Eastern Field International Ltd. Wins Substantial Supply Contract
Eastern Field International Ltd. just announced a significant new contract to become the new supplier of rare earth metals to a major manufacturer of battery and electric motor components for hybrid cars, trucks and buses.
Online, August 16, 2013 (Newswire.com) - With a reduction of worldwide suppliers large enough to guarantee consistently large supply levels, Eastern Field International Ltd. has been winning more requests for proposals (RFPs) than ever before. Reduced competition and steadily increasing global demand has driven significant growth in the company.
New capital to fund the company's growth will be raised with a recently announced IPO in the first half of 2014. More details of new contracts and the IPO will be announced when available. Interested investors should register with their accredited representative to get updates directly.
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 item 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 here speak only as of the date of its release; the company does not undertake to revise these forward-looking statements to reflect events after the date of this release.