[0:00] Getting other things done, business walks. Yeah, I mean, I think with the examples I've heard today, there are probably at least five companies here in the state that would kind of, you know, call it by products of their, you know, what they have, they can ship it to a facility like this. Yeah. And actually get the processing done. So, so the need there, I think we've got to work to do on the engineering. And the economics and then decide how

[0:29] how and what type of capital would be invested.

[0:34] What we heard from the Office of Security Capital is,

[0:37] we love doing ventures,

[0:38] so we've looked at some money into this.

[0:40] We'd like industry to have some skin in the game and, of course,

[0:44] and say it would be great if the state did some.

[0:47] So the more to do conceptually on the financing,

[0:53] and then they kind of gave us the bar of what they wanted

[0:56] of the sea, technically, before we advance it.

[1:00] So, you know, you know, I thought this was presently

[1:03] in the way we got to have industry,

[1:05] like identifying the industry partners

[1:07] and making sure you have those people as you go in,

[1:10] there's no other way to do it, right?

[1:11] So I guess what I would sort of Brian is,

[1:15] do you feel like, could you, do we have those industry partners

[1:20] ready to sort of say, this is how we would structure it

[1:22] or do we need to come up with this structure first

[1:25] and then go to an industry of where is that chicken and the egg from your industry perspective?

[1:31] Yeah, I think that you know one of the challenges we have on this is you know most of the industry

[1:39] partners that are you know pursuing critical mineral projects I mean they are very narrowly tailored

[1:44] and there is definitely a gap especially on the processing side as Mick talked about

[1:49] so I think that there's definitely industry partners that would be very willing to raise their

[1:54] hand and say, yes, if this type of facility existed or these types of services existed,

[1:59] we would utilize them, and we would be part of essentially the customer base for a facility

[2:06] like that.

[2:07] And I think that two of some of the larger companies you could potentially get interest

[2:13] in participating financially, or we've talked about potential land or equipment donations,

[2:20] things of that nature.

[2:21] I think that a lot of that does depend on, you know, what that structure ultimately looks like.

[2:28] And, you know, if we can put together a structure that, you know, is going to provide needed services

[2:34] and, you know, but also some protection where it's not, you know, one kind of where it's, again, a collective effort

[2:43] where you've got the, you know, the state and industry and academia and everybody working together

[2:47] if there's federal support, I think that that's going to bring a lot more people to the table.

[2:51] And so, I mean, as you said, I mean, it is sort of a chicken and egg issue.

[2:55] But I think that if we're able to put some, you know, structure around it,

[2:59] at least, you know, as a proposal, and then that obviously can be refined as you get concrete

[3:05] commitments from companies that do want to participate, you know, that would be a good way to proceed,

[3:11] and you know, could put us in, and it could be able to go back to, you know, the officer's

[3:16] strategic capital or other federal partners to try and, you know, get partnership on that side as well.

[3:23] I mean, that the federal investment, if, you know, there is a federal investment and with a state investment

[3:28] another, I mean, that's going to bring in private capital because, I mean, that's what we've seen in a lot of these

[3:34] critical mineral investments that OSC has already made. You know, they make a small investment

[3:39] and then that brings a bunch of further investment in the capital markets.

[3:44] Sure. I mean, and at the risk of sounding always like a broken record, I look at the success

[3:47] we've had at the San Rafael Lab. And, you know, we have one very, very successful project there

[3:55] that has spurred interest for many others where if we were to take every single one of those projects,

[4:01] we are over our capacity without even linking. But that investment was a big investment on the state

[4:08] right? We spent a lot of money to make sure that we had the land and we spent my infrastructure

[4:14] and as we look at what potential expansion of that will look like, it's not, it is, it's really

[4:19] expensive because if we're going to build something like this, we're going to have to provide the land

[4:22] and have to provide the infrastructure. It's not, you know, and that's where I think, you know, donations

[4:28] can potentially be good, but I think, I think as we think about the structure, I think it just goes

[4:34] back to, you know, what is it that they require at the strategic capital office and does that fit

[4:42] with the model that we have envisioned and if it doesn't, you know, and I'll be the first to say,

[4:47] I don't, I don't know. Well you're asking the right question. I think that's the same way

[4:51] I've been debating. Did saying, okay, we need to have a broader discussion about is that,

[4:55] That's that into the framework that the state is looking at.

