Latest news with #GreenCriticalMinerals
The Australian
5 days ago
- Business
- The Australian
Explorers Podcast: Green Critical Minerals
Stockhead's 'Garimpeiro' columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this edition, Barry speaks with Green Critical Minerals (ASX:GCM) managing director and CEO Clint Booth about the company's push to integrate its Kimberley graphite project with cutting-edge thermal management tech for the AI and data centre markets. GCM's very high density (VHD) graphite is outperforming copper and aluminium in heat transfer, offering major efficiency gains for hyper-scale computing. Booth also outlines upcoming milestones, including customer testing, production ramp-up, and a planned US listing. Tune into the latest Explorers to learn more. This podcast was developed in collaboration with Green Critical Minerals, a Stockhead advertiser at the time of publishing. The interviews and discussions in this podcast are opinions only and not financial or investment advice. Listeners should obtain independent advice based on their own circumstances before making any financial decisions.
News.com.au
5 days ago
- Business
- News.com.au
US dual-listing hopefuls counting on greater exposure, access to capital
Companies list shares on second exchange for more investor and customer exposure Listing on the US provides access to the world's largest source of capital ASX plays, such as Green Critical Minerals and Trigg Minerals, are seeking dual listings Dual listing occurs when a company lists its shares on a second exchange – typically in another country – usually to increase the company's exposure to investors in different jurisdictions. It can also add liquidity to shares, provide more avenues to raise capital, and increase the amount of trading time. A listing in the US specifically opens the door to the world's largest source of capital, enabling a company to tap into financing sources it wouldn't otherwise be able to access. Green Critical Minerals (ASX:GCM) managing director Clinton Booth told Stockhead the company had spent six months looking first at different jurisdictions then drilling down to the different exchanges before making a decision. 'Ultimately for us, it came down to two key points and that was how it would support both our commercial and capital market ambitions,' he said. 'For us, a US listing provides such exposure and customer awareness as well as being a significant and a massive market. 'It is such as big market, if we don't do a US listing, it won't help us to stand out. 'That's why we decided to move to a US listing. And also why we've decided to look at a NASDAQ and an NYSE as opposed to an OTC.' Raising awareness There's at least one other reason for embarking on a dual listing. Booth noted that GCM's primary interest in a US listing is to increase its exposure to target customers in data centres, semiconductors and advanced electronics that would benefit from the thermal management properties of its Very High Density graphite heat sinks. 'A big part of a US listing is to provide access to that and awareness to that ecosystem,' he said. 'The big thing is the size of the market and ecosystem. We're talking data centres, semiconductors and high performance computing. We're talking about a market which doesn't need to be created. This is a massive market today and a market, which is growing exponentially.' However, he acknowledged that access to capital markets was also important, noting that a listing would attract investors that understood the tech sector and value the industrial innovation represented by the company's offering. 'You're talking about the biggest capital markets in the world, which is very liquid, very deep (pockets) and very aware of what we bring and what we are. So there's good alignment there,' Booth added. He also acknowledged the potential to access government funding opportunities, some of which see a US listing as proof the company is a sort of local provider. Benefits outweigh cost Dual listing does come with costs, though. Listing on another exchange means extra costs related to listing fees, ongoing fees and having to meet regulatory and compliance requirements. This could be potentially onerous for companies that go into the listing without a clear understanding of what they are seeking. However, this isn't true for GCM. 'For us, we looked at all of the costs and they are not trivial, but we accept that and think they are very manageable,' Booth said. 'We see this as an investment. This is about increasing exposure to both the customer market and the capital market. 'For us, it's a huge net positive. It's an investment in us actually growing the business.' Companies seeking US listings Green Critical Minerals is looking to carry out a US listing in H1 2026 after assessing market opportunities across the United Kingdom, Europe and North America. It noted in its announcement in late July that North America presented a 'significant growth runway' due to accelerating demand for advanced thermal management solutions across data centres, semiconductor manufacturing and high-performance computing. Booth said the company's VHD blocks could solve the market's energy and water challenges – its sustainability issues. 'They are going to be a big anchor on this industry continuing to grow,' he added. 'What we and the product we have is one of the steps and one of the parts of helping to make these sectors more sustainable and more efficient in the things they use. 