Tungsten

Eurobattery Minerals signs Letter of Intent to invest in a tungsten project expected to yield cashflows from 2025

Retrieved on: 
Friday, May 10, 2024

The investment will, in combination with a letter of intent with an off-taker within the Sandvik Group, enable TSJ to start delivering tungsten material to Europe in 2025.

Key Points: 
  • The investment will, in combination with a letter of intent with an off-taker within the Sandvik Group, enable TSJ to start delivering tungsten material to Europe in 2025.
  • Tungsten is a critical raw material used widely in industrial applications and in many important sectors, e.g.
  • Eurobattery Minerals intends to explore the possibility of obtaining financing for the investment, for which the parties’ collective ambition is to complete the deal in 2024.
  • The LOI gives Eurobattery Minerals exclusive rights for ninety calendar days to invest the majority stake in the Project.

DIII-D National Fusion Facility Completes Upgrade

Retrieved on: 
Wednesday, May 8, 2024

San Diego, CA, May 08, 2024 (GLOBE NEWSWIRE) -- The DIII-D National Fusion Facility has completed a series of important enhancements, providing researchers with several first-of-a-kind tools for controlling and understanding the function of fusion plasmas.

Key Points: 
  • San Diego, CA, May 08, 2024 (GLOBE NEWSWIRE) -- The DIII-D National Fusion Facility has completed a series of important enhancements, providing researchers with several first-of-a-kind tools for controlling and understanding the function of fusion plasmas.
  • The facility has been offline since July 2023 as a multi-institutional team of engineers and technicians worked to install new capabilities.
  • Together, the new technologies installed during the eight-month upgrade will play a key role in developing the scientific basis for fusion as a reliable and nearly limitless energy source.
  • When experiments restart in May, researchers will use these tools to optimize the performance of fusion plasmas and help bring practical fusion energy closer to reality.

Interview with XTC Chairman Huang Changgeng: Shaping a New Paradigm for Sino-French Green Technology Alliances

Retrieved on: 
Wednesday, May 8, 2024

Huang stated that the partnership is a testament to the robust integration of the Chinese and French battery sectors, enhancing cooperation in green technologies between the two nations.

Key Points: 
  • Huang stated that the partnership is a testament to the robust integration of the Chinese and French battery sectors, enhancing cooperation in green technologies between the two nations.
  • XTC, a publicly traded state-owned enterprise (SOE) in Fujian Province, operates across three strategic sectors: tungsten and molybdenum, rare earths, and renewable energy materials.
  • Notably, its subsidiary, XTC New Energy, achieved a milestone when it was officially listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange in August 2021.
  • Mr. Huang, speaking on the progress of XTC New Energy, described the company's trajectory as a prime example of China's commitment to modernization and green energy.

Interview with XTC Chairman Huang Changgeng: Shaping a New Paradigm for Sino-French Green Technology Alliances

Retrieved on: 
Wednesday, May 8, 2024

Huang stated that the partnership is a testament to the robust integration of the Chinese and French battery sectors, enhancing cooperation in green technologies between the two nations.

Key Points: 
  • Huang stated that the partnership is a testament to the robust integration of the Chinese and French battery sectors, enhancing cooperation in green technologies between the two nations.
  • XTC, a publicly traded state-owned enterprise (SOE) in Fujian Province, operates across three strategic sectors: tungsten and molybdenum, rare earths, and renewable energy materials.
  • Notably, its subsidiary, XTC New Energy, achieved a milestone when it was officially listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange in August 2021.
  • Mr. Huang, speaking on the progress of XTC New Energy, described the company's trajectory as a prime example of China's commitment to modernization and green energy.

GenAI Enhancements Highlight the Next Wave of Product Innovation across the Tungsten Automation Portfolio of Solutions

Retrieved on: 
Tuesday, April 23, 2024

Tungsten Automation, formerly known as Kofax and a trusted leader in Intelligent Automation software, today announced new product offerings and significant GenAI-led enhancements across its entire portfolio.

Key Points: 
  • Tungsten Automation, formerly known as Kofax and a trusted leader in Intelligent Automation software, today announced new product offerings and significant GenAI-led enhancements across its entire portfolio.
  • Banking and Financial Services: Tailored solutions enhance compliance, speed up processing, and reduce risks through secure, reliable, and proven GenAI enhancements.
  • These events will demonstrate how Tungsten Automation integrates GenAI and other advanced technologies to maximize the value delivered through our comprehensive portfolio of solutions.
  • And later this year, InvoiceAgility will incorporate our latest GenAI innovation, Copilot for Extraction, to further strengthen our offering,” said Adam Field, Senior Vice President, Product Management.

