M&A / Property
Military Metals signs research pact in Slovakia

MILI · Price
Executive Summary
- Military Metals Corp. signed a cooperation agreement with the University of Košice, Slovakia, to advance its Trojarova antimony project through academic collaboration, research, and technical support.
- The agreement includes provisions for joint participation in EU grant programs, specialized metallurgical testing, and the integration of the project into university degree programs (Bachelor, Engineering, PhD).
- CEO Scott Eldridge highlighted the strategic importance of the project, noting its inclusion in Slovakia’s 2025 list of critical raw materials projects submitted to the EU, which recognizes it as vital for domestic antimony supply.
Key Details
- Parties: Military Metals Corp. and the University of Košice (Slovakia).
- Objective: Create a formal framework for mutual collaboration to advance the Trojarova antimony project.
- Technical Support: The Faculty of Metallurgy and Materials Engineering will provide specialized metallurgical testing and analytical support focused on flowsheet design.
- Funding Opportunities: The university will explore opportunities for joint participation in European Union grant programs and other funding initiatives.
- Stakeholder Engagement: The university will support engagement with key stakeholders to facilitate collaboration across industry, research, and public sectors.
- Academic Integration:
- Field trips, internships, and research-based thesis work for students.
- Incorporation of the Trojarova antimony project into accredited degree awards: Bachelor (Bc), Engineering (Ing), and Postgraduate (PhD).
- Strategic Context: The Ministry of Environment in Slovakia listed the Trojarova antimony project in the domestic 2025 list of critical raw materials projects submitted to the EU.
- CEO Commentary: The partnership aims to bridge academic excellence with real-world application, potentially designing a flowsheet to produce an industrial spec product to capture the true antimony price, rather than just producing a concentrate.
- University Background: The University of Košice is a leading institution in mining education and research, with past industrial partners including Caterpillar, U.S. Steel, and Volkswagen.
Notable Quotes
- "This agreement marks an important step toward bridging academic excellence with real-world application. By combining our industry experience with the university's research capabilities, we can push the boundaries of what's possible in modern metallurgy." — Scott Eldridge, CEO
- "The university has had several prestigious industry project partners including Caterpillar, U.S. Steel and Volkswagen. We look forward to the possibility of EU-funded programs as we look to examine metallurgical studies with the idea of designing a flowsheet to produce an industrial spec product to capture the true antimony price, versus just producing a concentrate." — Scott Eldridge, CEO
- "Inclusion highlights the project for future potential exploration, investment and regulatory support." — Scott Eldridge, CEO
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