Sameer Purohit’s Post

In 2022, critical minerals took centre stage in deal activity, driven by their crucial role in clean energy technologies and national defence. Gold, copper, lithium, and cobalt exploration surged to meet increased demand. Future Focus: The next 20 years hold immense potential. The demand for critical minerals, especially in sustainable electric vehicles, calls for a transformative industry approach. Success lies in miners reimagining operations and forming strategic value-chain partnerships. Join the conversation! How do you envision the future of critical minerals? Share your thoughts!  #financialservices #businessmodel #valuation #investments

We've received firm commitments for $1.0 million (before costs) from a placement to sophisticated and professional investors via Canaccord Genuity Australia. This brings the total capital commitments across the recent Share Purchase Plan and the TopUp Placement to $2.5 million. Non-Executive Director, Julian Babarczy, participated in the Top-Up Placement, for a total amount of $70,000. Julian is an existing major shareholder and his further investment is seen as a strong endorsement of our multi-project strategy and attractive valuation. Completion of this capital raising program will enable us to rapidly progress the Kookaburra Graphite Project pre-feasibility study and related project workstreams, including the downstream BAM Scoping Study as well as the development of relationships with strategic investor and offtake groups for our multiple Eyre Peninsula projects. CEO Jonathon Trewartha said: “The receipt of such strong commitments for Lincoln’s SPP and the Top-Up Placement places the Company in a strong position to execute on the rapid project advancement at the Kookaburra Graphite Project as well as the downstream BAM strategy. We are also making solid progress on our Green Iron and Uranium projects with updates on each expected soon. Being part of the Critical Minerals Australian trade delegation has made me feel very positive on the underlying fundamentals of the graphite market, especially for ex-China development projects, with an increased urgency from supply chain participants and end users, suggesting increase in graphite prices could be imminent.” Read the full ASX Announcement here: https://lnkd.in/gDkzWraw #LML #LincolnMinerals #graphite #Uranium #Magnetite #greeniron #placement #SPP #ASX #ASXnews #miningnews

European Lithium, a substantial shareholder in NASDAQ listed Critical Metals Corp. welcomes the initial investment of USD$5m to acquire 92.5% controlling interest in the Tanbreez Greenland Rare Earth Mine. Critical Metals Corp. now holds 5.55% equity interest in the Tanbreez Project, while European Lithium retains its 7.5% ownership.   CRML CEO Tony Sage commented “The completion of this investment is a key step for our plans to acquire Tanbreez, a foundational rare earth asset for the West. By acquiring Tanbreez, Critical Metals Corp will be strategically positioned to become a reliable and sustainable supplier of both light and heavy rare earth elements to meet the growing demand of these materials from the technology and defense industries in western countries. With this development, the transaction is further de-risked”.     Malcolm Day Mykhailo Zhernov Anna Sloboda   #EUR #CRML #TanbreezRareEarths #Greenland #CriticalMetals #CriticalMinerals #Electrification #TonySage

Developing critical raw material projects that comply with high environmental and social standards requires both time and financial investment. The lengthy timeline before these projects generate revenue, coupled with unpredictable markets — which often fail to reflect the costs of sustainable management or anticipated demand surges — makes investments in this sector particularly risky. The ESM Foundation will participate in the GTR Commodities Conference to discuss these challenges and explore potential solutions.

In this interview, Trumbull Fisher, CEO of Green Shift Commodities, discusses the company's sale of its Berlin project in Colombia and its focus on lithium projects in South America. He explains that the decision to divest the Berlin asset was driven by the focus on lithium and the liabilities associated with the Berlin project. CEO Fisher also mentions the company's investments in Consolidated Uranium and Latitude Uranium and expresses excitement about their recent agreements. He provides updates on the cash position of the company and discusses the projects in Canada and Argentina. Fisher shares the company's plans for 2024, including further exploration in Argentina and Ontario. He mentions the major shareholders and management ownership of the company and concludes by highlighting the company's comfortable financial position.   / via @swissresourceag #Interview #Exploration #GreenShiftCommoditiesLtd

With improvements in technology and a better understanding of the market dynamics, the Li market is expected to see more news like this. It may hurt the companies who played a suppliers-only role and may lose their monopoly in the market. With further maturity of our understanding of the global market, I expect more miners will emerge from countries we didn't expect before. Also, projects where a substantial amount of lithium may also be produced as a by-product. 5E Advanced Materials, Inc is an example: (https://lnkd.in/gDDyDf_H) _______________Update_______ Just I read this news: https://lnkd.in/gD65eEre "Goldman Sachs recently said it estimated a surplus of 200,000 tonnes of lithium carbonate equivalent, or 17% of global demand, this year." ________________ Critical Minerals Association USA Critical Minerals Conference Series 2023 Utah Advanced Materials Manufacturing Initiative (UAMMI) https://lnkd.in/gj7B2ft2

Bedford Metals Corp. remains focused on increasing shareholder value through strategic exploration and development initiatives. The Ubiquity Lake Uranium Project represents a significant opportunity for Bedford to deliver value to its shareholders and contribute to the global transition toward a cleaner, more sustainable energy future. Learn more on our website bedfordmetals.com #BedfordMetals #goldmining #gold #goldinvesting #goldstocks #stockmarket #stockmarketnews #investing #investment

The collapse of this deal serves to highlight the real investor caution on the upstream that exists in the volatile world of critical minerals. This is further evidence of the challenge faced to build out the metals supply required to enable the energy transition and meet net zero targets... #nickel #copper #energytransition #electricvehicles #criticalmaterials #criticalminerals

Rowena Smith, Chief Executive Officer at Australian Strategic Materials (ASM), has shared the title of her exciting keynote presentation at AusIMM’s Critical Minerals Conference 2024.   Presentation title: "From mine to metals: Redefining critical mineral supply chains"  Synopsis excerpt: The globally shared ambition to create diverse, sustainable critical minerals supply chains continues to build momentum – but market headwinds still hinder swift progress.   Read full synopsis: https://lnkd.in/gxhycjPz #AusIMM #CriticalMinerals2024 #CriticalMinerals

European Lithium Limited (ASX:EUR, OTCQB:EULIF) has welcomed the declaration by the US Securities and Exchange Commission (SEC) – the US equivalent of the Australian Securities and Investment Commission (ASIC) – on the effectiveness of Critical Metals Corp.'s registration statement on Form F-1. European Lithium shares Critical Metals' vision to become a key supplier for the lithium-ion battery supply chain in Europe. The company holds 67,788,383 ordinary shares in Critical Metals, representing an 83.03% stake. Based on Critical Metals’ closing share price of US$11.14 per share as of May 22, European Lithium's investment is valued at US$755,162,587 (A$1,140,295,506). This valuation is subject to fluctuations in Critical Metals’ share price. More at #Proactive #ProactiveInvestors #Lithium #LithiumMining #BatteryMetals #CriticalMinerals http://ow.ly/hfW8105uxA9