Lithium

Altius Commits to $21 Million Investment in ARR

Retrieved on: 
Thursday, December 1, 2022

ARR also announced that its 50% held Great Bay Renewables II (Great Bay) joint venture has completed a US$46 million royalty investment in support of Longroad Energys (Longroad) acquisition of the 70 MWac Titan Solar project in California.

Key Points: 
  • ARR also announced that its 50% held Great Bay Renewables II (Great Bay) joint venture has completed a US$46 million royalty investment in support of Longroad Energys (Longroad) acquisition of the 70 MWac Titan Solar project in California.
  • With this participation Altius will maintain its 59% ownership in ARR.
  • John Baker, Executive Chairman of Altius commented In a short timeframe, ARRs Great Bay joint venture has deployed almost US$300 million into the rapidly expanding US renewable energy sector.
  • ARR is a renewable energy royalty company whose business is to provide long-term, royalty-level investment capital to renewable power developers, operators, and originators.

Purebase and Fortera Sign Term Sheet to Build Commercial Plant

Retrieved on: 
Thursday, December 1, 2022

IONE, CA, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Purebase Corporation (OTCPK: PUBC), (Purebase) a diversified resource company, headquartered in Ione, California, is in discussions with Fortera Corporation (Fortera), a Silicon Valley-based materials technology company, regarding the proposed terms of a commercial plant agreement.

Key Points: 
  • IONE, CA, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Purebase Corporation (OTCPK: PUBC), (Purebase) a diversified resource company, headquartered in Ione, California, is in discussions with Fortera Corporation (Fortera), a Silicon Valley-based materials technology company, regarding the proposed terms of a commercial plant agreement.
  • Purebase and Fortera recently entered into a non-binding term sheet and are working towards a definitive agreement that sets forth the terms of a collaboration to design, construct and operate a commercial facility at Purebases headquarters in Ione, California.
  • Fortera is the owner of know-how and intellectual property related to its ReCarb process for the production of calcium carbonate cements.
  • We believe that a strategic partnership with Fortera would put Purebase on a fast-track to bring a lower carbon product to market, said Scott Dockter, Chairman and CEO of Purebase.

Ailie MacAdam elected to Bechtel Group Inc. Board of Directors

Retrieved on: 
Thursday, December 1, 2022

RESTON, Va., Dec. 1, 2022 /PRNewswire/ -- Bechtel announced today that Ailie MacAdam , president of Bechtel's Mining and Metals business, has been elected to the Bechtel Group Inc. Board of Directors.

Key Points: 
  • RESTON, Va., Dec. 1, 2022 /PRNewswire/ -- Bechtel announced today that Ailie MacAdam , president of Bechtel's Mining and Metals business, has been elected to the Bechtel Group Inc. Board of Directors.
  • Ailie has been with the company 37 years, serving in leadership and operational roles across industries and geographies.
  • "I look forward to contributing to the Board and working to build on Bechtel's long track record of leadership and success."
  • Since 2020, Ailie has been serving as the president of Bechtel's Mining and Metals (M&M) business, with responsibility for all aspects of M&M's worldwide portfolio.

REPORT on the proposal for a Council regulation on the application of Articles 93, 107 and 108 of the Treaty on the Functioning of the European Union to certain categories of State aid in the rail, inland waterway and multimodal transport sector - A9[...]

Retrieved on: 
Thursday, December 1, 2022

Calls on the Council to notify Parliament if it intends to depart from the text approved by Parliament;

Key Points: 
  • Calls on the Council to notify Parliament if it intends to depart from the text approved by Parliament;
    3.
  • Asks the Council to consult Parliament again if it intends to substantially amend the text approved by Parliament;
    4.
  • Instructs its President to forward its position to the Council and the Commission.
  • The proposal for Council Regulation (EU) No 327/2022[1] enables the European Commission to exempt from prior notification under EU State aid rules certain types of aid for rail, inland waterway and multimodal transport, with the objective of promoting green transport.
  • Since State aid for rail, inland waterway and multimodal transport falls under Article 93 TFEU, which constitutes a lex specialis relative to Article 107(2) and (3) TFEU, a specific enabling Council regulation for rail, inland waterway and multimodal transport seems justified (Transport Enabling Regulation).
  • Therefore, the proposed Transport Enabling Regulation allows the Commission to adopt block exemption regulations for aid to rail and inland waterway transport and to multimodal transport with the objective of promoting green transport.
  • It was adopted by the European Commission on 6 July 2022, in the context of the revision of the State aid Railway Guidelines.

India Electric Vehicle Market Report 2022: Tata Motors with its Strong Presence Dominates in Passenger Car Segment in LCV, Mahindra & Mahindra has Largest Share

Retrieved on: 
Thursday, December 1, 2022

In PHEV, electric vehicles can use battery-powered motors and IC engines independently to run the vehicle.

Key Points: 
  • In PHEV, electric vehicles can use battery-powered motors and IC engines independently to run the vehicle.
  • The demand for electric vehicles is increasing rapidly, owing to the increasing shift towards advanced technology and multiple government initiatives in India.
  • The two-wheeler segment holds the dominance in the electric vehicle market as many youngsters opt for electric two-wheelers for their daily needs and city ride.
  • Tata motors limited with its strong presence dominates in passenger car segment.

