Innovation Metals Corp. Provides Market Commentary on Recent Rare-Earth Industry Developments
Company”) is pleased to provide the following commentary on recent notable developments in the rare-earth elements (“ REEs”) industry, in particular, as it pertains to the United States and allied nations. The increasing trade tensions between the People’s Republic of China (“ China”) and the USA, in addition to China’s strong economic growth and resultant increased internal demand for REEs, has reintroduced the urgent need for a complete US domestic REE supply chain into the US national conversation. On February 18, 2021, CNBC 1 reported that the White House announced that it i...