Core Points - The Ontario government has awarded Fox River Resources Corporation funding of up to CAD$218,500 through the Critical Minerals Innovation Fund for the Martison project [1][2] - The funding will be utilized for process test work to convert merchant grade phosphoric acid into purified phosphoric acid for the LFP battery supply chain [1][2] - The Martison project is described as a high-grade, large-scale igneous phosphate deposit that can provide a secure domestic supply of phosphate fertilizers and purified phosphoric acid [2] Company Information - Fox River owns a 100% interest in the Martison Phosphate Project, located near Hearst, Ontario, which hosts the Anomaly A deposit [4] - A positive preliminary economic assessment for the Martison project was effective as of April 21, 2022 [4] - The technical disclosure in the news release has been approved by Mr. Tim Horner, a qualified geologist [3]

Core Insights - Atlas Lithium Corporation's subsidiary, Atlas Critical Minerals, reported high-grade near-surface rare earths mineralization with grades reaching 28,870 ppm TREO and 23.2% TiO₂, alongside graphite concentrate results of up to 96.6% [1][5][6] - The company holds over 575,000 acres of mineral rights in Brazil, which is known for its significant rare earth deposits and is home to the world's second-largest graphite reserves [1][8] - The strategic importance of critical minerals has been highlighted by recent investments, such as the U.S. Department of Defense's $400 million investment in MP Materials, emphasizing the growing demand for these resources [7][8] Company Overview - Atlas Lithium is advancing its wholly owned Neves lithium project in Minas Gerais, Brazil, which encompasses approximately 539 square kilometers of lithium mineral rights, making it the largest lithium exploration footprint in Brazil among publicly listed companies [10][12] - The company has a 30.1% ownership stake in Atlas Critical Minerals, providing shareholders with exposure to a broader range of critical minerals [1][12] Project Highlights - The Alto Paranaíba rare earths and titanium project is located in a proven rare earths region and is divided into three exploration blocks for operational efficiency [2] - Initial results from the graphite project in Minas Gerais indicate strong metallurgical performance, with conventional flotation techniques yielding graphite concentrates of up to 96.6% total graphite carbon [6][9]

Project Overview - The Kalgoorlie Nickel Project (KNP) Goongarrie Hub is the largest nickel-cobalt Mineral Resource Estimate (MRE) in Australia [9] - KNP Goongarrie Hub contains 584Mt at 0.69% Ni and 0.043% Co for 4Mt of contained Ni and 250kt of contained Co [10] - KNP Kalpini Hub contains 270Mt at 0.76% Ni and 0.05% Co for 2Mt of contained Ni and 136kt of contained Co [10] - The project has a forecast operation of +40 years [53] Partnership and Funding - Sumitomo Metal Mining (SMM) and Mitsubishi Corporation (MC) are fully funding the Definitive Feasibility Study (DFS) up to A$98.5M to earn up to 50% interest in Kalgoorlie Nickel Pty Ltd (KNPL) [15] - The Consortium earned its first 17.5% in July 2025 [15] HPAL Technology and Production - Global MHP and MSP production has increased by over 300% since 2020 [26] - HPAL now into 5th generation of technical advances [21] Market Demand - Electric Vehicle (EV) sales reached 9.1 million in H1 2025, a 28% year-to-date growth [35] - Global energy storage grid deployments reached 13.6GWh in January 2025, a 94% year-on-year increase [35] - Global steel consumption is projected to increase by 132Mt, or over 7% [38] Cost Competitiveness - The Pre-Feasibility Study (PFS) indicates a low C1 Opex before Cobalt credit of US$10,197/t Ni (US$4.62/lb) in MHP LOM [60] - Australia's recently approved tax credit provides a 10% refund against processing costs (64% of PFS Opex estimate) for the first decade [65] Financial Metrics (from 2023 PFS) - Pre-tax NPV7 of A$7,625M (IRR 30%) and Post-tax NPV7 of A$4,980M (IRR 23%) [114] - Average Annual EBITDA of A$800M [114]

