Eutectix Supports H.R. 1407 METALS Act

Hunter Introduces H.R. 1407 METALS Act to Curtail U.S. Dependence on Foreign-Sourced Strategic and Critical Materials

Eutectix supports H.R. 1407 to incentivize the U.S. military to obtain rare earth materials made in America.

Eutectix operates factories in Arizona and Michigan that manufacture rare earth materials critical to military and industrial manufacturing. Eutectix acquired these facilities after market factors drove both predecessor companies to bankruptcy leaving China as the dominant supplier.

Eutectix has retained our capability for making these products, but has lost a substantial amount of our magnet alloy powder and rare earth conversion businesses. Eutectix currently makes many other high purity alloy products, such as superalloy rods or master alloys and hydrogen storage alloys.

Eutectix acquired facilities in Troy, Michigan from the Canadian junior mining concern, Great Western Minerals Group, Ltd in May, 2014. In April of 2016, we acquired the former MolyCorp Metals and Alloys plant in Tolleson, Arizona. The Tolleson plant had ceased operating in December of 2015 and had been busy processing samarium cobalt (SmCo) magnet alloy powders and iron neodymium boron (FeNdB) magnet powders. Eutectix has production capability to convert rare earth (and scandium) oxides and fluorides to high purity metal in its Tolleson plant.

We support the notion that the U.S. must increase its competitiveness in the market for rare earth elements and advanced materials.

We urge congress to take meaningful action to

  • reduce rare earth materials supply risk
  • level the playing field for rare earth materials and value added products made from them

About Bob Russotti

Robert Russotti is the Chief Digital Officer and co-founder of Eutectix, LLC. He has worked in consumer and industrial markets at Fortune 500 companies and with non-profits serving education and industrial markets. He co-founded Voltaix, LLC in 1986 (acquired by Air Liquide in 2013) and was granted a patent for the manufacture of germane gas. Robert is a member of the Digital Analytics Association (DAA) and the Search Engine Marketing Professionals Organization (SEMPO). He served on the DAA Web Analytics Standards Committee and the Emerging Technology Committee for SEMPO. He has guest lectured at industry events and at NYU and SUNY Stony Brook about marketing, branding, analytics and social media. He has been a consultant to companies in a wide range of businesses. Robert has an SBA from Long Island University, an MBA in administration from Adelphi University and a B.S. in Chemistry combined with Math and Physics from SUNY Albany.