These are the top dividend stocks in the Russell 1000 with the highest forward dividend yield for December.

VANCOUVER, British Columbia, Nov. 25, 2021 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) President and Chief Executive Officer Don Lindsay will be presenting at the Scotiabank Mining conference on Tuesday, November 30, 2021 at 10:30 a.m. Eastern/7:30 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company’s business units.

The fireside chat presentation will be webcast through the following link at:https://wsw.com/webcast/bns20/teck/1653795.

Alternatively, the webcast with supporting slides will be available on Teck’s website at: www.teck.com.

About TeckAs one of Canada’s leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Investor Contact:Ellen LaiCoordinator, Investor Relations604.699.4257ellen.lai@teck.com

Media Contact:Chris Stannell Public Relations Manager604.699.4368chris.stannell@teck.com

MISSISSAUGA, Ontario, Nov. 25, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (“the Company” or “Canada Carbon” or “CCB”) (TSX-V:CCB), (FF:U7N1), is pleased to announce the appointment of Ellerton J. Castor as Chief Executive Officer (“CEO”) effective December 1, 2021. Also on that date, Mr. Castor will be added to the Board of Directors of Canada Carbon.

Mr. Castor recently served as Chief Executive Officer of Ontario Graphite Limited (“Ontario Graphite”), a graphite mining company based in Toronto, Canada. Prior to assuming the role of CEO, Mr. Castor was CFO for the company. In his various roles at Ontario Graphite, he supervised all finance and administrative functions, led the licensing and permitting process, oversaw the development of the company’s Definitive Feasibility Study, and negotiated all engineering, procurement and construction management agreements.

Mr. Castor has over 30 years of experience in principal investing, investment banking and M&A advisory services to companies in the US, Canada, Europe, Australasia, and Latin America. Prior positions include: Managing Director of SphereInvest Special Situations Fund; Founder and Managing Partner of Panterra Partners, LLC, a restructuring advisory and capital raising firm; Managing Director, Latin America M&A and Merchant Banking – Banc of America Securities (where he advised companies such as CVRD – now Vale, and CSN); Executive Director, Global M&A and Financial Institutions Groups – CIBC Oppenheimer; and Senior Associate Corporate Finance & M&A – Morgan Stanley. Ellerton holds an MBA from Harvard Business School and a BA in Economics and History, Summa Cum Laude, from Franklin Pierce University.

The Board is extremely pleased to welcome Ellerton to the Company. His extensive natural graphite industry experience, proven leadership, and broad financial background will add great value as the Company continues development of its exceptional graphite properties with an enhanced focus on expediting a path to revenue generation. The Board would also like to thank Olga Nikitovic, who for the past year has served as both CEO and CFO, for her leadership and accomplishments guiding the Company.

Story continues

Mr. Castor replaces Olga Nikitovic who announced in October 2021 her intentions to resign from the Company by no later than December 15, 2021. Mr. Castor and Ms. Nikitovic will work together over the coming weeks to ensure a smooth transition.

Respectfully,

The Board of Directors

Canada Carbon Inc.

For further information:

Olga NikitovicCEOCanada Carbon Inc.info@canadacarbon.com		Valerie PomerleauDirector Public Affairs and CommunicationsCanada Carbon Inc.valerie@ryanap.com(819) 856-5678

“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 statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

MELBOURNE, Australia, Nov. 24, 2021 /CNW/ – BHP Lonsdale Investments Pty Ltd ("BHP Lonsdale"), a wholly owned subsidiary of BHP, announced today that it continues to progress discussions with Wyloo Metals Pty Ltd ("Wyloo Metals") regarding its potential support of BHP's C$0.75 per share offer to acquire Noront Resources Ltd. (TSXV: NOT) ("Noront"). To allow more time for those discussions to progress, BHP is extending the expiry of its offer from 7:00 p.m. (Toronto Time) on November 30, 2021 to 7:00 p.m. (Toronto Time) on December 14, 2021. The earliest time BHP will be taking up Noront shares under its offer will be at the new expiry time.

BHP and Wyloo Metals have continued their conversations and are considering a mutually beneficial arrangement regarding the acquisition of Noront by BHP. There is no assurance that any agreement will be reached between BHP and Wyloo Metals.

For Noront shareholdersA notice of variation (the "Notice of Variation") in respect of the change to the expiry will be mailed shortly to Noront shareholders and will be available under Noront's profile on SEDAR at www.sedar.com and on Noront's website at www.norontresources.com.

About BHPBHP is a world-leading global resources company. We extract and process minerals, oil and gas, with 80,000 employees and contractors, primarily in Australia and the Americas. Our products are sold worldwide, with sales and marketing led through Singapore and Houston, United States. Our global headquarters are in Melbourne, Australia. Our Potash head office is in Saskatoon and our head office for metals exploration is in Toronto.Our corporate purpose is to bring people and resources together to build a better world. Our strategy is to create value by growing our exposure to a portfolio of world-class, expandable assets in future-facing commodities. We create value for our stakeholders and the communities where we operate by focusing on safety, sustainability, innovation and exceptional performance.

Story continues

BHP has a strong track record in CanadaBHP has a strong track record of mining development and investment in Canada over several decades. We have invested in diamonds, potash, exploration, Carbon Capture and Storage (CCS) research, and in environmental preservation through the BHP Foundation in Canada's boreal forest. We have built strong relationships with communities and stakeholders throughout our history in Canada. Earlier this year, BHP approved US$5.7 billion in investment for its Jansen project, for what stands to be one of the world's largest, most modern potash mines and a significant economic driver for Saskatchewan.www.bhp.com

The Depositary and Information Agent for the Offer is Kingsdale Advisors. If you have any questions, please contact Kingsdale Advisors, by telephone toll-free in North America at 1-866-581-0512 and at 1-416-867-2272 outside North America or by e-mail at contactus@kingsdaleadvisors.com.

Forward looking statements

Certain statements contained in this press release contain "forward-looking information" within the meaning of applicable securities laws and are prospective in nature. Forward-looking information and statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.

Forward-looking statements include, but are not limited to, statements regarding: the Offer, including the anticipated timing, mechanics, funding, completion, settlement, results and effects of the Offer; reasons to accept the Offer; and the value inherent in Noront's portfolio of projects, including the Eagle's Nest project.

Although BHP Western Mining Resources International Pty Ltd (the "Offeror") and BHP Lonsdale believe that the expectations reflected in such forward-looking information and statements are reasonable, such information and statements involve risks and uncertainties, and undue reliance should not be placed on such information and statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs of the Offeror and BHP Lonsdale that the Offer will be successful, that all required regulatory consents and approvals will be obtained and all other conditions to completion of the transaction will be satisfied or waived, and the ability to achieve goals. The Offeror and BHP Lonsdale caution that the foregoing list of material factors and assumptions is not exhaustive. Many of these assumptions are based on factors and events that are not within the control of the Offeror or BHP Lonsdale, and there is no assurance that they will prove correct. Consequently, there can be no assurance that the actual results or developments anticipated by the Offeror and BHP Lonsdale will be realized or, even if substantially realized, that they will have the expected consequences for, or effects on, Noront, the Offeror or BHP Lonsdale, or their respective future results and performance.

Forward-looking information and statements in this press release are based on the Offeror's and BHP Lonsdale's beliefs and opinions at the time the statements are made, and there should be no expectation that these forward-looking statements will be updated or supplemented as a result of new information, estimates or opinions, future events or results or otherwise, and the Offeror and BHP Lonsdale disavow and disclaim any obligation to do so except as required by applicable law. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of the Offeror or any of its affiliates or Noront.

SOURCE BHP Group

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2021/24/c2619.html

By Clyde Russell

LAUNCESTON, Australia (Reuters) – For the first time in a decade a massive new liquefied natural gas (LNG) project has been approved for construction in Australia, but the Scarborough venture's structure and market realities indicate it may well be the last of its kind.

