Latest news with #titanium
Associated Press
2 days ago
- Business
- Associated Press
Empire Metals Limited Announces Final Results
Final Results for the year ended 31 December 2024 LONDON, UK / ACCESS Newswire / June 6, 2025 / Empire Metals Limited, (LON:EEE)(OTCQB:EPMLF), the AIM-quoted and OTCQB-traded exploration and development company, announces its final results for the year ended 31 December 2024. The annual report and accounts for the year ended 31 December 2024 will be posted to shareholders today and will be available for download shortly from the Company's website, Highlights *The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. Shaun Bunn, Managing Director, said: 'Empire Metals has built on the exceptional momentum established in 2023, and we enter this next chapter with increased confidence in the scale, quality, and strategic importance of the Pitfield Titanium Project. The release of our maiden JORC Exploration Target*, estimating 26.4 to 32.2 billion tonnes at 4.5-5.5% TiO₂ in June 2024, confirmed Pitfield as the largest undeveloped titanium system globally and a key potential source of this critical metal. 'Our exploration strategy has focused on accelerated commercialisation, and this disciplined approach is now bearing fruit. The discovery of a significant zone of near-surface, high-grade, clean titanium dioxide minerals within the weathered saprolite layer - rich in rutile and anatase - presents a major opportunity to fast-track development. These minerals offer a lower-cost processing route and align with rising global demand for more sustainable titanium sources. 'Empire is in a strong financial position following two successful funding rounds in 2024, and a further raise in 2025, providing us with a current cash position of approximately £7 million. This support from the market not only validates our strategy but ensures we are well funded for our ongoing programmes, from resource definition to additional metallurgical testing as we move closer to commercialisation. 'Each milestone continues to de-risk Pitfield, both technically and geologically. The results to date have only strengthened our conviction that Pitfield is a once-in-a-generation discovery. As we progress towards commercialisation, our commitment to unlocking its full value has never been stronger. We look forward to another transformative year for Empire.' Click on, or paste the following link into your web browser, to view the full announcement text: Market Abuse Regulation (MAR) Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement. **ENDS** For further information please visit or contact: This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit SOURCE: Empire Metals Limited press release
Yahoo
3 days ago
- Business
- Yahoo
Empire Metals Limited Announces Final Results
Final Results for the year ended 31 December 2024 LONDON, UK / / June 6, 2025 / Empire Metals Limited, (LON:EEE)(OTCQB:EPMLF), the AIM-quoted and OTCQB-traded exploration and development company, announces its final results for the year ended 31 December 2024. The annual report and accounts for the year ended 31 December 2024 will be posted to shareholders today and will be available for download shortly from the Company's website, Highlights Pitfield Project confirmed as the largest titanium discovery globally: JORC Exploration Target* of 26.4-32.2 billion tonnes at 4.5-5.5% TiO₂. Heightened focus on strategic significance of titanium: demand for titanium is accelerating globally due to its critical role in aerospace, defence, and pigment markets. Breakthrough Discovery in 2024: Identification of near-surface saprolite zones rich in high-grade anatase and rutile (>95% TiO₂) offers the potential for a fast-tracked, high-margin development phase. Strong Metallurgical Results: Early testwork yielded a 91.7% TiO₂ product using conventional methods-indicating low-impact, high-purity feedstock potential without smelting. Strengthened Technical Team and Board: New hires across process, environmental, and commercial functions, plus titanium industry experts, are accelerating development progress. Strong Cash Position: