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Brossard (Québec), le 18 septembre 2025 – TheNewswire CORPORATION CHARBONE HYDROGÈNE (TSXV: CH,OTC:CHHYF , OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une compagnie spécialisée dans la production et la distribution d’hydrogène vert, est heureuse d’annoncer la signature de débentures convertibles de remplacement d’un montant de 2 050 000 $ (l’ « Débentures de remplacement » ) en modifiant certaines modalités des débentures convertibles garanties de la Société (chacune, une « Débenture ») que la Société avait émises dans le cadre du placement privé de débentures d’un montant en principal total de 1 746 366 $ de débentures convertibles garanties à 12 %.

Avant l’entrée en vigueur des débentures de remplacement le 30 septembre 2025, les débentures étaient convertibles en actions ordinaires de Charbone (chacune, une « Action de Débenture »), à un prix de conversion par action de 0.10$, jusqu’à l’échéance.

En vertu des nouvelles Débentures de remplacement :

  • La date d’échéance a été prolongée des 30 septembre et 31 octobre 2025 au 30 septembre 2026 ;

  • Le solde convertible, passe de 1,7 millions de dollars à 2,1 millions de dollars au même taux annuel de 12 %, payable mensuellement ; et

  • Le prix de conversion des débentures passe de 0,10$ par action à 0,07$ par action

Les nouvelles Débentures de remplacement seront assujetties à l’approbation de la Bourse de croissance TSX.

Ces changements annoncés aujourd’hui aux débentures existantes offrent une nouvelle flexibilité de financement à Charbone en prolongeant considérablement les échéances et nous fournissent un financement supplémentaire pour compléter et exécuter l’acquisition de l’équipement opérationnel de production et de ravitaillement en hydrogène, annoncée le 5 septembre 2025 , a déclaré Benoit Veilleux, Chef de la direction financière et secrétaire corporatif de Charbone. À mesure que nous gagnons en élan, nous travaillons continuellement à optimiser notre structure de capital et à faire progresser nos avantages de pionnier ainsi que les intérêts de nos actionnaires .

À propos de Charbone Hydrogène Corporation

Charbone est une entreprise intégrée spécialisée dans l’hydrogène ultrapur (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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  • How damaging is an 0-2 start? Nearly 88% of teams that have started that way since 1990 have missed postseason.
  • But what happened last season that might offer added hope to 2025’s winless clubs?
  • And what did Chiefs QB Patrick Mahomes say following his first 0-2 start?

Panic mode. Desperation time. A proverbial cold sweat. Tightened … well, ya know. All euphemisms synonymous with the dreaded 0-2 start in the NFL – recently anyway.

Turns out, maybe what coaches, players and fans should be doing is taking a beat and resetting − all isn’t necessarily lost.

How Zen is Chiefs coach Andy Reid, who just lost his opening two games for the first time since 2014 – his second year in K.C. and the only instance since he’s been with the franchise that it didn’t make the playoffs?

“I trust this group. I mean, this group’s a good group – got good leadership and they’ll stay together,” Reid said Monday, a day after the Chiefs lost their Super Bowl 59 rematch with the Philadelphia Eagles.

Sure, it’s easier to remain on an even keel when you’ve reached five of the past six Super Bowls and won three of them.

Added Reid: “(T)hey’ll work hard on cleaning things up, there’s nobody more aware of it than the guys, and we’ll make sure we get back to the drawing board.”

It’s almost as if he doesn’t know (or care) that, since the playoff field expanded to 12 teams in 1990, only three teams – the 1993 Cowboys, 2001 Patriots and 2007 Giants, all legendary in their own right – of the 288, or 1.04%, that have begun 0-2 over that period have won the Super Bowl.

“It’s just the little things,” Ryans said Tuesday, following his team’s last-second loss to the Tampa Bay Buccaneers on Monday night.

“We talk about technique, we talk about decision-making, we’re talking about tackling. We talk about all the little things that we control, that we can fix. I’m excited to see what it looks like moving forward.”

The deck is most definitely stacked against Houston, Kansas City and the eight other currently winless clubs. Since 1990, just 12.2% of 0-2 teams have rebounded to qualify for postseason. Just 6.6% have come back to secure a division.

Yet the 17-game regular-season schedule, which took effect in 2021, and 14-team playoff field first introduced in 2020 both provide an increased margin for error. That was certainly the case last season, when three of the nine teams that started 0-2 wound up in the Super Bowl tournament. Two (Rams, Ravens) won their divisions and got as far as the divisional round of the postseason.

