Ares Strategic Mining (TSE:ARS) has released an update.
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Ares Strategic Mining has been selected as a subcontractor in a significant $3.4 billion initiative by the U.S. Department of Energy to boost nuclear energy capacity. Ares will provide high-grade fluorspar, essential for creating components in the nuclear fuel supply chain, leveraging its unique position as the operator of the only fluorspar mine in the U.S.
For further insights into TSE:ARS stock, check out TipRanks’ Stock Analysis page.