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Ares Mining's Utah Fluorspar Plant Reaches Major Construction Milestone

Ares Strategic Mining advances construction of Utah fluorspar plant, marking progress toward becoming first US domestic producer of critical mineral for manufacturing and tech industries.

This development matters because fluorspar is a critical mineral essential for numerous modern industries, including steel production, aluminum manufacturing, refrigerants, fluoropolymers, nuclear fuel, and semiconductor manufacturing. The United States currently relies heavily on imported fluorspar, primarily from China and Mexico, creating supply chain vulnerabilities. Ares Strategic Mining's project represents the only domestic fluorspar processing operation in the country, which could significantly enhance national security, reduce dependence on foreign sources, and create more resilient supply chains for critical materials. The successful development of this facility would support American manufacturing competitiveness and technological advancement while creating jobs and economic opportunities in Utah.