Eastern Field International Ltd. Shortlisted For Large South Korean Contract


Posted September 26, 2014 by Maiweikuan

Eastern Field International Ltd. announced that it is now in the top three bidders for a major South Korean supply contract.

 
The company's management cited how important it is to access the lucrative South Korean market. As a major world producer of high tech products, South Korea is a significant consumer of rare earth elements. A successful supply contract there will potentially open the door to much more business in the region.

The prospective client is known for vehicle component manufacturing and high tech consumer products. Reduced global competition and steadily increasing worldwide demand continue to accelerate Eastern Field International Ltd. market share and profit margins.

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 release, 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 item 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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Issued By Mai Wei Kuan
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Business Address Level 10, Skyframe Tower
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Country China
Categories Business
Tags earth , eastern , field , processing , rare , technology
Last Updated September 26, 2014