Latest news with #batteryMaterials
Associated Press
10 hours ago
- Business
- Associated Press
Nevada Lithium Exploration, Inc. to File and Present NI 43-101 Technical Report for the Prometheus Project at Fastmarkets' 17th Lithium Supply & Battery Conference
Reno, NV June 23, 2025 --( )-- The Company will formally release the report during the Fastmarkets' 17th Lithium Supply & Battery Materials Conference, to be held June 23-26, 2025, at the Red Rock Resort in Las Vegas, Nevada. Nevada Lithium's President G.W. Bush, will represent the Company at the premier global gathering of lithium and battery materials stakeholders. The Prometheus Lithium + Rare Earth Elements (REEs) Project encompasses approximately 6000 acres situated on the western flank and slope of the Weepah Hills in Esmeralda County, Nevada. The property lies in a prime geological corridor-positioned between two major drainage tributaries that flow into Clayton Valley and Big Smokey Valley, both known for their lithium-rich sediments. The Prometheus Project shares a four-mile boundary with the geothermal lease held by Chevron and Baseload Capital in the Weepah Hills, highlighting strong potential for synergies with renewable energy development. Nevada Lithium Exploration's claim-block is located just 10 minutes north of Albermarle's Clayton Valley Operation--the only producing lithium brine mine in the United States and 15 minutes to the east of Ioneer's Rhyolite Ridge Lithium-Boron Project, the Prometheus Project lies within the heart of Nevada's globally significant lithium belt. 'We're excited to advance the Prometheus Project, which represents a significant step forward in securing domestic critical mineral supply for the clean energy transition,' said Bob Marvin, P. Geo Consulting Geologist at Nevada Lithium Exploration, Inc. 'Our initial results demonstrate the potential for a polymetallic deposit containing lithium, REEs, and other critical and precious metals.' Contact Information: Nevada Lithium Exploration, Inc. G.W. Bush President - CEO 877-685-4397 Contact via Email Read the full story here: Nevada Lithium Exploration, Inc. to File and Present NI 43-101 Technical Report for the Prometheus Project at Fastmarkets' 17th Lithium Supply & Battery Conference Press Release Distributed by
Yahoo
4 days ago
- Business
- Yahoo
Canter Resources to Attend Fastmarkets Lithium Supply & Battery Raw Materials Conference in Las Vegas
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2025) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company"), a U.S.-focused critical mineral exploration company, is pleased to announce that its management team will be attending the Fastmarkets Lithium Supply & Battery Raw Materials Conference, taking place June 23-26, 2025, at the Red Rock Casino Resort in Las Vegas, Nevada. The Fastmarkets conference is recognized as the industry's largest and most influential gathering for the global lithium and battery materials sector, bringing together over 1,300 delegates from 550 companies across 40 countries. The event provides a premier platform for industry leaders to discuss critical issues, innovations, and market trends shaping the future of battery raw materials supply chains. Canter's Nevada portfolio is well positioned within the key districts within the state, with significant momentum building around Nevada emerging as an important hub for securing domestic supply chain independence for lithium and other critical minerals. Government support continues to increase through the Department of Energy, Department of Defense and EXIM bank, as demonstrated by the significant funding initiatives taking place in the region. The Company looks forward to advancing its strategic partner and M&A discussions at the Conference, and engaging with peers, investors, and stakeholders to share insights on sustainable exploration, Direct Lithium Extraction developments and the evolving regulatory landscape. For those attending the conference who would like to schedule a meeting with Canter's management team, please contact info@ About Canter Resources Corp. Canter Resources Corp. is a junior mineral exploration company advancing the Columbus Lithium-Boron Project and the Railroad Valley (RV) Lithium-Boron Project in Nevada, USA. The Company is completing a phased drilling approach at Columbus to test highly prospective brine targets at varying depths for lithium-boron enrichment and plans to leverage the Company's critical metals targeting database to generate a portfolio of high-quality projects with the aim of defining mineral resources that support the technology and domestic clean energy supply chains in North America. On behalf of the Board of Directors. For further information, contact: Joness LangChief Executive Officer Canter Resources Corp. Tel: 778.382.1193jlang@ For investor inquiries contact: Kristina Pillon, High Tide Consulting 604.908.1695investors@ The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release. FORWARD-LOOKING STATEMENTS This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's plans for the Project and the payments related thereto, the issuance of the Consideration Shares and the Company's expected exploration activities. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. To view the source version of this press release, please visit
Yahoo
5 days ago
- Business
- Yahoo
Electra Commences Early Works to Support Restart of North America's Only Cobalt Refinery
TORONTO, June 19, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) ('Electra' or the 'Company') announces the launch of an early works program at its cobalt refinery north of Toronto, reaffirming the Company's commitment to onshoring North America's critical minerals processing and building a resilient, domestic battery materials supply chain. The early works program encompasses targeted site-level activities designed to prepare for the restart of full-scale construction. The initiative reflects growing momentum around the project, supported by strategic funding from both the U.S. and Canadian governments. The work, budgeted at approximately C$750,000, is particularly focused on advancing the solvent extraction facility. 'The early works program represents a critical step in transitioning the refinery site back to construction mode,' said Mark Trevisiol, Vice President, Projects at Electra. 