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Freegold Achieves over 90% Gold Recovery Using BIOX® and greater than 92% Gold Recovery using POX – Additional Metallurgical Work Remains Ongoing

Investing 8 Mins Read

  • All three methods tested: BIOX®, POX, and the Albion Process yield over 90% gold recovery
  • Further work to enhance sulphide recoveries through oxidation, as well as gravity, flotation and CIL recoveries, is in progress

Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) (‘Freegold’ or the ‘Company ‘) is pleased to announce further results from the ongoing metallurgical test work currently underway.

The current initiatives are focused on refining the flowsheet options for the pre-feasibility study. This includes testing and ongoing evaluation of sulphide-oxidizing methods such as BIOX®, POX, and the Albion Process, as well as further gravity, flotation and CIL test work.

Earlier this year, Freegold reported 93% recovery using the Albion Process oxidation-CIL, with further test work ongoing.  Comminution tests using half-PQ core have been conducted on over 50 samples from various locations and lithologies within the deposit. These tests provide information to evaluate the trade-off between grind size and liberation versus power consumption, to optimize power requirements and operating costs while enhancing gold recovery.

The BIOX test work has been in progress for several months, and results have shown that gold recovery rates of greater than 90% can be achieved.

2025 PROGRAM

  • Drilling is now underway with three rigs

Conversion of inferred resources into indicated & further exploration drilling.

  • Updated mineral resource
  • Ongoing metallurgical work, focusing on flowsheet optionality with sulphide oxidation is a key part of our strategy to maximize the potential of the resource.
  • Commencement of a Pre-Feasibility Study (PFS)

Summary of Gold Recovery using   BIOX®,

A series of BIOX® amenability oxidation tests have been completed using a sulphide rougher concentrate produced from a composite of Golden Summit material sourced from eight diamond drill hole assay rejects.  The duration of the biological oxidation tests conducted was 10, 15, 20, 30 and a duplicate 30 days.  The residue from these BIOX® tests was subjected to CIL treatment, and overall gold recovery from gravity, rougher flotation, BIOX® treatment, and CIL averaged 91% from this suite of test work.

Summary of Gold Recovery using   POX,

Pressure oxidation (POX) treatment of sulphide rougher concentrate, as well as a cleaner concentrate, with lower mass and only marginally lower gold deportment, has been completed.  The POX residue was washed and neutralized and subjected to CIL leaching for gold recovery.  The POX-CIL testwork has yielded an average overall gold recovery of over 92% in a process flowsheet incorporating gravity, flotation, POX, and CIL.

This testwork utilized eight drill core composites comprising 1,192 meters of drill intercepts that represent 587 continuous mineralized intervals, with a total material weight of over 5,100 kilograms. These composites represent different locations and grades within the Dolphin and Cleary area and were created using continuous drill intervals chosen to reflect potential mill feed (Refer to the map below for hole locations.) The selections of drill holes and intervals included the primary gold-hosting lithologies.  These composites were prepared from laboratory assay rejects of fresh rock intervals located well below the existing oxide cap at Golden Summit.  Additionally, four large-diameter PQ holes were drilled during 2024. A total of 7,600 kg has been made available for comminution testing and ongoing metallurgical testwork.

Two additional PQ holes are being drilled in the 2025 program to enhance our metallurgical test work. This work aims to provide data for trade-off studies in the pre-feasibility study, developing a process flowsheet to maximize economic returns. Ongoing tests indicate that part of the mineralization is non-refractory and can be processed conventionally, although additional sulfide processing is necessary for optimal recovery. The September 2024 resource estimate, based on a gold price of $1,973 , included grinding, gravity separation, flotation, regrinding of sulphide concentrate, and CIL treatment, achieving a 72% gold recovery rate at a processing cost of $14 per ton.

The current program is designed to test sulphide oxidation methods, aiming to increase recoveries beyond the 72% gold recovery reported in the September 2024 resource estimate. Each of the three oxidation methods tested successfully demonstrated the potential to achieve gold recoveries exceeding 90%. These methods may increase costs; however, higher gold recoveries and gold prices could offset the additional capital expenditures (CAPEX) and operating expenditures (OPEX ) costs. Ongoing work will focus on identifying the most suitable oxidation method for use in the pre-feasibility study.

Discovery costs at Golden Summit are under $4.00 per ounce. Since 2020, exploration at Golden Summit has transformed the project, evolving to one of North America’s most significant undeveloped gold resources, owing to a revised interpretation, extensive drilling, and a robust metallurgical program. There remains considerable potential for further expansion and optimisation as the project advances. The revised mineral resource estimate, incorporating the 2024 drilling, is expected to be finalised soon.

