May 15, 2025 – TheNewswire - Vancouver, British Columbia, Rockland Resources Ltd. (the "Company" or "Rockland") (CSE: RKL) (OTCQB: BERLF) (FSE: GB2), an exploration company focussed on advancing its beryllium projects in Utah, is pleased to welcome Mr. Taylor Sulik to its Advisory Board. Mr. Sulik is a seasoned U.S. intelligence and security professional, with more than seven years of experience with the United States Coast Guard across a variety of security and intelligence roles. In addition, he is presid ...

Materion (MTRN) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Company Participants Kyle Kelleher - Director, IR & Corporate FP&AJugal Vijayvargiya - CEO, President & DirectorShelly Chadwick - VP of Finance & CFOJustin Ages - Director - Equity ResearchDavid Silver - Senior MD & Director - Equity ResearchDave Storms - Director of Equity Research Conference Call Participants Philip Gibbs - Director, Metals Equity Research Analyst Operator Good day, everyone. Welcome to the Materion First Quarter twenty twenty ...

Financial Data and Key Metrics Changes - The company reported record first quarter margins with EBITDA margins improving by 130 basis points year over year [6] - Sales increased by approximately 4% year over year, excluding the PMI inventory correction, with total sales up about 1% [7] - Adjusted earnings per share for the quarter were $1.13, an 18% increase from the prior year [15] - Adjusted EBITDA reached $48.7 million, representing 18.8% of value-added sales, up 8% with margin expansion of 130 basis points [16] Business Line Data and Key Metrics Changes - Performance Materials segment saw value-added sales of $160 million, up 3% year over year, driven by strength in space and energy markets [16] - Electronic Materials segment reported value-added sales of $77.8 million, slightly up from the prior year, with EBITDA down 8% due to nonrecurring items [18] - Precision Optics segment experienced a decline in value-added sales to $21.5 million, down 13% year over year, with EBITDA showing a loss of $100,000 [21] Market Data and Key Metrics Changes - The aerospace market grew over 30% in the quarter, driven by commercial aerospace and space applications [7] - The automotive market saw a decline of 13% year over year due to lower customer build rates and inventory destocking [9] - The semiconductor market showed signs of gradual improvement, particularly in data storage and advanced logic applications, although power semiconductor shipments remained sluggish [7] Company Strategy and Development Direction - The company aims to achieve a 20% plus EBITDA margin for the year while focusing on operational excellence and structural cost improvements [13] - There is a commitment to minimizing tariff impacts and driving cash generation through working capital improvements and pacing capital investments [14] - The company is actively working with customers to identify opportunities for sales growth in the U.S. market [13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged uncertainty due to tariffs and potential impacts on the second quarter and beyond, but remains focused on performance improvement [11] - The company expects continued strength in aerospace and defense markets, with operational performance and cost improvements driving strong bottom-line results [17] - Management remains optimistic about the semiconductor market improving as the year progresses, despite challenges in the power semiconductor business [19] Other Important Information - The company ended the quarter with a net debt position of approximately $436 million and $172 million of available capacity on its credit facility [22] - Free cash flow improved by $35 million year over year, largely due to inventory reduction initiatives [23] - The company has reduced its capital expenditure expectations by $10 million for the full year [24] Q&A Session Summary Question: Clarification on tariff impacts and EBITDA margin targets - Management confirmed commitment to achieving a 20% plus EBITDA margin despite potential tariff impacts, emphasizing the need for continuous performance improvements [27][30] Question: Impact of freezing orders from buyers in China - Approximately half of the $100 million in annual sales to China is from the semiconductor market, with the rest distributed across automotive and consumer electronics [33] Question: Understanding the expected tariff impact on earnings - The anticipated $0.10 to $0.50 impact on earnings per share in the second half is primarily related to sales going into China, with efforts to mitigate through operational actions [36][43] Question: Customer CapEx plans in the semiconductor sector - Generally, semiconductor customers are not significantly changing their CapEx plans, viewing current uncertainties as short-term [48] Question: Effects of tariffs on product development and collaboration - Product development efforts remain strong, with ongoing collaborations with customers despite the current uncertainty [56] Question: Outlook for aerospace and defense markets - Aerospace and defense markets are expected to continue strong growth, with defense being a good growth market for the coming years [62]

Materion Corporation 1Q 2025 Earnings Presentation May 1, 2025 © 2025 Materion Corporation | Agenda | | | --- | --- | | Introduction | Kyle Kelleher – Director, Investor Relations and Corporate FP&A | | Opening Remarks & Business Update | Jugal Vijayvargiya – President and Chief Executive Officer | | Financial Review | Shelly Chadwick – Vice President and Chief Financial Officer | | Q&A | Question and Answer Session | 2 © 2025 Materion Corporation Forward-looking Statements and Non-GAAP Financial Informatio ...

Materion (MTRN) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.89%. A quarter ago, it was expected that this supplier of engineered materials to technology companies would post earnings of $1.43 per share when it actually produced earnings of $1.55, delivering a surprise of 8.39%.O ...

"I am pleased with our strong start to the year, despite the volatile macro environment. Our teams executed well to deliver strong operational performance and record first quarter margins on modest top line growth," said Jugal Vijayvargiya, President & CEO of Materion. "We also drove significantly improved cash flow in the quarter, with a focus on reducing inventory and thoughtfully pacing investments. "While there is increased uncertainty around the eventual impact of tariffs on our results and the broader ...

