Just Posted on Linkedin. Looks like Olli not wasting any time in his new role. He was in the US last week holding a series of meetings with major US government and industry players.
While we might not be gaining the interest of the investment market. We are certainly on the radar of the major players. This is more a lot than just employing a lobby group!!
Just Posted on Linkedin. Looks like Olli not wasting any time in...
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✅EQ Resources Limited/Cronimet andElmet Technologiesdelegation concluded a successful week full of meetings in Washington DC with key Government agencies and stakeholders mandated to strengthen US critical minerals supply chains.
✅ Take away: The US Department of Defense, the Department of Commerce and leading US Defense Manufacturers are “all-in” on developing key relationships with partners able to supply into US critical minerals supply chains.
✅ Solution: The EQR/Elmet proposition offers those stakeholders, and the wider energy and defense sectors a unique access to reliable Western sources of tungsten – a rare and strategic commodity outside of China!
✅ The delegation further met with the US Defense Logistics Agency (providing key infrastructure and strategic stockpiling of critical materials), as well as the US International Development Finance Corporation and US EXIM Bank, both mandated to fund the urgently required supply base for critical minerals – “Time is of the essence, best to talk to existing suppliers and manufacturers which already formed strategic US-Australian ties”.
✅ The Australian Embassy in Washington and Austrade (special thanks to Mike Holland ) are an invaluable catalyst not only for EQR, but the wider critical minerals industry in Australia.
✅ The significance of EQR as the largest Western tungsten concentrate producer, and the criticality of tungsten as a commodity, have been voiced strongly and messages elevated to highest levels within the Government.
⚠️ FUN FACT ⚠️ : One of the largest funding programs (billions of $$) for defense related supply chains is regulated by the US Defense Production Act, Title 3 (DPA-T3). The DPA-T3 qualifies not only US but also Australian, Canadian and UK suppliers for large scale funding commitments.
⁉️ With the US, Canada and the UK currently not mining any tungsten, EQR is uniquely positioned to benefit from the DPA-T3 programs – “We don’t mind competition, but sometimes enjoy being the single source”.
hashtag#tungstenhashtag#criticalmineralshashtag#defenseindustry