Category: News

Executive Summary Ares Strategic Mining has recently secured a multi-year contract with the Pentagon, valued at approximately $169 million initially, with potential task orders that could increase the total value to $250 million over five years. This contract marks a significant step for Ares in the strategic minerals sector, particularly as fluorspar plays a crucial…

Executive Summary Ares Strategic Mining has officially entered into a supply agreement with the U.S. government to provide fluorspar, a critical mineral for various industrial applications, including aluminum production and the manufacturing of fluorinated chemicals. This deal not only underscores the increasing strategic importance of domestic fluorspar production but also highlights Ares’s role in bolstering…

Executive Summary The Electronic Hydrofluoric Acid (e-HF) market is poised for significant growth, driven by increasing demand in sectors such as semiconductors and specialty chemicals. With an estimated market value of USD 1.2 billion in 2023, projections indicate a compound annual growth rate (CAGR) of approximately 6.5% through 2030, reflecting robust adoption trends across various…

Executive Summary Ares Strategic Mining has announced a significant contract to supply fluorspar to the U.S. government, marking a pivotal development in the domestic supply chain of this critical mineral. As global demand for fluorspar surges—driven by its indispensable role in various industrial applications—the implications of this agreement extend beyond mere supply, influencing market dynamics,…

Executive Summary Ares Strategic Mining has secured a landmark contract with the U.S. Department of Defense, positioning itself as the sole domestic supplier of fluorspar, a critical mineral essential for various industrial applications. This strategic partnership not only enhances U.S. supply chain security but also underscores the growing importance of domestic resource extraction in light…

Executive Summary Ares Strategic Mining has achieved a significant milestone by securing a contract with the Pentagon, positioning itself as the sole supplier of fluorspar in the United States. This development not only underscores the strategic importance of fluorspar in defense and industrial applications but also highlights the shifting dynamics of supply chains amid increasing…

Executive Summary The innovative application of ball-milling technology has emerged as a pivotal method for addressing environmental concerns related to per- and polyfluoroalkyl substances (PFAS) while simultaneously enabling the recovery of valuable fluorine. This dual benefit positions the technology as a potential game changer in both the environmental remediation and fluorine markets, particularly as demand…

Executive Summary Ares Strategic Mining has recently made a significant discovery in its fluorspar ore, revealing the presence of high-value germanium alongside gallium. This finding not only enhances the economic potential of their mining operations but also signals a growing interest in critical minerals that are essential for technology and renewable energy applications. The dual…

Executive Summary CleanTech Vanadium has expressed strong support for the U.S. Department of Energy’s (DOE) recent US$1 billion initiative aimed at fortifying the domestic supply chain for critical minerals and materials. This strategic move is anticipated to bolster both economic resilience and national security, particularly amid the growing demand for advanced materials in clean energy…

Executive Summary Mont Royal Resources has officially recommenced its Preliminary Economic Assessment (PEA) study, enlisting Altris Engineering to spearhead the project. This strategic move comes at a crucial time as the demand for fluorspar—an essential mineral in various industrial applications—continues to rise, driven by the growth of lithium-ion battery production and the evolving green economy.…