Cash balance of £7 million as of 30 May 2025 supports ongoing ambitious development plans throughout 2025. Clear Near-Term Milestones: Upcoming objectives include delivering a maiden MRE, finalising process design and advancing mine studies as Pitfield moves towards commercialisation. *The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. Shaun Bunn, Managing Director, said: "Empire Metals has built on the exceptional momentum established in 2023, and we enter this next chapter with increased confidence in the scale, quality, and strategic importance of the Pitfield Titanium Project. The release of our maiden JORC Exploration Target*, estimating 26.4 to 32.2 billion tonnes at 4.5-5.5% TiO₂ in June 2024, confirmed Pitfield as the largest undeveloped titanium system globally and a key potential source of this critical metal. "Our exploration strategy has focused on accelerated commercialisation, and this disciplined approach is now bearing fruit. The discovery of a significant zone of near-surface, high-grade, clean titanium dioxide minerals within the weathered saprolite layer - rich in rutile and anatase - presents a major opportunity to fast-track development. These minerals offer a lower-cost processing route and align with rising global demand for more sustainable titanium sources. "Empire is in a strong financial position following two successful funding rounds in 2024, and a further raise in 2025, providing us with a current cash position of approximately £7 million. This support from the market not only validates our strategy but ensures we are well funded for our ongoing programmes, from resource definition to additional metallurgical testing as we move closer to commercialisation. "Each milestone continues to de-risk Pitfield, both technically and geologically. The results to date have only strengthened our conviction that Pitfield is a once-in-a-generation discovery. As we progress towards commercialisation, our commitment to unlocking its full value has never been stronger. We look forward to another transformative year for Empire." Click on, or paste the following link into your web browser, to view the full announcement text: Market Abuse Regulation (MAR) DisclosureCertain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement. **ENDS** For further information please visit or contact: Empire Metals Ltd Shaun Bunn / Greg Kuenzel / Arabella Burwell Tel: 020 4583 1440 S. P. Angel Corporate Finance LLP (Nomad & Broker) Ewan Leggat / Adam Cowl Tel: 020 3470 0470 Shard Capital Partners LLP (Joint Broker) Damon Heath Tel: 020 7186 9950 St Brides Partners Ltd (Financial PR) Susie Geliher / Charlotte Page Tel: 020 7236 1177 This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@ or visit SOURCE: Empire Metals Limited View the original press release on ACCESS Newswire Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
CNA
4 days ago
- Automotive
- CNA
F1 to continue with titanium skid blocks after grass fires
LONDON : Formula One cars will continue to use titanium skid blocks for the rest of the season after testing stainless steel alternatives to reduce the risk of trackside grass fires. Second practice at Suzuka in April was stopped four times by red flags, twice because of trackside fires set by sparks from cars. Practice at last year's Chinese Grand Prix in Shanghai was also interrupted by a red flag when a small grass fire broke out at trackside. The governing FIA said on Wednesday that the titanium skid blocks beneath the car, which spark on contact with the asphalt or kerbs, would remain the mandated material but teams would also be required to have stainless steel ones available. It said this was because "they may become mandatory if similar grass fire incidents occur as seen in Suzuka early this year. "Additional testing of stainless steel skid blocks will be conducted at selected events throughout the season to support further evaluation." The decision followed analysis of stainless steel blocks tested at last weekend's Spanish Grand Prix.
Geeky Gadgets
4 days ago
- Business
- Geeky Gadgets
Samsung Galaxy S25 Edge: The ULTIMATE Durability Test!
