Governor Glenn Youngkin announced that Atlantic Strategic Minerals will invest over $50 million to restore and reopen its existing Virginia-based mining and mineral processing operations

Richmond, VA – According to the state officials, these operations include a mining operation in Dinwiddie County and a concentrator plant and mineral separation plant in Sussex County.

These facilities will allow ASM to help meet the growing demand for domestically produced critical minerals.

Of these critical minerals, ASM facilities produce materials containing titanium, zirconium, and rare-earth elements.

These minerals serve as crucial components in a variety of supply chains, including the aerospace, renewable energy, consumer products, and defense industries.

The project will create 71 new jobs at the Sussex County facility.  

Governor Glenn Youngkin released the following statement:

“We are thrilled to have Atlantic Strategic Minerals restore its mining and processing operations in Dinwiddie and Sussex Counties.

This operation will continue to help transform the economy of this region and support crucial supply chain components for key sectors including aerospace, energy, and defense that are so important here in the Commonwealth and beyond.” 

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