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China Launches Mineral Hunting Satellite To Maintain Rare Earth Monopoly

China Launches Mineral Hunting Satellite To Maintain Rare Earth Monopoly

China is believed to control 90% of global supplies of rare earth…

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This article was originally published by Zero Hedge

China Launches Mineral Hunting Satellite To Maintain Rare Earth Monopoly

China is believed to control 90% of global supplies of rare earth metals. In maintaining its monopoly on rare earth metals for the production of microchips, electronics, and electric motors, Beijing launched a mineral hunting satellite to explore the planet for new resources. 

The satellite, called “Ziyuan-1 02E” or “five-meter optical satellite 02,” was launched on Sunday that can take pictures of the ground with a resolution of five meters, according to the China National Space Administration.

Ziyuan-1 is equipped with infrared, near-infrared, and hyperspectral sensors that will help China’s geological environment engineers identify places around the world rich in rare earth minerals. 

China is believed to control up to 90% of global supplies of rare earth metals and is responsible for almost two-thirds of global production in 2019. 

Some say China’s control over the global market for rare earths is diminishing, but the truth is this is only slightly true (read: “China Creates New State-Owned Mining Giant To Tighten Control Of Rare Earth Supplies”). 

Infographic: China's Rare Earth Monopoly is Diminishing | Statista

While the US and Australia ramp up the production of rare earths, China dominates the production of this space and continues to search for more minerals worldwide now using a high-tech satellite. 

For more on rare earth minerals, visit The Market Ear content, exclusively on ZH premium, click here

Tyler Durden
Fri, 12/31/2021 – 19:30

Author: Tyler Durden

Energy & Critical Metals

Hot “Energy Metals” Stocks To Watch As TSLA Stock Surges

Energy metals mining stocks to watch for 2022
The post Hot Energy Metals Mining Stocks To Watch As TSLA Stock Surges Higher appeared first on Gold Stocks…

The electric vehicle manufacturer Tesla (NASDAQ: TSLA) surged higher for the third day in a row. The Elon Musk lead company remains a focus after the market’s recent pullback. While tech-stock traders are hunting for entry points in TSLA stock, other investors are looking long-term at the potential of the EV industry as a whole.

Not only this, but renewable, green energy has become even more relevant as global economies look to build climate-friendly infrastructure. It all starts with raw materials and, with that, mining stocks.

What Are Energy Metals?

Let’s look at some of the fundamentals of energy metal mining companies before we dive in. What are energy metals anyway? These are raw materials needed for building the infrastructure necessary to host renewable energy transfer. Nickel, cobalt, and lithium are among the most prominent. However, you also can’t ignore metals like copper, magnesium, iron, manganese, graphite, and aluminum. These are critical in EV battery production and valuable to the supply chain, in general.

Companies like Tesla have set the tone for the future of renewable energy. In its latest update, the company highlighted its record-setting delivery figures. Production reached more than 305,000 vehicles in the fourth quarter, and deliveries came in at over 308,000 vehicles.

In 2021, Tesla delivered over 936,000 vehicles total, with the Model 3/Y boasting most of that amount. With the industry expected to continue growing globally, demand for raw materials is likely to move in tandem. Today we look at some of the mining stocks to watch as energy metals demand picks up.

Mining Stocks To Watch

Freeport-McMoRan (NYSE: FCX)

mining stocks to watch Freeport-McMoRan Copper & Gold (FCX)

FCX stock has been hot since we began reporting on it at the end of December. Shares reached new highs not seen since last May, and speculation is likely playing its role right now without much news to speak of. EV excitement has captivated traders and stock market headlines this week, thanks to companies like Rivian, Tesla, Nio, and others. Freeport is a major producer of copper and one of the hallmarks of not only the EV industry but also general industrials.

The company produces more than 1 billion pounds of copper annually in the US. In its last quarterly report, the company also said that the market outlook for the metal is “extraordinarily positive.” Freeport also announced an up to $3 billion share repurchase program and declared quarterly dividends for 2022 of $0.15 per share. “With the recent achievement of our net debt target, strong execution of operating plans, and favorable market conditions for our products, we are pleased to commence implementation of our performance-based payout framework,” said Chairman and Chief Executive Officer Richard Adkerson in comments back in November.

Other factors at play include the trading outlook on 2022 when it comes to FCX. CNBC contributor Pete Najarian, famous for his options trading, called Freeport a “CNBC Stock Summit Pick” for 2022. Bryn Talkington of Requisite Capital Management also picked the stock, saying that copper is “probably the most important component in the electrification of the global grid.”

FCX could be one of the top mining stocks to watch this year with this backdrop.