The Samsung Galaxy S25 Edge stands out as the slimmest smartphone ever produced by the company, measuring an impressive 5.8mm in thickness. With its lightweight design and robust titanium frame, it offers a blend of elegance and durability that appeals to modern users. However, its minimalist design approach raises questions about its overall functionality and value. The video below from JerryRigEverything provides more insights into the phone's design, durability, features, and practicality to help you determine if it aligns with your needs. Watch this video on YouTube. Design and Build: A Slim Marvel with Trade-offs The Galaxy S25 Edge is a testament to Samsung's engineering prowess. Its ultra-thin profile, combined with a weight reduction of 2 ounces compared to the Ultra series, makes it one of the most portable smartphones on the market. The titanium frame enhances structural integrity, while Ceramic 2 Gorilla Glass provides improved scratch resistance. The ultrasonic fingerprint scanner, seamlessly integrated into the display, adds to the phone's sleek and modern aesthetic. However, the design is not without compromises. The prominent camera bump and protruding buttons disrupt the otherwise streamlined appearance, potentially requiring a protective case that could detract from its slim design. Additionally, the absence of an anti-glare coating—available in the Ultra series—can hinder screen visibility in bright environments, which may be a drawback for outdoor use. Durability: Thin Yet Resilient Despite its slim profile, the Galaxy S25 Edge demonstrates impressive durability. The combination of a titanium frame and Ceramic 2 Gorilla Glass ensures resistance to bending and pressure, making it a standout in the thin smartphone category. These materials contribute to the phone's resilience against everyday wear and tear, offering peace of mind to users concerned about durability. However, water resistance emerges as a potential weak point. During testing, slight panel separation was observed under pressure, raising concerns about its ability to withstand prolonged exposure to water. While the phone can likely endure minor splashes, users should exercise caution in wet conditions to prevent potential damage. This limitation may be a consideration for those who frequently use their devices in environments where water exposure is a risk. Features and Limitations: Balancing Innovation and Compromise The Galaxy S25 Edge is equipped with a 200MP main camera and a 12MP ultrawide camera, delivering exceptional image quality that rivals higher-end models. These features cater to photography enthusiasts seeking sharp and vibrant visuals. However, the camera bump may pose an inconvenience, particularly for users who prefer a flat back design. Unlike the Ultra series, the Galaxy S25 Edge does not include an S Pen, which could be a drawback for productivity-focused users. Additionally, the phone's smaller battery capacity may result in shorter usage times, especially for power users who rely on their devices for extended periods. The absence of an anti-glare coating further limits usability in direct sunlight, reducing the effectiveness of the high-resolution display in outdoor settings. While the display offers a smooth refresh rate and premium viewing experience, these features align with the Ultra series rather than surpassing them. This positions the Galaxy S25 Edge as a device that prioritizes portability and design over new advancements in functionality. Performance and Practicality: A Mixed Bag The slim and lightweight design of the Galaxy S25 Edge enhances portability, making it an ideal choice for users who prioritize convenience and ease of handling. Its reduced weight may also minimize the impact of accidental drops, adding to its practical appeal. However, the protruding buttons and camera bump can make the device less comfortable to handle without a case, potentially detracting from its overall usability. In terms of performance, the Galaxy S25 Edge matches the Ultra series in screen resolution and refresh rate, making sure a smooth and visually appealing user experience. However, its smaller battery and the absence of additional cameras may limit its appeal to users seeking a more feature-rich smartphone. These trade-offs highlight the phone's focus on aesthetics and portability rather than comprehensive functionality. Who Is the Galaxy S25 Edge For? The Samsung Galaxy S25 Edge is a visually striking smartphone that excels in portability and durability. Its titanium frame and Ceramic 2 Gorilla Glass provide resilience, while the high-resolution display and advanced camera system deliver a premium experience. However, compromises such as the lack of an S Pen, smaller battery capacity, and absence of an anti-glare coating may deter users who prioritize a more feature-rich device. This smartphone is best suited for individuals who value a slim, lightweight design and are willing to accept trade-offs in functionality. While its high price point may not appeal to all, the Galaxy S25 Edge demonstrates Samsung's ability to innovate within the ultra-thin smartphone market, offering a device that caters to a niche audience seeking a balance of style and practicality. Stay informed about the latest in Samsung Galaxy S25 Edge by exploring our other resources and articles. Source & Image Credit: JerryRigEverything Filed Under: Android News, Guides, Mobile Phone News, Top News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
Associated Press
6 days ago
- Business
- Associated Press
Empire Metals Limited Announces Major Drilling Campaign Targeting Maiden MRE
