Finance committee  Financial markets are soft, but we're bringing things into production. Rare earths are not commodities. They're not like copper or any of the base metals, and you have to complete a supply chain. They also present some unique chemistry issues, so producer A can produce a concen

Finance committee  As I mentioned in my opening remarks, China is integrated. The Critical Metals Institute is in the U.S. under the DOE. I've been invited by Erocon to talk to the European Community next week. Did you notice that I didn't name a country? I named nations or individual companies.

Finance committee  That's an interesting question. I agree that junior mining companies do not naturally collaborate. However, it is clearly recognized today, and with the establishment of CREEN and the active involvement of many of those companies right now, that they know what has to be done. Eac

Finance committee  Those are very good questions. As for whether it is easy to break a monopoly, the world and major manufacturers are looking for and seeking alternative sources of supply. It's not just a monopoly issue, but one of security of supply and new innovation, including by the Chinese. T

Finance committee  The one company that was Canadian and has since been bought over by Molycorp was Neo Material Technologies. It was Toronto-based and had about 1,000 employees, and 900 are in China. In effect, it is not a Canadian solution, but a Chinese solution. This is not to batter the Chines

Finance committee  Organizations like General Electric, Siemens, the Asea Brown Bover, and the Europeans are looking for alternate sources of supply, as are the Chinese. Could the Chinese or any company in a free market system want to get acquisitions of those companies, that's possibility. But n

Finance committee  That's an interesting one. This would be member-driven: driven by solutions, not driven by research. The traditional terminology is R and D. What industry needs are practical solutions to bring projects into production. It would be membership-driven. The academic community can

Finance committee  Yes. Basically, CREEN is requesting funding support of $25 million over five years. The estimate will leverage Canada's leading rare earth resource position and technical reputation, cement Canada's position in global rare earth product supply chains and international trade, dev

Finance committee  Good afternoon, Mr. Chair and members. On behalf of the Canadian Rare Earth Element Network, known as CREEN, please accept our sincere thanks for the invitation to appear this afternoon. We appreciate being able to inform you about this compelling opportunity for the strategic a