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Aqua Metals and Impossible Metals Sign MOU to Advance Sustainable U.S. Critical Minerals Supply Chain
Globenewswire· 2025-09-16 12:00
Core Insights - Aqua Metals has entered into a Memorandum of Understanding (MOU) with Impossible Metals to create a domestic supply chain for critical minerals essential for electrification and clean energy technologies [1][2] - The partnership aims to combine Impossible Metals' seabed mining technology with Aqua Metals' recycling capabilities to produce and refine minerals like nickel, cobalt, copper, manganese, and rare earth elements [2][3] - This collaboration is positioned as a step towards enhancing America's critical mineral independence and establishing a sustainable infrastructure for mineral supply [3] Company Overview - Aqua Metals is focused on clean metals recycling and has developed the AquaRefining™ technology, which is a non-polluting process for lithium-ion battery recycling [5] - Impossible Metals specializes in underwater robotics for sustainable mineral collection, with its Eureka Collection System designed to harvest polymetallic nodules while protecting marine ecosystems [4][5] - Both companies share a commitment to innovation and environmental responsibility, aiming to secure a stable supply chain for critical minerals in the U.S. [3][4] Strategic Goals - The partnership will explore the integration of seabed mining and recycling to create a low-carbon, closed-loop process that minimizes waste and environmental impact [5] - The collaboration is expected to contribute to a more resilient and transparent critical minerals market, reducing dependence on overseas sources, particularly from China [5][6] - Future opportunities may arise to expand the scope of this collaboration, enhancing the stability of the global minerals market [5]
Critical One Energy Appoints New Chief Financial Officer
Globenewswire· 2025-09-15 17:20
TORONTO, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0), a leading Canadian exploration company focused on critical metals and minerals, is pleased to announce the appointment of Robert Suttie as Chief Financial Officer (CFO), effective September 15, 2025. Mr. Suttie brings more than 25 years of experience to Critical One, ten of which were in public accounting prior to his 19-year tenure wit ...
Ecora Resources (OTCPK:ECRA.F) 2025 Conference Transcript
2025-09-11 16:32
Summary of Ecora Resources Conference Call Company Overview - **Company**: Ecora Resources (OTCPK:ECRA.F, LSE:ECOR) - **Market Capitalization**: Approximately $260 million with an enterprise value of $375 million [4] - **Focus**: High-growth, critical minerals-focused royalty company, differentiating from traditional precious metals royalty companies [3] Core Industry Insights - **Critical Minerals**: The company is focused on critical minerals essential for electrification, power storage, urbanization, and digital infrastructure [3] - **Revenue Growth**: Expected growth from critical minerals is projected to increase from $54 million to $100 million by the end of the decade, with a significant contribution from specialty metals, uranium, copper, and cobalt [4][5] - **Transition from Coal**: The company is transitioning away from met coal royalties, which will diminish significantly by 2025, marking a pivotal shift in revenue sources [7] Financial Projections - **Income Growth**: Anticipated income from critical minerals is expected to grow from $30 million in 2025 to $45 million by 2030 [6] - **Valuation Potential**: The company believes it could be valued at over $1 billion based on current assets and growth potential [4] - **Debt Management**: Recent sale of a non-core gold royalty (DUGB) for up to $20 million helped reduce net debt by approximately 13% [10] Portfolio Highlights - **Diverse Assets**: The portfolio includes nine producing royalties, with a focus on copper (50% of NAV), cobalt, and uranium [14][18] - **Key Projects**: - **Voisey's Bay**: A nickel mine with cobalt stream rights, showing strong growth in production [27][28] - **Mantos Blancos**: A copper project with record returns due to operational improvements and high copper prices [19] - **Santo Domingo**: A significant development project expected to reach a financing decision soon [22] - **Palabora**: A rare earth project utilizing existing mining stacks, with production expected by 2027 [24] Market Dynamics - **Government Support**: Increased U.S. government focus on critical minerals is expected to benefit the company, particularly in cobalt and rare earths [41] - **Cost Positioning**: Over 80% of the company's assets are in the lower half of the industry cost curve, providing resilience against commodity price fluctuations [15][43] Strategic Focus - **Growth Strategy**: The company is prioritizing growth and deleveraging, with a focus on acquiring producing or near-production assets [40] - **Market Position**: The company operates in a less competitive space compared to precious metals, allowing for unique opportunities in critical minerals [31] Conclusion - **Investment Opportunity**: Ecora Resources presents a compelling investment opportunity due to its focus on critical minerals, strong growth projections, and strategic positioning within the market [33][34]
