Australian Vanadium Limited’s Post

Today Centrus President and CEO Amir Vexler announced that we are restarting centrifuge manufacturing and expanding capacity at our centrifuge manufacturing facility in Oak Ridge, Tennessee — laying the groundwork to support a potential large-scale expansion of our uranium enrichment facility in Piketon, Ohio. We will invest approximately $60 million in this effort over the next 18 months, to jump-start what we hope will grow into a multi-billion dollar public and private investment in restoring America’s uranium enrichment capacity at a large scale. That’s what we are working toward … and we’ll do it with American technology, built by American workers in Oak Ridge, and supported by a nationwide supply chain of American companies in at least 13 states. https://lnkd.in/eRZe_qAp

via Grafa Widgie Nickel Limited revealed a new high-grade lithium prospect, "Gemini," expanding the known lithium trend in the Mt Edwards Project by 1.2km. The Gemini prospect, 600m north of Atomic 3, and assay results from Voyager highlight substantial #lithium potential. Rock chip assays, including 1.87% Li2O and 1.69% Li2O at Gemini, affirm its significance, along with findings at Atomic 3 (4.11% Li2O) and Voyager (3.29% Li2O). The results suggest a lithium-bearing pegmatite dyke swarm. Learn more: https://loom.ly/9odwYR8 #WIN #WidgieNickel #ASX

Rio Tinto Eyes Arcadium Lithium Rio Tinto (ASX:RIO) has confirmed that it is considering acquiring Arcadium Lithium (ASX:LTM), a move that sent Arcadium's shares soaring by 50%. Meanwhile, the medical technology company Pro Medicus (ASX:PME) has renewed a significant contract with the US-based Mercy Health.  In other economic news, the Australian dollar has experienced a significant decline following the release of a strong US jobs report last Friday. #FinanceNews #asxupdates #economicnews #businessnews

The global helium market is undergoing a shift in power dynamics. Read Phil Kornbluth, from Kornbluth Helium Consulting, LLC, thoughts on the matter. #gasworldUS #repost #helium #industrialgas https://lnkd.in/eX-RVSg8

As the world increasingly demands uranium, it would be a grave disservice to future Australian generations and the global community if Australia, possessing the largest uranium reserves, fails to develop enrichment facilities and establish a robust supply chain market.

Outstanding news for East Tennessee and Southern Ohio. Centrus is moving forward to ensure our Country is not reliant on foreign owned companies or other nations to supply Enriched Uranium for commercial needs and National Security needs. #MoveForward #GoNuclear #CentrusEnergyCorp.

Bradda Head reports lithium shows in new San Domingo target @BraddaLithium #AIM #OTC #TSXV #BHL #BHLIF #BHLI. Bradda Head Lithium Ltd (AIM:BHL, OTC:BHLIF, TSX-V:BHLI) has recorded lithium shows from channel samples at a new target on its San Domingo pegmatite project in central Arizona. Two prospects at the Dragon target indicated 8.8m of 0.97% Lithium Oxide (Li2O) and 10.40 meters of 0.68% Li2O on the same pegmatite. Elevated caesium (Cs) was also consistently present and elevated in the channel and rock chip samples, with Cs an important element for the US Department of Energy (DOE). Drill hole permitting has now started at Dragon for up to 40 sites to test... http://ow.ly/YHL6105HuyG

Is this a significant development? On the face of it, potentially. There are two sides to every story, of course. What I can say is, this is a trending story at gasworld this week, even in the face of other #market ructions, and throws further spotlight on the global #helium business – and that security of supply. The only place you can get all the angles on helium supply chains, all the #intelligence and #insights, all the discussion, debate and #networking that matters, with players new and old, is at the Helium Super Summit in Houston this October. Check out https://lnkd.in/ehuTAyFz for more info. Shameless plug? Maybe, but it's the leading, authoritative #event for the global helium business and has been for more than a decade. There's a reason for that. And a continually shifting market like this requires those insights, that intelligence, and those evolving connections within the industry on a regular basis.

Messer Americas has said that fellow industrial gas giant Air Products could deprive numerous third parties’ access to privately-owned helium stored at the Federal Helium System. “Without helium, MRI machines cannot run, semiconductor chips cannot be made, and space rockets cannot launch. Not to mention national defence, and economic security could be impacted, as the largest foreign suppliers of helium (Qatar and Russia) are subject to disruption by geopolitical events and trade restrictions.” Chris Ebeling, Executive Vice-President of Sales and Marketing at Messer Americas, noted the importance of helium for many critical industries that this could impact. Read more in this feature below 👇 #gasworldUS #industrialgas #helium #heliumsupplychain

In a challenging market, uranium miners have been one of the bright spots. Read my latest article on Nasdaq to learn why we believe there is still opportunity to participate in the uranium bull market. https://lnkd.in/e4uCkVvu