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Phenom Resources Updates on U.S. Mineral Production Initiative

Story Highlights
  • Phenom Resources holds key interests in North America’s largest vanadium resource.
  • President Trump’s order boosts U.S. mineral production, enhancing transparency and accountability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Phenom Resources Updates on U.S. Mineral Production Initiative

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Phenom Resources Corp ( (TSE:PHNM) ) has shared an update.

Phenom Resources Corp. has informed its shareholders about the recent executive order by President Trump aimed at increasing American mineral production. This initiative has led to the identification of 10 mining and exploration projects as transparency projects on the Federal Permitting Dashboard, which is expected to enhance transparency and accountability in the environmental review process. This move is part of a broader strategy to boost domestic mineral production, create jobs, and reduce reliance on foreign resources, with more projects anticipated to be added in the coming weeks.

More about Phenom Resources Corp

Phenom Resources Corp. is a company with a 100% interest in the Carlin Gold-Vanadium Project, which holds North America’s largest and highest grade primary vanadium resource. The company is also developing the Dobbin and King Solomon Gold Projects, with drill permit applications currently in progress.

YTD Price Performance: 9.68%

Average Trading Volume: 71,827

Technical Sentiment Signal: Hold

Current Market Cap: C$38.44M

For detailed information about PHNM stock, go to TipRanks’ Stock Analysis page.

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