There we go, White House finally invests in more breath in critical minerals/materials. Amazing policy move, as a TLDR:
- $Westwater Resources(WWR.US) receives $25M (graphite)- $Scully Royalty(SRL.US) (ASX) receives $400M (Scandium)- $5E Advanced Materials(FEAM.US) receives $8M (Boron)- $HREE receives $4.8M (magnet rare earths)out of the public companies. With more private investments from $150 million into Niron Magnetics or $85 million into Standard Bauxite. It's literally spare change to the US gov, for ENORMOUS amount of downstream applications. More should be done with funding amounts to accelerate development and derisk supply chains (don't own any of the above, just support the policy move), but great announcement.
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