Disseminated on Behalf of: Allied Critical Metals Corp.
Roy Bonnell, CEO of Allied Critical Metals (CSE: ACM), outlines plans to fast-track tungsten production in Portugal by 2025, backed by a LOI with Global Tungsten & Powders.
Roy Bonnell
Allied Critical Metals — ACM on the CSE — is a newly listed company advancing two highly strategic wolframite tungsten projects in northern Portugal. The goal is to become a leading western supplier of this critical mineral. Tungsten is essential to defense, manufacturing, semiconductors, and clean technology, yet over 85% of our global supply comes from China, creating a significant geopolitical and supply chain risk. Our flagship Borralha Project, once Portugal’s largest tungsten mine, has a current resource of 12 million tonnes at 0.21%, WO3, with strong expansion potential. Complimenting this is Villa Verde, another past producing site that could surpass Borralha and scale. We’ve secured a letter of intent with Global Tungsten & Powders, the largest non-Chinese tungsten smelter, validating our market position. With pilot plant construction and initial production targeted within 12 months, 2025 is set to be a pivotal year for Allied Critical Metals.
About Allied Critical Metals Corp.
Allied Critical Metals is a pioneering mining exploration and development firm focused on two historically significant Tungsten (WO3) mining projects in northern Portugal — Borralha and Vila Verde. With strong economics and near-term cash flow potential, ACM is positioning itself as a critical western supplier in a market dominated by China.
To learn more about Allied Critical Metals, visit their website here.
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