Allied Nations Deploy $11.5B to Rebuild Critical Minerals Supply Chains

October 29, 2025 - Baystreet.ca


Issued on behalf of RUA GOLD Inc.

VANCOUVER – Baystreet.ca News Commentary – Western governments have committed $8.5 billion through a landmark US-Australia framework signed October 20th to accelerate mining and processing projects across antimony, rare earths, tungsten, and battery materials[1]. The Pentagon simultaneously launched a $1 billion stockpiling initiative targeting cobalt, tantalum, scandium and other defense-critical metals following China's October 9th expansion of export restrictions to twelve rare earth elements and refining technologies[2]. This coordinated response creates unprecedented funding opportunities for Western producers positioned to capture market share as allied nations prioritize supply security over traditional cost considerations, benefiting RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Perpetua Resources Corp. (NASDAQ: PPTA) (TSX: PPTA), Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF), NOVONIX Limited (NASDAQ: NVX), and Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII).

Industry analysts at CSIS note that Australia secured 45% of global rare earth exploration investment in 2024, hosting 89 active projects compared to just 12 in the USA[3]. With China tightening controls on extraction and separation technologies while processing 90% of global rare earths, Western producers with established operations or near-term production timelines are capturing premium valuations as governments treat critical minerals as national security assets rather than commodities[4].

RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) is emerging as a strategic player in the critical minerals space, controlling what may be one of the Western world's most significant undeveloped antimony resources at a time when global supply chains face unprecedented disruption. With China's antimony export restrictions, New Zealand formally designating it as a critical mineral earlier this year, RUA GOLD's dual-commodity gold-antimony projects in the historically prolific Reefton Goldfield are attracting increasing institutional attention.

The company recently delivered exceptional high-grade results from its expanding Auld Creek project, including standout intercepts of 17m at 9.8g/t AuEq (3.6g/t Au & 1.5% Sb) and 8m at 8.9g/t AuEq (6.2g/t Au & 0.6% Sb). These September results demonstrated significant strike extension of the current resource. Drilling extended the mineralized system both vertically, from 160m to over 300m depth, and along strike from 350m to 620m. Critically, surface samples have returned over 40% antimony, and several drill holes exceed 8% Sb, grades rarely seen this early in a project's development cycle.

"These drill results from Auld Creek have significantly expanded the scale and potential of the project and put us well on the way to growing the resource base as we announced last month," said Robert Eckford, CEO of RUA GOLD. "Importantly, the mineralized system has been extended both vertically and along strike and remains open in all directions."

RUA GOLD recently announced a major expansion to its Reefton drill campaign, mobilizing a third rig and targeting over 4,000 metres of new drilling at Auld Creek to grow the gold-antimony resource above 300,000 ounces by year-end. The company also has a third rig drilling across the remainder of the district, focusing on highly-ranked prospects highlighted by its VRIFY AI targeting process. The regional exploration program has already yielded promising results, with rock chip samples grading 14.3g/t gold discovered over 30km south of Reefton at the Bell Hill permit.

The antimony component adds strategic significance beyond typical gold exploration. With China controlling approximately 60% of global antimony production and implementing strict export controls, Western nations are scrambling to secure alternative sources for this defense-critical metal used in everything from ammunition to flame retardants and advanced batteries. New Zealand's formal designation of antimony as a critical mineral positions RUA GOLD's projects within a broader national security framework, potentially accelerating permitting pathways.

Throughout October, the executive team completed an ambitious international conference schedule that showcased the company's high-grade gold-antimony story to institutional investors across three continents. The tour spanned six major mining investment events including the Munich Mining Conference, the Metals & Mining Virtual Investor Conference, Hidden Gems Conference in New York, the International Mining and Resources Conference in Sydney, the West Coast Minerals Forum in New Zealand, and concluded with the prestigious Swiss Mining Institute Conference in Zurich this week.

"We're excited to showcase RUA GOLD on this global stage and connect with some of the top minds in mining investment," said Eckford. "With antimony supply tightening and gold reaching further record highs, RUA GOLD is positioned to be the next explorer transitioning to developer in New Zealand."

The Reefton Goldfield is a historically prolific district that produced more than 2 million ounces at grades up to 50 g/t. RUA GOLD now controls 120,000 hectares (roughly 95%) in the area and has confirmed multiple stacked mineralized shoots at Auld Creek. Two rigs are currently drilling at the project, testing the Bonanza shoot in the north and the Fraternal shoot in the south, with surface soil geochemistry confirming the system can be traced over a 2.5km strike length.

On the North Island, drill access applications have been submitted for RUA's Glamorgan project in the Hauraki Goldfield, home to the 10 Moz Martha mine. Glamorgan's 4 km gold-arsenic anomaly has been refined using VRIFY's DORA AI engine, with drilling expected to begin in Q4.

With $14 million in cash and a leadership team behind US$11 billion in prior exits, RUA GOLD is well-positioned to deliver meaningful discovery growth across both islands. The combination of high-grade gold exploration potential and strategic antimony exposure creates a compelling dual-commodity profile at a time when both metals are commanding premium attention from global investors.