Woodside Petroleum and BHP Group gave final backing on Monday to the $12 billion plan to develop the Scarborough natural gas field off Western Australia and expand the onshore Pluto LNG plant to process the fuel.

The deal also sees Woodside merge with BHP's petroleum arm, with BHP shareholders to be issued new Woodside shares and ending up with about 48% of the expanded share capital.

Scarborough field lies about 375 kilometres (233 miles) off the coast of Western Australia state and holds about 11.1 trillion cubic feet of dry gas.

Woodside expects to produce about 8 million tonnes of LNG per annum at the to-be-built second train at its Pluto liquefaction plant, and is targeting first cargo in 2026.

The company also said that the all-in cost of the LNG to be produced is around $5.80 per million British thermal units (mmBtu), which is well below the current spot price of $36.70, but also considerably higher than the $1.85 the super-chilled fuel sank to in May last year during the height of the coronavirus pandemic.

The Scarborough and Pluto second train developments are also the first major LNG project to reach a final investment decision in Australia in about a decade, and comes after the industry spent around $200 billion to expand capacity to around 80 million tonnes, making the country the world's biggest LNG exporter.

At first glance the deal seems positive for both Woodside and BHP.

It transforms Woodside into a top-10 global independent oil and gas company and allows BHP, the world's biggest listed miner, an opportunity to profitably exit an area of business no longer viewed as core and frees it to concentrate on producing metals viewed as essential to the energy transition.

Story continues

However, it also means that Woodside will face increasing environmental opposition to its business, especially in the wake of the COP26 climate summit and mounting calls for an end to new oil, gas and coal projects.

Woodside argues that Scarborough contains "only around 0.1% carbon dioxide, and Scarborough gas processed through the efficient and expanded Pluto LNG facility supports the decarbonisation goals of our customers in Asia."

It's highly unlikely that environmental and climate groups will share this view, and already they are lining up to fight against the new development.

The Conservation Council of Western Australia is bringing a case challenging the state's approval, without a full environmental review, to allow Woodside to process gas at the Pluto LNG plant from an expanded number of fields.

FINANCING

While there is likely to be ongoing and highly visible opposition to Scarborough, there are also other concerns more behind the scenes.

As part of the deal, Woodside entered into an agreement to sell 49% of the planned second LNG train at the Pluto processing plant to private equity group Global Infrastructure Partners (GIP).

The terms of deal effectively commit GIP to providing financing, but virtually all of the risk lies with Woodside with regards to potential cost overruns, regulatory hurdles and changes to emissions liabilities.

While GIP has a solid track record of investment in major projects around the globe, the involvement of private equity in a major LNG project in Australia breaks the usual pattern of partnering with global oil companies, major trading houses or utility customers in Asia.

The deal with GIP doesn't look advantageous to Woodside, implying that it was unable to find any takers among more traditional partners.

This could be a sign that LNG projects are getting harder to finance and that already the major buyers in Japan and South Korea are thinking of ways to meet their net-zero emissions targets by transitioning away from LNG.

The Scarborough LNG will also be hitting the market just around the same time as major expansions from Qatar and Russia also come to market, potentially creating an overhang of LNG at a time when major buyers are likely to be increasingly transitioning to renewable alternatives.

Effectively, Woodside is taking a bet that LNG will last in Asia's energy mix for far longer than it should if net-zero emissions goals are to be achieved.

(Editing by Muralikumar Anantharaman)

By Clyde Russell

LAUNCESTON, Australia (Reuters) -For the first time in a decade a massive new liquefied natural gas (LNG) project has been approved for construction in Australia, but the Scarborough venture's structure and market realities indicate it may well be the last of its kind.

Woodside Petroleum and BHP Group gave final backing on Monday to the $12 billion plan to develop the Scarborough natural gas field off Western Australia and expand the onshore Pluto LNG plant to process the fuel.

The deal also sees Woodside merge with BHP's petroleum arm, with BHP shareholders to be issued new Woodside shares and ending up with about 48% of the expanded share capital.

Scarborough field lies about 375 kilometres (233 miles) off the coast of Western Australia state and holds about 11.1 trillion cubic feet of dry gas.

Woodside expects to produce about 8 million tonnes of LNG per annum at the to-be-built second train at its Pluto liquefaction plant, and is targeting first cargo in 2026.

The company also said that the all-in cost of the LNG to be produced is around $5.80 per million British thermal units (mmBtu), which is well below the current spot price of $36.70, but also considerably higher than the $1.85 the super-chilled fuel sank to in May last year during the height of the coronavirus pandemic.

The Scarborough and Pluto second train developments are also the first major LNG project to reach a final investment decision in Australia in about a decade, and comes after the industry spent around $200 billion to expand capacity to around 80 million tonnes, making the country the world's biggest LNG exporter.

At first glance the deal seems positive for both Woodside and BHP.

It transforms Woodside into a top-10 global independent oil and gas company and allows BHP, the world's biggest listed miner, an opportunity to profitably exit an area of business no longer viewed as core and frees it to concentrate on producing metals viewed as essential to the energy transition.

Story continues

However, it also means that Woodside will face increasing environmental opposition to its business, especially in the wake of the COP26 climate summit and mounting calls for an end to new oil, gas and coal projects.

Woodside argues that Scarborough contains "only around 0.1% carbon dioxide, and Scarborough gas processed through the efficient and expanded Pluto LNG facility supports the decarbonisation goals of our customers in Asia."

It's highly unlikely that environmental and climate groups will share this view, and already they are lining up to fight against the new development.

The Conservation Council of Western Australia is bringing a case challenging the state's approval, without a full environmental review, to allow Woodside to process gas at the Pluto LNG plant from an expanded number of fields.

FINANCING

While there is likely to be ongoing and highly visible opposition to Scarborough, there are also other concerns more behind the scenes.

As part of the deal, Woodside entered into an agreement to sell 49% of the planned second LNG train at the Pluto processing plant to private equity group Global Infrastructure Partners (GIP).

The terms of deal effectively commit GIP to providing financing, but virtually all of the risk lies with Woodside with regards to potential cost overruns, regulatory hurdles and changes to emissions liabilities.

While GIP has a solid track record of investment in major projects around the globe, the involvement of private equity in a major LNG project in Australia breaks the usual pattern of partnering with global oil companies, major trading houses or utility customers in Asia.

The deal with GIP doesn't look advantageous to Woodside, implying that it was unable to find any takers among more traditional partners.

This could be a sign that LNG projects are getting harder to finance and that already the major buyers in Japan and South Korea are thinking of ways to meet their net-zero emissions targets by transitioning away from LNG.

The Scarborough LNG will also be hitting the market just around the same time as major expansions from Qatar and Russia also come to market, potentially creating an overhang of LNG at a time when major buyers are likely to be increasingly transitioning to renewable alternatives.

Effectively, Woodside is taking a bet that LNG will last in Asia's energy mix for far longer than it should if net-zero emissions goals are to be achieved.

(Editing by Muralikumar Anantharaman)

(Bloomberg) — BHP Group and Woodside Petroleum Ltd. approved investment in a $12 billion Australian gas project as the companies also confirmed details of a merger to combine their energy assets.

Most Read from Bloomberg

• New York City Is Building a Wall of Oysters to Fend Off Floods

• A Denser City, But at What Cost?

• The Women Behind Historic House Designs

• From Bathhouses to Fisheries, Hidden Inflation Is Creeping Across Japan

• Maverick 70-Year-Old CEO Is Determined to Shake Up Japanese Finance

BHP agreed in August to merge its oil and gas business with Woodside to create a top 10 global energy producer. The deal, which is expected create synergies of over $400 million, is slated to be completed in the second quarter of 2022, pending shareholder approval, the Melbourne-based company said in a statement Monday.

