Saturday, September 14, 2019 1:22:17 PM
Here's the real reason $QRMLF is ramping up...
Excerpts from some recent articles ---
U.S. Dependence on China's Rare Earth: Trade War Vulnerability [1]
RARE EARTH elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites, and lasers.
Rising tensions between the United States and China have sparked concerns that Beijing could use its dominant position as a supplier of rare earths for leverage in the trade war between the two global economic powers.
China supplied 80% of the rare earths imported by the United States from 2014 to 2017.
...
The U.S. Commerce Department earlier in June recommended the United States take urgent steps to boost domestic rare earth production, warning that a halt in Chinese supplies could disrupt global supply chains.
...
The U.S. Defense Department is also seeking federal funds to increase domestic rare earth production. Senators in May introduced legislation to encourage the sector's development.
Pentagon in Talks with Australia on Rare Earths Plant [2]
The U.S. Department of Defense is in talks with Australia to host a facility that would process rare earth minerals, part of an effort to reduce reliance on China for the specialized materials used in military equipment, a senior American official said.
...
“We’re concerned about any fragility in the supply chain and especially where an adversary controls the supply,” Ellen Lord, the Pentagon’s undersecretary of defense for acquisition and sustainment...
...
The Pentagon update came after the U.S. said earlier this year that it would look to Australia and Canada to develop rare earths reserves around the world to reduce the global reliance on China.
...
Australia’s Lynas Corp is the world’s largest rare earths miner and processor outside of China and plans to have an initial processing plant up within the next four years as well as developing a plant in Texas.
...
Rare earth minerals need to be processed after they are extracted from the ground. There is only one operational rare earths mine in the United States, though the country has no processing facilities.
====
...and now we find out that Quest just secured a patent for... what?... rare earth ore processing!
ALSO: Check out the Rare Earths Index (REMX)... it's been on a tear... now breaking above the 50MA.
Everything's coming together for the perfect storm!
$QRMLF getting ready to explode!
Grab your shares while they're still cheap!
[Sources]
[1] https://money.usnews.com/investing/news/articles/2019-06-27/us-dependence-on-chinas-rare-earth-trade-war-vulnerability
[2] https://in.reuters.com/article/usa-rareearths-australia-idINKCN1VI078
[3] https://www.cpecn.com/news/quest-obtains-international-patent-for-its-selective-thermal-sulphation-process/
Excerpts from some recent articles ---
U.S. Dependence on China's Rare Earth: Trade War Vulnerability [1]
RARE EARTH elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites, and lasers.
Rising tensions between the United States and China have sparked concerns that Beijing could use its dominant position as a supplier of rare earths for leverage in the trade war between the two global economic powers.
China supplied 80% of the rare earths imported by the United States from 2014 to 2017.
...
The U.S. Commerce Department earlier in June recommended the United States take urgent steps to boost domestic rare earth production, warning that a halt in Chinese supplies could disrupt global supply chains.
...
The U.S. Defense Department is also seeking federal funds to increase domestic rare earth production. Senators in May introduced legislation to encourage the sector's development.
Pentagon in Talks with Australia on Rare Earths Plant [2]
The U.S. Department of Defense is in talks with Australia to host a facility that would process rare earth minerals, part of an effort to reduce reliance on China for the specialized materials used in military equipment, a senior American official said.
...
“We’re concerned about any fragility in the supply chain and especially where an adversary controls the supply,” Ellen Lord, the Pentagon’s undersecretary of defense for acquisition and sustainment...
...
The Pentagon update came after the U.S. said earlier this year that it would look to Australia and Canada to develop rare earths reserves around the world to reduce the global reliance on China.
...
Australia’s Lynas Corp is the world’s largest rare earths miner and processor outside of China and plans to have an initial processing plant up within the next four years as well as developing a plant in Texas.
...
Rare earth minerals need to be processed after they are extracted from the ground. There is only one operational rare earths mine in the United States, though the country has no processing facilities.
====
...and now we find out that Quest just secured a patent for... what?... rare earth ore processing!
ALSO: Check out the Rare Earths Index (REMX)... it's been on a tear... now breaking above the 50MA.
Everything's coming together for the perfect storm!
$QRMLF getting ready to explode!
Grab your shares while they're still cheap!
[Sources]
[1] https://money.usnews.com/investing/news/articles/2019-06-27/us-dependence-on-chinas-rare-earth-trade-war-vulnerability
[2] https://in.reuters.com/article/usa-rareearths-australia-idINKCN1VI078
[3] https://www.cpecn.com/news/quest-obtains-international-patent-for-its-selective-thermal-sulphation-process/
All posts offered as my .0002¢ --- Take them for what they're worth.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
