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Kevin O’Leary is furious at Trump ‘force-feeding’ him Intel — as the US aims to invest taxpayer money in another company
Yahoo Finance· 2025-09-26 21:15
In an Aug. 25 post [1] captioned “The Art of the Deal: Intel,” Secretary of Commerce Howard Lutnick said the president decided it would be “fair” if “America had shares” in Intel in exchange for the monetary support, which in total comes to $11.1 billion.What the Trump administration has done is rewritten the terms of the deal.The company has been paid $2.2 billion in CHIPS grants but needed to meet certain milestones to receive the remaining $6 billion, which was looking unlikely.The 2022 CHIPS and Science ...
CEO.CA's Inside the Boardroom: Surge Battery Metals Lands Evolution Mining as Partner for Nevada Lithium Project
Newsfile· 2025-09-26 13:29
CEO.CA's Inside the Boardroom: Surge Battery Metals Lands Evolution Mining as Partner for Nevada Lithium ProjectSeptember 26, 2025 9:29 AM EDT | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - September 26, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free fina ...
Lithium Americas (LAC) Jumps to All-Time High as US Govt Eyes 10% Stake
Yahoo Finance· 2025-09-26 12:07
We recently published Massive Gains: 10 Stocks Investors Can’t Stop Buying. Lithium Americas Corp. (NYSE:LAC) is one of the top performers on Thursday’. Shares of Lithium Americas rallied to another all-time high on Thursday, as investors continued to load up positions following news that the US government was keen on acquiring a sizable stake in the company. In intra-day trading, Lithium Americas Corp. (NYSE:LAC) soared to its highest 52-week price of $7.53 before paring gains to end the day just up by ...
American Lithium increases Falchani project investment to $847m-report
Yahoo Finance· 2025-09-26 11:05
Core Insights - American Lithium has increased its investment in the Falchani lithium project in Peru by 22%, totaling $847 million following a favorable ruling from the Peruvian Supreme Court regarding mining concessions [1][2] Investment and Legal Developments - The additional funds will support the construction of a refinery at the project site, with construction expected to begin in 2027 and battery-grade lithium carbonate production anticipated post-2028 [2] - The Peruvian Supreme Court unanimously rejected claims from INGEMMET and MINEM regarding ownership of 32 mining concessions, allowing for further project development [1][2] Project Details - The Falchani site is the sixth-largest hard rock lithium deposit globally, located on the Macusani Plateau in Puno, Peru [3] - A preliminary economic assessment (PEA) from March 2020 estimated an annual output of 63,000 tonnes of lithium concentrate over a 33-year period [3] - The project's base case capital cost is projected at $1.97 billion over the mine's lifespan [4] Strategic Expansion - In 2023, American Lithium received approval from the Peruvian government to explore additional lithium reserves near its current operations, enhancing its strategic expansion in the region [4] - The company is engaging with potential investors from Peru and abroad, including Germany, to advance the project [2]
American Lithium Secures Water Reservation Agreement from Tonopah Public Utilities and the Town of Tonopah in Nevada for TLC Project Operations
Globenewswire· 2025-09-26 11:00
VANCOUVER, British Columbia, Sept. 26, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V: LI | OTCQX: AMLIF | Frankfurt: 5LA1) is pleased to announce that its wholly-owned subsidiary, Tonopah Lithium Corp. (“TLC”), has signed a binding Water Reservation Agreement with the Town of Tonopah and Tonopah Public Utilities (“TPU”). TLC intends to use its existing fully-owned water rights for Phase 1 of the TLC Project in Nye County, Nevada, with this essential additional ...
Is Lithium Americas Stock Still a Buy?
