The Meridian Report

The Nuclear Fuel Cycle's Red Wedding

From the Nine Citadels to Project Janus—The Department of War sends its regards.

Mar 6 • Steve

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February 2026

The EPA Announcement: NEPA, Environmental Reviews, and the Emerging Energy Landscape

How the revocation of the "Endangerment Finding" is only the latest effort by the Trump Administration to "clear the runway" for emerging markets.

Feb 12 • Steve

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Trade Strategy and Portfolio Management: A METC Case Study

Strategies to manage a trade and capitalize on volatility, time, and underlying value.

Feb 8 • Steve

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January 2026

The Red Zone: Surviving the Defense Mineral Embargo

The $275M push to turn waste into minerals—and the consortiums quietly leading the charge.

Jan 24 • Steve

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The Hidden Kill Switch in the Defense Logistics Agency's Rare Earth RFI

How reading the fine print redefines the trade—and why regulatory survivability beats chemistry.

Jan 24 • Steve

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The Meridian Terminal

Steve’s ledger of modeled trades, strategies, and notes.

Jan 22 • Steve

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December 2025

Q&A Series 2: Section III

A third batch of questions and answers arriving for the holidays.

Dec 28, 2025 • Steve

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Q&A Series 2: Section II

A second batch of questions and answers arriving for the holidays.

Dec 27, 2025 • Steve

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Q&A Series 2: Section I

Next few batches of questions and answers arriving for the holidays.

Dec 23, 2025 • Steve

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Financial Gain: What Really Matters?

How much really changes when you make a lot of money?

Dec 6, 2025 • Steve

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November 2025

Envisioning the Western Supply Chain

Visualizing how governments are beginning to cooperate in rare earths.

Nov 26, 2025 • Steve

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Joint Ventures, Equity, and Supply Chains: What on Earth is Happening With POSCO International?

Looking at POSCO to see the shape of western supply chains..

Nov 18, 2025 • Steve

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