The weight of the historical data is daunting, suggesting just one of this year’s 0-2 squads will overcome its circumstances to endure into in Week 19. But last year’s snapshot is proof that more teams surely can.

Let’s rank all 10 by their postseason viability from least likely to most:

10. Cleveland Browns

They looked competitive in a Week 1 loss to the Bengals but decidedly weren’t in Sunday’s 24-point defeat at Baltimore. In addition to being mired in a highly competitive division, it stands to reason that the Browns will eventually turn to rookie QBs Dillon Gabriel and/or Shedeur Sanders in order to assess where they are organizationally at the position ahead of the 2026 draft, when Cleveland is scheduled to have two first-round picks. Lastly, history is an even bigger barrier to this franchise. Of the 16 previous times the Browns started 0-2 since the 1970 AFL-NFL merger, only the 1980 “Kardiac Kids” led by MVP Brian Sipe persevered to make the postseason.

9. New York Giants

Despite finishing 3-14 last year, the G-Men, who have several young and talented players on their roster, nevertheless wound up with the league’s hardest schedule (based on opponents’ collective 2024 winning percentage, .574). Unlike the Browns, New York appears to have its quarterback of the future, 2025 first-rounder Jaxson Dart, and might be obliged to look for a spark and start him at some point given how well he played in the preseason. But Russell Wilson, who had a vintage performance in Sunday’s loss to Dallas, just bought himself more playing time, for whatever it’s worth amid this murders’ row of a lineup he and his team must face, including the equally desperate Chiefs in Week 3. And a note for the historians: Since those magical 2007 Giants started 0-2 before ruining the Patriots’ perfect season in Super Bowl 42, Big Blue has lost its first two games in 10 subsequent seasons, including 2025 … and failed to reach postseason in all of them to date.

8. New Orleans Saints

They seem a little high? Fair. But let’s acknowledge that they have established, proud players on the roster, and both of their losses have been by one score. The Saints also – seemingly – play in a more forgiving division than the Giants or Browns. But, yeah, New Orleans also doesn’t have a quarterback in the building who’s ever won an NFL game. Perhaps unsurprisingly, this is the 24th time the Saints have started 0-2 in their 59-season history. Perhaps surprisingly, this is the first time it’s happened in the post-Drew Brees era.

7. Tennessee Titans

Cam Ward is a wild card, figuratively and literally given his heretofore daredevil playing style. But is he really going to join the likes of John Elway and Andrew Luck as the only quarterbacks drafted No. 1 overall to lead their teams to the playoffs as rookies since the merger? Is a team that’s gone 3-16 under coach Brian Callahan suddenly going to catch fire? Since relocating to Tennessee in 1997, the Titans haven’t successfully rallied from their six previous 0-2 starts. Still, if Ward and Co. can survive the season’s first half, the schedule does look manageable, with a heavy serving of games in Nashville, following a Week 10 bye.

6. New York Jets

They haven’t made the playoffs since 2010 regardless of circumstances − and this is the NYJ’s fifth 0-2 start over the past nine seasons. After an encouraging Week 1 loss to Pittsburgh, the Jets were blown out by Buffalo and lost QB Justin Fields to the concussion protocol. Perhaps veteran QB2 Tyrod Taylor can stabilize the situation. Perhaps rookie coach Aaron Glenn, a Bill Parcells protégé, can spark an unexpected heater … which would be appropriate given Parcells was the last coach to dig this team out of an 0-2 hole, the 1998 squad advancing all the way to the AFC title game. But come on, it’s the Jets.

5. Miami Dolphins

Yes, this spot feels grossly optimistic for these seemingly drowning fish, er, mammals. They sound bad. They look bad. No AFC team has allowed more points (66) or has a worse point differential (-31). No coach in the league appears to be on a hotter seat than Mike McDaniel. But let’s also grant him deserved credit given Miami reached the playoffs in two of his first three seasons and had a top-six offense league-wide in both of those years. And while durability is always a concern with QB Tua Tagovailoa, he’s also an established and efficient Pro Bowl-caliber quarterback operating in a division that only seems to have one imposing team … albeit a Buffalo squad set to host the Fins on Thursday night and threatening to push them into an 0-3 grave.

