Rare-earth element

EQS-News: Vitesco Technologies starts with solid quarterly results into fiscal year 2024

Retrieved on: 
Friday, May 10, 2024

Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, published its first quarter 2024 results today.

Key Points: 
  • Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, published its first quarter 2024 results today.
  • “Given the persistently challenging market environment, Vitesco Technologies’ first quarter was solid,” says CEO Andreas Wolf.
  • Vitesco Technologies had a solid balance sheet as of March 31, 2024 with an equity ratio of 37.8 percent (March 31, 2023: 39.1 percent).
  • In the first quarter of 2024, Vitesco Technologies’ order intake came in at €708 million, with electrification components accounting for €282 million.

Appia Announces Preliminary Desorption Results and Confirms Ionic Adsorption Clay Rare Earth Mineralization in Brazil

Retrieved on: 
Monday, May 6, 2024

Toronto, Ontario--(Newsfile Corp. - May 6, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the confirmation of the presence of Ionic Adsorption Clay (IAC) rare earth elements (REE) at the PCH project.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - May 6, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the confirmation of the presence of Ionic Adsorption Clay (IAC) rare earth elements (REE) at the PCH project.
  • The desorbable Magnet and Heavy Rare Earth recoveries achieved in these initial desorption tests confirm high-grade ionic adsorption clay characteristics which compare very favourably to commercially viable operations in China and globally.
  • Appia is confident that the expansion of our exploration efforts across the PCH project area will uncover many new targets exhibiting this same IAC profile and desorbability."
  • Samples selected from the different geological frameworks, and at distinctive grades, has led to the characterization of two REE mineralization styles.

REE Automotive Continues to Expand Full by-Wire EV Offering at ACT Expo 2024

Retrieved on: 
Wednesday, May 8, 2024

LAS VEGAS, May 08, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will attend ACT Expo 2024 in Las Vegas May 20-23, 2024. For the first time, the company will showcase its software-driven, clean sheet approach to modular electric vehicles (EVs) including the revolutionary REEcorner®, the P7-S stripped chassis, and a full vehicle built on the P7-C chassis cab with a bespoke upfit. ACT Expo attendees will see firsthand the wide range of application potential through three different variations of REE’s groundbreaking technology and will be able to get behind the wheel of the P7-C electric truck for a ride and drive experiencing firsthand the advantages of the REEcorner® full by wire technology.

Key Points: 
  • LAS VEGAS, May 08, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will attend ACT Expo 2024 in Las Vegas May 20-23, 2024.
  • “At our core, we are an automotive technology company shaking up the industry with our disruptive x-by-wire technology,” said Daniel Barel, CEO and co-founder of REE Automotive.
  • “By showcasing our REEcorner, stripped chassis and full vehicle solution, we are able to properly demonstrate our mantra of ‘complete not compete’.
  • To learn more about REE Automotive’s patented technology and unique value proposition that position the company to break new ground in e-mobility, visit www.ree.auto .

Rugby Provides Exploration Update on its Gold-Silver Projects in  Santa Cruz Province, Argentina

Retrieved on: 
Tuesday, May 7, 2024

The Chon Aike epithermal vein systems are characterized by complex fault systems, some of which are highly mineralized.

Key Points: 
  • The Chon Aike epithermal vein systems are characterized by complex fault systems, some of which are highly mineralized.
  • In the Zanjon area the prospective volcanics are covered by young, flat-lying sediments with an estimated 30-40 metres (“m”) thickness.
  • Magnetics have proven highly effective in mapping Deseado Massif fault systems, with the Zanjon area being no exception.
  • The El Zanjon and Venidero Projects are located in Santa Cruz Province and within the Deseado Massif gold and silver district.

Reneo Pharmaceuticals Reports First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, May 7, 2024

IRVINE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Reneo Pharmaceuticals, Inc. (Nasdaq: RPHM), a pharmaceutical company historically focused on the development and commercialization of therapies for patients with rare genetic mitochondrial diseases, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • IRVINE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Reneo Pharmaceuticals, Inc. (Nasdaq: RPHM), a pharmaceutical company historically focused on the development and commercialization of therapies for patients with rare genetic mitochondrial diseases, today reported financial results for the first quarter ended March 31, 2024.
  • We had $82.8 million in cash, cash equivalents, and short-term investments as of March 31, 2024.
  • Research and development expenses were $4.9 million during the first quarter of 2024, compared to $11.0 million for the same period in 2023.
  • General and administrative expenses were $4.6 million during the first quarter of 2024, compared to $5.1 million for the same period in 2023.

