Latest news with #Study
Cision Canada
5 days ago
- Business
- Cision Canada
Graphite One's Graphite Creek Project Approved for FAST-41 Federal Permitting Dashboard
Graphite One becomes the first Alaskan Critical Mineral mining project on the FAST-41 Dashboard FAST-41 status follows completion of Graphite One Feasibility Study funded by a $37.3M award under the Defense Production Act G1 enters Permitting Phase as Presidential Critical Mineral Executive Order calls for "Immediate Measures to Increase American Mineral Production" and "Unleashing Alaska's Extraordinary Resource Potential" VANCOUVER, BC, June 3, 2025 /CNW/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (" Graphite One", the " Company", or "G1"), is pleased to announce that the Company's Graphite Creek project – the upstream anchor for G1's complete U.S.-based advanced graphite supply chain (" Graphite Creek")– has been accepted as a "covered project" onto the FAST-41 Permitting Dashboard. Graphite One's project is the first Alaskan mining project to be listed on the FAST-41 Dashboard. "The approval of Graphite Creek as FAST-41's first Alaskan mining project is a major step for G1 and our complete U.S.-based supply chain strategy," said Anthony Huston, CEO of Graphite One. "With President Trump's Critical Mineral and Alaska Executive Orders, Graphite One is positioned at the leading edge of a domestic Critical Mineral renaissance that will power transformational applications from energy and transportation to AI infrastructure and national defense." Graphite One's domestic supply chain is planned to produce graphite concentrate from the Graphite Creek deposit North of Nome, Alaska and Anode Active Material at a facility to be constructed in Warren, Ohio, subject to financing (the " Project"). FAST-41 status follows publication of Graphite One's Feasibility Study (" FS") on April 23, 2025, which, with the support of the Department of Defense Production Act (DPA) award, was completed 15 months ahead of schedule. The annual graphite concentrate capacity of the Graphite Creek Mine in the FS was increased from that in the 2022 Pre-Feasibility Study (" PFS") – from 53,000 tpy to 175,000 tpy while maintaining a 20-year mine life. Measured plus Indicated Resources increased to 322% of the PFS resource. The FS projects a post-tax internal rate of return of 27%, using an 8% discount rate, with a net present value of $5.03 billion and a payback period of 7.5 years. FAST-41 streamlines the permitting process by providing improved timeliness and predictability by establishing publicly posted timelines and procedures for federal agencies, reducing unpredictability in the permitting process. FAST-41 also provides issue resolution mechanisms, while the federal permitting dashboard allows all project stakeholders and the general public to track a project's progress, including periods for public comment. The action drew strong support from Alaska's leading public officials: "America's dependency on foreign minerals and metals is a drag on our economy and a danger to our national security," said Alaska Governor Mike Dunleavy. "As the largest natural graphite deposit in the nation, adding Graphite Creek to the FAST-41 Permitting Dashboard sends a strong signal that Alaska is key to U.S. Critical Mineral development." "Graphite One's addition to the FAST-41 permitting dashboard is yet another indication that this project is a national priority of strategic importance," said Senator Lisa Murkowski. "There is no question that developing the largest natural graphite deposit in all of North America is far better for our economy, security, and competitiveness than importing the entirety of our supply from unstable nations like Mozambique. I thank the Trump administration for adding Graphite One to the dashboard and look forward to the day this project comes online." "I want to congratulate Graphite One, which has achieved this milestone thanks to funding from the Defense Production Act, something I have been working on relentlessly in the Senate since the project's inception," said Senator Dan Sullivan. "This project has the potential to open up our state's abundant reserves of critical minerals and metals, which would also be very significant for our country's national security. We must end America's dependence on China for critical minerals, like graphite, resources that are necessary for alternative energy and sources and critical defense technologies. Thankfully, President Trump understands our state's great potential, and is determined to help unleash our vast resources and create good paying jobs to Alaskans. Graphite One's FAST-41 status is great news for our state and our country." "Securing our supply chains for critical minerals is a core priority and requires a whole of government approach." said Alaska Congressman Nick Begich. "Our national security, sovereignty, and continued self-determination require that we take action, and Graphite One is leading the way." Graphite One's Complete U.S.