The US Department of Energy awarded $500 million to seven battery-related companies to reduce reliance on China, which dominates the electric vehicle battery supply chain. These grants target critical areas like mineral refining and battery component manufacturing where China holds a strong position. Despite this funding, experts say the US faces a long road to catch up due to China's scale and investment, especially after the Trump administration cut other EV incentives. The effort is seen as a necessary step to boost domestic battery production and compete globally in the growing EV market.
The US-Canada trade conflict escalated as President Trump threatened to ban Canadian airplane maker Bombardier from selling in the US, citing unfair trade practices. Canada responded with retaliatory tariffs on $20 billion of US goods, including stee...
1606 Corp. has signed a non-binding Letter of Intent (LOI) with EthosEnergy O&M to manage operations and maintenance of its planned 55 MW power facility in Lufkin, Texas, aimed at supporting data centers and AI applications. EthosEnergy O&M brings ex...
abrdn Global Infrastructure Income Fund (ASGI) maintains a Hold rating due to challenges in the utility and industrial sectors causing a decline in its net asset value (NAV). The fund offers a well-covered 12% yield, but distribution coverage may wea...
Adia Med has verified it has 361 round-lot shareholders, exceeding Nasdaq Capital Market's minimum requirement of 300 for an initial listing. This milestone is part of Adia Med's ongoing efforts to meet Nasdaq's listing standards, though other criter...
Québec Innovative Materials Corp. (QIMC) has started two large-scale, non-invasive 2D seismic surveys totaling about 78 line-kilometres to explore natural hydrogen in Québec and Nova Scotia. The 36 km survey in Québec is in partnership with the Témis...