Greenridge Exploration Announces 2024 Work Program for its Weyman Copper Project

Retrieved on: 
Tuesday, May 7, 2024

VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has outlined its 2024 Work Program (the “Program”) for its Weyman Project (the “Weyman Project” or the “Project”) located in Southeastern British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has outlined its 2024 Work Program (the “Program”) for its Weyman Project (the “Weyman Project” or the “Project”) located in Southeastern British Columbia.
  • Russell Starr, Chief Executive Officer of the Company, commented, “The 2024 work program marks a pivotal moment for the Weyman Project, underlining our commitment to this asset’s significance.
  • The Weyman Project is an early-stage exploration property over which mostly preliminary programs have been conducted.
  • In 2014, HPX Quesenellia Holdings Inc. conducted a reconnaissance total metal ion soil survey centered west of the Weyman Project area.

Progress on share buyback programme

Retrieved on: 
Tuesday, May 7, 2024

The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.

Key Points: 
  • The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
  • ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
  • ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
  • Sustainability is an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks.

Independent Studies Further Validate the American Rare Earths’ (ARR) Halleck Creek Project

Retrieved on: 
Monday, May 6, 2024

DENVER, May 06, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) (“ARR” or the “Company”) is pleased to announce results from a metallurgical study on leaching extraction of REE from Halleck Creek ore by low temperature, direct acid leaching. The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (“EERE”) awarded a three-year (2022-2025) research contract to Phinix, LLC with American Rare Earth and Virginia Tech as team members. This metallurgical study was carried out by researchers at the Department of Mining and Minerals Engineering at Virginia Tech. These positive results further confirm the findings of the metallurgical testwork carried out by Wood PLC1 which were previously announced by ARR.

Key Points: 
  • Fast leaching kinetics are attributable to Halleck Creek metamict allanite structure, with 65% of REEs extracted in the first 10 minutes of leaching.
  • Halleck Creek ore is less refractory than monazite or bastnaesite, which cannot be leached using low-temperature acid tank leaching.
  • Green and Smart Mining Engineering - (Xiao and Zhang, 2024)
    High-grade rare-earth enriched Halleck Creek ore highlights its economic potential.
  • Donald Swartz, Chief Executive Officer of American Rare Earths commented:
    “We’re extremely pleased with the leaching results which further validate the recent scoping study assumptions and our optimism around the project.

Trailbreaker Resources Receives Exploration Permit for Swan Target at Atsutla Gold Project

Retrieved on: 
Monday, May 6, 2024

VANCOUVER, British Columbia, May 06, 2024 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce it has received a multi-year area-based exploration permit for the Swan target at the Atsutla Gold Project in northern British Columbia (BC).

Key Points: 
  • VANCOUVER, British Columbia, May 06, 2024 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce it has received a multi-year area-based exploration permit for the Swan target at the Atsutla Gold Project in northern British Columbia (BC).
  • The permit will allow Trailbreaker to conduct advanced exploration at the Swan target, including geophysical surveying and future diamond drilling, in order to better define the mineralization system.
  • “Receiving our exploration permit for Swan is a big step toward advancing the Atsutla Gold Project.
  • We now have the capability to be more aggressive with our exploration efforts in order to advance the Swan target.” – Daithi Mac Gearailt
    The Swan target is located in the eastern Atsutla Gold Property area, in northern BC.

Bioceres Crop Solutions Announces Brazil’s Approval of New Generation Bio-Insecticide

Retrieved on: 
Tuesday, May 7, 2024

Bioceres Crop Solutions Corp. (NASDAQ: BIOX), announced today the approval by Brazil’s Ministry of Agriculture and Livestock (MAPA- Ministério da Agricultura e Pecuária) of three new bio-insecticidal/bio-nematicidal solutions derived from inactivated cells of the company’s proprietary Burkholderia platform.

Key Points: 
  • Bioceres Crop Solutions Corp. (NASDAQ: BIOX), announced today the approval by Brazil’s Ministry of Agriculture and Livestock (MAPA- Ministério da Agricultura e Pecuária) of three new bio-insecticidal/bio-nematicidal solutions derived from inactivated cells of the company’s proprietary Burkholderia platform.
  • The approval represents a significant regulatory milestone in the Brazilian market, marking the first endorsement of biological products formulated from fully inactivated microorganisms.
  • This approval enables the commercialization of Burkholderia-derived products in the country and opens the door for future related product launches.
  • Bioceres’ bio-control solutions are commercialized in Brazil under the Rizobacter brand, as well as other brands used by third party licensees.