-Based Supply Chain Strategy The Project is planned as an integrated business operation to produce lithium-ion battery anode materials and other graphite products for the U.S domestic market on a commercial scale using primarily natural graphite from Alaska. The Project combines the operation of an advanced graphite manufacturing facility to be located in Warren Ohio with the supply of natural flake graphite from the Company's proposed Graphite Creek Mine in Alaska. The resources associated with the Company's Alaska State mining claims were cited by the U.S. Geological Survey in January 2022 as America's largest natural graphite deposit 1, and in 2023, "as among the largest in the world." This precedes the FS-verified deposit amount increase. The Ohio manufacturing facility received a $325M Letter of Interest from the EXIM Bank in September 2024. About the Permitting Council and FAST-41 Established in 2015 by Title 41 of the Fixing America's Surface Transportation Act (FAST-41), the Permitting Council is a federal agency charged with improving the transparency and predictability of the federal environmental review and authorization process for certain critical infrastructure projects. The Permitting Council is comprised of the Permitting Council Executive Director, who serves as the Council Chair; 13 federal agency Council members (including deputy secretary-level designees of the Secretaries of Agriculture, Army, Commerce, Interior, Energy, Transportation, Defense, Homeland Security, and Housing and Urban Development, the Administrator of the Environmental Protection Agency, and the Chairs of the Federal Energy Regulatory Commission, Nuclear Regulatory Commission, and the Advisory Council on Historic Preservation); and the Chair of the White House Council on Environmental Quality and the Director of the Office of Management and Budget. The Permitting Council coordinates federal environmental reviews and authorizations for projects that seek and qualify for FAST-41 coverage. FAST-41 covered projects are entitled to comprehensive permitting timetables and transparent, collaborative management of those timetables on the Federal Permitting Dashboard. FAST-41 covered projects may be in the energy production, electricity transmission, energy storage, surface transportation, aviation, ports and waterways, water resource, broadband, pipelines, manufacturing, mining, carbon capture, semiconductors, artificial intelligence and machine learning, high-performance computing and advanced computer hardware and software, quantum information science and technology, data storage and data management, and cybersecurity sectors. The Permitting Council also serves as a federal center for permitting excellence, supporting federal efforts to improve infrastructure permitting including and beyond FAST-41 covered projects to the extent authorized by law, including activities that promote or provide for the efficient, timely, and predictable completion of environmental reviews and authorizations for federally-authorized infrastructure projects. Qualified Person Jason Todd, with Barr Engineering Co. is the primary qualified person for the Feasibility Study incorporated in the NI 43-101 technical report that is available under the Company's SEDAR+ profile at and the Company's website. Mr. Todd is a Qualified Person as defined under 43-101 and has reviewed and approved the technical content of this release. About Graphite One Inc. GRAPHITE ONE INC. (TSX‐V: GPH; OTCQX: GPHOF) continues to develop its Graphite One Project (the " Project"), with the goal of becoming an American producer of high grade anode materials that is integrated with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine, process and manufacture high grade anode materials primarily for the lithium‐ion electric vehicle battery market. On Behalf of the Board of Directors "Anthony Huston" (signed) For more information on Graphite One Inc., please visit the Company's website, On X @GraphiteOne 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. Cautionary Note Regarding Forward-Looking Statements All statements in this release, other than statements of historical facts, including those related to the Fast 41 listing and the anticipated impact of the FAST-41 status, any statements related to the planned production of any mineral reserves and resources, the construction of the Warren, Ohio facility, and events or developments that the Company intends, expects, plans, or proposes are forward-looking statements. Generally, forward ‐ looking information can be identified by the use of forward ‐ looking terminology such as "proposes", "expects", "is expected", "scheduled", "estimates", "projects", "plans", "is planning", "intends", "assumes", "believes", "indicates", "to be" or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The Company cautions that there is no certainty that the Fast 41 listing will impact the Company as set forth in this press release, that the Graphite Creek Project produces the minerals set out in the FS or that the facility will be built in Warren, Ohio. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at
Yahoo
29-05-2025
- Business
- Yahoo
Lifezone Metals Announces Filing Dates for Kabanga Nickel Project Technical Report Summaries
Initial Assessment Technical Report Summary to be Filed Before Market Open on June 2, 2025 Webcast with Management Tuesday, June 3 at 10 AM ET Feasibility Study Technical Report Summary in July 2025 NEW YORK, May 29, 2025--(BUSINESS WIRE)--Lifezone Metals Limited's (NYSE: LZM) Chief Executive Officer, Chris Showalter, and Chief Operating Officer, Gerick Mouton, announce today that the Initial Assessment Technical Report Summary for the Kabanga Nickel Project will be filed before market open on June 2, 2025. The Initial Assessment Technical Report Summary will be submitted on Form 6-K with the U.S. Securities and Exchange Commission and made available on EDGAR and the Company's investor relations website. The Initial Assessment Technical Report Summary is similar to a Preliminary Economic Assessment under Canadian National Instrument 43-101. The Feasibility Study Technical Report Summary is expected to follow in July 2025. These reports will mark the fourth and fifth Kabanga technical reports issued under