Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF) has been admitted as a member of the U.S. Defense Industrial Base Consortium (“DIBC”), providing the Company with access to a broad range of U.S. defense supply chain initiatives and potential funding opportunities targeting the critical metals sector.
DIBC membership supports Resolution’s engagement with the U.S. Department of Defense and related critical minerals programs, which remain a strategic priority of the U.S. Government.
The Company has submitted a funding application related to its tungsten development strategy and is evaluating additional opportunities to support the advancement of its antimony supply chain initiatives.
Resolution is advancing a U.S.-focused antimony and tungsten strategy aligned with U.S. national security priorities. Its Horse Heaven Project in Idaho is strategically positioned to contribute to the development of domestic sources of these critical materials.
The DIBC is a U.S. Department of Defense-supported consortium established to strengthen, expand and modernise the U.S. defense industrial base through collaboration among government agencies, industry, academia and emerging suppliers.
Operating under an Other Transaction Authority (“OTA”) framework and managed by Advanced Technology International (“ATI”), the DIBC provides a flexible mechanism to accelerate research, development, prototyping and production activities that support critical national security objectives.
The consortium supports the mission of the Department of Defense’s Warfighter Investment, Resourcing and Execution (“WIRE”) Office by helping address supply chain vulnerabilities, strengthening critical manufacturing capabilities, developing the industrial workforce, accelerating the commercialisation of research and development, and supporting the deployment of emerging technologies.
Craig Lindsay, Resolution’s CEO - US Operations, commented:
“Resolution's acceptance into the Defense Industrial Base Consortium represents an important
milestone in our strategy to help establish secure domestic supplies of antimony and tungsten in the United States. Through DIBC membership, we gain access to a network of government agencies, industry participants, and potential funding opportunities that can support the advancement of our projects.
We believe the consortium provides an effective platform to demonstrate the strategic importance of our assets and to engage with stakeholders focused on strengthening U.S. critical mineral supply chains.
As the United States continues to prioritise domestic production of critical minerals, Resolution is committed to working collaboratively with government agencies, regulators, industry partners, and local communities to advance responsible exploration and development activities that contribute to national security and economic resilience.”
As previously announced, Resolution’s drilling program at the Horse Heaven Project in Idaho is progressing as planned. The program is designed to advance the Company’s understanding of the project’s antimony and tungsten potential and support future development planning.
In parallel with its exploration activities, Resolution intends to expand its engagement with government agencies, members of Congress, industry stakeholders, and defense-related organizations to further highlight the strategic importance of establishing domestic supplies of critical minerals within the United States.
The Company will continue to evaluate funding opportunities, strategic partnerships and government-supported initiatives that may assist in accelerating the development of its critical minerals portfolio.
About us:
Resolution Minerals Ltd (ASX RML) is a mineral exploration company currently developing the Horse Heaven Gold-Antimony-Tungsten Project in Idaho, USA with the aim of providing an end-to-end solution for domestic critical minerals supply to US defense industry.
The company has assembled an experienced team with expertise across all fields of geology and development. RMLhas also partnered with key strategic advisors who have built major companies in the Americas.
Contact details:
Aharon Zaetz - Executive Director
Resolution Minerals Ltd
M: +61 424 743 098
Jane Morgan Investor Relations
Jane Morgan Management
M: +61 405 555 618 [email protected]