Empire Metals Limited ('Empire' or 'the Company') Commencement of Major Drilling Campaign Targeting Maiden Mineral Resource Estimate LONDON UNITED KINGDOM / ACCESS Newswire / June 2, 2025 / Empire Metals Limited (LON:EEE), the AIM-quoted and OTCQB-traded exploration and development company,is pleased to announce the commencement of a major drilling campaign at the Pitfield Project in Western Australia ('Pitfield' or the 'Project'). This programme will target high-grade titanium mineralisation within the in-situ weathered cap at the Thomas Prospect, with the objective of delivering a maiden JORC Compliant Mineral Resource Estimate ('MRE'). Highlights Shaun Bunn, Managing Director, said:"We are pleased to commence this important drilling campaign at Pitfield, focused on delivering our maiden MRE from the Thomas Thomas Prospect contains broad, continuous, high-grade zones of high-purity titanium dioxide mineralisation within the in-situ weathered cap: confirmed by assay results from the February 2025 AC drill campaign, averaging 6.20% TiO₂ over an average depth of 54m (announced 28 April 2025). 'This fully funded campaign, scheduled to run over the next four to five weeks, is the largest undertaken to date at Pitfield. With 164 holes planned over an 11 square kilometre area and to an average depth of 65 metres, this work is designed to deliver a globally significant Mineral Resource Estimate.' MRE Drilling Programme The location and spacing of the planned AC drillholes have been designed, with the input of mineral resource consultants Snowden-Optiro, to provide the necessary drill assay data density to allow the preparation of an MRE at the Thomas Prospect. The programme consists of 124 AC drillholes, on a 400 x 200m drillhole-spaced grid with an average forecast depth of 54.1m, for a total of 6,700 metres, and 40 RC drillholes within the AC drilling grid, to a depth of 100m, for a total of 4,000 metres. The overall drillhole grid extends 5.2km by 2.2km and totals an area of 11.4 sq km (refer Figure 1). The drilling is targeting the near surface, highly weathered zones within the Thomas Prospect; drilling has now commenced and will run over several weeks, with laboratory analysis scheduled for completion in August. Figure 1. Planned Air Core drill hole collar locations within the Thomas Prospect priority area. The near-surface, in-situ weathered cap at the Thomas Prospect contains a high percentage of the key titanium bearing minerals, primarily anatase and rutile. The drilling targets areas were selected on the basis of three key parameters: high-purity TiO2 mineral assemblage, high average TiO2 grades and significant depth of weathering (refer Table 1). The AC and RC drillholes will be geologically logged and sub-sampled on 2m intervals and geochemically analysed; this data will provide the basis for geological modelling and for the development of the MRE at the Thomas Prospect. Air core drilling has previously been utilised at Pitfield to drill-test the weathered cap and collect bulk metallurgical samples (announced 28 April 2025). It is a cost-effective and efficient drilling method that is commonly used for shallow exploration projects and the success of the previous campaign confirmed its suitability for the preparation of the MRE. Table 1: Weathered Zone drill intercepts from the Thomas Prospect (previously released results) including high-grade intervals to be followed up by MRE drilling The Pitfield Titanium Project Located within the Mid-West region of Western Australia, near the northern wheat belt town of Three Springs, the Pitfield titanium project lies 313km north of Perth and 156km southeast of Geraldton, the Mid West region's capital and major port. Western Australia is ranked as one of the top mining jurisdictions in the world according to the Fraser Institute's Investment Attractiveness Index published in 2023, and has mining-friendly policies, stable government, transparency, and advanced technology expertise. Pitfield has existing connections to port (both road & rail), HV power substations, and is nearby to natural gas pipelines as well as a green energy hydrogen fuel hub, which is under planning and development (refer Figure 2). Figure 2. Pitfield Project Location showing the Mid-West Region Infrastructure and Services Competent Person Statement The technical information in this report that relates to the Pitfield Project has been compiled by Mr Andrew Faragher, an employee of Empire Metals Australia Pty Ltd, a wholly owned subsidiary of Empire. Mr Faragher is a Member of the Australian Institute of Mining and Metallurgy. Mr Faragher has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Faragher consents to the inclusion in this release of the matters based on his information in the form and context in which it appears. Market Abuse Regulation (MAR) Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement. **ENDS** For further information please visit or contact: About Empire Metals Limited Empire Metals is an AIM-listed and OTCQB-traded exploration and resource development company (LON: EEE) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia. The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO₂ mineralisation, each being over 7km in strike length. An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2. The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside. Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit. The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria. *The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit SOURCE: Empire Metals Limited press release
