Latest news with #NationalDefenseStockpile
Yahoo
19-05-2025
- Business
- Yahoo
Texas Congressional Leaders Back Domestic Critical Minerals: Gladieux Metals Recycling Strengthens U.S. Defense with Recycled Vanadium
FREEPORT, Texas., May 19, 2025--(BUSINESS WIRE)--Gladieux Metals Recycling (GMR), the nation's leading recycler of spent petroleum catalysts and producer of high-purity vanadium compounds, today issued a public statement of gratitude to members of the U.S. Congress and Senate—especially Senator Ted Cruz and Representative Randy Weber—for their strong, bipartisan support of America's domestic vanadium industry and GMR's mission to strengthen the critical minerals supply chain. In recent letters to Secretary Hegseth, key congressional leaders including Senator Cruz and Congressman Weber urged the Department of Defense to immediately begin to stockpile at least one year of military and essential civilian uses of both ferrovanadium and aerospace grade vanadium pentoxide in the National Defense Stockpile. The letters cited vanadium's classification as a critical mineral by the U.S. Geological Survey and emphasized its indispensable role in jet engines, armor steel, aerospace-grade titanium, night vision systems, and ballistic missiles. "We are honored by this congressional support—most notably from Senator Cruz and Congressman Weber—which reinforces the urgency of securing access to vanadium, a resource vital to our national defense and industrial stability," said Tarun Bhatt, CEO of Gladieux Metals Recycling. "Federal recognition of our fragile supply chains and the role of domestic producers like GMR is a critical step forward." A Critical Solution for a Critical Mineral Today, global vanadium supply is highly concentrated, with China and Russia accounting for nearly 70% of total production. This level of control poses a serious vulnerability for the United States, which remains heavily dependent on imports to meet its industrial and strategic needs. In 2024 alone, U.S. demand for vanadium reached 14,000 metric tons, yet domestic production met less than 30% of that demand—producing only 3,800 metric tons. This supply gap stresses the urgent need for reliable, homegrown sources of critical materials. With over 50 years of experience in servicing the oil refining industry, Gladieux Metals Recycling (GMR) has established itself as a critical player in the recovery and production of high-purity vanadium and molybdenum oxides. These materials are essential to a wide range of industries, including defense, steel manufacturing, advanced batteries, and chemical processing. By reclaiming valuable metals from spent petroleum catalysts through its proprietary hydrometallurgical processes, GMR provides a sustainable, domestic alternative to foreign-sourced critical minerals. "Our patented processes not only recover vanadium and molybdenum from spent catalysts, but also prevent the export of critical minerals," said Bhatt. "We are proud to provide an environmentally responsible, circular solution that supports both sustainability and national security." Advanced Quality and Proven Impact GMR operates a state-of-the-art on-site laboratory to ensure catalyst compatibility and verify that its products meet the highest metallurgical and chemical standards. These high-purity oxides are reintegrated into the U.S. supply chain, serving major steel manufacturers, battery producers, and catalyst developers. As a wholly owned subsidiary of Aleon Metals, GMR is strategically positioned to help reduce U.S. dependence on unstable foreign sources and support the nation's growing industrial and defense needs. "We look forward to continued collaboration with government leaders and federal agencies to expand domestic capacity and secure the future of critical mineral production in the U.S.," said Gerardo Valdes, Senior Vice President of Supply Chain and Contracts. About Gladieux Metals Recycling Founded in 1973 and headquartered in Freeport, Texas, Gladieux Metals Recycling (GMR) is the nation's leading recycler of vanadium- and molybdenum-rich spent petroleum catalysts. Leveraging its patented hydrometallurgical processes, GMR offers a sustainable, domestic solution for critical mineral recovery and is a top U.S. producer of high-purity oxides. View source version on Contacts info@