[5:01] So is that according to Emmy?

[5:04] I mean, so we've got first down.

[5:07] I would get a survey.

[5:08] You can connect with the office.

[5:10] What's next out of this council?

[5:14] Yeah, you know, our takeaways yesterday were that we should probably pursue, probably

[5:24] two to three financial structure options that might work and then have this council

[5:31] faith. And we can get those back to you relatively quickly. And I think that's probably decision

[5:40] one.

[5:42] There's a second decision that we ought to make and it's around, you know, what that

[5:48] facility looks like and whether we ought to do some initial feasibility, just with some

[5:53] engineering firm, SPRIC prize, am I remembering kind of our list, right?

[5:58] Yeah, that's correct.

[6:00] Yeah.

[6:01] And I think what we may want to do in the council is say, it's part of that 10 million.

[6:07] So let's make this decision to us.

[6:08] And then it's part of that 10 million to be allocated a little bit.

[6:11] I think there are three places we could go, again, because of the feasibility dollars.

[6:16] It's going to be part of the higher ed research fund, right?

[6:20] that we could apply for a grant there.

[6:22] We could allocate a little bit here,

[6:25] and there's just this feasibility study

[6:27] that would need to be done.

[6:29] Then we will have, I think my next week,

[6:33] some rough estimates of what initial trance might look like

[6:37] to do that engineering feasibility.

[6:41] It's, and I think maybe it's just the way my brain works

[6:44] says, do we, we can make the argument

[6:47] that if we make a facility that will allow for different types of processing to be able

[6:52] to be fed up and commercialized, that the speedy projects that they're looking for from

[6:57] a long-term defense perspective will actually be facilitated if there's a way to, because

[7:01] right now there's just no way to be risked otherwise, right?

[7:04] So I can see that there's a really good argument if they're open to it, which is a...

[7:08] Wait, they were.

[7:09] They were.

[7:10] Okay.

[7:10] There's not a question, right?

[7:11] And then so then it kind of spoils down to it.

[7:15] Yeah.

[7:15] Do it fast.

[7:16] And I would say to you that in the, again, my program record experience is if we have potential

[7:23] industry partners that we can go to them and say, I mean, for us to do the engineering

[7:27] is great, but it's a lot better to say, what engineering do you need and then helping

[7:32] me?

[7:33] You know, because if it likes, I'll use just a crane as an example.

[7:36] If company A needs a crane and once they're done, somebody else is going to be a crane.

[7:42] So it's not that the engineering is wasted, but we have to reconfigure depending on who's

[7:45] in the space in a given moment.

[7:47] So how much do we need to cater to the broader good,

[7:53] as opposed to just finding people who need something

[7:55] that we can cater to in the near term,

[7:57] and get out the door?

[7:58] I mean, is that?

[7:59] Yeah, and now I think you're thinking about it, right?

[8:03] So the full facility is half billion dollar, right?

[8:08] But that's probably an overbuilt facility.

[8:10] Your point, you say, all right,

[8:12] What are the first four to five customers that scales backwards, right?

[8:18] It doesn't cost nearly as much.

[8:21] The trade-off is, if you do end up building the whole thing, and cost you more than, you know,

[8:26] would have a few more offer. But I think that's probably the right way to think about it.

[8:31] It is focused on near-term solutions, see what that facility would be needed, right?

[8:38] talk to take that feedback and you have how would we solve that problem and see what see where it goes from there.

[8:44] Yeah, so you guys folks who are actually producing their extracting better sending at other places for processing that are in need of,

[8:59] I mean just we've already extracting that that's one of the costs.