MP Materials Corp. (NYSE: MP)

best mining stocks to buy 2022 MP Materials MP stock

MP is another one of the hot stocks to watch right now. As far as energy metals go, the company focuses on neodymium-praseodymium oxide. This is a significant ingredient in high-strength magnets. Where would these be used? High-strength magnets are used in many different applications. For electric vehicles specifically, you may find them in motors, pumps, power mirrors and seats, drivetrains, and even steering wheels.

MP recently signed a new deal for an EV project. No, it wasn’t with Tesla, but it was with one of the largest vehicles manufacturers on the planet, General Motors (NYSE: GM). MP inked a deal to build a U.S. magnet factory and enter a long-term agreement. MP will supply U.S.-sourced and manufactured rare earth alloy and magnets for powering more than a dozen models. These models will also use the GM Ultium battery platform.

Read: Top Mining Stocks To Watch Ahead Of Powell’s Speech

MP Materials Chairman & CEO James Litinsky, in a December 9 press release, said, “This is a momentous occasion for the reshoring of the American supply chain, and we are grateful for GM’s confidence, commitment, and leadership.”

In light of the pending EV boom, MP stock could also be another one to watch in 2022.

Vale S.A. (NYSE: VALE)

gold stocks to watch Vale SA (VALE)

Another mammoth mining company, Vale, has a broad portfolio of mining projects worldwide. In particular,  its copper mining operations in Brazil and Canada have come into focus as the EV trend emerges. In a recent update, Vale said it expects to produce 75,000 – 80,000 t of copper during the 4th quarter. That would bring yearly production into a range of 295k-300k tons of the year. Additionally, copper production over 2023-2026 is expected to come in between 390-420 kt and is anticipated to trend above 450 kt after that.

In addition to copper, Vale’s nickel operations have also come into focus with this EV trend. It’s one of the world’s largest nickel producers, with projects in Brazil, Canada, and Indonesia. It also helps that Vale is Tesla’s leading nickel supplier. Recent comments from CEO Eduardo Bartolomeo suggest Vale is looking to expand its supply partnerships. “We think we can be the supplier choice,” he told Financial Times in December 2021. “We are talking to Ford, GM, we are talking to all of them.”

With projects in over 30 countries, the company’s history has more or less forced its evolution beyond mining alone. Vale also participates in logistics, infrastructure development, energy, and even steel making.

Mining Stocks To Watch This Year

Electric vehicles are one aspect of the renewable energy/green energy movement. Yet they are a substantial one, especially for raw material demand. With this trend likely to continue and the potential of more EV growth to persist in the foreseeable future, mining stocks may be one of the more popular ways to play the trend.

The post Hot Energy Metals Mining Stocks To Watch As TSLA Stock Surges Higher appeared first on Gold Stocks to Buy, Picks, News and Information | GoldStocks.com.

nyse nasdaq manganese praseodymium neodymium nickel copper iron aluminum

Author: Joe Samuel

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Precious Metals

Mining Stocks Hitting 52-Week Highs Today

Endurance Gold Corporation (V.EDG) hit a new 52-week high of 42 cents on Wednesday. Endurance reported a new drill discovery at the Eagle South area of…

Endurance Gold Corporation (V.EDG) hit a new 52-week high of 42 cents on Wednesday. Endurance reported a new drill discovery at the Eagle South area of the Reliance Gold Property in southern British Columbia. The road accessible property is located four kilometres (“km”) east of the village of Gold Bridge, and 10 km north of the historic Bralorne-Pioneer Gold Mining Camp which has produced over four million ounces of gold

 

Filo Mining Corp. (T.FIL) hit a new 52-week high of $14.75 on Wednesday. Filo provided initial assay results and an update on the Filo del Sol drilling program. Highlights are listed below, along with drillhole locations on the accompanying plan map. Drillhole FSDH055A returned 64.0 m at 1,213.8 g/t Ag and 0.49 g/t Au from a depth of 362m ; this represents the best intersection of high-grade silver on the project to date. A total of 5,000m of diamond drilling has now been completed during the current program, with one hole (FSDH054) completed to a depth of 1,370m and five holes currently underway.

 

InPlay Oil Corp. (T.IPO) hit a new 52-week high of $2.69 on Wednesday. InPlay approved a $58-million capital program for 2022 which is forecasted to deliver 2022 average production of 8,900 – 9,400 boe/d.

 

AltaGas Ltd. (T.ALA) hit a new 52-week high of $27.42 on Wednesday. No news stories available today.

 

Alpha Copper Corp Com (C.ALCU) hit a new 52-week high of 60 cents on Wednesday. No news stories available today.

 

Amerigo Resources Ltd. (T.ARG) hit a new 52-week high of $1.65 on Wednesday. No news stories available today.

 

ARC Resources Ltd. (T.ARX) hit a new 52-week high of $13.53 on Wednesday. No news stories available today.

 

Canadian Banc Corp. Class A Shares (T.BK) hit a new 52-week high of $15.25 on Wednesday. No news stories available today.