Business Wire
19-05-2025
- Business
- Business Wire
Texas Congressional Leaders Back Domestic Critical Minerals: Gladieux Metals Recycling Strengthens U.S. Defense with Recycled Vanadium
FREEPORT, Texas.--(BUSINESS WIRE)--Gladieux Metals Recycling (GMR), the nation's leading recycler of spent petroleum catalysts and producer of high-purity vanadium compounds, today issued a public statement of gratitude to members of the U.S. Congress and Senate—especially Senator Ted Cruz and Representative Randy Weber —for their strong, bipartisan support of America's domestic vanadium industry and GMR's mission to strengthen the critical minerals supply chain. In recent letters to Secretary Hegseth, key congressional leaders including Senator Cruz and Congressman Weber urged the Department of Defense to immediately begin to stockpile at least one year of military and essential civilian uses of both ferrovanadium and aerospace grade vanadium pentoxide in the National Defense Stockpile. The letters cited vanadium's classification as a critical mineral by the U.S. Geological Survey and emphasized its indispensable role in jet engines, armor steel, aerospace-grade titanium, night vision systems, and ballistic missiles. 'We are honored by this congressional support—most notably from Senator Cruz and Congressman Weber—which reinforces the urgency of securing access to vanadium, a resource vital to our national defense and industrial stability,' said Tarun Bhatt, CEO of Gladieux Metals Recycling. 'Federal recognition of our fragile supply chains and the role of domestic producers like GMR is a critical step forward.' A Critical Solution for a Critical Mineral Today, global vanadium supply is highly concentrated, with China and Russia accounting for nearly 70% of total production. This level of control poses a serious vulnerability for the United States, which remains heavily dependent on imports to meet its industrial and strategic needs. In 2024 alone, U.S. demand for vanadium reached 14,000 metric tons, yet domestic production met less than 30% of that demand—producing only 3,800 metric tons. This supply gap stresses the urgent need for reliable, homegrown sources of critical materials. With over 50 years of experience in servicing the oil refining industry, Gladieux Metals Recycling (GMR) has established itself as a critical player in the recovery and production of high-purity vanadium and molybdenum oxides. These materials are essential to a wide range of industries, including defense, steel manufacturing, advanced batteries, and chemical processing. By reclaiming valuable metals from spent petroleum catalysts through its proprietary hydrometallurgical processes, GMR provides a sustainable, domestic alternative to foreign-sourced critical minerals. 'Our patented processes not only recover vanadium and molybdenum from spent catalysts, but also prevent the export of critical minerals,' said Bhatt. 'We are proud to provide an environmentally responsible, circular solution that supports both sustainability and national security.' Advanced Quality and Proven Impact GMR operates a state-of-the-art on-site laboratory to ensure catalyst compatibility and verify that its products meet the highest metallurgical and chemical standards. These high-purity oxides are reintegrated into the U.S. supply chain, serving major steel manufacturers, battery producers, and catalyst developers. As a wholly owned subsidiary of Aleon Metals, GMR is strategically positioned to help reduce U.S. dependence on unstable foreign sources and support the nation's growing industrial and defense needs. 'We look forward to continued collaboration with government leaders and federal agencies to expand domestic capacity and secure the future of critical mineral production in the U.S.,' said Gerardo Valdes, Senior Vice President of Supply Chain and Contracts. About Gladieux Metals Recycling Founded in 1973 and headquartered in Freeport, Texas, Gladieux Metals Recycling (GMR) is the nation's leading recycler of vanadium- and molybdenum-rich spent petroleum catalysts. Leveraging its patented hydrometallurgical processes, GMR offers a sustainable, domestic solution for critical mineral recovery and is a top U.S. producer of high-purity oxides.
