SOURCE: Industrial Info Resources

Industrial Info Resources

April 11, 2011 06:30 ET

South Africa Plans $2.3 Billion Rare Earths Value Added Project in Face of Global Supply Crunch, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - Apr 11, 2011) - Written by Richard Finlayson, Senior International Editor for Industrial Info -- South Africa's National Empowerment Fund is planning to investigate the potential of bringing in international and local investors to be partners in a $2.3 billion rare metals beneficiation facility on the Atlantic coast of the country.

Rob Davies, the trade and industry minister has said that the proposed plant at Saldhana in the Western Cape province would produce high-value industrial metals including titanium, zirconium, hafnium and silicon which are essential to key industries including the electronics, nuclear and high tech alloys industries.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=176920, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

Follow us on: Facebook - Twitter - LinkedIn

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147