 

BC Moly Ltd. (V.BM.H) hit a new 52-week high of 39.5 cents on Wednesday. No news stories available today.

 

Bank of Montreal (T.BMO) hit a new 52-week high of $146.10 on Wednesday. No news stories available today.

 

Bank of Nova Scotia (The) (T.BNS) hit a new 52-week high of $92.21 on Wednesday. No news stories available today.

 

Baytex Energy Corp. (T.BTE) hit a new 52-week high of $4.50 on Wednesday. No news stories available today.

 

Copperbank Resources Corp (CBK:CNX) hit a new 52-week high of 80 cents on Wednesday. No news stories available today.

 

Core Assets Corp Com (C.CC) hit a new 52-week high of 45 cents on Wednesday. No news stories available today.

 

Canadian High Income Equity Fund (T.CIQ.UN) hit a new 52-week high of $8.20 on Wednesday. No news stories available today.

 

Canadian Imperial Bank Of Commerce (T.CM) hit a new 52-week high of $160.10 on Wednesday. No news stories available today.

 

Canadian Natural Resources Limited (T.CNQ) hit a new 52-week high of $61.52 on Wednesday. No news stories available today.

 

Crescent Point Energy Corp. (T.CPG) hit a new 52-week high of $8.44 on Wednesday. No news stories available today.

 

Cenovus Energy Inc. (T.CVE) hit a new 52-week high of $18.11 on Wednesday. No news stories available today.

 

Canoe EIT Income Fund (T.EIT.UN) hit a new 52-week high of $13.42 on Wednesday. No news stories available today.

 

Enerplus Corporation (T.ERF) hit a new 52-week high of $14.67 on Wednesday. No news stories available today.

 

Foremost Lithium Resource & Technology Ltd Com (C.FAT) hit a new 52-week high of 34.5 cents on Wednesday. No news stories available today.

 

Fairfax Financial Holdings Limited (T.FFH) hit a new 52-week high of $633.82 on Wednesday. No news stories available today.

 

North American Financial 15 Split Corp. (T.FFN) hit a new 52-week high of $7.79 on Wednesday. No news stories available today.

 

First Quantum Minerals Ltd. (T.FM) hit a new 52-week high of $35.16 on Wednesday. No news stories available today.

 

BSR Real Estate Investment Trust (T.HOM.U) hit a new 52-week high of $17.92 on Wednesday. No news stories available today.

 

Headwater Exploration Inc. (T.HWX) hit a new 52-week high of $6.03 on Wednesday. No news stories available today.

 

iA Financial Group (T.IAG) hit a new 52-week high of $78.55 on Wednesday. No news stories available today.

 

Interfor Corporation (T.IFP) hit a new 52-week high of $43.25 on Wednesday. No news stories available today.

 

Imperial Oil Limited (T.IMO) hit a new 52-week high of $49.35 on Wednesday. No news stories available today.

 

Ivanhoe Mines Ltd. (T.IVN) hit a new 52-week high of $11.60 on Wednesday. No news stories available today.

 

Josemaria Resources Inc. (T.JOSE) hit a new 52-week high of $1.60 on Wednesday. No news stories available today.

 

Journey Energy Inc. (T.JOY) hit a new 52-week high of $3.25 on Wednesday. No news stories available today.

 

Jervois Global Limited (V.JRV) hit a new 52-week high of 63 cents on Wednesday. No news stories available today.

 

Kelt Exploration Ltd. (T.KEL) hit a new 52-week high of $5.58 on Wednesday. No news stories available today.

 

Life & Banc Split Corp. (T.LBS) hit a new 52-week high of $10.97 on Wednesday. No news stories available today.

 

Canadian Life Companies Split Corp. (T.LFE) hit a new 52-week high of $4.95 on Wednesday. No news stories available today.

 

MEG Energy Corp. (T.MEG) hit a new 52-week high of $13.61 on Wednesday. No news stories available today.

 

Nickel 28 Capital Corp. (V.NKL) hit a new 52-week high of $1.20 on Wednesday. No news stories available today.

 

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Energy & Critical Metals

4 EV Stocks Under $5

EV stocks are sure to be one of the top investments of the 2020s. And many investors are looking for the best EV stocks under $5. 
The post 4 EV Stocks…

EV stocks are sure to be one of the top investments of the 2020s. With legacy automakers and startups alike announcing new EVs left and right, investors are pouring the dollars into these stocks. And many are looking for the best EV stocks under $5. 

For many investors, it’s a dream come true; double- or even triple-digit returns are a possibility. But there’s a glaring problem with this situation. Rapid investment drives up share prices, potentially locking some investors out of the market. Look no further than Tesla (Nasdaq: TSLA) stock for a great example of this. Even after its four-to-one stock split, TSLA shares are once again trading above $1,000.

