Volato Group shares surge 31.63% premarket after first high-grade gallium shipment from WA to U.S. under M2i-Nimy collaboration.
ByAinvest
Wednesday, Feb 4, 2026 4:14 am ET1min read
SOAR--
Volato Group surged 31.63% in premarket trading following the announcement that Nimy Resources, in collaboration with M2i Global and Volato, initiated its first shipment of high-grade gallium (>450g/t Ga₂O₃) from Western Australia to the U.S. The shipment, part of a strategic partnership to establish a non-Chinese gallium supply chain, targets refining analysis by defense and academic entities, positioning the companies to address critical mineral demand in semiconductors and national security. The milestone aligns with the pending M2i-Volato merger, which aims to create a platform for critical infrastructure growth, leveraging gallium and rare earth resources from the Mons Project. The development underscores progress toward securing Western supply chain resilience, a key driver for investor optimism in the $320B U.S. critical minerals market.
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