Texas Strengthens Rare Earth Supply Chain with Strategic Advisor…

Event summary

Tactical Resources Corp. appointed P. Lourcey Sams, Chairman of the Pecos River Commission, as Special Advisor on September 23, 2026.
Sams brings nearly five decades of experience in energy, commercial development, and regional economic development in Texas.
Tactical Resources is advancing the Peak Project in Hudspeth County, Texas, focusing on rare earth-enriched pre-crushed fines stockpiles.
The global rare earth magnets market is projected to grow from $21.98 billion in 2025 to $30.01 billion by 2030, a CAGR of 6.4%.
Texas is emerging as a hub for the U.S. rare earth supply chain, with significant investments and state-level support.

The big picture

Texas is positioning itself as a key player in the U.S. rare earth supply chain, leveraging state-level support, strategic partnerships, and significant investments. The appointment of P. Lourcey Sams as Special Advisor to Tactical Resources Corp. underscores the importance of regional networks and commercial relationships in advancing early-stage rare earth projects. The global rare earth magnets market is projected to grow significantly, driven by demand from electric vehicles, wind turbines, robotics, and consumer electronics, making domestic supply chain development a strategic priority.

What we're watching

Strategic Partnerships: How Tactical Resources' new advisor will facilitate commercial partnerships and state funding opportunities.
Market Dynamics: Whether Texas can sustain its position as a hub for the U.S. rare earth supply chain amid growing competition.
Execution Risk: The pace at which Tactical Resources can advance the Peak Project from an early stage to commercial viability.