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RIO vs. NGLOY: Which Stock Is the Better Value Option?
ZACKS· 2025-10-01 16:41
Investors looking for stocks in the Mining - Miscellaneous sector might want to consider either Rio Tinto (RIO) or Anglo American (NGLOY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision t ...
Lithium Americas Stock Soars as U.S. Takes 5% Stakes in Company and Mining Project
Investopedia· 2025-10-01 15:20
Core Insights - Lithium Americas (LAC) shares reached an all-time high following the announcement of a 5% stake acquisition by the U.S. government and a partnership in a significant lithium project in Nevada [1][2][3] Investment and Financial Details - The U.S. will acquire a 5% economic stake in a joint venture with Lithium Americas and General Motors (GM) for the Thatcher Pass mine [2][6] - Lithium Americas will receive $435 million from a $2.26 billion Department of Energy (DOE) loan for the project, with $182 million of debt service deferred over the first five years [4][6] Strategic Importance - The U.S. government's investment highlights the critical need for domestic lithium supply to enhance energy security and support electric vehicle production [3][4] - Energy Secretary Chris Wright emphasized that the U.S. currently produces less than 1% of the global lithium supply, making this deal vital for reducing dependence on foreign sources [4][7] Corporate Statements - Lithium Americas CEO Jonathan Evans stated that the partnership with the DOE and GM will bolster U.S. lithium production, strengthen supply chains, and create jobs [7]
Lithium Americas Stock Exploded Last Week—Here's Why
MarketBeat· 2025-10-01 13:19
Core Insights - Speculative stocks, like Lithium Americas, are gaining attention due to their potential in the electric vehicle (EV) supply chain despite not being involved in manufacturing end products [1][4] - The recent surge in Lithium Americas' stock price is attributed to the Trump administration's interest in negotiating a 10% equity stake in the company, which has led to a significant market reaction [5][7] Company Overview - Lithium Americas (LAC) has a joint venture with General Motors for the Thacker Pass lithium mine, which is the largest known lithium deposit in the U.S. and could supply up to 25% of global lithium demand [2][4] - The company’s stock price has fluctuated, with a recent price of $5.73, down 0.17% from previous values, and a 52-week range between $2.31 and $7.53 [2] Market Dynamics - The EV market is experiencing a shift, with the U.S. EV industry facing challenges while global demand remains strong, particularly in Asia Pacific [10][11] - The global EV market was valued at $1.328 trillion in 2024 and is projected to grow to $6.524 billion by 2030, indicating a compound annual growth rate (CAGR) of 32.5% [11] Strategic Developments - The Trump administration's move to negotiate a stake in Lithium Americas is seen as a strategic effort to enhance national security and reduce reliance on China for lithium processing [8][9] - The company's market cap is currently $1.39 billion, with analysts projecting a potential downside of nearly 18% from the current share price, yet the long-term outlook remains promising [12]
Canagold Resources reveals high grade antimony-gold results from concentrate testing at New Polaris project in BC
Proactiveinvestors NA· 2025-10-01 13:01
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
US to Take Stake in Lithium Americas to Boost Nevada Project
Yahoo Finance· 2025-10-01 12:39
Core Insights - The US government has agreed to acquire a 5% equity stake in Lithium Americas Corp. and a 5% stake in its Thacker Pass mining project, which is the largest lithium deposit in the country [2][4] - The agreement includes a $2.23 billion loan from the Department of Energy, with Lithium Americas set to draw $435 million of this loan [2][5] - The initiative aims to bolster domestic lithium production to reduce reliance on imports, particularly from China, and is part of a broader strategy to develop a domestic supply chain for critical metals [3][4] Company Developments - Lithium Americas is developing the Thacker Pass project in partnership with General Motors Co., which is expected to become a significant source of lithium for the domestic industry [4] - The project is projected to produce approximately 40,000 metric tons per year of battery-grade lithium carbonate once fully operational [6][7] - US-listed shares of Lithium Americas surged by as much as 43% in premarket trading following the announcement [4] Financial Aspects - The loan from the Department of Energy was slightly reduced from $2.26 billion to $2.23 billion, with $182 million of debt service deferred over the first five years [5] - The funding will support the construction of a lithium carbonate processing plant adjacent to the Thacker Pass mine, which has a total estimated investment of $2.2 billion [6]
Alpha to Announce Third Quarter 2025 Financial Results on November 6
Prnewswire· 2025-10-01 12:00
