Infinity Lithium Corporation Ltd (ASX:INF)’s Spanish subsidiary is set to collaborate with local business clusters on a lithium-ion battery training and development program.
INF’s wholly-owned subsidiary, Extremadura New Energies, has inked a deal with what’s known as the Group of Innovative Companies — a collective founded by Spain’s Extremadura Electric Mobility Cluster (CarEX) and business association LOABRE.
Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) chief executive Rusty Hutson described “another year of consistent operational excellence” and said the company’s performance was driven by its low-risk, long-life, low-decline asset acquisition model.
Financial results for the 12 months ended 31 December confirmed a 19% rise in production for 2021, at an average rate of 119,000 barrels oil equivalent per day, and a 24% increase in revenue to US$687mln (adjusted to account for US$321mln of commodity price hedges).
Having white-knuckled through Covid lockdowns investors in Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) are again seeing the AIM-quoted stock as something of a thrill-ride, as parks reopened though 2021.
Accesso was boosted on Tuesday by upbeat set of financial results which, in the words of chief executive Steve Brown, saw a "simply outstanding" performance for the theme park ticketing and virtual queuing services firm.
Chief executive Steve Brown described Accesso Technology Group PLC's (AIM:ACSO, OTC:LOQPF) record 2021 performance as "simply outstanding" as the company provided a "cautiously optimistic" assessment of prospects for the current year.
In the 12 months ended 31 December, accesso, which provides ticketing and queuing solutions for theme parks and entertainment venues, saw its revenues grow 123% to US$124.8mln. This resulted in a 346% increase in earnings (EBITDA) to US$28.1mln. It ended the period with net cash of US$64mln.
Cellular Goods PLC (LSE:CBX) has announced the departure of its chief operating officer and the appointment to a new senior role – chief supply chain officer.
COO Eric Chang, who was instrumental in bringing the company to the market, will leave on April 15 after 14 months with the business. He will not be replaced.
Sovereign Metals Ltd (ASX:SVM, AIM:SVML) has received promising results from an independent Life Cycle Assessment (LCA) Study analysing the global warming potential (GWP) of natural rutile to be produced at the company’s flagship Kasiya Rutile Project in Malawi, one of the world's largest natural rutile deposits.
The study – undertaken by Minviro Ltd – concluded that Sovereign’s rutile product is expected to have substantially lower GWP (Scope 1,2, and 3 emissions) compared to other titanium feedstocks like synthetic rutile or titania slag.
Exxon Mobil and the other exploration partners of the Kaieteur Block offshore Guyana have extended the prospect target date for the second exploration well until 2 October 2023 to enable further geological analysis. Westmount Energy Limited (AIM:WTE, OTCQB:WMELF) owns 5.3% of Cataleya Energy, which has a 20% interest in the Kaieteur Block.