Implies something is on the cards - MP is the only US producer in the minutes able to tap into the intended funding mechanism from their Defense Production Act.
Uranium / Nuclear had their boost from US Defense Production Act two weeks ago - interesting timing now given the meeting with China yesterday - and China still holding all the cards. US need to play catch up - all this talk about Greenland has not amounted to any deal making yet; but nonetheless Gronnedal seems an ideal curiosity if fresh data is ever a selling point..
The Trump administration is developing a plan to use Cold War-era powers to prioritize and fund rare earth projects deemed critical to national security.
The plan involves using the Defense Production Act to tap financing, loans, and other means for rare earths element-related projects, including mining, processing, and downstream technologies.
EPM Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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