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Iraqi News
23-04-2025
- Business
- Iraqi News
Al-Sudani Meets with Minister for Europe and Foreign Affairs of France
Baghdad-INA Prime Minister Mohammed S. Al-Sudani met today, Wednesday, with the Minister for Europe and Foreign Affairs of France, Jean-Noël Barrot, and his accompanying delegation. The Prime Minister's media office said in a statement received by the Iraqi News Agency (INA):'Prime Minister Al-Sudani highlighted the strong and steadily growing relations with France, noting the significant progress achieved since his visit to Paris nearly two years ago and the signing of the Strategic Agreement. He welcomed the upcoming visit of French President Emmanuel Macron to Iraq and affirmed the alignment of views between Iraq and France concerning regional issues.' The Prime Minister expressed,' Iraq's desire to host the Iraqi-French Business Forum in Baghdad and emphasized the importance of stability in the region—particularly in Syria—while advocating for the principles of citizenship, peaceful coexistence, and inclusive governance representing all components of society.' The statement added,'Barrot conveyed President Emmanuel Macron's greetings to the Prime Minister and praised the government's achievements under his leadership, noting Iraq's transformation into a successful and attractive destination for investment, with improving security ratings. He stressed the importance of coordinating positions with Iraq as a key regional player and enhancing bilateral ties, especially in the economic sphere, encouraging French companies to invest in Iraq.' Barrot also affirmed his government's commitment to military and security cooperation, as well as counterterrorism efforts, in line with the bilateral agreements signed regarding military equipment. He emphasized that France shares Iraq's stance on the developments in Syria and the broader region.
Yahoo
03-03-2025
- Business
- Yahoo
E3 Lithium and Imperial Finalize Freehold Mineral Land for E3's Clearwater Project
CALGARY, Alberta, March 03, 2025--(BUSINESS WIRE)--E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), "E3 Lithium" or the "Company," a leader in Canadian lithium, announced today it has finalized the rights and agreements for freehold mineral tenure held by Imperial Oil Limited (TSX:IMO) (NYSE:IMO), "Imperial" for the E3 Clearwater Project. The companies have entered into a Project Completion Agreement dated February 28, 2025, 2025 (the "Project Completion Agreement") to finalize the rights and lease agreements for the freehold mineral tenure held by Imperial for E3's use in its Clearwater Project, pursuant to the Strategic Agreement dated June 22, 2022 and amended May 9, 2024 (the "Strategic Agreement"). As set out in the Strategic Agreement, Imperial has provided a mineral lease for 110 sections of the Imperial freehold interest in the area of the Clearwater Project. The long-term lease has a 10-year primary term with a renewable 10-year term on the mineral title. The Project Completion Agreement supersedes the Strategic Agreement and includes the cancellation of 3,413,979 warrants granted to Imperial at a pre-paid price of C$1.86 per warrant upon the payment by E3 of cash consideration in the aggregate amount of C$4,150,000. This amount will be payable in three installments over the first three quarters of 2025, with the warrants being cancelled in proportion to the installment payments. E3 Lithium continues to build strong partnerships that are essential for driving success. E3's success on the pilot operations in 2023 has further bolstered the progress of E3's technology towards the demonstration program planned for 2025. The freehold mineral tenure for the Clearwater Project will allow E3 Lithium to build upon the success of the pilot operations as it looks to achieve its corporate and strategic goals of building lithium production in Alberta. "This milestone underscores the strong relationship between Imperial and E3 Lithium," said Chris Doornbos, CEO of E3 Lithium. "It supports the interests of both companies while continuing to drive the success of E3's Clearwater Project and Alberta's position in the global lithium supply chain." "Imperial's successful collaboration with E3 Lithium has been instrumental in advancing E3's lithium extraction pilot and progressing opportunities from the Leduc reservoir," said Heather Eggleston, Imperial Vice-President of Low Carbon Solutions. "Imperial's contribution of its freehold land leases provides further support for E3 Lithium's Clearwater Project and their overall lithium development in Alberta." The Clearwater Project is a transformative opportunity for Alberta's critical minerals sector; by leveraging advanced extraction technologies and decades of energy expertise, E3 Lithium is positioned to be a global leader in lithium development. ON BEHALF OF THE BOARD OF DIRECTORSChris Doornbos, President & CEOE3 Lithium Ltd. About E3 Lithium E3 Lithium is a development company with a total of 16.