Stibnite gold-antimony project in central Idaho. (Image: Amanda Stutt.) Perpetua Resources (Nasdaq, TSX: PPTA) partnered with the Idaho National Laboratory (INL) to host, commission and operate a flexible, modular pilot processing plant expected to be capable of recovering critical and defense-related minerals.The initiative — part of the Battelle Energy Alliance — is intended to demonstrate the feasibility of producing high-quality, military specification antimony trisulfide using material from Perpetua’s ...

Core Viewpoint - Geomega Resources Inc. has successfully raised $2.7 million through the exercise of financial instruments and is advancing its bauxite residue valorization technology, which presents significant opportunities in the aluminum industry [1][2]. Financial Instruments Exercises - Since September 1, 2025, the company raised $2,728,773 through the exercise of various financial instruments, resulting in the issuance of 11,991,819 common shares [2]. - Only 110,000 warrants expired on November 6, 2025, while insiders exercised all their options and warrants nearing expiry [2]. - Major shareholders, including Michael Gentile, have increased their positions by exercising their warrants [2]. Corporate Structure - The updated corporate structure includes 160,748,007 issued and outstanding shares, 6,160,000 stock options, and 16,431,350 convertible debentures [3]. Update on Recent Conferences and Bauxite Residue Opportunity - Geomega presented its multi-step processing technology at the ICSOBA and IFCURM 2025 conferences, focusing on recovering bulk metals and producing high-value metal concentrates while reducing residue volume by over 90% [4][5]. - The technology aims to minimize processing steps, maximize reagent recycling, and significantly reduce effluent generation [5]. Pilot Study and Project Developments - The pilot study for the Bauxite Residue to Resources (BR2R) Project successfully produced 20 kg of high-purity iron oxide (99.3% Fe₂O₃) and demonstrated commercial potential of 460 kg of Fe₂O₃ per tonne of bauxite residue [9][10]. - The next phase involves developing a demonstration plant as part of a joint development and demo license agreement [10]. Industry Context and Future Outlook - The aluminum industry faces challenges with increasing bauxite residue due to declining bauxite quality, creating a growing market for Geomega's technology [11]. - Geomega's approach to valorizing both legacy and fresh bauxite residue expands its total addressable market, positioning the company for future collaborations and advancements in technology [11].

Neometals’ Vanadium Recovery Project (VRP1) in Pori, Finland, has secured a conditional grant of €48.7m ($56.56m) from Business Finland. The grant, which will support the development of the project, is contingent upon the company securing the remaining equity and debt financing needed for VRP1. Neometals holds an 86.1% interest in Recycling Industries Scandinavia (RISAB), which is the sole owner of Novana, the entity responsible for developing VRP1. Previously, the company announced that the VRP1 feasib ...

Core Points - United States Antimony Corporation (USAC) is a leading producer and processor of antimony, zeolite, and other critical minerals, and is the only fully integrated antimony company outside of China [1][7] - The CEO, Gary C. Evans, will present at the Centurion One Capital 3rd Annual Bahamas Summit, highlighting the company's growth objectives for 2026 [2][3] - The summit will take place from October 28 to 29, 2025, at the Rosewood Baha Mar Hotel in Nassau, Bahamas, featuring presentations, panel discussions, and one-on-one investor meetings [3] Company Overview - USAC operates in the U.S., Mexico, and Canada, selling antimony, zeolite, and precious metals primarily in the U.S. and Canada [7] - The company processes third-party ore into various products, including antimony oxide, antimony metal, and antimony trisulfide, at its facilities in Montana and Mexico [7] - Antimony oxide is utilized in flame-retardant systems, while antimony metal is used in bearings and storage batteries [7] - The company also mines and processes zeolite at its Bear River Zeolite facility in Idaho, which has various industrial applications [7] - In 2024 and 2025, USAC began acquiring mining claims and leases in Montana, Alaska, and Ontario, Canada, to expand operations and product offerings [7]

Core Insights - Lion Rock Minerals has secured an $8.6 million strategic placement from Tronox Holdings to advance its Minta monazite and rutile project in Cameroon, resulting in Tronox acquiring 5% equity in Lion Rock [1][4]. Investment Details - Tronox will receive approximately 153 million new shares of Lion Rock at a price of $0.056 each and will provide commercial and technical services for the project [2]. - The investment is intended to accelerate drilling, resource definition, metallurgical test work, and product qualification in Cameroon [3]. Long-Term Partnership - The partnership aims to leverage Lion Rock's resource base with Tronox's mine-to-pigment capabilities, enhancing Tronox's strategic expansion into the rare earth value chain [3][5]. - Tronox's involvement is expected to create a foundation for collaboration in developing critical minerals, particularly in rare earths and titanium feedstock [4][5]. Strategic Importance - The Minta project is viewed as a significant opportunity for Tronox to advance its critical mineral strategy, particularly in rare earths and high-grade rutile [5][6]. - Tronox, a leading producer of titanium products, operates globally with a focus on mining titanium-bearing mineral sands and producing high-quality titanium feedstock materials [6][7].

