PEK 0.00% 19.5¢ peak rare earths limited

News: PEK Shenghe Resources to buy 19.9% of Australia's Peak Rare Earths, page-174

  1. 88 Posts.
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    Hate to say it, but well done to them....Shenghe actually has foresight and motivation to make a good investment in what is a world class ree deposit. The western world has had the same opportunity and timeframe to do the same thing but they have chosen not to.The only thing the Western world can do right now is mop up a blocking stake before Shenghe or another Chinese state owned company takes a controlling interest (which is going to happen sooner or later).
 
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