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Ares Strategic Mining Announces Arrival of All Plant Equipment and Steel

(TheNewswire) The plant will be the first of its kind in North America. ...

articleAres Strategic Mining IncJuly 11, 20223/company/ares-strategic-mining-inc/news/ares-strategic-mining-announces-arrival-of-all-plant-equipment-and-steel
Ares Strategic Mining Announces Arrival of All Plant Equipment and Steel

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[{"type":"text","content":"Ares Strategic Mining Announces Arrival of All Plant Equipment and Steel\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n The plant will be the first of its kind in North\nAmerica.\n \n \n \n \n \n \n Once operational the plant will produce the only\ndomestic supply of fluorspar in the US.\n \n \n \n \n \n \n Plant optimization expertise supplied by international\nfluorspar producers.\n \n \n \n \n \n \n Product predominantly anticipated to fuel the steel\nindustry.\n \n \n \n \n \n \n Significant interest expressed in Ares’ anticipated\nproducts by international and domestic manufacturers.\n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire -\n \n \n July 11\n \n \n th\n \n \n , 2022 — Ares Strategic Mining Inc. (the\n“Company”) (CSE:ARS)\n \n \n (CNSX:ARS.CN)\n \n \n (OTC:ARSMF) (FRA:N8I1),\nis pleased to announce that the Company’s plant equipment and steel\nhas arrived at its new industrial site in Delta, Utah. The plant is a\nlarge 3-storey facility, which will be the only one of its kind in\nNorth America. The plant equipment and steel, involving 11 shipping\ncontainers, were shipped from Asia and was routed through Long Beach,\nCalifornia.\n \n \n \n \n Ares’ strategic partner in Asia, the Mujim Group, has\ncommitted to provide labor and expertise for the installation and\noptimization of the plant. Mujim has already commissioned several\nfluorspar mining operations in Asia, most notably in Thailand and\nLaos, and have agreed to share their expertise and experience to\nassist Ares commence operations as efficiently as possible. Mujim’s\nExecutive Chairman, Mr. Bob Li, will oversee the installation and\ninitial production, and will be appointed as the Chief Technology\nOfficer for the plant commissioning.\n \n \n \n \n Industrial manufacturers, both international and\ndomestic, have expressed considerable interest in the product and are\ncurrently in negotiations with the Company to develop contracts for\nfuture purchases of the metallurgical fluorspar lumps. The lumps are\nexpected to principally supply the steel industry, but will also feed\ninto the ceramics and glass industries.\n \n \n \n \n In 2018 the U.S. government classified fluorspar as a\nCritical Mineral, “deemed critical to U.S. national security and the\neconomy”. Fluorspar remains the...

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