Latest news with #Block3
The Australian
17 hours ago
- Business
- The Australian
NIM looks to maiden gallium resource
NIM receives more high-grade gallium assays from final holes at Block 3 in WA Maiden resource, updated exploration target and metallurgical work planned Company will also assess the project's rare earths and base metals potential Special Report: Nimy Resources has hit further high-grade gallium in the final drill holes of a 5944m campaign at Block 3 in WA, which is emerging as a potential standalone gallium development. The drilling was aimed at infilling and extending an exploration target of 9.6-14.3Mt at 39ppm to 78ppm gallium and positions the company to potentially become WA's first primary producer of the critical mineral. Gallium, a specialty metal essential for computer chip production and widely used in electronics, AI and defence, has seen rising global interest following China's 2023 export controls. Nimy Resources (ASX:NIM) plans to release a maiden resource for the project in the coming quarter, after repeatedly hitting high grades. The last round of drilling results was no exception, returning intercepts including: 44m @ 101g/t Ga₂O₃ from surface 32m @ 107g/t Ga₂O₃ from surface 28m @ 102g/t Ga₂O₃ from surface 12m at 104g/t Ga₂O₃ from 16m; Maiden resource, metallurgical work and more drilling Overall, the drilling campaign intersected high-grade intervals of plus 100g/t Ga2O3 with all holes encountering mineralisation and 18 holes returning high-grade gallium. 'The recently-completed drilling program at Block 3 has consistently returned high-grade gallium assays which show we have a substantial discovery,' managing director Luke Hampson said. 'And furthermore, there is clear potential to keep growing it, with the mineralisation remaining open at depth and along strike. 'With the receipt of the final assays, we are on track to complete the maiden JORC resource in the September quarter. 'At the same time, we are progressing metallurgical testwork in conjunction with the CSIRO and Curtin University while discussions are also advancing with potential offtake customers and funding partners. 'The high level of inquiry we are receiving from around the world confirms that we have a huge opportunity at Block 3 to capitalise on demand for this critical metal.' The next steps beyond a maiden resource include metallurgical testwork and offtake discussions - plus a follow-up drill program to expand the resource and explore the rare earths and base metals potential of the project. This article was developed in collaboration with Nimy Resources, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
The Sun
6 days ago
- Business
- The Sun
AIMS completes Cyberjaya Block 3 early, expedited by Invest Selangor, MDEC, MIDA, local councils
KUALA LUMPUR: AIMS Data Centre Sdn Bhd (AIMS), a leading digital infrastructure provider in Southeast Asia, has completed its Cyberjaya Block 3 facility ahead of schedule—further cementing Malaysia's position as the region's premier data centre hub. This milestone significantly expands AIMS' footprint in the Klang Valley, bringing its total potential capacity to over 100 megawatts (MW) and establishing AIMS as the operator with the largest data centre capacity in Cyberjaya. 'This achievement reflects our strategy of building in line with confirmed demand rather than speculation,' said AIMS Chief Executive Officer Chiew Kok Hin. 'It also signals growing market confidence in Malaysia as a prime destination for digital infrastructure.' Originally slated for completion in 2025, Block 3 was delivered early thanks to accelerated planning, strong customer commitment, and robust demand from hyperscalers, cloud providers, content networks, and enterprises seeking scalable infrastructure in Malaysia. Chiew credited proactive support from key stakeholders for the early delivery. These included Invest Selangor, the Malaysia Digital Economy Corporation (MDEC), the Malaysian Investment Development Authority (MIDA), and local authorities such as Majlis Perbandaran Sepang, Kuala Lumpur City Hall, Air Selangor, and Tenaga Nasional Bhd. He cited a recent example where Invest Selangor coordinated a multi-agency meeting within a week, effectively fast-tracking AIMS' expansion timeline. 'This level of collaboration between the public and private sectors is crucial to sustaining Malaysia's leadership in the digital economy,' Chiew said. 'We are grateful to all who have supported us on this journey.' Chiew added that interest from global hyperscalers and digital service providers continues to grow, driven by regional digital transformation, the rise of AI and cloud workloads, and Malaysia's appeal as a strategic and cost-effective location. 'Global players are increasingly turning to Malaysia for its competitive cost structure, abundant power and land availability, supportive government policies, and proximity to regional markets,' he said. 'Cyberjaya Block 3's readiness is a testament to our operational agility and the trust our customers place in us.' Founded in Malaysia in 1990, AIMS has evolved into one of the region's most interconnected data centre operators. Since DigitalBridge's investment in 2022 and its partnership with Time dotCom, AIMS has raised over RM2 billion in capital to support its expansion across Malaysia. 'At AIMS, we take pride in contributing to Malaysia's digital economy. Our infrastructure helps attract foreign direct investment (FDI), creates high-value jobs, and strengthens the local talent pool,' Chiew said. The company currently employs over 200 direct staff, offering technical and skilled roles that promote career growth. An additional 100 workers are engaged through its construction and operational support ecosystem. In line with its sustainability goals, AIMS has embedded environmental, social, and governance (ESG) principles into its operations. Its data centre facilities feature energy-efficient systems and are backed by renewable energy certificates (RECs) to reduce carbon emissions. 'Beyond regulatory compliance, we believe in sustainable sustainability—designing for long-term value creation while championing environmental responsibility,' Chiew said. 'Our purpose goes beyond building data centres. It's about building Malaysia's digital future.'
