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Forge Resources Intends to Apply for Export Permits to Ship Coal Samples to U.S. Laboratory for Metallurgical and Thermal Testing
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("Forge" or the "Company") announces i
About this update from Forge Resources Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) (\"Forge\" or the \"Company\") announces its intention to apply for export permits to send representative coal samples from its La Estrella Colombian project to a U.S.-based laboratory for advanced metallurgical and thermal testing. If approved, the samples would be analyzed by Matexcel to assess key thermal and steelmaking characteristics, including coke strength, fluidity, ash composition, volatile matter, sulfur content, and overall carbon performance. The results will inform classification within global thermal and metallurgical coal markets and guide further technical planning. Strategic Context Metallurgical coal has recently been elevated within U.S. policy frameworks as a strategically significant industrial input. In 2025, the U.S. Department of Energy designated metallurgical coal as a \"critical material,\" followed by the U.S. Department of the Interior classifying it as a \"critical mineral.\" These designations reinforce its importance to national industrial capacity and may support expedited permitting pathways, enhanced funding eligibility, and broader alignment with critical materials policy frameworks. In parallel, U.S. legislative initiatives - including the Critical Mineral Consistency Act of 2025 and the Finding ORE Act - aim to harmonize federal critical minerals lists and expand strategic resource mapping and oversight. Recent federal fiscal policy has also incorporated metallurgical coal into advanced manufacturing production incentive frameworks, further integrating it into U.S. industrial and energy security strategy. Collectively, these developments reflect a broader reclassification of metallurgical coal as a strategic input material essential to steel production, industrial resilience, and defense-adjacent manufacturing capacity, rather than solely a traditional bulk commodity. About Forge Resources Corp. Forge Resources Corp. is a Canadian-listed junior exploration company. The Company holds an 80% in Aion Mining Corp., a company that is developing the fully permitted La Estrella coal project in Santander, Colombia. La Estrella contains eight known seams of metallurgical and thermal coal. The Company also holds an option on the Alotta project, a prospective porphyry copper-gold-...