The lessons Japan has learned from economic warfare with China, may be helpful for other countries struggling to cope with the China’s rare-earths bullying. They also show how hard this will be https://t.co/ocLFTNM9KxIllustration: Lan Truong https://t.co/ktbNYeGB9q ...

China has yet to deploy rare earths in its current dispute with Japan. If they do come into play, Japan’s efforts to secure alternative supplies and build stockpiles will have bought some time https://t.co/02bWHnvpzG ...

VONNIE: IT IS 5:00 A. M. IN NEW YORK CITY.I AM VONNIE QUINN WITH YOUR "BLOOMBERG BRIEF." STOCKS ARE FOR DIRECTION AS MARKETS LOOK TO NEW CATALYSTS FOLLOWING MONDAY'S CRYPTO SELLOFF. PEACE PLAN TALKS. STEVE WITKOFF HEADING TO MOSCOW TO MEET WITH PRESIDENT PUTIN.A NEW ROUND OF BIDDING FOR WARNER BROS. DISCOVERY, INCLUDING A MOSTLY CASH OFFER FROM NETFLIX. LET'S LOOK OUT MARKETS AFTER THE CRYPTO SELLOFF YESTERDAY.WAS AT THE START OF SOMETHING OR WAS IT JUST EXACERBATING A FEELING ALREADY IN MARKETS. WE SAW THE ...

Rare Earth Dependence - America relies on China for 80% of its rare-earth needs [1] Strategic Analysis - The report examines how America can break its dependence on China for rare-earth elements [1]

In many industries, China has been playing catch-up with the West for decades. In rare earths, it is the West that is racing to catch up https://t.co/C8u9sITsYW ...

The European Union is weighing direct investments in Australian mining firms to secure supplies of critical minerals including rare earths, the bloc’s Commissioner for Trade and Economic Security Maros Sefcovic says https://t.co/ifzHniEE7V ...

Sino-EU Relations - China and the EU have made little progress in mending relations since the summer summit [1] - China's relaxation of rare earth controls presents an opportunity to reset relations [1] Trade & Policy - The EU's top envoy to Beijing commented on the limited progress in repairing ties [1]

Summary of United States Antimony FY Conference Call Company Overview - **Company Name**: United States Antimony Corporation (NYSEAM:UAMY) - **Headquarters**: Dallas, Texas - **Founded**: 1968, publicly traded since 2012 - **Market Cap Growth**: From $20 million to approximately $1.1 billion, with stock price increasing from $0.20 to around $7 per share [1][2] Industry Context - **Core Product**: Antimony, a critical mineral essential for military applications and various industries, including fire retardants and AI technology [1][3] - **Market Control**: China controls about 65% of the global antimony supply and 90% of refining capacity, posing a significant competitive challenge [3][9] Financial Performance - **Revenue Growth**: - 2021: $8 million - 2022: $15 million - 2023 Guidance: $40-$43 million - 2024 Guidance: $125 million, with expectations of exceeding $150 million [4][18] - **Gross Margin Improvement**: Increased from 26% to 30%, with projections to exceed 50% due to sourcing own material [17][18] Key Contracts and Government Relations - **Recent Contracts**: - $104 million contract for fire retardants for roofing materials [2] - $245 million government contract with the Defense Logistics Agency (DLA) [6] - **Government Support**: Executive orders mandate that military supplies must come from U.S. companies, enhancing demand for domestic antimony [5][6] Production and Expansion Plans - **Refinery Expansion**: - Montana facility expansion from 100 tons to 500 tons per month, costing $22 million [4] - Mexican facility expected to produce 200 tons per month by year-end [4] - **New Mining Operations**: - Recently opened a mine in Montana, with plans to source antimony from Alaska [17][12] - Exploring cobalt and tungsten mining opportunities in Canada [13][14] Market Dynamics and Challenges - **Price Fluctuations**: Antimony prices have increased from $5 to around $19-$20 per pound over the past year and a half [10] - **Supply Chain Issues**: Challenges in sourcing antimony from various countries due to competition with China and logistical issues [10][32] Strategic Vision - **Future Goals**: Aim to build a multi-billion dollar company by expanding operations and securing government contracts [23] - **Public Awareness**: Efforts to educate the public and government officials about the importance of antimony and the company's role in the supply chain [22] Miscellaneous Insights - **Employee Challenges**: Difficulty in hiring due to local demographics and immigration issues [30][31] - **Stock Volatility**: Recent stock price fluctuations attributed to broader market trends rather than company-specific issues [27][28] Conclusion - United States Antimony is positioned for significant growth in the critical minerals sector, particularly in light of increasing military demand and government support for domestic sourcing. The company is actively expanding its production capabilities and exploring new mineral opportunities while navigating competitive challenges from China.

Supply Chain & Geopolitics - Europe is attempting to establish a presence in the rare-earths supply chain with a new plant in Estonia [1] - The new factory's production volume will be insufficient to end Europe's reliance on China [1] Industry Dependence - The rare-earths supply chain is currently dominated by China [1]

With a new rare-earths plant in Estonia, Europe is trying to secure a foothold in a supply chain dominated by China. But the factory won’t produce enough to break its dependence on Beijing. https://t.co/7GjmPFgK8A ...