Ares Strategic Mining awarded $169M Pentagon fluorspar contract

Ares Strategic Mining has been awarded a Pentagon contract to supply acid-grade fluorspar to the U.S. Department of Defense. The multi-year deal has an initial value of $169 million, with potential task orders reaching $250 million over five years.

“This is the kind of contract that transforms companies, and secures the future of U.S. industry.”markets.financialcontent.com

• 1 source
• markets.financialcontent.comBoston Herald - Boston news, sports, politics, opinion, entertainment, weather and obituaries - Supply Shock: Why Defense Capital Is Rotating From Exploration to InfrastructureAssociated PressMar 6, 2019

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