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LONDON - Guardian Metal Resources plc (LON:GMET, OTCQB:GMTLF), a company focused on the exploration and development of tungsten resources in Nevada, has joined the Critical Minerals Forum (CMF), a move that aligns with its strategic initiative to re-establish domestic tungsten production in the United States. The CMF membership offers Guardian Metal a platform to engage with government stakeholders, industry leaders, and access capital markets, facilitated by the Defense Advanced Research Projects Agency’s (DARPA) Open Price Exploration for National Security (OPEN) initiative.
The Critical Minerals Forum aims to foster collaboration among key players in the minerals supply chain, investors, and government entities to bolster reliable critical mineral production. The Forum operates in conjunction with DARPA’s OPEN initiative, which provides members with market intelligence and forecasting capabilities to inform strategic decision-making.
Oliver Friesen, CEO of Guardian Metal, expressed optimism about the membership’s potential impact on the company’s projects, including the Pilot Mountain and Tempiute tungsten projects in Nevada. He highlighted the significance of direct access to policymakers, industry insights, and investor connections in advancing the company’s goals.
The CMF membership is expected to offer Guardian Metal several strategic benefits, including engagement with federal agencies, access to industry intelligence through DARPA’s analytics, capital market opportunities via the Forum’s investment clearinghouse, and supply chain integration for optimizing domestic production networks.
Guardian Metal’s involvement with the CMF underscores the company’s commitment to contributing to the United States’ critical minerals strategy and enhancing its Nevada operations. The company’s portfolio also includes the Garfield and Golconda projects, emphasizing Nevada’s role in securing a stable supply of critical and precious metals for the country.
The press release included forward-looking statements that involve risks and uncertainties, and actual results may differ from those projected. The information is based on a press release statement from Guardian Metal Resources plc.
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