'We're part of that ecosystem which is really see us moving into a sustainable data centre style high performance computing environment to really enable the sector to go to the next levels that it can go to.' He notes that in the next 12 months, the company will move from being pre-revenue to revenue generation with announcements about production facilities, customer engagement, further partnerships with other bodies and demonstrating real-world prototypes and how they behave in real- world situations to take validation to the next level. Booth added that while the company currently had a commercial pilot facility operating in Australia, it expected to be talking to market about a manufacturing facility in the US within the next 12 months. It is far from the only company in the process of chasing a US listing, though. For example, Trigg Minerals (ASX:TMG) is also working on a mainboard listing in the US to fast-track its antimony production plans via its Antimony Canyon project in Utah. It appointed international markets veteran James Graff as a non-executive director at the end of July to leverage his deep cross-border experience in banking and special purpose acquisition company to support the listing. This follows the company defining an exploration target of 12.8 to 15.6 million tonnes at 0.75% to 1.5% antimony, or between 96,000t and 234,000t of contained metal that ranks Antimony Canyon amongst the country's largest and highest-grade undeveloped antimony systems. It is based on detailed trench sampling, geological mapping and historical reconnaissance exploration conducted by the US Bureau of Mines (USBM) and US Geological Survey (USGS) between 1941 and 1942 that was subsequently verified and expanded upon through field validation, geological mapping and digital modelling undertaken by the company. A detailed geological program led by Dahrouge Geological Consulting is carrying out activities to validate the exploration target and progress Antimony Canyon towards the completion of trenching and drilling across high-priority areas. This will ultimately lead to the delivery of a maiden resource estimate in accordance with SEC S-K 1300 and JORC 2012 reporting standards. Meanwhile, Resolution Minerals (ASX:RML) is closing in on a listing on the OTCQB Markets, a move that's expected to boosting its visibility, liquidity and accessibility for North American investors, and is progressing a listing on NASDAQ, which is a major national stock exchange for more established companies and offers greater visibility and liquidity. This could attract investors in the same way that NASDAQ-listed Perpetua Resources, whose Stibnite antimony-gold project with a resource of 4.8Moz gold and 148Mlb antimony shares its western boundary with RML's Horse Heaven antimony-gold-tungsten project in Valley County, Idaho. Horse Heaven boasts strong gold, antimony and silver mineralisation in two prospects – Antimony Ridge Fault Zone and Golden Gate Fault Zone – and includes past-producing antimony and tungsten mines. Its geological model of Horse Heaven is a direct analogue to Stibnite with the project known to host strong gold, antimony and silver mineralisation in the Antimony Ridge Fault Zone (ARFZ) and the Golden Gate Fault Zone (GGFZ). Highlighting its potential value, RML has received an unsolicited, non-binding and indicative offer from NASDAQ-listed Snow Lake Resources for the project that values it at $225m.
The Australian
30-07-2025
- Business
- The Australian
StockTake: Green Critical Minerals
Stockhead's Tylah Tully looks at the latest from Green Critical Minerals (ASX:GCM), which has announced its intention to pursue a United States listing in 2026. After an extensive 6 month review, the company has been evaluating the benefits of complementing its existing ASX listing. It has partnered with leading legal advisors HWL Ebsworth to support the process and expects listing in 2026. Watch the video to learn more. This video was developed in collaboration with Green Critical Minerals, a Stockhead advertiser at the time of publishing. This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
The Australian
10-07-2025
- Business
- The Australian
GCM on track for first VHD tech revenue
Special Report: Green Critical Minerals has first revenue in sight for its Very High Density (VHD) graphite tech for thermal mnagement across a range of sectors. GCM continues to validate graphite thermal management tech New global distribution strategy to boost sales channels and market segments Company on track for first revenue in the first half of 2026 The tech has applications from global electronics, semiconductor and microchip manufacturers, to data centre operators and thermal solution providers. It can be used in any industry where thermal management is vital, with sample testing being expanded to customers in aerospace, automotive, electronics, medical and industrial sectors through machining and distribution partners in North America and Europe. Green Critical Minerals (ASX:GCM) is advancing commercialisation of the tech and its product distribution strategy, with several new sales channels in development, including online retailers and machine shop networks, along with existing collaboration deals such as with Australia's leading data centre provider GreenSquareDC2. The company has successfully transitioned