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US President Donald Trump’s suggestion that Ukraine should recognize Russia’s control over Crimea, the southern Ukrainian peninsula that Moscow annexed more than a decade ago, is threatening to upend international law and order.

Ukraine’s President Volodymyr Zelensky has long made it clear this is a red line for him.

“There is nothing to talk about. It is against our constitution,” he told reporters on Tuesday.

Trump scolded Zelensky for that remark, accusing him of making it “so difficult to settle this war” and saying Crimea was “lost years ago.” It is a topic Trump revisited in an interview with Time magazine, saying as part of his proposal to end the war “Crimea will stay with Russia. And Zelensky understands that, and everybody understands that it’s been with them for a long time.”

This spat between the two presidents has put the region firmly back on the agenda. Here’s what we know.

Is this legal?

No. If the Trump administration was to somehow recognize Russian sovereignty over Crimea, it would be breaching international law as well as multiple declarations and agreements made by the United States, including by the first Trump White House.

“In terms of international law, such a pronouncement would be null and void,” said Sergey Vasiliev, an international law expert and professor at the Open University in the Netherlands.

Recognizing Crimea as part of Russia would put the Trump administration in breach of the 1994 Budapest Memorandum, in which the US made a commitment to respect Ukraine’s sovereignty and borders, in exchange for Kyiv giving up its nuclear weapons.

In 2018, during the first Trump administration, then-Secretary of State Mike Pompeo issued a statement reaffirming the US’ refusal to recognize the Kremlin’s claims of sovereignty over Crimea.

Carla Ferstman, a law professor at Essex University and director of its Human Rights Centre, said that recognition of Russia’s sovereignty over Crimea by the US “could in principle provide some weight” to Moscow’s claim that the peninsula’s status was decided in a 2014 referendum that was condemned by Western powers as a sham.

“Far more likely, however, is that such a declaration creates a further rift between Europe and the US, and within NATO,” she said.

Recognizing Crimea as Russian would also be illegal under Ukraine’s constitution – which is one of the reasons why Zelensky said it was out of the question.

But Vasiliev said that even if Ukraine changed its constitution and signed some sort of agreement handing sovereignty of Crimea to Moscow, this could be considered invalid if Kyiv was coerced into it.

What would it mean in practice?

Since any recognition of Crimea as part of Russia would be in breach of international laws and norms, it is unlikely that other countries would follow in the US’ footsteps.

“Given the fluidity of US positions under the Trump administration, it is not clear that it would have any practical impact,” Ferstman said.

“If this manifested into a clear and permanent position of the US, then it would make it more difficult for the US to engage in collective efforts in support of Ukraine and would make the gulf between the US and other NATO partners more entrenched,” she added.

Why is Crimea so important to Ukraine?

Crimea has been part of independent Ukraine since the country split from the Soviet Union in 1991.

Roughly 2.5 million people lived in Crimea before its illegal annexation in 2014 and many more would regularly visit the tourist hotspot, known for its beaches and nature reserves.

Many other Ukrainians have emotional links to the peninsula.

How did Russia annex Crimea?

The crisis in Crimea started shortly after the 2014 mass protests in Ukraine that toppled the country’s Russian-backed regime of Viktor Yanukovych.

As the nation grappled with the chaos caused by the Maidan protests, Russian soldiers dressed as civilians or in uniform without identifying insignia – at the time referred to as “little green men” – started popping up outside government buildings and military bases across Crimea.

Russia has had a major naval base in the Crimean port city of Sevastopol for over 200 years. A dispute over that facility and the Black Sea fleet stationed there erupted between Kyiv and Moscow after the fall of the Soviet Union. The argument was later settled in a deal that saw Ukraine leasing the base to Russia in exchange for stable gas prices.

While Moscow denied any involvement in the appearance of the little green men in Crimea, it held a sham referendum on joining Russia just weeks after the covert operation. Putin would later acknowledge he had deployed Russian troops there.

Did Ukraine fight for Crimea?

In his latest tirade against Zelensky, Trump asked “why didn’t they fight for it eleven years ago when it was handed over to Russia without a shot being fired?”

The truth is more complicated than Trump suggests.

The Russian operation took Ukraine – and much of the world – by surprise. Russia spent weeks covertly beefing up its military presence across the peninsula before taking control, overpowering the Ukrainians.

Moscow says Crimea was always Russian. Is that true?

No. Before the annexation, Crimea was part of independent Ukraine, known as the Autonomous Republic of Crimea, the only self-governing region within unitary Ukraine.

The peninsula voted for Ukrainian independence in a referendum in 1991. Before that, it was part of the Soviet Republic of Ukraine.

And while it’s true that Crimea was part of Russia for more than a century and a half – since it was annexed by Catherine the Great in 1783 until it was transferred to Ukraine in 1954 – this period is a relatively short blip in Crimea’s long written history, which dates back to 1,000 BC.

Over the course of the millennium, the peninsula was part of the Greek, Roman, Byzantine and Ottoman empires, it was invaded by Mongols and fought over by Venice and Genoa.

For some 300 years, Crimea was under the control of Crimean Tatars, who are recognized as the peninsula’s indigenous people. After the 18th-century Russian annexation, the Tatar population lived through more than two centuries of persecution and exodus.

What has happened since?

Russia has imposed an increasingly brutal and repressive regime on Crimea and its people over the past 11 years, human rights observers say.

