Tactical Resources Advances U.S. Rare Earth Production Through Peak Project and Nasdaq Listing

Tactical Resources is addressing a critical need for domestic rare earth element (REE) production in North America, focusing on American assets for American supply and production. The company holds exclusive rights to rare earth materials within the Peak Project, an existing operational mine in Texas and one of only a few rare, hard rock, direct-leach-extractable rare earth projects globally. This approach supports faster production timelines and cost efficiencies, aligning with U.S. goals for supply chain sovereignty.

The Peak Project is strategically located southeast of El Paso, Texas, with established permitting and extensive existing infrastructure, including highway and rail access, which reduces development costs and time compared to greenfield projects. As an operational mine, it has proven REE-enriched tailings already extracted, and its direct-leach-extractable nature allows bypassing extra processing steps, leveraging natural advantages for quicker market entry. Additionally, byproduct stockpiles from historical operations provide a head start for rare earth extraction once facilities are established.

Key milestones for Tactical Resources include securing a strategic agreement with the Sierra Blanca Quarry, the current owner of the Peak Project, and signing a business combination agreement with Plum Acquisition Corp. III to pursue a Nasdaq listing, enabling access to additional capital for growth. This public markets transaction is expected to accelerate the company's development strategy, including pilot testing, flowsheet optimization, and eventual construction of a rare earth extraction facility.

Rare earth elements are indispensable due to their unique electromagnetic properties, powering technologies like smartphones, electric vehicles, artificial intelligence, humanoid robotics, and advanced defense systems. Chinese dominance in the REE supply chain poses vulnerabilities for Western interests, including national defense and geopolitical leverage. The U.S. government recognizes these risks and is supporting public-private partnerships and funding to build a robust domestic supply chain, addressing challenges like limited processing capacity and competitive pricing.

Looking ahead, Tactical Resources aims to capitalize on the growing demand for rare earths, driven by commercial and government needs. The company's focus on clean processing and advanced assets positions it to contribute significantly to U.S. supply chain independence, reducing reliance on foreign sources and enhancing national security.