Vancouver, British Columbia–(Newsfile Corp. – May 29, 2026) – Sego Resources Inc.(TSXV: SGZ) ("Sego" or "the Company"), is pleased to announce a critical minerals flow through financing.

The gross proceeds of the financing will be used for exploration at the Miner Mountain project, located near Princeton, BC..

The Miner Mountain project is an Alkalic Porphyry Copper-Gold exploration project which encompasses near-surface disseminated gold mineralization and porphyry copper-gold targets.

Private Placement

The offering will consist of up to 19,400,000 flow-through common shares at $0.05 per share for gross proceeds of up to $ 970,000. There will be no warrants attached to the offering.

Insiders of the Company will participate in the private placement. A commission of 7% cash and 7% warrants exercisable at $0.05 for one year will be paid on a portion of the private placement .

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 securities sold pursuant to the offering will be subject to a four-month hold period from the date of closing.

None of the securities issued in the Offering will be registered under the United States Securities Act of 1933, as amended (the "1933 Act").

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

For further information please contact: J. Paul Stevenson, CEO

(604) 682-2933

ceo@segoresources.com

About the Project

Sego is 100% owner of the Miner Mountain Project, an alkalic copper-gold porphyry and gold exploration project located near Princeton, British Columbia. The property is 2,056 hectares in size and is 15 km north of the Copper Mountain Mine operated by Hudbay Minerals Inc. Sego has a Memorandum of Understanding with the Upper Similkameen Indian Band on whose Traditional Territory the Miner Mountain Project is situated. Sego has received an Award of Excellence for its reclamation work on the Miner Mountain Project.

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 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.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299494

Albemarle Corporation ALB remains committed to driving shareholder value by leveraging solid liquidity and healthy cash flows. At the end of the first quarter of 2026, ALB had liquidity of around $2.7 billion, including cash and cash equivalents of around $1.1 billion. It generated an operating cash flow of $346 million and free cash flow of $248 million in the quarter.  ALB generated free cash flow of $692 million for full-year 2025, driven by strong cash conversion, lower capital spending and productivity measures. Free cash flow in 2026 is expected to be supported by the recent uptick in lithium prices, strong cash conversion and productivity. Its ability to convert improving operating performance into free cash is likely to result in incremental returns to shareholders. ALB expected full-year 2026 operating cash flow conversion to be within its long-term target range of 60-70% at the average lithium market price of $20 per kilogram.The company remains focused on maintaining its dividend payout. It has raised its quarterly dividend for the 30th straight year. ALB offers a dividend yield of 0.9% at the current stock price. Backed by healthy cash flows and sound financial health, the company's dividend is perceived to be safe and reliable.Among its peers, Sociedad Quimica y Minera de Chile S.A. SQM exited the first quarter with strong liquidity, with cash and cash equivalents being around $2.8 billion. Sociedad Quimica’s solid cash position supports its capital investment in growth projects and shareholder-friendly actions. Sociedad Quimica projects total capital expenditure of $2.7 billion for the 2025-2027 period, which includes the expansion of lithium carbonate and lithium hydroxide capacity in Chile. ICL Group Ltd. ICL ended the first quarter with cash and cash equivalents, and short-term investments and deposits of $581 million. Including unutilized revolving credit facility and securitization, ICL Group had cash resources of $1,491 million at the end of the quarter. ICL generated an operating cash flow of $195 million in the first quarter. It distributed roughly $224 million in dividends to its shareholders last year.

ALB’s Price Performance, Valuation & Estimates

Albemarle has gained 38.3% in the past six months compared with the Zacks Chemical – Diversified industry’s rise of 25.6%.

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ALB is currently trading at a forward price-to-sales ratio of 3.37, above the industry. It carries a Value Score of D.

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The Zacks Consensus Estimate for ALB’s 2026 earnings implies a year-over-year rise of 1,555.7%. The EPS estimates for 2026 have been trending higher over the past 60 days.

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ALB stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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  • Lithium Sales Volume: Increased by 25% year-over-year, reaching approximately 69,000 metric tons of lithium carbonate equivalent.
  • Contribution to Chilean State: Over $530 million in contributions through payments, taxes, and transfers to local governments in the first quarter.
  • Projected Lithium Sales Volume Growth: Expected to grow by approximately 15% compared to 2025.
  • Specialty Plant Nutrition Sales Volume Growth: Expected to grow by approximately 10% compared to 2025.

Release Date: May 27, 2026

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

  • Sociedad Quimica Y Minera De Chile SA (NYSE:SQM) reported strong results for the first quarter of 2026, reflecting robust performance across key business lines.
  • The partnership with Codelco through Novandinolithium completed its first full quarter of operations, generating over $530 million in contributions to the Chilean state.
  • Lithium sales volumes increased by 25% year-over-year, with expectations for total lithium sales volumes to grow by approximately 15% compared to 2025.
  • The specialty plant nutrition business line is expected to see a 10% growth in sales volumes, driven by reduced potassium nitrate exports from China.
  • The company is advancing in the Salar Futuro project and expects to begin the environmental permitting process soon, indicating future growth potential.

Negative Points

  • The company faces a high volatile price scenario in the lithium market, making it difficult to predict prices beyond the second quarter.
  • Despite higher cash and cash equivalents, the company has significant obligations, including payments to Corfo and tax-related payments, which may limit cash availability for other uses.
  • The iodine market faces potential supply disruptions, and there is uncertainty about whether supply will accelerate in the next two to three years, affecting pricing.
  • Inflation and global uncertainties could impact the cost and returns of the Salar Futuro project, although the company remains optimistic about its viability.
  • The effective tax rate was higher than usual due to increased profitability in the lithium business, leading to higher mining taxes.

Q & A Highlights

Q: How does the movement in the lithium battery business over the last year affect SQM's outlook on mid-cycle pricing? A: Pablo Hernandez, Vice President of Strategy and Development of the Lithium Chile Division, noted that the average sales price in Q1 2026 was approximately $18 per kilo, significantly higher than the $10 per kilo in Q4 2025. Prices are expected to remain volatile, making it difficult to predict beyond Q2 2026.

Q: How does SQM plan to utilize the windfall free cash flow generated by higher lithium prices? A: Gerardo Illanes Gonzalez, Chief Financial Officer, stated that while the company has historically distributed special dividends, no decision has been made yet for this quarter. The company is assessing opportunities for dividend distribution while considering tax-related payments and investments.

Q: What is causing the increase in specialty plant nutrition (SPN) business volumes, and how sustainable is this trend? A: Pablo Altimiras, Executive Vice President – Nitrates and Iodine, explained that the increase is due to China's suspension of potassium nitrate exports, allowing SQM to capture market share. The sustainability of this trend is uncertain due to potential changes in China's export policies.

Q: What gives SQM confidence that iodine prices will remain elevated despite potential supply increases? A: Pablo Altimiras highlighted that the iodine market has evolved with increased demand from applications like contrast media. Marginal projects are costlier, and strong demand growth supports current price levels.

Q: Can you provide details on the Salar Futuro project's CapEx and the impact of inflation on returns? A: Ricardo Ramos Rodriguez, Chief Executive Officer, mentioned that the estimated investment is around $30 billion. Inflation affects costs but also increases commodity prices, which should maintain project returns. The environmental study is expected to be filed by Q3 2026, with investment starting in 2030.

Q: What is the outlook for lithium volume growth, and how is it being achieved? A: Pablo Hernandez stated that SQM expects a 15% increase in lithium sales volumes year-over-year, driven by strong demand and production capacity maximization. The company aims to meet market needs with over 270,000 metric tons of production.

Q: How does SQM view the impact of inflation on the Salar Futuro project and its returns? A: Ricardo Ramos Rodriguez explained that while inflation is a concern, it also raises commodity prices, which should offset cost increases and maintain project returns. The project is expected to start investment in 2030.

Q: Can you explain the higher effective tax rate in the quarter? A: Gerardo Illanes Gonzalez noted that the higher tax rate is due to increased profitability from higher lithium prices, which raised the mining tax rate. The mining tax is based on profitability and export revenues.

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

This article first appeared on GuruFocus.

SQM (NYSE:SQM) reported a sharp rebound in first-quarter profit as lithium demand shows signs of tightening again, helped by battery storage systems and electric vehicles. The Chilean lithium producer posted adjusted Ebitda of $837 million for the three months ended March 31, more than double the year-earlier level and above the average analyst estimate. Revenue rose to $1.8 billion, also slightly ahead of expectations, giving investors one of SQM's strongest quarters since the 2022 lithium boom.

The bigger story is volume. SQM sold about 69,000 metric tons of lithium carbonate equivalent in the quarter while operating at full capacity to meet demand. Management now expects lithium sales volumes to rise about 15% this year, up from its earlier forecast of 10%. That matters because the lithium market has spent two years under pressure, with falling prices forcing producers to cut costs, delay projects and idle capacity. SQM's updated outlook suggests demand from energy storage and EVs could be pulling the market back toward a tighter supply-demand balance.

CEO Ricardo Ramos said global lithium demand could exceed 1.9 million tons in 2026, supported in part by rapid growth in battery energy storage systems. Ramos said market conditions continue to point to a tight balance between supply and demand, and that the positive pricing trend seen in recent months could continue in the short term. SQM is choosing to maximize output and keep costs low rather than restrict supply to support prices, while investors are likely to focus next on pricing trends, Salar Futuro and the company's Codelco partnership, which extends Atacama operations through 2060.

Highlights
  • SQM reported total revenues for the three months ended March 31, 2026 of US$1,760.1 million compared to total revenues of US$1,036.6 million for the same period last year.
  • Net income for the three months ended March 31, 2026 of US$364.7 million or US$1.28 per share, compared to US$137.5 million or US$0.48 per share for the same period last year.
  • In lithium: Strong sales volumes amidst strong market demand. Moving-up sales volumes guidance for the year.
  • In SPN: Stronger than expected quarter in both volumes and prices. Moving-up sales volumes for the year.
 
SQM will hold a conference call to discuss these results on Wednesday, May 27, 2026 at 12:00pm EDT (12:00pm Chile time).
Participant Call link: https://register-conf.media-server.com/register/BIf194b8fef0d7479a82018f16e2c31fe3
Webcast: https://edge.media-server.com/mmc/p/9qtcu4gc

SANTIAGO, Chile, May 26, 2026 (GLOBE NEWSWIRE) — Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported today net income for the three months ended March 31, 2026, of US$364.7 million or US$1.28 per share, an increase of 165.2% compared to US$137.5 million or US$0.48 per share reported for the same period last year.

Gross profit(1) reached US$778.6 million (44.2% of revenues) for the three months ended March 31, 2026, higher than US$304.7 million (29.4% of revenues) recorded for the three months ended March 31, 2025. Revenues totaled US$1,760.1 million for the three months ended March 31, 2026, representing an increase of 69.8% compared to US$1,036.6 million reported for the three months ended March 31, 2025.

SQM’s Chief Executive Officer, Ricardo Ramos, stated, “We delivered strong results during the first quarter of the year. In lithium, sales volumes reached approximately 69 thousand metric tons of LCE across our operations, as we continued to operate at full capacity to meet strong customer demand. Based on our current estimates, global lithium demand could exceed 1.9 million metric tons of LCE this year, while market dynamics continue to suggest a tight supply-demand balance. As a result, we have upgraded our sales volume guidance for the year, increasing our expected growth from 10% to 15%.”

He added, “The first quarter of 2026 marked our first full quarter operating alongside CODELCO through our partnership Nova Andino Litio, and the results underscore the strength of this partnership. We are operating at full capacity, delivering strong financial results, while we continue to expand production capacity. In the first quarter alone, Nova Andino Litio generated more than US$530 million in contributions to the Chilean state, including payments to CORFO, local governments, and taxes.”

“We are currently finalizing the documentation required to begin the environmental permitting process for the Salar Futuro project. We expect to submit the project to the environmental authorities in the coming months and to share further details with the market in the near term. This project will be developed by Nova Andino, and we are very enthusiastic about its potential to establish a new benchmark in lithium production.”

Mr. Ramos continued, “In our SPN business lines, we are also increasing our sales volume guidance for the year. We now expect total sales volumes to grow by approximately 10% compared to last year, driven by tighter supply conditions in Asia. This reflects reduced export availability, as Chinese producers prioritize domestic consumption and scale back potassium nitrate shipments, creating opportunities for us to serve previously undersupplied markets.”

He further noted, “In Iodine, we observed strong sales volumes and higher year-over-year prices, a trend we expect to continue into the next quarter. We are maintaining our full-year sales volume guidance, with volumes expected to be in line with last year. The seawater pipeline is currently in the commissioning phase, and we expect to bring it online during the second half of the year.”

The CEO concluded, “We continue to see positive market dynamics across our key business lines, particularly in lithium, while remaining optimistic about our iodine and specialty plant nutrition segments. We believe we are well positioned to deliver solid results and improved returns to our shareholders, while continuing to advance our expansion plans in both lithium and iodine”

To see full press release please visit: https://ir.sqm.com/

CONTACT: Contact informationnNova Andino Litio:nIgnacia Lopez / ignacia.lopez@novandino.comnnInternational Lithium Division:nDiana Wearing Smith / diana.wearingsmith@sqm.comnnIodine & Plant Nutrition Division:nCarolina Guzman / carolina.guzman@sqm.com

PHILADELPHIA, May 26, 2026 /PRNewswire/ — 

FMC Corporation (NYSE: FMC) today announced that Andrew Sandifer, FMC executive vice president and chief financial officer, will speak at the 16th Annual Wells Fargo Industrials & Materials Conference on June 9, 2026, at 2:15 p.m. Central Time. A live webcast will be available at www.fmc.com/investors.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fmc-corporation-cfo-andrew-sandifer-to-speak-at-16th-annual-wells-fargo-industrials–materials-conference-302782193.html

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  • Arafura Rare Earths (ASX:ARU) has approved a final investment decision for its Nolans Rare Earths Project.
  • The company has secured major equity financing, backing from Hancock Prospecting and sovereign funds, and multi-governmental support.
  • Binding offtake agreements with large global manufacturers position Nolans as what the company describes as Australia’s first fully integrated ore to oxide rare earths operation.

Arafura Rare Earths enters this phase with its shares at A$0.31, after a gain of 82.4% over the past year and 87.9% over five years, while the three year return is down 15.1%. The share price move over the past month, down 12.7%, and over the past week, down 1.6%, indicates that short term sentiment has been more cautious even as longer term performance has been stronger.

For investors tracking the rare earths theme, the Nolans decision and funding mix put ASX:ARU in focus as a potential contributor to supply chains for renewables and EVs. The project aims to add another source of ore to oxide production, which many readers will be watching closely as construction and future ramp up milestones unfold.

Stay updated on the most important news stories for Arafura Rare Earths by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Arafura Rare Earths.

ASX:ARU Earnings & Revenue Growth as at May 2026

1 thing going right for Arafura Rare Earths that this headline doesn’t cover.

Quick Assessment

  • ⚖️ Price vs Analyst Target: At A$0.31, the share price is in line with the A$0.31 consensus target, sitting within the A$0.28 to A$0.35 range.
  • ❌ Simply Wall St Valuation: Valuation status is unknown as DCF data is not available, so there is no clear undervalued or overvalued signal yet.
  • ❌ Recent Momentum: The shares are down 12.7% over the last 30 days, showing weak short term momentum into this project decision.

