【Ferro-alloys.com】：Fluorspar Market Potential: The U.S. consumes about 445 tons of fluorspar annually, relying almost entirely on imports, while Ares Strategic Mining operates the only permitted fluorspar mine at Lost Sheep in Utah, addressing a critical gap in the domestic supply chain with significant strategic implications.

Capital Raising Plans: On June 8, 2026, the company filed a $100 million base shelf registration with the SEC to support its transition from development to sustained production, reflecting its ambitious growth strategy.

Defense Department Contract: Ares secured a five-year Indefinite Delivery/Indefinite Quantity contract with the U.S. Department of Defense, potentially worth up to $250 million in future orders, enhancing its market position in the critical minerals sector.

Production Targets: The company aims for an annual output of approximately 45,400 to 54,500 tons of final products, and while it has not yet achieved commercial production, these targets offer investors long-term growth potential.

• [Editor:Alakay]