Dec. 26 at 9:44 PM
$ARSMF The good news is starting to roll in. Hope new investors take notice.
From Global News Wire:
Ares Strategic Mining Inc. (ARSMF.NaE) is solving the material bottleneck.
You cannot build the factories, the reactors, or the batteries without Fluorspar. It is the chemical backbone of steel and aluminum production. The United States imports 100% of it. Ares is fixing that.
The company is advancing the Lost Sheep Mine in Utah—the only permitted fluorspar mine in the country. This is not exploration. This is extraction imminent.
In early December, the company issued a construction update confirming underground infrastructure is complete. The mine is transitioning from development to production. Ventilation systems are operational. Drilling equipment is mobilized. The timeline to first ore is measured in quarters, not years.
The U.S. government has designated fluorspar as a critical mineral essential to national security. Domestic supply chains are not optional. They are mandatory.