There is only one way to know the right time to buy, sell or hold Arafura Rare Earths. Head to Simply Wall St’s
company report for the latest analysis of Arafura Rare Earths’s Fair Value.

Key Considerations

  • 📊 The final investment decision, financing and offtakes move Arafura closer to potential production, which is central to any long term investment case.
  • 📊 Watch funding drawdowns, construction progress at Nolans and any updates to cost or schedule, as well as how the share price trades around the A$0.31 analyst target.
  • ⚠️ Key risks include past shareholder dilution and very low current revenue, which highlight execution and financing risk while the project is built out.

Dig Deeper

For the full picture including more risks and rewards, check out the
complete Arafura Rare Earths analysis. Alternatively, you can visit the
community page for Arafura Rare Earths to see how other investors believe this latest news will impact the company’s narrative.

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.

Companies discussed in this article include ARU.AX.

This article first appeared on GuruFocus.

Arafura Rare Earths Ltd. (ARAFF) is entering a high-stakes funding phase as Australia's richest person, Gina Rinehart, moves to deepen her exposure to the company's rare earths strategy. The company launched a A$375 million capital raising plan, built around a two-tranche share placement at 26 cents per share to raise A$350 million, plus a stock purchase plan at the same price that could bring in up to A$25 million. The timing matters for investors because the raise comes just one day after Arafura made its final investment decision to develop the Nolans mine in Australia's Northern Territory, a project expected to produce about 5% of global rare earths.

Rinehart is already Arafura's largest shareholder, with a position of around 15%, and Hancock Prospecting Ltd. has committed to buy A$85 million worth of new stock. That purchase would lift Hancock's stake to around 17.5%, giving Rinehart an even larger position in one of Australia's more closely watched rare earths developments. For investors, the move could be read as another sign of rising conviction around critical minerals supply chains, especially as Arafura has already secured offtake agreements and more than A$1 billion in Australian government financial support, including loans and an equity investment through Export Finance Australia.

The broader context is that Rinehart was an early mover in rare earths and has built the world's largest portfolio of rare-earth element investments outside China, more than 20 years after first making her fortune in steelmaking iron ore. Her exposure also includes stakes in MP Materials Corp. (MP), Lynas Rare Earths Ltd. (LYSDY), and Rare Earths Americas Inc., while Hancock has also expanded into military and defense shares including RTX Corp. (RTX), Northrop Grumman Corp. (NYSE:NOC), L3Harris Technologies Inc. (NYSE:LHX), and Lockheed Martin Corp. (NYSE:LMT), worth a combined $97 million as of March 31. Arafura plans to sell around 20% of its targeted neodymium-praseodymium oxide output on the spot market, which could make pricing exposure an important part of the investment story as the Nolans project moves forward.

May 22 (Reuters) – Australia's Arafura Rare Earths said on Friday it plans to raise about A$350 million ($250 million) in a share placement backed ‌by Gina Rinehart's Hancock Prospecting, to help fund development of its Nolans ‌project.

The share placement plan comes a day after the miner approved the development of its $1.6 billion ​project in the Northern Territory, which is set to be the country's third-biggest rare earths operation by the end of the decade.

Arafura will issue shares worth about A$175.5 million at A$0.260 apiece in the initial tranche, representing a 16.1% discount to the ‌stock's last close on Thursday. ⁠In the second tranche, it will issue shares of A$174.5 million subject to shareholder approval.

Hancock Prospecting, owned by Australia's richest person ⁠Gina Rinehart and also Arafura's largest shareholder, has committed to invest about A$85 million in the raising.

Upon completion of the fundraising, Hancock's stake in Arafura will rise to ​roughly 17.5% ​from 15.5% at present.

Arafura said proceeds from ​the placement will fully fund ‌the equity component required to develop the Nolans project.

The miner has already secured financing commitments from the export credit agencies of the United States, Canada, Germany and South Korea, alongside global trading houses and manufacturers, as Western countries step up efforts to diversify away from China, the dominant rare earths producer.

The company said it ‌has now secured about 93% of its binding ​offtake target for neodymium-praseodymium (NdPr) oxide from the project, ​following recent supply agreements and ​support from export credit agencies.

Australia is pushing to become the ‌top supplier of rare earths to its ​allies, and Arafura ​is slated to supply 500 metric tons of NdPr to the country's strategic minerals reserve, which is set to be operational by year-end.

Arafura is also ​undertaking a share purchase ‌plan to raise up to A$25 million from retail investors, it said.

Shares ​of the firm were on a trading halt.

($1 = 1.3998 Australian dollars)

(Reporting ​by Rajasik Mukherjee; Editing by Subhranshu Sahu)

VANCOUVER, BC / ACCESS Newswire / May 21, 2026 / Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company", or "Stillwater") reports results of rhodium ("Rh") assays from the 2025 resource expansion drill campaign and highlights chromium defined at the Company's 100%-owned Stillwater West project in Montana, USA.

Highlights

  • Rhodium assays from the 2025 drill campaign confirm widespread rhodium mineralization at potential co-product levels across the Chrome Mountain and Iron Mountain resource areas within the broader district-scale polymetallic system including the Pine and Picket Pin target areas at Stillwater West.

  • Results will be incorporated into the updated Mineral Resource Estimate targeted for the first half of 2026, including the current 115,000-ounce rhodium component which represents the only known rhodium resource in the United States (as announced January 25, 2023, and October 27, 2025).

  • Drilling intersected up to 0.167 g/t Rh over 1.22 metres ("m") in hole CM2025-01 from 358m depth, with a second interval of 0.107 g/t Rh over 1.22m from 388m, supporting rhodium as a potential co-product within the broader polymetallic system (see Table 1).

  • Approximately seven kilometers to the east, IM2025-01 returned 1.22m at 0.148g/t Rh starting at 272m, continuing to demonstrate the district-scale nature of the mineralized system.

  • Previous drilling at Chrome Mountain also intersected elevated Rh values including 1.13 g/t Rh over 1.2m in hole CM2023-03 and 0.162 g/t Rh over 3.7m in hole CM2023-01.

  • Historic rock sample programs returned up to 5.78 g/t Rh in the HGR deposit area at Iron Mountain, and up to 1.07 g/t Rh at Chrome Mountain.

  • Rock sampling by Stillwater from 2019 to 2022 included 31 rhodium assays with an average of 0.162 g/t Rh and a maximum value of 0.644 g/t Rh across known deposit areas and also the pre-resource Picket Pine and Pine targets (Figure 1).

  • The five-year average Rh price and the current spot price is approximately US$10,000/oz.

  • Rhodium is identified as a critical mineral in the United States and is used in emissions control, high-temperature alloys, defense-related industrial applications and other advanced technologies.

  • In addition, Stillwater has defined a resource of 2.3 billion pounds ("Blbs") of contained chromium at Stillwater West, underscoring the project's strategic significance as a potential domestic source of a mineral essential to steel production, industrial manufacturing and defense related applications.

Michael Rowley, President and CEO of Stillwater Critical Minerals, commented "Rhodium tops the U.S. government list of priority critical minerals as ranked for potential GDP disruption. Against this backdrop, the continued identification of elevated rhodium levels further supports the polymetallic nature of the Stillwater West system. The current NI 43-101 Mineral Resource Estimate for Stillwater West includes significant nickel, copper, cobalt, palladium, platinum and gold resources, yet-to-be-quantified amounts of iridium, ruthenium and osmium, and the largest formal resources of rhodium and chromium in the U.S. The updated Mineral Resource Estimate, targeted for the first half of 2026, is expected to further define the scale of the Stillwater West system and support its advancement as a large-scale domestic source of ten minerals currently listed as critical in the United States."

Dr. Danie Grobler, Vice-President Exploration, commented "The 2025 rhodium results continue to support the scale and polymetallic nature of the Stillwater West system, with rhodium associated with broader platinum group element and nickel-copper sulphide mineralization across multiple resource areas. The Stillwater Igneous Complex remains unique in the United States as the country's only primary source of platinum group elements, and similarities to large polymetallic systems such as the Bushveld Igneous Complex continue to support the exploration model being applied at Stillwater West."

Table 1 – Highlight 2025 Drill Results from Chrome Mountain and Iron Mountain Deposit Areas

Notes: 1) Highlighted significant intercepts with grade-thickness values over 7 percent-meter recovered NiEq are presented above, except as noted. 2) Recovered Nickel Equivalents ("NiEq") are presented for comparative purposes using conservative long-term metal prices (all USD): $8.00/lb nickel (Ni), $4.50/lb copper (Cu), $15.00/lb cobalt (Co), $1,250/oz platinum (Pt), $1,250/oz palladium (Pd), $3,000/oz gold (Au), and $6,500/oz rhodium (Rh). 3) NiEq is determined as follows: NiEq% = [Ni% x recovery] + [Cu% x recovery x Cu price/ Ni price] + [Co% x recovery x Co price / Ni price] + [Pt g/t x recovery / 31.103 x Pt price / Ni price / 2,204 x 100] + [Pd g/t x recovery / 31.103 x Pd price / Ni price / 2,204 x 100] + [Au g/t x recovery / 31.103 x Au price / Ni price / 2,204 x 100]. 4) In the above calculations: 31.103 = grams per troy ounce, 2,204 = lbs per metric tonne, and 100 and 0.01 convert assay results reported in % and g/t. 5) The following recoveries have been assumed for purposes of the above equivalent calculations: 85% for Ni and 90% for all other listed metals, based on recoveries at similar nearby operations. 6) Total metal equivalent values include both base and precious metals. In terms of dollar value, 0.20% nickel equates to a copper value of 0.36%, or a palladium value of 0.88 g/t, using the above metal values. 7) Intervals are reported as drilled widths and are believed to be representative of the actual width of mineralization.

Table 2 – Drill Hole Location and Depths

Picket Pin Target

The Picket Pin horizon is a historically known high-grade reef-type PGE target situated above the J-M Reef in the upper stratigraphy of the Stillwater Igneous Complex. Work by Stillwater in 2019 returned rock samples up to 0.162 g/t Rh alongside 5.09 g/t 3E (Pt, Pd, and Au), confirming the presence of rhodium as a co-product in this pre-resource target area.

Pine Target

The Pine target is a high-grade gold, nickel and PGE target that the Company is advancing towards a formal resource estimate. A 2019 rock sample returned 0.541 g/t Rh and a 2022 trench sampling campaign returning an average of 9.0 g/t Au, 0.69 g/t Pd, and 0.69 g/t Pt, with historic drilling recording up to 31.02 g/t 3E (Pt, Pd and Au) over 2.6 m.

Critical Minerals at Stillwater West

Stillwater West benefits from being a large and polymetallic system that offers a balanced suite of base and precious metals, many of which are now listed as critical.

Rhodium has been identified by the U.S. Geological Survey as one of the highest-risk critical minerals in terms of potential economic impact from supply disruptions. The metal is produced solely as a co-product and has limited domestic supply in the United States.

Rhodium is a critical component in catalytic converters, used alongside platinum and palladium to reduce vehicle emissions. It is also increasingly recognized as strategically important to U.S. national security and the defense industrial base due to its role in high-performance, high-temperature, and corrosion-resistant applications.

In addition to rhodium, Stillwater West contains multiple other minerals considered strategically important to U.S. industrial, energy and defense supply chains, including nickel, copper, cobalt, chromium and platinum group metals. Chromium is of particular importance due to the United States' near-total reliance on imports and limited domestic production. Historic chromium production from the Stillwater Complex is well documented, and the district continues to host the majority of known domestic chromium resources.

Current mineral resources at Stillwater West include nickel, copper, cobalt, chromium, palladium, platinum, rhodium and gold, in addition to yet-to-be-quantified amounts of iridium and ruthenium (see news release January 25, 2023). The Company continues to engage with U.S. government agencies as it advances Stillwater West through ongoing technical and development studies.

Upcoming Events

Company representatives will be attending the following events to discuss upcoming catalysts:

  • Commodities Global Expo – Ft. Lauderdale, FL, USA, May 20-22, 2026.

  • The Evolving Climate and Energy Landscape in Greece – Athens, Greece, May 25-26, 2026.

  • Montana Mining Association Annual Meeting 2026 – Butte, MT, USA, July 13-15, 2026.

  • Precious Metals Summit – Beaver Creek, CO, USA, September 22-25, 2026.

    • Option Grant

    The Company is pleased to announce that, subject to the approval of the TSX Venture Exchange ("TSXV"), it has granted an aggregate of 2,715,000 options (each, an "Option") to certain directors and officers of the Company in accordance with the Company's Long-Term Performance Incentive Plan ("LTIP"). Each Option is exercisable to acquire one common share in the capital of the Company (each, a "Share") at an exercise price of $0.32 per Share, based on the five trading-day volume weighted average trading price of the Shares on the TSXV as of May 20, 2026. The Options are valid for a period of five years from the date of grant and vest over time in accordance with the terms of the LTIP. All options granted are subject to the policies of the TSXV and applicable hold periods.

    About Stillwater Critical Minerals Corp.

    Stillwater Critical Minerals (TSX.V: PGE | OTCQB: PGEZF | FSE: J0G) is a mineral exploration and development company advancing its 100%-owned Stillwater West Ni-PGE-Cu-Co-Cr + Au project in the Stillwater mining district of Montana, USA. Stillwater West is directly adjacent to Sibanye-Stillwater's operating Stillwater mines and processing infrastructure, the only primary platinum group element-producing complex in the United States. An NI 43-101 Mineral Resource Estimate released in January 2023 positions Stillwater West as one of the largest nickel and platinum group element resources in the United States and includes ten minerals currently listed as critical. With strategic investments by Glencore and an experienced technical team with expertise in Bushveld- and Platreef-style systems, the Company is advancing Stillwater West through ongoing resource expansion and technical studies. Stillwater also holds a 49% interest in the high-grade Drayton-Black Lake-gold project adjacent to Nexgold

    Mining's development-stage Goliath Gold Complex in northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory. The Company also holds the Duke Island Cu-Ni-PGE property in Alaska and maintains a back-in right on the high-grade past-producing Yankee-Dundee in BC, following its sale in 2013.

    FOR FURTHER INFORMATION, PLEASE CONTACT:Michael Rowley, President, CEO & Director – Stillwater Critical MineralsEmail: info@criticalminerals.com Phone: (604) 357 4790Web: http://criticalminerals.com Toll Free: (888) 432 0075

    Quality Control and Quality Assurance

    2025 drill core samples were analyzed by ACT Labs in Vancouver, B.C. Sample preparation: crush (< 7 kg) up to 80% passing 2 mm, riffle split (250 g) and pulverize (mild steel) to 95% passing 105 µm included cleaner sand. Gold, platinum, and palladium were analyzed by fire assay (1C-OES) with ICP finish. Selected major and trace elements were analyzed by peroxide fusion with 8-Peroxide ICP-OES finish to insure complete dissolution of resistate minerals. Following industry QA/QC standards, blanks, duplicate samples, and certified standards were also assayed.

    Mr. Mike Ostenson, P.Geo., is the qualified person for the purposes of National Instrument 43-101, and he has reviewed and approved the technical disclosure contained in this news release. Mr. Ostenson is a Geologist at Stillwater and is not independent of the Company.

