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While President Donald Trump and his administration brushed off the ‘No Kings’ nationwide protests rebuking the president over the weekend, Democrats lauded the protesters for standing up for democracy. 

The protest marked at least the second time ‘No Kings’ rallies have been organized across the country in major cities, including Washington, New York City and Los Angeles, since Trump took office for the second time, and organizers claim the protests are in opposition to his authoritarian policies. 

Meanwhile, Trump pushed back on the description of ‘king,’ as he and other Republicans poked fun at the millions participating in the rallies. 

‘I’m not a king,’ Trump told reporters Sunday on Air Force One. ‘I work my ass off to make our country great. That’s all it is. I’m not a king at all.’

Trump also characterized the protests as inconsequential, and said that those who participated didn’t accurately reflect the people who make up the U.S. 

‘The demonstrations were very small, very ineffective and the people were whacked out,’ Trump said Sunday. ‘When you look at those people, those are not representative of the people of our country.’

Despite Trump’s rejection of being labeled a king, the official White House social media accounts previously posted an image in February of Trump wearing a crown with a caption claiming ‘long live the king.’ Trump also reposted an AI-generated video that Vice President JD Vance originally shared, depicting Trump placing a crown on his head and drawing a sword. 

Additionally, Trump shared another AI-generated video of him donning a crown in a fighter jet over New York City, unloading what appeared to be feces on the protesters. 

Meanwhile, Speaker of the House Mike Johnson, R-La., said that Senate Minority Leader Chuck Schumer, D-N.Y. needed a distraction from the government shutdown that started Oct. 1, although Johnson did admit that the protests turned out to be a ‘violent-free, free speech exercise.’ 

‘They needed a stunt,’ Johnson said in an interview with ABC Sunday. ‘They needed a show. Chuck Schumer has — needs cover right now. He’s closed the government down because he needs political cover, and this was a part of it.’

However, Democrats said the protests were an opportunity to stand up for democracy. For example, Schumer said that there are ‘no dictators’ in the U.S., and that ‘we won’t allow Trump to keep eroding our democracy.’ 

‘Dictators evolve when good people of all different beliefs and backgrounds stay silent,’ Schumer said in a social media post on Saturday. ‘This No Kings Day says we will not stay silent.’

Additionally, former Speaker of the House Nancy Pelosi shared a video clip of her dismantling a plastic crown, appearing to harken back to when she ripped Trump’s State of the Union address in 2020. 

‘We’re gonna tear up the crown!’ Pelosi said in the brief clip, which she shared on social media with the caption: ‘No crown. #NoKings!’ 

Sen. Adam Schiff, D-Calif., also weighed in, claiming ‘we said ‘hell no’ to kings, and reminded the nation and the world what patriotism looks like.’ 

‘From our nation’s capitol to cities across California, millions stood shoulder to shoulder to say that our democracy is worth fighting for, that our voices will not be silent, and that we will not sit back and let a wannabe king take our freedoms,’ Schiff said Saturday to accompany several photos of himself at the protest in Washington. ‘Proud to stand with you.’ 

Additionally, Sen. Patty Murray, D-Wash., said the protests were reflective of the democratic process in the U.S. 

‘This is what democracy looks like!’ Murray said in a Saturday social media post. ‘We use our voices and our votes. NO KINGS IN AMERICA!’

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President Donald Trump announced on Monday that construction has begun on a new, privately funded White House Ballroom – a long-envisioned addition designed to host state visits and large gatherings – as part of a modernization of the East Wing.

‘I am pleased to announce that ground has been broken on the White House grounds to build the new, big, beautiful White House Ballroom,’ Trump said on Truth Social. ‘Completely separate from the White House itself, the East Wing is being fully modernized as part of this process, and will be more beautiful than ever when it is complete!

‘For more than 150 years, every President has dreamt about having a Ballroom at the White House to accommodate people for grand parties, State Visits, etc. I am honored to be the first President to finally get this much-needed project underway — with zero cost to the American Taxpayer!’ he continued. ‘The White House Ballroom is being privately funded by many generous Patriots, Great American Companies, and, yours truly. This Ballroom will be happily used for Generations to come!’

