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Frontier Rare Earths - TSX: FRO / US: FREFF
is an exploration and development company principally focused on rare earth projects in Southern Africa.
Our flagship asset is the Zandkopsdrift rare earth deposit located in the Northern Cape Province of South Africa and is one of the largest, code compliant rare earth deposits under development worldwide.
Zandkopsdrift’s favourable location and geological setting are expected to provide significant advantages in relation to capital, operating costs and development time.
Compared to other rare earth projects being evaluated Frontier is positioned to become one of the largest western producers of separated rare earth oxides globally.
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In December 2012, Frontier completed a major strategic partnership agreement with the South Korean Government through Korea Resources Corporation (“Kores”) focused on the financing and development of Frontier's Zandkopsdrift rare earth project in South Africa.
Zandkopsdrift is a high quality deposit
- High grade, attractive REE and CREO distribution, large tonnage, on surface, low radioactivity
Well positioned to be the next major western producer of separated rare earth oxides
- Only advanced Rare Earth junior with proven metallurgy
- Only Rare Earth junior with strategic partner and off-take agreement
- One of the largest potential producers of CREOs
Strong financial position – no debt
Fully funded to complete PFS and DFS
Share price trading at significant discount to peers