Stillwater Critical Minerals Advances U.S. Federal Funding Efforts for Critical Mineral Supply Chains

Group Ten Metals ( (TSE:PGE) ) has provided an announcement.

Stillwater Critical Minerals Corp. has provided an update on its applications for U.S. federal funding, aimed at bolstering domestic supply chains for critical minerals. The company has submitted a comprehensive white paper and applied for funding through the Defense Industrial Base Consortium, positioning itself in alignment with federal priorities. Stillwater’s ongoing collaborations, such as with Lawrence Berkeley National Laboratory under the U.S. Department of Energy, underscore its commitment to advancing its Stillwater West project, which is crucial for reducing U.S. dependence on imports and supporting national security.

More about Group Ten Metals

Stillwater Critical Minerals Corp. operates in the critical minerals industry, focusing on the extraction and processing of essential minerals such as nickel, cobalt, and platinum group elements. The company is strategically positioned in the Stillwater Complex in Montana, an area with a rich history of mineral production, to contribute to domestic U.S. supply chains, reducing reliance on foreign imports.

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Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$29.52M

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