from pilot-scale production to full-scale manufacturing following commissioning of Module 1 of the VHD production plant. The company has now begun initial production runs of saleable VHD graphite blocks at the facility, with inventory to be built up in support of upcoming customer sampling programs and prototype heat sink development. Discussions are ongoing with leading data centre operators in North America, Europe and Asia, focused on the evaluation and integration of VHD graphite into advanced computing infrastructure, including isomoulded graphite heat sink profiles. Global distribution will drive revenue The company plans to establish a US-domiciled entity to support product registration and direct engagement with North American customers and is partnering with Asian market entry specialist O'Connor Corporate Advisory, targeting companies such as Samsung, SK and LG. With all of this underway, GCM says it remains on track to achieve first revenue in the first half of calendar year 2026. 'We're making rapid progress in transforming our VHD technology into a commercial reality,' MD Clinton Booth said. 'The strong interest we're receiving from data centre operators, online distributors, and global electronics, semiconductor and microchip companies highlights the growing interest and demand for high-performance thermal management solutions. 'With Module 1 now fully commissioned and producing saleable graphite blocks, we've entered an exciting new phase—shifting our focus from development to production and commercial rollout. 'Initial production is underway, multiple sales channels are advancing and momentum continues to build. 'We are laying solid foundations to achieve our first revenue in the first half of 2026 and to firmly establish GCM as a key player in the global supply chain for next-generation thermal management technologies.' This article was developed in collaboration with Green Critical Minerals, 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.
News.com.au
08-07-2025
- Business
- News.com.au
Resources Top 5: VHD graphite heat sink a solution to data centre power drain
The VHD Technology graphite heat sink has almost doubled the power load capacity of conventional heat sink materials Green Technology Metals is well placed to benefit from promising lithium market fundamentals RC drilling has kicked off at Sipa Resources' Nuckulla Hill gold project in South Australia Your standout small cap resources stocks for Tuesday, July 8, 2025 Green Critical Minerals (ASX:GCM) Burgeoning demand for computational power from data centres is placing a strain on all energy sources and storage methods, both traditional and the greener, new-age varieties. One company seeking to provide a solution with its VHD Technology graphite heat sink is Green Critical Minerals, which rose 18.43% to a daily high of 2.25c and closed at 2.2c with almost 59 million shares changing hands. Testing of the heat sink, which utilises very high density graphite in technology developed by the company, is turning out highly encouraging results. The latest Finite Element modelling on the VHD Technology heat sink has demonstrated that it outperforms traditional materials. GCM commissioned world-leading expert Professor Qing Li, a professor and ARC Future Fellow at the University of Sydney Centre for Advanced Material Technology, to conduct the modelling, comparing the heat dissipation performance against traditional materials. Green Critical Minerals' (ASX:GCM) heat sink almost doubled the power load capacity of conventional heat sink materials, maintaining microchip temperatures at 70-85 degrees Celsius at power loads of 300 to 400 watts. Conventional materials are generally capable of maintaining those temperatures at about half that power load, topping out at the 200 to 250W range. The tests also revealed 'exceptional' thermal diffusivity, rapidly dispersing heat from the microchip base. These results are promising when considering data centres are leveraging increasingly advanced chip infrastructures demanding higher power inputs, requiring 300W or more. GCM's heat sink appears to be capable of accommodating those requirements and more, positioning it well for the high-performance microchip sector. The company's managing director Clinton Booth said the results validated GCM's innovative VHD graphite technology, demonstrating the advantages the heat sinks could offer emerging sectors. 'Effective thermal management is critical for ensuring operational stability and performance continuity in such environments, in reducing data centre capital and operating costs, and in supporting sustainable data centre development,' he explained. 