wyomingdude
3 months ago
Impact of a Trump Victory
Geopolitical Dynamics and Supply Chains
A Trump victory is likely to revive his assertive stance on China, which could reignite trade tensions reminiscent of his first term. Given that China controls about 80% of the global supply of technology metals and rare earth elements, any escalated trade conflict could lead to disruptions in supply chains??. This scenario would almost certainly drive up prices due to the scarcity of these crucial materials, affecting everything from smartphones to electric vehicles.
Defense and Technological Investments
Trump’s administration previously emphasized bolstering national security and technological superiority. Should he return to office, we can expect a renewed focus on securing supply chains for defense-related technologies, which heavily depend on strategic metals like hafnium and neodymium??. Investments in domestic mining and refining capacities could surge, potentially reshaping the market dynamics in favor of U.S. producers but also pushing global prices higher due to anticipated supply constraints during the transition.
Economic Policies and Market Speculation
Trump’s economic policies often favor deregulation and tax incentives for key industries, including mining and manufacturing. Such policies could incentivize increased domestic production of strategic metals, though the ramp-up would take time. Meanwhile, market speculation alone, driven by policy announcements, could lead to immediate price hikes as investors anticipate tighter supplies and stronger future demand.
wyomingdude
4 months ago
When China threatened to cut off rare earth shipments to Japan, in 2011, the stock of Rare Element Resources exceeded $16 per share. It didn't stay up there, however, very long! Interesting, at that time there was no big development of the mine nor was there a General Atomics involved and there was no processing being done. What if that scenario ever repeated itself?
wyomingdude
4 months ago
“In anticipation of the DOE’s operations approval just received, we have spent the past several months working alongside the project team and our contractors preparing the site for operations,” said Ken Mushinski, President and CEO of RER. “With the achievement of this pre-operational milestone and anticipated receipt of the NRC’s license amendment necessary for operations, we continue preparations for the commencement of plant operations. We have engaged Wood plc, out of Gillette, Wyoming, as our operations staffing contractor which is preparing a staffing roster for operating the Demonstration Plant under RER’s supervision. Entering the operations phase moves us one step closer to proving our innovative rare earth recovery technology is ready for commercial applications.”
wyomingdude
4 months ago
Wood, PLC, has 35,000 professionals across 60 countries and is one of the world's leading consulting and engineering companies operations across energy and materials. The headquarters of John Wood Group, PLC, also known as Wood, is located in Aberdeen, Scotland. It is a British multinational energy and consulting company.
ComstockRoyalty
4 months ago
SUPER BULLISH NEWS -
Rare Element Resources Receives DOE Operations Approval and Additional Funding Commitment for Rare Earth Demonstration Plant in Wyoming
by Rare Element Resources | Sep 26, 2024
Operations Planned to Commence in 4Q 2024
September 26, 2024 – Littleton, Colorado – Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce that the U.S. Department of Energy’s (the “DOE”) Office of Energy Efficiency and Renewable Energy has issued the second and final Project Continuation Notice following its approval of the operations budget and confirmation of readiness for the operations phase of the Company’s rare earth processing and separation demonstration plant (the “Demonstration Plant”). This notice allows operations to formally commence once the Company receives the U.S. Nuclear Regulatory Commission (the “NRC”) operations approval under the previously issued license, which is anticipated in the coming weeks. These milestones will allow for the commencement of operations in the fourth quarter of 2024. The Demonstration Plant, which has been designed to advance the Company’s proprietary processing and separation technology, is expected to generate the operational and economic data necessary for the design of a commercial-scale plant.
“In anticipation of the DOE’s operations approval just received, we have spent the past several months working alongside the project team and our contractors preparing the site for operations,” said Ken Mushinski, President and CEO of RER. “With the achievement of this pre-operational milestone and anticipated receipt of the NRC’s license amendment necessary for operations, we continue preparations for the commencement of plant operations. We have engaged Wood plc, out of Gillette, Wyoming, as our operations staffing contractor which is preparing a staffing roster for operating the Demonstration Plant under RER’s supervision. Entering the operations phase moves us one step closer to proving our innovative rare earth recovery technology is ready for commercial applications.”