In this episode of the Rare Earth Exchanges podcast, hosts Dustin Olsen and Daniel discuss recent developments in the rare earth market, including insights from a conversation with expert Ian on China’s influence in the supply chain. They analyze the implications of the recent trade agreements and the ‘Big Beautiful Bill’ aimed at boosting US critical mineral production. The conversation also covers global mining developments and the ongoing challenges posed by China’s dominance in the rare earth sector.
Chapters
00:00 Introduction and Weekly Updates
10:42 The Big Beautiful Bill and Its Impact
17:21 Global Developments in Rare Earth Mining
24:02 China’s Dominance in Rare Earth Production
30:04 Conclusion and Future Directions
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(opens in a new tab)Transcript
Dustin Olsen (00:01.289)
Hey everyone, like always, welcome to the Rare Earth Exchanges podcast. You’ve got me, Dustin, and my illustrious co-host, Daniel, who’s actually looking pretty dapper. You got the plaid and the pink pinstripes. Nice. Nice.
Daniel (00:13.219)
Yeah, I learned from the best.
Dustin Olsen (00:17.525)
Perfect. Great. How’s your week been?
Daniel (00:23.115)
It’s good. great. It’s getting hot in these parts, as you might know. Things are picking up. My goodness, we’re getting really busy on our website. We announced the heavy rare earth rankings.
Dustin Olsen (00:29.125)
huh.
Dustin Olsen (00:38.591)
We did. Yes, we launched that. Sorry, the revels are at the top. Yeah. So if you’re curious about the heavy rears, who else is on the ranks there, head over to rarethexchange.com and check it out. A lot of effort and time and research went into creating that list and
Daniel (00:42.478)
Who’s winning? Who’s at the top, The Rebels! The Rebels are at the top.
Dustin Olsen (01:08.349)
and finding the different differentiators to create the ranking. we’re pretty proud of it. So go check it out. So yeah, that was a big thing this week that we launched that.
Daniel (01:20.57)
It’s a huge thing we put a press release out. You know, I don’t think anyone has ever really done this publicly. So this is a first. We’re being a little disruptive. There’s probably some consultants that are going to get nervous soon.
Dustin Olsen (01:35.541)
or upset, like, what those guys doing? Now we did a lot of due diligence, so we’re excited to hear and see what people think about it. Okay, so also last week, Danny, we talked with Ian Murphy. We had him on the show. He is a Chinese subject matter expert. And we had a great conversation. Our business partner,
Daniel (01:37.208)
Yeah, exactly.
Dustin Olsen (02:04.081)
John was also on the call with us then any any key takeaways or anything that stood out to you from that call last week with Ian
Daniel (02:13.08)
Well, just that he specializes in looking at national security in the global context, particularly with China, looking at the rare earth and critical mineral supply chain and what it means to have this sort of this leverage on the Chinese side. So he’s a very important intellectual that we want to collaborate with more. We invited him to come and contribute content when he has the time.
Highly recommend for people interested that they watch that interview and they check him out. He’s put a paper together that we editorialized and I think he has a lot to contribute.
Dustin Olsen (02:57.236)
Yeah, very fascinating, very intellectual, as you said, which was just a riveting conversation, honestly. And when we veered into like economic coercion tactics and the potential for future conflict, like it’s really resonating with a lot of the current events that we’re seeing. You know, we’re talking about tariffs and the agreement with China. So there’s
It just felt very timely and kind of put a lot of things into perspective for us as we think about not only China’s position that they’ve been building over the last decades, but even right now, right?
Daniel (03:38.977)
Yes. Yes.
100 % it’s refreshing too because he understands and appreciates what we’re trying to do by calling this out and by talking about you know longer-term comprehensive solutions like industrial policy and the right investment and his work supports what we’re learning and what we’re trying to communicate out through our website and the YouTube and the forum.
