Economy The metal trump wants more than gold

The metal trump wants more than gold

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China has a monopoly on one of the most strategic metals in the world, and Washington is trying to change that.

Global dominance at this point in the game means control over the rare earth elements that form the backbone of existing technology and the future of technology, and while everyone is at war with oil and gas, Beijing sits on a monopoly of our most valuable strategic metals.

<p type = "text" content = "A total of 16 metals form the strategically critical rare earth elements of the world – and China controls the supply of everyone because it controls 96% of production. “data-reactid =” 13 “> A total of 16 metals form the strategically critical rare earth elements of the world – and China controls the supply of all singles because it controls 96% of the production.

It is worth up to twice as much as gold, ounce for ounce, there are only three producing mines in the world and all are controlled by China.

The only question in this game now is whether there is a chance for North America to get hold of its own new cesium to get out of under a Chinese monopoly.

<p type = "text" content = "Although there are only three cesium mines in the world, there is potential in new offerings. A Canadian small-cap explorer has called from five cesium deposits in the Canadian province of Ontario performance metals has 100% of three of them (West Joe, Tot Lake and Marko). “Data-reactid =” 17 “> Although there are only three cesium mines worldwide, there is potential in new offerings. A small cap of Canadian explorers has been called out of five cesium deposits in the Canadian province of Ontario performance metals owns 100% of three of them (West Joe, Tot Lake and Marko).

<p type = "text" content = "The company discovered pegmatites at West Joe Dyke in August 2018The company discovered the pegmatite at West Joe Dyke in August 2018 and cut six holes of high grade cesium mineralization in six holes when it targeted lithium instead. Drill holes when targeting lithium instead.

<p type = "text" content = "So the focus is now not on what has been lost for China, but on the promise of a new critical North American cesium.

How strategic is cesium?“data-reactid =” 26 “> The focus is now not on what has been lost for China, but on the promise of a new critical cesium in North America.

<p type = "text" content = "Cesium is extremely rare worldwide May 2018The U.S. Department of Interior has included lithium, cesium and tantalum in its critical mineral list. “data-reactid =” 27 “> Cesium is extremely rare worldwide. The US Department of Interior took lithium in May 2018. Cesium and tantalum are on the list of critical minerals.

The highest technological war of global dominance cannot be won without these metals. Whoever controls them has the upper hand.

<p type = "text" content = "Cesium is described by the German Institute for Strategic Metals (ISE) as “the most electropositive of all stable elements in the periodic table” and the heaviest of the stable metals. Cesium is “extremely pyrophoric, ignites spontaneously when in contact with air and explodes violently in water or ice at a temperature above -116 ° C”. “Data-reactid =” 29 “> Cesium is described by the German Institute for Strategic Metals (ISE) as” the most electropositive of all stable elements in the periodic table “and the heaviest of the stable metals. Cesium is” extremely pyrophoric, ignites on contact with air spontaneously and violently explodes at any temperature in water or ice above -116 ° C ”.

Laboratories use cesium compounds for strategic organic chemistry, including X-rays for cancer treatments.

The list of commercial and industrial applications is long and diverse, from catalyst promoters, glass amplifiers and photoelectric cell components to crystals in scintillation counters and getters in vacuum tubes.

<p type = "text" content = "A great need for cesium also comes from the Oil and gas industry, which uses cesium formate brine in drilling fluids to prevent blow-out in high-temperature wells with excess pressure. “data-reactid =” 32 “> The oil and gas industry, which uses cesium, also has a large demand for cesium. Formulate brine in drilling fluids to prevent blowing out in high-temperature wells with excess pressure.

In terms of world domination, the “cesium standard” is the key. This is the standard by which accurate, commercially available atomic clocks measure time, and is critical to the data transmission infrastructure of cellular networks, GPS, and the Internet.

That means it also has serious defense applications, including infrared detectors, optics, night vision goggles, and more.

