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PyroGenesis Delivers 3.5 Tonnes of Titanium Powder Under New Powder Supply Agreement with U.S. Minerals and Metal Technology Company
Globenewswire· 2025-12-15 12:00
Contract signed after client’s successful testing and analysis of samplesMONTREAL, Dec. 15, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes & engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today the delivery of 3.5 tonnes of titanium powder under a new powder supply agreement with a U.S. minerals and metal technology company. This powder was produced by PyroG ...
Focus Graphite Executes Funding Agreement for $14.1M under Natural Resources Canada's Global Partnerships Initiative
Newsfile· 2025-12-08 10:01
Core Viewpoint - Focus Graphite Inc. has secured a non-repayable funding agreement of $14.1 million from Natural Resources Canada to enhance its capacity to supply ultra-high-purity graphite for defense, aerospace, and next-generation battery materials [1][2][3] Funding Agreement Details - The funding agreement formalizes federal support for the project aimed at transforming Canadian flake graphite into ultra-high purity materials using advanced electrothermal fluidized bed technology [2][3] - The agreement includes non-dilutive funding covering approximately 73.6% of total eligible project costs, with Focus Graphite contributing $4.8 million in cash and $250,000 in in-kind contributions [8][10] Project Objectives and Impact - The project aims to produce ultra-high purity graphite to meet the needs of global markets in battery, aerospace, defense, and advanced materials [2][10] - The initiative aligns with NATO, G7, and European policy objectives for secure and diversified critical mineral supply chains, reducing reliance on Chinese sources [3][10] Production Capabilities - The demonstration system is expected to produce sufficient volumes of purified graphite for downstream qualification and scalable supply to various markets [4][10] - The project supports the company's downstream strategy by enabling the delivery of high-purity materials for early market entry while advancing mining projects [4][5] Strategic Importance - The agreement enhances Focus Graphite's ability to supply allies with secure, environmentally sustainable, high-purity graphite, addressing strategic vulnerabilities in North American military and energy systems [5][10] - The project is part of a broader effort to establish a North American, sovereign supply chain for critical minerals, enhancing energy security and industrial resilience [10][11]
Churchill Resources Provides Update on Fall Drilling & Trenching Program at Frost Cove Antimony Mine; Massive Stibnite Seams Discovered
Globenewswire· 2025-10-20 11:00
Core Insights - Churchill Resources Inc. is advancing its exploration program at the Black Raven Property in Central Newfoundland, focusing on antimony, gold, and silver, with a systematic approach that includes 5,000 meters of drilling and extensive trenching [1][3][8] Exploration Progress - The exploration program commenced on September 15, 2025, targeting the historic Frost Cove Antimony Mine first, followed by the Stewart Gold Mine and Taylor's Room Gold-Silver-Lead-Zinc prospect [1][3] - As of October 18, 2025, 16 core holes have been completed with a cumulative depth of 1,470 meters, and ten surface trenches have been sampled [3][4] - Significant antimony mineralization has been intercepted in 14 of the 16 drill holes and in 9 of the 10 surface trenches, indicating a promising mineralization potential [3][4] Mineralization Findings - Massive stibnite seams, typically 10-20 cm thick, have been identified in the shear zone, with notable samples taken from Trenches 3 and 10 [3][4] - A second historic shaft located 780 meters south of the mine entrance has also revealed massive stibnite seam mineralization, traced for approximately 80 meters [3][4] Sample Analysis - A total of 93 core samples and 48 channel and grab samples have been submitted for analysis, with plans for an additional 1,000 samples by the end of October [4][6] - Soil sampling is being utilized as a regional exploration tool, with 673 soil samples submitted for multi-element analysis [4][9] Metallurgical Studies - Preliminary metallurgical studies have shown excellent recoveries of antimony using conventional gravity-flotation techniques, with final results expected soon [6][8] Strategic Importance - The evaluation program aims to define mineralization at depth and along strike, with the goal of establishing a high-grade underground mine to supply North American and European markets [8][9] - Antimony is recognized as a critical mineral for national security and various industrial applications, highlighting the importance of securing a domestic supply [9][10] Project Background - The Black Raven Property is located approximately 60 km northwest of Gander, Newfoundland, and hosts a high-grade polymetallic stockworks vein system [11][12] - The project benefits from excellent infrastructure and a well-developed mineral exploration sector in Newfoundland and Labrador [11][13]
Military Metals Announces Boulder Sample Results of 11.45% and 6.58% Antimony and Soil Sampling Identifies Previously Unknown Anomaly, West Gore Antimony-Gold Project, Canada
Newsfile· 2025-10-14 11:30
Military Metals Announces Boulder Sample Results of 11.45% and 6.58% Antimony and Soil Sampling Identifies Previously Unknown Anomaly, West Gore Antimony-Gold Project, CanadaOctober 14, 2025 7:30 AM EDT | Source: Military Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI") reports soil sampling results and concentrations of mineralized boulders were discovered at three locations on ...
