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Silver Price Surges Past US$90 to Hit New All-time High

The silver price hit a new all-time high on Wednesday (January 14), rising as high as US$92.20 per ounce.

The white metal’s most recent rise continues a breakout that began on January 9 on a mixed bag of economic uncertainty, rising geopolitical tensions in Venezuela and Iran and underlying industrial demand strength.

Adding fuel to the fire this week are increased expectations for a lower interest environment.

On January 9, the US Department of Justice served the US Federal Reserve with grand jury subpoenas, threatening a criminal indictment over Chair Jerome Powell’s testimony to the Senate Banking Committee this past June.

The event has sparked concerns that US President Donald Trump’s feud with the Fed over interest rates has taken a darker turn, although Trump has denied knowledge of the department’s move.

Powell’s term as Fed chair ends in May, but two years still remain on his term as a governor of the board.

The Fed’s next rate announcement is set for January 28, and CME Group’s (NASDAQ:CME) FedWatch tool shows strong expectations for a hold. That’s despite core consumer price index (CPI) data showing that inflation rose by a lower-than-expected 0.2 percent for December. On an annual basis, core CPI was up 2.6 percent.

Target rate probabilities for January Fed meeting.

Chart via CME Group.

Trump has frequently criticized Powell for not lowering rates quickly enough, and Powell’s replacement, who has not yet been announced, is widely expected to be more in line with Trump’s views.

“We see increased interference with the Fed as a key bullish wildcard for the precious metals in 2026,” Carsten Menke, head of next-generation research at Julius Baer Group, told Bloomberg. He noted that because silver is a smaller market than gold, it typically reacts “more strongly to such concerns.”

Silver price chart, January 6 to 14, 2026.

Silver and its sister metal gold tend to fare better when rates are lower, meaning rate cut expectations coupled with the investigation of Powell and the Fed have helped to stoke prices for the precious metals.

While silver is known for lagging behind gold before outperforming, it’s now ahead in terms of percentage gains — silver is up about nearly 200 percent year-over-year, while gold has risen around 72 percent.

The yellow metal also hit a new all-time high on Wednesday, peaking at US$4,641.40 per ounce.

In addition to rate-related factors, silver’s breakout this year has been driven by various other elements.

As a precious metal, it’s influenced by many of the same factors as gold, but its October price jump, which took it past the US$50 level, was also driven by a lack of liquidity in the London market.

While that issue appears to have resolved, silver remains in a multi-year supply deficit. Tariff concerns and silver’s new status as a critical mineral in the US have also provided support.

In addition to its appeal as a precious metal, silver’s industrial side shouldn’t be forgotten — according to the Silver Institute, the white metal’s ‘global silver industrial demand is poised to grow further as demand from vital technology sectors accelerates over the next five years. Sectors such as solar energy, automotive electric vehicles and their infrastructure, and data centers and artificial intelligence will drive industrial demand higher through 2030.’

What’s next for the silver price?

Time will tell what’s next for silver, but some experts see it continuing to outperform gold in 2026.

‘So is it going to US$100 or US$200? It’s possible. I don’t really care, because … I don’t use either my silver or my gold as speculative vehicles. That’s not what they’re about to me.’

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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Lithium Prices Reach Two-Year Highs as Rally Continues

Lithium prices surged to their highest levels in more than two years this week, extending a sharp rally driven by tightening supply and rising demand.

Benchmark prices for battery-grade lithium carbonate and hydroxide have jumped sharply, with Fastmarkets’ CIF China, Japan and South Korea assessments pushing above US$20,000 a ton.

Spodumene, the lithium-bearing mineral produced by Australian miners, also climbed above US$2,000 a ton for the first time since October 2023.

The rally has prompted brokers to reassess their outlooks. Broker Bell Potter this week lifted its price forecasts for spodumene to US$1,750 a ton by year-end, up 89 percent from its previous estimate of US$925.

While still conservative compared with more bullish projections that expects prices to peak around US$3,250 a ton this year, the upgrade signals a wide shift in sentiment across the sector.

Momentum has been particularly strong in China, where lithium prices jumped after Beijing announced changes to export tax rebates for battery products. The finance ministry said value-added tax rebates on battery exports will be reduced from 9 percent to 6 percent from April and scrapped entirely from January 1, 2027.

