Peak selects northern England site for REE refinery

By Myles McCormick
Published: Wednesday, 07 December 2016

The Australian rare earths junior has chosen Tees Valley for its plant, citing factors including proximity to ports, bulk low-cost reagent supplies and a highly skilled workforce. Britain’s impending exit from the EU is not a source of concern for the company.

ASX-listed rare earths junior Peak Resources Ltd has opted for Tees Valley in northern England as a site for its proposed rare earths refinery.

The company, which is developing the Ngualla rare earths project in Tanzania, said that the location would provide it with access to global shipping, cheap and reliable...

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