The European Commission has chosen Neo Performance Materials' Silmet 2.0 as one of 46 Strategic Projects under the EU's Critical Raw Materials Act, recognizing its importance in rare earth processing. Greenland Mines, a key shareholder in Neo, sees this as a boost to its Sarfartoq rare earth project in Greenland, which could supply raw materials to Silmet's European facility. This partnership supports Europe's goal to secure diversified and geopolitically aligned critical mineral supply chains. Greenland Mines aims to advance its projects responsibly, linking Greenlandic resources with Western markets amid growing US-EU cooperation on critical minerals.
Greenland Mines and Neo Performance Materials' Silmet 2.0 project is highlighted in the EU's Critical Raw Materials Act. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Oct 12, 2026 16:11 WIB: out of 62 priced US stocks, 18 rose and 34 fell. ICL was priced at USD 4.97 with a 1-day change of -1.00%, AG at USD 17.11 with -0.98%, and IAG at USD 18.98 with +0.96%.
Rezolve AI announced that Arthur Yao, their Group CFO, will participate in the Consumer & Lifestyle Panel at the Maxim Growth Summit 2026 on October 13. The panel will focus on the rise of agentic commerce and its effects on consumer and lifestyle se...
STMicroelectronics repurchased 346,538 of its ordinary shares on Euronext Paris between October 5 and 9, 2026, spending about €17 million at an average price of €49.24 per share. This buyback, representing 0.04% of its issued share capital, aims to f...
Freshworks Inc. has signed an agreement to acquire Torii, a leader in SaaS and AI spend management, to extend its Freshservice platform. This acquisition aims to provide IT teams with comprehensive visibility and control over software and AI usage, c...
This week, five major U.S. banks—JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, and Morgan Stanley—are set to release their third-quarter earnings. The reports come amid a challenging market environment where bank shares have declined due to ...
Nano Labs Ltd announced its 2026 Annual General Meeting on November 24, 2026, in Hangzhou, China. The meeting will seek shareholder approval for a share consolidation (10-to-1), re-designation of shares into Class A and B, and a conditional share sub...
