Larvotto Resources’ (ASX:LRV) application to the Defense Industrial Base Consortium (DBIC) has been accepted.
The DBIC enables rapid research, access to commercial solutions for defence requirements, and innovations from industry, academia, and nontraditional contractors. DIBC members focus on identifying, developing, and testing cutting-edge capabilities at the speed of innovation.
Managing Director Ron Heeks says acceptance to the DIBC reflects the global significance of our Hillgrove Antimony-Gold Project as it moves towards production.
With an anticipated production of 7% of the world’s antimony supply, Hillgrove is poised to play a strategic role in addressing the critical minerals needs of the global market, Heeks says.
“Our membership in the DIBC will provide the opportunity to form valuable connections and partnerships, ensuring Hillgrove’s strategic value is recognised. We look forward to leveraging the DIBC’s resources and network as we advance our commitment to becoming a cornerstone of the global antimony market,” he adds.
DIBC is a consortium of companies and organisations that collaborate to support the Department of Defense and the defence industrial base.
Write to Adam Orlando at Mining.com.au
Images: Unsplash
