Medallion Resources will pop up on the US Department of Defense radar screen
Medallion Resources has provided a response to the Request For Information issued by the US Department of Defense which is considering its options to secure a safe supply of Rare Earth Elements for the domestic industries and for national security reasons. Considering Medallion is a Canadian company (and Canada is considered to be a domestic source) and should be able to initiate the production of REE concentrate relatively fast, we hope the DoD will see the value in using monazite as base input for the production of REEs as it would be easier and less capital intensive than rekindling the interest in North American mining projects.
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