Canada Rare Earth Corp. (LL)

Overview

Canada Rare Earth Corp. operates as a development stage company primarily focused on the exploration and development of rare earth elements within the Asian territory. Initially founded in 1987 and formerly known as Rare Earth Metals Inc., the company underwent a rebranding to Canada Rare Earth Corp. in February 2013. With its headquarters based in Vancouver, Canada, Canada Rare Earth Corp. endeavors to serve a global market, emphasizing the sourcing, refining, and selling of rare earth elements. These elements are critical in manufacturing high-end electronics, amongst other industrial applications.

Products and Services

• High-Purity Rare Earth Oxides: These oxides are essential in manufacturing numerous high-tech and clean energy applications, including powerful magnets, batteries, and high-efficiency lighting. Due to their purity, these oxides are highly sought after for their superior performance in critical applications.
• Rare Earth Fluorides: Used primarily in the glass-making and metallurgy industries, rare earth fluorides serve as a flux to lower the melting temperature of metals and minerals, facilitating the production of high-strength glass and purified metals.
• Larger Particle/Nano Rare Earth Oxides: Catering to niche markets within electronics and advanced ceramics, these products offer unique properties like increased surface area and reactive properties, enhancing their functionality in specific applications such as catalysis and as additives in the production of advanced materials.
• Other Products: The scope of their offerings extends beyond these primary commodities into a range of tailored solutions designed to meet specific industrial needs. These include applications in lighting solutions where the unique phosphorescent properties of certain rare earth elements are utilized, ceramics and glass manufacturing which benefits from the durability and heat resistance of rare earth additives, catalytic and cracking processes in the petrochemical industry that are optimized with rare earth catalysts, magnets that require rare earth elements for strength and efficiency, and atomic energy where rare earth elements play crucial roles.