TMRC (Texas Mineral Resources Corp.) is a Canadian company that is developing a novel technology for separating rare earth elements (REEs) called RapidSX™¹². REEs are critical for green energy and defense applications, and China currently dominates the global market for them³. TMRC has received funding from the U.S. Department of Defense to test and commercialize RapidSX™ for both light and heavy REEs. TMRC has also acquired a facility in Louisiana, where it plans to process 2,000 tonnes of total rare earth oxides (TREOs) by the end of 2024, scaling up to 5,000 tonnes by 2026¹². TMRC's Bokan Mountain project in Alaska is considered to have the highest grade of heavy REEs in the U.S.¹.
If you want to learn more about TMRC, you can visit their website², or check out their latest stock price, news¹, and financial reports.
Source: Conversation with Bing, 1/1/2024
(1) Texas Mineral Resources Corp. (TMRC) - Yahoo Finance. https://finance.yahoo.com/quote/TMRC/.
(2) Texas Mineral Resources. https://tmrcorp.com/.
(3) Texas Mineral Resources (TMRC) Stock Price, News & Analysis - MarketBeat. https://www.marketbeat.com/stocks/OTCMKTS/TMRC/.
(4) Texas Mineral Resources Corp (TMRC) Stock Price & News - Google. https://www.google.com/finance/quote/TMRC:OTCMKTS.
(5) TMRC | Texas Mineral Resources Corp. Stock Price & News - WSJ. https://www.wsj.com/market-data/quotes/TMRC.