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Zeus Resources: Unlocking Morocco’s High-grade Antimony in a Tightening Supply Market

Investing 3 Mins Read

Zeus Resources (ASX:ZEU,FSE:ZEU) is a mineral exploration company dedicated to advancing high-grade critical mineral projects in underexplored regions. Its primary focus is the 100-percent-owned Casablanca antimony project in Morocco, while also maintaining exploration interests in uranium, lithium and rare earth elements across Australia.

Targeting Europe’s industrial and defence supply chains, Zeus is leveraging Morocco’s efficient permitting environment to fast-track development. In July 2025, Zeus completed its acquisition of Casablanca and immediately initiated a high-resolution geophysics program. The company aims to progress from reconnaissance to drilling within months, capitalising on record-high antimony prices and tightening Western supply chains. The Casablanca project represents one of the few high-grade antimony exposures outside China.

Zeus also strengthened its Moroccan strategy through a five-year, non-exclusive license agreement with Newmont, covering its Morocco exploration database and regional framework study across the Anti-Atlas and Central Meseta regions. The database integrates geochemical, geophysical and structural datasets, providing Zeus with a competitive advantage in prospectivity analysis and target generation. Key terms include a 1 percent NSR royalty on any properties Zeus acquires in these regions and a 15-year right of first refusal for Newmont on transfers. The agreement streamlines project identification, reduces early-stage risk and positions Zeus to efficiently expand its Moroccan footprint.

Company Highlights

  • Casablanca Antimony Project: Six exploration licenses over 79 sq km in central Morocco. Surface sampling during due diligence returned astonishing results: up to 61.9 percent antimony, with additional samples ranging 7.8 to 46.52 percent antimony along a mapped strike exceeding 4 km
  • Strategic Location for Supply Security: Morocco is a long-standing antimony producer with historic supply to Europe, ranking 19th globally on the Fraser Institute’s mining jurisdiction index- – on par with Western Australia.
  • Rapid Advancement Exploration Model: Geophysics survey underway within weeks of licence acquisition, trenching program planned, and drill commencement targeted for early Q4 2025.
  • Favourable Market Dynamics: Antimony prices have quadrupled since early 2024 to ~US$55,000/t amid tightening global supply and rising demand from defence, electronics and renewable energy sectors.
  • Strategic Advisory Firepower: Former US Ambassador Christopher Dell has joined as US business and strategic development advisor aiming to leverage his extensive diplomatic experience and proven negotiation skills to facilitate Zeus navigate capital-raising, geopolitical positioning and partnerships aligned with Western critical minerals policy
  • Strategic Data Access: Access to Newmont’s Morocco exploration database and framework study strengthens Zeus’s ability to fast-track target generation and expand its Moroccan footprint
  • Lean Valuation, Clear Milestones: Market capitalization sits around AU$9 to AU$13 million, offering early-stage leverage if exploration success continues.

This Zeus Resources profile is part of a paid investor education campaign.*

Click here to connect with Zeus Resources (ASX:ZEU) to receive an Investor Presentation

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Investing

Gold Price Breaks US$3,700, Then Falls as Fed Cuts Rates

Investing 3 Mins Read

The US Federal Reserve held its sixth meeting of 2025 from Tuesday (September 16) to Wednesday (September 17) amid slowing growth in the country’s jobs market.

The central bank met analysts’ expectations by lowering the federal funds rate by 25 basis points to the 4 to 4.25 percent range. It marks the first cut of 2025, after holding at the 4.25 to 4.5 percent range since December 2024.

Despite August consumer price index (CPI) data showing inflation rose to 2.9 percent from 2.7 percent in July, a weakening labor market became the focus of the Fed’s dual mandate of stable prices and maximum employment.

“The case for a persistent inflation outbreak is less, and that’s why we think it’s time for us to acknowledge the risks to the other mandate have grown, and we should move in the direction of neutral,” said Chair Jerome Powell.

The most recent US jobs report indicates that August brought an increase of just 22,000 new workers, while the unemployment rate ticked up to 4.3 percent from 4.2 percent in July. Additionally, the Bureau of Labor Statistics, which produced the report, announced a downward revision to June’s figures, showing a loss of 13,000 jobs.

Similarly, July’s report, released on August 1, marked a significant weakening in the labor force, bringing the three month average to just 28,000 new jobs after growth of 192,000 in the February to April period.

