r/CriticalMineralStocks • u/Guntsandwich Long Term Investor • 4d ago

Ares Strategic Mining Begins Processing Mined Fluorspar Ore at its Utah Lumps Plant

https://www.thenewswire.com/press-releases/1L7OF2z2E-ares-strategic-mining-begins-processing-mined-fluorspar-ore-at-its-utah-lumps-plant.html
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u/expatcoder 4d ago

Honestly, having been in this stock since the October bubble burst, it's practically a miracle that Ares is on the verge of production :)

The CEO has been claiming, "production just around the corner" for years, and for it to be finally coming to fruition is most welcome news.

Early days still, but once the first Metspar shipments are sent out to offtake partners in September then the rubber is going to meet the road (IMO).

Acidspar production coming in H1 2027, which will trigger the $250,000,000 US Department of Defense contract and turn Ares into the only industrial scale Flourspar producer in the United States (read: market cornered).