Eastern Field International Ltd. Acquires Another German Supply Contract
Eastern Field International Ltd. continues to acquire long term supply contracts with firms around the world, most recently in Germany as the company acquires its eighth deal in the EU this year alone.
Guangzhou (I-Newswire) October 7, 2013 - The supply contract is with a major heavy manufacturer with several production plants in the region. Eastern Field metals products will be used in high tech sensing and charging systems for commuter trains and buses that are used worldwide.
Contractual supply commitments are anticipated to surpass the company's output capacity in the near future. This is the main reason for the planned IPO scheduled for 2014. The goal is to raise funds to expand the company's capacity to supply a growing customer list demanding quality rare earth metals and elements.
Eastern Field International Ltd. is a company focused on rare earth elements exploration by way of identification and discovery of new rare earths sources and opportunities that can provide long term supply and with the potential for full development of world-class facilities for separation and delivery. The Company has several rare earth projects in multiple locations, the operations of which are enhanced by close relationships with a number of top tier companies in the industry who have the capability of separating the full spectrum of rare earth elements.
This may contain forward-looking statements, as defined by securities laws, including statements regarding financial outlooks and market environments. Any such statements are based on present expectations and involve a number of risks and uncertainties. Important factors, including those mentioned in this announcement, that could cause real results to differ materially are set forth in the company's annual report and subsequent statutory filings. They include risks and uncertainties relating to the pace at which the company adds manufacturing capacity and new capital sources, the value of global and regional financial markets, and the dynamics of the markets the company serves.
Eastern Field International Ltd. encourages investors to consult with an investment professional and review filings in conjunction with this publication and prior to making any investment decisions. The forward-looking statements contained herein speak only as of the date of its release; the company does not undertake to revise these forward-looking statements to reflect events after this date.
About Eastern Field International Ltd.
Eastern Field International Ltd is a company focused on rare earth elements exploration by way of id More..entification and discovery of new rare earths sources and opportunities that can provide long term supply and with the potential for full development of world-class facilities for separation.Less..
Eastern Field International Ltd.
Level 10, Skyframe Tower
8 Linhe Zhong Road, Tainhe District
Phone : 862029101912
Published On:October 7, 2013
Print Release:Print Release
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