Eastern Field International Ltd. Passes Environment Assessment


Posted December 9, 2013 by Maiweikuan

In preparation for its IPO in early 2014, Eastern Field International Ltd. has completed the next regulatory step with very positive results.

 
The required environmental impact survey was conducted over the last three months. All aspects of the company’s operations were analyzed for environmental impact. The resulting report indicated that Eastern Field International Ltd. has surpassed all international requirements for protecting the environment, often by a large margin.

Capital raised from the upcoming IPO will allow the company to further increase production efficiencies and capacity. Demands for Eastern Field International Ltd. products have now exceeded the company’s output capacity. Orders are currently being met on a provisional basis, with long term contracts being honored first.

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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Issued By Mai Wei Kuan
Phone 862029101912
Business Address Level 10, Skyframe Tower
8 Linhe Zhong Road, Tainhe District, Guangzho City
Country China
Categories Business , Technology
Tags earth , eastern , processing , rare , technology
Last Updated December 9, 2013