Rainbow Rare Earths Ltd is exploring a listing on a US stock exchange to strengthen its position in western rare earth supply chains and attract North American investors. This move is driven by its potential as a near-term supplier of critical raw materials, US government support including a $50 million financing option, and partnerships like the one with The Mosaic Company in Brazil. The company also noted strong investor interest from the US, highlighted by a recent private placement predominantly backed by US investors. Rainbow aims to deliver a Definitive Feasibility Study for its Phalaborwa project in South Africa in 2026 and will soon start a Pre-Feasibility Study at its Uberaba project in Brazil.
The U.S. Bankruptcy Court for the Central District of California confirmed the Plan of Liquidation for Oceanwide Plaza LLC, enabling the $470 million sale of the stalled Downtown Los Angeles development to KPC Square, a joint venture between KPC Grou...
Escalating conflict between the U.S. and Iran has kept oil prices elevated, raising concerns about a fresh energy shock that could increase global headline inflation by about 0.8 percentage points, according to BlackRock. Regions like Europe and part...
General Motors will report its second-quarter earnings before the market opens, with analysts expecting adjusted earnings per share of $3.20 and revenue of $47.01 billion. This would represent a 26% increase in earnings per share but a slight 0.2% de...
Bitcoin long-term holders have decreased their selling losses to about 6%, improving from a previous 27% loss, signaling less panic in the market. Despite this, Bitcoin has yet to show strong bullish momentum as rising oil prices and inflation concer...
Bombardier announced that its Global 8000 business jet has received an Environmental Product Declaration (EPD), joining other models like the Challenger 650 and Global 7500. This makes Bombardier the only business jet maker to publicly disclose the f...