BHP CEO Mike Henry: Expect copper demand to grow by up to 70% by 2050
Youtube· 2025-10-08 12:39
Core Viewpoint - The copper industry is experiencing a significant demand surge driven by factors such as population growth, economic expansion, and the energy transition, with expectations of demand growth up to 70% by 2050 [3] Group 1: Copper Demand and Supply - The demand for copper is being fueled by traditional growth drivers and new sectors like AI data centers and electric vehicles, leading to a compounding effect on demand [3] - BHP, as the world's largest copper producer, is well-positioned to capitalize on this demand due to its scale and resources [3][8] - The company is optimistic about its growth options, particularly a project in Arizona that could supply 25% of the US's copper demand for decades [4] Group 2: Project Development and Challenges - The Resolution Mine project in Arizona has faced court challenges but is progressing, with hopes for resolution soon to enable significant investment decisions [5][6] - The permitting process in the US is a major challenge for new mining projects, and BHP is advocating for policy reforms to expedite this process [9][11] Group 3: Government Involvement and Policy - The US government is taking measures to secure critical mineral supply chains, including potential equity stakes in smaller mining companies, which BHP views as a complex but necessary approach [10][14] - BHP believes that while it can operate independently, government support is crucial for addressing the supply chain challenges in the mining sector [12][14] Group 4: Global Market Dynamics - China's economic growth remains strong, with expectations to meet a 5% growth target, sustaining demand for metals like copper and iron ore [18][19] - BHP does not focus on gold as a primary growth area but benefits from gold as a byproduct of copper production, which enhances overall revenue [20][21] Group 5: Future Investments - BHP is investing upwards of $12 billion in Canada to become one of the world's largest potash producers by 2027, indicating a strategic diversification in its growth commodities [22]
American Resources Corporation's ReElement Technologies Advances as Finalist for National Science Foundation Award as Part of the Critical Materials Crossroads Consortium
Accessnewswire· 2025-10-07 12:50
Core Insights - The Critical Minerals Crossroads consortium, led by the University of Missouri-Kansas City, is competing for the NSF Regional Innovation Engines Award, which has a total potential funding of up to $160 million over ten years [1] Company Summary - American Resources Corporation, through its holding in ReElement Technologies, is involved in the critical mineral refining sector, specifically focusing on rare earth elements [1] - ReElement Technologies is recognized as a leading innovator in the refining of rare earth elements and critical minerals [1] - The consortium's advancement as one of 15 national finalists highlights the significance of its multi-mineral refining platform in addressing challenges in the critical mineral supply chain [1]
Red Mountain Mining acquires 87 claims in Utah Antimony Project
Yahoo Finance· 2025-09-11 14:27
Core Insights - Red Mountain Mining has acquired 87 claims in the Utah Antimony Project, emphasizing its focus on gold and critical minerals [1][5] - The acquisition cost was A$138,000 (approximately $91,212.2), fully funded from the company's internal cash reserves [1] - The project is strategically located 11km east of Antimony, Utah, and was secured through direct staking with the US Bureau of Land Management [1] Exploration Plans - The initial exploration program aims to map undercover extensions of north-south structures associated with antimony mineralization at Antimony Canyon and Dry Wash Canyon [2] - A desktop study is currently assessing available magnetic and topographic data, which may be enhanced by high-resolution drone magnetics and surface reconnaissance mapping [2] - Preliminary work will help