Suche
 
Folgen Sie uns auf:

Ares Strategic Mining Announces Expansion to Rural Utah

22.06.2023  |  The Newswire
  • $19,000,000 capex
  • 40 jobs
  • 22,000 sq. ft.
  • Project Fluorescent

The Economic Development Corporation of Utah (EDCUtah) and the Utah Governor's Office of Economic Opportunity (GOEO) are pleased to announce that Ares Strategic Mining (CSE:ARS) (OTC:ARSMF) is bringing a new mining facility and up to 40 jobs to Millard County.

"Fluorspar is an important mineral for products used by the U.S. Department of Defense and other key industries, but most of the world's supply is currently produced outside of the U.S.," said Scott Cuthbertson, president and CEO of EDCUtah. "The expansion of Ares Strategic Mining to Millard County is an important win for both rural Utah and the U.S. manufacturing supply chain."


Ares Strategic Mining Inc. is a fluorspar mining company focused on developing North American fluorspar properties into manufacturing operations. Ares is a well-supported company focusing on the exploration, production, and supply of metallurgical and acidspar grades of fluorspar for the steel and aluminum industries, chemical industries, and lithium-ion batteries. Fluorspar has been deemed a critical mineral by the United States government for its in role in both national security and the U.S. economy. The only non-metallic critical mineral that is exclusively imported into the United States, fluorspar is one of the most widely used industrial minerals, attracting the support and interest of major industrial bases. Ares owns the only permitted fluorspar mine in the United States. Ares also has strategic partnerships with major international fluorspar producers, giving the company access to technology, proceedings information, market information, and engineering expertise.

"Ares has received significant government backing because of the strategic importance of the mineral to the economic security of the United States. We are now a financially well-supported company looking to bring an industry back to the United States and be part of the effort to secure the domestic industrial mineral supply to protect U.S. industry," said James Walker, president and CEO of Ares Strategic Mining. "We are very appreciative of the support and acknowledgment we have received as we progress our company towards production."

Gerritt Vander Linden, business development manager, collaborated with Project Fluorescent for EDCUtah.

Investors: If you were involved in this project and would like to add your organization to this announcement, please email connect@edcutah.org.

Gerritt Vander Linden
Business Development Manager
gvanderlinden@edcutah.org

Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
Ares Strategic Mining Inc.
Bergbau
A2PZ3F
CA04017M1041
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"