Latest news with #AMEC
ABC News
7 days ago
- Business
- ABC News
Shire of Coolgardie angers mining industry with 97 per cent rates hike
A cash-strapped regional shire in Western Australia's Goldfields is pushing on with plans to hike mining rates despite significant public backlash. The move has drawn the ire of industry titans in Perth and local prospectors. The Shire of Coolgardie, which was founded on the discovery of gold in 1892, has taken drastic steps since March when it revealed it was facing a $6.5 million budget deficit. The local government, colloquially known as "the mother of the Goldfields", was already dealing with an ongoing investigation into former CEO James Trail when it this month proposed raising mining rates by 119 per cent. The plan to increase the rate in the dollar for mining rates from 0.23667 to 0.52030 would result in increases for all operating mining companies and tenements within the shire. The proposal attracted 21 submissions during public consultation, with a further 179 submissions lodged in a petition. Objections flowed from major employers in the Goldfields, including companies controlled by mining magnates Andrew Forrest and Chris Ellison, and powerful lobby groups such as the Association of Mining and Exploration Companies (AMEC). At Tuesday's ordinary council meeting in Coolgardie, councillors voted in favour of a slightly reduced increase in the rate in the dollar of 0.46827. It equated to a 97 per cent increase in mining rates. Councillors also agreed to provide a 30 per cent concession for prospectors and a 25 per cent concession for exploration companies, reducing forecast rates revenue by $481,478. The shire has forecast rates revenue of $20.57 million in 2025-26, up $7.86 million from the $12.71 million forecast in 2024-25. Shire of Coolgardie president Mal Cullen had defended the proposed increase, telling the ABC the additional income would help cover the cost of a $10.4 million capital works program to repair roads damaged by increased heavy vehicle movements and mining activity in the past three years. "The reasoning behind the proposed increase is to maintain infrastructure in the shire, such as the road network," he said. "The cost of operation of local government these days is significant." Deputy shire president Tracey Rathbone said the shire had done its best under the circumstances, telling the packed public gallery at Tuesday's meeting that "voices have been heard". "It has not been an easy budget to work through," she said. The angry response to the proposed hike was reflected by the Eastern Goldfields Prospectors Association, which took out a full-page newspaper advertisement in Tuesday's edition of the Kalgoorlie Miner. The advertisement depicted the shire as the grim reaper and urged ratepayers to "stand with us", calling for the appointment of administrators and for Local Government Minister Hannah Beazley to intervene "before mining is destroyed". "We're upset, our members are ropeable they've been targeted to get the shire out of trouble," president Cranston Edwards said. "They just go to the mining industry for a quick fix, it's a like a drug addict … we've been attacked." Prospector Ferdinand Gere said the proposed rates hike was unrealistic and scandalous. Privately-owned gold miner, Corinthian Mining, said if approved, the rates bill on its tenements would jump nearly $300,000 a year to $511,534. The shire disputed that figure. Corinthian Mining managing director Noel Wemyss said it risked Coolgardie's reputation as a stable place to invest. Ms Beazley has been contacted for comment. Mr Ellison's Mineral Resources, which placed its Bald Hill mine near Kambalda into care and maintenance last year, has been working closely with the Shire of Coolgardie on plans to upgrade the Kambalda Airport. It said the proposed increases differed markedly from neighbouring local governments with no evidence-based rationale to justify the hike. In response to a similar comment during the council meeting's public question time, shire president Mal Cullen said each shire had different budget considerations to work through when drafting rate increases. Mineral Resources manager of land access and tenure, Michael Bycroft, said it would result in a $400,000 increase in rates, describing the proposed hike as "unfair and inequitable". Mr Forrest's Wyloo Metals, which closed its Kambalda nickel mines last year, wrote in its public submission to the shire that its rates bill would increase from $725,471 to $1.74 million as a result of the proposed hike. Wyloo's Kambalda asset president, Zoran Seat, noted the financial impact of the shire's decision to build a 328-bed workers camp in Kambalda, known as Bluebush Village. He said multi-million dollar losses from the effectively failed investment by the shire had directly contributed to its deficit. "We have serious concerns that the proposed rate hike is being implemented to raise funds to address the shortfall in finances the shire is facing, rather than as part of a fair or sustainable fiscal strategy," Mr Seat wrote. ASX-listed exploration company WIN Metals said its rates bill would jump from $299,000 a year to $511,000, which it described as "simply ridiculous". "The shire and its financial issues are entirely of its own creation," WIN Metals managing director Steve Norregaard said. A submission from AMEC chief executive Warren Pearce called it an "extraordinary leap", saying he was not unsympathetic to the shire's financial woes but "exorbitant rates" were not the solution. Mining giant Rio Tinto, via its general manager of technical services for lithium, Leigh Slomp, said mining growth was fragile. He pointed to a recent downturn in nickel and lithium as examples. "It threatens to severely undermine confidence in Coolgardie as a mining-friendly shire and ultimately reduce long-term revenue as companies reassess the attractiveness of operating in Coolgardie and its reputation as a stable place to invest," he said. Gold miner Evolution Mining, which this year completed a $228 million expansion of its Mungari operations, estimated the rates on its mining tenements would increase by $1.6 million to $2.8 million. Evolution Mining also owns the 100-bed Kurrajong Village in Coolgardie, with the company calculating the rates for the workforce accommodation would increase by $784,237 to $1.43 million. Mungari general manager Scott Barber said the increases would have lasting and long-term repercussions, adding the company would be asking the local government minister to intervene. ASX-listed Minerals 260 in January paid $166.5 million to acquire the Bullabulling gold project near Coolgardie. It plans to enter production in 2028 with a mine employing about 350 workers. Minerals 260 managing director Luke McFadyen said the proposed rates hike would deter investment in the region, reduce exploration activity and discourage the key industry which underpinned the local economy.
