Perma-Fix Environmental Services (NasdaqCM:PESI) Q4 2025 Earnings call March 24, 2026 10:00 AM ET Company ParticipantsBen Naccarato - EVP and CFODavid Waldman - President and CEOHoward Brous - VP and Wealth AdvisorMark Duff - President and CEOWalter Schenker - FounderConference Call ParticipantsAaron Spychalla - Senior Research AnalystOperatorGood morning, everyone, and welcome to the Perma-Fix fourth quarter and fiscal 2025 business update conference call. At this time, all participants are in a listen-onl ...

Perma-Fix Environmental Services (NasdaqCM:PESI) Q4 2025 Earnings call March 24, 2026 10:00 AM ET Company ParticipantsBen Naccarato - EVP and CFODavid Waldman - President and CEOHoward Brous - VP and Wealth AdvisorMark Duff - President and CEOWalter Schenker - FounderConference Call ParticipantsAaron Spychalla - Senior Research AnalystOperatorGood morning, everyone, and welcome to the Perma-Fix fourth quarter and fiscal 2025 business update conference call. At this time, all participants are in a listen-onl ...

Perma-Fix Environmental Services (NasdaqCM:PESI) Q4 2025 Earnings call March 24, 2026 10:00 AM ET Speaker5Good morning, everyone, and welcome to the Perma-Fix fourth quarter and fiscal 2025 business update conference call. At this time, all participants are in a listen-only mode, and the floor will be open for questions following the presentation. If anyone should require operator assistance during this conference, please press star zero on your phone keypad. Please note this conference is being recorded. I ...

ATLANTA, March 24, 2026 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced financial results and provided a business update for the fourth quarter and full year ended December 31, 2025. Mark Duff, President and Chief Executive Officer of the Company, commented, “During 2025, we focused on strengthening Perma-Fix’s operational foundation and positioning the Company for the next phase of growth tied to the U.S. Department of Energy’s (“DOE”) Hanford clean ...

NL Industries, Inc. Financial Performance - NL Industries reported a net loss attributable to stockholders of $31.0 million, or $0.63 per share, in Q4 2025, compared to a net income of $16.5 million, or $0.34 per share, in Q4 2024 [1] - For the full year 2025, NL reported a net loss of $37.8 million, or $0.77 per share, compared to a net income of $67.2 million, or $1.38 per share, in 2024 [1] - The results for 2025 included an unrealized loss of $13.6 million related to marketable equity securities, contrasting with an unrealized gain of $9.8 million in 2024 [1] Kronos Worldwide, Inc. Performance - Kronos reported net sales of $418.3 million in Q4 2025, a decrease of $4.8 million, or 1%, compared to Q4 2024 [5] - For the full year 2025, Kronos' net sales were $1.9 billion, down $27.7 million, or 1%, from 2024 [5] - The decline in sales was primarily due to lower average TiO2 selling prices and changes in product mix, despite higher sales volumes in certain markets [5][7] Segment Performance - CompX's net sales for Q4 2025 were $37.7 million, down from $38.4 million in Q4 2024, while full-year sales increased to $158.3 million from $145.9 million in 2024 [2] - CompX's segment profit for Q4 2025 was $5.6 million, an increase from $4.9 million in Q4 2024, driven by higher sales and improved gross margins [2] Equity in Losses - NL recognized equity in losses of Kronos amounting to $25.3 million in Q4 2025, compared to losses of $4.0 million in Q4 2024 [3] - For the full year 2025, NL's equity in losses from Kronos was $33.9 million, a significant decline from equity earnings of $26.4 million in 2024 [3] Operational Challenges - Kronos experienced a loss from operations of $63.1 million in Q4 2025, compared to income of $28.6 million in Q4 2024, primarily due to higher unabsorbed fixed production costs and lower TiO2 selling prices [7] - The average capacity utilization for Kronos' production facilities was 77% in 2025, down from 96% in 2024, indicating operational challenges [7] Currency Impact - Fluctuations in currency exchange rates positively impacted Kronos' net sales by approximately $13 million in Q4 2025 and $24 million for the full year [6]

Core Insights - Cerro de Pasco Resources Inc. has entered into a Project Development Funding Agreement with the U.S. International Development Finance Corporation to support the Quiulacocha Tailings Reprocessing Project in Peru [1][2] Funding Details - DFC will provide up to US$5 million in milestone-based funding for project development activities, with the potential for an additional US$300 million in long-term direct loan financing for construction, subject to various conditions [2][4] - The funding will support activities such as Sonic Drilling, Geotechnical and Hydrogeological Drilling, a Feasibility Study, and an Environmental and Social Impact Assessment [4][5] Project Significance - Quiulacocha is recognized as one of the largest historic tailings resources globally, targeting the recovery of silver, base metals, gallium, and indium, which are essential for advanced technologies [3][6] - The project aligns with the strengthened cooperation between the United States and Peru regarding secure and responsible mineral supply chains [7] Company Strategy - Cerro de Pasco Resources focuses on reprocessing and remediating historic mining waste to unlock value while promoting environmental sustainability [8]