Dustin Olsen (04:10.196)
Yeah, yes, it’s very, very helpful, his insights. So, I don’t know about you, I’m very much looking forward to some of his upcoming work that we’ll probably showcase here on Earth, exchanges. But speaking of China and timeliness and tariffs, do you have any interesting updates with the Trump agreement over in China?
Daniel (04:24.684)
For sure, for sure.
Daniel (04:40.65)
Yes. So I think this is important because we had this trade war liberation day, tit and tat with China, they cut the exports to the rare earths. We started to see problems in the automobile production. At least one plant, Ford, reported a slowdown or maybe even a stoppage. Other countries had issues. You didn’t read a lot about the defense sector because they
It’s a national security issue, they won’t talk about it to the media. But it’s a real concern. So our president was very motivated to get his trade team back to London to meet with the Chinese team. Now, they did agree on a framework to keep talking and to release rare earths in the short run. It’s not a deal, though.
going around saying it’s a deal and we’re good and we’re going to get our rare earths. But the problem is it’s just temporary. So I’m going to explain to everybody why it’s not really a deal. Okay. So first of all, you know, it’s, it’s a temporary framework. It’s not a binding agreement. It’s a six month tactical pause. It’s not legally enforceable. It’s not a trade treaty.
There’s no enforcement mechanisms. Number two, Beijing retains all the leverage, full leverage. They have all 80 to 90 % of the rare earths processing and magnets. control 95 % plus, probably 99 % plus of heavy rare earth metals, which are used in some military applications. Importantly, you know,
They’re making it difficult. They have more data collection requirements now. They could track more granularly the exports coming out of China, and they can stop it if it’s dual use, if it has military use. They’re extracting market intelligence, importantly, from buyers. So whoever is the intermediary buying the rare earth product, whether it’s
Daniel (07:01.661)
oxides or if it’s finished goods, know, magnets. They’re having to basically give a lot of information about who their customers are, value chain. Essentially, according to some people under conditions of, you know, being anonymous, we can’t share who tells us this stuff, but they’re telling us it basically amounts to industrial espionage, or at least facilitating that because
they’re extracting market intelligence, the Chinese are, through these companies. And again, these rare earths are geo-economic weapon, and that’s what they’re doing. this, you know, also the US remains continuously dependent on China and these providers, okay?
commercial scale separation, example, refining for heavy rare earth elements like dysprosium and terbium, permanent magnet manufacturing capacity and recycling. All of this is stuck over there. So that hasn’t changed. Nothing’s changed. Risk of strategic retaliation persists. So China’s Ministry of Commerce can reimpose restrictions or slow license approvals at any time.
If US tariffs escalate or if tech restrictions intensify, Beijing can halt exports of refined rare earth oxides or metals, tighten licensing rules via vague national security definitions, favor domestic allied and allied markets, so their Belt and Road Initiative partners, for example. There’s no resolution on military supply chains that we know of.
Maybe there’s some black ops CIA operation out there that’s over there with the rebels in Myanmar for all we know. But this framework that’s in place that our presidents calling a deal, it doesn’t guarantee access to military critical rare earth elements like Samarium or heavy rare earths used in jet engines, missiles or sonar systems.
Dustin Olsen (09:11.781)
you
Daniel (09:21.748)
These inputs remain strategically sensitive and the Pentagon lacks secure non-Chinese sources. So, you know, for our defense, it’s not an issue. How do I summarize this up, Dustin? It’s a temporary truth. It’s not a strategic reset whatsoever. Frankly, the deal is more PR than a supply chain fix. It’s PR. It’s Trump being able to promote and tout, I got a deal. We’re good. You know, I’m good.
Dustin Olsen (09:41.082)
Mm-hmm.
Daniel (09:50.601)
I hate and I don’t want to make Donald upset. We know how upset he can get, but it’s not. It’s temporary. A clear, we need massive investment in US allied mining, refining and magnet production. We need an industrial policy. We have been saying that. Okay. You can’t keep kicking this can down the road. All right.