Following that report, US President Donald Trump fired the head of the Bureau of Labor Statistics, suggesting the jobs data was “rigged” to make his administration look bad. Both the slowing American labor market and rising inflation over the past few months have been blamed on the effects of Trump’s tariffs trickling into the economy.

Trump has been critical of the Fed and Powell in particular, saying they haven’t moved quickly enough to lower rates.

While he is unable to remove Powell, in August Trump attempted to fire Fed Governor Lisa Cook over alleged mortgage fraud stemming from mortgage applications where she listed two homes as principal residences. Recent documents have shown those allegations to be false, and that Cook listed one of the homes as a vacation property.

On Monday (September 15), an appeals court blocked Cook’s removal from the Fed’s Board of Governors, allowing her to participate in this week’s meeting. Also this week, the Senate confirmed Stephen Miran to the board in a 48 to 47 decision along party lines. He will be replacing Adriana Kugler, who resigned in August.

Miran is on leave from his position at the White House’s Council of Economic Advisers and increases Trump’s influence over the seven member board. The nomination process for a new board member usually lasts months, but Miran’s appointment took just six weeks, allowing him to participate in this week’s meeting.

The gold price rose to a record high of US$3,707.34 per ounce shortly after the decision, but quickly fell back to the US$3,650 level. Silver spiked as high as US$42.24 per ounce following the meeting, still trading near 14 year highs.

Equities were mixed on Wednesday, with the S&P 500 (INDEXSP:INX) losing 0.31 percent to reach 6,586. Meanwhile, the Nasdaq-100 (INDEXNASDAQ:NDX) shed 1.03 percent to come in at 24,036, and the Dow Jones Industrial Average (INDEXDJX:DJI) gained 0.5 percent, coming to 45,084.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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Successful Heavily Supported Placement to Raise $25.1 Million

Investing 3 Mins Read

Resolution Minerals Ltd (RML or Company) (ASX: RML) is pleased to announce it has received firm commitments for a placement of fully paid ordinary shares in the Company (Shares) to sophisticated investors to raise a total of $25.1 million (before costs) at an issue price of $ 0.05 per Share (Placement).

Highlights

  • Commitments received for a successful placement of $25.1 million at $0.05 per share
  • Placement supported by a range of high net worth and global institutions including John Hancock’s Family Office, Astrotricha Capital SEZC and S3 Consortium (Stocks Digital), as well as director participation of $200,000
  • The placement has institutionalised the Company’s register, including $7.75m cornerstoned by high-calibre, supportive and value-add local and international investor groups
  • RML’s medium term work programs and working capital requirements are now fully funded
  • RML balance sheet strengthened ahead of the proposed NASDAQ listing
  • RML is aiming to become a major player in the US critical minerals space and is aiming to meet the needs of the current White House Administration’s and the Department of War’s critical mineral US national security supply requirements

Of the total $25.1 million placement funds, $18,400,000 (Tranche 1) will be settled on or around 26 September 2025, and the remaining $6,700,000 (Tranche 2) (total of $25.1 million) is anticipated to settle within approximately 60 days, and following the next shareholder meeting.

Subject to receipt of shareholder approval in a general meeting (anticipated mid November 2025), participants in the Placement will also be issued one (1) option for every two (2) Shares issued under the Placement, for no additional consideration. The Options will have an exercise price of $0.10 per Share and expire on 30 November 2029 – key terms included in this announcement (Option). The Options will be listed, subject to ASX listing requirements being met.

The Placement will be conducted via two (2) tranches, as follows:

(a) Tranche 1: 422,000,000 Shares as follows:

(i) 150,000,000 Shares will be issued under the Company’s existing pre-approved placement capacity that was approved by shareholders at the general meeting held on 25 July 2025; and

(ii) 272,000,000 Shares will otherwise be issued under the Company’s Listing Rule 7.1 & 7.1A capacity (146,542,986 Shares under Listing Rule 7.1 and 125,457,014 Shares under Listing Rule 7.1A); and

(b) Tranche 2: subject to shareholder approval under Listing Rule 7.1, via the issue of 80,000,000 Shares and up to 251,000,000 attaching Options (subject to rounding).

Click here for the full ASX Release

This post appeared first on investingnews.com

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Investing

How to Invest in Vanadium Stocks

Investing 7 Mins Read

Vanadium is an important metal for both the steel and battery manufacturing industries.

