EnergyX and Compass Minerals have agreed to develop a commercial-scale direct lithium extraction (DLE) and refinery plant near Utah's Great Salt Lake, named Project Powder Hound™. EnergyX will invest approximately $400 million to build the facility in two phases, targeting 30,000 tons per annum of lithium production without increasing water withdrawal from the lake. The project leverages EnergyX's proprietary GET-Lit™ technology and existing infrastructure from Compass Minerals, aiming to create nearly 200 jobs and strengthen the U.S. domestic lithium supply chain. Final agreements are pending regulatory approvals and due diligence, marking a significant step toward sustainable lithium production for battery demand.
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
CHARBONE Corporation has increased its helium delivery fleet from one to five units to meet rising demand caused by global helium supply disruptions, notably from Qatar. This expansion supports North American customers in sectors like semiconductors ...
Citi has started coverage of Hikma Pharmaceuticals with a 'buy' rating and a £17 price target, highlighting the company's strategic shift towards differentiated products and US manufacturing investments. The broker sees a 14% potential share price re...
Xenon Pharmaceuticals is evolving into a late-stage, cash-rich neuroscience company with a validated Kv7 potassium channel platform. Its lead drug candidate, azetukalner, has shown strong effectiveness in treating refractory focal onset seizures and ...
