Flash | 31 Mar 2026 11:29:25 ET │ 10 pages CMOC (3993.HK) Takeaways from Chairman Meetings after FY25 Results CITI'S TAKE Jimmy Feng, CFAAC +852-2501-7588 jimmy.feng@citi.com We hosted meetings with CMOC after its FY25 results in HK on 31st Mar. Mr. Liu Jianfeng, Chairman and CIO, Mr. Xu Hui, Board Secretary, and Ms. Laura Zhang, IR Director, presented at meetings. The unit sulfur consumption is ~1t sulfur per ton of copper output, and CMOC purchases sulfur from traders that sourcing sulfur from various reg ...

Vancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Makenita Resources Inc. (CSE: KENY) (WKN: A40X6P) (OTCID: KENYF) (the "Company" or "Makenita") is pleased to announce that it has joined the Canadian Association of Defence and Security Industries (CADSI) in support of advancing the Company's critical and strategic mineral portfolio.CADSI is the national voice of Canada's defence, security, and cyber sectors and plays a key role in fostering collaboration between industry, government, and mili ...

TORONTO, March 31, 2026 (GLOBE NEWSWIRE) -- Mink Ventures Corporation (TSXV:MINK) (“Mink” or the "Company") today announced that, it has received a grant of $93,365.81 from the Government of Ontario, through its Ontario Junior Exploration Program (OJEP), to support the critical minerals exploration work at Mink’s Warren nickel (Ni), copper (Cu), cobalt (Co) Project. The Warren property covers 1,130 hectares of land, located in Whitesides Township, approximately 35 km west of Timmins, Ontario, and is just so ...

Core Viewpoint - Edison Lithium Corp. has clarified details regarding its property option agreement with Globex Mining Enterprises Inc. to acquire a 100% interest in specific gold and copper properties, subject to a 3% Gross Metal Royalty retained by Globex [1][3]. Group 1: Transaction Details - The deemed price for common shares to be issued in connection with the transaction will be no less than $0.12 per share, aligning with the discounted market price as per TSX Venture Exchange policies [2]. - The Joutel North-West gold property comprises 46 mineral claims, while the Gagne gold and copper property consists of 24 mineral claims, both subject to a 3% gross metals royalty in favor of Globex [3]. - An amendment to the agreement has removed the requirement to issue shares within 30 days, allowing the company to issue $150,000 worth of common shares at a deemed price of $0.12 per share upon acceptance by the TSX Venture Exchange [4]. Group 2: Compliance and Reporting - The company has shortlisted qualified geological consultants to conduct a site visit and prepare a technical report on the properties, adhering to National Instrument 43-101 standards [5]. - All other information disclosed in the previous news release dated March 2, 2026, remains unchanged [6]. - The transaction is still subject to acceptance by the TSX Venture Exchange [7]. Group 3: Company Overview - Edison Lithium Corp. is a Canadian junior mining exploration company focused on the procurement, exploration, and development of cobalt, lithium, alkali, and other energy metal properties, aiming to build a portfolio of quality assets for the battery industry [9].

23 March 2026 Global Metals & Mining Global Metals & Mining: 2026 Walls of Supply Bob Brackett, Ph.D. +1 917 344 8422 bob.brackett@bernsteinsg.com Andrianto Guntoro +44 20 7676 6825 andrianto.guntoro@bernsteinsg.com Understanding the progress of large/important mining projects is integral to our framework in analyzing the sector. In this note, we analyze hundreds of projects across twelve commodities which have the potential (reserves & resources) to contribute more than 1% of current demand. Commodity up-c ...

Core Viewpoint - Fuse Battery Metals Inc. has received extensions from the TSX Venture Exchange to complete its financing and reverse take-over transaction, which has already received shareholder approval and conditional acceptance from the Exchange [1][9]. Financing and Transaction Details - The Company has been granted an additional 30-day extension to complete its subscription receipt financing and an additional 90 days to finalize the reverse take-over transaction [1]. - The shares of the Company are currently halted from trading until the completion of the transaction, as per Exchange policy [2]. Company Overview - Fuse Battery Metals Inc. is a Canadian exploration company focused on high-value metals essential for battery manufacturing, trading under the symbol FUSE on the TSX Venture Exchange [2]. - The Company owns a 100% interest in the Glencore Bucke Property and the Teledyne Project, both located near Cobalt, Ontario [3][4]. Property Details - The Glencore Bucke Property spans 16.2 hectares and is adjacent to the former Agaunico Mine, which produced significant amounts of cobalt and silver from 1905 to 1961 [4]. - The Teledyne Property consists of 5 patented mining claims totaling 79.1 hectares and 46 unpatented mining claim cells, totaling approximately 700 hectares, with good accessibility [5]. - Over CAD$25 million has been invested in the Teledyne Property, resulting in valuable infrastructure, including a development ramp and a modern decline [6]. Historical Context - The Agaunico Mine, located near the Glencore Bucke Property, produced a total of 4,350,000 lbs of cobalt and 980,000 oz of silver, making it the largest producer in the Cobalt Mining Camp [4][7].

