Dig Deep The Critical Mineral Driving Modern Technology with John Lee
In this episode, we chat to a returning guest, who appeared in October 2024 (episode 471). John Lee, CEO and Executive Chairman of Silver Elephant, but also the CEO of CleanTech Vanadium Mining Corp who are a listed critical mineral exploration company who acquired Campbell-Crotser Fluorspar project in Kentucky.
John has an Economics and Engineering degree, a CFA charterholder, and accredited investor who specializes in mining M&A, raising over $150 million through the TSX and TSX Venture Exchange for junior companies since 2009. He talks about the history of CleanTech, more about Fluorspar, including supply and demand, more about Kentucky as a mining jurisdiction, and his take on the precious metals at the moment.
KEY TAKEAWAYS
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Fluorspar is an essential mineral used in various industries, including nuclear power production, solar energy, EV batteries, and pharmaceuticals.
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The global production of fluorspar is heavily reliant on China, which produces 66 million tons annually, while the U.S. has no domestic production.
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The recent acquisition of the Campbell Prosser project in Kentucky positions Cleantech Vanadium Mining Corp to capitalise on the growing demand for fluorspar.
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Fluorspar prices have seen significant increases, with projections suggesting they could double or even quadruple by 2030 due to rising demand in critical applications and government initiatives aimed at self-sufficiency in mineral production.
BEST MOMENTS
"China produces today 66 million tons of fluorospar per year, and global production is 10 million tons. This creates a critical supply issue."
"The project is in an excellent location with over 30 neighboring fluorospar projects... and has excellent infrastructure."
"I think it's going to be within this current administration, you're going to see potentially doubling of the fluorospar price."
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
GUEST SOCIALS
https://ca.linkedin.com/company/cleantechctv
CONTACT METHOD
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/