Search Minerals Inc. (SHCMF)

[Middleborder]

Chico237; Great article, as always thanks for posting!

It presents a good example of an Educational institution that trains people in skilled trades or engineering to support REE Supply chains. (And in this case provides rapid analysis of coring samples!)

This article discusses the need not just to acquire REEs, but developing and supporting the entire supply chain needed to produce them.


https://federalnewsnetwork.com/defense-main/2021/07/house-task-force-pushes-pentagon-to-wean-itself-of-chinese-sources/

Snip... "The task force is offering a distinct recommendation for rare earth elements, according to the draft, by requiring the Pentagon to work closely with the departments of Energy and Interior on rare earths research and development.

The task force further addresses the decline in manufacturing and associated trade skills, as it warns any work on supply chain resiliency “will falter” without a workforce plan. The task force is recommending a requirement for the Pentagon to set up a “coalition among industry groups representing defense industrial base contractors, education partners, organizations providing workforce training and development, and other federal partners to focus on career development within manufacturing fields and other areas necessary to secure critical supply chains.”

“You can have a very resilient supply chain for stuff, but if you don’t have skilled trades that can actually work and put things together, particularly here, it’s a limiting factor on the supply chain,” Slotkin said.

The group also wants to bring U.S. allies into the fold by raising the stature of the National Technology and Industrial Base (NTIB), according to the draft report. The NTIB includes dual-use research and development activities in the United States, Canada, the United Kingdom and Australia.

The draft includes a recommendation to “emphasize the value of broad collaboration” with NTIB allies, expanding it beyond acquisition to serve as “a test bed for closer international cooperation and supply chain resiliency.” The proposal would also urge DoD to “harmonize” supply chain policies with the NTIB countries."

I look forward to Search Minerals benefiting both from this and Canadian Government initiatives for REE mining, separation, and refining!