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 welcome to CEO insights I'm Marilyn De Guzman with investing news.com my guest is Lloyd Kaiser CEO of dy6 medals an Australian Resource company with bried GLE Metals projects in Malawi good to have you Lloyd thanks Marilyn nice to be here yes good to see you again so let's talk about um you know last year China which is the world's largest producer of rare earth announced an export ban on rare Earths extraction and separation Technologies yeah I want to get your comments you know what consequences do

you see this bringing to Global Supply and on the other like on the opposite side of that what opportunities do you see here yeah look um for actually for some time actually separation technology has been um banned from from China um and this is the solvent extraction produces the the finished Rare Earth Products um but more recently is it was extended um to extraction and beneficiation the other parts of the process um so look you know I think for a long time many companies um that are doing research on

their projects whether they be in in North America or Australia um have relied on TR and technology and have also had alliances with researchers in China and China has a very strong R&D and Development Centers you know they've got thousands of researchers um it covers the entire value chain and also every element in the um the lonite series so I guess um you know they're trying to protect their interest you know doesn't want to share anymore um and perhaps the West have already had enough of

advantage for today know for a number of years um I know that there's many technology groups or groups that have always been interested to assist and with um overseas explorers and their development uh and those participants probably still would like to but the government has cracked out on this now so look there's going to be obviously a gap um extraction technology you know it's complex it's individual for those projects um a lot of R&D is also left to smaller explorers you know for a number

of years you know most of them have relied on as I said on China so you know what's next I think that um governments I think I would like to see probably and I think it will happen I think we'll see more Government funding um for support R&D we might even see a step further where we'll see this sort of um Rare Earth sort of research centers or maybe sort of re research institutes that are mostly already funded by the public sector um being supported by the government I think that'll be the

initiatives that are probably going to go forward through here to help build that that R&D technology as ch right so for your particular uh I guess from your projects perspective you're focused on U very specifically you know this prum turum and ndpr yeah so these are considered critical but also strategic medals could you uh explain why these are considered strategic and why should investors pay attention to these elements yeah so look dy I mean ND TV um they are still critical along with

other materials like lithium cobal graphite you know because they all enable this this green energy uh technology while they're obviously needed an abundant supply for for energy clean energy future I guess there's a number of reasons to dis spros topr to be considered strategic um there's limited Rare Earth producers you know outside of China and the value chain outside China is also less compelling um it's been more expensive for a long time I think the global competitiv competitiveness of China's

also put a bit of a damp up on um operators outside of China Japan had lots of um supply chain operations that had closed so China's dominance of rare earth has been overwhelming and the government C is their Rare Earth Resources strategic and China's protecting their interests um you know and I think the rest of us are sort of bable to what's happening um and also potential Market manipulation and so look probably the another analogy is that when you look compare it to say lithium um you know

there's lots of producers outside of China there in there's plenty in Australia there's plenty sort of available in in Canada or North America lots of good quality deposits um that could easily come into production all those Supply chains are well connected you know through Korea um and and Europe you know so form that battery Alliance um but you know when you look at the dominance of What's Happen R there's really only two major what we would call Strategic producers it's

China I mean it's lonus it's in Australian MP materials that's in the US there is smaller operators um but you know they're not really they're supporting the supply but not necessarily the Strategic aspect so when some of the drivers that we see that from end users that want these products it's not about price it's always about security of supply and and re Rees or these types of Rees they're they're essential of course for EVS but um they're also used for National

Defense in military application so they are strategic yeah so you know as we're talking about you know alternative sources of um all these critical Metals in especially rare Earths uh there's a recent statement by the United States Institute of Peace where a washing a Washington based uh think tag you know saying that the US needs to bolster relations with African nations as it strives to secure more critical minerals and reduce dependence on China as a company that's operating in in in Africa

what are your thoughts on this and are you seeing this um any indication of this US Government um strategy to um you know boost relations with other nations such as Africa yeah look I think there's lots going on here I mean maybe maybe four or five years ago I'm not so sure the US spent a lot of time with partnership with with African nations but they obviously stepping up efforts to boost boost their relationships um you know Africa offers a lot actually in terms of it's rich and critical materials and then

know could also help um secure Supply so I think being well endowed with critical materials and know lies the opportunity um for the US and I think they understand that and perhaps you know if they have been left out of these Partnerships trade deals and other discussions the US is probably start to incorporate them in with you know so I think it's imperative because when you look at you know what they've established so far um with Minal security bages with Japan Australia India or Korea um you know there's a lot more

they want to actually achieve their their outcomes in the future of for Supply they really need to be bit more broader and look at Africa you know and also you know prevents you know the presence of others like China and and the Arabic Nations that are spending a lot of time there so look from from my perspective I mean I'm my projects are in Mala I mean I think the government of Mala would like to see more support from the US to assist with infrastructure and that would also then help with with all

the mining companies you know coming into fruition um I think the US has played an important role in emphasizing you know the the role of critical minerals and how important it is for the global demand and so lots of nations in Africa they they have actually um stop sort of selling or or unprocessed critical materials you know like concentrates they want to see more Downstream so I think that that's starting to emerge you know what would be really important for Africa and also for a lot of um these critical mineral

projects that are in in Africa and or in Bala you know there's several rare projects that we saw them saw some introduction of Africa or some of these nations into that inflation reduction act you know open that door up because they create the newus market support projects you know in Africa and also then funding because eventually that products could then go into the us so I think there's I think it's there's going to be lots of developments over these next um sort of two to three years so

and this is probably a good time to sort of provide an overview and updates on the projects that you have in Malawi and what make these projects uh compelling assets yeah so look and we've had going through pretty exciting phase at the moment so um this week we actually had an announcement of a a rare of cin like um project um called tnd dulu um added now to our other other projects that are in malarious here we have two other Rare Earth Project one's a heavy Rare Earth Project and then we have other um

prospects for lithium that are in Northern Mila um it's been pretty exciting news this week with that project you know it has the potential to um produce a cable Minal resource estimate um and it's the type of rare earth that that can be potentially easily upgraded and can supply the market so um I think for some time um dy6 has been undervalued um and I think the market is just starting to see that this type of project can move now from that to the next stage which is probably the development of a mineral resource and

then future development um for or DFS or F studies and also Project funding great well thanks again Lloyd for joining me today and sharing your company news and your thoughts on what's going on in the market right now thanks Marilyn L to speak to you me too and thanks everyone for watching join us again next time for another edition of CEO it site if you like this video make sure you subscribe to our Channel and turn on notifications so you don't miss future updates and interviews see you next time

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