White House press secretary Karoline Leavitt said during a briefing in July that the construction of the estimated $200 million new ballroom would begin in September and be ‘completed long before the end of President Trump’s term.’

Her announcement came after a similar gesture earlier this year, when Trump personally financed the installation of two 88-foot American flags flanking the White House, each reportedly costing about $50,000.

‘The White House is currently unable to host major functions honoring world leaders in other countries without having to install a large and unsightly tent approximately 100 yards away from the main building’s entrance,’ Leavitt said at the time, adding the new ballroom will be ‘a much needed and exquisite addition.’

She also said the United States Secret Service will provide the necessary security enhancements and modifications during the construction.

The project is intended to provide a dedicated space for hosting official events, state dinners and large ceremonial gatherings.

The new 90,000-square-foot addition will accommodate approximately 650 seated guests and will stay true to the classical design of the White House.

The White House does not have a formal ballroom, and the new ballroom will take the place of the current East Wing of the White House.

Trump chose McCrery Architects to design the project, with Clark Construction overseeing the build and AECOM providing engineering support.

Fox News Digital’s Amanda Macias contributed to this report.

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A pair of Senate Republicans plan to nominate President Donald Trump for the Nobel Peace Prize for his role in fast-tracking the production and distribution of vaccines during the COVID-19 pandemic.

Sen. Bill Cassidy, R-La., and Senate Majority Whip John Barrasso, R-Wyo., plan to introduce a resolution that would formally nominate Trump for the prize for launching Operation Warp Speed at the onset of the pandemic in 2020.

The executive action saw a large-scale collaboration among multiple federal agencies and private companies to fast-track the research, development and distribution of vaccines during the pandemic, and was funded by billions from the Coronavirus Aid, Relief, and Economic Security Act. 

The lawmakers’ push comes after Trump expressed his desire to win the Peace Prize for his involvement in striking a deal between Israel and Hamas, and shortly after the prize committee passed over him. It’s also the most recent in a string of nomination pushes from congressional Republicans. 

Both Cassidy and Barrasso, who were doctors before becoming legislators, lauded the massive mobilization effort and credited Operation Warp Speed for saving millions of lives during the pandemic.

‘When Americans needed a vaccine in record time to stop a once-in-a-generation pandemic, President Trump delivered,’ Cassidy said. ‘The Nobel Prize has been given for a lot less. He should receive the next one!’

Barrasso contended that Operation Warp Speed would ‘not have been possible without President Trump’s bold leadership.’

‘He bent an infamously slow bureaucracy to his will to bring a vaccine to market in under a year. Operation Warp Speed saved millions of lives in the United States and millions more lives around the world. President Trump deserves the Nobel Peace Prize for his life-saving achievement,’ he said.

Other congressional Republicans have sought to nominate Trump for the award for varying achievements this year, including his involvement in striking a deal to see the end of the Israel-Hamas War. 

And Dr. Mehmet Oz, who Trump tapped as administrator for the Centers for Medicaid & Medicare Services, argued the president should win the prize for Operation Warp Speed, which he called a ‘a massive success for our country.’ 

But their push to nominate Trump for his role in vaccine development comes after both lawmakers sparred with Human Health and Services (HHS) Secretary Robert F. Kennedy Jr., during a Senate hearing last month following turmoil at the Centers for Disease Control and Prevention and questions over his stance on vaccines.

Cassidy pressed Kennedy during his appearance before the Senate Finance Committee in September, where the HHS Secretary agreed that Trump should win the prize for Operation Warp Speed.

‘Absolutely, senator,’ Kennedy said.

However, at the time, Cassidy questioned Kennedy’s actions against vaccines prior to his role as HHS Secretary — and while leading the agency — that appeared to counter his support for Operation Warp Speed.

Kennedy countered that he began litigating against former President Joe Biden’s COVID-19 vaccine mandates and not against Trump’s push with Operation Warp Speed.

‘First of all, the reason that Operation Warp Speed was genius is it did something nobody ever [had] done — I don’t think any president but President Trump could do it — it got the vaccine to market that was perfectly matched to the virus at that time,’ Kennedy said. 

