Victory Approved by US DIBC

Rare earths. Photo: Peggy Greb/Wikimedia Commons
Rare earths. Photo: Peggy Greb/Wikimedia Commons

 Victory Metals announces that it has been accepted into the Defense Industrial Base Consortium (DIBC). 

This is a significant strategic milestone for Victory and a strong externalvalidation of North Stanmore's relevance to Western defence supply chains. DIBCprovides a direct pathway into the US defence procurement ecosystem at a timewhen the United States is moving decisively to secure non Chinese supply of heavy rare earths.

Victory Metals Chief Executive Officer and Executive Director Brendan Clarkcommented:

 "Acceptance into the Defense Industrial Base Consortium is a significant strategic milestone for Victory. It provides direct access to the US defence procurement ecosystem at a time when the United States is moving rapidly to secure non-Chinese supply of heavy rare earths and strategic minerals such as Hafnium & Scandium, both of which sit at the heart of the North Stanmoreproject.

"DIBC membership underscores the growing global recognition of North Stanmore as a strategically important Western aligned source of defence critical minerals. We look forward to engaging actively with DIBC members and pursuing funding, offtake and partnership opportunities that accelerate our pathway to production."

About the Defense Industrial Base Consortium (DIBC)

The Defense Industrial Base Consortium (DIBC) is a US public-private partnership focused on enhancing the resilience and responsiveness of the United States defence industrial base in support of the US Department of Defense. The Consortium identifies, develops and tests cutting-edge capabilities, addresses supply chain vulnerabilities, advances critical mineral extraction and processing, and scales emerging technologies aligned with US national security priorities. 

DIBC members gain access to US Government funding programs, solicitations, prime contractors, downstream end-users, and a collaboration platform designed to support teaming and partnership opportunities across the US defence industrial base.