The current 2025 drilling program aims to upgrade inferred resources to indicated through infill drilling. Drilling for geotechnical purposes, resource definition, and additional metallurgical test holes will also be carried out. A total of 30,000 metres of drilling is planned. Archaeological fieldwork and geotechnical drilling are scheduled to commence shortly, with a fourth drill rig added to enhance exploration efforts. A pre-feasibility study is set to begin later this year.

Link to the Plan Map:

https://freegoldventures.com/site/assets/files/6287/fvl06192025_ddhplan.png

HQ Core is logged, photographed and cut in half using a diamond saw, and one-half placed in sealed bags for preparation and subsequent geochemical analysis by MSA Laboratories in Prince George, BC , and/or Fairbanks, Alaska .  At MSALABS, the entire sample will be dried and crushed to 70% passing -2mm (CRU-CPA). A ~500g riffle split will be analyzed for gold using CHRYSOS PhotonAssay (CPA-Au1). From this, 250g will be further riffle split from the original PhotonAssay sample, pulverized, and a 0.25g sub-sample analysed for multi-element geochemistry using MSA’s IMS230 package, which includes 4-acid digestion and ICP-MS finish. MSALABS operates under ISO/IEC 17025 and ISO 9001 certified quality systems. A QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

The Qualified Person for this release is Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited  
Freegold is a TSX-listed company focused on exploration in Alaska . It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold’s Annual Information Form for the year ended December 31st, 2024 , filed under Freegold’s profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold’s operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect   on Freegold’s business, results of operations, and financial condition.

SOURCE Freegold Ventures Limited

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/19/c8191.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

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Editor's pick

Hungarian police ban Budapest Pride march

Editor's pick 2 Mins Read

Hungarian police said on Thursday in a statement that they were banning the Budapest Pride march of the LGBTQ+ community planned for June 28.

Hungary’s parliament, in which Prime Minister Viktor Orban’s right-wing Fidesz Party has a big majority, passed legislation in March that created a legal basis for police to ban LGBTQ marches, citing the protection of children.

Budapest’s liberal mayor Gergely Karacsony tried to circumvent the law when he announced on Monday that since the Budapest Pride march will be a municipal event “no permits from authorities are needed”.

Budapest metropolitan police, however, said the law applied to the event organised by the mayor and banned it.

The police ban has “no relevance” as authorities were not officially notified of the plans for the event, Karacsony said on Facebook.

“The Metropolitan Municipality will host the Budapest Pride Freedom Celebration on June 28, the day of Hungarian freedom, as a municipal event. Period,” the mayor wrote. Tens of thousands of people are expected to attend the protest.

Orban faces a challenging election in 2026 where a new surging opposition party poses a threat to his rule.

His government has a Christian conservative agenda and its intensifying campaign against the LGBTQ community has aimed to please Fidesz’s core voters, mostly in the countryside.

Orban said in February that organisers should not even bother organizing Pride in Budapest this year.

This post appeared first on cnn.com

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Editor's pick

How a leaked phone call between a former strongman and a young leader could topple a government

Editor's pick 5 Mins Read

Thailand’s Prime Minister Paetongtarn Shinawatra is facing increasing pressure to step down, after appearing to criticize the military in a 17-minute leaked phone call she had with Cambodia’s powerful former leader over an escalating border dispute.

The scandal, which sparked widespread anger in the country, brings fresh uncertainty to a country roiled by years of political turbulence and leadership shake-ups. Paetongtarn, 38, has only held the premiership for ten months after replacing another prime minister who was removed from office.

It also comes at a time when the Southeast Asian kingdom is struggling to boost its ailing economy, is negotiating a trade deal with the United States to avoid punishing tariffs, and is embroiled in an escalating border dispute with its neighbor Cambodia that has soured relations to their lowest point in years.

Paetongtarn apologized on Thursday and Thailand’s Ministry of Foreign Affairs summoned the Cambodian ambassador to deliver a letter of protest, calling the leak of the private phone call “a breach of diplomatic etiquette.”

“Thailand views that these actions are unacceptable conduct between states. It contradicts internationally accepted practices and the spirit of good neighborliness” and “undermined the trust and respect between the two leaders and countries,” a ministry spokesperson said in a statement.

