About Us

AE Fuels Corporation is a critical minerals company focused on the extraction and purification of materials that power electrification and energy storage. AEF has a multi-asset portfolio strategically located in tier one jurisdictions with manganese projects in the Pilbara Region of Western Australia and fluorspar prospects in New Mexico in the United States. Manganese and fluorspar are essential raw materials to multiple high-growth industries and are designated critical minerals in Australia, US and EU due to their importance to energy security and clean technology supply chains.

AEF is advancing development activities aimed at delivering reliable, allied-sourced supply of these materials to reduce US dependence on high-risk or non-aligned jurisdictions. The Company has an existing resource base and is advancing a midstream processing development program in collaboration with leading laboratories in Australia, Asia and North America, including Australia’s national science agency, CSIRO.

Mission

Our mission is to become a leading producer of high-purity, high-value minerals and chemical products, critical to United States’ energy, technology, and industrial markets.

Market Demand

As global electricity demand is set to triple to over 87,000 TWh by 2050, renewables-based electricity generation is rapidly expanding. While the mobility (EV) sector continues to be the largest source of demand, energy storage system (ESS) deployment is the fastest growing, projected to grow nearly 85-fold by 2050.

Manganese Demand

Only a fraction of manganese global ore production is battery-suitable which is significant as over 60% of Li-ion batteries contain manganese. High-purity manganese applications include Electrolytic Manganese Dioxide (EMD), Electrolytic Manganese Metal (EMM) and High Purity Manganese Sulphate Monohydrate (HPMSM) are gaining market share given EV and ESS adoption of manganese-based batteries. High manganese in batteries enhance energy density, performance, safety, and lower cost.

Fluorspar Demand

Fluorspar is an essential raw material to multiple, addressable high-growth markets, including automotive, aerospace, nuclear power, Li-ion batteries, defence, renewable and conventional energy. There is 5-10 times more fluorspar required in a li-ion battery than lithium, as it is used in all three parts of a battery, i.e.: as a critical cathode binder, a key electrolyte salt, and for anode purification. Current fluorspar production is highly concentrated, raising concerns about potential supply bottlenecks. China accounts for 65% of global production but reserves and exports are declining.