define areas for more intensive follow-up studies, including ground electromagnetics to detect sulphide mineralization beneath shallow cover [3] Strategic Alignment - The Utah Antimony Project aligns with the US Government's initiative to secure critical mineral supply chains and build domestic supply rapidly [4] - The project is adjacent to Trigg Minerals' Antimony Canyon Project, which is positioned to become a significant domestic producer of antimony for the US market [5] - Red Mountain Mining boasts an experienced US-based technical team, enhancing its capability to advance the Utah Antimony Project [5]
Volato Group's Proposed Acquisition Under Definitive Agreement, M2i Global Appoints Jon Najarian as a Senior Advisor
Globenewswire· 2025-08-12 13:00
Core Insights - M2i Global has appointed Jon Najarian to its Advisory Board, bringing significant expertise in capital markets and trading [1][3] - The collaboration aims to establish a complete global value supply chain for critical minerals, reducing reliance on foreign sources, particularly China [3] - The appointment coincides with M2i Global's merger with Volato Group, creating a dual-platform growth company focused on critical minerals and aviation software [3] Company Overview - M2i Global specializes in developing and executing a global value supply chain for critical minerals, ensuring access for national defense and economic security [9][10] - Volato Group is a technology-driven private aviation company that offers innovative solutions in aviation software and on-demand flight access [8] - Both companies are working towards creating a Strategic Mineral Reserve in partnership with the U.S. Federal Government to address global shortages of essential minerals [10] Leadership Background - Jon Najarian has extensive experience in trading and capital markets, having founded Mercury Trading and co-founded optionMONSTER and tradeMONSTER [4][5][6] - He has been a prominent media personality, contributing to various financial news programs and is recognized as an options trading expert [7][6]
Northern Graphite Hosts European Commission Delegation at Lac des Iles Mine
Newsfile· 2025-07-10 19:12
Core Insights - Northern Graphite Corporation hosted Stéphane Séjourné, Executive Vice-President of the European Commission, at its Lac des Iles mine, emphasizing the importance of secure and sustainable critical mineral supply chains amid changing global trade dynamics [1][2][3] Group 1: Company Overview - Northern Graphite is North America's only natural graphite producer, with operations in Canada, Namibia, and the European Union [1][5] - The company is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products for the green economy, including anode material for lithium-ion batteries and advanced industrial technologies [8] Group 2: Strategic Importance - The visit highlighted the strategic importance of fostering alliances with countries like Canada that share Europe's environmental and social standards [4] - Northern Graphite aims to build a robust, independent graphite supply chain in the West, crucial for sectors such as electric vehicles, energy storage, and defense applications [4] Group 3: Industry Context - The visit provided a platform to discuss challenges in the critical minerals industry, including permitting timelines and financing needs [4] - The European Union intends to launch calls for projects under the Critical Raw Materials Act, encouraging Canadian participation to deepen industrial partnerships [4] Group 4: Production and Demand - Lac des Iles is one of the few operating graphite mines in the Western world and is a cornerstone of Northern Graphite's production base [6] - The company is working to increase output at Lac des Iles to meet rising global demand for natural graphite, essential for manufacturing lithium-ion batteries and other advanced technologies [7]
Chevron's Lithium Push: How Big Oil Is Powering the EV Future
ZACKS· 2025-06-25 12:46
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]