In a post on his official Facebook page, Hun Sen said he had shared a recording of the call with about 80 Cambodian officials and suggested one of them may have leaked the audio. The 72-year-old political veteran later posted a recording of the 17-minute call in its entirety.

In the leaked call, which took place on June 15, Paetongtarn could be heard calling former Cambodian strongman Hun Sen “uncle” and appeared to criticize her own army’s actions in after border clashes led to the death of a Cambodian soldier last month.

Paetongtarn, a relative political newcomer from a powerful dynasty who became Thailand’s youngest prime minister last year, appeared to signal there was discord between her government and the country’s powerful military.

In the call, the Thai prime minister can be heard telling Hun Sen that she was under domestic pressure and urged him not to listen to the “opposite side,” in which she referred to an outspoken Thai army commander in Thailand’s northeast.

“Right now, that side wants to look cool, they will say things that are not beneficial to the nation. But what we want is to have peace just like before any clashes happened at the border,” Paetongtarn could be heard saying.

She also added that if Hun Sen “wants anything, he can just tell me, and I will take care of it.”

Her comments in the leaked audio, which was confirmed as authentic by both sides, struck a nerve in Thailand, and opponents accused her of compromising the country’s national interests. The Bhumjaithai party, a major partner of the prime minister’s government, withdrew from the coalition on Wednesday, dealing a major blow to her Pheu Thai party’s ability to hold power.

“Paetongtarn compromised her position as prime minister and damaged Thai national interest by kowtowing to Hun Sen,” said Thitinan Pongsudhirak, a professor of political science at Chulalongkorn University. “Her exit is a matter of time and she could be liable for further charges.”

The handling of the border dispute has also stoked nationalist fervor in both countries. In Thailand, conservative forces have called for Paetongtarn to face charges and resign. In Cambodia, thousands of people joined a government-organized rally last week in solidarity with the government and military over the issue.

Thailand and Cambodia have had a complicated relationship of both cooperation and rivalry in recent decades. The two countries share a 508-mile (817-kilometer) land border – largely mapped by the French while they occupied Cambodia – that has periodically seen military clashes and been the source of political tensions.

Paetongtarn on Wednesday tried to downplay her remarks to Hun Sen, saying at a press conference she was trying to diffuse tensions between the two neighbors and the “private” call “shouldn’t have been made public.”

The prime minister said she was using a “negotiation tactic” and her comments were “not a statement of allegiance.”

“I understand now, this was never about real negotiation. It was political theater,” she said. “Releasing this call… it’s just not the way diplomacy should be done.”

Hun Sen, the veteran leader who ruled Cambodia with an iron-fist for almost 40 years, stepped down in 2023 and handed power to his son Hun Manet.

But he remains a hugely influential figure in Cambodian politics, he currently serves as senate president and is a friend and ally of Paetongtarn’s father, the former Thai Prime Minister Thaksin Shinawatra.

Border dispute

Tensions between the two neighbors worsened last month, when a Cambodian solider was killed during a brief clash between Thai and Cambodian troops in which both sides opened fire in a contested border area of the Emerald Triangle, where Cambodia, Thailand and Laos meet.

Thai and Cambodian forces said they were acting in self-defense and blamed the other for the skirmish.

Although military leaders from Thailand and Cambodia said they wished to de-escalate, both sides have since engaged in saber-rattling and reinforced troops along the border.

Thailand took control of border checkpoints, imposed restrictions on border crossings and threatened to cut electricity and internet to Cambodia’s border towns. Cambodia in return stopped imports of Thai fruit and vegetables and banned Thai movies and TV dramas.

Cambodia also filed a request with the UN’s International Court of Justice to seek a ruling over disputed border areas with Thailand, including the site of the most recent clash.

However, Thailand does not recognize the ICJ’s jurisdiction and claims that some areas along the border were never fully demarcated, including the sites of several ancient temples.

In 2011, Thai and Cambodian troops clashed in a nearby area surrounding the 11th century Preah Vihear temple, a UNESCO World heritage site, displacing thousands of people on both sides and killing at least 20 people.

This post appeared first on cnn.com

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DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

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The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally.

Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in legitimate crypto ventures, only to be scammed by criminal networks often operating overseas.

“This seizure of $225.3 million in funds linked to cryptocurrency investment scams marks the largest cryptocurrency seizure in U.S. Secret Service history,” said Shawn Bradstreet, special agent in charge of the U.S. Secret Service’s San Francisco Field Office, in a statement.

