How Will EV Resources’ U.S. Advisor Accelerate North American Antimony Supply?
EV Resources has partnered with U.S.-based MineMaker LLC to accelerate its antimony projects in Mexico and Nevada, aiming to become a key supplier to North America’s critical minerals market.
- Engagement of MineMaker LLC to advance North American antimony strategy
- Focus on developing assets in Mexico and Nevada for near-term supply
- MineMaker to lead U.S. government agency engagement including DOE and DoW
- Pursuit of non-dilutive funding via Defense Production Act and Inflation Reduction Act
- Strategic move to secure domestic antimony supply amid geopolitical pressures
Strategic Partnership to Secure Critical Mineral Supply
EV Resources Limited (ASX: EVR) has taken a decisive step to strengthen its position in the North American antimony market by engaging MineMaker LLC, a U.S.-based advisory firm with deep expertise in critical minerals and government relations. This partnership is designed to accelerate the development of EVR’s key assets in Mexico and Nevada, positioning the company as a near-term supplier of antimony; a mineral increasingly recognised for its strategic importance in defence, energy storage, and advanced technologies.
Navigating Government Channels and Funding Opportunities
MineMaker will spearhead EVR’s engagement with pivotal U.S. federal and state agencies, including the Department of Energy (DOE), Department of War (DoW), and the Export-Import Bank of the United States. Their role extends beyond advocacy, encompassing the identification and securing of non-dilutive funding sources such as those available under the Defense Production Act (DPA) and the Inflation Reduction Act (IRA). These programs offer loans, tax incentives, and co-investment opportunities that can significantly de-risk EVR’s development timeline without diluting shareholder equity.
Leveraging Proven Expertise in Critical Minerals
Led by Peter Finan, a seasoned legal and mining advisor, MineMaker brings a track record of success in aligning mining projects with U.S. national policy priorities. Their previous advisory roles on projects in Nevada, Utah, and Mozambique underscore their capability to navigate complex regulatory environments and secure government support. For EVR, this means a smoother path through permitting processes and enhanced alignment with the U.S. government’s urgent mandate to shore up domestic critical mineral supplies.
Strategic Assets and Market Positioning
EVR’s flagship Los Lirios Antimony Project in Mexico, complemented by its Dollar and Milton Canyon projects in Nevada, form the backbone of its North American supply chain ambitions. The recent acquisition of the Tecomatlán Processing Plant near Los Lirios offers a low-capital expenditure route to early cash flow, reinforcing the company’s near-term production goals. This strategic asset positioning, combined with MineMaker’s advisory support, could enable EVR to address critical supply vulnerabilities faced by North American consumers of antimony.
A Timely Move Amid Geopolitical Shifts
With global supply chains under strain and geopolitical tensions prompting a push for domestic sourcing of critical minerals, EVR’s engagement of MineMaker is well-timed. The partnership aims to capitalise on evolving U.S. policies that prioritise onshoring and securing supply chains for minerals essential to national security and technological innovation. While the path forward involves navigating regulatory complexities and securing government funding, EVR’s proactive approach signals confidence in its ability to deliver.
Bottom Line?
EV Resources’ strategic alliance with MineMaker could be the catalyst that transforms its North American antimony ambitions into reality.
Questions in the middle?
- How quickly can EVR secure non-dilutive funding through U.S. government programs?
- What are the expected timelines for permitting and production ramp-up at EVR’s Nevada and Mexico assets?
- How will evolving U.S. geopolitical priorities impact EVR’s access to government support and market opportunities?