Dustin Olsen (10:18.684)
It sounds like he’s gonna keep kicking it though.
Daniel (10:21.258)
Well, we’re going to keep calling it up. That’s one thing that we can do here. We’re not consultants, how can I say, milk from Uncle Sugar. We can say what we want to say. there is a problem. And maybe the president’s doing something behind
to give him credit, maybe he’s doing something we don’t know about. And so we need to be fair that he could have a strategy that he’s not talking about. So, you know, let’s give him the benefit of the doubt there. But saying the deal is done, it’s not.
Dustin Olsen (11:06.867)
Yeah. So I’ll agree with you. Let’s give him the benefit of doubt. I feel like that’s been his mode of operation since he got into office of just doing things without really any explanation. Um, so hopefully there’s more to the rest of the story. Um, it’s interesting that, like, I think, like you said, it’s a PR move and it’s probably too, in a way, cool the jets.
of those who are hot bothered by what’s going on. Those who are, you know, it’s affecting everything, right? So I think if people are at ease, things can resume, you know, the investment markets can go back up, people can go back to work, like whatever, right? So I almost wonder if that’s the PR move here is all’s good, all’s good, hurry on, you know, when as you’ve
Daniel (11:41.554)
Fit, yeah.
Dustin Olsen (12:06.214)
described here, that’s really not true. Like we’ll carry on, but probably not in the best way we could.
Daniel (12:15.89)
Yes, mean, we don’t know. Maybe things will get better. But we know as long as there’s tension between China and the US, this is a big problem. Both rare earth element and critical mineral supply chain is profoundly controlled by China. we’re barely scratching the surface of what we need to do to be free of that.
and to have democratic market societies be able to pave their own path forward and not be dependent on a society that could be adversarial very quickly.
Dustin Olsen (13:02.47)
very quickly and very easily.
Yeah, those two things hand in hand are not a great combo.
Daniel (13:11.448)
No, no. So that’s one thing that we wanted to update everybody on this week. There’s more work to do on the trade deals and the rare earth element supply chain. The big beautiful bill is the next thing that we should talk about because the big, I’m not sure if it was passed yet, but I think it’s probably gonna get passed.
Dustin Olsen (13:38.168)
I don’t think it’s been passed. Headlines I saw that I think it’s moved onto the house. They’re reviewing it right now. I think it was the last that I saw. So we’re not quite there yet. The parties that be are still evaluating.
Daniel (13:44.988)
Yeah.
Daniel (13:54.437)
Yes. So if we look at that, you know, again, you would think that, I mean, because there’s a huge amount of spend in that bill, okay? And we, depending upon who you speak with about it, there will still be debt that accumulates two, three, four trillion dollars. So you would think at least given what we know to be the problem that you would infuse into that thing.
some kind of industrial policy components so that you have investment so that you can transcend this current situation. Well, we looked at it and it’s an article in Rare Earth Exchanges, June 29th. the big beautiful bill does, seek to boost US critical mineral production through funding, permitting, reforms, and strategic investments.
The legislation that we reviewed, it reveals a complex tension between supporting mining extraction and maintaining demand in clean energy industries. Why? Because remember, the clean energy industries that drive a lot of demand for rare earth elements, guess what? They’re cutting those. We’re going back to coal and oil, right? And it’s a very contrarian move compared to much of the world, right?
So the Big Beautiful bill does provide incentive. I’ll just share a few things. In this package, it does recognize the importance of critical minerals. There’s $2.5 billion specifically to boost US critical mineral production through national defense stockpile. The government could use this funding to purchase and stockpile domestically
Dustin Olsen (15:44.32)
Thanks.
Daniel (15:52.39)
produce rare earths, effectively guaranteeing a buyer for US mines. It also provides $500 million to expand a Department of Defense loan program that could be used for some of these projects. Right now, I want you to think about it. I just said $2.5 billion for a basic stockpile and half a billion, $500 million for some purchases. Do you remember what that gentleman that did that study in Thailand?
