Latest news with #LewisBlack
New York Post
2 days ago
- Health
- New York Post
Controversial ad for a ‘beef fat' sunscreen has people shaking their heads: ‘For skin as healthy as a McDonald's fry'
A photo of a billboard for a beef-tallow sunscreen by a brand called Primally Pure has people doing a double-take. Along with a photo of the product, the ad reads, 'Poison-free SPF with tallow. Next to that ad, there is a photo of a blonde woman under text that reads: 'The sun isn't poison but your sunscreen is.' Shared to X (formerly Twitter) @PeterHamby posted a photo of the controversial ad along with text that joked, 'babes you're poisoning your face try this rendered beef fat instead.' Advertisement And of course, when people saw this Tweet — which has almost 18,000 views — jokes were made. 'For skin as healthy as a McDonald's french fry,' read one Tweet. Advertisement 'My great grandfather (a farmer) slathered his arms with bacon grease, thinking it would help him to keep from sunburning. Nope, it just made him extra crispy!' another person pointed out. 'Lewis Black had a bit about how we should use Crisco instead of sunscreen, because it's cheaper and 'when you start to sizzle, you move your ass,'' Same principle,' someone else quipped. According to their site, the brand promises that its SPF products are free of seed oils, fragrance, chemicals — and that it's made with grass-fed tallow, which is technically the fat derived from the kidneys and loins of cows that eat a grass-fed diet. Advertisement The brand's SPF is made with grass-fed tallow, which is technically the fat derived from the kidneys and loins of cows that eat a grass-fed diet. Primally Pure The company declares that 'tallow is biocompatible with skin for deeper moisture and nourishment.' And this isn't the first time these tallow claims have been made. There is a lot of confusion surrounding sunscreens and what's safe or not. sosiukin – Advertisement Late last year, when people on social media were slathering their bodies in the animal fat to not only give them glowy skin but also to soothe bug bites, rashes and burns — experts were skeptical about it. 'I give it a thumbs down from the scientific and dermatologic perspective,' Dr. Zakia Rahman, a clinical professor of dermatology at the Stanford University School of Medicine, told the New York Times. 'It could potentially cause acne flares or cause irritation.' And before you read too much into this ad, believing that you need to throw out the sunscreen you're using because it's not safe or effective — board-certified dermatologist, Dr. Shereene Idriss, wants you to be cautious of this claim. In an Instagram reel, the expert cleared the air on this supposed myth, saying, 'The danger is not what's in your sunscreen but the misinformation that's stopping you from using it. Just wear the damn sunscreen.' When it comes down to it, there doesn't seem to be enough data on how effective tallow SPF is just yet — so continue to wear whatever sunscreen is accessible to you and stay out of the sun during peak hours, which is typically between 10 a.m. and 4 p.m.
The Market Online
4 days ago
- Business
- The Market Online
Defense boom, tungsten shock, Nasdaq listing: Is Almonty the most exciting stock of 2025?