Authorities said the network was connected to at least 400 suspected victims worldwide, including dozens in the U.S. Crypto fraud was responsible for more than $5.8 billion in reported losses last year, according to FBI data.

The seized funds are now subject to forfeiture proceedings aimed at eventually returning money to victims.

The U.S. Secret Service and FBI used blockchain analysis and other tools to trace the cryptocurrency back to stolen assets. The DOJ credited Tether, the world’s largest stablecoin issuer, for assisting in the operation.

According to the complaint, the funds were linked to the theft and laundering of money from victims of cryptocurrency investment fraud schemes, commonly known as confidence scams that often involve romance.

The network relied on hundreds of thousands of transactions to obscure the origin of the funds, using sophisticated blockchain maneuvers to conceal the flow of stolen assets.

This post appeared first on NBC NEWS

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Amazon expects to cut corporate jobs as it relies more on AI

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Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we get efficiency gains’ over time.

‘We will need fewer people doing some of the jobs that are being done today, and more people do other types of jobs,’ Jassy added in a memo to Amazon’s workforce.

The CEO of the country’s second-largest retailer and employer said Amazon is using generative AI ‘in virtually every corner of the company.’

Amazon employs more than 1.5 million people worldwide, according its most recent annual report.

This year, Amazon plans to spend $100 billion to expand AI services and data centers that power them, up from $83 billion last year.

Jassy said he believes so-called ‘AI agents’ will ‘change how we all work and live.’ While ‘many of these agents have yet to be built,’ he said, ‘they’re coming, and fast.’

He continued by saying that they will ‘change the scope and speed at which we can innovate for customers.’

Amazon currently has more than a thousand AI services and applications running inside the company or in progress of being built.

Jassy’s comments Tuesday will likely invoke fears that many corporate workers have had as artificial intelligence captures the eye of efficiency-minded executives across corporate America. A recent study from Bloomberg Intelligence said that AI could replace up to 200,000 banking jobs.

Amazon CEO Andy Jassy in New York on Feb. 26.Michael Nagle / Bloomberg via Getty Images

Artificial intelligence has also been shown to be effective at coding for software programs.

Cybersecurity firm Crowdstrike eliminted 5% of its workforce in May, saying that AI was driving ‘efficiencies across both the front and back office.’

Shopify CEO Tobi Lutke said managers at the e-commerce company will be expected to prove why they ‘cannot get what they want done using AI’ before asking for more headcount.

‘Having AI alongside the journey and increasingly doing not just the consultation, but also doing the work for our merchants is a mind-blowing step function change here,’ Lutke added.

Language learning firm Duolingo also recently said that it would replace contract workers with artificial intelligence. ‘We’ll gradually stop using contractors to do work that AI can handle,’ CEO Luis von Ahn wrote in a memo to Duolingo employees in May. ‘Headcount will only be given if a team cannot automate more of their work,’ von Ahn added.

The CEO of U.K. telecom giant BT said this week that plans to cut 40,000 jobs from the company’s workforce over the next 10 years ‘did not reflect the full potential of AI.’

This post appeared first on NBC NEWS

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3 S&P 500 Charts That Point to the Next Big Move

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Follow along with Frank as he presents the outlook for the S&P 500, using three key charts to spot bullish breakouts, pullback zones, and MACD signals. Frank compares bearish and bullish setups using his pattern grid, analyzing which of the two is on top, and explains why he’s eyeing SMCI and AMD as potential trades. From there, he wraps the show with a look at some ETF plays.

This video originally premiered on June 17, 2025.

You can view previously recorded videos from Frank and other industry experts at this link.

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Investing

Lithium Universe LtdAcquisition of Solar Panel Recycling Technology

Investing 8 Mins Read

Melbourne, Australia (ABN Newswire) – Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) has entered into a binding agreement to acquire the global rights to commercially exploit a patented photovoltaic (‘PV’) solar panel recycling technology known as ‘Microwave Joule Heating Technology’ (‘MJHT’ or the ‘Technology’).