Dustin Olsen (16:11.31)
I mean.
Daniel (16:21.925)
said we would need for resilience. How much was that number?
Dustin Olsen (16:29.042)
It was a range of $100 to $200 billion.
Daniel (16:32.922)
That’s correct. We’ve seen that number multiple times, but even something, it’s in the tens and tens and tens of billions of dollars. So what is the big beautiful bill? While we continue to accumulate debt, we are spending frankly a sprinkling, not much, a pittance for what we actually need for resilience.
Then the other problem is that it’s cutting a lot of the green energy stuff. know, Donald and a lot of the folks in Washington now that are running Washington, they’re not very keen on, you know, green energy, know, solar, wind, electric vehicles. They’re going a contrarian route. Who knows? Maybe they’re right. Maybe they’re wrong. I don’t know. But I do know that that sort of hurts the market because
Remember you rare earths. It’s a supply chain problem. It’s not just mining
You need the whole ecosystem. And remember what the Chinese do. They flood the market. When things start getting going here, they flood the market with cheap product. You’re wiped out.
Dustin Olsen (17:40.53)
you
Yep.
Daniel (17:53.133)
And so, and we just don’t have enough in this bill to go anywhere. That’s, it. It’ll it’ll spur some activity. You know, it’s better than nothing, I will say, but it.
Dustin Olsen (18:06.609)
Again, the theme has been, it’s not enough. It has the makings of being what we need, but it’s not enough.
Daniel (18:15.757)
It’s not enough. So we’ll have to keep evangelizing through this channel for what really is needed because again, you know, it’s entire ecosystem upstream, midstream, downstream, the recycling. There is movement, but what we have been told as well by very smart people that are in this business that…
The investment is still hard to come by. There’s a lot of skittishness. They’re concerned. Private capital is often concerned about, well, where’s the market for this? What if the Chinese flood the market? It’s hard to price these things because there is no market. Remember, there’s no exchange out there for rare earths. There’s only two exchanges in China, and that’s not a transparent market. There is no market.
There’s China that has 90 % plus. We get our product out of there for the most part. And we have this scrambling of different companies upstream, midstream, downstream trying to set up operations over here. We have some good companies like MP Materials that is a legitimate player that is going to start making magnets. They have a partner with General Motors. mean, I think companies like MP Materials.
They could be very valuable because they’ve at least partially figured it out, but they’re going to need help from the government. They’re not there yet, Dustin. They don’t understand how severe the problem is. They still think, yeah, it’s just a standard market problem. We’ll figure it out. And it’s just not that. It’s like COVID. What did you do to get those vaccines? And say what you want about those vaccines. They got them done within
Dustin Olsen (19:58.342)
you
Okay.
Daniel (20:11.106)
several months, they spent tens of billions of dollars and they got product out. It’s like World War II. They had to spend enormous amounts of money in a focused area. So ironically, President Trump has a legitimate emergency with this problem. All these emergency actions, he’s done executive orders based on this emergency, that emergency. If he focused on this,
Dustin Olsen (20:28.433)
you
Daniel (20:41.109)
It’s a legitimate emergency.
Dustin Olsen (20:45.947)
Yeah, it, it really is. And we’ll give him credit for that. Right. he’s, he’s enacted, you know, national emergencies for X, Y, and D. he’s struck a deal with China and air quotes. like he’s doing stuff. I, but as we’ve said before, it’s just, it’s good in theory.
Daniel (20:53.901)
Yes.
Dustin Olsen (21:16.229)
but he just doesn’t have the runway long enough to maybe do all that needs to be done. And that’s probably against him.
Daniel (21:24.451)
Well, yes, it’s that plus he’s trying to do so much that sometimes focus is important. you can’t, there’s an old saying, he or she who is everywhere is nowhere.