Woodside, Australia’s biggest natural gas exporter, said in a separate statement that final investment decisions had been made to approve the development of the Scarborough gas field offshore Western Australia and an expansion of the onshore Pluto processing facility. The company last week agreed to sell a stake in the Pluto project to a U.S. private equity fund, clearing one of the last obstacles to an investment decision on Scarborough.

“Woodside’s five-year saga to sanction Scarborough has finally come to fruition,” said Credit Suisse energy analyst Saul Kavonic. He said the newly merged company will benefit from “reinvigorated” LNG resources and growth prospects from BHP Petroleum’s global footprint.

Scarborough is one of just a handful of natural gas export projects to win approval in the last few years amid mounting pressure on the industry to lower emissions and as consumers set ambitious green goals. With the energy transition accelerating, the outlook for LNG demand beyond 2030 is uncertain, BloombergNEF analysts said in a report in June.

Story continues

LNG Gets a New Major Player With Woodside’s Deal for BHP Assets

Woodside is betting that demand for LNG in Asia will continue to grow as developing nations choose the cleaner-burning fuel over coal. Spot prices for LNG surged to a record high last month as the post-pandemic rebound in demand outpaced supply additions.

The Scarborough project has been targeted by climate advocates, while the government argues the gas will help add billions to the economy. The government of Western Australia welcomed the investment decision, saying the projects will create more than 3,200 jobs in the state.

BHP, which holds a 26.5% stake in Scarborough, sanctioned $1.5 billion in capital spending to meet its commitments under the joint venture. Following the investment decision, BHP has an option to sell its stake in the project to Woodside if the proposed merger does not proceed.

In the merger agreement, Woodside will issue new shares that are expected to comprise 48% of its total share capital, to be distributed to BHP holders.

“Merging our petroleum business with Woodside creates a large, more resilient company, better able to navigate the energy transition and grow value while doing so,” Mike Henry, BHP’s chief executive officer, said in the statement.

(adds analyst quote in fourth paragraph, government statement in seventh paragraph)

Most Read from Bloomberg Businessweek

• How Child Care Became the Most Broken Business in America

• Wildfires Are Getting Worse, and One Chemical Company Is Reaping the Benefits

• Boeing Built an Unsafe Plane, and Blamed the Pilots When It Crashed

©2021 Bloomberg L.P.

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — At the request of the TSX Venture Exchange, Noront Resources Ltd. (TSXV: NOT) (“Noront” or the “Company“) today reminded shareholders that BHP Lonsdale Investments Pty Ltd ("BHP Lonsdale"), a wholly owned subsidiary of BHP, has extended the expiry of its offer from 7:00 p.m. (Toronto Time) on November 16, 2021 to 7:00 p.m. (Toronto Time) on November 30, 2021.

BHP announced the tender expiry extension on November 10, 2021. BHP’s announcement can be read in full at: https://www.newswire.ca/news-releases/bhp-extends-tender-expiry-while-progressing-discussions-with-wyloo-metals-833798545.html

About Noront ResourcesNoront Resources Ltd. is focused on the development of its high-grade Eagle’s Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. www.norontresources.com

Contact Information

Media Relations			Investor Relations
Ian Hamilton			Greg Rieveley
Tel: +1 (905) 399-6591			Tel: +1 (416) 367-1444
ihamilton@longviewcomms.ca			greg.rieveley@norontresources.com
Janice Mandel
Tel: +1 (647) 300-3853
janice.mandel@stringcom.com

By Clara Denina and Melanie Burton

(Reuters) – Global miner Rio Tinto Ltd has no plans to follow in the footsteps of peers BHP and Shell to collapse its dual listing, people familiar with its thinking say, seeing it as a needless expense that would erode advantages for shareholders in London and Sydney.

Executives at Rio routinely review the dual structure and have for years resisted any change, a direction unlikely to shift under the helm of new chief executive Jakob Stausholm, two sources familiar with the company told Reuters.

Just last month, Stausholm defended the dual listing as an effective one-management, one-board structure set up 26 years ago to satisfy both the UK and Australian governments that he thought management should "honour."

Royal Dutch Shell's decision this week to scrap its dual structure and move its head office to London has renewed focus on dual listings, which are often criticised as both complex and expensive.

It followed a move by the world's biggest miner BHP Group in August to collapse its 20-year-old structure, quitting its London listing in favour of Sydney.

Any similar move by London-headquartered Rio would likely see it shift its primary listing to the UK, where it has most of its shareholders, although the majority of its profits come from Australia.

Although it is not uncommon for companies to quote their shares on multiple exchanges, a dual-listing is incorporated under two different legal regimes operating as a single business on two bourses, often designed to persuade governments to sign off on cross-border mergers.

The structure can bring some tax advantages but means increased costs and can make stock-based acquisitions and corporate restructurings more difficult, say analysts.

Despite pressure on big companies to simplify their structures, Australian investors would likely take a dim view of any move by Rio to unwind the dual listing.

Story continues

"Any move would likely see major pushback from the Australian government and Australian shareholders," said Peter O'Connor of Shaw and Partners in Sydney.

The government would be unhappy that control of raw materials was moving offshore, particularly as the Western Australian iron ore business accounted for more than 80% of Rio's profits over the past two years.

"We are of the view that unless you can make a really strong case for why it needs to be done, it's better left alone," said Brenton Saunders, financial analyst at Pendal Group in Sydney.

Rio would need to demonstrate value to both sets of shareholders to cut the Australian listing, and any jurisdiction disadvantaged would have to be remunerated, he added.

Australian shares tend to trade at a premium to London-listed stock due to tax rebates on dividends, and a collapsed structure would lead to a transfer of value from Australian shareholders to London shareholders, Saunders said.

"That has pretty much happened already for BHP and it will likely happen with Rio if they were to announce a dual-listed company unification," he said.

Still, as corporates come under pressure to be simpler, more integrated and innovative, O'Connor said pressure for a change in structure from investors, especially those in London, is likely to rise.

"The probability of Rio collapsing its dual share structure and moving it to a London listing is moving towards 100, having been at around 50 on the scale of probability for years," he said.

(Reporting by Melanie Burton and Clara Denina; editing by Richard Pullin)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. Speaking of which, we noticed some great changes in Teck Resources' (TSE:TECK.B) returns on capital, so let's have a look.

Return On Capital Employed (ROCE): What is it?

For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Teck Resources, this is the formula:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets – Current Liabilities)

0.056 = CA$2.3b ÷ (CA$45b – CA$3.4b) (Based on the trailing twelve months to September 2021).

Thus, Teck Resources has an ROCE of 5.6%. On its own that's a low return, but compared to the average of 4.2% generated by the Metals and Mining industry, it's much better.

See our latest analysis for Teck Resources

roce

In the above chart we have measured Teck Resources' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free report for Teck Resources.

How Are Returns Trending?

The fact that Teck Resources is now generating some pre-tax profits from its prior investments is very encouraging. The company was generating losses five years ago, but now it's earning 5.6% which is a sight for sore eyes. In addition to that, Teck Resources is employing 27% more capital than previously which is expected of a company that's trying to break into profitability. We like this trend, because it tells us the company has profitable reinvestment opportunities available to it, and if it continues going forward that can lead to a multi-bagger performance.

Story continuesThe Bottom Line

To the delight of most shareholders, Teck Resources has now broken into profitability. Since the stock has only returned 0.1% to shareholders over the last five years, the promising fundamentals may not be recognized yet by investors. So with that in mind, we think the stock deserves further research.

One more thing to note, we've identified 1 warning sign with Teck Resources and understanding it should be part of your investment process.

While Teck Resources may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

In this article, we discuss the 10 best mineral stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Mining Stocks To Buy Now.

