The Energy Report - Exclusive Articles Full Text

The Energy Report - Exclusive Articles Full Text https://www.theenergyreport.com/ Featuring investment coverage of fossil, renewable and alternative energies. Copyright 2011, Streetwise, Inc. DHT Holdings Inc. Refinancing Fuels Tanker Growth https://www.streetwisereports.com/article/2026/06/27/dht-holdings-inc-refinancing-fuels-tanker-growth.html Source: <a href="https://www.streetwisereports.com/article/2026/06/27/dht-holdings-inc-refinancing-fuels-tanker-growth.html?utm_medium=feed">Streetwise Reports 06/27/2026</a> DHT Holdings Inc. secures a new US$250 million credit facility to optimize its balance sheet. Explore why this VLCC tanker operator could offer value as energy demand rises and rates stay elevated.Independent crude oil tanker company DHT Holdings Inc. (DHT:NYSE) announced the establishment of a new US$250 million revolving credit facility managed by Nordea Bank Abp, which will also serve as the agent and security agent, <a href="https://www.dhtankers.com/dht-holdings-inc-announces-new-250-million-revolving-credit-facility/" target="_blank" rel="noopener">according to a June 4 release</a>. The move comes as global energy markets navigate shifting supply routes and sustained demand for crude transportation. Retail investors are watching the crude tanker sector closely because reliable shipping capacity remains essential for energy security. DHT Holdings Inc. stands out in this environment due to its modern fleet and conservative financial approach. <h2 style="text-align: center;">Why DHT Holdings Inc. (DHT) Stands Out in the Current Market</h2> The energy sector has experienced volatility from geopolitical events, yet tanker operators with efficient operations continue to benefit from steady crude flows. DHT Holdings Inc. has positioned itself well by maintaining a balanced employment strategy that mixes spot market exposure with longer-term contracts. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>DHT Holdings Inc. completed a US$250 million revolving credit facility that extends debt maturities to 2033 at attractive rates.</li> <li>The company operates primarily in the VLCC segment, where limited new vessel supply supports higher day rates for at least the next two to three years.</li> <li>Analysts estimate a fair value near US$36, implying significant upside from recent trading levels if earnings hold.</li> <li>Shareholders recently elected a new director and ratified Ernst & Young AS as auditor with strong support.</li> <li>Institutional ownership exceeds 80 percent, providing a stable base while retail investors can consider entries on price weakness.</li> <li>Four newbuild VLCCs are scheduled for delivery in 2026, three of which are already contributing to earnings.</li> </ul> <h2 style="text-align: center;">Business Model and Operational Advantages</h2> DHT Holdings Inc. focuses on VLCCs, the largest class of crude carriers. These vessels offer economies of scale on long-haul routes. The firm manages operations from offices in Monaco, Norway, Singapore, and India, allowing close coordination with major oil companies that view DHT as a preferred provider. The fleet strategy combines market exposure with fixed-rate charters, helping smooth earnings across cycles. This approach has allowed the company to navigate periods of lower oil prices while still capturing upside when tanker demand strengthens. <h2 style="text-align: center;">Recent Catalysts and Financial Moves</h2> The new credit facility carries an interest rate of SOFR plus 135 basis points and features a US$250 million uncommitted accordion option. It will be used for general corporate purposes, including refinancing older debt. <a href="https://www.dhtankers.com/dht-holdings-inc-announces-new-250-million-revolving-credit-facility/" target="_blank" rel="noopener">According to a June 4 release, </a>the seven-year tenor with a 20-year repayment profile improves liquidity and extends the maturity profile at favorable terms. <a href="https://www.dhtankers.com/dht-holdings-inc-announces-the-results-of-the-2026-annual-meeting-of-shareholders/" target="_blank" rel="noopener">At the June 18 annual meeting</a>, shareholders representing about 63 percent of shares voted. Jeremy Kramer was elected as a Class I director, and Ernst & Young AS was ratified as auditor with nearly 100 percent support. <h2 style="text-align: center;">Industry Timing and Supply Dynamics</h2> Years of limited new tanker construction have kept the order book low relative to demand. Although new orders have risen, it will take several years for additional vessels to reach the water. DHT Holdings Inc. took delivery of four newbuilds timed to benefit from current high rates. AI-driven electricity demand is expected to support long-term energy consumption, adding a structural tailwind beyond traditional oil use. Even if short-term oil prices moderate, the need to rebuild strategic inventories should keep VLCC utilization elevated. <h2 style="text-align: center;">Analyst Views and Valuation Considerations</h2> According to a general report on the company by Simply Wall St. that was published by Sahm Capital on June 18, the share price has delivered a 54 percent year-to-date return and a 66 percent one-year total return. The same analysis places fair value at approximately US$36 using a conservative 10 times trough-cycle multiple on normalized earnings. <a href="https://www.sahmcapital.com/news/content/dht-holdings-dht-stock-could-be-497-undervalued-after-new-250-million-credit-facility-2026-06-18" target="_blank" rel="noopener">According to a general report on the company by Simply Wall St. that was published by Sahm Capital on June 18</a>, investors are advised to monitor day-rate trends and route normalization risks. [OWNERSHIP_CHART-10705] <h2 style="text-align: center;">Share Structure and Ownership Profile</h2> 1Management and insiders hold roughly 1.5 percent, institutions own about 81 percent, and holding companies account for 4 percent, with the balance held by retail investors. Market capitalization stands at US$3.12 billion based on 161.04 million shares outstanding. The stock has traded between US$10.61 and US$20.55 over the past 52 weeks. <h2 style="text-align: center;">Common Questions from Investors</h2> <ul> <li>What is a VLCC? A Very Large Crude Carrier is a tanker designed to carry roughly two million barrels of oil, offering cost advantages on major trade routes.</li> <li>How does the new credit facility help? It lowers borrowing costs, extends debt maturities to 2033, and provides flexibility through an accordion feature.</li> <li>Are tanker rates sustainable? Limited vessel supply and ongoing inventory rebuilding support expectations for firm rates over the next two to three years.</li> <li>What risks should investors watch? A faster return of oil prices to lower levels or quicker route normalization could pressure earnings.</li> <li>Is DHT undervalued? Some models suggest a fair value near US$36, though this depends on sustained earnings power and assumes a conservative multiple.</li> </ul> Oil prices have returned to pre-conflict levels as tanker traffic through the Strait of Hormuz increased, <a href="https://www.theguardian.com/business/2026/jun/25/oil-price-falls-pre-iran-war-levels-more-tankers-exit-strait-of-hormuz" target="_blank" rel="noopener">Julia Kollewe and Graeme Wearden wrote for The Guardian on June 25</a>. This development eases immediate supply concerns yet does not change the structural shortage of modern tonnage. This year's oil shock is the worst since the Arab oil embargo against the U.S. and other Western nations over their support for Israel in the 1973 Mideast war, said Paul Sankey, an independent analyst at Sankey Research, <a href="https://www.cnbc.com/2026/03/28/iran-war-oil-companies-price-gas-diesel-strait-hormuz.html" target="_blank" rel="noopener">according to a report by Spencer Kimball for CNBC on March 28</a>. As the U.S.-Israel war in Iran unfolds, its repercussions are being felt globally, impacting the financial stability of firms, families, and governments due to the rising cost of living, <a href="https://www.bbc.com/news/articles/ce8pyyz5e0ro" target="_blank" rel="noopener">as reported by Archie Mitchell for the BBC on May 8</a>. For long-term holders of DHT Holdings Inc., disciplined capital allocation and a modern fleet remain the core investment case. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31627"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31627" width="0" height="0"> ( Companies Mentioned: DHT:NYSE, ) Sat, 27 Jun 2026 00:00:00 PST Comstock Inc. Advances Solar Recycling After Asset Sale https://www.streetwisereports.com/article/2026/06/27/comstock-inc-advances-solar-recycling-after-asset-sale.html Source: <a href="https://www.streetwisereports.com/article/2026/06/27/comstock-inc-advances-solar-recycling-after-asset-sale.html?utm_medium=feed">Streetwise Reports 06/27/2026</a> Comstock Inc. completes a US$45 million mining asset sale to focus on solar panel recycling growth. Discover the transaction details, market opportunity, and what it means for investors.The solar panel recycling sector is expanding rapidly as global demand for clean energy rises and end-of-life photovoltaic waste increases. <a href="https://about.bnef.com/insights/clean-energy/bloombergnefs-new-energy-outlook-2026-transition-to-newer-technologies-expanded-electrification-to-strengthen-nations-energy-security/" target="_blank" rel="noopener">BloombergNEF</a> projects solar power becoming the world's largest electricity source by 2032. This creates a clear opportunity for companies positioned to recover valuable materials such as silver, aluminum, and silicon from retired panels. Comstock Mining Inc. (LODE:NYSE) has executed a strategic shift by divesting its traditional mining holdings. The move allows the company to concentrate resources on its renewable metals platform, which centers on extracting and reusing critical minerals from solar panels. Retail investors evaluating LODE stock should understand how this pivot aligns with broader industry trends in sustainable materials recovery. <h2 style="text-align: center;">Transaction Details and Strategic Rationale</h2> On June 22, 2026, Comstock Mining Inc. (LODE:NYSE) announced it had entered a Securities Purchase Agreement to transfer its mineral, mining, processing, and related real estate assets to Mackay Precious Metals Inc., a subsidiary of Mackay Gold and Silver Corp. (MACK:TSXV; MKGSF:OTCMKTS). The deal carries an aggregate value exceeding US$45 million and includes cash, equity, a retained royalty, and liability transfers. This structure provides non-dilutive capital while preserving upside exposure. The agreement encompasses all Comstock subsidiaries, including Comstock Mining LLC, Comstock Processing LLC, Comstock Exploration and Development LLC, and Comstock Real Estate Inc. It follows Mackay's earlier lease of northern targets in 2023 and subsequent purchase in December 2024. Upon closing, Comstock receives US$20 million cash plus two million shares of Mackay Gold and Silver valued at US$3.5 million, with a further US$7 million payment due within 18 months. A contingent US$10 million payment may also apply, and the retained 1.5% NSR royalty (Net Smelter Return royalty, which pays a percentage of mineral sales revenue) carries a doubled buy-out value of US$7 million if the contingent payment does not materialize. All reclamation obligations transfer to the buyer. <h2 style="text-align: center;">Why the Pivot Strengthens Comstock's Position</h2> Comstock now directs its efforts toward commercializing technologies that recover metals from end-of-life photovoltaics. The company defines its mission as innovating supply chains that convert under-utilized resources into reusable metals, including silver, aluminum, gold, and other critical minerals. This business model reduces exposure to traditional mining costs and regulatory burdens while targeting a high-growth circular economy segment. The solar panel recycling market is forecast by <a href="https://www.marketsandmarkets.com/Market-Reports/solar-panel-recycling-market-2927896.html" target="_blank" rel="noopener">Markets&Markets</a> to rise from US$0.46 billion in 2025 to US$1.12 billion by 2030, reflecting a 19.5% compound annual growth rate. Industry analysts note a shift from bulk recycling toward high-value recovery processes that extract lower-mass but higher-value materials such as silver and silicon at greater purity levels, according to a June 8, 2026, report from <a href="https://www.fortunebusinessinsights.com/industry-reports/solar-panel-recycling-market-101756" target="_blank" rel="noopener">Fortune Business Insights</a>. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>The US$45 million-plus transaction delivers immediate liquidity and simplifies Comstock's operations by removing legacy mining liabilities.</li> <li>Comstock retains equity upside through Mackay shares and a 1.5% NSR royalty on future production from the sold assets.</li> <li>The company's core focus is now solar panel recycling, a sector projected to expand at nearly 20% annually through 2030.</li> <li>New facilities, including a planned plant in Cambridge, Ohio, supported by a US$75,000 grant, are expected to create jobs and expand processing capacity.</li> <li>Investors should monitor execution risk in scaling recycling operations and the company's ability to achieve economic recovery rates at commercial volumes.</li> <li>Analyst sentiment is mixed, with some viewing the simplification positively while others maintain cautious ratings.</li> </ul> <h2 style="text-align: center;"> Perspectives and Market Reaction</h2> Commentator Dominic Frisby highlighted the transaction as a necessary step that removes a long-standing criticism of Comstock's asset base. He noted the company now holds its bioleum sustainable aviation fuel initiative, recycling operations, and real estate, with future performance likely tied most closely to proving scalable, economic solar panel recycling. [OWNERSHIP_CHART-2568] <a href="https://www.marketbeat.com/stocks/NYSEAMERICAN/LODE/forecast/" target="_blank" rel="noopener">MarketBeat</a> reported that UBS Group issued a Reduce rating on June 22, 2026, without a price target, while <a href="https://www.theglobeandmail.com/investing/markets/stocks/CRK/pressreleases/2511993/ubs-reaffirms-their-sell-rating-on-comstock-resources-crk/" target="_blank" rel="noopener">The Globe and Mail</a> confirmed the Sell stance. <h2 style="text-align: center;">Expansion Plans and Industry Timing</h2> On June 24, 2026, Comstock announced the selection of Cambridge, Ohio, for a new recycling facility in partnership with JobsOhio and OhioSE. The project, backed by the grant, aims to create 20 full-time positions. This development aligns with accelerating demand for domestic recycling infrastructure as solar installations reach end-of-life in greater numbers. <h2 style="text-align: center;">Ownership and Share Information</h2> Comstock Inc. maintains a market capitalization of US$312.00 million based on 79.51 million shares outstanding. The 52-week trading range spans US$2.24 to US$4.98. 1Institutional investors hold 47.21% of shares, management and insiders own 3.12%, and retail investors account for the remaining 49.67%. <h2 style="text-align: center;">Common Questions from Investors</h2> <ul> <li>What is an NSR royalty? A Net Smelter Return royalty entitles the holder to a percentage of the net revenue from mineral sales after certain costs, providing ongoing exposure without operational responsibility.</li> <li>Why is solar panel recycling growing so quickly? Rising solar deployments combined with panel replacement cycles and regulatory emphasis on circular economy practices are driving demand for metal recovery services.</li> <li>Does Comstock still hold mining exposure? The recent transaction transfers the majority of mining assets and liabilities, leaving the company primarily focused on recycling and related renewable metals activities.</li> <li>What risks should investors consider? Key considerations include execution on facility scale-up, commodity price volatility for recovered metals, and the mixed analyst ratings currently in place.</li> </ul> Comstock's transformation positions it within a fast-evolving segment of the clean energy supply chain. Retail investors can follow upcoming milestones around facility development and operational metrics to assess progress toward commercial-scale recycling. