Three Converging Markets

The Minerals

Rare earth elements, titanium, and niobium — essential materials powering AI, aerospace, and advanced manufacturing. All confirmed at Project Dry Powder.

REE
Critical for Defense & Clean Energy

Rare Earth Elements
NdPr

Neodymium (Nd) and Praseodymium (Pr) are required for advanced permanent magnets — the most powerful magnets known. These NdPr magnets are irreplaceable components in EV motors, wind turbine generators, precision robotics, industrial motors, defense guidance systems, and consumer electronics. There are no commercially viable substitutes.

$15.4BMarket by 2033
36%Supply deficit by 2030
90%China controls processing
Powderhorn District — Confirmed Grades
Nd 4,080 ppm | Pr >1,000 ppm | NdPr 5,000 ppm combined
vs. ~700 ppm industry average — top decile globally. Comparable to Mountain Pass (4,972 ppm Nd).
End-Use Applications
EV Motors
NdPr magnets are essential in every electric vehicle drivetrain motor. No EV without NdPr.
Wind Turbines
Direct-drive wind generators require large-format NdPr permanent magnets for maximum efficiency.
Defense Systems
Precision guidance systems, radar, targeting and communications hardware all require NdPr magnets.
Robotics & AI
Advanced industrial robots and AI accelerator hardware use NdPr motors and components.
Electronics
Consumer electronics, speakers, hard drives, and MRI machines all rely on NdPr magnets.
Industrial Motors
High-efficiency industrial motors across manufacturing use NdPr magnets to reduce energy consumption.
Defense, Aerospace & Medical

Titanium
Ti · Element 22

Titanium's legendary strength-to-weight ratio and exceptional corrosion resistance make it indispensable across aerospace and military hardware. Titanium is used in every U.S.-made fighter jet, every submarine hull, and every next-generation spacecraft — making domestic supply a top national security priority. The U.S. has historically relied on Russian titanium sponge, a dependency the Ukraine conflict made untenable.

$57BMarket by 2035
6.43%CAGR 2026–2035
Powderhorn District — Confirmed Grades
TiO₂ 7.84% (Oct 2025) | 13.2% historical (adjacent Teck resource)
Adjacent to Teck's 46Mt @ 13.2% TiO₂ — largest titanium concentration in the United States. Bulk mineral value driver for project economics.
End-Use Applications
Fighter Jets
Every U.S.-made fighter jet uses titanium in airframe, engine components, and fasteners for strength at minimum weight.
Submarines
Submarine hulls and pressure vessels use titanium for unmatched strength, corrosion resistance in seawater environments.
Spacecraft
Launch vehicles, satellite structures, and orbital hardware all require titanium for its extreme strength-to-weight properties.
Commercial Aviation
Commercial aircraft use titanium extensively in engines and airframes. Every Boeing and Airbus aircraft contains titanium.
Medical Implants
Orthopedic implants, dental implants, and surgical instruments use titanium for biocompatibility and durability.
Industrial
Chemical processing, desalination, power generation — titanium's corrosion resistance is unmatched in harsh industrial environments.
Steel, Superconductors & Aerospace

Niobium
Nb · Element 41

Niobium is a critical additive that dramatically improves the strength, toughness, and corrosion resistance of steel — enabling lighter, stronger infrastructure and aerospace structures. Just 0.03–0.05% niobium addition can increase steel strength by 30%. Brazil's near-total control of the global supply creates an acute strategic vulnerability for the United States.

$3.2BMarket by 2032
6.0%CAGR 2024–2032
90%Brazil controls supply
Powderhorn District — Confirmed Grades
Nb 1,010 ppm (Oct 2025) | 2,420 ppm historical
Significant niobium content critical for steel alloys. Ba >10,000 ppm confirms robust carbonatite signature — classic niobium host geology.
End-Use Applications
High-Strength Steel
Micro-alloyed steel for pipelines, bridges, ships, and buildings. Even small Nb additions dramatically increase strength.
Superconductors
Niobium-titanium and Nb₃Sn superconducting alloys power MRI machines, particle accelerators, and fusion reactors.
Aerospace Alloys
Superalloys for jet engine components, rocket nozzles, and high-temperature aerospace structures require niobium.
Infrastructure
Oil and gas pipelines, offshore platforms, and seismic-resistant construction all use niobium-alloyed steel.
Optical Glass
Niobium oxide is used in high-refractive-index optical glass for cameras, microscopes, and precision instruments.
Electronics
Niobium capacitors in hearing aids, pacemakers, and mobile phones offer superior performance to traditional alternatives.

All Three. One Deposit.

Project Dry Powder contains world-class concentrations of all three minerals — a unique, multi-commodity thesis that no other U.S. project can match.

See the Project Investment Overview