Glencore Backed US Critical Minerals Moving to PEA | Stillwater Critical Minerals with Michael Rowley

In this interview at the Commodities Global Expo 2024, Michael Rowley, CEO of Stillwater Critical Minerals Corp. (TSXV:PGE) (FSE:J0G), provides insights into the company’s significant critical minerals project.

Rowley highlights the project’s impressive resource base, which includes 1.6 billion pounds of nickel-copper-cobalt and 3.8 million ounces of PGEs and gold. These substantial quantities of critical minerals position the company strategically in the growing clean energy and technology sectors.

The company’s relationship with Glencore, which holds a 15.4% strategic investment, adds significant credibility to the project. This partnership with one of the world’s largest mining companies suggests strong potential for development and commercialization.

Rowley outlines two key upcoming developments: advancing towards a Preliminary Economic Assessment (PEA) by the end of 2025 and pursuing US government support through Defense Production Act Title 3 matching grants.


Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.

Video Articles

IAMGOLD Q3 Earnings: Market Responds With MASSIVE Price Lift

G Mining Q3 Earnings: Costs Down, Production Up

Endeavour Silver Q3 Earnings: On The Upswing

Recommended

Silver47 Hits 606 g/t Over 9.7 Metres Silver Equivalent In Final Assays From 2025 Drill Program At Red Mountain

Altamira Gold Encounters Second Porphyry Body, Hitting 3.5 g/t Gold Over 8.0 Metres

Related News

Glencore Offers To Buy PolyMet Mining For US$2.11 A Share

Switzerland-based Glencore appears to be doing what it can to get closer with Teck Resources...

Tuesday, July 4, 2023, 09:36:08 AM

Teck Rejects Glencore’s Acquisition Bid: “Opportunistically Timed”

Teck Resources Limited (NYSE: TECK) announced on Monday that its board rejected “an unsolicited and...

Monday, April 3, 2023, 10:07:00 AM

First Cobalt Sees Glencore Take 4.8% Stake In Company Via Debt Conversion

First Cobalt (TSXV: FCC) this morning announced that it will be settling an outstanding debt...

Friday, March 26, 2021, 07:44:36 AM

After Two Rejected Offers, Glencore Now Wants Teck Resources’ Steelmaking Coal Unit

Glencore has made an offer to acquire Teck Resources (TSX: TECK.B) steelmaking coal business as...

Monday, June 12, 2023, 08:32:55 AM

Pierre Lassonde Plans To Acquire Up To 20% Stake In Teck Resources Spinout To Keep It In Canada

Pierre Lassonde, the wealthy gold mogul turned ally of Teck Resources Limited (NYSE: TECK) controlling shareholder Norman Keevil, plans to purchase a blocking position in Teck’s spin-off coal business to ensure it remains in Canadian hands. Lassonde’s plan is philosophically similar to Keevil’s, who rejected...

Monday, April 10, 2023, 07:52:58 AM