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Allied Critical Metals Inc. reports exploration, technical and corporate developments for its tungsten portfolio in northern Portugal. The Canadian-based mining company is focused on the 100%-owned, past-producing Borralha Tungsten Project and Vila Verde Tungsten Project, with tungsten identified in its releases as a critical metal by the United States, the European Union and NATO.
Recurring updates include Borralha technical reports and preliminary economic assessment disclosures, drilling results from breccia-hosted targets such as Venise and Santa Helena, mineralization observations involving wolframite, molybdenite and chalcopyrite, and project infrastructure discussion. Company news also covers stakeholder engagement through the Social Monitoring and Advisory Committee, equity incentive grants, governance matters and other capital-markets disclosures.
Allied Critical Metals (OTCQB: ACMIF) has announced its membership in the Critical Minerals Forum (CMF), a U.S.-based non-profit initiative focused on strengthening critical mineral supply chains. The company's flagship Borralha Tungsten Project in Portugal represents one of Europe's largest undeveloped tungsten deposits, with a mineral resource estimate of 4.98 Mt @ 0.22% WO₃ (Indicated) and 7.01 Mt @ 0.20% WO₃ (Inferred).
The strategic move aims to establish Europe's next major tungsten mines, reducing Western dependence on Chinese supply. Allied will participate in CMF working groups focused on supply chain diversification, midstream processing, and market forecasting. The company also announced the grant of 3,125,000 stock options at $0.345 per share and 3,125,000 RSUs to directors, officers, employees, and consultants.
Allied Critical Metals (OTCQB:ACMIF) has appointed former U.S. Secretary of Homeland Security Kirstjen Nielsen as a Director of its U.S. subsidiary, Allied Critical Metals USA. The appointment strengthens the company's position in securing domestic tungsten supply chains, a critical mineral essential for aerospace, defense, electronics, and energy applications.
Nielsen, who served as DHS Secretary from 2017 to 2019, brings extensive experience in homeland security, public policy, and critical infrastructure. She will provide strategic counsel to Allied USA, which focuses on tungsten importation, marketing, and distribution across key U.S. sectors. The company aims to reduce dependence on non-aligned sources while supporting U.S. and allied interests in the critical minerals sector.
Allied Critical Metals (OTCQB: ACMIF) has appointed Major General (Ret.) James A. "Spider" Marks to the Board of Directors of its U.S. subsidiary, Allied Critical Metals USA. The subsidiary focuses on tungsten importation, marketing, and sales in the United States.
General Marks brings over 40 years of leadership experience across military, intelligence, and commercial sectors. He is the former Commanding General of the U.S. Army Intelligence Center and has held executive roles including CEO positions at Global Linguist Solutions and InVisM. Currently, he serves as President of the Marks Collaborative and contributes as a military analyst for CNN.
The appointment aims to strengthen Allied USA's position in the American tungsten market, leveraging General Marks' expertise in defense systems and national security to enhance the company's strategic direction in supplying this critical mineral essential for aerospace, defense, and electronics industries.
Allied Critical Metals (OTCQB: ACMIF) has announced three significant developments: the establishment of Allied USA, a new U.S. subsidiary in Nashville, Tennessee; listing on the OTCQB market; and receiving DTC eligibility. The subsidiary will focus on importing, marketing, and distributing tungsten products across key sectors including defense, aerospace, electronics, energy, and advanced manufacturing.
The company's strategic expansion comes amid increasing U.S. demand for critical minerals, particularly tungsten, which is essential for high-performance technologies and national security applications. Additionally, Allied has engaged Canaccord Genuity Corp. as a financial advisor, issuing 1.2 million common shares at $0.25 per share as compensation.