Stillwater Critical Minerals Releases Rhodium Drill Results and US Mining Support

Stillwater Critical Minerals Corp. announced notable rhodium assay results from its Stillwater West project in Montana, USA. Highlighted findings show up to 1.13 g/t Rh over 1.2 meters, contributing to the expanding mineral resource estimate. These results, occurring alongside rare PGEs like iridium, indicate promising polymetallic potential.

The market has seen rising rhodium prices due to supply constraints, elevating its value compared to palladium and platinum. Notably, Stillwater’s operations lie adjacent to Sibanye-Stillwater, a key US Rhodium producer facing reduced production and layoffs due to low palladium prices. These challenges have garnered bipartisan support from Montana’s political figures to back US critical mineral supply chains.

Stillwater's advancements align with US government measures targeting foreign metal supply chains, emphasizing domestic production. Additionally, the company collaborates with the US Geological Survey and has secured Department of Energy grants to bolster its efforts.