The mining industry has shown resilience amid the pandemic. As per PwC, the top 40 mining companies in the world had combined revenue of $544.4 billion in 2020, up 4.4% from 2019. Additionally, the mining industry continues to profit from the rebounding economic activities globally. This is due to the increase in demand for commodities. For example, the recent passage of a $1.2 trillion infrastructure bill caused mining stock prices to skyrocket in early November. Among the biggest mining stocks in the market include Freeport-McMoRan Inc. (NYSE:FCX), Cleveland-Cliffs Inc. (NYSE:CLF), and Alcoa Corporation (NYSE:AA).

The outlook for mining commodities has improved since the introduction of the COVID-19 vaccine. One of the raw materials that rallied in the recent months is iron ore. Between April 2020 and May 2021, iron ore prices rose from $80/t to a high of $233/t, according to consultancy firm McGrathNicol. Yet, iron ore prices dropped to as low as $94/t by mid-September as China, the world's largest importer of iron ore, limits its steel production to 2020 levels. Meanwhile, the S&P Global Market Intelligence forecasted an iron ore price of $110/t in Q4 2021 and $115/t in 2022. Analysts estimate that iron ore producers such as BHP Group (NYSE:BHP) and Rio Tinto Group (NYSE:RIO) would not restrict supply as long as profits remain in the $100/t range.

Meanwhile, in early October, other raw materials such as aluminum, copper, and nickel saw year-to-date gains of 47%, 20%, and 8%, respectively, according to Bloomberg Commodity Spot Index. This is due to the increase in demand for metals used in electric vehicle production.

According to a Research and Market report, the global mining industry was valued at $1.6 trillion in 2020. The mining industry is expected to reach $1.8 trillion in 2021 at a CAGR of 12.4%, fueled by mining companies' recovery from restricted operations during the pandemic's peak. The global mining industry is projected to reach $2.4 trillion value by 2025.

Our Methodology

These are the mining stocks with strong mining operations in and outside the US. We included mining stocks that have positive analyst ratings and long-term growth catalysts. We also took into account hedge fund sentiment based on the data of over 873 hedge funds tracked by Insider Monkey.

We ranked the list based on the number of hedge funds having stakes in each firm as of the second quarter.

Why pay attention to hedge fund holdings? Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 86 percentage points since March 2017. Between March 2017 and July 2021, our monthly newsletter’s stock picks returned 186.1%, vs. 100.1% for the SPY. Our stock picks outperformed the market by more than 86 percentage points (see the details here). That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

10 Best Mining Stocks To Buy Now

Here is our list of the 10 best mining stocks to buy now.

Best Mining Stocks To Buy Now10. Sibanye Stillwater Limited (NYSE:SBSW)

Number of Hedge Fund Holders: 15

We'll start our list of best mining stocks to buy with Sibanye Stillwater Limited (NYSE:SBSW), a global precious metal mining company based in South Africa. The mining company is a producer of gold and platinum-group metals.

On October 12, Abhi Agarwal of Deutsche Bank initiated a Buy rating on Sibanye Stillwater Limited (NYSE:SBSW) with a price target of $19. Agarwal believes Sibanye's growing mineral portfolio will generate free cash flow in the coming years.

The mining stock jumped 3.5% on October 26 following its acquisition of nickel and copper mines from Appian Capital Advisory. These mines located in Brazil will be purchased by the mining company for $1 billion in cash and a 5% net smelter return royalty.

Of the 873 elite funds tracked by Insider Monkey, 15 were long for Sibanye Stillwater Limited (NYSE:SBSW) at the end of June, compared to 16 in the first quarter of 2021.

Sibanye Stillwater Limited (NYSE:SBSW) is one of the best mining stocks according to market analysts, just like Freeport-McMoRan Inc. (NYSE:FCX), Cleveland-Cliffs Inc. (NYSE:CLF), and Alcoa Corporation (NYSE:AA).

9. BHP Group (NYSE:BHP)

Number of Hedge Fund Holders: 18

BHP Group (NYSE:BHP) is one of the largest mining companies in the world, with established operations in over 90 countries. The Australian mining company produces iron ore, copper, nickel, coal, potash, and petroleum.

BHP Group (NYSE:BHP) was given an Outperform rating by Bernstein and Macquarie alongside price targets of A$45 and A$56, respectively. At the end of the second quarter of 2021, 18 hedge funds in the database of Insider Monkey held stakes worth $753 million in BHP Group (NYSE:BHP).

In its Q1 2021 investor letter, Harding Loevner, an asset management firm, highlighted a few stocks and BHP Group (NYSE:BHP) was one of them. Here is what the fund said:

“Our purchase of Australian mining company BHP is an example of a quality company at a moderate valuation that should deliver attractive long-term returns. We believe the market has undervalued its enduring competitive advantage due to its low-cost iron and copper mining operations which has allowed the company to deliver consistent profits and cash flows across the inevitable ups and downs of the global metals cycle. While the variability of commodity prices prevents BHP from scoring in the top ranks of measured quality, we are willing to bear some of that uncertainty in return for a more attractive valuation given the company’s strong business fundamentals.”

8. MP Materials Corp. (NYSE:MP)

Number of Hedge Fund Holders: 20

MP Materials Corp. (NYSE:MP) is a Nevada-based integrated rare earth mining company. MP Materials Corp. (NYSE:MP) mines lanthanum, neodymium and praseodymium, and SEG+. These elements are used in manufacturing EV batteries, medical devices, and lasers.

Year to date, the mining stock gained 50%. MP Materials Corp.'s (NYSE:MP) revenue in the third quarter jumped 143% year over year to $99.7 million, beating estimates by $22.6 million.

On October 26, JPMorgan analyst Tyler Langton maintained an Overweight rating on MP Materials Corp. (NYSE:MP) with a price target of $45 per share.

At the end of the second quarter of 2021, 20 hedge funds in the database of Insider Monkey held stakes worth $2.57 billion in MP Materials Corp. (NYSE:MP).

7. Rio Tinto Group (NYSE:RIO)

Number of Hedge Fund Holders: 21

Rio Tinto Group (NYSE:RIO) is one of the world's biggest mining companies that is based in London, UK. The company engages in mining raw materials including copper, aluminum, iron ore, lithium, and diamonds. The mining behemoth has operations in over 35 countries.

Even though Rio Tinto Group (NYSE:RIO) saw a decline in the number of hedge funds having stakes in the company in the second quarter, the stock remains the most popular mining stock among institutional investors. At the end of June, 21 funds out of the 873 tracked by Insider Monkey had stakes in the company, compared to 25 in the previous quarter.

On November 3, Alain Gabriel of Morgan Stanley increased his price target for Rio Tinto Group (NYSE:RIO) to 4,880 GPB from GBP 4,750, while maintaining an Equal Weight rating on the shares.

Among the hedge funds being tracked by Insider Monkey, Fisher Asset Management is a leading shareholder in Rio Tinto Group (NYSE:RIO) with 13 million shares worth more than $892 million at the end of the September quarter.

6. Cameco Corporation (NYSE:CCJ)

Number of Hedge Fund Holders: 25

Cameco Corporation (NYSE:CCJ) is the world's largest uranium company. The Canadian mining company is capable of producing more than 53 million pounds of uranium concentrates per year. Additionally, the mining company operates a fuel segment with operations in Asia, Europe, and the Americas.

Shares of Cameco Corporation (NYSE:CCJ) jumped nearly 8% on November 3 after Bank of America analyst Lawson Winder upgraded the mining stock to Buy from Neutral. Winder also raised his price target for the stock to C$40 from C$36.25. The analyst believes that Cameco would benefit from the growing popularity of nuclear energy in global decarbonization.

Of the 873 elite funds tracked by Insider Monkey, 25 were long for Cameco Corporation (NYSE:CCJ) at the end of June, compared to 30 in the first quarter of 2021.

Among the hedge funds being tracked by Insider Monkey, Florida-based investment firm Kopernik Global Investors is a leading shareholder in Cameco Corporation (NYSE:CCJ) with 8.9 million shares worth more than $195 million at the end of September quarter.