4. Chicago Bears

This also feels like a glass that’s close to 75% full for a team that clearly seems to remain in hibernation. Second-year QB Caleb Williams continues to struggle to live up to his astronomical pre-draft hype from a year ago. In fairness to him, this is two offensive systems in two years, and rookie coach Ben Johnson’s playbook is far more demanding. Also, with so much scrutiny on Williams, it’s easy to gloss over the fact that the Bears are the only team that’s allowed more points (79) or been outscored by a wider margin (34 points) than Miami. And a 2025 postseason trip was always going to be a high bar given Chicago was the only team in its division that didn’t go to the playoffs last season. Yet hope for positive and sudden growth remains – if Williams starts grasping Johnson’s system, which produced spectacular results in Detroit during the previous three seasons, and if the defense starts clicking under new coordinator Dennis Allen. There’s certainly no shortage of talent on this roster.

3. Carolina Panthers

They showed the same fight in the second half of Sunday’s near-miss loss at Arizona that they displayed during the second half of last season. Both of their defeats have come on the road, and Carolina plays in a division that hasn’t set a high bar for success in recent years. Still, the Panthers must survive a battered offensive line and still suspect defense. Also, history. They’ve now started 0-2 14 times in their 31-season history – nearly half of them – but have surmounted that obstacle into a playoff berth just once.

2. Houston Texans

After Ryans’ charges started 0-2 two years ago, the Texans won 11 of their next 16 games, including a victory in the wild-card round of the playoffs. Many key players from that group remain, notably QB C.J. Stroud, WR Nico Collins, DE Will Anderson Jr. and CB Derek Stingley Jr. This year’s edition is winless – but the losses came by a combined six points to teams (Rams, Bucs) that were division winners in 2024. Yes, there might be a level of discomfort given how the AFC South rival Indianapolis Colts have broken from the starting gate … and maybe more so given this retooled offense has scored a league-low 28 points. But let’s give a squad that’s reached the divisional round of the past two postseasons, features a potentially dominant defense and has a dynamic young HC-QB combo the grace period it’s earned.

1. Kansas City Chiefs

Duh. Yep, it’s uncharted territory as it pertains to the past decade, K.C. trying to win its 10th consecutive AFC West crown. Yes, this marks the first time QB Patrick Mahomes has started 0-2 or lost three consecutive NFL games when you factor in the blowout loss to Philly in Super Bowl 59. Yes, TE Travis Kelce continues to look like a declining player, whose admittedly poor route discipline during the Week 1 loss in Brazil is responsible for the shoulder injury that’s limited dynamic WR Xavier Worthy to three snaps this season.

But … these are the dynastic Chiefs. They’ve lost close contests to the Chargers and Eagles, who are shaping up as two of the league’s top teams. Week 3 brings a date with the Giants, the Chiefs favored to win by nearly a touchdown on the road and likely to have Worthy back. Suspended WR Rashee Rice will return next month. Still, the Chiefs aren’t awash in wiggle room, the schedule set to serve up the Ravens, Lions, Commanders and Bills … before the Week 10 bye.

“We played two good football teams and made mistakes in big moments – stuff that we’re not used to doing,” Mahomes said after Sunday’s loss. “But I think we’re coming together as a team, man. I mean, when you deal with adversity it’s about how you deal with it and obviously, this isn’t how we wanted to start. But how are we going to respond? So, I’m excited for the next few weeks to see who wants to be challenged and how we can get back and really get after it.

“Obviously, we’ve never been 0-2, but we’ve had times where we’ve dealt with challenges before and lost games. I think the guys that we have in this locker room will go back to work with that mindset of, ‘We’re going to continue to work even harder,’ so that when we step on that field this next time, we can find a way to win in those big moments, like we haven’t in these first two weeks.”

This post appeared first on USA TODAY

After four seasons ending in either abject failure or mediocrity, the Chicago Cubs are back in the playoffs.

The Cubs recorded their 88th win Sept. 17, defeating the Pittsburgh Pirates, 8-4, at PNC Park to become the second club from the National League Central to qualify for the playoffs.

It’s highly likely the Cubs will enter the playoffs as a wild card; they trail the Milwaukee Brewers by 4 ½ games with 10 to play. Yet it’s equally probable Chicago will host the best-of-three wild card series at Wrigley Field, likely against the San Diego Padres.

Their return to October baseball is the culmination of investing in both brain power and one big bat: A five-year, $40 million contract to lure manager Craig Counsell down from Milwaukee turned the page on desultory years spent under David Ross’s leadership. And a major trade to land All-Star outfielder Kyle Tucker from Houston galvanized the lineup.

Tucker remains both a near- and long-term question mark: He’s been out with a calf injury and his status for the postseason is unknown. In the bigger picture, he is a free agent after this season and will truly test the Cubs’ commitment to winning should the club pursue him for the long haul.