The UN Human Rights Monitoring Mission in Ukraine has repeatedly reported on the human rights violations allegedly committed by Russia in occupied Crimea – from unlawful detentions, to sexual abuse and torture, to forcing people to send their children to Russian schools and training programs.

Russia has repeatedly denied accusations of human rights abuses, despite substantial evidence and victim testimonies.

According to official data from the Ukrainian government, more than 64,000 have fled the peninsula to other parts of Ukraine since the annexation. However, Crimean NGOs estimate the number of refugees might be twice as high, as not everyone has officially registered with the government.

Meanwhile, Moscow has worked on its plan to “Russify” the peninsula. It put in place incentives to persuade Russian citizens to relocate to Crimea and the Ukrainian government estimated in 2023 that some 500,000 to 800,000 Russians had moved there permanently since it was annexed, with the number jumping sharply after the opening of the Kerch bridge that connects Crimea to Russia.

This post appeared first on cnn.com

U.S. spirit exports reached a record $2.4 billion in 2024, driven in large part by tariff concerns and ongoing global trade disputes.

That is according to the American Spirits Exports report published by trade association the Distilled Spirits Council of the United States on Thursday.

“U.S. spirits exports hit a new high in 2024, recapturing lost market share since the UK and EU lifted retaliatory tariffs that were applied between 2018-2021,” said DISCUS President and CEO Chris Swonger. “Unfortunately, ongoing trade disputes unrelated to our sector have caused uncertainty, keeping many U.S. distillers on the sidelines and curtailing sales growth.”

U.S. spirits exports to the EU surged by 39%, fueled by concerns over the potential return of a 50% tariff on American whiskey imports in 2025, which was suspended in 2022.

In March, Trump threatened to put 200% tariffs on French Champagne and other EU spirits, which led European world leaders — specifically from Ireland, France and Italy — to advocate for bourbon tariffs not to return as part of retaliatory measures.

The threat of that specific tariff has faded somewhat as the U.S. and EU continue trade negotiations.

Approximately 50% of U.S. spirits were exported to the EU — totaling $1.2 billion — making it the largest export market.

Exports to the rest of the world, however, declined by nearly 10%, the report found, which reflects the broader softening alcohol category.

Suntory Beam, the Japanese maker of Jim Beam bourbon whiskey, said in December it was preparing for tariffs by stockpiling supply in Europe. The company is already heavily reliant on France and the United Kingdom, which make up over 50% of its global exports market over the last eight years, according to global trade data from Panjiva.

Several of the top states for exports in 2024 are significant bourbon economies, according to the report.

Still, American whiskey exports, which accounted for 54% of all U.S. spirits exports, dipped 5.4% to $1.3 billion.

Swonger said that while outlook for spirits remains highly unpredictable with ongoing trade disputes, one fact rings true in the data: Exports go to countries that have eliminated tariffs.

“We are thankful for President Trump’s early success in securing India’s reduction of its tariff on Bourbon from 150% to 100%,” Swonger said. “It’s our hope that the administration builds on this positive momentum by securing additional tariff reductions in India and reducing trade barriers in other countries.”

Headwinds remain for the industry. Canada, the second largest market for U.S. spirits exports, imposed a 25% tariff in on alcohol coming over the border in March, and several provinces have removed product from shelves.

Distiller and brewers also face steel and aluminum tariffs that impact materials costs for brewers like Constellation Brands, which lowered long-term 2027 and 2028 guidance significantly around “the anticipated impact of tariffs.”

This post appeared first on NBC NEWS

A senior Russian general has died in a car blast in the Russian city of Balashikha on Friday morning, according to authorities.

Yaroslav Moskalik, deputy head of the Main Operations Directorate of the General Staff of the Russian Armed Forces, was killed in the explosion of a Volkswagen Golf, Russia’s Investigative Committee said in a statement.

The blast was caused by an improvised explosive device packed with shrapnel, it added.

The Investigative Committee said it has opened a criminal probe into the case. It added that an investigative team, including forensic experts and law enforcement officers, had begun examining the scene in Balashikha, which lies less than 20 miles east of Moscow.

Russian state news agency Tass earlier reported that an explosive device had blown up a car in the city, citing emergency services. Tass reported that the device was “homemade.”

Friday’s reported blast comes two days after a fire broke at an underground car park in Moscow’s business district following an explosion there.

This post appeared first on cnn.com

Pope Francis never returned to his native Argentina after he became head of the Roman Catholic Church. But some of the faithful here believe he sent a final message home, in the unlikeliest but perhaps most appropriate of ways.

Francis was a lifelong soccer fan — and occasional youth goalkeeper — and a card-carrying member of his favorite club, San Lorenzo.

And it’s the number on that card that’s become the talk of Buenos Aires.

“It has to be destiny,” said Ramiro Rodríguez, who arrived wearing a rosary over his team shirt at a small chapel that’s the spiritual birthplace of the club, for a Mass to celebrate the life of Francis.

The number that’s causing the stir is assigned to “regular member” Jorge Mario Bergoglio, the Pope’s birth name: 88235.

And as person after person has pointed out, Francis was 88 when he died, at 2:35 a.m. Argentina time on Easter Monday.

For Rodríguez, it was another otherworldly, even divine, connection.

“I went to the Vatican in 2019 and I wore my San Lorenzo (jersey), of course,” Rodríguez, 23, said. “I didn’t see him, but I knew he was there with all his energy and healing the world and that’s very significant to me.”