Core Insights - Rockland Resources Ltd. participated in the Beryllium Health and Safety Committee (BHSC) Meeting held on March 25-26, 2025, focusing on the safe handling and future applications of beryllium in the clean energy sector [1][2] - The BHSC meeting had over 110 participants globally, emphasizing the growing importance of beryllium in clean energy development and the commitment to safe practices [2] - Rockland is exploring potential collaborations with MiRESSO, a fusion start-up from Japan, to locate and develop beryl properties that align with MiRESSO's future needs [2][3] Company Developments - Rockland is actively exploring for beryl in Utah, holding a strong land position with its Claybank and Beryllium Butte Projects [3] - The Spor Mountain region in Utah is recognized for its beryllium occurrences, with Materion Corp. being the largest producer of beryllium from bertrandite at its Spor Mountain Mine, operational since 1969 [3][4] - The company is advancing critical metals exploration, specializing in beryllium, in a region with over 50 years of established mining history [4] Industry Context - Beryllium is classified as a high-value, essential light metal with diverse applications across aerospace, telecommunications, electronics, medical, satellite, energy, and defense sectors, and is recognized as a critical material by the US Government [5]

Vancouver, British Columbia – TheNewswire - March 25, 2025, Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL), is pleased to announce the acquisition of the Claybank Beryllium Project in Juab County, Utah, located five kilometers northeast of Spor Mountain, the largest global beryllium producer operated by Materion Corp. (NYSE: MTRN)(1). Claybank connects via a 4.5km spur to the paved Brush Highway that is used to ship ore from Spor Mountain’s mining operations to their treatment plant locat ...

Core Insights - Materion (NYSE: MTRN) has experienced a more interesting couple of years than initially expected, raising concerns about its valuation [1] Company Analysis - The article reflects on the recent performance and valuation concerns of Materion, indicating a need for further evaluation of its investment potential [1] Industry Context - No specific industry context or broader market analysis is provided in the content [1]

Financial Data and Key Metrics Changes - In Q4 2024, value-added sales were $296.1 million, up 2% year-over-year and up 12% sequentially [27] - Adjusted EBITDA reached a record $61.5 million, representing 20.8% of value-added sales, up 15% with a margin expansion of 240 basis points from the prior year [28] - For the full year 2024, adjusted EBITDA was $221.2 million, or 20.2% of value-added sales, up 2% from the prior year with margin expansion of 90 basis points [39] Business Line Data and Key Metrics Changes - Performance Materials segment achieved value-added sales of $195.8 million, a 5% increase year-over-year, with EBITDA of $53.6 million or 27.4% of value-added sales, up 17% [30] - Electronic Materials segment saw value-added sales of $78.6 million, a 1% increase year-over-year, with EBITDA of $14.7 million or 18.7% of value-added sales, up 460 basis points [33] - Precision Optics segment reported value-added sales of $21.7 million, down 17% year-over-year, with an EBITDA loss of $1.1 million [36] Market Data and Key Metrics Changes - Aerospace and defense markets showed strong demand, contributing to growth, while automotive and industrial markets remained weak [9][23] - Semiconductor market is expected to see mid-single-digit growth in 2025, with a gradual recovery anticipated in the second half of the year [23][60] - Precision clad strip sales are expected to decline due to ongoing inventory corrections, with a projected year-over-year decline of around 20% [52] Company Strategy and Development Direction - The company aims to achieve a new midterm EBITDA margin target of 23%, expecting an additional 300 basis points of improvement over the next several years [12] - Strategic initiatives include optimizing the footprint, eliminating underperforming non-core businesses, and investing in R&D to support next-generation products [17][19] - The company is focused on maintaining strong partnerships in aerospace and defense, as well as expanding its semiconductor product offerings [15][16] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for 2025, anticipating solid growth in aerospace and defense, with a gradual recovery in semiconductor markets [22][23] - The company expects low single-digit growth in other end markets, with automotive remaining weak [24] - Management highlighted the importance of operational excellence and cost management in driving future profitability [39][43] Other Important Information - The company completed the sale of an electronic materials business and is rightsizing facilities in Asia to improve efficiency [17][18] - R&D spending reached an all-time high in 2024, focusing on high-growth opportunities aligned with global megatrends [19][20] - The company ended the quarter with a net debt position of approximately $425 million and generated strong free cash flow of $57 million [40][41] Q&A Session Summary Question: Clarification on Precision Clad Strip business and inventory actions - Management indicated a projected year-over-year decline of around 20% in the Precision Clad Strip business due to customer inventory corrections, with expectations for recovery in 2026 [52] Question: Expectations for the semiconductor business recovery - Management noted a challenging environment for power semiconductors but anticipated mid-single-digit growth driven by advanced nodes and memory applications in the second half of 2025 [60] Question: Details on the $73 million impairment in Precision Optics - Management explained that the impairment was due to a loss of a major customer and a reassessment of the business's value, emphasizing a commitment to turnaround efforts [66][68] Question: Long-term target of 23% adjusted EBITDA margin - Management stated that achieving this target will require organic growth of 200 to 300 basis points above underlying markets, along with continued operational excellence [80][82] Question: Impact of tariffs on supply chain - Management is actively monitoring the evolving tariff environment and has strategies in place to manage potential impacts on both the buy and sell sides of the business [95][102]