The War is on for Strategic Materials in France

LiftonFebruary 23, 2014 — Jack Lifton, Sr. Editor of InvestorIntelReport provides a confidential synopsis for members of his participation last week in Paris at the French National Assembly Building (Parliament) for a roundtable “The War of Strategic Materials”. Attended by 20+ members of Parliament, plus an additional 250 members from the critical materials sector. Jack offers commentary and conclusions on his respective understanding of what was achieved at this event.

For starter, France does not produce domestically any of the technology materials needed to maintain its technological society. Cognizant of the fact that they (the French) are completely reliant on the Chinese, and very well aware of the increasing demand required for the build out of some of the most sophisticated technologies, this is the second time in the last year that Jack has been asked to come and speak on the issues surrounding strategic materials. In this honest commentary by Jack, he lays the foundation for understanding how the French perceive this dependence, and their respective priorities as they have the “…most comprehensive rare earth supply chain outside of Japan. They have the only large total rare earth separation plant in the world and the longest running one…”

What is particularly compelling is Jack’s insight into the refinery leadership, abilities and processing capabilities. He touches on how there is only one active project in Europe for production of rare earths, which is Tasman Metals in Sweden. He also discusses that the two priorities discussed: 1) They do not want to be dependent on China (for raw materials or finished goods) and 2) They want to preserve their culture, and maintain industrial survival.

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This commentary becomes even more fascinating when Jack discusses France’s role in producing most of the nuclear fuel for the world. To access this full interview, log into InvestorIntelReport, or click here to become a member


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Tracy Weslosky

About Tracy Weslosky

Tracy Weslosky is the Founder and CEO of InvestorIntel Corp., a company that publishes A leading e-news source for investors, entrepreneurs and industry leaders alike, InvestorIntel hosts global investment symposiums with the 6th annual Cleantech and Technology Metal Summit scheduled for May 15-16, 2017 at the Omni King Edward Hotel in Toronto. The co-founder and Vice President of Markethack Inc., a distributor of the Investor Intelligence Report, a monthly economic data report distributed to over 50,000 brokers in North America and Australia; Tracy has also been the President of the REE Stocks Company (2011-2014) and the co-owner at Weslosky & Cowans Ltd. an Exempt Market Dealer for 7 years (2005-2012). This boutique investment banking firm was the basis for a business reality television series distributed in nearly 300 million households, she has since won a Telly for producing investment interviews regularly featured on InvestorIntel. In the 90’s Tracy was a well-known music industry marketing director and spent several years working for the major record companies as a radio tracker after graduating from the University of Tennessee. A speaker, writer and an entrepreneur; Tracy provides investor relations consulting for Alkane Resources Ltd. (ASX: ALK | OTCQX: ANLKY), Chesapeake Gold Corp. (TSXV: CKG | OTCQX: CHPGF) and is a Board of Director member for Alix Resources Corp. (TSXV: AIX).
  1. Great…great….great commentary Jack! I listened to the full nearly 20 minute piece 3 times. The issues on nuclear fuel, technology metals — and even recycling and the European perspective, the French perspective was riveting. Thank you.

  2. It may be of interest that the French industry minister has just announced that the government will be setting up a state mining company with an investment of up to 400 million euros. One account describes the plan as to exploration for “everything from rare earths to gold”. (This was reported in the Paris daily, “L’Express”.)

    Initially the plan is to explore in French territories (particularly French Guiana) but the second tier is to try and get positions in Francophone Africa — that’s everything from Mauritania to Chad to Ivory Coast to Republic of Congo.

    • And so should the U.S. and Australian be trying to emulate those commies … , oh, excuse me. socialists? Let the French continue to tax the heck out of anyone or any company who/which has been successful and contributed to the economy, so that the tax money raised can be “invested”:, ever so wisely, by the government.

      • Oh dear, 400M Eu to create Le Jorc, Rhodia (now owned out of Belgium) must be shaking their heads in disbelief.
        Just what we need, some more “stuff in the ground” to chat about endlessly.
        BTW, would ‘French Industry Minister’ be an oxymoron, you know, one that turns off the lights when everyone has left.

  3. Hi Jack,

    if Rhodias La Rochelle is the worlds oldest and largest rare earth separatioin plant I wonder what you think about the worlds largest rare earth refinery in Malaysia.

    Former Rhodia president Eric Noyrez is chief executing officer of Lynas since march 2013.

    For me, that makes perfect sense.

    Thanks for your comments …


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  5. Yeah, I don’t get the state mining thing.

    I can’t think of a less efficient way to do anything than to give it to a government hack to run. Death sentence for that project.

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