While some brokers offer fractional shares to help less wealthy investors buy shares in Tesla and other large companies, perhaps you don’t have that option. Or maybe you are in the camp that thinks Tesla is overvalued – and will never be as valuable as its current share price suggests.

Whatever the case may be, there are still plenty of options if you aren’t willing to buy stock in a company trading at $1,000 (or more). For instance, try one of these EV stocks under $5:

  • Ideanomics Inc. (Nasdaq: IDEX)
  • Ayro Inc. (Nasdaq: AYRO)
  • ElectraMeccanica Vehicles Corp. (Nasdaq: SOLO)
  • Lordstown Motors Corp. (Nasdaq: RIDE)

The best EV stocks under $5.

Best EV Stocks Under $5

Let’s take a closer look at each of these EV stocks under $5 and why they might be worth adding to your portfolio.

No. 4 Ideanomics Inc.

Ideanomics is a global company focused on the adoption of commercial electric vehicles. The New York-based company was founded in 2004, so it isn’t exactly brand new. Ideanomics provides turn-key finance, leasing, and energy management services for commercial fleet operators. It has several subsidiaries, including VIA Motors, that produce the vehicles themselves. Real-world examples include fully electric delivery vans used by major companies such as Walmart.

Ideanomics (IDEX) has a market cap of nearly $600 million, but its shares trade for barely more than $1. The company is not currently profitable, and its cash reserves shrunk during Q3 2021. It also missed its revenue projection by about 16.75%. However, it’s not all bad news. While it did miss its revenue projection, its revenue has been higher as of late. It brought in $27 million in Q3 2021; compare that to $11 million in Q4 2021. Plus, while its profit margin was -188% in Q3, it was much closer to profitable in Q2 and Q1, posting net profit margins of around -20% in each of them.

As Ideanomics increases its revenue and inches closer to profitability, look for this share price to increase over the next 12 months.

No. 3 Ayro Inc.

Let’s take a look at one of the other best EV stocks under $5, Ayro. It’s a Round Rock, Texas-based company founded in 2017. It produces electric vehicles for use in sustainable fleets. Those fleets engage in last-mile distribution and micro-distribution. It raised $10 million in a registered direct offering in November 2020. The main vehicle it offers right now is the Club Car 411, an all-purpose vehicle built for campuses. The vehicle is available in three separate configurations.

While Ayro Inc. (AYRO) isn’t profitable quite yet, it’s already worth more than $56 million. Meanwhile, it has increased its cash on hand and decreased its cost of revenue. Some price targets for AYRO show it as high as $5. However, it has been missing its revenue projections by wide margins; it will probably have to get closer to meeting them before investors feel comfortable putting their money in.

Keep reading for more on the best EV stocks under $5. 

EV Stocks Under $5 No. 2 ElectraMeccanica Vehicles

ElectraMeccanica is an EV startup focused on building consumer electric vehicles. So far, it has two vehicles on its website: the SOLO and the eRoadster. The SOLO is available for the reserve and the eRoadster is available for pre-order. The SOLO is a quirky, single-seater vehicle that looks like half (or perhaps two-thirds) of a car. Meanwhile, the eRoadster is an electric car styled to look like the Porsche 356 convertible.

However, given that ElectraMeccanica has only delivered 42 vehicles so far, it shouldn’t be surprising to hear that its stock has had its challenges. The company is worth a little more than $250 million, but things have gone from bad to worse in terms of earnings. It made $298k in Q2 2021; that has slowed to just $110k in Q3 2021. Its net profit margin is nearly -12,000% as a result. The only positive for the moment is it has increased its cash reserves, it has more than $228 million on hand. This is one of the EV stocks under $5 to watch as it looks to complete its production facility in late 2022.

EV Stocks Under $5 No. 1 Lordstown Motors

Lordstown Motors is an electric vehicle manufacturer based in Lordstown, Ohio, and was founded in 2018. It has had a bit of a tumultuous history as it acquired its assembly plant from GM before selling it to Foxconn as it was low on cash. However, Foxconn has said it will produce Lordstown’s Endurance pickup, a four-wheel drive, full-size electric pickup. Plus, the $230 million deal will help Lordstown shore up its cash reserves. As of November 2021, though, Foxconn said it would delay production until Q3 2022.

Clearly, it’s still quite early for Lordstown (RIDE), but the Endurance is an attractive pickup that could do quite well in the U.S. market. Despite having a share price under $4, RIDE has a market cap of over $625 million. There isn’t much report in terms of earnings; the company isn’t yet posting revenue and, thus, there isn’t a profit margin to show. While its cash reserves have declined steadily, the sale of its assembly plant will be a big boost. As such, we could see an increase in its share price over the next year. And this is why many investors are adding it to their list of best EV stocks under $5.

The post 4 EV Stocks Under $5 appeared first on Investment U.

electric vehicle

Author: Bob Haegele

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