COMPANY

RARE EARTH ELEMENTS (REE)

An estimated 1kg of REE is found in typical hybrid vehicles

  • 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.” —CNB
  • China produces 80% of the REE and has a monopoly on the production/supply with stringent controls on the amount exported to the rest of the world.
  • Critical supply impacts technology applications due to unique magnetic, phosphorescent, and catalytic properties.
  • REE’s are a group of 15 elements of the lanthanide series in the periodic table of elements plus scandium and yttrium (due to pronounced similarities).
  • REE’s do not occur in a native form (like gold or copper) but are found within different minerals (i.e.: bastnaesite & monazite).

     

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.

RARE EARTH ELEMENTS (REE)

An estimated 1kg of REE is found in typical hybrid vehicles

  • 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.” —CNB
  • China produces 80% of the REE and has a monopoly on the production/supply with stringent controls on the amount exported to the rest of the world.
  • Critical supply impacts technology applications due to unique magnetic, phosphorescent, and catalytic properties.
  • REE’s are a group of 15 elements of the lanthanide series in the periodic table of elements plus scandium and yttrium (due to pronounced similarities).
  • REE’s do not occur in a native form (like gold or copper) but are found within different minerals (i.e.: bastnaesite & monazite).

     

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.

RARE EARTH ELEMENTS (REE)

An estimated 1kg of REE is found in typical hybrid vehicles

  • 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.” —CNB
  • China produces 80% of the REE and has a monopoly on the production/supply with stringent controls on the amount exported to the rest of the world.
  • Critical supply impacts technology applications due to unique magnetic, phosphorescent, and catalytic properties.
  • REE’s are a group of 15 elements of the lanthanide series in the periodic table of elements plus scandium and yttrium (due to pronounced similarities).
  • REE’s do not occur in a native form (like gold or copper) but are found within different minerals (i.e.: bastnaesite & monazite).

     

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.

TEAM

Ranjeet Sundher

Chief Executive Officer & Director

Kuljit (Jeet) Basi

Director

Abhishek Tamot

Director

Matt Chatterton

Director

ADVISORY BOARD

Garry Clark

Advisor

OVERVIEW

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.

Ranjeet Sundher

Chief Executive Officer & Director

Mr. Sundher is the President of Canrim Ventures Ltd., a Singaporean advisory firm specializing in early stage project finance and structure. He has raised over $50 million for companies in which he was a founder / partner. Ranjeet has lived in Asia for the last 20 years and has 25 years of capital markets experience. He has developed and sold several successful private and public companies in the technology, resource and software space. Mr. Sundher is a director of Canrim Ventures, DeepMarkit Corp., Bolt Metals Corp. and Brigadier Gold Ltd.

Kuljit (Jeet) Basi

Director

Mr. Basi is an established mining industry professional with over 15 years of technical leadership experience in global public mining companies including Newmont, Goldcorp and Teck Resources. Jeet has a passion for growing a collaborative culture of technical excellence focused on maximizing Net-Asset-Value (NAV). Mr. Basi most recently held the position of Senior Advisor, Newmont North America, where he was responsible for implementing industry leading best practices in the areas of technical services, project development, and strategic planning across all of Newmont’s Canadian, U.S., and Mexican assets. Prior to Newmont, Mr. Basi held the position of Corporate Manager of Processing & Metallurgy for Goldcorp. During his eight-year tenure with Goldcorp, Mr. Basi established a track record of delivering bottom-line growth across major assets within the global portfolio. Specific value-adding highlights include $500M NAV improvement at the Penasquito mine, $300M NAV improvement at the Los Filos mine, and $100 NAV improvement at the Coffee Gold Mine Project. Prior to Goldcorp, Mr. Basi spent five years at Teck’s Highland Valley Copper operation where he most notably facilitated the mill optimization and expansion projects resulting in an opportunity to increase annual free-cash-flow by $25M through increased metal recoveries. Mr. Basi brings extensive due-diligence knowledge in the M&A space in both acquisition and divestment scenarios. Mr. Basi is a well-recognized industry professional and has contributed multiple publications within the technical community. Mr. Basi holds a Bachelor of Applied Science in Mining and Mineral Process Engineering from the University of British Columbia with a Minor in Commerce.

 

Abhishek Tamot

Director

Mr. Tamot currently serves as the VP of Business Development for Fortuna Investments, a private investment and advisory firm. Mr. Tamot is an experienced financial services professional with vast knowledge in capital markets. He has been an integral member of emerging businesses that have raised millions of dollars in venture capital. Previously, he worked at a successful asset management firm with over $19 billion in assets under management and prior to that he worked on the wealth management team for a top tier Canadian bank. Mr. Tamot holds a Bachelor of Commerce degree from the Business School of Humber, specializing in eBusiness Marketing.

Matt Chatterton

Director

Mr. Chatterton brings over 18 years of experience in development and execution of projects. His expertise includes project management, facility management, logistics, and supply side processes and procedures at a number of international operations in Canada and internationally. As a chemical process engineer, he was in charge of project execution at FLSmidth Knelson for 12 years. He has been involved in the public markets for the last three years managing IPO processes and transitioning businesses to post listing operations. Mr. Chatterton is a Professional Engineer and graduate of Canada’s Queens University with a Bachelor’s degree in Engineering Chemistry (2001) and Master’s degree in Chemical Engineering (2003).

Garry Clark

Advisor

Mr. Clark is the Executive Director of the Ontario Prospectors Association (OPA). He has been a Director, Vice President or President of OPA since its formation in the early 1990s. Mr Clark currently serves on the Minister of Mines Mining Act Advisory Committee (Ontario) and the Ontario Geological Survey Advisory Board. He graduated with an HBSc (Geology) from Lakehead University, Thunder Bay. Mr. Clark brings to the company extensive experience in managing large scale exploration and development programs internationally including Asia and North America. In addition to over 30 years of consulting experience, he held geological positions with a number of mining companies and has served as a director of public companies.

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