Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Key to Helping Address China’s Stranglehold on Rare Earth Elements
Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising. Powermax Minerals is building a portfolio of rare earth element (“REE”) exploration assets across Canada and the United States. Global REE demand is projected to triple by 2035, driven by a variety of growing defense and commercial needs, including electric vehicles, wind power, and AI semiconductor growth. China controls roughly 60% of global REE mining and 90% of processing, creating serious supply chain vulnerabilities for Western economies. North American governments are deploying over $1 billion in funding and incentives to develop domestic REE supply chains. Powermax’s projects…