Yahoo
24-05-2025
- Climate
- Yahoo
Thousands without power in southwest Missouri
SOUTHWEST MISSOURI — As rainfall continues to pour through the area this weekend, hundreds are without power in the southwest Missouri area. According to City Utilities' (CU) outage map, 3,253 customers are currently experiencing power outages. 'Severe weather and high winds have caused outages in the northwestern part of town,' CU said early this morning. 'City Utilities crews are on-site and working safely and efficiently to restore power.' CU said that due to the number of utility poles that need to be replaced, they estimated at 6:46 a.m. that restoration repairs could take 7-8 hours. Those experiencing an outage please are encouraged to report it through City Utilities MyAccount at or by calling 888-863-900. Additionally, according to the Association of Missouri Electric Cooperatives (AMEC), these counties have seen a number of power outages: Greene County — 425 Douglas County — 753 Ozark County — 896 St. Clair County — 206 Christian County — 73 Dallas County — 65 Polk County — 56 This article will be updated throughout the day as rain persists. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Globe and Mail
22-05-2025
- Business
- Globe and Mail
AMEC Secures Dual First Place Rankings in 2025 TechInsights Semiconductor Supplier Awards Survey
SHANGHAI - May 16, 2025 - Advanced Micro-Fabrication Equipment Inc. China (AMEC), a leading global micro-fabrication equipment company serving customers in the semiconductor and adjacent high technology sectors, is proud to announce having won six awards in the 2025 TechInsights Semiconductor Supplier Awards. Most notably, AMEC has taken first place in the 'WFE to Foundation Chip Makers' and 'Deposition Equipment' categories. In addition to achieving the highest rating from customers in the referenced survey categories, AMEC also received the following four awards: Global Semiconductor Supplier Awards – Top 10 Customer Service – Focused Suppliers of Chip Making Equipment: Third place. Global Semiconductor Supplier Awards – Fab Equipment: Second place. Global Semiconductor Supplier Awards – WFE to Specialty Chip Makers: Third place. Global Semiconductor Supplier Awards – WFE to Foundation Chip Makers: First place. 2025 TechInsights Customer Satisfaction Survey Top 10 Customer Service Global Semiconductor Supplier Awards Since 1988, the TechInsights 'Annual Customer Satisfaction Survey' has been the only publicly available opportunity for customers to provide feedback on suppliers of semiconductor equipment and subsystems. In 2018 and 2019, AMEC was the only China-based company to be recognized in the prestigious list of winners; a list which includes leading companies from North America, Europe, and Asia. In acknowledging this noteworthy honor, Dr. YIN Zhiyao, Chairman and CEO of AMEC, emphasized the Company's deep appreciation for the recognition given by our customers and upstream/downstream partners. As Dr. Yin stated, the recognition serves as strong validation of AMEC's robust technological capabilities and exceptional commitment to service; qualities acknowledged by our customers and by our success in target markets. AMEC has consistently overcome complex technical challenges, delivering tailored solutions which meet the specific needs of its customers through brilliant innovation and unique product strategies. The Company is very proud to support its customers in achieving technological breakthroughs, production optimization and enhanced market competitiveness. Dr. Yin further stated that the Company will continue to focus groundbreaking efforts on the global technological frontier, while consistently refining and enhancing management capabilities. AMEC is committed to upholding its 'Five Big Ten' corporate culture and adhering to the three-dimensional development model to achieve high-speed, stable, healthy, and secure growth. The Company is laser focused on becoming a world-class leader in semiconductor equipment and high technology industries, both domestically and internationally. AMEC 'Five Big Ten' About AMEC: AMEC (SSE STAR Market stock code: 688012) is China's leading provider of process technologies, tools and expertise which enable global manufacturers of semiconductors and LEDs achieve their innovation, production, and profit goals. The CCP high—energy plasma and ICP low—energy plasma etching developed by AMEC, including more than ten types of segmented etching equipment, can cover most etching applications. The plasma etching