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Stillwater Critical Minerals: A Strategic Play in US Critical Mineral Supply Chain

Alpha InspirationWednesday, Oct 30, 2024 7:51 am ET
2min read
Stillwater Critical Minerals Corp. (TSX.V: PGE) is a mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in Montana, USA. With a strategic partnership with Glencore, the company is well-positioned to advance the next phase of large-scale critical mineral supply from this world-class American district. The addition of renowned Bushveld and Platreef geologists to the team further strengthens Stillwater's capabilities in developing large-scale critical mineral supply.

Stillwater's Stillwater West project hosts a significant resource of nine minerals, including nickel, copper, cobalt, platinum group elements, and chromium, which are all critical to the US. The company's strategic investment by Glencore and the addition of renowned Bushveld and Platreef geologists to the team further strengthen its capabilities in developing large-scale critical mineral supply from this iconic American district.


The US government's mandate to secure domestic supply of critical minerals aligns perfectly with Stillwater's strategic focus. The company's collaboration with US Strategic Metals (USSM) through a Memorandum of Understanding (MOU) significantly enhances its access to US government funding and support. The MOU includes provisions for marketing support, technical assistance, supply chain development, and strategic financing, all of which are crucial for advancing Stillwater's Stillwater West project. USSM's strong backers, including Appian Capital and US EXIM Bank, further bolster the potential for government funding and support.


Stillwater's partnership with Glencore plays a crucial role in the development and financing of its critical mineral projects. Glencore's strategic investment in Stillwater, both at an equity and management level, brings substantial expertise and financial backing. This collaboration has enabled Stillwater to advance its Stillwater West project, which hosts a compelling suite of nine critical minerals, including the largest nickel resource in an active US mining district. Glencore's involvement has facilitated necessary engineering and metallurgical studies, as well as the pursuit of government funding and partnerships with key institutions.

The potential for carbon sequestration and geologic hydrogen generation at Stillwater's projects, such as Duke Island, enhances the company's value proposition in the context of the clean energy transition. The company's strategic partnership with Granite Creek Copper (TSX.V: GTC) and Cornell University's Dr. Greeshma Gadikota aims to advance these technologies. Carbon sequestration can reduce Duke Island's environmental impact and potentially generate revenue through carbon credits, while geologic hydrogen production can create a new revenue stream. These innovations position Stillwater as a key player in the green economy, potentially attracting government funding and further boosting its valuation.

In conclusion, Stillwater Critical Minerals Corp. is a strategic play in the US critical mineral supply chain, with a strong focus on developing large-scale critical mineral supply from the iconic Stillwater district in Montana. The company's partnership with Glencore and collaboration with US Strategic Metals enhance its access to US government funding and support, while its potential for carbon sequestration and geologic hydrogen generation further boosts its value proposition in the clean energy transition. With a strong balance sheet and a compelling suite of critical minerals, Stillwater is well-positioned to capitalize on the growing demand for critical minerals in the US and beyond.
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