Royalty Management portfolio company TR Mining discovers Rare Earth Elements in Jamaican Deposit
Royalty Management Holdings Corp CEO Thomas Sauvé joined Steve Darling from Proactive to announce that its portfolio company, TR Mining, has uncovered valuable rare earth elements (REEs) within its exclusive prospecting lease in Jamaica, following an expanded sampling and analysis program. The lease area, which contains 213 million tons of raw black sand feedstock, was previously known for its deposits of iron ore, titanium, and vanadium—key industrial elements. The new findings, however, reveal significant concentrations of high-value rare earth elements, which are essential for a range of strategic technologies including electric vehicles, wind turbines, defense systems, data centers, and advanced electronics. The discovery marks a major development, expanding the economic potential of the project well beyond its original scope. According to Sauvé, the simplicity of the mining method, combined with high concentrations of valuable materials, positions this project as one of the lowest-cost sources of titanium, magnetite, and vanadium feedstock in the global marketplace. Royalty Management Holdings holds a 10% royalty on all mineral sales from the site, providing a direct revenue stream as the project advances toward production. The company is working in tandem with TR Mining to finalize mining permits, commence commercial extraction, and deliver economic benefits and job opportunities for Jamaica. Sauve also shared the company is working to build a domestic rare earth supply chain in the U.S.—a structure currently lacking in the country. As for growth, Sauve confirmed the company remains open to new opportunities: “We’re always looking for good ideas… we look at a variety of resources and assets.” #proactiveinvestors #royaltymanagementholdingcorp #nasdaq #rmco #RareEarthElements #TRMining #ResourceInvestment #Vanadium #Titanium #IronOre #JamaicaMining #USRareEarths #MiningNews #CEOInterview #ProactiveInvestors #NasdaqStocks
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