Core Viewpoint - American Salars Lithium Inc. has completed a second sampling program at its Jaguaribe Project in Brazil, which covers 18,083 hectares and includes lithium, rare earth elements, and critical minerals [1][2]. Group 1: Project Overview - The Jaguaribe Project is located in the Ceará state of Brazil and features extensive lithium and rare earth element-bearing pegmatite dykes [2]. - Initial Phase 1 sampling returned lithium oxide (Li2O) grades of up to 3.72%, along with cesium (554.5 ppm), tantalum (135 ppm), and niobium (177 ppm) [2]. - The project area has historical artisanal mining sites previously mined for lithium, tantalum, and tin, indicating a favorable geological setting for exploration [4]. Group 2: Sampling and Analysis - Fourteen pegmatites were identified and sampled during the latest program, with samples sent for advanced multi-element analysis covering 56 elements [3][11]. - The samples are being analyzed using the ICP OES/ICP-MS method, with over-limit values to be further analyzed by the ICP OES ICP 90A method [3]. Group 3: Geological Characteristics - The pegmatites vary in width from 0.5 m to 15 m and exhibit consistent directional trends, suggesting potential for significant mineralization [5]. - The topography and land use at the Jaguaribe Property are conducive to exploration activities, characterized by arid farmland and no rain forest [4]. Group 4: Future Plans - Phase 2 sampling will target additional LCT pegmatite locations to further assess the project's potential [4]. - The company is optimistic about the results from the advanced analysis and the overall potential of the Jaguaribe region [3].

Core Viewpoint - Stardust Power Inc. has announced a public offering of common stock expected to raise approximately $4.3 million to support its operations and working capital [1][3]. Group 1: Offering Details - The offering consists of 21,500,000 shares of common stock priced at $0.20 per share [2]. - Aegis Capital Corp. has been granted a 45-day option to purchase up to 15% additional shares to cover over-allotments [2]. - The transaction is expected to close on or about June 18, 2025, pending customary closing conditions [3]. Group 2: Use of Proceeds - The net proceeds from the offering, along with existing cash, will be used for general corporate purposes and working capital [3]. Group 3: Company Overview - Stardust Power Inc. is focused on developing battery-grade lithium products to enhance America's energy leadership and is building a lithium processing facility in Muskogee, Oklahoma, with a capacity of up to 50,000 metric tons per annum [6].

Report Summary 1. Report Industry Investment Rating - The report does not provide an industry investment rating. 2. Core View of the Report - The cost of lithium carbonate continues to decline, and lithium prices may remain weak [1]. 3. Summary by Relevant Catalogs Fundamentals Tracking - **Futures Market Data**: For the 2507 contract, the closing price was 60,240, with a change of -460 compared to T - 5; the trading volume was 84,735, a decrease of 84,736 from T - 1; the open interest was 126,023, down 21,409 from T - 1. For the 2509 contract, the closing price was 59,780, a change of -1,180 compared to T - 5; the trading volume was 218,180, an increase of 41,022 from T - 1; the open interest was 300,422, up 33,491 from T - 1. The warehouse receipt volume was 32,043, a decrease of 75 from T - 1 [1]. - **Base - related Data**: The spot - 2507 was 260, a change of -450 compared to T - 1; the spot - 2509 was 720, a change of -130 compared to T - 1; the 2507 - 2509 basis was 460, a change of 320 compared to T - 1; the electric carbon - industrial carbon was 1,600, with no change from T - 1; the spot - CIF was 2,699, an increase of 218 from T - 1 [1]. - **Raw Material Data**: The price of lithium spodumene concentrate (6%, CIF China) was 624, a decrease of 5 from T - 1; the price of lithium mica (2.0% - 2.5%) was 1,225, with no change from T - 1 [1]. - **Lithium Salt Data**: The price of battery - grade lithium carbonate was 60,500, a decrease of 150 from T - 1; the price of industrial - grade lithium carbonate was 58,900, a decrease of 150 from T - 1; the price of battery - grade lithium hydroxide (micropowder) was 65,100, a decrease of 350 from T - 1 [1]. - **Industry Chain Related Data**: The price of lithium iron phosphate (power type) was 30,405, a decrease of 70 from T - 1; the price of lithium iron phosphate (mid - high - end energy storage type) was 28,900, a decrease of 90 from T - 1; the price of lithium iron phosphate (low - end energy storage type) was 26,650, a decrease of 30 from T - 1 [1]. Macro and Industry News - **Price Information**: The SMM battery - grade lithium carbonate index price was 60,424 yuan/ton, a decrease of 276 yuan/ton compared to the previous working day; the average price of battery - grade lithium carbonate was 60,500 yuan/ton, a decrease of 150 yuan/ton compared to the previous working day; the average price of industrial - grade lithium carbonate was 58,900 yuan/ton, a decrease of 150 yuan/ton compared to the previous working day [2]. - **Company News**: Dazhong Mining's wholly - owned subsidiary, Dazhong New Energy, received a reply from the Ministry of Natural Resources, confirming that the mineral resource reserves review and filing of the "Lithium Ore Exploration Report for the 0 - 80 Lines of the Jiada Mining Area in Barkam City, Sichuan Province" passed. As of February 28, 2025, the proven resource of the first - mining area of the Sichuan Jiada lithium mine was 230,000 tons of metal oxides, with an ore volume of 15.34 million tons and an average grade of 1.51%; the controlled resource was 180,000 tons of metal oxides, with an ore volume of 13.82 million tons and an average grade of 1.34%. The resource ore volume of the first - mining area was 43.44 million tons, the LiO2 mineral volume was 600,000 tons, the average grade was 1.38%, and the equivalent lithium carbonate was approximately 1.48 million tons, exceeding the company's expectations [4]. - **Policy News**: The Ministry of Ecology and Environment issued an announcement stating that starting from August 1, 2025, qualified recycled black powder raw materials for lithium - ion batteries are not considered solid waste and can be freely imported. Recycled black powder raw materials cannot be mixed with other types of recycled raw materials, and different types of recycled raw materials cannot be declared under the same customs declaration form. Imported recycled black powder raw materials are not allowed to be in bulk, and different categories of recycled black powder raw materials should be placed separately [4]. Trend Intensity - The trend intensity of lithium carbonate was 0, indicating a neutral trend. The trend intensity ranges from -2 to 2, with -2 being the most bearish and 2 being the most bullish [4].

