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Rio Tinto gains control of Nemaska, eyes $300M investment
MINING.COM· 2026-02-18 16:22
An aerial view of Nemaska Lithium’s Whabouchi mine. Credit: Nemaska Lithium. Rio Tinto (ASX, LSE, NYSE: RIO) said it plans to invest more than $300 million this year to expand its lithium business in Quebec after assuming control of Nemaska Lithium.Following successive equity injections over the past year, Rio now holds 53.9% of Nemaska, compared with 46.1% for the Quebec government, according to a company statement Wednesday. Quebec has agreed to invest up to $200 million in Nemaska through equity subscrip ...
Rio Tinto takes majority control of Canada's Nemaska Lithium
Reuters· 2026-02-18 14:34
Rio Tinto takes majority control of Canada's Nemaska Lithium | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Rio Tinto logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies[Nemaska Lithium Inc]Follow[Rio Tinto PLC]Follow[Rio Tinto Ltd]FollowFeb 18 (Reuters) - Rio Tinto [(RIO.L), opens new tab], [(RIO.AX), opens new tab] said on Wednesd ...
Lithium Chile Receives US $5 Million Deposit Toward Sale of Salar de Arizaro Project, Argentina
Thenewswire· 2026-02-18 13:00
TSX Venture Exchange: LITHOTC-QB: LTMCFCALGARY, ALBERTA – TheNewswire - February 18, 2026 - Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that it has received a US $5,000,000 deposit from China Union Holdings Limited (“CUH”) in connection with the previously announced sale of its Arizaro project through the disposition of the Company’s Argentinian subsidiary, Argentum Lithium S.A. (the “Transaction”).The deposit has been received in satisfaction of one of the closing conditio ...
Surge Continues to Encounter Robust Lithium Grades Including 31M Intercepts at 4196 PPM Li from Surface in a 640M Step Out to the SE
TMX Newsfile· 2026-02-17 12:00
West Vancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5)  (the "Company" or "Surge") is pleased to announce that Nevada North Lithium LLC (NNL), the joint venture formed by Surge and Evolution Mining Limited (Evolution), has reported assay results from the Nevada North Lithium Project (NNLP). The initial focus of this news release details the successful step-out holes along the western, southwestern, and southeastern edges of ...
Top U.S. General Joins the Fight for Rare Earth Security
Yahoo Finance· 2026-02-16 11:00
Core Insights - The merger between REalloys and Blackboxstocks Inc. aims to establish North America's first industrial-scale heavy rare-earth processing and metallization platform, crucial for the U.S. defense supply chain [7][8][15] - REalloys has secured long-term agreements to access significant heavy rare earth outputs, positioning itself to meet the growing demand for defense and high-performance applications while avoiding reliance on Chinese sources [2][5][10] Group 1: Supply Chain and Production - SRC has secured feedstock for five years, with plans to further lock down upstream supply as commercial operations scale [1] - REalloys is set to secure 80% of SRC's expanded annual production, projected to include approximately 45 tonnes of dysprosium and terbium oxide, and 400-600 tonnes of high-purity NdPr metal by early 2027 [2] - The industrial core of this effort is REalloys' metallization facility in Euclid, Ohio, which will process rare-earth oxides into finished metals and alloys domestically [3] Group 2: Strategic Partnerships and Initiatives - REalloys has formed alliances with various companies to secure rare-earth feedstock from projects in Brazil, Greenland, and Kazakhstan, enhancing its supply chain diversity [9][10][11][12] - The U.S. Export-Import Bank has launched a $10 billion critical minerals initiative, with REalloys already securing a letter of interest for up to $200 million, indicating strong governmental support for domestic supply chains [5] Group 3: Defense and Industrial Applications - The production of rare-earth metals and alloys is critical for U.S. defense systems, underpinning various technologies such as magnets, motors, and guidance systems [6] - Retired General Jack Keane's appointment to the REalloys board highlights the strategic importance of rare-earth metallization in U.S. defense planning [8][15] Group 4: Market Context and Competitors - MP Materials Corp. is a key player in the North American rare earth market, focusing on vertical integration and securing long-term agreements to support its operations [16][17][18] - Other companies like Albemarle Corporation and Freeport-McMoRan are also positioning themselves strategically within the critical minerals space, emphasizing the importance of supply chain resilience and diversification [19][22][27]
Stria Lithium Inc. Announces Non-Brokered Private Placement of up to $1,000,000