In the clincher, the Cubs got home runs from Ian Happ and rookie Moises Ballesteros to make up for another lackluster start from lefty Matthew Boyd, who has struggled since the All-Star break as his innings count coming off injury-plagued seasons has risen.

Still, the Cubs will have time to line up their pitching for the postseason, with lefty Shota Imanaga and top rookie Cade Horton likely to come out of the gate 1-2 in the early round.

The Cubs last advanced in the playoffs in 2020, when they qualified for the expanded field in the COVID-19 season but were swept by the Miami Marlins at Wrigley Field. Their last full-season berth came in 2018, when they lost the NL wild-card game to the Colorado Rockies – after losing a one-game tiebreaker to Milwaukee for the Central title a day earlier.

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Plenty of changes are happening at UCLA − but its quarterback remains the same.

Nico Iamlaeava was practicing with the team on Wednesday, Sept. 17, three days after the Bruins fired second-year coach Deshaun Foster.

While it shouldn’t be a total surprise for a team’s starting quarterback to be practicing, it’s a noteworthy because Foster’s departure opened a 30-day transfer portal window for Bruins players. And since the firing happened before the team played four games, players that have not redshirted can retain a year of eligibility if they leave the team.

While Iamaleava has already used his redshirt and wouldn’t be able to join another team until the spring semester, his participation in practice signals he plans to continue play with the Bruins, for now.

Hours after Foster was fired, atheltic director Martin Jarmond told reporters he spoke with the team and no players indiciated they were thinking about transferring. Interim coach Tim Skipper shared a similar sentiment ahead of practice.

‘Had very positive conversations with our guys. There’s nothing to announce or report that way,’ Skipper said. ‘This university, this campus, this coaching staff, has a lot to offer to these guys. You remind them of that, and they see it. They see how our energy is every day, and we’re just going to take it one day at a time and keep on working.’

UCLA plays next at Northwestern on Sept. 27. Iamaleava has until Oct. 14 to enter the portal, allowing him to play in the next three games against Northwestern, Penn State and Michigan State. The Bruins host Maryland on Oct. 18, three days after the window closes.

UCLA part ways with defensive coordinator

While UCLA’s starting quarterback is still with the team, its defensive coordinator is not.

Skipper announced the Bruins parted ways with defensive coordinator Ikaika Malloe. He did not disclose why the two sides separated.

Malloe joined the staff in December 2022 as a defensive position coach and took was interim defensive coordinator for UCLA’s bowl game in 2023. Afterward, he was officially given the position.

Defense was UCLA’s strongsuit in Malloe’s first full season, ranking sixth in the country in rushing defense (96.2). However, the unit has struggled out of the gate in 2025, ranking near the bottom of several categories including:

  • Scoring defense: 36 points per game (121st out of 134 teams)
  • Total defense: 431 yards per game (117th)
  • Rushing defense: 244 yards per game (132nd)
  • Defensive passing efficency: 184.7 (132nd)
  • Defensive third down percentage: 62.2% (133rd)
This post appeared first on USA TODAY

The Los Angeles Chargers will be without their top edge rusher for at least four weeks.

Chargers coach Jim Harbaugh announced Wednesday the team will place Khalil Mack on injured reserve due to an elbow injury.

Mack dislocated his elbow during the first quarter of the Chargers’ 20-9 Week 2 win over the Las Vegas Raiders. Mack’s arm bent awkwardly when he attempted to tackle Raiders wide receiver Tre Tucker.

The edge rusher clutched his elbow immediately after the play and went into the team’s blue medical tent. He was eventually escorted to the team’s locker room.

Mack was seen on the sideline during the second half with his arm in a sling and had the same arm protected with a sling in the postgame locker room.

Mack’s injury is a big loss for the Chargers, but the silver lining is he won’t miss the remainder of the regular season.

Tuli Tuipulotu and Bud Dupree are expected to be Los Angeles’ top two outside linebackers while Mack recovers from his elbow injury. Caleb Murphy and rookie Kyle Kennard, who’s been inactive through two games, could also see more playing time.

The 2-0 Chargers host the 1-1 Denver Broncos in Week 3.

Mack’s compiled 108.5 career sacks, including 32 sacks in 52 career games with the Chargers. He won NFL Defensive Player of the Year as a member of the Raiders in 2016. He’s been elected to the Pro Bowl nine times.

Follow USA TODAY Sports’ Tyler Dragon on X @TheTylerDragon.

