Rare
Metals

Rare earth elements and critical minerals — lithium, cobalt, nickel, neodymium, dysprosium, tungsten and the full suite of technology metals — underpin every major pillar of the energy and technology transition. It helps to be precise about the categories: rare earth elements are the 17 periodic-table elements (the lanthanides, plus scandium and yttrium) prized for magnetism and optical properties; critical minerals are a broader, policy-defined list of materials — including tungsten, cobalt and lithium — flagged by governments as essential and at supply risk, whether or not they are geologically rare. REC 2's educational and investment thesis treats these as related but distinct clusters.

REC 2 invests in the mining, processing and refining of these strategic materials, with a focus on supply chain sovereignty for markets that cannot afford geopolitical exposure in critical mineral sourcing.

Our rare metals strategy is built around three integrated capabilities: primary production partnerships with mining operators in politically stable jurisdictions, secondary recovery through our battery and solar recycling operations, and specialty processing to refine ore concentrates into battery-grade, magnet-grade and semiconductor-grade outputs that command premium market pricing over raw ore equivalents.

China currently controls 60–85% of global rare earth production and processing, creating acute supply chain vulnerabilities for Western nations and their allies. REC 2 works with allied governments and mining companies to develop alternative supply chains across Africa, Australia, Canada and Central Asia — a mission with both commercial and strategic national importance.