Highlights

– Agreement to acquire global rights photovoltaic (PV) solar panel recycling technology

– ‘Microwave Joule Heating Technology’ (MJHT) from Macquarie University

– Utilises microwave technology to selectively heat and delaminate PV cells

– 60-78 million tonnes of waste photovoltaic (PV) modules cumulated by 2050

– Today only 15% of waste solar cells are recycled worldwide

– Most end up in land fill as valuable waste

– Hard to recycle, high temperature furnace, toxic chemicals, low recovery

– MJHT and Delamination enables selective separation of materials – higher recoveries

– To investigate further recovery of silver, silicon, gallium and indium

– Binding commitments received to raise $1.7 million via placement to existing and new sophisticated and professional investors

The rights will be secured via an exclusive licensing agreement (‘Licensing Agreement’) with Macquarie University (‘MQU’), held through an Australian-incorporated holding company, New Age Minerals Pty Ltd (‘NAM’). The key terms of the Licensing Agreement are set out in Schedule 1*. The transaction will be effected by LU7 acquiring 100% of the issued share capital of NAM (‘Proposed Transaction’).

The basis of the technology platform utilises microwave technology to selectively heat silicon thereby softening the EVA encapsulant in solar panels, enabling easy delamination and potential recovery of valuable materials at room temperature. This approach avoids the need for extreme heat (1400degC) typically required for separating materials like glass and silicon as well as the use of costly hazardous chemicals in traditional processes. Delamination enables selective separation of materials without the need for mechanical crushing, whereas traditional crushing methods often result in cross-contaminated material and lower recovery rates.

A report published by the International Energy Agency Photovoltaic Power Systems Programme1 projected that global waste PV modules will amount to 1.7-8.0 million tonnes cumulatively by 2030 and 60-78 million tonnes cumulatively by 2050. By 2035, Australia is expected to accumulate 1 million tonnes of solar panel waste worth over A$1 billion, while the global CIGS (Copper, Indium, Gallium, Selenide) solar cell market is projected to grow to US$12.23 billion by 2032.

Currently, only 15% of used PV cells are recycled, with the rest accumulating in landfills.

This low recycling rate is due to complex processes, high-temperature furnaces, toxic chemicals, and poor recovery yields. The Technology, developed by MQU, enhances the extraction of valuable metals such as silver, silicon, gallium, and indium from discarded PV panels using microwave and delaminating techniques. The breakthrough technology offers a promising new approach for enhanced recovery of valuable metals like Silver, Silicon, Gallium, and Indium. The Company plans to initiate further research and development in this area.

THE PROBLEM TODAY

The world’s renewable energy transition is moving fast, with large-scale PV solar panels playing a central role in national energy strategies. The global solar cell market is projected to hit US$39.81 billion by 2037, growing at a compound annual growth rate (CAGR) of around 8.2%.

Approximately 37% of Australian households have installed solar panels. This represents over 4 million homes and small businesses with solar power systems. The Clean Energy Council reports that 12.4% of Australia’s electricity generation in 2024 came from rooftop solar.

However, as these panels approach the end of their 25-30-year lifespan, the industry faces a growing challenge: managing solar panel waste and recovering valuable materials. A report published by International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) Task12 and the International Renewable Energy Agency (IRENA) in 2016 projected world’s waste PV modules globally to amount to 1,7-8,0 million tonnes cumulatively by 2030 and to 60-78 million tonnes cumulatively by 2050. By 2035, Australia alone is expected to accumulate 1 million tonnes of end-of-life solar panels, with a total material value of over $1 billion. By 2045, Australia could be looking at 34.6 GW of serviceable panels that will need to be recycled or repurposed, equivalent to the total installed solar capacity in the country as of August 2024.

LOW RECYCLING RATES

The global recycling rate for PV solar panels is around 15%, driven by several challenges. The recycling process is complex, requiring high temperatures and toxic chemicals, making it costly and energy intensive. Economic incentives are limited as the recovery of valuable materials like silicon does not provide sufficient financial returns. However, if recycling technologies can effectively attract and recover critical materials like silver, silicon, gallium, and indium, the financial viability of recycling improves, driving higher recycling rates.

Additionally, the lack of recycling infrastructure and the diverse materials in panels further complicate efficient separation, but advancements in technology are addressing these issues.

When waste PV cells aren’t recycled, they often end up in landfills, causing numerous environmental problems.

Panels can contain harmful materials like cadmium and lead, which may leak into the ground and water, posing risks to both ecosystems and human health. Valuable metals like silver, silicon, gallium, and indium are lost, adding to the strain on natural resources. As more solar panels reach the end of their life, landfills fill up, and the energy stored in these materials is wasted. Recycling can help solve these issues by recovering critical materials and cutting down on pollution.