In addition to Freeport-McMoRan Inc. (NYSE:FCX), Cleveland-Cliffs Inc. (NYSE:CLF), and Alcoa Corporation (NYSE:AA), Cameco Corporation (NYSE:CCJ) is one of the mining stocks favored by analysts and investors as a long-term investment.

Click to continue reading and see 5 Best Mining Stocks To Buy Now.

Suggested Articles:

• 10 Stocks Reddit’s WallStreetBets is Buying in July 2021

• 10 Biggest Hedge Fund Casualties of Reddit WallStreetBets’ Short Squeezes

• 10 Best SPACs to Invest In According to Reddit

Disclosure. None. 10 Best Mining Stocks To Buy Now is originally published on Insider Monkey.

(Reuters) – The global markets will need four times the nickel and double the copper in the next 30 years to facilitate a decarbonised world, a BHP Group executive said on Wednesday.

"Some of the modelling that we have done showed that in, let's say a decarbonised world … the world will need almost double the copper in the next 30 years than in the past 30," said Vandita Pant, BHP's Chief Commercial Officer, at the FT Commodities Asia Summit.

"And for a commodity like nickel, that quadruples. So four times nickel needed for the next 30 years than the past 30 years and all to be done as sustainably as possible," Pant added.

Both nickel and copper are poised for strong consumption as a result of the transition away from fossil fuels. Nickel is used in electric vehicle (EV) batteries while copper is needed for wiring in the EVs, their charging stations and other renewable energy infrastructure.

On Tuesday, Trafigura's chief executive warned of possible significant deficits for copper, nickel and cobalt as global demand rises.

Traceability and sustainability will be some of the main requirements from clients from now on, BHP's Pant said, adding that the company has done a blockchain traceability programme with Tesla to track carbon emissions of its Western Australian nickel mine asset.

BHP also recently conducted its first carbon-neutral copper cargo, from Chile to the United States, she said, adding that is "the way to go."

(Reporting by Mai Nguyen in Hanoi; Editing by Christian Schmollinger)

Teck Resources Limited TECK recently stated that heavy rainfall, flooding and landslides have temporarily disrupted its logistics chain between west coast terminals and British Columbia (B.C) operations.Heavy downpours and floods in southern B.C have forced to shut down all road and rail lines in Canada’s largest port of Vancouver. Canadian National Railway CNI and Canadian Pacific Railway CP networks has been out of service following floods and mudslides. CNI & CP have started repairing the tracks, but did not provide any estimated dates when their main lines will reopen. Teck Resources rerouted some shipments to Ridley Terminals in Prince Rupert to mitigate the impacts of disruption.CNI and CP help Teck Resources ship steelmaking coal from its four B.C. operations between Kamloops and Neptune Terminals, and other west coast ports. This significantly enhances Teck Resources’ shipment volumes through the expanded Neptune Terminals.The overall impact of rainfall and any possible effect on fourth-quarter 2021 sales performance will depend on the duration of the logistics chain disruption. Management stated that its production has not yet been impacted.

Heavy downpour also impacted Enbridge Inc.‘s ENB operations. The company has shut down one of the two pipelines including its Westcoast natural gas pipeline in B.C.Enbridge’s Westcoast pipeline delivers 1.5 billion to 1.8 billion cubic feet of gas per day to the B.C. lower mainland and the U.S. Pacific Northwest. The company is a leading energy infrastructure company involved in the transportation of energy through the longest and most advanced crude and liquids pipeline system in the world that spreads across 17,127 miles.Teck Resources’ third-quarter 2021 earnings and revenues beat the respective Zacks Consensus Estimates and improved year over year. The company is poised to gain from the Neptune Bulk Terminals facility upgrade project. The project strengthens the performance of the steelmaking coal-supply chain, increases terminal loading capacity and enhances the capability to meet delivery commitments to customers, while lowering overall logistic costs. The company projects fourth-quarter steelmaking coal sales in the band of 6.4-6.8 million tons. The record increase in FOB Australia steelmaking coal prices, CFR China prices and strong demand from steelmakers will support the steelmaking coal segment in the fourth quarter.This July, wildfires in B.C also damaged the rail line near Lytton and disrupted rail services between Teck Resources’ steelmaking coal operations and west coast terminals. As impacts from this incident are not expected to be fully recovered by the end of this year, the company projects steelmaking coal production to be at the lower end of its current-year guidance of 25-26 million tons.Teck Resources currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Price Performance

The company’s shares have soared 81.5% in the past year compared with the industry’s growth of 12.7%.

Zacks Investment Research

Image Source: Zacks Investment Research

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Canadian National Railway Company (CNI) : Free Stock Analysis Report Enbridge Inc (ENB) : Free Stock Analysis Report Canadian Pacific Railway Limited (CP) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

VANCOUVER, British Columbia, Nov. 14, 2021 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has been named to the S&P Dow Jones Sustainability World Index (DJSI) for the 12th consecutive year and is ranked #1 in the Metals and Mining industry category on the DJSI for 2021.

“We recognize that sustainability is foundational to our success and being socially and environmentally responsible is core to how we operate as a company,” said Don Lindsay, President and CEO. “This commitment is led by our people, who are dedicated to providing essential resources while caring for communities and the environment.”

The DJSI ranking indicates that Teck’s sustainability practices are in the top 10 percent of the 2,500 largest companies in the S&P Global Broad Market Index (BMI). Teck is a leader in the Metals and Mining industry, based on an in-depth analysis of economic, social and environmental performance. Teck scored the industry best score in the Social category which measures performance in topics related to diversity, health and safety, labour practices, human rights, community impacts and community investment. Click here for more information on the DJSI.

Teck was also named one of the Global 100 Most Sustainable Corporations and one of the Best 50 Corporate Citizens in Canada by Corporate Knights in 2021. Teck is ranked first in the Diversified Metals and Mining category by Sustainalytics and is also currently listed on the MSCI World ESG Leaders, FTSE4Good Index, Bloomberg Gender Equality Index and Jantzi Social Index.

Go to www.teck.com/responsibility to learn more about Teck’s commitment to responsible resource development.

About Teck

As one of Canada’s leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Investor Contact:Fraser PhillipsSenior Vice President, Investor Relations and Strategic Analysis 604.699.4621fraser.phillips@teck.com

Media Contact:Chris StannellPublic Relations Manager604.699.4368chris.stannell@teck.com

VANCOUVER, British Columbia, Nov. 12, 2021 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) has been named one of Canada’s Top 100 Employers for the fifth consecutive year by Mediacorp Canada’s Top Employers program, which recognizes companies for exceptional human resources programs and forward-thinking workplace policies.

“Our employees are committed to supporting the communities where we operate and responsibly providing the essential resources needed to make life better for people around the world,” said Don Lindsay, President and CEO. “Teck is focused on supporting the growth and development of our teams and fostering a workplace where everyone is included and valued.”

Editors at Mediacorp, Canada’s largest publisher of employment periodicals, grade employers on eight criteria, including health, financial & family benefits, community involvement, employee communications, and training and skills development.

More information on the Canada’s Top 100 Employers program can be found here: https://www.canadastop100.com/national/

Teck has also been named to the Forbes list of the World’s Best Employers for the past two years and is one of Canada's Top Employers for Young People 2021.

Learn more about careers at Teck at www.teck.com/careers.

About TeckAs one of Canada’s leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Investor Relations Contact:Fraser PhillipsSenior Vice President, Investor Relations and Strategic Analysis604.699.4621fraser.phillips@teck.com

Media Contact:Chris Stannell Public Relations Manager 604.699.4368chris.stannell@teck.com

Like a puppy chasing its tail, some new investors often chase ‘the next big thing’, even if that means buying ‘story stocks’ without revenue, let alone profit. But as Peter Lynch said in One Up On Wall Street, ‘Long shots almost never pay off.’