Core Points - Alpha Metallurgical Resources, Inc. plans to announce its third quarter 2025 financial results on November 6, 2025, before market opens [1] - A conference call to discuss the results will be held at 10:00 a.m. Eastern time on the same day, featuring key executives [2] - The conference call will be accessible live on the company's investor website, with specific dial-in numbers provided for analysts [3] Company Overview - Alpha Metallurgical Resources is a Tennessee-based mining company operating in Virginia and West Virginia, supplying metallurgical products to the global steel industry [4]
Western Star Resources Announces Preliminary Due Diligence of Nevada Assets Reveals Strong Historical Data; Completion Expected Within 20 Day Advancing U.S. Critical Minerals Strategy
Thenewswire· 2025-10-01 12:00
Core Insights - Western Star Resources Inc. is conducting a preliminary due diligence review of The Real American Corp, revealing strong historical data that highlights the project's high-grade potential and strategic value. The full due diligence process is expected to be completed within 20 days, after which the company plans to move towards a definitive agreement for acquisition [1][2]. Group 1: Company Overview - Western Star is a resource exploration company focused on advancing its flagship gold and silver project in Canada while expanding into the U.S. with an emphasis on strategic critical minerals [3]. - The company is committed to responsible exploration and development, aligning its asset portfolio with U.S. government priorities to secure domestic supplies of minerals essential for defense, energy, and advanced manufacturing [3]. Group 2: The Real American Corp - The Real American Corp is a privately held mining company with a focus on critical mineral assets, particularly tungsten, in Nevada. The company utilizes AI technology to evaluate high-potential assets across North America [4]. - The project includes historical samples with assays reporting up to 5.12% WO₃, significantly higher than the North American average of approximately 0.3% WO₃ [5]. Group 3: Strategic Importance - The Real American Corp aligns with U.S. government directives aimed at securing a domestic tungsten supply, a resource critical to national security, with no U.S. commercial production since 2015 and global supply dominated by China (approximately 85%) [2]. - The project is located in a prolific district recognized for tungsten-bearing skarn deposits, near the historic Springer Tungsten Mine, with multiple underexplored outcrops and mineralized zones that present exploration upside [5].
Appia Announces Next Stage of Transaction in PCH REE Project
Newsfile· 2025-10-01 11:30
Toronto, Ontario--(Newsfile Corp. - October 1, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce that further to its press releases dated September 2, 2025 and September 23, 2025, due diligence by Ultra Rare Earth Inc. ("Ultra) has been satisfactorily completed, in connection with the binding term sheet dated August 29, 2025 (the "Binding Term Sheet") between the Company, Beko Invest Ltd. ("Beko"), Anton ...
Talon Metals Expands Drilling Fleet at Tamarack as Fall and Winter 2025/2026 Exploration Program Advances the Vault Zone
Newsfile· 2025-10-01 11:30
Talon Metals Expands Drilling Fleet at Tamarack as Fall and Winter 2025/2026 Exploration Program Advances the Vault ZoneMichigan drilling operations are being transitioned to the Vault Zone at Tamarack expanding the ongoing Vault Zone program; Boulderdash delineation advancing successfully and set to continue after 2026 spring break-upOctober 01, 2025 7:30 AM EDT | Source: Talon Metals Corp.L'Anse, Michigan--(Newsfile Corp. - October 1, 2025) - Talon Metals Corp. (TSX: TLO) (OTCID: TLOFF) (tog ...
US DoE restructures deal with Lithium Americas for critical minerals
Yahoo Finance· 2025-10-01 11:12
Core Points - The US Department of Energy (DoE) has restructured its deal with Lithium Americas Corporation (LAC) to acquire a 5% equity stake in the company and a separate 5% stake in the Thacker Pass lithium project joint venture with General Motors, aimed at countering China's control of the lithium market [1] - The restructuring was executed by the Loan Programs Office (LPO), which incorporated warrants into the collateral package for a loan, enhancing the loan's resilience and mitigating repayment risks for taxpayers [2] - The updated agreement includes over $100 million (C$139.28 million) in new equity to support the project [2] - The government's stake in the Thacker Pass project aligns with US President Donald Trump's agenda to secure access to North America's largest confirmed lithium deposit, with the US producing less than 1% of the global lithium supply [3] - The updated financial agreement aims to reduce dependence on foreign sources for critical minerals and strengthen domestic supply chains, fulfilling President Trump's promises [4] - The facility at Thacker Pass is projected to produce approximately 40,000 tonnes per year of battery-grade lithium carbonate, supporting lithium-ion battery manufacturing and contributing to the goal of onshoring production [5]