Snow Lake Welcomes the Designation of Uranium as a Critical Mineral by the U.S. Government
Snow Lake Energy (NASDAQ: LITM) welcomed the U.S. Geological Survey's designation of uranium as a critical mineral on the Final 2025 List released November 7, 2025. The designation recognizes uranium's role in U.S. national, economic and energy security and may enable federal funding, permitting, and procurement advantages for U.S. industry participants. Snow Lake said the listing aligns the domestic uranium industry with top U.S. strategic priorities and expects the designation to accelerate government action to rebuild nuclear independence. The company highlighted its vertically integrated U.S. focus across uranium mining, enrichment, and small modular reactors.
Snow Lake Energy (NASDAQ: LITM) ha accolto la designazione dell'uranio come minerale critico da parte della U.S. Geological Survey nella Lista Finale 2025 pubblicata l'7 novembre 2025. La designazione riconosce il ruolo dell'uranio nella sicurezza nazionale, economica ed energetica degli Stati Uniti e può offrire vantaggi di finanziamento federale, permessi e approvvigionamento per i partecipanti dell'industria statunitense. Snow Lake ha dichiarato che l'elenco allinea l'industria domestica dell'uranio con le principali priorità strategiche degli USA e si aspetta che la designazione acceleri l'azione governativa per ricostruire l'indipendenza nucleare. L'azienda ha evidenziato il suo focus americano verticalmente integrato attraverso esplorazione dell'uranio, arricchimento e piccoli reattori modulari.
Snow Lake Energy (NASDAQ: LITM) dio la bienvenida a la designación de uranio como mineral crítico por parte del Servicio Geológico de EE. UU. en la Lista Final 2025 publicada el 7 de noviembre de 2025. La designación reconoce el papel del uranio en la seguridad nacional, económica y energética de EE. UU. y podría permitir ventajas de financiamiento federal, permisos y adquisiciones para los participantes de la industria estadounidense. Snow Lake dijo que la lista alinea la industria de uranio doméstica con las principales prioridades estratégicas de EE. UU. y espera que la designación acelere la acción gubernamental para reconstruir la independencia nuclear. La compañía destacó su enfoque verticalmente integrado en EE. UU. en minería de uranio, enriquecimiento y pequeños reactores modulares.
Snow Lake Energy (NASDAQ: LITM) 은 미국 지질조사국(USGS)이 2025년 11월 7일 발표한 최종 2025 목록에서 우라늄을 핵심 광물로 지정한 것을 환영했습니다. 이 지정은 우라늄이 미국의 국가 안보, 경제 및 에너지 안보에서의 역할을 인정하며 연방 자금 지원, 허가 및 조달 혜택을 미국 산업 참여자들에게 제공할 수 있습니다. Snow Lake는 이 목록이 국내 우라늄 산업을 미국의 주요 전략적 우선순위와 정렬되었다고 말했고, 이 지정이 원자력 독립성 회복을 위한 정부 조치를 가속화할 것으로 기대한다고 밝혔습니다. 이 회사는 우라늄 채굴, 농축, 소형 모듈식 원자로에 걸친 미국 내 수직적으로 통합된 초점을 강조했습니다.
Snow Lake Energy (NASDAQ : LITM) a accueilli la désignation par l'USGS de l'uranium comme minéral critique sur la liste finale 2025 publiée le 7 novembre 2025. Cette désignation reconnaît le rôle de l'uranium dans la sécurité nationale, économique et énergétique des États-Unis et pourrait permettre des avantages de financement fédéral, d’autorisation et d’approvisionnement pour les acteurs de l’industrie américaine. Snow Lake a déclaré que la liste aligne l'industrie uranifère domestique sur les principales priorités stratégiques américaines et prévoit que cette désignation accélérera l’action gouvernementale pour reconstruire l’indépendance nucléaire. La société a souligné son orientation intégrée verticalement aux États‑Unis à travers l’extraction de l’uranium, l’enrichissement et les petits réacteurs modulaires.
Snow Lake Energy (NASDAQ: LITM) begrüßte die Einstufung von Uran als kritisches Mineral durch das US Geological Survey in der Final 2025 Liste vom 7. November 2025. Die Einstufung würdigt die Rolle von Uran in der nationalen, wirtschaftlichen und Energiesicherheit der USA und könnte Vorteile bei bundesstaatlicher Finanzierung, Genehmigungen und Beschaffungen für US-Industrieakteure ermöglichen. Snow Lake erklärte, dass die Liste die heimische Uranindustrie mit den wichtigsten strategischen Prioritäten der USA in Einklang bringt und erwartet, dass die Einstufung behördliches Handeln zur Wiederherstellung der nuklearen Unabhängigkeit beschleunigen wird. Das Unternehmen hob seinen vertikal integrierten US-Fokus über Uranabbau, Anreicherung und kleine modulare Reaktoren hervor.