Many investors dream of getting in on a stock at the right time – just before it takes off. Shares in tungsten producer Almonty Industries have already staged a unique rally this year. The revaluation is, therefore, in full swing. But how much further can the stock go? While analysts at Sphene Capital see further upside potential of 100%, events are unfolding rapidly – at Almonty (TSX:AII), an u and around the world. We explain what makes Almonty Industries such an interesting investment story. Almonty supplies tungsten from secure regions – The US is snapping it up Almonty Industries (TSX:AII) is a global tungsten producer that mines high-grade tungsten concentrate from politically stable, conflict-free regions. Almonty currently operates the Panasqueira tungsten mine in Portugal and has other projects in Spain. The flagship Sangdong project in South Korea is scheduled to go into production this summer. This geographical diversification in legally secure regions makes Almonty's offering unique – around 90% of the world's tungsten supply currently comes from China, North Korea or Russia. China has made exports more difficult several times in recent months, and the US National Defense Authorization Act even prohibits the US Department of Defense from purchasing tungsten mined or processed in China or Russia from 2027 onwards. Almonty is, therefore, one of the few remaining suppliers. In this context, the Sangdong project is unique: it is one of the few new large-scale tungsten projects outside China and is being developed in a country considered a close ally of the US. This fits perfectly with the strategy of the United States and other Western countries to build resilient supply chains for critical raw materials. Almonty's collaboration with Washington-based consulting firm ADI, whose team consists of former government and military experts, highlights the political dimension of the project. The fact that Almonty has relocated its headquarters to the US also fits into this picture. Unique conditions – Tungsten already sold with no price cap Almonty currently produces around 900 tons of tungsten per year at its Panasqueira mine in Portugal. Although the mine has been in operation for 136 years, Almonty CEO Lewis Black expects it to remain active for another 20 to 30 years. According to Black, the mine remains solidly profitable thanks to the high quality of the material. The Sangdong project in South Korea will contribute an additional 4,000 tons of tungsten per year starting this summer. However, Almonty has the option to double this production in the short term. Compared to the mine in Portugal, Sangdong offers grades of 0.47% tungsten trioxide. This is still around six times more than the Panasqueira mine, which has been profitable for over a hundred years. The US relies on 10,000 tons of tungsten yearly to meet demand in the defense and high-tech industries. Almonty has already sold more than half of the tungsten production from the Sangdong mine. The buyers are a subsidiary of the Austrian Plansee Group and the US defense supplier Tungsten Parts Wyoming. Almonty considers the terms of these purchase agreements to be very good – they include minimum prices but no price caps. For Almonty and its shareholders, this means planning security and stable cash flows without having to forego positive surprises. Additional potential: Molybdenum lies beneath the tungsten When Lewis Black talks about Sangdong, he primarily highlights the convincing figures despite conservative calculations. The project investment costs amount to around USD 105 million, 70% of which was financed by a loan from the German KfW-IPEX Bank. According to the feasibility study, the project has a net present value (NPV) of around USD 156 million and a pre-tax profitability of approximately 26%. In addition, Sangdong offers long-term upside potential through an underlying molybdenum deposit, which could also be exploited in the future. Own refinery turns Almonty into a high-tech supplier In order to achieve an even greater share of the value chain, Almonty will also enter the tungsten processing business. According to Black, this element is not only challenging to mine but also difficult to process further. Thanks to the many years of experience of the Almonty Industries team, which was already working with tungsten when Western industry had not even noticed its dependence on China, the Company has the necessary expertise. Almonty signed a letter of intent in 2024 to build its own refinery in South Korea by 2027. The Sangdong Downstream Extension Project is expected to have an annual capacity of 4,000 tons of tungsten and produce ammonium paratungstate (APT) and nano-crystalline tungsten oxide. This would mark Almonty's first step from a pure mining operator to a fully integrated tungsten producer. Through this vertical integration, Almonty will achieve significantly greater added value and could also supply highly refined tungsten products – such as powders and alloys – to the South Korean battery and semiconductor industry. Tungsten: Analysts see a 16% supply gap in 2025 Demand for tungsten has been rising steadily for years – analysts at predict an annual increase of 4.6% through 2030. However, since the war in Ukraine, sanctions against Russia, and the consequences of the US National Defense Authorization Act, supply has been very limited. New tungsten projects have been rare for many years – Sangdong is considered an exception. Analysts at The Oregon Group expect a significant supply gap of up to 16% for tungsten in 2025. The commissioning of the Sangdong mine later this year is very timely. Key figures + Nasdaq listing = New momentum? With peace efforts surrounding the war in Ukraine having temporarily collapsed and the signs continuing to point to arms deliveries and rearmament, tungsten will continue to be needed for the defense industry in the near future. However, the unique element with the high melting point is also indispensable in aerospace, modern batteries, and heavy equipment in mining. The stock of Almonty Industries has consolidated at a high level in recent months and has recently been poised to reach new highs. Almonty's key operating figures are looking good. The planned listing on the US Nasdaq stock exchange, set to coincide with the start of operations at the Sangdong mine, should give this unique investment story additional momentum. There are many reasons to believe that Almonty shareholders are in the right place at the right time. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a 'Transaction'). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company. In this respect, there is a concrete conflict of interest in the reporting on the companies. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual this reason, there is also a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. This is third-party provided content issued on behalf of Almonty Industries Inc., please see full disclaimer here.
