ACDC Metals (ASX:ADC) has been accepted into the US Defense Industrial Base Consortium (DIBC), securing direct access to defence agencies and contractors seeking critical minerals supply.
The consortium membership allows the company to respond to US Government solicitations for prototype, research, and industrial capability projects under the Other Transaction Authority framework.
The development also positions ACDC’s Goschen Central Project in western Victoria within allied critical minerals supply chains. The resource has potential to supply magnet rare earths including neodymium, praseodymium, terbium, and dysprosium, alongside zircon and titanium minerals.
CEO Tom Davidson says the membership provides a direct avenue to engage with US defence agencies and industry as securing rare earth supply chains outside China becomes a priority.
“Goschen Central is a large, resource-backed project in a stable jurisdiction,” Davidson says.
“With the retention licence now granted, we are well placed to use DIBC membership to explore collaboration, funding, and offtake pathways that could accelerate the next stage of development.”
The consortium operates under the US Department of Defense’s Warfighting, Investments, Resourcing, and Execution office. Recent project awards include domestic supply of gallium, scandium, and germanium.
ACDC intends to complete onboarding to the consortium’s collaboration database, monitor relevant solicitations, and engage with other members on potential teaming and offtake opportunities.
ACDC Metals is a diversified explorer focused on heavy mineral sands and rare earth projects, as well as advancing gold and silver opportunities in Australia and the US.
Write to Paula Fabe at Mining.com.au
Main image: ACDC Metals