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31626"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31626" width="0" height="0"> ( Companies Mentioned: LODE:NYSE, ) Sat, 27 Jun 2026 00:00:00 PST Tanker Co. Secures Major US$250M Credit Facility for Global Fleet https://www.streetwisereports.com/article/2026/06/24/tanker-co-secures-major-us-250m-credit-facility-for-global-fleet.html Source: <a href="https://www.streetwisereports.com/article/2026/06/24/tanker-co-secures-major-us-250m-credit-facility-for-global-fleet.html?utm_medium=feed">Streetwise Reports 06/24/2026</a> Independent crude oil tanker company DHT Holdings Inc. (DHT:NYSE) announces the results of shareholder voting as the stock has risen despite a bumpy ride in the sector.Independent crude oil tanker company DHT Holdings Inc. (DHT:NYSE) announced the establishment of a new US$250 million reducing revolving credit facility managed by Nordea Bank Abp, which will also serve as the agent and security agent, <a href="https://www.dhtankers.com/dht-holdings-inc-announces-new-250-million-revolving-credit-facility/" target="_blank" rel="noopener">according to a June 4 release</a>. The facility will mature in June 2033, has a seven-year tenor, and is structured with a 20-year repayment profile. It carries an interest rate of SOFR plus a margin of 135 basis points and includes a US$250 million uncommitted accordion feature, enhancing the financial adaptability of the company. The syndicate of lenders involved includes prominent financial institutions such as ING Bank N.V., DNB Bank ASA, ABN AMRO Bank N.V., Crédit Agricole Corporate and Investment Bank, Danish Ship Finance A/S, and Skandinaviska Enskilda Banken AB, the release said. “We are pleased to complete this refinancing together with our strong and supportive group of leading shipping banks," DHT President and Chief Executive Officer Svein Moxnes Harfjeld said. "The facility strengthens our liquidity profile and extends maturities at attractive terms.” The facility is designated for general corporate purposes, which include the refinancing of existing debts, thereby further optimizing DHT's capital structure. <h2 style="text-align: center;">Shareholders Elect Director, Appoint Accounting Firm</h2> <a href="https://www.dhtankers.com/dht-holdings-inc-announces-the-results-of-the-2026-annual-meeting-of-shareholders/" target="_blank" rel="noopener">In a June 22 release</a>, the company announced the results of its 2026 Annual Meeting of Shareholders on June 18 to vote on the election of a director and the appointment of an accounting firm. While oil prices have seen volatility since the start of the conflict in the Middle East, DHT has seen some success recently, with shares going up about 20% this month. At the meeting, shareholders representing approximately 63.03% of DHT's issued and outstanding common shares as of April 23, the record date, were present or represented by proxy, totaling 101,497,532 common shares. Firstly, Jeremy Kramer was elected to DHT's Board of Directors as a Class I director for a three-year term. The election saw 70,975,622 votes in favor, which represented 69.93% of the total votes cast, with 26,847,647 votes withheld and 3,674,263 broker non-votes. Secondly, the shareholders ratified the appointment of Ernst & Young AS as DHT's independent registered public accounting firm for the fiscal year ending December 31. This decision received overwhelming support with 101,354,521 votes in favor, representing 99.86% of the votes cast, alongside 80,357 votes against and 62,654 abstentions. DHT is known for its international operations primarily within the VLCC (Very Large Crude Carrier) segment and is managed through integrated offices located in Monaco, Norway, Singapore, and India. DHT is recognized for its seasoned approach to business, focusing on operations and customer service, quality vessels, and a prudent capital structure that navigates through business cycles effectively, the release noted. The company's strategic fleet employment includes a mix of market exposure and fixed income contracts. <h2 style="text-align: center;">'Our Tanker Stock Is Breaking Out'</h2> Ron Struthers noted in the June 24 edition of his Struthers Report that when the energy sector surged during the Ukraine war, it retained much of its gains even as oil prices dropped from US$115 to US$70 in 2022. Throughout 2023 to 2025, energy stocks remained elevated but exhibited little movement, essentially trading sideways. Currently, the next phase of the energy bull market appears to be underway, though many view it as a temporary spike and anticipate a subsequent decline. "AI and data center demand is going to be bullish for energy in the years to come," wrote Struthers. "However, when the AI bubble pops, energy will still be trying to catch up and should remain bullish." DHT is a case in point, he said. "Despite oil prices coming down, our tanker stock is breaking out to new highs." Struthers said he entered at US$17.48 per share before it made a run to US$19.96 on June 23. The stock was at US$18.17 at the time of writing. He recommended buying the stock only "on weakness." The tanker market has been tight due to years of underinvestment and industry consolidation. Although the order book for new builds is at record levels, it will take years for these new tankers to enter the market. DHT Holdings has capitalized on this situation with excellent timing, taking delivery of four new builds in 2026, three of which are already operational and benefiting from the current high tanker rates, Struthers said. DHT maintains close relationships with several major oil companies and is considered a preferred tanker service provider. "We are not out of the woods yet with the Iran war. Anything can still happen, and regardless, strategic inventories will have to be rebuilt and no doubt expanded," Struthers wrote. "Tight markets for VLCC bunker fuels and high fuel costs are a big obstacle for new players to start up and enter the market. I expect high tanker rates for at least two or three years with inventory rebuilding and before the large order book of new builds starts to come on the market." <h2 style="text-align: center;">Website: Is DHT Holdings Undervalued?</h2> <a href="https://www.sahmcapital.com/news/content/dht-holdings-dht-stock-could-be-497-undervalued-after-new-250-million-credit-facility-2026-06-18" target="_blank" rel="noopener">According to a general report on the company by Simply Wall St. that was published by Sahm Capital on June 18</a>, the new US$250 million credit facility is designed to reshape the company's debt maturity profile and enhance liquidity for general corporate purposes, including refinancing. The company's share price has shown strong performance over broad timeframes, with a seven-day return of 9.1%, a year-to-date return of 54.26%, and a one-year total shareholder return of 66.35%, the piece noted. The recent financial restructuring raises a critical question for investors and market watchers: Is DHT Holdings currently undervalued, or does the current price already reflect anticipated future growth? The most popular narrative among analysts suggests that DHT Holdings is significantly undervalued, with a fair value estimation of US$36, based on tanker rate strength and earnings power, Simply Wall St. said. This valuation represents a potential 95% gain from its price at the time the story was written and was calculated using a conservative 10x multiple (trough-cycle trading) on annualized earnings per share, adjusted by average industry multiples. "However, investors still need to weigh risks, including a sharp pullback in tanker day rates or quicker than expected normalization of shipping routes that reduces earnings power," the story said. <h2 style="text-align: center;">The Catalyst: Oil Prices Returning to Earth?</h2> Oil prices have returned to levels seen before the onset of the Iran war, driven by an increase in oil tanker activity through the Strait of Hormuz, <a href="https://www.theguardian.com/business/2026/jun/25/oil-price-falls-pre-iran-war-levels-more-tankers-exit-strait-of-hormuz" target="_blank" rel="noopener">Julia Kollewe and Graeme Wearden wrote for The Guardian on June 25</a>. Brent crude, the international benchmark, dipped to US$72.24 a barrel on Thursday, marking a slight decrease from the day before the U.S. and Israel initiated missile strikes on Tehran on February 28. This month alone, prices have plummeted by more than 20%. The price for Brent crude for August delivery was trading lower than that for September, which was priced at US$73.59, suggesting an ample short-term supply. The volume of vessel traffic in the Strait of Hormuz, a crucial maritime route, has doubled in the past 24 hours, reaching its highest level since late February, as reported by CNN and MarineTraffic, The Guardian said. Ipek Ozkardeskaya, a senior analyst at Swissquote, noted that the visible transit of vessels with their satellite signals turned on has contributed to the downward pressure on oil prices. She explained that a mix of strategic inventory releases, reduced demand from China, and a significant number of tankers leaving the Persian Gulf undetected had led to a slight oversupply in key markets. Susannah Streeter, chief investment strategist at Wealth Club, commented on the broader implications of the easing tensions, stating, "Fears of a long-lasting global energy crunch induced by the Iran conflict are slinking away, with oil prices sinking back towards pre-crisis levels." She said this decline in oil prices has alleviated concerns about another inflationary shock, positively impacting stock markets in Europe and the United States, the article said. The pan-European Stoxx 600 and the Dow Jones both reached record highs on Thursday.[OWNERSHIP_CHART-10705] This year's oil shock is the worst since the Arab oil embargo against the U.S. and other Western nations over their support for Israel in the 1973 Mideast war, said Paul Sankey, an independent analyst at Sankey Research, <a href="https://www.cnbc.com/2026/03/28/iran-war-oil-companies-price-gas-diesel-strait-hormuz.html" target="_blank" rel="noopener">according to a report by Spencer Kimball for CNBC on March 28</a>. "This is the worst I've seen," said Sankey, who started his career at the International Energy Agency in 1990. "We've seen nothing like this, possibly since 1973. We've never seen the Straits of Hormuz shut." As the US-Israel war in Iran unfolds, its repercussions are being felt globally, impacting the financial stability of firms, families, and governments due to the rising cost of living, <a href="https://www.bbc.com/news/articles/ce8pyyz5e0ro" target="_blank" rel="noopener">as reported by Archie Mitchell for the BBC on May 8</a>. The oil and gas sector has experienced the most pronounced economic impact from the war, witnessing a sharp increase in energy prices. This surge has notably benefited some of the world's largest oil and gas companies, particularly European giants with trading divisions capable of capitalizing on the rapid price fluctuations to boost their earnings significantly. For instance, BP reported a more than doubling of its profits to US$3.2 billion for the first quarter of the year, attributing it to an "exceptional" performance by its trading division. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 1.5% of the company is owned by management insiders, about 81% by institutions, and about 4% by holding companies. The rest is retail. Its market cap is US$3.12 billion with 161.04 million shares outstanding. It trades in a 52-week range of US$10.61 and US$20.55. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31619"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31619" width="0" height="0"> ( Companies Mentioned: DHT:NYSE, ) Wed, 24 Jun 2026 00:00:00 PST Mining Co. Sells Assets for US$45M, Pivots to Solar Recycling https://www.streetwisereports.com/article/2026/06/25/mining-co-sells-assets-for-us-45m-pivots-to-solar-recycling.html Source: <a href="https://www.streetwisereports.com/article/2026/06/25/mining-co-sells-assets-for-us-45m-pivots-to-solar-recycling.html?utm_medium=feed">Streetwise Reports 06/25/2026</a> Comstock Mining Inc. (LODE:NYSE) sells mining assets, freeing capital to scale its solar panel recycling business as the sector grows toward US$1.12B by 2030.Comstock Mining Inc. (LODE:NYSE) announced on June 22, 2026, that <a href="https://www.stockwatch.com/News/Item/U-z9750203-U!LODE-20260622/U/LODE" target="_blank" rel="noopener">it has entered a Securities Purchase Agreement</a> (SPA) to sell its mineral, mining, processing, and related mining district real estate to Mackay Precious Metals Inc., a subsidiary of Mackay Gold and Silver Corp. (MACK:TSXV; MKGSF:OTCMKTS). The transaction will have an aggregate value of over US$45 million, consisting of: <ul> <li>US$30 million in cash and stock payments</li> <li>A retained 1.5% NSR royalty</li> <li>The assumption of all reclamation obligations and liabilities</li> <li>An additional contingent future payment of US$10 million</li> </ul> It is important to note that "If the contingent payment does not occur, the value of the NSR buy-out doubles to US$7 million." All subsidiaries of Comstock — Comstock Mining LLC., Comstock Processing LLC., Comstock Exploration and Development LLC., and Comstock Real Estate Inc. — will be part of the transaction. This agreement comes after Mackay successfully leased Comstock's Northern targets in 2023, followed by the purchase of those properties in December 2024. Upon closing, Comstock will receive US$20 million in cash and two million shares of Mackay Gold & Silver, which are currently valued at US$3.5 million. A second-tranche payment of US$7 million will be due within 18 months. "This transaction achieves a critical milestone in our transformation from a hard rock, junior mining company to our growing, global, renewable metals and materials company, that potentially unlocks high value for our shareholders, delivers and reallocates non-dilutive capital to fund that growth, simplifies our business model and reduces costs while retaining real upside through both equity in MACK and potential future NSR royalties," said Corrado De Gasperis, Comstock's CEO, in the release. “Mackay has now assembled a historic, world-class district with highly sophisticated capital partners, board members, and management, coupled with a geological development plan that we support and remain vested in, to potentially unlock the discovery of millions of gold and silver ounces and the associated potential share value across the entirety of the historic mining district. We support all of Darwin's and the Mackay team's plans." Comstock's future now lies in the solar panel recycling portion of its business, and the company describes itself as one that "innovates and commercializes technologies, systems and supply chains that enable, support and sustain clean energy systems by efficiently, effectively, and expediently extracting and converting under-utilized natural resources into reusable metals, like silver, aluminum, gold, and other critical minerals, primarily from end-of-life photovoltaics." <h2 style="text-align: center;">Extracting Metals, Not Mining Them</h2> In a world increasingly affected by climate change, finding sources of renewable energy — and cutting waste wherever possible — has become a top priority. Solar energy has been heavily studied as one potential alternative to petroleum-based fuels, with <a href="https://about.bnef.com/insights/clean-energy/bloombergnefs-new-energy-outlook-2026-transition-to-newer-technologies-expanded-electrification-to-strengthen-nations-energy-security/" target="_blank" rel="noopener">BloombergNEF</a> claiming that "solar will become the world's largest generator of electricity by 2032, driven by massive overcapacity and falling prices." Solar energy has become so efficient that it is fast becoming one of the most affordable forms of energy available. Panels break, however, and technology is continuously outpaced by new discoveries, so it has become important to find ways to recycle solar panels and extract the precious minerals within them for reuse. <a href="https://www.marketsandmarkets.com/Market-Reports/solar-panel-recycling-market-2927896.html" target="_blank" rel="noopener">Markets&Markets</a> said that the solar panel recycling sector is expected to grow from US$0.46 billion in 2025 to US$1.12 billion by 2030 — representing a CAGR of 19.5%. [OWNERSHIP_CHART-2568] Recycling solar panels is a multi-step, multi-company process that's divided into four categories: solar panel collectors, recyclers, end users, and recycled material manufacturers. Each is necessary to the process to ensure maximum waste reduction. And waste reduction, along with profit, has become the major driver behind this sector. "The shift from 'bulk recycling' to 'high value recovery' in solar panel recycling is about moving beyond simply removing frames/junction boxes, and crushing panels mainly for glass and aluminum towards processes that also recover higher value, lower mass materials, especially silver and silicon in high purity," according to a June 8, 2026, article by <a href="https://www.fortunebusinessinsights.com/industry-reports/solar-panel-recycling-market-101756" target="_blank" rel="noopener">Fortune Business Insights</a>. <h2 style="text-align: center;">Analysts Optimistic About Comstock's Future</h2> On June 25, 2026, Dominic Frisby commented on the pending sale and the future of the company, saying: "Comstock... badly needs to simplify and focus, and divesting itself of mining is a much-needed step in that direction. For years, Comstock owned a collection of mining assets that were costing money and generating little value. This transaction largely removes that criticism. Comstock now has its bioleum business, its recycling, and its real estate." Bioleum is a venture into sustainable aviation fuel that investors seemed excited about last year, but a series of missteps has landed the company in uncertain waters surrounding this asset. Frisby expects the company's future to hinge mostly on solar power and its recycling of solar panels. "If Comstock can prove it can recycle end-of-life solar panels economically and at scale, the upside is enormous," Frisby wrote. <a href="https://www.marketbeat.com/stocks/NYSEAMERICAN/LODE/forecast/" target="_blank" rel="noopener">MarketBeat </a>cited UBS Group, however, who are not so optimistic. On June 22, 2026, UBS Group gave the company a "Reduce" rating, with no price target. <h2 style="text-align: center;">A Green Future</h2> Comstock's portfolio will now focus on recycling solar panels, which are rich with multiple critical minerals. On June 24, 2026, the company announced a collaboration with JobsOhio and OhioSE to choose <a href="https://comstock.inc/press-release/comstock-metals-llc-announces-solar-panel-recycling-facility-in-cambridge-ohio/" target="_blank" rel="noopener">Cambridge, Ohio, as a new location for one of its recycling plants</a>. The project is supported by a US$75,000 grant from JobsOhio and is expected to create 20 full-time jobs upon completion. <a href="https://www.theglobeandmail.com/investing/markets/stocks/CRK/pressreleases/2511993/ubs-reaffirms-their-sell-rating-on-comstock-resources-crk/" target="_blank" rel="noopener">The Globe and Mail</a> also confirmed UBS's rating, saying it was a Sell rating. <h2 style="text-align: center;">Ownership & Share Information1</h2> Comstock Inc. has a market cap of US$312.00 million, with 79.51 million shares outstanding. The company's 52-week range is US$2.24-US$4.98. Institutions own 47.21% of shares, while Management & Insiders own 3.12%. The remaining 49.67% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31618"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31618" width="0" height="0"> ( Companies Mentioned: LODE:NYSE, ) Thu, 25 Jun 2026 00:00:00 PST Bimergen Energy's Redbird Project Gains Momentum https://www.streetwisereports.com/article/2026/06/26/bimergen-energys-redbird-project-gains-momentum.html Source: <a href="https://www.streetwisereports.com/article/2026/06/26/bimergen-energys-redbird-project-gains-momentum.html?utm_medium=feed">Streetwise