current Lifezone management, following three previous resource updates. Notably, the upcoming Feasibility Study will include the project's first public declaration of Mineral Reserves. Following the release of the new staging plan for the Kabanga Nickel Project (see Lifezone's April 1, 2025 news release), Lifezone's reporting strategy reflects the natural sequencing of technical studies and allows for timely disclosure of key project economics while finalizing the higher-standard Feasibility Study Technical Report Summary. The Initial Assessment will present a complete view of the full scope of the Kabanga Project, including the planned hydrometallurgical refinery at Kahama to promote local beneficiation. While the Feasibility Study will provide a detailed analysis of the initial stage of development – a 3.4 million tonnes per annum underground mine and concentrator at Kabanga, and will be based on a life-of-mine plan for the entire Reserve. Mr. Showalter commented: "This is a major milestone for Lifezone and for Tanzania. After years of work and over $120 million invested, we are proud to present the first of two technical studies that demonstrate the world-class potential of Kabanga. With permitting in place and project execution readiness advancing, we are excited to share our vision for a cleaner, more responsible source of critical metals. Our strong partnership with Tanzania continues to be a cornerstone of our success." Mr. Mouton added: "The Initial Assessment Technical Report Summary is the culmination of months of rigorous work and collaboration. Kabanga is a truly world-class nickel deposit, and this study reflects the depth of our understanding of mineralization, the strength of our mining and processing strategy, and the quality of our team." Sequential technical reporting strategy The Initial Assessment will outline a staged approach beginning with the 3.4 million tonnes per annum underground mine and concentrator. The construction of the commercial-scale hydrometallurgical refinery at Kahama is deferred to approximately five years after initial concentrate production, allowing for a more efficient allocation of capital and resources. The Feasibility Study will support the conversion of Measured and Indicated Resources into Proven and Probable Reserves and will assess the technical and economic feasibility of the Kabanga underground mine and concentrator only. The release date of the Feasibility Study Technical Report Summary and details for the webinar will be announced prior to its release. Both reports will be prepared in accordance with U.S. Securities and Exchange Commission Regulation S-K 1300. TUESDAY, JUNE 3: Webcast with Lifezone's management team at 10:00 AM ET The company invites shareholders, investors, and members of the media to a virtual presentation and discussion of the key highlights of the Kabanga Initial Assessment. The presentation will be followed by a Q&A session where participants can engage directly with senior management. Event details: Date: Tuesday, June 3, 2025. Time: 10:00 AM Eastern Time. Location: Virtual (please click the webcast registration link). The presentation slides will be available on Lifezone's website on the day of the release. The webcast will be archived and accessible for replay for a limited time after the event. If you would like to sign up for Lifezone Metals news alerts, please register here. Social Media LinkedIn | X | YouTube About Lifezone Metals Lifezone Metals (NYSE: LZM) is committed to delivering cleaner and more responsible metals production and recycling. Through the application of our Hydromet Technology, we offer the potential for lower energy consumption, lower emissions and lower cost metals production compared to traditional smelting. Our Kabanga Nickel Project in Tanzania is believed to be one of the world's largest and highest-grade undeveloped nickel sulfide deposits. By pairing it with our Hydromet Technology, we are working to unlock a new source of LME-grade nickel, copper and cobalt for the global battery metals markets, to empower Tanzania to achieve full in-country value creation and become the next premier source of Class 1 nickel. Through our US-based recycling partnership, we are working to demonstrate that our Hydromet Technology can process and recover platinum, palladium and rhodium from responsibly sourced spent automotive catalytic converters. Our process is expected to be cleaner and more efficient than conventional smelting and refining methods, enabling the circular economy for precious metals. Forward-Looking Statements Certain statements made herein are not historical facts but may be considered "forward-looking statements" within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 regarding, amongst other things, the plans, strategies, intentions and prospects, both business and financial, of Lifezone Metals Limited and its subsidiaries. