“We have a district in Newfoundland and Labrador. We just announced the second resource in our district which is really a game-changer because it takes our project from a 14 years life mine to probably a generational play which has excited the government of Newfoundland and Labrador and the Canadian government.” States Greg Andrews, President, CEO and Director of Search Minerals Inc. (TSXV: SMY), in an interview with InvestorIntel’s Tracy Weslosky.
Greg went on to provide an update on Search Minerals’ Pilot Plant. He said that the Company’s focus in the next six months will be to finish optimization of the pilot plant and to develop a demonstration plant to create more products to get further down the supply chain. Greg further added that the company recently hired rare earths specialist Kaz Machida to provide consulting services to guide the development of a marketing strategy for entrance into the rare earth supply chain both in North America and Japan. Greg also said that there is a renewed interest in the rare earths space to create a rare earths supply chain in North America because of the ongoing trade war between the US and China and the electrification of vehicles.
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Disclaimer: Search Minerals Inc. is an advertorial member of InvestorIntel Corp.