Tesla (TSLA) after gaining by $89.03 on Thursday to finish last week at a new all-time closing high of $1,208.66 per share, is currently up by $70.78 to $1,279.44 per share in pre-market trading! As we enter the 2020 election season... President Trump is going to make sure that the #1 most important issue becomes America's overdependence on China for imports of critical minerals. According to U.S. Secretary of Energy Dan Brouillette, "Until our country can start mining and refining more of these materials or develop commercially viable substitutes, we must recycle as much critical mineral and REE content as we can from existing products."
Secretary Brouillete said in an article published last week, "There are two promising developments on recycling out of our labs."
Secretary Brouillete explained, "The first involves using a high-speed shredder that turns old computer hard drives into scrap containing significant amounts of REE content. Our scientists apply an acid-free recycling process to the scrap that recovers REEs with greater than 99-percent purity, reducing the steps involved in the previous process and lowering recycling costs. The second involves recovering nickel, cobalt, and manganese from disassembled electric vehicle battery packs. A recent American Manganese Inc. project, on which DOE partnered, generated recycled products with purities greater than 98-percent of the 3 critical minerals."
American Manganese Inc. (TSXV: AMY) is a publicly traded company, which closed last week at only $0.205 per share with a market cap of CAD$37 million. Secretary Brouillete's acknowledgement of AMY's technological success says a lot about AMY's potential to become an industry leader in this field!
To read his full article go to: https://www.realclearenergy.org/articles/2020/06/28/how_america_can_win_the_critical_minerals_battle_against_china_497456.html
AMY also has a U.S. symbol: AMYZF.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from AMY of USD$30,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.