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Hyperion Metals increases Tennessee land position at Titan Project by 78%

Special report: The company’s land consolidation strategy has rapidly grown its landholdings by 419% from its initial 2,100-acre position in … Read…

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This article was originally published by Stockhead

The company’s land consolidation strategy has rapidly grown its landholdings by 419% from its initial 2,100-acre position in September 2020.

Hyperion Metals has increased its land position at the Titan Critical Minerals Project by 78% in west Tennessee, USA by 4,794 acres to 10,905 acres, enabling further growth in the resource.

Since September 2020, Hyperion (ASX:HYM) has grown its landholding by 419% from its initial 2,100 acre position.

These new landholdings include mineral rights contiguous to the recently reported mineral resource estimate at the Titan Project of 431mt at 2.2% THM, which established the project as the largest titanium, zircon, and rare earth minerals project in the US.

Hyperion has also acquired land positions over greenfield locations up to 80km from the Titan Project, with planned exploration work on these properties to help guide future land consolidation.

‘Compelling combination of scale and grade’

HYM managing director and CEO Anastasios Arima said Titan has a “compelling combination of scale, grade, high value critical mineral products, low-cost inputs, world class infrastructure and location” and looks forward to rapidly advancing the critical mineral project.

“We are also highly appreciative of the deep support we have received from the local west Tennessee community that will help us to establish zero carbon, sustainable, critical material supply chains for advanced American industries,” he said.

Major automotive, battery and chemical operations near the Titan Project. Pic: Supplied.

The company says its landholdings benefit from significant cost advantages due to the location and proximity to low cost, world-class infrastructure. That’s expected to provide material cost and logistics advantages compared to projects located in more remote areas.

These factors have contributed to a huge amount of recent investment in Tennessee, highlighting the region as a leading jurisdiction for business, including by major auto manufacturers Ford and Volkswagen, world leading battery producers LG Chem and SK Innovation, as well as major chemical organisations and end users including Chemours.

 


 

 

This article was developed in collaboration with Hyperion Metals, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post Hyperion Metals increases Tennessee land position at Titan Project by 78% appeared first on Stockhead.


Author: Special Report

Energy & Critical Metals

Bolstering Bull Case, XPeng’s Impressive Delivery Numbers Are No Surprise

Automaker XPeng (NYSE:XPEV) is leading the electric vehicle market with strong fundamentals and impressive delivery numbers. The strong delivery numbers…

Automaker XPeng (NYSE:XPEV) is leading the electric vehicle market with strong fundamentals and impressive delivery numbers. The strong delivery numbers show the strong demand for EVs in the thriving market and it is a positive for all EV makers. XPEV stock is up 14% in the past six months and went from $38 in June to $55 in November.

Source: Andy Feng / Shutterstock.com

Now exchanging hands at around $47, its got some room between current levels and the all-time high of $60 a share but it won’t be long for the company to hit another all-time high.

Let’s dig deeper into the impressive fundamentals and delivery numbers of XPeng.

Strong Deliveries Stoke XPEV Stock

EV makers may have struggled for semiconductors in the recent past but they are now getting enough to build the cars. XPeng reported November deliveries at 15,613, which is a 270% rise from the same quarter the previous year. The deliveries are much higher than those reported by rival EV makers.

In September, XPeng reported delivering 10,412 vehicles, which was a new record at that time. The company has made another record by delivering 15,000 cars last month. Rival Nio (NYSE:NIO) delivered 10,878 cars in the month.

XPeng expects deliveries of about 34,500-36,500 vehicles in the quarter after delivering 10,138 in October and 15, 613 in November. This means it will have to deliver close to 10,700 vehicles in December to meet the expectations. The current picture of the company shows that it will be able to meet the projections and may report a significant increase in the revenue numbers.

Further, in the third quarter, the company beat analyst estimates and reported a loss of 15 cents a share on sales of $888 million. It delivered 25,666 vehicles in the quarter, which is up 199% from the same quarter the previous year. The gross margin was 14.4% and the vehicle margin, which is the gross profit of vehicles sales was 13.6%.

G9 Ready to Go Global

XPeng recently launched G9 which is a smart SUV. G9 is equipped with designs and characteristics that are ideal for the international market.

The car has international safety design standards which means the company is eyeing the international market and is looking for global expansion. It will be the first car to have X-EEA 3.0 electrical architecture and XPILOT 4.0 driver assistance system. It is the company’s proprietary advanced driver assistance system.

With this car, XPeng will be able to showcase its technology and strong power. The car is only a glimpse into the future. How the car performs in the International market will speak a lot about the future expansion plans of the company.

Interestingly, XPeng not only managed to handle the semiconductor chip shortage well but also launched a brand new car while many other EV makers were struggling to meet the production demands. This makes a solid case for XPEV.

The Bottom Line on XPEV Stock

I think XPeng is in a growth stage and it has a long way to go. The EV market is growing at a rapid pace and EV makers will have to make strong, well-timed moves to meet the demand. XPeng has consistently proved its strength with impressive delivery numbers and will continue to do so in the coming year.

All in all, the company has strong fundamentals and a solid product range that meets the demands of users. 2022 will see the company entering new markets with its stylish new model, G9. There are several catalysts working in favor of XPeng and it will take the stock higher after the fourth-quarter results.

XPeng has been gaining ground in the competitive industry and I believe it will impress investors in the next quarter. XPEV stock has massive potential to grow and it could hit a new high in 2022.

On the date of publication, Vandita Jadeja did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Vandita Jadeja is a CPA and a freelance financial copywriter who loves to read and write about stocks. She believes in buying and holding for long-term gains. Her knowledge of words and numbers helps her write clear stock analysis.

