Canada Rare Earth Corp is a Canadian-based company that specializes in the exploration, development, and production of rare earth elements (REEs). The company's primary focus is on the development of its flagship property, the Norra Karr project in Sweden, which is one of the largest heavy REE deposits in the world. Canada Rare Earth Corp also has a number of other REE projects in Canada and the United States. The company's goal is to become a leading producer of REEs outside of China, which currently dominates the global market. REEs are critical components in a wide range of high-tech products, including smartphones, electric vehicles, wind turbines, and military equipment.