Trigg Minerals USA Chosen for $18 Million Award Negotiations with DOE

Trigg Minerals USA Selected for Major DOE Project Funding

American Tungsten & Antimony Limited (ASX: AT4; OTCQB: ATALF) has announced a significant achievement through its wholly-owned U.S. subsidiary, Trigg Minerals USA LLC. The company has been selected by the U.S. Department of Energy (DOE) to initiate negotiations concerning the scope and the terms of a potential funding award that could reach up to $18 million for the ASCEND-Sb Project.

This ambitious project is part of a broader initiative by the DOE, which involves the selection of various projects under a $162 million funding program announced on August 18, 2026. Among nine national recipients, Trigg Minerals stands out for its innovative approach to enhancing the Antimony industry, particularly critical minerals vital for national defense and advanced manufacturing.

The funding program is managed by the DOE Advanced Mining and Mineral Production Technologies Office, operating under the Office of Critical Minerals and Energy Innovation. This represents not only a financial opportunity for Trigg Minerals but also a crucial step toward bolstering America's domestic supply chain in the critical minerals sector.

As the first phase in the process to secure this grant, Trigg Minerals will engage in discussions with the DOE to finalize the terms of the funding package. The company has expressed its commitment to keeping stakeholders informed about the progress of these negotiations as they unfold.

In the strategic context of U.S. security and manufacturing resilience, antimony and tungsten are classified as critical minerals, and American Tungsten & Antimony is actively nurturing a portfolio of projects in Utah and Nevada. The flagship Antimony Canyon Project in Utah is complemented by several tungsten projects in the region, including Tennessee Mountain, Fraction Lode, Nightengale, Sage Hen, and Dutch Mountain.

Additionally, in a noteworthy move this July, American Tungsten announced a Share and Purchase Agreement to gain 100% ownership of the Del Sol Refinery in Nevada and the White Spar Antimony Mine in Arizona. This strategic acquisition and collaboration with the DOE underline the company's dedication to enhancing the U.S. supply chain for critical minerals at a time when reliance on global sources remains a significant concern.

American Tungsten & Antimony has demonstrated an ongoing commitment to sustainability and domestic resource development, focusing on fortifying the U.S. position in a rapidly evolving market landscape for metals critical to modern technologies. As Trigg Minerals embarks on this negotiation journey with the DOE, industry observers eagerly anticipate the potential impacts of the ASCEND-Sb initiative on both national security and economic stability.