Latest news with #technician
CBC
27-05-2025
- General
- CBC
How many swifts can fit in a chimney? At least 2,400!
A technician with Birds Canada captured more than 2,400 chimney swifts flying into a Fredericton chimney on May 25.
News.com.au
27-05-2025
- News.com.au
More commuter chaos as technical incident on Metro
Metro services are running at a 'very limited' capacity between Sydenham and Barangaroo after a train had a mechanical incident after 4pm, just before the Tuesday afternoon peak. Sydney commuters hoping to catch the Metro home from work have been the latest victims of disruptions and delays, after an incident occurred at Barangaroo station. A Sydney Metro spokesperson said an issue has arisen with the pantograph on one of the trains, which is the part on top of the carriage that fixes the vehicle to the overhead lines. Services are still running between Barangaroo and Tallawong. Shuttle services will be run between Barangaroo and Sydenham. 'Announcements are being made on-board and on platforms,' the spokesperson said. 'Troubleshooting of the train is underway. 'A technician is on the way to the train to resolve the issue and move the train. 'Customers are urged to make alternative travel arrangements and check their travel apps for the most up to date information.' Passenger services along the Metro line were delayed after 4pm, with staff at Martin Place Metro station telling passengers to use the heavy rail. Travel screens at the station were blank as afternoon crowds filled the platform. This is the third incident to hit Sydney's transport system in less than a week. Trains on the heavy rail network were delayed on Monday afternoon after a mental health incident near Artarmon resulted in a police operation, which required the train lines to be de-energised. That followed chaos on Tuesday and Wednesday last week when an overhead electrical wire collapsed on a train near Homebush shutting off nearly all train lines. Premier Chris Minns, who had yet to be briefed on the Metro debacle on Tuesday afternoon, said it was 'unusual' for the Metro 'to go down'. 'It's obviously brand new,' he said. The Premier asked commuters to have patience after multiple issues across the transport network in recent days and issues around punctuality of the heavy rail network. 'Commuters should give us a chance to remediate on-time running and efficiency and make sure that punctuality is back to where it should be,' he said. 'I say that in the full knowledge that where we're at the moment is nowhere near good enough.' Business Sydney executive director Paul Nicolaou said Tuesday afternoon's metro failure was 'a very disappointing situation coming on top of the previous failures on the heavy rail network'. 'The repeated meltdowns of our public transport system continues to shake confidence in the system, and is not helping with the post-pandemic recovery of our city,' he said. 'It is clear the government needs to get to the root causes of these repeated breakdowns and develop solutions to provide the reliability and certainty that Sydney commuters need.'
Washington Post
20-05-2025
- Entertainment
- Washington Post
Uncovering the secret lives of turtles, we also discover ourselves
I am playing the world's slowest video game. Sitting in front of a monitor with a technician from the Smithsonian, I am watching the progress of Turtle 4004, known as Roxy. She's an older box turtle, and a GPS tag on her shell records hourly updates of her location. But box turtles, on average, move only about 2 centimeters per hour — which makes for some obvious tedium for those tracking her progress. The tech reads out updates on Roxy's peregrinations to me.
Yahoo
19-05-2025
- Business
- Yahoo
Strong Results Lifted Kratos Defense & Security Solutions (KTOS)
Baron Funds, an investment management company, released its 'Baron Discovery Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund was down 6.17% (Institutional Shares), outperforming the -11.12% return for the Russell 2000 Growth Index. The market began strong in February but faded due to Trump's serious tariff enactment, which the market perceives as inflationary and slowing economic growth. The decline accelerated after April 2nd, causing fears of a trade war and global recession. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Baron Discovery Fund highlighted stocks such as Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is a technology company, that offers mission-critical products, services, and solutions. The one-month return of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) was 10.31%, and its shares gained 62.71% of their value over the last 52 weeks. On May 16, 2025, Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) stock closed at $35.21 per share with a market capitalization of $5.397 billion. Baron Discovery Fund stated the following regarding Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in its Q1 2025 investor letter: "Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a disruptive defense technology provider, rose following a strong quarterly earnings report that demonstrated notable strength across multiple segments and guided to faster than baseline growth in fiscal 2026. We believe Kratos is increasingly well positioned to accelerate growth with its exposure to what are arguably the fastest growing segments of the defense ecosystem, including hypersonic missiles, solid rocket motors, and unmanned aircraft solutions. The company is hitting its stride and is making huge investments now to satisfy what it believes to be very visible future demand." A technician in a laboratory carrying out research and development of microwave electronics. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 21 hedge fund portfolios held Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) at the end of the fourth quarter, compared to 20 in the third quarter. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) reported revenues of $302.6 million, surpassing its guidance range. While we acknowledge the potential of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) and shared the list of best military drone stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hindustan Times
