This Off-take Agreement follows the Recent August 26th Announcement of an Off-take Agreement for 10.0% with the Department of War “DoW” Investee Company Ucore Rare Metals Inc (“Ucore”) This significant and strategic off-take agreement grants REalloys 15.0% from the Company’s Tanbreez production of Heavy & Medium Rare Earth Elements from Southern GreenlandREalloys is a vertically integrated producer of magnet materials and magnets for high-performance “U.S. Protected Markets,” including the U.S. National Def ...

To counter China’s dominance in the global rare earth market , the Department of Defense (DoD) entered a public-private partnership with MP Materials.This stock maintained a stronger price trend over the short, medium, and long terms, with a poor growth ranking. Additional performance details are available here.Completing the deal on Aug. 22, the stock closed at $24.80 per share on that day, returning nearly 47.54% by Oct. 6, closing at $36.59 per share.The agreement also includes a five-year warrant allowi ...

On CNBC's “Mad Money Lightning Round,” on Monday Jim Cramer said no to Remitly Global, Inc. (NASDAQ:RELY). “I'd rather just be in a traditional bank,” he added.JMP Securities analyst David M. Scharf, on Sept.15, maintained a Market Outperform rating for Remitly Global and lowered the price target from $32 to $23.Cramer said he doesn't like Upbound Group, Inc. (NASDAQ:UPBD).According to recent news, Upbound Group declared a quarterly cash dividend of 39 cents per share for the fourth quarter on Sept. 18.When ...

Key Points The acquisition of Britain's Less Common Metals adds an ex-China capability for metals and alloys, advancing USA Rare Earth's Western mine-to-magnet supply chain plan. Recent U.S. government investments in MP Materials and Lithium Americas signal Washington's willingness to directly support critical mineral companies. The company trades at a $3 billion market capitalization with minimal revenue, pricing in perfect execution before proving commercial output. 10 stocks we like better than U ...

In a significant shift in U.S. industrial policy, the Donald Trump administration has acquired direct ownership stakes in five major publicly traded companies. This series of interventions, framed as a national security strategy, marks a new era of government involvement in key industries to secure domestic supply chains for semiconductors, critical minerals, and steel.Trump Administration’s New PortfolioThe government’s acquisitions include a 10% stake in semiconductor giant Intel Corp. (NASDAQ:INTC), a 15 ...

Core Viewpoint - Defense Metals Corp. is advancing its Wicheeda Rare Earth Element project, which is positioned as the only REE project in North America with proven mineral reserves not yet in production, and is preparing for a Definitive Feasibility Study in 2026 [2][18]. Project Study Update - The company released a Pre-Feasibility Study (PFS) in May 2025, highlighting Wicheeda's status as the most advanced undeveloped REE project in North America and Europe [2]. - The company is conducting additional test work to optimize the plant configuration and metallurgical process flow, aiming to enhance economic benefits through downstream processing [3]. - Hatch Ltd has been engaged to determine the optimal location for the hydro-metallurgical plant, with considerations for various sites in Canada and the U.S. [4]. Relations with First Nation Partner - The company is collaborating with the McLeod Lake Indian Band, which is a key partner and shareholder, and has signed a Joint Co-Design Agreement to expedite the Wicheeda project [5]. Relations with Authorities - The company is in active discussions with Canadian and U.S. authorities regarding the project's significance for securing REE supply for electric vehicles and defense applications [6]. - The company has two grant applications under evaluation with the Critical Minerals Infrastructure Fund [7]. Strategic Partners & Financing - An MoU is in place with a potential strategic partner for a supply agreement covering a significant portion of planned output, with interest from downstream processors in North America and Europe [11]. - The company has received a Letter of Interest from Export Development Canada for potential debt financing of up to US$250 million to support Wicheeda's development [12]. - Following recent capital raises, the company is now debt-free with positive working capital [13]. Annual Meeting of Shareholders - The company announced the election of Maryanne Crichton to the Board of Directors, enhancing the board's expertise in mining and infrastructure [15]. About Defense Metals Corp. - Defense Metals Corp. is focused on developing its 100% owned Wicheeda REE property, which spans approximately 11,800 hectares and is located in British Columbia [16]. - The Wicheeda Project is strategically located near infrastructure, including hydro power and transportation routes, facilitating access to major ports [17]. - The recently completed PFS indicated robust project economics, with a pre-tax NPV of US$1.8 billion and an IRR of 24.6% [18].