The Market Online
15-05-2025
- Business
- The Market Online
Almonty Industries: A smart play on Western tungsten independence
In a bold move that ties critical minerals to national defense, a leading tungsten producer with operations in Portugal and soon South Korea, has secured a game-changing offtake agreement that positions it as a cornerstone of Western tungsten independence—and a rising star on the global investment radar. Almonty Industries (TSX:AII) has taken a significant step forward in securing its future revenue stream and strategic relevance. In early May 2025, the company announced a binding three-year offtake agreement with Tungsten Parts Wyoming (TPW), a U.S. defense contractor, and Metal Tech, a tungsten processor based in Israel. Under the agreement: TPW will purchase a minimum of 40 metric tons of tungsten oxide per month , to be used in critical defense applications such as missiles, drones, and ordnance systems . , to be used in critical defense applications such as . Metal Tech will process the tungsten oxide into metal powder in either Israel or the U.S., tailored to TPW's specifications. will process the tungsten oxide into metal powder in either Israel or the U.S., tailored to TPW's specifications. The deal includes a competitive hard-floor price with no cap on the upside, offering Almonty both downside protection and exposure to rising tungsten prices. Deliveries are expected to begin once Almonty reaches commercial production at its Sangdong mine in South Korea, projected for 2027–2028. A Western answer to Chinese dominance China currently controls approximately 90 per cent of global tungsten production, a dominance that poses a strategic risk to Western industries. Almonty's Sangdong mine, one of the largest tungsten deposits outside China, is poised to become a critical alternative source. With geopolitical tensions rising and raw materials increasingly weaponized, Almonty's conflict-free supply from Portugal, South Korea, and Spain offers a secure and stable alternative. The company is already seeing demand outstrip supply, with Lewis Black, Almonty's chief executive officer noting that many interested buyers will have to wait their turn. 'This binding offtake agreement represents a significant milestone for Almonty, securing both predictable revenue through a defined hard-floor price and long-term demand tied directly to US defense programs,' CEO Black explained in a statement. 'Beyond commercial certainty, the agreement ensures that our tungsten oxide will serve a strategic, high-value end-use – reinforcing Almonty's position as the key upstream supplier to the defense supply chain of the US and its allies. It reflects our broader commitment to aligning production with national security priorities, while delivering sustainable value to my fellow shareholders and is another customer of Almonty who is happy to commit to our hard-floor pricing terms as a condition of supply.' NASDAQ listing: Unlocking U.S. capital markets Almonty is preparing for a NASDAQ listing, a move that could significantly enhance its visibility and valuation. The company has already secured shareholder approval for a share consolidation, a key step toward meeting NASDAQ's listing requirements. Why NASDAQ matters Increased liquidity and access to a broader investor base. and access to a broader investor base. Enhanced credibility among institutional investors and U.S. defense stakeholders. among institutional investors and U.S. defense stakeholders. Potential for re-rating: Almonty's current market cap is around USD 500 million, while MP Materials (NYSE:MP), a comparable rare earths producer, is valued at USD 4 billion. The listing is expected to be a major catalyst for the stock, especially as U.S. investors seek exposure to critical minerals aligned with national security interests. 'Listing on NASDAQ provides access to an extensive global investor base including many institutional investors, which are many times prohibited from investing on various other exchanges. This increased visibility and credibility can materially enhance liquidity and facilitate more streamlined capital raising activities,' Hunter Diamond, CFA Diamond Equity Research said. 'The recent offtake agreement is a significant event for shareholders, as this agreement increases the predictability of revenue and cash flows -key drivers of investor confidence,' he continued. 