Camfil Releases 2024 Sustainability Report Emphasizing Transparency, Circularity, and Climate Action
Riverdale, NJ, June 01, 2025 (GLOBE NEWSWIRE) — In a year defined by heightened global expectations around corporate climate accountability, Camfil, a global leader in clean air technology, has published its 2024 Sustainability Report. The document offers a comprehensive, evidence-based account of the company's ESG progress, centered around measurable goals, rigorous data collection, and alignment with the EU's Corporate Sustainability Reporting Directive (CSRD).
A Clear Shift from Rhetoric to Responsibility
Camfil's latest sustainability report distinguishes itself with clear metrics and transparent reporting. The company disclosed total Scope 1 and 2 greenhouse gas emissions of 33,262 metric tons of CO₂ equivalent in 2024, up from 30,866 in 2023. The increase is attributed to business expansion, with mitigation efforts underway, including LED retrofit programs at its Conover facility in North Carolina and solar energy installations in Haslingden, UK and Ipoh, Malaysia.
Camfil also advanced its commitment to circular design. Its AirCair Service—an end-to-end air filtration lifecycle solution—uses 100 percent renewable coconut-shell activated carbon and refillable CamCarb XG filters, significantly reducing landfill waste and industrial emissions.
Global Standards, Local Actions
With operations in more than 35 countries and a workforce of 5,700, Camfil's sustainability efforts go well beyond policy. The company's internal CamfilCairing 2024 campaign featured safety and health-focused activities across regional offices. Events ranged from emergency drills in Taiwan to employee wellness checks in the United Kingdom, all built around the theme 'Safety First.'
Further, Camfil continues to influence industry-wide air quality benchmarks through its leadership in shaping ISO 16890, ISO 10121, and the upcoming Eurovent 4/26 standards. These contributions position the company not only as a manufacturer but as a global voice for clean air policy.
Data-Backed Innovation Driving Results
Camfil's proprietary Life Cycle Cost (LCC) software remains a cornerstone of its customer engagement strategy. The tool, backed by decades of real-world data, allows commercial clients to optimize their HVAC filter choices for energy efficiency and cost savings. According to the report, HVAC systems can represent up to 50 percent of a commercial building's energy consumption.
Case studies in Thailand and Mexico demonstrated real-world impact, with CO₂ reductions exceeding 8,800 tons annually and energy savings that translated into hundreds of thousands of euros in cost reductions.
Policy Meets Practice
The report also addresses risks and areas for improvement. Camfil's first Double Materiality Assessment identified product recyclability, energy use, and labor conditions in global supply chains as priority areas. The company has responded by enhancing its supplier contracts, expanding whistleblower protections, and developing new governance frameworks to monitor these risks.
On the social front, Camfil has implemented a group-wide Code of Conduct training, expanded anti-corruption programs, and set gender equity targets, including increasing women in leadership roles to 35 percent by 2030.
2024 Sustainability Highlights at a Glance
Environmental Sustainability Camfil's guiding vision is rooted in the belief that 'Clean Air is a Human Right.'
55% of Eurovent-rated comfort filters achieved A+ or A energy ratings.
The Life Cycle Cost (LCC) software continues to help clients reduce energy usage and cost.
CO₂ Reductions: GPSC Thailand saved 8,800 tons CO₂/year—equivalent to 4,400 cars removed from roads. Pesquería, Mexico reduced CO₂ by 1,100 tons/year while adding €555,000 in annual profit.
Refillable, recyclable products like CamCarb XG promote circular design.
Solar and LED energy projects in the U.S., UK, and Malaysia are cutting emissions and costs.
Social Responsibility Camfil employs 5,700 people across 35+ countries.
CamfilCairing 2024 featured safety-focused events globally, including Malaysia, Sweden, and China.
OSHA incident rate dropped to 1.7 in 2024 from 2.8 in 2023.
100% of new hires enrolled in Code of Conduct training; 75–85% completion rate reported.
Over 70% participation in updated anti-corruption and trade compliance training.
Resource & Waste Management Total waste decreased 8% year over year; 67% of waste was diverted from landfills.
The AirCair Service uses renewable coconut shell carbon for VOC capture.
The world's largest AMC filter regeneration center opened in Taiwan, creating 300 jobs.
Clean Operations Total energy use for 2024: 101 GWh.
Scope 1 & 2 emissions: 33,262 metric tons CO₂e, up due to operational expansion.