    Forward-Looking Statements

    This news release includes certain statements that may be deemed "forward-looking statements" or "forward-looking information". In particular, this press release contains forward-looking information relating to, among other things, the interpretation of exploration results, the potential for resource expansion, the timing and results of future resource estimates (including the targeted H1 2026 updated MRE), the timing and success of exploration activities, permitting timelines, and future plans and objectives of the Company. All statements in this release, other than statements of historical facts, are forward-looking statements that involve various risks and uncertainties. Although Stillwater Critical Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. For more information on Stillwater Critical Minerals and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedarplus.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.

    SOURCE: Stillwater Critical Minerals Corp.

    View the original press release on ACCESS Newswire

    MELBOURNE, May 21 (Reuters) – Arafura Rare Earths said on Thursday it approved the development of its $1.6 billion Nolans project in Australia's Northern Territory, which ‌is set to be the country's third-biggest rare earths operation by the ‌end of the decade.

    Shares of the company rose as much as 13.6% to A$0.335 in their best ​intraday gain since March 11. The benchmark stock index was up 0.9%, as of 0215 GMT.

    Arafura secured financing commitments from the export credit agencies of the United States, Canada, Germany and South Korea, alongside global trading houses and manufacturers as Western countries step up ‌efforts to diversify away from ⁠dominant rare earths producer China.

    Arafura will supply South Korean automakers Hyundai and Kia, Germany's Siemens Gamesa RE, and commodity trader Traxys' Luxembourg ⁠and U.S. units.

    Construction on the project, which has been in the making since the deposit was discovered three decades ago, will begin in September, with first production expected from mid-2029.

    Arafura ​secured a $1.6 ​billion funding package including a significant buffer ​and is backed by Australia's richest ‌person, Gina Rinehart, whose Hancock Prospecting owns a 15.5% stake.

    The Nolans project is designed to deliver 4,440 metric tons of neodymium-praseodymium (NdPr) oxide annually, targeting markets outside China amid growing demand for rare earths used in electric vehicles and wind turbines.

    The size would make it Australia's third-biggest operation after Lynas Rare Earths, the world's largest producer outside ‌China, which produced 6,600 metric tons in the ​last financial year, and Iluka, which has 5,500 tons ​of NdPr capacity and is ​expected to start next year.

    Australia is pushing to be the top ‌supplier of rare earths to its allies, ​and Arafura is slated ​to supply 500 tons of NdPr to the country's strategic minerals reserve, which is set to be up and running by year-end.

    Arafura said engineering contractor ​Hatch has been engaged to ‌support development.

    The final investment decision came after a multi-year financing and offtake ​strategy.

    ($1 = 1.3988 Australian dollars)

    (Reporting by Rajasik Mukherjee and Melanie Burton in Melbourne; ​Editing by Subhranshu Sahu and Jamie Freed)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

    VANCOUVER, British Columbia, May 19, 2026 (GLOBE NEWSWIRE) — Apex Critical Metals Corp. (CSE: APXC) (OTCQX: APXCF) (FWB: KL9) (“Apex” or the “Company”), a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, announces that, further to its news release dated May 18, 2026, it has entered into an amended agreement with Canaccord Genuity Corp. to act as lead agent and sole bookrunner along with a syndicate of agents to be formed (the “Agents”) in connection with a “best efforts” private placement now upsized to up to 7,895,000 units of the Company (each, a “Unit”, and, collectively, the “Units”) at a price of C$1.90 per Unit (the “Offering Price”) for aggregate gross proceeds of up to C$15,000,500 (the “Offering”) under the Listed Issuer Financing Exemption (as defined below).

    Each Unit will consist of one common share of the Company (each, a “Common Share” and, collectively, the “Common Shares”) and one Common Share purchase warrant of the Company (each, a “Warrant” and, collectively, the “Warrants”). Each Warrant will be exercisable to acquire one Common Share (each, a “Warrant Share”, and, collectively, the “Warrant Shares”) at a price of C$2.60 per Warrant Share for a period of 24 months from the Closing Date (as defined below). The Warrants to be issued pursuant to the Offering will not be listed for trading on any stock exchange. The Offering is expected to close on or about June 2, 2026 (the “Closing Date”), or such other date as determined by the Company and the Agents, such date being no later than 45 days from the date hereof.

    Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), the Offering is being made to purchasers resident in all provinces and territories of Canada, except Québec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Listed Issuer Financing Exemption”). The Units to be offered under the Listed Issuer Financing Exemption will not be subject to a hold period in Canada in accordance with applicable Canadian securities laws.

    The Units will also be offered to investors outside of Canada pursuant to BC Instrument 72-503 – Distributions of Securities outside British Columbia, provided it is understood that no prospectus filing or comparable obligation arises in such other jurisdiction. Any sale of Units to persons in the United States will be made to “Accredited Investors” pursuant to Rule 506(b) of Regulation D (including “Qualified Institutional Buyers” as defined in Rule 144A who are also “Accredited Investors”) adopted by the United States Securities and Exchange Commission under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”).

    As consideration for their services in connection with the Offering, the Agents will receive a cash commission equal to 6% of the gross proceeds of the Offering and compensation warrants equal to 3% of the aggregate number of Units sold under the Offering (the “Compensation Warrants”), with each Compensation Warrant exercisable to purchase one Common Share at C$1.90 for a period of 24 months from the Closing Date. In each case, the consideration will be reduced to 3% in the case of President’s List investors.

    The gross proceeds of the Offering will be used to fund exploration of the Company’s Rift, CAP, and Lac Le Moyne Projects, and for general working capital purposes as further set out in the Offering Document (as defined below).

    The Agents will no longer be granted the over-allotment option announced on May 18, 2026. All other terms of the Offering, other than the upsize, remain unchanged.

    There is an amended and restated offering document (the “Offering Document”) related to the Offering that can be accessed under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at: www.apexcriticalmetals.com. Prospective investors should read this Offering Document before making an investment decision.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities offered have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    About Apex Critical Metals Corp. (CSE: APXC) (OTCQX: APXCF) (FWB: KL9)Apex Critical Metals Corp. is a Canadian exploration company focused on advancing rare earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada.

    With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy, and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and watch our videos at https://apexcriticalmetals.com/media/ and make sure to stay in touch by signing up for free news alerts at https://apexcriticalmetals.com/news/news-alerts/, or by following us on X (formerly Twitter), Facebook or LinkedIn.

    On Behalf of the Board of Directors

    APEX CRITICAL METALS CORP.,Sean CharlandChief Executive OfficerTel: 604.681.1568Email: info@apexcriticalmetals.com

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

    Cautionary Note Regarding Forward-Looking Statements

    This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements regarding the Company’s exploration and development plans with respect to its projects, statements regarding the Offering including, without limitation, statements regarding the size of the Offering, the completion or the expected Closing Date, the completion of all required regulatory filings, the use of gross proceeds, and the Company’s anticipated business and operational activities. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, delay or failure to receive regulatory approvals, investor demand, inability to complete the Offering, delay or failure to close the Offering, the inherently unpredictable nature of resource exploration, market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated.

    Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward- looking statements as expressly required by applicable law.

    VANCOUVER, B.C. – May 19, 2026 (NEWMEDIAWIRE) – Ares Strategic Mining Inc. (CSE: ARS) (OTCQX: ARSMF) (FRA: N8I1) is pleased to announce a strategic evolution of its Board of Directors as the Company advances toward its next phase of growth, operational maturity, and planned transition to a senior U.S. exchange.

    Company Appoints Senior Financial and International Business Executive Lorenzo Esteva to Board as ARES Advances Toward Greater Institutional and Commercial Expansion

    To support ARES' continued expansion and increasing engagement with U.S. institutional, commercial, and financial markets, the Company is pleased to announce the appointment of Lorenzo Esteva to the Board of Directors.

    Strengthening the Board for the Next Stage of Development

    Mr. Esteva brings more than 30 years of senior financial, restructuring, wealth management, corporate advisory, and international business experience across the United States and Latin America. His background includes senior leadership roles at:

    • UBS Financial Services

    • Merrill Lynch

    • Prospero International

    • Golden Ratio CS LLC

    Throughout his career, Mr. Esteva has specialized in:

    • Institutional and private capital markets

    • Corporate restructuring and operational optimization

    • International business expansion

    • Strategic partnerships and mergers

    • Ultra-high-net-worth client advisory

    • Cross-border finance and offshore operations

    James Walker, President and CEO of Ares Strategic Mining, commented: "As Ares continues to mature into a larger and more institutionally focused company, it is essential that our Board evolves alongside it. Lorenzo brings an exceptional combination of banking, corporate finance, restructuring, and international commercial expertise that will be invaluable as we continue scaling operations, expanding internationally, and preparing for the next level of public market participation."

    Positioning ARES for Institutional Growth

    The Board transition reflects Ares' evolution from a development-stage mining company into an emerging strategic materials supplier with:

    • Active mining operations

    • Expanding processing infrastructure

    • Major U.S. government contracts

    • Increasing international commercial opportunities

    • Planned uplisting initiatives

    Mr. Esteva's appointment is expected to strengthen the Company's:

    • Institutional market readiness

    • Banking and financial relationships

    • Commercial structuring capabilities

    • International business development efforts

    • Strategic growth planning

    "Ares is entering a transformative period," added Walker. "Our operational progress, strategic government relationships, and expanding market position require a board with deep commercial and financial expertise capable of supporting a company operating at a much larger scale."

    As part of this transition, Paul Sarjeant and Raul Sanabria have agreed to step down from the Board of Directors. The Company sincerely thanks both individuals for their commitment, guidance, and support during Ares' formative growth stages and its successful advancement toward becoming the only domestic fluorspar producer in the United States.

    About Lorenzo Esteva

    Mr. Esteva is a seasoned financial executive and strategic advisor with decades of experience in corporate finance, operational restructuring, capital solutions, and international business expansion. He graduated with honors from Tufts University in Boston, MA with degrees in Economics/Finance and Classical Studies. He has worked extensively with institutional investors, family offices, private equity groups, and multinational commercial operations throughout the Americas. His expertise spans:

    • Business development

    • Risk management

    • Capital structuring

    • Mergers and acquisitions

    • Financial optimization

    • Strategic operational growth

    About Ares Strategic Mining

    Ares Strategic Mining Inc. is a mining company focused on the development of its fluorspar projects in the U.S. The Company aims to become a significant supplier of high-grade fluorspar to North American markets, supporting industries vital to modern technology and infrastructure.

    Lost Sheep Fluorspar Project – Delta, Utah

    • 100% owned – 5,982 acres – 353 Claims

    • Located in the Spor Mountain area, Juab County, Utah, approximately 214 km south-west of Salt Lake City.

    • Fully Permitted – including mining permits.

    • NI 43-101 Technical Report identified extensive high-grade fluorspar with low levels of impurities.

    • Mining plan approved by BLM

    *First approved by Rex Rowley – Area Manager, Bureau of Land Management – 24th August 1992.

    **Renewed by Paul B. Baker – Minerals Program Manager, Bureau of Land Management – 12th December 2016.

    ON BEHALF OF THE BOARD OF DIRECTORS OF ARES STRATEGIC MINING INC.

    James Walker

    Chief Executive Officer and President

    For further information, please contact James Walker by email at info@aresmining.com

    DISCLOSURE AND FORWARD-LOOKING STATEMENTS:

    Companies typically rely on comprehensive feasibility reports on mineral reserve estimates to reduce the risks and uncertainties associated with a production decision. Historically, situations where the issuer decides to put a mineral project into production without first establishing mineral reserves supported by a technical report and completing a feasibility study have a higher risk of economic or technical failure, though some industrial mineral ventures are relatively sim statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the ple operations with low levels of investment and risk, where the operating entity has determined that a formal prefeasibility or feasibility study in conformance with NI 43-101 and 43-101 CP is not required for a production decision. Based on historical engineering work, geological reports, historical production data and current engineering work completed or in the process by Ares, the Company intends to move forward with the development of its Utah asset.

    Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other thanCompany's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

    Rock Tech Lithium (RCK.V) on Monday said the ore-sorting program for the Georgia Lake Lithium Project in northern Ontario is complete, providing a way to restart key Georgia Lake development.

    The ore-sorting program, funded by Ontario's Critical Minerals Innovation Fund (CMIF), and conducted with Queen's University and Stark Resources, a German company, evaluated UV laser-based sorting and sensor-based sorting for the pre-concentration of mineralized material from the project. Test work was also conducted on two sample sets.

    Early engineering work also identified a potential pathway to halve future crushing and concentrator capital cost, Rock Tech said. The reduction is expected to be driven by a combination of ore sorting and plant specification optimization.

    Georgia Lake project's 2022 pre-feasibility study (PFS) contemplated a 9-year mine life, production of 100,000 tonnes per year of 6% spodumene concentrate, and an indicated mineral resource of 10.6-million tonnes at 0.88% lithium oxide and an inferred mineral resource of 4.2 million-tonnes at 1.00% of lithium oxide.

    Against this PFS baseline, the CMIF-supported ore-sorting results indicate a potential pathway to further improve project economics in future technical studies. The observed 1.4x to 1.8x upgrade factor means that sorted material can carry materially higher lithium grade into downstream processing than the original feed stream, improving concentrator efficiency and potentially allowing lower-grade material to be considered in future mine planning scenarios, the company said.

    Rock Tech Lithium shares were last seen up $0.05 to $1.00 on the TSX Venture Exchange.

    Optical sorting test works, co-financed through Ontario Critical Minerals Innovation Fund, identifies a potential pathway to improve project efficiency and lower capital and operating costs

    Key program highlights include:

    • Ontario's Critical Minerals Processing Fund ("CMIF") helped demonstrate potential to unlock real value at the Georgia Lake Project.
    • Collaboration with Queen's University and STARK Resources demonstrated the effectiveness of government, industry, and research partnership.
    • Ore-sorting test work removed approximately 25 to 45 per cent of waste material before downstream processing. 1
    • The upgraded material stream improved ore quality by approximately 1.4x to 1.8×1.
    • Early engineering work identified a potential pathway to materially reduce future crushing and concentrator capital costs by up to 50 per cent1.
    • The Georgia Lake Project further supports Rock Tech's broader Ontario mine-to-converter strategy alongside the planned Red Rock Converter.

    1 

    Based on preliminary test work on representative Georgia Lake material and subject to further engineering, validation and integration into future technical studies.

    TORONTO, May 19, 2026 /CNW/ – Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce the successful completion of its Ontario Critical Minerals Innovation Fund supported ore-sorting program for the Georgia Lake Lithium Project ("the Project") in Northern Ontario. The Project is part of Rock Tech's broader Ontario mine-to-converter strategy and, alongside the planned Red Rock Converter, supports the development of a domestic, made-in-Canada sovereign defence and battery materials supply chain.

    Completed in partnership with Queen's University and STARK Resources, the ore sorting program evaluated UV Laser-based sorting from Optimum N.V. and X-ray Transmission ("XRT") sensor-based sorting from allmineral Aufbereitungstechnik GmbH & Co. KG for the pre-concentration of mineralized material from the Project (refer to Press Release – Rock Tech Lithium Receives $388,074 in Funding from Ontario's Critical Minerals Innovation Fund, dated June 23, 2025).

    Test work was conducted on two sample sets: selected drill core used to establish and calibrate sorting algorithms, and a blended surface-derived sample used for small-scale testing. Testing was completed under controlled conditions at both ore sorting test facilities using pilot-scale equipment.

    The program indicates a pathway to improve process efficiency and reduce future capital and operating costs, which, if successful, could strengthen the long-term competitiveness of the Project and support a more resilient Ontario critical minerals supply chain.

