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4.17% 2.3¢ energy transition minerals ltd

Ann: Greenland Government Meetings Update, page-122

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  1. Mahlon
    2,079 Posts.
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    28/02/22
    03:18
    Post #: 59858450
    The US is OK with Shenghe and the relationship with GGG looks identical.

    https://www.forbes.com/sites/jimvinoski/2020/06/26/mp-materials-says-theyre-our-fastest-path-to-re-establishing-the-american-rare-earths-supply-chain/?sh=7ef41a5c6773

    "MP Materials is privately held by affiliates of two U.S. investment advisers, JHL Capital Group LLC of Chicago and QVT Financial LP of New York City, with Leshan Shenghe Rare Earth Co. Ltd. of Shanghai holding a 9.9% non-voting share.

    That minority ownership stake by a Chinese firm has led to unfortunate disinformation about the company. For example, there was by The Japan Times that the U.S. Department of Energy (DOE) had instructed its scientists not to work with the company because of that affiliation. But that report is false. “The Department of Energy does not have a policy ‘blacklisting’ MP Materials,” said DOE spokeswoman Jess Szymanski. “To say so is inaccurate and a mischaracterization of the Critical Materials Institute Interim Director’s comments. The research and development of rare earth elements and collaboration with industry in this area remain high priorities for DOE.”

    GGG Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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