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Electric Metals Files NI 43-101 Preliminary Economic Assessment for the North Star Manganese Project on SEDAR+
Accessnewswire· 2025-10-06 22:10
Results Underscore Robust Economics and a U.S. Manganese Ore to HPMSM Pathway TORONTO, ON / ACCESS Newswire / October 6, 2025 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) announces it has filed on SEDAR+ the National Instrument 43-101 Preliminary Economic Assessment ("PEA") for its North Star Manganese Project (NSMP), a 100% domestic U.S. project, comprising a manganese mine in Emily, Minnesota, and a high-purity manganese sulfate monohydrate (HPMSM) chemical plant in the ...
Eaton Names Kaled Awada Executive Vice President and Chief Human Resources Officer
Businesswire· 2025-10-06 10:45
DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced that Kaled Awada has been named executive vice president and chief human resources officer, effective October 6, 2025. In this role, Awada will be responsible for leading Eaton's global end-to-end talent strategy, encompassing leadership and organizational development, compensation and benefits, and employee experience from talent acquisition to retention. He will report to Paulo Ruiz, chief executive officer, and ...
Why Copper Is Set to Soar: Grasberg Shutdown, Electrification, and AI Boom
FX Empire· 2025-10-05 11:59
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Ford CEO talks labor market, lack of trade jobs, and risks to the US economy
Youtube· 2025-10-04 00:35
Yahoo. Finance executive editor Brian Sazi caught up with Ford CEO Jim Farley at the Ford Pro Accelerate Conference in Detroit to discuss boosting productivity for essential American workers, >> factory workers, construction workers, farmers, uh all the people that move things, truck drivers, rail workers, and people fix things, plumbers, electricians, HVAC, all the people that basically work for our hands. Think uh with their hands.Think of like Mike Row. All of Mike Row's friends who I love Mike Row. >> Y ...
Should You Invest in the Global X U.S. Electrification ETF (ZAP)?
ZACKS· 2025-10-03 11:21
The Global X U.S. Electrification ETF (ZAP) was launched on December 17, 2024, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Broad segment of the equity market.Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.Additionally, sector ETFs offer convenient ways to gain low risk and diversi ...
CNBC Property Play: Schneider Electric’s chairman says people are underestimating energy revolution
CNBC Television· 2025-10-02 18:49
Diana Olick: Despite its name, Schneider Electric does not generate electricity. It's an energy management company mixing electrification and digitization together so customers like Nvidia know exactly where their energy is consumed and can then optimize in real time their energy usage. I sat down with company chairman Jean-Pascal Tricoire, who has been with Schneider nearly 40 years, but says he has never seen a revolution in energy technology like he's seeing now.Jean-Pascal Tricoire: AI is a revolution o ...
Veeco Instruments (NasdaqGS:VECO) M&A Announcement Transcript
2025-10-01 13:32
Summary of Veeco Instruments and Excelis Merger Conference Call Industry and Companies Involved - **Industry**: Semiconductor Equipment - **Companies**: Veeco Instruments Inc. (NasdaqGS:VECO) and Excelis Core Points and Arguments 1. **Merger Announcement**: The call discusses the merger between Excelis and Veeco, aiming to create a leading semiconductor equipment company with enhanced capabilities and resources [1][4][10]. 2. **Strategic Fit**: The merger is described as transformational, combining complementary technologies and product portfolios, particularly in ion implantation and annealing processes, which are critical in semiconductor manufacturing [4][7][8]. 3. **Market Expansion**: The combined company is expected to expand its total addressable market to over $5 billion, leveraging growth in AI and power solutions [10][11]. 4. **R&D Investment**: The merger will result in a combined R&D investment of over $230 million, aimed at developing next-generation products [8][34]. 5. **Financial Profile**: Pro forma revenue for 2024 is projected at $1.7 billion with a gross margin of 44% and adjusted EBITDA of $387 million (22% margin) [23]. 6. **Cost Synergies**: Estimated run-rate cost synergies of $35 million are expected within 24 months post-closing, primarily from operational efficiencies [23][32]. 7. **Accretive to EPS**: The transaction is anticipated to be accretive to non-GAAP EPS within the first year post-closing [5][24]. 8. **Governance Structure**: The combined company will have a governance structure with 11 directors, including 6 from Excelis and 4 from Veeco, with Russell as CEO and Jamie as CFO [21][22]. 9. **Regulatory Approval**: The merger is expected to close in the second half of 2026, pending shareholder and regulatory approvals, with no anticipated issues due to the lack of overlap between the companies [62][63]. Additional Important Content 1. **Complementary Technologies**: The merger will enhance capabilities in advanced packaging, laser annealing, and ion beam deposition, which are essential for high-performance computing and AI applications [8][16][19]. 2. **Geographic Diversification**: The combined company will benefit from a diversified geographic presence, enhancing market penetration in key regions like China, Korea, and Taiwan [12][19]. 3. **Cultural Integration**: Both companies share a culture of respect and collaboration, which is expected to facilitate a smooth integration process [20]. 4. **Customer Focus**: The merger aims to provide enhanced solutions and support for customers across the semiconductor production process, addressing evolving market needs [20][66]. 5. **Long-term Growth Strategy**: The combined company will focus on organic growth, returning capital to shareholders, and considering future M&A opportunities [24][32]. This summary encapsulates the key points discussed during the conference call regarding the merger between Veeco Instruments and Excelis, highlighting the strategic, financial, and operational implications of the transaction.
Hyundai Motor America Reports Record-Breaking September 2025 and Q3 sales
Prnewswire· 2025-10-01 12:55
"September marked our strongest third quarter on record, fueled by a diverse product lineup, outstanding dealer support, and robust consumer demand," said Randy Parker, president and CEO of Hyundai Motor North America. "As we move into October, we're introducing new programs to keep our vehicles accessible, such as repositioning the 2025 IONIQ 5 with extended $7,500 cash incentives and offering up to $9,800 in price reductions on 2026 IONIQ 5 models, reinforcing Hyundai's legacy of delivering exceptional va ...
NextStar Energy completes construction of $5-billion EV battery plant
Yahoo Finance· 2025-09-30 18:38
NextStar Energy, a joint-venture electric-vehicle battery company owned by Stellantis and LG Energy Solution, has finished construction of its $5-billion plant in Windsor, Ont. The company on Sept. 30 said it has received its Occupancy Permit, marking the official completion of construction. Danies Lee, CEO of NextStar Energy, said in a statement the company will now “transition from construction to operations.” Lee also said the plant was “completed safely and on schedule.” Sign up for Automotive News C ...
稀土会议的关键要点-Metals & Mining--Key Takeaways from Rare Earths Conference
2025-09-30 02:22
September 29, 2025 04:01 AM GMT Metals & Mining | North America Key Takeaways from Rare Earths Conference Discussions at Adamas Intelligence conference focused on price bifurcation & price floor guarantees from Western governments to shore up critical supply chains ahead of expected demand from technologies of the future like humanoids & robotics given the implications for national and economic security. Price Bifurcation likely here to stay… As we had noted earlier this year (here), the US laid the groundw ...