Austin Devaney @AustinDevaney

Projected Growth in Mineral Demand (2020–2040) Lithium — 42x growth Graphite — 25x growth Cobalt — 21x growth Nickel — 19x growth Manganese — 8x growth Rare Earth Elements — 3x growth Copper — 2x growth

The World Cup has turned America into a discovery channel for the rest of the world. And they are not handling it well. In the best possible way. Here is what they are discovering: Free public restrooms. Europeans pay every time. Free water at every restaurant. Just appears. Free refills. Coffee. Sodas. Iced tea. Unlimited. Free chips and salsa before you even order. Free warm bread with dinner. Ice in drinks like civilized people. Air conditioning everywhere. Not a moral debate. A fact. Parking lots attached to the actual place you are going. Drive throughs where the food comes to the car while you sit in it. Ranch dressing by the gallon. Tex-Mex that cannot be explained only experienced. Dental care that actually works. Buccee’s. There are no words for Buccee’s. Then they found the grocery stores. Five of them within one mile. Each one the size of an aircraft hangar. Burgers. Steaks. Brisket. Ribs. Pulled pork. Lamb. Veal. Every cut of every animal ever domesticated by human civilization available in one refrigerated aisle at ten in the morning on a Tuesday. The Germans stood in the meat section for forty five minutes. In silence. Processing. They finally understand why we do not have trains. We have roads wide enough for the cars we actually drive. Parking lots the size of small European countries. Airports in every city worth visiting. Why would we need trains. The Germans are taking ranch home by the bottle. The Dutch found queso and briefly lost the ability to speak. The Japanese are photographing HEB like it is the Louvre. The Czechs are weeping in West, Texas. Welcome to America! The greatest country on earth.

This post encapsulates every junior startup in Australia. In Western Australia, we have a plethora of start-ups known as junior exploration companies. These companies discover almost all the mineral assets that major mines extract, which power the Australian economy. Typically, management leaves their high-paying jobs with the aspiration of building something significant. They take a risk to create something meaningful. Due to limited funds, they entice staff with equity incentives. These companies are funded by retail investors who dream of striking it rich with their after-tax dollars. They spend the money drilling holes, assaying samples, analysing results and building up mineral deposits. If they strike it rich, they spend more money, employ more people and bring in other parts of the industry, continuing the cycle. Ultimately, they either build a mine or a major takes them over, and shareholders pay their share of CGT to the government. Now, if we remove this incentive at the outset, none of this happens. Without an incentive to make it, why take the risk? Australia will never have a SpaceX under the new CGT laws. Everyone is happy to pay their way! No one is suggesting paying zero CGT. What we’re saying is don’t mess with a system that’s working perfectly for startups like exploration companies. This isn’t about creating housing for first-home buyers; it’s about a tax grab to fuel incessant out-of-control spending.

Hamza Khalid @humzaakhalid

2 weeks ago

4,400 SpaceX employees became millionaires last Friday. and there is only one person behind them. Elon Musk but this is not a story about Elon. it's a story about a welder from Mexico who didn't even know what SpaceX was. Juan Hernandez took a $28/hour contractor job in 2015.

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@mcuban It would be extremely difficult to follow this as Elon takes I believe nothing in salary/cash from SpaceX. I find it doubtful that people could have paid bills over the last 14 years with a promise of stock valuation.

@esherifftv Well that would be the lithium hydroxide plant in Robbstown ground breaking! Met you there!

