Sovereign Metals reported progress on its Kasiya project in Malawi, aiming to supply titanium feedstock, graphite, and heavy rare earths to the US and allied countries. The project shows strong economics with a pre-tax NPV of US$2.2 billion and a 23% IRR, requiring US$727 million capital expenditure to first production. Annual production is expected to include 222,000 tonnes of natural rutile and 275,000 tonnes of natural flake graphite. Sovereign is moving towards finalizing offtake agreements and is exploring additional revenue from monazite in tailings, while advancing its mining license and financing plans.
XRP price rose to $1.43, up 3.13% in 24 hours, with strong trading volume of $3.41 billion. Analysts highlight an inverse head-and-shoulders pattern forming, targeting a breakout above $1.55 that could trigger a 35% rally toward $2. Large holders hav...
Oracle's capital spending on AI infrastructure has surged, causing free cash flow to turn sharply negative and shifting funding reliance from internal cash to debt. This shift raises the cost of capital and pressures investment returns, evidenced by ...
Injective's Meridian mainnet upgrade proposal (IIP-701) passed with 99% support from INJ stakers, marking a major step for institutional adoption. The upgrade, scheduled for September 24, 2026, introduces regulated token standards on Injective's EVM,...
President Trump will host Chinese President Xi Jinping at the White House to discuss key issues including trade, tariffs, Taiwan, AI, and rare-earth exports. The talks come amid concerns that failure to extend a rare-earth export ban truce could esca...
Ethereum has regained the $2,500 price level amid a significant 28% drop in ETH held on exchanges since May 2025, reducing the liquid supply available for trading. Increased staking, now at over 35%, further removes ETH from circulation, tightening s...