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, and any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements may be accompanied by words such as "believes," "estimates," "expects," "predicts," "projects," "forecasts," "may," "might," "will," "could," "should," "would," "seeks," "plans," "scheduled," "possible," "continue," "potential," "anticipates" or "intends" "or the negatives of these terms or variations of them or similar terminology or expressions that predict or indicate future events or trends or that are not statements of historical matters; provided that the absence of these does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding future events, the estimated or anticipated future results of Lifezone Metals, future opportunities for Lifezone Metals, including the efficacy of Lifezone Metals' hydrometallurgical technology (Hydromet Technology) and the development of, and processing of mineral resources at, the Kabanga Nickel Project, and other statements that are not historical facts. These statements are based on the current expectations of Lifezone Metals' management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lifezone Metals and its subsidiaries. These statements are subject to a number of risks and uncertainties regarding Lifezone Metals' business, and actual results may differ materially. These risks and uncertainties include, but are not limited to: general economic, political and business conditions, including but not limited to the economic and operational disruptions; global inflation and cost increases for materials and services; reliability of sampling; success of any pilot work; capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; changes in government regulations, legislation and rates of taxation; inflation; changes in exchange rates and the availability of foreign exchange; fluctuations in commodity prices; delays in the development of projects and other factors; the outcome of any legal proceedings that may be instituted against the Lifezone Metals; our ability to obtain additional capital, including use of the debt market, future capital requirements and sources and uses of cash; the risks related to the rollout of Lifezone Metals' business, the efficacy of the Hydromet Technology, and the timing of expected business milestones; the acquisition of, maintenance of and protection of intellectual property; Lifezone's ability to achieve projections and anticipate uncertainties (including economic or geopolitical uncertainties) relating to our business, operations and financial performance, including: expectations with respect to financial and business performance, future operating results, financial projections and business metrics and any underlying assumptions; expectations regarding product and technology development and pipeline and market size; expectations regarding product and technology development and pipeline; future acquisitions, partnerships, or other relationships with third parties; maintaining key strategic relationships with partners and customers; the timing and significance of contractual relationships; the effects of competition on Lifezone Metals' business; the ability of Lifezone Metals to execute its growth strategy, the development and processing of the mineral resources at the Kabanga Nickel Project; obtaining additional capital, including use the debt market, future capital requirements, and sources and uses of cash; manage growth profitably and retain its key employees; the ability of Lifezone Metals to reach and maintain profitability; enhancing future operating and financial results; complying with laws and regulations applicable to Lifezone Metals' business; Lifezone Metals' ability to continue to comply with applicable listing standards of the NYSE; the ability of Lifezone Metals to maintain the listing of its securities on a U.S. national securities exchange; our ability to comply with applicable laws and regulations; stay abreast of accounting standards, or modified or new laws and regulations applying to our business, including privacy regulation; and other risks that will be detailed from time to time in filings with the U.S. Securities and Exchange Commission (SEC) meeting future liquidity requirements and complying with restrictive covenants related to long-term indebtedness; and dealing effectively with litigation, complaints, and/or adverse publicity. The foregoing list of risk factors is not exhaustive. There may be additional risks that Lifezone Metals presently does not know or that Lifezone Metals currently believes are immaterial that could also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements provide Lifezone Metals' expectations, plans or forecasts of future events and views as of the date of this communication. Lifezone Metals anticipates that subsequent events and developments will cause Lifezone Metals' assessments to change. These forward-looking statements should not be relied upon as representing Lifezone Metals' assessments as of any date subsequent to the date of this communication. You should not place undue reliance on forward-looking statements in this communication, which are based upon information available to us as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. In all cases where historical performance is presented, please note that past performance is not a credible indicator of future results. Except as otherwise required by applicable law, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data, or methods, future events, or other changes after the date of this communication. View source version on Contacts Investor Relations – North America Evan YoungSVP: Investor Relations & Capital Investor Relations – Europe Ingo HofmaierChief Financial
Business Wire
29-05-2025
- Automotive
- Business Wire
EV Purchase Consideration Holds Steady in Canada but Brand Preferences Shift Significantly, J.D. Power Finds