While the policy does not directly apply to lithium carbonate, investors expect battery makers to accelerate exports ahead of the deadline, lifting near-term production and, in turn, lithium demand.

That expectation helped push the most-active lithium carbonate contract on the Guangzhou Futures Exchange to its daily limit earlier this week. The contract closed at 156,060 yuan a ton (around US$22,300), its highest level since November 2023 and up more than 160 percent from last year’s lows.

Analysts have also pointed to low inventories in China, now at their weakest levels since mid-2024, which has positioned the market to be increasingly sensitive to shifts in demand.

Activity in derivatives markets also suggests the rally is also drawing in a broader set of participants. The Chicago Mercantile Exchange (CME) said trading volumes in its lithium hydroxide futures reached a record 8,296 tons in the first full week of 2026, surpassing the previous high set in early 2025.

“With the recent surge in spot prices and market activity it’s great to see that volumes are following the price trend,” said Przemek Koralewski, Fastmarkets’ global head of market development. “What a year ago was considered a very strong month, in volume terms, can now be traded in a week, pointing to an increase in available liquidity in the market.”

The rally comes after what analysts widely describe as one of the lithium market’s most punishing periods in recent memory. The sector entered 2026 following a prolonged downturn driven by deep oversupply, weaker-than-expected electric vehicle demand, and sustained price pressure that forced producers to cut output and delay projects.

In 2025, lithium carbonate prices in North Asia fell to four-year lows, reflecting the fallout from years of aggressive capacity expansion. Prices began to recover in the second half of last year as supply discipline tightened and inventories started to draw down.

By late December, lithium carbonate had risen roughly 56 percent from its January 2025 lows. Whether the rally will be sustained will depend on how quickly new supply comes online and whether demand growth meets expectations this year.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Copper Crunch: Demand Could Surge 50 Percent as Supply Falls Short by 2040

S&P Global’s new report, Copper in the Age of AI: The Challenges of Electrification, warns that copper demand could surge 50 percent by 2040, reaching 42 million tonnes as the global push for electrification accelerates.

Supply, however, is projected to fall short, creating a 10 million tonne deficit, roughly 25 percent below demand , even as production peaks at 33 million tonnes in 2030.

The looming shortfall signals major opportunities for investors, but experts caution that production must ramp up now to avoid a deepening supply gap later.

Meeting demand through supply

‘Primary production—mining—remains the irreplaceable foundation of copper supply,’ said Global Head of Critical Minerals and Energy Transition Consulting at S&P Global Energy Eleonor Kramarz.

‘Bridging the impending supply gap depends not only on geology, engineering, and logistics and investment, but also on governance and policies. That translates into timeliness in permitting and consultation, a time clock on litigation and stability in governance and regulation. The alternative is uncertainty, and uncertainty comes at a hefty cost.’

The report added that output from existing mines will keep declining without significant new investment.

Recycling is regarded as the “secondary supply,” but however provides at best only about a third of the total supply by 2040.

Processing also remains critical in this scenario. Smelting and refining capacity is still concentrated in China, accounting for about 40 to 50 percent total capacity or 12 of the 29 million metric tons to be specific.

“(This) geographic concentration amplifies systemic risks and exposes the supply chain to geopolitical shocks.”

“While recycling could possibly meet up to a quarter of total demand by 2040, it cannot close the gap – primary mined supply remains essential,” the report concluded.

Copper and electrification

S&P Global wrote that copper also plays a huge role in meeting the growing requirements of electrification and technologies such as AI and data centers.

It noted that while AI is not creating the largest of copper demand, its requirements highlight the need for expanded electricity supply.

Still, there is a need to hold space for how AI will affect the generation of industrial, commercial, creative and even personal applications that require more electricity.

For data centers, the electricity demand in the US could rise from the current 5 percent to 14 percent by 2030.

“Data centers are electricity-intensive, and their proliferation is driving massive investments in both direct copper use (for power delivery, cooling, and IT infrastructure) and in the electric grid infrastructure that supports them.”

The report illustrated that to meet the global power demand of 2040, the world will need to build the equivalent of roughly 330 Hoover Dams, or over 650 one-gigawatt nuclear reactors each year between now and then.

“Copper is the material enabling this massive growth in power demand – unlocking the age of AI and the electrified future of which it is characteristic.”

