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Trump is wielding the power of the state to back critical mineral companies. These are the possible next targets
CNBC· 2025-09-28 11:45
The Trump administration needs to strike multiple deals with U.S. miners to secure the nation's supply chain against China, said Mark Chalmers, CEO of Energy Fuels, a miner focused on uranium and rare earth minerals.The Pentagon decision to take an equity stake in MP Materials, the largest U.S. rare earth miner, in July and support the company with a price floor surprised many in the industry, Chalmers told CNBC.But it was a necessary step that the White House should now follow with more deals to diversify ...
Trump's Mineral Gambit After Lithium Americas—These Names Could Be Next
Benzinga· 2025-09-25 17:07
The Trump administration‘s recent move to acquire up to a 10% equity stake in Lithium Americas Corp (NYSE: LAC) has sent shockwaves through the mining sector. This strategic investment aims to bolster domestic production of critical minerals, particularly lithium, by renegotiating a $2.26 billion Department of Energy (DoE) loan for the Thacker Pass project in Nevada.Track LAC stock here.Given this precedent, several other companies in the critical minerals space may find themselves on the administration’s r ...
Fortune Minerals Announces David Massola Has Rejoined the Company as Vice President Business Development
Businesswire· 2025-09-25 14:26
LONDON, Ontario--(BUSINESS WIRE)-- #Bismuth--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune†or the "Company†) (www.fortuneminerals.com) is pleased to announce that Mr. David Massola has rejoined the Company as Vice President, Business Development to assist with the transition of the vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project ("NICO Project†) to project finance and development. David Massola is a seasoned mining industry financial executive with decades o ...
Tronox Holdings PLC Shareholders Who Lost Money in TROX Should Contact Robbins LLP for Information About Leading the Class Action Lawsuit
Prnewswire· 2025-09-25 00:45
Accessibility StatementSkip Navigation SAN DIEGO, Sept. 24, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Tronox Holdings PLC (NYSE: TROX) common stock between February 12, 2025 and July 25, 2025. Tronox operates titanium-bearing mineral sand mines and processes them to produce titanium dioxide (TiO2) products. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call ...
Lithium Americas soars 65% as Trump administration seeks equity stake in Canadian miner
CNBC· 2025-09-24 13:16
Lithium Americas stock soared Wednesday as the Trump administration is seeking an equity stake in the mining company, which is based in Vancouver, British Columbia.The White House is seeking an equity stake as Lithium Americas renegotiates the terms of a $2.2 billion loan from the Department of Energy for its Thacker Pass mine, a Trump administration official told CNBC. Reuters first reported the equity stake proposal.Lithium Americas' shares surged about 70% premarket.It is the latest move by the White Hou ...
Former National Security & Intelligence Advisor Jody Thomas Nominated to Electra Board of Directors
Globenewswire· 2025-09-23 11:00
TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce the nomination of Jody Thomas to its Board of Directors. Ms. Thomas brings a distinguished track record of public service and leadership in Canada’s national security and defense sectors. Most recently, she served as National Security and Intelligence Advisor to the Prime Minister of Canada, where she provided strategic counsel on national security ...
American Critical Minerals Highlights Recent Addition of Potash to Proposed US Critical Minerals List and Recent US Government Awards for Potash Developers
Accessnewswire· 2025-09-23 09:00
VANCOUVER, BC / ACCESS Newswire / September 23, 2025 / American Critical Minerals Corp. ("American Critical Minerals" or the "Company") (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) applauds the recent decision of the U.S. Federal Government to formalize the addition of Potash to the US Geological Survey's ("USGS") draft Critical Minerals List. This list is updated every 3 years and updates will be finalized this year after a 30-day period for public comments on the proposed changes to the List with the final vers ...
Zentek Subsidiary Albany Graphite Corp. Achieves Additional 5N Purification Result and Nuclear Graphite EBC Requirements
Accessnewswire· 2025-09-22 12:35
GUELPH, ON / ACCESS Newswire / September 22, 2025 / Zentek Ltd. ("Zentek" or the "Company") (NASDAQ:ZTEK)(TSXV:ZEN), an intellectual property technology development and commercialization company, is pleased to share an update from its wholly owned subsidiary, Albany Graphite Corp. ("AGC") on its Critical Minerals Innovation Fund ("CMIF") grant-funded activities. ...
Titan Mining Announces Commissioning Readiness of U.S. Graphite Facility With Support From Federal and State Leaders
Globenewswire· 2025-09-16 10:00
New York project marks a pivotal step toward U.S. graphite independence and the first integrated domestic supply chain in more than 70 yearsGOUVERNEUR, N.Y., Sept. 16, 2025 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI, OTCQB: TIMCF), (“Titan” or the “Company”) an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer, announced today that federal and state leaders visited its graphite demonstration facility at Empire State Mines (ESM) in St. Lawrence C ...
Electra Announces Terms of US$30 Million Brokered Private Placement for Completion of Refinery Construction
Globenewswire· 2025-09-12 13:17
融资方案核心条款 - 公司宣布进行3000万美元私募融资 作为财务重组计划的关键部分 融资方式为"最大努力"私募配售 发行至少4000万个单位 每个单位价格075美元 最低融资总额3000万美元 [1][2][3] - 每个单位包含1股普通股和1份认股权证 每份认股权证可在发行完成后60天起的36个月内以125美元价格认购1股普通股 承销商获得额外15%单位超额配售权 [4] - 贷款人提供1000万美元有条件融资承诺 现有股东享有同等条款优先认购权 认购意向需在2025年9月26日下午5点前提交 [5] 资金用途分配 - 融资净收益将用于推进钴精炼厂投产和达产 支持黑粉回收项目 偿还2025年8月22日向贷款人发行的200万美元无担保本票 支付重组费用及补充营运资金 [6] - 若融资总额超过3450万美元 超额部分将用于从贷款人回购优先担保可转换票据 [6] 交易时间安排 - 发行预计于2025年10月15日左右完成 与重组完成同步进行 需在2025年10月9日左右举行的特别股东大会上获得股东批准 并需获得多伦多创业板等监管机构批准 [7] 承销商报酬结构 - 公司将支付承销商相当于融资总额6%的现金佣金 并发行相当于发行单位总数6%的不可转让经纪人认股权证 对特定总统名单购买者和贷款人承诺部分单位 现金佣金降至3%且不发行经纪人认股权证 [8] - 每份经纪人认股权证可在收盘后36个月内以发行价认购1股普通股 [8] 发行范围与监管要求 - 单位通过上市发行人融资豁免向加拿大各省地区(除魁北克)居民私募发行 同时依据安大略证券委员会规则向加拿大境外居民发行 部分单位可能依据认可投资者豁免向加拿大销售管辖区购买者私募发行 [9][10] - 依据上市发行人融资豁免发行的640万个单位对应普通股及行权期超过60天的认股权证对应普通股 不受加拿大证券法禁售期限制 可立即自由交易 其他向加拿大购买者发行的证券需遵守4个月零1天法定禁售期 向非加拿大居民境外发行证券无禁售期 [11] 公司战略定位 - 公司致力于推动北美锂离子电池关键矿物供应链发展 目前重点开发北美唯一钴硫酸盐精炼厂 执行分阶段战略实现关键矿物精炼本土化 降低对外国供应链依赖 [13] - 战略布局包括镍精炼和电池回收 增长项目包括在现有精炼园区整合黑粉回收 评估魁北克Bécancour钴生产机会 探索北美镍硫酸盐生产潜力 [13]