Sunshine Silver closes $75m financing to develop US critical minerals hub
Yahoo Finance· 2025-09-10 11:27
Financing and Project Development - Sunshine Silver Mining & Refining has closed a $75 million equity financing round, enabling the company to pursue large-scale production without incurring debt [1] - The proceeds from this financing will accelerate the project's next phase of development, with production targeted for 2028 [4] Project Overview - The Sunshine project is set to be the only fully integrated, permitted, and infrastructure-ready operation in the US for producing and processing silver, antimony, copper, gallium, and germanium [2] - The project is expected to boost annual silver output in the US by more than 20% in its first five years [2] Strategic Positioning - Sunshine Silver is uniquely positioned to become a major US hub for critical minerals mining and processing, with over $600 million in existing infrastructure and approximately $250 million invested in exploration and development since Electrum's acquisition [3] - The project aligns with US Government initiatives to enhance domestic mineral production and supply chain security, as outlined in the Executive Order of 20 March 2025 [3] Refinery Capabilities - The refinery component of the Sunshine project is authorized to process multiple critical minerals and will also be capable of processing third-party concentrates [4] - Projections indicate that by 2028, the refinery could meet around 40% of the US' annual antimony demand, potentially increasing to 80% by 2031 [5] Collaboration and Supply Chain - Sunshine Silver has signed a memorandum of understanding with Perpetua Resources to evaluate processing antimony from Perpetua's Stibnite project at the Sunshine Mine Complex, aimed at bolstering the US antimony supply chain amidst trade tensions with China [6]
Critical One Acquires KCR Project – Historic Drill Hole Intersected Visible Gold Assaying 64.1 g/t Gold Within 20.4 Metre Interval Grading 3.54 g/t Gold
Globenewswire· 2025-09-04 21:42
Core Viewpoint - Critical One Energy Inc. has acquired the KCR Gold Project, which includes the Slam Gold Zone discovery, enhancing its land holdings in the Howells Lake Antimony-Gold Project area in Ontario, Canada [1][4]. Acquisition Details - The company acquired 100% interest in the KCR Property, which consists of a 20-claim unit covering approximately 320 hectares, for a total of CDN$6,000 and 50,000 common shares, subject to a 2% Net Smelter Royalty [15]. - The acquisition allows Critical One to control over 25,000 hectares of land, covering all known gold and antimony occurrences in the Howells Lake area [4]. Discovery Highlights - Visible gold mineralization was discovered in a historic drill hole, with assays showing up to 64.1 g/t over one meter [2]. - The Slam Gold Zone averaged 3.54 g/t Au over 20.4 meters, located 100 meters below a gold geochemical target with over 1 km of anomalous results [2]. - The Slam Gold Zone remains untested in all directions, indicating significant exploration potential [2][7]. Historical Context - Gold was first identified on the KCR Property in the 1930s, with notable historic trenching results including 16.42 g/t Au over 3.35 meters in 1974 and 12.82 g/t Au over 4.11 meters in 1980 [2][5]. - The KCR Property has a historical resource estimate of 1.7 million tons at a grade of 1.4% antimony, although this estimate is not compliant with NI 43-101 standards [10]. Strategic Positioning - The acquisition enhances Critical One's strategic position, covering over 30 km of geological trend with strong alteration and underexplored antimony-gold targets [4][7]. - The company is advancing its exploration program, supported by a recent private placement of CDN$3.3 million, to fund near-term exploration activities [11]. Future Plans - Critical One is awaiting results from a recent airborne geophysical survey to assist in target selection and further exploration [9]. - The company plans to conduct follow-up drilling to delineate and expand the antimony-gold resource, including a maiden drill program on the V-3 historical antimony deposit [11].
