Diablo Resources (ASX:DBO) gains diplomatic spotlight amid U.S.-Australia critical minerals dialogue

Diablo Resources (ASX:DBO) gains diplomatic spotlight amid U.S.-Australia critical minerals dialogue

October 21, 2025 Off By MarketOpen

As geopolitical attention intensifies around securing allied supply chains for critical minerals, Diablo Resources (ASX:DBO) has been handed an opportunity that places the company squarely within the strategic crosshairs of two governments.

The Perth-based explorer has been invited to attend a private lunch with Prime Minister Anthony Albanese in Washington, D.C., hosted by Australian Ambassador and former Prime Minister Kevin Rudd, following Albanese’s bilateral meeting with U.S. President Donald Trump.

Highlights

  • Prime Ministerial engagement: Invitation to lunch hosted by Prime Minister Albanese and Ambassador Rudd in Washington, D.C.

  • Strategic timing: Follows Albanese’s meeting with President Trump where critical minerals are a central topic.

  • U.S. footprint: Diablo advancing copper, silver, and antimony projects in Utah.

  • Government recognition: Invitation reflects alignment with allied clean energy and national security objectives.

The event, scheduled for October 22, underscores the strengthening alliance between Australia and the United States in securing transparent and resilient supply chains for critical minerals.

These materials underpin everything from renewable energy technologies to defence systems, and both nations are pushing to reduce dependence on Chinese-dominated processing routes.

For Diablo Resources, the diplomatic setting offers far more than ceremonial value.

The company’s two projects in Utah, the Phoenix Copper Project and the Star Range Silver-Antimony Project, position it within the very geography central to Washington’s efforts to foster domestic and allied mineral supply.

Chief Executive Officer Lyle Thorne said the event represents an opportunity to directly engage in discussions shaping future resource policy:

“We’re incredibly grateful to have been invited by Prime Minister Albanese and Ambassador Rudd to join this event in Washington. It’s an exciting moment for Diablo, to have a seat at the table as Australia and the U.S. discuss the future of critical minerals. With our projects based in the United States, this dialogue couldn’t be more relevant to what we’re building.”

At the Phoenix Copper Project, located about 70 kilometres southwest of Moab, Utah, Diablo Resources has identified multiple mineralised zones with assays returning up to 45.7% copper and significant results over a 750-metre strike.

Three target areas, Philadelphia, Trenton, and Fair Dinkum, have been defined through sampling, with drilling recently completed and results pending.

Meanwhile, at the Star Range Silver-Antimony Project, located near Milford in Beaver County, historical assays have returned bonanza silver grades of up to 8,760 grams per tonne and surface antimony exceeding 1%.

These findings confirm the project’s potential relevance to both the clean energy and defence sectors, given antimony’s classification as a critical mineral essential to energy storage and munitions manufacturing.

The company’s inclusion in such a high-level diplomatic forum signals growing recognition of its role within what Washington increasingly terms the “U.S. critical minerals corridor.”

While commercial outcomes will depend on continued exploration success, Diablo’s U.S.-based projects align closely with broader policy initiatives aimed at building an integrated mine-to-market supply chain among trusted partners.

As global supply chains undergo realignment driven by energy transition and geopolitical security concerns, smaller players such as Diablo Resources are beginning to feature in the broader narrative linking resource development with national strategy.

For investors, the company’s growing visibility within diplomatic and policy circles provides a timely reminder that the intersection of geology and geopolitics continues to shape the next phase of the critical minerals sector.

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