Natural Resources committee  Unfortunately, I believe they may realize that the race has begun but they haven't taken action yet to support the development of this industry in Canada. There is significant investment by.... China of course has really dominated this industry. They saw decades ago that this was

Natural Resources committee  That's an excellent question. In my opinion, we are already far too late to be just thinking about these questions. Other foreign governments are already investing heavily to protect their own security of supply. Canada has really procrastinated on this issue. It needs to act imm

Natural Resources committee  I believe a study has been completed on that. It was referred to in an earlier hearing. I don't have access to that study, but the economic impact would be very dramatic. I hope that REITA, the organization.... Perhaps Dr. King could elaborate a bit on that. They've done an econo

Natural Resources committee  For Pele Mountain Resources, the mine and milling operations to produce the mixed rare earth concentrate would be about 350 jobs on site in Elliot Lake. We've not completed the studies yet to show what the spinoff benefits from that are. Bringing a separation plant into Canada wo

Natural Resources committee  First, it's important that Canada come out and absolutely declare its commitment to developing this industry in Canada and to providing the support necessary to do that, and to do so in a timeframe that will allow it to win the race. We have to be mindful of the fact that there a

Natural Resources committee  There are indications that China does have a long-term plan, that they have increasing demand for especially the heavy rare earths, and that they are seeking other sources around the world, including here in Canada, to supply their own needs in the long term.

Natural Resources committee  Thank you, Mr. Chairman. In 1992 Chinese leader Deng Xiaoping said that the Middle East has oil, China has rare earth. China recognized back then that rare earths would be profoundly important in the future. Since that time, China has decisively executed a national strategy tha