Core Insights - First Atlantic Nickel Corp. has announced the successful completion of its Phase 1 drilling program at the RPM Zone, revealing a significant near-surface mineralized zone of awaruite nickel measuring approximately 400 meters by 500 meters [1][5][10] - The company is now advancing into Phase 2 drilling, which is fully funded and aims to expand the known mineralization footprint and assess the potential for a large-scale resource [1][12][13] Company Overview - First Atlantic Nickel Corp. is a Canadian mineral exploration company focused on developing the Atlantic Nickel Project, which is 100% owned and strategically located in Newfoundland, Canada [30][31] - The project features awaruite, a natural nickel-iron alloy that allows for smelter-free processing, enhancing North America's critical minerals supply chain [30][31] Phase 1 Drilling Results - The Phase 1 drilling program consisted of four diamond drill holes totaling 1,363 meters, all of which intersected broad, continuous zones of mineralization [5][6][10] - Metallurgical testing yielded an average magnetically recoverable nickel grade (DTR Ni%) of 0.13%, with an average magnetic nickel concentrate of 1.41% Ni and a mass pull of 9.1%, indicating a total nickel recovery of 54% based on an initial total nickel grade of 0.24% [1][5][8] Phase 2 Drilling Plans - The Phase 2 drilling program is designed to systematically expand the mineralization footprint, targeting areas to the north, east, and west of the RPM Zone [12][13] - Initial results from the first hole of Phase 2 (AN-25-06) have confirmed the presence of large grain visible awaruite, extending the mineralization eastward [12][13] Awaruite Nickel Significance - Awaruite is noted for its environmentally friendly processing capabilities, as it can be concentrated through magnetic separation without the need for high-temperature smelting or acid leaching [2][19][22] - The U.S. Inflation Reduction Act mandates that eligible clean vehicles must not contain critical minerals processed by foreign entities of concern, positioning awaruite as a strategic resource for North American electric vehicle manufacturers [19][22] Market Context - The development of awaruite resources is crucial given China's dominance in the global nickel market, controlling a significant portion of nickel refining and smelting [22] - Awaruite's unique properties could help reduce North America's dependence on foreign processing, thereby enhancing the security and reliability of the domestic nickel supply chain [22][30]

Core Insights - Military Metals Corp. has reported high-grade results from grab samples taken from a historical mine stockpile at the West Gore antimony-gold project, with antimony grades reaching up to 40.6% and gold grades up to 106.5 grams per tonne [1][3][4] - The results support the historical mining data from 1914-1917, when West Gore was a significant antimony producer during World War One [1][3] - The company plans to commence a drill program to explore new targets identified beyond the previously mined areas [1][3] Historical Stockpile Sample Highlights - The highest grade sample returned 40.6% antimony and 106.5 gpt gold, while the average antimony across five samples was 17.94% and the average gold was 34.68 gpt [4][6] - Additional high-grade antimony results included 23.5% and 18.1%, while high-grade gold results included 27.4 gpt and 25.8 gpt [4][6] - Three high-priority drill targets that were never previously identified will be tested in the upcoming work program [4] Company Strategy and Market Context - The CEO of Military Metals emphasized the importance of these results in reinforcing the exploration plan and the potential role in the critical minerals supply chain, particularly for antimony [3] - The government of Nova Scotia has updated the approval process for metal-mining projects to accelerate timelines, which may benefit industry progress [3] Mining History and Geology - Historical documentation indicates that 32,000 metric tons were mined at West Gore, producing 7,000 metric tons of concentrate grading 46% antimony, yielding 3,220 metric tons of antimony metal and 6,861 ounces of gold [4][5] - Gold deposits in Nova Scotia are characterized by unique geological features, with historical production from the Rawdon Hills area totaling 13,494 ounces [10] Quality Assurance and Analytical Methods - Samples were analyzed at ALS Canada, following strict quality assurance protocols to ensure analytical accuracy [9] - The analytical results for antimony and gold from the five samples varied significantly, supporting the historical documentation of mined grades [6]

Core Viewpoint - Troilus Gold Corp. has entered into indicative commercial offtake terms with Boliden Commercial AB for the sale of copper-gold concentrate from the Troilus Project, enhancing its strategic position in the European critical minerals supply chain [1][2]. Group 1: Offtake Agreements - The agreement with Boliden is the second offtake arrangement for Troilus, following a prior agreement with Aurubis AG, which underscores the quality of Troilus' anticipated concentrate [2]. - The final binding offtake agreements with both Boliden and Aurubis are expected to be executed alongside a broader US$700 million debt financing package [4]. Group 2: Project Production and Feasibility - The Troilus Project is projected to produce an annual average of approximately 135.4 million pounds of copper equivalent, translating to 75,000 wet metric tonnes (WMT) of concentrate containing payable copper, gold, and silver [3]. - The feasibility study completed in May 2024 supports a large-scale 22-year, 50ktpd open-pit mining operation, positioning Troilus as a cornerstone project in North America [8]. Group 3: Strategic Partnerships and Development - The partnership with Boliden renews a long-standing relationship, as Boliden previously processed concentrate from the Troilus site during its past production years [4]. - The company is advancing across regulatory, technical, and commercial fronts toward a construction decision, with ongoing support from financial institutions and export credit agencies [4][6].

