The Hale Strategic Resources Initiative (HSRI) is a nonprofit research organization that analyzes how access to critical resources—such as minerals, energy, pharmaceuticals, and advanced technologies including AI, shapes global stability, national security, and economic growth. Our mission is to advance informed policy and strategic cooperation by providing rigorous research, actionable insights, and practical solutions for governments, industry, and civil society.
Building on the legacy of economist David Hale (1951–2015) whose research illuminated the connections between commodities, capital, global growth, and national security. SRI examines how the world’s essential materials underpin both prosperity and power.
Our research explores the intersection of markets, policy, and technology, focusing on sustainable strategies for securing critical inputs: from rare earths and energy minerals to semiconductors and data infrastructure.
From metals to molecules, HSRI’s mission is to provide clear, data-driven analysis of the industrial, scientific, and geopolitical foundations of national resilience, and to create blueprints for supply chain security and resilience. We are actively seeking engagement with allied nations around the world.
Our vision is supported by a network of experts, policymakers, and public and private institutions, as well as Track 1.5 organizations such as the Australian American Leadership Dialogue, which connect policymakers, researchers, business leaders, and civil society. Uniquely, HSRI also draws upon a network of real-world practitioners — large-scale developers, legal experts, project managers, engineers, and environmental specialists — who help evaluate the feasibility of the projects we study.
Research Focus
HSRI’s work centers on three interconnected domains of strategic importance:
1. Energy & Industrial Materials — rare earths, critical minerals, and advanced manufacturing inputs.
2. Technology & Infrastructure — semiconductors, data systems, and AI-enabled industrial processes.
3. Health & Biotech Supply Chains — pharmaceuticals, reagents, and medical devices as essential elements of national security and public-health preparedness.
Fellows Program
To expand its intellectual reach and build a global network of experts, HSRI will establish a Fellows Program comprising three tiers:
· Senior Fellows — established economists, technologists, and policy experts providing strategic guidance and authoring flagship papers.
· Research Fellows — early and mid-career professionals conducting targeted analyses and/or participating in joint projects.
· Non-Resident Fellows —international contributors collaborating virtually on HSRI initiatives.
Fellows are appointed by the Chair and Board for renewable one-year terms and contribute at least one research output or event participation annually. Participation is voluntary and non-remunerated unless attached to funded projects.
HSRI Fellows’ work will also be featured through econVue, an independent source of global economic news and opinions, enhancing the visibility and public reach of their research. This publication, which includes the Hale Report podcast, is edited by Lyric Hughes Hale and hosted on Substack.
Governance Overview
HSRI operates under a three-member founding board to ensure compliance, transparency, and strategic direction. The organization maintains a majority of US citizen directors to preserve eligibility for US government and defense-related research funding. Regular board meetings review finances, research progress, and strategic partnerships.
Founding Board of Directors
Lyric Hughes Hale — Director & Chair (Chicago) - Economist, author, and founder of HSRI. Editor-in-Chief of econVue and host of The Hale Report. Consultant to Fortune 200 companies on China. Co-edited What’s Next: Unconventional Wisdom on the Future of the World Economy, Yale University Press).Member of the Council on Foreign Relations, American Economic Association, and board member, the Australian American Leadership Dialogue.
Mark Roeder — Director (Sydney) - Author and strategist specializing in technology, markets, and society. Former executive with UBS, Westpac, and Zurich Financial. Author of The Big Mo: Why Momentum Rules Our World and Unnatural Selection: Why the Geeks Will Inherit the Earth, and an upcoming book on AI.
Mark P. Mills — Director (Washington) - Physicist-engineer, investor, and policy analyst focused on energy, technology, and industrial strategy. Founder of the National Center for Energy Analytics, Distinguished Senior Fellow at the Texas Public Policy Foundation, Faculty Fellow at Northwestern University, and author of The Cloud Revolution: How the Convergence of New Technologies Will Unleash the Next Economic Boom and a Roaring 2020s and other books.
Institutional Development Framework
As HSRI evolves from its founding stage into a fully operational research organization, it will establish a structured ecosystem to guide its growth and ensure transparency. The following framework outlines the core organizational pillars, membership opportunities, and fellowship system designed to support HSRI’s mission and expand its global reach.
Five Pillars
1. Supervisory Board — strategic oversight and governance.
2. Management Team — day-to-day operations and program management.
3. Clients — government agencies, corporations, and investors concerned with supply-chain resilience and national security.
4. Partners — fellows, universities, think tanks, and research centers contributing expertise and data.
5. Patrons & Sponsors — financial supporters through donations, grants, or project funding.
6. Advisory Board — policymakers, industry leaders, and key supporters.
Membership & Public Engagement
HSRI will offer membership opportunities for individuals and institutions wishing to engage with its research, participate in events, and support its mission. Membership will be non-voting and participatory. Donations, of any size, are always welcome.
Tiers and Annual Fees (USD)
· Individual Member — $500
Access to HSRI papers, panel invitations, member newsletter, and directory listing.
· Institutional Member — $7,500
All individual benefits plus five seats, co-hosting eligibility.
· Corporate / Patron Member — $25,000
All above benefits plus VIP roundtables, early briefings, and sponsor recognition.
· Founding Member (One-Time) — $1,000 (individual) / $10,000 (institutional) $50,000 (corporate).
Early supporters recognized for launching HSRI.
Hale Strategic Resources Initiative (HSRI) is a U.S. nonprofit organization recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code. HSRI conducts independent research, convenings, and feasibility-driven analysis focused on critical resources, industrial resilience, and long-term economic security.
Contributions to HSRI are tax-deductible to the extent permitted by law.
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HSRI Contacts:
US: Lyric Hughes Hale, lyrichale@halestrategic.com
Australia: Mark Roeder, markroeder@halestrategic.com