Protection Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) in Canadian Mining Report – @defensemetals
REEs Are Vital for the Fashionable Struggle Know-how
A Large Catalyst for This “Tech Protection” Play
January 2,2024 (Investorideas.com Newswire) Mining / Metals / Inexperienced Power Inventory news- Protection Metals Corp. (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE), a mineral exploration and improvement firm targeted on the event of its 100% owned Wicheeda Uncommon Earth Component mission, was not too long ago featured in Canadian Mining Report within the article , A Large Catalyst for This “Tech Protection” Play.
Learn the complete article
Learn this media alert for DEFN in full at https://www.investorideas.com/information/2024/mining/01021DEFN-Canadian-Mining-Report.asp
Excerpt
A worldwide conflict for crucial minerals is underway.
China has simply escalated its export restrictions for a know-how used to provide magnets for high-technology, biotech, and protection industries. .
These magnets are fabricated from a crucial group of minerals referred to as uncommon earth components (or REEs)… .
Earlier than that, China banned applied sciences to extract and separate REEs….
It’s one know-how ban after one other… and it issues one of the vital crucial but missed teams of minerals.
China is dwelling to about 70% of the worldwide REE provide, and that’s an issue for the remainder of the world.
The nation’s authorities can single-handedly halt the output of REEs. And it seems prefer it has been taking steps in that course.
China Chokes the World REE Provide Chain
On December 21, the Chinese language Ministry of Science and Know-how and the Ministry of Commerce up to date their catalog of applied sciences topic to export bans and restrictions.
It was a Christmas “present” for the West and an escalation in a commerce conflict that few buyers are conscious of.
This “conflict” has been happening for months. Again in July, China imposed restrictions on gallium and germanium. (Gallium is used to provide heat-resistant semiconductor wafers; germanium is used as a semiconductor.)
In November, China launched restrictions on the export of graphite , a mineral extensively utilized in electrical car batteries.
And now uncommon earths are on the listing…
It might solely worsen sooner or later. The geopolitical tensions between China and the West are at their multi-decade highs. And the looming conflict in Taiwan makes each events anxious about superior navy applied sciences and the parts they want.
The worldwide rare-earth-element provide chain might crumble below the burden of this international confrontation.
REEs Are Vital for the Fashionable Struggle Know-how
If in case you have been following the newest conflicts, you might have seen that drones have develop into a crucial weapon for each surveillance and assault.
From Ukraine to Iran and Gaza, drones are used to detect targets and direct precision-guided munitions.
They’re low cost to fabricate and costly to take down… they’re an ideal weapon.
There is just one downside. Drones want uncommon earth components for navigation and flight management, in addition to path planning and impediment avoidance.
Uncommon earth components are additionally a crucial component of magnets utilized in all kinds of high-tech purposes, from electrical car motors to fighter jets. For instance, an F-35 fighter jet is estimated to comprise about 920 kilos of REEs.
The magnets comprised of REEs are highly effective and lightweight. And there’s no direct and economically viable substitute for them out there but.
By some estimates, the U.S. navy wants about 3,000 tons of REE-based magnets per 12 months.
Together with different makes use of, the nation may have as much as 15,000 tons of REE magnets per 12 months.
And there’s no sturdy home provide chain for this necessary know-how but.
Nevertheless, this large want for REE know-how has began a revolution within the North American mining trade
Learn the complete article
About Protection Metals Corp.
Protection Metals Corp. is a mineral exploration and improvement firm targeted on the event of its 100% owned Wicheeda Uncommon Earth Component mission positioned close to Prince George, British Columbia, Canada. Protection Metals Corp. trades in Canada below the image “DEFN” on the TSX Enterprise Change, in america, below “DFMTF” on the OTCQB, and in Germany on the Frankfurt Change below “35D”.
Protection Metals is a proud member of Discovery Group. For extra info please go to:
For additional info, please go to www.defensemetals.com or contact:
Todd Hanas, Bluesky Company Communications Ltd.
Vice President, Investor Relations
Tel: (778) 994 8072
Electronic mail: todd@blueskycorp.ca
Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this information launch.
