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CHAR Tech Provides Year-End Update and Lists on the Frankfurt Stock Exchange
Globenewswire· 2025-12-31 13:00
TORONTO, Dec. 31, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to provide a year-end corporate update highlighting progress across its development portfolio and key priorities as the Company enters 2026. In December 2025, the Company also listed on the Frankfurt Stock Exchange (ticker 68K). 2025 was a year focused on building and advancing CHAR Tech’s first commercial-scale projects including: The Thorold Rene ...
CHAR Technologies Announces C$1M Private Placement
Globenewswire· 2025-12-11 22:50
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 11, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, today announced its intention to complete a non-brokered private placement (the "Offering") of up to 5,000,000 units (“Units”) at a price of CDN$0.20 per Unit for gross proceeds of up to CDN$1,000,000. Each Unit will be comprised of one common share of the Company (e ...
Fathom Announces the Start of Winter Trail Access to the Gochager Lake Project
Newsfile· 2025-12-10 12:50
Core Viewpoint - Fathom Nickel Inc. has initiated winter trail access to the Gochager Lake project, which is expected to enhance exploration efficiency and reduce costs significantly [1][4]. Group 1: Project Development - The company has received permission to utilize the access road to the Roy-Lloyd mine, allowing crews to prepare a trail to Benjamin Lake by Christmas [2]. - Following the holiday break, work will continue on historic trails and ice roads to facilitate the transportation of drilling equipment by mid-February 2026 [2]. - A low-frequency electromagnetic geophysical survey will commence in early January to expand the geochemical footprint of the Gochager Lake deposit [3]. Group 2: Cost Efficiency - The winter trail access is expected to reduce reliance on helicopter transport and winter fixed-wing air support, leading to lower overall exploration costs [4]. - The combination of using ice roads and historic trails will allow for more extensive drilling operations at the project [4]. Group 3: Exploration Potential - The Gochager Lake project is part of Fathom's strategy to target magmatic nickel sulphide discoveries, contributing to North American critical minerals supply and supporting the green energy transition [6]. - Historical data suggests an exploration target of 4-5 million tons grading 0.3%-0.4% Ni and 0.08%-0.09% Cu at the Gochager Lake deposit, although this estimate is not well documented [11]. - Fathom has confirmed Ni-Cu grades comparable to historical reports through its drilling efforts, indicating the presence of a significant deposit [11].
European Commission Review Dismisses NGO Allegations on Strategic Project Designation
Globenewswire· 2025-12-03 22:00
TORONTO, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun”, “ESM”, or the “Company”) acknowledges the European Commission’s published responses to allegations submitted by certain Non-Governmental Organizations (NGOs) directly to the CRMA Strategic Project Promoters in Brussels regarding the Commission Decision 2025/840 of 25 March 2025, which designated certain critical raw material projects as strategic. The Company notes the positive outcome of the European Commission’s intern ...
The Uncertain Future of UK Oil and Gas
Yahoo Finance· 2025-10-05 19:00
Core Viewpoint - The U.K. government under the Labour Party is shifting its energy policy towards stricter regulations on fossil fuel companies while maintaining the use of oil and gas as part of the energy mix for the foreseeable future [1][4]. Group 1: Government Policy Changes - The Labour government has introduced stricter environmental regulations for fossil fuel companies operating in the North Sea, requiring them to account for the environmental impact of emissions from the fuels extracted [1]. - The government will not issue any new oil and gas licenses, marking a departure from the previous Conservative government's support for U.K. oil and gas operations [2]. - Existing oil and gas projects can continue but will be subject to higher taxes, with companies taxed at around 78 percent, including the Energy Profits Levy introduced in 2022 [2]. Group 2: Industry Response and Future Outlook - Prime Minister Kier Starmer emphasized a pragmatic approach to the energy mix, stating that oil and gas from the North Sea will remain essential for many years while also integrating renewable energy sources [4]. - U.S. President Donald Trump highlighted the potential of North Sea oil, suggesting that the U.K. has significant assets that could be utilized under the current administration [3].
