West Cobar Metals targets US federal funding

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West Cobar Metals targets US federal funding
West Cobar Metals targets US federal funding
Isaac Francis
Written by Isaac Francis
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West Cobar Metals (ASX:WC1) announced a leap forward in its international expansion, formalising a strategy aimed at securing United States federal funding and downstream partnerships.

The Australian explorer has lodged submissions for various US government funding programmes, specifically targeting support for the development of its flagship Salazar Project in Western Australia and the Bulla Park project in New South Wales.

The move aligns the company's diverse portfolio—which includes antimony, copper, rare earth elements, scandium, gallium, and titanium—directly with Washington’s urgent mandate to secure and diversify global supply chains critical to national security and industrial stability.

To navigate the complex regulatory and capital landscape of the American capital, West Cobar has partnered with GreenMet, a Washington D.C.-based advisory firm.

Led by former senior US government official Drew Horn, GreenMet is tasked with elevating the company’s visibility across federal agencies and industry offtakers.

The collaboration is designed to unlock non-dilutive funding opportunities, such as federal grants and loans, which could significantly accelerate project development timelines without impacting shareholder equity.

Furthermore, the company is actively evaluating new project opportunities within the United States to expand its strategic footprint.

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