AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Resolution Minerals has appointed Clewett Global Services to support U.S. government engagement.
- RML targets U.S. Department of Defense (DOD) funding to fast-track the Horse Heaven Project.
- Horse Heaven Project is located near Perpetua Resources' Stibnite mine, which has secured FAST-41 status and USD 74 million in DOD funding.
- The company is actively exploring funding opportunities under the proposed 2025 Budget Reconciliation Bill and DOD programs (Title III, IBAS).
- RML shares have surged 400% in one month.
Resolution Minerals Ltd (ASX:RML) has appointed Clewett Global Services as its external affairs adviser to support the development of its recently acquired Horse Heaven Antimony-Gold-Silver-Tungsten project in Idaho, USA. The consultancy will guide the company’s US government engagement strategy-a key step in RML’s objective to align with U.S. government priorities and establish itself as a trusted partner in the domestic critical minerals supply chain.
Todd Clewett, founding partner of Clewett Global Services, brings extensive experience in external affairs with mineral project advocacy. He previously headed external affairs for Newmont Corporation and Fortescue.
Following the Perpetua Blueprint
RML’s Horse Heaven Project is located adjacent to NASDAQ-listed Perpetua Resources’ USD 2 billion Stibnite Gold-Antimony Project, which has set a compelling precedent for Resolution’s ambitions. In April 2025, the Stibnite project became the first mining operation accepted into the U.S. FAST-41 program.
The Fast-41 program, established under the Fixing America’s Surface Transportation Act, is designed to accelerate the permitting process for infrastructure and mining projects of national importance. Furthermore, the program improves predictability, transparency, and timeliness of the federal review and permitting process.
Further strengthening its position, Perpetua Resources secured up to USD 74 million in funding from the U.S. Department of Defense (DOD), demonstrating the US government’s commitment to bolstering critical mineral supply chains.
Inspired by this success, Resolution is taking steps to align its own development pathway with U.S. strategic objectives.
Pursuing Federal Funding Opportunities
Resolution is closely monitoring developments related to the 2025 Budget Reconciliation Bill, which includes USD 2.5 billion to boost domestic production of critical minerals through the National Defense Stockpile. An additional USD 500 million has been allocated for the DOD Credit Program, which provides technical support, loans, and guarantees.
With Congress expected to vote on the bill by July 2025, Resolution is preparing to pursue all applicable funding opportunities that emerge upon passing of this proposed bill.
In addition, Resolution is evaluating potential funding avenues under the U.S. Department of Defense’s Title III and IBAS (Industrial Base Analysis and Sustainment) programs. These initiatives support the development of resilient and reliable supply chains for critical minerals.
Geopolitical Drivers Support Domestic Supply Push
The urgency for domestic critical mineral production in the U.S. has increased following China’s late 2024 export ban on antimony, tungsten, and gallium. These materials are vital for both defense and renewable energy sectors. In response, the U.S. administration has prioritised domestic and allied sources to mitigate dependency on foreign suppliers and strengthen national security.
RML Share Rally
RML shares were trading nearly 16% higher at AUD 0.051 per share at the time of writing on 18 June 2025. Including today’s rally, RML share price has increased by 400% in a month.