Fathom Announces Additional Prospecting Program Within Expanded Footprint at the Gochager Lake Project
Newsfile· 2025-09-29 11:45
Core Viewpoint - Fathom Nickel Inc. has initiated an additional prospecting program at the Gochager Lake Project following a recent wildfire that has exposed new geological outcrops, enhancing the potential for mineral exploration [1][3]. Group 1: Project Details - The prospecting program focuses on newly exposed gabbroic-pyroxenite rock types, with geochemical anomalies identified up to 1.4 km along strike from the historic Gochager Lake deposit [2][3]. - Geology crews are collecting chip samples and conducting pXRF rock geochemistry analysis on-site, with the program expected to last approximately one week [2][3]. - Initial soil geochemistry results have begun to arrive, with full results anticipated by mid-October [3]. Group 2: Methodology and Technology - Fathom is utilizing a portable Vanta™ XRF Analyzer for real-time lithogeochemical data collection on surface rock samples, which allows for effective readings of various elements including nickel, copper, and cobalt [7]. - The pXRF data serves as an indication of elemental presence, although its accuracy can vary based on beam positioning [7]. Group 3: Company Overview - Fathom Nickel Inc. is focused on exploring magmatic nickel sulphide deposits to secure critical minerals for North America and support the global green energy transition [10]. - The company holds three exploration projects in Saskatchewan, including the Gochager Lake Project, which spans over 34,000 hectares and hosts the historic Gochager Lake deposit [11].
Mining Earnings Could Drop 25 Percent From Nature-Related Risks, Report - BHP Group (NYSE:BHP), Fortescue (OTC:FSUGY)
Benzinga· 2025-09-28 14:16
Core Insights - Commodities like gold and silver are performing well, but nature-related risks could reduce sector earnings by up to 25% [1] - The mining sector is particularly vulnerable to biodiversity and ecosystem challenges, which may alter operational practices [1][4] Industry Challenges - The report highlights a conflict between rising commodity demand and increasing environmental scrutiny, particularly for copper, nickel, and lithium, which are essential for electrification and renewable energy [3] - Mining is highly exposed to nature-related risks due to its reliance on ecosystems for resources like land and water, with potential operational and financial strains if these risks are not managed [4] Future Projections - The number of people facing potential water scarcity is expected to rise from 1.9 billion (27% of the global population) in the early 2010s to between 2.7 billion and 3.2 billion by 2050, representing a 42%-95% increase [5] - The current commodity cycle is uneven, with industrial metal prices remaining volatile and demand expectations fluctuating due to global growth and tariff policies [6] Operational Implications - A downturn in earnings linked to nature-related risks could disrupt the fragile balance in the mining sector, especially as mine development typically requires long timelines [7] - The growing long-term demand for green metals may be constrained by the sector's vulnerability to environmental pressures, creating a dilemma for the green energy transition [8] Risk Management Framework - Barclays suggests the LEAP framework (Locate, Evaluate, Assess, Prepare) as a structured approach for investors to quantify and manage nature-related risks, which include not only immediate costs but also reputational damage and regulatory sanctions [8] Conclusion - Addressing nature-related risks is crucial for protecting shareholder value and ensuring the success of the green transition [9]
Statkraft signs agreement to sell hydropower project in India to JSW Energy Ltd
Globenewswire· 2025-09-18 17:00
Core Viewpoint - Statkraft has signed an agreement to sell the Tidong hydropower project in Himachal Pradesh to JSW Energy Ltd, marking a significant step in Statkraft's divestment of its India portfolio and reinforcing JSW Energy's position in the Indian hydropower sector [1][4]. Company Overview - Statkraft is Europe's largest producer of renewable energy and has a diversified portfolio in hydropower, wind, solar, and gas-fired power, with operations in over 20 countries and approximately 7,000 employees [7]. - JSW Energy Ltd is a leading private sector power producer in India, part of the USD 23 billion JSW Group, and aims to achieve a total power generation capacity of 30 GW by 2030 [6]. Transaction Details - The Tidong hydropower project is a 150 MW run-of-river plant currently under construction, expected to be operational by 2026 [1]. - The acquisition of Tidong marks JSW Energy's fourth hydro asset and strengthens its position as the largest private hydropower player in India [3]. Strategic Implications - Statkraft's divestment aligns with its strategy to focus investments on select markets in Europe and South America, enhancing competitiveness [4]. - JSW Energy plans to leverage the skilled manpower from the Tidong project for future pumped-hydro storage projects, indicating a strategic approach to resource utilization [3].