This post appeared first on USA TODAY

Plenty of changes are happening at UCLA − but its quarterback remains the same.

Nico Iamlaeava was practicing with the team on Wednesday, Sept. 17, three days after the Bruins fired second-year coach Deshaun Foster.

While it shouldn’t be a total surprise for a team’s starting quarterback to be practicing, it’s a noteworthy because Foster’s departure opened a 30-day transfer portal window for Bruins players. And since the firing happened before the team played four games, players that have not redshirted can retain a year of eligibility if they leave the team.

While Iamaleava has already used his redshirt and wouldn’t be able to join another team until the spring semester, his participation in practice signals he plans to continue play with the Bruins, for now.

Hours after Foster was fired, atheltic director Martin Jarmond told reporters he spoke with the team and no players indiciated they were thinking about transferring. Interim coach Tim Skipper shared a similar sentiment ahead of practice.

‘Had very positive conversations with our guys. There’s nothing to announce or report that way,’ Skipper said. ‘This university, this campus, this coaching staff, has a lot to offer to these guys. You remind them of that, and they see it. They see how our energy is every day, and we’re just going to take it one day at a time and keep on working.’

UCLA plays next at Northwestern on Sept. 27. Iamaleava has until Oct. 14 to enter the portal, allowing him to play in the next three games against Northwestern, Penn State and Michigan State. The Bruins host Maryland on Oct. 18, three days after the window closes.

UCLA part ways with defensive coordinator

While UCLA’s starting quarterback is still with the team, its defensive coordinator is not.

Skipper announced the Bruins parted ways with defensive coordinator Ikaika Malloe. He did not disclose why the two sides separated.

Malloe joined the staff in December 2022 as a defensive position coach and took was interim defensive coordinator for UCLA’s bowl game in 2023. Afterward, he was officially given the position.

Defense was UCLA’s strongsuit in Malloe’s first full season, ranking sixth in the country in rushing defense (96.2). However, the unit has struggled out of the gate in 2025, ranking near the bottom of several categories including:

  • Scoring defense: 36 points per game (121st out of 134 teams)
  • Total defense: 431 yards per game (117th)
  • Rushing defense: 244 yards per game (132nd)
  • Defensive passing efficency: 184.7 (132nd)
  • Defensive third down percentage: 62.2% (133rd)
This post appeared first on USA TODAY

Zeus Resources (ASX:ZEU,FSE:ZEU) is a mineral exploration company dedicated to advancing high-grade critical mineral projects in underexplored regions. Its primary focus is the 100-percent-owned Casablanca antimony project in Morocco, while also maintaining exploration interests in uranium, lithium and rare earth elements across Australia.

Targeting Europe’s industrial and defence supply chains, Zeus is leveraging Morocco’s efficient permitting environment to fast-track development. In July 2025, Zeus completed its acquisition of Casablanca and immediately initiated a high-resolution geophysics program. The company aims to progress from reconnaissance to drilling within months, capitalising on record-high antimony prices and tightening Western supply chains. The Casablanca project represents one of the few high-grade antimony exposures outside China.

Zeus also strengthened its Moroccan strategy through a five-year, non-exclusive license agreement with Newmont, covering its Morocco exploration database and regional framework study across the Anti-Atlas and Central Meseta regions. The database integrates geochemical, geophysical and structural datasets, providing Zeus with a competitive advantage in prospectivity analysis and target generation. Key terms include a 1 percent NSR royalty on any properties Zeus acquires in these regions and a 15-year right of first refusal for Newmont on transfers. The agreement streamlines project identification, reduces early-stage risk and positions Zeus to efficiently expand its Moroccan footprint.

Company Highlights

  • Casablanca Antimony Project: Six exploration licenses over 79 sq km in central Morocco. Surface sampling during due diligence returned astonishing results: up to 61.9 percent antimony, with additional samples ranging 7.8 to 46.52 percent antimony along a mapped strike exceeding 4 km
  • Strategic Location for Supply Security: Morocco is a long-standing antimony producer with historic supply to Europe, ranking 19th globally on the Fraser Institute’s mining jurisdiction index- – on par with Western Australia.
  • Rapid Advancement Exploration Model: Geophysics survey underway within weeks of licence acquisition, trenching program planned, and drill commencement targeted for early Q4 2025.
  • Favourable Market Dynamics: Antimony prices have quadrupled since early 2024 to ~US$55,000/t amid tightening global supply and rising demand from defence, electronics and renewable energy sectors.
  • Strategic Advisory Firepower: Former US Ambassador Christopher Dell has joined as US business and strategic development advisor aiming to leverage his extensive diplomatic experience and proven negotiation skills to facilitate Zeus navigate capital-raising, geopolitical positioning and partnerships aligned with Western critical minerals policy
  • Strategic Data Access: Access to Newmont’s Morocco exploration database and framework study strengthens Zeus’s ability to fast-track target generation and expand its Moroccan footprint
  • Lean Valuation, Clear Milestones: Market capitalization sits around AU$9 to AU$13 million, offering early-stage leverage if exploration success continues.

