Wednesday, September 21, 2011

Stans Energy Corp./REE

About Stans Energy Stans Energy Corp. is a resource development company focused on progressing Heavy Rare Earth (HRE) properties in areas of the Former Soviet Union. In December 2009, Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine from the Kyrgyz Republic. On May 26, 2011 Stans completed the purchase of the Kashka Rare Earth Processing Plant (KRP) the same plant that previously refined REEs historically from Kutessay II. The KRP was the only hard rock plant to produce all rare earth elements outside of China, producing 120 different metals, alloys, and oxides. For over 30 years, Kutessay II produced 80% of the rare earth metals for the former Soviet Union. We seek safe harbour 8 King Street West Toronto,Ontario Rare Earth Elements (REEs) are any of the abundant metallic elements of atomic number 57 through 71, plus Scandium and Yttrium, of which the oxides are classified as rare earths. REEs have unique physical and chemical properties and are irreplaceable components of many advanced electronic devices, products for energy efficiency, and innovations focused on reducing greenhouse gases. As such they are essential to many of the world’s emerging green technologies. REEs are divided into two groups – Light Rare Earth Elements (LREEs), and Heavy Rare Earth Elements (HREEs). HREEs are extremely rare in economic quantities, and therefore they are more valuable than the more common LREEs. The United States Geological Survey has predicted that most critical REOs in terms of future supply versus expected demand are Yttrium (Y), Dysprosium (Dy), Terbium (Tb), Neodymium (Nd), and Europium (Eu). Based on the breakdown of REOs contained within the Kutessay II deposit and their respective oxide prices, these critical elements, with the exception of Europium, are likely to represent the majority of Kutessay II’s value. The current world REEs supply is exported almost exclusively from China, but the Chinese demand for these elements is projected to match the domestic supply in the near future. If the projected demand for REEs comes to fruition, the rest of the world will be forced to secure its own strategic supply. In short, the near-term production of REEs located outside of China will be a crucial step in creating a greener future for the entire planet

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