Japan has launched a US$7 billion initiative to develop the Nacala Logistics Corridor, a move that directly supports Malawi’s Kasiya Rutile-Graphite Project, with Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML)’s Kasiya Rutile-Graphite Project in Malawi standing to significantly benefit.
Japan’s Ministry of Foreign Affairs, in partnership with the African Development Bank, will channel funds into capacity expansion, refurbishment and resilience upgrades across Malawi, Zambia and Mozambique. The program, known as “Strengthening Global Supply Chain through Nacala Corridor Development,” aims to strengthen critical mineral supply chains, improve transport reliability and reduce bottlenecks — directly supporting Kasiya, which already has established access to Japanese titanium markets.
American Resources Corp (NASDAQ:AREC), through its holding in ReElement Technologies, has secured a $20 million equipment leasing facility from Maxus Capital Group.
The financing will support the purchase of large-scale equipment to expand rare earth, battery material, and critical defense element production at ReElement’s facilities in Marion and Noblesville, Indiana.
Sonoro Gold Corp (TSX-V:SGO, OTCQB:SMOFF) reported that it has completed its previously announced oversubscribed, non-brokered private placement of 13.35 million company units, priced at C$0.15 per unit, raising gross proceeds of C$2 million.
The exploration and project development company said the net proceeds from the offering will be used to fund the ongoing development of its Cerro Caliche gold project in Mexico and for general working capital purposes.
BioHarvest Sciences Inc. (NASDAQ:BHST) announced it has successfully produced plant-based exosomes at scale in its proprietary bioreactors, a development the company says represents a breakthrough in its Botanical Synthesis platform.
Exosomes are nano-sized extracellular vesicles secreted by plant cells that carry bioactive compounds with higher absorption and bioavailability compared to standard plant-derived molecules, the company said on Wednesday.
MustGrow Biologics Corp. (TSX-V:MGRO, OTCQB:MGROF) announced that it has secured a $2 million line of credit (LOC) with Canadian Imperial Bank of Commerce, which is guaranteed by Canada's Export Development Canada (EDC).
The provider of innovative biological and regenerative agriculture solutions said access to the funds will allow the company to produce its organic mustard-derived biofertility product TerraSante to meet growing demand from US commercial farming operations.
GameStop Corp (NYSE:GME) shares climbed 6% in after-hours trading on Tuesday after the company reported second-quarter results that comfortably beat Wall Street forecasts.
Revenue rose nearly 22% year-on-year to $972.2 million, well ahead of analysts’ expectations of $823.2 million.
Shares in Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) rose 10% after the group was appointed as the exclusive UK distributor for ELF Nicotine Pouches, marking a significant step into one of the fastest-growing segments of the tobacco alternatives market.
The London-listed company will handle the nationwide rollout through its Chill Connect division, with the partnership expected to add to revenues in the 2026 financial year.
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF), the Australian technology group, has unveiled a new feature for its driver monitoring systems that can spot when motorists are drunk behind the wheel.
The company, whose software is already installed in more than 3.7 million cars and 60,000 lorries, said the upgrade could detect alcohol impairment at blood alcohol content levels of 0.05 and above, with the greatest accuracy once drivers reached 0.10 or higher. That is well above the legal drink-drive limit in most jurisdictions.
Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) has been appointed as the exclusive UK distributor for ELF Nicotine Pouches, strengthening its position in one of the fastest-growing segments of the tobacco alternatives market.
The London-listed company will distribute the product through its Chill Connect division, which focuses on fast-moving consumer goods. The appointment is due to begin this month and is expected to boost revenue during the next financial year.
Terra Metals Ltd (ASX:TM1, OTC:PNGZF) has begun Phase 3 drilling at its 100%-owned Dante Project in Western Australia. The program is designed to build on the company’s recent maiden Mineral Resource Estimate (MRE) of 148 million tonnes (Mt) and target extensional growth at Reef 1 and Reef 2.
The campaign will also test high-priority new targets at Dante Southwest and across the Jameson Layered Intrusion, where less than 10% of strike has been drilled. It is expected to expand the resource footprint and advance the broader district-scale opportunity.
Lithium Universe Ltd (ASX:LU7, OTC:LUVSF) has taken another step forward in its clean energy strategy, applying with Macquarie University for an Australia’s Economic Accelerator (AEA) Ignite grant to help scale its solar panel recycling technology.
The partners have lodged an application worth just under $386,000, which, if successful, would support an $884,000 pilot program designed to bring two breakthrough technologies together — Macquarie’s patented Microwave Joule Heating Technology (MJHT) and Lithium Universe’s Jet Electrochemical Silver Extraction (JESE) process.
St George Mining Ltd (ASX:SGQ) has struck a strategic alliance with US-based REAlloys Inc., a government-backed supplier of critical magnet materials, to advance and commercialise rare earths production from its 100%-owned Araxá Project in Brazil.
The deal positions St George as a potential supplier to the US defence and clean-energy supply chain, which has been actively seeking to diversify away from Chinese dominance in rare earths.