    The results provide a foundation to restart key Georgia Lake development activities, including drilling, additional cost-optimizing engineering, and workstreams that support a future Definitive Feasibility Study.

    "These results demonstrate how government, industry and research partnerships produce innovation that can directly strengthen the economics and competitiveness of strategically important critical minerals projects," said Mirco Wojnarowicz, CEO of Rock Tech. "Backed by the Ontario government's investment through the CMIF, our work positions Georgia Lake to be more resilient and competitive through lithium price cycles and supports Rock Tech's broader integrated lithium strategy in Northern Ontario, which can help bolster economic security and long-term defence readiness through the development of a made-in-Canada critical minerals supply chain."

    Government-Industry-Research Partnership Unlocks Ontario Critical Minerals Innovation

    With support from the Ontario government, through the Critical Minerals Innovation Fund, Rock Tech worked with Queen's University and STARK Resources, a Germany-based specialist in sensor-based ore sorting and mineral processing technology, to evaluate practical technologies that improve processing efficiency, reduce waste, strengthen the long-term competitiveness of the Project, and support Ontario's efforts to build a more resilient domestic critical minerals supply chain.

    "The Critical Minerals Processing Lab is proud to have collaborated with Rock Tech Lithium and Stark Resources on this important project, which advanced our understanding of lithium mineral processing characteristics and contributed to the advancement of the Georgia Lake project" said Charlotte Gibson, Assistant Professor & Associate Head for Robert M Buchan Department of Mining. "This innovative process development work was made possible through the support of the CMIF, whose investment is helping drive critical minerals processing innovation and strengthen Ontario's critical minerals value chain."

    Advancing the Next Phase of Development at the Georgia Lake Lithium Project

    The results arrive at an important moment for Ontario's critical minerals sector. While lithium markets have experienced near-term volatility, governments and industry across North America and Europe continue to move aggressively to secure regional battery and critical minerals supply chains.

    The Project was the subject of a 2022 Pre-Feasibility Study, which outlined a conventional mine and concentrator development concept based on a 1.0 million tonne per year concentrator. The 2022 PFS contemplated a 9-year mine life, targeted production of approximately 100,000 tonnes per year of 6% spodumene concentrate, and an Indicated Mineral Resource of approximately 10.6 million tonnes at 0.88 per cent Li₂O and an Inferred Mineral Resource of approximately 4.2 million tonnes at 1.00 per cent Li₂O.

    The PFS estimated a pre-tax NPV of USD$223 million, an after-tax NPV of USD$146 million, a pre-tax IRR of 47.8 per cent, and an after-tax IRR of 35.6%, based on an average life-of-mine SC6 price of USD$1,500 per tonne. The PFS also estimated pre-production capital costs of USD$192 million, life-of-project capital costs of USD$291 million, total life-of-project operating costs of USD$536 million, and AISC of USD$1,082 per tonne of concentrate (see Press Release – Rock Tech Lithium completes Pre-Feasibility Study for its Georgia Lake Project dated November 16, 2022).

    Against this PFS baseline, the CMIF-supported ore sorting results indicate a potential pathway to further improve project economics in future technical studies. The observed 1.4x to 1.8x upgrade factor means that sorted material can carry materially higher lithium grade into downstream processing than the original feed stream, improving concentrator efficiency and potentially allowing lower-grade material to be considered in future mine planning scenarios.

    Similarly, the potential to reduce crushing and concentrator plant capital costs by up to 50 per cent is expected to be driven by a combination of ore sorting and plant specification optimization, providing an opportunity to optimize overall plant design. If confirmed through further engineering and study work, this could materially improve the capital intensity and investment case for the next phase of Georgia Lake development.

    As part of this renewed focus, Rock Tech has begun preparations for a potential future drilling program and the next phase of technical studies, including workstreams that could support a Definitive Feasibility Study. These activities would be designed to support resource growth, improve geological confidence, and provide additional data for future mine planning and project development work.

    Supporting Rock Tech's Ontario Mine-to-Converter Strategy

    The successful completion of the CMIF-supported ore sorting program strengthens this strategy by indicating a potential pathway to improve the cost structure and development flexibility of the Project. By reducing the amount of waste material processed through the concentrator, ore sorting may support lower operating costs, improve processing efficiency, and provide greater optionality in future mine planning and throughput scenarios.

    "Georgia Lake remains foundational to Rock Tech's Ontario strategy," said Dirk Harbecke, Chairman of Rock Tech. "These results strengthen the project's long-term economics and profitability and reinforce the strategic importance of an integrated lithium supply chain in Ontario. As North America and Europe work to secure reliable sources of critical minerals, projects like Georgia Lake and the Red Rock Converter become increasingly important pieces of allied industrial infrastructure."

    Next Steps

    Building on the successful outcomes of the program, Rock Tech expects that a future value engineering phase would evaluate the combined impact of ore sorting integration, plant design optimization, and alternative execution strategies across the crushing plant, concentrator plant, and related infrastructure. The results of the CMIF-supported program are conceptual in nature and do not define final economic outcomes, mineral reserve estimates, or plant-scale design changes. Any potential impact on capital costs, operating costs, project economics, mineral reserves, or development plans will require further engineering, feasibility-level studies, and appropriate technical disclosure.

    Ontario Innovation Supporting a Stronger Critical Minerals Supply Chain

    "Ontario is building a made-in-Canada critical minerals supply chain that creates jobs, strengthens our economic security, and reduces our reliance on foreign adversaries," said Stephen Lecce, Minister of Energy and Mines. "Through the Critical Minerals Innovation Fund, our government is backing Ontario innovation that lowers costs, unlocks investment, and accelerates responsible mining development in the North. The success of this project shows how Ontario can lead the world in critical minerals, battery materials, and the technologies that will power the future."

    Qualified Persons

    The technical content of this press release has been reviewed and approved by Cameron Andrews, P.Eng., General Manager, Canada for Rock Tech Lithium, and Dian Heinrich Page, Pr. Sci. Nat., Principal Consultant – Geology for STARK Resources, an independent Qualified Person, each of whom is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Cameron Andrews, P.Eng. has reviewed and approved the portions of this news release relating to the 2022 Pre-Feasibility Study on Georgia Lake Project, Mr. Dian Heinrich Page, Pr. Sci. Nat., has reviewed and approved the portions relating to the CMIF ore sorting project and value engineering.

    The ore-sorting test work results described above are preliminary in nature and based on limited-scale testing. These results have not been incorporated into any current mineral resource or reserve estimate or pre-feasibility or feasibility study, and do not represent defined economic outcomes.

    Mineral resources disclosed in this news release that are not mineral reserves do not have demonstrated economic viability.

    On behalf of the ManagementMirco WojnarowiczCEO, Rock Tech Lithium Inc.

    ABOUT ROCK TECH LITHIUM

    Rock Tech is enabling the battery age by making the battery industries in Europe and North America more independent and competitive. The Company's goal is to ensure the supply of high-quality, locally produced lithium — supporting a resilient, sustainable, and transparent value chain from mine to battery-grade material.

    Rock Tech relies on responsible sourcing, state-of-the-art and proven technologies, and a clear focus on circular economy principles. The Company's lithium converter projects in Guben, Germany (24,000 tonnes LHM per year) and Ontario, Canada (up to 32,000 tonnes LCE per year) form the foundation for a stable and regional supply to the battery and automotive industries. The Guben converter has been recognized as a Strategic Project under the EU Critical Raw Materials Act.

    The raw materials for Rock Tech's converter projects are sourced exclusively from verifiably ESG-compliant suppliers. In Canada, Rock Tech relies, among other sources, on its wholly-owned Georgia Lake Project, which ensures a stable and sustainable supply for the North American market and is being developed in close partnership with local Indigenous communities. By integrating recycled materials, the company aims to close the local battery loop.

    With its facilities, Rock Tech makes a central contribution to battery-grade material sovereignty and the achievement of climate targets. The company works in partnership with industry, policymakers, and community groups, and is committed to open communication and the highest environmental standards.

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

    Certain statements contained in this news release constitute "forward-looking information" under applicable securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, which address events, results, outcomes or developments that the Company expects to occur are forward-looking statements. When used in this news release, words such as "expects", "anticipates", "plans", "predicts", "believes", "estimates", "intends", "targets", "projects", "forecasts", "may", "will", "should", "would", "could" or negative versions thereof and other similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking information relating to, among other things: the potential integration of ore-sorting technology into the Georgia Lake Lithium Project; the anticipated benefits of the ore-sorting program, including potential improvements in process efficiency, reduction of waste material, reductions in future capital and operating costs and the identified pathway to reductions of up to 50 per cent; the potential impact of ore-sorting on project design, plant configuration, throughput, and mine planning; the advancement of the Georgia Lake Lithium Project, including future drilling programs, engineering studies and other workstreams; the potential preparation and timing of a Definitive Feasibility Study; the Company's ability to improve project economics and capital intensity; and the Company's broader Ontario mine-to-converter strategy and related development plans.

    Forward‑looking information is based on management's reasonable assumptions, estimates, expectations and opinions as of the date of this news release. Such assumptions include, without limitation: that the results of the ore-sorting test work are representative of the Project's mineralization and can be replicated at scale; that ore-sorting technology can be successfully integrated into the Project's process flowsheet and plant design; that the preliminary test work results can be translated into engineering and design optimizations; that anticipated reductions in material throughput to downstream processing circuits will support reductions in plant size, equipment requirements and associated capital costs; that the Company will be able to undertake further engineering, metallurgical test work and drilling activities as planned; that required regulatory, environmental and other approvals will be obtained in a timely manner; that contractors, suppliers and equipment will be available on reasonable terms; and that market conditions, including lithium prices and demand for battery materials, will remain supportive of project development.

    Forward-looking information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such statements, including but not limited to, the risk that ore-sorting test work results may not be representative of full-scale operations or may not be replicated in future studies; uncertainties relating to the scalability and integration of ore-sorting technology into the Project; the risk that further engineering or technical studies do not confirm the anticipated reductions in capital or operating costs; the risk that the identified pathway to capital cost reductions, including potential reductions of up to 50 per cent, may not be realized; risks associated with changes in project scope, design or assumptions; uncertainties relating to mineral resource estimates and geological continuity; risks relating to further drilling and exploration activities; permitting, regulatory and environmental risks; risks related to availability of financing, cost inflation, supply chain constraints and contractor performance; fluctuations in lithium prices and market demand; and general economic, market and business conditions. 

    Additional risk factors are discussed in the Company's public disclosure documents available under its profile on SEDAR+. Except as may be required by law, Rock Tech undertakes no obligation and expressly disclaims any responsibility to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

    View original content to download multimedia:https://www.prnewswire.com/news-releases/rock-tech-advances-georgia-lake-lithium-project-identifies-potential-pathway-to-reduce-processing-capex-by-up-to-50-per-cent-302776268.html

    View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2026/19/c7585.html

    The Australian stock market is facing a challenging environment, with futures suggesting further declines and global economic pressures contributing to investor caution. Despite these headwinds, the search for promising small-cap opportunities continues, as investors look for companies with strong fundamentals and growth potential that can weather market volatility.

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    Regal Partners

    Simply Wall St Value Rating: ★★★★★★

    Overview: Regal Partners Limited is a privately owned hedge fund sponsor with a market cap of A$889.93 million.

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    Regal Partners, a nimble player in the investment management space, has shown impressive growth with earnings surging 97% over the past year, far outpacing the industry average of 14%. With no debt on its books and a price-to-earnings ratio of 6.8x—well below the Australian market’s 17.2x—it presents an attractive valuation. Recent leadership changes, including appointing Peter Yates as Chair-Elect, signal strategic shifts to bolster governance and innovation. Despite facing competition from passive strategies and regulatory challenges, Regal’s expansion into alternative assets positions it well for future revenue growth amid rising demand for sophisticated investment solutions.

    ASX:RPL Earnings and Revenue Growth as at May 2026Servcorp

    Simply Wall St Value Rating: ★★★★☆☆

    Overview: Servcorp Limited offers executive serviced and virtual offices, coworking spaces, and a range of IT, communications, and secretarial services across various regions including Australia, New Zealand, Southeast Asia, the United States, Europe, the Middle East, North Asia, and internationally with a market cap of A$608.87 million.

    Operations: Revenue for Servcorp Limited primarily comes from real estate rental, amounting to A$367.86 million. The company’s financial performance is influenced by its net profit margin trends over time.

    Servcorp, a nimble player in the flexible workspace sector, is leveraging its global expansion and cutting-edge IT infrastructure to enhance client retention and command premium pricing. Financially disciplined, it has maintained debt-free status over the past five years while achieving an impressive 27.3% annual earnings growth. Despite facing high operational costs and competitive pressures, Servcorp trades at a compelling value—34% below estimated fair value—with projected revenue growth of 5.9% annually over three years and profit margins expected to climb from 15.7% to 20.2%. Currently priced at A$6.51, analysts see potential upside with a target of A$10.69 per share.

    ASX:SRV Debt to Equity as at May 2026Vysarn

    Simply Wall St Value Rating: ★★★★★★

    Overview: Vysarn Limited offers water services to sectors such as resources, urban development, government, and utilities in Australia with a market cap of A$408.77 million.

    Operations: Vysarn Limited generates revenue primarily from its Industrial and Advisory segments, contributing A$72.44 million and A$30.46 million, respectively.

    Vysarn, a promising player in the Australian market, showcased impressive performance with earnings growth of 93.7% over the past year, outpacing the Metals and Mining industry’s 59.9%. Its debt-to-equity ratio plummeted from 34.8% to a mere 0.2% over five years, indicating solid financial management. Despite significant insider selling recently, Vysarn’s earnings quality remains high and its interest coverage is sound as it earns more than it pays on interest obligations. For the half-year ending December 2025, sales surged to A$66.81 million from A$41.02 million previously, while net income climbed to A$7.25 million from A$3.56 million year-on-year.

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    Curious About Other Options?

    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.

    Companies discussed in this article include ASX:RPL ASX:SRV and ASX:VYS.

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

    VANCOUVER, British Columbia, May 18, 2026 (GLOBE NEWSWIRE) — Apex Critical Metals Corp. (CSE: APXC) (OTCQX: APXCF) (FWB: KL9) (“Apex” or the “Company”), a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, announces that it has entered into an agreement with Canaccord Genuity Corp. to act as lead agent and sole bookrunner along with a syndicate of agents to be formed (the “Agents”) in connection with a “best efforts” private placement of up to 5,264,000 units of the Company (each, a “Unit”, and, collectively, the “Units”) at a price of C$1.90 per Unit (the “Offering Price”) for aggregate gross proceeds of up to C$10,001,600 (the “Offering”) under the Listed Issuer Financing Exemption (as defined below).

    Each Unit will consist of one common share of the Company (each, a “Common Share” and, collectively, the “Common Shares”) and one Common Share purchase warrant of the Company (each, a “Warrant” and, collectively, the “Warrants”). Each Warrant will be exercisable to acquire one Common Share (each, a “Warrant Share”, and, collectively, the “Warrant Shares”) at a price of C$2.60 per Warrant Share for a period of 24 months from the Closing Date (as defined below). The Warrants to be issued pursuant to the Offering will not be listed for trading on any stock exchange. The Offering is expected to close on or about June 2, 2026 (the “Closing Date”), or such other date as determined by the Company and the Agents, such date being no later than 45 days from the date hereof.