Both of these sectors play key roles in economic growth and a new era in defense and energy security. Supply and demand fundamentals for the metal indicate a strong long-term outlook for the vanadium market.

Many investors believe the vanadium industry is compelling and are interested in getting involved in this evolving market. Read on for a brief overview of the metal, from supply and demand to how to invest in this exciting industrial and battery metal.

In this article

    What is vanadium?

    Named after Vanadis, the Norse god of beauty, vanadium is a silvery-gray transition metal that was discovered in 1801.

    Vanadium occurs in about 65 different minerals, and is mined as a by-product of other metals, usually uranium. It is also found in deposits of phosphate rock, titaniferous magnetite, uraniferous sandstone and siltstone. Aside from that, it is present in bauxite and in carboniferous materials such as crude oil, coal, oil shale and tar sands.

    Vanadium demand trends

    Vanadium applications have grown in recent years, contributing to price growth. The vast majority of vanadium is used as an additive in the steel industry to make a high-strength product that is lighter, stronger and more resistant to shock and corrosion.

    Vanadium content of less than 0.1 percent is needed to double the strength of steel, and although other metals — including manganese, molybdenum, niobium, titanium and tungsten — can be interchanged with vanadium for alloying with steel, there is no substitute for vanadium in aerospace titanium alloys.

    Over the last few years, China has increased its vanadium use, producing steel rebar with high tensile strength for construction. Vanadium compounds are also used in nuclear reactors because they have low neutron-absorbing properties. Vanadium oxide is used as a pigment for ceramics and glass, and can act as a catalyst in the production of superconducting magnets.

    In addition to the steel alloy sector, the metal is often used to make parts for jet engines, as well as crankshafts, axles and gears. What’s more, vanadium redox batteries (VRFB) are currently generating excitement because they are reusable over semi-infinite cycles, and do not degrade for at least 20 years, allowing energy storage systems the ability to bank renewable energy.

    However, these batteries are quite large compared to lithium-ion batteries, and are better suited for industrial or commercial use rather than for use in electric vehicles. That said, there are a number of companies around the world working on developing the technology for residential and smaller-scale use.

    Vanadium supply trends

    The top vanadium producing countries are China, Russia and South Africa, and worldwide vanadium production totaled 100,000 metric tons (MT) in 2024. China was the world’s largest producer of vanadium by far, contributing 70,000 metric tons of vanadium. Russia came in at a distant second with output of 21,000 MT, and South Africa was in third place with 8,000 MT.

    Russian-owned Evraz is a large vanadium producer with assets in Russia and Czechia, and is a major supplier of ferrovanadium to the European steel market. In the first half of 2022, Russia’s invasion of Ukraine and subsequent trade sanctions have prompted end-users to look for more secure vanadium supplies. By the end of 2024, Russian vanadium pentoxide exports to China had dried up, and supply uncertainties were also reported in South Africa.

    For his part, CRU Group’s Goel believes other nations are also interested in boosting domestic vanadium production. “Governments worldwide have recognized vanadium as a critical mineral, leading to increased support for emerging vanadium projects,” he said. Goel cited as an example the private Australian company Vecco Group, which received an AU$3.8 million grant to advance the feasibility and design of its vanadium project in Brisbane.

    However, vanadium will have to break free from the current low pricing environment if ex-China projects are to move from discovery to production.

    How to invest in vanadium stocks

    Vanadium bullion is available from private individuals, but the metal is not publicly traded, and so most experts do not advise investing in physical vanadium. Instead, vanadium stocks are a common way to gain exposure.

    There are several publicly traded companies currently producing vanadium for investors to consider, as well as many companies exploring or developing vanadium projects, including as a by-product of other minerals. See the list of vanadium stocks you can invest in below for more details on their operations.

    [shortcode-js-qm-watchlist-widget stocks=’AVL:AU,BMN:LN,EFR:CC,LGO,NEXT:CC,QEM:AU,SR:CC,VRB:CC,WUC:CC’

    Australian Vanadium (ASX:AVL)
    Australian Vanadium is building a vanadium pit-to-battery value chain in Western Australia that will incorporate its flagship Australian Vanadium project, considered one of the most advanced vanadium projects being developed globally.

    Bushveld Minerals (LSE:BMN)
    Bushveld Minerals is a primary vanadium mining company with one of the world’s largest high-grade primary vanadium resources. The company’s assets, all in South Africa, include two of the world’s four operating primary vanadium production processing facilities and an under-construction vanadium electrolyte production facility.

    Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU)
    Energy Fuels is primarily focused on uranium and rare earth metals, but its White Mesa mill in Utah, US, has the ability to process uranium-bearing ore from its mines into vanadium pentoxide (V2O5) as well. While the company is not currently producing vanadium, it has a stockpile of finished V2O5, with production and sales awaiting stronger market prices.

    Largo Resources (TSX:LGO,NASDAQ:LGO)
    Largo Resources owns and operates the Maracas Menchen mine in Brazil, and has annual V2O5 equivalent production guidance of between 9,000 and 11,000 MT. The company supplies vanadium products for multiple applications, and has developed vanadium redox battery systems for advanced renewable energy storage solutions.

    Manuka Resources (ASX:MKR)
    Manuka Resources holds two fully permitted precious metals projects in the Cobar Basin of New South Wales, Australia. Through its wholly owned subsidiary, it is also advancing the Taranaki VTM iron-vanadium-titanium project, which would extract vanadium-rich iron sands from the seabed of the New Zealand exclusive economic zone.

    NextSource Materials (TSX:NEXT,OTCQB:NSRCF)
    NextSource Materials’ advanced-stage Green Giant in-situ vanadium project in Madagascar is one of the world’s largest-known vanadium deposits, with a resource estimate of 60 million MT of V2O5 at an average grade of almost 0.7 percent. Green Giant is adjacent to NextSource’s Molo graphite mine.

    QEM (ASX:QEM)
    QEM is advancing its flagship Julia Creek vanadium and energy project in Queensland’s North West Minerals Province. The project hosts one of the largest vanadium deposits in the world, with a JORC resource of 2.87 billion MT at 0.31 percent V2O5, and a contingent oil resource of up to 654 million barrels.

    Strategic Resources (TSXV:SR)
    Strategic Resources is targeting the green steel market with its flagship BlackRock vanadium-titanium-iron project in the Eeyou Istchee James Bay region of Québec, Canada. The project, which will host a mine and concentrator, is fully permitted and construction ready. The company will also have a metallurgical facility located in the Port of Saguenay.

    VanadiumCorp Resource (TSX:VRB)
    VanadiumCorp’s goal is to become a fully integrated producer of high-quality vanadium electrolytes for vanadium flow batteries. It plans to source material from its Lac Doré vanadium- and titanium-bearing magnetite deposit in the Eeyou Istchee James Bay region of Québec.

    Western Uranium and Vanadium (CSE:WUC,OTCQX:WSTRF)
    Western Uranium and Vanadium is developing high-grade uranium and vanadium production at its Sunday Mine Complex in Colorado, US, and licensing and developing the nearby Mustang mineral processing plant. In Q2 2025, it delivered stockpiled and new production from Sunday to Energy Fuels’ White Mesa mill through an ore purchase agreement.

    Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

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    Business

    Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

    Business 3 Mins Read

    Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing a retreat from its campaigning spirit under parent company Unilever.

    Greenfield wrote in an open letter late Tuesday night — shared on X by his co-founder Ben Cohen — that he could no longer ‘in good conscience’ remain an employee of the company and said the company had been ‘silenced.’

    He said the company’s values and campaigning work on ‘peace, justice, and human rights’ allowed it to be ‘more than just an ice cream company’ and said the independence to pursue this was guaranteed when Anglo-Dutch packaged food giant Unilever bought the brand in 2000 for $326 million.

    Cohen’s statement didn’t mention Israel’s ongoing military operation in Gaza, but Ben & Jerry’s has been outspoken on the treatment of Palestinians for years and in 2021 withdrew sales from Israeli settlements in what it called ‘Occupied Palestinian Territory.’

    Greenfield’s resignation comes five months after Ben & Jerry’s filed a lawsuit accusing Unilever of firing its chief executive, David Stever, over his support for the brand’s political activism. In November last year Ben & Jerry’s filed another lawsuit accusing Unilever of silencing its public statements in support of Palestinian refugees.

    ‘It’s profoundly disappointing to come to the conclusion that that independence, the very basis of our sale to Unilever, is gone,’ Greenfield said.

    ‘And it’s happening at a time when our country’s current administration is attacking civil rights, voting rights, the rights of immigrants, women, and the LGBTQ community,’ he added.

