Blockchain Registration Transaction Record

Ares Mining Wins $169M DoD Deal to Secure U.S. Fluorspar Supply

Ares Strategic Mining secures a $168.9M U.S. DoD contract as sole domestic supplier of critical fluorspar mineral, boosting national supply chain resilience.

This contract represents a critical shift in U.S. industrial and national security policy, directly addressing vulnerabilities in supply chains for essential materials. Fluorspar is fundamental to producing everything from semiconductors and batteries to missile systems and aluminum, yet the U.S. has been entirely reliant on imports—often from geopolitically unstable regions. By establishing a domestic supplier through Ares, the Department of Defense is mitigating strategic risks that could disrupt defense production, clean energy adoption, and advanced manufacturing. For consumers and industries, this move enhances long-term economic stability and technological sovereignty, reducing dependence on foreign sources and strengthening America's competitive edge in high-tech sectors. It signals a broader governmental commitment to reshoring critical industries, which could lead to more jobs, increased innovation, and greater resilience against global supply chain disruptions.