Core Insights - American Antimony Corporation, operating as Xtra Energy Corporation, has reported successful results from its Phase One drilling campaign at the American Antimony Project in Nevada, confirming world-class intercepts [1] Company Summary - The drilling results establish the continuity of a minimum 3.2 km felsite dike system that hosts extensive stibnite mineralization along with associated gold [1]

Core Points - American Critical Minerals Corp. has confirmed the renewal of its 100% interest in 11 State of Utah Mineral and Minerals Salt Leases, covering approximately 7,050 acres [1] - The company also holds 1,094 Federal Lithium Brine Claims (BLM Placer Claims) [1]

Core Insights - Metallium, Ltd. has appointed Travis Langster to the Advisory Board of its U.S. subsidiary, Flash Metals USA, to enhance its commercialization efforts of the Flash Joule Heating (FJH) technology [1][2] Company Overview - Metallium specializes in extracting high-value critical minerals such as gallium, germanium, antimony, rare earth elements, and gold from various feedstocks including refinery scrap, e-waste, and monazite [1] - The company is commercializing its patented FJH technology through Flash Metals USA, which is developing its first commercial plant near Houston, Texas, with additional options in Massachusetts and Virginia [4] Appointment of Travis Langster - Travis Langster is recognized for his extensive experience in the aerospace and defense sectors, having held senior roles in the U.S. Department of Defense and contributing to the modernization of the U.S. defense industrial base [2][3] - His appointment is expected to strengthen Metallium's advisory capabilities, particularly in navigating the electronics and semiconductor supply chains [2] Strategic Importance - Langster emphasized the urgent need for the U.S. and its allies to secure sustainable supply chains for critical materials, particularly in the electronics and defense sectors [3] - Metallium's FJH technology is positioned as a transformative solution to address these supply chain challenges, supporting U.S. industrial base modernization and global supply chain resilience [3]

Core Insights - Scandium Canada Ltd. is making significant progress on the Crater Lake project, focusing on aluminum-scandium alloys and hydrometallurgical processes [1][3][11] Project Development - A brief work program was conducted in June 2025 to assess overburden thickness at the Crater Lake site, with no further field work planned for the year [1] - The company is evaluating two potential locations for a hydrometallurgical plant, one in Labrador and the other near Schefferville, Quebec, with a decision expected by the end of 2025 [2] - Metallurgical optimization work has shown a 12% reduction in concentrate transport needs while increasing scandium oxide production by 4% [3] - Scandium Canada has engaged COREM to test alternative ore concentration methods, with results anticipated by the end of 2025 [4] Financing and Partnerships - The company is actively seeking non-dilutive financing solutions, including partnerships, and has submitted two significant grant applications [6] - An equity financing deal has been completed with the Naskapi Nation of Kawawachikamach, making them a 5% shareholder, reflecting a collaborative effort in project development [7][8] Product Development - The Scandium+ division has developed two aluminum-scandium alloys for additive manufacturing in collaboration with McMaster University [8] - A patent application has been filed for aluminum alloy powders designed for 3D printing, which could enhance performance and structural integrity across various industries [9] Strategic Vision - The company aims to become a market leader in scandium while promoting responsible economic practices through innovation and agility [12]

Core Viewpoint - TMC The Metals Company has experienced a significant increase in stock price, driven by positive market momentum and favorable analyst coverage, despite some sell-offs in the latter half of the trading week [1][2][4]. Group 1: Stock Performance - TMC's stock closed the week up 3.8%, outperforming the S&P 500 index, which rallied by 3.4% [1]. - The stock has risen 44% over the last month, largely due to bullish market sentiment and a major investment from Korea Zinc [2]. - Following Wedbush's upgrade of TMC's rating from neutral to outperform, the stock saw a significant increase in trading activity [5]. Group 2: Market Dynamics - Positive macroeconomic indicators, including potential interest rate cuts by the Federal Reserve, have contributed to a bullish market outlook [4]. - A ceasefire between Israel and Iran has also provided a favorable geopolitical backdrop, enhancing investor sentiment [4]. Group 3: Analyst Coverage - Wedbush raised its one-year price target for TMC from $6 to $11 per share, indicating a potential upside of approximately 61.5% [5]. - The positive analyst coverage has played a crucial role in boosting TMC's stock performance [5]. Group 4: Regulatory Environment - The U.S. is increasing its domestic mineral production capabilities amid geopolitical tensions with China, which may benefit TMC [6]. - TMC still faces regulatory hurdles but the overall conditions appear to be improving for the company [6].