[9:06] The big example is white Mesa that was exporting semi-refined or custodian processing and then bringing it back in.

[9:16] And then now there's like a place in North Carolina or something like if they shortened it a little bit.

[9:23] And that's just part of growth, right?

[9:26] I mean, because they need the infrastructure and this additional stream that they're building will help a lot of that.

[9:34] And this is just part of growth, right?

[9:37] This is just part of growth.

[9:38] But starting with people who are producing here,

[9:42] you know, that are having to go someplace else,

[9:45] that we could then start to help the customer.

[9:47] Yeah.

[9:49] That makes us faster.

[9:51] It makes us, I think part of the challenge

[9:54] that we're gonna have to work through

[9:55] is that we're gonna have folks that do send out

[9:58] to have their self-process.

[10:01] Is it a better investment for the state

[10:03] to find a place where there's not a current processing option that is working in a market

[10:09] space and make it happen here because it didn't create a market, it was part of the

[10:13] stash of it. As you look at just mineral production around the world, I've shared this before,

[10:19] being in Peru where they're mining copper and they're making capos and then they're sending

[10:23] into Germany. That works in the market. If we're going to start something here and make a big investment,

[10:29] And if there's something that's already working in the market,

[10:32] we might be better served to find a place

[10:35] to make something marketable here,

[10:36] rather than replacing a market activity.

[10:39] And I mean, it may not be the right answer,

[10:41] but I think we need to sort of look broadly at,

[10:44] is there a way to what is going to be

[10:47] the most near-term success?

[10:49] Because if we're trying to get minerals that we are

[10:51] prevented from getting because of strongholds overseas,

[10:55] as opposed to we're trying to pull business from somewhere else.

[10:58] think it just depends on. It's easy for me, I just think we ought to be thinking strategically

[11:05] about this. And whether it's what takes us from here to here faster, it gives us a base

[11:13] that then to grow it. And I, you know, that's just the opportunity that's out there for money

[11:22] and that's what drives it, or is it something else?

[11:27] And I don't know the answer to that question,

[11:29] but it would be helpful to have a-

[11:32] What you're saying is actually courted

[11:34] as council senator.

[11:36] I mean, really, you know, instead building it up

[11:39] and creating the market and building the need

[11:41] so that Utah is-

[11:43] And you have to have a strategy

[11:44] to plan it around that.

[11:46] So I'll offer two things we've heard yesterday

[11:50] they and Brian, you know, I think investments that are being made now are certainly being

[11:56] made in very traditional technologies. And we do know that China owns economies of scale

[12:04] there. Right. And so I think one of the 50s that goes here, if it was here and you may be

[12:11] stealing market in the short term, if we invest right, we are actually going to invest in

[12:17] new technologies that lower cost of reduction. That's what we are not seeing. That clearly

[12:23] is a longer term play that this mind center could do that. I think the second thing, you

[12:30] know, we see how do we play to that? Yeah. That's longer term and how do we get as

[12:37] well? Yeah. I mean, I think that's the I think that's the trick. In my mind, it would

[12:45] be probably making the argument that we can process or at least develop some of these

[12:51] new sites here in the state with this capacity.

[12:56] So, you know, we've talked to Ionic, they're not going to process their river immediately.

[13:02] They would bring it to this plan.

[13:05] I think there's got to be a short-term, geez, we're going to open up some new sites here

[13:09] in the state.

[13:10] And then the longer-term play is the technology, kind of artificial intelligence, a mine optimization

[13:16] play.

[13:17] I mean, what's attractive to, you know, being around Salt Lake City is, you've heard

[13:26] it has been, you know, the talent, you know, acquiring talent is hard in rural communities.

