PEK 7.14% 19.5¢ peak rare earths limited

Small Caps May 2020Australian project in AfricaThe fourth...

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    Small Caps May 2020

    Australian project in Africa

    The fourth Australian hopeful is Peak Resources (ASX: PEK) with its Ngualla project in Tanzania.The company is targeting Japan for its sales of neodymium-praseodymium offtake and has an option of 19 hectares of land in England’s Teesside to build a refinery.The Teesside site is fully permitted and now the company is just waiting for its mining licence to be issued by the Tanzanian government, the final regulatory requirement for the Ngualla project.

    Has anyone hard about "targeting Japan" specifically ?
 
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