Business Insider
01-07-2025
- Business
- Business Insider
Block3 Unveils Prompt-To-Game AI Engine As Presale Launches
SF, CA, July 1st, 2025, Chainwire AI is steadily making deeper inroads into major tech industries, and its latest leap into the gaming sector marks a notable shift. Thousands have already backed Block3's vision: to build the world's most advanced prompt-to-play engine, which will let anyone generate playable worlds in minutes from a simple text prompt. The scale of the impact is already spawning an equally vocal counter-movement, with experts saying this could be the end of traditional gaming studios. Already being called the 'ChatGPT of gaming', Block3 has a solution to one of AI's ongoing challenges, which is how to get enough data for its LLM to learn and grow. By introducing a create2earn element, where users get paid for contributing, Block3 has found a practical route to accelerate product development. To enable this ambitious vision, Block3 is opening a limited-time token presale for just 90 days. The BL3 token goes on sale at 9AM UTC today, July 1st, with tokens initially available at just $0.01. Prices increase by 5% every 72 hours, offering early investors gains of 312% by the time it hits major exchanges. The token is only available for purchase through their official website. What is Block3 and Prompt-to-play Gaming Block3 is made up of a team of developers who are going head-to-head with the gaming industry, by using AI to put creative power in the hands of gamers rather than gaming studios. Think about it like an AI chatbot, where the user puts in prompts and gets an answer back from AI. With Block3, the mechanism is the same, except the output is a fully-formed video game, or in essence an immersive world customised to whatever the person typing can imagine. This concept is prompting a growing number of users to explore decentralized exchange (DEX) platforms. The potential applications for this technology are wide-ranging. For the more technical, the Block3 whitepaper reveals the complexity behind the concept and reveals the team's roadmap. This is where the scale of the project is revealed, over a series of ambitious milestones that may see Block3 burgeon from fanatical fanbase to Unicorn over months of intensive development. Gaming's boom has been lacklustre in recent years, with a succession of AAA flops and declining audience engagement putting a major dent in an industry aiming at a $665 billion valuation by 2030. Studios have gone awry and are just out of touch with what consumers want, and still churning out 100s millions of dollars for games that are played by just 100 people every month. And now, its blockbuster moment may have arrived. Block3 tackles this issue head-on and has thrown a spanner in the works. Even a 0.16% share of projected market revenue would generate over $1 billion. In a statement from the team, they said: 'Traditional game dev is dead. For the first time, anyone can build games, not just studios with bloated teams and red tape. We're here to unlock the imagination of gamers, and if we break a few corporate conglomerates along the way, then so be it.' The BL3 Presale is Now Live The gaming industry shows no sign of stopping, and AI gaming specifically is experiencing an impressive 42.3% annual growth. Block3 is well-positioned to benefit from these mega-trends, and with $665 billion of potential revenue up for grabs, there is ample incentive for the developers to scale this as big and fast as they possibly can. The concept has already attracted an active community, generating notable attention online. With the presale set at a launch price of $0.01, early participants are positioning themselves ahead of the official rollout. Both the crypto and AI sectors are known for rapid innovation, and this project represents one of the more expansive efforts to emerge recently. To learn more and purchase BL3 tokens, users can visit the official Block3 website. Block3 is pioneering a new era in gaming by building the world's first AI-native prompt-to-play platform. Designed to let anyone generate fully playable game worlds from a simple prompt, Block3 is eliminating the traditional barriers to game creation. By merging generative AI with real-time game logic and deployable environments, it's changing how games are built and who gets to build them. Block3
Yahoo
18-06-2025
- Business
- Yahoo
United States Air Force Awards Gentex Corporation Aircrew Laser Eye Protection (ALEP) Ballistic Day and Night Spectacle Contract
