Medallion Resources Ltd. (TSXV:MDL) was featured in The Metals Report, in an interview with Chris Berry, founder of House Mountain Partners, who shares his macroeconomic outlook.
As quoted in the article:
The global economic slowdown is also compounding efforts at an REE revival of sorts, and so I really do not see any shift in market dynamics at this point. That said, companies in the REE space that can achieve positive catalysts should reap share price gains and Medallion Resources and Tasman are two such examples.
Medallion recently raised capital and has entered into two agreements with institutions based in Jordan and Oman to jointly research ways to construct a monazite heavy mineral sands processing facility. The company continues to execute its strategy of constructing a supply chain focused on low-cost production of REEs and the share price has responded. Medallion offers a much different take on investing in early-stage REE companies—one that I have liked for some time.