Great Western Minerals Group Ltd. (TSX-V: GWG, US Pink Sheets: GWMGF) is a Canadian-based company with six rare earth exploration and development properties in North America with an option to participate in the development of a sizable property in South Africa. In addition, as part of the Company's strategy to pursue a vertically-integrated business model, the Company's wholly-owned subsidiaries of Less Common Metals Limited, located in Birkenhead UK, and Great Western Technologies Inc., located in Troy, Michigan, produce a variety of specialty alloys for use in the battery, magnet and aerospace industries. The Company has an established customer base of well-known, blue chip global users in those industries. GWMG has a knowledgeable, experienced Management Team, Board of Directors, and Advisory Board with extensive experience in all aspects of the business, including exploration and development, mining operations, specialized product development, sales and marketing.
The Challenge for REE users: An Impending Rare Earth Element Shortage: Global industry giants across a wide range of sectors are extremely concerned about the impending shortage of REE. Those giants need REE to maintain leadership in their respective sectors. China currently controls the REE sector as the primary supplier to the global industry, producing over 97% of the world's supply of REE. By 2014, the demand for REE is projected to exceed supply as China is expected to consume all that it produces. Lack of access to secure supply could be economically crippling for many global industries that rely on REE.