100% of Camfil sites are ISO 9001 certified; 40% have ISO 14001 environmental certification.
Governance & Transparency A Double Materiality Assessment identified key ESG risks including recyclability and labor conditions.
Camfil has aligned sustainability governance with EU CSRD mandates.
Conflict mineral policies and a multilingual whistleblowing system support ethical sourcing and reporting.
Source Links and Media Contact
Official Press Release and Source Citations:
Media Contact:
Lynne LaakeDirector of Marketing, Camfil USA Inc.Riverdale, New Jersey T: 888.599.6620
E: [email protected] F: Friend Camfil USA on FacebookT: Follow Camfil USA on TwitterY: Watch Camfil Videos on YouTubeL: Follow our LinkedIn Page
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NevGold Adds More Significant Oxide Gold-Antimony Results: 7.04 g/t AuEq Over 15.2 Meters (6.37 g/t Au And 0.15% Antimony) Within 4.14 g/t AuEq Over 29.0 Meters (3.56 g/t Au And 0.13% Antimony), and Expands Gold-Antimony Mineralization Over 400 Meters Along Strike at the Limousine Butte Project, Nevada
Vancouver, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. ('NevGold' or the 'Company') (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has discovered further significant oxide gold-antimony ('Antimony', 'Sb') drill results at its Limousine Butte Project (the 'Project', 'Limo Butte') in Nevada. The Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world's prolific mining jurisdictions. Key Highlights Some of the highest gold-antimony grades seen to date at Resurrection Ridge including: LIM-46: 7.04 g/t AuEq* over 15.2 meters (6.37 g/t Au and 0.15% Sb), within 4.14 g/t AuEq* over 29.0 meters (3.56 g/t Au and 0.13% Sb LB016: 0.61 g/t AuEq* over 36.6 meters from surface (0.16 g/t Au and 0.10% Sb) extending mineralization over 400 meters along strike and opening up large, undrilled areas of the Project for further expansion; the mineralization footprint now expands over 800 meters at Resurrection Ridge (see Figure 1, Figure 2) within a larger +5 km strike length between Resurrection Ridge and Cadillac Valley (Figure 3) *Gold equivalents ('AuEq') are based on assumed metals prices of US$2,000/oz of gold and US$35,000 per tonne of antimony (~30% discount to current spot prices), and assumed metals recoveries of 85% for gold and 70% for antimony. Drillholes at Resurrection Ridge are drilled with spacing showing strong potential to advance the Project to an initial gold-antimony Mineral Resource Estimate ('MRE') (see Figure 1) Over 20 holes have been released to date; the Company has more than 30 holes with pending results from Resurrection Ridge and Cadillac Valley Metallurgical testwork program has commenced with over 100 kg bulk sample from the Project and NevGold core drilling; results are expected over the coming weeks Resurrection Ridge and Cadillac Valley oxide gold-antimony mineralization demonstrates the significant oxide gold-antimony potential across a large, open mineralized footprint (Figure 1, Figure 4) All areas at the Project with gold-antimony potential are permitted and ready to drill under the Limo Butte Plan of Operations ('PoO') approved in November-2024 (see NevGold News Release from November 27, 2024) Significant antimony (Sb) upside: historical drilling had an upper detection limit of 1% Sb but drill intervals exceeded the limit; these samples are currently being re-assayed at American Assay Lab in Reno, Nevada NevGold will continue re-evaluating historical drilling from the Project, focusing on both oxide gold and antimony Limo Butte Planned 2025 Activities / Status Update NevGold will continue its active exploration program at Limo Butte including: Evaluate the historical geological database with focus on gold and antimony (in progress); Re-analyze historical drilling with focus on gold and antimony (in progress); Metallurgical testwork (in progress); Drill test gold-antimony targets (in planning phase). Figure 1 – Limousine Butte Gold-Antimony Project with selected gold-antimony drillhole view image please click here Figure 2 – Limousine Butte Gold-Antimony Project cross-section with selected gold-antimony drillhole results. Thin colored discs show Antimony (Sb ppm) in drilling, and wide colored discs show Gold (Au ppm) in drilling. To view image please click here Figure 3 – Limousine Butte Gold-Antimony Project with selected gold-antimony drillhole results at Resurrection Ridge and Cadillac Valley. The total strike length between Resurrection Ridge and Cadillac Valley is + view image please click here NevGold CEO, Brandon Bonifacio, comments: 'These results have some of the highest oxide