Defense Metals (DEFN.V): “Co. Has What it Takes to Ease Global Demand for REEs”

Analyst coverage on Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) was recently initiated by Noble Capital Markets given the mining company’s potential to help supply rare earth elements (REEs) to the world, reported analyst Mark Reichman in a March 16 research note.

“Defense Metals is well-positioned to benefit from growing demand for rare earths (REs) for use in electric vehicle batteries, metal alloys and advanced technology applications,” Reichman purported. “We anticipate more activity in the rare earths and critical minerals space as capital flows to attractive opportunities, including growing demand for RE and critical minerals, limited supply sources and increasingly supportive government policies.”

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