'By focusing on key infrastructure, particularly in the SX area, we are ensuring the site is ready for a seamless ramp-up as soon as full funding is in place.' Work scheduled over the summer will focus on advancing high-priority activities in the solvent extraction (SX) area, which is a key component of Electra's hydrometallurgical refining circuit. Crews will relocate and install SX processing equipment previously delivered to site, pour reinforced concrete bases for the SX tanks, and complete structural roofing work on the SX building. In parallel, tender preparation and engineering support activities will proceed to facilitate the transition to full construction. These works follow a C$200,000 investment earlier this year into the septic, power and lighting systems, as well as the recent delivery and placement of the site's prefabricated electrical house, all further enhancing construction readiness. 'This project reflects our disciplined approach to advancing the refinery project,' said Electra CFO, Marty Rendall. 'The early works program enables us to build critical infrastructure and maintain project momentum while we work to finalize the remaining elements of our funding package.' The early works initiative is partially supported by a US$20 million award from the U.S. Department of Defense under the Defense Production Act, announced in August 2024. This funding underscores the strategic role of Electra's refinery in strengthening domestic industrial capacity and securing North America's critical minerals supply chain. The project has also received support from Canada's Strategic Innovation Fund. 'Our early works program is a clear signal: Electra is not standing still,' said Trent Mell, CEO of Electra. 'The early works program lays the physical and operational groundwork to accelerate into full construction. We are confident in our project and its strategic importance. Preparing for the final leg of construction is a reaffirmation of our commitment to delivering North America's only battery-grade cobalt refinery.' Electra's refinery is the only project in North America designed to produce battery-grade cobalt sulfate at scale. By integrating advanced hydrometallurgical processing and pursuing low-carbon production pathways, Electra is redefining how critical minerals are refined, offering a cleaner, traceable alternative to overseas supply chains. Following a temporary pause in construction in 2023, Electra has continued to make strategic progress toward completing the remaining financing needed to bring the cobalt sulfate refinery into full commercial operation. With foundational funding already secured, including significant contributions from both the U.S. and Canadian governments, the Company is actively advancing complementary funding initiatives to support project completion. Backed by strong government endorsements and the refinery already significantly advanced, Electra expects it will be able to finalize the balance of the financing required to move the refinery into production. About Electra Battery Materials Electra is a leader in advancing North America's critical minerals supply chain for lithium-ion batteries. Currently focused on developing North America's only cobalt sulfate refinery, Electra is executing a phased strategy to onshore critical minerals refining and reduce reliance on foreign supply chains. In addition to establishing the cobalt sulfate refinery, Electra's strategy includes nickel refining and battery recycling. Growth projects include integrating black mass recycling at its existing refining complex, evaluating opportunities for cobalt production in Bécancour, Quebec, and exploring nickel sulfate production potential in North America. For more information, please visit ContactHeather SmilesVice President, Investor Relations & Corporate Development Electra Battery Materialsinfo@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements and forward-looking information (together, 'forward-looking statements') within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as 'plans', 'expects', 'estimates', 'intends', 'anticipates', 'believes' or variations of such words, or statements that certain actions, events or results 'may', 'could', 'would', 'might', 'occur' or 'be achieved'. Forward-looking statements are based on certain assumptions, and involve risks, uncertainties and other factors that could cause actual results, performance, and opportunities to differ materially from those implied by such forward-looking statements. Among the bases for assumptions with respect to the potential for additional government funding are discussions and indications of support from government actors based on certain milestones being achieved. Factors that could cause actual results to differ materially from these forward-looking statements are set forth in the management discussion and analysis and other disclosures of risk factors for Electra Battery Materials Corporation, filed on SEDAR+ at and on EDGAR at Other factors that could lead actual results to differ materially include changes with respect to government or investor expectations or actions as compared to communicated intentions, and general macroeconomic and other trends that can affect levels of government or private investment. Although the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. A photo accompanying this announcement is available at
Yahoo
6 days ago
- Business
- Yahoo
Intercontinental Exchange Announces the Launch of its First Futures Contracts
Intercontinental Exchange, Inc. (NYSE:ICE) is one of the 11 Best Financial Services Stocks to Buy Right Now. It has strategically expanded into essential minerals within its energy and environmental markets by launching its first futures contracts based on battery materials. A team of mortgage originators using a closing solution platform for quick and accurate mortgage processing. These markets are already known as the most liquid trading locations for such products. The action is intended to assist clients in managing changing trade flows and geopolitical risks in the critical mineral market. Intercontinental Exchange, Inc. (NYSE:ICE)'s response to the increasing requirements of energy sector participants who are dealing with greater complexity is reflected in the launch of battery materials futures. Its Global Head of Oil Markets, Jeff Barbuto, noted how these contracts assist clients in controlling their exposure to the changing dynamics of mineral supply chains. Intercontinental Exchange, Inc. (NYSE:ICE) intends to increase battery material liquidity in addition to its well-established clearing platform and energy derivatives. This project is in line with more general developments in the shift to clean energy, where the need for vital minerals like cobalt and lithium is changing the way commodities are traded internationally. While we acknowledge the potential of ICE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Sign in to access your portfolio
