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TeraWulf Acquires Beowulf Electricity & Data, Streamlining Corporate Structure
Globenewswire· 2025-05-27 20:05
EASTON, Md., May 27, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy, announced today the acquisition of 100% of the membership interests of Beowulf Electricity & Data LLC and its affiliates (collectively, “Beowulf E&D”). The strategic transaction simplifies TeraWulf’s corporate structure and eliminates a related-party relationship consolidating r ...
Westwater Resources(WWR) - 2025 Q1 - Earnings Call Transcript
2025-05-27 18:00
Westwater Resources (WWR) Q1 2025 Earnings Call May 27, 2025 01:00 PM ET Speaker0 Thank you for standing by. This is the conference operator. Welcome to the Westwater Resources Inc. First Quarter twenty twenty five Business Update Conference Call. As a reminder, all participants are in a listen only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. I would now like to turn the conference over to Frank Pauper, President and CEO. Please go ahead, ...
Westwater Resources (WWR) Update / Briefing Transcript
2025-05-27 18:00
Summary of Westwater Resources (WWR) Conference Call - May 27, 2025 Company Overview - **Company**: Westwater Resources Inc. (WWR) - **Industry**: Graphite production, specifically for battery anode materials Key Points and Arguments Project Updates - The qualification line at the Kelantan graphite processing plant has been successfully commissioned, producing over 800 kilograms of CHPG sample [3][4] - The qualification line can process approximately one metric ton of CFGB battery material daily, with the mainline expected to produce 12,500 metric tons per day upon Phase one completion [4] - The total cost for Phase one is estimated at CHF $245 million, with 85% of the necessary equipment already secured [4][21] - Commercial production at the Callenton facility is anticipated to begin in 2026 [4] Market Position and Demand - 100% of Phase one production capacity is already committed through existing offtake agreements, with strong demand for Phase two output of 37,500 metric tons per year [7] - Customer interest in domestically produced battery anode materials remains strong, aligning with U.S. policy goals to onshore sourcing and manufacturing of critical minerals [5][6] Financing and Supply Chain - The company is working on securing a secured debt facility to cover the remaining costs of Phase one, with a strategic priority on financing reflecting market demand [10] - Recent protests at the current feedstock supplier have temporarily slowed processes, but operations are expected to resume in June [11][12] - Westwater is diversifying its supply chain by evaluating non-Chinese feedstock sources and is close to securing a backup supply agreement [12][27] Challenges and Risks - The unexpected withdrawal of an offshore institutional investor from the financing syndication has caused delays, but the company is now working with multiple lenders [10][11] - The evolving tariff landscape may impact Phase one costs, although the company believes it is somewhat shielded from inflation due to the majority of equipment already purchased [21][22] Future Opportunities - The company received a letter of interest from the Export-Import Bank, which could provide additional funding for advancing its business beyond Phase one [36][38] - The potential for additional funding from the Export-Import Bank is being explored, although it is not currently needed to complete Phase one financing [36][41] Additional Important Information - The qualification line's operation is critical for gaining experience ahead of full operations, which is seen as a game changer for the company [18][19] - The company remains committed to transparency and operational discipline while navigating opportunities and challenges in the market [13][43]
敏华控股-2025 财年盈利回顾:营收低于预期,营业利润超预期,但因公允价值减值损失净利润未达预期,评级中性
2025-05-22 15:48
16 May 2025 | 8:37AM CST Man Wah Holdings (1999.HK) FY25 Earnings Review: Below-expected rev, OP beat but NP miss on fair value/impairment losses; Neutral Man Wah reported below-expected FY25 results. Total revenue/net profit in FY25 was HK$16,903mn/HK$2,063mn, down by 8%/10% yoy, which was -4%/-8% vs. GSe. This implies -9%/-21% revenue/profits yoy growth in 2H FY25, further weakened from -7%/0% yoy in 1H FY25. Revenue fell below expectations across all regions and major products, while profit miss was main ...
Rivian Stock Below $20: Charging Up or in the Breakdown Lane?
MarketBeat· 2025-05-21 12:16
Rivian Automotive, Inc. NASDAQ: RIVN is a key player in the electric vehicle (EV) market, and the company’s stock is currently trading just below $20, marking a potential inflection point for investor consideration. Investors often analyze key moments (such as dropping below a multiple of 10) to differentiate volatility from fundamental changes in a company's growth strategy. Rivian Automotive TodayRIVNRivian Automotive$16.92 +0.63 (+3.87%) 52-Week Range$9.50▼$18.86Price Target$14.24Add to WatchlistRivian' ...
Edible Garden AG rporated(EDBL) - 2025 Q1 - Earnings Call Transcript
2025-05-15 13:02
Edible Garden AG (EDBL) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Company Participants Theodore Ayvas - Vice PresidentJim Kras - Chairman & CEOKostas Dafoulas - Interim Chief Financial OfficerAnthony Vendetti - Executive Managing Director Conference Call Participants None - Analyst Operator Good morning, everyone, and welcome to the Edible Garden AG Incorporated twenty twenty five First Quarter Business Update Conference. At this time, all participants are in a listen only mode and the floor will be op ...
FREYR(FREY) - 2025 Q1 - Earnings Call Transcript
2025-05-15 13:00
T1 Energy (FREY) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the T1 Energy's First Quarter twenty twenty five Earnings Conference Call. At this time, participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to turn the conference over to your host today, Jeff Spittel, Executive Vice President of Investor R ...
Edible Garden AG rporated(EDBL) - 2025 Q1 - Earnings Call Transcript
2025-05-15 13:00
Edible Garden AG (EDBL) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Speaker0 Good morning, everyone, and welcome to the Edible Garden AG Incorporated twenty twenty five First Quarter Business Update Conference. At this time, all participants are in a listen only mode and the floor will be open for questions following the presentation. Please note this conference is being recorded. I will now turn the conference over to your host, Ted Avas, Investor Relations at Crescendo Communications. Ted, the floor is ...
Glass House Brands and LEEF Announce MSA for The Leaf El Paseo Dispensary and Off-take Agreement
Globenewswire· 2025-05-14 11:50
VANCOUVER, British Columbia, May 14, 2025 (GLOBE NEWSWIRE) -- LEEF Brands Inc. (CSE: LEEF) (OTCQB: LEEEF) (“LEEF” or the “Company”), one of California’s premier vertical extraction companies, today announced a Management Services Agreement (“MSA”) with Glass House Brands, Inc. (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), a leading vertically integrated cannabis operator in the United States. Under the MSA, Glass House will manage operations of LEEF’s Palm Desert, California, dispe ...
Glass House Brands and LEEF Announce MSA for The Leaf El Paseo Dispensary and Off-Take Agreement
Globenewswire· 2025-05-14 11:45
LONG BEACH, Calif. and TORONTO, May 14, 2025 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF) – one of the fastest-growing, vertically integrated cannabis companies in the United States, and LEEF Brands, Inc. (CSE: LEEF) (OTCQB: LEEEF), one of California’s premier vertical extraction companies, today announced a Management Services Agreement (“MSA”). Under the MSA, Glass House will manage operation of LEEF’s Pa ...