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Government Stockpile Programs
There has been growing strategic and national security interest in the need to secure the supply chain for critical materials. Defining the criteria for actually designating materials as being ‘strategic’ or ‘critical’ has been a challenge, as has established the subsequent processes required to procure and to secure such materials.
Innovation Metals Corp. (IMC) can assist governments in collecting the right information and drafting realistic proposals on their critical-material supplies, including the rare earths. Simply having access to rare-earth materials, however, is not enough. There is a wide variety of material grades and technical specifications of material, some of which are not ‘swappable’. Because IMC will have independent, centralized separation facilities, IMC will be able to provide stockpiling services to members of its Consortium. Inventory will be rotated to ensure that it will be in a readily usable form. As with all Consortium members, participating government stockpile programs will receive up-to-the minute pricing data and supply & demand statistics.
Participation in the IMC Consortium by government stockpile managers will be similar to that of other rare-earth consumers. Participating stockpile managers will have the opportunity to acquire production capacity for their program, for the specific rare-earth products that they need. They will have guaranteed access to those finished products, without being locked into fixed prices.
Managers of government stockpile programs are invited to register their no-obligation interest in joining the IMC Consortium, via the contact form. For qualified programs, IMC will subsequently provide additional information on the Consortium, and will then extend a proposal to the potential participant for consideration – again, with no obligation.