Skycorp Solar Group Ignites Growth Drive with Digital Asset Reserve Account Activation and Renewable Energy Expansion
Globenewswire· 2025-08-13 12:00
Core Viewpoint - Skycorp Solar Group Limited is implementing a dual-track growth strategy called the "Pegasus Strategy," focusing on both renewable energy expansion and digital asset investments to drive long-term growth [1][6]. Digital Asset Treasury Strategy & Account Activation - The newly activated Strategic Digital Asset Reserve Account allows Skycorp to systematically acquire Bitcoin (BTC), Ethereum (ETH), and stablecoins as long-term strategic assets [2]. - On August 12, 2025, the Company executed its first transaction by acquiring 32.76 ETH through an automated crypto trading bot, with plans for further ETH purchases to diversify its treasury [3]. Renewable Energy Expansion - Skycorp has signed a definitive agreement to acquire solar power stations with a total capacity of 8,705KW for approximately RMB30.5 million ($4.25 million), expected to close by the end of November 2025 [4]. - This acquisition will enhance the Company's renewable energy operations and contribute to global decarbonization efforts [4]. Investment Committee Governance - The Investment Committee, chaired by Mr. Weiqi Huang, will oversee both renewable energy acquisitions and digital asset investments, providing quarterly updates for transparency [5]. The Pegasus Strategy – Strong Body, Twin Wings - The "Pegasus Strategy" symbolizes the Company's manufacturing strength in solar cables and connectors (the body) and its growth engines in renewable energy and digital assets (the wings) [6][8]. - The left wing focuses on renewable power station investments, while the right wing emphasizes participation in the blockchain economy through compliant investments in digital assets [8]. Company Overview - Skycorp Solar Group Limited specializes in manufacturing and selling solar photovoltaic (PV) products, particularly solar cables and connectors [9]. - The Company's mission is to become a green energy solutions provider by leveraging its expertise in solar technologies and expanding its offerings for enterprise customers [10].
ARGAN and REXEL join forces: CO2 emissions in Cestas will decline by a factor of 14
Globenewswire· 2025-07-08 15:45
Core Viewpoint - ARGAN and REXEL have inaugurated a new sustainable heating system at the Cestas logistics center, which will significantly reduce CO2 emissions and improve energy efficiency [2][4][8]. Group 1: Project Overview - The Cestas logistics center, owned by ARGAN, spans 18,000 sq.m and serves B2B clients in the Aquitaine region, storing 25,000 SKUs with D+1 lead times [3]. - The new heating system combines electric heat pumps and green gas, replacing the former gas heating system, and includes a Building Management System for optimized resource use [5][6]. Group 2: Environmental Impact - The new system is expected to reduce the site's energy consumption by a factor of 7 and CO2 emissions by a factor of 14 [8]. - REXEL has reduced its carbon emissions by 30% over three years, aligning with its strategy to decarbonize buildings [9]. Group 3: Strategic Importance - The project exemplifies effective collaboration between ARGAN and REXEL, showcasing innovation and expertise in deploying sustainable solutions [9]. - The installation is designed to be compatible with future hydrogen hybridization, indicating a forward-looking approach to energy solutions [7]. Group 4: Company Profiles - ARGAN specializes in the development and rental of premium warehouses, with a portfolio of 3.7 million sq.m valued at €3.9 billion, generating nearly €205 million in annual rental income [10]. - REXEL is committed to sustainability and has made significant progress in reducing its carbon footprint, reflecting its dedication to environmental responsibility [9][11].