Executive Appointments - Critical Metals Corp has appointed Sergey Savchenko as Chief Financial Officer, George Karageorge as Chief Technical Officer, Thomas McNamara as Director of Corporate Development & Investor Relations, and John Thomas as General Counsel, effective immediately [1][2][10] - Sergey Savchenko brings over 24 years of experience in accounting and finance, having been involved in the company's Nasdaq listing [2][3] - George Karageorge has over 30 years of experience in mining and engineering, responsible for technical reporting and project development [4][6] - Thomas McNamara has more than two decades of experience in metals and mining portfolio management, overseeing corporate development strategies and investor relations [8][9] - John Thomas has over 30 years of legal experience, previously serving as VP and General Counsel for Medtronic's operations in Greater China [10][11] Strategic Initiatives - The company has signed a binding agreement with European Lithium and Rimbal to lock up the majority shareholders' current holdings for 180 days, demonstrating shareholder confidence [15][16] - Critical Metals Corp issued 5,000,000 ordinary shares to Rimbal as part of the acquisition of the Tanbreez project, with plans to invest $10 million in exploration to acquire an additional 50.5% equity interest [12][14] - The company is focused on advancing its flagship Tanbreez project in Greenland and the Wolfsberg Lithium Project in Austria, both of which are strategically positioned to meet the growing demand for critical minerals [18][19] Market Positioning - Critical Metals Corp is positioned to capitalize on the strong demand for critical minerals in the West, supported by geopolitical factors [3] - The Tanbreez project is one of the world's largest rare earth deposits, expected to have year-round shipping access via deep water fjords [18] - The Wolfsberg Lithium Project is the first fully permitted mine in Europe, strategically located to support the European market for lithium products [19][20]

1st Quarter 2025 Earnings Release Presentation May 1, 2025 Investor Relations Available Information On May 1, 2025, Consolidated Edison, Inc. issued a press release reporting its first quarter 2025 earnings and filed with the Securities and Exchange Commission the company's first quarter 2025 Form 10-Q. This presentation should be read together with, and is qualified in its entirety by reference to, the earnings press release and the Form 10-Q. Copies of the earnings press release and the Form 10-Q are avai ...

Financial Performance - Consolidated Edison reported a first quarter net income of $791 million or $2.26 per share for 2025, an increase from $720 million or $2.08 per share in the same period of 2024 [1] - Adjusted earnings for the first quarter of 2025 were $792 million or $2.26 per share, compared to $742 million or $2.15 per share in 2024 [1][6] - The company reaffirmed its forecast for adjusted earnings per share for 2025 to be in the range of $5.50 to $5.70 [2] Strategic Focus - The company is focusing on robust investments in infrastructure to enhance grid security and support the clean energy transition, with projected capital investments of nearly $72 billion over the next 10 years [2] - The CEO emphasized the importance of maintaining reliability and meeting the growing demand for energy as customers increasingly rely on electricity for heating and transportation [2] Capital Management - During the first quarter, the company issued over $1.3 billion in new common equity, which satisfies its anticipated equity needs for 2025 [2] - The adjusted earnings exclude certain impacts related to the sale of its former subsidiary, Con Edison Clean Energy Businesses, and other accounting adjustments [1][6] Company Overview - Consolidated Edison is one of the largest investor-owned energy delivery companies in the U.S., with approximately $15 billion in annual revenues for the year ended December 31, 2024, and $71 billion in assets as of March 31, 2025 [7] - The company operates through several subsidiaries, including Consolidated Edison Company of New York, Inc., which provides electric, gas, and steam services in New York City and surrounding areas [7]

HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- As centralized power grids across Europe show signs of strain, HyOrc Corporation (OTC: ASPZ) is raising the alarm—and offering a practical solution. The company’s modular hydrogen engine systems provide critical infrastructure with a path away from growing reliance on vulnerable, centralized grids. With blackouts recently hitting Spain, Portugal, and France, the signals of widespread fragility are now clear. “Consumers are being lulled into a false sense of security ...

Worksport Ltd. Announces Participation in the D. Boral Capital Inaugural Global ConferenceMay 01, 2025 9:16 AM EDT | Source: D.Boral CapitalWest Seneca, New York--(Newsfile Corp. - May 1, 2025) -  Worksport Ltd. (NASDAQ: WKSP), today announced its participation in the D. Boral Capital Inaugural Global Conference, taking place May 14, 2025, at The Plaza Hotel in New York City.Steven Rossi, Chief Executive Officer, will be available for one-on-one investor meetings on May 14th from 9:00 A.M. to ...

Veteran mining executive and financier joins ESGold’s board as it accelerates towards gold productionVANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- via IBN -- ESGold Corp. (“ESGold” or the “Company”) (CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is pleased to announce the appointment of seasoned mining executive and former global investment banker Peter Espig to its Board of Directors, effective immediately. With deep roots in both global capital markets and operational mining leadership, Mr. Espig b ...

