Ceritech is a private company registered in Germany with its headquarters in Leipzig, Saxony. The main shareholder is the Deutsche Rohstoff AG with 66.1 % of shares.
In contrast to companies listed on the stock exchange, we have a limited obligation to report publicly. Currently, this is helpful to us. It protects our idea and gives us the necessary freedom to develop our project without interference.
Without taking the general public into account, we regularly inform our investors and shareholders in our newsletter. Furthermore, every shareholder naturally has the opportunity to gather information about our business and the strategy of the company and to also exert influence during our annual shareholder’s meeting. Every shareholder may also feel free to contact us at any time.
Investors are hereby invited to contact us at any time. We will gladly discuss our project with you personally.
Smart Rare Earths – Scheduling
Ceritech’s Smart Rare Earth Project works without developing an own mine, including expensive exploration, infrastructure and waste dump management. This leads to a comparatively short amount of time we plan for our entire project development. The aforementioned circumstances, however, also keep costs for our project development very low. We focus on developing our product and mineral engineering.
Ceritech estimates costs of about 10 million Euros for project development. We aim to push the Smart Rare Earth Project to be ready for large-scale sales volumes using this sum. Costs for project development are to be covered by two funding events which will be triggered by reaching two milestones. The first milestone is a binding contract with one of our fertilizer partners.
We plan to collect 3 million Euros in equity capital with submission of this binding contract. This enables us to continue project development including a PFS study. Should this study show positive results, an additional 7 million euros will ensure development of the project until it is ready for construction. If the realization of the project works out as planned, we estimate a start of production by the end of 2023 / beginning of 2023.