In a preface the late Pope contributed for an upcoming book by Cardinal Angelo Scola, he left an eloquent message about ageing and dying. “Death is not the end of everything, but the beginning of something,” he wrote.

Talking to those who knew him well, it seems likely he would also have appreciated the warmth and good nature of the desire to see a meaning in his soccer club membership number.

Omar Abboud knew how quick-witted his friend he still knew as Jorge was and how much he enjoyed a joke, but never at anyone else’s expense.

“He has a different kind of humor,” Abboud said of the Pope, “a kind of joke that was with the people, not over the people. He has an intelligent, smart humor.”

Abboud, a prominent Muslim leader in Argentina, formed The Institute of Interreligious Dialogue with then-Cardinal Bergoglio and Rabbi Daniel Goldman in 2002. They visited each other’s communities and regularly held meetings and public exchanges to break down barriers between faith groups.

Abboud said he last visited the Pope in January, when the two spoke of artificial intelligence and how it could be regulated. He said he learned much from his friend Jorge and their discussions about literature and sacred texts. And he’s just beginning to talk about him in the past tense.

“He used to be a good friend, we need him. Really, words are not enough,” he said, his voice trailing off.

Francis is on the minds of everyone we meet — from his friends to people who admired him from afar, to those to whom he had ministered.

Flowers and messages are left in tribute at his childhood home, a square where he once played kickabout with other kids, and the church where he heard the call from God to join the priesthood. That church, the Basílica de San José de Flores, has an engraving marking the date when Francis received his vocation, while in the confessional — September 21, 1953.

So many candles have been burned to honor Francis that the steps of the Metropolitan Cathedral are covered with wax.

Seven days of official mourning were declared to honor Francis in Argentina, but they won’t all be filled with sadness.

The Mass held at San Lorenzo’s chapel ended more as a pep rally and there will be another crowd for the soccer team’s next match on Saturday, a few hours after Francis is laid to rest in Rome.

The team will wear commemorative jerseys to honor the late pontiff, and there is talk a new stadium will bear the name “Papa Francisco.” In a sign of his humility, Francis once wrote he didn’t much like that idea.

A Swiss Guardsman used to keep Francis updated on match scores and San Lorenzo’s progress by leaving notes on his desk; the Pope has said he had not watched television — barring seismic events like 9/11 — since 1990.

Francis said his love for sport was not only for the competition — and San Lorenzo is only one of several teams in soccer-mad Buenos Aires, the capital of soccer-mad Argentina, whose men are the current World Cup champions — but for the participation.

He believed sports, especially team games, get young people away from their screens and shuttered virtual lives and teach them to be out in the world.

The club may have lost Regular Member 88235 but Buenos Aires will remember him.

A homemade flag at the cathedral linked Francis and San Lorenzo with a simple phrase that seems to apply to Buenos Aires today: “Mis Dos Amores,” my two loves.

Francis reciprocated that love, writing in his book “Hope:” “My homeland, for which I continue to feel just the same great, profound love. The people for whom I pray every day, who formed me, who trained and then offered me to others. My people.”

In Flores, the working-class neighborhood where Francis lived and worked, a woman left a note outside his childhood home.

It read: “You were one of us — an Argentine — and a gift to the world.”

This post appeared first on cnn.com

Moscow has inflicted another round of deadly strikes on Ukraine despite US President Donald Trump’s plea for Russian President Vladimir Putin to “STOP!” attacking its neighbor.

At least eight people were killed in drone strikes across the country, a night after Russia launched its deadliest bombardment of Ukraine since the middle of last year.

A drone attack on the eastern city of Pavlohrad on Friday killed three people, including a 76-year-old woman and a child, and injured 10 others, Dnipropetrovsk Governor Serhiy Lysak said.

In southern Ukraine, two people were also killed in strikes on Kherson, the region’s governor, Oleksandr Prokudin, said, adding the strikes targeted critical infrastructure and residential buildings. Two more people died in attacks on Ukraine’s eastern Donetsk region, and one person was killed in Kharkiv in the northeast of the country, regional leaders said.

Ukraine’s capital Kyiv was the main target of Russia’s massive bombardment on Thursday, which hit several locations across the city, killing 12 people and wounding 87 others. Ukraine’s emergency services said on Friday that it had completed the search for survivors in the rubble of one residential block, hit by what Ukrainian authorities said was a North Korean ballistic missile.

The fresh round of attacks come after President Trump vented his frustration over the lack of progress on a peace deal on Thursday, saying he is “not happy” and urging Putin to “STOP!” the attacks, in a post on his Truth Social platform. Hours later, however, Trump said he believed both Russia and Ukraine want peace.

On Friday, Trump’s special envoy Steve Witkoff is expected to arrive in Moscow for further talks with Putin on reaching an agreement.

Russia’s Foreign Minister Sergey Lavrov said Moscow was “ready to reach a deal,” in an interview with CBS News on Thursday, but added that there were still some specific points that needed to be “fine-tuned.”

Earlier this week, Trump launched a new tirade against Ukraine’s President Volodymyr Zelensky, accusing him of harming peace negotiations, after Zelensky said it was against his country’s constitution to recognize Russian control of Crimea, which was illegally annexed by Russia in 2014.

Any move to recognize Russia’s control of Crimea would reverse a decade of US policy and could upset the widely held post-World War Two consensus that international borders should not be changed by force.