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A House Republican exploring higher office is predicting the ongoing government shutdown will make the 2026 midterm field a more difficult one for Democrats.

‘Once all the dust settles, I think people will think, ‘Why did the Democrats shut it down? What was their reason? What did they get out of it?’’ Rep. Randy Feenstra, R-Iowa, told Fox News Digital.

‘And I think once this all passes over the next two, three months, I think people will think, like, ‘Shame on all these partisan antics the government did and shame on [Senate Majority Leader Chuck Schumer, D-N.Y.] for going down this path, having no idea of how to get it reopened.’

Feenstra is expected to announce a run for Iowa governor, having already started gathering endorsements and creating a ‘Feenstra for Governor’ website.

He’s also one of the vast majority of House Republicans who voted to pass the GOP’s government funding bill on Sept. 19.

It was a seven-week extension of fiscal year (FY) 2025 federal funding levels called a continuing resolution (CR), aimed at giving congressional negotiators more time to strike a longer-term deal on FY2026 spending.

But in the Senate, where at least several Democrats are needed to reach the 60-vote threshold to break a filibuster, progress has stalled.

Senate Democrats have tanked the bill in the upper chamber 11 times since the House passed it.

Three members of the Senate Democratic caucus have been voting with Republicans, but under the current tally, at least five more are needed to hold a final vote on the bill.

Democrats are demanding that any funding bill be paired with significant concessions on healthcare, specifically an extension of Obamacare subsidies that were enhanced during the COVID-19 pandemic, which are set to expire at the end of this year.

I think it affects people up and down the ticket, because you have the Democrats … who say, ‘Schumer is right.’ You have these liberal progressives that no matter what happens, they just want to spend more money, and they want to make sure illegal immigrants get healthcare,’ Feenstra said.

‘It’s very concerning, I think once people understand that, I think it could have a really catastrophic effect on Democrats next election cycle,’ he said.

Democrats have called GOP accusations that they want to restore healthcare for illegal immigrants a lie. A counter-proposal for a CR introduced by Democrats last month would eliminate healthcare changes in Republicans’ One Big Beautiful Bill Act, some of which are aimed at keeping certain noncitizens from accessing government-funded healthcare.

Feenstra also criticized Democrats’ counter-proposal because it would eliminate a new $50 billion rural hospital fund established in Republicans’ policy bill.

‘Everybody’s really worried about our healthcare. There’s $50 billion in the ‘big, beautiful bill,’ [President Donald Trump’s] big, beautiful bill, to help critical access hospitals in the Midwest and in Iowa. That’s in jeopardy right now,’ Feenstra said.

‘So there’s a lot of concern right now in rural Iowa. And everybody understands that you’ve got to get the government open so that we can negotiate and figure this out.’

The Iowa Republican, whose district skews heavily rural, said he was also worried about critical programs for farmers that are endangered by the shutdown.

‘This is really affecting the farm community over in the Midwest,’ he said.

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Former President Joe Biden completed a round of radiation treatment for his aggressive form of prostate cancer on Monday.

Biden had been undergoing treatment at Penn Medicine Radiation Oncology in Philadelphia for several weeks. The former president’s daughter, Ashley Biden, hailed the milestone in a post on social media.

‘Rung the bell! Thank you to the incredible doctors, nurses, and staff at Penn Medicine. We are so grateful!’ she wrote on Instagram.

‘He rang the bell today,’ Biden spokeswoman Kelly Scully confirmed, according to CBS News.

‘Dad has been so damn brave throughout his treatment. Grateful,’ Ashley wrote in a follow-up post.

It is common practice for cancer treatment centers to have patients ring a bell when they complete a round of radiation treatment. It serves as both a mark of progress for the patient and a form of encouragement for other patients undergoing treatment in the facility.

It is unclear whether Biden will need to undergo further rounds of radiation therapy.

Biden announced his diagnosis with prostate cancer in May, saying it had already metastasized and spread to his bones. The announcement redoubled concerns that the White House was not being forthright about Biden’s health during his time in office.

