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MICHIGAN CONGRESSMAN PETERS TOURS GREAT WESTERN TECHNOLOGIES INC. PLANT IN TROY, MICHIGAN
MICHIGAN CONGRESSMAN PETERS TOURS GREAT WESTERN TECHNOLOGIES INC. PLANT IN TROY, MICHIGAN.
About this update from Great Western Minerals Group Ltd
[{"type":"text","content":"GREAT WESTERN MINERALS GROUP LTD. NEWS RELEASE TSX Venture Symbol: GWG CUSIP: 39141Y 10 3OTCQX: GWMGF MICHIGAN CONGRESSMAN PETERS TOURS GREAT WESTERN TECHNOLOGIES INC. PLANT IN TROY, MICHIGAN January 27, 2011 – Troy, Michigan: Representative Gary Peters (House of Representatives 9th Congressional District, Oakland County) today toured Great Western Technologies Inc. (“GWTI”) at its Troy, Michigan plant. During his tour, Representative Peters stated to Great Western Technologies Inc. management that, in his opinion, GWTI has the ability to help address some of the United States’ Rare Earth alloy needs. GWTI, a wholly owned subsidiary of Great Western Minerals Group Ltd. (“GWMG”, TSX.V – GWG), converts elemental Rare Earths into metal alloy castings and powders for U.S. magnet production and other manufacturing purposes. This allows U.S. production of end products such as hybrid vehicles, wind turbines, other renewable energy applications and national security systems. In an April 2010 report to Congress, the United States Government Accountability Office warned of an impending Rare Earths crisis, especially as it relates to homeland security and national defense. GWMG is a member of the U.S. Magnet Materials Association, an organization that supports the establishment of a national Rare Earth alloy and metal stockpile by the federal government for homeland security and national defense purposes. During the plant tour by Representative Peters, Great Western Minerals Group President and Chief Executive Officer Jim Engdahl said, “Given that China today controls about 97% of the global Rare Earth production market, GWMG offers an alternative to China in U.S.-based production capacity, for a wide range of applications such as electronics, hybrid cars, energy systems, and defense networks.” Jim EngdahlPresident and CEO Great Western Minerals Group Ltd....