MondayJun 05, 2023 10:30 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Advances Graphite Project with New Technical and Marketing Partnership

Global electrification depends on the availability of graphite to power lithium-ion batteries used in EVs and portable electronic devices The Ruby Graphite Deposit is the only combined graphite flake and vein graphite source in the U.S., Reflex secured the option to acquire a 100% stake in the project in 2022 Reflex engaged Lone Star Tech Minerals to advance Ruby Graphite project, deliverables include a production plan, marketing strategy, customer database, and technical data sheet Biden Administration to award $2.8 billion to expand domestic EV battery manufacturing and graphite processing The worldwide shift to electrification depends on the availability of graphite…

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FridayJun 02, 2023 12:27 pm

Indonesia Hopes to Attract Investment Through Banning Mineral Ore Exports

Indonesia is home to one of the largest mineral deposits on the entire planet. Consisting of a whopping 17,000 islands, the Asian country mines and produces a plethora of minerals including nickel, gold, bauxite, tin, copper and coal. In recent years, the Indonesian government has been mulling over banning the export of certain commodities, especially unprocessed metals that are currently in high demand. By the start of the year, Indonesia was facing a World Trade Organization lawsuit over banned nickel exports because it is one of the largest producers of nickel on the globe and the export ban affected several…

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ThursdayJun 01, 2023 1:19 pm

Equities Up, Gold Down as Debt Ceiling Discussions Register Progress

In recent weeks, the United States and the world at large have waited with bated breath as American lawmakers have discussed the possibility of raising the country’s debt ceiling. With millions of Americans currently experiencing a cost of living crisis, there have been fears that a debt default by the U.S. could have a significant economic impact. As last week drew to a close, Republicans had not offered President Joseph Biden a deal even as the country hurtled toward a disastrous debt default that threatened every American’s future. Because a debt default could cost millions of jobs, cause a 4.6%…

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