Ilika PLC, a UK solid-state battery developer, raised £4.56 million through an oversubscribed share placing to commercialize its battery technology. The funds will support two battery lines: Stereax, for medical devices like pacemakers, and Goliath, aimed at electric vehicles and defense markets. The company plans product optimization, testing, and prototype development, targeting initial revenues and licensing deals. This capital boost positions Ilika to reach key technical and commercial milestones in solid-state batteries, promising safer, longer-lasting energy storage solutions.
Rainbow Rare Earths has significantly simplified the extraction process for its phosphogypsum rare earths recovery project by controlling fluorine with silica and introducing continuous ion exchange. This breakthrough reduces capital and operating co...
Bradda Head Lithium's Whistlejacket project in Arizona is poised to become a key asset as the company prepares to begin drilling and deliver a maiden resource estimate by early 2027. Partnering with mining giant Rio Tinto, the project has attracted p...
Gold and Bitcoin have experienced significant capital outflows and increased short interest in the first half of 2026, driven by slow progress in U.S.-Iran talks and broader macroeconomic uncertainty. Gold ETFs like GLD and GDX saw short interest spi...
Dave Portnoy, founder of Barstool Sports, revealed he is down millions on his Bitcoin investment bought near $100,000 but vows to hold the asset even if it falls to zero. He admitted to repeatedly mistiming trades, selling before rallies, and now pre...
Bitcoin's capital efficiency has sharply declined, with each bull cycle requiring exponentially more money for smaller percentage gains. This cycle has seen about $697 billion in new capital generating a 689% gain, far less than earlier cycles with s...
