Global Derivatives Exchange to Introduce Spodumene Futures Contract
The CME Group, a prominent player in the global derivatives marketplace, has announced its plans to enhance its offerings in battery metals by introducing a Spodumene CIF China Futures contract scheduled for launch on October 28, 2024, pending regulatory approval. This move comes in response to rising trading activity in the battery metals sector, driven […]
Alaska Energy Metals Completes Inaugural Diamond Core
Alaska Energy Metals Corporation (AEMC) announced the successful completion of its drilling program at the Canwell prospects within the Nikolai Project in Alaska. The program included three drill holes totaling 1,048 meters, with two reaching planned depths. Core samples are at SGS Burnaby labs for analysis, with results expected this quarter. The company also conducted […]
E&P Highlights: October 2024
E&P Notes: October 2024 Talos Announces Plans in Gulf of Mexico Talos Energy discovered oil and natural gas at its Ewing Bank 953 well in the US Gulf of Mexico (GOM). The well found 127 ft of net pay at 19,000‑ft depth, with estimated recoverable resources of 15 to 25 million BOE and expected production […]
3 EV Charging Stocks to Consider Buying During the Dip: July 2024
The many pundits who prognosticated that electric vehicle sales would tumble in the U.S. alongside EV charging stocks, appear to have been, in line with my previous predictions, very much mistaken. That’s because, last quarter, the number of EV sales jumped 11.3% versus the same period a year earlier to a record total of 330,463, […]
Weekly Market Outlook: Will NFP Jobs Data Deter a 50bps Fed Rate Cut?
US PCE data keeps Fed rate cut hopes alive as inflation moves towards 2% target. Commodity prices fluctuate on geopolitical fears and OPEC+ production plans. US jobs data release is key market-moving event in the week ahead, with potential to impact Fed rate cut decisions. Read More: Bitcoin Price Analysis: Key Support Levels and Market […]
Compensation Strategies at Major Oil and Gas Firms Fall Short in…
1. Only around 3% of CEO compensation is linked to the achievement of climate-related targets at the largest US oil and gas companies. 2. The climate targets indicated in their compensation packages are typically weak or ambiguous. 3. Despite companies’ often bold-sounding declarations, boards are not meaningfully giving senior leaders incentive to align their strategies […]
LOHUM, ReElement, and American Metals Collaborate to Establish a Unified Lithium-Ion Battery Materials Processing Facility
Innovating Battery Recycling: LOHUM, ReElement, and American Metals Unite for a Sustainable Future A groundbreaking initiative in the realm of battery materials processing is set to take shape, marked by a $30 million initial investment in a state-of-the-art facility poised to revolutionize the lithium-ion battery lifecycle. In a significant move towards sustainable resource management, LOHUM […]
What You Need to Know This Week
Stocks drifted higher over the past week, with the S&P 500 (^GSPC) notching several record closes as investors digested more signs of cooling inflation amid resilient economic growth data. For the week, the S&P 500 and Dow Jones Industrial Average (^DJI) were up about 0.7%. Meanwhile, the Nasdaq Composite (^IXIC) popped nearly 1%. In the […]
Gold Stocks Climb Higher – MINING.COM
With great performance like that over this past year, you’d think gold stocks would be growing popular. But they really aren’t. Mainstream investors still aren’t the least-bit interested in chasing this sector’s strong upside momentum. They’re still enamored with the AI stock bubble, which continues to steal all the market limelight. And contrarian investors like […]
Mark Cuban cautions that U.S. must secure victory in AI race ‘or face dire consequences’
Mark Cuban warns U.S. must win AI race ‘or we lose everything’ Billionaire investor Mark Cuban warned the stakes couldn’t be higher for the U.S. in the global competition for leadership in artificial intelligence. In an interview on CNBC Thursday, he was asked if the federal government’s prioritization of certain investments as part of an […]