Summary of Fluor (NYSE:FLR) FY Conference Call - November 12, 2025 Company Overview - Fluor is a global engineering, procurement, and construction company, primarily known for its work in the oil and gas sector but has diversified into other areas such as LNG, power generation, chemicals, mining, advanced technologies, life sciences, and infrastructure projects [5][11][39]. Core Points and Arguments Business Model Evolution - Fluor has shifted its bidding strategy from a high-risk lump sum model to a focus on reimbursable contracts, with 99% of new awards being reimbursable last quarter and 80%-85% of total backlog being reimbursable [16][14]. - The company has centralized risk management to improve visibility and control over project bidding and execution [15]. Market Dynamics - The competitive landscape in the construction industry is changing, with fewer players in the diversified construction space, allowing Fluor to consider re-entering markets like power generation [17][18]. - Fluor is exploring opportunities in the power market, particularly in sophisticated projects that allow for a "smart lump sum" approach [18]. Nuclear Power Initiatives - Fluor is exiting its investment in NuScale, having invested $500 million over the years, and plans to liquidate its 111 million share stake by mid-Q1 2026 [26][29]. - The company is involved in two nuclear projects in Romania and is considering re-engagement in the U.S. nuclear market, particularly with the VC Summer project [35][37]. Mining and Metals Growth - Fluor sees significant growth potential in the mining sector, particularly in copper and rare earths, with expectations for several projects to reach Final Investment Decision (FID) by 2026 [39][42]. - The company is currently engaged in front-end engineering for over 90% of its mining prospects, indicating a strong pipeline of future work [44]. Life Sciences Sector - The life sciences business has been a major earnings driver, with a significant project for Lilly contributing to growth. Fluor anticipates more opportunities in this sector as clients seek to establish manufacturing facilities in the U.S. [50][51]. - Trade policy has been a concern, impacting clients' decisions on large investments [52]. Financial Outlook - Fluor is projecting an increase in EBITDA as legacy projects conclude, allowing for redeployment of resources to more profitable projects [57]. - The company plans to buy back $800 million in stock, partially funded by the conversion of its NuScale investment, with an expected EBITDA to cash conversion rate of 60%-70% [70][72]. Other Important Insights - The company is navigating challenges in the mining sector due to past management changes and market volatility, but sees a favorable environment for new projects [46][47]. - Fluor's diversified portfolio strategy is aimed at mitigating risks associated with traditional markets, allowing it to adapt to changing market conditions [65]. This summary encapsulates the key points discussed during the conference call, highlighting Fluor's strategic shifts, market opportunities, and financial outlook.

●Letter of Intent sets out terms for the acquisition of SuperCritical Technologies, a developer of technologies for the extraction of uranium and critical metals from seawater.●American-developed technology to become a powerful driver of domestic supply of nuclear fuels and critical metals for energy, technologies and defense.●US-DOE developed technology is proven to extract uranium and other critical metals from seawater cost-competitively.●The Trump Administration has pledged to quadruple nuclear energy ...

Accessibility StatementSkip Navigation VANCOUVER, BC, Nov. 12, 2025 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce a comprehensive three-year, US$25 million exploration program designed to unlock the district-scale, high-grade gold potential across its wholly owned Campo Morado and Tahuehueto mining operations in Mexico. Key Highlights Program Overview Over 80,000 metres of surface and underground diamond drilling are planned to ...

Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Cascadia Minerals Ltd. (TSXV: CAM) (OTCQB: CAMNF) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in London. Graham Downs, President & CEO of Cascadia Minerals Ltd. will be presenting about the Company's recent and future planned activities. 121 Mining Investment London will be hosting over 150 mining companies and more than 500 sophisticated investors for two days of pre-arranged, targe ...