The Motley Fool· 2025-09-26 09:00
Core Viewpoint - The U.S. government is negotiating a potential 5% to 10% equity stake in Lithium Americas, which could significantly impact the company's financial structure and production timeline, but concerns about dilution and the long wait until production begins in 2028 remain [2][3][14]. Group 1: Government Involvement and Financial Backing - The Trump administration's interest in owning a stake in Lithium Americas has led to a stock price spike, with the company restructuring a $2.26 billion Department of Energy loan [2]. - General Motors has committed $945 million to Lithium Americas, which may include a shift to "take-or-pay" offtake agreements, providing revenue stability amid lithium price volatility [8][9]. - The potential government equity stake could transform Thacker Pass from a speculative venture to a project viewed as quasi-national infrastructure, highlighting its strategic importance [10][15]. Group 2: Production Timeline and Market Conditions - Lithium Americas will not produce battery-grade lithium until 2028, creating a significant gap that poses risks related to cash burn and market conditions [3][11]. - Spot lithium prices have dramatically decreased from over $80,000 per ton in late 2022 to around $8,000 to $10,000 today, raising concerns about project economics and potential cost overruns [13]. - The company faces environmental challenges, including litigation from tribes and conservation groups, which could further delay production and increase costs [12]. Group 3: Strategic Importance and Investment Considerations - Thacker Pass is positioned as a critical mineral resource with a target of 40,000 metric tons of lithium carbonate equivalent annually, enough to supply batteries for approximately 800,000 electric vehicles per year [6][7]. - The combination of federal backing, GM's partnership, and the project's scale underscores its strategic value in reducing reliance on foreign lithium sources, particularly from China [15]. - For investors, the opportunity in Lithium Americas represents a leveraged bet on the electric vehicle transition, but the execution risk and commodity exposure through 2028 must be carefully considered [16].
Lithium Miner Stock Jumps Again. What a U.S. Stake Could Look Like.
Barrons· 2025-09-25 20:44
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Stocks Are Down for a Third Straight Day: Stock Market Today
Kiplinger· 2025-09-25 20:08
The main U.S. equity indexes bounced off their intraday lows Thursday, but extended their respective losing streaks to three. The short-term trend continued despite incoming data showing both consumers and businesses remain resilient drivers of economic growth.The Bureau of Economic Analysis said before the opening bell that its final estimate of second-quarter gross domestic product showed the U.S. economy grew by 3.8% from April to June, faster than the 3.3% it saw in the second reading."It only seems fit ...
As Lithium Americas Stock Doubles on Trump Stake Bid, Is It Too Late to Buy LAC?
Yahoo Finance· 2025-09-25 16:35
Lithium Americas (LAC) stock almost doubled on Wednesday after news broke that the Trump administration is pursuing an equity stake in the Canadian mining company. LAC stock rose by 95% to $6.01, hitting session highs above $6.23 as investors digested the potential government partnership. Today's session is seeing LAC stock once again hit new highs at around $7 with a year-to-date (YTD) gain of over 140%. The proposed equity investment comes as Lithium Americas renegotiates the terms of a $2.2 billion Dep ...
Lithium Ionic Announces Upsize of Non-Brokered Private Placement to $15 Million
Globenewswire· 2025-09-25 16:09
Core Viewpoint - Lithium Ionic Corp. has announced an upsized non-brokered private placement due to strong investor demand, aiming to raise up to $15 million through the issuance of units priced at $0.70 each [2][4]. Group 1: Offering Details - The upsized offering will consist of up to 21,428,571 units, each comprising one common share and one warrant [2][3]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.90 for a period of 24 months following the offering's completion [3]. - The first tranche of the offering is expected to close around September 29, 2025, pending necessary approvals [4]. Group 2: Use of Proceeds - The net proceeds from the upsized offering will be allocated for exploration and development of the company's Brazilian properties, as well as for general corporate purposes [4]. Group 3: Company Overview - Lithium Ionic Corp. is a Canadian mining company focused on exploring and developing lithium properties in Brazil, particularly the Itinga and Salinas projects, which cover 14,668 hectares in a promising mining region [6]. - The Itinga Project is located near established lithium operations, including CBL's Cachoeira lithium mine and Sigma Lithium Corp.'s Grota do Cirilo project, which is noted for hosting the largest hard-rock lithium deposit in the Americas [6].