Natural Resources committee  I can't tell you with respect to China, but I can tell you when we really take a look at all the resources outside of China, that the resources available in our particular mine, or our particular mining area in northern Quebec, is greater than all of the rest of the projects comb

Natural Resources committee  We have the resource available, and essentially the big market is sitting to the south of us. It's very easy to access that market. In terms of our overall strategic development with that market, this is something that we have to balance. How do we develop it, how fast do we deve

Natural Resources committee  That's a tough question. You have to balance essentially three things. You have to balance whether you hold the resource in the ground. The second thing you have to balance is what the marketplace is going to do. Will there be other sources of supply? The third thing you have to

Natural Resources committee  That's a really loaded question. I think the first thing we did was we essentially recognized that there is an issue. I mean, how was it possible that we could actually let ourselves get into a position where one state controlled so much of a product that is vital to all economie

Natural Resources committee  I believe several of the components can be recycled. In fact, that is something that the Americans have been trying to do, taking a look at actually recycling some of these components. However, in the case of Torngat, our process really incorporates both. It incorporates the min

Natural Resources committee  Within the next three months. You've been working on it for some time.

Natural Resources committee  Yes, absolutely.

Natural Resources committee  Absolutely.

Natural Resources committee  Well, essentially, to talk in terms of how you.... The first thing you have to address is how you finance this and be given access, essentially, to some of the funding mechanisms. The problem is that we've looked at umpteen funds that have been administered, but there aren't any

Natural Resources committee  That's the image I just tried to paint for you in, let me call it, too subliminal a manner. Again, think of all these industries sitting on this pinpoint, the rare earth industry. That rare earth industry is today controlled by China. We have the ability in Canada to step in and

Natural Resources committee  The rare earth elements play a part in literally.... There is nothing in the new industry that rare earth elements don't play a part in. You just look around. Anything you have that's technological, there are rare earth elements in it, whether it's in TV screens to make them brig

Natural Resources committee  First of all, I won't comment on the mining sector as a whole, but I will comment specifically on the rare earths. The issue on the particular rare earth situation is that when you have a country like China controlling so much of the world's supply, they can move that commodity

Natural Resources committee  I won't comment on the fact that it is being used as a power tool. Let me suggest something, a way for you to take a look at it as the Government of Canada. Think in terms of, let me say, a triangle. You have trillions and trillions of dollars of industry sitting on one particul

Natural Resources committee  I can, yes.

Natural Resources committee  I'm very happy you asked that question. That's exactly where I'd like to go. We can produce the rare earth oxides for sale in Bécancour, Quebec. If we stop there, while in essence other countries or other places have the ability to develop further along what I call the value cha