This Zeus Resources profile is part of a paid investor education campaign.*

Click here to connect with Zeus Resources (ASX:ZEU) to receive an Investor Presentation

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Vanadium is an important metal for both the steel and battery manufacturing industries.

Both of these sectors play key roles in economic growth and a new era in defense and energy security. Supply and demand fundamentals for the metal indicate a strong long-term outlook for the vanadium market.

Many investors believe the vanadium industry is compelling and are interested in getting involved in this evolving market. Read on for a brief overview of the metal, from supply and demand to how to invest in this exciting industrial and battery metal.

In this article

    What is vanadium?

    Named after Vanadis, the Norse god of beauty, vanadium is a silvery-gray transition metal that was discovered in 1801.

    Vanadium occurs in about 65 different minerals, and is mined as a by-product of other metals, usually uranium. It is also found in deposits of phosphate rock, titaniferous magnetite, uraniferous sandstone and siltstone. Aside from that, it is present in bauxite and in carboniferous materials such as crude oil, coal, oil shale and tar sands.

    Vanadium demand trends

    Vanadium applications have grown in recent years, contributing to price growth. The vast majority of vanadium is used as an additive in the steel industry to make a high-strength product that is lighter, stronger and more resistant to shock and corrosion.

    Vanadium content of less than 0.1 percent is needed to double the strength of steel, and although other metals — including manganese, molybdenum, niobium, titanium and tungsten — can be interchanged with vanadium for alloying with steel, there is no substitute for vanadium in aerospace titanium alloys.

    Over the last few years, China has increased its vanadium use, producing steel rebar with high tensile strength for construction. Vanadium compounds are also used in nuclear reactors because they have low neutron-absorbing properties. Vanadium oxide is used as a pigment for ceramics and glass, and can act as a catalyst in the production of superconducting magnets.

    In addition to the steel alloy sector, the metal is often used to make parts for jet engines, as well as crankshafts, axles and gears. What’s more, vanadium redox batteries (VRFB) are currently generating excitement because they are reusable over semi-infinite cycles, and do not degrade for at least 20 years, allowing energy storage systems the ability to bank renewable energy.

    However, these batteries are quite large compared to lithium-ion batteries, and are better suited for industrial or commercial use rather than for use in electric vehicles. That said, there are a number of companies around the world working on developing the technology for residential and smaller-scale use.

    Vanadium supply trends

    The top vanadium producing countries are China, Russia and South Africa, and worldwide vanadium production totaled 100,000 metric tons (MT) in 2024. China was the world’s largest producer of vanadium by far, contributing 70,000 metric tons of vanadium. Russia came in at a distant second with output of 21,000 MT, and South Africa was in third place with 8,000 MT.

    Russian-owned Evraz is a large vanadium producer with assets in Russia and Czechia, and is a major supplier of ferrovanadium to the European steel market. In the first half of 2022, Russia’s invasion of Ukraine and subsequent trade sanctions have prompted end-users to look for more secure vanadium supplies. By the end of 2024, Russian vanadium pentoxide exports to China had dried up, and supply uncertainties were also reported in South Africa.

    For his part, CRU Group’s Goel believes other nations are also interested in boosting domestic vanadium production. “Governments worldwide have recognized vanadium as a critical mineral, leading to increased support for emerging vanadium projects,” he said. Goel cited as an example the private Australian company Vecco Group, which received an AU$3.8 million grant to advance the feasibility and design of its vanadium project in Brisbane.

    However, vanadium will have to break free from the current low pricing environment if ex-China projects are to move from discovery to production.

    How to invest in vanadium stocks

    Vanadium bullion is available from private individuals, but the metal is not publicly traded, and so most experts do not advise investing in physical vanadium. Instead, vanadium stocks are a common way to gain exposure.

    There are several publicly traded companies currently producing vanadium for investors to consider, as well as many companies exploring or developing vanadium projects, including as a by-product of other minerals. See the list of vanadium stocks you can invest in below for more details on their operations.

