Latest news with #AREC
Yahoo
6 days ago
- Business
- Yahoo
American Resources, ReElement expand long-term antimony refining contract
American Resources (AREC), along with its portfolio company, ReElement Technologies, announced the expansion of their previously announced antimony tolling agreement. Under the updated terms, ReElement will refine shipments of stibnite ore at its central Indiana refining facilities into of ultra-pure antimony sulfide or antimony oxide. The purified and refined antimony products will serve both domestic defense and commercial industries at market index-based pricing, while the extended 10-year term – with automatic renewals – supports long-term supply agreements. Initial tolling revenues from the first phase of contracted volumes are projected to exceed $29 million annually, with substantial growth potential aligned with rising domestic demand. The antimony ore partnership is initially commencing at approximately 500 metric tons per month of stibnite ore for processing and refinement at ReElement, with the ability to significantly expand such volumes based on market demand. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on AREC: Disclaimer & DisclosureReport an Issue American Resources' American Infrastructure provides update on share exchange AREC Earnings this Week: How Will it Perform? American Resources Corp options imply 12.7% move in share price post-earnings American Resources' Electrified Materials receives RCRA permit American Resources Corp options imply 32.1% move in share price post-earnings Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Daily Tribune
6 days ago
- Business
- Daily Tribune
Bahrain Assumes Presidency of Arab Renewable Energy Commission for 2025–2028
Kamal bin Ahmed Mohammed, President of the Electricity and Water Authority (EWA), has officially assumed the presidency of the Arab Renewable Energy Commission (AREC) for the 2025–2028 term. The announcement came during a formal visit by Mohammad Nawaf Al Taani, Secretary-General of AREC, and Kamel Al Daqamsa, the Commission's Financial and Administrative Director, to the Kingdom of Bahrain. The visit marked the ceremonial handover of the presidency to Bahrain, recognizing its growing role in advancing clean energy initiatives across the Arab region. Bahrain Commits to Strengthening Regional Clean Energy Collaboration During the meeting, EWA President Kamal bin Ahmed Mohammed expressed gratitude to the visiting delegation and extended his appreciation to all AREC member states for their trust and confidence. He lauded the Commission's achievements in driving joint Arab efforts in the renewable energy sector. He reaffirmed Bahrain's commitment to supporting the Commission's work and enhancing its role as a collaborative Arab platform for promoting sustainable energy transition. He noted that Bahrain is determined to continue launching joint initiatives and fostering deeper cooperation among member states to achieve greater regional integration in clean energy. A Regional Platform for Sustainable Progress The Arab Renewable Energy Commission, founded in 2011 and headquartered in Amman, Jordan, plays a vital role in encouraging the use of clean renewable energy across the Arab world. The Commission works to raise awareness, stimulate investment, and ensure sustainable development in the sector for the benefit of Arab economies. As the new leader of AREC, Bahrain is poised to contribute actively to regional clean energy strategies, support innovation, and align efforts with global developments in the renewable energy landscape.
News.com.au
25-05-2025
- Business
- News.com.au
Former US Vice President Kamala Harris weighs in on Aus housing crisis
Former US presidential candidate Kamala Harris has weighed in on the Australian housing crisis and the role of real estate agents in solving it. Ms Harris, who served as the 49th Vice President of the United States, addressed an audience of about 4000 at a real estate conference on the Gold Coast in a wide-ranging conversation also referencing AI and Elon Musk. The Democrat's 2024 candidate, who lost to Republication president Donald Trump in November, took to the stage for the two-day Australian Real Estate Conference (AREC) during her first visit to the country. In an on-stage interview with AREC founder John McGrath, Ms Harris said building more affordable houses and incentivising young buyers were some of the necessary steps to boost home ownership. 'Here and in the United States, we share this issue, which is a phenomenal issue especially for young families – affordable housing,' Ms Harris said. 'Part of my platform was and includes that government really needs to work much more closely with the private sector to be clear about what the incentives are, as well as the disincentives, to build more housing.' 'When you look at [Gen Z], among the many challenges they face, greater than any previous generation, the dream of home ownership is one of the greatest.' The former politician – she later quipped she was currently 'unemployed' – described real estate, like politics, as a 'bloody knuckle sport'. But despite the professions' shared reputation for disingenuity, she said real estate agents could be considered 'civic leaders' in connecting buyers with suitable homes. 'You allow people to actually implement their dream of creating a place that is not only a symbol of their hard work, but an extension of their dignity,' Ms Harris said. 'You allow people to have a home, and for the vast majority of these folks, it is the most intricate and most significant financial arrangement they'll ever be in. 'It represents for them intergenerational wealth. It is their peace. It is the place they will create family memories. It is the place in which they can feel a sense of pride in their identity.' Dressed in a navy pant suit and entering to a standing ovation while Halo by Beyonce played, Ms Harris was also critical on billionaire Elon Musk's controversial view on empathy, broadcast in a recent podcast with Joe Rogan. 'There was someone that is very popular these days, at least in the press, who suggested that it is a sign of the weakness of Western civilisation to have empathy,' she said. 'No, it is a sign of strength to have some level of curiosity and concern and care about the wellbeing of others.' On AI, she said machine learning offered a 'great tool' for data interpretation, though peoples' real concerns of the technology taking their jobs should not be discounted. The conference continues on Monday.
