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PM Modi, Starmer talks in Mumbai: Full list of 12 key outcomes to boost trade, tech, and education ties
MINT· 2025-10-09 10:17
Prime Minister Narendra Modi held bilateral talks with his British counterpart, Keir Starmer, at Raj Bhavan in Mumbai on Thursday, 9 October. The meeting primarily focused on enhancing India-UK ties in areas such as trade, defence, security, and critical technology.Starmer’s visit to India came over two months after the two countries signed a landmark free trade pact that will increase market access, cut tariffs, and is expected to result in doubling bilateral trade by 2030.The path-breaking India-UK CETA w ...
Geomega and Rio Tinto Sign a Joint Development Agreement and Demo License on Bauxite Residue Valorization Technology
Newsfile· 2025-10-08 13:27
Geomega and Rio Tinto Sign a Joint Development Agreement and Demo License on Bauxite Residue Valorization TechnologyOctober 08, 2025 9:27 AM EDT | Source: Geomega Resources Inc.Montreal, Quebec--(Newsfile Corp. - October 8, 2025) - Geomega Resources Inc. (TSXV: GMA) (OTCQB: GOMRF) ("Geomega" or the "Corporation") is pleased to announce that on September 19, 2025 its wholly owned subsidiary, Innord Inc. ("Innord"), has entered into a Joint Development Agreement (the "JDA") with Rio Tinto in con ...
Surge Engages Cassidy & Associates to Support US Government and Agency Engagement and Outreach
Newsfile· 2025-10-07 13:00
West Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce it has retained Cassidy & Associates, a leading Washington, D.C. based government relations and advocacy firm, to represent the Company in its U.S. federal government and agency engagement and outreach activities.With deep experience in mining, natural resources, energy and technology policy, Cassidy & Associates will assis ...
Volato Group's Proposed Acquisition Under Definitive Agreement, M2i Global Names Anthony Roger Moore to its Board of Advisors
Globenewswire· 2025-10-01 12:30
Atlanta, GA and Reno, NV, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Volato Group, Inc. (“Volato”) (NYSE American: SOAR), a technology-driven private aviation company and M2i Global, Inc. (“M2i Global”) (OTCQB: MTWO), a company specializing in the development and execution of a complete global value supply chain for critical minerals, is pleased to announce that Anthony Roger Moore, a global financial services professional with more than 55 years’ experience with business transactions spanning over 30 countries, has ...
MP vs. UUUU: Which Rare Earth Stock is the Smarter Buy Now?
ZACKS· 2025-09-26 17:26
Core Insights - MP Materials and Energy Fuels are positioned to be key players in the U.S. rare earth and critical minerals supply chain [1] Company Overview - MP Materials, based in Las Vegas, NV, is the largest producer of rare earth materials in the Western Hemisphere, with a market capitalization of $13.7 billion [2] - Energy Fuels, located in Lakewood, CO, has a market capitalization of $3.99 billion and is a leading producer of natural uranium concentrates [3] Financial Performance - MP Materials reported a revenue increase of 84% year-over-year to $57.4 million in Q2 2025, with NdPr production up 119% and REO production up 45% [5][11] - Energy Fuels experienced a revenue decline of 52% year-over-year to $4.2 million in Q2 due to lower uranium sales volumes [10][11] Strategic Developments - MP Materials secured a long-term agreement with Apple to supply rare earth magnets made from recycled materials and partnered with the U.S. Department of Defense to develop a domestic rare earth magnet supply chain [8][9] - Energy Fuels is diversifying into rare earths by producing high-purity separated rare earth oxide NdPr at its White Mesa mill [3][13] Production and Capacity - MP Materials is ramping up production and expects to construct a second domestic magnet manufacturing facility, increasing U.S. rare earth magnet manufacturing capacity to 10,000 metric tons [9] - Energy Fuels is developing significant rare earth element capabilities, with projects in Australia, Madagascar, and Brazil that could supply REE oxides to U.S. and European manufacturers [15] Earnings Estimates - The Zacks Consensus Estimate for MP Materials' fiscal 2025 earnings is a loss of 34 cents per share, with an expected profit of 91 cents per share in fiscal 2026 [16] - Energy Fuels' fiscal 2025 earnings estimate is a loss of 33 cents per share, with a projected profit of one cent per share in fiscal 2026 [16] Stock Performance - MP Materials stock has surged 394.5% year-to-date, outperforming Energy Fuels' 236.5% gain [19] - MP Materials is trading at a forward price-to-sales ratio of 26.82X, while Energy Fuels is at 38.11X [20] Investment Outlook - MP Materials is seen as a more compelling choice for long-term growth in critical minerals due to its production gains, partnerships, and strategic importance [21][22] - Energy Fuels offers exposure to both uranium and rare earths, but MP Materials has an edge in price performance and earnings momentum [22]
First Atlantic Nickel Doubles RPM Zone Strike Length to 800 Meters at Pipestone XL Nickel Alloy Project with 491 Meter Awaruite (Ni3Fe) Intercept in Phase 2X Drilling
Globenewswire· 2025-09-25 08:30
Phase 2X Drilling Achieves 800 Meter Strike Length with First Hole on Line S3 Confirming Continuity of Awaruite MineralizationGRAND FALLS-WINDSOR, Newfoundland and Labrador, Sept. 25, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to report that drill hole AN-25-08 intersected 491 meters of large grain, visibly disseminated awaruite (Ni3Fe) mineralization at the RPM Zone within its Pipestone XL Nickel Alloy Project (f ...
