American Resources Corp has transitioned from coal to rare earth minerals, improving its financial health by moving from negative to positive shareholder equity through asset divestitures and spinning off ReElement Technologies. The company retains a 17% stake in ReElement, a refining platform producing rare earth elements competitively. Its strategy targets ownership in low-cost mining operations in Southeast Asia and Africa, focusing on scarce elements like germanium and yttrium. With over $72.5 million in cash and no immediate fundraising needs, American Resources aims to diversify supply chains and reduce geopolitical risks, positioning itself as a key player in the global critical minerals market.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
