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Ares Mining Hits Production Milestone with Fluorspar Stockpiling at Lost Sheep Mine

Ares Strategic Mining begins fluorspar ore stockpiling at Utah's Lost Sheep Mine, marking production transition for this U.S. critical mineral essential for manufacturing and clean energy.

This development matters because fluorspar is designated as a U.S. critical mineral essential for numerous industries including steel manufacturing, semiconductor production, clean energy technologies, and national defense applications. With geopolitical tensions and supply chain vulnerabilities highlighting the importance of domestic mineral production, Ares Strategic Mining's progress at the Lost Sheep Mine represents a concrete step toward reducing American dependence on foreign sources for this vital material. As the only permitted and operating fluorspar mine in the United States, its successful transition to production directly supports domestic manufacturing capabilities, enhances national security, and contributes to building more resilient supply chains for technologies ranging from electric vehicles to advanced electronics. The visible stockpiling of ore demonstrates operational viability that could help stabilize pricing and availability for downstream industries that rely on fluorspar-derived products.