Ranjeet Sundher
Chief Executive Officer & Director
- Extensive background with 25+ years of capital markets and experience successfully developing private and public companies in the technology, mining, resource, and software space
Tactical Resources is an exploration and development company focused on the rare earth elements (REE) that drive the green technologies of the future. Both the Canadian and American governments, alongside recognized industry economists, state that Rare Earth Elements are a critical resource, and establishing sustainable domestic supply is vital to securing North America’s strategic future. The versatility and specificity of REE gives them a level of technological, environmental, and economic importance considerably greater than might be expected from their relative obscurity.
Made up of 17 elements (15 lanthanides plus scandium and yttrium) nearly indistinguishable lustrous silvery-white soft heavy metals, they are fundamentally needed in advanced military and vital defense applications, as well as next-gen technologies including high-performance magnets, alloys, glasses, electronics, and low-carbon technologies such as the electric motors of generators in wind turbines as well as hybrid and electric vehicles. The metals are also used diversely in hard disc drives, portable electronics, alloy manufacturing, and the production of fuel cells and nickel-metal hydride batteries as well as the production of LCD and plasma screens, fiber optics, lasers, medical imaging, fertilizers, and in water treatment.
Tactical Resources has assembled a highly motivated team that understands the value and importance of REE. Through a strategy of accelerated planning and execution, the Company aims to seek out and develop prospective assets that meet its key criteria of quality, accessibility, and ability for near term development. Tactical Resources aims to help ensure domestic supply through diligent discovery and recovery of these critical minerals.
The White House announced plans to review gaps in domestic manufacturing and supply chains that are dominated by, or run through, “nations that are, or are likely to become unfriendly or unstable.”–CNBC
China produces 80% of the REE and has a monopoly on the production/supply with stringent control on the amount exported to the rest of the world.
Critical supply impacts technology applications due to unique magnetic, phosphorescent, and catalytic properties.
The risks of relying on China were highlighted by Beijing’s move in 2010 to cut off exports of rare earth elements to Japan, prompting a World Trade Organization dispute
Trump administration issued Executive Order 13953, declaring reliance on Chinese critical mineral export a national emergency. This also authorized the Defense Production Act to streamline the construction of domestic mines whilst prioritizing the expansion and protection of minerals in secured supply chains.
Tactical Resources aims to explore and develop North American rare earth resources; enabling technologies to power life-saving products, drive global economic growth, and help shrink the global carbon footprint.
The White House announced plans to review gaps in domestic manufacturing and supply chains that are dominated by, or run through, “nations that are, or are likely to become unfriendly or unstable.”–CNBC
China produces 80% of the REE and has a monopoly on the production/supply with stringent control on the amount exported to the rest of the world.
Critical supply impacts technology applications due to unique magnetic, phosphorescent, and catalytic properties.
The risks of relying on China were highlighted by Beijing’s move in 2010 to cut off exports of rare earth elements to Japan, prompting a World Trade Organization dispute
Trump administration issued Executive Order 13953, declaring reliance on Chinese critical mineral export a national emergency. This also authorized the Defense Production Act to streamline the construction of domestic mines whilst prioritizing the expansion and protection of minerals in secured supply chains.
Tactical Resources aims to explore and develop North American rare earth resources; enabling technologies to power life-saving products, drive global economic growth, and help shrink the global carbon footprint.
The White House announced plans to review gaps in domestic manufacturing and supply chains that are dominated by, or run through, “nations that are, or are likely to become unfriendly or unstable.”–CNBC
China produces 80% of the REE and has a monopoly on the production/supply with stringent control on the amount exported to the rest of the world.
Critical supply impacts technology applications due to unique magnetic, phosphorescent, and catalytic properties.
The risks of relying on China were highlighted by Beijing’s move in 2010 to cut off exports of rare earth elements to Japan, prompting a World Trade Organization dispute
Trump administration issued Executive Order 13953, declaring reliance on Chinese critical mineral export a national emergency. This also authorized the Defense Production Act to streamline the construction of domestic mines whilst prioritizing the expansion and protection of minerals in secured supply chains.
Tactical Resources aims to explore and develop North American rare earth resources; enabling technologies to power life-saving products, drive global economic growth, and help shrink the global carbon footprint.
Recognizing the long-term vulnerability of an over-reliance on Chinese REEs, then-President Donald Trump signed Executive Order 13817, identifying federal government priorities to increase domestic extraction of minerals, refinement processes, supply chain activity, and evaluating new material sources.
Later in 2020, the Trump administration issued Executive Order 13953, declaring reliance on Chinese critical mineral export a national emergency.
