REM International is a mineral exploration and production company with a commitment to discover, develop and produce from Rare Earth Mineral sites throughout the Pacific Ocean. REM International was founded on the principals of innovation and efficiency. We have at our disposal the latest technology tools in deep sea exploration and robotics, and along with a surface fleet that incorporates the latest milling processes, REM International can achieve exceptionally high rare earth recovery rates.
REM International is operated by a management team of professionals with many years of hands on experience in both the scientific and mining communities and with a renowned track record of excellence. REM International’s management team fully embraces the principals of innovation and efficiency that are at the core of the company’s strategy.
REM International’s growth strategy is to bring its technological assets to bare and develop its Okinawa Trough and Izu Island fields to production and cash flow by early 2013. REM International intends to operate in a manner that is both environmentally and socially responsible, adding value to all shareholders.
REM International has carried out a number of test mining programs throughout the Okinawa Trough and Izu Islands and hopes to have its first commercial extraction under way before the end of the first quarter of 2013. From our sites in both of these locations, REM International hopes to be bringing over 3,000 tons of rare earth metals to market each year from 2016 onwards, with further growth possible.
Once commercial extraction is underway in the Okinawa Trough and Izu Islands fields, REM International will ramp up its exploration and analysis phase of its Pacific Ocean sites. It is estimated that over 100 billion tons of rare earth minerals sits in the soft muds scattered around hydrothermal vent sites around the Pacific Ocean.
Using the pioneering deep water exploration and robotic techniques that REM International developed for the exploration of its Okinawan and Izu sites, and perfected through the development and production phases, REM International hopes to turn a deepwater site to a producing concern within months of the analysis identifying the appropriate field.