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Bactech Environmental Corp(BAC-CN)

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Stocks in play: BacTech Environmental Corp

Baystreet - Tue Jan 18, 2022

Today announced its intention to investigate the use of bioleaching as a tool in liberating Rare Earth Elements. Media reports that the US is actively seeking steps to end dependency on imports of key metals and minerals from China. REEs are classified as strategic elements by the US government, and the Pentagon has issued a Request for Tender to explore bioleaching opportunities with the goal of establishing a domestic industry and providing REE supply stability. REEs are deemed essential for everything from US national security and energy transition delivery plans, to maintaining supply chain continuity for medical and consumer technologies along with many other everyday products. BacTech Environmental Corp shares C.BAC are trading up 0.01 cent at $0.15.

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