TORONTO, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSXV: EMO) (the “Company” or “Emerita”) announces that the amended credit agreement (the “Loan Agreement”) with Nebari Natural Resources Credit Fund II, LP (the “Lender” or “Nebari”) pursuant to which a fourth tranche of USD$35,000,000 will be made available as a standby loan to the Company (the “Upsized Loan”) has been approved by the TSX Venture Exchange (the “TSXV”). Please see the Company’s press release dated September 4, 2025 for addi ...

VANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to announce that, following the final resolution of all legal matters relating to its Macusani Uranium Project in Peru (“Macusani”), as announced by the Company on December 3, 2025, the Company is initiating the process to spin-out Macusani into an independent public company for the benefit of all shareholders. With the Company’s Per ...

Morgan Stanley sets a price target of $53 for FCX, indicating an 11.47% potential upside.The Rosen Law Firm announces a class action lawsuit for investors who purchased FCX securities between February 15, 2022, and September 24, 2025.FCX's current stock price is $47.55, with a year's trading range between $49.12 and $27.66.Freeport-McMoRan Inc. (NYSE: FCX) is a leading mining company known for its significant copper, gold, and molybdenum reserves. As a major player in the mining industry, FCX competes with ...

Morgan Stanley maintains an "Overweight" rating for FCX, raising its price target to $53 from $44.Freeport-McMoRan faces a securities fraud lawsuit, with a deadline for lead plaintiff application set for January 12, 2026.The company's stock price shows slight volatility with a current trading price of $47.55, indicating active investor interest and a strong market position.Freeport-McMoRan (NYSE:FCX) is a leading mining company known for its significant copper and gold production. The company operates large ...

Summary of Conference Call Notes Industry Overview - The conference call focused on the **China Materials** industry, particularly in relation to **lithium**, **copper**, and **aluminum** sectors, as well as companies like **CATL**, **Zijin Mining**, and **Chalco** [1][2][3]. Key Insights 1. **Investor Sentiment on Lithium**: - There is significant interest in lithium due to a recent price rally driven by strong expectations in **Energy Storage Systems (ESS)**. Most investors are bullish on lithium [2][3]. - A cautious near-term outlook is suggested due to a slowdown in **Electric Vehicle (EV)** sales since November, which may impact battery production in Q1 2026E. A more constructive view is expected post-Chinese New Year (CNY) when demand is anticipated to increase [2][4]. 2. **Copper and Aluminum Market**: - Investors show little push-back on copper and aluminum stocks, with a preference for aluminum over copper at current price levels. **Zijin Mining** received the most follow-up inquiries from investors [2][4]. - The aluminum market is expected to remain tight in 2026E, which is supportive for prices and margins. The potential risks associated with aluminum supply are believed to be underappreciated by the market [4]. 3. **Company-Specific Insights**: - **CATL** is highlighted as the most well-owned name among US investors, with discussions around its risk/reward profile being favorable. It is considered to have the lowest risk among ESS-related investments [2][4]. - Other companies mentioned include **China Hongqiao**, **Ganfeng Lithium**, **Guangzhou Tinci Materials Technology**, **Hunan Yuneng New Energy Battery Material**, and **Yunnan Energy New Material**, which are seen as having potential upside in a rising price environment [4][7]. 4. **Market Dynamics**: - The call noted a shift in investor behavior, with many now open to adding selective Chinese equities to their portfolios. This marks a change from previous meetings where the focus was more on sector read-throughs and channel checks [3][4]. Additional Considerations - The report emphasizes the importance of understanding the implications of **China's anti-involution policies** on the materials sector, although specific details were not elaborated [1][2]. - The overall sentiment indicates a positive outlook for the battery price up-cycle into 2026E, with expectations of stronger ESS demand driving market dynamics [4]. Companies Mentioned - **CATL** (Contemporary Amperex Technology Co Ltd) - **Zijin Mining Group Co Ltd** - **Aluminum Corporation of China** - **China Hongqiao** - **Ganfeng Lithium** - **Guangzhou Tinci Materials Technology** - **Hunan Yuneng New Energy Battery Material** - **Yunnan Energy New Material** [7].

December 15, 2025 11:03 PM GMT China Materials | Asia Pacific 2026 Outlook – Up-cycle Continues Supportive macro environment and some supply disruptions are supporting commodity prices. Energy storage demand remains strong. We prefer aluminum, copper, gold, lithium, and cobalt equities in this environment. Supportive macro environment and supply disruptions are supporting commodity prices: Our global strategy team expects the USD Bear Regime to continue, weakening the DXY another 5% into 1H26 before rebound ...

