GOP Rep. Michelle Steel is rolling out a bill to block China and other American adversaries from accessing U.S. ports. Steel, R-Calif., a member of the House Select Committee on Communist China, created the Secure Our Ports Act, which would prohibit companies owned fully, or in-part, by state-owned enterprises in China, Russia, North Korea and Iran from operating or managing ...
Russian President Vladimir Putin has suggested Russia should consider limiting exports of key metals and raw materials, including uranium, titanium and nickel, as a response to western sanctions. According to a Wednesday (September 11) Reuters report, Putin raised the idea in televised comments to government ministers, highlighting Russia’s important role in global supply of strategic commodities. “Russia is the leader ...
Spurred by moves in the gold market as well as increasing demand from industrial sectors, silver saw strong price movements in the first half of 2024, breaching US$30 per ounce for the first time in more than a decade. While silver has often been seen as a more approachable precious metal owing to its lower per ounce price, its performance ...
Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce the execution of an Offtake Letter of Intent between Zweckverband Industriepark Schwarze Pumpe (ZISP) and Altech Batteries GmbH. Highlights – Strategic Offtake Letter of Intent agreement – Schwarze Pumpe Industrial Park Association – Offtake for 30MWh of 1MWh CERENERGY(R) GridPacks per annum – For the ...
Metals Australia Ltd (ASX: MLS) continues to make significant progress advancing its flagship Lac Carheil high-grade flake-graphite development project in the Tier 1 global mining province of Quebec, including: Comprehensive metallurgical testwork1 confirming higher quantities of higher-value coarse flake graphite in the Northwest zone of the Mineral Resource2 (Figure 1 & Table 1), with average mass recoveries of 32.4% in ...
xReality Group Limited (XRG) specialises in building and operating immersive XR products and experiences that enhance lives. xReality Group’s portfolio includes physical and digital simulation used across the enterprise, defence and consumer markets. Using technology we create experiences without the physical limitations found in the real world. XR stands for Extended Reality and is a catch-all term for Virtual Reality ...
Brightstar Resources Ltd (ASX: BTR) (Brightstar) is pleased to announce it has executed a significant drill-for-equity agreement with Topdrill Pty Ltd (Topdrill) which complements the existing arrangement and underpins the strong working relationship between Brightstar and Topdrill. HIGHLIGHTS Brightstar and Topdrill have executed a drill-for-equity agreement worth $4 million, whereby up to 50% of future drilling services invoiced by Topdrill ...
Lion Selection Group Limited (Lion, the Company) is pleased to announce it has been able to increase its participation in the $24M equity fundraising announced by Brightstar Resources Limited (Brightstar, ASX:BTR) on 2 August 20241. Lion announced its commitment to invest $4.3M in this fundraising on 2 August 20242 and has recently provided an increased commitment for a further $1.5M, ...
The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. The potential BRICS currency would allow these nations to assert their economic independence while competing with the existing international financial system. The current system is dominated by the US dollar, which ...
Offtake agreements play a critical role in obtaining project financing for high capital expenditures, such as manufacturing plants or processing facilities. From early-stage enterprises to more mature businesses, cash flow challenges can make it difficult to secure loans to finance infrastructure projects. This type of contract can go a long way to mitigate risk in the eyes of lending institutions. ...