Fox Meyer

I'm not sure you'd be able to see it, but it would be there.

And this is an advantage that New Zealand has.

We have heaps of different types of critical minerals.

You can go on the GNS website and look at a map of all this stuff.

But the trick is getting it out of the ground.

And that's sort of what we're getting at here, right?

Like if you go take a piece of rock from Fiordland, yeah, you might be able to find some critical minerals in there, but you have to pulverize that rock and then get them out.

And that's a very toxic process.

It's very expensive.

Fortunately, we've had billions of years of the ocean doing that work for us.

All of these mineral sands and these iron sands on the west coast of the North and South Islands have already been pulverized.

We don't have to do that job of physically crushing the rock.

We can go through and we can sort out the things that we want from the rest of the sand that we don't want.

Historically, that has been iron or that has been gold, but mixed in with those greens, there are also little bits of vanadium or other things we might be interested in.

You don't have to go far.

You could go grab a fistful of sand off the beach and you're probably holding a critical mineral.

You just might not be able to see it.

But these things are used for all sorts of stuff.

Some for steel, some for weapons, some for electronics or batteries, whatever.

So how do you identify it?