[13:34] And there's there's a double-end sort here. We do want to develop rural communities at the same time

[13:41] The technology development and talent is tough to do at the other side of that the people who are working in these world

[13:47] areas

[13:49] Really enjoy how far their dollar goes on a hundred thousand dollar your salary in San Juan County

[13:54] Right, I mean there's they live a life we can't here because of the cost of getting down

[14:00] Yeah, so that's a positive and I mean and it would just been season to the flip side of you get more people down there

[14:06] You need more housing and it and then this is something we see across all across all the energy and mineral space

[14:12] And if you go that they will come which has which is great

[14:17] Which brings a zone challenges that people would rather solve up front

[14:20] Which you can't solve it up front because you don't know if people are going to come and so we're really dealing with that

[14:24] I think across the state of how do we and

[14:26] And there are other parts of the government that are working on this, but how do you make

[14:31] sure that you're reasonably planning for growth in a way that facilitates development and

[14:35] doesn't strangle whole communities with, you know, so, and I think too that when we start

[14:40] getting into the innovative stuff, using, I got Mary on a mental as an example, the things

[14:45] that they're doing to try to get people to be, to be on site, the way that they're cycling

[14:49] people through and, you know, and I know even Valor is looking at, you know, how can we

[14:54] work with housing, so I think if you have good companies that are working with you, we can

[14:58] solve for some of those things.

[15:00] It would work together, but it's still a pretty tremendous challenge. But the innovation, I think, is where that's where we can create the market here that makes more sense rather than what we put it in.

[15:12] Yeah, getting things lower costs, being able to look forward for our excavating

[15:19] gaps, and then we're getting lower costs, solutions, and that just moves us faster.

[15:26] Then we can start to think about how do we, how do we support these communities?

[15:31] That is kind of off to the side, but we went out to cover those visits to a couple of potential

[15:38] of spaceport sites. And the interesting part is people that want to, many people in

[15:44] Muskegee say, they want some growth, they want some economic peace, but that's kind

[15:50] of okay. Part of it comes here and part of it comes to larger populations in it, which

[15:56] I think makes you think about this differently. And for them, that's like, that's okay. So

[16:06] So I just think there are ways to, what's the say how to be able to do is to build a more

[16:14] complete approach to this, a more of an ecosystem approach versus just, we're trying to do

[16:19] that.

[16:21] I have a comment or suggestion, recognizing I'm not a member of the council, so I want to

[16:26] come here.

[16:27] I'm all done.

[16:27] Go ahead.

[16:28] Okay, I'll make that.

[16:29] But I want to move this space forward for a little bit, you know, Senator Miller knows

[16:32] as well, but the space for exploration committee is not industry, and they don't know what the

[16:38] industry wants.

[16:39] So what they're doing is they're going up to the market and they're saying, hey market,

[16:43] if we build a space for the talk, would you actually use it?

[16:46] What would you use it for?

[16:47] Do you want to use it for launches?

[16:49] Do you want testing?

[16:50] Do you want to use it for other related activities?

[16:53] And that way they can design their recommendations and their future steps, based on what demand

[17:00] signals that we're seeing won't mark it, right?

[17:01] I think there's some lessons to be learned there.

[17:05] The people in this room, we're all mostly government people here, and you don't really know what the market is.

[17:10] That's why I think they go so instructive for you to suggest to the beginning to go out to the market and just see what they want, right?

[17:18] That was really great, a good set.

[17:20] And I think that we should, rather I would recommend probably that this group has the connections within that market to find out what they could use in mindset or forward,

[17:31] and what the best business case is for.

[17:34] And I think maybe the people in this room

[17:37] could go out and talk with their people and come back

[17:39] with the top two or three use cases

[17:42] that they think might be most successful.

[17:45] And based on that, we can build that into an engineering set.

[17:49] Together.

[17:49] Oh my, by the way, I don't know if we could do that.

[17:53] I think we'd hire a firm.

[17:54] Right, that would get blue.

[17:55] That would be some sort of validate.

