Rare Earth Elements and Green Technology – Stocks Mentioned: $DEFN.V $DFMTF $LYSCF $AREC $TMRC $NB.TO $NIOBF

Renewable energy stocks

The future of our green energy technology lies in its mining

Defense Metals Corp. (TSX:DEFN.V)

VANCOUVER, BC, CANADA, Sept. 8, 2022 /EINPresswire.com/ — Investorideas.com, a leading source of information for investors covering mining and rare earth element stocks, releases a special report on the rare earth element market and global demand for green energy technology, including defense, electronics and batteries, with Defense Metals Corp. (TSX-V: DEFN) (OTCQB: DFMTF).

Read this article, featuring DEFN in its entirety at https://www.investorideas.com/news/2022/mining/09081REE-Green-Stocks.asp

According to the “Rare Earth Metals Global Market Report 2022” by The Business Research Company, the rare earth metals market size is expected to grow from $5.72 billion in 2021 to $6.53 billion in 2022 at a rate of compound annual growth (CAGR) of 14.1%. The global rare earth metals market share is expected to reach $9.65 billion in 2026 with a CAGR of 10.3%.According to rare earth metals market analysis, an increase in demand for electronics is expected to serve as a major market driver in the forecast period.

Defense Metals Corp. (TSX-V:DEFN) (OTCQB:DFMTF) is a mining exploration and development company focused on the acquisition, exploration and development of mineral deposits containing metals and elements commonly used in the mining market. electric power, the defense industry, the security sector and in the production of green energy technologies, such as the rare-earth magnets used in wind turbines and in the permanent magnet motors of electric vehicles.

Defense Metals recently announced that it has entered into a mineral exploration agreement with the McLeod Lake Indian Band for its Wicheeda Rare Earth Element exploration project located 80 kilometers northeast of Prince George, Canada.

The agreement addresses the immediate interests of the parties with respect to mineral exploration activities related to the project and establishes a framework for communication and cooperation for the future. In addition to providing the McLeod Lake Indian Band with meaningful input into how these activities should proceed, the agreement provides current economic opportunities for the community and sets a roadmap for possible future commercial involvement as exploration activities are progressing.

“We are delighted that the McLeod Lake Indian Band has committed to Defense Metals and the opportunities presented by the Wicheeda exploration project,” said Craig Taylor, CEO of Defense. “We look forward to establishing a long-term, mutually beneficial relationship with the McLeod Lake Indian Band through the implementation of this initial agreement.

“McLeod Lake Indian Band has always been open to working with companies that respect our rights, laws and interests in protecting our lands, and that provide meaningful economic and business opportunities to our community,” said the Chief Harley Chingee. “We are therefore delighted to have entered into this initial agreement with Defense Metals and look forward to its successful implementation.”

The Wicheeda REE project produced a robust 2021 PEA that demonstrated an after-tax net present value ([email protected]%) of $517 million and an IRR of 18%. A unique benefit of the Wicheeda REE project is the production of marketable high quality flotation concentrate. The PEA envisions surface mining at 1.8 Mtpa (million tonnes per annum) with a stripping ratio of 1.75:1 (waste:mill feed) over a mine life ( project) of 19 years producing and an average of 25,423 tonnes of ORR per year. An initial pit phase 1 stripping ratio of 0.63:1 (waste:mill feed) would provide rapid access to higher grade surface mineralization in the first year and a return to investment of 440 million dollars in 5 years.

Earlier in June, Texas Mineral Resources Corp. (OTCQB: TMRC), an exploration company currently targeting heavy rare earths, technology metals and a variety of industrial minerals, primarily through its 20% interest in the Round Top Mountain project in Texas, announced that its partner joint venture USA Rare Earth Inc. announced the acquisition and development of the first fully integrated rare earth metal and sintered neomagnet manufacturing facility in the United States, located in Stillwater, Oklahoma.

Lynas Rare Earths (OTC:LYSCF) (ASX:LYC) has been established as an ethical and environmentally friendly producer of rare earth materials and is the world’s only significant producer of separated rare earth materials outside of the China.

The Lynas Mt. Weld mine in Western Australia is recognized as one of the world’s premier rare earth deposits.

The Company has just announced the signing of agreements with Japan Australia Rare Earths BV) which reconfirm our common commitment to work together on future development opportunities.

NioCorp Developments Ltd. (TSX: NB) (OTCQX: NIOBF), another industry player announced this week that its demonstration processing plant in Quebec, Canada, is now processing ore samples from the company’s Elk Creek Critical Minerals project. The Demonstration Plant Project is intended to demonstrate that the Company can extract and separate rare earth elements from the ore that NioCorp plans to extract from the project site, subject to receipt of the necessary project financing, and that its streamlined potential production of niobium, scandium, and titanium is technically and economically feasible.

American Resources Corporation (NASDAQ:AREC), a next-generation and socially responsible provider of rare earths and critical elements, carbon and advanced carbonaceous materials for the new infrastructure and electrification market, announced in late August that it had sold its exclusive patent rights in carbon nanostructure and graphene technology to Novusterra Inc. for $16 million paid in all Novusterra Class A common stock.

As we see more rare earth mining development announcements and these companies begin to achieve profitability, we also see investor sentiment gaining long-term resilience as this market moves from a hypothetical state. to reality in our modern lives. If we want technology to progress hand in hand with a green future, the rare earth element sector will play a vital role.

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