equipment of AMEC has been widely used in domestic and international first—line customers, with numerous etching applications ranging from 65 nanometers to 5 nanometers and more advanced processes. In the past decade, AMEC has focused on developing various conductor and semiconductor chemical thin film equipment, such as MOCVD, LPCVD, ALD, and EPI equipment, and has made remarkable progress. The MOCVD equipment developed by AMEC for the production of LED and power device epitaxial wafers has already been put into mass production on the customer's production line and occupies a leading position in the global gallium nitride based LED MOCVD equipment market. In addition, AMEC is also laying out optical and electron beam detection equipment, and developing various semiconductor microfabrication equipment. These devices are key equipment for manufacturing various microscopic devices, capable of processing and detecting various devices at the micrometer and nanometer levels. These microscopic devices are the foundation of the modern digital industry, and they are transforming the way humans produce and live. In the past few years, AMEC has ranked third in the overall score four times in TechInsights' (formerly VLSI Research) global semiconductor equipment Customer Satisfaction Survey, with its thin—film equipment being rated first four times. Media Contact Company Name: Advanced Micro-Fabrication Equipment Inc. China (AMEC) Contact Person: Ellie Chen Email: Send Email Phone: +86 18516648912 City: Shanghai Country: China Website:
News.com.au
28-04-2025
- Business
- News.com.au
High Voltage: Miners welcome Aussie $1.2bn critical minerals stockpile plan
Anthony Albanese promises critical minerals stockpile if re-elected Move comes as country looks to shore up supply for domestic industries as China restricts exports AMEC CEO says more minerals and by-products should be included Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium. Prime Minister Anthony Albanese has pledged – if the Labor government gets back in at the upcoming election next month – a $1.2bn investment to set up an Aussie strategic reserve of critical minerals. Campaigning in Perth, the PM outlined plans to invest an initial $1.2 billion to establish the reserve, including a $1 billion increase to the existing Critical Minerals Facility. The move comes as the West looks to create a separate supply chain for minerals such as lithium, nickel and cobalt amid a market dominated by China, which has announced a swathe of export restrictions in response to US President Trump's tariffs. "It will mean we can deal with trade and market disruptions from a position of strength, because Australia will be able to call on an internationally significant quantity of resources in global demand," Albanese said in a statement. The idea is that the government would buy critical minerals from commercial projects, which would then be available to domestic industries and key international partners. As an added bonus, this national stockpile could also secure the country an exception from the US 10 per cent tariff on Australian exports. AMEC welcomes announcement; shadow minister questions it The Association of Mining and Exploration Companies (AMEC) CEO Warren Pearce welcomed the announcement. 'This is a positive step forward that aligns with the Critical Minerals Production Tax Incentive (CMPTI) and will provide a major boost for the developing critical minerals industry in Australia,' Pearce said. 'In the geopolitical context of today, critical minerals are more important than ever. 'This policy setting will help Australia leverage our position as a major critical minerals player in the global market. 'If done right this could help Australian critical minerals projects secure the financing they need to build new mines.' However, he specified there are a range of critical minerals and critical mineral by-products that should be considered. Shadow Minister for Resources, Senator Susan McDonald, also questioned if Labor's critical minerals reserve would include uranium, copper, bauxite and alumina. 'Will Labor match the Coalition's commitment to expand the critical minerals list to actually include those that our allies want and need?' she pondered. Senator McDonald confirmed a Coalition government would expand the critical minerals list to include copper, uranium, zinc, bauxite, alumina, aluminium, potash, phosphate and tin. MCA wants to see more exploration expenditure Likewise, Minerals Council of Australia (MCA) CEO Tania Constable questioned whether establishing a strategic reserve is the best approach. 