19-05-2025
- Business
- Hindustan Times
Rare-Earths Plants Are Popping Up Outside China
A technician trains workers at Aclara's pilot plant in Brazil. GOINIA, Brazil—In a warehouse deep in Brazil's savanna, machines churn through piles of red clay to produce chalky rocks packed with metals critical for making electric cars, smartphones and missiles. But what is particularly precious about these minerals is their intended destination: They are bound for the U.S., not China. China mines some 70% of the world's rare earths, the 17 metallic elements primarily used in magnets needed for civilian and military technologies. But its 90% share of processing for rare earths mined around the world is what really concerns officials from other countries working to secure their supply. 'China is a formidable competitor,' said Ramón Barúa, chief executive of Canada's Aclara Resources, which is opening a rare-earths mine to supply a processing plant it plans to build in the U.S. Aclara said it plans by August to decide where in the U.S. to build its plant for separating rare-earths deposits into individual elements. It also has a buyer lined up. Aclara signed an agreement last year to supply rare earths to VAC, a German company that is building a factory in South Carolina with $94 million in Pentagon funding to make magnets for clients including General Motors. 'We're seeing a tsunami of demand,' Barúa said. Geopolitical tension is fueling interest in Brazil's minerals. After the U.S. set new tariffs on China last month, China tightened restrictions on the export of rare-earth materials, worrying U.S. manufacturers including Tesla and redoubling their hunt for non-China alternatives. Exports of rare earths restarted this month for some companies. 'Hopefully, we'll get a license to use the rare-earth magnets,' Tesla CEO Elon Musk said on the company's April earnings call. Brazil has the world's second-largest rare-earth reserves after China, some 21 million tons, according to the U.S. Geological Survey. That represents more than a fifth of known global reserves—and more than 10 times those in the U.S. Brazil is also rich in a scarcer subset of heavy rare earths, including dysprosium and terbium, silvery metal elements that stop magnets from losing their strength at high temperatures. They are important in electric vehicles, where magnets power the motor even as it heats up. Despite its huge reserves, Brazil has been a small player in rare earths because of its complex mining regulations and the difficulty of attracting financing from companies willing to confront entrenched Chinese competitors. Costs to mine and process Brazilian rare earths are estimated to be around three times China's, meaning Western buyers would likely pay a substantial premium for Brazilian minerals. Only a few companies outside China have mastered rare-earth processing, and the learning curve is steep. Brazil is mapping potential rare-earths deposits and searching for traces of them in waste from other mines, said Alexandre Silveira, the country's minister of mines and energy. 'This potential presents a significant opportunity,' he said. Brazil's first big rare-earths mine opened last year some 90 miles west of the town of Nova Roma, where Aclara plans to produce. Backed by Denham Capital, a Boston-based private-equity firm, the project is one of the few outside Asia to produce dysprosium, terbium, neodymium and praseodymium—elements used to create high-power magnets. But the mine is contracted to ship most of its production to China. The U.S. has dedicated hundreds of millions of dollars over the past five years to reviving rare-earth processing plants and magnet factories closed during decades of Chinese dominance. President Trump declared a national emergency in 2020 over U.S. dependence on foreign critical minerals, including rare earths, and has made the sector a priority since returning to office. Europe has worked to reduce its reliance on China. The European Union aims to process 40% of the critical raw materials it needs and has agreed that no outside country should supply more than 65% of Europe's annual consumption of a list of designated materials that includes rare earths. After opening a pilot plant to perfect the refinement process near Goiânia, Aclara plans to invest some $600 million to complete work on a larger plant next to the mine in Nova Roma to start full production in 2028. The plant will partially process the rare earths, creating rare-earth carbonates: white rocks containing all the elements that will be separated into individual elements in the U.S. While Aclara can't compete with China on price, it markets its mining practices as more environmentally friendly. Brazil's record on mining is far from perfect. The collapse of a tailings dam owned by iron-ore miner Vale killed 272 people in 2019, four years after another dam it owned jointly with BHP Group ruptured. Even so, Brazilian regulations are tighter than regulations are in China. Aclara's mining process also poses fewer risks, analysts said. China typically mines rare earths by drilling holes into clay and flushing out rare earths with ammonium sulfate solution, a common fertilizer. The process is relatively cheap, but risks contaminating surrounding soils and the water supply. Instead of following suit, Aclara plans to excavate its clays from depths of up to some 30 meters, or nearly 100 feet, and transport them to the plant for treatment. 'Their clay is right at the surface, so you don't have to dig deep,' said Erik Eschen, CEO of VAC, the company planning to buy rare earths from Aclara. The residual clay is washed and returned to the ground, eliminating the need for tailings dams. Lugging truckloads of earth that typically contain less than 3 pounds of rare earths in each ton is expensive. But it reduces contamination at the site of the mine. 'The attention to environmental concerns is the biggest difference between what is done in China and what Aclara plans to do in Brazil,' said Jon Hykawy, a rare-earths expert who recently inspected Aclara's pilot plant and mine. Write to Samantha Pearson at and Jon Emont at Get 360° coverage—from daily headlines to 100 year archives.
