Construction begins at Ares’ US acidspar plant; fluorspar deemed critical by govt

URLhttps://www.fastmarkets.com/insights/construction-
SourceFast Markets
Date Published02/06/2024

Additional Reshoring Information:

Company/Division name ARES Strategic Mining
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):10.5
Country(ies) from which reshored:Canada
State(s) reshored to:UT
If relevant, work nearshored to:-
Industry(ies):Nonmetallic Mineral Products
Product(s) reshoredfluorspar, acidspar
What domestic positive factors made reshoring more attractive?Raw Materials Cost
Find Reshoring Articles