raree Earth Salts has determined its approach to reach the distribution phase for its separation technology in the short term. The work for the process modeling process for the separation process and the viability of the commercial components has already begun. The tests are designed to demonstrate the functionality of the procedures and the scalability of RES's proprietary separation technology. The successful completion of these tests will facilitate the engineering and construction of a commercial production facility, which will have an initial separation capacity of 10 tonnes of rare earth concentrate per month.
"The imminent commercialization phase will mark an important milestone for RES and the industry as such," said Allen Kruse, CEO of RES. “Our team of technical professionals continues to provide data that indicates the lowest operating costs and the highest productivity in the industry - all with ongoing costs of less than $ 4 per kilogram. We are convinced that our separation technology represents precisely the component that was previously missing to ensure the economic success of our industry in western countries again. Our technology will enable current and future producers of rare earth concentrate to once again compete directly with Chinese producers and even make a profit at Chinese domestic prices. "
"The functional independence of the RESST technology (Rare Earth Salts Separations Technology) with regard to various raw materials for the rare earth concentrates is another important advantage for RES," continues Allen Kruse. "Our technology enables us to combine concentrates from different partner companies and raw material types without impairing the separation performance."
RES works as part of the 14. October 2014 announced joint development agreement with a major mining company and plans to expand its original commercial production facility to handle much larger production volumes. RES will continue to search for additional partners to work with in this period of continued growth in its commercial capacity.
Rare Earth Salts is a leader in industrial and application technologies and has set itself the goal of entering the production phase at short notice. The company has developed a patent pending industrial technology that has already proven to be an efficient and economical process for separating and processing all 16 Rare Earth Elements to a high degree of purity. The process is environmentally friendly and promises significantly lower costs compared to the standard procedure.
Source: http://www.foonds.com/article/33872/
