Canada Rare Earth Announces Rare Earth Supply Agreement
Canada Rare Earth Announces Rare Earth Supply Agreement
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2024) - Canada Rare Earth Corp. (TSXV: LL) ("Canada Rare Earth" or the "Company") is pleased to announce the signing of a supply agreement between Simba Essential Minerals S.A.S ("Simba"), which will be a wholly owned subsidiary of Canada Rare Earth and SAKIMA SA, a Congolese state-owned mining company. This agreement will enhance Canada Rare Earth's supply chain of rare earths and other essential minerals sourced in the Democratic Republic of Congo ("DRC") and will go a long way towards enabling the Company to increase its supply volumes.
加拿大稀土公司（TSXV: LL）很高興宣佈，該公司與Congo國有礦業公司SAKIMA SA簽訂了供應協議。此協議將提高加拿大稀土公司在剛果民主共和國（DRC）採購稀土和其他必要礦物的供應鏈，有助於公司增加供應量。這是該公司擴大業務的又一里程碑。Simba Essential Minerals SA.S, 將成爲加拿大稀土公司全資子公司，簽署了供應協議。
This supply agreement builds on the Company's press release of February 26, 2024, which first announced the establishment of its proprietary rare earth supply chain in the DRC.
此次供應協議是建立在加拿大稀土公司2024年2月26日的新聞稿之上，該新聞稿首次宣佈了在DRC建立專有的稀土供應鏈的計劃。
Steve Sadiki, CEO and President of Simba Essential Minerals, stated: "This supply agreement with SAKIMA is another major milestone in the expansion of the Company's rare earths supply chain in DRC. We continue to be dedicated to extracting these resources responsibly, bringing benefits not only to our shareholders but also to the local communities that are integral to our operation. The concession which the supply agreement provides access to are known to have very high mineral grades and we look forward to the resulting robust margins on our sales."
Simba Essential Minerals的CEO和總裁Steve Sadiki表示:“與SAKIMA簽訂此供應協議是加拿大稀土公司在DRC稀土供應鏈擴展方面的又一重要里程碑。我們將一如既往地致力於負責任地開採這些資源，不僅爲股東帶來收益，而且也爲我們的業務所在的當地社區帶來益處。這個供應協議提供了訪問具有非常高礦物品位的特許經營權，我們期待在銷售中獲得強大的利潤率。”
"We are excited about this agreement, marking a step for the Company in our growth and expansion in the global essential minerals market." said Peter Shearing, CEO of Canada Rare Earth, "By securing a reliable supply of high-quality rare earth minerals from the DRC, we strengthen our supply chain and competitive position, positioning the Company for future success."
加拿大稀土公司的首席執行官Peter Shearing表示:“對於該協議我們感到非常興奮，這標誌着公司在全球必要礦物市場上的增長和擴張邁出一步。通過確保穩定高品質的稀土礦物從DRC採購，我們的供應鏈和競爭地位得到了加強，這爲公司未來的成功奠定了基礎。”
About SAKIMA SA:
關於SAKIMA SA:
SAKIMA SA, a state-owned mining entity in the DRC, holds extensive mining rights and operates significant production infrastructure across several provinces. The company is dedicated to responsible mining practices and contributing to the economic development of the region.
SAKIMA SA 是剛果民主共和國的一家國有采礦公司，擁有廣泛的採礦權和生產基礎設施，在多個省份開展業務。該公司致力於負責任的採礦實踐，併爲該地區的經濟發展做出貢獻。
About SIMBA ESSENTIAL MINERALS S.A.S.:
關於SIMBA ESSENTIAL MINERALS S.A.S.：
SIMBA ESSENTIAL MINERALS S.A.S. is a Congolese company specializing in the procurement and export of essential minerals. With a focus on sustainability and ethical sourcing, Simba is committed to supporting the DRC's mining industry and global supply chains.
SIMBA ESSENTIAL MINERALS S.A.S. 是剛果民主共和國的一家公司，專注於採購和出口必要礦物。以可持續性和道德採購爲重點，SIMBA致力於支持DRC的採礦業和全球供應鏈。
About Canada Rare Earth Corp.
關於加拿大稀土公司。
Canada Rare Earth operates a rapidly expanding global essential minerals business, built on over a decade of success in the rare earth minerals and products sector. Our strategy focuses on leveraging near-term positive cash flow opportunities to support our growth. This includes acquiring and developing proprietary projects, resources, and processing facilities.
加拿大稀土公司是一家快速擴張的全球必要礦物業務公司，基於在稀土礦物和產品領域超過十年的成功經驗。我們的戰略重點是利用近期的正現金流機會支持我們的增長。這包括收購和開發專有項目，資源和加工設施。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-looking statements in this release are made pursuant to the 'safe harbour' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.
TSX Venture Exchange或其監管服務提供者（如TSX Venture Exchange政策中所定義）對本新聞稿的充分性或準確性不承擔任何責任。本新聞稿中的前瞻性語句是根據1995年《私人證券訴訟改革法》的"安全港"規定製定的。投資者應注意，此類前瞻性語句涉及風險和不確定性。
For more information, interested parties can review the Company's filings available at .
有關更多信息，請參閱公司的備案文件。
FOR FURTHER INFORMATION, PLEASE CONTACT:
如需更多信息，請聯繫：
Peter Shearing
Chief Executive Officer
pshearing@canadarareearth.com
Peter Shearing
首席執行官
pshearing@canadarareearth.com
Janet Meiklejohn
Chief Financial Officer
jmeikjlejohn@canadarareearth.com
Janet Meiklejohn
致富金融
jmeikjlejohn@canadarareearth.com
Telephone: (604) 638-8886
Website:
電話: (604) 638-8886
網站：
譯文內容由第三人軟體翻譯。