    [shortcode-js-qm-watchlist-widget stocks=’AVL:AU,BMN:LN,EFR:CC,LGO,NEXT:CC,QEM:AU,SR:CC,VRB:CC,WUC:CC’

    Australian Vanadium (ASX:AVL)
    Australian Vanadium is building a vanadium pit-to-battery value chain in Western Australia that will incorporate its flagship Australian Vanadium project, considered one of the most advanced vanadium projects being developed globally.

    Bushveld Minerals (LSE:BMN)
    Bushveld Minerals is a primary vanadium mining company with one of the world’s largest high-grade primary vanadium resources. The company’s assets, all in South Africa, include two of the world’s four operating primary vanadium production processing facilities and an under-construction vanadium electrolyte production facility.

    Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU)
    Energy Fuels is primarily focused on uranium and rare earth metals, but its White Mesa mill in Utah, US, has the ability to process uranium-bearing ore from its mines into vanadium pentoxide (V2O5) as well. While the company is not currently producing vanadium, it has a stockpile of finished V2O5, with production and sales awaiting stronger market prices.

    Largo Resources (TSX:LGO,NASDAQ:LGO)
    Largo Resources owns and operates the Maracas Menchen mine in Brazil, and has annual V2O5 equivalent production guidance of between 9,000 and 11,000 MT. The company supplies vanadium products for multiple applications, and has developed vanadium redox battery systems for advanced renewable energy storage solutions.

    Manuka Resources (ASX:MKR)
    Manuka Resources holds two fully permitted precious metals projects in the Cobar Basin of New South Wales, Australia. Through its wholly owned subsidiary, it is also advancing the Taranaki VTM iron-vanadium-titanium project, which would extract vanadium-rich iron sands from the seabed of the New Zealand exclusive economic zone.

    NextSource Materials (TSX:NEXT,OTCQB:NSRCF)
    NextSource Materials’ advanced-stage Green Giant in-situ vanadium project in Madagascar is one of the world’s largest-known vanadium deposits, with a resource estimate of 60 million MT of V2O5 at an average grade of almost 0.7 percent. Green Giant is adjacent to NextSource’s Molo graphite mine.

    QEM (ASX:QEM)
    QEM is advancing its flagship Julia Creek vanadium and energy project in Queensland’s North West Minerals Province. The project hosts one of the largest vanadium deposits in the world, with a JORC resource of 2.87 billion MT at 0.31 percent V2O5, and a contingent oil resource of up to 654 million barrels.

    Strategic Resources (TSXV:SR)
    Strategic Resources is targeting the green steel market with its flagship BlackRock vanadium-titanium-iron project in the Eeyou Istchee James Bay region of Québec, Canada. The project, which will host a mine and concentrator, is fully permitted and construction ready. The company will also have a metallurgical facility located in the Port of Saguenay.

    VanadiumCorp Resource (TSX:VRB)
    VanadiumCorp’s goal is to become a fully integrated producer of high-quality vanadium electrolytes for vanadium flow batteries. It plans to source material from its Lac Doré vanadium- and titanium-bearing magnetite deposit in the Eeyou Istchee James Bay region of Québec.

    Western Uranium and Vanadium (CSE:WUC,OTCQX:WSTRF)
    Western Uranium and Vanadium is developing high-grade uranium and vanadium production at its Sunday Mine Complex in Colorado, US, and licensing and developing the nearby Mustang mineral processing plant. In Q2 2025, it delivered stockpiled and new production from Sunday to Energy Fuels’ White Mesa mill through an ore purchase agreement.

    Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

    Resolution Minerals Ltd (RML or Company) (ASX: RML) is pleased to announce it has received firm commitments for a placement of fully paid ordinary shares in the Company (Shares) to sophisticated investors to raise a total of $25.1 million (before costs) at an issue price of $ 0.05 per Share (Placement).

    Highlights

    • Commitments received for a successful placement of $25.1 million at $0.05 per share
    • Placement supported by a range of high net worth and global institutions including John Hancock’s Family Office, Astrotricha Capital SEZC and S3 Consortium (Stocks Digital), as well as director participation of $200,000
    • The placement has institutionalised the Company’s register, including $7.75m cornerstoned by high-calibre, supportive and value-add local and international investor groups
    • RML’s medium term work programs and working capital requirements are now fully funded
    • RML balance sheet strengthened ahead of the proposed NASDAQ listing
    • RML is aiming to become a major player in the US critical minerals space and is aiming to meet the needs of the current White House Administration’s and the Department of War’s critical mineral US national security supply requirements

    Of the total $25.1 million placement funds, $18,400,000 (Tranche 1) will be settled on or around 26 September 2025, and the remaining $6,700,000 (Tranche 2) (total of $25.1 million) is anticipated to settle within approximately 60 days, and following the next shareholder meeting.