TORONTO--(BUSINESS WIRE)--The percentage of new-vehicle shoppers in Canada who say they are 'very likely' or 'somewhat likely' to consider an electric vehicle (EV) for their next purchase has held steady at 28% year over year, down a single percentage point from 2024, even as the country's Incentives for Zero Emissions Vehicles (iZEV) rebate program has been paused, according to the J.D. Power 2025 Canada Electric Vehicle Consideration (EVC) Study, SM released today. However, the overall stability in consideration hides some significant shifts in underlying market dynamics. Nearly half (42%) of new-vehicle shoppers who overall say they are likely to consider an EV, also say that the pause in the $5,000 per vehicle incentive program would negatively affect their likelihood to shop for an EV. What's more, in the province of Quebec where EV incentives were temporarily paused in February and March 2025, consideration declined 8 percentage points while increasing 2 percentage points in the rest of Canada. Additionally, there has been a significant shakeup in the lineup of the most frequently considered EV brands. 'Despite a great deal of volatility in the EV marketplace, overall consumer interest in EVs at a topline level is largely unchanged this year,' said J.D. Ney, director of the automotive practice at J.D. Power Canada. "What is noteworthy, though, is the reaction to the incentive landscape, and perhaps more importantly for manufacturers, the shift in consumer interest toward traditional brands. Hyundai, Kia, Toyota, Ford and Chevrolet are now the top five most-considered brands among new-vehicle shoppers who say they are 'very likely' or 'somewhat likely' to consider an EV. Tesla, which had been among the top two EV brands considered in the study for the past four years, has fallen to eighth place among likely EV shoppers—down 16 percentage points year over year—while among all other brands combined the average gain is half a percentage point.' Following are key findings of the 2025 study: EV consideration steady, but still less than half that of U.S. market: The percentage of new-vehicle shoppers in Canada who say they are 'very likely' or 'somewhat likely' to consider an EV for their next vehicle purchase is 28%, which is down from 29% a year ago and down from 34% in 2023. In the United States, 1 by contrast, the number of shoppers who say they are either 'very likely' or 'somewhat likely' to consider an EV is 59% this year, unchanged from 2024. Shuffle in the ranks of most-considered EV brands: The top five most-considered EV brands among likely EV buyers in this year's study are Hyundai, Kia, Toyota, Ford and Chevrolet. Tesla falls six positions to eighth place among those who say they are 'very likely' or 'somewhat likely' to consider an EV. iZEV program pause weighs on significant number of EV shoppers: When asked whether the iZEV program—which offered a $5,000 rebate on the purchase of an EV and which was indefinitely paused in January—has affected their EV purchase consideration, 42% of new-vehicle shoppers who were likely to consider an EV say it had a negative effect on their decision, while 28% said the pause was more or less neutral in terms of the effect on their decision. Widespread pessimism that Canada will meet 2035 vehicle emissions target: The Canadian government committed to achieve 100% zero-emission vehicle sales by 2035 for all new light-duty vehicles. The majority (75%) of new-vehicle shoppers say they are 'not at all confident' or 'not very confident' that the target will be achieved. The Canada Electric Vehicle Consideration (EVC) Study is an annual industry benchmark for gauging EV shopper consideration. Study content includes overall EV consideration by geography; demographics; vehicle experience and use; lifestyle; and psychographics. It also includes model-level consideration details such as cross-shopping and 'why buy' findings and analysis of reasons for EV rejection. This year's study measured responses from 3,979 new-vehicle shoppers and was fielded in March-April 2025. For more information about the Canada Electric Vehicle Consideration (EVC) Study, visit See the online press release at About J.D. Power J.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modelling capabilities to understand consumer behaviour, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world's leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies. J.D. Power has offices in North America, Europe and Asia Pacific. To learn more about the company's business offerings, visit
Yahoo
19-05-2025
- Politics
- Yahoo
Maryland governor vetoes reparations bill
Maryland Gov. Wes Moore (D) says he has vetoed a state-approved bill to create a commission to study and recommend reparations for slavery and racial discrimination. In his veto letter sent Friday, Moore pointed to several commissions the state has already approved, including the Maryland Lynching Truth and Reconciliation Commission and the State Commission to Coordinate the Study, Commemoration, and Impact of the History and Legacy of Slavery in Maryland. 'I will always protect and defend the full history of African Americans in our state and country,' Moore wrote in his letter. 'But in light of the many important studies that have taken place on this issue over nearly three decades, now is the time to focus on the work itself: Narrowing the racial wealth gap, expanding homeownership, uplifting entrepreneurs of color, and closing the foundational disparities that lead to inequality — from food insecurity to education.' Moore, the state's first Black governor and the nation's only sitting Black governor, also pointed to the rise of Black politicians in recent years, including Sen. Angela Alsobrooks (D), who is Maryland's first Black female senator, and noted the state has a Black attorney general, Black state House Speaker and Black treasurer. 'We have moved in partnership with leaders across the state to uplift Black families and address racial disparities in our communities,' Moore said. 