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Ares Strategic Mining Awarded Multi-Year Pentagon Contract with Estimated Initial Award Value of ~$169M and Potential Task Orders Up to $250M Over Five Years

Ares Strategic Mining Secures $169M Pentagon Contract | TheNewswire

Vancouver, B.C., 20 th January 2026 – TheNewswire – In a major development for the U.S. critical minerals industry, Ares Strategic Mining Inc. (CSE: ARS) (OTC: ARSMF) (FRA: N8I1) has been officially awarded a $168,938,267.30 contract by the U.S. Department of Defense (DoD) through the Defense Logistics Agency (DLA) – a significant initiative to help strengthen America’s domestic manufacturing and supply base and support the rebuilding of U.S. strategic mineral stockpiles.   Click Image To View Full Size

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Brief Summary

Ares Strategic Mining Inc. has made headlines by securing an extensive contract with the U.S. Department of Defense valued at approximately $169M. This contract represents a critical step towards enhancing the United States’ strategic mineral stockpiles and bolstering domestic production capabilities.

  • Contract Value: $168,938,267.30
  • Potential Task Orders: Up to $250M over five years
  • Support for Domestic Manufacturing: Aiming to strengthen U.S. supply chains
  • Market Relevance: Vital for the U.S. critical minerals industry

Why it matters: This contract not only reinforces Ares Strategic Mining’s position in the market but also enhances U.S. strategic capabilities in the minerals sector.

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