    Jerry Greenfield, left, and Bennett Cohen, the founders of Ben and Jerry’s founders, in Burlington, Vt., in 1987.Toby Talbot / AP file

    Richard Goldstein, the then president of Unilever Foods North America, said in a statement after the sale in 2000 that Unilever was ‘in an ideal position to bring the Ben & Jerry’s brand, values and socially responsible message to consumers worldwide.’

    But now Greenfield claims Ben & Jerry’s ‘has been silenced, sidelined for fear of upsetting those in power.’ He said he would carry on campaigning on social justice issues outside the company.

    The financial performance of the Ben & Jerry’s brand isn’t made public but Unilever’s ice cream division made 8.3 billion Euros ($9.8 billion) in revenue in 2024. Unilever is in the process of spinning off its ice cream division, however, into a separate entity which involves cutting some 7,500 jobs across its brands globally.

    Cohen and Greenfield founded the business in 1978 in Burlington, Vermont, where it is still based.

    NBC News has contacted Unilever for comment overnight but had not received any at the time of publication.

    This post appeared first on NBC NEWS

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    Investing

    Green Technology Metals

    Investing 8 Mins Read

    Investor Insight

    Green Technology Metals aims to build Ontario’s first integrated lithium business, developing two mining hubs and a downstream conversion facility to supply North America’s fast-growing EV and battery industry. The company’s approach is straightforward: bring Seymour into production, secure the downstream footprint at Thunder Bay with EcoPro, and then layer in Root as a long-life second feed. The plan is underpinned by offtake agreements, government funding and a management team with direct experience building lithium mines.

    Overview

    Green Technology Metals (ASX:GT1) is building Ontario, Canada’s first integrated lithium business, anchored by three upstream assets and a planned downstream conversion facility. The portfolio consists of the flagship Seymour project, the large-scale Root lithium project, and the Junior exploration project, which together provide a clear pipeline of feed into a proposed lithium hydroxide facility in Thunder Bay, Ontario.

    The company is actively leveraging Canadian policy support for critical minerals development and supporting a growing number of EV and battery manufacturers in Ontario. The province’s Building More Mines Act, alongside several federal programs, is creating a supportive funding environment for new projects. GT1 has already received conditional approval for C$5.5 million from the Critical Minerals Innovation Fund (CMIF) to support road and infrastructure upgrades at Seymour. In addition, the company has received a letter of intent for a C$100-million project financing support from Export Development Canada, and has pending applications with SIF/NRCan and CMIF Round 2, including a C$5-million submission tied to the Root project. These mechanisms substantially de-risk the financing path and provide tangible momentum toward development.

    The strategy is being executed in three phases. First, Seymour will be brought into production with a concentrator based on a dense media separation flowsheet, taking advantage of coarse spodumene mineralogy and proven metallurgical performance. Second, GT1 will construct the Thunder Bay lithium conversion facility in partnership with EcoPro Innovation, replicating proven hydrometallurgical technology to produce battery-grade lithium hydroxide. Finally, Root will be developed as the company’s second, larger mining hub, designed to provide long-life scale and additional feed into the Thunder Bay facility.

    Pilot processing of 600 kg of Seymour concentrate produced exceptional overall recoveries averaging >94 percent.

    Strategic partnerships reinforce this integrated model. LG Energy Solution has secured a binding offtake for a portion of Seymour’s concentrate production and has invested directly into GT1, providing early validation of the project’s place in the EV supply chain. EcoPro Innovation, as the company’s technical partner on the Thunder Bay facility, has already piloted Seymour concentrate into high-purity lithium hydroxide.

    Company Highlights

    • Integrated strategy in Ontario: The Seymour and Root projects form the foundation for a vertically integrated lithium business, supported by a proposed lithium hydroxide plant in Thunder Bay, Ontario, with rail, port, power, gas and water access.
    • Marketing and offtake secured: LG Energy Solution has a binding offtake for 25 percent of Seymour concentrate and has invested directly into the company, demonstrating strong downstream demand.
    • Strategic process partner: EcoPro Innovation is co-developing the conversion facility. Pilot work has already produced battery-grade lithium hydroxide with high recoveries.
    • Government backing: GT1 has secured conditional approval for significant funding programs, including C$5.5 million for road upgrades, a C$100 million project financing support LOI from EDC, and additional CMIF and SIF applications.
    • Resource base: A combined inventory of over 30 Mt @ ~1.2 percent lithium oxide across Seymour and Root, providing both near-term production and long-life scale.
    • By-product upside: Seymour hosts a significant rubidium resource in mica streams that could be recovered alongside lithium, creating an additional revenue line.