TMX Newsfile· 2026-02-13 12:48
Core Viewpoint - Stria Lithium Inc. is initiating a non-brokered private placement to raise up to $1,000,000 for advancing its mineral exploration assets and operations, as well as for general working capital purposes [1][2]. Financing Details - The company plans to issue up to 2,380,952 units at a price of $0.42 per unit, aiming for total gross proceeds of up to $1,000,000 [1]. - Each unit will include a warrant allowing the holder to purchase one additional common share at an exercise price of $0.52 for three years from issuance [2]. Insider Participation - Certain insiders may participate in the financing, which will be considered a related party transaction. This participation is expected to be exempt from formal valuation and minority shareholder approval requirements under MI 61-101 [3]. Use of Proceeds - Proceeds from the financing will be allocated towards the advancement of mineral exploration assets, potential future acquisitions, and general working capital [2]. Regulatory Compliance - The financing is subject to acceptance by the TSX Venture Exchange, and all securities issued will be subject to a statutory hold period of four months and one day [4]. Company Overview - Stria Lithium is focused on developing Canadian lithium reserves to meet the growing demand for electric vehicles and lithium-ion batteries [5]. - The company is committed to responsible exploration and development of its mining assets [5]. Project Details - Stria's Central Pontax Lithium Project spans 36 square kilometers and is located in the Canadian "Lithium Triangle," a significant area for hard rock lithium mining in North America [6]. - The project has a maiden JORC-compliant inferred mineral resource estimate of 10.1 million tonnes at 1.04% Li2O [6][7]. Joint Venture - Cygnus Metals is fully funding a two-stage exploration and drilling program at Stria's Pontax property, with a maximum budget of $10 million and potential cash payments of up to $6 million to Stria [8]. - Cygnus has already earned a 51% interest in the property by fulfilling stage 1 requirements [8]. Industry Context - The North American lithium industry is experiencing growth due to government support for the green energy revolution and the shift towards electric vehicles, presenting significant opportunities for investors [9]. Commitment to ESG - Stria is dedicated to exceeding environmental, social, and governance standards, aiming to build meaningful relationships with local communities and stakeholders [10].
Sigma Lithium Announces Additional Sale of 150,000t plus 350,000t Optional of High Purity Lithium Fines; Production-Backed Revolver of US$96 Million
TMX Newsfile· 2026-02-13 11:00
HIGHLIGHTS The Company announces the sale of 150,000 tonnes of high purity lithium fines at US$140/t upon warehouse delivery at the port of Vitoria. The agreement includes an option to sell an additional 350,000 tonnes at market prices.Sigma Lithium is pleased to report that the resumption of production cadence initiates client payments to the Company under the working capital revolver (of US$96 million) backed by 70,500 tonnes of high-grade lithium oxide concentrate to be supplied in 2026.São Paulo, Brazi ...
Albemarle Losses Narrow and Guidance Was Great. The Stock Rallied.
Barrons· 2026-02-12 21:13
Albemarle Losses Narrow and Guidance Was Great. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Albemarle Losses Narrow and Guidance Was Great. The Stock Rallied.By [Al Root]ShareResize---ReprintsIn this article[ALB][SPX][DJIA]Sacks of lith ...
Frontier Lithium (OTCPK:LITO.F) Conference Transcript
2026-02-12 15:32
Frontier Lithium (OTCPK:LITO.F) Conference February 12, 2026 09:30 AM ET Company ParticipantsBora Ugurgel - Manager of Investor RelationsModeratorWelcome to Virtual Investor Conferences. On behalf of OTC Markets, we're very pleased you joined us for the third day of our Precious Metals and Critical Minerals Conference. The first presentation today is from Frontier Lithium. Please note, you may submit questions for the presenter in the box to the left of the slides, and you can view a company's availability ...
Albemarle(ALB) - 2025 Q4 - Earnings Call Transcript
2026-02-12 14:02
Albemarle (NYSE:ALB) Q4 2025 Earnings call February 12, 2026 08:00 AM ET Company ParticipantsEric Norris - Chief Commercial OfficerJohn Roberts - Managing DirectorKent Masters - Chairman and CEOMeredith Bandy - VP of Investor Relations and SustainabilityNeal Sheorey - CFOConference Call ParticipantsColin Rusch - Managing Director and Senior Research AnalystDavid Begleiter - Managing Director and Senior Equity Research AnalystJeffrey Zekauskas - Managing Director and Senior Equity Research AnalystJoel Jackso ...