gold-antimony grades that we have seen to date at Limo Butte. We have also started to expand the mineralization footprint at Resurrection Ridge, with over 800 meters defined, and we still have over 30 holes to release prior to commencing our 2025 drill program. We are continuing to see exceptional oxide gold-antimony results across a large area at the Project, and we will remain focused on adding to the mineralization footprint and filling in some of the gaps in the gold-antimony geological database, with the goal of rapidly advancing Limo Butte to an initial gold-antimony Mineral Resource Estimate ('MRE') in 2025. Our metallurgical testwork program continues to advance to outline the optimal flowsheet to recover the gold and antimony, and we are expecting results over the coming weeks. The environment is optimal to continue to advance and unlock the gold-antimony potential at Limo Butte as there is a clear commitment from the United States to advance high-quality, domestic, mineral projects.' Historical and Re-Assayed Drill Results Hole ID Length, m* g/t Au % Sb g/t AuEq** From, m To, m Resurrection Ridge LIM-46 29.0 3.56 0.13% 4.14 120.4 149.4 including 15.2 6.37 0.15% 7.04 126.5 141.7 LB016 36.6 0.16 0.10% 0.61 0 36.6 LB018*** 74.7 0.45 0.23% 1.47 36.6 111.3 including 18.2 0.92 0.60% 3.59 73.2 91.4 also including 6.0 0.31 0.96% 4.61 73.2 79.2 LB030*** 12.2 0.58 0.32% 2.03 170.7 182.9 LB002*** 25.0 0.07 0.13% 0.67 0.0 25.0 LB21-002*** 64.0 0.72 0.33% 2.19 48.2 112.2 including 24.1 1.47 0.60% 4.17 50.6 74.7 also including 4.5 1.43 2.10% 10.86 67.4 71.9 LB21-003*** 20.1 1.91 0.17% 2.68 62.5 82.6 LB024*** 61.0 0.26 0.18% 1.07 79.3 140.2 LB023*** 67.1 1.30 0.18% 2.11 24.4 91.5 including 30.5 2.79 0.33% 4.29 30.5 61.0 also including 16.8 5.05 0.46% 7.12 42.7 59.4 LB029*** 79.3 0.53 0.14% 1.16 122.0 201.2 including 18.3 0.52 0.30% 1.86 128.0 146.3 LB013*** 49.7 0.15 0.26% 1.29 30.8 80.5 LB21-005*** 79.2 0.22 0.08% 0.56 64.5 143.7 including 8.6 0.59 0.46% 2.66 65.5 74.1 LB006*** 86.9 1.11 0.30% 2.46 36.6 123.4 including 12.8 1.83 0.87% 5.75 79.2 92.0 also including 6.7 2.29 +1%**** 6.77 85.3 92.0 LB001*** 63.9 0.21 0.33% 1.69 13.1 77.0 including 17.7 0.38 0.83% 4.10 55.2 72.8 also including 6.4 0.16 +1%**** 4.64 55.2 61.6 LB003*** 22.3 2.26 0.32% 3.69 67.1 89.3 including 7.9 5.97 0.57% 8.55 81.4 89.3 LB004*** 110.4 0.19 0.12% 0.73 0.0 110.4 including 36.6 0.24 0.21% 1.16 6.7 43.3 LIM-40*** 54.9 1.20 0.64% 4.07 18.3 73.2 including 12.2 2.12 +1%**** 6.60 48.8 61.0 LIM-45*** 36.6 1.23 0.40% 3.02 24.4 61.0 including 12.2 0.35 +1%**** 4.83 36.6 48.8 LIM-48*** 61.0 0.77 0.41% 2.61 24.4 85.4 including 24.4 0.37 0.77% 3.82 48.8 73.2 Hole ID Length, m* g/t Au % Sb g/t AuEq** From, m To, m Cadillac Valley LB22-007*** 169.2 0.89 0.18% 1.70 213.5 382.7 including 54.4 2.26 0.13% 2.85 213.5 267.9 also including 3.10 0.76 2.76% 13.15 259.2 267.9 LB22-006*** 124.7 0.84 0.11% 1.34 127.4 252.1 including 24.3 1.32 0.20% 2.23 160.6 184.9 LB22-019*** 28.9 1.09 0.04% 1.27 170.7 199.6 LB054*** 12.2 0.42 0.08% 0.79 12.2 24.4 *Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness. **The gold equivalents ('AuEq') are based on assumed metals prices of US$2,000/oz of gold and US$35,000 per tonne of antimony (~30% discount to current spot prices), and assumed metals recoveries of 85% for gold and 70% for antimony. ***Selected drillholes released in previous News Releases on February 27, 2025, March 26, 2025, April 10, 2025, April 24, 2025, May 13, 2025, and June 3, 2025. **** Historical drilling had an upper detection limit of 1% Sb but many drill intervals exceeded the limit. Limo Butte Geology & Antimony Summary A review of historical geochemical and drilling data at the Limousine Butte Project has identified multiple areas with strong gold-antimony potential. These zones correlate closely with outcrops of the Devonian Pilot Shale, the primary host rock for Carlin-type gold mineralization in the area. Positive gold grade at Limousine Butte is typically associated with silicification and the formation of jasperoid breccias within the Pilot Shale, an alteration feature also observed in the positive antimony results. Through the Project data review, the Company uncovered reports detailing two small-scale historic mining operations at the Nevada Antimony Mine and Lage Antimony Prospect within the Limo Butte Project boundary. The Nevada Antimony Mine featured two prospect pits that extracted stibnite (formula: Sb2S3) from a hydrothermal breccia. The Lage Antimony Prospect reported historical unverified sampling results with up to 14.46% Antimony with additional prospect pits extracting antimony. Historical