Ares Strategic Mining Inc. announce the Company has detected germanium and gallium in its fluorspar, following assaying conducted by SGS. Both minerals play a crucial
role in developing and sustaining the tech industry. China was the principal source of the United States' germanium and gallium, but both minerals have now been restricted from export. Ares located germanium and gallium in its fluorspar located at the Spor Mountain at its Utah fluorspar project. The company is concentrating its efforts currently on building processing facilities to achieve production at its operation but plans to further explore the Rare Earth discovery when it conducts further drilling. The minerals were located through an RC drilling program, and further work using core drilling with be used to develop a better understanding of the rare earths located at the Spor Mountain project. China is restricting exports of two niche metals that are key to manufacture electronics and semiconductors, as the tech battle with the U.S. and Europe heats up. Germanium and gallium
are the two metals in the spotlight. China and the U.S. have been locked in a technology trade war that has been escalating since 2019. The U.S. has used trade blacklists and sweeping export restrictions to cut China off from key technology components and semiconductors or chips, and China has responded with restricting exports of germanium and gallium.