Congratulations to our client, Nyrstar, for their participation in the launch of an important whitepaper on the key steps needed to secure domestic critical mineral and metal supply chains.
Nyrstar’s Daniel Zaluski took the stage at a July 11 event in the US Senate in Washington DC, USA. Special guest and keynote speaker at the event was US Senator John Hickenlooper. Nyrstar contributed and was invited to participate in the launch of a report on securing the US’ critical mineral supply chains. The whitepaper, developed by the Bipartisan Policy Center (BPC) in cooperation with the American Critical Minerals Association and other partners, addresses the need to further commercially derisk investments in domestic critical minerals and metals capacity. Nyrstar’s Zaluski focused his remarks on the role Nyrstar can play in supplying the U.S. economy with germanium and gallium and what’s needed – from a derisking point of view – to make that happen as the market for critical minerals such as germanium and gallium is highly volatile due to geopolitical tensions, supply chain disruptions, and fluctuations in global demand. 👉 To remain competitive in the global market, companies and governments need to secure a stable supply of critical minerals. However, no current primary production capabilities of either germanium or gallium exist in the US. 👉 Nyrstar is proposing to expand its Clarksville, TN production facility to include state-of-the-art germanium and gallium recovery and processing. 👉 The project will establish the only domestic primary production of germanium and gallium, and increase production of zinc at Nyrstar’s Clarksville Smelter, the only primary zinc refinery in the US. Huge thanks to BPC, ACMA, our partners and Senator Hickenlooper for their support in this effort, we look forward to continuing discussing federal policies to address market volatility. Check out the report here: https://lnkd.in/egwpQYth #Nyrstar #USsenate #derisking #pricefloor #criticalminerals #tennessee #clarksville #zinc #germanium #gallium #BPC #ACMA #USA #independence #autonomy #strategy #volatility #metals #mining #expansion #investment