SAGA Metals (TSX-V:SAGA) has acknowledged the launch of “Project Vault”, a collaborative project between Donald Trump’s government and the Export-Import Bank (EXIM) of the United States.
As previously reported, Project Vault is a large-scale strategic stockpile initiative to strengthen US supply chains, advance national security, and reduce reliance on foreign-controlled sources of critical minerals.
SAGA Metals is a diversified critical minerals exploration company, with a focus on titanium, vanadium, uranium, lithium, and high-purity iron ore, metals essential for the clean energy transition.
The company notes the strategic importance of titanium in particular, for both aerospace and defense applications, infrastructure, and high-performance industrial uses.
Titanium has been categorised as a critical mineral due to its supply chain risks.
SAGA Metals believes that Project Vault and other emerging regulations coming out of North America reinforces the strategic relevance of domestic projects that can support supply chain security.
The company’s Radar Titanium-Vanadium-Iron Project is located in Labrador, Canada. Saga recently reported 100% drilling success rate in 2025, with ‘exceptional’ grades of titanium, vanadium, and iron in all 15 drill holes completed at Radar.
CEO Mike Stier says that Project Vault reinforces the US government’s focus on secure, allied sources of critical minerals.
“Saga Metals continues to advance its portfolio with a focus on critical minerals that support supply-chain security, advanced manufacturing, and future-facing technologies,” Stier says.
“We believe this policy momentum highlights the importance of investing in strategic mining projects that can help build resilience — diversifying supply, strengthening domestic and allied production capacity, and supporting stable investment conditions for the critical materials that power our economies and protect our industries.”
SAGA believes that Project Vault will have major implications for the industry, including the rising strategic value of titanium and other critical minerals, potential acceleration of investment in North America projects, expanded public-private cooperation, and increased allied coordination.
SAGA Metals is advancing towards a mineral resource estimate, at Radar, with four diamond drill holes completed in 2026 already.
Write to Amy Rotman at Mining.com.au
Images: Saga Metals
