Magnum Mining and Exploration (ASX: MGU) will explore the possibility of it being able to fast track the permitting for a proposed critical minerals processing hub at its 100% owned Huxley and Colado sites in Nevada. The company has already entered into discussions with key consultants in relation to the development of the Lovelock hub for processing high-grade antimony and rare earth elements (REE). “With critical minerals security a clear priority for the US, we are positioning the company to be part of that solution by investigating the establishment of the Lovelock Critical Minerals Processing Hub,” chairm Michael Davy said. “The Lovelock hub not only provides the potential for commercial opportunity, but could also position Magnum as a strategic partner in rebuilding US critical minerals supply chains,” Mr Davy said. “With modular expansion capacity and, if eligible, government alignment through FAST-41, we believe Lovelock could become a processing hub with long-term value.”