Dustin Olsen (21:36.529)
I
Daniel (21:43.588)
So, you know, it focuses, if you want to have an enduring impact, you know, you have to focus. But I do think, you know, he has his agenda and his program and he knows things that we don’t know. you know, I reserve, you know, I’m not going to be judgmental. We have to see what unfolds. But we know what we know and what we’re learning. And, you know, it’s a free country to speak out about it.
Dustin Olsen (22:11.482)
Totally. What else was in the news this week that caught your eye?
Daniel (22:18.061)
Yeah, so there’s a few, there’s lots of things. Every day we have a lot of news up there, but there’s a new mine. They’re saying it’s the first one in 70 years that’s going to be going live. It’s the Brook Mine in Wyoming by Ramico Resources. It’s the first new rare earth mine in the US in over 70 years. That’s what they’re saying. I I think other than MP materials, that could be true. We have to validate that, but it’s definitely, you know, up there.
as new. It utilizes a unique carbon ore approach to extract rare earth elements and critical minerals from coal deposits. Again, this is Wyoming. We are, by the way, speaking with some Wyoming elected officials, I believe, somewhat soon here on this channel. Governor Mark Gordon of Wyoming has emphasized the project’s significance for energy independence. And again,
The goal is to reclaim American critical mineral independence. The company’s Ramico Resources and again, it’s the Brook Mine in Wyoming. So that’s a good piece of news that’s happening. Another piece of news, we’re international, we look all over the world. So a very large company in India, India is putting together, is getting
Dustin Olsen (23:36.569)
Yeah.
Daniel (23:45.985)
pretty aggressive about industrial policy. They’re not quite there yet, but I would say they’re a little more advanced than we are in many ways. India’s had historic challenges with China, back and forth. India is the fourth biggest economy now. They have passed Japan.
Dustin Olsen (24:00.256)
Hmm.
Dustin Olsen (24:03.812)
What? Which is wild.
Daniel (24:07.136)
And you know what? They’re going to pass Germany very soon. India will be number three within probably a year or two. And don’t underestimate them. So Hindustan Zinc, it’s a huge company. It’s part of a much bigger conglomerate called Vendanta Limited. They have big rare earth mineral plants targeting neodymium.
Dustin Olsen (24:11.024)
Alright, Blue’s out.
Daniel (24:35.182)
with production expected to start around 2030. So it’s five years out. They’re planning five years out. And that’s due to complex regulatory and technical challenges in India. India is not always straightforward doing business there. They currently import about 9,700 tons, at least according to media sources we’ve been looking at, and of rare earth elements.
Primarily from China again, so they have the same problem. Everybody has the same problem. They’re all tied to China, right?
Dustin Olsen (25:09.392)
Yeah, I don’t know how you’re gonna be when China controls 90 % of the production.
Daniel (25:13.706)
Yes, exactly. there, you know, again, it’s an example of, you know, the big planning that’s happening in India. And we’re going to be interviewing the CEO of another big Indian company soon. And they’re doing recycling. You know, there’s other, you know, in China, groups are looking to expand magnet production. So
A company called Dongyang DME GC launched about, I think it’s about 100 million for expanding centered neodymium iron boron magnet production by 5,000 tons annually. China controls this magnet production. almost every week we’re reading about companies like this, these Chinese companies that are
putting in 50, 25, 50, 75, 100, 200 million into the expansion. this group, they’re owned by a company called Inuovo, and they’re a big company. They want to strengthen their position in permanent magnet supply chains, particularly in electric vehicles, wind energy, and electronic markets.
Dustin Olsen (26:18.639)
Okay.
Daniel (26:42.041)
And of course, we’re going to be doing our comparison of magnet producers. But again, 90 % or so of these magnet producers are in China at this point. And remember, it’s the magnets and other components and assemblies that you make from these materials that are used for electric vehicles, green energy.