<p type = "text" content = "At high purity levels using the 2018 price for 99.98% pure cesium metal, it is worth about $ 79 per gram – twice as much as one gram of gold renowned geologist Mickey Fulp, Most uses required 98% pure cesium, which was set at around $ 39 for 25 grams in 2018. Otherwise it is difficult to get a world market price for cesium because this strategic metal is not traded. “Data-reactid =” 35 “> At high purities using the 2018 price for 99.98% pure cesium metal, it is worth about $ 79 per gram – twice as much as a gram of gold, according to the renowned geologist Mickey Fulp most uses required 98% pure cesium. Otherwise, it is difficult to get a world market price for cesium because there is no trade in this strategic metal.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "But imagine that China could starve manufacturers of something like cesium, which would seriously disrupt US industry and hamper the development of critical military equipment, which is why this rare metal has been left out Washington’s tariff lists back and forth in the trade war. “data-reactid =” 40 “> But imagine that China could starve manufacturers of something like cesium, which would seriously disrupt the US industry and hamper the development of critical military equipment, which is why this rare metal was made in the trade war by Washington’s customs lists deleted.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "But Dr. Julie Selway, a key geologist for the Ontario Geological Survey during the tantalum boom of the early 2000s and now VP of Exploration for performance metalsAccording to the three properties the company is drilling, similar finds to those found in the strategically important Sinclair mine in Australia will be found. “data-reactid =” 41 “> But Dr. Julie Selway, a key geologist for the Ontario Geological Survey during The Tantalum Boom of the early 2000s and now Vice President of Exploration for Power Metals, states that the three properties the company is drilling , are said to have found similar to the strategically important Sinclair mine in Australia.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" You are sending your resource, what you say is higher than 10% cesium oxide, and ours have some that are between 12% and 14% cesium oxide“Selway – one of the world’s most respected pegmatite experts – told Oilprice.com.” Data-reactid = “42”> “They ship their resources, which they believe contain more than 10% cesium oxide, and ours have some that contain between 12% and 14% cesium oxide,” said Selway, one of the world’s most respected pegmatite experts – towards Oilprice.com.

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Power Metals intersected cesium (Cs) mineralization in 6 holes on West Joe Dyke, with “exceptionally high quality” Li and Ta intervals. They also found Cs mineralization in the core in the first new dike below the main dike and in the core in the northeast dike. “Data-reactid =” 43 “> Power Metals intersected the cesium (Cs) mineralization in 6 drill holes in West Joe Dyke with” exceptionally high quality “Li and Ta intervals. They also found Cs mineralization in the drill core in the first new dike below the main dike and in the core in the northeast dike.

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "How deep is China’s control?“data-reactid =” 44 “>How deep is China’s control?

China has dominated rare earths with a power in this sector that competes with OPEC for oil since the 1990s – even if it doesn’t make headlines like oil and gas.

In 2010, China reduced exports and triggered significant price spikes worldwide as these metals are critical to the tech industry.

This woke Washington from his sleep, but only slightly.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Beijing's next step, according to the Wall Street Journalwas to manipulate the market so that rare earth elements (RREs) were cheaper in China than outside the country. This caused some large manufacturers and tech industries to settle in China, where they could get supplies at a lower cost. “Data-reactid =” 48 “> Beijing’s next step according to the Wall Street Journalwas to manipulate the market so that rare earth elements (RREs) were cheaper in China than outside the country. This caused some large manufacturers and tech industries to settle in China, where they could get supplies at a lower cost.

There are only three pegmatite mines around the world that can produce cesium: one is the Tanco mine in Manitoba, the second is the Bitika mine in Zimbabwe and the third is the Sinclair mine in Australia.

Where does China fit in this picture? It controls them all beyond its own limits with few players like Power Metals and its cesium venue with three games that could question this total control.

However, Washington’s emergence from his cesium sleep was short-lived.

<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "According to Fulp in conversation with KitcoA US company essentially sold its control over cesium to Sinomine Resources of China last summer – even after the US put the metal on the critical list. Prior to this deal in June 2019, cesium production was largely controlled by Boston Cabot Corporation, who owned the Tanco mine in Manitoba, but also operates in China. This mine was decommissioned in 2015, meeting demand from inventory. “Data-reactid =” 52 “> According to Fulp in conversation with KitcoA US company essentially sold its control over cesium to Sinomine Resources of China last summer – even after the US put the metal on the critical list. Prior to this June 2019 deal, cesium production was largely controlled by the Boston-based Cabot Corporation, which owned the Tanco mine in Manitoba but also operates in China. This mine was decommissioned in 2015, meeting demand from inventory.

Tanco and Bitiki are no longer producing, but the Sinomine Resources Group has all cesium ore stocks.

This means that this playing field is not only of strategic dimensions, but is also closed.

The only company in the cesium supply chain is currently Chinese, and one of the few companies on the radar for potential commercial cesium deliveries in North America is Canadian Junior Power Metals, which aims to prove that it is critical to the fourth mineable deposit in the world metal.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Therefore in December 2019 the USA and Canada finally agreed on a strategy to reduce the need for rare earth metals mined or controlled by China.