geochemical rock chip sampling within the past-producing Golden Butte pit from a Brigham Young University ('BYU') Thesis study produced numerous results that exceeded 1% antimony in jasperoid breccias (see Figure 1). Several results were greater than 5% antimony, including a sample of 9.6% antimony with visible stibnite and stibiconite. BYU Thesis Report NevGold VP Exploration, Greg French, comments: 'These results are some of the strongest gold-antimony grades seen at the Project. It is also encouraging to see the mineralization extend along strike to the south where there is little antimony assay drill data, and to the north where there is minimal historical drilling. With our robust understanding of the structures and key mineralization host rocks, these areas will be a focus of our 2025 drilling as we look to expand the oxide gold-antimony mineralization footprint along strike. We are excited to commence our 2025 drill program shortly which will be focused on strengthening our current gold-antimony geological database, along with making new gold-antimony discoveries.' Figure 4 – Limousine Butte Project with historical antimony in rock chips and soils. The total strike length between Resurrection Ridge and Cadillac Valley is +5km. To view image please click here US Executive Order – Announced March 20, 2025 The Company is pleased to report the recent, sweeping Executive Order to strengthen American mineral production and reduce U.S. reliance on foreign nations for its mineral supply. Antimony (Sb) has been identified as an important 'Critical Mineral' in the United States essential for national security, clean energy, and technology applications, yet no domestically mined supply currently exists. The Executive Order invokes the use of the Defense Production Act as part of a broad United States ('US') Government effort to expand domestic minerals production on national security grounds. As it relates to project permitting, the Order states that it will "identify priority projects that can be immediately approved or for which permits can be immediately issued, and take all necessary or appropriate actions…to expedite and issue the relevant permits or approvals." Furthermore, the Order includes provisions to accelerate access to private and public capital for domestic projects, including the creation of a "dedicated mineral and mineral production fund for domestic investments" under the Development Finance Corporation ("DFC"). This decisive action by the US Government highlights the urgent need to expand domestic minerals output to support supply chain security in the United States. This important Order will help revitalize domestic mineral production by improving the permitting process and providing financial support to qualifying domestic projects. Importance of Antimony Antimony is considered a 'Critical Mineral' by the United States based on the U.S. Geological Survey's 2022 list (U.S.G.S. (2022)). 'Critical Minerals' are metals and non-metals essential to the economy and national security. Antimony is utilized in all manners of military applications, including the manufacturing of armor piercing bullets, night vision goggles, infrared sensors, precision optics, laser sighting, explosive formulations, hardened lead for bullets and shrapnel, ammunition primers, tracer ammunition, nuclear weapons and production, tritium production, flares, military clothing, and communication equipment. Other uses include technology (semi-conductors, circuit boards, electric switches, fluorescent lighting, high quality clear glass and lithium-ion batteries) and clean-energy storage. Globally, approximately 90% of the world's current antimony supply is produced by China, Russia, and Tajikistan. Beginning on September 15, 2024, China, which is responsible for nearly half of all global mined antimony output and dominates global refinement and processing, announced that it will restrict antimony exports. In December-2024, China explicitly restricted antimony exports to the United States citing its dual military and civilian uses, which further exacerbated global supply chain concerns. (Lv, A. and Munroe, T. (2024)) The U.S. Department of Defense ('DOD') has designated antimony as a 'Critical Mineral' due to its importance in national security, and governments are now prioritizing domestic production to mitigate supply chain disruptions. Projects exploring antimony sources in North America play a key role in addressing these challenges. Perpetua Resources Corp. ('Perpetua', NASDAQ:PPTA, TSX:PPTA) has the most advanced domestic gold-antimony project in the United States. Perpetua's project, known