BUSINESS MODEL

PRISM’s Business Model is Focused on Commercializing World-Scale Critical Minerals

Our Business Model

Although PRISM owns a significant poly-metallic resource, it does not follow the traditional mining company business model involving resource definition followed by the production of commodities for export, such as low-cost iron concentrates or metallurgical coal targeted to overseas steel mills.

PRISM has adopted a business model that is designed to pair each of its multiple mineral assets with established, proven process technologies to move through the typical development life-cycle to multiple commercial operations more quickly and efficiently.

PRISM will manage its world-scale mineral asset development through a resource development process coupled with proven technologies designed to produce high-value products for high-demand markets.

Cash flows from critical mineral production will provide returns to its shareholders.

Iron Powder, Vanadium and Cobalt Project

PRISM's iron-vanadium project has already completed its resource definition and technology adoption stages. Successful results of an innovative reductive chlorination process in November 2024 provides the foundation to move towards a small scale commercial pilot plant.

Other Projects

PRISM is evaluating additional critical mineral resource and technology opportunities that follow our business model by conducting resource evaluations and identification of complementary and proven process technologies on these assets. As each project moves through its feasibility stage of development, new operating subsidiaries may be created to contribute additional revenue streams for our shareholders.