Reports 06/26/2026</a> Bimergen Energy advances its Redbird battery storage project via Eos and FPUSA partnership. Discover the pipeline, analyst target, and market opportunity for retail investors.The U.S. battery energy storage sector is experiencing record growth driven by rising electricity demand, renewable integration needs, and grid modernization. Bimergen Energy Corp.'s (BESS:NYSE) stands out in this environment through its focus on project development in key markets such as ERCOT. Retail investors are increasingly examining companies that combine development expertise with strategic financing partners rather than manufacturing assets themselves. Bimergen Energy Corp. exemplifies this approach with its Redbird battery energy storage project now moving forward under a major purchase order. <h2 style="text-align: center;">Market Opportunity in Battery Storage</h2> According to recent industry reports, the United States added 57 gigawatt-hours of energy storage capacity in 2025, marking the largest annual increase in the nation's history. Utility-scale projects continue to expand as grid operators seek solutions for renewable intermittency and peak demand management. <a href="https://seia.org/blog/energy-storage-is-revolutionizing-americas-power-sector/" target="_blank" rel="noopener">According to a March 5 report from the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence, battery storage continued to play an increasingly important role in the U.S. power system</a>. Residential and commercial storage capacities also grew substantially during the same period. <h2 style="text-align: center;">Why Bimergen Energy Corp. (BESS) Stands Out</h2> Bimergen Energy Corp. has positioned itself as a project developer that secures financing and technology partners to advance battery storage assets. Its Redbird project, a 100 megawatt / 400 megawatt-hour system in Texas, recently received the first purchase order under a 2 gigawatt-hour capacity reservation agreement. <a href="https://www.stockwatch.com/News/Item/U-z9749162-U!BESS-20260618/U/BESS" target="_blank" rel="noopener">The company has received the first purchase order issued under the 2 gigawatt-hour capacity reservation agreement between Eos Energy Enterprises Inc. (NASDAQ: EOSE) and Frontier Power USA Parent LLC (FPUSA)</a>. The order utilizes Eos' Z3 technology for a four-hour duration system designed for dispatchable storage in the ERCOT market. <h2 style="text-align: center;">Unique Capital-Light Business Model</h2> Unlike manufacturers, Bimergen Energy Corp. operates as a project manager. This structure allows the company to maintain lower capital requirements while partnering for construction financing and equipment supply. FPUSA and affiliates are providing 100% of equity for Redbird construction, with Bimergen retaining a minority economic interest. The model supports multiple projects through committed capital rather than balance-sheet ownership of manufacturing facilities. Project-level debt and equity are intended to cover full capital expenditure needs once notice to proceed is issued. <h2 style="text-align: center;">Key Assets and Development Pipeline</h2> <a href="https://d1io3yog0oux5.cloudfront.net/_65983cb21fcb58846a0c6151703af85b/bimergen/db/3575/34535/pdf/Bimergen+Energy+Roadshow+Deck+Presentation+v5.15.26+website+version+Final.pdf" target="_blank" rel="noopener">The Bimergen Energy corporate presentation describes a battery energy storage system development pipeline consisting of 23 projects totaling approximately 1,965 megawatts across ERCOT, WECC, PJM, and MISO regions</a>. Redbird, Wildfire, and Ladybird rank among the most advanced assets. The company has secured US$250 million in committed capital, including mezzanine financing and project equity from a leading energy company. This funding supports advancement through feasibility, development, financing, and commercial operation stages. <h2 style="text-align: center;">Industry Timing and Strategic Partnerships</h2> <a href="https://www.marketsandmarkets.com/ResearchInsight/battery-energy-storage-system-market-trends.asp" target="_blank" rel="noopener">A 2025 Battery Energy Storage System Market report from 30000 High Growth Opportunities described battery energy storage systems as increasingly important infrastructure for electricity balancing and renewable energy integration</a>. Global market value reached US$50.81 billion in 2025, with utility applications representing the largest demand segment. <a href="https://m.thewire.in/article/ptiprnews/ratul-puri-on-renewable-energy-battery-storage-and-indias-evolving-power-sector/amp" target="_blank" rel="noopener">More recently, in comments published June 25, Ratul Puri discussed the growing role of storage within evolving power systems</a>. Storage systems help reduce curtailment, manage peak demand, and deliver power when needed most. <h2 style="text-align: center;">Analyst Views and Valuation</h2> In a June 8 initiation report, Atrium Research assigned a BUY rating and US$9.50 per share target price. Analysts noted the 2.0 GW pipeline, net cash position of US$8.9 million, and US$250 million in project financing commitments. The report highlighted capital-light economics, with each 100 MW project estimated at approximately US$125 million in capex and potential 50% EBITDA margins supported by contracted revenue floors. Comparable storage companies trade at higher multiples, while Bimergen Energy Corp. trades at lower 2027E and 2028E multiples. [OWNERSHIP_CHART-11602] <h2 style="text-align: center;">Share Structure and Ownership</h2> 1Management and insiders hold 37.78% of Bimergen Energy Corp., while institutions own 11.04%. The remainder is held by retail investors. Market capitalization stands at CA$31.94 million with a 52-week range of CA$4.12 to CA$5.50. <h2 style="text-align: center;">Common Questions from Investors</h2> <ul> <li>What is the Redbird project? A 100 MW / 400 MWh battery storage system in ERCOT using Eos Z3 technology, now advancing under FPUSA financing.</li> <li>How does Bimergen fund projects? Through US$250 million in committed mezzanine and equity capital, plus project-level debt.</li> <li>What regions does the pipeline cover? ERCOT, WECC, PJM, and MISO, with a total of approximately 1,965 MW across 23 projects.</li> <li>What rating did analysts assign? Atrium Research initiated with a BUY and a US$9.50 target price based on a 9.0x EBITDA multiple.</li> </ul> Bimergen Energy Corp. continues to convert development-stage opportunities into operating assets through targeted partnerships and disciplined execution in high-growth power markets. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31608"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31608" width="0" height="0"> ( Companies Mentioned: BESS:NYSE, ) Fri, 26 Jun 2026 00:00:00 PST Brunswick Exploration Expands Lithium Corridor in Greenland https://www.streetwisereports.com/article/2026/06/26/brunswick-exploration-expands-lithium-corridor-in-greenland.html Source: <a href="https://www.streetwisereports.com/article/2026/06/26/brunswick-exploration-expands-lithium-corridor-in-greenland.html?utm_medium=feed">Streetwise Reports 06/26/2026</a> Brunswick Exploration advances its Nuuk project with a doubled lithium corridor while Mirage and Anatacau deliver scale. Learn why this first-mover in Greenland offers retail investors exposure to lithium recovery.The lithium sector is showing renewed signs of strength as demand for battery storage systems grows at roughly 40 percent annually, offsetting slower electric vehicle sales in some regions. Brunswick Exploration Inc. (BRW:TSX.V) is positioned at the forefront of this shift through its extensive portfolio spanning Canada, Greenland, and Saudi Arabia. Investors are increasingly focused on companies that combine large-scale resources with early-stage discovery potential in stable or underexplored jurisdictions. Brunswick Exploration meets this profile by holding first-mover status for lithium exploration in Greenland while advancing its flagship Mirage project, which already hosts one of the largest undeveloped hard-rock lithium inferred resources in the Americas. <h2 style="text-align: center;">Greenland Portfolio Offers Scale and First-Mover Advantage</h2> Brunswick Exploration recently extended the spodumene-bearing corridor at its Nuuk Lithium project near Nuuk, Greenland, <a href="https://brwexplo.ca/news-2026/brunswick-exploration-doubles-extent-of-lithium-corridor-at-nuuk-lithium-project/" target="_blank" rel="noopener">according to a June 24 release</a>. A new spodumene-bearing pegmatite was identified more than 3 kilometers from the original discovery zone, expanding the mineralized footprint to approximately 4 kilometers by 1 kilometer. This growth brings the Nuuk system close in size to the company's Mirage project in Quebec. Nine spodumene-bearing pegmatites have now been confirmed at the Ivisaartoq field, with individual bodies reaching 400 meters in length and 40 meters in width and containing up to 50 percent visual spodumene. A helicopter-supported prospecting program across the Hinks, Clavering, and Hudson licenses in East Greenland is scheduled to begin in mid-July, marking the first systematic lithium exploration in that region. <h2 style="text-align: center;">Why the Timing Matters for Retail Investors</h2> Lithium prices remain nearly 33 percent higher year-to-date, even after a recent pullback. At the Fastmarkets Global Lithium, Battery and Critical Materials Conference, industry leaders highlighted that energy storage demand is providing a more stable foundation than consumer-driven electric vehicle demand alone. Rio Tinto Plc (RIO:NYSE; RIO:ASX; RIO:LSE; RTNTF:OTCMKTS), for example, expects its lithium division to grow faster than copper or iron ore and aims to triple production by 2028. These macro trends create a favorable backdrop for exploration companies that can demonstrate resource growth at reasonable cost. Brunswick Exploration's combination of a defined large resource at Mirage and expanding discoveries at Anatacau Main and Nuuk positions it to benefit as market sentiment improves. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Nuuk corridor nearly doubled to 4 km by 1 km, comparable in scale to Mirage.</li> <li>Mirage hosts a 52.2 million tonne inferred resource at 1.08 percent LiO, one of the largest undeveloped hard-rock lithium assets in the Americas.</li> <li>Anatacau Main step-out hole returned 1.13 percent LiO over 27.4 meters, extending the Anais Main dyke to 350 m by 600 m with mineralization open in all directions.</li> <li>Upcoming catalysts include Q3 2026 drilling at both Mirage and Anatacau Main, plus maiden prospecting in East Greenland.</li> <li>Red Cloud maintains a Buy rating with a CA$0.50 target price; Anatacau Main is still carried at book value and may prove conservative.</li> <li>Insiders and Osisko Group together control roughly 53 percent of shares, aligning management with shareholders.</li> </ul> <h2 style="text-align: center;">Analyst Perspectives and Valuation Context</h2> Red Cloud analyst Alina Islam described the Anatacau Main results as positive confirmation of lateral continuity at shallow depth. She noted that the system is beginning to resemble an early-stage Mirage within the same structural setting as Rio Tinto Plc's (RIO:NYSE; RIO:ASX; RIO:LSE; RTNTF:OTCMKTS) Galaxy deposit. The firm kept its Buy rating and CA$0.50 target, emphasizing that the net asset value is driven primarily by Mirage while Anatacau remains at book value of CA$4.4 million. Jeff Clark and Daniel Flynn of The Gold Advisors Paydirt Prospector newsletter highlighted the 1.13 percent LiO intercept over 27.4 meters at very shallow depth. They view the consistent grades and widths as evidence of a serious hard-rock lithium system and maintain a HOLD/BUY ON SPEC recommendation pending further clarity on the broader portfolio. [OWNERSHIP_CHART-10863] <h2 style="text-align: center;">Share Structure and Market Position</h2> Brunswick Exploration has a market capitalization of CA$43.77 million, 282.39 million shares outstanding, and a 52-week trading range of CA$0.11 to CA$0.40. 1Insiders, management, and family hold approximately 53 percent, while Osisko Group owns about 10 percent, leaving the balance with retail investors. <h2 style="text-align: center;">Common Questions from Investors</h2> Q: What is spodumene, and why does it matter? A: Spodumene is a lithium-bearing mineral. High visual percentages, such as the 50 percent observed at Nuuk, indicate potential for economic lithium concentrations after processing. Q: How large is the Mirage resource compared with peers? A: The 52.2 million tonne inferred resource at 1.08 percent LiO ranks among the largest undeveloped hard-rock lithium resources in the Americas, with an additional 40-50 million tonne exploration target identified. Q: When will investors see new drill results? A: Drilling at Mirage is planned before the follow-up program at Anatacau Main in late Q3 2026, with updates expected throughout the second half of the year. Q: What risks should retail investors consider? A: Exploration results are early-stage, lithium prices remain volatile, and additional drilling and economic studies are required to confirm viability at all projects. Brunswick Explorations expanding discovery footprint, large defined resource, and strategic first-mover position in Greenland provide retail investors with leveraged exposure to the recovering lithium market. Continued drilling success and improving sector fundamentals could support a meaningful re-rating as catalysts unfold in 2026. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Rio TInto Plc.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31605"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31605" width="0" height="0"> ( Companies Mentioned: BRW:TSX.V, ) Fri, 26 Jun 2026 00:00:00 PST 400 MWh Battery Project Secures First Purchase Order https://www.streetwisereports.com/article/2026/06/25/400-mwh-battery-project-secures-first-purchase-order.html Source: <a href="https://www.streetwisereports.com/article/2026/06/25/400-mwh-battery-project-secures-first-purchase-order.html?utm_medium=feed">Streetwise Reports 06/25/2026</a> Bimergen Energy Corp. (BESS:NYSE) said its Redbird battery storage project received the first purchase order under a 2 GWh capacity reservation agreement, with Frontier Power USA providing construction equity for the 100 MW / 400 MWh ERCOT project.<div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:baa38a85-9705-48b4-bf5d-f3a5815e69ee-140" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:baa38a85-9705-48b4-bf5d-f3a5815e69ee-140" data-turn-id-container="request-WEB:baa38a85-9705-48b4-bf5d-f3a5815e69ee-140" data-testid="conversation-turn-2" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="70d25e22-e6b6-422c-a2c5-5e27188be531" data-turn-start-message="true" data-message-model-slug="gpt-5-5"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> Bimergen Energy Corp.'s (BESS:NYSE) Redbird battery energy storage project <a href="https://www.stockwatch.com/News/Item/U-z9749162-U!BESS-20260618/U/BESS" target="_blank" rel="noopener">has received the first purchase order issued under the 2 gigawatt-hour capacity reservation agreement between Eos Energy Enterprises Inc. (NASDAQ: EOSE) and Frontier Power USA Parent LLC (FPUSA)</a>. The order supports the Redbird project, a 100 megawatt / 400 megawatt-hour battery energy storage system that will utilize Eos' Z3 technology. The Redbird project was developed by Bimergen, and previously by Bridgelink, for the Electric Reliability Council of Texas (ERCOT) market. According to Eos, the project was previously approved under a Joint Development Agreement with the company, with Eos' Z3 technology selected for deployment. Eos stated that FPUSA and its affiliates have acquired and will provide 100% of the equity for the construction of the Redbird project, while Bimergen retains a minority economic interest and will collaborate with FPUSA to bring the project into commercial operation. "Redbird did not happen overnight. It came from years of working with Bimergen to move projects under active development toward execution," <a href="https://www.stockwatch.com/News/Item/U-z9749162-U!BESS-20260618/U/BESS" target="_blank" rel="noopener">Nathan Kroeker, Chief Commercial Officer of Eos, said in a company news release.