    The Company will grant the Agents an option (the “Agents’ Option”) to sell up to 789,600 additional Units at the Offering Price for additional gross proceeds of up to $1,500,240. The Agents’ Option shall be exercisable at any time up to 48 hours prior to the Closing Date.

    Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), the Offering is being made to purchasers resident in all provinces and territories of Canada, except Québec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Listed Issuer Financing Exemption”). The Units to be offered under the Listed Issuer Financing Exemption will not be subject to a hold period in Canada in accordance with applicable Canadian securities laws.

    The Units will also be offered to investors outside of Canada pursuant to BC Instrument 72-503 – Distributions of Securities outside British Columbia, provided it is understood that no prospectus filing or comparable obligation arises in such other jurisdiction. Any sale of Units to persons in the United States will be made to “Accredited Investors” pursuant to Rule 506(b) of Regulation D (including “Qualified Institutional Buyers” as defined in Rule 144A who are also “Accredited Investors”) adopted by the United States Securities and Exchange Commission under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”).

    As consideration for their services in connection with the Offering, the Agents will receive a cash commission equal to 6% of the gross proceeds of the Offering and compensation warrants equal to 3% of the aggregate number of Units sold under the Offering (the “Compensation Warrants”), with each Compensation Warrant exercisable to purchase one Common Share at C$1.90 for a period of 24 months from the Closing Date. In each case, the consideration will be reduced to 3% in the case of President’s List investors.

    The gross proceeds of the Offering will be used to fund exploration of the Company’s Rift Project, the CAP Project, and the Lac Le Moyne Project, and for general working capital purposes as further set out in the Offering Document (as defined below).

    There is an offering document (the “Offering Document”) related to the Offering that can be accessed under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at: www.apexcriticalmetals.com. Prospective investors should read this Offering Document before making an investment decision.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities offered have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    About Apex Critical Metals Corp. (CSE: APXC) (OTCQX: APXCF) (FWB: KL9)Apex Critical Metals Corp. is a Canadian exploration company focused on advancing rare earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada.

    With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy, and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com  and watch our videos at https://apexcriticalmetals.com/media/ and make sure to stay in touch by signing up for free news alerts at https://apexcriticalmetals.com/news/news-alerts/, or by following us on X (formerly Twitter), Facebook or LinkedIn.

    On Behalf of the Board of Directors

    APEX CRITICAL METALS CORP.,

    Sean Charland

    Chief Executive Officer

    Tel: 604.681.1568

    Email: info@apexcriticalmetals.com

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

    Cautionary Note Regarding Forward-Looking Statements

    This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements regarding the Company’s exploration and development plans with respect to its projects, statements regarding the Offering including, without limitation, statements regarding the completion or the expected Closing Date, the completion of all required regulatory filings, the use of gross proceeds, and the Company’s anticipated business and operational activities. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, delay or failure to receive regulatory approvals, investor demand, inability to complete the Offering, delay or failure to close the Offering, the inherently unpredictable nature of resource exploration, market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated.

    Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward- looking statements as expressly required by applicable law.

    Highlights:

    • RIFT26-005A, a ~180 m western step-out from RIFT26-003 (80.0 m at 2.29% REO, including 23.7 m at 4.02% REO – See News Release Dated April 28, 2026) expanding the upper high-grade REO horizon (herein termed "Trinity Zone")

      • 137.2 m at 2.01% REO(1) from 252.6 m depth

        • Including 80.0 m at 2.51%, or 23.1 m at 3.47%, or 11.0 m at 4.39% REO

      • Numerous samples within the 137.2 m interval grading >4.00% REO, to a maximum of 6.59% REO m (See Image 1)

    • RIFT26-006

      • 43.8 m of 2.75% REO including 34.1 m of 3.05% REO within a broader mineralized envelope (210.0 m at 1.33% REO)

    • Trinity Zone is interpreted to dip shallowly to the west and remains strongly associated with hematite alteration observed within the carbonatite

    • Trinity Zone is now defined over an approximate 300 m strike length and ~180 m down-dip. Successive step-out drillholes continue to demonstrate strong continuity of high-grade REO mineralization, with RIFT26-005A returning the strongest width x grade intercept of the 2026 program to date.

      • The high-grade Trinity Zone remains open in all directions.

    Sean Charland, CEO of Apex Critical Metals, commented: "The results from these three step-out drillholes, including our best grade x width results to-date, continues to demonstrate the extension and expansion potential of the upper high-grade REO horizon (Trinity Zone). The growing mineralized footprint and consistency observed from assay results to-date increases confidence in the shallow west-dipping Trinity Zone and future targeting, with mineralization remaining open in all directions. With a significant volume of assays still pending and two rigs still actively turning, we are well positioned to delineate mineralization well beyond the early successes from our 2026 drill campaign."

    VANCOUVER, BC / ACCESS Newswire / May 15, 2026 / Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9) ("Apex" or the "Company"), a mineral exploration company focused on advancing its strategic 100%-controlled Rift Rare Earth Project within the Elk Creek Carbonatite Complex in southeastern Nebraska, U.S.A., is pleased to report the assay results from drillholes RIFT26-004, RIFT26-005A and partial results from RIFT26-006 (162.2 to 500.8 m).

    Key Observations and Takeaways

    Assay results from RIFT26-004, RIFT26-005A and RIFT26-006 confirm continuity of the upper high-grade REO horizon at depth, herein termed the Trinity Zone. The Trinity Zone is now interpreted to dip shallowly to the west and remains strongly associated with hematite alteration within the host carbonatite, consistent with observations across all previously reported drillholes (See News Releases Dated April 7, 2026 and April 28, 2026).

    RIFT26-005A was designed as an approximately 180 m western step-out of RIFT26-003, which returned 80.0 m at 2.29% REO including 23.7 m at 4.02% REO in the Trinity Zone See News Release Dated April 28, 2026). Drillhole RIFT26-005A successfully intersected the Trinity Zone at depth returning an even broader interval at >2% REO (137.2 m at 2.01% REO from 252.6 m depth), including 23.1 m at 3.47% REO from 290.5 m or 11.8 m at 4.23% REO from 301.7 m (see Table 2 and Figure 2).

    RIFT26-004 and RIFT26-006 were drilled from the same drill pad at different orientations, targeting the western extension of the Trinity Zone previously intersected in RIFT26-001A (45.0 m at 2.07% REO, including 24.9 m at 2.40% REO (See News Release Dated April 28, 2026) and historical drillhole NEC11-004 (See News Release Dated October 1, 2025). RIFT26-006 intersected a broad, continuous interval of 210.0 m at 1.33% REO from 191.8 m depth, with two distinct higher-grade zones of 43.2 m at 1.61% REO and 43.8 m at 2.75% REO including34.1 m at 3.05% REO (Table 2). RIFT26-004 intersected the Trinity Zone over two discrete intervals: 15.6 m at 2.10% REO from 216.5 m, and a second interval of 18.8 m at 2.01% REO from 320.6 m depth (Table 2).

    Results from these three drillholes, together with historical and previously reported results from RIFT26-002 (81.6 m at 2.02% REO including 50.9 m at 2.40% REO – See News Release Dated April 7, 2026), RIFT26-001A and RIFT26-003, demonstrate that the Trinity Zone maintains grade and continuity over an approximate 300 m strike length within the greater 700 m mineralized corridor. Coupled with the elevated NdPr(2) distributions previously reported from the underlying Neo Zone (See News Release Dated May 6, 2026), these results reinforce the potential for a significant multi-horizon rare earth mineralized system at the Rift Project.

    Figure 1. 2026 Phase I drill plan at the Rift Project showing the location and assay results of drillhole RIFT26-004, RIFT26-005A and partial assay results for RIFT26-006 (reported herein), along with active and completed drillholes, selected planned drillholes, and historical drillhole locations.

    Figure 2. RIFT26-005A & RIFT26-003 assay results at the Rift Project highlighting the Trinity Zone

    Table 1: Drillhole Location and Attritbutes

    Hole ID

    Depth (m)

    Azimuth(b) (°)

    Dip(b) (°)

    Easting (a)

    Northing (a)

    Elevation

    RIFT26-004

    710.16

    80

    -60

    741888

    4460786.8

    332.22

    RIFT26-005A

    806.23

    80

    -60

    741877

    4460557.9

    333.14

    RIFT26-006

    870

    80

    -70

    741888

    4460786.8

    332.22

    (a)Coordinates are presented in NAD83 UTMZ14 (b) Azimuth and Dip are planned and may vary downhole

    Table 2: RIFT26-004, RIFT26-005A and RIFT26-006 (partial) Assay Summary

    (a) All reported intervals are downhole core lengths, and do not represent true widths, which remain unknown until further confirmation assay results are received and interpreted.

    Image 1. RIFT26-005A interval of 3.25 m from 309.5 m to 312.75 m (red box) averaging 4.61% REO, including samples RIFT005A-207 (4.46% REO over 0.98 m), RIFT005A-208 (6.59% REO over 0.52 m), RIFT005A-209 (3.26% REO over 0.96 m) and RIFT005A-211 (5.12% REO over 0.79 m)

    Program Status and Next Steps

    The Company has completed additional drillholes designed to further test the extent of mineralization along strike and at depth with assay results pending. Ongoing refinement of the 3D geological model, including integration of assay results as received, will support improved understanding of the mineralized system and help prioritize future drill targeting. The 2026 drill program remains ongoing, with a total of fifteen (15) drillholes completed to date for approximately 11,000 m, with assays currently pending for nine (9) drillholes.

    Quality Assurance / Quality Control

    All drilling was completed using one truck and one track mounted diamond drill rigs with HQ size core and all drill core samples have been or will be shipped to Activation Laboratories Ltd. (Actlabs) preparation facility in Ancaster, Ontario, for standard sample preparation (code RX1) which includes drying, crush (< 7 kg) up to 80% passing 2 mm, riffle split (250 g) and pulverize (mild steel) to 95% passing 105 µm. The samples were subsequently analyzed using Code 8 by XRF Nb₂O₅, ZrO2 and Ta2O5 (0.003%), Code 8 – REE Assay (lithium metaborate/tetraborate fusion with subsequent analysis by ICP and ICP/MS). Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box onsite.

    A Quality Assurance/Quality Control protocol was incorporated into the program and included the insertion of certified reference material and silica blanks at a rate of approximately 5% and 5%, respectively. Additional analysis of pulp-split and reject-split sample duplicates was also completed at a rate of approximately 5% and 2.5%, respectively, to assess analytical precision at different stages. Actlabs Canada is independent of the Company.

    Management cautions that the interception of carbonatite and associated hematite alteration is not necessarily indicative of mineralization. Assay results are required to confirm the presence, grade, and significance of any mineralization.All intercepts reported in this news release represent core length (apparent width). True widths have not yet been determined.

    (1) REO (Rare Earth Oxide) is defined as the sum of Ce2O3, La2O3, Pr2O3, Nd2O3, Eu2O3, Sm2O3, Gd2O3, Tb2O3, Dy2O3, Ho2O3, Er2O3, Tm2O3, Yb2O3, Lu2O3, and Y2O3.

    (2) NdPr distribution calculated as (Nd2O3 + Pr2O3) / REO x 100

    Qualified Person

    The technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo., a Qualified Person under NI 43-101 on standards of disclosure for mineral projects. Mr. Schmidt is a Geologist with Dahrouge Geological Consulting Ltd., the consulting firm engaged by Apex Critical Metals Corp. to conduct and oversee all of the Company's exploration work, including the 2026 drill program.

    Mr. Schmidt has verified all scientific and technical data disclosed in this news release including the sampling and QA/QC results, and certified analytical data underlying the technical information disclosed. Mr. Schmidt noted no errors or omissions during the data verification process. The Company and Mr. Schmidt do not recognize any factors of sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed in this news release.

    About Apex Critical Metals Corp. (CSE:APXC) (OTCQX:APXCF) (FWB:KL9)

    Apex Critical Metals Corp. is a Canadian exploration company focused on advancing rare earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada. The Company's flagship Rift Project, located within the highly prospective Elk Creek Carbonatite Complex in Nebraska, U.S.A., hosts extensive rare earth rights surrounding one of North America's most advanced niobium-REE deposits. Historical drilling across the complex has reported broad intervals of high-grade REE mineralization, including intercepts such as 155.5 m of 2.70% REO and 68.2 m of 3.32% REO. Phase I step out drill holes at Rift have expanded the footprint of the high-grade mineralization over approximately 275.0 m from the historical drill holes with 23.7 m of 4.02% REO and multiple broad intervals of >2.00% REO. Additionally, Phase I drilling has delineated a new zone of strongly elevated NdPr beneath the high-grade material that extends for approximately 390 m with 13.5 m of 1.08% REO at 31.7 % NdPr and 10.9m of 0.99% REO and 30.1 % NdPr within a broader zone of 22.7 m of 0.79% REO at 32.8% NdPr.

    In Canada, Apex continues to advance its 100%-owned Cap Project, located 85 kilometres northeast of Prince George, British Columbia. The 2025 drill program confirmed a significant niobium discovery with 0.59% Nb₂O₅ over 36 metres, including 1.08% Nb₂O₅ over 10 metres, within a 1.8-kilometre-long niobium trend. The Cap Project continues to demonstrate strong potential for niobium mineralization within a large and previously unrecognized carbonatite system.

    With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy, and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and watch our videos at https://apexcriticalmetals.com/apex-critical-metals-corporate-video/ and make sure to stay in touch by signing up for free news alerts at https://apexcriticalmetals.com/news/news-alerts/, or by following us on X (formerly Twitter), Facebook or LinkedIn.

    On Behalf of the Board of Directors

    APEX CRITICAL METALS CORP.,

    Sean CharlandChief Executive OfficerTel: 604.681.1568Email: info@apexcriticalmetals.comNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

    This news release may contain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include (without limitation) statements regarding the Company's planned Phase I drill program and any subsequent drill programs and statements regarding the Company's US-based prospective assets (more particularly described above), including the potential for additional acquisitions and the potential for exploration, and statements regarding the potential for future exploration and drilling to confirm the source of magnetic anomalies. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Risks that could change or prevent these events, activities or developments from coming to fruition include: the Company's properties are at an early stage of development and no current mineral resources or reserves have been identified by the Company thereof, that we may not be able to fully finance any additional exploration on the Company's properties; that even if we are able to raise capital, costs for exploration activities may increase such that we may not have sufficient funds to pay for such exploration or processing activities; the timing and content of any future work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from our properties may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for REE and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements herein are made as of the date hereof, and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    SOURCE: Apex Critical Metals Corp.