Courier-Mail
06-05-2025
- Business
- Courier-Mail
Celebrity real estate mogul's Aussie housing crisis fix
An international real estate mogul has weighed in on the debate over solutions to Australia's housing crisis, slamming a 'mansion tax' and calling for interest rates to be slashed. Speaking from Los Angeles ahead of his visit Downunder to headline this year's Australasian Real Estate Conference (AREC), Mauricio Umansky also said government incentives for private sector developers would help boost housing supply. 'Governments need to subsidise the private sector,' he said. 'In LA, for example, the government is wanting to control housing for the homeless because they don't want the private sector to make money off it. RELATED: AREC: Top agents line-up revealed 'The government is more worried about the private sector profiting from the homeless than giving them housing.' The founder and CEO of The Agency — a billion-dollar real estate brokerage based in the United States — will speak to thousands of real estate professionals at the two-day conference, from May 25 to 26. Umansky's visit Downunder comes during a 'perfect storm' of housing unaffordability — high mortgage rates, high prices, and low supply, which he says is being felt all over the world. MORE: Big Aus bank's massive rate cut call after Labor win Sonia Kruger sells luxury Sydney home for $19m 'I think governments need to lower interest rates, period,' he said. 'If you lower interest rates, you end up with higher supply and unlock inventory owned by people who are holding on to their properties. 'Two things will occur — lower interest rates will make (housing) more affordable, and higher inventory will lower prices.' But while policymakers in Australia have floated similar ideas to Los Angeles' 'mansion tax', in a bid to tackle housing affordability, Umansky says that's not the answer. '(The mansion tax) has reduced transactions so much,' he said. 'We're ending up with a much lower amount of … revenue. Instead of raising revenue, it is lowering it. It's an absolute disaster.' The reality TV star said he was 'super excited' to visit the Gold Coast and share his strategies on high-end deal-making, branding in a digital age, and the evolving expectations of property buyers and sellers at AREC. 'I've been to Sydney, but not the Gold Coast,' he said. 'I've heard it's very California-esque. I think it's an exciting market.' Renowned for his role on Netflix's Buying Beverly Hills and frequent appearances on The Real Housewives of Beverly Hills, Umansky has built a formidable reputation in luxury real estate, with clients ranging from celebrities to Fortune 500 executives — and even Hugh Hefner. He cites selling the Playboy mansion for $100m in 2016 as his most defining deal to date. While he has no plans to expand The Agency downunder just yet, he hasn't written off a Buying Sydney spin-off. 'I wouldn't say no,' he said. 'I'm giving you a one-year plan right now, so in the next year, no.' Umansky's personal life has been a hot topic in the tabloids in recent months — being snapped in public with a number of women since his high-profile split from 'Real Housewives of Beverly Hills' star Kyle Richards, but he doesn't let the gossip get to him. 'I ignore the drama of the TV world and basically concentrate on my job,' Umansky said. 'There are so many phallacies out there. Unfortunately tabloids and magazines only sell on stories that are destroying people.' But maintaining a global brand digitally and running his own social media accounts are important to him. 'I definitely use (Instagram) — it's my voice. I just ignore the noise. It's a wonderful thing (for agents to use) to grow your persona and brand. 'When you're talking about how do I deal with TV and the tabloids and the BS, Instagram is where I get to have my say.' The 54-year-old has been hitting the gym to get his shoulder strength back more than two months after breaking his clavicle in an Aspen skiing accident. 'I love sports,' he said. 'Skiing is my favourite thing to do, but I'd love to learn how to surf. Teach me how to surf!' And, if you're wondering what the secret is to his stamina: 'I sleep with the drapes open, so I wake up with the sun. I've never put on an alarm clock, even for an airplane.' In a statement, AREC founder John McGrath said Umansky's attendance reflected the event's growing global appeal. 'Mauricio is a powerhouse in the industry — not just for the deals he's done, but for how he's transformed real estate into a lifestyle brand,' McGrath said. 'He's redefining what it means to be a modern agent, and we're thrilled to bring his insights to the Australian and New Zealand markets.' Alongside Umansky, this year's AREC lineup includes a mix of local and international speakers including US presidential candidate, Kamala Harris. Now in its 26th year, AREC continues to draw real estate professionals from across Australasia, offering sessions on sales tactics, marketing innovation, prop tech trends, and personal development.
