AMY: Hope for Domestic EMM Supply

Morning Notes (05/20/2011)
"It has become evident that almost all domestic resource extraction and associated supply chains have moved offshore along with their IP development. These are the key strategic issues of the 'critical metal' conundrum. The critical resource issue is broader than that of rare earths and their associated supply chains. REE's are the tip of the critical resource iceberg. The market for high-grade electrolytic manganese (EMM) is controlled by China. The U.S. has no producing manganese mines. We rely entirely on China. China is pulling back on its EMM exports. Manganese is critically important in numerous applications. American Manganese is of interest in this regard."

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