The spat over Crimea is the latest in a series of very public disagreements between Trump and Zelensky.

Trump has insisted he has been equally as tough on Putin, but got defensive on Thursday when asked by White House reporters what concessions Russia had made in the conflict.

“Stopping the war, stopping taking the whole country. Pretty big concession,” Trump said.

“We’re putting a lot of pressure on Russia, and Russia knows that, and some people that are close to it know or he wouldn’t be talking right now.”

This post appeared first on cnn.com

The Trump administration is applauding a major move by a key South American ally in the global fight against terrorism.

On Thursday, the U.S. State Department issued a statement congratulating Paraguay’s President Santiago Peña for officially labeling Iran’s Islamic Revolutionary Guard Corps (IRGC) a terrorist organization – a decision the U.S. calls a critical blow to Iran’s terror network in the Western Hemisphere.

‘The United States welcomes President Santiago Peña’s designation of Iran’s Islamic Revolutionary Guard Corps (IRGC) as a terrorist organization,’ said State Department spokesperson Tammy Bruce.

In addition to the IRGC designation, Paraguay also expanded its 2019 designations of the armed wings of Hezbollah and Hamas to include the entirety of both organizations. The Trump administration hailed it as a firm stand against Iranian-backed extremism.

‘Iran remains the leading state sponsor of terrorism in the world and has financed and directed numerous terrorist attacks and activities globally, through its IRGC-Qods Force and proxies such as Hezbollah and Hamas,’ Bruce said.

The decision is particularly significant in the Tri-Border Area, the region where Paraguay borders Argentina and Brazil, which has long been considered a financial hub for Hezbollah-linked operatives. The State Department said Paraguay’s action will help cut off the Iranian regime’s ability to fund terrorism and operate in Latin America.

‘The important steps Paraguay has taken will help cut off the ability of the Iranian regime and its proxies to plot terrorist attacks and raise money for its malignant and destabilizing activity,’ Bruce added, highlighting the Tri-Border Area as a critical front in this effort.

The Trump administration said it plans to build on this momentum and continue working with allies to confront Iran’s global influence.

‘The United States will continue to work with partners such as Paraguay to confront global security threats,’ Bruce said. ‘We call on all countries to hold the Iranian regime accountable and prevent its operatives, recruiters, financiers, and proxies from operating in their territories.’

This isn’t a one-off. Since his first term, Trump has made confronting Iran’s terror apparatus a cornerstone of his foreign policy. 

In 2018, he pulled the U.S. out of the Obama-era nuclear deal with Iran, known as the Joint Comprehensive Plan of Action (JCPOA), calling it ‘one of the worst and most one-sided transactions the United States has ever entered into.’

Now, the Trump administration is back at the negotiating table, but on its own terms. Two rounds of nuclear talks have already taken place this month, with a third scheduled for later this week. A senior administration official said the discussions have made ‘very good progress,’ though the details remain closely guarded.

As Bruce emphasized, Washington is calling on ‘all countries’ to follow suit in holding ‘the Iranian regime accountable.’

This post appeared first on FOX NEWS

Pope Francis, who died on Easter Monday, is breaking with tradition when it comes to where he will be laid to rest – choosing a light-filled basilica instead of the grottoes of the Vatican.

Popes are usually buried within Vatican City, beneath St. Peter’s Basilica. But Francis will be the first pontiff in more than a century to be buried outside the Vatican, as he requested a “simple” tomb a couple of miles away in the Basilica di Santa Maria Maggiore – also known as St. Mary Major.

Francis’ funeral will take place on Saturday in St. Peter’s Square, before his body is taken to the basilica – on the other side of the river in central Rome – for burial.

“The tomb must be in the earth; simple, without particular decoration and with the only inscription: Franciscus,” the pontiff said in his will, released by the Vatican. He also said the costs of his burial would be covered “by a sum provided by a benefactor.”

While Francis’ tomb will be humble, the basilica above it glitters with sunlight and gold. The ceiling is covered in gilded wood, and light pours in through high-up windows to illuminate intricate mosaics that line the nave. Mourners and visitors have flocked here in the days since Francis’s death, interested to see for themselves a place that he loved.

Perched on top of one of the seven hills on which ancient Rome was built, Santa Maria Maggiore is one of four papal basilicas. Its bell tower is the tallest in the Italian capital, rising to a height of 246 feet, and its position on the hill makes it the highest point in the city.

The legend goes that the Virgin Mary came to both Pope Liberius and an Italian aristocrat asking for the church to be constructed in her honor in a place that would be miraculously revealed. Rome’s Esquiline Hill was identified as the spot after snow fell on its summit in August of 358, at the height of summer. In contemporary times, a celebration marking the “Miracle of the Snow” takes place at the basilica on August 5 every year.

The church as it stands today was commissioned by Pope Sixtus III in the year 431. The mosaics date from that time, and the interior also boasts Classical columns plundered from other buildings, although it’s encased in a Neoclassical facade built in the 1700s.

The church has long held a special significance for Pope Francis, who used to visit on Sunday mornings to honor the Virgin Mary.

He would often visit the basilica before and after foreign trips, as well as after hospital stays, to pray to the most important Marian icon, the Salus Populi Romani, to which he entrusted the protection of his apostolic journeys, in keeping with Jesuit tradition.