</a> "What FPUSA adds is the capital to turn opportunities into operating assets. That is what FPUSA was built to do, and the Redbird conversion is one of the first to prove it out." Cole Johnson, Co-Chief Executive Officer of Bimergen Energy, said in the news release, "We developed Redbird to address growing demand for dispatchable storage in ERCOT and selected Eos because Z3 is purpose-built for the multi-hour applications the market requires. Combining proven technology with committed capital converts projects like Redbird into operating assets." Eos said the Redbird project is designed as a four-hour system and is expected to provide dispatchable storage capacity in ERCOT, supporting energy shifting, ancillary services, and overall grid reliability. The company stated that the project is positioned to serve forecasted load growth and ERCOT market requirements. As part of the acquisition and purchase order by FPUSA and its affiliates, the Redbird volume will be applied against the 2 gigawatt-hour firm capacity reservation agreement between FPUSA and Eos. Eos also stated that, with this order, it has fulfilled nearly 50% of the 1 gigawatt-hour Bridgelink master supply agreement while advancing an additional development pipeline of 12 gigawatt-hours across ERCOT, PJM, CAISO, and MISO. <h2 style="text-align: center;">Battery Energy Storage Expands Across Power Markets</h2> <a href="https://seia.org/blog/energy-storage-is-revolutionizing-americas-power-sector/" target="_blank" rel="noopener">According to a March 5 report from the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence, battery storage continued to play an increasingly important role in the U.S. power system</a> as energy demand increased and utilities sought additional grid flexibility. The report stated that "energy storage is becoming an indispensable solution to deliver affordable, reliable power to families and businesses across the country." SEIA reported that U.S. residential battery capacity grew 51% in 2025, while commercial and industrial storage capacity increased 42% during the same period. The organization also noted that utility-scale deployment continued to expand, with "20 GWh of new storage" directly paired with solar generation. According to the report, the United States added 57 gigawatt-hours of energy storage capacity in 2025, which it described as "the largest year for energy storage growth in American history." <a href="https://www.marketsandmarkets.com/ResearchInsight/battery-energy-storage-system-market-trends.asp" target="_blank" rel="noopener">A 2025 Battery Energy Storage System Market report from 30000 High Growth Opportunities described battery energy storage systems as increasingly important infrastructure for electricity balancing, renewable energy integration</a>, peak demand management, backup power capabilities, and grid stabilization. The report stated that the global battery energy storage system market was valued at US$50.81 billion in 2025. According to the study, battery storage systems were becoming "critical infrastructure assets" supporting renewable energy optimization, grid reliability, and energy security. The report also stated that "utilities are increasingly deploying large-scale battery storage projects to support grid flexibility, frequency regulation, renewable energy integration, and transmission network optimization." The study further noted that utility applications accounted for the largest share of battery energy storage demand, with grid operators expanding investments in storage infrastructure to address renewable intermittency and strengthen energy system flexibility. It stated that large-scale battery projects were becoming important components of grid modernization efforts and electricity reliability programs. <a href="https://m.thewire.in/article/ptiprnews/ratul-puri-on-renewable-energy-battery-storage-and-indias-evolving-power-sector/amp" target="_blank" rel="noopener">More recently, in comments published June 25, Ratul Puri discussed the growing role of storage within evolving power systems</a>. According to Puri, "the future of the sector will be shaped not only by renewable energy generation but also by the ability to deliver power reliably and efficiently." Puri stated that battery storage systems helped balance electricity supply and demand while supporting grid stability and flexibility. He described storage as "an important link between renewable energy generation and reliable power delivery" and said battery systems could help "reduce curtailment, manage peak demand and support the delivery of clean power when it is needed most." According to Puri, the industry had increasingly focused on integrated energy systems that combined generation, storage, flexibility, and reliability. He also stated that advancements in battery storage, digital asset management, and operational optimization technologies were helping improve efficiency across the power sector as electricity demand continued to grow. <h2 style="text-align: center;" data-section-id="rfjv55" data-start="2792" data-end="2846">Bimergen Pipeline and Project Development Progress</h2> <a href="https://d1io3yog0oux5.cloudfront.net/_65983cb21fcb58846a0c6151703af85b/bimergen/db/3575/34535/pdf/Bimergen+Energy+Roadshow+Deck+Presentation+v5.15.26+website+version+Final.pdf" target="_blank" rel="noopener">The Bimergen Energy corporate presentation describes a battery energy storage system development pipeline consisting of 23 projects totaling approximately 1,965 megawatts across ERCOT, WECC, PJM, and MISO regions</a>. The project list includes Redbird BESS, Wildfire BESS, and multiple additional projects in Texas, Arizona, Louisiana, Virginia, and Pennsylvania. Bimergen's presentation identifies Redbird, Wildfire, and Ladybird among the most advanced projects in its development process. The company outlines a project workflow that includes feasibility studies, development activities, financing, notice to proceed, construction, and commercial operation. The presentation states that Bimergen has secured US$250 million in committed capital, consisting of US$50 million in mezzanine financing and a joint venture with a battery energy storage manufacturer, along with US$200 million in project equity financing from a leading energy company. The company also states that project-level debt and equity financing are intended to cover full capital expenditure requirements. Bimergen's project portfolio includes 11 ERCOT projects totaling 865 megawatts, five CAISO/WECC projects totaling 425 megawatts, two PJM projects totaling 100 megawatts, and five MISO projects totaling 600 megawatts. The Redbird project is listed as a 100 megawatt project in Texas within the ERCOT market. The presentation further states that Bimergen has partnerships involving system integration, battery manufacturing, capital provision, and project development, and describes a development pipeline of approximately 2 gigawatts of battery energy storage projects. <h2 style="text-align: center;">Analysis Initiates Coverage With Buy Rating and US$9.50 Target Price</h2> In a June 8 initiation report, Atrium Research analyst Nicholas Cortellucci, CFA, and equity research associate Luca Perna initiated coverage with a BUY rating and a US$9.50 per share target price. The analysts wrote, "We are initiating coverage on BESS with a BUY rating and a US$9.50/share target price." Cortellucci and Perna stated that the company had "23 projects in development, totaling 2.0 GW," and described an "Active Pipeline of Projects." They wrote that the portfolio represented 2.0 GW and that "management has a goal of reaching 4.0 GW over the long-term." The analysts highlighted the company's financial position, stating that it had a "net cash balance of US$8.9M (US$1.20/share) compared to its market cap of US$26.0M." They also wrote that the company had "US$250M in commitments for the mezzanine/equity portions of its projects and will cover the remainder with debt." Regarding project economics, Cortellucci and Perna stated, "Given that Bimergen is not a manufacturer and only a project manager, its economics are capital-light." They further wrote that "each 100 MW project will cost ~US$125M in capex and can generate ~50% EBITDA margins, supported by contracted revenue floors as well as upside opportunities." [OWNERSHIP_CHART-11602] The report described the company's partnerships as a key component of its development strategy. According to the analysts, "Bimergen Energy has assembled a high-quality ecosystem of strategic partners across four key pillars: system integration & execution, manufacturing & supply chain, technology & chemistry advancement, and capital & co-development." Atrium Research also discussed the company's positioning within the battery energy storage sector. The analysts wrote that the company operated "at the intersection of three massive shifts in the U.S. power markets: 1) a return to electricity-demand growth after more than 15 years of stagnation, 2) the expansion of AI-driven data centers, and 3) the build-out of the world's second-largest grid-scale battery storage market." In their valuation discussion, Cortellucci and Perna stated that comparable energy storage companies traded at higher valuation multiples while the company traded at "0.9x/0.3x 2027E/2028E EBITDA and 0.4x/0.2x 2027E/2028E sales." They wrote that their target price was derived using a 9.0x EBITDA multiple and concluded that this resulted in "our target price of US$9.50/share." <h2 style="text-align: center;">Ownership and Share Structure1</h2> Management and insiders hold 37.78 of Bimergen Energy Corp, while Institutions own 11.04%. The rest is retail. Bimergen Energy Corp has a market capitalization of CA$31.94 million, 4.42 free float shares, and a 52-week range of CA$4.12 to CA$5.50. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> </div> </div> </div> </div> </section> </div> </div> <div class="pointer-events-none -mt-px h-px translate-y-[calc(var(--scroll-root-safe-area-inset-bottom)-14*var(--spacing))]" aria-hidden="true"> </div>Important Disclosures:<ol> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31602"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31602" width="0" height="0"> ( Companies Mentioned: BESS:NYSE, ) Thu, 25 Jun 2026 00:00:00 PST Explorer Uncovers Massive Lithium Corridor Extension in Greenland https://www.streetwisereports.com/article/2026/06/24/explorer-uncovers-massive-lithium-corridor-extension-in-greenland.html Source: <a href="https://www.streetwisereports.com/article/2026/06/24/explorer-uncovers-massive-lithium-corridor-extension-in-greenland.html?utm_medium=feed">Streetwise Reports 06/25/2026</a> Brunswick Exploration Inc. (BRW:TSX.V) announces a significant extension of the spodumene-bearing corridor at its Nuuk Lithium project in Nuuk, Greenland. Find out why experts and the industry are optimistic about the future of lithium.Brunswick Exploration Inc. (BRW:TSX.V) announced a significant extension of the spodumene-bearing corridor at its Nuuk Lithium project in Nuuk, Greenland, <a href="https://brwexplo.ca/news-2026/brunswick-exploration-doubles-extent-of-lithium-corridor-at-nuuk-lithium-project/" target="_blank" rel="noopener">according to a June 24 release</a>. This extension was confirmed through the discovery of an additional spodumene-bearing pegmatite located over 3 kilometers from the initial discovery zone, effectively nearly doubling the scale and width of the mineralized system. "The growing scale of the Nuuk Lithium project highlights the lithium potential in Greenland," President and Chief Executive Officer Killian Charles said. "Next steps, including drilling, are currently being evaluated in conjunction with the return of drilling at Mirage and an anticipated Anatacau fall drilling campaign." He continued, "In addition, our team will embark on a maiden prospecting program on our East Greenland Portfolio starting mid-July. As lithium markets and fundamentals gain momentum, we believe that Greenland remains one of the most exciting and underexplored jurisdictions with a significant critical mineral endowment globally. With first-mover advantage, Brunswick Exploration is the only company exploring for lithium in the country." The newly discovered spodumene-bearing pegmatite at the Nuuk Lithium project has significantly expanded the area influenced by late-stage, highly evolved lithium-bearing fluids, now measuring approximately 4 kilometers by 1 kilometer. This expansion is comparable to the company's Mirage project, which features a corridor of lithium-bearing pegmatites approximately 6 by 3 kilometers. Although spodumene was not immediately identified in the field, a sample was collected for further analysis and subsequently confirmed through thin section analysis. To date, the Ivisaartoq field within the project has revealed a total of nine spodumene-bearing pegmatites, with some measuring up to 400 meters in length and 40 meters in width, containing up to 50% visual spodumene, the company said. Additionally, Brunswick Exploration is preparing for helicopter-supported prospecting and mapping throughout the East Greenland portfolio, which includes the Hinks, Clavering, and Hudson licenses. This region along the eastern coast of Greenland has never been prospected for lithium, marking a pioneering exploration effort by the company. Headquartered in Montreal, Brunswick Exploration is a mineral exploration company focused on grassroots exploration for lithium, a critical metal essential for global decarbonization and energy transition. The company is advancing an extensive lithium property portfolio across Canada, Greenland, and Saudi Arabia, highlighted by its Mirage project, which hosts one of the largest undeveloped hard-rock lithium Inferred Mineral Resource Estimates in the Americas. <h2 style="text-align: center;">Analyst: System Continues to Grow</h2> Brunswick recently disclosed the final results from its Phase 2 drilling program at the Anatacau Main project in James Bay, Quebec, according to an updated research note by Red Cloud Analyst Alina Islam on June 11. This program, which consisted of approximately 1,800 meters across seven holes, aimed to explore the lateral extent of the Anais Li pegmatite dyke system, discovered in 2023, she said. Notably, the step-out hole AN-26-12 encountered a lithium oxide (Li₂O) concentration of 1.13% over 27.4 meters, located roughly 80 meters southwest of the Anais Main dyke. This finding extends the mineralized dyke system over an area of 350 meters by 600 meters, with all dykes remaining open for further exploration. "We view these as positive results that wrap up a strong winter drilling campaign at Anatacau Main," Islam wrote. "The step-out hole confirms lateral continuity of the Anais Main dyke at shallow depth, and the delineated system continues to grow. The fringe geochemistry from the two wide fence holes is an encouraging sign that the fertile pegmatite system extends well beyond the current footprint. Brunswick's primary focus and flagship asset remains its Mirage project, which hosts a 1.4Mt (million tonnes) LCE inferred resource grading 1.08% Li₂O." She continued, "However, with these Phase 2 results, Anatacau Main is increasingly resembling an early-stage Mirage, within the same structural setting as Rio Tinto Plc's (RIO:NYSE; RIO:ASX; RIO:LSE; RTNTF:OTCMKTS) Galaxy deposit." Islam said the firm is optimistic about the upcoming drilling programs at both Mirage and Anatacau Main, scheduled for the third quarter of 2026. The Anais system at Anatacau Main, with its thick mineralized and stacked intervals within a favorable structural corridor, shows potential to reach the scale of the Mirage project, which encompasses a resource of 52.2 million tonnes and an exploration target of an additional 40-50 million tonnes within a 1.5-kilometer by 3-kilometer area. Furthermore, two step-out holes drilled outside the main deformation corridor did not return significant lithium values but did intersect elevated levels of cesium and tantalum with low potassium/rubidium ratios, confirming that the pegmatite system remains fractionated beyond the structural corridor, the analyst noted. Red Cloud maintained a Buy rating and a target price of CA$0.50 per share on Brunswick. The net asset value per share (NAVPS) is primarily influenced by the Mirage project, with Anatacau Main and West currently valued at book value (CA$4.4 million), a figure that may be increasingly conservative as the system continues to expand. Looking ahead, Brunswick has planned additional drilling at Anatacau Main and Mirage, as well as prospecting activities in its properties in Greenland and Saudi Arabia, all set for 2026. <h2 style="text-align: center;">'An Intriguing Setup for a Re-Rate'</h2> According to a review of the stock on June 11 for The Gold Advisor's Paydirt Prospector newsletter by Jeff Clark and Daniel Flynn, lithium prices remain nearly 33% higher year-to-date despite a recent dip. Brunswick has seen its stock decrease by about 17% over the same period. The situation is "an intriguing setup for a re-rate, especially given the lithium exploration success the company has been delivering recently at Anatacau Main in Quebec," the authors wrote. "That success continued this week with the final results from its winter drill program." "The latest results extend the largest pegmatite at Anatacau Main — Anais Main — over a width of 350 meters and length of 600 meters, with a step-out hole intercepting 1.13% Li₂O over 27.4 meters at very shallow depth. Pretty darn good," the report continued. "Simply put, Brunswick keeps hitting lithium at the grades and widths you want to see when exploring for a serious hard-rock lithium system. And this latest result is no exception." This outcome underscores Brunswick's consistent ability to discover lithium at desirable grades and widths, indicative of a significant hard-rock lithium system, they said. Furthermore, the mineralization at Anais Main remains open in all directions, suggesting potential for expansion along strike, down dip, and at depth. These findings reinforce the notion that Anatacau Main could mirror the potential of Brunswick's flagship project, Mirage, Clark and Flynn noted. At Mirage, Brunswick has delineated an Inferred resource of 52.2 million tonnes at 1.08% Li₂O, positioning it as one of the largest undeveloped hard-rock lithium resources in the Americas. Given these promising results, Brunswick plans to continue its exploration efforts at Anatacau with further drilling scheduled for late Q3. Following the announcement of these results, Brunswick's stock rose by 3%, although it is still nearly 20% lower over the past month, affected by the broader market volatility that has impacted many resource stocks, the authors wrote. The current recommendation for Brunswick's stock remains a HOLD/BUY ON SPEC, reflecting the promising yet early-stage progress at Anatacau. "The reason we've held this recommendation in recent months is that we want more clarity on what comes next across the wider portfolio," the report said. "Despite the re-rate potential as lithium prices improve, a clear plan is essential to understand how value will be delivered. Particularly at Mirage." Interestingly, the latest announcement included a reference to a "forthcoming" drill campaign at Mirage, marking the first specific mention of new work there since January, according to Clark and Flynn. With this campaign expected before the follow-up program at Anatacau in late Q3, more updates are anticipated soon. "That's encouraging. When we learn more, we'll revisit our recommendation. In the meantime, Jeff continues to hold the stock," they wrote. <h2 style="text-align: center;">The Catalyst: Optimism at Industry Conference</h2> At a recent industry conference, optimism about the lithium market's recovery was palpable among leading producers, buoyed by surging demand for battery storage systems, which is helping to counterbalance a slowdown in certain electric vehicle markets, <a href="https://www.detroitnews.com/story/business/autos/2026/06/24/lithium-producers-bet-on-battery-storage-as-demand-shifts-beyond-evs/90682625007/" target="_blank" rel="noopener">reported Ernest Scheyder for Reuters in a piece published by The Detroit News on June 24</a>. Historically, electric vehicles have been the primary catalyst for lithium demand, but recent regulatory changes in the United States and other regions have tempered sales in some crucial markets. This slowdown has occurred simultaneously with industry overproduction, which has led to a significant drop in lithium prices. However, the growing need for stationary battery storage systems, spurred by the expansion of artificial intelligence and initiatives to bolster power grids, is beginning to alter the market dynamics positively. Raju Daswani, CEO of consultancy Fastmarkets, expressed confidence in the market's direction at the Fastmarkets Global Lithium, Battery and Critical Materials Conference in Las Vegas, Scheyder said. "The period of market overcorrection is over," Daswani declared, highlighting that energy storage is now a major growth driver in the lithium market. According to Fastmarkets, the demand for lithium in battery storage systems is increasing at an impressive rate of 40% per year. Daswani emphasized the significance of this shift, stating, "This is a fundamental change, and it adds a robust foundation if you compare it to a far more volatile consumer-driven electric vehicle demand picture."