Biden also underwent surgery Sept. 4 to remove cancerous skin cells through a procedure known as Mohs surgery.

During his presidency, Biden had a cancerous skin lesion removed from his chest, the White House previously said. Former White House physician Kevin O’Connor noted in February 2023 that a biopsy of skin tissue taken during a health assessment revealed cancerous cells, all of which were successfully removed.

Fox News’ Bonny Chu contributed to this report.

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China’s spy agency accused the U.S. National Security Agency (NSA) of hacking its national time service, alleging a yearslong cyberespionage campaign that targeted the system keeping official Beijing Time — a backbone for China’s telecommunications, finance and defense sectors.

The Ministry of State Security claimed the NSA began the operation in 2022 by exploiting a text-messaging vulnerability to gain control of employee cell phones at the National Time Service Center, then used stolen credentials to access servers and implant covert tools. The alleged breach, if true, could have allowed attackers to tamper with national timekeeping — a move that experts say could disrupt communications, banking and satellite navigation across China.

The NSA said in a statement it ‘does not confirm nor deny allegations in the media regarding its operations. Our core focus is countering foreign malign activities persistently targeting American interests, and we will continue to defend against adversaries wishing to threaten us.’

Chinese Investigators allege the hackers deployed 42 ‘specialized cyberattack weapons’ to implant sabotage capabilities.

The attackers allegedly forged digital certificates, bypassed antivirus software and used strong encryption to erase traces to conceal activity. Tampering with the National Time Service could disrupt financial transactions, communications and satellite timing.

China’s national security agency said it countered the operation by cutting off the attack chain and upgrading defenses.

The Beijing statement claimed that in recent years, the U.S. has pursued ‘cyber hegemony,’ launching hacking operations against China and across the globe.

But for years, U.S. officials have said the nation needs to take a more offensive approach to cyber espionage, given China’s frequent intrusions into U.S. systems.

In a media statement, the U.S. embassy in Beijing said China ‘is the most active and persistent cyber threat to U.S. government, private-sector and critical infrastructure networks.’

The latest claim fits into years of mutual accusations of state-sponsored cyber activity between the world’s two largest powers. Beijing has frequently accused the U.S. of hacking Chinese systems, while American intelligence and private cybersecurity firms have repeatedly attributed massive data-theft campaigns – from the Microsoft Sharepoint breach to Operation Salt Typhoon – to Chinese state-linked groups.

In April, Chinese authorities accused the NSA of launching attacks against networks linked to the Asian Winter Games held in February.

This post appeared first on FOX NEWS

Morgan Stanley (NYSE:MS) recently recommended that investors consider a 60-20-20 portfolio where 20 percent is allocated to gold.

Rich Checkan, president and COO of Asset Strategies International, crunches the numbers, explaining what that type of shift could mean for the yellow metal.

He also shares his thoughts on gold and silver’s ongoing price run.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Torchlight Innovations Inc. (TSXV: TLX.P) (‘Torchlight’ or ‘the Company’), doing business as RZOLV Technologies, is pleased to announce positive preliminary results from its metallurgical testing program focused on rare earth and critical mineral leaching using its proprietary RZOLV reagent system.

Modern economies are increasingly dependent on a broad suite of critical minerals and rare earth elements—including lithium, cobalt, nickel, praseodymium, tellurium, gallium, scandium, and others—that are essential to clean energy, advanced electronics, battery storage, and defense technologies.

According to the International Energy Agency (IEA), these minerals are ‘crucial to the performance of batteries, permanent magnets, and other clean energy technologies.’ The U.S. Department of Energy (DOE) similarly notes that critical minerals ‘are vital for a wide range of industries, including clean energy and defense,’ powering systems such as solar panels, wind turbines, and electric vehicle batteries. As traditional high-grade deposits become harder to access, attention is shifting toward secondary and unconventional sources such as tailings, mine waste, low-grade ores, brines, and industrial by-products. (Sources: https://www.iea.org/topics/critical-minerals| https://www.energy.gov/fecm/articles/developing-domestic-supply-critical-minerals-and-materials)

In this emerging landscape, a reagent like RZOLV, capable of dissolving over twenty such elements, represents a potentially transformative advancement in sustainable mineral recovery.