Clearly a spot close to his heart, it’s where Francis began his first full day as leader of the Catholic Church in 2013. It is also the first place he visited after leaving the hospital last month, offering flowers to be placed before the icon of the Virgin Mary before returning to his residence in the Vatican.

Francis revealed his plans to be buried there in December 2023, explaining that he felt a “very strong connection” with the basilica. “I want to be buried in Santa Maria Maggiore,” Francis said. “Because it is my great devotion.”

A “place is already prepared” for his burial, the pope said in 2023, adding that he had been working on streamlining papal funerals.

“We simplified them quite a bit,” Francis said. “I will premiere the new ritual,” he added with a smile at the time.

Although seven other popes are buried in Santa Maria Maggiore, Francis will be the first not to be interred in St. Peter’s Basilica since Leo XIII, who died in 1903 and was laid to rest in the Basilica di San Giovanni in Laterano. The last pope to be buried at Santa Maria Maggiore was Clement IX, back in 1669.

This is not the only time the pope has broken with tradition: Francis also refused to live in the Apostolic Palace, the official papal residence, instead choosing to live in a small apartment in the Vatican guesthouse, Santa Marta.

Throughout his life, he was known for eschewing luxuries. As a cardinal in Buenos Aires, Argentina, he was known for taking the subway instead of using a chauffeured car. Later in his career, he would travel to work at the Vatican in an unassuming blue Ford Focus.

The day after his death, Basilica di Santa Maria Maggiore was far busier than usual, with mourners, worshipers and other visitors coming by the hundreds. The atmosphere was filled with sentiment but not somber, and the afternoon Mass opened with a brass quintet and bright organ music.

“It was just a remarkable experience,” Kerry Bruder, 71, from Ontario, Canada, said after seeing the vast artworks and marble sculptures inside the church. “You know that people for centuries have been going in there… and it just made you feel small, but in a good way.”

Victoria Ferreira, who traveled to Rome from Brazil for Easter, said she had already visited the basilica days before – but it felt different after the pontiff’s death, adding that “it was very emotional.”

“He filled us with love, with empathy, with hope,” she said. “And I think we need to, more than ever, have this in our mind and in our actions – to be like him.”

This post appeared first on cnn.com

For a long time, most of the world’s lithium was produced by an oligopoly of US-listed producers. However, the sector has transformed significantly in recent years.

Interested investors should cast a wider net to look at global companies — in particular those listed in Australia and China, as companies in both countries have become major players in the industry.

While Australia has long been a top-producing country when it comes to lithium, China has risen quickly to become not only the top lithium processor and refiner, but also a major miner of the commodity. In fact, China was the third largest lithium-producing country in 2024 in terms of mine production, behind Australia and Chile.

Chinese companies are mining in other countries as well, including top producer Australia, where a few are part of major lithium joint ventures. For example, Australia’s largest lithium mine, Greenbushes, is owned and operated by Talison Lithium, which is 51 percent controlled by Tianqi Lithium Energy Australia, a joint venture between China’s Tianqi Lithium (SZSE:002466,HKEX:9696) and Australia’s IGO (ASX:IGO,OTC Pink:IPDGF). The remaining 49 percent stake in Talison is owned by Albemarle (NYSE:ALB). Joint ventures can offer investors different ways to get exposure to mines and jurisdictions.

Mergers and acquisitions are common in the lithium space, with the biggest news in the industry recently being Rio Tinto’s (ASX:RIO,NYSE:RIO,LSE:RIO) acquisition of Arcadium Lithium for US$6.7 billion in March of this year. The acquisition transforms Rio Tinto into a global leader in lithium production with one of the world’s largest lithium resource bases.

As for Chile, the country’s lithium landscape is changing following the December 2024 announcement that as a part of its National Lithium Strategy toward public-private partnerships, the government opened up the process of assigning special lithium operation contracts to a total of 12 priority areas.

All in all, lithium investors have a lot to keep an eye on as the space continues to shift. Read on for an overview of the current top lithium-producing firms by market cap. Data was current as of April 4, 2025.

Biggest lithium-mining stocks

1. Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO)

Market cap: US$99.83 billion
Share price: AU$112.70

Rio Tinto, a global powerhouse in the resource sector for decades, is mostly known for its iron and copper production. However, in recent years, the mining giant has been expanding its position in the world’s lithium market.

In March 2025, the company cemented its position as one of the biggest lithium-producing companies in the world with the US$6.7 billion all-cash acquisition of Arcadium Lithium, the lithium giant formed after the US$10.6 billion merger of lithium majors Allkem and Livent.

Following the acquisition, Rio Tinto is consolidating Arcadium’s portfolio with its own lithium projects under the name Rio Tinto Lithium. Arcadium’s portfolio includes the Salar del Hombre Muerto and Olaroz lithium brine operations in Argentina, as well as the Mount Cattlin hard-rock mine in Western Australia, which is entering care and maintenance in the second half of this year. It also has lithium hydroxide production capacity in the US, Japan and China.

At the time, Rio Tinto said it will increase its lithium carbonate equivalent production capacity to over 200,000 metric tons (MT) annually by 2028.

Lithium acquisitions are not new to Rio Tinto. In 2022, it acquired the Rincon project in Argentina from Rincon Mining. Rincon has an expected annual capacity of 53,000 MT of battery-grade lithium carbonate over a 40 year mine life, although Rio Tinto plans to expand production at the site to 60,000 MT per year. A pilot battery-grade lithium carbonate plant is scheduled for completion in H1 2025.