Most don’t yet appreciate the strategic importance of the Titan Project and the valuable Xenotime mineral to U.S. supply chain security — or how Tennessee’s Big Sandy Critical Minerals Province could become the rare earth and critical-minerals equivalent of America’s Permian Basin. The true rare earth supply shortage is heavy rare earths — especially dysprosium, terbium and yttrium. These are the vital elements required for high-temperature permanent magnets, radar, semiconductors, advanced ceramics, hypersonics, aerospace and advanced defense platforms. This is why xenotime matters. Xenotime is the most strategically valuable rare earth minerals because it is highly enriched in yttrium and key heavy rare earths. Light rare earth-dominant mines and projects can produce large volumes of total rare earths, but they do little to solve the real U.S. supply-chain vulnerability: secure supply of the heavy rare earth elements Dy, Tb and Y. That is also China’s hidden strategic weakness. China may dominate rare earth separation, processing and magnet manufacturing, but its domestic heavy rare earth resource base is nearly depleted.  China is now reliant on imported heavy rare earth feedstocks from Myanmar and Southeast Asia. The U.S. response should not be limited to building downstream processing and permanent magnet capacity. Downstream manufacturing is only as secure as the upstream feedstock that supplies it. America urgently needs secure, long-term domestic heavy rare earth mineral feedstocks. That is where Titan and the large-scale Big Sandy Critical Minerals Province become strategically important. Titan’s xenotime-based heavy rare earth concentrate is enriched in dysprosium, terbium and yttrium — the exact elements that light-dominant rare earth mines and projects cannot supply. Titan is just the first high-grade rare earth and critical mineral project in Tennessee, and the bigger story is ‘Big Sandy’. The Permian Basin helped underpin American energy dominance because it was not simply one well — it was a vast, repeatable, infrastructure-rich resource system. The pre-eminent Big Sandy Critical Minerals Province has the potential to underpin the next era of American industrial power. IperionX, Titan and Big Sandy are the cornerstones for long-term American supply security across heavy rare earths, titanium and zircon minerals.  These are the critical feedstocks that can underpin the most important U.S. defense, aerospace, semiconductors, nuclear, robotics and advanced manufacturing technologies.

IperionX @iperionx

3 weeks ago

IperionX is pleased to release the Titan Project DFS, one of the most compelling, shovel-ready rare earth and critical minerals development opportunities in the United States. - NPV8 of US$813 million (post-tax) - IRR of 39.4% (post-tax) - 3.6 year payback The DFS outcomes are

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@globallithium @D_Jimenez_Sch If I had a nickel for every expansion / new supply announcement that did not meet the rosy projections I would have a lot of nickels.

@ESPNMcGee Ryan - thanks for writing this. I know this is hard for you because your time covering NASCAR coincides so closely to Kyle’s career. Prayers to the Busch family ❤️🙏

Follow @D_Jimenez_Sch if you want important insights into Lithium. He is one of the most experienced in the business.

Daniel Jimenez Sch @D_Jimenez_Sch

a month ago

China's battery production (EV + BESS combined) — my leading indicator of lithium demand — is up 49% over the last 12 months. That explains it (almost) all... Actually around 90% of global Li demand.

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@matt_fernley This could potentially be a case of propaganda to support reducing Spod pricing and bolster margins in the bust second half.

@EvanCranston @sparkes_dwayne That’s a loaded question. They each have challenges to overcome. A low grade brine using a DLE in a water scarce area that uses Nat Gas would be worse than a high grade Spod. Lepidolite would always be at the bottom due to low % and mica contamination.

@Tom__Bastien @TheAtlantic @AnnieLowrey Nope - a minimum tax for sure but a flat tax would end up costing low income earners and benefiting higher earners.

@ErnestScheyder You’re from Maine. What do you think? It would take a lot of will to open a mine anywhere but presumably should be harder on private land.

@D_Jimenez_Sch One thing I find different about this oil price spike and EV take up is that today there are many more model choices than in previous spikes resulting in a higher correlation between oil prices and EV adoption. @globallithium

@globallithium Where was this presented and who was the audience? That PR person should reconsider this tactic. Definitely weak platitudes.

@AlexSJacquez @Janeese4DC @kenyanmcduffie @RiniSampath @BarackObama Why have a law??

@sparkes_dwayne Dang - nice perspective mate! I agree that it really takes an OG geologist to go to the spots and stake a claim.

@AlexSJacquez Do you mean people who earn a million per year or people who have a million in savings?? A wealth tax is a horrible idea.

@Mith_ Thanks for that background - I sat in on Eric’s presentation a few weeks ago ago at IBS.