A recent Forbes article emphasized Indonesia's significant dependence on Chinese investments and how this reliance could limit its eligibility for U.S. market access under the Inflation Reduction Act (IRA). This scenario is echos China's dominance in the rare earths and critical minerals sector, which has sparked concerns in the U.S. and other countries like Australia and Canada. The good news is that the U.S. has domestic solutions via Minnesota’s Iron Range, where NewRange Copper Nickel’s NorthMet project and Twin Metals Minnesota LLC’s proposed Copper-Nickel-Cobalt project are poised to responsibly source nickel. Both projects could secure a stable domestic supply chain for nickel in addition to Lundin Mining Corporation's Eagle Mine in Michigan and reduce reliance on foreign-controlled sources. To learn more, please visit the link below: https://lnkd.in/dR5CCBW7
Dave Bozicevich
2mo
The only way these projects will get off the ground is when the left wingers are "down the road"!!
Let’s do this!! C’mon MN!!
Corp/Industrial Analyst | Consulting, Business Development, Logistics Management
2moThe recently approved "Hermosa Mine" located in Arizona containing manganese, zinc, lead, and silver was propelled by the FAST-41 process. A first of its kind. A new program to speed the process of permitting and approving development of metals deemed critical by the Dept. of Defense. While not a guaranteed approval the program streamlines the permitting timeline between state and federal agencies.