Atlas Critical Minerals' Iron Quadrangle Project Expects Initial Revenues by Q4 2025
Newsfile· 2025-09-02 11:30
Core Insights - Atlas Critical Minerals Corporation expects to generate initial revenues from its Iron Quadrangle Project in the fourth quarter of 2025, facilitated by a strategic partnership with a Brazilian iron ore processor [1][5]. Company Overview - Atlas Critical Minerals controls a significant portfolio of critical mineral rights in Brazil, covering over 218,000 hectares, which includes projects in rare earths, titanium, and graphite [5]. - The Iron Quadrangle Project is located in the Minas Gerais region, a key iron ore district in Brazil, and encompasses approximately 55,057 acres across 18 mineral rights [4][5]. Project Development - The company has undertaken detailed geological exploration, including a drilling campaign covering about 10% of the mineral rights, leading to an initial technical report summary published in 2022 [4]. - In May 2024, Atlas received a 10-year operational license, followed by mining concession status from the Ministry of Mines and Energy in May 2025 [4]. Revenue Generation Strategy - The mining will be conducted via open-pit methods, with an independent Brazilian company processing the extracted iron ore into high-quality sinter feed, allowing Atlas to receive revenues from both run-of-mine material and a percentage of the final product [1][3]. - The company anticipates that this model will lead to immediate profitability and enable reinvestment into the development of its critical minerals portfolio [3].
Troilus and Aurubis Sign Memorandum of Agreement for Long-Term Copper-Gold Concentrate Offtake at Berlin Critical Minerals Mission
Globenewswire· 2025-08-26 18:58
Core Viewpoint - Troilus Gold Corp. has signed a Memorandum of Agreement with Aurubis AG for the long-term offtake of copper-gold concentrate from the Troilus Project in Québec, Canada, marking a significant step in project financing and development [1][3][4] Group 1: Agreement Details - The MoA formalizes the offtake terms previously indicated on June 18, 2025, and establishes a framework for long-term concentrate supply [1][3] - The agreement was signed during Canada's Critical Minerals Mission to Germany, highlighting the international significance of the project [2][4] - The MoA covers a substantial portion of Troilus' concentrate to be delivered to Aurubis, aligning with a broader debt financing package of up to US$700 million announced on March 13, 2025 [3][4] Group 2: Strategic Importance - The partnership is seen as a step forward in enhancing Canada-Europe cooperation on critical minerals, reinforcing Canada's position as a reliable supplier of responsibly sourced copper and gold [4][6] - The agreement underscores the importance of Canadian critical mineral projects in strengthening global supply chains and positions Troilus as a future North American supplier to European markets [6] Group 3: Support and Advisory - Ocean Partners USA Inc. is acting as Troilus' independent third-party advisor, providing market insight and guidance for the concentrate offtake strategy [7] - Auramet International Inc. is assisting with structuring the debt package and engaging with potential lenders and strategic partners [8]
Power Metallic Appoints Retired Federal Minister Seamus O'Regan to Board
Prnewswire· 2025-08-26 11:00
Core Viewpoint - Power Metallic Mines Inc. has appointed Seamus O'Regan to its board, leveraging his extensive experience in government affairs and energy resources to advance the Nisk Project, which aims to be the world's first carbon-neutral polymetallic mine [7][8]. Company Overview - Power Metallic is a Canadian exploration company focused on the Nisk Project Area, which includes high-grade Copper, Platinum Group Elements (PGE), Nickel, Gold, and Silver [10]. - The company currently controls approximately 212.86 square kilometers of land, following the acquisition of 313 adjoining claims in July 2025 [11]. Leadership and Expertise - Seamus O'Regan has a distinguished background in politics and journalism, having served as Canada's Minister of Energy & Natural Resources and in various other ministerial roles [3][4]. - His expertise includes overseeing Canada's first Critical Minerals Plan and other significant energy initiatives, which will be beneficial for Power Metallic as it develops its projects [3][7]. Project Development - Power Metallic is engaged in a 100,000-meter drill program at the Nisk Project, with four rigs currently operational and a fifth expected to be added soon [9]. - Initial results from the summer drilling campaign are anticipated shortly, with updates expected every 2-4 weeks through the end of the year [9]. Strategic Importance - The Nisk Project is positioned as increasingly critical for economic output and plays a vital role in the defense, industrial, and AI infrastructure sectors [7]. - Canada is highlighted as uniquely positioned to lead in mineral development due to its mineral wealth and geopolitical advantages [8].
X @Bloomberg
Bloomberg· 2025-08-26 07:54
Germany and Canada vowed to expand cooperation on securing supply chains for the critical minerals that are key to energy and defense technologies https://t.co/O2W2pk3JvK ...
X @Bloomberg
Bloomberg· 2025-08-25 16:22
Copper and potash have been included in the US Geological Survey’s draft list of critical minerals — a further step in clearing the way for broader policy support https://t.co/QgxC3Cpd9p ...