Rare Earth Exchanges™

𝗨.𝗦. 𝗘𝗩 𝘀𝗮𝗹𝗲𝘀 𝗳𝗲𝗹𝗹 𝟮𝟴% 𝗶𝗻 𝗤𝟭 𝟮𝟬𝟮𝟲 Federal tax credits removed Market share dropped to 𝟱.𝟴% EVs are the largest driver of 𝗡𝗱𝗙𝗲𝗕 𝗺𝗮𝗴𝗻𝗲𝘁 demand Without EV-scale adoption, America's rare earth supply chain loses economic justification Defense and wind provide baseline demand. But they can't sustain commercial-scale supply chains 𝗧𝗵𝗲 𝗽𝗿𝗼𝗯𝗹𝗲𝗺: rare earths aren't just mining They're a demand equation 𝗪𝗶𝘁𝗵𝗼𝘂𝘁 𝗘𝗩 𝗴𝗿𝗼𝘄𝘁𝗵, projects shift from market-driven to policy-supported strategic capacity No EV boom = no commercial rare earth industry Link in the comments 👇 #EVs #RareEarths #SupplyChain #Magnets #CriticalMinerals

🎙️ 𝗥𝗮𝗿𝗲 𝗘𝗮𝗿𝘁𝗵 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲𝘀 – 𝗦𝟮 𝗘𝟲𝟮 We're joined by David Wilcox, Executive Chairman at Evolution Metals & Technologies Corp., to discuss 𝘄𝗵𝘆 𝗿𝗲𝗰𝘆𝗰𝗹𝗶𝗻𝗴 𝗶𝘀 𝘁𝗵𝗲 𝗼𝗻𝗹𝘆 𝗻𝗲𝗮𝗿-𝘁𝗲𝗿𝗺 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝘁𝗼 𝘁𝗵𝗲 𝗿𝗮𝗿𝗲 𝗲𝗮𝗿𝘁𝗵 𝗰𝗿𝗶𝘀𝗶𝘀. David saw it coming 10+ years ago, watching China super sack materials from Africa. His insight: "𝟵𝟴% of the world's 𝗰𝗼𝗽𝗽𝗲𝗿 ever mined is still in circulation. Why aren't we doing that with magnets?" EMT isn't a mining company. They're 𝗺𝗶𝗱𝘀𝘁𝗿𝗲𝗮𝗺 processors and 𝗱𝗼𝘄𝗻𝘀𝘁𝗿𝗲𝗮𝗺 𝗺𝗮𝗴𝗻𝗲𝘁 producers with commercial operations running TODAY in Korea. They're building the l𝗮𝗿𝗴𝗲𝘀𝘁 𝘂𝗿𝗯𝗮𝗻 𝗿𝗲𝗰𝘆𝗰𝗹𝗶𝗻𝗴 𝗳𝗮𝗰𝗶𝗹𝗶𝘁𝘆 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗦, targeting 20,000 tons of magnet throughput by 2027. Their feedstock?  End-of-life motors from washing machines, refrigerators, e-waste Watch the full episode - https://lnkd.in/g3HSDmrU #RareEarths #CriticalMinerals #Recycling #Magnets #CircularEconomy #SupplyChain #UrbanMining #Manufacturing

𝗥𝗮𝗿𝗲 𝗘𝗮𝗿𝘁𝗵 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗗𝗲𝗮𝗹𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 | 𝗠𝗮𝗿𝗰𝗵 𝟮𝟯–𝟮𝟴, 𝟮𝟬𝟮𝟲 This week's ex-China rare earth transactions were centered on metal-making, refining, and magnet capacity. 𝗟𝘆𝗻𝗮𝘀 𝗥𝗮𝗿𝗲 𝗘𝗮𝗿𝘁𝗵𝘀 / 𝗟𝗦 𝗘𝗰𝗼 𝗘𝗻𝗲𝗿𝗴𝘆 Lynas Rare Earths and LS Eco Energy signed a framework agreement to develop rare earth metal-making capacity in Vietnam, initially focused on samarium. The companies also agreed to cross-subscribe roughly A$30 million each in convertible instruments. Lynas Rare Earths 𝗩𝘂𝗹𝗰𝗮𝗻 𝗘𝗹𝗲𝗺𝗲𝗻𝘁𝘀 Vulcan Elements received a conditional $620 million U.S. government loan commitment, plus warrants and a $50 million equity position, tied to domestic magnet capacity. Vulcan Elements 𝗥𝗲𝗘𝗹𝗲𝗺𝗲𝗻𝘁 ReElement received a conditional $80 million U.S. government loan commitment backing its Indiana refining hub. ReElement Technologies 𝗧𝗵𝗲 𝘀𝗶𝗴𝗻𝗮𝗹: ex-China supply chains are being built through partnerships and public capital aimed at downstream bottlenecks. Access the full article via REEx subscription: https://lnkd.in/eAfVnz9Q

𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗼𝗻 𝗵𝗮𝘀 𝗮 𝗺𝗶𝗻𝗲𝗿𝗮𝗹 𝗽𝗿𝗼𝗯𝗹𝗲𝗺 Every autonomous tractor, ag drone, and field robot runs on magnets and batteries China controls 𝟵𝟬% of magnet production and 𝟴𝟬%+ of battery materials April 2025 export controls already triggered price gaps 𝗛𝗶𝗴𝗵𝗲𝘀𝘁 𝗿𝗶𝘀𝗸 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀? Magnet-dense drones and compact robots Companies like John Deere, DJI, CNH, and AGCO Corporation-corporation face concentrated supply chain exposure Mitigation exists but it's thin 𝗧𝗵𝗲 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀: What's your magnet sourcing tier? Your Dy/Tb strategy? Your inventory buffer? 𝗔𝘂𝘁𝗼𝗻𝗼𝗺𝘆 𝗶𝘀 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗳𝗮𝗿𝗺𝗶𝗻𝗴 But the minerals powering autonomy are controlled by one country Link in the comments 👇 #Agriculture #Automation #RareEarths #SupplyChain #Magnets #AgTech #CriticalMinerals

🎙️ 𝗥𝗮𝗿𝗲 𝗘𝗮𝗿𝘁𝗵 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲𝘀 – 𝗦𝟮 𝗘𝟲𝟭 We're joined by Katie Ullmann Durham, CEO of Supra Elemental Recovery, to discuss 𝗵𝗼𝘄 𝘀𝘂𝗽𝗿𝗮𝗺𝗼𝗹𝗲𝗰𝘂𝗹𝗮𝗿 ���𝗵𝗲𝗺𝗶𝘀𝘁𝗿𝘆 𝗳𝗼𝗿 𝗰𝗮𝗻𝗰𝗲𝗿 𝗱𝗿𝘂𝗴𝘀 𝗶𝘀 𝗻𝗼𝘄 𝘀𝗼𝗹𝘃𝗶𝗻𝗴 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗺𝗶𝗻𝗲𝗿𝗮𝗹 𝗿𝗲𝗰𝘆𝗰𝗹𝗶𝗻𝗴. The University of Texas at Austin spinoff is now testing real-world feedstocks and building a 4,000 sq ft facility to develop commercial flow sheets. Katie's approach: "𝗗𝗼𝗻'𝘁 𝗰𝗼𝗺𝗺𝗶𝘁 𝘁𝗼 𝗮 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗺𝗼𝗱𝗲𝗹 𝘁𝗼𝗼 𝗲𝗮𝗿𝗹𝘆—𝗹𝗲𝘁 𝘁𝗵𝗲 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗹𝗲𝗮𝗱 𝘆𝗼𝘂 𝘁𝗼 𝘄𝗵𝗲𝗿𝗲 𝗶𝘁 𝗰𝗿𝗲𝗮𝘁𝗲𝘀 𝗺𝗮𝘅𝗶𝗺𝘂𝗺 𝘃𝗮𝗹𝘂𝗲." Watch the full episode, link below 👇 #CriticalMinerals #Recycling #CleanTech #Innovation #Startup #CircularEconomy #Mining #Sustainability

Energy Fuels Inc Fuels produced 𝟭 𝗸𝗴 𝗼𝗳 𝟵𝟵.𝟵% terbium oxide at White Mesa, Utah Heavy rare earths that power defense #magnets, #drones, #EVs Mining isn't the bottleneck 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 𝗶𝘀 China dominates rare earth separation globally This proves U.S. capability 𝗕𝗨𝗧... Proof of concept ≠ commercial viability Current: 𝟭 𝗸𝗴/week pilot Commercial expansion: 𝟮𝟬𝟮𝟳-𝟮𝟬𝟮𝟵 Real 𝗽𝗿𝗼𝗴𝗿𝗲𝘀𝘀, but the buildout story just started. Link in the comments 👇 #RareEarths #HeavyRareEarths #Processing #SupplyChain #CriticalMinerals

𝗜𝗻𝗱𝗶𝗮 𝗶𝘀𝘀𝘂𝗲𝗱 𝗮𝗻 𝗥𝗙𝗣 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝗡𝗱𝗙𝗲𝗕 𝗺𝗮𝗴𝗻𝗲𝘁 𝗽𝗹𝗮𝗻𝘁𝘀 𝗧𝗮𝗿𝗴𝗲𝘁: 6,000 tonnes annual capacity across five plants 𝗜𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀: up to $170m per project 𝗧𝗵𝗲 𝗴𝗼𝗮𝗹: close the gap between oxide production and finished magnets 𝗜𝗻𝗱𝗶𝗮 𝗿𝗲𝗳𝗶𝗻𝗲𝘀 𝗿𝗮𝗿𝗲 𝗲𝗮𝗿𝘁𝗵𝘀 𝗯𝘂𝘁 𝗶𝗺𝗽𝗼𝗿𝘁𝘀 𝗺𝗮𝗴𝗻𝗲𝘁𝘀 This scheme keeps value at home The constraint? Domestic oxide covers only 1,500 MTPA Target is 6,000 MTPA 𝗧𝗵𝗮𝘁 𝗴𝗮𝗽 𝗹𝗶𝗸𝗲𝗹𝘆 𝗺𝗲𝗮𝗻𝘀 𝗶𝗺𝗽𝗼𝗿𝘁𝘀 𝗳𝗿𝗼𝗺 𝗖𝗵𝗶𝗻𝗮 Winners need process expertise and feedstock strategy Capital builds factories fast Supply chains take longer Link in the comments 👇 #RareEarths #India #Magnets #SupplyChain #CriticalMinerals #NdFeB