A report by Benchmark on annual EV sales revealed that 20.7 million units were sold in 2025, but that the same growth rate of 20 percent “is not expected” to be the same in 2026.

Noting, “manufacturers (will) focus their efforts on the deadline year, 2027.’

In terms of overall demand for copper and how it relates to EVs, S&P Global said that demand for ICE vehicles declines due to the growing share of EVs.

“Construction and machinery continue to be the largest contributors to core economic demand.”

Australia’s copper developments

As a nation, Australia is making moves that relate to copper in terms of demand and investment.

Its Critical Minerals Strategy and Resource Industry Growth Initiative, along with its partnership with Japan, prioritize joint investment and regulatory simplification.

Using public finance bodies such as the Japan Bank for International Cooperation (JBIC) and JOGMEC, Japan is backing Australian projects to secure long-term access to critical minerals, including copper.

Firms such as Lynas Rare Earths (ASX:LYC,OTCQX:LYSDY) and their projects also play a role, assisting in securing stable supplies of rare earths, lithium and copper.

In 2024 and 2025, cooperation under the Japan–Australia Critical Minerals Partnership expanded further, with new processing and infrastructure initiatives announced in Western Australia.

Large-scale infrastructure projects are also adding to future copper demand. One high-profile example is the proposed AAPowerLink subsea cable project, which would connect Australia to Singapore and Indonesia.

If developed as planned, the project could consume tens of thousands of tonnes of copper, highlighting how Australia’s export-focused energy and infrastructure strategy is translating into material demand growth.

Together, these developments underscore how government-backed partnerships and major infrastructure investments are reinforcing Australia’s role as a reliable copper supplier, while creating longer-term opportunities for investors across the copper value chain.

Addressing the basics

The demand for copper arises from the fact that it is essential for the generation, transmission and use of electricity.

The irony is that the metal which enables electrification is having a hard time catching up to the accelerating pace of electrification itself.

While S&P Global did not have policy recommendations, it implied that current policies may be slowing things down.

“Average copper mine takes 17 years from discovery to production, with much time spent on permitting, environmental reviews and community consultations.”

It cited that changing government terms, tariffs and regulatory frameworks are bringing uncertainty to the resource sector, slowing investment and project development.

The report also noted that while mining is the primary driver of supply, it is only a part of the picture. It’s also about what happens to copper when it leaves mines.

The conclusion is that the requirement is for multilateral cooperation and increased regional diversification.

“The future is not just copper-intensive, it is copper-enabled,” S&P Global concluded.

“As electrification and digital intelligence become defining characteristics of global development, copper is indeed an ever-more critical mineral, carrying the electric currents that are connecting, conducting, and catalyzing innovation and economic advance.”

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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Crypto Market Update: US Senate Sets January Clock on Crypto Structure Bill

Here’s a quick recap of the crypto landscape for Wednesday (January 14) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$97,611.39, up by 3.3 percent over 24 hours.

Bitcoin price performance, January 14, 2025.

Chart via TradingView.

Ether (ETH) was priced at US$3,380.29, up by 5.5 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$2.15, up by 0.6 percent over 24 hours.
  • Solana (SOL) was trading at US$147.38, up by 2.7 percent over 24 hours.

Today’s crypto news to know

Senate Committee puts crypto bill on January clock

The US Senate Committee on Agriculture has scheduled January 27 for its markup of a sweeping crypto market structure bill aimed at clarifying regulatory oversight of digital assets.

The bill text is due to be released on January 21, giving lawmakers less than a week to review and propose amendments before the committee vote. Committee Chair John Boozman said the compressed schedule is designed to balance transparency with momentum as Congress looks to reduce regulatory uncertainty.

The agriculture committee plays a central role because it oversees the Commodity Futures Trading Commission, which would gain expanded authority under the proposal.

If approved, the bill would still need to clear the Senate Banking Committee, pass the full Senate and House and ultimately be signed into law. While momentum has improved compared to last year, unresolved disputes remain around stablecoin yield and decentralized finance provisions.

Polygon to acquire Coinme, Sequence for ‘one-stop shop’ payments

Polygon Labs has entered into definitive agreements to acquire Coinme and Sequence, bringing together licensed fiat on- and off-ramps, enterprise wallets and onchain orchestration in one integrated solution.