Yahoo
26-04-2025
- Business
- Yahoo
Trump signs executive order to expedite seabed mineral exploration
US President Donald Trump has signed an Executive Order to expedite the exploration and development of seabed minerals. The order mandates rapid development of US capabilities in the exploration, characterisation, collection and processing of critical deep seabed minerals to bolster domestic supply chains and reduce dependency on foreign resources. It aims to establish the US as a global leader in seabed mineral exploration and development within and beyond national jurisdiction. The directive also seeks to strengthen partnerships with allies and industry to counter China's influence in the seabed mineral resource space. The order stated: 'The US faces unprecedented economic and national security challenges in securing reliable supplies of critical minerals independent of foreign adversary control. Vast offshore seabed areas hold critical minerals and energy resources. 'These resources are key to strengthening our economy, securing our energy future and reducing dependence on foreign suppliers for critical minerals.' The order instructs the secretary of commerce to expedite the process for reviewing and issuing exploration and commercial recovery permits under the Deep Seabed Hard Mineral Resources Act within 60 days of the order execution. The order also directs the secretary of commerce, along with the secretary of the interior and the secretary of energy, to provide a report identifying private sector interest and opportunities for seabed mineral exploration, mining and monitoring in the US Outer Continental Shelf. Additionally, it calls for the development of a plan to map priority areas of the seabed to accelerate data collection. The secretaries of commerce, state, interior and energy are tasked with engaging partners and allies for seabed mineral exploration and assessing the feasibility of an international seabed benefit-sharing mechanism. Moreover, the secretaries of defense and energy are to provide a report addressing the feasibility of using the National Defense Stockpile for nodule-derived minerals. The US International Development Finance Corporation, the Export-Import Bank of the US and the US Trade and Development Agency are directed to identify tools to support domestic and international seabed mineral resource exploration and environmental monitoring. Proponents of deep-sea mining noted that it could reduce the necessity for extensive land-based mining operations, which frequently face opposition from local communities, Reuters reported. However, environmental organisations are urging a complete ban on all activities, cautioning that industrial operations on the ocean floor may lead to irreversible loss of biodiversity. Earlier this month, Trump signed executive orders to increase US coal production, defying international efforts to reduce carbon emissions. "Trump signs executive order to expedite seabed mineral exploration" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
25-04-2025
- Business
- Yahoo
Trump signs executive order to expedite seabed mineral exploration
US President Donald Trump has signed an Executive Order to expedite the exploration and development of seabed minerals. The order mandates rapid development of US capabilities in the exploration, characterisation, collection and processing of critical deep seabed minerals to bolster domestic supply chains and reduce dependency on foreign resources. It aims to establish the US as a global leader in seabed mineral exploration and development within and beyond national jurisdiction. The directive also seeks to strengthen partnerships with allies and industry to counter China's influence in the seabed mineral resource space. The order stated: 'The US faces unprecedented economic and national security challenges in securing reliable supplies of critical minerals independent of foreign adversary control. Vast offshore seabed areas hold critical minerals and energy resources. 'These resources are key to strengthening our economy, securing our energy future and reducing dependence on foreign suppliers for critical minerals.' The order instructs the secretary of commerce to expedite the process for reviewing and issuing exploration and commercial recovery permits under the Deep Seabed Hard Mineral Resources Act within 60 days of the order execution. The order also directs the secretary of commerce, along with the secretary of the interior and the secretary of energy, to provide a report identifying private sector interest and opportunities for seabed mineral exploration, mining and monitoring in the US Outer Continental Shelf. Additionally, it calls for the development of a plan to map priority areas of the seabed to accelerate data collection. The secretaries of commerce, state, interior and energy are tasked with engaging partners and allies for seabed mineral exploration and assessing the feasibility of an international seabed benefit-sharing mechanism. Moreover, the secretaries of defense and energy are to provide a report addressing the feasibility of using the National Defense Stockpile for nodule-derived minerals. The US International Development Finance Corporation, the Export-Import Bank of the US and the US Trade and Development Agency are directed to identify tools to support domestic and international seabed mineral resource exploration and environmental monitoring. Proponents of deep-sea mining noted that it could reduce the necessity for extensive land-based mining operations, which frequently face opposition from local communities, Reuters reported. However, environmental organisations are urging a complete ban on all activities, cautioning that industrial operations on the ocean floor may lead to irreversible loss of biodiversity. Earlier this month, Trump signed executive orders to increase US coal production, defying international efforts to reduce carbon emissions. "Trump signs executive order to expedite seabed mineral exploration" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