'That is the context in which I've made this difficult decision. Because while I appreciate the work that went into this legislation, I strongly believe now is not the time for another study. Now is the time for continued action that delivers results for the people we serve.' The bill, a top priority of the Legislative Black Caucus of Maryland, detailed a host of potential reparations, including official statements of apology, financial compensation, assistance with making a down payment on a home, debt forgiveness and tuition payment waivers for higher education. The bill passed last month with a 101-36 vote in the state's House. The Legislative Black Caucus condemned Moore's veto Friday. 'At a time when the White House and Congress are actively targeting Black communities, dismantling diversity initiatives, and using harmful coded language, Governor Moore had a chance to show the country and the world that here in Maryland we boldly and courageously recognize our painful history and the urgent need to address it,' it said in the statement. 'Instead, the State's first Black governor chose to block this historic legislation that would have moved the state toward directly repairing the harm of enslavement.' California, Colorado, Massachusetts, New York and Illinois have all introduced efforts to pass reparations. Evanston, Ill., was the first city to approve a reparations plan for Black residents, followed by California's ambitious recommendation for eligible recipients to receive up to $1.2 million each. No federal legislation has passed yet, though Rep. Ayanna Pressley (D-Mass.) and Sen. Cory Booker (D-N.J.) reintroduced H.R. 40, which would create a federal commission to examine the lasting impact of slavery, systemic racism and racial discrimination and explore measures — such as reparations — to address these harms. The legislation was first introduced in 1989. Meanwhile, Rep. Summer Lee (D-Pa.) on Thursday reintroduced the federal Reparations Now resolution, which would offer reparations to descendants of enslaved Africans and people of African descent. —Updated at 10:32 a.m. EDT Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Hill
19-05-2025
- Politics
- The Hill
Maryland governor vetoes reparations bill
Maryland Gov. Wes Moore (D) says he will veto a state-approved bill to create a commission to study and recommend reparations for slavery and racial discrimination. In his veto letter sent on Friday, Moore pointed to several commissions the state has already approved, including the Maryland Lynching Truth and Reconciliation Commission and the State Commission to Coordinate the Study, Commemoration, and Impact of the History and Legacy of Slavery in Maryland. 'I will always protect and defend the full history of African Americans in our state and country,' Moore wrote in his letter. 'But in light of the many important studies that have taken place on this issue over nearly three decades, now is the time to focus on the work itself: Narrowing the racial wealth gap, expanding homeownership, uplifting entrepreneurs of color, and closing the foundational disparities that lead to inequality — from food insecurity to education.' Moore, the state's first Black governor and the nation's only sitting Black governor, also pointed to the rise of Black politicians in recent years, including Sen. Angela Alsobrooks (D), the state's first Black female senator, and noted the state's Black attorney general, Black state House speaker and Black treasurer. 'We have moved in partnership with leaders across the state to uplift Black families and address racial disparities in our communities,' Moore said. 'That is the context in which I've made this difficult decision. Because while I appreciate the work that went into this legislation, I strongly believe now is not the time for another study. Now is the time for continued action that delivers results for the people we serve.' The bill, a top priority of the Legislative Black Caucus of Maryland, detailed a host of potential reparations, including official statements of apology, financial compensation, assistance with making a down payment on a home, debt forgiveness and tuition payment waivers for higher education. The bill passed last month with a 101-36 vote in the state's House. Maryland's Legislative Black Caucus on Friday condemned Moore's veto. 'At a time when the White House and Congress are actively targeting Black communities, dismantling diversity initiatives, and using harmful coded language, Governor Moore had a chance to show the country and the world that here in Maryland we boldly and courageously recognize our painful history and the urgent need to address it,' the caucus said in the statement. 'Instead, the State's first Black governor chose to block this historic legislation that would have moved the state toward directly repairing the harm of enslavement.' California, Colorado, Massachusetts, New York and Illinois have all introduced efforts to pass reparations. Evanston, Ill., was the first city to approve a reparations plan for Black residents, followed by California's ambitious recommendation for eligible recipients to receive up to $1.2 million each. No federal legislation has passed yet, though Rep. Ayanna Pressley (D-Mass.) and Sen. Cory Booker (D-N.J.) reintroduced H.R. 40, which would create a federal commission to examine the lasting impact of slavery, systemic racism and racial discrimination and explore measures — such as reparations — to address these harms. The legislation was first introduced in 1989. Meanwhile, Rep. Summer Lee (D-Penn.) on Friday reintroduced the federal Reparations Now resolution, which would offer reparations to descendants of enslaved Africans and people of African descent.