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.9 million tonnes LCE Inferred mineral resources2 in Alberta and 2.5 million tonnes LCE Inferred mineral resources3 in Saskatchewan. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR1. E3 Lithium's goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world. 1: The Clearwater Pre-Feasibility Study ("PFS") news release dated June 26, 2024 is available on the E3 Lithium's website ( and SEDAR+ ( 2: The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( 3: The mineral resource NI 43-101 Technical Report for the Estevan Lithium District, effective May 23, 2024, identified 2.5 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( Forward-Looking and Cautionary Statements This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the effectiveness and feasibility of emerging lithium extraction technologies which have not yet been tested or proven on a commercial scale or on the Company's brine, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. View source version on Contacts E3 Lithium - Investor Relations Alexis de la RenaudiereInvestor Relationsinvestor@ 587-324-2775 E3 Lithium - Media Inquiries Kati DolyniukExternal Relationscommunications@ 587-324-2775
Rudaw Net
01-03-2025
- Politics
- Rudaw Net
PUK seeks power-sharing guarantees from KDP
Also in Kurdistan KIU says governance in Kurdistan Region is backsliding Kurdistan Region leaders, officials welcome Ocalan's call on PKK to disarm Ocalan will ask the PKK to disarm: President Barzani President Barzani, Ameri discuss political developments, enhancing dialogue in Iraq A+ A- ERBIL, Kurdistan Region - The Patriotic Union of Kurdistan (PUK) said they have made good progress in government formation talks with their historic rival, the Kurdistan Democratic Party (KDP), but are looking for guarantees of power sharing, including the ability to collapse the cabinet. The two ruling parties have held several meetings since the Kurdistan Region's long-overdue parliamentary elections last October to discuss the formation of the next cabinet. Their latest meeting was on Wednesday when they reviewed a draft government formation agreement. 'The Wednesday meeting was a very good one where most parts of the previously-prepared draft were finalized,' Saadi Pira, PUK spokesperson, told Rudaw's Sangar Abdulrahman in an interview that aired on Saturday. He said that their cooperation on drafting the 'very important' agreement has surprised many because of recent disputes between them and the heated election campaign. Any issues still unresolved will be directed to KDP leader Masoud Barzani and PUK president Bafel Talabani. 'We have discussed everything. I believe that this is a complement to the Strategic Agreement and must be the basis for the KDP-PUK deal to govern the Kurdistan Region, not only for years but more,' Pira said, referring to a previously-signed deal that allowed them to govern jointly in the past. The deal is no longer valid. Pira, however, said the PUK wants guarantees that they will have strength in the cabinet. The position of deputy prime minister, which has been held by the PUK for many years, should have power and the cabinet should automatically dissolve if they resign, he said. 'We want this as a guarantee because in some cases you might complain and the deputy prime minister may not go to work, but the government goes on normally, disregarding it,' he said. The incumbent deputy prime minister Qubad Talabani, a PUK member and Bafel Talabani's brother, and the rest of the PUK team boycotted government meetings for several months in 2022 because of disputes with the KDP. Prime Minister Masour Barzani, a KDP member, described that decision as 'weird.' 'We are absolutely against the idea of turning the Council of Ministers into a place for issues. All those who have taken part in this government should express their issues, criticism and opinions - if they have any - during meetings of the Council of Ministers,' he told Rudaw at the time. The KDP and PUK, while rivals, have shared power in government since the establishment of the Kurdistan Region in the nineties. For the past several governments, the KDP has held the posts of prime minister and president. In the October 20 parliamentary elections, no single party won a majority, meaning a governing coalition will have to be formed, as has historically been the case. The KDP won 39 spots in the 100-seat legislature, followed by the PUK with 23. Pira said that they have agreed on many topics. 'We have agreed on many things such as construction, services, resolving people's issues, the salary issue, how to deal with incomes, oil policy, border crossings, relations with neighboring countries, Kurdistan Region's status, and many other things,' he said. Pira also said that the KDP has not labeled any positions as a red line, including those of president, prime minister, and interior minister.
