Diablo’s Role in US-Australia Supply Chain Faces Test Amid Pending Drill Results
Diablo Resources will join a high-profile lunch in Washington, D.C., with Australian Prime Minister Anthony Albanese and Ambassador Kevin Rudd, spotlighting its role in the evolving US-Australia critical minerals partnership.
- Diablo invited to lunch with PM Albanese and Ambassador Rudd in Washington
- Event follows PM Albanese’s talks with US President Trump on critical minerals
- Company advancing copper, silver, and antimony projects in Utah
- Invitation signals government recognition of Diablo’s strategic role
- Recent exploration highlights significant mineral grades at Phoenix and Star Range
Strategic Engagement at the Highest Level
Diablo Resources (ASX – DBO) is set to attend a pivotal lunch in Washington, D.C., hosted by Australian Ambassador and former Prime Minister Kevin Rudd alongside Prime Minister Anthony Albanese. This event, scheduled for October 22, comes immediately after Prime Minister Albanese’s bilateral discussions with U.S. President Donald Trump, where critical minerals and supply chain cooperation were front and centre.
The invitation to Diablo underscores the company’s emerging prominence in the critical minerals sector, particularly within the context of the growing strategic alignment between Australia and the United States. Both nations are keen to develop secure, transparent, and allied supply chains for minerals vital to clean energy and national security.
Diablo’s Growing Footprint in Utah
Diablo’s projects in Utah position it as a potential key supplier in North America’s critical minerals corridor. The Phoenix Copper Project, located near Moab, has revealed promising copper mineralisation, with recent rock samples showing grades as high as 45.7% copper and channel samples indicating significant strike lengths with strong copper percentages.
Meanwhile, the Star Range Silver-Antimony Project in Beaver County has delivered exceptional silver grades, including historical samples reaching bonanza levels of 8,760 grams per tonne. These projects are in a Tier-one jurisdiction, enhancing their strategic value amid increasing demand for critical minerals.
Government Recognition and Market Implications
CEO Lyle Thorne expressed enthusiasm about Diablo’s inclusion in this high-level dialogue, highlighting the opportunity to contribute to discussions shaping the future of critical minerals supply chains. The company’s invitation reflects recognition from both Australian and U.S. governments of Diablo’s alignment with clean energy initiatives and national security priorities.
While the maiden drill program results at Phoenix are pending, the company’s aggressive exploration approach and recent $2 million capital raise to accelerate development at Star Range signal strong momentum. Investors and industry watchers will be closely monitoring how these projects evolve amid the broader geopolitical push for secure mineral supplies.
Bottom Line?
Diablo’s Washington engagement marks a strategic inflection point as it seeks to convert geopolitical goodwill into tangible project progress.
Questions in the middle?
- What will the maiden drill results at Phoenix reveal about resource potential?
- How might US-Australia policy developments translate into support or incentives for Diablo?
- Can Diablo leverage this government recognition to accelerate project financing and partnerships?
