October 7 & 8, 2025

We convened the full supply chain, connecting miners, minerals processors, and advanced manufacturers with metals traders, private equity, venture capital, and U.S. and foreign government officials in one room. The result was actionable connections, commercial transactions, and durable partnerships.

In panels with the defense sector, we discussed procurement strategies and navigating sourcing across multiple tiers of suppliers. Allied foreign governments underscored their capacity to collaborate on tangible steps toward mineral resilience, while making clear that the “middle” of refining and processing must be built into U.S. and allied supply chains. Former and current U.S. government officials emphasized the urgency of this issue—from project finance to direct engagement with mineral-related projects. Executives from domestic producers, including South32 Hermosa and NioCorp Developments, spoke about their anticipated role in securing supply for U.S. industries.

We also previewed the CMF Dashboard, a comprehensive, novel tool for supply, demand, and cost insights with geographic customization and asset-level cost curves. Powered by AI-driven models that forecast trends by country and identify minerals most vulnerable to disruption, it provides transparent outputs to help stakeholders make informed investment decisions and accelerate new capacity. With transparent cost information and without relying on manipulated benchmark indices, suppliers and end-users can confidently enter into offtake contracts using price indices that are relevant to the counterparties and viable for the long term. Data-driven modeling of supply-demand dynamics and production costs helps de-risk investments and counteract the distortions created by state-backed market manipulation