Business
Ares Strategic Mining Ships all Lumps Plant Steel and Infrastructure Equipment to New Site
(TheNewswire) Company ships Plant and Building steel and related infrastr...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining Ships all Lumps Plant Steel and Infrastructure Equipment to New Site\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Company ships Plant and Building steel and related\ninfrastructure.\n \n \n \n \n \n \n Ares has been securing land and buildings to house\nexpanded processing operation.\n \n \n \n \n \n \n Equipment to ship directly to new site.\n \n \n \n \n \n \n Steel structures and equipment will be integrated with\nAres’ Lumps Plant.\n \n \n \n \n \n \n Ares’ partners will accompany the steel and equipment\nto site to assist with installation.\n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire\n-\n \n \n May 17\n \n \n th\n \n \n , 2022 —\n \n \n Ares Strategic Mining\nInc.\n \n \n (the “Company”) (CSE:ARS) (OTC:ARSMF)\n(FRA: N8I1),\n \n \n is pleased to announce that the\nCompany has packaged and shipped all its Lumps Plant infrastructure to\nthe United States, where it will be integrated with its recently\narrived Lumps Plant at the Company’s new industrial site.\n \n \n \n \n The steel structure will provide a 3-storey structure,\nwhich will house the Company’s Lumps Plant, allowing workers to\noptimally adjust the plant as it produces metallurgical fluorspar\nlumps. The Lumps Plant will be the only one of its kind in the United\nStates, so Ares has arranged for experienced international operators\nto accompany the plant to Utah, where they will assist with the\nconstruction and optimization of the plant. Figure 1 shows the\ncomponents and steel structures which have shipped to Ares’\nindustrial site.\n \n \n \n \n Metallurgical fluorspar lumps are an extremely in\ndemand upgraded industrial product used in the steel industry.  The\nCompany is looking to supply internally within North America as part\nof its role as the only domestic U.S. producer once it reaches\nproduction. 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 only non-metallic Critical Mineral\nwhich is 100% imported in the entire country. Fluorspar’s\nclassification as a Critical Mineral in the United States translates\nto a faster permitting period, enabling mining operations to initiate\nmore quickly than operations for conventional...