PMET Resources has completed a concept study for processing spodumene concentrate into battery-grade lithium carbonate directly at its Shaakichiuwaanaan site in Quebec, using Primero's ALi® atmospheric leach process. This method offers economic benefits, reduces logistics costs, and aligns with Canadian sustainability goals by leveraging Quebec's renewable hydroelectric power to lower carbon emissions. Bench-scale tests produced 99.8% pure lithium carbonate, indicating potential for a lower-cost, low-carbon supply chain. Next steps include further testwork and a preliminary economic assessment to explore integrating this value-added processing into the project's development plan beyond the current spodumene concentrate operation.
Philip Morris is showing strong growth with 43% of its sales now from smoke-free products like IQOS, ZYN, and VEEV, which are growing rapidly in some regions. This growth supports management's target of 10% annual adjusted EPS growth over three years...
Philip Morris International reported strong first-quarter 2026 results, with earnings per share of $1.96 and a 9% year-over-year revenue increase, primarily driven by growth in smoke-free products like IQOS and ZYN. However, this growth is offset by ...
