Core Insights - Global Battery Metals Ltd. (GBML) has been notified by Minsur S.A. of its intention to relinquish its option to acquire the Company's 55%-owned Lara Copper Project in southern Peru [1] - The Lara Copper Project is part of an Option and Royalty Agreement established in July 2020 with Lara Exploration Ltd. for the sale of the project to Minsur [2] - The project includes mineral rights covering a partially defined copper-molybdenum porphyry deposit, with 9,850 meters of drilling completed, outlining a mineralized footprint of 2,000 meters east to west and between 500 meters and 800 meters north to south [3] - Management of GBML is currently working with partners to determine the next steps for the Lara Copper Project [4] Company Overview - GBML is an international mineral exploration and development company focused on lithium, copper, and other metals that support the transition to battery power [6] - The company holds a 100% interest in the Lithium King Property in Utah and a 55% stake in the Lara Copper Property, which has over 10,000 meters of drilling [6]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [1][2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive is committed to adopting technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

Core Insights - Proactive provides fast, accessible, and informative business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors, including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Industry Trend - The US Defense Department canceled a cobalt tender, highlighting challenges in bolstering domestic supplies of battery metals for Western countries [1]

A battery-metals recycler that saw a 1,000% jump in its stock price in a year plummeted after a key US government grant was canceled https://t.co/QKz4GJkiJ9 ...

Market Overview - Major U.S. indices closed lower, with the Dow Jones Industrial Average down 0.2% to 46,602.98, the S&P 500 down nearly 0.4% to 6,714.59, and the Nasdaq down about 0.7% to 22,788.36 [1] POET Technologies Inc. - POET Technologies shares increased by 23.51%, closing at $7.88, with an intraday high of $8.13 and a low of $6.47, within a 52-week range of $3.10 to $8.13 [2] - The company announced a non-brokered private placement, raising US$75 million through the sale of 13.6 million shares and accompanying warrants, marking the largest investment in its history. The funds will be used for corporate development, R&D expansion, and scaling its AI-related light source business [3] Oracle Corp - Oracle's stock fell by 2.52%, ending at $284.24, with fluctuations between $293.22 and $271, and a 52-week range from $118.86 to $345.72. The decline was attributed to financial challenges related to renting Nvidia chips, resulting in a nearly $100 million loss last quarter, with a gross profit margin from these rentals averaging around 16% over the past year [4] NUBURU Inc. - NUBURU's stock surged by 86.27%, closing at $0.48, with an intraday range of $0.50 to $0.30, and a 52-week high of $1.60 and low of $0.12. In after-hours trading, the stock spiked 24.5% to $0.59, following the announcement of its defense subsidiary's acquisition of Orbit S.r.l., enhancing its capabilities in defense software [5] Galecto Inc. - Galecto's stock skyrocketed by 383.02%, closing at $17.92, with an intraday high of $31.70 and a low of $16.40, within a 52-week range of $2.01 to $31.70. However, shares declined by 25.6% in after-hours trading to $13.33 [6] - The surge in Galecto's shares occurred despite the absence of company news, indicating speculative activity. The company reported having $10.2 million in cash at the end of June 2025 and anticipates needing additional capital for its cancer and liver disease programs [7] TMC The Metals Company - TMC The Metals Company shares rose by 20.21%, closing at $9.28, with an intraday high of $9.55 and a low of $7.96, and a 52-week range from $0.72 to $9.55. The rally was driven by investments in the metals sector by the Trump administration, increasing interest in rare earths and battery metals [8]

