I’m beginning to think there probably is virtually zero chance of recouping funds invested in these little wannabe rare earths miners/refiners if one has been in them for any length of time. 400% and 5OO% increases in a stock price is unrealistic. The question then is, when to dump them. I’ve never been down this much with stocks. Thoughts?
Big news! Hold out for higher price!
The participation of the US Department of Justice and Department of War makes unblocking the rare earth project next to MP Materials Mountain Pass project all the more likely. After a 60% SP rise yesterday, the stock is up another 30% on the ASX during the Noon hour in Sydney. Don’t expect this will keep going straight up!
What will that mean? Jan 1 embargo date for Chinese sourced magnets eliminated or pushed back? Other concerns?
Hopefully, some picked up at least a little EMAT I’ve been recommending. It’s up 20% today and just moved above the psychological $4.00 barrier. This battle probably will continue today. Be curious to see if closes above that level. In relatively short order, this will be the American company with the largest rare earth magnet production. With most everyone stuck on MP, USAR and UUUU with almost a family-like loyalty, this little gem has stayed under the radar. Maybe not for much longer!
Metallium Limited (ASX: MTM) announced on September 1, 2026 that its U.S. subsidiary, Flash Metals USA, secured a US$1 million Phase II Department of War (DoW) award.
The funding is intended to advance Metallium’s Flash Joule Heating (FJH) technology for recovering critical metals—particularly gallium—from alternative feedstocks in the United States. The award follows the company’s successful completion of a Phase I SBIR program and supports further development toward domestic critical-mineral supply.
flashmetalsusa.com
The announcement is significant because it provides non-dilutive government funding while helping Metallium progress its U.S. commercialization strategy. The company is developing FJH applications for metals including gallium, germanium, antimony, indium, rare earth elements, and precious metals.
Up 18% today and might very well be heading back to its 52 week. That’s a 500% gain. My bet is that it will soon be mentioned right along with MP and USAR when America rare earths companies are discussed. One of the largest rare earths magnet 🧲 manufactures within the year. Meme candidate.
>!Critical minerals/rare earths? Pending Xi/Trump meeting probably will rule out extreme measures on both sides, but mixed message.!<
Australian rare earths miner/refiner Lynas is in talks to acquire ionic clay deposits around the world. Australian Meteoric Resources just happens to have the world’s largest ionic clay deposit in Brazil. Seems that would be a perfect marriage.
“Interim CEO Pol Le Roux said Lynas is in talks with project developers of ionic clay deposits around the world for new supply and expects to announce new deals soon.”
Trump’s latest in terms of federal critical minerals support is a “Do Magnets” drive. Such names as MP and USAR immediately come to mind. But another and much smaller one also should and will be and that is EMAT, a much purer magnets play. Often these grants go to little niche companies and this could be one of those. This article even refers to an “An Intel-like rally”. That’s what I’ve been talking about with Evolution Metals & Technologies” (EMAT).
Headline and passage for a today’s NYT article makes it clear that China may again use critical minerals as an economic weapon.
Why China Thinks It Can Resist Trump’s Economic Threats on Iran
Beijing can squeeze U.S. critical mineral supplies and has enough oil to withstand the loss of Iranian crude, Chinese analysts say.
“One major reason that pressure may backfire against the United States is that China is equipped to cut the supply of critical minerals to American companies, including makers of U.S. weapons, which have been depleted because of the war.
China demonstrated the power of this chokehold when it forced Mr. Trump to pause a blistering trade war last year by cutting off its critical minerals exports. That détente has largely held.”
Yep, got one right—my nose didn’t fail me— up 32% on 7X volume. Still smells sweet.
Posted in yesterday’s Open Discussion:
“Picked up some Evolution Metals and Technologies (EMAT) a couple days ago. One never knows with these little and very speculative penny stocks. But I’ve been at this for 60 years now and I think this one “smells”, yep I’d call it that, like a winner—composite of a bunch of non-quantifiables. I’m looking for a 3 or 4 bagger on this still largely under the radar stock.”
Had not even heard of the company until reading this article today. This passage is interesting if proves accurate:
“In May, EM&T placed a binding order with ULVAC Korea for thirteen high performance sintered magnet machines, scheduled for delivery in November 2026, which management projects would, on commissioning, lift annual capacity toward roughly 10,000 metric tons, including some 6,000 tons of high performance sintered product, against roughly 660 tons of disclosed capacity today. That is two months before DFARS goes live.”
But the only way to be sure with these little drone-related companies is if Jr. or Eric own a piece of the company!
Perhaps the recent injunction regarding Dateline Resources California Colosseum Mine project has implications that will reverberate nationally. This situation may set a precedent for how similar mining claims in protected areas are handled, particularly regarding the recognition of "Valid Existing Rights" in ongoing and new legal disputes. This would be a major impediment to the Trump administration’s domestic mining push. Might he personally take action, or will the National Parks Conservation Association control the nations mining?
A federal court judge has granted a preliminary injunction halting new mining operations at their California Colosseum Mine. Surprise, surprise it was the National ParksConservation Association that sued to stop the project. The US Department of Justice will join in the appeal. When will these green nuts realize that the country’s critical minerals and very security might actually be more important than a species or turtle or plant? I wouldn’t be surprised to see Trump enter the picture to keep this project alive. He already has a personal interest in the project along with Department of Interior Secretary Burgum.
As part of a planned data center in Pecos County, Texas, Amazon is investing in an on-site power plant that could become the largest source of climate pollution in the United States. Seattle’s Climate PLEDGE Arena must be renamed the Climate Faud Arena. The current name is a serious case of false advertising and an insult to the community’s intelligence.
Suggested elsewhere that just perhaps this long overdue reversal just might have begun????
Non-binding supply agreement with Ucore, South Korean giant POSCO and Neo Performance Materials.