In contrast to all that, I prefer to spend time on companies like Alphamin Resources (CVE:AFM), which has not only revenues, but also profits. Now, I’m not saying that the stock is necessarily undervalued today; but I can’t shake an appreciation for the profitability of the business itself. Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing.

View our latest analysis for Alphamin Resources
How Fast Is Alphamin Resources Growing Its Earnings Per Share?

In a capitalist society capital chases profits, and that means share prices tend rise with earnings per share (EPS). So like the hint of a smile on a face that I love, growing EPS generally makes me look twice. You can imagine, then, that it almost knocked my socks off when I realized that Alphamin Resources grew its EPS from US$0.0059 to US$0.021, in one short year. When you see earnings grow that quickly, it often means good things ahead for the company. But the key is discerning whether something profound has changed, or if this is a just a one-off boost.

I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats). Alphamin Resources shareholders can take confidence from the fact that EBIT margins are up from 12% to 41%, and revenue is growing. Ticking those two boxes is a good sign of growth, in my book.

You can take a look at the company’s revenue and earnings growth trend, in the chart below. To see the actual numbers, click on the chart.
“earnings-and-revenue-history”
earnings-and-revenue-history

While profitability drives the upside, prudent investors always check the balance sheet, too.
Are Alphamin Resources Insiders Aligned With All Shareholders?

As a general rule, I think it worth considering how much the CEO is paid, since unreasonably high rates could be considered against the interests of shareholders. For companies with market capitalizations between US$400m and US$1.6b, like Alphamin Resources, the median CEO pay is around US$1.1m.

The Alphamin Resources CEO received US$882k in compensation for the year ending . That seems pretty reasonable, especially given its below the median for similar sized companies. CEO compensation is hardly the most important aspect of a company to consider, but when its reasonable that does give me a little more confidence that leadership are looking out for shareholder interests. I’d also argue reasonable pay levels attest to good decision making more generally.
Should You Add Alphamin Resources To Your Watchlist?

Alphamin Resources’s earnings have taken off like any random crypto-currency did, back in 2017. With rocketing profits, its seems likely the business has a rosy future; and it may have hit an inflection point. Meanwhile, the very reasonable CEO pay reassures me a little, since it points to an absence profligacy. So Alphamin Resources looks like it could be a good quality growth stock, at first glance. That’s worth watching. Don’t forget that there may still be risks. For instance, we’ve identified 2 warning signs for Alphamin Resources that you should be aware of.

Although Alphamin Resources certainly looks good to me, I would like it more if insiders were buying up shares. If you like to see insider buying, too, then this free list of growing companies that insiders are buying, could be exactly what you’re looking for.

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Vancouver, British Columbia–(Newsfile Corp. – November 9, 2021) – Sego Resources Inc. (TSXV: SGZ) ("Sego" or "the Company") has increased the proposed flow-through financing for proceeds from $405,000 by way of a non-brokered private placement of up to 4,500,000 flow-through shares at $0.09 per share (See News Release October 26, 2021) to $465,080 by way of a non-brokered private placement of up to 5,167,555 flow-through shares at $0.09 per share. Subject to regulatory approval.

The proceeds will be expended on diamond drilling of the Company's Southern Gold Zone at the Miner Mountain Copper-Gold Alkalic Porphyry project, near Princeton, BC, subject to regulatory approval.

Finder's fees may be payable on all or a portion of the offering, and will consist of a cash fee of 7% and a 7% Broker's Warrant where applicable, entitling the broker to purchase for one common share for each warrant held for two years from the closing date of the offering at $0.09 per share.

This offering will be subject to the completion of formal documentation, receipt of all necessary regulatory approvals, including the TSX Venture Exchange and other customary conditions. All of the shares sold pursuant to the offering will be subject to a four-month plus one day hold period from the date of closing.

Insiders are participating in the offering, as a result, the private placement is a related-party transaction (as defined under Multilateral Instrument 61-101 [Protection of Minority Security Holders in Special Transactions]). The company relied upon Section 5.5(a) (Fair Market Value Not More Than $2.5 million), Section 5.5(c) (Distribution of Securities for Cash), and exemptions from the formal valuation and minority shareholder approval requirements, respectively, under MI 61-101.

There is no material change about the issuer that has not been generally disclosed.

For further information please contact:

J. Paul Stevenson, CEOSego Resources Inc.ceo@segoresources.com

For investor & shareholder information, please contact:

MarketSmart Communications Inc.Ph: +1 +1 877 261-4466Email: info@marketsmart.ca

Neither the 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. No regulatory authority has approved or disapproved the information contained in this news release.

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statement of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects re forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102686

REE will leverage Say Connect Platform to crowdsource questions ahead of earning calls, broadening access to retail investors

TEL-AVIV, Israel, Nov. 09, 2021 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: REE), a leader in e-mobility, today announced that it has partnered with Say Technologies, (“Say”) for its innovative communication platform. The platform will allow REE to deepen its connection with its investors and enable them to submit and upvote questions to management ahead of earning calls. REE will use the Say Connect platform for its upcoming third quarter earnings call which is scheduled for 8:30am ET on Tuesday, November 16, 2021.Daniel Barel, REE Co-Founder and CEO: “We believe in transparency and accessibility – it’s imperative that we are able to communicate and interact with our various investor types. We are excited to partner with Say Technologies to utilize their advanced platform of interaction with our shareholders.”Starting today, shareholders will be able to submit and up-vote questions to management ahead of earnings. To submit questions, please click here: https://app.saytechnologies.com/ree-2021-q3/

The Q&A platform will remain open until 24 hours before the earnings call and management intends to respond to a selection of questions during the Q&A portion of the call.

The live webcast of the conference call can be accessed via the Events section in REE’s Investor Relations website at https://investors.ree.auto/ or by clicking here: https://edge.media-server.com/mmc/p/rkvhaymk. For those unable to access the webcast, the conference call will be accessible domestically or internationally, by dialing 877-407-9039 or 201-689-8470, respectively. Upon dialing in, please provide your details and request to join the REE Automotive Third Quarter 2021 Earnings Conference Call.

About REE AutomotiveREE (Nasdaq: REE) is an automotive technology leader whose mission is to empower companies to build any size or shape of electric or autonomous vehicle – from Class 1 through Class 6 – for any application and any target market. REE aims to serve as the underpinning on top of which EVs and AVs will be built and envisions a future where EVs and AVs will be ‘Powered by REE’.

REE’s revolutionary technology – the REEcorner™ – packs critical vehicle components (steering, braking, suspension, powertrain and control) into a single compact module positioned between the chassis and the wheel, enabling REE to build the industry’s flattest EV platforms with more room for passengers, cargo and batteries. REE uses x-by-wire technology to control each of the corners of the vehicles with full drive-by-wire, brake-by-wire and steer-by-wire.

REE’s EV platforms afford complete freedom of design, enabling auto-manufacturers, OEMs, delivery & logistic fleets, Mobility-as-a-Service providers and new mobility players to design mission-specific EVs and AVs based on their exact business requirements and significantly reduce their time-to-market, lower TCO and meet zero-carbon regulations.

Headquartered in Herzliya, Israel, REE has an Engineering Center in the UK, as well as subsidiaries worldwide including Japan and Germany, and plans to open its U.S. headquarters and first Integration Center in Austin, Texas. REE’s unique CapEx-light manufacturing model leverages Tier-1 partners’ existing production lines; the company’s extensive partner ecosystem encompasses leading names including Hino Motors (truck arm of Toyota), Magna International, JB Poindexter, and American Axle & Manufacturing to provide a full turnkey solution.

REE’s patented technology, together with its unique value proposition, position it to break new ground in e-Mobility. For more information visit https://www.ree.auto.

About SaySay unlocks the power of shareholder votes and voices. Innovative public companies use Say to build deeper relationships with their investors, and the world’s fastest-growing brokers and investment platforms use Say to make shareholder rights more accessible for their customers. Additional information is available at www.saytechnologies.com.