Core Insights - The company is focusing on a faster regulatory and development pathway for deep seabed minerals under the U.S. permitting regime, moving away from reliance on the International Seabed Authority [5][6] - The company has reported significant economic outputs from its studies, including a combined estimated net present value of $23.6 billion and projected revenues of approximately $369 billion [6] - The company is developing a potential nodule processing hub in Texas, with a pre-feasibility study underway for a 12 million tonnes per annum capacity [9][12] Regulatory and Environmental Developments - The company is nearing completion of its environmental impact statement process, supported by a large environmental data set built over 15 years [2] - A consolidated application submitted to NOAA was deemed "substantially compliant," with expectations for a commercial recovery permit within the next 12 months [4] - The company's consolidated application has expanded the expected commercial recovery area from 25,000 square kilometers to approximately 65,000 square kilometers [3] Financial Performance - For Q4 2025, the company reported a net loss of $40.4 million, attributed to increased general and administrative expenses [17] - Free cash outflow for Q4 was $11.5 million, with a total of $43.1 million for the full year 2025 [18] - The company reported a year-end 2025 cash balance of $117.6 million, with liquidity expected to be about $154 million by March 31, 2026 [16] Strategic Partnerships and Operations - The company has reached a commercial agreement with Allseas for the development of the "Hidden Gem" offshore system, designed for a nominal capacity of 3 million tonnes per annum [7] - Management is exploring tolling options for the Texas processing hub and has secured an exclusive right over a potential lease option at the Port of Brownsville [9][11] - The company has joined the Defense Industrial Base Consortium to support supply chain vulnerabilities in the defense sector [15]

Company Leadership Changes - Talon Metals Corp. has appointed Juan Andrés Morel as Chairman of the Board, succeeding Henri van Rooyen, who has stepped down after many years of service [1][4] - Mr. Morel has over 30 years of mining industry experience and is currently the Executive Vice President and Chief Operating Officer at Lundin Mining [2] - Mr. van Rooyen has led Talon for over a decade, significantly advancing the Tamarack Nickel-Copper Project and overseeing the acquisition of the Eagle Mine and Humboldt Mill [3][4] Company Overview - Talon Metals is a TSX-listed base metals company focused on high-grade nickel-copper assets in the United States, including 100% ownership of the Eagle Mine and Humboldt Mill, the only primary nickel mine currently operating in the U.S. [5] - The Tamarack Nickel-Copper-Cobalt Project, in which Talon has a joint venture with Rio Tinto, covers a large land position with additional high-grade intercepts outside the current resource area [5] - Talon has received significant funding, including a US$114.8 million grant from the U.S. Department of Energy and a US$20.6 million grant from the U.S. Department of War to support exploration efforts [5]

Company Financing Update - Clean Air Metals has been approved for up to $200,000 in government funding through the Ontario Junior Exploration Program (OJEP) to advance work on the 2.5 km long Escape down-plunge target, where it recently intersected 53 meters of resource-grade mineralization in the initial exploration hole [2][3] Strong Fundamentals for PGE and Copper Markets - Despite recent global economic uncertainty affecting commodity prices, record prices for gold and platinum, along with a recovery in palladium prices, indicate strong underlying fundamentals. The demand for platinum and palladium is supported by tight primary supply from South Africa and Russia, while copper demand is driven by electrification and energy transition initiatives [4] Project Development and Exploration Update - The company is advancing critical aspects of the Thunder Bay North project, including updating the stand-alone mill business case, preparing for a new metallurgical test program, initiating design discussions for site access road and power infrastructure with First Nations communities, and engaging with government agencies for future funding opportunities [5][6] Social Engagement - Clean Air Metals acknowledges the historical significance of the Thunder Bay North Critical Minerals Project area, which includes territories of local First Nations and the contributions of the Métis Nation of Ontario. The company is committed to fostering respectful relationships with Indigenous communities [10][11] Project Overview - The Thunder Bay North project, located 40 km northeast of Thunder Bay, Ontario, hosts two deposits with a combined indicated mineral resource of 13.8 million tonnes containing 2.4 million platinum equivalent ounces. The project is positioned to become a secure source of rare platinum metals and other critical metals for the North American manufacturing sector [8][9]

He also cited a reduction in historical volatility tied to operating mine plans moving in and out of royalty areas. Over the past five years, management said critical minerals portfolio contribution has increased approximately 650% from 2020, starting from a low base.Bishop Lafleche said Ecora’s critical minerals exposures represented the majority of full-year portfolio contribution for the first time, which he framed as a structural change in the company’s underlying cash flow profile. He contrasted the lo ...