    Key Projects

    Seymour Lithium Project

    The Seymour lithium project, near Armstrong, Ontario, contains a total resource of 10.3 million tonnes (Mt) @ 1.03 percent lithium oxide, including 6.1 Mt indicated @ 1.25 percent lithium oxide. Mineralization is hosted in the North and South Aubry pegmatites, which remain open along strike and at depth. An optimized preliminary economic assessment (PEA) demonstrated strong project economics based on a DMS-only concentrator producing 130 ktpa. Key numbers include a C1 cash cost of US$680/t, an after-tax NPV of US$251 million, an IRR of 33 percent, and a three-and-a-half-year payback.

    The project benefits from existing road and rail access, low strip ratios, and simple metallurgy with coarse spodumene that responds well to dense medium separation (DMS). Mining leases were granted in August 2025, the environmental assessment submission has been lodged, and the closure plan is nearing completion.

    An offtake agreement with LG Energy Solution secures sales for 25 percent of initial concentrate production. Seymour also includes a maiden rubidium resource (8.3 Mt @ 0.27 percent rubidium oxide, with a 3.4 Mt high-grade core at 0.40 percent), which can be recovered from mica streams already separated in the flow sheet, creating potential for a by-product circuit.

    Thunder Bay Lithium Conversion Facility

    GT1 and EcoPro Innovation are developing a lithium hydroxide monohydrate facility in Thunder Bay. The selected site is fully serviced with rail access, 44 kV power, municipal water and gas, and port facilities. The plant will replicate EcoPro’s operating hydromet trains, with two parallel ~13 ktpa back-end lines designed to scale with Seymour and Root concentrate supply.

    Pilot-scale processing of 600 kg of Seymour concentrate at EcoPro’s Pohang facility achieved battery-grade lithium hydroxide, meeting downstream specifications with >94 percent overall recovery. This demonstration significantly de-risks the conversion step and supports ongoing financing discussions with Invest Ontario, SIF and EDC. The project is being advanced through PFS-level engineering, with permitting and JV structuring underway.

    Root Lithium Project

    Located in Northwestern Ontario, Root is GT1’s scale project, hosting 14.6 Mt @ 1.21 percent lithium oxide (10.0 Mt Indicated @ 1.32 percent). The April 2025 optimized PEA outlined a combined open-pit and underground mining scenario producing ~213 ktpa. The project carries a C1 cost of ~US$677/t, an after-tax NPV of US$668 million, an IRR of 53.5 percent, and a three-year payback.

    Root enjoys outstanding infrastructure advantages: road and rail access, proximity to port, and most critically, grid hydro power delivered by the Watay transmission line, reducing both operating costs and upfront capex for power infrastructure. Drilling has confirmed stacked pegmatite bodies that remain open along strike and down dip, leaving scope for significant resource expansion. A bulk sample has been completed, with further testwork and pilot runs at EcoPro planned. Permitting is in its early stages, with a PFS targeted for 2026 and potential construction by late 2027.

    Junior Lithium Project

    The Junior project is located near Seymour and contains three drill-ready targets. Its proximity to the planned Seymour concentrator makes it a strategic satellite project, with the potential to extend Seymour’s mine life and provide incremental feed. Drilling is expected to test these targets in upcoming campaigns, potentially increasing the overall feed available for the Seymour hub.

    Management Team

    John Young – Non-executive Chairman

    John Young co-founded Pilbara Minerals and played a key role in transforming it into a multi-billion-dollar lithium producer. His background as a geologist spans more than three decades, with significant contributions across discovery, development and financing of lithium and gold projects. At GT1, Young provides strategic oversight and proven operational expertise to scale a lithium developer into a fully integrated producer.

    Cameron Henry – Managing Director

    Cameron Henry was appointed managing director in June 2024, stepping up from his earlier role as executive director. A founder and substantial shareholder of GT1, Henry has over 20 years’ experience in minerals processing and project delivery. Prior to GT1, he built Primero Group into a respected global leader in lithium infrastructure EPC, successfully executing major projects in Australia and globally. His role is to drive Seymour into production and to lead the execution of the Thunder Bay downstream strategy.