Dustin Olsen (26:45.488)
Okay.
Daniel (27:10.497)
high-tech military products, electronics, you name it. the company Inuovo, I think I’m pronouncing it right, is publicly traded. Again, they’re part of what’s called the Hangdian Group conglomerate. China has these huge conglomerates that are active in multiple industries. They were formed in 1997 through the restructuring of some other conglomerates.
And they’ve got about 5,000, well, the Inuovo has about 5,200 employees and generates about 550 million in revenue. So it’s just a small, it’s a $550 million subsidiary of a huge conglomerate. I don’t think they’re state owned. I’ll have to double check on that, but I think they’re private, they’re publicly traded in China on the, not the Shanghai, I think the Shenzhen or one of the other stock exchanges.
Dustin Olsen (27:43.504)
Okay.
Daniel (28:11.284)
So, you we’re watching all these companies. We’re generating more more intelligence. People are contacting us from China. We have networks over there. And, you know, we’re going to present all this. We’re going to democratize all this information, so that, you know, the biggest defense companies, that’s our gift to our society. Our defense contractors won’t have to spend, you know, enormous amounts of money on consultants to get this information. We’re going to have it all.
Dustin Olsen (28:12.079)
Perfect.
Daniel (28:40.83)
with a nice subscription available.
Dustin Olsen (28:43.496)
There you go. That’s the plan, right? Yeah, that’s crazy. Yeah, the Innovo investing that kind of money, really kind of just almost reinforces their dominance in this space. Just the control that they have.
Daniel (28:44.81)
So, yep.
Daniel (29:04.288)
Exactly. And another one that we should look at is, you know, we track a lot is the Chinese Communist Party with the state-owned companies in China. We’re seeing almost like every couple of months that they have these meetings where the top brass executives of these companies have to
basically show loyalty to the communists. So remember these Chinese companies are not, especially the state-owned ones, are not companies in the way that we understand them to be. They’re weapons.
And that’s…
Dustin Olsen (29:52.912)
So when you say they’re not coming in the traditional sense, in our American vernacular, is it more like the army, the Navy, just like government organizations that operate like a business, but have very much the government’s interest in mind.
Daniel (30:13.346)
I think it would be more like, I mean they have ties into the military, but I think it would be more like the Federal Reserve or something. It’s owned by, they’re chartered and they have a mission, or Fannie Mae and Freddie Mac. Their mission is to perpetuate their monopoly. And remember, they’re
Their mission is not, that’s not the ends to, that’s a means to a bigger end. Their goal is not to have a monopoly in reverse. That’s just a means to an end. Remember, the next level of their goal are to have enormous amounts of economic growth from different industry, like the electric vehicle sector, which BYD is now the biggest electric car maker in the world. And we’ve been writing about this.
Dustin Olsen (31:10.476)
Didn’t take long.
Daniel (31:11.772)
They’re cutting deals all over Latin America. They’ll be in Africa. And then their final goal is total domination. It’s over the digital currencies. by that point in their vision, we’ll still be up there. It’s not like we’ll be in caves. But you know.
Dustin Olsen (31:36.015)
Ha
Apocalyptic control.
Daniel (31:41.406)
But we won’t have the number one currency anymore. If this goes according to their plan, our future generations won’t have the same advantages that we had or our forefathers had. That’s just the reality.
Dustin Olsen (31:58.176)
which is really interesting to think about because when you think about China’s history, they also felt dwarfed in their opportunities and advantages, right? For eons, just didn’t have the internet, right? Or they just, where would they go learn things? And now that they have all that accessible to them, they are becoming
the top, the lead, the experts in industries that we also consider ourselves the lead in or experts in. They’re just as good, if not better. So it’s almost interesting, like, we would kind of revert down to a role of just not having access to opportunities. It’s hard to imagine a world like that.
Daniel (32:47.422)
Well, think about it. mean, we’re the ones that showed, we’re the ones that invented the rare earth process.