This also authorized the Defense Production Act to streamline the construction of domestic mines whilst prioritizing the expansion and protection of minerals in secured supply chains.
The United States and China compete across multiple sectors and regions for critical mineral and REE supply. However, Chinese dominance of supplies, exports, and refining capacity remains. In2020, China produced 140,000 tons of REEs, whereas the United States produced just 38,000 tons.
Production of rare earth elements and critical minerals, which serve as key components to several clean energy applications such as magnets in wind turbines and batteries in electric and conventional vehicles
Important for technology due to their unique magnetic, phosphorescent, and catalytic properties.
An estimated 1kg of REE can be found in a typical hybrid car.
Recognizing the long-term vulnerability of an over-reliance on Chinese REEs, then-President Donald Trump signed Executive Order 13817, identifying federal government priorities to increase domestic extraction of minerals, refinement processes, supply chain activity, and evaluating new material sources.
Later in 2020, the Trump administration issued Executive Order 13953, declaring reliance on Chinese critical mineral export a national emergency.
This also authorized the Defense Production Act to streamline the construction of domestic mines whilst prioritizing the expansion and protection of minerals in secured supply chains.
The United States and China compete across multiple sectors and regions for critical mineral and REE supply. However, Chinese dominance of supplies, exports, and refining capacity remains. In2020, China produced 140,000 tons of REEs, whereas the United States produced just 38,000 tons.
Production of rare earth elements and critical minerals, which serve as key components to several clean energy applications such as magnets in wind turbines and batteries in electric and conventional vehicles
Important for technology due to their unique magnetic, phosphorescent, and catalytic properties.
An estimated1kg of REE can be found in a typical hybrid car.
Recognizing the long-term vulnerability of an over-reliance on Chinese REEs, then-President Donald Trump signed Executive Order 13817, identifying federal government priorities to increase domestic extraction of minerals, refinement processes, supply chain activity, and evaluating new material sources.
Later in 2020, the Trump administration issued Executive Order 13953, declaring reliance on Chinese critical mineral export a national emergency.
This also authorized the Defense Production Act to streamline the construction of domestic mines whilst prioritizing the expansion and protection of minerals in secured supply chains.
The United States and China compete across multiple sectors and regions for critical mineral and REE supply. However, Chinese dominance of supplies, exports, and refining capacity remains. In2020, China produced 140,000 tons of REEs, whereas the United States produced just 38,000 tons.
Production of rare earth elements and critical minerals, which serve as key components to several clean energy applications such as magnets in wind turbines and batteries in electric and conventional vehicles
Important for technology due to their unique magnetic, phosphorescent, and catalytic properties.
An estimated1kg of REE can be found in a typical hybrid car.
The green technologies of the future—electric vehicles, wind turbines, drones, and more—depend on powerful rare earth magnets to turn energy into motion.
Without a consistent and trusted supply, the entire supply chain for critical magnetic materials has shifted to Asia, primarily China.
Today, China dominates the rare earth industry, producing over 80% of global supply.
Chief Executive Officer & Director
Director
Chief Financial Officer
Advisor
Mr. Vanry is a Chartered Financial Analyst (CFA) and Chartered Investment Manager (CIM) and is a member of the CFA Institute as well as the Vancouver Society of Financial Analysts. He brings over 25-years of professional experience in senior management positions with public and private companies, providing expertise in capital markets, strategic planning, corporate finance, mergers and acquisitions, regulatory compliance, accounting, and financial reporting. He is well regarded for his leadership, creativity, and ability to foster collaborative environments for team driven projects. His breadth of experience spans various industries, including mining, oil and gas, renewable energy, high-technology, and manufacturing.
Director
Mr. Mukhija brings over 15 years of experience in the mining industry including roles with global mining companies such as Teck Resources, Barrick, BHP Billiton, and TransAlta. Since 2018, Mark has been the General Manager (Australia) for Motion Metrics, an industrial artificial intelligence and machine learning company catering to the mining industry with a specific focus on safety and productivity. Mr. Mukhija is responsible for the P&L, business development, project management, and logistics of the Motion Metrics (Australia) operations. With BHP Billiton, Mark was responsible for life of mine planning and asset value optimization. At TransAlta, Mr. Mukhija began as the Engineering Team Leader at the Sunhills Mine with 14 direct reports and then moved into a capital planning supervisory role where he was responsible for a $60mm annual capital expenditure budget for the operation. Mr. Mukhija is a Professional Engineer and graduate from the University of British Columbia with a Bachelor of Applied Science in Mining Engineering (2003).