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Watts Watt

01/25/20 2:02 PM

#206 RE: Svatman #194

I am quite aware of Eutectix. Materion contracted with them to manufacture bulk metallic glasses...even sent their employee Jason to manage the operation.

Can't believe how Professor Lugee Li burnt all the bridges that LQMT had made with Materion and Eutechtix and Heraeus. Seems that they would have been good partners for European markets, in particular.

Now with the US government seeking rare earth independence from China, it makes you wonder why Lugee Li deep-sixed the US operation.

I suspect that the US government will seek to ban imports of rare earts from China down the road, so it seems a little counterintuitive to shelve the US operation in Lake Forest, California.

Materion probably has some insight...perhaps they are even seeking to prevent Eontecs exports of product to the USA. This would benefit their partnership with the US government, which will most likely, as they have in the past, partner with Materion and subsidize some of their future mining of rare earths from US soil.