    View the original press release on ACCESS Newswire

    VANCOUVER, BC, May 14, 2026 /CNW/ – Eastern Platinum Limited (TSX: ELR)(JSE: EPS) ("Eastplats" or the "Company") is pleased to report that it has filed its condensed interim consolidated financial statements for the three months ended March 31, 2026 and the corresponding management's discussion and analysis ("MD&A"). Below is a summary of the Company's financial results for the first quarter of 2026 ("Q1 2026") in comparison to the same respective period in 2025 ("Q1 2025") (all amounts in USD unless specified):

    • Revenue for Q1 2026 decreased to $13.8 million (Q1 2025 – $14.8 million), representing a $1.0 million or -6.8% decrease.
    • Mine operating income increased by $5.4 million to $0.7 million in Q1 2026 (Q1 2025 – mine operating loss of $4.7 million) while gross margin increased from -31.6% in Q1 2025 to 4.8% in Q1 2026. The improvement was mainly due to an increase in platinum-group-metal ("PGM") sales and the completion of shifting processing feed from the tailings storage facility ("TSF") in Q1 2025 to run-of-mine ("ROM") UG2 ore from the Zandfontein underground section of the Crocodile River Mine ("CRM") in the first half of 2025.
    • Operating loss was $3.0 million in Q1 2026 compared to $8.1 million in Q1 2025, primarily due to lower production costs incurred during the period.
    • Net loss attributable to equity shareholders was $4.1 million ($0.02 loss per share) in Q1 2026 versus net loss attributable to equity shareholders of $6.9 million ($0.03 loss per share) in Q1 2025. The decrease in net loss was largely attributable due to the decrease in overall production costs incurred at the CRM.
    • The Company had a working capital deficit (current assets less current liabilities) of $58.4 million as at March 31, 2026 (December 31, 2025 – working capital deficit of $56.9 million) and short-term cash resources of $73,000 (consisting of cash and cash equivalents) (December 31, 2025 – $177,000).

    Wanjin Yang, Chief Executive Officer and President of Eastplats commented, "We had a challenging first quarter as monthly run-of-mine processing tonnages at the Crocodile River Mine were lower than targeted. That said, we are encouraged by the positive mine operating income and continue to focus on operational efficiencies to improve PGM and chrome production."

    Operations

    The Company derived revenue from the processing of PGM and chrome concentrates at the CRM. Eastplats' majority of revenue (81% for Q1 2026; 28% in Q1 2025) is from PGM concentrate sales to Impala Platinum Limited under related offtake agreements. This is in line with the Company's expectations as it continues to ramp up production at the CRM.

    The Company started processing ROM UG2 ore from the Zandfontein underground section at the CRM during the third quarter of 2024, at higher grades of chrome and PGM recovery, respectively.

    Summary of chrome production from underground operations for the three months ended March 31, 2026 and 2025:

    Q1 2026

    Q1 2025

    Total ROM Feed (tons)

    55,638

    44,947

    Average grade Cr concentrate

    40.62 %

    40.63 %

    Tons of Cr concentrate

    16,757

    9,761

    Summary of PGM production for the three months ended March 31, 2026 and 2025:

    Q1 2026

    Q1 2025

    Average 6E grade (grams per ton)*

    145

    147

    Tons of PGM concentrate

    1,016

    671

    PGM ounces produced (6E)*

    4,751

    3,175

    *PGM 6E grades and ounces are estimates until final exchanges and umpire results have been concluded, which can take up to three months.

    The retreatment project at the CRM ceased operations as of March 17, 2025, as the original CRM tailings from the TSF were fully processed. Summary of chrome production from the Retreatment Project at the CRM for the three months ended March 31, 2026 and 2025:

    Q1 2026

    Q1 2025

    Total Tailings Feed (tons)

    –

    109,919

    Average grade Cr concentrate

    –

    36.54 %

    Tons of Cr concentrate

    –

    14,690

    The Company has filed the following documents, under the Company's profile on SEDAR+ at www.sedarplus.ca:

    • Condensed interim consolidated financial statements for the three months ended March 31, 2026; and
    • Management's discussion and analysis for the three months ended March 31, 2026.

    The condensed interim consolidated financial statements for the three months ended March 31, 2026 are available for download at https://www.eastplats.com/investors/quarterly-reports/F2026/ and are also available on the JSE's website at:

    https://senspdf.jse.co.za/documents/2026/JSE/ISSE/EPS/Q126.pdf.

    The Company has a primary listing on the Toronto Stock Exchange and a secondary listing on the JSE Limited.

    About Eastern Platinum Limited

    Eastplats owns directly and indirectly a number of PGM and chrome assets in the Republic of South Africa. All of the Company's properties are situated on the western limb (Crocodile River Mine) and eastern limb (Kennedy's Vale, Spitzkop, Mareesburg) of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's PGM-bearing ore.

    Operations at the Crocodile River Mine currently include mining and processing ore from the Zandfontein underground section to both produce PGM and chrome concentrates, respectively.

    Cautionary Statement Regarding Forward-Looking Information

    This news release contains "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "will," "plan," "intends," "may," "could," "expects," "anticipates" and similar expressions. Further disclosure of the risks and uncertainties facing the Company and other forward-looking statements are discussed in the Company's most recent Annual Information Form available under the Company's profile on www.sedarplus.ca.

    In particular, this press release contains, without limitation, forward-looking statements pertaining to: improvement of PGM and chrome production results. These forward-looking statements are based on assumptions made by and information currently available to the Company. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties and readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results to differ materially from the beliefs, plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, unanticipated problems that may arise in the Company's production processes, commodity prices, lower than expected grades and quantities of resources, need for additional funding and availability of such additional funding on acceptable terms, economic conditions, currency fluctuations, competition and regulations, legal proceedings and risks related to operations in foreign countries.

    All forward-looking statements in this news release are expressly qualified in their entirety by this cautionary statement, the "Cautionary Statement on Forward-Looking Information" section contained in the Company's most recent Management's Discussion and Analysis available under the Company's profile on www.sedarplus.ca. The forward-looking statements in this news release are made as of the date they are given and, except as required by applicable securities laws, the Company disclaims any intention or obligation, and does not undertake, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

    View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2026/14/c7157.html

    The Australian share market has been experiencing a challenging period, with recent budget announcements and global economic concerns, such as rising U.S. inflation and fluctuating oil prices, impacting investor sentiment. In this environment, identifying promising small-cap stocks can be crucial for portfolio enhancement, as these undiscovered gems often possess growth potential that aligns well with the dynamic market landscape.

    Top 10 Undiscovered Gems With Strong Fundamentals In Australia

    Name Debt To Equity Revenue Growth Earnings Growth Health Rating
    Fiducian Group NA 9.85% 10.78% ★★★★★★
    Joyce NA 7.70% 7.34% ★★★★★★
    Bailador Technology Investments NA -6.04% -6.00% ★★★★★★
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    Click here to see the full list of 61 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

    Let’s uncover some gems from our specialized screener.

    Kina Securities

    Simply Wall St Value Rating: ★★★★☆☆

    Overview: Kina Securities Limited operates as a provider of commercial banking, financial services, fund administration, investment management, and share brokerage in Papua New Guinea with a market capitalization of A$382.63 million.

    Operations: Kina Securities generates revenue primarily through commercial banking and financial services, as well as fund administration, investment management, and share brokerage. The company’s market capitalization stands at A$382.63 million.

    Kina Securities, a dynamic player in the financial sector, has shown robust performance with earnings growing 14% over the past year. It boasts total assets of PGK5.5 billion and equity of PGK717.9 million, supported by deposits totaling PGK4.6 billion against loans of PGK3.3 billion. The bank’s allowance for bad loans stands at a low 30%, though it faces high non-performing loans at 8.7%. Recent leadership changes aim to bolster its governance and financial strategy as it navigates market challenges and opportunities, underscoring its commitment to strategic growth and strong capital management practices in an evolving landscape.

    ASX:KSL Earnings and Revenue Growth as at May 2026Mayfield Group Holdings

    Simply Wall St Value Rating: ★★★★★★

    Overview: Mayfield Group Holdings Limited, with a market cap of A$349.76 million, operates in Australia offering electrical and telecommunications infrastructure products and services through its subsidiaries.

    Operations: Mayfield generates revenue of A$145.64 million from its electrical and telecommunications infrastructure segment. The company’s net profit margin stands at 7.5%.

    Mayfield Group Holdings, a dynamic player in the electrical industry, has seen its earnings surge by 115.8% over the past year, outpacing the industry’s 11.8% growth rate. This impressive performance is bolstered by a significant reduction in its debt-to-equity ratio from 5.5 to just 0.03 over five years, reflecting prudent financial management and more cash than total debt on hand. Recent strategic moves include Mayfield’s addition to both the S&P/ASX All Ordinaries and Emerging Companies Indexes, alongside key leadership appointments like Andrew Naffin as COO to drive operational excellence and strategic transformation across its operations.

    ASX:MYG Debt to Equity as at May 2026United Overseas Australia

    Simply Wall St Value Rating: ★★★★★★

    Overview: United Overseas Australia Ltd, along with its subsidiaries, is involved in property investment and development across Malaysia, Singapore, Vietnam, and Australia, with a market cap of A$1.21 billion.

    Operations: The company generates revenue primarily through property investment and development activities in Malaysia, Singapore, Vietnam, and Australia. It has a market capitalization of A$1.21 billion.

    United Overseas Australia, a small-cap player, has shown impressive growth with earnings jumping 60.4% over the past year, outpacing the Real Estate industry’s 40%. The company’s debt to equity ratio improved from 10.9% to 8.4% in five years, reflecting prudent financial management. A notable one-off gain of A$70.4 million impacted recent results, highlighting potential volatility in earnings quality. Trading at nearly 39% below estimated fair value suggests an attractive valuation for investors seeking opportunities in underappreciated stocks. Recent executive changes and a dividend declaration of A$0.02 per share further underscore its dynamic strategic direction and shareholder commitment.

    ASX:UOS Debt to Equity as at May 2026Key Takeaways

    Looking For Alternative Opportunities?

    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.

    Companies discussed in this article include ASX:KSL ASX:MYG and ASX:UOS.

    Solitario Resources Corp. (NYSE American:XPL and SLR.TO) announced Wednesday the purchase and sale of 305,195 shares in company common stock, at a price of $0.77 per share for total gross proceeds of US$235,000.

    A statement noted the Sale was made under the terms of the Amended and Restated Investor Rights Agreement dated June 11, 2025 between Solitario and a wholly owned subsidiary of Newmont Corporation. It noted Newmont chose to exercise a right to acquire the shares as permitted by the IRA at the average price of shares sold through Solitario's at-the-market program sales from Nov. 13, 2025, through April 6, 2026.

    Upon the issuance of the shares, Newmont will hold 8,759,162 shares of Solitario common stock or approximately 9.4% of the outstanding shares, maintaining Newmont's interest prior to the current period's at-the-money program, the statement said.

    Chris Herald, President and CEO of Solitario, said: "We are delighted that Newmont elected to exercise its right to maintain its ownership stake in Solitario and its equity ownership in Solitario."

    Shares in SLR edged up $0.01 to $1.19 on the TSX yesterday. It was at last look down 1.9% in US premarket, having risen 2.3% in regular trade there yesterday.

    DENVER, CO / ACCESS Newswire / May 13, 2026 / Solitario Resources Corp. ("Solitario" or the "Company") (NYSE American:XPL)( TSX:SLR) is pleased to announce the purchase and sale of 305,195 shares (the "Shares") of Company common stock, at a price of $0.77 per share for total gross proceeds of US$235,000 (the "Sale"). The Sale was made under the terms of the Amended and Restated Investor Rights Agreement dated June 11, 2025 (the "IRA") between Solitario and Newmont Overseas Exploration Ltd. ("Newmont"), a wholly owned subsidiary of Newmont Corporation. Newmont chose to exercise a right to acquire the Shares as permitted by the IRA at the average price of shares sold through Solitario's at-the-market program sales from Nov. 13, 2025, through April 6, 2026.

    Upon the issuance of the Shares, Newmont will hold 8,759,162 shares of Solitario common stock or approximately 9.4% of the outstanding shares, maintaining Newmont's interest prior to the current period's at-the-money program.

    Chris Herald, President and CEO of Solitario, stated: "We are delighted that Newmont elected to exercise its right to maintain its ownership stake in Solitario and its equity ownership in Solitario."

    The Company did not engage an underwriter or registered placement agent for the Sale, and there were no underwriter discounts or commissions or placement agent fees. The net proceeds of the Sale will be used to advance the Company's exploration activities at its core projects and for general corporate purposes. Additional information regarding the Sale will be included in one or more reports to be filed by the Company with the Securities and Exchange Commission and United States and Canadian regulatory agencies, and this press release is subject to the further detail provided in such reports.

    About Solitario

    Solitario is a natural resource exploration company focused on potential high-quality Tier-1 gold, zinc, copper, and critical metals projects. The Company's common stock is traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). Solitario owns a 100% interest in the 31,500-acre Golden Crest gold project in South Dakota. Solitario's Management and Directors hold approximately 7.8% (excluding options) of the Company's 93.1 million shares outstanding. Solitario's cash balance stands at approximately US$8.6 million. Additional information about Solitario is available online at www.solitarioresources.com.

    For More Information Please Contact:

    Christopher Herald, President and CEO, 303-534-1030, Ext. 1

    Cautionary Statement Regarding Forward-Looking Information

    This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934, and as defined in the United States Private Securities Litigation Reform Act of 1995 (and the equivalent under Canadian securities laws), that are intended to be covered by the safe harbor created by such sections. Forward-looking statements are statements that are not historical facts. They are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and address activities, events or developments that Solitario expects or anticipates will or may occur in the future, and are based on current expectations and assumptions. Forward-looking statements involve numerous risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements include, without limitation, statements regarding the Company's expectation of the projected timing and outcome of engineering studies; expectations regarding the receipt of all necessary permits and approvals to implement a mining plan, if any, at any of its mineral properties. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among others, risks relating to risks that Solitario's and its joint venture partners' exploration and property advancement efforts will not be successful; risks relating to fluctuations in the price of zinc, gold, lead and silver; the inherently hazardous nature of mining-related activities; uncertainties concerning reserve and resource estimates; availability of outside contractors, and other activities; uncertainties relating to obtaining approvals and permits from governmental regulatory authorities; the possibility that environmental laws and regulations will change over time and become even more restrictive; and availability and timing of capital for financing the Company's exploration and development activities, including uncertainty of being able to raise capital on favorable terms or at all; as well as those factors discussed in Solitario's filings and reports with the U.S. Securities and Exchange Commission (the "SEC"), including Solitario's latest Annual Report on Form 10-K and its other SEC filings (and Canadian filings) including, without limitation, its latest Quarterly Report on Form 10-Q. The Company does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.

    SOURCE: Solitario Resources Corp.

    View the original press release on ACCESS Newswire

    VANCOUVER, B.C. – May 13, 2026 (NEWMEDIAWIRE) – Ares Strategic Mining Inc. (CSE: ARS) (OTCQX: ARSMF) (FRA: N8I1) is pleased to announce the successful completion of two of the most critical infrastructure components at its Lost Sheep Fluorspar Processing Facility in Utah: the installation of the plant's conveyor belt system and the completion of the facility's electrical and Motor Control Center ("MCC") systems.

    Click Here to see: These milestones represent a major step forward in the Company's transition from mine development into fully integrated processing operations and significantly advance the plant toward commissioning and production readiness.

    Critical Systems Now Installed

    The newly completed infrastructure includes:

    • Full installation of the plant's primary material handling and conveyor belt systems

    • Completion of the facility-wide electrical distribution network

    • Installation and integration of the plant's Motor Control Center (MCC) systems

    • Energization-ready infrastructure to support crushers, screens, flotation circuits, pumps, and processing equipment

    The conveyor network forms the operational backbone of the processing facility, enabling the continuous and automated movement of ore between crushing, sorting, and processing stages. Meanwhile, the MCC and electrical systems provide centralized power distribution, process control, equipment protection, and operational automation throughout the plant.

