Dec. 1 at 2:02 PM
$ARSMF - "We’re preparing for strong domestic fluorspar demand next year and the closing of a significant government contract to support stockpiling of critical minerals.
The U.S. Export-Import Bank (EXIM) announced it will invest
$100 billion to secure U.S. and allied supply chains for critical minerals and nuclear energy.
What does this mean for ARES? As the only domestic U.S. source for fluorspar, we are well-positioned to access EXIM financing for capital and expansion needs. This official backing directly boosts demand from U.S. manufacturers, who are incentivized to use trusted domestic supply, and attracts further private investment.
Canada has announced a multi-billion-dollar Critical Minerals Strategy, including a
$2.X billion Sovereign Fund, aimed at boosting North American manufacturing of key minerals.
Ares benefits from sustained high-volume demand and premium pricing, cementing our role as a key player in the continent’s push for mineral independence."