Category: investingnews

CV5 is part of Patriot’s Shaakichiuwaanaan property, located in the Eeyou Istchee James Bay region of Québec. Shaakichiuwaanaan holds a mineral resource estimate of 80.1 million metric tons at 1.44 percent lithium oxide (Li2O) in the indicated category and 62.5 million metric tons at 1.31 percent Li2O in the inferred category. The 307 gram battery-grade...

Graphite prices have experienced volatility recently due to bottlenecks in demand for electric vehicles (EVs). These dynamics will likely encourage the development of more ex-China graphite supply sources. Against that backdrop, many Canadian graphite stocks have trended downward in 2024. However, several graphite-focused companies have seen strong performances this year. Year-to-date gain: 75 percentMarket cap:...

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VVC also acquired the Monarch Project to further capitalize on the growing demand for helium due to increased global usage. The Monarch Project consists of more than 1,700 acres of gas leases located in Greely County, Kansas with six existing wells. Minor repairs were made to five of the six wells, restoring electric power service,...

The proposal, shared Tuesday (December 10) on his social media platform Truth Social, promises streamlined approvals, including environmental permits, for large-scale investments in the country. While details remain unclear, the news touches upon a longstanding issue in the country’s mining sector. The US mining sector has long been hindered by bureaucratic delays in permitting processes....

According to the company, the resource has increased by 339 percent and now stands at 1.104 million tonnes of contained lithium carbonate equivalent grading 505.8 milligrams per litre (mg/L) lithium. The indicated category includes 591,800 tonnes of lithium carbonate equivalent grading of 515.1 mg/L lithium, while the inferred category contains 512,500 tonnes of lithium carbonate...

Clean Energy Finance Corporation (CEFC) has invested US$75 million in global alternative investment manager Resource Capital Funds (RCF) to support Australia’s critical minerals supply chain. Jacqueline Lane, CEFC’s director for Western Australia and resources, said RCF is a “highly experienced mining investment house.” Its flagship private equity fund is aimed at delivering capital to Australian...

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The funding comes under the CHIPS and Science Act, and will support the construction of state-of-the-art manufacturing facilities in New York and Idaho, enhancing the US’ share of advanced memory chip production. Micron will be provided US$4.6 billion for its New York operations and US$1.5 billion for its work in Idaho. Currently, the company is...

Tech stocks surged this week as US and Canadian jobs data bolstered interest rate cut expectations. In crypto news, investors maintained a bullish outlook despite a slight pullback. Find out what other key pieces of news mead headlines in the tech space this week. Bitcoin fell below the US$100,000 mark at the start of the...