    MCC / Electrical Control Systems

    James Walker, President and CEO of Ares Strategic Mining, commented: "The completion of the conveyor and MCC systems is one of the most important construction milestones we have achieved to date. These are not cosmetic additions – they are the central nervous system of the processing facility. Without these systems, industrial-scale processing cannot occur. Their completion marks a huge leap toward operational readiness and future production."

    A Transformational Milestone Toward Production

    The completion of these systems substantially de-risks the project and positions Ares to accelerate final mechanical installations and commissioning activities.

    The MCC infrastructure is particularly significant because it:

    • Controls and distributes power across the entire plant

    • Enables synchronized operation of processing equipment

    • Supports future automation and scalability

    • Provides industrial-grade operational reliability and safety

    Likewise, the conveyor system enables:

    • Continuous ore flow throughout the facility

    • Efficient material handling and throughput

    • Reduced operating downtime and labor requirements

    • Consistent feed rates for optimized processing performance

    "You cannot operate a modern processing facility without these systems," Walker added. "This is foundational infrastructure – the kind of progress that transforms a construction project into an operating industrial facility."

    Plant Construction Progress Overview

    Building America's Domestic Fluorspar Supply Chain

    Ares continues advancing toward becoming the leading domestic supplier of acidspar in the United States. Fluorspar is designated a critical mineral by the U.S. government and is essential for:

    • Semiconductor manufacturing

    • Fluorochemicals

    • Nuclear fuel processing

    • Steel and aluminum production

    • Defense and aerospace applications

    With mining operations underway, ore stockpiling ongoing, and plant infrastructure nearing completion, the Company is rapidly positioning itself for initial processing and future deliveries into domestic and international markets.

    About Ares Strategic Mining

    Ares Strategic Mining Inc. is a mining company focused on the development of its fluorspar projects in the U.S. The Company aims to become a significant supplier of high-grade fluorspar to North American markets, supporting industries vital to modern technology and infrastructure.

    Lost Sheep Fluorspar Project – Delta, Utah

    100% owned – 5,982 acres – 353 Claims

    Located in the Spor Mountain area, Juab County, Utah, approximately 214 km south-west of Salt Lake City.

    Fully Permitted – including mining permits.

    NI 43-101 Technical Report identified extensive high-grade fluorspar with low levels of impurities.

    Mining plan approved by BLM

    First approved by Rex Rowley – Area Manager, Bureau of Land Management – 24th August 1992.

    Renewed by Paul B. Baker – Minerals Program Manager, Bureau of Land Management – 12th December 2016.

    ON BEHALF OF THE BOARD OF DIRECTORS OF ARES STRATEGIC MINING INC.James WalkerChief Executive Officer and PresidentFor further information, please contact James Walker by email at info@aresmining.com

    DISCLOSURE AND FORWARD-LOOKING STATEMENTS:

    Companies typically rely on comprehensive feasibility reports on mineral reserve estimates to reduce the risks and uncertainties associated with a production decision. Historically, situations where the issuer decides to put a mineral project into production without first establishing mineral reserves supported by a technical report and completing a feasibility study have a higher risk of economic or technical failure, though some industrial mineral ventures are relatively simple operations with low levels of investment and risk, where the operating entity has determined that a formal prefeasibility or feasibility study in conformance with NI 43-101 and 43-101 CP is not required for a production decision. Based on historical engineering work, geological reports, historical production data and current engineering work completed or in the process by Ares, the Company intends to move forward with the development of its Utah asset.

    Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

    View the original release on www.newmediawire.com

    OTTAWA, ON, May 13, 2026 /CNW/ – Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSXV: NRN) is pleased to provide updates on exploration at Root & Cellar and CSM properties in the Avalon Terrane of Eastern Newfoundland. The Company's flagship Root & Cellar Property ("Root & Cellar"), on the Burin Peninsula in southeastern Newfoundland, is being explored for porphyry copper +/- molybdenum, gold and tellurium and epithermal gold-silver-tellurium. The CSM Property ("CSM"), located on the Avalon Peninsula about 100 km to the east of Root & Cellar, is being explored for magmatic Ni-Cu-Co and porphyry copper style mineralization.

    At the Root & Cellar, line-cutting has been completed on the grid over the Creston Copper Zone ("Creston") with a 3D-IP geophysical survey estimated to commence by mid-May. Creston is defined by a 2 km diameter copper soil and rock sample anomaly and represents one of the largest copper footprints on the Burin Peninsula. A diatreme breccia pipe complex, measuring approximately 1,600 × 800 metres occupies the centre of the target. Three phases of copper mineralization are noted in the diatreme breccia, along with lead and zinc mineralization, believed to have precipitated from a vapour phase, which is interpreted as evidence of an underlying magmatic-hydrothermal system. A 2,000 to 3,000 m drilling program is planned to test targets defined by the 3D-IP survey.

    CSM, further to the east in the Avalon Terrane, was originally acquired for its porphyry copper potential. The Company believes that the east-west rift system where Root & Cellar is located, continues across Placentia Bay to the south end of the Avalon Peninsula where it intersects a north-trending rift system. The southern portion of CSM covers a distinct cluster of till samples anomalous in copper, nickel and cobalt in an area of limited bedrock exposure. However, government geology maps show multiple gabbroic sills with strike lengths exceeding 10 km, hosted in sedimentary carbonate and shale sequences. A high resolution airborne magnetic survey totalling 3,200 line-kilometers has been completed over CSM by Prospectair Surveys at 50 m line-spacing. Processing and modelling of the data is underway with an initial review of the unprocessed data supporting the existence of multiple thin sills and highlighting unmapped dikes that coincide with the tend of the east-west rift. Based on these results and regional gravity data which suggests the prospective geology continues at depth to the north of the original claim block, CSM has been expanded from 135 km2 to 292 km2. Further updates will be provided once the data is processed and modelled.

    "The past few months we have been focussing on gathering information at Creston and growing our understanding of the copper porphyry target, and in the process, the entire Root & Cellar camp. We now eagerly look forward to the start of the 3D-IP survey and then drilling. At CSM, we were not expecting to be exploring for magmatic Ni-Cu-Co in the Avalon Terrane, however the till geochemical signature is quite clear, but on stepping back to look at the bigger geological picture, including a large fertile gabbroic sill-dike complex, intruding carbonates and pyritic shales at a rift-rift intersection, it is hard to ignore."

    – Ian Bliss, President and CEO, Northern Shield

    The technical information in this news release has been reviewed and approved by Mike Muggridge, P. Geo., a "Qualified Person" within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

    About Northern Shield Resources

    Northern Shield Resources Inc. is a Canadian-based company, a leader in generating high-quality exploration targets, that views greenfield exploration as an opportunity to find a mineable, near surface deposit at relatively low cost. We implement a model driven exploration approach to reduce the risk associated with early-stage projects for ourselves, our shareholders, and the environment. This approach led us to option the Root & Cellar Property from a Newfoundland prospector, who discovered the copper mineralization, and then to its advancement to the large gold-silver-tellurium and porphyry copper system that it has become.

    Forward-Looking Statements AdvisoryThis news release contains statements concerning the exploration plans, results and potential for porphyry copper, epithermal gold, nickel-copper-cobalt and other mineralization at the Company's Root & Cellar and CSM Properties, geological, geophysical and geometrical analyses of the properties and comparisons of the properties to known epithermal gold deposits and other expectations, plans, goals, objectives, assumptions, information or statements about future, conditions, results of exploration or performance that may constitute forward-looking statements or information under applicable securities legislation. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect.

    Although Northern Shield believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward looking statements because Northern Shield can give no assurance that such expectations will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Northern Shield and described in the forward looking statements or information. These risks and uncertainties include, but are not limited to, risks associated with geological, geometrical and geophysical interpretation and analysis, the ability of Northern Shield to obtain financing, equipment, supplies and qualified personnel necessary to carry on exploration and the general risks and uncertainties involved in mineral exploration and analysis.

    The forward-looking statements or information contained in this news release are made as of the date hereof and Northern Shield undertakes no obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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

    View original content: http://www.newswire.ca/en/releases/archive/May2026/13/c4956.html

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    • Sociedad Química y Minera de Chile (NYSE:SQM) has proposed raising the 2025 final dividend payout from 30% to 50% of net income.
    • The change would materially increase the share of earnings returned directly to shareholders.
    • The company has also finalized a joint venture with Codelco focused on lithium operations.
    • Both decisions point to a shift in how SQM balances shareholder distributions with growth investments.

    For investors tracking NYSE:SQM, these moves come after a period of strong share price performance, with the stock at $94.63 and up 15.2% over the past 30 days, 35.7% year to date, and 165.7% over the past year. The proposed dividend policy change and the Codelco joint venture now sit alongside those returns as key elements in how the company is positioning itself.

    Looking ahead, the higher proposed payout ratio and the new joint venture give you two clear levers to watch: cash returns and lithium project development. How SQM executes on this partnership and manages future capital allocation decisions will shape the balance between income and reinvestment for shareholders.

    Stay updated on the most important news stories for Sociedad Química y Minera de Chile by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Sociedad Química y Minera de Chile.

    NYSE:SQM Earnings & Revenue Growth as at May 2026

    Is Sociedad Química y Minera de Chile’s dividend sustainable? Check out what every dividend investor needs to know in our dividend analysis.

    Quick Assessment

    • ❌ Price vs Analyst Target: At $94.63, the stock is about 20% above the $78.99 analyst price target.
    • ✅ Simply Wall St Valuation: Shares are trading about 20.2% below the platform’s estimate of fair value.
    • ✅ Recent Momentum: The 30 day return of 15.2% shows strong recent momentum into this news.

    There is only one way to know the right time to buy, sell or hold Sociedad Química y Minera de Chile. Head to Simply Wall St’s
    company report for the latest analysis of Sociedad Química y Minera de Chile’s fair value.

    Key Considerations

    • 📊 A higher payout ratio and the Codelco joint venture link a larger share of earnings to shareholders while committing capital and attention to lithium growth projects.
    • 📊 Watch how free cash flow, dividend coverage and joint venture project milestones evolve against the current P/E of 45.96 and the forward P/E of 16.68.
    • ⚠️ The existing flag around dividend sustainability makes it important to see whether higher payouts are matched by consistent profits and cash generation.

    Dig Deeper

    For the full picture including more risks and rewards, check out the
    complete Sociedad Química y Minera de Chile analysis. Alternatively, you can visit the
    community page for Sociedad Química y Minera de Chile to see how other investors believe this latest news will impact the company’s narrative.

    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.

    Companies discussed in this article include SQM.

    Albemarle Corporation’s ALB shares have popped 26.4% in the past three months, courtesy of the company’s solid earnings performance, backed by the strength in its Energy Storage segment, cost-reduction initiatives and an uptick in lithium prices. ALB has outperformed the Zacks Chemical – Diversified industry’s rise of 8.7% and the S&P 500’s increase of 9.4%.

    ALB’s 3-month Price Performance

    Image Source: Zacks Investment Research

    ALB stock broke above its 50-day simple moving average (SMA) on March 24, 2026.  It is also currently trading above its 200-day SMA, suggesting a long-term uptrend. Following a golden crossover on Sept. 3, 2025, the 50-day SMA is reading higher than the 200-day SMA, indicating a bullish trend.

    Albemarle Trades Above 50-Day SMA

    Image Source: Zacks Investment Research

    Let’s take a look at ALB’s fundamentals to analyze the stock better.

    ALB Gains on Project Expansion, Productivity & Higher Prices

    Albemarle is well-placed to gain from long-term growth in the battery-grade lithium market. The market for lithium batteries and energy storage remains strong, especially for electric vehicles (EVs), offering significant opportunities for the company to develop innovative products and expand capacity. Lithium demand is expected to grow on the back of significant global EV penetration. ALB expects lithium demand to witness a compound annual growth rate (CAGR) of 10-20% from 2025 to 2030. Stationary storage is expected to be a significant driver for lithium demand along with EVs. Albemarle expects demand to grow roughly 15-40% this year. Demand indicators stayed constructive in the first quarter of 2026, with global Energy Storage Systems production rising 117% year over year.The company is strategically executing its projects aimed at boosting its global lithium conversion capacity. It remains focused on investing in high-return projects to drive productivity. Healthy customer demand, capacity expansion and plant productivity improvements are supporting its volumes. ALB saw higher sales volumes (up 14% year over year) in its Energy Storage unit in the first quarter on the strength of its integrated conversion facilities. The Salar yield improvement project in Chile has achieved a 50% operating rate, and the ramp-up continues to deliver encouraging outcomes. ALB has started the environmental permitting process for a commercial direct lithium extraction project at Salar de Atacama. The ramp-up at the Meishan lithium conversion facility in China is also progressing ahead of schedule. The CGP3 expansion at the Greenbushes spodumene mine in Australia has also been expedited, expected to reach full production later this year, and add to capacity. Albemarle is also taking aggressive cost-saving and productivity actions. The company delivered roughly $450 million in cost and productivity improvements for full-year 2025, having surpassed its initial target of $300-$400 million. It expects additional cost and productivity improvements of $100-$150 million in 2026, with $40 million already delivered this year. ALB is taking actions to maintain its competitive position, including the initiation of a comprehensive review of cost and operating structure, optimization of the conversion network and reduction of capital expenditure. Its capital expenditures of $590 million for 2025 decreased 65% year over year.   ALB, in February 2026, announced that it will idle Train 1, the remaining operating train at its Kemerton lithium hydroxide processing plant in Western Australia, and place it into care and maintenance effective immediately. This move follows earlier actions in 2024 to idle Train 2 for care and maintenance and stop expansion plans for Trains 3 and 4. The Kemerton facility processes spodumene from the Greenbushes mine, one of the world’s best deposits. The move is a result of the ongoing efforts over the past two and a half years to reduce operating costs. The company expects higher flexibility and optionality to benefit adjusted EBITDA starting in the second quarter of 2026.Higher lithium prices, driven by strong demand from EVs and energy storage systems, along with supply disruptions due to recent supply reductions in China, should also aid ALB’s performance. Lithium prices have rebounded from the trough levels seen in 2025, supported by tightening supply and strong demand in China and globally.

    ALB’s Capital Allocation Backed by Strong Financial Health  

    Albemarle remains committed to driving shareholder value by leveraging healthy cash flows and strong liquidity. Its operating cash flow was around $1.3 billion in 2025, up roughly 86% from the prior-year period. At the end of the first quarter, ALB had liquidity of around $2.7 billion, including cash and cash equivalents of around $1.1 billion. ALB generated an operating cash flow of $346 million and free cash flow of $248 million in the quarter. The company paid down $1.3 billion of outstanding debt in March 2026, reducing annual interest expense by roughly $60 million. This followed the successful divestments of the controlling stake in Ketjen and its 50% interest in the Eurecat joint venture, which together generated $670 million in pre-tax proceeds. The company remains focused on maintaining its dividend payout. It has raised its quarterly dividend for the 30th straight year. ALB offers a dividend yield of 0.8% at the current stock price. Its peers, Sociedad Quimica y Minera de Chile S.A. SQM and Rio Tinto Group RIO, have a dividend yield of 2.9% and 4.8%, respectively.  

    ALB’s Estimates Reflect Positive Sentiment

    The Zacks Consensus Estimate for 2026 for ALB has been revised upward over the past 60 days. The consensus estimate for second-quarter 2026 has been going up over the same time frame. The Zacks Consensus Estimate for 2026 earnings is currently pegged at $8.72, suggesting a year-over-year rise of 1,203.8%. Earnings are expected to increase roughly 1,909.1% in the second quarter.