First Atlantic Nickel Doubles RPM Zone Strike Length to 800 Meters at Pipestone XL Nickel Alloy Project with 491 Meter Awaruite (Ni3Fe) Intercept in Phase 2X Drilling
Globenewswire· 2025-09-25 08:30
GRAND FALLS-WINDSOR, Newfoundland and Labrador, Sept. 25, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to report that drill hole AN-25-08 intersected 491 meters of large grain, visibly disseminated awaruite (Ni3Fe) mineralization at the RPM Zone within its Pipestone XL Nickel Alloy Project (formerly named the Atlantic Nickel Project) in Newfoundland. This significant intersection on Line S3, is the first reported dr ...
Trump Places Direct Bet on Thacker Pass Lithium
Yahoo Finance· 2025-09-24 22:00
  The U.S. Administration is increasingly looking to have a direct equity involvement in America’s critical minerals supply chain, in the race to close the gap with the world’s dominant holder of supply of critical metals and rare earth elements, China. As the U.S. seeks to reduce dependence on China in the supply chain of key defense, military, and battery technologies, the Trump Administration is reportedly asking to have a 10% stake in a major lithium project in Humboldt County in northern Nevada. T ...
RecycLiCo Secures Scalable Facility to Accelerate Commercialization of Critical Mineral and Metal Recovery
Globenewswire· 2025-09-03 10:00
Core Insights - RecycLiCo Battery Materials Inc. has acquired a new 10,047-square-foot building in Delta, British Columbia, to serve as its corporate headquarters and operational hub, which will include executive offices, a lithium-ion battery recycling demonstration plant, and an in-house analytical laboratory [1][2] - The acquisition is a strategic move to enhance the company's capacity for lithium, cobalt, nickel, and manganese supply chains, positioning RecycLiCo as a commercial participant in the critical minerals sector [2] - The purchase price for the building was $5,875,000, with $4,406,250 financed by the seller at a 5% annual interest rate, secured by a three-year mortgage [2] Operational Developments - The relocation and commissioning of RecycLiCo's demonstration plant will occur alongside the construction of the new laboratory, aiming to minimize downtime and expedite customer qualification and commercial deployment [3] - The reassembled plant is expected to begin commissioning in early 2026, with operational readiness targeted for Spring 2026, contingent on construction progress and regulatory approvals [3] Company Overview - RecycLiCo specializes in critical minerals refining, utilizing advanced hydrometallurgical technologies to process mined ore and upcycle lithium-ion battery materials, efficiently recovering essential minerals from end-of-life batteries and manufacturing scrap [4] - The company's focus aligns with the increasing global demand for responsible supply chains and the movement towards strengthening domestic sourcing of critical materials [4]
Industry Leader David Stetson Joins Electra Board of Directors
Globenewswire· 2025-08-25 11:00
Core Insights - Electra Battery Materials Corporation has appointed David Stetson to its Board of Directors, bringing extensive leadership experience in the natural resources sector [1][5] - Stetson previously served as CEO of Alpha Metallurgical Resources, where he increased the company's market capitalization from $50 million to over $4 billion and eliminated $800 million in debt [2] - The appointment is part of Electra's strategy to strengthen its financial foundation and enhance its role in North America's critical minerals supply chain [5][6] Company Update - Electra has closed a bridge financing of $2 million through the issuance of unsecured 90-day promissory notes to support operations during its restructuring [6] - The addition of Stetson to the Board is seen as a reinforcement of Electra's commitment to disciplined execution as it advances its transformation and growth strategy [6] - Electra is focused on developing North America's only cobalt sulfate refinery and aims to reduce reliance on foreign supply chains through onshoring critical minerals refining [7][8]