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CleanTech Taps Veteran Mine Builder Jason Reid to Advance Kentucky Fluorspar Projects

Story Highlights
  • CleanTech appointed veteran mining executive Jason Reid as Special Advisor to accelerate development of its Kentucky fluorspar projects.
  • The company granted Reid stock options as it strengthens U.S. supply of critical fluorspar, vital for nuclear, battery and semiconductor industries.
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CleanTech Taps Veteran Mine Builder Jason Reid to Advance Kentucky Fluorspar Projects

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CleanTech Vanadium Mining ( (TSE:CTV) ) just unveiled an update.

CleanTech Vanadium Mining Corp. has appointed seasoned mining executive Jason Reid as Special Advisor to help advance its fluorspar projects in Kentucky, reinforcing its push to restore domestic U.S. fluorspar production. Reid, currently CEO, president and director of Fortitude Gold and a former key leader at Gold Resource Corporation, brings more than two decades of experience in building and operating profitable mines, with a track record that includes over a decade of production, consistent profitability, more than US$1 billion in revenue and substantial dividend returns to shareholders. CleanTech’s CEO John Lee highlighted Reid’s expertise in both underground and open-pit mine development as critical to accelerating the timeline for bringing Kentucky fluorspar into production, at a time when the mineral is deemed critical for nuclear enrichment, lithium batteries and semiconductor manufacturing, underpinning sectors such as artificial intelligence. As part of the appointment, the company granted Reid 500,000 stock options exercisable over five years, aligning his incentives with CleanTech’s long-term growth and its strategic ambition to strengthen U.S. supply chains for critical minerals.

More about CleanTech Vanadium Mining

CleanTech Vanadium Mining Corp. is a North America-focused mining company dedicated to discovering, producing and supplying critical mineral resources for the United States. The company holds an option on more than 17,550 acres of mineral rights with historic fluorspar resources in the Illinois-Kentucky Fluorspar District and owns 100% of the Gibellini Vanadium Mine Project in Nevada, positioning it in strategic materials used in energy, technology and industrial applications.

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Technical Sentiment Signal: Buy

See more data about CTV stock on TipRanks’ Stock Analysis page.

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