Cautionary Assertion Relating to “Ahead-Wanting” Data
This information launch incorporates “ahead–trying info or statements” throughout the that means of relevant securities legal guidelines, which can embrace, with out limitation, statements regarding completion of the PFS and the anticipated timelines, advancing the Wicheeda REE Venture, the technical, monetary and enterprise prospects of the Firm, its mission and different issues. All statements on this information launch, aside from statements of historic details, that tackle occasions or developments that the Firm expects to happen, are forward-looking statements. Though the Firm believes the expectations expressed in such forward-looking statements are based mostly on cheap assumptions, such statements should not ensures of future efficiency and precise outcomes could differ materially from these within the forward-looking statements. Such statements and knowledge are based mostly on quite a few assumptions concerning current and future enterprise methods and the atmosphere by which the Firm will function sooner or later, together with the worth of uncommon earth components, the anticipated prices and expenditures, the flexibility to realize its targets, that basic enterprise and financial circumstances won’t change in a fabric hostile method, that financing can be out there if and when wanted and on cheap phrases. Such forward-looking info displays the Firm’s views with respect to future occasions and is topic to dangers, uncertainties and assumptions, together with the dangers and uncertainties regarding the interpretation of exploration and metallurgical outcomes, dangers associated to the inherent uncertainty of exploration and improvement and price estimates, the potential for sudden prices and bills and people different dangers filed below the Firm’s profile on SEDAR at www.sedarplus.ca. Whereas such estimates and assumptions are thought-about cheap by the administration of the Firm, they’re inherently topic to vital enterprise, financial, aggressive and regulatory uncertainties and dangers. Components that would trigger precise outcomes to vary materially from these in ahead trying statements embrace, however should not restricted to, continued availability of capital and financing and basic financial, market or enterprise circumstances, hostile climate and local weather circumstances, failure to take care of or receive all vital authorities permits, approvals and authorizations, failure to take care of group acceptance (together with First Nations), dangers regarding unanticipated operational difficulties (together with failure of apparatus or processes to function in accordance with specs or expectations, price escalation, unavailability of personnel, supplies and gear, authorities motion or delays within the receipt of presidency approvals, industrial disturbances or different job motion, and unanticipated occasions associated to well being, security and environmental issues), dangers regarding inaccurate geological, metallurgical and engineering assumptions, lower within the worth of uncommon earth components, the affect of Covid-19 or different viruses and ailments on the Firm’s potential to function, an lack of ability to foretell and counteract the results of COVID-19 on the enterprise of the Firm, together with however not restricted to, the results of COVID-19 on the worth of commodities, capital market circumstances, restriction on labour and worldwide journey and provide chains, lack of key workers, consultants, or administrators, improve in prices, delayed outcomes, litigation, and failure of counterparties to carry out their contractual obligations. The Firm doesn’t undertake to replace ahead–trying statements or ahead–trying info, besides as required by legislation.
Disclaimer/Disclosure: Investorideas.com is a digital writer of third social gathering sourced information, articles and fairness analysis in addition to creates unique content material, together with video, interviews and articles. Authentic content material created by investorideas is protected by copyright legal guidelines aside from syndication rights. Our web site doesn’t make suggestions for purchases or sale of shares, providers or merchandise. Nothing on our websites must be construed as a proposal or solicitation to purchase or promote merchandise or securities. All funding includes danger and potential lack of funding. This web site is at the moment compensated for information publication and distribution, social media and advertising and marketing, content material creation and extra. Contact every firm straight concerning content material and press launch questions. Disclosure this DEFN information is a paid information launch on investorideas.com – be taught extra about prices and providers https://www.investorideas.com/Information-Add/
Extra disclaimer data: https://www.investorideas.com/About/Disclaimer.asp
Please learn Investorideas.com privateness coverage: https://www.investorideas.com/About/Private_Policy.asp
About Investorideas.com
https://www.investorideas.com/About/
Join free inventory information alerts at Investorideas.com
https://www.investorideas.com/Assets/Publication.asp
Renewable Power Shares: investing concepts in renewable vitality shares
Like Renewable Power Shares? View our Renewable Power Shares Listing
Get Information Alerts on Renewable Power Shares
Mining Sector Shares- investing concepts in mining shares
Like Mining Shares? View our Mining Shares Listing
Get Information Alerts on Mining Shares