POTENTIAL GROWTH OF PV RECYCLING INDUSTRY

The nascent PV solar panel recycling industry is experiencing rapid growth due to the increasing demand for critical metals such as silicon, silver, and indium, which hold substantial economic value. As the market for endof-life (EoL) solar panels expands, driven by both economic opportunities and environmental needs, the recovery of these materials is becoming a lucrative business. The market for recyclable materials from EoL solar panels is projected to reach over $2.7 billion by 2030 and could approach $80 billion by 2050, according to Rystad Energy. This growth is further fuelled by the fact that recovering materials from used panels can offset the need for costly and environmentally damaging virgin material extraction. Additionally, recycling helps secure a domestic supply of critical metals, reducing reliance on volatile foreign sources. Advancements in recycling technology, particularly in recovering high-value materials like silicon and silver, are making these processes more economically viable and environmentally necessary. Research has demonstrated that up to 98% of silver and nearly all of copper, lead, and other valuable metals can be recovered efficiently, enhancing the profitability of the recycling industry. As technology improves, the recycling of PV panels will play a crucial role in supporting the transition to a circular economy and sustainable energy future.

CRITICAL METALS IN PV CELLS

As the demand for critical minerals continues to rise with the global shift to clean energy, the need to recover valuable materials from these panels becomes increasingly urgent. Solar panels are made up of 95% recyclable materials, including silver, aluminum, silicon, copper, indium, and gallium-all of which are vital to global clean energy supply chains. Rare metals like gallium are essential for solar fuel cells, semiconductor chips, and other high-tech applications, making their recovery from e-waste a key priority.

COMMENTS: EXECUTIVE CHAIRMAN, IGGY TAN

‘Now that we have completed our lithium refinery DFS and secured all necessary components-including land and partnerships-we are positioned and ready for a lithium price recovery. We are confident in our counter-cyclical strategy and firmly believe that LU7 will benefit significantly when the lithium market rebounds. While awaiting this recovery, we have been presented with an exciting opportunity to acquire a cutting-edge photovoltaic recycling technology’.

‘I am thrilled about the acquisition of Macquarie University’s Microwave Joule Heating Technology (MJHT) and the opportunity to potentially extract critical metals such as silver from solar panel recycling.

The need for effective PV recycling has never been greater, with only 15% of panels currently being recycled. The mass accumulation of solar panel waste in landfills is a growing problem, as valuable critical metals like silver, silicon, gallium, and indium are left behind, contributing to both resource depletion and environmental harm. Microwave technology offers a promising solution to these challenges, enabling higher recovery rates and more sustainable recycling processes. We firmly believe that this technology represents the future of solar panel waste management. We are eager to collaborate with the Macquarie team to develop a more efficient and cost-effective recycling process’.

*To view the full release with tables and figures, please visit:
https://abnnewswire.net/lnk/A0938OHA

To view the Market Presentation, please visit:
https://www.abnnewswire.net/lnk/JJ10ITOI

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe’s mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.

Source:
Lithium Universe Ltd

Contact:
Alex Hanly
Chief Executive Officer
Lithium Universe Limited
Tel: +61 448 418 725
Email: info@lithiumuniverse.com

Iggy Tan
Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

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Investing

Resolution Minerals LtdTo Develop U.S. Government Engagement Strategy with Clewett Global Services

Investing 5 Mins Read

Adelaide, Australia (ABN Newswire) – Resolution Minerals Ltd (ASX:RML) (FRA:NC3) (OTCMKTS:RLMLF) is pleased to announce the selection of Clewett Global Services as external affairs advisers to support the development of the Horse Heaven Antimony-Gold-Silver-Tungsten project in Idaho, USA.

Highlights

– Engagement in Washington D.C. is a critical step in positioning RML as a trusted partner in the U.S. critical minerals supply chain

– Resolution to consider applying for U.S. Department of Defense (DOD) funding to expedite Horse Heaven Project in Idaho

– Neighbouring Perpetua Resources (PPTA.NAS) was fast-tracked for development in April 2025, and received up to US$74 million in DOD funding, highlighting strong U.S. Government commitment and support for antimony and other critical metal projects

– By aligning with U.S. Government strategic priorities, RML is actively enhancing its ability to progress Horse Heaven on a faster schedule

– Antimony, Silver, Gold and Tungsten trading at record-high prices

CLEWETT GLOBAL SERVICES APPOINTED TO WORK WITH RESOLUTION TO DEVELOP U.S. GOVERNMENT ENGAGEMENT STRATEGY

The Horse Heaven Project is located directly adjacent to NASDAQ-listed Perpetua Resources’ $2 billion Stibnite Gold and Antimony Project, which recently gained final record of decision approval from the U.S. Forest Service.

