US Rare Earth Pure Play: Fireside with Tactical Resources CEO Ranjeet Sundher
IPO Edge hosted a fireside chat with Tactical Resources Corp. Common Shares (Nasdaq: TREO) Chief Executive Officer and a Director Ranjeet Sundher, moderated by IPO Edge Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks in a video session lasting approximately 20 minutes.
Mr. Sundher discussed:
- The company’s listing on Nasdaq representing Tactical’s entry into the U.S. public markets under the ticker TREO, broadening the company’s visibility and access to U.S. investors at a significant moment for critical minerals.
- How Tactical is focused on advancing U.S.-based rare earth supply for U.S. markets with investments like its Peak Project in Texas with the combination of existing feedstock, existing infrastructure and potentially simpler processing.
- Tactical’s near-term priorities include continued metallurgical and geological work, process testing and project-design studies.
- Why investors should watch for further evaluation of the stockpiled material, advancement of a potential modular processing pathway, and additional disclosure around economics and capital requirements.
- How Tactical’s mineralogy may allow the material to move more directly into a leaching process, potentially eliminating certain complex, costly, and environmentally intensive processing stages.
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About Tactical Resources Corp. Common Shares (Nasdaq: TREO)
Tactical Resources is a U.S.-focused rare earth elements company advancing the Peak Project in Sierra Blanca, Texas. The project is located within an existing, permitted and operating quarry where rare-earth-bearing material has already been mined, crushed and stockpiled and where established infrastructure – including road, rail, power and water – is already in place.
Tactical’s strategy is designed around accelerating the path toward a new domestic source of rare earth materials. At Peak, the Company is evaluating a direct-leach processing pathway that has the potential to bypass several of the crushing, concentration and high-temperature roasting steps typically associated with conventional hard-rock rare earth projects. Initial test work has demonstrated total rare earth element plus yttrium extraction levels of approximately 88% to 93%.
Moving forward, Tactical intends to advance the technical and engineering work required to develop an on-site, modular processing operation while evaluating the broader opportunity to ultimately repurpose the Sierra Blanca quarry into a dedicated rare earth production site. The Company’s objective is to establish a scalable U.S. source of rare earth materials supporting critical applications across national defense, advanced manufacturing, semiconductors and other strategic industries.
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About Ranjeet Sundher
Ranjeet Sundher is Chief Executive Officer and a Director of Tactical Resources. He brings more than 25 years of experience in capital markets and in building and developing public and private companies across the mining, natural resources, technology and software sectors. As CEO of Tactical, Ranjeet has led the Company through the advancement of its flagship Peak Project in Texas and its transition to the U.S. public markets, with a focus on establishing a scalable domestic source of rare earth materials.
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