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Iris Metals aims to establish itself as a key US producer of critical minerals, including lithium and rubidium, in response to domestic supply chain issues. The company operates the only permitted US project for near-term lithium and rubidium production and is in talks for potential government funding. Its Beecher project in South Dakota is poised for early cash flow, and Iris is expanding its portfolio with additional projects in the region, including the acquisition of the Finley Basin tungsten project in Montana.