Key Highlights

  • Multi-Element Recovery: RZOLV dissolved over 25 critical and rare earth elements under mild, non-toxic conditions, with standout recoveries of cerium (73%), manganese (64%), and cobalt (60%).
  • REE and Base Metal Versatility: Consistent recoveries (40-45%) for mid-series rare earths such as samarium, europium, and gadolinium demonstrate RZOLV’s broad leaching capability across both transition and lanthanide elements, validating its cross-commodity potential.
  • Proven Chemistry: The reagent’s redox-complex system mobilizes metals without cyanide or harsh acids, enabling clean, efficient extraction.
  • Cross-Commodity Flexibility: Consistent recoveries across both base and rare earth elements confirm broad market potential.
  • Proven Compatibility: Leach solutions integrate easily with standard ion-exchange and solvent-extraction systems for scalable downstream recovery.
  • Compatibility with Standard Hydrometallurgy: RZOLV leach solutions are compatible with ion-exchange (IX) and solvent-extraction (SX) systems, providing efficient and selective pathways for downstream metal recovery and purification.
  • Sustainable Advantage: Operates at ambient temperature and low pH-lowering environmental risk, reducing cost, and unlocking value from tailings and low-grade sources.

Multi-Element Leachability Assessment of Critical and Rare Earth Samples Using the RZOLV Reagent System

Overview

Laboratory metallurgical investigations were undertaken to evaluate the leachability of multiple metallic and rare earth elements (REEs) from mineralized feedstocks obtained from two U.S.-based mining projects. The objective of this program was to assess the broader metal-solubilization potential of the RZOLV lixiviant system and to characterize its selectivity and efficiency across a diverse elemental suite.

Testing was performed using the standard RZOLV formulation without process optimization or reagent adjustment. As such, future results may vary depending on feed composition, mineralogy, and site-specific conditions.

Methodology

Representative composite samples were subjected to a series of bottle-roll leaching tests under controlled laboratory conditions. Each test employed the proprietary RZOLV non-cyanide leach reagent under standardized parameters designed to simulate low-intensity, ambient-temperature leaching environments.

Tests were conducted in sealed 1-liter HDPE vessels agitated continuously for 72 hours to ensure uniform contact between solids and solution. Post-leach solids (tails) were separated by vacuum filtration and washed thoroughly with deionized water to remove entrained solution. Pregnant leach solutions (PLS) were analyzed by Atomic Absorption Spectrometry, while head and residue samples were submitted to ALS Laboratories, an ISO-accredited analytical facility, for 61-element inductively coupled plasma-mass spectrometry (ICP-MS) analysis. Elemental recoveries to solution were calculated by mass balance, comparing head and residue assays for each element to quantify percentage dissolution.

Results and Discussion

The following table summarizes the unoptimized relative solubility of key metals and rare earth elements under the test conditions. Head and residue MS-ICP assays were compared to determine recovery to solution.

ELEMENT NAME ELEMENT SYMBOL NET RECOVERY
BERYLLIUM Be (%)
CERIUM Ce 73.50%
MANGANESE Mn 64.26%
COBALT Co 60.00%
CHROMIUM Cr 47.35%
GADOLINIUM Gd 45.00%
SAMARIUM Sm 44.12%
YTTRIUM Y 43.55%
EUROPIUM Eu 43.48%
NEODYMIUM Nd 43.48%
TERBIUM Tb1 42.86%
DYSPROSIUM Dy 42.81%
PRASEODYMIUM Pr 42.25%
LANTHANUM La 40.74%
HOLMIUM Ho 40.30%
ERBIUM Er 38.10%
NICKEL Ni 36.36%
VANADIUM V 33.33%
LUTETIUM Lu 33.33%
THULIUM Tm 31.43%
URANIUM U 27.59%
TELLURIUM Te 27.34%
BERYLLIUM Be 26.24%
INDIUM In 23.53%
YTTERBIUM Yb 22.58%
SCANDIUM Sc 16.96%

Interpretation

The results confirm that the RZOLV system promotes substantial solubilization of rare-earth elements, particularly cerium (73%), manganese (64%), and cobalt (50%), validating its oxidative and complexation capacity under mild acidic conditions.

