News: PEK Shenghe Resources to buy 19.9% of Australia's Peak Rare Earths, page-171

see below message i sent of to
[email protected]
suggest everybody does the same.

Hello,

Please see the belowannouncement from Peak Rare Earths, an Australian Company seeking to minecritical Rare Earth Minerals in Tanzania.

“Peak Rare Earths Limited (ASX: PEK) (“Peak” orthe “Company”) has been informed that
ShengheResources Holding Co Ltd (“Shenghe”) has agreed to acquire a 19.9% interest in
Peakfrom Appian Pinnacle Holdco Limited (“Appian”), through its subsidiary, Shenghe
Resources(Singapore) Pte Ltd. Peak was not involved in any discussions or negotiations
betweenAppian and Shenghe.”

Peak Rare Earth’s Ngualla deposit is quitepossibly the best undeveloped REE deposit in the world.

It is generally accepted that at present theChinese have a monopoly on REE.

REE are critical to the world economy and arein short supply.

The concern is that China will use its monopolyof REE as a bargaining chip and hold the West to ransom.

We simply cannot afford for this project tofall into the hands of the CCP.

It is simply far too valuable for the securityof supply to the West.

Shengue Resources is a private Company,however, as you know, a private Company in China is not the same as a privateCompany in Australia.

Every single person and every entity in Chinais controlled by the CCP.

Can you please have a very close look at thisproposal.

For the good of the West’s supply of REE thisproposal needs to be blocked.

At the very least the Australian Governmentneeds to ensure that Shenghe is limited to 19.9% and is blocked form obtainingany more shares in Peak either directly or through the back door.

It needs to be made clear to Shenghe that theywill never be allowed to take over Peak RE.

If the CCP manage to get hold of this it willhave a very detrimental effect as far as the West’s ability to obtain a supplyof REE.

We are standing up to the Chinese and we arepaying a heavy price to our Trade.

Please don’t allow them to get away withstealing a gem like this.