Justin Chan

Justin Chan, Head of Research at SCP Resource Finance, sheds light on China's overwhelming grip on the rare earth market, processing over 90% of heavy rare earth materials. He explains how this dominance affects the pricing of critical technologies like EVs and defense systems. The discussion reveals the harsh reality for junior miners, with many struggling to turn a profit. Chan also highlights the potential of the White Mesa mill in the U.S. to disrupt this monopoly, and examines the cyclical nature of metal prices, particularly uranium.