"The Pentagon plans to award contracts to north American companies by Year-end to recover gallium, a critical metals used in advanced radar systems, after china imposed export restrictions amid ongoing trade tensions between the two worlds largest economies".
"Defense officials will use the Defence Production Act to fund projects that extract gallium from existing waste streams, Pentagon spokesman Jeff Jurgensen said. "Recovery, not mining, is the fastest way to make materials more available in the US," the statement noted, adding that Defense Production Act funds "have not been awarded for materials recycling projects" previously.
WHO WIL BE AT TH FRONT OF THE QUEUE?
MTM Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)