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Ares Strategic Mining Announces Lumps Plant Arrival at its Utah Site

(TheNewswire) Highlights Include: The plant will be the first of ...

articleAres Strategic Mining IncMarch 1, 20225/company/ares-strategic-mining-inc/news/ares-strategic-mining-announces-lumps-plant-arrival-at-its-utah-site
Ares Strategic Mining Announces Lumps Plant Arrival at its Utah Site

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[{"type":"text","content":"Ares Strategic Mining Announces Lumps Plant Arrival at its Utah Site\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Highlights Include:\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 Vancouver, B.C. -\n \n TheNewswire -\n \n March 1st, 2022\n—\n \n Ares Strategic Mining Inc.\n \n (the “Company”) (CSE:ARS) (OTC:ARSMF) (FRA:N8I1), is pleased to\nannounce that the Company’s metallurgical lumps plant has arrived at\nis industrial site in Delta, Utah. The plant is a large 3-storey\nfacility, which will be the only one of its kind in North America. The\nplant was shipped from Asia and was routed through Long Beach,\nCalifornia.\n \n \n Ares’ strategic partner in Asia, the Mujim Group, has committed to\nprovide labor and expertise for the installation and optimization of\nthe plant. Mujim has already commissioned several fluorspar mining\noperations in Asia, most notably in Thailand and Laos, and have agreed\nto share their expertise and experience to assist Ares commence\noperations as efficiently as possible. Mujim’s Executive Chairman,\nMr. Bob Li, will oversee the installation and initial production, and\nwill be appointed as the Chief Technology Officer for the plant\ncommissioning.\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 \n \n \n \n Click Image To View Full Size\n \n \n \n \n Several Components of Ares’ Lumps Plant\n \n \n \n \n James Walker, President and CEO of the Company said,\n“All the components of our operation, construction, and production\nare lining u...

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