# 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.

- Type: Contract
- Announced: 2019-03-06
- Where: United States
- Value: $169.0M
- Status: announced
- Products: acid-grade fluorspar
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Ares Strategic Mining](https://endata.com/companies/37838.md)
- [U.S. Department of Defense](https://endata.com/companies/4836.md) (customer)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/bostonherald/article/gnwcq-2026-1-20-supply-shock-why-defense-capital-is-rotating-from-exploration-to-infrastructure), 2019-03-06: "This is the kind of contract that transforms companies, and secures the future of U.S. industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.