Core Insights - Spark Energy Minerals Inc. has made significant progress at its Arapaima Project in Brazil's Lithium Valley, confirming high-priority lithium and gallium-rare earth element (REE) drill targets through recent exploration work [2][5][6] Exploration Progress - The company is advancing logistics, surface access agreements, and permitting for aggressive diamond drilling at three lithium targets: Cruzeta, Água Branca, and Grota do Maquém, as well as air-core and/or reverse circulation drilling at the emerging gallium-REE Caladão Target [3][6] - Exploration activities have identified three high-priority lithium targets where lithium is strongly correlated with pathfinder elements such as cesium, tin, and rubidium, typical of fertile lithium-cesium-tantalum pegmatites [6][9] - Surface sampling has outlined a 4,500-hectare zone over the Caladão Granite with anomalous gallium and REE values, adjacent to Axel REE's recently reported discovery [9][29] Geochemical Analysis - Lithium shows a strong association with manganese and has been remobilized from primary sources, indicating potential for lithium mineralization at depth [7][11] - Recent rock-chip samples from the Cruzeta target have returned cesium values above 50 ppm, with some reaching 267 ppm, reinforcing the focus on these targets [17][19] - All three priority targets returned K/Rb ratios under 150, with Cruzeta showing a notably low ratio below 20, indicating strong lithium prospectivity [25][27] Future Plans - The exploration team is preparing logistics and permitting to begin drilling at priority lithium and rare earth targets, marking a transformative step toward unlocking the full potential of the Arapaima Project [33]

Core Viewpoint - CopperCorp Resources Inc. has appointed Alan Coutts, an experienced mining executive, to its Board of Directors, which is expected to enhance the company's strategic direction and exploration efforts in the copper-gold sector [2][6]. Company Overview - CopperCorp is focused on the exploration and development of its Skyline and AMC copper-gold-REE projects located in western Tasmania, Australia [11]. Appointment Details - Alan Coutts brings over 35 years of global experience in mineral exploration, project development, mine operations, and corporate leadership [3]. - His recent role was as President and CEO of Noront Resources Ltd., which was acquired by Wyloo Metals for approximately C$650 million in April 2022 [4]. - Coutts has been granted 400,000 incentive stock options by CopperCorp, exercisable at C$0.165 per share for five years, subject to vesting provisions and TSX Venture Exchange approval [8][10]. Strategic Alignment - The appointment aligns with CopperCorp's vision, as Coutts has a proven track record in mine development and operations, particularly in battery metals-focused projects [6]. - Coutts noted the strong parallels between Noront's land package and CopperCorp's position in Tasmania, indicating potential for significant exploration advancements [6]. Market Outlook - Coutts emphasized the increasing demand for copper over the next decade and the optimal timing for the Razorback drilling program within the current commodity cycle [7]. - He expressed enthusiasm about contributing to a project with a strategy similar to his previous successful initiatives in the mining sector [8].

Lithium producers’ shares fell — following sharp gains on Monday that were driven by the closure of a major mine closure — as the market weighed the outlook for Chinese output of the battery metal https://t.co/DpSZW4JFG5 ...

Project Overview - The Kalgoorlie Nickel Project (KNP) Goongarrie Hub has a project life of over 40 years, with planned production of 30ktpa of nickel and 2ktpa of cobalt[14] - The KNP Goongarrie Hub contains a Mineral Resource Estimate (MRE) of 584Mt at 0.69% Ni and 0.043% Co, for 4Mt of contained Ni and 250kt of contained Co[16] - The project's Definitive Feasibility Study (DFS) is fully funded by Japanese partners Sumitomo Metal Mining (SMM) and Mitsubishi Corporation (MC) up to A$98.5M[21] Partnership and Funding - SMM aims to increase nickel production from 81ktpa (FY23) to 150ktpa[22] - The Consortium (SMM and MC) is funding the DFS up to A$98.5M to earn up to 50% interest in Kalgoorlie Nickel Pty Ltd (KNPL)[21, 137] - Ardea retains 100% ownership of non-Goongarrie Hub KNP projects, including the Kalpini Hub with an MRE of 270Mt at 0.76% Ni and 0.05% Co, containing 2Mt of Ni and 136kt of Co[16, 81] Market and Production - Global MHP and MSP production has increased by over 300% since 2020[33] - Electric Vehicle (EV) sales grew by 28% year-to-date in H1 2025, with 9.1 million units sold[41] - Global energy storage grid deployments increased by 94% year-on-year in January 2025, reaching 13.6GWh[41] Financials and Costs - The Pre-Feasibility Study (PFS) indicates a low C1 Opex before Cobalt credit of US$10,197/t Ni in MHP LOM[65] - The project benefits from a potential 10% refund against processing costs for the first decade under Australia's "Critical Minerals Production Tax Inventive"[70] - The PFS outlines a pre-tax NPV7 of A$7,625M and a post-tax NPV7 of A$4,980M[118]