General Paul J. Kern Joins USA Rare Earth Board of Directors

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Decorated Officer Led Army Materiel Command, Serves on DoD’s Defense Science Board

NEW YORK, March 19, 2020 — via NEWMEDIAWIRE — USA Rare Earth LLC, the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project in West Texas, is pleased to announce that General Paul J. Kern, US Army (Ret.) has joined its Board of Directors.

General Kern had a distinguished career in the US Army spanning nearly 40 years. He rose to the position of the Commanding General, Army Materiel Command (AMC), where he commanded more than 50,000 personnel and was responsible for worldwide supply and maintenance support for the Department of Defense, as well as research for ground and rotary wing equipment.

“I am extremely pleased to join the Board of USA Rare Earth,” said General Kern. “Supply chain security is one of the most urgent issues facing our nation, especially for key critical materials required both for defense applications and high-tech manufacturing. It is imperative that the United States and its allies create a rare earth supply chain – from mine to magnet – that is independent of China. Given the abundant resources of the Round Top deposit in West Texas, supported by its processing facility in Colorado and strong existing infrastructure, I see this project as a viable and near-term solution to address this issue, and I will be working with the team at USA Rare Earth to that objective.”

“We are honored that General Kern has joined our Board,” said Pini Althaus, Chief Executive Officer of USA Rare Earth. “General Kern has a unique career which blends technical expertise, combat operations, program management, policy development, and advice to senior political leaders.

“General Kern is well-versed in the issues facing the United States and its allies as they develop a critical materials supply chain independent of China. He understands the essential need for the U.S. to build and sustain advanced manufacturing capabilities to support economic and manufacturing competitiveness and military strength.  I look forward to working with General Kern to achieve our objectives both with the United States Government as well as the private sector,” added Mr. Althaus.

General Kern is a member of the Defense Science Board, established by federal law in 1956, which provides independent advice and recommendations on scientific, technical, manufacturing, acquisitions process and policies, and other matters of interest to the Department of Defense. 

Throughout his career, General Kern won respect for his efforts to direct supply chain improvements, maintain field readiness and modernize weapons systems throughout the army.  His career blends technical expertise, combat operations, program management, policy development, and advice to senior political leaders.  Prior to being Commanding General, General Kern served four years as the Department of the Army Military Deputy for Research, Development and Acquisition.  As Commanding General of the 4th Infantry Division, Mechanized, he was responsible for developing organization, tactics, techniques, and equipment implementation that modernized today’s networked force. He served as Senior Military Assistant to the Secretary of Defense in 1993 to 1996.  General Kern began his career commanding operational units in the Blackhorse Regiment in Vietnam and subsequently led the 2d Brigade of the 24th Infantry Division in Iraq in 1991.

General Kern is a Senior Counselor with The Cohen Group (TCG) and Chairman of the board of Advanced Functional Fabrics of America (AFFOA).  He is a member of the Boards of Management of By Light Professional Services LLC, Trijicon, and CoVant Management, and the Advisory Boards of TenCate Advanced Armor and LinQuest Corporation.

Since retiring from the Army in 2005, General Kern has held the Class of 1950 Chair for Advanced Technology at West Point, served as President and Chief Operating Officer of AM General and was a Vice President for Battelle.  He has also served as a member of the Boards of Director of Anteon, EDO, ITT, Exelis, and iRobot Corporation.

General Kern graduated from West Point in 1967 with a Bachelor of Science degree. He holds Masters’ Degrees in Civil and Mechanical Engineering from the University of Michigan and was elected to the National Academy of Engineering in 2006. He was a National Security Fellow at the J.F. Kennedy School, Harvard University.

USA Rare Earth, together with its partner Texas Mineral Resources Corp. (OTCQB: TMRC), participated in both the Cornerstone U.S. Industrial Base Resiliency and Assurance initiative of the Army and FA 8650-19-S-5010 CALL 005 request by the Air Force.

In the past three years, the Round Top project and TMRC have been part of teams selected for two U.S. Government grants, one from the Department of Defense (DoD) and the other from the Department of Energy (DoE). Round Top’s successful demonstration project for the DoD (via the U.S. Defense Logistics Agency) (BAA-DLASM-2015-01) focused on the ultra-high purity processing of specific high-value rare earths extracted from Round Top rock, which are included in the new “critical minerals” list published by the Department of the Interior.

About USA Rare Earth, LLC

USA Rare Earth, LLC has an option to earn up to an 80% interest in the Round Top Heavy Rare Earth and Critical Minerals Project located in Hudspeth County, West Texas from Texas Mineral Resources Corp. (TMRC: OTCQB).  Round Top hosts a wide range of critical heavy rare earth elements, high-tech metals, including lithium, uranium and beryllium, and, based in the Preliminary Economic Assessment (effective date July 1, 2019) is projected to be among the lowest-cost rare earth projects in the world.  The Round Top Deposit hosts 16 of the 17 rare earth elements, plus other high-value tech minerals (including lithium) and is well located to serve the US internal demand. In excess of 60% of materials at Round Top will be used directly in green or renewable energy technologies. Round Top contains 13 of the 35 minerals deemed “critical” by the Department of the Interior and contains critical elements required by the United States, both for national defense and industry. For more information about USA Rare Earth, visit www.usarareearth.com

Company Contact:

USA Rare Earth LLC Pini Althaus, Chief Executive Officer Email: [email protected] Twitter: @USARareEarth

Primary Logo