Other companies shaking up China’s rare earth dominance:

Teck Resources (NYSE: TECK, TSX: TECK)

Teck could be one of the most diversified miners with a wide portfolio of copper, zinc, energy & nbsp; Gold, silver and molybdenum properties. Free cash flow and lower volatility prospects for base metals combined with a possible breakthrough in the trade war could drive the stock higher in the second half of this year.

Teck’s share price has stabilized over the past year and many investment banks now see the stock as undervalued. Low Canadian crude oil prices and disappointing base metal prices weighed on fourth-quarter earnings.

Despite its difficulties, Teck Resources recently received a favorable investment rating from Fitch and Moody’s and is likely to benefit from its improved score. “Investment grade ratings are very important to us and confirm the company’s strong financial position,” said Don Lindsay, President and CEO. “We are very happy about this second upgrade of our credit rating.”

Turquoise Hill Resources (NYSE: TRQ, TSX: TRQ)

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Turqouise is a Canadian mid-cap mineral exploration and development company headquartered in Vancouver, British Columbia. The focus is on the Pacific region, where several large mines are currently being developed.

The company mines a number of diversified metals / minerals including coal, gold, copper, molybdenum, silver, rhenium, uranium, lead and zinc. One of the strengths of the turquoise hill is its good relationship with the mining giant Rio Tinto.

Turquoise’s share price dropped last year, and the successful development of its world-class Oyu Tolgoi project in Mongolia is paramount to this miner’s future.

Pretium Resources (NYSE: PVG, TSX: PVG)

The impressive Canadian company is engaged in the acquisition, exploration and development of precious metal resources in America. Pretium has an impressive portfolio, and if you can catch the stock while the price is right, there may be a great chance of an upward trend. In addition, construction and engineering activities are progressing at its top location, and commercial production is planned for this year.

With the diversity of Pretium’s assets, this mining giant is a key player in the Canadian resource space. Investors know something good when they see it and have definitely taken note of this company’s ambitious and future-oriented drive.

Magna International (NYSE: MGA, TSX: MG)

Magna, headquartered in Aurora, Ontario, is a global automotive supplier that is brave and innovative – and definitely focused on the obvious future – clean transportation. A great catalyst is the development of a combined electric / hydrogen vehicle – an EV (FCREEV) with an expanded range of fuel cells. It will not (at least for the time being) produce it, but plans to use the model to demonstrate its technical and design capabilities and to manufacture elements of the electric powertrain and contract manufacturing. It is insightful, foresighted and intelligent for the shareholders.

Agnico Eagle Mines Ltd. (NYSE: AEM, TSX: AEM)

Canadian gold producer Agnico Eagle Mines is a particularly notable company for investors. Why? Between 1991 and 2010, the company paid dividends each year. With offices in Quebec, Mexico and Finland, the company also participates in exploration activities in Europe, Latin America and the United States.

While Agnico mainly focuses on gold, it made this list because it’s a prime example of sustainability and environmental awareness, and that means that everything in a world is turning away from traditional mining quickly.

By. Charles Kennedy “data-reactid =” 56 “> For this reason, the United States and Canada finally agreed on a strategy in December 2019 to reduce the need for rare earth metals mined or controlled by China.

Other companies shaking up China’s rare earth dominance:

Teck Resources (NYSE: TECK, TSX: TECK)

Teck could be one of the most diversified miners with a broad portfolio of copper, zinc, energy, gold, silver and molybdenum plants. Free cash flow and lower volatility prospects for base metals combined with a possible breakthrough in the trade war could drive the stock higher in the second half of this year.

Teck’s share price has stabilized over the past year and many investment banks now see the stock as undervalued. Low Canadian crude oil prices and disappointing base metal prices weighed on fourth-quarter earnings.

Despite its difficulties, Teck Resources recently received a favorable investment rating from Fitch and Moody’s and is likely to benefit from its improved score. “Investment grade ratings are very important to us and confirm the company’s strong financial position,” said Don Lindsay, President and CEO. “We are very happy about this second upgrade of our credit rating.”

Turquoise Hill Resources (NYSE: TRQ, TSX: TRQ)

Turqouise is a Canadian mid-cap mineral exploration and development company headquartered in Vancouver, British Columbia. The focus is on the Pacific region, where several large mines are currently being developed.

