Rare earth metals are integral to the information age and up until just recently, China produced over 90% of the world’s rare earth metals. Back in 2010, China cut back production by 72% to ensure sustainability.
Companies like Defense Metals (DEFN.V) are hoping to capitalize on this production void with its high tech metal portfolio in both BC and the Athabasca Basin. Now that the trade war is in full swing, Defense Metals could see a boon.
Equity.Guru’s own Fabi Lara, takes a closer look at the company, the sector and what investors can expect over the next 12 months. Tune in!
Full disclosure: Defense Metals is an Equity.Guru marketing client.Disclaimer: ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.