Core Viewpoint - RecycLiCo Battery Materials Inc. and Alaska Energy Metals Corp. have signed a Memorandum of Understanding to explore the use of RecycLiCo's hydrometallurgical processing technology for refining metal concentrates from AEMC's Nikolai deposit in Alaska, which contains several critical minerals [2][4]. Company Overview - RecycLiCo specializes in critical minerals refining and lithium-ion battery upcycling, utilizing advanced hydrometallurgical technologies to recover valuable materials from end-of-life batteries and manufacturing scrap [5]. - Alaska Energy Metals Corp. focuses on sustainably delivering critical materials for national security and energy needs, with its flagship Nikolai project located in Alaska, which is well-positioned to become a significant domestic source of strategic metals [6][8]. Partnership Details - The partnership will begin with AEMC supplying metal concentrate samples and related data to RecycLiCo's U.S. subsidiary, RUMR, for testing the recovery of nickel and other metals [3]. - If successful, the collaboration aims to develop a co-located hydrometallurgical processing facility at the Nikolai project site, enhancing domestic processing capabilities for critical minerals [3][4]. Strategic Importance - This collaboration aligns with U.S. national objectives to strengthen domestic critical mineral supply chains, particularly in light of geopolitical tensions and reliance on foreign entities for essential materials [4]. - The partnership is seen as a crucial step in addressing the supply chain gap in mid-stream processing of critical minerals in North America [4].

Corporate Events - In February 2025, the company was granted a permit for a drill program on the Green Monster property in Clark County, Nevada [6] - In April 2025, the company contracted Midnight Sun Drilling Inc. to conduct the drill program at Green Monster [6] - In May 2025, drilling began with an initial plan of five holes [6] - In July 2025, assay results revealed a new zone of polymetallic mineralization with high-grade zinc over 30% and significant silver, nickel, cobalt, and copper values [6] - In August 2025, the company shifted its exploration focus to the new mineralization zone for Phase 2 [6] Wildhorse Project - The Wildhorse Property consists of 61 mineral claims covering 1,220 acres (494 hectares) in Mineral County, Nevada [9] - In May 2025, the company staked 45 mineral claims representing 900 acres (364 hectares) in Mineral County [6] - In September 2025, assay results from Phase 1 exploration returned 11.2 g/t gold and 11.35 g/t silver, along with strong tungsten-bismuth anomalies [6] Current & Next Steps - The company is awaiting assays for platinum, palladium, and rare earth elements from Green Monster [13] - Drill selection and permitting for Phase 2 at Green Monster is underway, targeting up to eight holes totaling 2,000 feet [13] - Staking of 30 additional claims at Wildhorse is in progress [13] - A consultant has been retained to produce geological maps for the Wildhorse Project [13] - An application for a permit to conduct trenching at the Coca Cola Zone at Wildhorse has been submitted [13] Company Overview - Glenstar Minerals Inc. focuses on polymetallic minerals essential for electronics and energy technologies [10] - The company trades on multiple exchanges: CSE under "GSTR", Frankfurt Stock Exchange under "VO20", and OTCQB in the USA under "GSTRF" [10]

Core Insights - RecycLiCo Battery Materials Inc. has become a founding member of the Minerals for National Automotive Competitiveness Collaboration (MINAC), aimed at enhancing the development and procurement of American-sourced critical minerals for automotive manufacturing [1][2][3] Group 1: Collaboration and Objectives - The partnership includes industry leaders such as Lucid, Alaska Energy Metals, Graphite One, and Electric Metals, focusing on establishing a circular supply chain for critical minerals [1][2] - MINAC aims to advance domestic mineral production through offtake agreements for American critical minerals, identify barriers to commercialization, and improve coordination between the mining and automotive sectors [7] Group 2: Technological Contribution - RecycLiCo's advanced hydrometallurgical process is recognized for its ability to recover high-purity, battery-ready materials from newly-mined ore, manufacturing scrap, and end-of-life batteries, contributing to onshore sourcing of essential materials [2][5] - The collaboration is a response to the global trading environment's realignment and governmental initiatives promoting reliance on domestic sources, validating and scaling RecycLiCo's technology [3] Group 3: Leadership and Events - CEO Richard Sadowsky will participate in a roundtable event in Washington, D.C., alongside notable political figures, to discuss the collaboration's launch [4]