[OWNERSHIP_CHART-10863] <a href="https://www.reuters.com/business/autos-transportation/rio-tinto-sees-lithium-fastest-growing-division-executive-says-2026-06-23/" target="_blank" rel="noopener">In a piece published on the Reuters site, Scheyder wrote on June 23</a> that Rio Tinto, one of the world's leading mining companies, anticipates that its lithium division will expand more rapidly than its other segments, including copper and iron ore. The company is aiming to triple its lithium production by 2028 to meet the burgeoning demand from the electric vehicle and battery storage markets. This strategic focus was highlighted by Jérôme Pécresse, head of Rio's aluminum and lithium business unit, during an interview with Reuters at the Fastmarkets Global Lithium, Battery and Critical Materials Conference in Las Vegas. Rio Tinto ventured into the lithium sector last year through the acquisition of U.S.-based Arcadium. This significant deal provided Rio with access to mines, processing facilities, and deposits spread across four continents, as well as a prestigious customer base that includes industry giant Tesla. Since the acquisition, Rio has been actively integrating these assets, despite challenges such as a lithium price crash largely driven by Chinese oversupply, Scheyder said. This market downturn led to widespread industry layoffs and has only recently started to show signs of recovery. In response to the volatile market conditions, Rio is developing mines in Argentina and Canada that are designed to remain economically viable even if lithium prices were to fall again, he noted. For 2026, the company has set a production target of at least 61,000 metric tons of lithium, with plans to expand its capacity to 200,000 metric tons by 2028, contingent on market demand. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 53% of the company is held by insiders, management, and family, and about 10% by the strategic corporate investor Osisko Group. The rest is retail. Brunswick Exploration has a market cap of CA$43.77 million, 282.39 million shares outstanding, and a 52-week range of CA$0.11–$0.40. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Rio TInto Plc.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31600"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31600" width="0" height="0"> ( Companies Mentioned: BRW:TSX.V, ) Thu, 25 Jun 2026 00:00:00 PST ROK Resources Inc.'s Portfolio Sale Fuels 2026 Growth https://www.streetwisereports.com/article/2026/06/25/rok-resources-inc-s-portfolio-sale-fuels-2026-growth.html Source: <a href="https://www.streetwisereports.com/article/2026/06/25/rok-resources-inc-s-portfolio-sale-fuels-2026-growth.html?utm_medium=feed">Streetwise Reports 06/25/2026</a> ROK Resources Inc. (ROK:TSX.V) sells non-core assets for CA$8 million, strengthening its debt-free balance sheet and focusing capital on high-return Saskatchewan drilling amid shifting oil markets.ROK Resources Inc. (ROK:TSX.V) has executed a non-core asset divestiture that sharpens its focus on operated properties in southeast Saskatchewan while adding meaningful cash to an already debt-free balance sheet. The move arrives at a time when retail investors are watching junior producers for signs of disciplined capital allocation and production growth potential. Current oil market volatility creates both risk and opportunity for small-cap energy companies. Geopolitical developments have pushed prices lower in recent weeks, yet many producers with strong balance sheets can still advance development programs at attractive returns. ROK Resources Inc. appears positioned to benefit from this environment after completing the sale of non-operated assets that offered limited upside. <h2 style="text-align: center;">Why ROK Resources Inc. Stands Out Right Now</h2> ROK Resources Inc. has shifted from a period of restrained spending into a more active 2026 program. The recent transaction, <a href="https://feeds.issuerdirect.com/news-release.html?newsid=8466915806418365&symbol=ROK:CA" target="_blank" rel="noopener">according to a June 23 release</a>, delivers CA$8 million in cash proceeds and removes assets that represented only 8 percent of the expected 2026 output. This allows management to concentrate spending on higher-potential operated locations where the company controls operations and can improve recovery rates. The company ended 2025 with no debt and positive working capital after a disciplined year that included modest capital spending and asset retirement work. That clean financial position gives ROK Resources Inc. flexibility to fund its CA$20.4 million 2026 budget internally while still maintaining liquidity for potential tuck-in acquisitions. <h2 style="text-align: center;">Unique Business Model and Core Advantages</h2> ROK Resources Inc. operates primarily in southeast Saskatchewan, a region known for conventional light-oil reservoirs that respond well to waterflood techniques. Waterflooding involves injecting water into the reservoir to maintain pressure and sweep additional oil toward producing wells, a secondary recovery method that can extend field life and improve economics without the higher costs of horizontal drilling in shale plays. By divesting non-operated interests, the company reduces its annual asset retirement obligation expenditures by roughly half. Asset retirement obligations, or ARO, represent the future costs of safely abandoning wells and restoring sites. Lower ARO spending frees cash for drilling and completion activities that can generate immediate production and cash flow. <h2 style="text-align: center;">Key Assets, Projects, and 2026 Catalysts</h2> The 2026 capital program includes drilling eight to ten wells, reactivations, optimizations, and continued waterflood advancement at the Benson property. <a href="https://www.streetwisereports.com/article/2026/04/16/energy-co-unlocks-high-return-oil-potential-in-saskatchewan.html?utm_medium=feed" target="_blank" rel="noopener">In April, ROK announced its 2026 budget</a> alongside year-end 2025 reserves that supported the decision to increase activity after a quiet 2025. Production in 2025 averaged 3,591 boepd with 66 percent liquids. Boepd, or barrels of oil equivalent per day, converts natural gas volumes to an oil-equivalent basis using a standard energy ratio. The 2026 budget targets higher liquids weighting and volume growth as new wells come online later in the year. <h2 style="text-align: center;">Industry Timing and Oil Price Trends</h2> Recent declines in global benchmarks have brought prices back toward levels seen before the Middle East conflict escalated. <a href="https://www.cnn.com/2026/06/24/world/live-news/iran-war-trump-israel-lebanon" target="_blank" rel="noopener">According to a report on CNN on June 24</a>, optimism about a potential agreement has eased supply concerns and contributed to the pullback. Brent crude traded near US$73.50 per barrel, while U.S. gasoline prices eased below US$4 per gallon nationally. Lower prices can pressure margins for higher-cost producers, yet companies like ROK Resources Inc. that maintain low leverage and high working interest in core areas can still generate acceptable returns. The company remains largely unhedged, giving it full exposure to any price recovery while using modest swap contracts to protect a small portion of output. <h2 style="text-align: center;">Analyst Views, Valuation, and Share Structure</h2> Ventum Capital Markets analyst Adam Gill noted that first-quarter 2026 results aligned with expectations and highlighted the company's strong liquidity. Production came in slightly below forecast but carried higher liquids content, which helped support funds flow near CA$3.95 million. Gill emphasized that the balance sheet, currently showing CA$6.4 million in positive working capital and zero debt, positions ROK Resources Inc. to pursue growth either through drilling or acquisitions. The analyst also pointed out that ROK trades at a discount to peers on an EV/DACF basis even after adjusting for working capital and its stake in EMP Metals. EV/DACF, or enterprise value divided by debt-adjusted cash flow, is a common valuation metric in the energy sector that helps investors compare companies with different capital structures. ROK Resources Inc. holds approximately 18.925 million shares of EMP Metals, valued near US$10.8 million. Half of that position becomes freely tradable in September 2026, potentially providing additional non-dilutive capital. [OWNERSHIP_CHART-10531] Market capitalization stands at CA$62.37 million based on 218.83 million shares outstanding. 1Strategic investors own about 1 percent, insiders hold 17 percent, and the remainder is widely held by retail shareholders. The 52-week trading range has been CA$0.18 to CA$0.33. <h2 style="text-align: center;">Common Questions from Investors</h2> <ul> <li>What is the strategic purpose of the recent asset sale? The transaction removes non-operated properties with limited development upside, reduces future ARO spending, and supplies cash that can be redeployed into higher-return operated drilling.</li> <li>How does the 2026 capital program compare with 2025? Spending rises to CA$20.4 million from roughly CA$5 million last year, reflecting a shift from debt reduction to growth initiatives, including eight to ten new wells.</li> <li>What exposure does ROK have to oil price movements? The company is approximately 90 percent unhedged, so revenue will fluctuate with spot prices, though a small hedge position provides limited downside protection.</li> <li>When could the EMP Metals share position add value? Fifty percent of the holding is scheduled to come off lock-up in September 2026, which could allow ROK to monetize part of the investment to support working capital or further development.</li> </ul> Retail investors evaluating junior oil producers should weigh the benefits of a clean balance sheet and focused asset base against the inherent volatility of commodity prices and execution risk on the upcoming drilling program. ROK Resources Inc. has taken clear steps to simplify its portfolio and prepare for higher activity levels, giving shareholders a more concentrated vehicle for participating in southeast Saskatchewan oil development. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31597"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31597" width="0" height="0"> ( Companies Mentioned: ROK:TSX.V, ) Thu, 25 Jun 2026 00:00:00 PST Energy Co. Sells Non-Core Saskatchewan Assets for Major CA$8M Gain https://www.streetwisereports.com/article/2026/06/24/energy-co-sells-non-core-saskatchewan-assets-for-major-ca-8m-gain.html Source: <a href="https://www.streetwisereports.com/article/2026/06/24/energy-co-sells-non-core-saskatchewan-assets-for-major-ca-8m-gain.html?utm_medium=feed">Streetwise Reports 06/24/2026</a> ROK Resources Inc. (ROK:TSX.V) finalizes an asset purchase and sale agreement with an independent third party to sell certain noncore assets located in southeast Saskatchewan. Read why one analyst predicts the company's financial footing will improve this year.ROK Resources Inc. (ROK:TSX.V) finalized an asset purchase and sale agreement with an independent third party to sell certain noncore assets located in southeast Saskatchewan, <a href="https://feeds.issuerdirect.com/news-release.html?newsid=8466915806418365&symbol=ROK:CA" target="_blank" rel="noopener">according to a June 23 release</a>. The agreement, dated the day before, stipulates that ROK will receive CA$8 million in cash, subject to standard closing adjustments. Over the next 12 months from June 2026, these assets are anticipated to produce 280 barrels of oil equivalent per day (boepd), with 97% of this being liquids. This production represents about 8% of ROK's projected average production for 2026. "The transaction represents another step in ROK's ongoing strategy of optimizing its portfolio and allocating capital toward opportunities expected to generate meaningful returns for shareholders," ROK President and Chief Executive Officer Bryden Wright said. The transaction is strategically significant for ROK as it involves the divestiture of non-operated assets that have limited potential for further development, the release said. This move allows ROK to concentrate more on its core operated assets, with capital allocation planned for 2026. The sale includes 3.5 proved plus probable drilling locations, with ROK retaining 97% of its drilling inventory for future development. From a financial perspective, the cash consideration of CA$8 million not only represents a premium to the net present value (NPV 10) of the proved developed producing reserves but also values the transaction at approximately CA$28,571 per flowing barrel of oil equivalent based on the forecasted production for the next 12 months, ROK said. This transaction significantly enhances ROK's cash position, providing greater flexibility for further capital development, potential acquisitions, or returns to shareholders. Additionally, the sale markedly reduces ROK's corporate asset retirement obligations (ARO) by 16%. It also cuts the company's non-operated ARO expenditures by about 50% annually, enabling ROK to focus more on its operated retirement obligations. The transaction, effective from June 1, is expected to close by or before July 31. It is contingent on customary closing conditions and the receipt of all necessary regulatory approvals, and it does not depend on any financing conditions. <h2 style="text-align: center;">Co. Gearing Up After Year of Limited Activity</h2> <a href="https://www.streetwisereports.com/article/2026/04/16/energy-co-unlocks-high-return-oil-potential-in-saskatchewan.html?utm_medium=feed" target="_blank" rel="noopener">In April, ROK announced its 2026 budget</a> and the results of its 2025 year-end reserves. Following a year of limited activity in 2025, ROK was gearing up to intensify its operations in its core areas in Southeast Saskatchewan for 2026. The company's upcoming initiatives include launching new drilling prospects, undertaking reactivation and optimization efforts, advancing waterflood projects, and continuing to address asset retirement obligations. In 2025, ROK adhered to a disciplined capital allocation strategy and prudent financial management, which enabled it to eliminate debt. The company reported spending approximately CA$5 million on capital expenses and an additional CA$1.1 million on asset retirement obligations during the year. By the end of 2025, ROK achieved an Adjusted Net Surplus of CA$4.4 million, reflecting a substantial year-over-year debt reduction of CA$15 million, the release said. Key results from 2025 included a full-year daily average production of 3,591 barrels of oil equivalent per day (boepd), with 66% liquids. The company also noted a positive response from waterflood activities at the Benson site, realized net hedge gains on commodity contracts amounting to CA$7.2 million, and estimated annual funds from operations of CA$27.7 million. For 2026, ROK said it has allocated CA$20.4 million to ramp up operational activities, which will include drilling, equipping, and completing new locations. To support growth in its core operating areas, the company has increased its corporate land budget. Additionally, CA$2.2 million is earmarked for asset retirement obligations. As of April 9, 2026, ROK reported that it is 90% unhedged, leaving it exposed to spot pricing. The company also established new crude oil hedges for about 10% of its oil production for a six-month period starting in April 2026. These hedges are swap instruments, with pricing ranging from US$75 to US$83 per barrel, providing some financial stability against price fluctuations. <h2 style="text-align: center;">Analyst: Co.'s Finances Expected to Improve</h2> ROK recently disclosed its financial results for the first quarter of 2026, which largely met expectations, according to an updated research note by Ventum Capital Markets Analyst Adam Gill on May 29. The company is in the initial phases of its 2026 capital program, which includes drilling eight to 10 wells. Currently, ROK is drilling the second well of this program. It is anticipated that the latter part of the year will be crucial for the company as production volumes are expected to increase, potentially serving as a significant catalyst for growth. The impact of these results on the market is considered neutral, the analyst said. The financial performance for the quarter aligned with projections, and ROK continues to maintain a robust financial position with positive working capital. This financial stability is expected to improve further as the year progresses. There is an expectation for the company to leverage this strong financial standing to boost production, either through strategic acquisitions or by ramping up drilling activities. According to Gill, key highlights from the quarter include: Production volumes were reported at 3,027 barrels of oil equivalent per day (Boe/d), slightly below the forecasted 3,300 Boe/d. However, the liquid content of the production was higher than expected at 69%, compared to the forecasted 66%, offsetting the impact of lower gas volumes. Funds flow for the quarter was CA$3.95 million, or CA$0.02 per share, before asset retirement expenditures, and CA$3.82 million afterwards, aligning closely with the forecast of CA$3.96 million. The slight shortfall in production, primarily in gas volumes, did not materially affect the funds flow. ROK's balance sheet remains strong with no debt and CA$6.4 million in positive working capital, including current tax liabilities. This positions the company well to pursue further growth through tuck-in acquisitions and to increase its market relevance. Looking ahead, one potential catalyst for ROK is the enhancement of its working capital later in the year, Gill said. Notably, 50% of the company's holdings in EMP Metals is set to come off lock-up in September 2026, with the remainder scheduled for September 2027. ROK holds approximately 18.925 million shares in EMP, valued at around US$10.8 million. It is anticipated that the company may liquidate this position to bolster its working capital in the autumn. "ROK trades at a discounted valuation of 1.3x/1.2x 2026/27 EV/DACF compared to peers at 2.4x/2.4x," Gill wrote. "We note that the valuation is adjusted for ROK's positive working capital position and the ~CA$10.8M in value for its ~18.9M shares of EMP Metals, with the market ignoring this value, which is currently ~17% of ROK's market cap." Chen Lin of What Is Chen Buying? What Is Chen Selling? noted that ROK is "in asset liquidation mode, as I expected." "It shows the management style, buy low and sell high," he said. "I hope they can do more transactions while buying back shares, if not, sell the whole company again." <h2 style="text-align: center;">The Catalyst: Could Oil Prices Finally Be Dropping?