Given that many nations are aiming to replace combustion vehicles with electric cars by 2030, the metal is already experiencing a massive spike in demand. Benchmark Minerals expects the need for battery-grade nickel will increase about 950 percent by 2040. Blackstone’s Ta Khoa Project consists of two streams, the Ta Khoa Nickel Mine and the...
Category: investingnews
Update on the Pre-Feasibility Study at the Lake Hope High Purity Alumina Project WA
The Pre-Feasibility Study (PFS) for the Lake Hope Project continues on schedule to be completed in Q4 this year, with significant progress made on the three main pillars of the Study: the mine, the process plant and product development, marketing and offtake. The Mine at Lake Hope: The Process Plant: Product development, offtake and marketing...
Fortune Minerals
The NICO project’s receipt of substantial government funding to date and Fortune Minerals’ strong relations with the Indigenous and local communities in the Northwest Territories create a compelling case for investors considering a battery metals play with significant polymetallic potential. NICO is a primary cobalt deposit, but the mineral reserves also contain 1.1 Moz of...
Aclara Announces Strategic Alliance with VAC to Develop Permanent Magnet Supply Chain
Aclara and VAC believe that there is a significant market opportunity driven by the rising demand for electric vehicles (“EVs”), wind turbines, and other clean technologies that require rare earth permanent magnets produced pursuant to ever-increasing ESG standards. Such permanent magnets require significant quantities of both light and heavy rare earth minerals. Currently, obtaining these...
IOCG and Epithermal Mineralisation Discovered in Maiden Field Program at Great Bear Lake
“Finally, we are on the ground! We could not be any more impressed with what we have seen in such a short period of time. This Project is clearly under-explored with new potential discoveries having been made continuously and immediately. This, coupled with confirmation of the historic mineralised trends at Spud Bay and Thompson really...
Outcomes of a Strategic Review
Highlights: 1. Continue to divest non-core assets 2. Streamline business with focus on AI and Cyber Security 3. Target business development activity towards SME market in the defence industry supply chain 4. Optimise the Company Structure Board and Management Update Mr Justin Thomas has resigned from his executive role effective 9 July 2024. Mr Thomas...
Tama Atacama Lithium Project –Exploration Concessions Granted
PAM has received confirmation that an additional net total of ~303km2 or 30,300Ha of Exploration Concessions have been granted. The majority of these granted Exploration Concessions fall within PAM’s holdings under Option Agreements 1 and 2 (see Appendix 1). The total area under Option Agreements with granted Exploration Concessions has increased by ~290Km2 to ~1,036km2...
How AI Will Transform 5 Key Industries
From healthcare to cleantech and finance, the potential applications of artificial intelligence (AI) are vast. Experts discussed the impact of AI at the Collision Conference, which was held in Toronto, Canada, from June 18 to 20 Here the Investing News Network explores the insights shared by experts, shedding light on how AI is poised to...
China Leads Global Surge in Generative AI Adoption
Generative AI is a subfield of artificial intelligence focused on the creation of entirely new content. These AI models can process a wide variety of inputs, including text, images, audio, animation, 3D models, and other data formats, to generate corresponding novel outputs. The SAS and Coleman Parkes study surveyed 1,600 decision-makers and organizations from various...
Aurum Resources Poised for Significant Discovery, Report Says
“Aurum saw strong demand from investors on the back of these results and raised A$17M on June 13. The funds will be used to ramp up drilling to 10,000m per month, and an initial resource estimate is expected in late 2024,” the report said. This content is intended only for persons who reside or access...