    Patrick Murphy – Non-executive Director

    Patrick Murphy brings nearly two decades of experience in resource sector investment and deal-making. He has held senior positions at Macquarie and AMCI Group, with expertise in capital deployment, project financing and strategic partnerships. His presence on GT1’s board ensures strong connectivity to the financial community and a disciplined approach to structuring project funding.

    Robin Longley – Non-executive Director

    With more than 30 years of experience in exploration and project evaluation, Robin Longley is a seasoned geologist who has led successful exploration and development programs across lithium, gold and other critical minerals in Australia, Canada and Africa. His practical technical knowledge and management experience strengthen GT1’s ability to evaluate and expand its Ontario portfolio.

    Han Seung Cho – Non-executive Director

    Representing EcoPro Innovation, Han Seung Cho serves as a direct link between GT1 and its strategic partner on the Thunder Bay conversion facility. As general manager of EcoPro’s strategic business team, he brings decades of experience in lithium procurement, downstream offtake structuring, and project development for LHM plants. His position ensures that GT1’s downstream ambitions remain closely aligned with end-user requirements in the battery sector.

    This post appeared first on investingnews.com

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    Laramide Identifies Targets for 15,000 Meter Drill Program at Kazakhstan Uranium Project

    Investing 2 Mins Read

    Laramide Resources (TSX:LAM,ASX:LAM,OTCQX:LMRXF) announced that it has identified multiple target areas for a 15,000 meter drill program at its Chu-Sarysu project in Kazakhstan.

    Uranium remains the company’s primary focus, but the asset is also prospective for rare earths and copper.

    “This inaugural exploration program for Laramide in Kazakhstan is targeting high-grade, large-scale uranium deposits, amenable to cost-efficient and environmentally responsible in-situ recovery mining, and within a district that already hosts infrastructure and producing operations, which provides clear cost advantages,” said President and CEO Marc Henderson in a press release shared on Monday (September 15).

    Situated in the Suzak District of the South Kazakhstan Oblast, Chu-Sarysu is located in one of Kazakhstan’s main uranium-producing basins. The country accounted for almost 40 percent of global U3O8 production in 2024, with the Chu-Sarsyu and neighboring Syr Darya basins contributing over 75 percent of the nation’s output.

    Chu-Sasryu is Laramide’s only asset outside the US and Australia, and forms part of Laramide’s three year option agreement to acquire shares of Kazakh company Aral Resources. The agreement closed in December 2024, and Laramide has the option to acquire all of Aral’s shares and gain full ownership of the project.

    As part of its efforts, Laramide has compiled a large dataset from Kazakhstan’s state National Geological Services with assistance from local geological contractors over the past year.

    “We have found the Kazakhstan Government to be supportive of mineral exploration with policies that encourage foreign investment and streamline permitting,” Henderson added. “This creates a favourable environment for advancing new discoveries that can ultimately contribute to the growing global demand for nuclear fuel.”

    Laramide submitted the required exploration work plans to Kazakhstan’s Ministry of Industry and Construction this year, and the remaining permits for drilling are currently being finalized.

    Phase 1 of drilling is expected to begin toward the end of 2025.

    Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

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    Coinbase Expands USDC Rewards to Canada

    Investing 3 Mins Read

    Coinbase Global (NASDAQ:COIN) said on Tuesday (September 16) that it is rolling out rewards on USD Coin (USDC) balances for Canadian users, offering returns of up to 4.5 percent

    This marks the first time Canadians can automatically earn interest-like payouts simply by holding USDC on the platform. Coinbase customers in Canada will receive 4.1 percent annualized rewards on their USDC, paid weekly.

    Members of Coinbase One, the company’s subscription service, can boost the rate to 4.5 percent on up to US$30,000 in holdings, while any amount above that earns the base 4.1 percent.

    There are no lockups or opt-ins required, and users retain full access to withdraw or spend their USDC at any time.

    USDC is a stablecoin that is pegged 1:1 to the US dollar and backed by reserves of cash and short-term US treasuries held with regulated institutions. Unlike volatile cryptocurrencies such as Bitcoin, stablecoins are designed to maintain price stability, making them more suitable for payments, savings and yield-generating products.

    Angus Reid research conducted for Coinbase in August 2024 shows 83 percent of Canadians believe the global financial system needs an overhaul, while 91 percent think domestic banks prioritize profits over customers’ financial wellbeing.

    Coinbase’s Canadian rollout builds on the company’s November 2024 introduction of USDC rewards through Coinbase Wallet, with a 4.7 percent annual yield offered to global users.

