Thank you, Mr. Chair.
You may not know all of this, but historically, the United States has had stockpiles of certain rare earth because of the applications and the need for it in their defence industries.
Could you comment on both the United States' stockpiles, historic and present, as much as you know, and also on other countries that may have something similar? I don't know if the European Union or Japan has stockpiles of it.
How does that play into future markets and possibly the future development of the industry in Canada?