23andMe Survey Shows Majority of People Less Stressed About Their Health During This Holiday Season

Retrieved on: 
Thursday, December 1, 2022

SUNNYVALE, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (Nasdaq: ME) (“23andMe”), a leading human genetics and biopharmaceutical company with a mission to help people access, understand, and benefit from the human genome, today reported survey results on how US adults are feeling about their health this holiday season. According to the survey*, most people in the US report feeling less stressed or anxious about their health this year compared to earlier in the pandemic, and many have returned to their traditional holiday celebrations.

Key Points: 
  • According to the survey*, most people in the US report feeling less stressed or anxious about their health this year compared to earlier in the pandemic, and many have returned to their traditional holiday celebrations.
  • In this third holiday under the shadow of COVID-19, people appear to have adjusted to the new normal and are more optimistic about their health.
  • However, most people are still concerned about their overall health, with 77 percent of those surveyed indicating they still feel some sort of negativity around their health.
  • Respondents for this survey were selected from people who take surveys on the SurveyMonkey platform each day.

The Bancorp Releases Environmental, Social, and Governance (ESG) Report

Retrieved on: 
Thursday, December 1, 2022

The Bancorp, Inc. (NASDAQ: TBBK) and its subsidiaries, including but not limited to The Bancorp Bank, N.A.

Key Points: 
  • The Bancorp, Inc. (NASDAQ: TBBK) and its subsidiaries, including but not limited to The Bancorp Bank, N.A.
  • (Bank), released its inaugural ESG Report discussing its commitment to corporate responsibility by promoting good stewardship through continuous, sustainable, and values-based growth.
  • To learn more about The Bancorps ESG effort, visit https://www.thebancorp.com/ or read the full 2021 ESG Report .
  • The Bancorp Inc., (NASDAQ: TBBK), through its subsidiary, The Bancorp Bank, N.A., provides non-bank financial companies with the people, processes, and technology to meet their unique banking needs.

US Public Companies Take Action to Prepare for Enhanced Sustainability Disclosures

Retrieved on: 
Thursday, December 1, 2022

NEW YORK, Dec. 1, 2022 /PRNewswire/ --

Key Points: 
  • While most companies are taking meaningful steps toward enhancing sustainability disclosures, challenges remain.
  • Companies are moving from commitment to action in their sustainability reporting to address evolving stakeholder expectations.
  • Companies are internally shifting focus to prioritize ESG oversight, controls, and disclosure to prepare for increasing demand for high quality sustainability disclosures.
  • While companies are at various stages on their sustainability journey, they must drive accountability today for a sustainable tomorrow."

ISN Releases 2022 Environmental, Social & Governance White Paper

Retrieved on: 
Thursday, December 1, 2022

DALLAS, Dec. 1, 2022 /PRNewswire-PRWeb/ -- ISN®, the global leader in contractor and supplier management services, announced the release of its 2022 Environmental, Social & Governance (ESG) White Paper. Today, organizations' value chains are under more scrutiny than ever before from regulators, consumers and investors with an interest in sustainability and social responsibility. This has resulted in increased demand to disclose and improve the impact of business operations, from production to delivery. In this White Paper, ISN leveraged data available in ISNetworld® from more than 22,000 organizations across 30 different industries, including construction, transportation, warehousing, manufacturing and mining, to analyze contractor and supplier information pertaining to ESG.

Key Points: 
  • DALLAS, Dec. 1, 2022 /PRNewswire-PRWeb/ -- ISN , the global leader in contractor and supplier management services, announced the release of its 2022 Environmental, Social & Governance (ESG) White Paper.
  • In this White Paper, ISN leveraged data available in ISNetworld from more than 22,000 organizations across 30 different industries, including construction, transportation, warehousing, manufacturing and mining, to analyze contractor and supplier information pertaining to ESG.
  • Highlights from the 2022 ESG White Paper include:
    Environmental More than half (53%) of the companies measured have implemented an Environmental Management System (EMS) to help continuously improve their environmental performance.
  • Leveraging insights from our 2022 ESG White Paper, companies can identify risk areas and opportunities to help meet their ESG goals."

American Lithium Reports Large Increase in Lithium Resources at TLC - Measured LCE Resource Increases 25%; Indicated LCE Resource Increases 129%

Retrieved on: 
Thursday, December 1, 2022

The geologic model used for reporting of lithium resources was developed using Hexagon Minings geological modelling and mine planning software, MinePlan version 16.0.4.

Key Points: 
  • The geologic model used for reporting of lithium resources was developed using Hexagon Minings geological modelling and mine planning software, MinePlan version 16.0.4.
  • A significant new addition to the resource is the recognition of an additional lithium clay resource below a tuffaceous marker horizon.
  • Processing of the mineralized material would be onsite extracting lithium from claystone using an acid digestion method.
  • American Lithium has no assurance that the outcome of these appeals will be in the Companys favour.