Michael Nathan Silver (born May 10, 1955) is a business executive, philanthropist, art collector, and commentator. He is the founder and CEO of American Elements,[2] a global high-technology materials manufacturer. He helped establish the post-Cold War rare earth supply chain from China to the U.S. and Europe. His philanthropy includes sponsoring materials science and green technology conferences[3] and educational television programs on high technology and contributing funding to the arts. He served as a trustee of the Natural History Museum of Los Angeles County and serves on the directors council of the Getty Museum and on the board of directors of the Institute of Contemporary Art in Los Angeles, CA. He writes and speaks on science education[4] and Sino-American relations.[5]
Early life and education
Michael Silver was born and raised in Los Angeles, California. He attended the University of Southern California (USC) receiving a B.A. degree in behavioral neuroscience in 1978 and then attended USC's JD/MBA dual degree program graduating in 1982. He practiced corporate law for 10 years, specializing in mergers & acquisitions.[3]
In the mid-1990s Silver founded American Elements as a manufacturer and metals refiner of rare earths and other critical metals serving U.S. industry. Upon the closing of Unocal/Molycorp in Mountain Pass, California and the Rhodia rare earth refinery in Freeport, Texas, ending U.S. rare earths metal production, he established the post-Cold War rare earth supply chain from Inner Mongolia, China to the U.S., Europe and Japan.[6][7] He then established American Elements facilities in Salt Lake City, Utah; Monterrey, Mexico; Baotou, China;[8] and Manchester, England and expanded production to include newly discovered elemental forms of other advanced materials such as nanoparticles,[9] green technology & alternative energy materials[10][11] and advanced military alloys.[12] In February 2021, Mr. Silver acquired 100% ownership of New Harbour Distillery, a South African-based distiller. [13]
Ways to Promote Better Sino-American Relations[31][32]
Geopolitics and global natural resources including minerals in China,[33][34] Afghanistan[35][36] and North Korea[37]
In 2010, Silver coined the phrases "innovation distortion"[38] to describe efforts to avoid the use of a given element solely because of concerns that it may be hoarded by nations with resource control of that material and "the environmentalism Catch-22" to describe the dilemma faced by the environmental movement which both supports a green technology future reliant on solar energy, wind power, electric cars and fuel cells and concurrently opposes the mining of the critical metals from which these technologies are manufactured.[22] In October 2014, Silver's editorial discussing these ideas was published in The Wall Street Journal.[29]
Silver coined the phrase "sovereign monopolies" to describe nations that have a sufficient percent of the world's reserves of a given metal or mineral that they can dictate its cost and force industries requiring the metal to move production to their country to obtain preferential pricing.[39] In October 2024 Silver told the New York Times that China will always control rare earth metal pricing.[40]