    Subject to receipt of shareholder approval in a general meeting (anticipated mid November 2025), participants in the Placement will also be issued one (1) option for every two (2) Shares issued under the Placement, for no additional consideration. The Options will have an exercise price of $0.10 per Share and expire on 30 November 2029 – key terms included in this announcement (Option). The Options will be listed, subject to ASX listing requirements being met.

    The Placement will be conducted via two (2) tranches, as follows:

    (a) Tranche 1: 422,000,000 Shares as follows:

    (i) 150,000,000 Shares will be issued under the Company’s existing pre-approved placement capacity that was approved by shareholders at the general meeting held on 25 July 2025; and

    (ii) 272,000,000 Shares will otherwise be issued under the Company’s Listing Rule 7.1 & 7.1A capacity (146,542,986 Shares under Listing Rule 7.1 and 125,457,014 Shares under Listing Rule 7.1A); and

    (b) Tranche 2: subject to shareholder approval under Listing Rule 7.1, via the issue of 80,000,000 Shares and up to 251,000,000 attaching Options (subject to rounding).

    Click here for the full ASX Release

    This post appeared first on investingnews.com

    The US Federal Reserve held its sixth meeting of 2025 from Tuesday (September 16) to Wednesday (September 17) amid slowing growth in the country’s jobs market.

    The central bank met analysts’ expectations by lowering the federal funds rate by 25 basis points to the 4 to 4.25 percent range. It marks the first cut of 2025, after holding at the 4.25 to 4.5 percent range since December 2024.

    Despite August consumer price index (CPI) data showing inflation rose to 2.9 percent from 2.7 percent in July, a weakening labor market became the focus of the Fed’s dual mandate of stable prices and maximum employment.

    “The case for a persistent inflation outbreak is less, and that’s why we think it’s time for us to acknowledge the risks to the other mandate have grown, and we should move in the direction of neutral,” said Chair Jerome Powell.

    The most recent US jobs report indicates that August brought an increase of just 22,000 new workers, while the unemployment rate ticked up to 4.3 percent from 4.2 percent in July. Additionally, the Bureau of Labor Statistics, which produced the report, announced a downward revision to June’s figures, showing a loss of 13,000 jobs.

    Similarly, July’s report, released on August 1, marked a significant weakening in the labor force, bringing the three month average to just 28,000 new jobs after growth of 192,000 in the February to April period.

    Following that report, US President Donald Trump fired the head of the Bureau of Labor Statistics, suggesting the jobs data was “rigged” to make his administration look bad. Both the slowing American labor market and rising inflation over the past few months have been blamed on the effects of Trump’s tariffs trickling into the economy.

    Trump has been critical of the Fed and Powell in particular, saying they haven’t moved quickly enough to lower rates.

    While he is unable to remove Powell, in August Trump attempted to fire Fed Governor Lisa Cook over alleged mortgage fraud stemming from mortgage applications where she listed two homes as principal residences. Recent documents have shown those allegations to be false, and that Cook listed one of the homes as a vacation property.

    On Monday (September 15), an appeals court blocked Cook’s removal from the Fed’s Board of Governors, allowing her to participate in this week’s meeting. Also this week, the Senate confirmed Stephen Miran to the board in a 48 to 47 decision along party lines. He will be replacing Adriana Kugler, who resigned in August.

    Miran is on leave from his position at the White House’s Council of Economic Advisers and increases Trump’s influence over the seven member board. The nomination process for a new board member usually lasts months, but Miran’s appointment took just six weeks, allowing him to participate in this week’s meeting.

    The gold price rose to a record high of US$3,707.34 per ounce shortly after the decision, but quickly fell back to the US$3,650 level. Silver spiked as high as US$42.24 per ounce following the meeting, still trading near 14 year highs.

    Equities were mixed on Wednesday, with the S&P 500 (INDEXSP:INX) losing 0.31 percent to reach 6,586. Meanwhile, the Nasdaq-100 (INDEXNASDAQ:NDX) shed 1.03 percent to come in at 24,036, and the Dow Jones Industrial Average (INDEXDJX:DJI) gained 0.5 percent, coming to 45,084.

    Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com