Quebec Rare Earth Elements Announces Change in Management and REE Opportunity
Quebec Rare Earth Elements Announces Change in Management and REE Opportunity
Toronto, Ontario--(Newsfile Corp. - November 23, 2023) - Quebec Rare Earth Elements Corp. (CSE: QREE) (the "Company") is pleased to announce a change in management and focus that positions the Company to capitalize on the significant opportunity in the rare earth element (REE) market.
Management Change, Martin Milette, CFO
Martin Milette has been appointed chief financial officer, replacing Arvin Ramos. The Company thanks Mr. Ramos for his service and wishes him well in his future endeavours. Mr. Milette has over 25 years of financial experience, with the last 15 years as chief financial officer at SEMAFO, a West African gold producer. Mr. Milette is based in Montreal.
Benoit Desormeaux, CEO, states, "I have worked with Martin for over 15 years and look forward to working with him again. His financial acumen is complemented well by his knowledge of the mining industry and general management skills. Together, with a small but focused team we look forward to capitalizing on the REE opportunity for the benefit of all stakeholders."
New Leadership, New Name, New Focus
QREE's founders are Benoit Desormeaux, John Jentz, Martin Milette and Richard Roy who are all substantial shareholders of QREE. All four have worked together at SEMAFO for many years and together, they have almost 100 years of mining experience throughout all stages of exploration, development, financing, construction and operations.
QREE was formed to develop REE projects, primarily in Quebec. The need for REE supply chains outside of China is clear and when combined with fundamental REE demand presents a significant opportunity. The province of Quebec is a premier, stable mining jurisdiction with vast REE exploration potential and has the required infrastructure for all stages of REE development.
REE Overview
Rare earth elements (REEs) are a group of 17 elements composed of scandium, yttrium, and the 15 lanthanides. REEs impart special properties of magnetism, luminescence, and strength. Although substitutes for REEs are available, they are generally less effective.
REE Opportunity, Permanent Magnets
Permanent magnets are the single largest and most important end use for REEs. Permanent magnets are an essential component of modern electronics used in automobiles, cell phones, televisions, computers, wind turbines, jet aircrafts and many other products. The strongest known magnet is an alloy of neodymium with iron and boron. Adding other REEs such as dysprosium and praseodymium can improve the performance and properties of magnets.
Although the amount of REE used in a product may not be a significant part by weight, value, or volume, the REE can be necessary for the device to function. Magnets made of REE often represent only a small fraction of the total weight, but without them, the spindle motors and voice coils of desktops and laptops would not be possible.
QREE is Well Positioned to Capitalize on REE Opportunity
QREE is well positioned to capitalize on the REE opportunity, given Quebec's rich mineral endowment and favourable mining jurisdiction. Further, the Quebec based team has the full complement of skills to add value to any stage REE project.
Qualified Person (QP)
The technical information in this news release has been reviewed and approved by Richard Roy, P.Geo, consulting geologist to QREE, who is a "Qualified Person" (as defined in NI 43-101).
About QREE
Quebec Rare Earth Elements Corp. (QREE) is a mining exploration and development company focused on Rare Earth Elements (REE), primarily in the favourable mining jurisdiction of Quebec. QREE is lead by a Quebec based team that has decades of mining experience across all stages of development, from grass roots discoveries, resource development, economic studies, financing, construction, production and on-going operations. Local community engagement is a core principle on which we seek to build a sustainable, high quality, high integrity business for the benefit of all stakeholders. QREE is listed on the Canadian Securities Exchange under the symbol "QREE".
For More Information, Please Contact:
QUEBEC RARE EARTH ELEMENTS CORP.
