Rush to Provide Domestic Critical Minerals as Alternative to Chinese Supply - Seite 3

"Metal-making is a critical step in the rare earth supply chain," said President and CEO of Energy Fuels, Mark S. Chalmers. "Energy Fuels has already restored monazite 'crack-and-leach' capabilities to the U.S. at our White Mesa Mill in Utah, where today we are producing a high-purity mixed rare earth carbonate, which is ready for separation. No other company in the U.S. is currently producing a high-purity REE product ready for separation at commercial levels."

One of the more commonly known metals that made the list, but is in the top 10 of supply chains most at risk is aluminum.

Century Aluminum Company (NASDAQ:CENX) owns primary aluminum capacity in both the USA and in Iceland, and annual production of 320,000 tonnes of aluminum. 

As part of its commitment to ESG goals, Century Aluminum recently signed a letter of intent for the supply to the Grundartangi smelter of green electricity originating from two of Qair's windfarms with a total installed capacity of 200 MW under development in Iceland.

Grundartangi uses Iceland's 100% renewable energy resources to create Natur-Al aluminum, which has one of the lowest CO₂ footprints in the world. Natur-Al has less than a quarter of the CO₂ content than the industry average, fulfilling the growing demand from Europe's most environmentally conscious consumers.

Another aluminum producer, Arconic Corporation (NYSE:ARNC) saw its sales go up 34% year over year in Q3 2021, to $1.9 billion.

"Demand for our products remains very strong across all end markets even as the pandemic continues to affect our operations," said Tim Myers, CEO of Arconic. The company's revenue expectations are now in the range of $7.5 billion to $7.7 billion for full-year 2021 compared with the prior expected range of $7.3 billion to $7.6 billion.

For more information go to:  http://energymetalnews.com/2021/03/05/this-company-is-bringing-essential-mining-back-to-the-u-s-fueled-by-government-action/ 

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