    At the time, the company highlighted USDC’s utility in combining “the stability of the U.S. dollar with the power and speed of the internet,” enabling instant, borderless transactions.

    “Along with earning rewards, you can send USDC on Base instantly and with zero fees,” Coinbase said when it launched the wallet-based program last year, noting that payouts would be deposited monthly into user accounts.

    That feature was made available across most regions, including the US.

    The wallet program also builds on another strategic advantage of stablecoins: cross-border efficiency. Transactions conducted on blockchain networks like Base, Coinbase’s Ethereum Layer 2 chain, are settled in real time, which means the fees and delays associated with traditional payment rails are sidestepped.

    The Canadian launch arrives as stablecoins gain momentum in mainstream finance. Companies including Visa (NYSE:V), PayPal Holdings (NASDAQ:PYPL) and a growing number of fintech platforms have announced integrations in the past year, allowing users to pay, settle or transfer value using tokens like USDC and Tether’s USDT.

    Coinbase is betting that frustration with legacy systems, combined with the appeal of higher yields and fast payments, will be enough to tip more users toward digital assets.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

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    NVIDIA Facing Weak Demand for New Chip as Chinese Firms Turn to Homegrown Silicon

    Investing 3 Mins Read

    NVIDIA’s (NASDAQ:NVDA) new RTX6000D chip, built to comply with US export curbs, is seeing little demand from major Chinese firms, sources familiar with the matter told Reuters this week.

    Tests showed it lags the banned RTX5090, which remains widely available through gray market channels at less than half the RTX6000D’s price of roughly 50,000 yuan (around US$7,000).

    NVIDIA currently faces a balancing dilemma in China, where the US has barred exports of its most advanced processors to limit Beijing’s artificial intelligence (AI) progress, forcing the company to design downgraded models.

    While sell-side analysts had forecast robust demand, including projections of 1.5 million to 2 million RTX6000Ds produced in the second half of 2025, some of China’s biggest technology buyers appear unconvinced.

    Instead, tech giants Alibaba (NYSE:BABA), Tencent Holdings (OTC Pink:TCEHY,HKEX:0770) and ByteDance are waiting for clarity on shipments of NVIDIA’s H20, the most powerful AI processor the US has permitted the firm to sell in China.

    The US reinstated licenses for the H20 in July, but deliveries have not restarted. Companies are also watching closely to see whether NVIDIA’s B30A, a stronger model still under review in Washington, will win approval.

    Chinese tech firms turn to local alternatives

    At the same time, NVIDIA is facing a longer-term challenge: leading Chinese firms are beginning to lean more heavily on their own silicon. Alibaba and Baidu (NASDAQ:BIDU) have started using internally designed chips to train AI models, according to the Information, marking a shift away from exclusive reliance on NVIDIA hardware.

    Alibaba has deployed its chips for smaller AI models since early this year, while Baidu is experimenting with training new versions of its Ernie AI model using its Kunlun P800 processor.

    According to the report, three employees who have worked with Alibaba’s chip said that its performance is now competitive with NVIDIA’s H20, a sign of the rapid improvement in China’s homegrown designs.

    Neither Alibaba nor Baidu responded to requests for comment from Reuters.

    In response to the report, NVIDIA said: “The competition has undeniably arrived … We’ll continue to work to earn the trust and support of mainstream developers everywhere.”

    Although most companies still rely on NVIDIA chips for their most advanced systems, Beijing has made clear that it wants its local firms to reduce dependence on foreign suppliers by adopting domestic alternatives where feasible.

    Regulatory pressure from Beijing

    Compounding NVIDIA’s difficulties, China’s market regulator has accused the US chipmaker of violating anti-monopoly laws. The watchdog did not specify what conduct was under investigation, but said it will continue its probe.

    NVIDIA refuted the allegations, stating that it has complied with Chinese law “in all respects” and pledging to cooperate with “all relevant government agencies.”

    The company has been under scrutiny in China since December, when regulators launched an initial inquiry seen as a countermeasure in the wider semiconductor standoff with Washington.

    NVIDIA CEO Jensen Huang said late last month that discussions with the White House over licensing a less advanced version of its next-generation chip for China “will take time.”

    Separately, the company has reportedly struck a deal with US President Donald Trump to exchange 15 percent of its China sales revenue from H20 chips in return for export approvals.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

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