Benoit Desormeaux
Chief Executive Officer
Email: info@QREE.ca
Tel: 1-833-572-2333
Toronto Office:
Suite 401 - 217 Queen Street West
Toronto, ON M5V 0R2 Canada
安大略省多倫多--(Newsfile Corp.,2023年11月23日)-魁北克稀土元素公司(CSE:QREE)(以下簡稱 “公司”)欣然宣佈管理層和重點變動,使公司能夠抓住稀土元素(REE)市場的重大機遇。
管理層變動,馬丁·米萊特,首席財務官
馬丁·米萊特被任命爲首席財務官,接替阿文·拉莫斯。公司感謝拉莫斯先生的服務,並祝願他在未來的工作中一切順利。米萊特先生擁有超過25年的財務經驗,在過去的15年中,他在西非黃金生產商SEMAFO擔任首席財務官。米萊特先生現居蒙特利爾。
首席執行官Benoit Desormeaux表示:“我與馬丁合作了15年以上,期待再次與他合作。他對採礦業的了解和一般管理技能很好地補充了他的財務頭腦。通過一支規模雖小但專注的團隊,我們期待利用稀土資源的機會,爲所有利益相關者造福。”
新領導、新名字、新焦點
QREE的創始人是Benoit Desormeaux、John Jentz、Martin Milette和Richard Roy,他們都是QREE的大股東。這四個人在SEMAFO合作了多年,他們在勘探、開發、融資、建設和運營的各個階段擁有近100年的採礦經驗。
QREE 的成立是爲了開發 REE 項目,主要在魁北克。中國以外對稀土供應鏈的需求是顯而易見的,與基本的稀土需求相結合,將帶來巨大的機遇。魁北克省是首屈一指的穩定採礦管轄區,具有巨大的稀土勘探潛力,並擁有稀土開發各個階段所需的基礎設施。
REE 概述
稀土元素 (REE) 是一組 17 種元素,由鎘、釔和 15 種稀土元素組成。稀土元素具有磁性、發光和強度的特殊特性。儘管有稀土元素的替代品,但它們通常效果較差。
免費機會,永久磁鐵
永久磁體是稀土元素的最大和最重要的最終用途。永久磁體是現代電子設備的重要組成部分,用於汽車、手機、電視、計算機、風力渦輪機、噴氣式飛機和許多其他產品。已知最強的磁體是釹與鐵和硼的合金。添加其他稀土元素,例如鏑和鈀可以改善磁體的性能和特性。
儘管按重量、價值或體積來看,產品中使用的稀土元素含量可能不佔重要比例,但設備可能需要稀土元素才能正常運行。由稀土製成的磁體通常只佔總重量的一小部分,但是沒有它們,臺式機和筆記本電腦的主軸馬達和音圈就不可能實現。
QREE 完全有能力利用稀土元素的機會
鑑於魁北克豐富的礦產資源和有利的採礦管轄權,QREE完全有能力利用稀土元素的機會。此外,總部位於魁北克的團隊擁有爲任何階段 REE 項目增加價值的全套技能。
合格人員 (QP)
本新聞稿中的技術信息已由QREE的諮詢地質學家Richard Roy審核和批准,他是 “合格人員”(定義見NI 43-101)。
關於 QREE
魁北克稀土元素公司(QREE)是一家專注於稀土元素(REE)的礦業勘探和開發公司,主要位於有利的魁北克礦業管轄區。QREE由一支位於魁北克的團隊領導,該團隊在各個開發階段擁有數十年的採礦經驗,包括基層發現、資源開發、經濟研究、融資、建築、生產和持續運營。當地社區參與是一項核心原則,我們力求建立一個可持續、高質量、高誠信的企業,造福所有利益相關者。QREE 在加拿大證券交易所上市,股票代碼爲 “QREE”。
欲了解更多信息,請聯繫:
魁北克稀土元素公司
Benoit Desormeaux
首席執行官
電子郵件:info@QREE.ca
電話:1-833-572-2333
多倫多辦公室:
401 號套房-皇后街西 217 號
安大略省多倫多 M5V 0R2 加拿大
譯文內容由第三人軟體翻譯。
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