Weslosky interviews Lifton on the rare earth processing and magnetic material advantage
August 6, 2014 — Molycorp (NYSE: MCP) announced at market close today their financial and operating results for the second quarter 2014. As such, I have decided to push out the discussion I had with Jack Lifton, Founding Principal of Technology Metals Research (TMR), LLC yesterday morning for publication this evening.
In our conversation we discuss his recent business trip to France, the mandatory processing plan-of-action required for a junior rare earth company to advance towards production; and the competitive advantage of rare earth companies that have magnet materials.
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Jack who has just returned from almost 2 weeks in France, starts by answering the question I really wanted to know, which was — what was he really doing there? Jack describes broadly the mission to tour two different companies that specialize in processing critical materials. His recent article Processing, not just Production, is the Key to Survival for a Rare Earth Junior was the 2nd most viewed article on InvestorIntel last week, so I asked him to provide his leaders’ list. This said, I will make you watch the video versus providing the normal shortcut in listing this for you for you to appreciate the subtleties in his position.
Additionally, Jack and I discuss bill HR 4883 and the efforts towards getting the U.S. government to build a central rare earth processing station.
There were numerous topics discussed, but Jack’s commentary on the lack of collegiality in the sector, and his redirection on why North America and Europe should be seeking their own source of rare earths is a compelling one – worth listening to. Jack’s comment about the industry events being more like “I spy, then networking events” included a challenge for me to host another event.
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Tracy Weslosky is the Founder and CEO of InvestorIntel Corp., a company that publishes InvestorIntel.com. A leading e-news source for investors, entrepreneurs and industry leaders ... <Read more about Tracy Weslosky>