Strategic Rare Earth Metals, Inc. (SREH/SREH.PK) Wrap Up:

Strategic Rare Earth Metals, Inc., through its subsidiary, China Laizhou Bay Mining International Corporation, engages in mining and processing granite in the People's Republic of China. It extracts granite blocks from quarries and processes them into finished pieces, such as slabs and tiles that are used in construction; cladding; and carved and decorative features, such as statues, pedestals, and ornaments. The company owns and operates two granite quarries, Shangjiashan Granite No. 1 Quarry and Laizhou Zuocun Town West Jiangjia Village Granite Quarry Group 14 located in Laizhou City, Shandong Province. As of December 31, 2005, Strategic Rare Earth Metals’ mines consisted of approximately ...