    Image Source: Zacks Investment Research

    ALB: An Expensive Stock

    ALB is currently trading at a forward price-to-sales ratio of 4.11, well above the industry. It is trading at a premium to Sociedad Quimica and Rio Tinto. Albemarle currently has a Value Score of D. Rio Tinto and Sociedad Quimica have a Value Score of A and C, respectively.

    ALB’s P/S F12M Vs. Industry, SQM and RIO

    Image Source: Zacks Investment Research

    Conclusion: Buy ALB Shares

    Albemarle is benefiting from higher lithium volumes driven by project ramp-ups, as well as initiatives to expand global lithium conversion capacity and enhance productivity. The company is well-positioned to capitalize on the substantial growth opportunity in the battery-grade lithium market, supported by the global transition toward EVs. Higher lithium prices amid robust demand and tight supply conditions also act as a tailwind.Rising earnings estimates and a strong growth outlook are some other positives. While ALB trades at a premium, the valuation is well-supported by its strong fundamentals and earnings potential. We advise investors to bet on this Zacks Rank #1 (Strong Buy) stock now, as it has solid growth prospects. You can see the complete list of today’s Zacks #1 Rank stocks here.

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    Rio Tinto PLC (RIO) : Free Stock Analysis Report

    Albemarle Corporation (ALB) : Free Stock Analysis Report

    Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report

    This article originally published on Zacks Investment Research (zacks.com).

    Zacks Investment Research

    Century Aluminum Company CENX reported earnings of $3.23 per share for the first quarter of 2026. It compares favorably with the prior-year quarter’s earnings of 29 cents. 

    Barring one-time items, adjusted earnings came in at $1.06 per share. The bottom line missed the Zacks Consensus Estimate of $1.16. 

    Adjusted EBITDA was $231.4 million, up from $78 million in the prior-year quarter. 

    Century Aluminum Company Price, Consensus and EPS Surprise

    Century Aluminum Company price-consensus-eps-surprise-chart | Century Aluminum Company Quote

    CENX’s Revenues and Shipments

    The company reported net sales of $649.2 million, up 2.4% year over year. However, the figure missed the Zacks Consensus Estimate of $652.2 million. 

    The increase in sales was driven by higher aluminum prices, which more than offset lower shipment volumes. 

    Primary aluminum shipments were 122,865 tons, down around 27% year over year and around 12% sequentially. 

    CENX’s Financials

    At the end of the quarter, the company had cash and cash equivalents of $244.1 million, up 81.9% from the previous quarter. 

    CENX’s Q2 Outlook

    The company forecasts second-quarter 2026 adjusted EBITDA to be in the range of $315 million to $335 million, supported by higher realized LME and regional premiums, energy benefits and favorable volume/mix, partly offset by raw material costs and OPEX/other items. 

    CENX Stock’s Price Performance

    Shares of Century Aluminum have risen 250.3% in the past year compared with the industry’s 55.8% growth.

    Image Source: Zacks Investment Research

    CENX’s Zacks Rank & Other Key Picks

    CENX currently sports a Zacks Rank #1 (Strong Buy).

    Other top-ranked stocks worth a look in the basic materials space are Sociedad Quimica y Minera de Chile S.A. SQM, Idaho Strategic Resources, Inc. IDR and Hawkins, Inc. HWKN.

    Sociedad is slated to report first-quarter 2026 results on May 26. The Zacks Consensus Estimate for loss is pegged at $1.78 per share, indicating 270.8% year-over-year growth. SQM has a Zacks Rank #2 (Buy) at present.

    Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.3% year-over-year growth. IDR sports a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

    Hawkins is scheduled to report fiscal fourth-quarter results on May 13. The Zacks Consensus Estimate for HWKN’s fourth-quarter earnings is pegged at 76 cents per share. HWKN currently has a Zacks Rank #2.

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    Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report

    Century Aluminum Company (CENX) : Free Stock Analysis Report

    Hawkins, Inc. (HWKN) : Free Stock Analysis Report

    Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report

    This article originally published on Zacks Investment Research (zacks.com).

    Zacks Investment Research

    Barrick Mining Corporation B recorded profits (on a reported basis) of $1,602 million or 96 cents per share for first-quarter 2026, up from $474 million or 27 cents per share in the year-ago quarter. 

    Barring one-time items, adjusted earnings per share were 98 cents. The figure beat the Zacks Consensus Estimate of 74 cents. 

    Barrick recorded total sales of $5,218 million, up 67% year over year. The metric surpassed the Zacks Consensus Estimate of $4,533.5 million. 

    Barrick Mining Corporation Price, Consensus and EPS Surprise

    Barrick Mining Corporation price-consensus-eps-surprise-chart | Barrick Mining Corporation Quote

    B’s Operational Highlights

    Total gold production was 719,000 ounces in the reported quarter, down around 5.1% year over year. The figure beat the Zacks Consensus Estimate of 655,000 ounces. The average realized price of gold was $4,823 per ounce in the quarter, up around 66.4%. 

    The cost of sales increased around 18% year over year to $1,922 per ounce. All-in-sustaining costs (AISC) moved down 4% to $1,708 per ounce in the quarter. 

    B’s Financial Position

    At the end of the quarter, Barrick had cash and cash equivalents of $7,131 million, up 74% from the prior-year quarter. The company’s total debt was $4,726 million at the end of the quarter, essentially flat year over year. 

    The operating cash flow was $2.55 billion for the quarter, whereas the free cash flow was $1.58 billion. 

    B’s Guidance

    For 2026, Barrick anticipates attributable gold production to be in the range of 2.9-3.25 million ounces. For the second quarter of 2026, gold production is expected to be in the range of 730,000-770,000 ounces. 

    AISC is projected at $1,760-$1,950 per ounce for 2026. Cash costs per ounce are forecast to be $1,330-$1,470. The company also expects to see a cost of sales of $1,870-$2,070 per ounce. 

    Barrick expects copper production of 190,000-220,000 tons at AISC of $3.45-$3.75 per pound, C1 cash costs of $2.20-$2.45 per pound and cost of sales of $3.05-$3.35 per pound for 2026. 

    Barrick’s Price Performance

    B’s shares have gained 158.8% in the past year compared with the industry’s 93.3% rise. 

    Image Source: Zacks Investment Research

    B’s Zacks Rank & Stocks to Consider

    B currently carries a Zacks Rank #3 (Hold).

    Some better-ranked stocks worth a look in the basic materials space are Sociedad Quimica y Minera de Chile S.A. SQM, Idaho Strategic Resources, Inc. IDR and Hawkins, Inc. HWKN.

    Sociedad is slated to report first-quarter 2026 results on May 26. The Zacks Consensus Estimate for loss is pegged at $1.78 per share, indicating 270.8% year-over-year growth. SQM has a Zacks Rank #2 (Buy) at present.

    Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.3% year-over-year growth. IDR sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

    Hawkins is scheduled to report fiscal fourth-quarter results on May 13. The Zacks Consensus Estimate for HWKN’s fourth-quarter earnings is pegged at 76 cents per share. HWKN currently has a Zacks Rank #2.

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    Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report

    Barrick Mining Corporation (B) : Free Stock Analysis Report

    Hawkins, Inc. (HWKN) : Free Stock Analysis Report

    Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report

    This article originally published on Zacks Investment Research (zacks.com).

    Zacks Investment Research

    Found to evaluate resin-free electrochemical Direct Feedstock Extraction technology at the only currently permitted fluorspar mine in the United States

    BOSTON and JUAB COUNTY, Utah, May 12, 2026 /PRNewswire/ — Found Industries, through its Found Metals division, and ARES Strategic Mining Inc. (CSE: ARS) (OTC: ARSMF) (FRA: N8I1) today announced the signing of a Memorandum of Understanding to evaluate the recovery of gallium, germanium and other strategic critical materials from ARES-owned or controlled feedstocks associated with the Lost Sheep Mine in Utah.

    The collaboration brings together a uniquely strategic U.S. mineral asset and an emerging domestic critical metals processing platform at a moment when secure North American supply chains for semiconductors, defense systems, energy technologies and advanced manufacturing have become an urgent industrial priority.

    ARES' Lost Sheep Mine is the only currently permitted fluorspar mine in the United States, comprising 353 mining claims across approximately 5,982 acres. The asset's strategic relevance has recently been further underscored by ARES when it announced the award of a five-year Indefinite Delivery/Indefinite Quantity contract by the U.S. Department of Defense through the Defense Logistics Agency, with an estimated initial award value of approximately $168.9 million and a total contract ceiling of up to $250 million, subject to future task orders. In addition to fluorspar, recent surveys cited in the MOU have identified significant concentrations of gallium and germanium within the deposit, including reported gallium grades in the hundreds of parts per million. Subject to technical, economic, regulatory and commercial validation, preliminary assessments indicate the Lost Sheep operations could ultimately support gallium production at industrial scales at full development, alongside potential recovery of associated critical metals.

    Under the MOU, Found Metals will evaluate opportunities to apply Found's proprietary Direct Feedstock Extraction technology to support the recovery of critical metals from ARES-controlled feedstocks. The initial phase is expected to focus on technical evaluation, feedstock assessment, process integration concepts, and preliminary analysis to determine the potential pathway for future piloting, scale-up, and joint commercialization. Early work related to the collaboration is also being supported in part by the Commonwealth of Massachusetts through its InnovateMass program, reflecting the state's interest in advancing domestic critical materials innovation.

    "ARES controls one of the unique domestic assets with the right combination of permitting position, critical mineral relevance and multi-metal upside," said Peter Godart, President and CEO of Found Industries. "Found Metals was built to turn complex feedstocks into domestic critical metal production. This collaboration gives us a pathway to demonstrate how next-generation electrochemical refining can help transform a strategic U.S. mine into a scalable, multi-metal critical materials platform."

    "Found brings the kind of processing innovation that can materially expand the strategic value of Lost Sheep," said James Walker, CEO of ARES Strategic Mining Inc. "Fluorspar is already a critical mineral. The opportunity to evaluate gallium, germanium and other high-value critical materials from the same broader resource base could make Lost Sheep even more important to North American supply chains."

    Gallium and germanium are among the most strategically important and highest growth technology metals in the modern economy. Gallium is central to high-performance semiconductor supply chains, while germanium is used in fiber optics, semiconductors and night vision applications. Both are overwhelmingly controlled by Chinese production at present. Fluorspar is essential to industries including synthetic materials, iron and steel, ceramics, glass and refining. The ability to evaluate all three within a single domestic resource base creates a compelling opportunity for investors, policymakers and industrial partners seeking exposure to resilient U.S. critical mineral supply.

    For Mining Equipment, Technology and Services (METS) investors and mining-sector strategics, the Found–ARES MOU points to a broader shift: critical metals recovery is becoming a processing technology race as much as a mining race. Domestic resources, tailings, leachates and byproduct streams that were historically treated as secondary opportunities can become strategic production platforms when paired with selective, scalable extraction technology.

    "Found Metals is prioritizing partners who can move quickly, share representative feedstocks, define financeable projects and help bring new domestic critical metal capacity online," added Godart. "The market is rewarding speed, differentiated process economics and strategic supply relevance. We believe this collaboration with ARES has all three ingredients."

    About Found Industries

    Found Industries is building advanced technologies for domestic energy and critical materials resilience. Through its Found Metals division, the company is developing a vertically integrated critical metals platform that spans foundational R&D, process development, electrochemical system design, engineering, pilot deployment, and commercial project development. Found Metals is focused on converting complex and dilute feedstocks into strategically important metals using its proprietary resin-free Direct Feedstock Extraction platform, creating a pathway from lab-scale innovation to domestic production of gallium, germanium and other high-value critical materials while reducing reliance on legacy reagent-intensive recovery methods.

    About ARES Strategic Mining Inc.

    ARES Strategic Mining Inc. owns and operates the Lost Sheep Mine in western Utah, the only currently permitted fluorspar mine in the United States. ARES is focused on developing strategic mineral resources that can support secure North American supply chains, including fluorspar and the potential recovery of associated critical materials such as gallium and germanium.

    Forward-Looking Statements

    This press release contains forward-looking statements, including statements regarding potential mineral recovery, production volumes, pilot development, commercialization pathways, non-dilutive funding opportunities, future joint development or joint venture structures, and the strategic value of gallium, germanium, fluorspar and associated materials. These statements are based on preliminary assessments and current expectations and are subject to technical, economic, regulatory, financing and commercial risks. No assurance can be given that any pilot, commercial project, production target, funding award, joint venture, offtake arrangement or definitive agreement will result from the MOU. References to mineral concentrations, recoveries, production volumes or potential output are illustrative, preliminary and subject to independent validation.

    View original content to download multimedia:https://www.prnewswire.com/news-releases/found-industries-and-ares-strategic-mining-sign-mou-to-advance-domestic-gallium-germanium-and-fluorspar-recovery-from-utahs-lost-sheep-mine-302769066.html

    Just because a business does not make any money, does not mean that the stock will go down. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

    Given this risk, we thought we'd take a look at whether Stillwater Critical Minerals (CVE:PGE) shareholders should be worried about its cash burn. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'.

    Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

    When Might Stillwater Critical Minerals Run Out Of Money?

    You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. When Stillwater Critical Minerals last reported its December 2025 balance sheet in March 2026, it had zero debt and cash worth CA$17m. Importantly, its cash burn was CA$8.4m over the trailing twelve months. Therefore, from December 2025 it had 2.0 years of cash runway. That's decent, giving the company a couple years to develop its business. Depicted below, you can see how its cash holdings have changed over time.

    TSXV:PGE Debt to Equity History May 12th 2026

    See our latest analysis for Stillwater Critical Minerals

    How Is Stillwater Critical Minerals' Cash Burn Changing Over Time?

    Stillwater Critical Minerals didn't record any revenue over the last year, indicating that it's an early stage company still developing its business. So while we can't look to sales to understand growth, we can look at how the cash burn is changing to understand how expenditure is trending over time. In fact, it ramped its spending strongly over the last year, increasing cash burn by 106%. It's fair to say that sort of rate of increase cannot be maintained for very long, without putting pressure on the balance sheet. Stillwater Critical Minerals makes us a little nervous due to its lack of substantial operating revenue. We prefer most of the stocks on this list of stocks that analysts expect to grow.

    How Hard Would It Be For Stillwater Critical Minerals To Raise More Cash For Growth?

    Given its cash burn trajectory, Stillwater Critical Minerals shareholders may wish to consider how easily it could raise more cash, despite its solid cash runway. Generally speaking, a listed business can raise new cash through issuing shares or taking on debt. One of the main advantages held by publicly listed companies is that they can sell shares to investors to raise cash and fund growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate).

    Since it has a market capitalisation of CA$110m, Stillwater Critical Minerals' CA$8.4m in cash burn equates to about 7.6% of its market value. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan.

    So, Should We Worry About Stillwater Critical Minerals' Cash Burn?

    On this analysis of Stillwater Critical Minerals' cash burn, we think its cash burn relative to its market cap was reassuring, while its increasing cash burn has us a bit worried. Cash burning companies are always on the riskier side of things, but after considering all of the factors discussed in this short piece, we're not too worried about its rate of cash burn. Separately, we looked at different risks affecting the company and spotted 4 warning signs for Stillwater Critical Minerals (of which 2 are significant!) you should know about.

    Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies with significant insider holdings, and this list of stocks growth stocks (according to analyst forecasts)

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