ARES Strategic Mining is publicly traded on CSE: ARS | OTC: ARSMF | FRA: N8I1

Our Fluorspar
Lumps Plant
What is the Lumps Plant?
ARES has just launched the USA's first Fluorspar Metallurgical Lumps Plant - a processing plant where fluorspar is converted into clean, uniformly sized briquettes, or lumps, ready for industrial applications.
Located in Delta, Utah, our Lumps Plant began production ramp-up in September 2026. Processing is underway as we scale operations and increase ore feed from our Lost Sheep Mine. Learn more here.
First product from the Lumps Plant is expected to enter the U.S. market in Q4, 2026.

Drawings of the Lumps Plant and the Metspar product

Lumps Plant ramp-up production in October, 2026
What is Metallurgical Grade Fluorspar?
Metallurgical-grade fluorspar, or metspar, is a critical industrial mineral that supports some of the USA's largest industries.
Metspar generally contains 60-85% calcium fluoride (CaF₂). Although it can range up to 90% CaF₂, the product has lower purity requirements and broader tolerance ranges. Its primary applications include:
Steelmaking – Acts as a flux to remove impurities, improve slag fluidity, lower melting temperatures, and produce cleaner, higher-quality steel.
Cement manufacturing – Speeds up the calcination process, allowing kilns to operate more efficiently at lower temperatures.
Aluminium production – Higher-purity acid-grade fluorspar is used to produce aluminium fluoride (AlF₃), a key ingredient in the aluminium smelting process.
Metspar prices currently range from approximately US$350–$520/MT.
For decades, the U.S. has relied entirely on imported metspar, leaving one of the world's largest manufacturing economies dependent on foreign supply.
Metspar accounts for approximately 35-40% of global fluorspar production. The remaining global production is higher-purity acid-grade fluorspar.
These two distinct processing plants serve various fluorspar-reliant industries, with the flexibility to shift production output based on market demand.

Lumps Plant Now in Production
The Lumps Plant is now fully operational, with ore moving through the processing system and being transformed into metspar 'lumps' ready for industrial use. Watch the plant in action:
On October 9, 2026, we officially opened our Fluorspar Lumps Plant, joined by Federal and State representatives, industry partners, our hardworking teams and local Delta families. It was a proud day for us at ARES Strategic Mining because it marked the return of commercial fluorspar production to the USA. Check out highlights from this historic event:
A Customer Pipeline
ARES has a MOU with CREMER ERZKONTOR North America to market and sell its initial metspar production of approximately 50,000 ton per year for five years.
With metspar prices typically exceeding US$500 per tonne, this represents a potential gross product value of US$25 million+ annually at that indicative price, providing ARES with an established route to market.

James Walker (CEO) and representatives of Cremer Erzkontor at the Lost Sheep Mine.
How do I invest in ARES?
Want to be part of the return of U.S. fluorspar? Now is your opportunity to invest in ARES in its early stage before it hits U.S. markets.
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