'Our VHD heat sinks deliver industry-leading results, consistently outperforming traditional materials such as conventional graphite, copper and aluminium products.' Booth said GCM was moving at a rapid pace to ramp-up customer engagement discussions, having received strong interest from a diverse and growing global customer pipeline. Management sees strong potential to apply the proprietary VHD technology to other thermal products, like cold plates used in liquid cooling solutions. Green Technology Metals is well placed to benefit from promising lithium market fundamentals that are almost certain to eventuate as demand increases with its strong balance sheet, cost preservation strategy and strong pre-development projects in Canada. Although the company has been fairly quiet as it preserves capital and optimises expenditure in response to prevailing market conditions, shares increased 28.57% to an intraday high of 2.7c and ended the day up 9.52% at 2.3c. The current strategy sees the company focusing on preserving capital and prioritising critical-path activities such as permitting, approvals and study work while deferring non-essential expenditure. Exploration programs have been scaled back and a targeted workforce restructure has resulted in a 40% reduction in staffing levels, retaining only those roles essential to progressing core projects. Executive management and director fees, including associated superannuation, have been deferred by mutual agreement while contractor expenditure has been materially reduced, with a review of all third-party contracts and legacy commitments underway to ensure alignment with current priorities. GT1 managing director Cameron Henry said the company remained well-positioned for a future market recovery. 'Recent announcements from the governments of Canada and Ontario, including streamlined approval processes and increased funding for critical minerals, are positive for GT1's projects.' He said earlier this year a major milestone was reached with the combined resource base now totalling 30.4 million tonnes, largely driven by successful drilling at Root Bay. 'The updated mineral resource estimate for Root Bay is 15.6Mt at 1.29% Li2O, and the PEA has shown a 22% increase in NPV, bolstering the project's economics as a long-term feed source to the planned lithium conversion facility,' he said. 'Our strategy of having projects with lower capex hurdles and locality to infrastructure still remains relevant, and although the current market conditions are extremely challenging the assets and work completed to date by our teams has been well planned and executed on all fronts.' Reverse circulation drilling has kicked off across Sipa Resources' Nuckulla Hill gold project in South Australia with an 1800m infill campaign to focus on extending mineralisation at Bimba and Sheoak prospects. The prospects were identified by calcrete sampling in the mid-1990s but no further drilling has been carried out since then, although mineralisation is open at depth and along strike. Sipa Resources acquired the Nuckulla Hill, Tunkillia North and Skye gold projects in South Australia in February this year allowing it to ramp-up gold exploration while diversifying the asset base to support on-ground operations year-round. Tunkillia North and Nuckulla Hill host multiple advanced, large-scale gold prospects, while Skye is along strike from Barton Gold Holdings' (ASX:BGD) Gold Bore resource and less than 50km from high-grade intersections generated by Marmota (ASX:MEU) at Aurora Tank. Bimba and Sheok sit within the Yarlbrinda Shear Zone, which hosts Barton's 1.6Moz Tunkillia deposit. Australian Pacific Coal (ASX:AQC) After being reinstated to ASX quotation on July 7 following an announcement about the Dartbrook coal mine in NSW entering voluntary administration, Australian Pacific Coal surged 560% to 3.3c as investors welcomed clearing of the uncertainty and then eased back to 2.6c. The surge and increased volume prompted a price and trading volume query from the ASX to which AQC responded that it was in compliance with the Listing Rules. Voluntary administrators were appointed on July 3 for Dartbrook mine, in the NSW Hunter Valley, the mine operators Dartbrook Operations and related entities. Subsequently secured creditor Vitol Asia advised that it had appointed receivers and managers of the property, including all shares in AQC Dartbrook, holder of AQC's JV interest. In a statement, AQC said: 'This development has significant implications for the company, as it is unlikely to recover any value from its interest in the Dartbrook mine due to the size of the senior secured debt. 'The company has a contingent liability under a parent company guarantee that exceeds its current assets but directors believe the company remains solvent based on available cash resources.' Arcadia Minerals (ASX:AM7) (Up on no news) Arcadia Minerals (ASX:AM7), a diversified explorer targeting a range of metals, including tantalum, lithium, nickel, PGEs, copper and gold, across projects in Namibia, moved up 38.89% to a daily high of 2.5c. In late May the company received positive stream sediment results from its TVC lithium and tantalum, and TVC nickel and PGE projects within the Tantalite Valley Ultra Mafic Intrusive Complex (TVC Complex). The objective of the work was to identify additional potential source areas of mineralisation to guide further exploration and potential drilling with 97 samples collected from drainage systems. Samples returned elevated levels of mineralisation draining from source areas where historical drilling returned up to 0.65% Ni and 0.16% Cu over 16m. The samples returned anomalous values for gold, cobalt, chromium, copper, nickel, palladium and platinum. Anomalous lithium values were confined to the north-west margins of the TVC Complex and three drainage systems in this area returned elevated lithium values. This article does not constitute financial product advice. You should consider obtaining independent financial advice before making any financial decisions. While Green Critical Minerals, Green Technology Metals and Sipa Resources are Stockhead advertisers, they did not sponsor this article.