Coinme provides licensed cash-to-digital at retail locations, while Sequence has the simplified ‘smart wallet’ technology needed to move that money easily. By acquiring these two companies, Polygon believes it is building a “one-stop shop” for moving money, allowing users to turn physical cash into digital money, and vice versa, at over 50,000 retail locations in the US; they can also create a digital wallet using an email or social media account.

In addition to that, Polygon said the acquisition will allow crypto users to send money across the world in seconds, without the need for complicated background steps.

Figure launches OPEN, a blockchain-based stock exchange network

Figure Technology Solutions (NASDAQ:FIGR) has launched a new system called the On-Chain Public Equity Network (OPEN), providing a new way for companies to list and trade shares using blockchain technology.

According to the announcement, OPEN is a new system where official stock ownership is recorded directly on a public blockchain, meaning the blockchain record is the stock, unlike a digital copy. It allows continuous, peer-to-peer trading via a limit order book, eliminating reliance on traditional banks and clearinghouses that close.

Investors can self-custody their stocks in a digital wallet, which aims to reduce fees and costs.

The network also allows shareholders to use their stocks as collateral for borrowing or lending, a role typically held by prime brokers. Figure said it is planning for these blockchain stocks to be ‘exchangeable’ with Nasdaq-traded stocks, ensuring price parity and liquidity across both markets.

Figure is the first company to use OPEN, and is offering some of its own shares to demonstrate the technology’s viability for large-scale public investing.

CleanSpark expands into AI data centers with Texas acquisition

CleanSpark (NASDAQ:CLSK), a company primarily known for Bitcoin mining, announced an expansion to build data centers for artificial intelligence (AI) with the purchase of 447 acres of land in Brazoria County, Texas.

This is its second major land purchase in the area following a similar deal nearby in Austin County.

The company has secured a long-term deal to get up to 600 megawatts of electricity for this new site, enough power to run hundreds of thousands of homes.

While the company is known for mining Bitcoin, it is now using its expertise in building large “computer warehouses” to support the AI boom. These new sites are being designed as AI factories, places filled with powerful computers that process the complex data needed for things like ChatGPT and other advanced tech.

The deal is expected to close in early 2026. Once finished, CleanSpark will have nearly 1 gigawatt of potential capacity in the Houston area, making it a major player in the infrastructure that runs the modern internet.

Strategy’s US$1.3 billion Bitcoin haul lifts price

Bitcoin climbed back above US$95,000 after Michael Saylor’s Strategy (NASDAQ:MSTR) disclosed a US$1.3 billion Bitcoin purchase, its largest single acquisition since July.

The purchase pushed Strategy’s shares up about 7 percent, reinforcing its reputation as a high-beta proxy for Bitcoin. The company now holds roughly US$66 billion worth of Bitcoin at an average purchase price near US$75,000.

Strategy funded the purchase by issuing more than US$1 billion in new shares rather than tapping existing cash.

The rally was reinforced by a surge in institutional demand, with US-listed spot Bitcoin exchange-traded funds recording their strongest single-day inflows since October.

European crypto exchange Bitpanda targets 2026 Frankfurt IPO

European crypto exchange Bitpanda is reportedly preparing for an initial public offering (IPO) in the first half of 2026, with a potential valuation of up to 5 billion euros.

Bloomberg reported that the Vienna-based firm is said to be eyeing a Frankfurt listing, positioning itself in one of Europe’s deepest capital markets. Founded in 2014, Bitpanda has grown into a major retail platform with more than 7 million users and a dominant share of Austria’s domestic crypto trading activity.

The company has reportedly engaged major investment banks to advise on the deal, though it has yet to formally confirm its IPO plans. A Frankfurt listing would align Bitpanda with a broader trend of European firms prioritizing liquidity and investor depth over traditional UK venues

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Mario Innecco: Gold, Silver Breakout — What Record Prices Really Mean

Mario Innecco, who runs the maneco64 YouTube channel, shares his thoughts on the record runs in gold and silver, outlining what these high prices say about the world.

‘This is I think the end of this fiat currency regime,’ he said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Lead Price Forecast: Top Trends for Lead in 2026

Lead prices were volatile in 2025 amid investor uncertainty and factors like tariff threats.