Core Insights - Foremost Clean Energy Ltd. announced the discovery of uranium mineralization in drill hole TF-25-16, which intersected 0.10% eU3O8 over 6.5 metres within a 15-metre wide interval of alteration at the Hatchet Lake Uranium Project [1][4] - The ongoing drilling campaign is part of a $6.5 million exploration budget for 2025, focusing on high-priority target areas across the uranium project portfolio [4] Company Developments - The discovery at Hatchet is attributed to a strategic collaboration with Denison Mines Corp., which provided valuable historical exploration data [2] - Foremost is prioritizing follow-up on the new mineralization while testing additional targets defined by Denison's groundwork [2] - The company appointed Shayla Forster as Corporate Secretary, effective May 1, 2025, to enhance corporate governance and compliance as it advances its uranium projects [12] Technical Details - Drill hole TF-25-16 was completed to a depth of 251 metres and is located approximately 1 km SSW of a historic drill hole that showed weakly elevated uranium mineralization [5] - The mineralization in TF-25-16 is associated with strong clay-hematite-chlorite alteration and remains open along strike, across strike, and at depth, indicating potential for expansion [7][13] - The initial results from the drill program include multiple mineralized intervals, with highlights such as 0.22% eU3O8 over 0.9 metres [4][6] Exploration Context - Foremost holds an option to earn up to a 70% interest in 10 prospective uranium properties in the Athabasca Basin, which is known for its rich uranium deposits [16] - The company's uranium projects are at various stages of exploration, from grassroots to drill-ready targets, aligning with the growing demand for carbon-free energy [16]

Air Products and Chemicals (APD) Q2 2025 Earnings Call May 01, 2025 08:00 AM ET Speaker0 EBITDA, the effective tax rate and ROCE either on a total company or segment basis. Unless we specifically state otherwise, statements regarding these measures refer to our adjusted non GAAP financial measures. Reconciliations of these measures to our most directly comparable GAAP financial measures can be found on our investor website in the relevant earnings release section. Now I'll turn the call over to Eduardo. Spe ...

Financial Data and Key Metrics Changes - The second quarter adjusted earnings per share (EPS) was $2.69, below previous guidance of $2.75 to $2.85, primarily due to changes in cost estimates and lower helium contributions [20][24] - Sales volume decreased by 3%, with 2% attributed to the LNG business divestment, while total company price increased by 1% [20][21] - Adjusted operating income decreased by 9%, mainly due to LNG divestiture and unfavorable helium impact, with operating margin down by 210 basis points [21][22] Business Line Data and Key Metrics Changes - The core industrial gas business generated approximately $12 billion in sales with an operating margin of 24% [6] - The LNG business divestiture accounted for a $0.12 headwind on EPS, while helium volume was down, offset by favorable on-site volumes [22][23] - The company anticipates base business growth of 2% to 5% for the fiscal year despite a 5% headwind in helium [24] Market Data and Key Metrics Changes - The company has become the leading supplier of hydrogen and high purity gases for the electronics industry, with significant pipeline networks in the U.S. Gulf Coast [4][5] - The company expects to unlock significant potential with projects in Saudi Arabia and Louisiana, aiming for a 30% adjusted operating margin by 2030 [17][18] Company Strategy and Development Direction - The company plans to refocus on its core industrial gas business and invest approximately $1.5 billion per year in industrial gas projects [10][11] - The strategy includes canceling underperforming projects and prioritizing high-return opportunities with contracted take-or-pay agreements [12][14] - The company aims to maximize profitability through operational excellence and rightsizing the organization [15][17] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding green hydrogen projects in Saudi Arabia and Louisiana, focusing on derisking strategies [11][12] - The company anticipates high single-digit adjusted EPS growth and improved operating margins in the coming years, despite challenges from underperforming projects [17][18] - Management emphasized the importance of transparent communication with investors and a disciplined approach to capital allocation [18] Other Important Information - The company has identified approximately 2,400 positions for reduction, aiming for a run rate of around $100 million in savings from FY 2025 actions [50][51] - The total cost for the net zero hydrogen project in Edmonton is now expected to be $3.3 billion, with a projected on-stream date between late 2027 and early 2028 [14] Q&A Session Summary Question: What is the EBITDA contribution from underperforming projects? - Management expects to recover capital on an undiscounted basis, indicating a challenging situation with significant increases in capital costs [28][29] Question: What is the status of the Alberta project? - The Alberta project has faced delays and cost overruns due to construction challenges and contractor productivity issues [29][31] Question: What is the rationale for pursuing ammonia in Louisiana? - The company is considering focusing solely on hydrogen, aiming to reduce total CapEx while securing firm offtake agreements [40][41] Question: What is the expected contribution from helium? - Helium remains a volatile earnings contributor, with expectations of continued headwinds in pricing through 2026 and 2027 [78][80] Question: What are the cash flow expectations for 2026? - The company anticipates being cash flow positive, including dividends, with a focus on managing capital expenditures effectively [74][86]

VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") a Canadian mineral exploration company focused on developing its 100%-owned Atlantic Nickel Project, a large-scale nickel project strategically located near existing infrastructure in central Newfoundland, Canada, is pleased to be featured in a recent article published by the Telegram, which explores the province’s emerging role in the global hyd ...