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Author: Vandita Jadeja

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Energy & Critical Metals

Auroch discovers Nepean lithium in Kalgoorlie

Special Report: Auroch Minerals has uncovered a hidden and potentially rich secret after finding lithium mineralisation at its Nepean nickel … Read More
The…

Auroch Minerals has uncovered a hidden and potentially rich secret after finding lithium mineralisation at its Nepean nickel project.

One of the Goldfields’ historic nickel mines, Nepean is the latest to reveal its surprise turn as a lithium domain after regional sampling of pegmatite veins by Auroch (ASX:AOU) revealed grades of 1.05% Li.

A number of locales in the rich mining area around Kalgoorlie host significant lithium deposits as rising demand makes the commodity one of the most sought after in the world.

Auroch picked up Nepean for its historic success in delivering high grade nickel sulphides dating back to the nickel boom of the late 1960s. But evidence of lithium on its ground adds another string to AOU’s battery metals bow.

It is now planning to reassay samples from RC holes near the pegmatite for lithium-caesium-tantalum mineralisation.

“The assay results have confirmed that the Nepean tenure hosts significant potential for LCT mineralisation, particularly for lithium,” Auroch managing director Aidan Platel said.

“We are excited by this prospect and have already commenced work on understanding the orientation and extent of the LCT -bearing pegmatites.

“Further mapping is required to better define the surface expression of the veins, whilst sampling of pegmatites intersected in nearby drill-holes may provide us with an understanding of the pegmatites in 3D space.”

The results come from field investigations assessing the LCT potential of the northern part of the Nepean tenure, where outcropping and sub-cropping pegmatites to the north and east of the third-party Lepidolite Hill and Londonderry pegmatite mines were given priority.

Samples were collected from float, sub-crop and outcrop in five locations.

More fieldwork will be undertaken to map and define the pegmatites, with reassaying of RC holes located close to the rock chip samples along with core samples containing pegmatite  from the first Nepean Deeps drillhole, both of which are still pending.

Auroch Minerals
Holes near the rock chip samples will now be reassayed for LCT mineralisation. Pic: Auroch Minerals

Nepean Deeps complete

Auroch has also completed the second, 754m deep, drill hole into the Nepean Deeps target, testing conductors beneath and to the west of historic workings at the Nepean mine.

Hole NPDD013 successfully intersected 12.5m of disseminated and matrix to semi-massive nickel sulphides from 576.8m, within a 76.15m intersection of ultramafics from 534.65m to 610.80m downhole.

It is interpreted to be the underexplored Sill 1 ultramafic directly west of the Nepean mine sequence.

Nickeliferous sulphides were intersected just below and are believed to be the cause of down-hole electromagnetic conductor 1A/1B, the uppermost of three DHEM targets identified by the first Nepean Deeps drill-hole, NPDD008.

While Auroch waits for assays, the diamond drill rig is moving to test regional targets.

“On the nickel sulphide front, the drill rig completed diamond hole NPDD013 to a depth of 754.45m, and assays are pending,” Platel said.

“The rig has moved to drill exciting targets at the Little Eagle, Spoonbill and Cormorant Prospects before the drilling campaign finishes for 2021, with the Nepean Deeps drill programme to recommence in the new year.”

Busy holiday season for Auroch

Auroch has a number of exploration activities upcoming to keep news flow coming over the festive season, with that regional drill program and an induced polarisation under way at Nepean.

Metallurgical test work results on the shallow high-grade nickel sulphide mineralisation proximal to the historic Nepean nickel mine workings are also expected in early January.

Assay results on the pegmatite samples from Nepean Deeps hole NPDD008 and the nickel sulphide samples from NPDD013 are expected this month.

Outside of Nepean Auroch expects to complete a diamond drill programme at the Ragless Range zinc prospect in the Arden Project this month, with infill and extensional diamond drilling at the Saints nickel project north of Kalgoorlie to start in early January.

A scoping study for Saints is due to be completed in the March Quarter.

 


 

 

This article was developed in collaboration with Auroch Minerals, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post Auroch discovers Nepean lithium in Kalgoorlie appeared first on Stockhead.






Author: Special Report

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Energy & Critical Metals

Watch: YouTuber Straps Rocket Engines To Tesla Model S

Watch: YouTuber Straps Rocket Engines To Tesla Model S

Tesla CEO Elon Musk tweeted in 2018 that a future Tesla Roadster will have a "SpaceX…

Watch: YouTuber Straps Rocket Engines To Tesla Model S

Tesla CEO Elon Musk tweeted in 2018 that a future Tesla Roadster will have a “SpaceX option package” with “10 small rocket thrusters arranged seamlessly around the car” to improve performance. More than three years later, there is still no Roadster that we’ve seen. However, YouTuber Warped Perception couldn’t wait any longer, so he built his own. 

Warped Perception mounted three miniature jet engines on the back of his Tesla Model S P85 electric vehicle, right below the spoiler, in a neutral pressure zone. He said the placement of the engines allows them to be ignited anytime and avoid damage from windmilling. 

In the first test, he flipped the jet engines to full thrust while cruising in neutral down a highway. He was able to record the speed of the Tesla incrementally climbed. 

The second test was a series of 0-60 mph launches. Under electric power, the car achieved 0-60 mph time of 4.38 seconds. He shaved off an entire second at 3.32 seconds with thrusters engaged under full electric power. 

Warped Perception believes with some more fine-tuning, he could make the Tesla run in the low 2 seconds on a 0-60 mph launch.

Tyler Durden
Tue, 12/07/2021 – 21:45

Author: Tyler Durden

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