[17:57] Right, and I would say one of the challenges though

[17:59] is that as we look and hold industry because of the very need and because I think when you start,

[18:06] I mean a space port maybe I'm wrong but like if I have a rocket there's only so many places

[18:10] I can go launch it and a launching you're going to have shared services and I don't know if there's

[18:15] going to be greater shared services and if you need a processing circuit is just for any type of

[18:21] minerals it's going to be so different that the shared ecosystem is a little bit trickier to build on

[18:26] right. So one of the challenges I think we've had, and I'm talking to my mom, it says we've

[18:29] surveyed industry, we said we want to build this mind center, we want to be helpful, and they've

[18:33] given us not very much to say we have a bunch of commonality that we can easily identify how to do it.

[18:40] Is that a fair way to transform it? Yeah, that's accurate, you know, so with, let's say,

[18:45] 12 things, 12 core concepts that get back, really half of them fit into a mind center, okay?

[18:54] Well, it was a very open-ended survey, right?

[18:57] We wanted that feedback that we already have a lot of stuff to meet these needs, but

[19:01] if there were four or five things that they said that a mine center could do, that's a good

[19:08] amount of momentum.

[19:09] I tried to agree with you.

[19:10] Did I?

[19:11] No, I mean, I don't always like when people disagree with me because I'm not right all the time.

[19:18] But I just think that maybe we need to be more appreciative in what we are asking people

[19:22] to, perhaps, to say we want to build additional, like we want to build a place for you to

[19:26] come build these things. I mean, I think it's, as we look, we're not getting very feedback

[19:31] that it's super consistent that we can say this is really easy. I think it's your point

[19:35] going to the Department of War, what they want. We need to make the decision about the

[19:39] structure and then go to industry and say here's the structure we're looking at. How do

[19:42] we do this? I'm not even interested because what I don't want to do is try to come up with

[19:47] some tortured thing that just doesn't work, right?

[19:51] I mean, we don't need it so bad

[19:53] that we should do it poorly

[19:54] and then have it not be successful.

[19:56] We need something that's successful

[19:57] that draws and brings in business

[19:58] and actually solves the problem.

[20:00] So that's why I think it's a little bit tricky

[20:02] is that industry, when you say,

[20:04] what are your big needs

[20:05] and what is your barrier to development

[20:08] and they're like, oh, roads, railways, schools,

[20:12] and those are all absolutely things that are important.

[20:14] But we just need to take those off the table

[20:16] those things that we're going to do. I'm talking about like that's a whole

[20:19] different problem that we're going to need to solve in different ways, but

[20:22] like we're going to build a facility. What is it that you want to see in that

[20:26] right? I mean so part of and I forgot about this. So part of part of my request

[20:31] Dan and OGM is really take these things. In the report that we give you all give

[20:37] this counsel and that's let's say six seven days. It's going to offer

[20:42] for recommendations that the Mind Center can consider.

[20:47] It's also the way to highlight current programs

[20:49] in the state that are designed to help build rail, right?

[20:53] So there's a lot of what they've asked for.

[20:55] We already have mechanisms in the state

[20:58] to some degree of success.

[21:00] Let's move in that ball.

[21:02] And I'll have that ready.

[21:03] We'll have that ready for you.

[21:05] I'm just getting to excited before I think.

[21:07] Oh, I'm not yet.

[21:08] We just need to come into my morning.

[21:09] What the heck?

[21:10] Anyway.

[21:10] Okay, so we can move on from that, but we will obviously continue to work through that.

[21:15] Maybe we can go ahead and turn to you for the Atlas update as well.

[21:18] Yeah, I would call it, I recognize the time, and I think we can summarize the critical

[21:22] matter of Atlas.

[21:23] We have been working with the Utah GS Facial Research Center to develop a website, sort

[21:30] of base one, where at least if an operator could come, or anyone, to stay colder can come

[21:35] and find everything they're looking for, whether it's Utah Geological Survey data,

[21:40] right away our transmission sites where is the rail right what are the water

[21:46] rights all of that stuff exists around the state in various geospatial

[21:50] platforms it's already there and the UGRC is agreed to build out a website

[21:57] that is a one-stop shop for all of that and that was one that was the first phase

[22:01] of the critical of the of the NIRL Atlas on the flip side they gave us a very

[22:06] robust estimate of what it would cost. And so we are considering working with Utah Geological

[22:12] Survey to do it for a little bit less money, right? But we plan to have something there by

[22:19] the next meeting, probably by the end of September, where we can come back and say, this is the website,

[22:24] maybe it's only in a sandbox at this point, but it's something we go in to move around.

