A fully integrated U.S. based rare earths project delivering 22 critical minerals.
Elements of Innovation
Our Foundation
Mine Redevelopment
Reclaiming and redeveloping a rare earth and iron ore mine in Washington County, Missouri.
Proven Longevity
The project includes three distinct REE deposits and a proven reserve spanning 40+ years.
Critical Supply
Our fully permitted project holds significant reserves of Pr, Nd, Tb, Dy, Sm, Co, and other vital rare earth elements.
Profitability
The pre-feasibility and NI 43-101 resource estimate confirm strong profitability, even at 2024’s lowest prices.
The Numbers
0%
Permitted
1
Years of Proven Resources
1$
Future Equity Commitment
1%
Veteran Management Team
Caldera is the only permitted heavy
rare earths mine outside China’s control.
Why Partner with Caldera?
Strategic Supply Chain
As the only permitted mine with geopolitically significant heavy rare earths outside China’s control,
Caldera is securing a 100% U.S.-based supply chain for HOT magnets and other critical products.
Building Key Partnerships
Through strategic alliances, Caldera is partnering with REE metal/magnet fabricators and EV motor manufacturers
to establish a self-sufficient U.S. supply chain for critical industries, ensuring national security and economic independence.
Overview
- Fully Permitted Mine
- $30M Invested: Pre-Feasibility & Permitting
- Sole Source for Non-Chinese Heavy Rare Earths
- Single Owner, No Debt
- Veteran Management Team
- Full Separations Capabilities for Light & Heavy Rare Earths
- Economic Stability Through Multiple By-Products
- Participation in Market Premiums for Qualified EV Drive Motors
- Potential to Provide 100% Domestic Content for SmCo Magnets
Milestones
- Pre-Feasibility Study – Complete
- Major Site Permits – Complete
- Selection of EPC Contractor – Complete
- Senior Management Team Identified – Complete
- Off-take Agreements – In progress
- Technology Licensing Agreement for Separation – In progress
- Completion of Feasibility Study (FS) – Mid 2025
- Selection of JV Partners – In progress
- Application with DoE Loan Program Office – Submission (Sept. 2024)
- Potential DOD Supply Commitment, Based on Program Funding
Caldera’s Business Model
The greatest risk for any REE company is China’s monopoly practices, which undermine competition. Caldera eliminates this risk through vertical integration and product diversification.
Caldera’s primary JV-partner is a tier 1 OEM automaker or EV motor supplier, ensuring a 100% U.S.-based supply chain for critical rare earth elements.
- Mining: Extracting and refining separated oxides
- Manufacturing: Converting materials into finished magnets
- Assembly: Producing EV drive motors
- End-Use: Supplying OEM automakers
Beyond rare earths, Caldera supplies other critical materials to hedge against market fluctuations. Our heavy REEs ensure profitability, even at current market levels (Nd/Pr: ~$50).