𝗗𝗿𝗼𝗻𝗲 𝘄𝗮𝗿𝗳𝗮𝗿𝗲 𝗶𝘀 𝗰𝗼𝗻𝘀𝘂𝗺𝗶𝗻𝗴 𝗿𝗮𝗿𝗲 𝗲𝗮𝗿𝘁𝗵 𝗺𝗮𝗴𝗻𝗲𝘁𝘀 𝗮𝘁 𝘀𝗰𝗮𝗹𝗲 𝗨𝗸𝗿𝗮𝗶𝗻𝗲: 9,000 FPV drones per day in 2026. 𝗥𝘂𝘀𝘀𝗶𝗮: scaling to 1,000 Shahed drones per day. Each FPV uses 0.1–0.5 kg of NdFeB magnets. Projected consumption: 𝟱𝟳𝟲 𝘁𝗼𝗻𝗻𝗲𝘀/𝘆𝗲𝗮𝗿 by 2027 for Ukraine's fleet alone. Where do these magnets come from? 𝗖𝗵𝗶𝗻𝗮 𝗰𝗼𝗻𝘁𝗿𝗼𝗹𝘀 𝟵𝟬%+ of global NdFeB processing. This isn't economics. It's 𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆. The side that secures rare earth supply controls tomorrow's battlefield. #RareEarths #Defense #Ukraine #Drones #SupplyChain #CriticalMinerals #NdFeB

𝗦𝗮𝗺𝗮𝗿𝗶𝘂𝗺 𝗿𝗮𝗻𝗸𝘀 #𝟭 𝗳𝗼𝗿 𝗚𝗗𝗣 𝗶𝗺𝗽𝗮𝗰𝘁 𝘂𝗻𝗱𝗲𝗿 𝘀𝘂𝗽𝗽𝗹𝘆 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝗼𝗻 Not scarce Not expensive Yet Defense Logistics Agency is stockpiling 60 metric tons 𝗦𝗮𝗺𝗮𝗿𝗶𝘂𝗺-𝗰𝗼𝗯𝗮𝗹𝘁 𝗺𝗮𝗴𝗻𝗲𝘁𝘀 power guided missiles, satellites, jet engines A single F-35 contains tens of pounds China controls 𝟵𝟬%+ of refining and 𝟵𝟱%+ of magnet manufacturing Lynas Rare Earths Ltd produced first samarium oxide outside China Progress, but oxide ≠ independence The bottleneck is 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴, not geology 𝗨𝗻𝘁𝗶𝗹 𝘁𝗵𝗲 𝗪𝗲𝘀𝘁 𝗯𝘂𝗶𝗹𝗱𝘀 𝘀𝗲𝗽𝗮𝗿𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗺𝗮𝗴𝗻𝗲𝘁 𝗰𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗮𝘁 𝘀𝗰𝗮𝗹𝗲, samarium remains a single point of failure in weapons systems 🚨 Full article here: https://lnkd.in/e5ymXm-v #RareEarths #Defense #Samarium #SupplyChain #CriticalMinerals #NationalSecurity

𝗖𝗵𝗶𝗻𝗮'𝘀 𝗲𝘅𝗽𝗼𝗿𝘁 𝗰𝗼𝗻𝘁𝗿𝗼𝗹𝘀 𝗰𝗿𝗮𝘀𝗵𝗲𝗱 𝘆𝘁𝘁𝗿𝗶𝘂𝗺 𝘀𝘂𝗽𝗽𝗹𝘆 Shipments collapsed from 𝟯𝟯𝟯 tons to 𝟭𝟳 tons year-over-year #Yttrium enables thermal barrier coatings for jet turbines #Scandium underpins 5G #semiconductor architectures Low-volume materials with zero tolerance for disruption This is 𝗺𝗶𝗱𝘀𝘁𝗿𝗲𝗮𝗺 𝘄𝗲𝗮𝗽𝗼𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗖𝗵𝗶𝗻𝗮 𝗰𝗼𝗻𝘁𝗿𝗼𝗹𝘀 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 𝗳𝗼𝗿 𝗼𝘅𝗶𝗱𝗲𝘀, 𝗮𝗹𝗹𝗼𝘆𝘀, 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗼𝘂𝗻𝗱𝘀. Until the West builds capacity, invisible shortages remain the most dangerous kind. Link in the comments 👇 #RareEarths #CriticalMinerals #Yttrium #Scandium #SupplyChain #Aerospace