</h2> U.S. oil prices have recently dropped to their lowest point since the onset of the war with Iran, <a href="https://www.cnn.com/2026/06/24/world/live-news/iran-war-trump-israel-lebanon" target="_blank" rel="noopener">according to a report on CNN on June 24</a>. Initially, oil prices had spiked due to the conflict, which led to the closure of the Strait of Hormuz, a crucial channel for global oil shipments.[OWNERSHIP_CHART-10531] However, in recent days, there has been a noticeable decline in oil prices, the article noted. This reduction is attributed to the growing optimism among traders who believe that the impending U.S.-Iran agreement will lead to the reopening of the vital waterway, thus restoring normal oil flow and stabilizing prices. Brent crude futures, a key benchmark for international oil trading, fell to US$73.50 a barrel, a nearly 5% drop for the day that brought prices down to levels last seen on February 27, just before the conflict in the Middle East began, <a href="https://abcnews.com/Business/global-oil-prices-fall-lowest-level-iran-war/story?id=134164924" target="_blank" rel="noopener">noted Max Zahn for ABC News on June 24</a>. Concurrently, stock markets experienced a slight rebound. The Dow Jones Industrial Average rose by 105 points, or 0.2%, and similar gains were seen in the S&P 500 and the tech-heavy Nasdaq, both of which also increased by 0.2%. In the fuel market, gas prices dipped below US$4 per gallon last week, a significant threshold crossed as oil prices eased amidst ongoing negotiations between the U.S. and Iran aimed at ending the war. According to AAA, the national average price for a gallon of gas is now US$3.92, reflecting a decrease of 58 cents, or 13%, over the last month. Despite this recent drop, gas prices are still 94 cents higher than they were prior to the escalation of the Iran conflict. The conflict had led to the closure of the Strait of Hormuz by Iran, a critical maritime route that supports the transport of about one-fifth of the world's oil supply. This closure sparked one of the most severe oil shocks in history, causing a significant surge in gasoline prices. <h2 style="text-align: center;">Ownership and Share Structure1</h2> ROK Resources has a market cap of CA$62.37 million, with 218.83 million shares outstanding. The company's 52-week range is CA$0.18-CA$0.33. Strategic Investors hold about 1% of shares, while Management and Insiders hold 17%. The rest is retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31595"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31595" width="0" height="0"> ( Companies Mentioned: ROK:TSX.V, ) Wed, 24 Jun 2026 00:00:00 PST Skyharbour Resources: Uranium Catalyst in AI Energy Boom https://www.streetwisereports.com/article/2026/06/25/skyharbour-resources-uranium-catalyst-in-ai-energy-boom.html Source: <a href="https://www.streetwisereports.com/article/2026/06/25/skyharbour-resources-uranium-catalyst-in-ai-energy-boom.html?utm_medium=feed">Streetwise Reports 06/25/2026</a> Skyharbour Resources advances Athabasca Basin uranium projects with Orano and Denison partnerships amid surging AI-driven power demand. Discover key catalysts and analyst targets.<a href="https://www.streetwisereports.com/pub/co/6026?utm_medium=feed" target="_blank" rel="noopener">Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE)</a> is positioned at the intersection of rising electricity needs from artificial intelligence and expanding uranium exploration in Canada's Athabasca Basin. The global push for reliable baseload power is intensifying as data centers multiply. Skyharbour offers retail investors leveraged exposure through active joint ventures and a prospect generator model that reduces dilution while advancing multiple targets. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Skyharbour maintains a 20.8 percent interest in the large Preston Lake project, where Orano Canada is funding and operating a major 2026 drill program.</li> <li>The company acts as operator with an 80 percent stake at the RL project under a joint venture that includes Denison Mines funding up to CA$10 million.</li> <li>Analyst coverage includes a CA$1.00 target from Haywood and a CA$1.16 fair value from Fundamental Research, highlighting rerate potential.</li> <li>Planned drilling across the portfolio exceeds 30,000 meters in 2026, providing multiple discovery opportunities in a proven uranium district.</li> <li>Market capitalization near CA$90 million, with institutional ownership around 55 percent, offers asymmetric upside relative to peers.</li> </ul> <h2 style="text-align: center;">AI Workloads Drive Record Electricity Demand</h2> <a href="https://www.weforum.org/stories/2025/12/net-positive-ai-energy-2030/" target="_blank" rel="noopener">A report by Maria Basso, James Mazurek, and Eric Enselme published on the World Economic Forum site on December 11, 2025,</a> notes that data center power consumption could double by 2030. This structural shift favors nuclear generation because it supplies constant carbon-free electricity, unlike weather-dependent renewables. Utilities worldwide are therefore restarting reactor projects and extending existing plants. <a href="https://carboncredits.com/top-3-uranium-stocks-in-2026-riding-the-nuclear-energy-boom/" target="_blank" rel="noopener">According to a report by Saptakee S for CarbonCredits.com on June 16</a>, more than thirty countries have committed to higher nuclear capacity by 2050, while technology companies explore dedicated nuclear supply for their facilities. <h2 style="text-align: center;">Why Skyharbour Stands Out Among Basin Explorers</h2> Skyharbour combines direct project ownership with a partnership strategy that brings well-capitalized operators to the table. This approach lowers financial risk for shareholders while maintaining meaningful equity in high-potential ground. <h3 style="text-align: center;">Preston Lake Joint Venture With Orano Canada</h3> The 49,635-hectare Preston Lake property hosts prospective structural corridors and graphitic rocks. Orano Canada, holding 79.2 percent and acting as operator, has designed a 2026 program that begins with an airborne gravity gradiometry survey over the northern claim block. Up to 3,500 meters of diamond drilling will follow in approximately ten holes focused on the FSAN and Canoe Lake areas. <a href="https://www.skyharbourltd.com/news-media/news/skyharbour-and-jv-partner-orano-canada-announce-upcoming-exploration-and-drilling-plans-for-summer-2026-at-preston-lake-uranium-project" target="_blank" rel="noopener">According to a June 23 release,</a> the program will test conductive trends that previously returned the highest uranium values recorded on the property. <h2 style="text-align: center;">RL Project Partnership With Denison Mines</h2> <a href="https://www.streetwisereports.com/article/2026/05/21/uranium-explorer-launches-extensive-drilling-campaign-in-athabasca-basin.html?utm_medium=feed" target="_blank" rel="noopener">In May, Skyharbour announced</a> the start of a large-scale ground electromagnetic survey and 4,000 to 5,000 meters of drilling at the 53,192-hectare RL project. The property lies east of Denison Mines Corp.'s (DML:TSX; DNN:NYSE.MKT) Wheeler River development and benefits from existing infrastructure. Skyharbour holds an 80 percent interest and operates the joint venture while Denison funds its 20 percent share up to CA$10 million. <h2 style="text-align: center;">Analyst Perspectives and Valuation Context</h2> Haywood Capital Markets initiated coverage in May with a Buy rating and CA$1.00 price target, citing the Denison partnership and prospect generator model as key differentiators. Fundamental Research raised its fair value to CA$1.16 per share, noting the potential for a maiden resource at the Moore project. Red Cloud maintains a CA$0.65 target, implying meaningful upside from recent trading levels. [OWNERSHIP_CHART-6026] <h2 style="text-align: center;">Share Structure and Institutional Backing</h2> 1Institutional and strategic investors own approximately 55 percent of the shares, retail investors hold about 40 percent, and management and insiders retain roughly 5 percent. President and CEO Jordan Trimble owns 1.52 percent, while Director David Cates holds 0.83 percent. The company has 221.15 million shares outstanding and a market capitalization of CA$89.57 million, with a 52-week range of CA$0.28 to CA$0.66. <h2 style="text-align: center;">Common Questions from Investors</h2> What is Skyharbour's ownership at Preston Lake? Orano Canada owns 79.2 percent, and Skyharbour retains 20.8 percent. How much drilling is planned across the portfolio in 2026? Total planned drilling exceeds 30,000 meters across six projects. Who operates the RL joint venture? Skyharbour is the operator with an 80 percent interest; Denison holds 20 percent. What is the primary exploration focus at Preston Lake in 2026? An airborne gravity survey followed by up to 3,500 meters of drilling on the FSAN and Canoe Lake targets. Why are uranium prices supported? Reactor demand is projected to more than double by 2040 while new supply remains constrained. Skyharbour's combination of partner-funded exploration and direct project exposure provides retail investors with a balanced way to participate in the Athabasca Basin uranium story without taking on single-asset risk typical of pure explorers. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Skyharbour Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31594"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31594" width="0" height="0"> ( Companies Mentioned: SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE, ) Thu, 25 Jun 2026 00:00:00 PST Sage Potash: High-Grade Utah Project Advances With Permits https://www.streetwisereports.com/article/2026/06/25/sage-potash-high-grade-utah-project-advances-with-permits.html Source: <a href="https://www.streetwisereports.com/article/2026/06/25/sage-potash-high-grade-utah-project-advances-with-permits.html?utm_medium=feed">Streetwise Reports 06/25/2026</a> Sage Potash advances its Sage Plain project after securing Utah permits. Discover the high-grade potash resource, USDA grant, and why retail investors are watching this critical mineral play.Sage Potash Corp. (SAGE:TSX; SGPTF:OTC) is moving forward at its Sage Plain potash project after receiving all required county and state permits in Utah. This milestone allows drilling to begin and positions the company to deliver new data on one of North America's promising high-grade solution mining opportunities. <h2 style="text-align: center;">Potash Market Opportunity for US Investors</h2> The global need for potash continues to rise because the mineral is essential for crop yields and food security. The United States currently imports more than 90 percent of its potash supply, creating a clear strategic opening for domestic producers. <a href="https://www.grandviewresearch.com/industry-analysis/potash-market-report" target="_blank" rel="noopener">According to a market analysis by Grand View Research</a>, the worldwide potash market reached US$62.37 billion in 2024 and is expected to expand at a 5.3 percent compound annual growth rate through 2032. Agriculture accounts for 93.1 percent of demand, with potassium chloride, also known as muriate of potash, representing 53 percent of total revenue. <h2 style="text-align: center;">Why Sage Potash Stands Out Today</h2> Sage Potash has secured every permit needed to start drilling at Sage Plain in San Juan County. Officials from the Utah Division of Oil, Gas, and Mining completed a site inspection on May 28, after which the company posted the required reclamation bonds, <a href="https://sagepotash.com/news/sage-potash-secures-all-permits-for-its-drilling-program-at-sage-plain-potash-project-in-utah" target="_blank" rel="noopener">according to a June 18 release</a>. This regulatory clearance removes a key hurdle and allows the technical program to proceed on schedule. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Sage Potash has received all final permits and bonds required to begin drilling at the Sage Plain project in Utah.</li> <li>The company holds a 298-million-tonne inferred resource grading 36-46 percent KCl, among the highest grades globally.</li> <li>A US$14 million USDA grant supports the development of a 300,000-tonne-per-year domestic production facility.</li> <li>A recent PEA shows an after-tax NPV of US$502 million and a 39 percent IRR at an 8 percent discount rate.</li> <li>Management and insiders own roughly 4 percent of the shares, with the balance held primarily by retail investors.</li> <li>An updated resource estimate is expected in the third quarter of 2026 following the current drill program.</li> </ul> <h2 style="text-align: center;">Unique Business Model and Technical Advantage</h2> The company plans to use solution mining, a process that injects brine into underground potash beds to dissolve potassium chloride before pumping the solution to the surface. This method is generally viewed as safer and more environmentally efficient than conventional underground mining. The Sage Plain deposit features two high-grade beds within Cycle 18: the Upper bed contains 179 million tonnes at 46 percent KCl over 7.26 meters, while the Lower bed holds 128 million tonnes at 35.77 percent KCl over 5.46 meters. These grades are considered among the highest in the world. <h2 style="text-align: center;">Key Assets, Catalysts, and Project Economics</h2> <a href="https://sagepotash.com/news/sage-potash-completes-a-pea-that-delivers-after-tax-npv-of-us-502-million-and-irr-of-39">Last September, the company released a Preliminary Economic Assessment (PEA) for the project</a> based on an initial production of 150,000 tonnes per year, expanding to 300,000 tonnes per year. The study outlines an unlevered after-tax Net Present Value of US$502 million at an 8 percent discount rate and an Internal Rate of Return of 39 percent. Capital costs are estimated at US$155 million, including US$26 million in contingencies. The project is projected to generate positive cash flow within two years and achieve payback within five years. <a href="https://www.mining-technology.com/news/sage-plain-potash-project-usda-grant/?cf-view" target="_blank" rel="noopener">Last year, the U.S. Department of Agriculture awarded Sage Potash a US$14 million grant under its Fertilizer Production Expansion Program</a>. The funding is intended to help increase domestic fertilizer output and reduce reliance on imports from Canada, Russia, and the Middle East. In May 2025, potash was designated a critical mineral by Executive Order, a status later confirmed by the Department of the Interior and U.S. Geological Survey. <h2 style="text-align: center;">Industry Timing and Resource Expansion Plans</h2> The drilling program will target the potash-bearing horizons identified in historical drilling at depths of approximately 2,100 meters. <a href="https://mining.com.au/sage-potash-sets-up-for-drilling-at-utah-project/" target="_blank" rel="noopener">According to Paula Fabe, reporting for Mining.com.au on June 21</a>, a 1.275-kilometer step-out hole will be drilled north-northeast from the original exploration hole that supports the current resource. The campaign will also include hydrogeological testing of saline aquifers to assess water yield and quality for future solution mining operations, along with core sampling and geophysical logging. The company expects to publish an updated NI 43-101 resource estimate in the third quarter of 2026 that incorporates both new drill results and historical data. This update is intended to support subsequent feasibility studies and detailed engineering work. <h2 style="text-align: center;">Analyst Views and Valuation Perspective</h2> <a href="http://www.321gold.com/editorials/moriarty/moriarty062226.html" target="_blank" rel="noopener">On June 22</a>, 321gold.com contributor Bob Moriarty highlighted the company's high-grade resource and low market capitalization of roughly CA$22 million. He noted that the shares trade at approximately 0.4 percent of the project's after-tax NPV, describing the valuation as "absurdly cheap." <a href="https://ycharts.com/indicators/potassium_chloride_muriate_of_potash_spot_price" target="_blank" rel="noopener">Standing at around US$400 per tonne,</a> the potash price remains supported by steady agricultural demand and limited new supply additions outside established producing regions. [OWNERSHIP_CHART-10894] <h2 style="text-align: center;">Share Structure and Upcoming Milestones</h2> 1Management and insiders hold about 4 percent of Sage Potash. The remainder is owned primarily by retail investors. The company has 171.24 million shares outstanding and a market capitalization of CA$22.29 million. Its 52-week trading range is CA$0.12 to CA$0.50. Westrock Energy Services has been appointed to manage the drill program, with Drake Well Service serving as the drilling contractor. Mobilization is expected to begin shortly. <h2 style="text-align: center;">Common Questions from Investors</h2> What is solution mining? Solution mining injects brine into underground potash beds to dissolve the mineral, then pumps the potassium-rich solution to the surface for processing. It is generally considered lower risk and more environmentally efficient than traditional mining. When will new resource data be available? The company anticipates releasing an updated NI 43-101 resource estimate in the third quarter of 2026 after completing the current drill program and incorporating historical results. How does the USDA grant affect project funding? The US$14 million grant from the Fertilizer Production Expansion Program provides non-dilutive capital that supports the development of a 300,000-tonne-per-year facility and reduces reliance on equity markets. Why is potash classified as a critical mineral? In 2025, potash was added to the U.S. critical minerals list because it is essential for agriculture, and the country imports over 90 percent of its supply, creating supply-chain security concerns. What are the main project risks? Typical risks include commodity price volatility, execution of drilling and future feasibility work, permitting timelines, and the need for additional financing beyond the existing grant. The combination of secured permits, a substantial USDA grant, high-grade resources, and an attractive valuation on a market-capitalization basis gives retail investors a clear set of milestones to monitor as Sage Potash advances its Sage Plain project. