Member Info for Sticksandstocks

Mid-afternoon action looking good so far...

Longinthetooth1 needs enough water to fill Windermere to power his AI ramps!

I can only imagine the state of his prompts 'NO NEGATIVITY' 😂

And this is me speaking as a holder! Jeez Louise.

The environmental impact (or lack thereof) of HyProMag produced magnets has been well discussed here @tuck, if you search around you will find Myles and many others have discussed it. It's true that it may be worth reiterating though for newcomers and as a reminder of what this incredible tech can do. The amazing thing about HyProMag is whichever way you spin it - profit margin, environmental impact, critical mineral security, ability to scale - this technology always comes out on top.

Worth pointing out in the interests of transparency that Peter Epstein is (or at least was but likely still is) employed by Cotec for investor relations. So treat what he writes as company PR. Company PR is still a good thing though!

I agree esduk! And if people had sense MKA would be moving up in price accordingly now, too. This tells us whatever is going on with MKA today is not related to macro news or news coming out of the company (which is all extremely positive) which means it is manipulation/trading/sentiment call it what you will.

I've seen quite a few people mention they are selling/trimming everywhere except in rare earths right now.

USAR 10% up in 5 minutes.

MP Materials and USAR shooting straight up on open.

Taken from LinkedIn I see biffa. What an awesome final paragraph, sums it all up very succinctly.

I keep coming back to that mic drop line from JT in the previous call.

"The US Government has told us to go big and go fast."

What can we take from this except "go big go fast - and we'll help you on the way."

Happy weekend all.

This is the last reply you're getting from me on the subject. *You* thought you could ask an LLM to give you an assessment of a Zoom call that was *in progress*, about a project that Cotec *are not involved in*?

Someone is crazy in that situation, and it's not the AI.

AI or otherwise it's nonsense as I'm watching as he's made zero mention of anything other than Cotec projects (mainly HyProMag). You're only embarrassing yourself now.

Note: don't ask ChatGPT to try and dig you out of a hole you've made for yourself - it can be prone to hallucinations!

That got me looking at press releases around the EU's critical minerals plans, and a few lines from the below article jump out:

"The EU will invest 3 billion euros ($3.50 billion) over the next year to fast-track projects that could cut reliance on a single country by up to 50% by 2029, according to the plan."

"A new European Critical Raw Materials Centre will launch in 2026.

"It will have three main tasks: monitoring and assessing needs, joint purchasing on behalf of Member States, and stockpiling and delivery as required," Commission Executive Vice President Sejourne told a press conference.

The first round of joint buying will start in March 2026 via a matchmaking platform."

SPAC delays down to these stockpiling arrangements being finalised? With both Songwe and Pulawy well on the EU's radar it seems extremely likely doesn't it?

https://www.reuters.com/world/china/eu-introduce-export-restrictions-rare-earth-magnet-waste-early-2026-2025-12-03/

Sounds like a great question to submit for the Q&A element on Friday, esduk.

I have to say I'm not very well versed on the feedstock side of things, apart from following updates in the RNSs. It's definitely good to be aware of where threats might come from though. Appreciate the response!

That's fair esduk. I'm feeling giddy today though so let me fire a few things back!

- Right now one of our major competitors in the US already has a price floor in place only for its magnets. I'd suggest everyone including us having the same price floor is better than one competitor only.

- With the way the price of neodymium is going the market price (which as we know is also manipulated but let's go with 'market price' for ease) is going to overtake the price floor organically anyway. I appreciate that if the price sky rockets to 10x from here then we'll get a lot of competition in the space, however I think the price of Nd going up is positive.

- How much competition can realistically come online in a timeframe that will threaten our business case? Existing companies may pump more money into their infrastructure but from what I understand there will be plenty of room for plenty of manufacturers with demand growing. We are well on our way to production already.

- Further to that point, if Chinese imports are going to be fully locked out of Western markets then the West will need all the magnet producers they can get hold of.

- We've got the greenest, cheapest, fastest to produce magnets in the world. Bring on the competition 😎

Amazing news today coming from Birmingham and exactly what we need to hear.

But I can't stop thinking about that press release from the White House yesterday. I might be wrong but it feels like that was the driver of the late afternoon price action and the Canada pump. MP Materials and USAR also up.

It directly mentioned rare earth magnets and price floors. As the lowest cost magnet producer in the world, hypromag will be the largest beneficiary of any price floors placed on rare earth magnets. And with the magnets being produced in the US, we can only get further beneficial treatment.

News rich period indeed!

Very nice. Specific naming of rare earth magnets and price floors across the board by the US President. What a year we have in store.

Neither a threat nor an opportunity. If these iron nitride magnets were to replace all NdFe magnets then we'd know about it.

ChatGPT's (with memory turned off) take on which companies likely involved in South Korea/UK recycled critical minerals talks:

"2) Rare earth magnet recycling (Nd, Dy, Tb — and related REEs)

This is the loop most directly tied to the G7 “rare earth dependence” framing.

Key technologies

Short-loop / hydrogen-assisted recycling (instead of full chemical separation): hydrogen-based processes can extract NdFeB magnet powder from end-of-life components using HPMS-type approaches.

The literature also highlights the importance of automated sorting/disassembly and design-for-recycling to make magnet recovery economical at scale.

Representative company/technology:

HyProMag (UK/EU): explicitly commercializing HPMS (Hydrogen Processing of Magnet Scrap) licensed from the University of Birmingham to extract NdFeB magnets (e.g., from HDDs) and return alloy/powder back into the magnet supply chain.)"

As an aside, less than a year ago it was difficult to get ChatGPT to even recognise HyProMag's existence. So it's good to see HyProMag's name appear so regularly without any prompt engineering to make it happen.