Mid-series lanthanides (Sm, Eu, Gd) achieved recoveries of 40-45 %, consistent with partial liberation from refractory oxide or phosphate phases.

Lower recoveries of niobium (18%), scandium (17%), and lithium (23%) reflect incorporation within stable mineral matrices (e.g., columbite-tantalite, zircon, or silicate lattices) that require stronger oxidative or thermal activation for efficient leaching.

Recovery of Metallic and Rare Earth Elements from RZOLV Leach Solutions

Following the successful leaching of multiple metallic and rare earth elements (REEs) using the RZOLV lixiviant system, downstream recovery methods were considered to determine viable pathways for selective metal capture, concentration, and purification. The focus of this stage of investigation was to assess the suitability of ion exchange (IX) and solvent extraction (SX) systems for recovering valuable metals and REEs from pregnant leach solutions (PLS) generated under standard RZOLV leach conditions.

The RZOLV reagent produces a low-pH, moderately oxidizing solution characterized by high solubility for transition metals and trivalent rare-earth species. This chemistry aligns well with conventional hydrometallurgical separation methods, provided resin or extractant compatibility is maintained under the mildly acidic matrix.

Preliminary evaluations indicate that ion exchange and solvent extraction could be highly effective downstream recovery methods for RZOLV-derived leach solutions. Ion exchange offers rapid, high-capacity capture of base and rare-earth metals, while solvent extraction provides refined selectivity for high-purity product separation. Both methods are compatible with RZOLV’s low-toxicity matrix, enabling environmentally responsible and economically viable metal recovery.

Environmental and Process Implications

The multi-element solubilization profile underscores the potential of RZOLV as a selective and environmentally benign lixiviant for both precious-metal and critical-mineral recovery.

The reagent’s design eliminates the need for cyanide, chloride, or nitrate oxidants—minimizing hazardous effluents—while its regenerative electrochemical cycle enables near-closed-loop operation. Because RZOLV functions under mild aqueous conditions, without extreme temperatures, concentrated acids, or high-pressure systems, it offers a flexible and energy-efficient pathway for extracting critical minerals from complex matrices.

This adaptability allows deployment in diverse applications including ores, tailings, slag, low-grade stockpiles, flotation residues, concentrates, and industrial waste streams, with minimal process re-engineering. Closed-loop regeneration further reduces reagent consumption and operating costs, improving economic viability even for dilute or low-grade sources.

Key Benefits

  • Unlocking latent value: Enables recovery of valuable elements from waste or tailings, converting liabilities into revenue streams.
  • Reduced environmental footprint: Operates at ambient conditions with non-toxic reagents, reducing chemical hazards and remediation needs.
  • Cross-commodity flexibility: Capable of dissolving over twenty critical minerals, adaptable to multiple feed types and market shifts.
  • Support for circular economy and resource security: Facilitates domestic recovery of critical minerals and aligns with global sustainability objectives.

Conclusions

Bottle-roll test results and ICP-MS analyses confirm that RZOLV promotes significant dissolution across multiple elemental groups through synergistic redox-complexation chemistry. High recoveries of Ce, Mn, and Co highlight its oxidative power, while consistent REE mobilization demonstrates its capacity for complex formation under mild conditions. The results validate RZOLV as a versatile, low toxicity lixiviant for both precious and critical mineral extraction. Ongoing research is focused on refining reagent concentration, pH, and electrochemical regeneration to further enhance recovery efficiencies for refractory elements.

This research is preliminary in nature. Assay results are based on head/tails ICP-MS performed by ALS Labs. Test materials have been subjected to the standard RZOLV formula with no reagent optimization. Results will vary based on minerology and this data provides no guarantee of future success or economic viability.

About Torchlight Innovations Inc. (doing business as RZOLV Technologies)

Torchlight Innovations is a clean-technology company with a mission to transform the global mining industry through safer, sustainable, and high-performance extraction technologies. The Company has developed RZOLV, a proprietary non-toxic, water-based hydrometallurgical formula that replaces cyanide in gold leaching.