Snow Lake Energy (ناسداك: LITM) ترحب بتعيين اليورانيوم كمعدن حرج من قبل هيئة المسح الجيولوجي الأمريكية في القائمة النهائية 2025 التي صدرت في 7 نوفمبر 2025. يقر هذا التعيين بدور اليورانيوم في الأمن القومي والاقتصادي وأمن الطاقة في الولايات المتحدة وقد يتيح مزايا التمويل الفيدرالي والتصاريح والشراء للمشاركين في الصناعة الأمريكية. قالت Snow Lake إن الإدراج ينسّق صناعة اليورانيوم المحلية مع أولويات استراتيجية قصوى في الولايات المتحدة وتتوقع أن يعجل التعيين باتخاذ الحكومة إجراءات لإعادة بناء الاستقلال النووي. أكدت الشركة تركيزها الأميركي المندمج عمودياً عبر التعدين اليورانيوم، والتخصيب، والمفاعلات الصغيرة المعيارية.
- Uranium designated critical by USGS on Nov 7, 2025
- Designation may enable federal funding and procurement advantages
- Aligns domestic uranium industry with highest U.S. strategic priorities
- Snow Lake advancing vertical integration: mining, enrichment, SMRs
- None.
Winnipeg, Manitoba--(Newsfile Corp. - November 10, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a U.S. focused nuclear fuel cycle company, welcomes the U.S. Geological Survey's designation of uranium as a critical mineral in the Final 2025 List of Critical Minerals released on November 7, 2025. This is a landmark designation and confirms uranium's essential role in U.S. national, economic and energy security.
Highlights
- U.S. Geological Survey recognizes uranium as critical to national and economic security
- Designation supports the development of a secure, domestic nuclear fuel supply chain
- U.S. industry participants may become eligible for federal funding, permitting, and procurement advantages
- Aligns the U.S. domestic uranium industry with the highest strategic priorities of the U.S.
Snow Lake CEO Remarks
"This is a pivotal moment for the U.S. uranium industry" said Frank Wheatley, CEO of Snow Lake. "This confirms that a reliable, domestic uranium supply chain is essential for national, economic and energy security. Snow Lake is advancing a vertically integrated, U.S. focused nuclear fuel cycle company based on three distinct pillars: uranium mining, uranium enrichment, and the deployment of small modular reactors."
Mr. Wheatley continued: "We expect this designation to accelerate U.S. Government action to rebuild U.S. nuclear independence and support companies committed to building a domestic uranium supply chain."
About the Critical Mineral Designation
The U.S. Geological Survey's designation followed a U.S. Department of Energy recommendation recognizing uranium's strategic importance to both civilian energy and U.S. defense capabilities. This designation may enable qualifying uranium projects to access government loan programs, grant funding, and FAST-41 streamlined permitting pathways. It may also influence the ongoing Section 232 review regarding imports of foreign-sourced uranium.
About Snow Lake Resources Ltd.
Snow Lake Resources Ltd. is a Canadian nuclear fuel cycle and critical minerals company listed on NASDAQ: LITM, with a portfolio of U.S. focused uranium projects, together with interests in next-generation uranium enrichment and small modular reactors. The Pine Ridge uranium project is an exploration stage project located in Wyoming, United States and the Engo Valley uranium project is an exploration stage project located on the Skeleton Coast of Namibia. Snow Lake also holds a portfolio of additional exploration stage critical minerals projects located in Manitoba, as well as investments in a number of public companies with critical minerals assets, including rare earths and lithium, in North America. Learn more at www.snowlakeenergy.com.
Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements, including without limitation statements with regard to Snow Lake Resources Ltd. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Snow Lake Resources Ltd.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Some of these risks and uncertainties are described more fully in the section titled "Risk Factors" in our registration statements and annual reports filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Snow Lake Resources Ltd. undertakes no duty to update such information except as required under applicable law.
For Further Information:
| Frank Wheatley | Investor Relations |
| Chief Executive Officer | info@snowlakelithium.com |
| fw@snowlakelithium.com |
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273813
FAQ
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