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An announcement from Millrock Resources ( (TSE:AEMC) ) is now available.
Alaska Energy Metals Corporation has entered into a Memorandum of Understanding with Lucid Group and other mining and processing companies to form the Minerals for National Automotive Competitiveness (MINAC) group. This collaboration aims to utilize the United States’ mineral resources to create jobs, boost economic prosperity, and reduce reliance on foreign nations within the automotive supply chain. The initiative aligns with U.S. national goals to increase domestic mineral production and strengthen the automotive and defense sectors by developing resilient supply chains, ensuring better regulatory oversight, and promoting responsible sourcing.
More about Millrock Resources
Alaska Energy Metals Corporation (AEMC) is an Alaska-based company with offices in Anchorage and Vancouver. It focuses on delivering critical materials needed for national security and energy futures, aiming to generate superior returns for shareholders. AEMC is primarily involved in developing the Nikolai Project Eureka deposit in Interior Alaska, which contains nickel, copper, cobalt, chromium, iron, platinum, palladium, and gold.
Average Trading Volume: 86,440
Technical Sentiment Signal: Sell
Current Market Cap: C$17.48M
For an in-depth examination of AEMC stock, go to TipRanks’ Overview page.