While cyanide has been the industry standard for over a century, its toxicity has led to widespread environmental concerns, costly permitting, and outright bans in several jurisdictions. RZOLV offers equivalent recovery efficiency and cost performance with a non-toxic, reusable, and environmentally responsible profile.

The Company is currently focused on validating its technology through industrial-scale pilot programs, after which full commercialization and licensing activities will begin. The Company has safeguarded RZOLV through 2 international patent filings and a comprehensive intellectual-property framework that includes protection for its chemical formulation, regeneration processes, and specific applications in heap leaching, vat leaching, tank leaching and concentrate treatment.

Contact

Duane Nelson
President and CEO
Torchlight Innovations Inc.
Email: duane@innovationmining.com
Phone: 604-512-8118

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This News Release contains ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words ‘anticipates,’ ‘believes,’ ‘may,’ ‘continues,’ ‘estimates,’ ‘expects,’ and ‘will’ and words of similar import, constitute ‘forward-looking statements’ within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information may include, but is not limited to, information with respect to our Research and Development activities Wherever possible, words such as ‘plans’, ‘expects’, ‘projects’, ‘assumes’, ‘budget’, ‘strategy’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘anticipates’, ‘believes’, ‘intends’, ‘targets’ and similar expressions or statements that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information. Statements concerning future revenue or earnings estimates may also be deemed to constitute forward-looking information. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information. Forward-looking information is based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information.

Source

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Australian Prime Minister Anthony Albanese and US President Donald Trump signed a rare earths deal during their meeting at the White House on Monday (October 20).

The meeting was set to focus on critical minerals and rare earths, with Albanese telling Bloomberg on Sunday (October 19) that it would also be an opportunity to “consolidate and strengthen” the Australia-US relationship.

According to insiders, the deal had been in the works for five months.

During the meeting, Trump said he “never had any doubts” about the countries’ bond, adding that “there’s never been anybody better.” For his part, Albanese described the deal as an US$8.5 billion pipeline ‘that we have ready to go.’

The signing happened after opening remarks from Trump, during which the US president called the deal a “key objective” in reducing reliance on China. “Within a year, we’ll have critical minerals and rare earths that you won’t know what to do with them,” Trump said, adding, ‘They’ll be worth about two dollars.’

China currently holds the world’s largest rare earths reserves and is the top producer by far, but Australia has been highlighted as a key player as trade tensions between the US and China ramp up.

The country is home to some of the most significant rare earths operations globally, such as Lynas Rare Earths’ (ASX:LYC,OTC Pink:LYSDY) Mount Weld mine, and Arafura Rare Earths’ (ASX:ARU,OTC Pink:ARAFF) Nolans project.

Last week, several companies, such as Nova Minerals (ASX:NVA,NASDAQ:NVA), were invited to brief the Australian government on key projects prior to the country’s meeting with the US.

Nova was instructed to include an overview of its flagship Estelle gold project, including the key minerals identified, planned expansion activities and the company’s engagement with US government agencies.

The same goes for Resolution Minerals (ASX:RML,OTCQB:RLMLF), which was invited for a briefer on its Idaho-based Horse Heaven gold-antimony-tungsten project.

Both Nova and Resolution were among the top-gaining mining stocks on the ASX last week.

Trump supports Biden-era AUKUS deal

Albanese and Trump also discussed the AUKUS submarine deal, a multibillion-dollar agreement between Australia, the UK and the US, which is geared at boosting security in the Indo-Pacific region.

When asked whether AUKUS is meant to be a “deterrent” for China, Trump answered yes. However, he also said he doesn’t think that will be needed as the US military is the best in the world.

‘We’re going to get along great with China,’ he said.

AUKUS is worth around US$239 billion, or AU$368 billion, over 30 years.

Starting in 2032, Australia plans to buy three Virginia-class submarines from the US, with the option to get two more. These will fill the gap while the UK and Australia develop a new submarine model. Trump also said the US is working on building more submarines for Australia and is going to expedite submarine exports to the country.

Australia is expected to receive the first of the new submarines in the early 2040s.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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