Daily Telegraph
06-05-2025
- Business
- Daily Telegraph
Celebrity real estate mogul's Aussie housing crisis fix
An international real estate mogul has weighed in on the debate over solutions to Australia's housing crisis, slamming a 'mansion tax' and calling for interest rates to be slashed. Speaking from Los Angeles ahead of his visit Downunder to headline this year's Australasian Real Estate Conference (AREC), Mauricio Umansky also said government incentives for private sector developers would help boost housing supply. 'Governments need to subsidise the private sector,' he said. 'In LA, for example, the government is wanting to control housing for the homeless because they don't want the private sector to make money off it. RELATED: AREC: Top agents line-up revealed 'The government is more worried about the private sector profiting from the homeless than giving them housing.' The founder and CEO of The Agency — a billion-dollar real estate brokerage based in the United States — will speak to thousands of real estate professionals at the two-day conference, from May 25 to 26. Umansky's visit Downunder comes during a 'perfect storm' of housing unaffordability — high mortgage rates, high prices, and low supply, which he says is being felt all over the world. MORE: Big Aus bank's massive rate cut call after Labor win Sonia Kruger sells luxury Sydney home for $19m 'I think governments need to lower interest rates, period,' he said. 'If you lower interest rates, you end up with higher supply and unlock inventory owned by people who are holding on to their properties. 'Two things will occur — lower interest rates will make (housing) more affordable, and higher inventory will lower prices.' But while policymakers in Australia have floated similar ideas to Los Angeles' 'mansion tax', in a bid to tackle housing affordability, Umansky says that's not the answer. '(The mansion tax) has reduced transactions so much,' he said. 'We're ending up with a much lower amount of … revenue. Instead of raising revenue, it is lowering it. It's an absolute disaster.' The reality TV star said he was 'super excited' to visit the Gold Coast and share his strategies on high-end deal-making, branding in a digital age, and the evolving expectations of property buyers and sellers at AREC. 'I've been to Sydney, but not the Gold Coast,' he said. 'I've heard it's very California-esque. I think it's an exciting market.' Renowned for his role on Netflix's Buying Beverly Hills and frequent appearances on The Real Housewives of Beverly Hills, Umansky has built a formidable reputation in luxury real estate, with clients ranging from celebrities to Fortune 500 executives — and even Hugh Hefner. He cites selling the Playboy mansion for $100m in 2016 as his most defining deal to date. While he has no plans to expand The Agency downunder just yet, he hasn't written off a Buying Sydney spin-off. 'I wouldn't say no,' he said. 'I'm giving you a one-year plan right now, so in the next year, no.' Umansky's personal life has been a hot topic in the tabloids in recent months — being snapped in public with a number of women since his high-profile split from 'Real Housewives of Beverly Hills' star Kyle Richards, but he doesn't let the gossip get to him. 'I ignore the drama of the TV world and basically concentrate on my job,' Umansky said. 'There are so many phallacies out there. Unfortunately tabloids and magazines only sell on stories that are destroying people.' But maintaining a global brand digitally and running his own social media accounts are important to him. 'I definitely use (Instagram) — it's my voice. I just ignore the noise. It's a wonderful thing (for agents to use) to grow your persona and brand. 'When you're talking about how do I deal with TV and the tabloids and the BS, Instagram is where I get to have my say.' The 54-year-old has been hitting the gym to get his shoulder strength back more than two months after breaking his clavicle in an Aspen skiing accident. 'I love sports,' he said. 'Skiing is my favourite thing to do, but I'd love to learn how to surf. Teach me how to surf!' And, if you're wondering what the secret is to his stamina: 'I sleep with the drapes open, so I wake up with the sun. I've never put on an alarm clock, even for an airplane.' In a statement, AREC founder John McGrath said Umansky's attendance reflected the event's growing global appeal. 'Mauricio is a powerhouse in the industry — not just for the deals he's done, but for how he's transformed real estate into a lifestyle brand,' McGrath said. 'He's redefining what it means to be a modern agent, and we're thrilled to bring his insights to the Australian and New Zealand markets.' Alongside Umansky, this year's AREC lineup includes a mix of local and international speakers including US presidential candidate, Kamala Harris. Now in its 26th year, AREC continues to draw real estate professionals from across Australasia, offering sessions on sales tactics, marketing innovation, prop tech trends, and personal development.