'The acceptance of a floor pricing model in the critical defense supply chain of the U.S. signals the confidence the buyer has in the long-term delivery capacity and quality of the asset.' Stock performance and outlook Current price : C$2.35 : C$2.35 1-year return : +262.5 per cent : +262.5 per cent Since 2020: +337.74 per cent With production at Sangdong imminent, a NASDAQ listing on the horizon, and a strategic offtake agreement in place, Almonty is in a stable position for continued growth. A strategic raw material, a smart investment Almonty Industries is more than a mining company – it's a strategic asset in the West's effort to secure critical mineral independence. The recent offtake agreement with TPW and Metal Tech points to its role in the defense supply chain, while the upcoming NASDAQ listing could unlock significant shareholder value. For investors, the message is clear: those who control tungsten will control the future of defense and technology. Almonty offers a rare opportunity to invest early in a company at the intersection of geopolitics, national security, and resource scarcity. Join the discussion: Find out what everybody's saying about this tungsten mining stock on the Almonty Industries Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. Disclosure: Diamond Equity Research LLC is being compensated by Almonty Industries, Inc. for producing research materials regarding Almonty Industries, Inc. and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however the views in the report reflect that of Diamond Equity Research. Publicly disclosed fees in accordance with SEC rule 17(b) can be found on our disclosure page. This is sponsored content issued on behalf of Almonty Industries Inc., please see full disclaimer here.
The Market Online
15-05-2025
- Business
- The Market Online
Another 150%+ with Almonty stock? US defense industry and NASDAQ listing drive revaluation of the tungsten gem!
The revaluation of Almonty (TSX:AII) shares is progressing excellently and gaining new momentum. After rising over 150 per cent within six months, the tungsten gem has consolidated healthily in recent weeks. However, there are good reasons to expect further price increases: China is using tungsten as a weapon in the geopolitical power struggle. The latest major order for Almonty from the US shows how urgently defense companies – but also other key industries – need this critical metal. An upcoming NASDAQ listing is expected to drive the share price and could pave the way for an anchor investor or even lead to a takeover. Analysts consider the fair value of Almonty shares well above the current level. Major order from the US defense industry Next big news for Almonty: The US defense industry has secured the Company's tungsten supply for at least three years. It is noteworthy that a minimum purchase price is guaranteed, but there is no upper limit. This shows once again how much demand there is for tungsten. Under the current major order, US defense company Tungsten Parts Wyoming has committed to purchasing at least 40 tons of tungsten oxide per month from Almonty (TSX:AII). The raw material will then be processed into tungsten metal powder by Metal Tech in the US or Israel. The partners announced that Almonty's tungsten is intended exclusively for US defense programs, including missile, drone, and explosive systems. Tungsten Parts Wyoming's customers include virtually all major US defense contractors, such as Lockheed Martin, Northrop Grumman, Boeing, Raytheon, and General Dynamics. Tungsten Parts Wyoming manufactures armor-piercing ammunition, sabot projectiles, armor protection, and missile components, among other things. Almonty CEO Lewis Black commented: ' This binding purchase agreement represents an important milestone for Almonty. Beyond commercial certainty, the agreement ensures that our tungsten oxide will be used in a strategic, high-value end application, strengthening Almonty's position as a key supplier to the US defense supply chain and its allies .' Stock revaluation underway With this new major order, Almonty confirms that the revaluation of its stock, initiated at the end of 2024, is based on fundamental reasons. Tungsten is a critical metal, essential for key technologies such as defense, medical technology, and high-tech applications – it can even be found in iPhones. At the same time, more than 80 per cent of global tungsten production comes from China. It is therefore not surprising that Lewis Black has regularly reported on visits by politicians and industry representatives from the US, South Korea, and Europe in recent years. After all, Almonty already operates a profitable tungsten mine in Portugal, which is set for further expansion. However, it is the project in South Korea that is driving the stock's revaluation. After years of development work – financed in part by the German KfW Bank – Almonty is preparing to bring the Sangdong mine into operation soon. Sangdong will not only be the largest tungsten mine outside China, but will also stand out for its high quality, with a tungsten grade of 0.46 