We’ve uncovered just such a company.Įnter Ares Strategic Mining ( TSX.V: ARS, OTC: ARSMF) with a Domestic SolutionĪres Strategic Mining is a junior natural resource mining company focused on bringing active domestic US Fluorspar into production within the next twelve months. The government designation has set a mandate for the US to begin producing Fluorspar and at the same time paved the path for US mining companies who can provide a domestic source for the material. The fluorspar downstream product value is greater than $112 billion worldwide annually.įluorspar or fluorite (CaF2) is a valuable strategic mineralįluorspar – also known as fluorite or technically referred to as calcium fluoride (CaF2) – is difficult to source and the major producing regions are all outside of the US including China, Mexico, Mongolia/CIS and South Africa. that it is classified as a Strategic Mineral by not only the USA, but China and the European Union.
The mineral qualifies as a critical mineral because it has been identified as a mineral material that is essential to the economic and national security of the United States, the absence of which would have significant consequences for the economy or national security.įluorspar is so rare and important to the U.S.A. In 2018, the US Government declared Fluorspar a strategic and critical material in the United States. This is largely due to the fact that China is by far the largest producer and supplier of this rare mineral “Fluospar”.Īs of right now, China has stronghold on Fluorspar production and supply which, Ares Strategic Mining ( TSX.V: ARS, OTC: ARSMF) aims to change as the ONLY PRODUCING FLUORSPAR MINE IN THE U.S.A. government classified 35 mineral commodities deemed critical and included “Fluorspar”. This dependency on foreign sources creates a strategic vulnerability for both its economy and military to adverse foreign government action, natural disaster, and other events that can disrupt supply of these key minerals. The United States is heavily reliant on imports of certain mineral commodities that are vital to the Nation’s security and economic prosperity. Fluorspar is a part of so many things we use in our everyday lives, we wanted to put together a small list for you here just to get a grasp of how big this has the potential to be from the ONLY permitted and producing Fluorspar mine in the U.S.A., Ares Strategic Mining ( TSX.V: ARS, OTC: ARSMF)
You may not realize this, but you probably use Fluorspar everyday, and that’s what makes this such an exciting opportunity. Ares Strategic Mining ( TSX.V: ARS, OTC: ARSMF) is Developing the Only Permitted and Producing Fluorspar Mine in the United States, offering a Much-Needed Domestic Source for This Strategic Mineral