In first-quarter fiscal 2025, supply-chain productivity has helped offset the gross margin decline. While macroeconomic uncertainties persist, Home Depot is making steady progress on its "One Home Depot" investment plan, aimed at supply-chain expansion, technology integration and digital enhancement. Such moves offer the company a competitive edge and position it for long-term success. HD's Competition in Supply Chain Evolution Key Takeaways Supply-chain management plays a pivotal role in supporting The Hom ...

Core Insights - Chevron Corporation is entering the lithium business by acquiring 125,000 acres in Texas and Arkansas, marking its first step into commercial lithium production, which is essential for electric vehicle batteries [1][8] - The company plans to utilize Direct Lithium Extraction (DLE) technology, which is faster and more environmentally friendly compared to traditional mining methods [2][8] - This strategic move reflects Chevron's broader goal to diversify beyond oil and gas, leveraging its expertise in drilling and reservoir management to meet the increasing demand for domestically produced battery materials [3][4] Company Strategy - Chevron's commitment to building a scalable business in energy transition materials highlights its dedication to the electrification age and U.S. energy independence [4] - The acquisition aligns with the U.S. goal of securing critical mineral supply chains amid global uncertainties [3] Competitive Landscape - ExxonMobil has already secured 120,000 acres in the Smackover Formation and aims to produce enough lithium for over one million EVs annually by 2030, with plans for a commercial facility in Arkansas by 2027 [5] - Occidental Petroleum is also pursuing lithium extraction through its TerraLithium subsidiary, focusing on low-carbon production methods [6] Financial Performance - Chevron's shares have increased by more than 5% in the past month [7] - The company's forward 12-month P/E multiple is approximately 18.5X, which is below the S&P 500 average [9] - Chevron has beaten the Zacks Consensus Estimate for earnings in two of the last four quarters [10]

Canadian G7 Critical Minerals Action Plan Represents Major Boost for Manganese X Energy's Battery Hill ProjectJune 25, 2025 12:15 AM EDT | Source: Manganese X Energy Corp.Montreal, Quebec--(Newsfile Corp. - June 25, 2025) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) (the "Company" or "Manganese X") is pleased to announce encouraging news for its flagship Woodstock, New Brunswick, Battery Hill Manganese Project ("Battery Hill") following the recent release of ...

TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced voting results of its 2025 annual general and special meeting of shareholders held today, June 24, 2025, in Toronto. A total of 5,222,899 common shares in the capital of the Company (“Common Shares”), or 29% of Electra’s issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of all items of ...

Key Takeaways POSCO Future M opened a 45,000-ton precursor plant in Gwangyang to support cathode material production. The plant enhances quality control and supply chain self-sufficiency for POSCO Future M. POSCO secures key materials like nickel and lithium from group subsidiaries outside of China.POSCO Holdings Inc.’s (PKX) POSCO Future M unit successfully completed its precursor plant with an annual capacity of 45,000 tons in Gwangyang, Jeollanam-do Province. To mark its completion, a ceremony was held ...

AUSTIN, Texas, June 24, 2025 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced that the company received a 2025 Manufacturing Leadership Award for its outstanding achievement in the Digital Supply Chains category. The awards, sponsored by the National Association of Manufacturers, honor manufacturing companies and individual leaders who are shaping the future of global manufacturing. Flex receives a 2025 Manufacturing Leadership Award in the Digital Supply Chains category Flex Pulse® Network Design1, ...

Strong DTR Metallurgical Results: Drill hole AN-24-04 returned 366 meters of 1.46% nickel and 1.56% chromium in magnetic concentrate, with peak grades up to 2.42% nickel and 4.59% chromium. The results were achieved with an average mass pull of 9.53%, effectively reducing total mass by 90.43% through magnetic separation. Consistent Recovery Across RPM Holes: The first three drill holes in the RPM Zone demonstrate remarkably consistent DTR grades of magnetically recoverable nickel (refer to Table 4), further ...

Core Viewpoint - PMGC Holdings Inc. has entered into a non-binding Letter of Intent to acquire a U.S.-based CNC machining company specializing in high-complexity components for the aerospace and defense sectors [1] About the Target Company - The target company, founded in 1948, is AS9100 and ISO 9001 certified, specializing in precision aerospace components [2] - It operates a modern facility equipped with 5-axis CNC machines and advanced CAD/CAM and ERP systems, offering a full range of secondary services including grinding, EDM, and honing [2] - The company serves commercial and defense aerospace customers, delivering high-quality parts with ultra-tight tolerances and cleanroom-capable production [2] Financial Overview - The target company reported a revenue of approximately $4.5 million and an adjusted EBITDA of $500,000 for 2024, indicating consistent profitability [3] - Its growth has been entirely organic, relying on customer referrals, repeat business, and trusted vendor relationships [3] Strategic Fit - This acquisition aligns with PMGC's strategy to acquire specialized U.S. manufacturers in sectors where quality and technical expertise are crucial [4] - The aerospace sector is experiencing increased demand for certified domestic suppliers due to federal incentives and geopolitical factors promoting onshoring and supply chain resiliency [4] Management Perspective - PMGC's CEO highlighted the target company's integration into high-trust aerospace supply chains and its consistent earnings as key factors making it a natural fit for PMGC's platform [5] - The closing of the acquisition is subject to customary conditions, including due diligence and corporate approvals [5]

Core Insights - PTC has launched the Arena Supply Chain Intelligence (SCI) offering, which integrates real-time, AI-driven component monitoring and risk mitigation into product development workflows [1][4][9] - Arena SCI continuously monitors electronic components to identify emerging risks from supply chain changes, providing visibility and suggesting alternative components to prevent sourcing interruptions [3][4][9] Company Overview - PTC is a global software company headquartered in Boston, employing over 7,000 people and supporting more than 30,000 customers worldwide [8] - Arena's cloud-native PLM and QMS solutions are utilized by nearly 1,500 global manufacturers, including notable companies like Nutanix, Insulet, and Enphase Energy [6] Product Features - Arena SCI enhances collaboration between design teams and suppliers, enabling proactive sourcing decisions to mitigate supply chain disruptions [4][9] - The offering leverages data from Accuris to provide detailed electronic risk information and suggest alternative parts, aiming to reduce time-to-market and costs associated with disruptions [4][9] Market Position - Since its acquisition by PTC, Arena has expanded into new international markets, released over 16 products, and formed numerous partnerships to enhance product development and quality management [6]

Core Insights - Trinity Biotech has received WHO approval for offshored and outsourced upstream manufacturing of its TrinScreen™ HIV rapid test, a significant step in its transformation plan aimed at improving financial performance and achieving sustainable profitability [1][6]. Group 1: Manufacturing Transition - The approval allows Trinity Biotech to shift production from in-house operations to a more cost-effective and scalable outsourced model, ensuring product integrity and regulatory compliance [2]. - The transition is expected to unlock significant cost efficiencies, enhance operational agility and scalability, and improve gross margins and working capital [3][6]. Group 2: Strategic Objectives - This move is part of a broader strategic initiative to streamline operations, reduce fixed costs, and focus on innovation and market expansion [3]. - The new manufacturing model for TrinScreen™ HIV is set to be implemented in Q3 2025, marking a critical phase in the company's transformation journey [4]. Group 3: Company Overview - Trinity Biotech is a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, including wearable biosensors [8]. - The company develops and markets diagnostic systems for point-of-care and clinical laboratory segments, with a presence in over 75 countries worldwide [8].