Core Insights - Verde AgriTech Ltd. has delineated a continuous clay-hosted rare earth element (REE) mineralized zone in Alto Paranaíba, Brazil, covering approximately 5,500 hectares across 13 mineral rights, indicating a significant discovery in the REE sector [2][4][8] - High-grade samples from this zone show up to 8,930 ppm Total Rare Earth Oxides (TREO) and 2,182 ppm Magnet Rare Earth Oxides (MREO), with 22 samples exceeding 1,000 ppm MREO, highlighting the potential for economic extraction [2][5][7] - The presence of heavy rare earths such as dysprosium (Dy) and terbium (Tb) alongside neodymium (Nd) and praseodymium (Pr) strengthens the overall quality of the rare earth basket, essential for high-performance permanent magnets used in various advanced technologies [5][7] Exploration Highlights - The exploration results indicate a coherent and near-surface footprint with consistent NdPr tenor, which is a key early indicator for scale and relevance in the REE value chain [4][5] - The assays demonstrate a strong NdPr tenor, with an average of 743 ppm MREO across 75 surface/trench samples, and peak assays reaching 8,930 ppm TREO and 2,182 ppm MREO [7][8] - The top 10 MREO samples show dysprosium oxide ranging from 35 to 60 ppm and terbium oxide from 8 to 13 ppm, reinforcing the potential for high coercivity magnet applications [5][7] Board Review and Next Steps - The Board of Directors has initiated a formal review to determine the optimal path forward for the project, considering options such as targeted drilling, staged evaluation, and potential partnerships [8] - A comprehensive update and go-forward plan are expected to be communicated within seven days, reflecting the significance of the discovery and its potential economic implications [8]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

Speaking with CNBC on Thursday, USA Rare Earth’s (USAR) CEO Barbara Humpton confirmed the company is in “close communication” with President Doanld Trump’s administration. The mining stock rallied nearly 15% on Friday as investors believed her comment suggests the U.S. government is interested in taking an equity stake in the Oklahoma-headquartered firm. More News from Barchart Including the rally on Friday, USAR stock is trading nearly 400% above its year-to-date lows. www.barchart.com Significance o ...

Core Insights - The US Government is in discussions to acquire a stake in Critical Metals Corporation to enhance control over critical minerals, particularly focusing on the Tanbreez project in southern Greenland [1][3] - Critical Metals has amended its agreement with Rimbal to increase its ownership in the Tanbreez project from 42% to 92.5% by issuing approximately 14.5 million ordinary shares [2][3] - The transaction is pending approval from the Greenland Government, and European Lithium will maintain a 7.5% minority stake in the project [3] Financial Details - The amended agreement specifies a fixed issuance of 14.5 million ordinary shares at a price of $8 per share, with the original agreement valued at $116 million [2][3] - Critical Metals has announced a securities purchase agreement to raise $35 million through a private investment in public equity transaction to support the development of the 4.7-billion-tonne rare earth deposit at Tanbreez [4][5] Strategic Context - The US Government's interest aligns with recent efforts to secure stakes in companies that are key suppliers of critical minerals for the US market [3] - The current US government shutdown is not expected to impact negotiations as key personnel are classified as essential workers [4] - Critical Metals' CEO emphasized the growing need for heavy rare earths in the West, highlighting the strategic importance of the Tanbreez project [5][6]