We should be in for a very interesting August. From memory there is only 1 Rare Earth mine in the US.
The Pentagon wants a quick response from the manufacturers and gave them just a few weeks, until the end of Jul
The side meetings and dinner with the PM is a good sign that we are being considered for supply.
After a review of the responses, the agency reportedly may then offer financial assistance to support the vital industry.
We have the product in abundance and offer a stable political environment. Where better to invest if you want to ensure supply.
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