Imerys freezes UK lithium project to focus on France | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]- Companies[Imerys SA]FollowPARIS, Feb 19 (Reuters) - Imerys [(IMTP.PA), opens new tab] has frozen its project to develop lithium production in Britain to focus on a more advanced venture in France, the minerals group said on Thursday.The Imerys British Lithium project in Cornwall, southwest England, has aimed to produce over 20,000 ...

“Given the typical challenges faced by companies like ours – namely junior mining companies – in developing a project of this scale and complexity, securing the support of sovereign and supranational partners is essential, as it brings greater access to industry players, financial institutions, financing bodies and downstream partners,” says Kenny.The project is fully permitted, with mining, environmental and access rights secured, and its social and labour plan has been approved by both local and national ...

5E Advanced Materials (NasdaqGS:FEAM) Q2 2026 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsPaul Weibel - CEOOperatorGood afternoon. Thank you for joining us today for 5E Advanced Materials fiscal second quarter conference call. During this call, management will be referencing our Form 10-Q that can be found in the Investor Relations section of our website. For a copy of our Form 10-Q, you may contact PRA Communications at team@pracommunications.com or go to our Investor Relations page on ...

5E Advanced Materials (NasdaqGS:FEAM) Q2 2026 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsPaul Weibel - CEOOperatorGood afternoon. Thank you for joining us today for 5E Advanced Materials fiscal second quarter conference call. During this call, management will be referencing our Form 10-Q that can be found in the investor relations section of our website. For a copy of our Form 10-Q, you may contact PRA Communications at team@pracommunications.com or go to our investor relations page on ...

The global borates market remains structurally tight with Turkey controlling approximately 70% of global reserves and approximately 65% of global production. Turkey is to boron what China is to rare earths. The U.S. legacy supply continues to face rising costs, declining grades, and limited flexibility, while demand for boron-based materials continues to expand across energy transition technologies, advanced manufacturing, national defense, and high-performance glass and ceramics. What has become increasing ...

5E Advanced Materials (NasdaqGS:FEAM) Q2 2026 Earnings call February 17, 2026 05:00 PM ET Speaker0Good afternoon. Thank you for joining us today for 5E Advanced Materials fiscal second quarter conference call. During this call, management will be referencing our Form 10-Q that can be found in the Investor Relations section of our website. For a copy of our Form 10-Q, you may contact PRA Communications at team@pracommunications.com or go to our Investor Relations page on our website. As a reminder, the remar ...

Core Insights - South America is positioned to become a cornerstone for the West's strategic realignment of critical mineral supply chains [1] - The research highlights the potential of Argentina, Brazil, Chile, and Peru in the context of supply chain rebalancing opportunities [1] Industry Analysis - Verisk Maplecroft's study evaluates ten emerging markets with significant reserves of cobalt, copper, graphite, lithium, nickel, and rare earth elements [1] - The region possesses abundant critical mineral reserves, which are essential for various industries, including technology and renewable energy [1] Political and Economic Considerations - The study notes the presence of resource nationalism and political risks in South America, which could impact the stability of mineral supply chains [1]

Core Viewpoint - Tivan has made significant advancements in its critical minerals portfolio, highlighted by high-grade fluorite results from the Sandover drilling campaign, a strategic partnership with Sumitomo Corporation, and the completion of the Molyhil acquisition [1][4][9]. Group 1: Sandover Fluorite Project - Tivan's initial drilling at the Sandover Fluorite Project revealed ultra high-grade calcium fluoride (CaF2) intersections, with the best result being 3.4m at 71.7% CaF2 from 36.8m [2] - Additional notable intercepts include 20.3m at 18.9% CaF2 from 24m (including 6.2m at 37.7% CaF2) and 15.5m at 22.4% CaF2 from 56.5m (including 5.4m at 32.1%) [2] - Mineralisation was also intercepted at 8m at 25.1% CaF2 from 34m (including 4.5m at 41.6% CaF2), indicating wider mineralisation at depth than initially mapped [3] Group 2: Strategic Partnerships - Tivan has established a Memorandum of Understanding (MoU) with Sumitomo Corporation to advance the Sandover project, supporting development and potential offtake pathways for acidspar production [4] - The collaboration is expected to enhance metallurgical work, which has shown favorable conditions for acidspar production with low levels of deleterious elements [4] Group 3: Future Plans and Resource Estimates - Tivan plans to commence a Stage Two RC drilling program in April 2026, consisting of 58 holes for a total of 6,825m to further delineate the resource [5] - The Mineral Resource Estimate (MRE) for the Speewah Fluorite Project has been upgraded by 16% to 43.2 million tonnes at 8.3% CaF2, containing 3.588 million tonnes of CaF2, with a significant high-grade component of 9.6 million tonnes at 20.6% CaF2 [6][7] Group 4: Molyhil Acquisition - Tivan completed the 100% acquisition of the Molyhil tungsten-molybdenum project for $8.75 million, adding a resource of 4.647 million tonnes at 0.26% WO3 and 0.09% Mo [9] - A drilling program of 13 holes for approximately 1,950m is planned to commence in March 2026 to explore for resource expansion at Molyhil [9] - Tivan is targeting a Final Investment Decision for Molyhil in Q4 2027, supported by deferred payments totalling $5.25 million [10] Group 5: Funding and Support - Tivan's growth is supported by strong partnerships and funding initiatives, including a joint venture with Sumitomo Corporation and JOGMEC, with initial equity investment from Japan Fluorite Corporation for feasibility studies [11] - The company has secured government grants, including an IPCM grant of $7.4 million for feasibility and DFS studies for Speewah, and is engaging with Export Finance Australia for potential debt funding [12]

Core Viewpoint - Antimony Corporation announces a joint venture with Americas Gold and Silver Corporation to build a new hydromet processing facility in Idaho, enhancing its position in the critical minerals market [1] Group 1: Joint Venture Details - The joint venture will construct a state-of-the-art hydromet processing facility on land adjacent to Americas' active silver, copper, and antimony mines [1] - The ownership structure of the joint venture is 51% Americas Gold and Silver Corporation and 49% Antimony Corporation, with Antimony Corporation acting as the managing member [1] Group 2: Company Positioning - Antimony Corporation is recognized as a leading producer and processor of antimony, zeolite, and other critical minerals [1] - The company is noted for being the only fully integrated antimony company outside of China and Russia [1]

Financial Data and Key Metrics Changes - For Q1 2026, the company reported a net income of $0.43, a significant improvement from a net loss of $0.57 in the same period last year [4] - Adjusted EBITDA doubled to $65 million, and the leverage ratio improved to 3.6 times, down from 5.3 times year-over-year [4][20] - The midpoint of the full-year adjusted EBITDA guidance was raised to $224 million, reflecting solid results in the salt business [4] Business Line Data and Key Metrics Changes - In the salt segment, operating earnings improved to $14.33 per ton, up 22% year-over-year, with total salt volumes increasing by 37% [17] - The plant nutrition segment saw operating earnings increase by approximately $9 million, with adjusted EBITDA improving by $8 million despite a decrease in sales volume [18][19] - The average SOP sales price rose by 13% to $687 per ton, while product costs per ton declined by 2% [19] Market Data and Key Metrics Changes - The salt market is currently tight due to steady winter weather, with significant increases in sales volumes for highway de-icing and C&I parts of the business [5][18] - Highway de-icing volumes increased by 43% year-over-year, while C&I volumes rose by 14% [17] - The company anticipates that the tight market conditions will continue if winter weather remains favorable [26] Company Strategy and Development Direction - The company is focused on a "Back-to-Basics" strategy initiated in 2024, aimed at aligning operations with market demand and managing inventories effectively [8][14] - Future capital projects, including upgrades to the dryer compaction plant at Ogden, are expected to enhance operational efficiency and financial performance [14] - The company is committed to improving operational efficiencies, reducing capital intensity, and maximizing cash flow generation [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's progress, highlighting the positive momentum in both the salt and plant nutrition segments [15][43] - The company is focused on building resilience and flexibility to thrive in the long term, with ongoing improvements in financial health and operational performance [15][43] - Management acknowledged challenges related to production costs and logistics but remains optimistic about future performance [32][35] Other Important Information - The company announced the sale of its Wynyard SOP operation for $30.8 million, which is expected to allow for a greater focus on the North American SOP market [12][13] - The balance sheet continues to improve, with liquidity of $342 million at the end of the quarter [20] Q&A Session Summary Question: Is the salt market well supplied for the strong winter, or are imports needed? - Management indicated that the market is tight due to winter conditions, and while imports could be considered, the lead time for supply makes it challenging [25][26] Question: How are the plans progressing for the new mill at Goderich? - Management outlined three projects associated with the new mill, with ongoing engineering and value engineering stages [27][28] Question: What is driving up logistics costs despite higher volumes? - Management explained that logistics costs are influenced by inflationary pressures and the need to ship salt over longer distances to meet demand [31][33] Question: How is the tax situation evolving for the company? - Management discussed the impact of the Ontario mining tax settlement and the complexities of the tax situation, indicating it is still early in the year to determine cash tax implications [36][39]