'While we acknowledge that a reserve may increase Australia's chances of limiting the impact of US tariffs, this initiative is certainly not without domestic risk and may impact the commercial viability of operations through continued downward pressure on commodity prices,' she said. She pointed instead to the need to commit to the junior minerals exploration incentive which would support about $725m in greenfields exploration expenditure over the next decade. 'We must focus on the fundamentals that will give Australia back the edge over other mining nations. That means lower energy prices, a windback of draconian industrial relations laws, and faster environmental approval times,' Constable said. 'Australia's real advantage lies in securing end-to-end supply chains, building strategic partnerships with like-minded countries, and connecting Australian mines to international manufacturers. 'Security of supply is essential, but it's required at the end of the supply chain, not just at the beginning. 'That's why Japan and Korea are already working with Australian miners to lock in long-term commercial contracts.' We asked several stocks what they thought about the announcement… Trigg Mining (ASX:TMG) The company has the Wild Cattle Creek antimony project in NSW and newly appointed managing director Andre Booyzen said he wasn't sure if antimony would be included in the critical minerals being stockpiled. 'Unfortunately, it should have been done at least five years ago,' he said. 'The additional funding to assist projects getting off the ground would be welcome, as long as it isn't mired in red tape and bureaucracy (which I suspect will happen). 'The biggest problem with getting new project developed is the state government approval processes. 'They are long and onerous and give too much power to landowners. 'If this isn't fixed, then no amount of money will help and there will be no stockpiles.' Booyzen noted the antimony market worldwide is suffering extreme shortages of raw materials, and that even China is struggling with shortages as their antimony reserves are being depleted every year and they're unable to find new reserves. 'There are simply not enough antimony mines in the world to supply the demand,' he said. 'We anticipate the antimony price will go even higher, but will eventually settle and drop back to around $25-30k when new mines come online. 'We don't think this will be for at least another five years. 'By then most of the world would have used up their stockpiles and would need to stock up again.' VHM (ASX:VHM) VHM was recently awarded the mining licence for its near-term Goschen project in Victoria and with rare earths as its production stream (including the strategic rare earths of dysprosium and terbium). These are precisely the critical minerals that the government is seeking to develop and stockpile, CEO Ron Douglas said. 'This announcement continues the support of Western governments and provides comfort to investors (to invest) and impetus to export finance agencies and commercial banks to provide funding as VHM seeks to put their project finance in place to develop Goschen,' he said. 'VHM has advanced approvals, clear pathway to production, confirmed offtake/demand, compelling rare earth mineral assemblage, and dual revenue streams as we will also produce heavy minerals (zircon and titania minerals) and compelling economics.' Australian Strategic Materials (ASX:ASM) ASM is developing a rare earth and critical minerals mining and processing project in Dubbo, NSW, which includes niobium and a range of products vital for advanced manufacturing, clean energy, defence and aerospace. 'As a country, Australia can play a leading role in the development of secure, alternative rare earth and critical minerals supply chains and this initiative will add impetus to that objective,' managing director and CEO Rowena Smith said. ' one of the few relevant projects in Australia that is shovel ready and strategically positioned to address the needs of Australia and its allies. 'ASM looks forward to receiving further details of the strategic reserve and how the Dubbo project can support Australia's objectives.' Red Metal (ASX:RDM) RDM has the Sybella rare earths oxides project in Queensland where it's trialling low-cost bulk mining, heap leach processing methods. Managing director Rob Rutherford said one of the biggest challenges to getting a rare earth mine up and running is securing a market (i.e. magnet manufactures) for the REO products. 