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AnorTech Inc HUDRF


Primary Symbol: V.ANOR

AnorTech Inc., formerly Hudson Resources Inc., is a Canada-based technology company. The Company is focused on the development of green technologies made from anorthosite (aluminum calcium silicate) rock. The Company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems. The Company owns 100% of the Gronne Bjerg Anorthosite project in Greenland, which is located southwest Greenland near the capital city of Nuuk. The Project hosts a quality anorthosite (calcium aluminum silicate) body. The Company also has a 5% carried interest on the Sarfartoq rare earth element project in Greenland, partnered with Neo North Star Resources. The Sarfartoq carbonatite project hosts an advanced rare earth element project rich in neodymium and praseodymium.


TSXV:ANOR - Post by User

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Post by Digby8on Sep 10, 2020 8:33am
149 Views
Post# 31532065

Critical Raw Materials for Strategic Technologies

Critical Raw Materials for Strategic TechnologiesThe European Commission's foresight study on critical raw materials for strategic technologies and sectors is very informative: 
https://ec.europa.eu/docsroom/documents/42881/attachments/1/translations/en/renditions/native

See the cover page graphic and another on page 81. Here is a brief excerpt from page 77:

The main concerns about the ultimate future supply capacities for selected material are the following. For REEs (dysprosium, neodymium and praseodymium), end-users outside
of China will remain vulnerable on China’s dominance of the global rare earth value chain (mining, oxides, metals, alloys and magnets) in the foreseeable future. The rising annual demand for neodymium and dysprosium globally will significantly exceed global annual production by 2030. After the depletion of historically accumulated reserves, shortages are foreseen in case additional sources of supply are not developed (Adamas Intelligence, 2019). Dysprosium is more vulnerable to supply deficit due to its low natural relative proportion in most REE ores.



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