Authored by Dylan Baddour via Inside Climate News (emphasis ours),Major oil companies are drilling in East Texas again, but not for oil. This time, they're after lithium for batteries and other rare elements.Chevron and Halliburton announced East Texas projects this summer. Exxon has acreage across the border in Arkansas. Smackover Lithium, a joint venture of a Norwegian oil giant and a Canadian miner, announced in late September the discovery of the most lithium-rich fluids ever reported in North America, ...

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas†or the "Company†) announced today that the Company has received its first drawdown of $435 million from its $2.23 billion guaranteed loan from the U.S. Department of Energy ("DOE†) Loan Programs Office ("LPO†) under the Advanced Technology Vehicles Manufacturing ("ATVM†) Loan Program (the "DOE Loan†) to finance the construction of the processing facilities at Thacker Pass ...

Vancouver, British Columbia--(Newsfile Corp. - October 20, 2025) - SPOD LITHIUM CORP. (CSE: SPOD) (OTCQB: SPODF), (the "Company" or "SPOD") is pleased to announce its intention to upsize its previously-announced private placement offering to up to 25,000,000 units (each, a "Unit") at a price of $0.02 per Unit for aggregate gross proceeds of up to $500,000 (the "Offering"). Each Unit shall consist of one common share in the share capital of the Company (each, a "Common Share") and one (1) Common Share purch ...

Accessibility StatementSkip Navigation Unlocking Shaakichiuwaanaan's maiden Mineral Reserve and a key step towards final mine authorisation Highlights Continue Reading Figure 1: Sensitivity Analysis (+/- 20%) (CNW Group/PMET Resources Inc.) Figure 2: Plan view of CV5 Pegmatite geological model – all lenses. (CNW Group/PMET Resources Inc.) Figure 3: Property Location (CNW Group/PMET Resources Inc.) Figure 4: Open Pit and Underground Mined Tonnes (CNW Group/PMET Resources Inc.) Figure 5: Processing Schedule ( ...

VANCOUVER, British Columbia, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE.A: SLI), a leading near-commercial lithium company, has closed its previously announced underwritten public offering (the “Offering”) of 29,885,057 common shares (the “Common Shares”) at a price of US $4.35 per Common Share (the “Issue Price”) for aggregate gross proceeds to the Company of approximately US $130 million. The Offering was conducted through a syndicate of ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

West Vancouver, British Columbia--(Newsfile Corp. - October 20, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to provide an update on the progress of its 2025 drilling program at the Nevada North Lithium Project ("NNLP") and to highlight its strategic engagement with Cassidy & Associates in light of evolving U.S. federal policy support for the domestic battery supply chain.2025 Drill ProgramSurge is currently executing a nine-hole core drill ...

Flash | 16 Oct 2025 10:30:46 ET │ 9 pages China Battery Materials +852-2501-2739 anna.d.wang@citi.com Jimmy Feng Lithium into 3rd week of Oct – Lithium inventory re-validates robust battery demand CITI'S TAKE SMM weekly dataset suggests that weekly lithium output was up by 2%, within that brine-based lithium output increased by 7% WoW on Zangge's brine resumption, and weekly lithium inventory was down by 2% WoW. We also notice that the 12,213 units of lithium warehouse receipt ("仓单") in GFEX were cancelled ...

Core Viewpoint - The U.S. government's recent equity stakes in publicly traded companies, particularly under the Trump administration, set a potentially dangerous precedent for Wall Street and investors, raising concerns about conflicts of interest and market manipulation [4][12][14]. Group 1: Government Investments - The Trump administration has taken equity stakes in four public companies: Intel, MP Materials, Lithium Americas, and Trilogy Metals, without a financial emergency, which is unprecedented [4][5]. - The investment in Intel amounts to $8.9 billion, representing a 9.9% stake, with additional warrants allowing for further investment [5][6]. - The Department of Defense (DOD) has made significant investments in MP Materials, establishing it as the largest shareholder and securing a 10-year offtake agreement for magnets produced at a new facility [7][8]. - The Department of Energy (DOE) has taken a 5% stake in Lithium Americas, which operates a major lithium mine, and in a joint venture with General Motors [9]. - Trilogy Metals received a $35.6 million investment from the DOD, with the government purchasing over 8.2 million shares [10][11]. Group 2: Market Implications - The government's involvement in these companies may create a perception of confidence in the semiconductor and rare-earth metals industries, but it also raises concerns about the implications for market dynamics and investor trust [12][18]. - The investments have led to significant stock price increases for the involved companies, but this may not reflect genuine market demand or need for capital [17][18]. - The potential for conflicts of interest is heightened, as government officials may influence company decisions while holding equity stakes, undermining the principles of fair market competition [14][15][16].

Core Insights - ExGen Resources Inc. has signed a binding letter of intent to acquire three lithium properties in Nevada, significantly expanding its lithium interests in the region [1][3][7] - The acquisition includes the Spark South property, adjacent to Surge Battery Metals Inc.'s Nevada North Lithium Project, which is known for its high-grade lithium resources [1][4][7] - The deal also encompasses the Libra and Augusta lithium projects, providing exposure to additional lithium districts in Nevada [3][11] Company Overview - ExGen Resources Inc. is focused on accelerating project development through joint ventures and partnerships, aiming to reduce technical and financial risks while maintaining upside potential [9] - The company currently holds seven projects across Canada and the U.S., with a strategic emphasis on lithium resources in Nevada [9] Acquisition Details - The Binding LOI involves acquiring the Spark South property (409 claims), Libra lithium project (107 claims), and Augusta lithium project (32 claims), along with a 1.5% NSR on mineral production from 111 claims [3][11] - ExGen will issue 21 million shares to the vendors, with 18 million shares distributed to the vendor's shareholders post-closing, and a cash payment of CAD $125,000 [11][12] Market Context - The lithium sector in Nevada has gained significant investor interest, particularly due to developments like Lithium Americas Corp.'s Thacker Pass project [2][7] - ExGen's CEO believes that the Elko County lithium district represents one of the highest-grade lithium opportunities in North America, with potential for significant industry development [6][7]