Luka Erceg
President and CEO
Simbol Mining Corp.
Aluminium
Major Uses: domestic consumption, transportation, building, electrical
Import Dependency for U.S.: 38%
Major Importers: Canada, Russia, China, Mexico
Promoting the development of American mineral resources.
Luka is co-founder, President and CEO of Simbol Mining Corp., a venture backed clean technology company focused on the production of lithium and other metals from brines and effluent streams. Since 2005, Luka represented clients in venture capital and strategic transactions as both an attorney and consultant. His experience includes 11 years of strategic development activities ranging from new business ventures, financings, mergers and acquisitions with companies such as El Paso Corp., CenterPoint Energy, Fluor Daniel and Philip Services Corp.
Luka received his M.B.A. in 2007, graduating as a Jones Scholar, from the Jones School of Management at Rice University. He also holds a Master of Laws (LL.M.) from the University of Houston Law Center, a J.D. fromSouth Texas College of Law, a Bachelors in Marketing from the University of Guelph, and is licensed to practice law in the State of Texas.
METALS & MINERALS 101
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Iron
Major Uses: construction, transportation (predominantly automotive), cans and containers
Import Dependency for U.S.: 7%
Major Importers: Canada, European Union, China, Mexico -
Cobalt
Major Uses: aircraft gas turbine engines, cemented carbides for cutting, wear-resistant applications
Import Dependency for U.S.: 81%
Major Importers: Norway, Russia, China, Canada -
Copper
Major Uses: building construction, electric and electronic products, and transportation equipment
Import Dependency for U.S.: 30%
Major Importers: Chile, Canada, Peru, Mexico -
Palladium
Major Uses: catalysts to decrease harmful emissions in light- and heavy-duty vehicles, also used in chemical and petroleum refining sector, and fabrication of laboratory equipment
Import Dependency for U.S.: 94%
Major Importers: South Africa, Germany, United Kingdom, Canada -
Silver
Major Uses: coins and medals, industrial applications, jewelry and silverware, and photography
Import Dependency for U.S.: 65%
Major Importers: Mexico, Canada, Peru, Chile -
Tantalum
Major Uses: automotive electronics, pagers, personal computers, and portable telephones
Import Dependency for U.S.: 100%
Major Importers: Australia, China, Kazakhstan, Germany -
Rhenium
Major Uses: petroleum-reforming catalysts, superalloys used in turbine engine components
Import Dependency for U.S.: 86%
Major Importers: Chile, Netherlands -
Platinum
Major Uses: catalysts to decrease harmful emissions in light- and heavy-duty vehicles, also used in chemical and petroleum refining sector, and fabrication of laboratory equipment
Import Dependency for U.S.: 94%
Major Importers: South Africa, Germany, United Kingdom, Canada -
Gold
Major Uses: Jewelry and arts, electrical and electronics, dental and other
Import Dependency for U.S.: 33%
Major Importers: Canada, Mexico, Peru, Chile
