Phenom Informs Shareholders of President Trump's Executive Order: Immediate Measures to Increase American Mineral Production
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President Trump signed an Executive Order targeting increased domestic mineral production by reducing federal regulations. The order creates 10-30 day action plans for key government agencies to advance mineral projects and solicits industry feedback on expediting production. This could potentially benefit mining companies like Phenom Resources by streamlining permit processes and supporting mineral exploration.
March 25, 2025 | 3:15 pm
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The Executive Order could expedite permit processes for Phenom's Dobbin and King Solomon gold projects, potentially accelerating exploration and development timelines.
The Executive Order directly addresses regulatory bottlenecks and aims to fast-track mineral production projects, which aligns with Phenom's current permit applications for Dobbin and King Solomon Gold Projects.
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