Nimy will discuss its Mons Gallium Block 3 resource in WA with critical minerals investors, financiers and customers as part of the delegation being led by WA Mines and Petroleum Minister David Michael.
Nimy Resources (ASX: NIM) is pleased to advise that it will hold key discussions with financiers and potential offtake partners in the U.S. over coming days as part of the Company’s strategy to advance its Mons Gallium Block 3 high-grade resource in WA.
The discussions will form part of the trade mission delegation being led by WA Mines and Petroleum Minister David Michael. Nimy will be represented by Managing Director Luke Hampson.
The purposes of the mission are:
- Strengthen critical minerals partnerships.
- Build on the already-strong North American investment and trade ties.
- Build on the Australia-U.S. critical minerals framework.
- The mission includes meetings in New York and Washington DC.
- The engagement with the U.S. will build on the bilateral framework on critical minerals and rare earths agreement signed between Australia and the U.S. in October 2025.
The delegation seeks to leverage Western Australia’s position as a leading mining jurisdiction and emphasise the State’s credentials in critical minerals, further advancing the objectives of the bilateral agreement signed in October 2025.
During the New York and Washington DC segments of the trip, the Minister and delegates will engage with industry representatives, investors, and stakeholders to reaffirm Western Australia’s reputation as a dependable supplier of critical minerals required by global energy transition initiatives, defense sectors, and advanced technology industries.
The bilateral agreement executed in October 2025 is intended to expedite priority projects and enhance supply chain diversification. This development presents substantial opportunities for Nimy to engage with North American investment partners and integrate into U.S. supply chains.
Nimy, as a member of the delegation, is strategically positioned to leverage the growing commercial ties with North America and address the imminent gallium shortage caused by increased demand and stringent export controls imposed by China, which currently accounts for approximately 98% of global production and supply.
The Mons Gallium Block 3 resource hosts a JORC Inferred Resource of 7.23Mt at 102g/t Ga2O3 (740t contained Gallium Trioxide using a 70g/t Ga2O3 cut-off) and 538ppm Total Rare Earth Oxides (TREOs) (3,890t of contained TREOs) (refer to ASX announcement dated 13 November 2025), positioning the company to leverage opportunities presented by upcoming meetings in New York and Washington DC.
Perth-based Strategic Metallurgy is undertaking a scoping study on the Mons Gallium Block 3 project (see ASX announcement dated 25 February, 2026). The study is scheduled for completion in the second quarter of 2026.
Managing Director, Luke Hampson, commented:
I look forward to establishing relationships and creating opportunities which will help Nimy unlock the immense value of our Mons Gallium Block 3 project and in the process, help meet the huge demand for critical gallium supplies in North America.”
Comments attributed to Mines and Petroleum Minister David Michael:
Western Australia is recognised globally as a reliable and ethical supplier of the critical materials needed to support clean energy, defence capability, and advanced manufacturing. This visit will strengthen our long-standing relationships with allied partners Canada and the United States and support Western Australian companies seeking investment and offtake partners for major critical minerals projects. With both Canada and the U.S. working to diversify supply chains, Western Australia is exceptionally well placed to help meet their needs and to deepen collaboration across our shared economic and strategic priorities.”
This announcement has been approved for release by the Board of Nimy Resources.