Defense Metals (DEFN.V): “Changing the Fate of REEs in the West”
Purifying water with electrodialysis. Diagnosing ailments with MRIs. Feeding more people using better fertilizers. Reducing emissions with wind turbines and electric vehicles.
These technologies all have the potential to improve life on Earth. And all of them require on a reliable supply of rare earth elements (REEs). But rare earth elements are … rare, in that they are hard to get and in high demand.
What Country Has the Most Rare Earth Elements?
With 60% of the global mine production of REEs centered in China, the supply chain to North America and other regions is far from assured, as China accounts for more than 85% of the processing capacity.
Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) is banking that its 100%-owned Wicheeda Project in British Columbia, Canada, will help correct that imbalance.
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