Source link : https://theamericannews.net/america/venezuela/alaska-range-resources-secures-43-4m-grant-to-boost-antimony-supply-for-national-defense/
In a significant move to bolster its strategic minerals supply chain, the U.S. Department of War has awarded a substantial $43.4 million contract to Alaska Range Resources. This funding is earmarked for the development and secure sourcing of antimony, a critical mineral used in various defense and industrial applications. As global supply chains face increasing pressures and uncertainties, the initiative aims to enhance national security by ensuring a stable and domestic supply of this essential resource. The investment not only underscores the government’s commitment to advancing resource independence but also signals a growing recognition of the strategic importance of antimony in modern technology and military operations. As Alaska Range Resources gears up to expand its operations, this partnership could play a pivotal role in reshaping the U.S. mineral landscape and fortifying its defense capabilities.
U.S. Department of War Invests in Antimony Supply Chain Security Through Alaska Range Resources
The U.S. Department of War has made a significant investment of $43.4 million to bolster the antimony supply chain by partnering with Alaska Range Resources. This funding is aimed at addressing national security concerns related to the dependency on foreign sources for critical minerals, particularly antimony, which is essential for various defense applications. By prioritizing domestic production, the initiative seeks to mitigate vulnerabilities in the supply chain and…
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Author : William Green
Publish date : 2025-10-12 05:19:00
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