Did you know that the U.S. Department of Defense is committing millions of dollars to bring rare earth manufacturing back to the United States, which makes this the most aggressive U.S. government intervention into the rare earths market in history?
Aware of the increasing prioritization to secure the supply of 35 recognized critical materials by the U.S. Government, COVID-19 (the coronavirus) has kicked the sourcing mandate into overdrive. What was as one investor described as a “five minutes to midnight” scenario for savvy investors, has evolved into a reprioritization from the industry to the development and buildout of a critical materials supply chain, the clock is ticking…
The Technology Metals Show addresses 3-priorities that must now be set in the race for critical materials:
1. The identification and prioritization of the individual critical materials necessary for our economic health;
2. What steps are required to establish supply chains of enough of these critical materials to achieve a secure, readily accessible supply of critical materials for the consumer products’ industry as well as the defense industry; and,
3. How we secure the skilled and experienced professionals (managers, engineers, and scientists) to implement and maintain total domestic supply chains for critical materials and the products they enable.
Lead by Detroit-based critical materials expert and U.S. Government consultant Jack Lifton in regular conversations with critical materials’ leaders, along with investment banker Tracy Weslosky who follows our capital market drivers — the Technology Metals Show is committed to providing regular updates for industry and investors as we track these 35 qualified critical materials and the supply chains we need to achieve sustainability.
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