Core Viewpoint - Morien Resources Corp has entered into a strategic partnership with a large U.S.-based regional crushed stone operator to explore long-life crushed stone opportunities in Atlantic Canada [1][3]. Group 1: Strategic Partnership - The partnership aims to leverage Morien's regional expertise and relationships to unlock the potential of high-quality mineral resources in Atlantic Canada for domestic and export infrastructure markets [2][3]. - The collaboration is expected to capitalize on Atlantic Canada's strategic location, deep-water access, and high-quality stone resources to meet rising infrastructure demands in Canada and the eastern U.S. [3]. Group 2: Project Development - A granite project in Nova Scotia has advanced to formal technical and stakeholder engagement, with environmental and permitting groundwork underway [4]. - A limestone project in Newfoundland is progressing through due diligence, including early-stage technical and commercial assessment [4]. Group 3: Financial Terms - Under the strategic partnership agreement, Morien will receive milestone payments upon successful permitting of designated projects and is entitled to a competitive production royalty on future sales [5]. - The partner will reimburse Morien's time and expenses associated with each project, aligning with Morien's focus on disciplined project selection and a partner-driven business model [5]. Group 4: Future Updates - The company expects to provide further updates as milestones are achieved within this new aggregate initiative [6].

Core Viewpoint - Sky Quarry Inc. has signed a non-binding Letter of Intent with R & R Solutions Inc. to expand its waste-to-energy facilities and enhance revenue opportunities in the Southwest [1][4] Group 1: Partnership and Strategic Expansion - The partnership will focus on deploying Sky Quarry's proprietary equipment and processes at R & R Solutions' site in Albuquerque, New Mexico [2] - This collaboration aims to produce high-value byproducts such as asphalt-coated limestone, sand, granules, bitumen, and structural-grade ground shingles for various applications [2][3] - The partnership is seen as a strategic step for both companies, with R & R Solutions leveraging its experience in responsible recycling practices [4] Group 2: Revenue Generation and Processing Capacity - Sky Quarry expects to generate revenue from both accepting asphalt shingle waste and selling recovered byproducts [3] - The New Mexico site is estimated to process approximately 100,000 tons of asphalt shingle waste annually, potentially generating significant revenue from collection fees and sales of recycled materials [3] - The feedstock could yield up to 150,000 barrels of oil when fully refined, representing additional revenue potential [3] Group 3: Operational Efficiency and Market Position - The Albuquerque region is strategically located near Sky Quarry's PR Spring facility in Utah, which will serve as a hub for hydrocarbon extraction [4] - The integration of operations across both sites is expected to accelerate deployment, reduce capital intensity, and improve supply chain logistics for recovered oil products [4] - This collaboration is anticipated to drive stronger margins and long-term value for both companies [4]

Financial Performance - Company reported revenues of $91.3 million in Q1 2025, an increase of $19.6 million or 27.3% compared to $71.7 million in Q1 2024, driven by higher sales volumes and average selling prices of lime and limestone products [1] - Gross profit for Q1 2025 was $46.2 million, up $15.5 million or 50.8% from $30.6 million in Q1 2024, primarily due to increased revenues [2] - Net income reached $34.1 million ($1.19 per diluted share) in Q1 2025, reflecting an increase of $11.7 million or 52.0% from $22.4 million ($0.78 per diluted share) in Q1 2024 [5] Expenses - Selling, general and administrative (SG&A) expenses were $6.3 million in Q1 2025, an increase of $1.4 million or 29.2% from $4.8 million in Q1 2024, mainly due to higher personnel expenses including stock-based compensation [3] Other Income - Other (income) expense, net was $3.1 million in Q1 2025, an increase of $0.6 million from $2.5 million in Q1 2024, attributed to interest earned on higher average cash balances [4] Dividend Announcement - Company declared a quarterly cash dividend of $0.06 per share, payable on June 13, 2025, to shareholders of record by May 23, 2025 [7] Company Overview - United States Lime & Minerals, Inc. is a manufacturer of lime and limestone products, serving various industries including construction, industrial, environmental, metals, agriculture, and oil and gas services [8]

Core Insights - United States Lime & Minerals, Inc. reported a strong financial performance in Q1 2025, with revenues increasing by 27.3% year-over-year to $91.3 million, driven by higher sales volumes and average selling prices of lime and limestone products [1][6] - The company's gross profit rose by 50.8% to $46.2 million, reflecting the revenue growth [2] - Net income for Q1 2025 was $34.1 million, a 52.0% increase compared to $22.4 million in Q1 2024, translating to $1.19 per diluted share [5] Revenue and Profitability - Revenues in Q1 2025 were $91.3 million, up from $71.7 million in Q1 2024, an increase of $19.6 million [1] - Gross profit increased to $46.2 million from $30.6 million, an increase of $15.5 million [2] - Operating profit for the quarter was $39.9 million, compared to $25.8 million in the previous year [12] Expenses - Selling, general and administrative (SG&A) expenses rose to $6.3 million in Q1 2025 from $4.8 million in Q1 2024, an increase of 29.2% [3] - Other income increased to $3.1 million in Q1 2025 from $2.5 million in Q1 2024, primarily due to interest earned on higher cash balances [4] Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.06 per share, payable on June 13, 2025, to shareholders of record by May 23, 2025 [7] Company Overview - United States Lime & Minerals, Inc. is a manufacturer of lime and limestone products, serving various industries including construction, industrial, environmental, metals, agriculture, and oil and gas services [8]