- G50 Corp (OTCQB: GFTYF) has begun trading on the OTCQB platform, marking a key step in expanding its US investor base.
- The company's Golconda Project in Arizona is the only publicly-traded gallium project in the United States.
- This move aligns with US government efforts to secure domestic sources of critical minerals amid Chinese supply concerns.
G50 Corp (OTCQB: GFTYF), an exploration company with operations in the southwestern United States, has started trading on the OTCQB platform. This development is part of the company’s strategy to increase its visibility and accessibility among North American investors. The current US ownership stands at approximately 9%, and this listing provides American investors with direct access to invest in what is believed to be the only publicly-traded gallium project in the US.
The Golconda Project, situated in Arizona, is strategically located near existing mining infrastructure and logistics hubs. The project is of particular interest due to its alignment with the US government's focus on securing reliable domestic sources of critical minerals amid concerns about dependency on Chinese supplies. The US government's recent executive orders emphasize this focus, enhancing the partnership between private and public sectors to strengthen the American critical minerals supply chain.
G50's activities come at a time of increasing demand for critical minerals used in AI data centers, electric vehicles, and defense applications. The company's position in the gallium market, integral to these technologies, is further strengthened by renewed interest in upstream mineral projects in the southwestern United States, signaled by increased activity from larger mining entities like BHP and Rio Tinto.
