Business
American Tungsten Corp. Applauds U.S. Presidential Executive Order to Increase Domestic Critical Mineral Production
Vancouver, BC, March 24, 2025 (GLOBE NEWSWIRE) -- American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “Company”) applauds U.S. President Donald Trump’s Executive Order seeking to bolster the production of domestic critical minerals, including tungsten, and furthering the country’s national security agenda. This Executive Order, through the Defense Production Act (“DPA”) and other authorities, intends to take “immediate action to facilitate domestic mineral prod
About this update from American Tungsten Corp.
[{"type":"image","alt":"American Tungsten Corp.","displaySize":"","headline":null,"caption":"American Tungsten Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":120,"url":"https://media.zenfs.com/en/globenewswire.com/ecd75eed1a26dde38b3bb82c06821235"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/5BQmEyz28IoaW7qRBqRJCA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE2ODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/ecd75eed1a26dde38b3bb82c06821235","width":300,"height":120}},"lazy":false},{"type":"text","content":"Vancouver, BC, March 24, 2025 (GLOBE NEWSWIRE) -- American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “Company”) applauds U.S. President Donald Trump’s Executive Order seeking to bolster the production of domestic critical minerals, including tungsten, and furthering the country’s national security agenda.","length":342,"tagName":"p"},{"type":"text","content":"This Executive Order, through the Defense Production Act (“DPA”) and other authorities, intends to take “immediate action to facilitate domestic mineral production to the maximum possible extent”, which includes, among other items:","length":231,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The waiver of certain DPA restrictions for critical mineral projects, with the intention of enabling faster approval timelines for permitting and project-level funding processes; and","length":182,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":182,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"The advancement of domestic critical minerals supply chains via the creation of a centralized forum for critical mineral buyers and sellers to convene.","length":151,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":151,"olType":false},{"type":"text","content":"These measures within the Executive Order are in-line with American Tungsten’s long-term strategic plans to advance its flagship tungsten project in Idaho, U.S., the IMA Mine, and develop a secure, domestic supply chain for tungsten in the United States.","length":254,"tagName":"p"},{"type":"text","content":"The Company has engaged with the U.S. Department of Defense (the “DoD”) and is an active member of the U.S. Defense Industrial Base Consortium (the “DIBC”). Tungsten is classified as a critical ...