Hey guys, Dave here, and welcome to Path to Profits. There’s a lot of exciting stuff going on in geotech, strategic materials, and finance… You see, no one covers this space like we do. So every week, I’ll highlight the top hotspots gaining momentum in the media. It’s how we find our best money-making opportunities, just ripe for big gains. Check out this week’s top hotspots below to find out which trends are gaining traction… including how rare earths popped last week on Pentagon funding… | This Week's Top Hotspots ➤ The Pentagon okayed controversial rare earth metals funding. Reuters reported defense officials will proceed with grants for domestic producers Lynas and MP Materials. This comes after the Department of Defense temporarily suspended funding in April following concerns about minority Chinese ownership.  ➤ America's biggest rare earths firm went public. California miner MP Materials will list on the NYSE with a $1.5 billion valuation. Institutional investors committed $200 million in new equity, betting on rising demand for rare earths from the high tech, 5G, and defense sectors.  ➤ BMW struck a deal for "premium" cobalt supply. The carmaker will buy over $100 million worth of the battery metal from Morocco miner Managem. BMW is struggling to avoid cobalt supply from top producer Democratic Republic of Congo over social concerns – even as demand surges from the electric vehicle sector.  ➤ China launched its first independent mission to Mars. The Tianwen-1 probe successfully took off from Hainan Island in the South China Sea. The vessel will take seven months to reach the red planet, then deploy a rover to explore the surface. The launch comes just after the U.S. unveiled aggressive plans for space expansion.  ➤ Elon Musk begged mining companies for more nickel. During an earnings call, the Tesla CEO said he would give a “giant contract” to miners producing the key battery metal, and prioritize nickel mined in an efficient, environmentally sensitive way.  Keep walking the path,  David Forest Editor, Path to Profits P.S. If you have any questions or comments about Path to Profits, you can send me a message at feedback@caseyresearch.com. |
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