Victory Metals (ASX:VTM) is strategically positioned to capitalize on a recent executive order by former US President Donald Trump. The order initiates a Section 232 investigation into US reliance on imported processed critical minerals, potentially opening funding and commercial opportunities for Victory Metals’ North Stanmore Project in Western Australia. The company aims to align with emerging opportunities arising from the investigation to advance development plans and commercial discussions.
The executive order underscores the need for secure and sovereign-aligned supply chains for critical minerals essential for defense, energy transition, and advanced manufacturing. Victory Metals highlights that its North Stanmore Project can benefit, having demonstrated recovery of strategic minerals including dysprosium, terbium, yttrium, gallium, and scandium.
A Scoping Study released in March indicated the project’s potential as a long-term, low-cost critical minerals supplier. The North Stanmore Heavy Rare Earth Element Project boasts a 31-year mine life, with 72% of resources in the indicated category. The project’s estimated net present value (NPV) is $1.212 billion (post-tax) with a 52% internal rate of return (IRR) and $1.777 billion (pre-tax), based on Adamas Intelligence’s forecast.