Core Insights - STLLR Gold Inc. has received the first permit under Ontario's new Recovery of Minerals regime for the Hollinger Tailings Project, marking a significant milestone in the company's efforts to advance and remediate the site [1][2]. Company Overview - STLLR Gold Inc. is a Canadian gold development company focused on advancing high-potential gold projects, including the Hollinger Tailings Project and the Tower Gold Project in Ontario, as well as the Colomac Gold Project in Northwest Territories [4]. Regulatory Framework - The Recovery of Minerals regime, enacted in July 2025, aims to streamline the permitting process for responsible mineral recovery and environmental remediation of historical mine sites in Ontario [2]. - The authorization from the Ontario Ministry of Energy and Mines allows STLLR to conduct additional technical work, moving closer to reprocessing and remediating the legacy site [2]. Economic Impact - The project is expected to create jobs and strengthen the economy in Timmins and Northern Ontario, with government officials emphasizing the importance of responsible resource development [3]. - The Hollinger Tailings Project is viewed as a "triple win," offering potential for substantial near-term cash flows, environmental remediation, and long-term economic benefits for local communities [3][4]. Project Potential - The Hollinger project is characterized by low upfront capital requirements, an accelerated permitting pathway, and a low-cost profile, positioning it for quick advancement to cash flow generation in a favorable gold price environment [3][4]. - The company is actively engaging with local mill owners and regional stakeholders to further advance the project [4].

Core Viewpoint - BioLargo, Inc. is positioned to capitalize on a significant infrastructure and technology investment cycle, focusing on execution, disciplined capital deployment, and long-term value creation [1] Company Summary - BioLargo, Inc. is a cleantech innovator that develops technologies aimed at addressing environmental, energy, and medical challenges [1] - The company is closing 2025 with a focus on sustainable water and environmental solutions [1] Industry Summary - Global investment trends are increasingly influenced by artificial intelligence, data centers, electrification, energy storage, and environmental remediation [1] - These trends are creating heightened demands on water systems, energy infrastructure, and regulatory compliance [1]

Core Insights - Zefiro Methane Corp. has published its 2025 Year-End Letter to Shareholders, highlighting its growth trajectory following a management transition in June 2025 [1][2] - The first full fiscal quarter under the new management yielded USD $12.1 million in revenue, with a 29.5% reduction in expenses, allowing for free cash flow to support core operations and settle debts [2] Company Overview - Zefiro Methane Corp. specializes in environmental services, focusing on methane abatement and aims to be a key player in Active Sustainability [5] - The company is developing a comprehensive operational framework to address methane leaks, with a goal of generating long-term economic, environmental, and social returns [5] Strategic Developments - Zefiro is set to enhance its environmental services category by utilizing P&G's crews and equipment year-round, starting a project in Louisiana valued at over USD $5 million, expected to continue until March 2026 [3] - The company is emphasizing core operations that consistently drive revenue, with management expressing commitment to transparent communication with shareholders [4]

Core Insights - Cerro de Pasco Resources Inc. (CDPR) has made significant progress in the Quiulacocha Tailings Reprocessing Project, transitioning from Phase 1 to Phase 2, which is crucial for both resource recovery and environmental remediation in Peru [1] Phase 1 Achievements - A 40-hole sonic drill program has confirmed metal grades and continuity, supporting the mineral resource estimate for the Quiulacocha tailings [2] - Extensive mineralogical and metallurgical tests are being conducted to determine effective metal recovery methods [3] Environmental Studies - Completion of wet season baseline studies and ongoing dry season assessments, including various monitoring techniques [4] - Environmental baseline data will support the project's Environmental Impact Assessment, aiming to reduce long-term environmental liabilities [19] Hydrogeology and Geotechnics - High-resolution surveys have been integrated into hydrogeological models and stability assessments, guiding mine planning and drilling infrastructure [5][22] - Initial assessments for long-term storage sites and re-mining methods have confirmed the efficient dredging and pumping of Quiulacocha tailings [6][23] Permitting and Approvals - Submission of Phase 1 Results Report has initiated the regulatory process for Phase 2 drilling, with CDPR fully funded for ongoing programs [7] - Recent resolutions from Peru's Mining Council have clarified the permitting process, aligning authorities for the project's advancement [11] Upcoming Milestones - Key milestones include the completion of the integrated metallurgical program in Q1 2026, submission and approval of necessary permits, and commencement of Phase 2 drilling [9] Technical Program Update - The project is supported by a rigorous technical work program, with metallurgical testing defining effective processing routes [12] - The initial metallurgical phase is expected to conclude in Q1 2026, followed by further testing [17] Mineralogical and Metallurgical Testing - The mineralogy program includes various advanced testing methods to determine metal associations and recovery factors [13] - The metallurgical program focuses on recovering multiple metals into saleable concentrates, with initial flotation tests showing promising results [14][15] Tailings Management - Studies on tailings storage and re-mining methods are ongoing, evaluating capacity, land suitability, and environmental considerations [24] - The tailings are confirmed to be pumpable within an optimal solids concentration range, supporting low-cost extraction methods [23] Phase 2 Drilling Program - The upcoming drilling campaign will complete the necessary datasets for feasibility-level engineering, with approximately 116 drillholes planned [25][26]