Almonty Closes Additional Tranches of Private Placement

Retrieved on: 
Saturday, April 20, 2024

Lewis Black, Mark Trachuk, Daniel D’Amato and Andrew Ryu (the “Insiders”) participated in the private placement and, as such, the private placement is considered a related party transaction within the meaning of Multilateral Instrument 61-101– Protection of Minority Security Holders in Special Transactions (“MI 61-101”).

Key Points: 
  • Lewis Black, Mark Trachuk, Daniel D’Amato and Andrew Ryu (the “Insiders”) participated in the private placement and, as such, the private placement is considered a related party transaction within the meaning of Multilateral Instrument 61-101– Protection of Minority Security Holders in Special Transactions (“MI 61-101”).
  • The Los Santos Mine was acquired by Almonty in September 2011 and is located approximately 50 kilometres from Salamanca in western Spain and produces tungsten concentrate.
  • Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events.
  • WHILE ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Ring Bear and Atlanta Braves' All-Star Austin Riley Partner to Launch Unique Line of Men's Wedding Rings

Retrieved on: 
Thursday, April 25, 2024

ATLANTA, April 25, 2024 /PRNewswire/ -- Modern men's wedding ring brand Ring Bear announces the launch of an exclusive line of rings in collaboration with Major League Baseball player, Austin Riley, All-Star third baseman for the Atlanta Braves.

Key Points: 
  • ATLANTA, April 25, 2024 /PRNewswire/ -- Modern men's wedding ring brand Ring Bear announces the launch of an exclusive line of rings in collaboration with Major League Baseball player, Austin Riley, All-Star third baseman for the Atlanta Braves.
  • Riley, a devoted father known for his love of hunting and outdoor pursuits, worked together with Ring Bear founder David Schoenfeld to infuse his passions into the collection.
  • The result is an eight-ring collection that incorporates elements such as wood and deer antler, as well as references to baseball.
  • Ring Bear stands out for its exceptional craftsmanship and commitment to sustainability – it's the first carbon-neutral brand in its market segment.

WILDBRAIN APPOINTS VETERAN ENTERTAINMENT AND SECURITIES LAWYER MARK TRACHUK AS GENERAL COUNSEL

Retrieved on: 
Monday, April 22, 2024

Former eOne General Counsel brings more than 35 years of experience in corporate and securities law, strategic negotiations and governance for public companies

Key Points: 
  • Former eOne General Counsel brings more than 35 years of experience in corporate and securities law, strategic negotiations and governance for public companies
    TORONTO, April 22, 2024 /PRNewswire/ - WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, has appointed leading entertainment and securities lawyer Mark Trachuk to the role of General Counsel.
  • Trachuk brings more than 35 years of experience working as legal counsel and as a director for various public companies, with a key focus on the media and entertainment industry.
  • Prior to WildBrain, Trachuk served as counsel at Norton Rose Fulbright, a leading global law firm, where he practiced corporate and securities law with an emphasis on mergers, acquisitions, strategic alliances and corporate governance.
  • Trachuk is called to the bar in Ontario and British Columbia and is a qualified solicitor in England and Wales.

White Gold Corp. Identifies Multiple Prospective IP Chargeability Anomalies on Two Large Multi-Element Porphyry Targets in Close Proximity to the Casino Copper-Gold Porphyry Deposit, Yukon, Canada

Retrieved on: 
Wednesday, March 27, 2024

All data collected thus far on these large early-stage targets continue to support a porphyry deposit model.

Key Points: 
  • All data collected thus far on these large early-stage targets continue to support a porphyry deposit model.
  • The new IP looked deeper than any previous geophysical surveys and demonstrates potential at depth beneath these large multi-element soil anomalies.
  • It’s now recommended to follow up with more IP survey lines to cover this large developing porphyry target.
  • The Bridget and Isaac targets represent large, early-stage, multi-element porphyry targets that have never been diamond drill tested.

Almonty Industries Inc. - Placement of Common Share Units and CDI’s raises C$1.47 million1 with Further Commitments of C$1.178 million for acceleration of Tungsten downstream planning and Molybdenum reserves conversion.

Retrieved on: 
Saturday, March 23, 2024

Proceeds from the Placement will be applied towards general working capital, including accelerating the downstream project planning and further investigation of the Moly due to increasing interest in the material domestically.

Key Points: 
  • Proceeds from the Placement will be applied towards general working capital, including accelerating the downstream project planning and further investigation of the Moly due to increasing interest in the material domestically.
  • The Placement Units and Placement CDI’s issued will rank equally with existing CDI’s and Common Shares on issue.
  • The closing of the CDI Placement is subject to receipt of all necessary regulatory approvals, including the acceptance by the TSX and ASX.
  • READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD- LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE.