Allied Critical Metals

Primary Ticker: CSE:ACM
Stage of Development: Development, Exploration
Primary Minerals: Tungsten
Country / Region: Portugal
Market Cap 71M
Website: Allied Critical Metals

Allied Critical Metals (ACM:CSE | ACM:OTCQB | 0VJ0:FSE) is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha & Vila Verda Tungsten projects in Portugal. Tungsten has been designated a critical metal by the United States and other western countries, as they are aggressively seeking friendly sources of the unique metal. Currently China and Russia represent 90% of the total global supply and reserves. The Tungsten market is estimated to be valued at approximately USD $5 - 6 billion and it is used in a variety of industries such as defense, automotive, manufacturing, electronics, and energy.

 

Management Profile:

Roy Bonnell - CEO & DIrector

Roy is an entrepreneur with 26 years of experience founding and leading various companies. He was a legal counsel for a NYSE-listed firm and joined the Law Society of Upper Canada in 1996. Roy holds degrees from Queen’s University, LSE, McGill University, and Western Ontario.

 

What is your rationale for taking part in 121 Mining Investment?

Tungsten prices are hitting all time highs. Project is in Portugal. So looking for European exposure.


What recent news would you like to highlight to investors attending?

Sept 4 - Allied Critical Metals Intersects 12 Metres of 4.27% Tungsten (WO3) Incl. 6 Metres of 8.39% Tungsten (WO3) at Its 100% Owned Borralha Tungsten Project in Northern Portugal
 
 

What are your key goals for the next 3, 6 and 12 months?

3 Months

- Drill results 
- Update MRE
- Sign offtake agreements

6 Months

- Commission pilot plant

12 Months

 

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Market conditions

 

What do you think makes your company such a compelling investment?

Tungsten is a recognized as a critical metal. 90% of the world's supply comes from China and Russia. Western countries are scrambling to secure supply.

 

What are the top 3 key investor takeaways?

  • Near-Term Producer With Significant Exploration Upside.
  • Tungsten Pricing Tailwinds As China Restricts Supply.
  • Stable EU Jurisdiction With Mining History.