[22:30] That's where we are. Thank you.

[22:32] Any questions on that? That's great.

[22:35] All right. Then we will go ahead and turn it over to Brian if you want to talk about any other critical minerals project.

[22:43] Yeah. I actually do have a presentation.

[22:46] Did you figure out how to cast there?

[22:48] Yeah. You're good.

[22:49] Okay. You see if I can actually do this.

[23:06] That's showing up.

[23:11] Can you guys see that?

[23:14] We can.

[23:15] Okay.

[23:19] I think we can make it all right.

[23:25] Okay, I'm just it's okay.

[23:26] There's not a lot. I don't I don't have any fancy stuff like jcads, so I'm just going to go through

[23:31] really quickly and just talk about sort of the the state of play right now with critical minerals.

[23:37] So just just to give you guys a sense, this is what we're currently producing here in the state

[23:42] like actively right now. So we're producing 11 critical minerals here in the state, which is it's

[23:48] great. A lot of these are coming out of you know out of operations where again they've got

[23:55] you know, multiple critical minerals coming out of the same operation.

[23:59] So this is something that, you know, we're excited about and that we want to build upon.

[24:03] Where we have what I call installed capacity.

[24:07] These are critical minerals that we have the facilities. They're just not currently operating for one reason or another.

[24:13] And, you know, some of this market issue, some of it is, you know, the facilities themselves or their operations are under question.

[24:19] but here we've got in cell capacity for lithium magnesium,

[24:22] radium, titanium, and vanadium.

[24:25] The lithium magnesium and titanium, we're all in the old

[24:28] US mag site that the state is working on getting up

[24:32] and running again.

[24:33] Renium is a rheotental canocon, and they could produce that

[24:36] again, and if they had a market for it and say

[24:38] with vanadium at energy fuels, those are just market issues.

[24:42] These are some of the minerals where we have no resources

[24:46] or historical production.

[24:47] So these are things that could be brought online very quickly

[24:49] because again we know we have these resources and you know again if there were investment

[24:54] in market we could bring a lot of these online quickly and then the thing that I want to

[24:58] spend most of the time talking about are just some of the projects that are currently in

[25:03] development in the state. So you know first of all with copper we've got you know two very

[25:10] significant expansions going on in our copper industry one is Maryana minerals that every reference

[25:14] before the others, Milford Mining, they're both in expansion mode and so we should see a lot

[25:20] more copper production coming online in the near future. On Germanic and Gallium, we really have,

[25:25] we have three different ways of producing in the state of producing Germanic and Gallium,

[25:29] but really only two of them are kind of inactive development right now. One is Germanic and Gallium

[25:34] at our Florespar mine, which is a byproduct of that Florespar mining operation. And then the other

[25:40] is a mine down in Washington County, which is actually primary source

[25:44] to remaining in Galilee, and it's under development right now.

[25:47] The floor spot we actually are producing now, and so that just barely came

[25:50] online. Antimony we talked about with American Tungsten and Antimony Company,

[25:56] which again is developing the Antimony mine in Antimony, Utah, and the Central

[26:03] Utah, and then also just announced an Antimony smelter that they intend to build

[26:07] in Cedar City. We talked about tungsten earlier. Again, a lot of claims out there in the West

[26:13] Desert and a facility in the West Desert to do initial processing of tungsten. And that would

[26:17] likely be paired with the refinery in Nevada. There are multiple uranium projects. We talked

[26:23] about the one with this technology. So that's, again, sort of, you know, on-site remediation and

[26:28] production of uranium. And then we also have lines from energy fuels, lines that, you know,

[26:36] have been in care and maintenance that are now producing again and then also a company

[26:40] called ISO Energy that is developing prospects here in Utah and also has announced that

[26:46] they want to potentially rehabilitate the shootering mill that's down close to Lake Powell.