The company mines a number of diversified metals / minerals including coal, gold, copper, molybdenum, silver, rhenium, uranium, lead and zinc. One of the strengths of the turquoise hill is its good relationship with the mining giant Rio Tinto.

Turquoise’s share price dropped last year, and the successful development of its world-class Oyu Tolgoi project in Mongolia is paramount to this miner’s future.

Pretium Resources (NYSE: PVG, TSX: PVG)

The impressive Canadian company is engaged in the acquisition, exploration and development of precious metal resources in America. Pretium has an impressive portfolio, and if you can catch the stock while the price is right, there may be a great chance of an upward trend. In addition, construction and engineering activities are progressing at its top location, and commercial production is planned for this year.

With the diversity of Pretium’s assets, this mining giant is a key player in the Canadian resource space. Investors know something good when they see it and have definitely taken note of this company’s ambitious and future-oriented drive.

Magna International (NYSE: MGA, TSX: MG)

Magna, headquartered in Aurora, Ontario, is a global automotive supplier that is brave and innovative – and definitely focused on the obvious future – clean transportation. A great catalyst is the development of a combined electric / hydrogen vehicle – an EV (FCREEV) with an expanded range of fuel cells. It will not (at least for the time being) produce it, but plans to use the model to demonstrate its technical and design capabilities and to manufacture elements of the electric powertrain and contract manufacturing. It is insightful, foresighted and intelligent for the shareholders.

Agnico Eagle Mines Ltd. (NYSE: AEM, TSX: AEM)

Canadian gold producer Agnico Eagle Mines is a particularly notable company for investors. Why? Between 1991 and 2010, the company paid dividends each year. With offices in Quebec, Mexico and Finland, the company also participates in exploration activities in Europe, Latin America and the United States.

While Agnico mainly focuses on gold, it made this list because it’s a prime example of sustainability and environmental awareness, and that means that everything in a world is turning away from traditional mining quickly.

By. Charles Kennedy

**IMPORTANT! By reading our content, you expressly agree to the following. PLEASE READ CAREFULLY **

Forward-looking statements

This press release contains forward-looking information that is subject to a number of risks and uncertainties, as well as other factors that may cause actual events or results to differ from those projected in the forward-looking statements. One of the forward-looking statements in this press release is that future cesium prices will remain at their expected levels. that PWM can fulfill all of its obligations to maintain its properties; that PWM’s property can successfully mine commercial amounts of cesium; It is hoped that the three properties the company is drilling will have similar finds to the strategically important Sinclair mine in Australia. that occurrences and indications of a commercial size deposit become reality; that high levels found in samples indicate high grade deposition; and that PWM will be able to execute its business plans. These forward-looking statements are subject to a number of risks and uncertainties, as well as other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could alter these statements or prevent them from being realized include the fact that aspects or the overall development of the property may not be successful, the cesium mining may not be cost effective, the price of cesium may not remain high and it may never will be profitable to break down cesium; PWM may not collect enough funds to carry out its plans, changing the cost of mining and processing. increased capital costs; the timing and content of upcoming work programs; geological interpretations and technological results based on current data, which can change with more detailed information or tests; Potential assumptions about process methods and mineral recovery based on limited test work with further test work may not be feasible. Competitors can offer cheaper cesium; A higher production of cesium could lower the price. Alternatives could be found for cesium; the availability of labor, equipment and markets for the manufactured products; and despite the currently expected feasibility of his projects, that the minerals on their properties cannot be mined economically or that the necessary permits for the construction and operation of the planned mines cannot be obtained. The forward-looking information contained herein is as of the date of this document and the company assumes no responsibility to update or revise this information to reflect new events or circumstances unless required by law.

DISCLAIMER

ADVERTISING. This announcement is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd and their owners, managers, employees and agents (collectively “the company”) may in future be paid by PWM for the distribution of future communications if this announcement proves to be effective. In this case, the company was not paid for this item. However, the potential for future compensation is a serious conflict with our ability to be unbiased, especially:

This notice is for entertainment purposes only. Never invest just because of our communication. We have not been compensated by PWM, but may be compensated in the future for carrying out advertising and marketing to raise investors’ awareness of TSXV: PWM.V; OTC: PWRMF. Therefore, this notice should only be considered commercial advertising. We have not examined the background of the company. Often, companies that are profiled in our alerts will experience a sharp increase in volume and share price over the course of investor awareness marketing, which often ends as soon as investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.

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<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Read this article on OilPrice.com“data-reactid =” 66 “> Read this article on OilPrice.com

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