as Stibnite, is located in Idaho approximately 130 km northeast of NevGold's Nutmeg Mountain and Zeus projects. Positive advancements at Stibnite including the technical development and permitting has led to US$75 million in Department of Defense ('DOD') awards, and over $1.8 billion in indicative financing from the Export Import Bank of the United States ('US EXIM') (see Perpetua Resources News Release from April 8, 2024) (Perpetua Resources. (2025)) Drillhole Orientation Details Hole ID Target Zone Easting Northing Elevation (m) Length (m) Azimuth Dip LIM-46 RR 667271 4417374 2187 182.9 0 -90 LIM016 RR 666518 4417359 2073 91 0 -90 LB018 RR 666993 4417308 2132 152.4 0 -90 LB030 RR 667143 4417273 2174 193.5 0 -60 LB002 RR 667177 4417244 2192 182.9 82 -50 LB21-002 RR 666979 4417343 2117 151.8 0 90 LB21-003 RR 667061 4417417 2129 183.5 0 90 LB024 RR 667217 4417423 2159 189 70 -80 LB023 RR 667143 4417273 2174 187 70 -60 LB029 RR 667128 4417307 2162 237.7 0 -90 LB013 RR 667142 4417273 2177 164.7 90 -50 LB21-005 RR 667279 4417487 2179 253.8 0 -90 LB006 RR 667030 4417384 2125 152.7 0 -90 LB001 RR 667036 4417384 2125 77 0 -90 LB003 RR 667134 4417528 2133 129.4 0 -90 LB004 RR 667313 4417277 2239 198.7 270 -50 LIM-40 RR 667018 4417409 2124 289.6 0 -90 LIM-45 RR 666929 4417389 2103 179.8 0 -90 LIM-48 RR 666927 4417374 2105 286.5 0 -90 LB22-007 CV 665211 4415453 2031 403.5 254 -86 LB22-006 CV 664692 4414921 2042 379.8 144 -77 LB22-019 CV 664433 4414318 2096 335.3 116 -66 LB054 CV 665323 4415090 2059 157.0 0 -90 Figure 5 – Limousine Butte Land Holdings and District Exploration Activity To view image please click here Engagement of Marketing Consultants The Company has retained Machai Capital Inc. ('Machai Capital'), based in Vancouver, Canada, to provide marketing services including advertising, press release distribution, native advertising of editorial, and additional services as may be determined. Machai Capital will utilize its expertise in branding, content and data optimization, search engine optimization, search engine marketing, lead generation, digital marketing, social media marketing, email marketing, and brand marketing to enhance the Company's marketing campaigns and increase awareness of the Company. The program is budgeted for C$350,000 over a two-month term starting on June 1, 2025. Machai Capital and its principals have an arm's length relationship with the Company. Machai Capital currently owns 50,000 shares of the Company. The Company has also retained Equedia Network Corporation ('Equedia Network'), based in Vancouver, Canada, to provide advertising, press release distribution, native advertising of editorial, and additional services as may be determined. The program will utilize non-generic marketing channels to provide the Company exposure to fresh investment audiences. The advertising program is budgeted for C$150,000 over a six-month term starting on June 1, 2025. Equedia Network and its principals have an arm's length relationship with the Company. Additionally, NevGold announces that it has entered into a digital marketing services agreement with Altura Media Co Inc. ('Altura'), who is based in British Columbia, for an initial three-month period expected to commence on June 9, 2025. Under the agreement, Altura will provide a comprehensive suite of services, including digital advertising, media creation, social media marketing and shareholder communications. In consideration of its services, the Company will pay Altura Media a fee of up to C$150,000. Altura and its principals have an arm's length relationship with the Company. ON BEHALF OF THE BOARD 'Signed' Brandon Bonifacio, President & CEO For further information, please contact Brandon Bonifacio at bbonifacio@ call 604-337-4997, or visit our website at Historical Data Validation NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. The Company's Qualified Person ('QP'), Greg French, Vice President, Exploration has completed a review of the historical data in this press release. The historic data collection chain of custody procedures and analytical results by previous operators appear adequate and were completed to industry standard practices. For the Newmont and US Gold data a 30g gold fire assay and multi-elemental analysis ICP-OES method MS-41 was completed by ISO 17025 certified ALS Chemex, Reno or Elko Nevada. Geochemical ICP (5g) analysis for the Wilson, Christianson and Tingey report was completed by Geochemical Services Inc. and the XRF analyses (glass disk or pellets) by Brigham Young University. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company's Vice President, Exploration, who is NevGold's Qualified Person under National Instrument 43-101 and responsible for technical matters of this release. About the Company NevGold is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and Idaho. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward Looking Statements This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate', 'suggest', 'indicate' and other similar words or statements that certain events or conditions 'may' or 'will' occur. Forward-looking statements include, but are not limited to, the proposed work programs at Limousine Butte, and the exploration potential at Limousine Butte. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such risks include, but are not limited to, general economic, market and business conditions, and the ability to obtain all necessary regulatory approvals. There is some risk that the forward-looking statements will not prove to be accurate, that the management's assumptions may not be correct or that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. References Blackmon, D. (2021) Antimony: The Most Important Mineral You Never Heard Of. Article Prepared by Forbes. Kurtenbach, E. (2024) China Bans Exports to US of Gallium, Germanium, Antimony in response to Chip Sanctions. Article Prepared by AP News. Lv, A. and Munroe, T. (2024) China Bans Export of Critical Minerals to US as Trade Tensions Escalate. Article Prepared by Reuters. Lv, A. and Jackson, L. (2025) China's Curbs on Exports of Strategic Minerals. Article Prepared by Reuters. Perpetua Resources. (2025) Antimony Summary. Articles and Videos Prepared by Perpetua Resources. Sangine, E. (2022) U.S. Geological Survey, Mineral Commodity Summaries, January 2023. Antimony Summary Report prepared by U.S.G.S U.S.G.S. (2022) U.S. Geological Survey Releases 2022 List of Critical Minerals. Reported Prepared by U.S.G.S Wilson, D.,J., Christiansen, E., H., and Tingey, D., G., 1994, Geology and Geochemistry of the Golden Butte Mine- A Small Carlin- Type Gold Deposit in Eastern Nevada: Brigham Young University Geology Studies, v.40, P.185-211. BYU V.40 P.185-211.
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Phillips – SVP Investor Relations and Corporate Affairsrob@ 290-1198 David Jackson – Director of IR/Capital Marketsdavid@ 299-0716 Abacus Global Management Public Relationspress@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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What Merz wants from Trump showdown meeting
New German Chancellor Friedrich Merz is making a high-stakes trip to meet US President Donald Trump - his first time in Washington DC as the leader of the European Union's largest economy. Tariffs, defence spending and the war in Ukraine will be high on the agenda when Merz meets Donald Trump on Thursday at the White House. There's also speculation that Trump's team - which repeatedly has weighed in on Germany's domestic politics - could subject him to an Oval Office "ambush". It would not be the first time. Both South African President Cyril Ramaphosa and Ukraine's Volodymyr Zelensky found themselves in awkward, tense or even fiery exchanges as the world's cameras rolled, capturing every moment. Those moments have turned once cosy, diplomatic moments in the Oval Office into potentially fraught, tight-rope walks for visiting leaders. Ahead of the visit, Berlin expressed confidence that the German side is ready. "I think he's well prepared for this meeting," Friedrich Merz's spokesman told reporters this week. Merz - from the centre-right CDU party - is not just prepared, but on friendly terms with the US President, according to German media. The pair are even said to have exchanged text messages and be on a first name basis, Germany's ARD news outlet has reported. It's always important to not talk for too long," Merz recently opined on German TV. "But to keep it short and also let him talk." Merz's forthright, "shoot-from-the-hip" style of politics could add an interesting dimension to the meeting. His remarks can be surprising and make headlines - a stark contrast to those of his more cautious predecessors, Olaf Scholz and Angela Merkel. Though a traditional supporter of transatlantic relations, Merz raised eyebrows in February by declaring the current US administration is "indifferent to the fate of Europe". So far, the White House has been uncharacteristically quiet about Merz's visit. It was only briefly mentioned by Press Secretary Karoline Leavitt in a gaggle with reporters on Monday, and not at all during briefings at the White House and State Department on Tuesday. Sources familiar with the visit suggested several topics that could