The base metal is primarily consumed by lead-acid batteries, but is also used to produce radiation shielding, weights and, in the defense sector, ammunition. More recently it’s seen increased demand from the electric vehicle (EV) sector as a low-voltage auxiliary power source for lighting, windows and other essential systems.

Because lead isn’t usually mined as a primary metal, its supply is tied to other metals like zinc, silver and copper, making the lead price highly dependent on demand for these other metals — and by extension, fairly volatile.

How did lead perform in 2025?

Continuous contracts for lead on the London Metal Exchange (LME) started 2025 at US$1,921.44 per metric ton (MT) and saw steady upward momentum in Q1, rising as high as US$2,090.48 on March 18.

According to Shanghai Metals Market, lead’s early 2025 rise was supported by the end of the Chinese New Year holiday, as well as increased activity in the supply chain, which led to a limited increase in demand for lead ingot purchases. This activity coincided with destocking of lead inventories in western markets, which further fueled the price.

Lead continued to trade above US$2,000 for the remainder of March, but the start of April saw its price floor fall out — the metal hit its 2025 low of US$1,829.75 on April 9 amid a broader rout in commodities markets. This came after US President Donald Trump’s “Liberation Day” tariff announcement on April 2.

LME lead price, 2025.

Chart via the LME.

Shanghai Metals Market notes that the tariff announcement came during the traditional off season for lead, with battery producers reducing production and weakening overall demand for the metal.

However, the lead price had rebounded as of the end of April, with rising demand driving down inventories in downstream industries. By the end of Q2, lead was once again trading above US$1,900.

Trade concerns remained present, and although lead ultimately wasn’t included in reciprocal tariffs, considerable uncertainty dampened sentiment during the metal’s normally peak August-to-September period.

During the year’s third quarter, a significant 45,150 MT delivery to LME warehouses in November pushed total volume to 266,125 MT, leading to a collapse in the lead price amid oversupply concerns.

Lead stabilized in the US$1,930 to US$2,050 range as the year drew to a close, spiking to US$2,078.84 on November 12 and to US$1,910.48 on December 12.

What trends will move the lead market in 2026?

According to the International Lead and Zinc Study Group (ILZSG), global demand for refined lead is expected to increase by 0.9 percent to 13.37 million MT in 2026 after rising 1.8 percent in 2025.

In an October report, the organization projects a 6.6 percent rise in US lead demand for 2025, driven by higher domestic battery production. The ILZSG is also expecting greater 2025 lead usage in the Czech Republic, Germany, Poland and the UK, with a 1.8 percent gain in demand across the European Union.

However, a rise in Chinese demand in the first half of 2025, supported by a government trade-in policy for cars and e-bikes, was offset by lower exports of lead-acid batteries, which fueled demand growth of just 0.9 percent.

Many of these same factors are expected to carry over into 2026, with gains in Europe, Vietnam and the US expected to be offset by a forecast 1.7 percent decrease in Chinese demand.

On the supply side, mining output is expected to increase 2.2 percent to 4.67 million MT in 2026, with a 2.5 percent rise from Chinese operations, along with further gains from Europe and output recoveries in Australia and the US.

Refined supply is forecast to increase by 1 percent to 13.47 million MT over the next year, with gains from smelters in Brazil, India and Kazakhstan partially offset by lower production in China and the UK.

Overall, the ILZSG is expecting the lead surplus to grow to 102,000 MT in 2026.

Lead price forecast for 2026

According to a report from market intelligence firm Mordor Intelligence, lead-acid batteries are set to see increasing demand from data centers and 5G applications, where they are used as back-up power systems. The firm is calling for a 0.4 percent compound annual growth rate (CAGR) over the next two to four years.

In terms of EV sector demand, Mordor sees a 0.3 percent CAGR over the next two years as low-speed EVs like rickshaws and golf carts gain greater uptake in emerging markets in Southeast Asia.

Lead’s supply side could be affected by changing dynamics in the silver market.

In a December 12 article, Fastmarkets notes that a high silver price is prompting producers to accelerate project development timelines, pointing to Silver Mountain Resources’ (TSXV:AGMR,OTCQB:AGMRF) Reliquias project, which is expected to enter commercial production in Q3 2026.

