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
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