'I would like to see the Australian government build or fund magnet manufacturing capacity in industrialised countries such as Japan, US, Korea, India, Germany on the provision that these plants (funded in part by the Australian government) source their raw REO products from Australian mines,' he said. 'This would guarantee a market for Australian REO products. 'Creating a stockpile may guarantee global supply when demand is constrained but may also be an overhang on the market keeping prices low if the stockpile gets too large. 'So, there are pros and cons with this strategy if you are a raw materials suppling country like Australia.' Battery Metals Winners and Losers Here's how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese and vanadium is performing >>> Code Company Price % Week % Month % Six Month % Year Market Cap XTC XTC Lithium Limited 0.2 19900% 19900% 19900% 19900% $17,528,272 TKL Traka Resources 0.002 100% 100% 100% 33% $2,125,790 ENT Enterprise Metals 0.003 50% 0% -25% 0% $3,534,952 EMT Emetals Limited 0.004 33% 33% 0% -20% $3,400,000 AVW Avira Resources Ltd 0.008 33% 0% -60% -60% $1,464,902 M2R Miramar 0.004 33% 33% -43% -61% $3,987,293 CMO Cosmometalslimited 0.017 31% -11% 8% -50% $5,419,639 WIN WIN Metals 0.023 28% 21% -50% -45% $12,651,336 BUX Buxton Resources Ltd 0.03 28% -6% -52% -71% $8,007,277 KNI Kunikolimited 0.17 26% 31% 10% -33% $13,473,262 FLG Flagship Min Ltd 0.074 25% 68% 21% -54% $15,065,972 BYH Bryah Resources Ltd 0.005 25% 25% 0% -44% $4,349,768 LIN Lindian Resources 0.125 25% 30% 26% -22% $144,146,530 FIN FIN Resources Ltd 0.005 25% -17% -17% -71% $3,246,344 GCM Green Critical Min 0.011 22% -15% 340% 175% $21,578,461 IPT Impact Minerals 0.006 20% 0% -51% -70% $22,215,980 ALY Alchemy Resource Ltd 0.006 20% -14% -33% -14% $7,068,458 SRN Surefire Rescs NL 0.003 20% 0% -50% -71% $7,248,923 CRI Criticalim 0.0155 19% -3% 29% -26% $37,638,280 IPX Iperionx Limited 3.34 18% 3% 6% 60% $1,050,039,723 PMT Patriotbatterymetals 0.2775 18% -9% -30% -62% $146,967,969 FRS Forrestaniaresources 0.046 18% 70% 229% 171% $12,072,905 PLL Piedmont Lithium Inc 0.1125 17% 2% -38% -38% $68,404,358 SBR Sabre Resources 0.007 17% 0% -50% -61% $2,357,772 G88 Golden Mile Res Ltd 0.0105 17% 5% -30% -13% $5,442,479 WC8 Wildcat Resources 0.21 17% 20% -42% -54% $262,190,845 VHM Vhmlimited 0.28 17% 2% -36% -44% $59,716,237 WA1 Wa1Resourcesltd 12.55 16% -9% -5% -31% $790,243,106 NVX Novonix Limited 0.44 16% -11% -45% -49% $273,503,941 DEV Devex Resources Ltd 0.081 16% -15% -42% -72% $35,335,254 RMX Red Mount Min Ltd 0.008 14% -6% -11% -47% $3,719,662 BM8 Battery Age Minerals 0.058 14% -5% -45% -42% $6,909,589 AXN Alliance Nickel Ltd 0.036 13% 29% -14% -5% $26,130,226 LIT Livium Ltd 0.009 13% 0% -57% -68% $14,369,311 GSM Golden State Mining 0.009 13% -10% -14% -10% $2,514,336 EMH European Metals Hldg 0.23 12% 35% 24% -36% $46,675,059 HAS Hastings Tech Met 0.3625 12% 19% 26% 5% $67,047,478 RR1 Reach Resources Ltd 0.01 11% 0% -9% 0% $7,869,882 TAR Taruga Minerals 0.01 11% 25% -9% 11% $7,060,268 RR1 Reach Resources Ltd 0.01 11% 0% -9% 0% $7,869,882 OM1 Omnia Metals Group 0.01 11% -87% -87% -87% $2,170,917 VTM Victory Metals Ltd 0.46 11% 18% 31% 96% $52,013,789 RNU Renascor Res Ltd 0.062 11% 32% -17% -38% $144,957,584 LTR Liontown Resources 0.57 11% -14% -32% -48% $1,359,382,490 JLL Jindalee Lithium Ltd 0.26 11% 33% 2% -59% $19,501,840 WCN White Cliff Min Ltd 0.021 11% 24% -5% 50% $37,909,415 THR Thor Energy PLC 0.011 10% -8% -27% -45% $7,818,688 FTL Firetail Resources 0.055 10% -7% -52% 44% $20,901,539 NWC New World Resources 0.023 10% -4% 10% -36% $74,366,916 S2R S2 Resources 0.105 9% 69% 36% -19% $45,285,799 DLI Delta Lithium 0.175 9% 6% -26% -42% $114,646,687 CXO Core Lithium 0.071 9% -9% -35% -51% $147,868,073 CY5 Cygnus Metals Ltd 0.095 9% -14% -34% 10% $80,705,509 STM Sunstone Metals Ltd 0.012 9% 100% 71% -8% $71,613,044 HAW Hawthorn Resources 0.048 9% 4% -17% -30% $16,080,749 SYA Sayona Mining Ltd 0.0185 9% -3% -44% -46% $207,779,328 PAT Patriot Lithium 0.062 9% 59% 35% -32% $8,217,168 SYR Syrah Resources 0.25 9% -15% 2% -48% $250,138,755 SYR Syrah Resources 0.25 9% -15% 2% -48% $250,138,755 MIN Mineral Resources. 