As far as 2026 goes, Fastmarkets is expecting balance in the refined lead metal market, with little supply growth and the price rangebound at around the US$2,000 mark.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

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Golconda Gold Announces Appointment of New General Manager for the Summit Mine

Golconda Gold Ltd. (‘Golconda Gold’ or the ‘Company’) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that Alan Linden has been appointed as the General Manager of the Corporation’s Summit mine, located in New Mexico, United States.

Alan Linden has over 35 years’ experience as a Mining Engineer and Project Manager with a focus on underground mining and mine restart and expansion projects. Most recently working for a large multi-national mining contractor, Alan has spent the majority of his career working in the United States and Canada and will be based at the Summit mine. Alan is a Professional Engineer and has a Mining Engineering degree from Queens University in Ontario, Canada.

‘I am very pleased to welcome Alan as the General Manager of our Summit mine, which we are targeting a re-start of in the second quarter of 2026. Alan’s extensive experience in underground mining and project restarts and expansions will be invaluable to the Company as we start up operations at Summit. We are excited about the commencement of production at Summit, bringing a second operating asset in a tier 1 jurisdiction into the Company and adding significant exposure to silver going forward’ commented Ravi Sood, Chief Executive Officer of Golconda Gold.

About Golconda Gold

Golconda Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. Golconda Gold is a public company and its shares are quoted on the TSX Venture Exchange under the symbol ‘GG’ and the OTCQB under the symbol ‘GGGOF’. Golconda Gold’s management team is comprised of senior mining professionals with extensive experience in managing mining and processing operations and large-scale exploration programmes. Golconda Gold is committed to operating at the highest standards, focused on the safety of its employees, respecting the environment, and contributing to the communities in which it operates.

Cautionary Notes

Certain statements contained in this press release constitute ‘forward-looking statements’. All statements other than statements of historical fact contained in this press release, including, without limitation, those statements regarding the Company’s intention to restart the Summit mine in the second quarter of 2026, the Company’s expected exposure to silver, and the Company’s future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words ‘believe’, ‘expect’, ‘aim’, ‘intend’, ‘plan’, ‘continue’, ‘will’, ‘may’, ‘would’, ‘anticipate’, ‘estimate’, ‘forecast’, ‘predict’, ‘project’, ‘seek’, ‘should’ or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements.

Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s management’s discussion and analysis for the year ended December 31, 2024. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

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.

For further information please contact:
Ravi Sood
CEO, Golconda Gold Ltd.
+1 (647) 987-7663
ravi@golcondagold.com
www.golcondagold.com

News Provided by GlobeNewswire via QuoteMedia

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Altech Batteries LtdSilumina Anodes R&D Lab Repositoned to Germany

Perth, Australia (ABN Newswire) – Altech Batteries Ltd (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) announced that in order to maximise support for its Silumina AnodesTM pilot plant in Saxony, Germany, the R&D laboratory will be transferred from Perth to Germany and repositioned. This is anticipated to provide operational, R&D and cost benefits to the Company.

Highlights

– The Silumina AnodesTM pilot plant is constructed and operated at Altech’s premises in Saxony, Germany

– Strategic decision to transfer the R&D laboratory from Perth to Germany

– Location of laboratory and pilot plant in close proximity anticipated to benefit R&D testwork, the operation of pilot plant as well as provide cost benefits

– Appointment of new German based Chief Technology Officer (previous employee of Fraunhofer Institute)

The Silumina AnodesTM battery materials project involves game changing technology incorporating highcapacity silicon into lithium-ion batteries. Through in house R&D, the Company has cracked the ‘silicon code’ and successfully achieved a 30% higher energy battery with improved cyclability or battery life. Higher density batteries result in smaller, lighter batteries and substantially less greenhouse gases, and is the future for the EV market.

Altech has signed non-disclosure agreements with world leading automobile companies in Germany and the USA to supply commercial samples of the Silumina AnodesTM material for the prospective customers for in-house testing.

In conjunction with the repositioning of the R&D laboratory, Altech is pleased to announce that it has appointed German based Dr Luise Bloi as its new Chief Technology Officer. Dr Bloi has a Master of Science (M. Sc.) in Chemistry and has completed her PhD studies in Chemistry on ‘Carbon-based Anodes for Lithium All Solid-State Battery Concepts’. Dr Bloi has collected broad experience in the battery field working with Skeleton Technologies, ACC Automotive Cells Company and as a previous employee of the Fraunhofer Institute, Altech’s joint venture partner in the CERENERGY(R) Sodium-Chloride Solid-State (SCSS) battery project.

