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The Pentagon Partners With REalloys, Hudbay Corners Arizona Copper, And Cashing Up For Synthetic Jet Fuel

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REalloys Wins Rare Earth Magnet Contract From The Pentagon

The United States Defense Logistics Agency has awarded REalloys (NASDAQ: ALOY) a new contract to design a modular plant to produce samarium and gadolinium metal for rare earth magnets located in Ohio. REalloys has publicly stated that they are the first company located in America that is capable of re-establishing domestic production of samarium and gadolinium metal at commercial scale, which the United States government has previously relied entirely on foreign countries for supply.

Hudbay Minerals Is Buying Out Arizona Sonoran Copper

Hudbay Minerals (NYSE: HBM) entered into an agreement to acquire Arizona Sonoran Copper (TSX: ASCU) in a $1.48B USD all stock deal at $9.35 CAD per share. Arizona Sonoran Copper’s flagship asset the Cactus-Parks project is one of the largest copper deposits in the United States and contains roughly 11 billion pounds of copper located on private land near Casa Grande, Arizona,

Syntholene Energy Raises Fresh Funding For Synthetic Jet Fuel

Syntholene Energy (TSXV: ESAF) successfully raised $3.75 million CAD in a new equity financing round. The company has developed new leading edge technology for synthetic jet fuel production known as their Hybrid Thermal Production System that uses combined heat and electricity to produce synthetic fuel at a 70% lower cost than other competing technologies.

Streamex: Disrupting Gold Ownership With GLDY

Streamex (NASDAQ: STEX) has officially launched their gold backed stablecoin known as GLDY, one of the first ever stablecoins that is fully backed 1:1 by physical gold and generates a passive yield for investors.

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