18.05 9% -21% -50% -74% $3,382,085,175 WC1 Westcobarmetals 0.013 8% -13% -48% -69% $2,508,192 ICL Iceni Gold 0.065 8% -20% 38% 150% $20,320,442 LOT Lotus Resources Ltd 0.1675 8% -16% -47% -58% $354,397,791 VUL Vulcan Energy 4.62 8% -11% -3% 52% $1,029,128,899 PLS Pilbara Min Ltd 1.4775 8% -20% -46% -61% $4,698,177,809 ILU Iluka Resources 3.845 8% -7% -36% -49% $1,602,639,458 PVW PVW Res Ltd 0.014 8% -7% -26% -42% $2,784,667 KAI Kairos Minerals Ltd 0.021 8% 0% 17% 75% $52,618,244 IGO IGO Limited 3.655 8% -14% -29% -49% $2,726,164,127 TVN Tivan Limited 0.1125 7% 21% 134% 116% $220,846,881 TLG Talga Group Ltd 0.475 7% 12% 28% -33% $197,726,333 LEG Legend Mining 0.008 7% -6% -38% -38% $23,291,817 LKE Lake Resources 0.035 6% 3% -44% -35% $57,700,793 MLX Metals X Limited 0.53 6% -26% 26% 12% $469,787,515 GED Golden Deeps 0.018 6% -14% -40% -53% $3,365,388 FBM Future Battery 0.018 6% -5% -5% -65% $11,369,701 AM7 Arcadia Minerals 0.018 6% -10% -54% -76% $2,112,902 RON Roninresourcesltd 0.18 6% 9% 24% 57% $7,267,502 BHP BHP Group Limited 38.08 6% -4% -10% -16% $191,466,427,104 AGY Argosy Minerals Ltd 0.019 6% -14% -49% -85% $26,206,577 BOA BOA Resources Ltd 0.019 6% 0% -14% -37% $2,343,704 ASO Aston Minerals Ltd 0.019 6% -10% 90% 58% $23,311,157 QPM QPM Energy Limited 0.039 5% -15% -3% -20% $95,961,021 CHN Chalice Mining Ltd 1.1 5% -21% -42% -14% $406,532,993 AAJ Aruma Resources Ltd 0.01 5% -29% -38% -41% $1,998,524 PGM Platina Resources 0.021 5% -5% 5% -19% $12,463,607 MLS Metals Australia 0.021 5% 11% -5% -5% $15,303,110 CHR Charger Metals 0.043 5% -4% -39% -47% $3,329,071 DYM Dynamicmetalslimited 0.345 5% -13% 73% 86% $15,952,410 CWX Carawine Resources 0.094 4% -5% -3% -10% $22,195,792 STK Strickland Metals 0.095 4% 10% 34% -27% $221,711,260 AZI Altamin Limited 0.024 4% -17% -12% -45% $13,788,069 NC1 Nicoresourceslimited 0.078 4% -4% -29% -57% $8,008,142 PBL Parabellumresources 0.052 4% 11% 4% -4% $3,115,000 EFE Eastern Resources 0.027 4% 0% -33% -64% $3,278,339 AQD Ausquest Limited 0.055 4% -2% 588% 416% $70,065,120 KZR Kalamazoo Resources 0.084 4% -7% -9% -12% $17,379,662 SLM Solismineralsltd 0.084 4% 0% -16% -20% $7,783,914 NMT Neometals Ltd 0.057 4% -14% -39% -48% $43,087,805 CAE Cannindah Resources 0.059 4% -38% 31% 7% $40,772,477 LPM Lithium Plus 0.059 4% -9% -63% -51% $7,837,560 PUR Pursuit Minerals 0.0445 3% -41% -70% -82% $3,789,891 NIC Nickel Industries 0.5225 3% -16% -46% -41% $2,191,667,617 EMC Everest Metals Corp 0.15 3% -6% 11% 58% $33,567,575 EGR Ecograf Limited 0.305 3% 2% 267% 91% $131,698,228 RVT Richmond Vanadium 0.155 3% 3% -51% -47% $33,275,000 DVP Develop Global Ltd 2.67 3% -14% 8% 17% $700,697,339 PNN Power Minerals Ltd 0.072 3% -3% -28% -37% $8,197,551 ARU Arafura Rare Earths 0.195 3% 3% 22% 5% $480,544,095 INF Infinity Lithium 0.02 3% -9% -41% -65% $9,451,842 FGR First Graphene Ltd 0.041 3% -9% 11% -32% $29,201,779 PTR Petratherm Ltd 0.23 2% -22% 360% 820% $76,035,249 KM1 Kalimetalslimited 0.092 2% -2% -44% -77% $7,299,389 MTM MTM Critical Metals 0.235 2% 34% 164% 305% $105,495,923 BNR Bulletin Res Ltd 0.064 2% 52% 49% 31% $18,204,026 NVA Nova Minerals Ltd 0.34 1% 1% 48% 13% $101,744,186 S32 South32 Limited 2.695 1% -24% -26% -19% $11,958,741,106 CDT Castle Minerals 0.0555 1% -8% -38% -69% $6,380,526 ATM Aneka Tambang 0.985 1% -1% 9% -10% $1,284,094 QXR Qx Resources Limited 0.003 0% -25% -50% -80% $4,586,151 AZL Arizona Lithium Ltd 0.006 0% 0% -65% -75% $22,809,073 RIL Redivium Limited 0.004 0% 0% -20% 0% $13,609,422 LPD Lepidico Ltd 0.002 0% 0% -20% -33% $17,178,371 MRD Mount Ridley Mines 0.0025 0% -17% -75% -75% $1,946,223 CZN Corazon Ltd 0.002 0% -33% -60% -78% $2,369,145 RLC Reedy Lagoon Corp. 0.002 0% 0% 0% -50% $1,553,413 MNS Magnis Energy Tech 0.042 0% 0% 0% 0% $50,378,922 EUR European Lithium Ltd 0.053 0% 13% 43% -2% $79,484,981 BKT Black Rock Mining 0.02 0% -9% -60% -69% $29,388,798 ESR Estrella Res Ltd 0.029 0% 4% 93% 480% $59,506,169 GLN Galan Lithium Ltd 0.105 0% -5% -32% -66% $92,401,023 VRC Volt Resources Ltd 0.004 0% 0% 0% -33% $18,739,112 ADV Ardiden Ltd 0.145 0% 7% 12% -9% $9,065,038 ARN Aldoro Resources 0.52 0% 73% 542% 643% $92,254,336 JRV Jervois Global Ltd 0.011 0% 0% -8% -50% $29,730,402 CTM Centaurus Metals Ltd 0.39 0% 7% -13% -3% $198,680,485 VML Vital Metals Limited 0.003 0% 0% 50% -40% $17,685,201 BSX Blackstone Ltd 0.064 0% -4% 87% 9% $41,269,159 AUZ Australian Mines Ltd 0.011 0% 22% -15% 10% $15,383,633 LEL Lithenergy 0.37 0% 0% 1% -30% $41,440,581 MRC Mineral Commodities 0.026 0% 0% 0% 0% $25,596,288 PEK Peak Rare Earths Ltd 0.14 0% 40% -22% -42% $52,814,117 MOH Moho Resources 0.003 0% -25% -50% -45% $2,192,624 AML Aeon Metals Ltd. 0.005 0% 0% 0% 0% $5,482,003 WKT Walkabout Resources 0.095 0% 0% -5% -14% $63,769,838 TON Triton Min Ltd 0.005 0% -17% -50% -58% $7,841,944 CNJ Conico Ltd 0.007 0% 0% -30% -30% $1,662,411 VR8 Vanadium