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Western Nations Accelerate $12B Critical Mineral Initiatives as Global Export Restrictions Reach Record Highs

Newswire.ca - Thu May 7, 10:15AM CDT

Issued on behalf of GoldHaven Resources Corp.

USANewsGroup.com News Commentary 

VANCOUVER, BC, May 7, 2026 /CNW/ -- The money tells the story. Western governments just committed $12.1 billion in new mining project capital through 30 partnerships at the 2026 PDAC conference, while the U.S. launched its FORGE coalition, pulling in 54 nations and locking down 11 bilateral supply agreements in a single day[1]. That spending is reactive. A new OECD inventory confirms global export restrictions on critical raw materials have hit an all-time high, with supply concentration for cobalt, lithium, and rare earths now exceeding 90% among the top three producing nations[2]. The structural shift is pulling capital down the entire Western mineral pipeline, from early stage exploration to commercial production, and five companies are positioned directly in its path: GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), Almonty Industries (NASDAQ: ALM) (TSX: AII), Brixton Metals (TSXV: BBB) (OTCQX: BBBXF), NioCorp Developments (NASDAQ: NB), and Energy Fuels (NYSE-A: UUUU) (TSX: EFR).

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