We invented all this chemistry, we, you know, are corporate and political class, you know.
believed in short-term gains, that’s how executives get paid. When there’s short-term gains, the executives get bonuses, big bonuses in the largest corporations. And the ideology of just global trade was, let’s let whoever does it most efficiently and maybe less environmental rules and all that, and we’ll all get
richer and better and we’ll all do better. And that was the premise. But what happens when, you know, we outlive our usefulness?
Dustin Olsen (33:37.743)
Mm-hmm.
Dustin Olsen (33:48.195)
You’re removed from the market.
Daniel (33:49.629)
Yeah, you know, mean, so we, you know, we, you know, we’re a society. have to, we, we’re an incredible society. We have to fight for our society. And that means what we believe is going back to some basics, like learning how to set up supply chains and support them over here, at least certain critical ones, not everything.
Dustin Olsen (34:15.756)
Yeah, no, like, and not once would I ever hope to imply that we want your independence from everyone, right? The world is just too small, right? We all need each other and globalization, think is great. You know, we can build in our strengths and help one another out. It’s just when it swings too far and is used against you is…
Daniel (34:24.986)
No.
Daniel (34:29.661)
Absolutely.
Dustin Olsen (34:44.638)
is the tough part.
Daniel (34:44.711)
Well, Dustin, real quickly, look, the hypothesis was when Nixon first went over to China and we started, we brought them into the World Trade Organization, the assumption was they’re gonna learn, they’re gonna get rich like us, and they’re going to change their system. They’re going to embrace democracy, and then they’re going to let us come in and buy up their assets in a free market.
Well, that’s not what happened. They did that. But when it came time to, you know, American or European capital going into China and buying things up, it ain’t going to happen. So, so they use the system, but they kept their hybrid and they sort of changed to some extent. have market structures there, but they kept a hybrid structure. And, you know, we finally, you know, woke up and said, Hey, what happened?
Dustin Olsen (35:39.695)
Yeah, the writing’s on the wall. it’s reading about China, what’s happened in China in terms of business culture is truly eye-opening and vastly different than how the American business culture operates, which can be very difficult to
Daniel (35:42.641)
Well, open up and look, you know, open your eyes. You’ll see.
Dustin Olsen (36:09.728)
mentally connect with, like how and why. It’s just different, for better or worse. All right, Daniel, well, let’s wrap up here. Is there any final thoughts, anything you want to conclude with here?
Daniel (36:17.916)
Yep, it’s different.
Daniel (36:29.946)
Well, I mean, from the standpoint of what we’ve done, our traffic is exploding. A lot of people are discovering rareearthexchanges.com. We’ve set up a forum that’s growing. We’re really trying to inform and educate investors, like retail investors, about this space, this sector, how it works so that
As more more investors seek to get involved, we want to be a positive influence. We want to bring more transparency and more impactful information more economically. And so I feel very good about what we’re doing thanks to your fabulous web development skills, the content we’re putting out. I think it’s exciting. people should check out the heavy rare earth element.
Rankings, very important one. That’s very critical for certain sectors, like certain products in the military. And we have more rankings coming.
Dustin Olsen (37:37.588)
Absolutely. And nice shameless plug there. So thank you. As we sign off here, I would just say if you have found this episode helpful, give us a like. If you don’t want to miss another episode, subscribe to the channel and you’ll stay up to date with the latest news and the latest insights from the industry as we continue to interview CEOs and other industry experts in their space.
Speaking of that, next week we are going to interview three different people here on the show. They’re out of Pennsylvania and we’ve got Paul, Sarma and Kim, all from different organizations, all working on towards the same goal. They’re all connected. They all work together on different areas. So come join us for that. We hope it’s an interesting conversation for you to come listen to. So with that.
Thanks for listening, thanks for watching, and we’ll see you guys next week.
Daniel (38:39.067)
Thanks everybody.
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