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Sage Potash Corp.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31592"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31592" width="0" height="0"> ( Companies Mentioned: SAGE:TSX; SGPTF:OTC, ) Thu, 25 Jun 2026 00:00:00 PST Uranium Explorer's JV Partner Set to Commence Drilling at Athabasca Basin Uranium Project https://www.streetwisereports.com/article/2026/06/24/uranium-explorers-jv-partner-set-to-commence-drilling-at-athabasca-basin-uranium-project.html Source: <a href="https://www.streetwisereports.com/article/2026/06/24/uranium-explorers-jv-partner-set-to-commence-drilling-at-athabasca-basin-uranium-project.html?utm_medium=feed">Streetwise Reports 06/24/2026</a> Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) announces that joint venture partner Orano Canada Inc. has outlined a drilling program for the Preston Lake Uranium Project in Saskatchewan's Athabasca Basin this year.<a href="https://www.streetwisereports.com/pub/co/6026?utm_medium=feed" target="_blank" rel="noopener">Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE)</a> announced that joint venture partner Orano Canada Inc. has outlined an extensive exploration and drilling program for 2026 at the Preston Lake Uranium Project in Saskatchewan's Athabasca Basin, <a href="https://www.skyharbourltd.com/news-media/news/skyharbour-and-jv-partner-orano-canada-announce-upcoming-exploration-and-drilling-plans-for-summer-2026-at-preston-lake-uranium-project" target="_blank" rel="noopener">according to a June 23 release</a>. The upcoming program is set to commence with a helicopter-borne Airborne Gravity Gradiometry (AGG) survey focused on a high-priority corridor in the northern part of the 49,635-hectare property, the company said. This will be followed by a summer diamond drilling campaign aiming to drill up to 3,500 meters. "The program is designed to build on the encouraging results from the past several years and advance a number of high-priority target areas across the property, particularly within the FSAN and Canoe Lake target areas, where drilling and geophysical surveys have identified prospective structural corridors and extensive alteration zones associated with graphitic metasedimentary rocks," Skyharbour noted in the release. "Orano Canada is the majority owner with 79.2% and operator at the Project, with Skyharbour holding the remaining 20.8% interest." The 2026 exploration campaign at Preston Lake will be anchored by a comprehensive Airborne Gravity Gradiometry survey that will cover the northern portion of the property, including the FSAN and Canoe Lake grids, identified as two of the highest-priority areas. This AGG survey is expected to take approximately two weeks to complete and is designed to detect discrete gravity-low features, faults, and structures across most of the claim area, the release said. The objective is to define and refine high-quality drill targets for the subsequent summer program. <h2 style="text-align: center;">Details of Plans</h2> To ensure thorough coverage, the budget initially set aside for ground gravity work has been redirected to enhance the airborne survey. Detailed ground gravity surveys with tight station spacing of 25 by 25 meters or 50 by 50 meters are now scheduled for early 2027. This follow-up groundwork will be crucial in screening the AGG anomalies, distinguishing false positives such as localized overburden variations, and improving spatial resolution over prospective features in preparation for the 2027 summer drilling season, according to Skyharbour. In July 2026, a helicopter-supported diamond drilling program is set to begin, targeting up to 3,500 meters across approximately 10 drill holes, each averaging around 300 meters in depth, the company said. Depending on the outcomes, certain holes may be extended deeper. This approach mirrors the successful strategy employed in 2025, where drilling was split between directly testing high-priority targets and systematically examining broader graphitic conductive corridors and associated structural features that are prospective for uranium mineralization. Orano Canada, the joint venture partner, expects to allocate six to eight of these drill holes to the northern FSAN area, aiming to test four to six targets. These targets are identified by segmented conductive signals that coincide with localized magnetic and gravity lows along established trends of interest, including the FSA conductive corridor. This corridor has previously yielded the most anomalous uranium values found in drilling on the property to date. The drilling plan also includes an additional two to four holes targeting the Area B conductive corridor, the last major untested conductive trend on the property. This effort will be supported by five lines of complementary DC resistivity coverage gathered in 2020. The outcomes from these drills will inform whether further exploration should continue along this trend. This planned drilling is anticipated to significantly advance the geological understanding of the Preston Lake Project and generate new high-quality drill targets for future exploration, building on extensive groundwork laid during 2024 and 2025. <h2 style="text-align: center;">RL Project Drilling Campaign</h2> <a href="https://www.streetwisereports.com/article/2026/05/21/uranium-explorer-launches-extensive-drilling-campaign-in-athabasca-basin.html?utm_medium=feed" target="_blank" rel="noopener">In May, Skyharbour announced</a> the start of drilling operations at the RL project in the eastern Athabasca Basin of northern Saskatchewan. The project spans 53,192 hectares and includes 16 claims, forming a part of the expansive Russell Lake Joint Ventures. It is strategically located east of Denison Mines Corp.'s (DML:TSX; DNN:NYSE.MKT) flagship Wheeler River project. The area is well-supported by significant regional infrastructure, including an exploration camp, provincial highways, and access to the provincial power grid. Skyharbour, which holds an 80% interest and acts as the operator, has initiated a comprehensive exploration program with a large-scale ground electromagnetic (EM) survey and plans for diamond drilling of 4,000 to 5,000 meters across 10 to 14 holes targeting several high-priority areas within the year. Denison Mines Corp., the joint venture partner, holds the remaining 20% stake and has committed to funding its share of exploration expenditures up to CA$10 million on the property. The RL property boasts several promising target areas, including Christie Lake, Blue Steel, Taylor Bay, Maverick Extension, South Russell, and Kowalchuk Lake. Recent and ongoing ground EM surveys are being conducted to refine and prioritize these targets along key structural corridors and underexplored conductors. The upcoming targeted diamond drilling phase is designed to investigate these high-potential areas, utilizing a combination of historical data, recent drilling results, and new geophysical interpretations to steer the exploration activities. "This drilling at RL is part of a larger planned +15,000-meter, multi-phased drill campaign at Russell this year, bringing the total planned drilling to +30,000 meters across six projects in our portfolio," President and Chief Executive Officer Jordan Trimble said at the time. "These fully funded, ongoing drilling programs between us and our partner companies provide Skyharbour with strong rerate potential and unique multi-project optionality." <h2 style="text-align: center;">Research Firm Initiates Coverage</h2> Haywood Capital Markets Analyst Marcus Giannini initiated coverage of the company on May 28 with a Buy rating and a CA$1 per share price target. "Skyharbour is a uranium exploration company we have followed for some time and has frequently been profiled in Haywood’s Exploration Quarterly Report," the analyst wrote. "Skyharbour is focused on the discovery of unconformity-style uranium deposits in the prolific Athabasca Basin, anchored by its co-flagship Moore Lake and Russell Lake projects." Skyharbour enhances its exploration capabilities through its prospect generator business, which leverages partner-funded exploration primarily on projects near corridors known to host significant uranium deposits, he said. A notable development for Skyharbour is its transformative partnership with Denison for the Russell Lake project. This partnership is seen as a pivotal moment for the project, providing a more robust exploration approach backed by an experienced and well-capitalized partner. "With the partnership at Russell established, a proven project in Moore, and exposure to significant exploration drilling through joint venture projects, we think the timing is right for Skyharbour to take the next step in its exploration journey," Giannini said. "We like Skyharbour for the exposure it provides in terms of blue-sky exploration upside in a proven uranium district, while maintaining a lower risk profile relative to pure play exploration peers through its prospect generator business with minimized dilution through a partnership model." Analysts are also optimistic about Skyharbour's prospects. Sid Rajeev of Fundamental Research Corp. on February 5 highlighted that the company is undertaking its most ambitious annual drill campaign to date, with a key objective for the Moore project being to produce a maiden resource estimate, which he believes will act as a significant catalyst for the company. Rajeev maintained a Buy rating on Skyharbour, raising his fair value estimate from CA$1.12 to CA$1.16 per share. Meanwhile, David Talbot, managing director and head of equity research at Red Cloud, kept his target price for Skyharbour steady at CA$0.65 per share in January, suggesting a potential 48% return and underscoring a positive outlook for the company's stock. <h2 style="text-align: center;">The Catalyst: AI Pushing Energy Demand</h2> <a href="https://www.weforum.org/stories/2025/12/net-positive-ai-energy-2030/" target="_blank" rel="noopener">A report by Maria Basso, James Mazurek, and Eric Enselme published on the World Economic Forum site on December 11, 2025</a>, highlights the significant impact of AI workloads on electricity demand, positioning it as a critical factor for innovation and competitiveness. The authors note, "Data center electricity demand is expected to double by 2030, and recent research from Cornell warns that, without smarter siting and efficiency gains, AI data centers could strain U.S. power systems by 2030 (adding emissions equivalent to 5-10 million cars and consuming water equal to 6-10 million households annually)." This increasing demand for electricity due to the expansion of data centers is causing economic effects across the U.S., with several states experiencing sharp increases in electricity prices. These price hikes are partly attributed to the growth of data centers, which also contribute to wholesale market pressures that ultimately impact household electricity costs. The situation is similar on an international scale. For example, in Ireland, data centers currently consume over 22% of the national electricity usage, a figure that is projected to rise to 30% by 2030. This increase is causing additional strain on the grid and leading to higher electricity costs for households. Nuclear power, once beleaguered by public opposition, project delays, and competition from cheaper natural gas, is now experiencing a resurgence, <a href="https://carboncredits.com/top-3-uranium-stocks-in-2026-riding-the-nuclear-energy-boom/" target="_blank" rel="noopener">according to a report by Saptakee S for CarbonCredits.com on June 16</a>. Globally, nations are in pursuit of reliable, clean energy sources that can provide constant power, unlike intermittent sources like solar and wind. Nuclear energy, capable of generating electricity under any weather conditions, is increasingly seen as a crucial element in achieving emissions reductions while ensuring grid stability. This shift has brought nuclear power back to the forefront of energy policy debates, with over 30 countries now committed to significantly boosting their nuclear capacity by 2050. Additionally, major technology firms are considering nuclear power to satisfy the substantial energy demands of AI-driven data centers, further fueling interest in this energy source. This renewed enthusiasm is proving beneficial for uranium producers, as investor interest in uranium stocks grows, the report said.[OWNERSHIP_CHART-6026] Regarding uranium prices, they have shown considerable volatility in recent years, yet the overarching trend is upward, according to the CarbonCredits piece. Trading Economics notes that uranium has recently been trading at around US$85 per pound, a figure well above its pre-2021 levels. Over the past year, prices have increased by more than 18%, despite some fluctuations. Earlier in 2026, spot uranium prices even surpassed $100 per pound before stabilizing. Long-term contract prices remain robust as utilities lock in future fuel supplies, driven by a demand that is escalating faster than supply. The World Nuclear Association's data underscores this trend, estimating the global reactor requirements at approximately 68,920 tonnes of uranium in 2025. Under its reference scenario, demand is projected to soar beyond 150,000 tonnes by 2040, indicating a potential doubling in demand over the next 15 years. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Institutional and strategic holders account for roughly 55% of the share structure, retail approximately 40%, and management and insiders approximately 5%. President and CEO Jordan Trimble holds a 1.52% stake, and Director David Cates holds approximately 0.83%. Skyharbour has 221.15 million shares outstanding and a market capitalization of CA$89.57 million. Its 52-week trading range spans CA$0.28 to CA$0.66 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Skyharbour Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31578"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31578" width="0" height="0"> ( Companies Mentioned: SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE, ) Wed, 24 Jun 2026 00:00:00 PST Critical Mineral Co. Advances High-Grade Utah Potash Project Toward Feasibility https://www.streetwisereports.com/article/2026/06/24/critical-mineral-co-advances-high-grade-utah-potash-project-toward-feasibility.html Source: <a href="https://www.streetwisereports.com/article/2026/06/24/critical-mineral-co-advances-high-grade-utah-potash-project-toward-feasibility.html?utm_medium=feed">Streetwise Reports 06/24/2026</a> Sage Potash Corp. (SAGE:TSX; SGPTF:OTC) secures approvals and permits to start drilling at its Sage Plain project in Utah. See how the U.S. government has given its stamp of approval to the project, which is searching for an irreplaceable fertilizer.Sage Potash Corp. (SAGE:TSX; SGPTF:OTC) has successfully secured all necessary approvals and permits from local county authorities and the State of Utah, green lighting the commencement of drilling operations at its Sage Plain project in San Juan County, <a href="https://sagepotash.com/news/sage-potash-secures-all-permits-for-its-drilling-program-at-sage-plain-potash-project-in-utah">according to a June 18 release</a>. The final go-ahead was issued after a routine site inspection on May 28 by officials from the Utah Division of Oil, Gas, and Mining, along with representatives from Sage Potash and its contractors. This inspection also included the posting of required drilling-reclamation-related bonds. "Receiving final approvals marks a major milestone in the advancement of the Sage Plain potash project," said Chief Executive Officer J. Patricio Varas. "Our technical team has designed a focused multipurpose drill program aimed at generating the critical geological and hydrogeological data required to potentially upgrade the resource and advance the project toward feasibility studies and detailed engineering. We are confident this program will further demonstrate the quality and scale of the project while being executed safely and efficiently." The company has appointed Westrock Energy Services (USA) Inc. to manage and coordinate the drilling program, with Drake Well Service Inc. serving as the drilling contractor. The drilling initiative aims to target these potash-rich layers to both expand and enhance the resource confidence. This effort is seen as key to developing what