Contacts:

Investor Relations Limor Gruber VP Investor Relations | REE Automotive +972-50-5239233 investors@ree.auto

MediaKeren ShemeshChief Marketing Officer | REE Automotive+972-54-5814333media@ree.auto

TEL AVIV, Israel, November 05, 2021–(BUSINESS WIRE)–REE Automotive Ltd. (NASDAQ: "REE"), a leader in e-mobility, today announced the nomination of American Axle & Manufacturing (AAM) Holdings, Inc. (NYSE: AXL), a leading global Tier 1 automotive supplier, to supply REE with its high-performance electric drive units (EDU).

AAM’s award-winning 3-in-1 electric drive technology – which places the electric motor, gearbox and inverter into a single package – will be integrated into REEcorner technology. AAM’s high-speed, highly integrated 3-in-1 propulsion systems are designed to provide the highest levels of torque and power density, a great match for REE’s compact and modular REEcorners as they offer more power with less weight and packaging volume.

The electric drive units will be developed at AAM’s Advanced Technology and Development Center in Detroit with delivery of prototypes planned by the end of 2021 with full volume production expected by 2024. The initial integration will be for prototype builds for a U.S.-based delivery van program.

REEcorners™ integrate critical vehicle components (inc. steering, braking, suspension, powertrain & control) into a single compact module positioned between the chassis and the wheel. REE uses true x-by-wire technology to control each of the corners of the vehicles with full drive-by-wire, brake-by-wire and steer-by-wire, expected to deliver vehicle stability, responsiveness and safety with fully independent wheel control. REE’s corner technology enables building modular, fully-flat EV platforms with more room for passengers, cargo and batteries – as much as 35% greater interior space as compared to internal combustion vehicles or conventional EVs. REE’s EV platforms afford complete freedom of design, enabling auto-manufacturers, OEMs, delivery & logistics companies, and new mobility players to design EVs based on their exact specifications while reducing time-to-market, lowering TCO and meeting zero-carbon regulations.

Daniel Barel, REE Co-Founder and CEO: "This supplier nomination is an important step in our production progress as we remain totally focused on execution. With our nomination of AAM, an innovator in electric propulsion systems, we are securing future capacity of EDUs to support our growth and advancing our goal of partnering with leading automotive suppliers to bring the best technology to customers for flexible end-use options. In AAM we have a found a partner with the experience and expertise that will help propel a zero-emissions future in line with our vision."

About REE Automotive

REE (Nasdaq: REE) is an automotive technology leader whose mission is to empower companies to build any size or shape of electric or autonomous vehicle – from Class 1 through Class 6 – for any application and any target market. REE aims to serve as the underpinning on top of which EVs and AVs will be built and envisions a future where EVs and AVs will be ‘Powered by REE’.

REE’s revolutionary technology – the REEcorner™ – packs critical vehicle components (steering, braking, suspension, powertrain and control) into a single compact module positioned between the chassis and the wheel, enabling REE to build the industry’s flattest EV platforms with more room for passengers, cargo and batteries. REE uses x-by-wire technology to control each of the corners of the vehicles with full drive-by-wire, brake-by-wire and steer-by-wire.

REE’s EV platforms afford complete freedom of design, enabling auto-manufacturers, OEMs, delivery & logistic fleets, Mobility-as-a-Service providers and new mobility players to design mission-specific EVs and AVs based on their exact business requirements and significantly reduce their time-to-market, lower TCO and meet zero-carbon regulations.

Headquartered in Herzliya, Israel, REE has an Engineering Center in the UK, as well as subsidiaries worldwide including Japan and Germany, and plans to open its U.S. headquarters and first Integration Center in Austin, Texas. REE’s unique CapEx-light manufacturing model leverages Tier-1 partners’ existing production lines; the company’s extensive partner ecosystem encompasses leading names including Hino Motors (truck arm of Toyota), Magna International, JB Poindexter, and American Axle & Manufacturing to provide a full turnkey solution.

REE’s patented technology, together with its unique value proposition, position it to break new ground in e-Mobility. For more information visit https://www.ree.auto.

About AAM

AAM (NYSE: AXL) delivers POWER that moves the world. As a leading global Tier 1 automotive supplier, AAM designs, engineers and manufactures driveline and metal forming technologies that are making the next generation of vehicles smarter, lighter, safer and more efficient. Headquartered in Detroit, AAM has approximately 20,000 associates operating at nearly 80 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership. To learn more, visit www.aam.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211105005486/en/

Contacts

Investor Relations Limor GruberVP Investor Relations, REE Automotive+972-50-5239233investors@ree.auto Media Keren ShemeshChief Marketing Officer, REE Automotive+972-54-5814333media@ree.auto

(Adds Wyloo comment, updates dateline)

Nov 3 (Reuters) – BHP Group Ltd has started talks with Australian billionaire Andrew Forrest's Wyloo Metals regarding the takeover of Noront Resources Ltd as both the companies try to acquire the Canadian nickel producer.

In October, BHP increased its all-cash offer for Noront to C$0.75 ($0.60) per share, surpassing Wyloo's C$0.70 proposal.

"BHP and Wyloo Metals have engaged in initial conversations and are considering a mutually beneficial arrangement regarding the acquisition of Noront by BHP," BHP said in a statement issued late on Tuesday.

At stake in the scramble for Noront is the Eagle's Nest nickel asset in Canada's so-called Ring of Fire, a high-grade deposit sought to meet the expected demand for the metal from electric vehicle battery makers, as well as copper and palladium.

BHP also extended the tender expiry for its takeover from Nov. 9 to Nov. 16, the world's biggest mining company said in the statement.

Wyloo confirmed that it had entered the discussions.

"Wyloo Metals is considering the potential of a mutually beneficial arrangement with BHP insofar as this arrangement can deliver greater deal certainty to Noront shareholders," Wyloo said in a statement on Wednesday.

Wyloo said Noront shareholders would be updated on the discussions before the tender deadline.

($1 = 1.2413 Canadian dollars) (Reporting by Arunima Kumar in Bengaluru. Additional reporting by Melanie Burton in Melbourne; Editing by Arun Koyyur and Christian Schmollinger)

(Adds comments from consultancy, Samarco)

RIO DE JANEIRO, Nov 3 (Reuters) – The "socio-environmental" damage brought about by the 2015 rupture of a tailings dam in Brazil owned by miner Samarco is between 37.6 billion reais ($6.73 billion) and 60.6 billion reais, according to a study done by a company contracted by prosecutors to measure the costs of the disaster.

The study, carried out by consultancy Lactec at the request of Brazilian federal prosecutors, was seen by Reuters this week. Its conclusions come as Brazilian authorities, Samarco and Samarco co-owners BHP Group and Vale SA enter the final phases of a re-negotiation of a 2016 settlement related to the disaster.

The dam collapse near the town of Mariana killed 19 people and severely polluted the Rio Doce river, compromising the waterway all the way to its outlet in the Atlantic Ocean.

"We did an environmental valuation and we're giving a base to prosecutors so they have a reference point with which to make future decisions," said Renata Cristine da Silva Gonçalves, a researcher at Lactec.

"We don't have any way to define what prosecutors will do with the results of the study," she added.

Samarco told Reuters it would comment on the matter as soon as possible.

($1 = 5.59 reais)

(Reporting by Marta Nogueira; Writing by Gram Slattery; Editing by Aurora Ellis)

Nov 2 (Reuters) – BHP Group Ltd has started talks with billionaire Andrew Forrest's Wyloo Metals regarding the takeover of Noront Resources Ltd as both the companies try to acquire the Canadian nickel producer.

In October, BHP increased its all-cash offer for Noront to C$0.75 per share, surpassing Wyloo's $0.70 proposal.

At stake in the scramble for Noront is the Eagle's Nest nickel asset in Canada's so-called Ring of Fire, a high-grade deposit of the electric-vehicle battery metal, as well as copper and palladium.