[26:52] We have multiple lithium operations.

[26:54] We talked about water leaf a little bit, which is very exciting the support that they've

[26:58] gotten.

[26:59] We've also got a one lithium, which signed to deal with Pasco and South Korea, which is a major

[27:05] with them off-taker, and there may be opportunities for either off-take of lithium to their manufacturing

[27:13] facilities in South Korea, or actually building manufacturing facilities here in the US.

[27:19] Multiple potash plays, these are mostly brine potash plays in southeastern Utah,

[27:25] and companies that are sort of in various stages of exploration and development on that.

[27:30] Silverland Zinc. This is mostly in the and manganese. This is mostly in the

[27:35] Tintic District. So these are historic mining districts that we have three

[27:39] different companies that are in active exploration and development of those

[27:43] projects. And then also the the manganese. This is actually from a tailings

[27:47] facility in the Tintic District where you know we're basically just need a

[27:52] processing option for the manganese. So something that again something like a

[27:57] mine center could potentially help to fill that gap.

[28:00] And then the last thing is what we call our polymetallic deposit.

[28:03] This is ionic that we've talked about a little bit in this meeting where they have the opportunity

[28:08] to potentially produce a number of different critical minerals from their haloisite clay deposit

[28:14] there and targeting also the silica and aluminum production from that deposit.

[28:21] So you can see a lot of great activity that's happening in the state.

[28:25] In many cases, you know, these are things where, you know, we have established processes

[28:31] or facilities for some of these operations and a lot of things that, you know, we've

[28:36] done historically, and now we're coming back online, and in some cases, again, like with

[28:40] our, you know, our probably metallic deposit with ionic or the manganese or some of these

[28:45] others that would be beneficial to have more processing testing and scaling options.

[28:51] So that is my quick report on critical minerals, critical minerals here in the state.

[28:58] So any questions or comments on any of that?

[29:01] Ron, I'm actually curious, where is tutoring in the progress space?

[29:11] So they just barely announced that they were interested in rehabbing that operation, so they had a public announcement probably about two months ago.

[29:24] So it's still very much in kind of the development phase.

[29:30] But I mean, even to have that announcement was pretty significant.

[29:33] Even two or three years ago, we wouldn't have seen that on the uranium side.

[29:37] So.

[29:40] And like I said, the this is stuff is awesome. Yeah, yeah. And also what other thing to mention,

[29:47] this and ISO actually are in the process of doing it joint venture. And so they're actually sort of,

[29:54] you know, combining operations in certain parts of North America. So that's an exciting development as well.

[30:00] Fantastic. Great. Thank you, Brian. I appreciate that. We only have a few minutes left. Do we want to run into, go into close session to do our. So good to do that. If we're on timing. Yeah. Okay. Is there a motion to go into a closed session to have a discussion regarding additional members for the Utah Particle Minerals Council and to discuss their qualification, which is close under Utah Code 52420518.

[30:32] We're going to see if we'll call vote on that, Jake would you call a vote for me?

[30:37] Oh, yeah.

[30:38] Thank you.

[30:40] President Randall?

[30:42] Yes.

[30:43] I get it.

[30:44] Sorry.

[30:45] I know what I said in the list.

[30:48] Representative Sherwin.

[30:51] Yes.

[30:52] Chair Opsky, Director Thomas, Mr. Hart.

[31:00] Yes.

[31:06] Mr. Summers.

[31:08] Yes.

[31:10] Okay.

[31:11] Usually we would go into a separate room and everyone in the room and on the call is,

[31:19] member of the council or staff to members of the council so we can just go and then

[31:24] propose the recording and then we will start a new recording we can just go straight

[31:29] Thank you.

[31:30] Thank you.

[31:31] Thank you.

Recording of Utah Critical Minerals Council Meeting - 08/25/2026

Transcript