Eastern Field International Ltd. Orders Rise While Competition Slows Output

Posted November 4, 2013 by Maiweikuan

In spite of growing global demand for rare earth elements, large producers have been steadily leaving the highly specialized market enabling Eastern Field International Ltd. to rapidly gain market share.

Because heavy rare earth elements are relatively scarce coupled with the mounting new applications for these elements, the demand has escalated along with prices. There are two major types of rare earth deposits; those associated with carbonatites and those with peralkaline igneous complexes.

Largely, the peralkaline igneous complex is the type mostly enriched for the lucrative heavy rare earth elements market. Eastern Field International Ltd. is ramping up plans to expand production of all types of rare earth, funded by an IPO slated for 2014.

Eastern Field International Ltd. is a company focused on rare earth elements exploration by way of identification and discovery of new rare earths sources and opportunities that can provide long term supply and with the potential for full development of world-class facilities for separation and delivery. The Company has several rare earth projects in multiple locations, the operations of which are enhanced by close relationships with a number of top tier companies in the industry who have the capability of separating the full spectrum of rare earth elements.

This announcement may contain forward-looking statements, as defined by securities laws, including statements regarding financial outlooks and market environments. Any such statements are based on present expectations and involve a number of risks and uncertainties. Important factors, including those mentioned in this item, that could cause real results to differ materially are set forth in the company’s annual report and subsequent statutory filings. They include risks and uncertainties relating to the pace at which the company adds manufacturing capacity and new capital sources, the value of global and regional financial markets, and the dynamics of the markets the company serves.

Eastern Field International Ltd. encourages investors to consult with an investment professional and review filings in conjunction with this publication and prior to making any investment decisions. The forward-looking statements contained in this announcement speak only as of the date of its release; the company does not undertake to revise these forward-looking statements to reflect events after the date of this release.
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Contact Email [email protected]
Issued By Mai Wei Kuan
Phone 862029101912
Business Address Level 10, Skyframe Tower
8 Linhe Zhong Road, Tainhe District
Country China
Categories Business , Technology
Tags Easternfield , Rare , Earth , processing , technology
Last Updated November 4, 2013