management believes is one of the most promising high-grade solution mining potash targets in North America. The campaign's agenda will also feature a thorough hydrogeological assessment, including targeted drill stem tests in formations with adequate water flow. These tests are designed to evaluate yield rates and water quality, focusing primarily on saline non-potable aquifers crucial for future solution mining operations. Additionally, fluid sampling and detailed water analysis will be conducted to aid future processing design and cavern development. Mechanical testing on the core will also be completed to gain valuable information required for the mining operational plans. Upon completing the coring operations, the open borehole will be subjected to a comprehensive suite of geophysical wireline logs, the release noted. The extracted potash horizon core samples will be sent to an independent laboratory for detailed geological logging, geochemical sampling, and assaying. These procedures will adhere to strict quality assurance and control protocols to verify the grade, continuity, and thickness of the sylvinite mineralization. The company anticipates releasing an updated resource estimate in the third quarter of 2026. This update will integrate findings from the current drilling efforts and historical data, setting the stage for subsequent feasibility studies, detailed engineering, and broader development planning. The company and its contractors are preparing to mobilize for the drilling program imminently. Sage Potash is dedicated to advancing its flagship Sage Plain potash project in Utah's Paradox basin. With a substantial and high-grade resource base, the company is focused on establishing a reliable and sustainable domestic potash production platform in the United States, committed to food security, environmental stewardship, and generating value for shareholders and stakeholders alike. <h2 style="text-align: center;">Major USDA Grant</h2> Last year, the U.S. Department of Agriculture (USDA) awarded a US$14 million grant to the company as part of its Fertilizer Production Expansion Program, aimed at increasing the production and availability of fertilizers in the U.S. The funding is a crucial component of the financial plan for the project, which targets an annual production of 300,000 tonnes of potash, <a href="https://www.mining-technology.com/news/sage-plain-potash-project-usda-grant/?cf-view" target="_blank" rel="noopener">according to a report by Mining Technology</a>. The grant is particularly significant as it supports the U.S. efforts to enhance domestic potash production, a vital nutrient for plant growth and a critical element in global food security. Currently, the U.S. imports over 90% of its potash from abroad, including Canada, the former Soviet Union, and the Middle East. The financial support from the USDA is therefore seen as a strategic move to reduce dependency on foreign potash supplies. The importance of potash was underscored in May 2025 when it was designated as a critical mineral by an Executive Order from U.S. President Donald Trump, the report noted. This designation was confirmed in August 2025 when potash was added to the draft list by the Department of the Interior and the U.S. Geological Survey. Being classified as a critical mineral brings several strategic benefits, including access to federal funding opportunities and tax credits, which are advantageous for companies involved in the production of potash. The company plans to implement solution mining, a method that involves injecting brine to dissolve potassium chloride underground and extracting it to the surface for processing. This method is considered safer and more environmentally efficient than traditional mining approaches. <a href="https://sagepotash.com/news/sage-potash-completes-a-pea-that-delivers-after-tax-npv-of-us-502-million-and-irr-of-39">Last September, the company released a Preliminary Economic Assessment (PEA) for the project</a> at a capacity size starting at 150,000 tonnes per year (tpy) and expanding to 300,000 tpy. The PEA reveals impressive project economics, including an unlevered, after-tax Net Present Value (NPV) of US$502 million at an 8% discount rate, and an Internal Rate of Return (IRR) of 39%. The project is based on a premium potash deposit estimated at 298 million metric tonnes, featuring a high potash (KCl) grade of 42.1% (equivalent to 26.6% K2O), with less than 1% insolubles and a minimal 0.01% carnallite content. This positions the project not only as a significant domestic resource but also as a critical mineral initiative that supports U.S. domestic production with potential for future capacity and resource expansion. Financially, the project is expected to generate positive cash flow within two years and achieve a rapid payback on investment within five years. From a capital expenditure perspective, the project is characterized by relatively low startup costs estimated at US$155 million. This total includes US$26 million allocated for contingencies and US$16 million for indirect construction costs, which together constitute 27% of the total project expenditure. These financial attributes enhance the project's appeal and feasibility as a significant player in the U.S. potash market. <h2 style="text-align: center;">Expert: Shares Are 'Absurdly Cheap'</h2> <a href="http://www.321gold.com/editorials/moriarty/moriarty062226.html" target="_blank" rel="noopener">On June 22</a>, 321gold.com's Bob Moriarty noted he had been approached by the company. "You need to know a little about growing plants," Moriarty wrote. "They need three different chemicals for ideal growth: nitrogen, phosphorus, and potassium. Potash supplies the potassium. For the U.S., Canada supplies about 81% of the needed material, with Russia providing an additional 15%. The U.S. only produces 5-10% of the potash demanded; the rest is imported." The price of potash <a href="https://ycharts.com/indicators/potassium_chloride_muriate_of_potash_spot_price" target="_blank" rel="noopener">stands at around US$400 per tonne</a>. According to the U.S. Geological Survey, Utah alone harbors about 2 billion tonnes of potash, indicating a significant domestic resource. Sage Potash boasts potash grades of 36-46% KCL, which are among the highest globally, Moriarty said. The company employs a solution mining technique, involving the pumping of brine into a deep well to reach a potash layer that is between 5.5 and 7.3 meters thick. Sage has identified two high-grade potash beds: the Upper Cycle 18, which contains 179 million tonnes at 46% KCL across 7.26 meters, and the Lower Cycle 18, which comprises 128 million tonnes at 35.77% KCL across 5.46 meters. Sage has initiated a drilling program aimed at expanding these resources as outlined in their NI 43-101 report, which currently shows an inferred resource of 298 million tonnes at 36-46% KCL. "The company believes they can release an updated 43-101 and results from the current drill program by September," Moriarty noted. "With a current market cap of about CA$22 million, about 0.4% of the NPV, the shares seem absurdly cheap to me." <h2 style="text-align: center;">Targeting Potash Identified By Historical Drilling</h2> <a href="https://mining.com.au/sage-potash-sets-up-for-drilling-at-utah-project/" target="_blank" rel="noopener">According to Paula Fabe reporting for Mining.com.au on June 21</a>, Sage's drilling strategy includes the creation of a 1.275-kilometer step-out hole extending north-northeast from the initial exploration hole, which serves as the basis for the current resource estimation. "Historical drilling identified significant potash mineralization within the Cycle 18 upper and lower beds at depths of approximately 2,100 meters," Fabe wrote. She continued, "The company says drilling will target potash-bearing horizons to expand and upgrade resource confidence levels, while a comprehensive hydrogeological assessment will evaluate yield rates and water quality in saline non-potable aquifers." <h2 style="text-align: center;">The Catalyst: An Irreplaceable Fertilizer</h2> <a href="https://www.investopedia.com/terms/p/potash.asp" target="_blank" rel="noopener">Investopedia defines potash</a> as a collection of potassium-based salts that are water-soluble and predominantly used as fertilizers, with potassium chloride (KCl) being the most common form. It is extensively used to enhance the taste, texture, yield, and water retention of various crops including corn, wheat, rice, and cotton. The importance of potash is underscored by the fact that it is irreplaceable as a fertilizer, with a report noting that "there is no substitute for potash as a fertilizer," and pointing out that 85% of its use in the United States is dedicated to agriculture. Beyond its agricultural applications, potash is also utilized in the production of soap, glass, and ceramics. <a href="https://pubs.usgs.gov/periodicals/mcs2025/mcs2025-potash.pdf" target="_blank" rel="noopener">The U.S. Geological Survey's National Minerals Information Center provided insights</a> into the geological origins of global potash reserves in its 2025 report, detailing how ancient shallow seas deposited potash-bearing salts like potassium chloride and sodium chloride, which were later buried deep within the earth's crust. This geological process has resulted in potash production being concentrated in a few regions globally, with Belarus, Canada, China, Germany, Israel, Jordan, and Russia accounting for nearly 94% of the global supply. The United States, however, has limited domestic production, primarily in New Mexico and Utah.[OWNERSHIP_CHART-10894] <a href="https://www.grandviewresearch.com/industry-analysis/potash-market-report" target="_blank" rel="noopener">According to a market analysis by Grand View Research</a>, the global potash market was valued at US$62.37 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.3% through 2032. This growth is driven by increasing global food requirements, soil nutrient depletion, and the rising adoption of precision agriculture techniques. The report from Grand View Research also highlighted that in 2024, "The agriculture end-use segment dominated the market with a revenue share of 93.1%," attributing this dominance to potash's critical role in enhancing crop yields, root development, and drought resistance. Furthermore, the potassium chloride segment, also known as muriate of potash (MOP), accounted for a 53.0% revenue share in 2024 and continues to be the most extensively used form of potash worldwide. This segment is particularly vital in nitrogen-phosphorus-potassium (NPK) fertilizer blends and experiences strong demand in major agricultural nations such as India and China. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 4% of Sage Potash is held by management and insiders. The rest is primarily retail. Sage Potash has a market capitalization of CA$22.29 million. It has 171.24 million shares outstanding and a 52-week trading range of CA$0.12 - CA$0.50. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Sage Potash Corp.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31565"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31565" width="0" height="0"> ( Companies Mentioned: SAGE:TSX; SGPTF:OTC, ) Wed, 24 Jun 2026 00:00:00 PST Altius Minerals Positions for Growth as Renewables Surge and Index Inclusion Boosts Visibility https://www.streetwisereports.com/article/2026/06/20/altius-minerals-positions-for-growth-as-renewables-surge-and-index-inclusion-boosts-visibility.html Source: <a href="https://www.streetwisereports.com/article/2026/06/20/altius-minerals-positions-for-growth-as-renewables-surge-and-index-inclusion-boosts-visibility.html?utm_medium=feed">Streetwise Reports 06/20/2026</a> Explore how Altius Minerals is capitalizing on the expanding renewable energy sector through strategic royalty investments like the Coles Wind project while joining Canada's premier equity benchmark.The renewable energy sector is attracting significant attention from investors seeking exposure to long-term global shifts toward cleaner power sources. With valuations projected to climb dramatically over the next decade, companies that provide structured financing to this space stand to benefit from rising electricity demand and supportive policy environments. <h2 style="text-align: center;">Altius Minerals Stands Out in Royalties Space</h2> Altius Minerals Corp. (ALS:TSX) has built a diversified royalty portfolio that offers retail investors indirect participation in multiple commodity cycles without the operational risks of direct mining or development. The company generates revenue through royalty streams tied to production from long-life assets, creating a relatively stable cash-flow profile compared to traditional resource operators. This business model allows shareholders to gain exposure to trends such as the rising share of electricity in overall energy consumption and the global transition to lower-carbon sources. Altius also maintains a project generation division that identifies and advances early-stage mineral assets before vending them to larger developers in exchange for royalties, adding another layer of potential returns. <h2 style="text-align: center;">Strategic Renewable Investment via Great Bay Royalties</h2> A key recent development involves Altius' support for a major wind energy royalty transaction. A subsidiary of the company participated in funding Great Bay Royalties' investment in the 311-megawatt Coles wind project in Illinois, being developed by Apex Clean Energy, <a href="https://altiusminerals.com/_resources/press-releases/nr-20260615.pdf" target="_blank" rel="noopener">according to a June 15 release</a>. The project began construction in January 2026 and is expected to achieve commercial operations in the second half of 2027. The structure features variable royalty rates that start higher to meet return targets over the first decade before settling into a long-term gross revenue royalty. A lower perpetual tail royalty is also included to support potential future expansions that could extend project life or increase output. Altius holds an effective 29 percent interest in Great Bay Royalties and contributed approximately US$12.4 million to help fund the capital call. <h2 style="text-align: center;">Index Inclusion Enhances Market Profile</h2> Altius is scheduled to join the S&P/TSX Composite Index effective prior to the open of trading on June 22. This benchmark represents Canada's leading equity index and includes the largest and most actively traded companies on the Toronto Stock Exchange. The addition follows existing memberships in the S&P/TSX Small Cap, S&P/TSX Global Mining, and S&P/TSX Canadian Dividend Aristocrats indices, <a href="https://altiusminerals.com/_resources/press-releases/nr-20260608.pdf" target="_blank" rel="noopener">Dalton said in the June 8 release</a>. Market observers note that index inclusion often triggers incremental buying from funds that track the benchmark, potentially improving liquidity and visibility for retail investors. <h2 style="text-align: center;">Recent Financial Performance and Analyst Perspectives</h2> In the first quarter, Altius reported revenue of CA$22.2 million versus CA$12.6 million in the same period of 2025. Attributable royalty revenue reached CA$26.8 million or CA$0.55 per share, up from CA$15 million or CA$0.32 per share a year earlier. The increase reflected higher realized prices, timing of copper stream deliveries, new lithium royalties, and stronger electricity royalty revenue, partially offset by lower iron ore dividends. <a href="https://www.marketbeat.com/stocks/TSE/ALS/forecast/">According to the site MarketBeat</a>, as of June 19, six analysts held ratings on the stock, including two Buys and four Holds, with a consensus price target of CA$56.36 per share. <a href="https://www.investing.com/equities/altius-minerals-corp-consensus-estimates" target="_blank" rel="noopener">Investing.com noted seven analyst ratings</a>, including four Buys, with a 12-month average of CA$58.64. <h2 style="text-align: center;">Broader Industry Tailwinds Support Outlook</h2> The global renewable energy market was valued at US$1.6 trillion in 2025 and is projected to reach US$4.86 trillion by 2033, reflecting a compound annual growth rate of 14.7 percent from 2026 to 2033, <a href="https://www.grandviewresearch.com/industry-analysis/renewable-energy-market" target="_blank" rel="noopener">according to a report by Grand View Research</a>. Asia Pacific held the largest regional share at 41.51 percent in 2025, while solar accounted for 31.61 percent of revenue by energy source. The industrial end-use segment led revenue generation. [OWNERSHIP_CHART-115] Separately, the global wind energy market stood at US$174.5 billion in 2024 and is expected to expand at more than 11.1 percent annually through 2034, according to a <a href="https://www.gminsights.com/industry-analysis/wind-energy-market?gad_source=1&gad_campaignid=22560601820&gbraid=0AAAAACuPGhW1G1e2_d6H0UGx-iEAi3ZPe&gclid=Cj0KCQjwrs7RBhDuARIsAIVfBD0RUAu7qxyaZSowANhMUD7ueNy63InJohO6atunHjOG76ZKy3iRI64aAq9oEALw_wcB" target="_blank" rel="noopener">report by Global Market Insights in February 2025</a>. Larger turbine designs, material improvements, and digital enhancements are helping lower costs and raise output, supporting wider adoption across North America, Europe, and Asia. <h2 style="text-align: center;">Ownership Profile and Capital Structure</h2> 1About 5 percent of Altius Minerals Corp. is held by insiders and management, about 12 percent by holding companies, and about 28 percent by institutions, with the balance held by retail investors. The company has a market capitalization of CA$3.35 billion based on 55.74 million shares outstanding and has traded between CA$26.59 and CA$62.07 over the past 52 weeks. Retail investors evaluating Altius may appreciate the combination of established royalty cash flows, ongoing renewable energy exposure, and upcoming index-driven visibility as the broader clean power market continues its expansion. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Altius Minerals Corp.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31544"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31544" width="0" height="0"> ( Companies Mentioned: ALS:TSX, ) Sat, 20 Jun 2026 00:00:00 PST