Strategic Minerals Reserve

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Volato Group’s Proposed Acquisition Under Definitive Agreement, M2i Global Launches Initiative to Build Nation’s First Strategic Minerals Reserve
Globenewswire· 2025-08-21 13:00
Core Viewpoint - Volato Group, Inc. and M2i Global, Inc. are launching a public-private initiative to establish the United States' first Strategic Minerals Reserve (SMR) to secure critical minerals essential for national defense and clean energy [2][4][5] Group 1: Strategic Minerals Reserve Overview - The SMR will be located at the Hawthorne Army Depot in Mineral County, Nevada, focusing on the storage, refining, and distribution of critical minerals such as gallium, graphite, and copper [3][6] - The initiative aims to address the U.S. supply chain for critical minerals, which are vital for defense systems, semiconductors, electric vehicles, and battery technology [3][5] Group 2: Economic and National Security Implications - The project is expected to revitalize the Hawthorne region, create high-quality jobs, and attract federal investment, thereby enhancing national security through a localized supply chain [6][7] - Nevada's rich resources in critical minerals present an opportunity for innovation and economic growth, while also addressing threats from international market manipulation [5][9] Group 3: Public-Private Partnership Model - The SMR is supported by federal agencies including the Department of Defense, the Defense Logistics Agency, and the Department of Energy, and is engaging with private-sector partners to enhance domestic refining and recycling capabilities [8][10] - This initiative serves as a model for how state governments can align with national priorities to foster innovation and attract long-term investments in emerging sectors [9][10]
Volato Group's Proposed Acquisition Under Definitive Agreement, M2i Global Launches Initiative to Build Nation's First Strategic Minerals Reserve
GlobeNewswire News Room· 2025-08-21 13:00
Core Viewpoint - Volato Group, Inc. and M2i Global, Inc. are launching a public-private initiative to establish the United States' first Strategic Minerals Reserve (SMR) in Mineral County, Nevada, aimed at securing the supply of critical minerals essential for defense, clean energy, and industrial leadership [2][3]. Group 1: Strategic Minerals Reserve Overview - The SMR will be located at the Hawthorne Army Depot in Nevada and will focus on storing, refining, and distributing critical minerals such as gallium, graphite, and copper, which are vital for defense systems, semiconductors, electric vehicles, and battery technology [3][4]. - The initiative is backed by a report from the Hoover Institution advocating for a U.S.-led multilateral critical minerals stockpile and involves collaboration with federal and state agencies, including the Nevada Governor's Office of Economic Development [4][5]. Group 2: Economic and National Security Implications - The SMR is expected to revitalize the Hawthorne region, create high-quality jobs, and attract federal investment, thereby enhancing national security through a localized supply chain [6]. - The initiative is described as a strategic capability rather than a mere stockpile, emphasizing the importance of innovation, industry, and infrastructure in securing the U.S. economic and national future [7]. Group 3: Public-Private Partnership Model - The SMR is supported by federal agencies such as the Department of Defense, the Defense Logistics Agency, and the Department of Energy, and is actively engaging with private-sector and international partners to enhance domestic refining and recycling operations [8][9]. - This initiative serves as a model for how state governments can align with national priorities to foster innovation, attract long-term investment, and lead in emerging sectors [9]. Group 4: Operational Capabilities - The SMR will feature secure storage and logistics at a federally controlled site with access to rail and intermodal infrastructure, refining and recycling capabilities to address domestic processing gaps, and ethical sourcing from U.S.-allied nations [10]. - The initiative will also incorporate AI forecasting tools to predict future material needs and optimize inventory, alongside workforce development through partnerships with local universities and training centers [10].