About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

Source:
Altech Batteries Ltd

Contact:
Daniel Raihani
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

News Provided by ABN Newswire via QuoteMedia

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Nine Mile Metals Announces Upsizing of LIFE Offering

Nine Mile Metals Ltd. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) (‘Nine Mile’ or the ‘Company’) is pleased to announce that, due to strong investor demand, it has upsized the listed issuer financing exemption offering previously announced on January 5, 2026 (the ‘Offering’) from gross proceeds of up to $4 million to gross proceeds of up to $6.2 million

Each Unit is comprised of one (1) common share of the Company (a ‘Common Share‘) and one (1) common share purchase warrant of the Company (a ‘Warrant‘), with each Warrant exercisable into one (1) Common Share at a price of $0.30 for a period of two (2) years, subject to the acceleration provision disclosed herein.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45- 106 – Prospectus Exemptions (‘NI 45-106‘), the Units will be offered for sale to purchasers resident in all provinces of Canada, other than Quebec, and/or other qualifying jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘Listed Issuer Financing Exemption‘). The Units issued to Canadian resident subscribers under the Listed Issuer Financing Exemption, and the Common Shares and Warrants underlying the Units, will not be subject to a hold period pursuant to applicable Canadian securities laws.

The Offering is expected to close on or about January 19, 2026 (the ‘Closing Date‘), or such other date as the Company may determine, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals.

The Company may pay finder’s fees in connection with the Offering comprised of cash equal to 8% of the gross proceeds of the Offering and finder warrants (the ‘Finders Warrants‘) equal to 8% of the number of Units issued under the Offering. Each Finders Warrant will be exercisable for one (1) additional Unit at a price of $0.19 for a period of two (2) years. Each Unit is comprised of one (1) Common Share and one (1) Warrant. Each Warrant entitles the holder thereof to acquire one (1) Common Share at a price of $0.30 for a period of two (2) years. The Finders Warrants will be subject to a statutory hold period in Canada of four (4) months and one (1) day after the date of issuance.

Following the Closing Date, if the daily volume-weighted average trading price of the Common Shares on the CSE equals or exceeds $0.50 at the close of any trading day for ten (10) consecutive trading days, the Company may, at its discretion, accelerate the expiry date of the Warrants by providing not less than thirty (30) days’ notice to Warrant holders via press release.

The Company intends to use the proceeds of the Offering for (i) exploration activities and related expenses on its critical minerals projects in the Bathurst Mining Camp; and (ii) general and administrative obligations.

In connection with the upsizing, the Company has filed an amended and restated offering document related to the Offering and the use by the Company of the Listed Issuer Financing Exemption under the Company’s profile on SEDAR+ and has also made it available on the Company’s website. Prospective investors should read the amended and restated 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 any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) or any state securities laws and may not be offered or sold within 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 Nine Mile

Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.

ON BEHALF OF Nine Mile Metals LTD.,

‘Patrick J. Cruickshank, MBA‘
CEO and Director
T: 506-804-6117
E: patrick@ninemilemetals.com

Cautionary Statement Regarding Forward-Looking Information

This news release contains certain ‘forward-looking information’ within the meaning of Canadian securities legislation, including, but not limited to, statements regarding the Company’s plans with respect to the Company’s projects and the timing related thereto, the merits of the Company’s projects, the Company’s objectives, plans and strategies, the Offering, the listing of the Common Shares on the CSE, the use of proceeds of the Offering and other matters. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘intends,’ ‘estimates,’ ‘projects,’ ‘aims,’ ‘potential,’ ‘goal,’ ‘objective,’, ‘strategy’, ‘prospective,’ and similar expressions, or that events or conditions ‘will,’ ‘would,’ ‘may,’ ‘can,’ ‘could’ or ‘should’ occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of 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. Except to the extent required by applicable securities laws and the policies of the CSE, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other agency or governmental clearances, necessary to carry out the Company’s exploration plans, risks of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval + (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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/280277

News Provided by Newsfile via QuoteMedia

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