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Ares Strategic Mining Inc

09:52 AM EST - Ares Strategic Mining Inc : Announces its inclusion as a key subcontractor in one of six winning bids awarded by the U.S. Department of Energy (DOE). The $3.4 billion initiative is part of a national strategy to significantly expand the production capacity of Low Enriched Uranium, an essential component in powering the next generation of clean nuclear energy. Under this contract, Ares will supply and develop its high-grade acidspar, a vital mineral used in manufacturing hydrofluoric acid and fluorine, critical for uranium enrichment. As the owner and operator of the only fluorspar mine in the United States, Ares is uniquely positioned to meet the growing demands of the nuclear energy industry. Ares Strategic Mining Inc shares C.ARS are trading unchanged at $0.19.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=ARS%3ACNX&qmodStoryID=7883500759587039