Resources 0.016 0% -20% -64% -65% $9,028,670 SLZ Sultan Resources Ltd 0.008 0% 7% -33% -27% $1,851,759 MQR Marquee Resource Ltd 0.01 0% 11% -38% -29% $4,854,805 MRR Minrex Resources Ltd 0.008 0% 0% -6% -33% $7,594,073 EVR Ev Resources Ltd 0.005 0% 0% 36% -32% $9,929,183 CNB Carnaby Resource Ltd 0.27 0% -17% -36% -53% $57,097,215 DTM Dart Mining NL 0.004 0% -20% -69% -86% $2,751,056 EMS Eastern Metals 0.01 0% 0% -60% -71% $1,136,762 FG1 Flynngold 0.022 0% -4% -24% -49% $7,066,868 IMI Infinitymining 0.013 0% 8% -57% -78% $5,499,205 LSR Lodestar Minerals 0.017 0% 42% -15% -29% $5,094,781 RAG Ragnar Metals Ltd 0.022 0% 5% -8% 22% $10,427,692 OB1 Orbminco Limited 0.001 0% 0% -40% -76% $2,166,590 LMG Latrobe Magnesium 0.01 0% -29% -72% -80% $25,485,374 KOR Korab Resources 0.008 0% 0% 0% 0% $2,936,400 CMX Chemxmaterials 0.026 0% 0% -42% -40% $3,354,580 JMS Jupiter Mines. 0.145 0% -17% -12% -50% $284,351,055 SCN Scorpion Minerals 0.019 0% -17% 27% -5% $10,244,124 RBX Resource B 0.028 0% -15% -20% -22% $3,225,166 AKN Auking Mining Ltd 0.007 0% 0% 75% -63% $4,023,451 RAS Ragusa Minerals Ltd 0.017 0% -19% 13% -26% $2,424,179 SRZ Stellar Resources 0.016 0% -6% -16% -16% $33,276,009 YAR Yari Minerals Ltd 0.005 0% 25% 67% 0% $2,411,789 ODE Odessa Minerals Ltd 0.007 0% 17% 17% 75% $9,597,195 LNR Lanthanein Resources 0.002 0% -20% -33% -50% $4,887,272 CLZ Classic Min Ltd 0.001 0% 0% 0% -88% $1,544,026 OCN Oceanalithiumlimited 0.027 0% 13% -7% -32% $3,712,402 PEK Peak Rare Earths Ltd 0.14 0% 40% -22% -42% $52,814,117 KFM Kingfisher Mining 0.048 0% 0% -26% -40% $2,578,320 AOA Ausmon Resorces 0.002 0% 0% -20% 0% $2,622,427 KTA Krakatoa Resources 0.009 0% 0% -10% -18% $6,201,340 M24 Mamba Exploration 0.013 0% -7% 8% -38% $3,246,822 LNR Lanthanein Resources 0.002 0% -20% -33% -50% $4,887,272 TKM Trek Metals Ltd 0.065 0% 41% 132% 44% $35,998,877 BCA Black Canyon Limited 0.06 0% -2% -3% -40% $7,779,042 A11 Atlantic Lithium 0.15 0% -14% -42% -61% $97,040,624 L1M Lightning Minerals 0.06 0% -15% -6% -43% $6,199,699 1AE Auroraenergymetals 0.045 0% -2% -10% -49% $8,057,868 LLL Leolithiumlimited 0.332997 0% 0% 0% 0% $401,204,047 WSR Westar Resources 0.005 0% -17% -50% -58% $1,993,624 LU7 Lithium Universe Ltd 0.006 0% -14% -62% -77% $4,715,878 REC Rechargemetals 0.014 0% 0% -67% -56% $3,590,860 ANX Anax Metals Ltd 0.006 0% -33% -54% -75% $5,296,845 PFE Pantera Lithium 0.015 0% -12% -46% -56% $7,106,755 LYC Lynas Rare Earths 8.355 0% 13% 11% 31% $7,674,036,299 LRV Larvottoresources 0.895 -1% -6% 54% 906% $357,769,346 PSC Prospect Res Ltd 0.1475 -2% 13% 84% 9% $97,689,567 E25 Element 25 Ltd 0.22 -2% -12% -29% 0% $51,437,790 IG6 Internationalgraphit 0.044 -2% -20% -31% -70% $8,516,567 IDA Indiana Resources 0.078 -3% 1% 44% 77% $48,847,667 ASL Andean Silver 0.94 -3% -24% -40% 81% $144,484,117 OMH OM Holdings Limited 0.33 -3% 3% -11% -29% $252,864,744 SMX Strata Minerals 0.03 -3% -39% 0% 25% $7,324,455 BC8 Black Cat Syndicate 0.995 -3% 18% 58% 275% $669,051,251 BUR Burleyminerals 0.05 -4% -5% -44% -13% $7,652,317 MHK Metalhawk. 0.4 -4% 1% 135% 567% $49,750,451 AXE Archer Materials 0.25 -4% -22% 4% -46% $64,985,988 OD6 Od6Metalsltd 0.025 -4% -19% -14% -65% $3,821,897 ARL Ardea Resources Ltd 0.4225 -4% 1% 2% -50% $85,863,653 SGQ St George Min Ltd 0.024 -4% 33% -11% 26% $66,695,561 ZNC Zenith Minerals Ltd 0.048 -4% -6% 7% -49% $19,964,630 A8G Australasian Metals 0.07 -4% -7% -42% 1% $4,052,281 TOR Torque Met 0.093 -4% -7% 13% -34% $25,618,073 ITM Itech Minerals Ltd 0.046 -4% 2% -32% -37% $7,858,428 GAL Galileo Mining Ltd 0.11 -4% -21% -24% -61% $21,738,742 VMC Venus Metals Cor Ltd 0.105 -5% -5% 52% 13% $21,574,155 MAN Mandrake Res Ltd 0.019 -5% 0% -27% -42% $12,545,198 ABX ABX Group Limited 0.038 -5% 3% -12% -37% $10,037,324 DM1 Desert Metals 0.019 -5% -17% -37% -21% $8,403,445 WR1 Winsome Resources 0.19 -5% -30% -61% -85% $45,120,288 ASN Anson Resources Ltd 0.056 -5% 8% -20% -49% $76,270,510 INR Ioneer Ltd 0.1325 -5% -15% -49% -30% $318,015,790 NTU Northern Min Ltd 0.035 -5% 75% 75% 9% $267,428,986 EVG Evion Group NL 0.017 -6% -19% -41% -29% $7,393,640 MHC Manhattan Corp Ltd 0.017 -6% -6% -58% -49% $3,993,281 GL1 Globallith 0.165 -6% -3% -25% -62% $43,185,800 QEM QEM Limited 0.048 -6% -21% -40% -66% $8,587,516 SUM Summitminerals 0.047 -6% -23% -74% -59% $4,095,015 ENV Enova Mining Limited 0.0075 -6% 25% -17% -58% $9,894,505 DRE Dreadnought Resources Ltd 0.014 -7% -7% -13% -15% $62,577,233 LLI Loyal Lithium Ltd 0.069 -7% -17% -47% -74% $6,950,581 ASM Ausstratmaterials 0.59 -7% 55% 7% -45% $106,084,299 CLA