As of March 2025, Rio Tinto is also reportedly in talks to develop the Roche Dure lithium deposit in the Democratic Republic of Congo, one of the world’s largest hard-rock lithium deposits.

2. SQM (NYSE:SQM)

Market cap: US$10.93 billion
Share price: US$37.05

SQM has five business areas, ranging from lithium to potassium to specialty plant nutrition. Its primary lithium operations are in Chile, where it is a longtime producer, and it is also working to bring production online in Australia.

In Chile, SQM sources brine from the Salar de Atacama; it then processes lithium chloride from the brine into lithium carbonate and hydroxide at its Salar del Carmen lithium plants located near Antofagasta.

Chile’s aforementioned National Lithium Strategy has created some uncertainty for SQM, but the government has stated that it will respect its current contracts, which run through 2030. In May 2024, the state-owned mining company Codelco and SQM formed a joint venture in which Codelco will hold a 50 percent stake plus one share to give it majority control. As of 2031, the state will begin receiving 85 percent of the operating margin of the new production from SQM’s operations.

Outside of South America, SQM owns and operates the Mount Holland lithium mine and concentrator in Australia; the mine hosts one of the world’s largest hard-rock deposits. Mount Holland is a joint venture with Wesfarmers (ASX:WES,OTC Pink:WFAFF), which took over Australian lithium-mining company Kidman Resources in 2019.

Overall, the company sees its total sales volumes from all its lithium operations increasing by 15 percent this year.

SQM has a long-term supply deal with Hyundai (KRX:005380) and Kia (KRX:000270) to provide lithium hydroxide for electric vehicle batteries from its future lithium hydroxide supply. SQM also has supply agreements with Ford Motor Company (NYSE:F) and LG Energy (KRX:373220).

3. Ganfeng Lithium (OTC Pink:GNENF,SZSE:002460,HKEX:1772)

Market cap: US$7.5 billion
Share price: US$2.51

Founded in 2000 and listed in 2010, Ganfeng Lithium has operations across the entire electric vehicle battery supply chain. Even though it is relatively new compared to some companies on the list, Ganfeng has become one of the world’s largest producers of both lithium metals and lithium hydroxide. This is due to its strategy of investing heavily in overseas projects to secure long-term lithium resources, with its first such investment in 2014.

Ganfeng has interests in lithium resources around the world, from Australia to Argentina, China and Ireland; its operations include a 50/50 joint venture with Mineral Resources for the Mount Marion mine in Western Australia. In Argentina, the company has 51 percent stake in Lithium Americas’ (TSX:LAC,NYSE:LAC) Caucharí-Olaroz lithium brine project.

Ganfeng has a controlling interest in Mexico-focused Bacanora Lithium and its Sonora lithium project; it also has a 50 percent stake in a lithium mine in Mali, as well as a 49 percent stake in a salt lake project in China owned by China Minmetals. It owns the private company LitheA, which holds the rights to two lithium salt lakes in Argentina’s Salta province.

Ganfeng purchased Leo Lithium’s (ASX:LLL,OTC Pink:LLLAF) Goulamina project in Mali in May 2024 and brought it into production in December. Goulamina has a mine capacity of 506,000 MT of spodumene per year. The company’s goal is to double that capacity to 1 million MT per year.

In February 2025, Ganfeng brought its US$790 million Mariana project in Argentina into production. The Mariana mine is situated on the Llullaillaco salt flat, and has the capacity to produce 20,000 MT of lithium chloride per year.

Ganfeng has supply deals with companies such as Tesla (NASDAQ:TSLA), BMW (OTC Pink:BMWYY,ETR:BMW), Korean battery maker LG Chem (KRX:051910), Volkswagen (OTC Pink:VLKAF,FWB:VOW) and Hyundai.

4. Albemarle (NYSE:ALB)

Market cap: US$6.92 billion
Share price: US$58.88

North Carolina-based Albemarle is dividing into two primary business units, one of which — the Albemarle Energy Storage unit — is focused wholly on the lithium-ion battery and energy transition markets. It includes the firm’s lithium carbonate, hydroxide and metal production.

Albemarle has a broad portfolio of lithium mines and facilities, with extraction in Chile, Australia, China and the US. Looking first at Chile, Albemarle produces lithium carbonate at its La Negra lithium conversion plants, which process brine from the Salar de Atacama, the country’s largest salt flat. Albemarle is aiming to implement direct lithium extraction technology at the salt flat to reduce water usage.

Albemarle’s Australian assets includes the MARBL joint venture with Mineral Resources (ASX:MIN,OTC Pink:MALRF). The 50/50 JV owns and operates the Wodgina hard-rock lithium mine in Western Australia. Albemarle wholly owns the on-site Kemerton lithium hydroxide facility. The company’s other Australian joint venture is the aforementioned Greenbushes mine, in which it holds a 49 percent interest alongside Tianqi and IGO.

As for the US, Albemarle owns the Silver Peak lithium brine operations in Nevada’s Clayton Valley, which is currently the country’s only source of lithium production. In its home state of North Carolina, Albemarle is planning to bring its past-producing Kings Mountain lithium mine back online, subject to permitting approval and a final investment decision. The mine is expected to produce around 420,000 MT of lithium-bearing spodumene concentrate annually.

