Workflow
nickel
icon
Search documents
BHP’s (BHP) BMA Cuts 750 Jobs, Suspends Operations at Saraji South Mine
Yahoo Finance· 2025-09-30 19:05
BHP Group Limited (NYSE:BHP) is one of the best performing ASX stocks in 2025. On September 16, BHP Mitsubishi Alliance (BMA) – a joint venture between BHP and Mitsubishi Development – said it will cut 750 jobs across Queensland. BMA will also suspend operations at the Saraji South coking coal mine. The joint venture will place the Saraji South site into care and maintenance, starting in November 2025, effectively halting active mining at that location. Of the 750 jobs, direct coal production jobs affected ...
Carpenter Technology Sees Price Target Hikes as CEO Leads Insider Sales
Yahoo Finance· 2025-09-27 18:14
Carpenter Technology Corporation (NYSE:CRS) is one of the 12 High-Risk High-Reward Growth Stocks to Buy Right Now. Major insider sales at the company following a positive Q4 2025  and price target raises. Carpenter Technology Sees Price Target Hikes as CEO Leads Insider Sales Carpenter Technology Corporation (NYSE:CRS) reported an Adjusted Operating Income of $151 million, a 21% increase year-over-year. The company’s SAO segment achieved an operating income of $167 million. Additionally, in the Aerospac ...
Glenstar Project and Corporate Update
Newsfile· 2025-09-11 12:29
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]
RecycLiCo Partners with Lucid to Strengthen North American Domestic Supply Chain for Critical Minerals and Metals
GlobeNewswire News Room· 2025-07-23 13:31
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]
Aqua Metals to Host Guided Facility Tour During NAATBatt Lithium Battery Recycling Workshop VIII
Globenewswire· 2025-07-01 12:00
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]
American Battery Technology Company Wins Prestigious Industry-Judged Global Voltas Award Presented by Fastmarkets for Pioneering Battery Recycling Innovations
Globenewswire· 2025-06-26 13:09
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]
OTC Markets Group Welcomes Magna Mining Inc. to OTCQX
Globenewswire· 2025-05-28 11:00
Company Overview - Magna Mining Inc. is engaged in the acquisition, production, development, and exploration of mineral properties in Canada, focusing primarily on copper [1][4] - The company operates the McCreedy West copper mine and has past producing mines including Levack, Podolsky, Shakespeare, and Crean Hill [4] Market Transition - Magna Mining Inc. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which is a significant milestone for the company [1][3] - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] Trading Information - Magna Mining Inc. begins trading on OTCQX under the symbol "MGMNF," with financial disclosures and real-time quotes available for U.S. investors [2]
Eramet: Ordinary and Extraordinary General Meeting on May 26th, 2025; appointment of Paulo Castellari as Chief Executive Officer
Globenewswire· 2025-05-26 16:15
Core Points - Eramet held its Ordinary and Extraordinary General Meeting on May 26, 2025, in Paris, where Paulo Castellari was appointed as the new Chief Executive Officer [2][3][6] - Christel Bories was renewed as Chair of the Board for another four years, receiving appreciation for her eight years of service as Chair and CEO [3][6] - The Board of Directors now consists of 18 members, including 7 independent members and 7 women, representing 44% of the Board [4] - Shareholders approved a dividend of €1.50 per share for the 2024 fiscal year, with the ex-dividend date set for June 2, 2025, and payment starting from June 4, 2025 [4][6] - Upcoming financial disclosures include the publication of 2025 half-year results on July 30, 2025, and third-quarter turnover on October 30, 2025 [5] Company Overview - Eramet focuses on transforming Earth's mineral resources to provide sustainable solutions for industrial growth and energy transition challenges [5][8] - The company aims to be a reference for the responsible transformation of mineral resources, contributing to sustainable infrastructure and efficient technologies [9]
What's Next With VALE Stock?
Forbes· 2025-05-20 11:20
Core Viewpoint - Vale's stock performance has lagged behind competitors, with a year-to-date increase of approximately 10%, compared to ArcelorMittal's 36% and United States Steel's 26% [1] Financial Performance - Q1 2025 earnings showed a revenue of $8.12 billion, a 4% decline year-over-year, slightly below the consensus estimate of $8.39 billion [2] - Net income decreased by 17% to $1.39 billion from $1.67 billion in Q1 2024 [2] - Free cash flow dropped significantly to $504 million from $2.2 billion in Q1 2024 [2] - Iron ore production fell by 4.5% to 67.7 million metric tons due to heavy rainfall, while sales volumes increased by 3.6% to 66.1 million tons [2] - The average realized iron ore price was $90.80 per ton, nearly a 10% reduction compared to the previous year [2] - Copper and nickel production both rose by 11%, reaching approximately 90,900 tons and 43,900 tons, respectively [2] Market Position and Strategy - Vale's focus on cost efficiency and strategic project development is expected to enhance its performance despite declining commodity prices and adverse weather [3] - The company has acquired the remaining 50% interest in the Baovale iron ore project, gaining full control of the Agua Limpa mine [6] - Vale aims to source 90% of its natural gas from the free market by 2025 through agreements with Eneva and Origem Energia [6] - The company plans to reduce cash costs by 15% in 2025 compared to 2024, optimizing logistics and utilizing automation [7] - Vale increased shipments to Europe by 18% in Q1 2025, benefiting from the EU's carbon border adjustments [7] Valuation Metrics - Vale's current Price-to-Earnings (P/E) ratio is 6.6x, significantly lower than the 9.3x in 2020, indicating potential undervaluation [8] - In comparison, ArcelorMittal's P/E ratio is 17.4x, and United States Steel's is 22x, suggesting that Vale's stock price is substantially below various intrinsic value estimates [8]
Availability of the documents of the Ordinary and Extraordinary Shareholders’ General Meeting to be held on May 26th, 2025
Globenewswire· 2025-05-05 15:45
Core Points - The Ordinary and Extraordinary Shareholders' General Meeting of Eramet is scheduled for May 26, 2025, at 10:00 a.m. Paris time at the company's head office [1] - The prior Notice of Meeting, including the agenda and draft resolutions, was published on April 18, 2025, and the Convening Notice will be published on May 07, 2025 [2] - Shareholders can request preparatory documents for the Meeting and consult them at Eramet's head office or on the company's website [3] - The Meeting will be broadcast live via a webcast, which will also be available for replay [4] - Key upcoming dates include the release of the 2025 half-year results on July 30, 2025, and the third-quarter sales on October 30, 2025 [4] Company Overview - Eramet focuses on transforming Earth's mineral resources to provide sustainable solutions for industrial growth and energy transition challenges [4][5] - The company is involved in the recovery and development of essential metals such as manganese, nickel, mineral sands, and lithium [5] - Eramet aims to be a reference for the responsible transformation of mineral resources, contributing to robust infrastructures and efficient mobility solutions [6]