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There are possibilities here Lynas trying but failing to acquire MP and Energy Fuels hungrily after REE projects
'With supportive US government policies, and US and European companies increasingly focused on security of supply, Energy Fuels is rapidly creating a new significant REE supply chain that can reduce America’s reliance on REEs from China. As part of this strategy, the company is actively securing long-term sources of REEC through offtake (Chemours), joint venture (Astron), and direct ownership (the company’s 100% owned Bahia Project in Brazil). Through these assets and potentially others, Energy Fuels is building a world significant REE oxide supply chain that the company believes will be attractive to EV manufacturers and their Tier 1 suppliers.
Mark S. Chalmers, President and CEO of Energy Fuels stated:
“Energy Fuels is working to secure future large-scale in-situ rare earth element projects around the world, which we expect to become low-cost sources of feed to supply our US-centric REE supply chain in the coming years. Earlier in 2023, we acquired the Bahia Project in Brazil, and now we are working toward partnering with Astron on the Donald Project in Australia. Energy Fuels’ goal is to source monazite from the US and around the world and become a reliable, globally diversified, multi-decade supplier of US-produced magnet REE oxides to EV manufactures and other end-users. Our announcement today should help people ‘connect-the-dots’ to better understand the magnitude of our burgeoning REE business strategy. We are earning into an essentially ‘de-risked’ heavy mineral sand project that is in Australia, has many years of detailed resource and project evaluation, and has all the main regulatory approvals in place or well-advanced.'
And then look who is in Singapore in April with Energy Fuels inc
https://metalevents.com/asian-rare-earths-conference
Going bust ? nah not yet :)
just tp make it easier :)
'session 2:
14:00hrs a presentation by mark chalmers, president & ceo, energy fuels inc, usa;
14:30hrs “mkango / hypromag – raw materials and recycling solutions for the ndfeb magnet market”, by will dawes, ceo, mkango resources, uk;
15:00hrs a presentation by peter sherrington, chief financial officer, arafura resources, australia;
15:30hrs – 15:30hrs panel discussion
17:00hrs – 19:00hrs ****tail reception for all attendees kindly sponsored by energy fuels inc., usa'
all attendees are kindly sponsored by energy fuels .... ****tails on them eh, and i wonder anything else?
I'm not saying anything is coming from this but Mark Chambers who is going to be pouring our Wills drinks in Singapore :
'Mark Chalmers is President and CEO of Energy Fuels, bringing a wealth of experience in mining and mineral processing to his position. Prior to his promotion to CEO in 2018, he served as President and Chief Operating Officer (COO) of Energy Fuels.
Prior to Energy Fuels, Mr. Chalmers was the Executive General Manager of Production for Paladin Energy Ltd. where he successfully managed the Langer Heinrich (Namibia) and Kayelekera mines (Malawi) and achieved significant increases in production levels while reducing operating costs.
Mr. Chalmers is an expert in in situ recovery (ISR) uranium production, having managed both the Beverley Uranium Mine owned by General Atomics (Australia) and the Highland mine owned by Cameco Corporation (USA). Additionally, he has consulted several key industry leaders in the uranium supply sector, including BHP, Rio Tinto, and Marubeni.
Mr. Chalmers holds a Bachelor of Science in mining engineering from the University of Arizona, is a registered professional engineer and served as the Chair of the Australian Uranium Council for ten years. Holding dual citizenship in the U.S. and Australia, Mr. Chalmers resides in Lakewood, Colorado with his wife while his two adult daughters live in Australia.'
Worth noting.... Mkango has Utanium plays in Malawi too... not to mention the much downplayed for some unknown reason Rutile resource that could rival or exceed SVM's
No way he was exec for Paladin!
I’m sure they will get on very well, was not aware at all he was involved in Paladin… wonder if he would be interested in venturing back into Malawi
Not too sure Malawians would be overjoyed though paladin was a bad experience for them...we'll play that part of his bio down😅
Decent posts from after hours and at the weekend, thanks crumbs for the detective work and stebol for the decent synopsis of MKA BoD and their comms. Agree wholeheartedly.