Author: backoffice

Her role included finding and vetting suppliers, as well as leading negotiations for long-term supply deals. Bennethum also managed investment projects worth over US$1.5 billion, forging strategic partnerships for GM. At Energy Fuels, she will leverage her experience to enhance the company’s rare earths business. This includes strengthening relationships with original equipment manufacturers (OEMs) and...

Energy Fuels believes Ms. Bennethum’s experience at General Motors will provide Energy Fuels with invaluable insight and experience to fill a critical role in the Company’s REE sales and marketing enterprises, including cultivating relationships with original equipment manufacturer (“OEM“) and other customers, negotiating supply, offtake and/or other agreements for the Company’s REE products, evaluating REE...

Only three shallow drillholes were previously completed on the property (see F3’s news release dated August 4, 2023) in 2015 and encountered graphitic shear zones. Drilling this summer will consist of follow up drilling of the 2015 holes as well as first pass drilling targeting ground Time Domain electromagnetic and IP resistivity anomalies on areas...

The partnerships with two of South Korea’s leading electric vehicle (EV) manufacturers strengthens top lithium miner SQM’s position as a major supplier to the rapidly growing EV industry. However, this decline was offset by a surge in hybrid vehicle sales in the same time period. Hybrid vehicle sales jumped by 46 percent, or 99,832 units,...

Horizon Minerals’ recent merger with Greenstone has added nearly 0.5 million ounces (Moz) of high-grade resource to Horizon, taking its total tally to 1.8 Moz, and will result in Horizon Minerals holding a land package of 939 sq km in the Kalgoorlie-Coolgardie district. The merger brings near-term cash-generating opportunities and adds greater scale to its...

The report, titled “Accelerating the Coal-to-Clean Transition,” highlights the substantial economic returns in transitioning from coal to renewable energy. According to IEEFA’s findings, renewable energy projects can produce profit margins that not only cover the costs of decommissioning coal plants, but also generate substantial profits for operators. Currently only 10 percent of the world’s coal...

The uranium market has remained strong in 2024, a welcome sign for the investors who had been waiting for uranium prices to increase and strengthen the market for over a decade. The uranium market has faced difficulties since the 2011 Fukushima nuclear disaster, when tsunamis brought on by a massive earthquake crashed into and damaged...

HIGHLIGHTS Excellent financial outcomes Modest CAPEX Low operating cost estimates Mining and Production The Study was completed by mining engineers at SRK Consulting Australasia (SRK) and metallurgical and processing engineers at Strategic Metallurgy and highlights the project’s potential to deliver robust financial returns. On 17 January 2024 Toro announced that the Company would refresh the...

Encouragingly this drilling has confirmed continuity of mineralisation not only proximal to the existing JORC Mineral Resource but laterally along strike and at depth. These results are very encouraging, confirming continuity of the mineralised system in all directions and importantly underneath the existing higher-grade resource. “The drill program which was designed to test depth and...

Highlights: As I noted in our last quarterly, we’re on track for record revenues for FY24 with strong performance from our pharma sales group, as well as in our traditional sales to the research and clinician markets. Currently, we are on track to exceed $12m for FY24 compared to $6.01m for FY23. Sales to the...