This post was originally published on this site.Milford Mining Company Utah (MMCU) has received a conditional commitment from the U.S. Department of Agriculture Rural Development Business & Industry Loan Guarantee Program for $25 million in financing to support planned investments in the company’s mining and processing operations in Milford. MMCU operates a fully permitted mining and processing complex in Beaver County producing...
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Pentagon backs $150M Blue Moon tungsten restart
This post was originally published on this site.The US Department of War (DoW) has agreed to invest $450 million in The Elmet Group (ELMT), with $150 million earmarked for Blue Moon Metals’ (TSXV: MOON; Nasdaq: BMM) Springer tungsten complex in Nevada, as Washington pushes to rebuild a domestic supply chain for the strategic metal. Under...