dominate the conversation. Of these, tariffs would be among the most pressing, particularly after Trump doubled import taxes on steel and aluminium this week, prompting warnings of EU countermeasures. The US President also repeatedly expressed dismay with the speed of tariff negotiations with the EU. In May, he threatened to levy a 50% tariff on European goods, saying that it was "time that we play the game the way I know how to play the game". Trump later backtracked and delayed the tariffs until 9 July, a move that his US Trade Representative Jamieson Greer characterised as having a "fire lit" under the EU. Germany is the EU's largest exporter to the US, leaving the country's businesses are extremely agitated about any trade obstacles. Merz, a 69-year-old reputed millionaire with a corporate background, may feel confident about going toe-to-toe with Trump, who often hails himself as the consummate "dealmaker". Whether the Chancellor will be able to smooth the path for EU negotiators, however, remains to be seen. Constanze Stelzenmüller, an expert on German-US relations at the Brookings Institute, believes Merz's ability to push the negotiations along is limited, given that the EU as an institution has taken the lead on those talks. "Whatever Merz says is mood music, rather than being able to say that XYZ will happen, even if major nation states aren't without influence on the European Commission," she explained. "He has to tread a delicate line." When it comes to Ukraine, Merz is vocal in his support of Kyiv and in his criticism of Moscow - recently warning that the fighting could drag on, despite repeated talk of a ceasefire from the White House. Justin Logan, director of defence and foreign policy studies at the Washington DC-based Cato Institute, told the BBC he believes Ukraine will present a "dilemma" for the German side in the meeting. "They'll make a real effort to sell what frankly are the same arguments that have so far failed to persuade the White House," he said. Merz also has called for stiffer EU sanctions on Vladimir Putin and Russia - something Trump has so far not committed to, even as some lawmakers from within his own party have escalated calls to do so. Earlier this week, Leavitt said only that Trump has "kept this as a tool in his toolbox if necessary". "The strange thing for me is, that we haven't heard President Trump say yet, is that Europe has lots of cards it can play on its own," Mr Logan said, pointing to $228bn in frozen Russian assets held primarily in Belgium. "That's money that's just sitting there," he said. From the White House's point of view, the issue of Ukraine's defence is also inextricably linked to Trump's demands that NATO allies raise defence spending to 5% of their GDP. Germany's is 2% - well short of Trump's target, although German officials have signalled a willingness to move in that direction. "I don't think they've done enough," Mr Logan added. "And I suspect they can't do enough. The White House has to know that 5% is not a goal that any of the major European countries are going to reach." "The question then becomes: What's next?" Among the potential pitfalls the German delegation faces are the deep disdain that some members of Trump's cabinet - particularly Vice President JD Vance - have for the so-called "firewall" that keeps Germany's Alternative für Deutschland (AfD) party out of power. "If you're running in fear of your own voters, there is nothing American can do for you," Vance told the Munich Security Conference in February. Vance also broke diplomatic norms by meeting the AfD's leader, Alice Weidel, ahead of Germany's snap election that saw the party storm into second place. Since then, AfD has been classified as extremist by Germany's domestic intelligence service - although the public designation was paused pending a legal challenge. If confronted, Merz is unlikely to concede, having previously called on the US government to "stay out" of Berlin's domestic politics. While she believes a "Zelensky-style" Oval Office is unlikely, Stelzenmüller said a "worst case scenario" would be something more akin to the visit of Irish Prime Minister Micheál to the White House - an occasion promptly followed by a visit from his political foe, former UFC fighter Conor McGregor. Subsequent contact with the AfD or Alice Weidel, she added, would be seen as a provocation by Germany. "That would be DEFCON 1 for the bilateral," she said. Russia may attack Nato in next four years, German defence chief warns German chancellor promises to help Ukraine produce long-range weapons Germany decides to leave history in the past and prepare for war