Core Points - Electra Battery Materials Corporation held its 2025 annual general and special meeting of shareholders on June 24, 2025, in Toronto [1] - A total of 5,222,899 common shares, representing 29% of the issued and outstanding shares, were voted at the meeting, with shareholders approving all items of business [2] - All five director nominees were elected with significant support, with votes for ranging from 96.34% to 97.43% [3] Company Updates - The 2022 Amended and Restated Long-Term Incentive Plan (LTIP) was approved, increasing the number of Options from 1,429,961 to 2,500,000, PSUs from 100,000 to 125,000, and DSUs from 175,000 to 400,000, while RSUs remain at 125,000 [4] - The maximum number of common shares reserved for issuance under the LTIP has been revised from 1,829,961 to 3,150,000 [4] - The LTIP is conditionally approved by the TSX Venture Exchange and is subject to final acceptance [5] Industry Position - Electra is positioned as a leader in advancing North America's critical minerals supply chain for lithium-ion batteries, focusing on developing the only cobalt sulfate refinery in North America [6] - The company's strategy includes onshoring critical minerals refining, nickel refining, and battery recycling, with growth projects in black mass recycling and cobalt production opportunities in Quebec [6]

Core Insights - The successful installation of groundwater monitoring wells at the Cowboy State Mine marks a significant milestone in the environmental permitting process for American Rare Earths Limited [2][3][5] - The project is part of the Halleck Creek Rare Earths Project in Wyoming, which is strategically positioned to support U.S. critical minerals supply chain security [6][9] Environmental Permitting Process - Groundwater monitoring wells have been installed to collect baseline hydrological and environmental data, which is essential for the state mining permit application [3][4] - The data collection will inform groundwater modeling, mine planning, and support the formal submission of the mining permit application [4][8] - The permitting process benefits from a simplified framework due to the project being located on State-managed land [4][7] Project Development Timeline - The company is on track to complete the Pre-Feasibility Study (PFS) by the end of 2025, with ongoing data collection and analysis [5][8] - Quarterly groundwater sampling and analysis will continue throughout the 12-month monitoring period, alongside 24-hour pump tests [8][9] Strategic Importance - The Halleck Creek Project is one of the largest rare earth projects in the U.S., with a JORC Resource of 2.63 billion tonnes, highlighting its potential to secure America's critical mineral independence [7][9] - The project aims to reduce U.S. reliance on rare earth imports, particularly from China, while addressing the growing demand for these elements in defense and advanced technologies [9]

Core Insights - Electra Battery Materials Corporation commends the Ontario government's C$500 million Critical Minerals Processing Fund, which aims to build a domestic supply chain for clean energy technologies [1] - The fund is expected to enhance local industry capabilities and support the growth of electric vehicle and battery manufacturing in Ontario [2] - Electra's CEO highlighted the importance of a North America-first approach to secure critical mineral supply chains amid global competition, particularly against China's dominance [6] Group 1: Government Initiatives - The C$500 million fund represents a significant investment in critical mineral processing, aligning with Electra's mission to create a sustainable battery materials supply chain [1][2] - The fund is anticipated to generate economic opportunities in Northern Ontario communities, supporting clean energy and electric vehicle manufacturing [2] Group 2: Company Strategy and Positioning - Electra is focused on developing North America's only cobalt sulfate refinery and aims to onshore critical minerals refining to reduce foreign reliance [7] - The company is also exploring nickel refining and battery recycling, with projects including black mass recycling and potential cobalt production in Quebec [7] Group 3: Industry Engagement - At the 2025 SelectUSA Investment Summit, Electra's CEO engaged with key stakeholders, emphasizing the urgency of reducing foreign dependence on critical minerals [4] - The company looks forward to collaborating with newly appointed federal cabinet ministers to advance clean energy and critical minerals priorities [5]

Core Insights - Electra Battery Materials Corporation commends the Ontario government's C$500 million Critical Minerals Processing Fund, which aims to build a domestic supply chain for clean energy technologies [1][2] - The fund is expected to enhance local industry capabilities and create economic opportunities in Northern Ontario, aligning with Electra's mission to develop a sustainable North American battery materials supply chain [2] Industry Developments - The prioritization of critical mineral processing in Ontario will accelerate strategic mineral processing projects that support the electric vehicle and battery manufacturing ecosystem [2] - At the 2025 SelectUSA Investment Summit, Electra's CEO engaged with key stakeholders, highlighting the urgency to reduce foreign dependence on critical minerals [4] Company Strategy - Electra is focused on developing North America's only cobalt sulfate refinery and aims to onshore critical minerals refining to reduce reliance on foreign supply chains [7] - The company is also exploring opportunities for nickel refining and battery recycling, including integrating black mass recycling at its existing refining complex [7] Leadership and Collaboration - Electra expresses support for newly appointed federal cabinet ministers, emphasizing the importance of their leadership in advancing clean energy and critical minerals priorities [5] - The company is committed to collaborating with all levels of government to support industrial innovation and energy security [5][6]