M2i Global Inc (OTC:MTWO) earlier this week announced a key milestone in its strategy to establish a secure and resilient critical minerals supply chain for the United States, following the successful shipment of titanium and gallium from Australia to the US.
CEO Alberto Rosende told Proactive the shipment represents the first tangible output of the company’s joint venture partnerships in Australia and marks an important validation step for its supply chain model.
Proactive: You’ve announced that titanium and gallium have been shipped from Australia to the US. This is an exciting milestone.
Alberto Rosende: Oh, absolutely. As we work to develop a transparent, responsible, resilient critical supply chain for the United States, we’ve been working closely with our allies, especially our joint venture partner in Australia. Working with Nimy and Titanium X, we’ve reached the point where we can ship that first load of material. That material will be distributed to universities and partners within the defence industrial base so they can evaluate it and understand its potential.
Can you can explain the process? Once the material comes out of the ground and is sent to the US, there’s a process before anyone signs off on taking large volumes.
Since this is the first portion of material, it’s a small distribution. We need to analyse it chemically and understand the quality. The material has been beneficiated, meaning it has been concentrated. You don’t want to pay to ship dirt. You want the material you’re looking for. We then bring it into labs across universities and the defence industrial base to assess quality before moving forward.
These partnerships, particularly with Australia, are key to the company’s strategy?
Absolutely. I joined the company at the beginning of 2023, and that’s what we’ve been building—those connections and the ability to source materials needed in the United States, independent of influence from other nations that want to control the supply chain. Our joint venture partnership in Australia gives us access to a broader network of material sources.
You’ve spoken before about discussions with the US Defense Department. The White House has announced plans to spend about $12 billion on stockpiling these types of metals. Is this something you anticipated?
I believe so. There has been a lot of discussion around the national defence stockpile, which is focused on critical minerals but has a limited scope. It hasn’t fully considered the needs of the broader industrial and manufacturing base. This is a big boon for the United States and definitely supports our efforts.
Quotes have been lightly edited for style and clarity