Northwire Canada EditionTuesday, September 15, 2026
Northwire
GOLD 4332.00 −0.5% SILVER 64.26 +0.2% COPPER 6.44 +0.6% OIL 102.17 +0.8% PALLADIUM 1313.50 +0.4% SCMI 1.63 +0.0% ANK 0.450 +0.0% GZD 0.055 +0.0% ADG 0.430 +0.0% NTH 0.165 +0.0% NOVA 0.165 +0.0% PER 0.140 +0.0% MACK 3.04 +0.0% CTGO 25.75 +0.0% GEMG 1.57 +0.0% MLP 2.54 +0.0% GSKR 3.28 +0.0% SYH 0.410 +0.0% AHR 1.01 +0.0% MCC 0.200 +0.0% PMI 0.680 +0.0% GOLD 4332.00 −0.5% SILVER 64.26 +0.2% COPPER 6.44 +0.6% OIL 102.17 +0.8% PALLADIUM 1313.50 +0.4% SCMI 1.63 +0.0% ANK 0.450 +0.0% GZD 0.055 +0.0% ADG 0.430 +0.0% NTH 0.165 +0.0% NOVA 0.165 +0.0% PER 0.140 +0.0% MACK 3.04 +0.0% CTGO 25.75 +0.0% GEMG 1.57 +0.0% MLP 2.54 +0.0% GSKR 3.28 +0.0% SYH 0.410 +0.0% AHR 1.01 +0.0% MCC 0.200 +0.0% PMI 0.680 +0.0%
Other

Allied Critical Metals Earns Strategic Recognition from idD Portugal Defence - Strengthening Europe's Tungsten Security

ACM · Price

Executive Summary

  • Portugal’s defence authority (idD Portugal Defence) formally recognized Allied Critical Metals’ Borralha Tungsten Project as a strategic national initiative, highlighting its importance to European defence and industrial supply chains.
  • The Letter of Recognition provides an expedited pathway for governmental support, funding mechanisms, and potential partnerships with European defence contractors.
  • The endorsement enhances Allied’s credibility with Portuguese ministries and positions the company as a long‑term contributor to Europe’s critical raw materials strategy under the EU Critical Raw Materials Act.

Key Details

  • Recognition: idD Portugal Defence issued a formal Letter of Recognition acknowledging Allied’s leadership in re‑establishing tungsten production in Portugal.
  • Strategic Impact: The endorsement places Borralha on the radar of Portugal’s Ministries of Defence and Economy, facilitating faster governmental support and potential funding.
  • Political Alignment: Strengthens Allied’s credibility and alignment with local/national authorities, improving prospects for strategic partnerships with European defence OEMs seeking secure tungsten sources.
  • Project Context: Borralha (and adjacent Vila Verde) are historic tungsten districts being revitalized by Allied using modern exploration techniques and environmentally responsible practices.
  • Quote: “This recognition… underscores Allied's emergence as a strategic partner in Europe’s industrial and defence sovereignty,” said João Barros, President & COO.
  • Future Plans: As Borralha advances through its Environmental Impact Assessment (EIA) process, Allied will deepen collaboration with government stakeholders to align development with national priorities and pursue funding/partnership opportunities.

Notable Quotes

“We are honoured that the Portuguese government recognizes Borralha's strategic contribution to the Defence Technological and Industrial Base.” – João Barros, President & COO, Allied Critical Metals.

Read the original news release →

More from Allied Critical Metals Inc.