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US Critical Materials Corp. Announces Major Discovery of Gallium on their Sheep Creek, Montana PropertiesSALT LAKE CITY, March 21, 2024 /PRNewswire/ -- US Critical Materials confirmed a strategically significant deposit of high-grade gallium on its 6700 acres of claims in Sheep Creek, Montana. Gallium is consistently listed as the number one supply risk related to National Security, as the U.S. is 100% dependent on imported gallium, primarily from China. The Chinese government has recently embargoed the export of gallium, which is critical for national defense and many other vital applications. Gallium is used for semiconductors, 5G technology, smartphones, satellite systems, critical photonics technologies, and especially current and next generation defense systems. "US Critical Materials looks forward to being the primary gallium producer in the United States." Jim Hedrick The 2022 list of critical minerals identifies gallium as having the greatest U.S. supply risk, a risk that has become a reality as a result of the recent export controls imposed by the People's Republic of China on gallium and other critical and rare earth minerals. In December 2023, US Critical Materials announced that it had signed an agreement with Idaho National Laboratories (INL) to develop new rare earth processing methods including gallium separation. It is believed that cutting-edge technologies developed under this Cooperative Research and Development Agreement (CRADA) could potentially provide environmentally responsible mining and processing to mitigate environmental concerns. James Hedrick, US Critical Materials President, and a 29-year former USGS and Bureau of Mines Rare Earth Commodity Specialist, said, "Not only is our gallium high grade, but we are also confident that we will be able to create a separation process that will be environmentally respectful. US Critical Materials prime gallium claims average over 300 PPM and go as high as 1370 PPM. Gallium can be separated profitably at 50ppm. US Critical Materials looks forward to being the primary gallium producer in the United States." About US Critical Materials US Critical Materials has an unwavering commitment to innovation, environmental stewardship, and securing critical materials for a prosperous future. Visit our website: www.uscriticalmaterials.com
View original content:https://www.prnewswire.com/news-releases/us-critical-materials-corp-announces-major-discovery-of-gallium-on-their-sheep-creek-montana-properties-302095342.html SOURCE US Critical Materials Corp |