LOHUM, ReElement, and American Metals Collaborate to Establish Integrated Li-Ion Battery Materials Processing Facility with Over $30M Investment
American Resources Corporation (NASDAQ: AREC) is making headlines with a transformative partnership aimed at shaping the future of battery recycling in the United States. In an ambitious collaboration, India’s LOHUM Cleantech has signed a Memorandum of Understanding (MOU) with ReElement Technologies and American Metals to establish the nation’s first fully integrated facility dedicated to battery […]
Brent Crude Prices Drop Back to $75 a Barrel Amid Renewed Concerns Over Demand
Brent crude oil prices fell by 4% due to concerns about weakening demand from China. The disruption in Libyan oil production has had a limited impact on prices so far, but the situation remains uncertain and could cap further downside. OPEC+ plans to increase oil supply in October, which could further pressure prices. Most Read: […]
3 Resource Stocks Set to Benefit from Global Supply Shortages
Source: corlaffra / Shutterstock The CEO of NextEra (NYSE:NEE) recently stated that the demand for renewable energy will triple over the next seven years. Moreover, he forecasts that the overall demand for electricity will increase four times more quickly in the next 20 years compared to the previous 20 years. The CEO also expects batteries […]
ChatGPT maker’s CTO Mira Murati is departing from OpenAI
OpenAI CTO Mira Murati is leaving the ChatGPT maker OpenAI chief technology officer Mira Murati announced her resignation on Wednesday, a surprise change at the top of the influential AI company as it seeks to raise billions in new funding and undergoes a tumultuous transformation that has seen much of the old guard depart. Murati, […]
2 Resilient Dividend Stocks to Consider During a Stock Market Dip
These dividend players could lift your portfolio no matter what the market is doing. The stock market is going strong, with the S&P 500 index heading for a 19% gain so far in 2024, confirming its presence in a much-awaited bull market. These periods of market growth and optimism generally last longer than bear markets, […]
EU and Allies Aim to Reinforce Price Cap on Russian Oil, Says EU Commission – Euractiv
EU, allies look to strengthen Russian oil price cap, EU Commission says – Euractiv The European Union and 12 partner countries have met in Brussels to discuss the effectiveness of Western sanctions on Russia and ways to strengthen the G7 price cap on Russian oil, the EU Commission said on Tuesday (24 September). The Group […]
A Canadian Stock Fund Manager Monitoring Closely…
Ryan Grant, comanager of RBC Vision Canadian Equity, is a bottom-up stock-picker who focuses on individual company attributes, but he’s also keeping a sharp eye on the Canadian job market right now. Even as the Bank of Canada lowers interest rates, the economy is still feeling the impact of its big rate hikes. Recently released […]
American Battery Secures $150 Million for New Lithium-Ion Recycling Facility
American Battery Technology Company (ABTC), a prominent player in the sustainable battery sector, has recently secured a $150 million grant from the U.S. Department of Energy (DOE) to establish its second lithium-ion battery recycling facility. This initiative, aimed at processing approximately 100,000 tonnes of materials annually, aligns with the national goal of enhancing the supply […]
China Cuts Interest Rates: PBoC’s Stimulus Package Welcomed by Markets
The People’s Bank of China (PBoC) has unveiled a stimulus package aimed at boosting economic growth. Key measures include a cut in the 7-day repo rate, a reduction in the required reserve ratio (RRR), and support for the mortgage market and property sector. Asian and European stock markets have reacted positively to the stimulus as […]
Kerry Issues Harsh Critique of Climate Action: “Is There a Letter Beyond Z?” | New York
Kerry gives scathing rating on climate action: ‘Is there a letter underneath Z?’ | New York Countries are ignoring commitments they made less than a year ago to shift away from fossil fuels and to provide aid to those most vulnerable to the climate crisis, a host of leading figures have admitted during a gloomy […]