NMG Provides a Quarterly Update on the Advancement of its Phase-2 North American Graphite Production Share The Honourable Tim Hodgson, Canada's Minister of Energy and Natural Resources, and Eric Desaulniers, NMG's Founder, President, and CEO, executed binding supply and marketing term sheets establishing a multiyear framework for an aggregate of 30,000 tpa of graphite concentrate from the Phase-2 Matawinie Mine, including a 15,000 tpa take-or-pay commitment by the Government of Canada, with the balance to b ...

Asia Insights Global Markets Research Economics - Asia ex-Japan China: Both CPI and PPI improved in October CPI inflation climbed to 0.2% y-o-y in October from -0.3% in September, above expectations (Consensus: -0.1%; Nomura: 0.0%). PPI deflation softened to -2.1% y-o-y in October from -2.3% in September, largely in line with expectations (Consensus: -2.1%; Nomura: -2.3%). Despite the improvement, the underlying drivers may not be sustainable enough to reflate the economy. The CPI gain was largely driven by ...

Core Insights - Osisko Metals Incorporated announced new drill results from the Gaspé Copper Project, highlighting significant mineralization and potential resource expansion [1][2][31] Summary by Category Drill Results - Drill hole 30-1115 reported 33.0 metres averaging 1.28% Cu and 8.89 g/t Ag, indicating high-grade mineralization within the C Zone skarn horizon [5][9] - Drill hole 30-1117 showed 779.0 metres averaging 0.26% Cu, extending mineralization to a vertical depth of 991 metres [10] - Drill hole 30-1118 revealed 555.9 metres averaging 0.20% Cu, with additional deeper intersections [11] - Drill hole 30-1123 recorded 313.5 metres averaging 0.23% Cu and 220.5 metres averaging 0.20% Cu, indicating both infill and expansion potential [12] - Drill hole 30-1126 demonstrated 804.0 metres averaging 0.24% Cu, extending mineralization to a vertical depth of 1033 metres [14] - Drill hole 30-1128 encountered 330.6 metres averaging 0.46% Cu, including a high-grade interval of 14.5 metres averaging 2.51% Cu [16][17] Resource Expansion - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and test for deeper and lateral expansions [22] - The Gaspé Copper Project hosts significant undeveloped copper resources, with current Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [31] Geological Context - Mineralization at Gaspé Copper is characterized as porphyry copper/skarn type, with various mineralizing events recognized throughout the system [20] - The drilling strategy involves targeting altered calcareous stratigraphy, intersecting key skarn horizons that host the bulk of the disseminated copper mineralization [23]

MONTREAL, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the “Company or "Osisko Metals") (TSX: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. New analytical results are presented below (see Table 1), including 35 mineralized intercepts from ten new drill holes. Infill intercepts are located inside the 2024 MRE model (see November 14, 2024 news release), and are focused on upgrading i ...

LSEG Workspace用户可以搜寻CFTC寻找最新数据： 即使鲍威尔早前发话，指由于美国政府停摆因此经济数据搜集有难度，因此12月并不一定再降息 而导致美股异常波动， 但从期货市场看，大致还是认为12月会降息(如果12月不减则1月减)。 另一方面上周市场对AI股票估值的突然担忧拖垮美股，市场传闻称特朗普儿子在AI股大跌前购入 了当时价值数千期美元纳斯达克的看跌期权，相信近期资产价格出现急跌是有预谋的部署，毕竟 要先将资产减持后再进而打压价格，才能在在更低位买回。 上周不但金矿股股价有见底迹象，美元金价也爬升回4000美元左右水平。这周市场情绪会非常重 要，但金价有可能已经见底，目前在4000美元上下波动50美元的范围整固。 另外有意思的是，中国商务部公布，由11月开始，中国的钨、锑及白银出口将会变为审查配额+联 合审批制；而上周特朗普也宣布，将铜、铀、煤及白银列为美国的战略金属——在中美两国都开 始提高对白银的重视，未来白银不会单单是黄金的"穷表弟"，他还会多了一份战略金属的双层身 份，相信白银将来(跟之前比)可被看高一线。 从基本面，只要特朗普明年能拿下美联储，那金价明年便会继续有上涨空间，而目前表迹 ...

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...