Albemarle has received US$150 million in funding from the US government to support the building of a commercial-scale lithium concentrator facility on site. The US Department of Defense has given the company a US$90 million critical materials award to boost its domestic lithium production and support the country’s burgeoning EV battery supply chain.

5. Tianqi Lithium (SZSE:002466,HKEX:9696)

Market cap: US$6.61 billion
Share price: 30.26 Chinese yuan

Tianqi Lithium, a subsidiary of Chengdu Tianqi Industry Group, is the world’s largest hard-rock lithium producer. The company has assets in Australia, Chile and China. It holds a significant stake in SQM.

In Australia, Tianqi, as mentioned, has a significant position in the Greenbushes mine and Kwinana lithium hydroxide plant through the Tianqi Lithium Energy Australia JV with IGO. The hydroxide plant, which is one of the world’s largest fully automated battery-grade lithium hydroxide facilities, processes feedstock from Greenbushes with a capacity of 24,000 MT per year.

Construction work for the Phase 2 expansion at Kwinana, which would have doubled its capacity, was terminated in January 2025 due to the current low-price environment for lithium making it economically unviable.

Tianqi Lithium Energy Australia updated the total mineral resources at Greenbushes in February 2025 to 440 million MT at an average grade of 1.5 percent lithium oxide, and its total ore reserve estimate to 172 million MT grading 1.9 percent lithium oxide.

In March 2025, Tianqi Lithium announced collaborations with a number of academic research institutions including the Institute for Advanced Materials and Technology of the University of Science and Technology Beijing on the research and development of next-generation solid-state battery materials and technology.

6. PLS (ASX:PLS,OTC Pink:PILBF)

Market cap: US$2.92 billion
Share price: AU$2.92

PLS, formerly named Pilbara Minerals, operates its 100 percent owned Pilgangoora lithium-tantalum asset in Western Australia. The operation entered commercial production in 2019 and consists of two processing plants: the Pilgan plant, located on the northern side of the Pilgangoora area, which produces a spodumene concentrate and a tantalite concentrate; and the Ngungaju plant, located to the south, which produces a spodumene concentrate.

PLS has recently completed a few critical expansion projects at Pilgangoora. Its P680 expansion, for a primary rejection facility and a crushing and ore-sorting facility, was completed in August 2024. The P1000 expansion, targeting a spodumene production increase at the site to 1 million MT per year, was completed in January 2025 ahead of schedule and within budget. The company says the ramp-up to full capacity is expected to be completed in the third quarter of 2025.

PLS and its joint venture partner Calix are developing a midstream demonstration plant at Pilgangoora using Calix’s electric kiln technology to reduce the carbon footprint of spodumene processing, decreasing transport volumes and improving value-add processing at the mine. After garnering a AU$15 million grant from the Western Australian Government, construction of the project is expected to be completed in the fourth quarter of 2025.

The company made a move to expand its footprint in Brazil in August 2024 with the acquisition of Latin Resources (ASX:LRS,OTC Pink:LRSRF) and its Salinas lithium project. The project’s resource estimate, which covers the Colina and Fog’s Block deposits, stands at 77.7 million MT at 1.24 percent lithium oxide. The AU$560 million deal was approved by the Western Australia Government in January 2025.

PLS and joint venture partner POSCO (NYSE:PKX) launched South Korea’s first lithium hydroxide processing plant in late 2024, which will be supplied with spodumene from Pilgangoora. PLS also has offtake agreements with companies such as Ganfeng, Chengxin Lithium Group, and Yibin Tianyi Lithium Industry.

7. Mineral Resources (ASX:MIN,OTC Pink:MALRF)

Market cap: US$2.59 billion
Share price: AU$18.95

Australia-based Mineral Resources (MinRes) is a commodities company that mines lithium and iron ore in the country. As mentioned, both of MinRes’ lithium mines are joint ventures with other companies on this list. In addition to the Wodgina mine in Western Australia, which is operated under the MARBL joint venture with Albemarle, MinRes holds a 50 percent stake in Albemarle’s Qinzhou and Meishan plants in China.

MinRes owns 50 percent of the Mount Marion lithium operation, which is a joint venture with Ganfeng Lithium. Production of lithium concentrate began at Mount Marion in 2017, and all mining is managed by MinRes, which also has a 51 percent share of the output from the spodumene concentrator at the site. MinRes completed the expansion of Mount Marion’s spodumene processing plant in 2023. Currently, the plant has an annual production capacity of 600,000 MT spodumene concentrate equivalent.

However, in late August 2024, in light of lithium’s low demand environment, MinRes decided to reduce its operations at Mount Marion to between 150,000 and 170,000 MT of spodumene production in its financial year 2025 compared to the 218,000 metric tons of output achieved in its financial year 2024.

MinRes acquired the Bald Hill lithium mine, which is also located in Western Australia, in 2023. The company released an updated mineral resource estimate in November 2024 of 58.1 MT at 0.94 percent lithium oxide, up 168 percent from the prior June 2018 estimate. In the same news release, MinRes announced that it would have to place the mine on care and maintenance until global lithium prices improve. The final shipment of Bald Hill spodumene concentrate was made in December 2024.

Other lithium companies

Aside from the world’s top lithium producers, a number of other large lithium companies are producing this key electric vehicle raw material. These include Sigma Lithium (TSXV:SGML,NASDAQ:SGML), Liontown Resources (ASX:LTR,OTC Pink:LINRF), Jiangxi Special Electric Motor (SZSE:002176), Yongxing Special Materials Technology (SZSE:002756), Sinomine Resource (SZSE:002738) and Youngy (SZSE:002192).