Summary of Mining Equities Conference Call Industry Overview - **Sector Performance**: In 2025, mining equities outperformed equity benchmarks, primarily driven by gold and copper, while ferrous metals and energy remained flat or declined [1][15] - **2026 Outlook**: Expectations for copper, aluminium, and lithium to outperform due to supply constraints and energy transition, with a cautious view on traditional end markets in developed economies [2][15] Key Commodities Insights Copper - **Market Dynamics**: The medium-term outlook for copper remains bullish, with expectations of market tightness in 2026 due to limited growth in global mine output and a deficit in refined output [3][4] - **Investment Opportunities**: Freeport is highlighted as a top pick due to its discounted valuation and expected production recovery at the Grasberg mine [4][23] Aluminium - **Demand vs Supply**: The outlook for aluminium is mixed; while demand holds up, supply constraints are expected, particularly from China and developed markets [5][24] - **Investment Recommendation**: A buy recommendation for Norsk Hydro is reiterated, with expectations of stable operations and potential cash returns [8][24] Gold - **Market Sentiment**: Gold remains a consensus macro trade, with equities delivering strong returns in 2025. However, valuations are less compelling than at the start of the year [9][22] - **Top Picks**: Barrick and Newmont are identified as top picks, with potential for further catalysts in 2026 [10][22] Iron Ore - **Price Forecast**: The medium-term outlook for iron ore is bearish, with prices expected to stabilize around $100/t in the short term and decline to $90/t by 2027 due to increased supply from Simandou [11][20] Coal - **Market Conditions**: Met coal prices have risen above $200/t due to demand and supply disruptions, while thermal coal remains stable at $110/t [12][20] Diversified Miners - **Performance Comparison**: Vale outperformed in the bulks sector, while RIO and BHP performed in line with benchmarks. A preference for RIO over Vale and BHP is noted due to better growth prospects [13][25] Earnings and Price Target Changes - **Adjustments**: Earnings estimates and price targets have been adjusted based on commodity price forecasts, with notable upgrades for copper miners like FCX and KGHM [28][29] Conclusion - **Investment Strategy**: The report emphasizes a selective investment approach in mining equities, focusing on commodities with strong fundamentals and potential for price gains, particularly copper, aluminium, and gold [2][15][22]

CITI'S TAKE Flash | 12 Dec 2025 04:06:50 ET │ 16 pages China Materials 2025 On-ground Demand Monitor Series #176 – Thermal Coal Production and Inventory Citi Research is a division of Citigroup Global Markets Inc. (the "Firm"), which does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in ...

The Canadian government has approved Anglo American’s acquisition of Teck, clearing the way for the creation of a $50 billion metals giant focused on copper mines in Chile and Peru https://t.co/haBlJYrAJV ...

Core Viewpoint - The merger between Teck Resources Limited and Anglo American plc has received regulatory approval from the Government of Canada, establishing a new entity named Anglo Teck, aimed at becoming a global leader in critical minerals with significant investments in Canada [1][3][4]. Commitments and Investments - Anglo Teck is committed to investing at least C$4.5 billion in Canada within the next five years, contributing to a total of at least C$10 billion over 15 years [2][12]. - Specific projects include the Highland Valley Copper mine life extension with an expected capital investment of C$2.1 to C$2.4 billion, and up to C$850 million for enhancing critical minerals processing capacity at Trail Operations [13][14]. - Anglo Teck will also advance the development of the Galore Creek and Schaft Creek copper projects with capital expenditures of up to C$750 million [14]. Corporate Structure and Governance - Anglo Teck will have its headquarters in Vancouver, Canada, with a significant majority of its senior management based in Canada, including key executive positions [6][9]. - A substantial proportion of the board of directors will be Canadian, ensuring local representation [9]. Environmental and Social Commitments - The new entity will uphold leading environmental and social practices, honoring existing agreements with Indigenous communities and promoting responsible mining [10][19]. - Anglo Teck plans to invest at least C$200 million in initiatives supporting Indigenous governments and communities [16]. Strategic Importance - The merger is positioned to enhance Canada's role in the global critical minerals market, aligning with government economic strategies and creating benefits for various stakeholders [4][5]. - The establishment of a Global Institute for Critical Minerals Research and Innovation is part of the commitment to foster research and development in the sector [21].