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Stock impact report

Tactical Resources, a Growing North American Rare Earth Elements Company, to List on NASDAQ

Plum Acquisition Corp. III - Class A Ordinary Shares (PLMJ) 
Company Research Source: Business Wire
Tactical Resources’ mission is to become America’s next producer of Rare Earth Elements (REEs), the critical materials needed in the development of modern technologies with uses in semiconductors, electric vehicles, advanced robotics, and most importantly, national defense.The proposed business combination with Plum Acquisition Corp. III implies a pro forma enterprise value of $589 million.With China currently producing nearly 70% of the world’s REEs, Tactical Resources’ role as one of only a few near-term U.S.-focused REEs developers creates an opportunity to deliver value in strengthening both domestic supply chains and national security.Tactical Resources’ Peak Project has the exclusive rights to acquire REEs enriched tailings and stockpiled materials from the Sierra Blanca Quarry (SBQ). The Peak Project has access to an existing advanced permitted and operational mine in Texas with proven REEs enriched tailings already extracted, and one of only a few rare earth hard rock Direct-L Show less Read more
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