BHP also extended the tender expiry for its takeover from Nov. 9 to Nov. 16, the world's biggest mining company said on Tuesday.

"BHP and Wyloo Metals have engaged in initial conversations and are considering a mutually beneficial arrangement regarding the acquisition of Noront by BHP," the company said in a statement.

(Reporting by Arunima Kumar in Bengaluru; Editing by Devika Syamnath and Arun Koyyur)

NEW YORK and TEL AVIV, Israel, Nov. 02, 2021 (GLOBE NEWSWIRE) — REE Automotive, Ltd. (NASDAQ: REE), a leader in e-mobility, announced today that it will release its third quarter 2021 financial results before the market opens on Tuesday, November 16, 2021. A webcast and conference call will be held on November 16, 2021, at 8:30 a.m. Eastern time to review the Company’s third quarter results, discuss recent developments and conduct a question-and-answer session.

The live webcast of the conference call can be accessed via the News & Presentations/Events section in REE’s Investor Relations website at https://investors.ree.auto/. For those unable to access the webcast, the conference call will be accessible domestically or internationally, by dialing 877-407-9039 or 201-689-8470, respectively. Upon dialing in, please provide your details and request to join the REE Automotive Third Quarter 2021 Earnings Conference Call.

ReplayFollowing the live webcast a replay of the conference call can be accessed via the Events section in REE’s Investor Relations website at https://investors.ree.auto/.

About REEREE is an automotive technology leader creating the cornerstone for tomorrow's zero-emission vehicles. REE’s mission is to empower global mobility companies to build any size or shape of electric or autonomous vehicle – from class 1 through class 6 – for any application and any target market. Our revolutionary, award-winning REEcorner technology packs traditional vehicle drive components (steering, braking, suspension, powertrain and control) into the arch of the wheel, allowing for the industry's flattest EV platform. Unrestricted by legacy thinking, REE is a truly horizontal player, with technology applicable to the widest range of target markets and applications. Fully scalable and completely modular, REE offers multiple customer benefits including complete vehicle design freedom, more space and volume with the smallest footprint, lower TCO, faster development times, ADAS compatibility, reduced maintenance and global safety standard compliance.

Headquartered in Tel Aviv, Israel, with subsidiaries in the USA, the UK and Germany. REE has a unique CapEx-light manufacturing model that leverages its Tier 1 partners’ existing production lines. REE’s technology, together with their unique value proposition and commitment to excellence, positions REE to break new ground in e-Mobility. For more information visit https://www.ree.auto.

Contacts

Investor RelationsLimor GruberVP Investor Relations, REE Automotive+972-50-5239233investors@ree.auto

MediaKeren ShemeshChief Marketing Officer, REE Automotive+972-54-5814333media@ree.auto

Key ingredient in fire retardant products derived from Compass Minerals’ Great Salt Lake solar evaporation production stream

OVERLAND PARK, Kan., November 02, 2021–(BUSINESS WIRE)–Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced a $45 million equity investment in FORTRESS North America (Fortress), an early-stage long-term fire retardant (LTR) company dedicated to developing and producing a portfolio of more environmentally friendly and carbon neutral fire retardants to combat the devastating effects of wildfires in North America and around the world. This builds upon the initial $5 million Series A investment Compass Minerals made in Fortress, meaningfully increasing its minority equity stake ownership to approximately 45%, with the opportunity to further increase that stake over time.

Fortress is a next-generation fire retardant company focused on reinventing wildfire application technologies. Led by CEO Robert Burnham alongside a team of multi-disciplined, veteran fire professionals, Fortress is the first new company in more than 20 years to pass all testing protocols and certifications for qualifying two new LTR products. LTRs are highly specialized formulations designed specifically for aerial drops to control the spread of wildfires. Fortress’ latest FR-600 ground retardant was recently added to the United States Forest Service’s (USFS) Qualified Products List.

Fortress’ patent portfolio of LTR and ground retardant formulations has been developed primarily using essential minerals supplied from Compass Minerals’ solar evaporation site on the Great Salt Lake near Ogden, Utah, which was the foundation of the strategic alliance between the two companies.

"Since we began working closely with the entrepreneurial Fortress team approximately 18 months ago, we have been excited about the growth potential of their innovative products in what has historically been a stagnant and sole-sourced market," said Kevin S. Crutchfield, Compass Minerals president and CEO. "We believe our support, both financially and operationally, will help accelerate that growth potential, and we anticipate Fortress’ high demand season will help to counter-balance the seasonality of our core deicing salt business."

The USFS tests fire chemicals for safety and efficacy prior to approval for field use. The combustion retarding effectiveness test (burn test) is one of the most critical, as it assesses a new product’s ability to retard the spread of fire against the legacy chemistry of ammonium phosphate. The USFS burn test conducted for the Fortress FR-100 product showed that it performed 20-30% better than ammonium phosphate products typically in use today. Fortress’ LTRs, based on magnesium chloride technology, are also designed to deliver extended effectiveness by re-hydrating when the relative humidity rises above approximately 33%, a common occurrence overnight on many large wildfires.

Fortress plans to further expand its suite of magnesium chloride-based retardants, which provide unique properties for fighting wildfires and abating fire risk. The announced investment by Compass Minerals is expected to enable Fortress to scale more quickly by completing the construction of its manufacturing facilities for both its powder and liquid concentrate products. Fortress also expects to leverage Compass Minerals’ supply chain and logistics capabilities in support of Fortress’ market competitiveness.

"Nothing about our alliance with Compass Minerals is happenstance," said Burnham. "The alignment of capabilities were crystal clear from our very first meeting, and taking this step now allows us to scale rapidly and effectively."

About Compass Minerals

Compass Minerals (NYSE: CMP) is a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve nature’s challenges for customers and communities. Its salt products help keep roadways safe during winter weather and are used in numerous other consumer, industrial and agricultural applications. And its plant nutrition business manufactures products that improve the quality and yield of crops, while supporting sustainable agriculture. Additionally, its specialty chemical business serves the water treatment industry and other industrial processes. The company operates 15 production and packaging facilities with more than 2,000 employees throughout the U.S., Canada, Brazil and the U.K. Visit compassminerals.com for more information about the company and its products.

About Fortress

With corporate locations in California and Montana, Fortress, founded in 2016, is a new and innovative fire retardant company that has designed and developed the Fortress family of chemically advanced "next generation" long-term fire retardants, engineered for environmental safety and superior efficacy. More info: www.FORTRESSFRS.com

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements about Fortress’ growth potential, Fortress’ ability to scale and expand, and the investment’s ability to counter-balance the seasonality of the company’s business. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. The differences could be caused by a number of factors, including those factors identified in the "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations" sections of the company’s Annual and Quarterly Reports on Forms 10-K and 10-Q, including any amendments, as well as the company’s other SEC filings. The company undertakes no obligation to update any forward-looking statements made in this press release to reflect future events or developments, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211102006293/en/

Contacts

Media Contact Rick AxthelmChief Public Affairs and Sustainability Officer+1.913.344.9198MediaRelations@compassminerals.com

Investor Contact Douglas KrisSenior Director of Investor Relations+1.917.797.4967krisd@compassminerals.com

These are the materials stocks with the best value, fastest growth, and most momentum for October 2021.

Mosaic stock is among three fertilizer plays near buy points with earnings this week as various trends boost prices and share prices.

The company has launched an executive search to hire a new permanent CFO and named its chief accounting officer as the interim CFO in the meantime.

Coal company that inspired the construction of a more than 300,000-square-foot black marble headquarters at Southpointe now looking to leave it behind for an office only one-tenth that size, say sources.

Mosaic stock missed Q3 EPS views, while Nutrien beat. MOS and NTR are among three fertilizer plays near buy points with earnings this week.

CCJ earnings call for the period ending September 30, 2021.