per cent. For comparison: Almonty's profitable Panasqueira mine in Portugal has a tungsten content of 0.14 per cent. New all-time high with NASDAQ listing? In mid-April 2025, Almonty shares, which are also actively traded in Germany, reached their highest price of CAD 2.63. Since then, they have consolidated at a high level. In addition to further major orders and the commissioning of the Sangdong mine, the planned listing on the NASDAQ technology exchange should be a driver for the share price – to a new all-time high? Incidentally, the Company's headquarters are also to be relocated from Canada to the US – perhaps to facilitate a takeover or the entry of a US group? The latter is pure speculation. What is clear, however, is that with a market capitalization of CAD 665 million, Almonty shares are now large enough for institutional US investors and, at the same time, appear anything but expensive given the market potential. Analysts see fair value at CAD 5.40 A glance at analyst estimates shows that Almonty is still undervalued. Sphene Capital expects Almonty's revenue to jump from around CAD 29 million to CAD 104.5 million in the current year. With the ramp-up of the Sangdong mine, this figure could reach CAD 483.4 million in 2027. Earnings are expected to climb at a similarly dynamic pace in the coming years. After CAD 0.20 in 2026, earnings per share are expected to reach CAD 0.51 in 2027. Yesterday, Almonty shares were trading at CAD 2.40. Sphene Capital analysts therefore recommend buying the tungsten gem and see the fair value of the share at CAD 5.40 ( Capital market expert Mario Hose recently shared his thoughts on Almonty's current situation and future potential in an interview with Canadian host Lyndsay Malchuk from Stockhouse. The CEO of the German company Apaton Finance has been following Almonty's development for many years and knows CEO Lewis Black personally. In his view, Almonty differs significantly from many of its competitors in the commodities sector, and the next success stories should only be a matter of time. Click here for the full interview. Conclusion: Another 150%? There are many indications that the revaluation of Almonty shares is far from over. Tungsten is simply too important a metal and too scarce in Western countries. Almonty is unlikely to have any trouble selling its production. And perhaps a major corporation will acquire a stake in the tungsten gem – or even take it over completely – but if so, it will almost certainly be at a significantly higher price. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a 'Transaction'). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships. For this reason, there is a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. This is third-party provided content issued on behalf of Almonty Industries Inc., please see full disclaimer here.
South China Morning Post
09-05-2025
- Business
- South China Morning Post
Addiction to China's tungsten is over even if Beijing turns tap back on, miner says
Producers of tungsten products in developed nations, including those in the defence sector, are waking up to the need to diversify their raw material supply sources after three decades of readily available exports from China came to a sudden halt, according to a mines developer. Advertisement On February 4, Beijing added five critical industrial metals including tungsten to its export restriction list while announcing tariffs on certain American imports, as part of its retaliation against Washington's decision to raise duties on all Chinese imports by 10 per cent. Export permits have not been issued so far, said Lewis Black, CEO of Canada-based Almonty Industries. 'The vast majority of our industry is in absolute panic, because for 30 years, they have been able to procure raw materials from China,' he said. 'Since February they have been unable to do so … some of our customers have asked us to try to recover tungsten from tailings for different products.' US defence contractors face another looming supply chain challenge: they must stop using Chinese tungsten by January 1, 2027, he said. The element, known for its hardness and the highest melting point on the periodic table at 3,422 degrees Celsius, is used to make cutting tools, drill bits and heavy machinery parts. It is a component in certain types of ammunition and armour. In clean energy, it finds use in alloys for turbine blades and as a wire to divide silicon wafers for solar panels. Advertisement Tungsten has not been mined commercially in the US in a decade. China accounted for 82.7 per cent of global raw tungsten ore mined last year, followed by Vietnam at 4.2 per cent, Russia at 2.5 per cent and North Korea at 2 per cent, according to the US Geological Survey.