CONTINUED… Read this and more news for RUA GOLD at: https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

In other industry developments and happenings in the market include:

Perpetua Resources Corp. (NASDAQ: PPTA) (TSX: PPTA) has broken ground on the Stibnite Gold Project in Idaho after posting $139 million in construction phase financial assurance and receiving notice from the U.S. Forest Service that requirements necessary to start construction have been satisfied. The project hosts America's only reserve of the critical mineral antimony alongside gold reserves of approximately 4.8 million ounces, with expected production of approximately 450,000 ounces of gold annually over its first four years.

"Today, we break ground on the Stibnite Gold Project," said Jon Cherry, CEO of Perpetua Resources. "As America's answer to China's antimony export bans, we are focused on swiftly and safely bringing our antimony and gold project into development. After nine years of permitting, Stibnite can once again serve this country's national interest. We are proud of our work to bring this essential project online to provide critical resources while restoring an abandoned mine site."

The company anticipates more than 950 direct jobs during construction and 550 direct jobs during operations, with the project moving into development after nine years of permitting and a combined $80 million award in Department of War funds. Perpetua received a preliminary project letter and indicative term sheet from the U.S. Export Import Bank to support $2 billion in debt financing, with final EXIM Board consideration expected by spring 2026.

Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) has positioned itself as strategically insulated from China's expanded rare earth export controls, which now include refining technology and equipment alongside five additional rare earth elements. The Company confirmed it does not require or intend to use equipment sourced from China for its U.S. heavy rare earth separation operations at the Louisiana Strategic Metals Complex, relying instead on North American and allied-nation suppliers for its RapidSX™ technology.

"Today's expansion of Chinese export controls underscores why Ucore built its plan around North American and allied supply chains from day one," said Pat Ryan, CEO of Ucore. "Our RapidSX refining technology not only produces the same rare earth products, at the same quality, as legacy solvent extraction, but does so with a faster throughput in a much reduced floorspace, resulting in a number of economic and environmental advantages."

Equipment sourcing is further protected by the project's Defense Priorities & Allocations System status, which prioritizes rated purchase orders to meet national defense and emergency preparedness requirements. The Company's ex-China sourcing plan and ability to build sequential, modular RapidSX™ machines targeting specific rare earth oxides are expected to neutralize sourcing risks arising from Beijing's tightened grip on the critical minerals sector.

NOVONIX Limited (NASDAQ: NVX) has delivered its first mass production, commercial-grade sample of synthetic graphite for industrial applications to one of North America's largest value-added carbon processors with global market reach. The milestone demonstrates the Company's ability to produce industrial-grade products using its proprietary continuous graphitization furnace technology at mass production scale, marking another step toward bringing battery-grade materials to market.

"We're pleased to have hit this significant manufacturing milestone," said Mike O'Kronley, CEO of NOVONIX. "This demonstrates that industrial-grade products can be produced using NOVONIX's proprietary continuous graphitization furnace technology at a mass production scale and is another step towards bringing our battery-grade materials to market. As we continue to scale our facility, the ability to provide volumes to markets outside the battery space diversifies our product portfolio and provides the opportunity to increase our planned production at Riverside for 2026."

NOVONIX's Riverside facility is poised to become the first large-scale production site dedicated to high-performance synthetic graphite for the battery, defense, and industrial sectors in North America, with mass production starting next year for lead customer Panasonic. Together with the planned Enterprise South location, also in Chattanooga, Tennessee, these facilities will give NOVONIX total production capacity exceeding 50,000 tonnes per year.

Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII) has entered into a binding agreement to acquire the Gentung Browns Lake Tungsten Project in Beaverhead County, Montana for aggregate consideration of US$9,750,000. Among the most advanced undeveloped tungsten assets in the U.S., the project is positioned for near-term production as early as the second half of 2026 and is located in a historic U.S. tungsten district that once supplied the national strategic stockpile.

"The Gentung Browns Lake Project is one of few advanced tungsten projects in the U.S. that is able to move into production quickly," said Lewis Black, Chairman and CEO of Almonty Industries. "With this acquisition, we are able to import Almonty's proprietary tungsten processing and mining technologies and further expand our global footprint and resource base into the U.S. market, strengthening our position as the world's leading non-Chinese supplier of tungsten concentrate."

As consideration, Almonty has agreed to pay US$750,000 in cash and issue US$9 million of common shares, with the transaction expected to close on or about October 31, 2025. In a separate transaction, the Company also agreed to acquire a privately held Montana corporation holding assets including a plant permit, water rights, and tungsten mining equipment for US$250,000 in cash.

Article Source: https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

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SOURCES CITED:

1. https://techcrunch.com/2025/10/20/u-s-and-australia-sign-3b-critical-minerals-deal/

2. https://www.mining.com/pentagon-moves-to-build-1-billion-critical-minerals-stockpile-to-counter-china-report

3. https://www.csis.org/analysis/unpacking-us-australia-critical-minerals-framework-agreement

4. https://www.aljazeera.com/news/2025/10/10/china-tightens-export-controls-on-rare-earth-metals-why-this-matters