Celsius Resource Ltd 0.0065 -7% -7% -41% -35% $20,352,998 TMB Tambourahmetals 0.026 -7% -19% -26% -68% $3,057,341 EV1 Evolutionenergy 0.013 -7% -13% -66% -83% $4,714,456 LM1 Leeuwin Metals Ltd 0.18 -8% 71% 147% 177% $17,641,117 ETM Energy Transition 0.069 -8% -10% 200% 73% $113,252,833 ARR American Rare Earths 0.28 -8% 0% 6% 2% $131,930,058 PGD Peregrine Gold 0.16 -9% 7% -6% -27% $14,424,116 FRB Firebird Metals 0.084 -9% -13% -24% -40% $11,958,358 HRE Heavy Rare Earths 0.021 -9% -5% -44% -35% $4,368,712 AVL Aust Vanadium Ltd 0.01 -9% -17% -38% -33% $94,981,239 MEK Meeka Metals Limited 0.15 -9% 7% 100% 317% $377,215,151 MEI Meteoric Resources 0.1 -9% 41% -5% -53% $231,349,415 EG1 Evergreenlithium 0.048 -9% -38% -41% -51% $9,728,915 COB Cobalt Blue Ltd 0.063 -10% -2% -27% -37% $29,359,364 1MC Morella Corporation 0.018 -10% -5% -40% -76% $5,944,779 AS2 Askarimetalslimited 0.009 -10% -18% -72% -82% $2,221,072 GRL Godolphin Resources 0.009 -10% -31% -47% -74% $4,039,860 GBR Greatbould Resources 0.08 -11% 13% 51% 25% $58,545,287 IXR Ionic Rare Earths 0.008 -11% 14% -16% -56% $41,907,427 LML Lincoln Minerals 0.004 -11% -20% -43% -56% $8,410,279 BMM Bayanminingandmin 0.032 -11% -32% -45% -43% $3,078,062 RGL Riversgold 0.004 -11% 0% 14% -43% $8,418,563 EMN Euromanganese 0.275 -11% 45% -7% -37% $11,067,739 NH3 Nh3Cleanenergyltd 0.023 -12% -4% 5% 21% $12,985,910 GRE Greentechmetals 0.053 -12% -15% -56% -75% $6,167,836 RXL Rox Resources 0.37 -12% 9% 85% 65% $222,470,900 GW1 Greenwing Resources 0.035 -13% 17% -43% -51% $8,422,802 PVT Pivotal Metals Ltd 0.007 -13% 17% -22% -63% $7,257,807 AX8 Accelerate Resources 0.007 -13% 17% -13% -85% $5,510,321 KGD Kula Gold Limited 0.007 -13% 17% 6% -26% $6,448,776 KOB Kobaresourceslimited 0.042 -13% -26% -57% -58% $6,659,588 PNT Panthermetalsltd 0.013 -13% -19% -68% -48% $3,911,759 REE Rarex Limited 0.032 -14% 300% 146% 100% $24,025,375 SRI Sipa Resources Ltd 0.012 -14% 0% -29% -25% $4,996,780 NWM Norwest Minerals 0.012 -14% 20% -43% -75% $6,306,554 KNG Kingsland Minerals 0.105 -19% -9% -48% -56% $7,618,896 CTN Catalina Resources 0.002 -20% -29% -39% -29% $3,327,519 TEM Tempest Minerals 0.004 -20% 0% -50% -48% $2,538,119 GT1 Greentechnology 0.032 -20% -14% -65% -72% $14,772,580 LCY Legacy Iron Ore 0.008 -20% -20% -36% -48% $78,096,341 AR3 Austrare 0.09 -22% 16% -21% -21% $14,309,075 CRR Critical Resources 0.003 -25% -25% -63% -76% $9,856,885 WMG Western Mines 0.125 -29% 30% -46% -60% $13,553,002 TMX Terrain Minerals 0.002 -33% -56% -43% -50% $6,010,670 ASR Asra Minerals Ltd 0.002 -33% -50% -60% -71% $7,119,380 SRL Sunrise 0.47 -34% 88% 34% -28% $40,602,374 ADD Adavale Resource Ltd 0.001 -50% -50% -67% -80% $4,574,558 PRL Province Resources 0 -100% -100% -100% -100% $0 POS Poseidon Nick Ltd 0 -100% -100% -100% -100% $23,380,727 LRS Latin Resources Ltd 0 -100% -100% -100% -100% $477,661,711 CAI Calidus Resources 0 -100% -100% -100% -100% $93,678,206 LTM Arcadium Lithium PLC 0 -100% -100% -100% -100% $1,994,929,982
South China Morning Post
18-04-2025
- Business
- South China Morning Post
Tech war: founder of Chinese semiconductor equipment maker AMEC renounces US citizenship
The founder, chairman and chief executive of Shanghai -based Advanced Micro-Fabrication Equipment (AMEC), Gerald Yin Zheyao, has renounced his United States citizenship and restored his Chinese nationality, according to the company's annual report published on Friday. Advertisement Semiconductor industry veteran Yin – who previously worked in the US at Applied Materials , Lam Research and Intel – identified as a US citizen in AMEC's annual reports for 2022, 2021 and 2020. AMEC did not state Yin's nationality in the firm's 2023 report. The change of citizenship for Yin, 81, is the latest sign of the increasingly bifurcated semiconductor supply chains of China and the US amid an escalating tech war between the world's two largest economies. In October 2022, new restrictions rolled out by the US Department of Commerce banned 'US persons' from being involved in 'the development or production' of chips at 'certain China-located semiconductor fabrication facilities'. Last year, two AMEC executives with US citizenship, Ni Tuqiang and Yang Wei, stepped down from their positions as 'core technical personnel'. At the time, AMEC said their exit would 'not have a significant adverse impact' on the firm's research and development (R&D) progress, operational capabilities or its competitiveness. Advertisement AMEC's Shanghai -listed shares were unchanged on Friday, closing at 190 yuan (US$26).
