PRNewsWire
29 Jun 2026, 10:45 UTC · 2h ago
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The Apex project could potentially supply nearly 100% of the domestic U.S. germanium demand from a single source at a mining rate of 150 tpd. — Establishing a dominant, domestic U.S. source for a critical mineral in a constrained market significantly increases the company's strategic value and revenue potential.
+0.80Blue Moon is exploring the sale of direct shipping ore (DSO) and has received unsolicited interest from several major germanium and gallium users. — The ability to generate revenue via DSO provides a faster path to cash flow than full-scale mine development.
+0.60A maiden bulk sample from the Apex project returned grades of 0.180% germanium, 0.0273% gallium, and 1.96% copper. — These initial results validate the presence of critical minerals, though the company notes the sample is selective and not necessarily representative of the entire zone.
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The company targets completion of mine permitting by Q2-2027, with a potential start for DSO in Q3-2027. — Provides a clear timeline for operationalization, though it remains a long-term prospect subject to regulatory approval.
+0.20Which stocks this story touches
The company reported positive assay results from its maiden bulk sample and indicated strong commercial interest in its germanium and gallium assets.
Mentioned only as a major shareholder of Blue Moon Metals.
Mentioned only as a major shareholder of Blue Moon Metals.
Mentioned as a former owner of the Apex project and a current shareholder, but the news is not materially positive or negative for its operations.
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