Trump Moves to Ramp Up Deep-Sea Mining for Critical Minerals
(Bloomberg) — President Donald Trump has signed an executive order intended to accelerate offshore mining and open new opportunities for extracting critical materials from the ocean floor despite the objections of environmentalists. Trump Gives New York 'One Last Chance' to End Congestion Fee Why Car YouTuber Matt Farah Is Fighting for Walkable Cities Backyard Micro-Flats Aim to Ease South Africa's Housing Crisis The Racial Wealth Gap Is Not Just About Money To Fuel Affordable Housing, This Innovation Fund Targets Predevelopment Costs The measure directs the Commerce Department to speed up reviewing and issuing permits for exploration and commercial recovery under a 1980 law, according to senior White House officials who briefed reporters on the action Thursday. While the permits could cover territory far beyond the US Outer Continental Shelf, the president is also setting in motion potential seabed mining within US coastal waters. Under Trump's order, Interior Secretary Doug Burgum is charged with establishing a process for approving permits and granting licenses for seabed mining in US waters, under the same law that has long governed oil drilling there. The White House in a fact sheet cast the order as one of several steps Trump has taken 'positioning the United States at the forefront of critical mineral production and innovation.' The president is also ordering a raft of reports, including a study of using the US National Defense Stockpile for minerals contained within sea deposits and an assessment of private-sector interest in the activity. The order directs the US International Development Finance Corporation and the US Export-Import Bank to study options for providing financing and other support for exploration, extraction, processing and environmental monitoring of seabed resources. Trump's directive comes amid increasing concern over new Chinese curbs on the export of rare-earth materials used in electric vehicle batteries, smartphones and other technology, a response to Trump's tariffs. China's moves have generated worries about obtaining alternate supplies for the metals given the country's dominance in mining and refining them. Earlier: Deep-Sea Mining Race Amps Up as Rules Still Up in the Air Deep-sea mining is seen by the administration as another avenue for extracting rare-earth elements such as manganese, cobalt, nickel and copper, helping wean the US off foreign suppliers and opening new export opportunities. Over 10 years, a seabed mineral extraction industry could yield 100,000 jobs and hundreds of billions of dollars in economic benefits, one of the White House officials said. Mining advocates have warned that without action, the US and allies risk forfeiting seabed mineral extraction to China. In a report earlier this month, RAND estimated that production from seabed mining would decrease metal prices and could produce enough nickel and cobalt to meet projected US demand in 2040. The materials are essential ingredients in lithium-ion batteries. Trump's order is expected to benefit The Metals Company, or TMC, which for years has sought to collect mineral-rich deposits that cover the sea floor in the Clarion-Clipperton Zone, international waters in the Pacific Ocean between Hawaii and Mexico. The Vancouver-based company's push has been complicated by a long-running debate over potential regulations from the United Nations-affiliated International Seabed Authority that governs the region. TMC said last month it was pursuing exploration licenses and commercial recovery permits from the Trump administration under the 45-year-old Deep Seabed Hard Mineral Resources Act. Any move to approve permits — with the US effectively circumventing the International Seabed Authority — has been criticized as a violation of the UN Convention on the Law of the Sea that established the body. It also threatens to disrupt more than a decade of negotiations to enact regulations that would allow mining to commence. Environmentalists are seeking stiffer international regulation of deep-sea mining, warning that the activity could imperil key marine habitats and the organisms that live on the ocean bottom. Earlier: Deep-sea Regulators Condemn Miner's Bid to Seek Trump Approval The Law of the Sea Treaty established the ISA, but since the US is not a signatory, conservatives have argued the US government should not voluntarily submit to it. That treaty also reserved some mining areas in the Clarion-Clipperton Zone for the US in case the country eventually acceded to the convention. The US in turn enacted the deep sea mineral resources law, which spells out procedures for US companies to gain access to materials there. TMC holds two ISA licenses to prospect for cobalt, nickel and other metals found in polymetallic nodules — potato-sized rocks rich in those materials. TMC and other ISA-licensed companies, however, can't begin mining until the organization develops regulations to govern the practice. The company has defended its move to seek US permits. TMC Chief Executive Officer Gerard Barron told Bloomberg in a statement last month that the company had complied with the terms of its ISA contract but the organization failed to fulfill its duty under the treaty to enact regulations. 'I'm not sure why ISA member states act surprised that TMC is now looking at an alternative, longstanding regulatory regime,' he said at the time. —With assistance from Todd Woody and Joe Deaux. (Updates with additional details, background throughout.) 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