CARBONDALE, Pa., June 18, 2025--(BUSINESS WIRE)--Gentex Corporation, a global leader in personal protection and situational awareness solutions for defense forces, aircrew, emergency responders and industrial personnel, announced today that it was awarded an additional United States Air Force Aircrew Laser Eye Protection (ALEP) contract to develop and produce its laser protective eyewear for aircrew, the Block 3 Day and Night Ballistic Spectacles. This order includes more than 3,800 Block 3 Day and Night Ballistic Spectacles over the next 18 months, including development and full rate production. The new ballistic spectacle joins the unique USAF Block 3 product line and follows Gentex's five previously awarded delivery orders for the USAF Block 3 Contract, which include the Ballistic Day Spectacle, Ballistic Night Spectacle, Day Spectacle, Aircrew Night Vision Goggles Joined LEP (ANJL) and Night Spectacle, totaling 29,400 pieces of state-of-the-art laser protective eyewear. The Block 3 LEP eyewear provides the warfighter a variety of form factors to best suit their mission profile and replaces the Block 2 spectacles with a higher performance product line. "Gentex is proud to continue to serve the USAF team and warfighters by providing the best ocular protection available to maintain their mission effectiveness while staying safe," said John Cueva, Senior Director of Optics at Gentex Corporation. About Gentex Corporation With a history of innovation that spans for 130 years, Gentex Corporation is the leading supplier of high-performance flight equipment for military, law enforcement, aircrew and aircraft maintainers worldwide. The company's comprehensive line of durable and innovative helmet systems for fixed wing, rotary wing and cross-platform applications allows for the easy integration of advanced capability upgrades without sacrificing protection. An equally comprehensive line of hearing protection and communication solutions provide these users with superior hearing protection and precise, intelligible communications in the most extreme noise environments. Learn more at View source version on Contacts Media Contact Alexandra E. Braxabrax@ Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
18-06-2025
- Business
- Yahoo
United States Air Force Awards Gentex Corporation Aircrew Laser Eye Protection (ALEP) Ballistic Day and Night Spectacle Contract
CARBONDALE, Pa., June 18, 2025--(BUSINESS WIRE)--Gentex Corporation, a global leader in personal protection and situational awareness solutions for defense forces, aircrew, emergency responders and industrial personnel, announced today that it was awarded an additional United States Air Force Aircrew Laser Eye Protection (ALEP) contract to develop and produce its laser protective eyewear for aircrew, the Block 3 Day and Night Ballistic Spectacles. This order includes more than 3,800 Block 3 Day and Night Ballistic Spectacles over the next 18 months, including development and full rate production. The new ballistic spectacle joins the unique USAF Block 3 product line and follows Gentex's five previously awarded delivery orders for the USAF Block 3 Contract, which include the Ballistic Day Spectacle, Ballistic Night Spectacle, Day Spectacle, Aircrew Night Vision Goggles Joined LEP (ANJL) and Night Spectacle, totaling 29,400 pieces of state-of-the-art laser protective eyewear. The Block 3 LEP eyewear provides the warfighter a variety of form factors to best suit their mission profile and replaces the Block 2 spectacles with a higher performance product line. "Gentex is proud to continue to serve the USAF team and warfighters by providing the best ocular protection available to maintain their mission effectiveness while staying safe," said John Cueva, Senior Director of Optics at Gentex Corporation. About Gentex Corporation With a history of innovation that spans for 130 years, Gentex Corporation is the leading supplier of high-performance flight equipment for military, law enforcement, aircrew and aircraft maintainers worldwide. The company's comprehensive line of durable and innovative helmet systems for fixed wing, rotary wing and cross-platform applications allows for the easy integration of advanced capability upgrades without sacrificing protection. An equally comprehensive line of hearing protection and communication solutions provide these users with superior hearing protection and precise, intelligible communications in the most extreme noise environments. Learn more at View source version on Contacts Media Contact Alexandra E. Braxabrax@ Error 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
