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Friday, April 17, 2015 12:44:38 AM
Includes:CCJ, SNET
-SNET see opportunity in Canadian mining exports being pushed by Prime Minister.
-China tighten regulations on exports effecting Japans Tech sector.
- Massive upside potential in Rare Earth Minerals as stockpiles dwindle.
April 16 2015 (10:36pm CST) Rare earth minerals are highly coveted for their vital role in the manufacture of high-tech electronics devices, advanced medical equipment and military hardware, among many other applications.
In a January 7th 2015 Reuters article it is stated that China supplies 90% of the world's rare earth supplies. There are only two companies outside of China that currently produce rare earth metals one of them being SourcingLink.net, Inc.
Japan imports 56 percent of China's rare earth exports total output to fuel it high-tech industry. Facing uncertainty in that supply chain that would dramatically be affected by the potential loss and or increasing demand Japan must diversify its channels for importing rare earth elements. As Japan searched for a more secure supply of rare earth minerals located in North America. Japan has been drawing on their own stock piles since mid 2014 leaving the tremendously depleted the potential to effect tech output in 2015 and the future.
Canadian Prime Minister Harper met with Japanese Prime Minister Abe on March 25, 2014 on the margins of the Nuclear Security Summit in The Hague. The two leaders reaffirmed their commitment to advance the Canada-Japan Economic Partnership Agreement CJEPA in parallel with the TPP negotiations, in line with the strong support for the CJEPA that was already expressed during Prime Minister Abe's official visit to Ottawa in September 2013. Source Government of Canada Website http://www.international.gc.ca/trade-agreements-accords-commerciaux/agr-acc/japan-japon/background-contexte.aspx?lang=eng
Prime Minster Harper is looking to continue the success of these mining partnerships as he recently announced India's deal to import uranium from Saskatchewan Company Cameco (NYSE:CCJ) on April 15th 2015. This is the first of what could be possibly more multi-hundred million dollar mining deals that Harper plans to continue with moving towards an election in the Fall.
"SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 334 mineral claims covering approximately 3951 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world." - Source http://www.marketwatch.com/story/north-american-rare-earth-suppliers----vital-for-future-global-needs-2015-02-27
SourcingLink.net, Inc. is in a prime spot to see a massive increase in revenue as they possibly fill the void China has left in the market for Japan combined with these economic geopolitical favorable times of Canadian mines see push in exporting globally.
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