Core Insights - Aqua Metals, Inc. is showcasing its innovative lithium battery recycling technology at NAATBatt's Eighth Annual Workshop, emphasizing its scalable, cost-effective, and safer alternative to traditional hydro recycling methods [1][3][6] Company Overview - Aqua Metals operates an Innovation Center in the Tahoe-Reno Industrial Center, producing battery-grade lithium carbonate, nickel, and cobalt products at a commercial pilot scale [2] - The company claims its recycled lithium carbonate output is among the highest in North America from a true closed-loop battery recycling process [2] Technology and Benefits - The proprietary AquaRefining™ technology offers a novel solution that enhances worker safety, economic efficiency, and environmental performance compared to traditional hydro-based recycling processes [3][4] - This clean recycling technology supports the reshoring of critical minerals processing, contributing to American job growth and economic resilience [4] Event Details - The exclusive tour of Aqua Metals' facility will take place on July 31, 2025, providing workshop participants with insights into advanced lithium battery recycling operations [1][6] - The NAATBatt Annual Workshop will gather industry leaders to discuss innovations in lithium battery reuse, recycling, and market development [6] Product Highlights - The facility has produced various products, including battery-grade lithium carbonate, cobalt metal, nickel metal, and mixed hydroxide precipitate (MHP) [9] - The pilot plant has accumulated over 4,000 hours of operational runtime, showcasing significant reductions in waste streams and improved economic efficiencies [9]

Core Viewpoint - American Battery Technology Company (ABTC) has been awarded the "Outstanding Contribution to Recycling & Reuse in Battery Materials" at the Fastmarkets Voltas Awards, highlighting its competitive edge in battery recycling technology and commitment to enhancing economic resilience and energy security in the U.S. [1][2][13] Group 1: Award Recognition - ABTC was recognized among 20 global competitors for its advancements in battery recycling technology [2][3] - The award emphasizes the company's role in reshaping the battery raw materials supply chain and promoting sustainability [2][12] Group 2: Technological Advancements - ABTC has developed innovative recycling technologies and launched commercial operations at its first lithium-ion battery recycling facility [3][6] - The facility employs a closed-loop system that minimizes waste, reduces water consumption, and limits air pollution [3][5] Group 3: Recycling Process - The recycling operation consists of two phases: demanufacturing and hydrometallurgy, producing valuable products such as copper, aluminum, and battery-grade lithium hydroxide [4][5] - This integrated process enhances recovery rates and reduces operating costs by removing impurities early in the recycling process [5] Group 4: Future Expansion - ABTC is constructing a second recycling facility designed to process 100,000 tonnes annually, increasing its recycling capacity fivefold [6] - This expansion is supported by a $144 million investment from the U.S. Department of Energy [6] Group 5: Workforce Development - The company collaborates with local universities to develop the workforce, preparing future engineers and scientists through internships and hands-on projects [7][11] - This initiative contributes to job creation and strengthens expertise in critical mineral manufacturing and recycling [10]

Core Insights - Carpenter Technology Corporation reported its most profitable quarter in company history with an operating income of $137.8 million and earnings per diluted share of $1.88 for the fiscal third quarter ended March 31, 2025 [1][5][7] - The company exceeded its previous guidance for operating income and raised its fiscal year 2025 guidance to a range of $520 million to $527 million, representing a nearly 50% increase over fiscal year 2024 [3][4][5] Financial Performance - The company generated net sales of $727.0 million for the third quarter, an increase of $42.1 million (or 6%) compared to $684.9 million in the same quarter of fiscal year 2024 [6][17] - Adjusted operating income was $137.8 million, up 53% year-over-year, with an adjusted operating margin of 29.1% in the Specialty Alloys Operations segment, compared to 21.4% in the previous year [5][6][34] - The Specialty Alloys Operations segment achieved operating income of $151.4 million, exceeding expectations and up 46% year-over-year [4][5] Cash Flow and Share Repurchase - The company generated $34.0 million in adjusted free cash flow during the quarter, despite a discretionary pension contribution of $38.0 million [4][8] - Carpenter Technology repurchased $37.5 million in shares during the quarter, bringing total repurchases for the fiscal year to $77.8 million under its $400.0 million share repurchase program [4][9] Future Outlook - The company anticipates generating $250 million to $300 million in adjusted free cash flow for fiscal year 2025 and expects operating income for the fourth quarter to be between $146 million and $153 million [5][6] - Looking beyond fiscal year 2025, Carpenter Technology aims for operating income of $765 million to $800 million in fiscal year 2027, representing an approximate 25% compound annual growth rate (CAGR) over the two-year period [4][5][6]