To solve the rare-earth supply shortage, Medallion Resources (TSXV:MDL, OTC:MLLOF, FRA:MRD) is rethinking accepted rare-earth exploration and development strategies. Unlike present strategies, which focus on developing properties with complicated, expensive and untested metallurgy, Medallion is investigating a major source of rare earths — a source almost totally ignored by others. Executing a strategy developed by its Chief Technical Advisor—veteran geologist and rare-earth expert Dr. Bill Bird—Medallion is examining the production of large, low-cost sources, which are capable of providing significant near-term production of rare earths.

Now the REE prices seem to be gaining momentum again, Medallion Resources is in the pole position to help bridging the gap between supply and demand by processing monazite into REE concentrate.

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