Horse Heaven has strong gold, antimony and silver mineralisation in two highly prospective structurally controlled mineralised corridors, and includes past-producing antimony, tungsten and gold mines.

Historical exploration results from Horse Heaven are highly encouraging and indicate similar geological characteristics to the neighbouring Stibnite project.

Given the importance of antimony to the U.S. Government’s critical minerals strategy, Resolution Minerals is excited to develop the Horse Heaven Project and will be actively seeking the support of the U.S. Government to expedite its progress.

Founding Partner of Clewett Global Services, Todd Clewett, is a seasoned external affairs executive with a track record of success in engaging decision makers in Washington D.C. regarding mining and critical minerals projects. Clewett formerly headed up the external affairs function for both Newmont Corporation and Fortescue.

Background

The U.S. government has prioritised domestic and allied sources of key minerals such as antimony, tungsten and gallium recognising their importance to defense applications and renewable technologies.

Until now, the U.S. has relied mainly on China for the supply of many critical metals. Following China’s total ban on exports of these metals to the U.S. in late 2024, a priority of the new Administration is to shore up its own domestic supply chains of these materials.

Fast-41 Program

The FAST-41 program, established by Title 41 of the Fixing America’s Surface Transportation Act (FAST Act), is a program designed to improve the timeliness, predictability, and transparency of the federal environmental review and permitting process.

FAST-41 is designed to streamline and expedite the permitting process for infrastructure and mining projects deemed nationally significant. FAST-41 can offer benefits to project developers, including increased predictability, transparency and faster decision-making.

Some projects currently covered under FAST-41 include:

– Perpetua Resources’ (PPTA.NAS) Stibnite Gold Project in Idaho

– Stillwater Palladium & Platinum Project in Montana

– Jindalee Resources’ (ASX:JLL) McDermitt Lithium Project in Oregon

– BPH and RIO’s Resolution Copper Project in Arizona

– South32’s (ASX:S32) Hermosa Critical Minerals Project in Arizona

Resolution Minerals’ efforts to participate in the FAST-41 program follow the precedent set in April this year by next-door neighbour, NASDAQ-listed Perpetua Resources (PPTA.NAS), whose Stibnite Gold Project in Idaho became the first mining project accepted under FAST-41, and by ASX-listed Jindalee Lithium Limited (ASX:JLL), whose McDermitt Lithium Project in Oregon was also successfully fasttracked under FAST-41 in April.

2025 Budget Reconciliation Bill (‘Big Beautiful Bill’)

The proposed 2025 Budget Reconciliation Bill includes US$2.5 billion to support U.S. production of critical minerals via the National Defense Stockpile. In addition, there is US$500 million allocated to the Department of Defense Credit Program for loans, loan guarantees, and technical assistance aimed at developing reliable sources of critical minerals – both within the U.S. and among key international allies.

Congress is expected to pass this bill (in some form) by the end of July 2025. Resolution has commenced plans to pursue all its available options to apply for funding that may become available upon passing of this proposed bill.

Resolution is considering opportunities under the U.S. Department of Defense’s Title III and Industrial Base Analysis and Sustainment (IBAS) programs, which support the development of reliable and resilient supply chains for critical minerals.

RML’s Executive Director, Aharon Zaetz commented:

‘We are extremely honoured for Todd Clewett to want to work with us. We feel very excited that he shares the enthusiasm for the Horse Heaven project and sees the massive potential here. Todd’s experience in working with governments to develop mining projects will be an invaluable asset to RML.

Todd’s experience, knowledge and network in the White House provides him with an extremely rare and unique skillset that RML shareholders are extremely privileged to benefit from.

About Resolution Minerals Ltd:  

Resolution Minerals Ltd (ASX:RML) is a mineral exploration company engaged in the acquisition, exploration and development of precious and battery metals – such as antimony, gold, copper, and uranium.

Resolution Minerals Ltd Listed on the ASX in 2017 and has a broad portfolio of assets, such as the Drake East Antimony-Gold Project in north-eastern NSW and George Project prospective for silica sand and uranium.

Source:
Resolution Minerals Ltd

Contact:
Aharon Zaetz
Executive Director
Resolution Minerals Ltd
M: +61 424 743 098
ari@resolutionminerals.com

Jane Morgan
Investor Relations
Jane Morgan Management
M: +61 405 555 618
jm@janemorganmanagement.com.au

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

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British lawmakers vote to decriminalize abortion for pregnant women while America cracks down

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British lawmakers voted Tuesday to decriminalize abortion for the pregnant woman – in striking contrast to the crackdown on reproductive rights in the United States.