VANCOUVER, British Columbia, June 16, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”) is pleased today to announce a significant strengthening of its financial position and the continuation of its strategic national marketing initiative. As a result of recent exercises of warrants and options by warrant holders and insiders, the treasury has been bolstered by over $4.5 million. This substantial increase in capital provides a solid foundation for Fo ...

Core Insights - Stardust Power Inc. has signed a Memorandum of Understanding (MOU) with Ohio University to collaborate on advanced lithium extraction and refining technologies, particularly focusing on Direct Lithium Extraction (DLE) [1][2][3] - The partnership aims to enhance research on domestic lithium processing innovations, with Stardust Power providing industry expertise and support [2][3] - This collaboration is expected to secure lithium brine feedstock for Stardust Power's lithium refinery in Muskogee, Oklahoma, which is projected to produce up to 50,000 metric tons of battery-grade lithium annually [3][5] Company Overview - Stardust Power is an American developer of battery-grade lithium products, committed to building resilient supply chains to bolster America's energy leadership [5] - The company is focused on sustainability throughout its processes and is publicly traded on Nasdaq under the ticker symbol "SDST" [5] Strategic Goals - The partnership reflects a commitment to workforce development and educational excellence, aiming to cultivate the next generation of engineers and scientists in lithium extraction and advanced battery technologies [4] - The collaboration is positioned to support U.S. energy independence and meet the growing demand for domestic battery materials [4]

USA | Chemicals Equity Research June 12, 2025 Lithium Value Chain Survey: Soft Conditions Likely Spill Into Q3 Our survey of lithium converters (90% of sales in China) and battery material producers (62%) suggests a mixed picture: softness in prices accelerates into Q3; battery volumes are up YoY, in contrast to soft converter volumes and weak sales expectations. Battery producers appear skeptical of order books. Inventories are weak, with converters flagging the need for a restock. The debate shifts to whe ...

Flash | 12 Jun 2025 11:04:04 ET │ 9 pages China Battery Materials Lithium into 2nd week of Jun – If not now, when? CITI'S TAKE Lithium price stabilized and slightly rebounded by 1% during the week, after its free fall since the Liberation Day whereas QTD ASP was down by 13% QoQ. We reiterate that lithium price should touch the near-term trough and the upside risk here is higher than the downside one (see catalyst watch), as most of the lithium names should already be under loss-making, indicating the offlin ...

| 元原期货 | | | 碳 酸 ª 译 20250612: 国内碳酸锂6月供给预期偏松, 国内碳酸锂社会库存量环比增加 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 交易日期(日) | 2025-06-11 | 2025-06-10 | 2025-06-05 | 较昨日变化 | 近两周走势 | | | 近月合约 | 收盘价 | 61700.00 | 61000.00 | 60140.00 | 700.00 | | | | 连一合约 | 收盘价 | 61680.00 | 60760.00 | 60100.00 | 920.00 | | | | 连二合约 | 收盘价 | 61740.00 | 60980.00 | 60480.00 | 760.00 | | | | 连三合约 | 收盘价 | 61740.00 | 60980.00 | 60540.00 | 760.00 | | | | | 收盘价 | 61680.00 | 60760.00 | 60100.00 | 920.00 | | | 砖酸锂期货 | | 成交堂(手) | ...

ROUYN-NORANDA, Quebec, June 11, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to provide a brief update to shareholders as regards ongoing work by Brunswick Exploration Inc. (BRW-TSXV, BRWXF-OTCQB) on Globex’s Lac Escale royalty claims, a part of Brunswick’s Mirage project ...

Group 1 - The author has a background in private credit and commercial real estate (CRE) mezzanine financing, indicating expertise in financial analysis and investment strategies [1] - The author has collaborated with prominent CRE developers, suggesting a strong network and industry knowledge that could influence investment decisions [1] Group 2 - The article does not provide specific investment recommendations or financial advice, emphasizing the author's personal opinions and research [2][3][4] - There is no indication of any current stock or derivative positions held by the author, which may suggest an unbiased perspective in the analysis presented [2]