TSX:VNPChemicals
5N Plus (TSX:VNP) Is Up 27.3% After Winning US$18.1M Germanium Grant Has The Bull Case Changed?
5N Plus Inc. recently announced it has been awarded a US$18.1 million U.S. government grant to expand germanium recycling and refining capacity at its St. George, Utah facility over the next 48 months, supporting domestic mineral production priorities.
This funding could make 5N Plus a more important supplier of high-purity germanium for infrared optics, night vision, EOIR systems and satellite solar applications in the United States.
We’ll now examine how this government-backed expansion of...