Lawmakers voted by an overwhelming majority to invalidate Victorian-era legislation that makes it possible to prosecute a woman for ending her pregnancy in England and Wales, though medical professionals who help terminate a pregnancy beyond certain limits will still be breaking the law.

Currently, abortion beyond the first 24 weeks of pregnancy is illegal in those two parts of the United Kingdom. Beyond that time limit, it is permitted in certain circumstances, such as when the mother’s life is at risk. While abortions are common in England and Wales, women who terminate their pregnancy outside of existing restrictions face the threat of criminal investigation, arrest, prosecution and even imprisonment.

Tuesday’s vote – which amends a draft policing and crime law – seeks to remove those threats. The amended bill needs to pass through both chambers of the UK parliament before it can become law.

The vast majority of Britons believe women should have the right to an abortion, according to YouGov surveys stretching back to 2019. The latest poll, conducted in April, showed that 88% of respondents supported that right.

US crackdown

Britain’s vote comes as its ally across the Atlantic has dramatically restricted abortion rights. Since the US Supreme Court overturned Roe v. Wade in 2022 – which had enshrined abortion as a constitutional right – many US states have introduced severe restrictions or outright bans on the practice. The changes have completely upended the landscape of reproductive health and choice in America.

Louise McCudden, UK head of external affairs at MSI Reproductive Choices, a charity providing abortions, thinks there is a connection between Tuesday’s vote and a “hostile climate” toward abortion rights in the UK driven by the changes in the US.

“On the rare occasions when you do see women who are suspected of ending a pregnancy over 24 weeks, they are invariably in extremely vulnerable situations,” she also said, noting that the women who had been investigated in the UK included domestic abuse survivors, potential trafficking survivors and women who’d had miscarriages and stillbirths.

However, the UK’s Society for the Protection of Unborn Children strongly condemned Tuesday’s vote.

“If this clause becomes law, a woman who aborts her baby at any point in pregnancy, even moments before birth, would not be committing a criminal offense,” Alithea Williams, the society’s public policy manager, said in a statement Tuesday.

“Now, even the very limited protection afforded by the law is being stripped away,” she added.

This post appeared first on cnn.com

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Since Israel began its concerted attack on Iran, calls for regime change have grown louder, with US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu raising the possibility of targeting Tehran’s all-powerful leader, Ayatollah Ali Khamenei.

Many Iranians have firsthand experience with the United States enforcing a regime change in their country.

Here’s what happened:

Oil fields: In 1953, the US helped stage a coup to overthrow Iran’s democratically elected prime minister Mohammad Mossadegh.

He had pledged to nationalize the country’s oil fields – a move the US and Great Britain saw as a serious blow, given their dependence on oil from the Middle East.

Height of the Cold War: The move to nationalize was seen as popular in Iran and a victory for the then-USSR.

Strengthen Shah rule: The coup’s goal was to support Iran’s monarch, Mohammad Reza Pahlavi, to rule as Shah of Iran, and appoint a new prime minister, Gen. Fazlollah Zahedi.

The coup: Before the coup, the CIA, along with the British Secret Intelligence Service (SIS), helped foment anti-Mossadegh fervor using propaganda. In 1953, the CIA and SIS helped pull pro-Shah forces together and organized large protests against Mossadegh, which were soon joined by the army.

US cash: To provide Zahedi, the country’s new prime minister, with some stability, the CIA covertly made $5,000,000 available within two days of him taking power, documents showed.

US acknowledgement: In 2013, declassified CIA documents were released, confirming the agency’s involvement for the first time. But the US role was known: Former President Barack Obama acknowledged involvement in the coup in 2009.

It backfired: After toppling Mossadegh, the US strengthened its support for Pahlavi to rule as Shah. Iranians resented the foreign interference, fueling anti-American sentiment in the country for decades.

Islamic Revolution: The Shah became a close ally of the US. But in the late 1970s, millions of Iranians took to the streets against his regime, which they viewed as corrupt and illegitimate. Secular protesters opposed his authoritarianism, while Islamist protesters opposed his modernization agenda.

The Shah was toppled in the 1979 Islamic revolution, which ended the country’s Western-backed monarchy and ushered in the start of the Islamic Republic and clerical rule.

This post appeared first on cnn.com

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