FAQs for investing in lithium

Is lithium a metal?

Lithium is a soft, silver-white metal used in pharmaceuticals, ceramics, grease, lubricants and heat-resistant glass. It’s also used in lithium-ion batteries, which power everything from cell phones to laptops to electric vehicles.

How much lithium is there on Earth?

Lithium is the 33rd most abundant element in nature. According to the US Geological Survey, due to continuing exploration, identified lithium resources have increased to about 115 million metric tons worldwide. Global lithium reserves stand at 30 million MT, with production reaching 240,000 MT in 2024.

How is lithium produced?

Lithium is found in hard-rock deposits, evaporated brines and clay deposits. The largest hard-rock mine is Greenbushes in Australia, and most lithium brine output comes from salars in Chile and Argentina.

There are various types of lithium products, and many different applications for the mineral. After lithium is extracted from a deposit, it is often processed into lithium carbonate, lithium hydroxide or lithium metal. Battery-grade lithium carbonate and lithium hydroxide can be used to make cathode material for lithium-ion batteries.

What country produces the most lithium?

The latest data from the US Geological Survey shows that the world’s top lithium-producing countries are Australia, Chile and China, with production reaching 88,000 metric tons, 49,000 metric tons and 41,000 metric tons, respectively.

Global lithium production reached 240,000 metric tons of lithium in 2024, up from 204,000 MT in 2023, according to the US Geological Survey. About 87 percent of the lithium produced currently goes toward battery production, but other industries also consume the metal. For example, 5 percent is used in ceramics and glass, while 2 percent goes to lubricating greases.

Who is the largest miner of lithium?

The world’s largest lithium-producing mine is Talison Lithium and Albemarle’s Greenbushes hard-rock mine in Australia, which put out 1.38 million MT of spodumene concentrate in the fiscal year 2024. The top-producing lithium brine operation was SQM’s Salar de Atacama operations in Chile, with 2023 production of 166,000 metric tons of lithium carbonate.

Who are the top lithium consumers?

The top lithium-importing country is China by a long shot, and second place South Korea is another significant importer. China is also the top country for lithium processing, and both are home to many companies producing lithium-ion batteries.

Why is lithium so hard to mine?

The different types of lithium deposits come with their own challenges.

For example, mining pegmatite lithium from hard-rock ore is known for being expensive, while extracting lithium from brines requires vast amounts of water and processing times that can sometimes be as long as 12 months. Lithium mining also comes with the difficulties associated with mining other minerals, such as long exploration and permitting periods.

What are the negative effects of lithium?

Both major forms of lithium mining can have negative effects on the environment. When it comes to hard-rock lithium mining, there have been incidents of chemicals leaking into the water supply and damaging the local ecosystems; in addition, these operations tend to have a large environmental footprint.

As mentioned, lithium brine extraction requires a lot of water for the evaporation process, but it’s hard to understand the scope without numbers. It’s estimated that approximately 2.2 million liters of water are required to produce 1 metric ton of lithium, and that can sometimes mean diverting water from communities that are experiencing drought conditions. This form of lithium extraction also affects the condition of the soil and air.

Will lithium run out?

Although future demand for lithium is expected to keep rising due to its role in green energy, the metal shouldn’t run out any time soon, as companies are continuing to discover new lithium reserves and are developing more advanced extraction technologies. Additionally, there are companies working on technology to recycle battery metals, which will eventually allow lithium from lithium-ion batteries to re-enter the supply chain.

What technology will replace lithium?

Researchers have been working on developing and testing a variety of lithium alternatives for batteries. Some of these options include hydrogen batteries, liquid batteries that could be pumped into vehicles, batteries that replace lithium with sodium or magnesium and even batteries powered by sea water. While nothing looks ready to replace lithium-ion batteries right now, there is potential for more efficient or more environmentally friendly options to grow in popularity in the future.

How to buy a lithium stock?

Investors are starting to pay attention to the green energy transition and the raw materials that will enable it.

When it comes to choosing a stock to invest in, understanding lithium supply and demand dynamics is key, as there are unique factors to watch for in lithium stocks. The main demand driver for lithium is what happens in the electric vehicle industry, which is expected to keep growing, and also the energy storage space. Analysts remain optimistic about the future of lithium, with many predicting the market will be tight for some time.

Investors interested in lithium stocks could consider companies listed on US, Canadian and Australian stock exchanges. They can also check out our guide on what to look for in lithium stocks today.

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

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

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Secretary of State Marco Rubio and Special Envoy Steve Witkoff are pushing back against a report saying they have discussed lifting sanctions on Russian energy assets, calling the anonymously sourced article from Politico ‘totally fictitious’ and ‘fake crap.’

The outlet released a report citing internal White House officials Thursday, indicating Witkoff and Rubio had been in discussions about potentially lifting energy-related sanctions as part of a wider peace negotiation to end the war in Ukraine.

‘This is false,’ Rubio and Witkoff said in a joint statement released by the White House. ‘Neither of us have had any conversations about lifting sanctions on Russia as part of a peace deal with Ukraine. This is just totally fictitious and irresponsible reporting from Politico, a fifth-rate publication. If they have an ounce of journalistic integrity, they will fully retract this piece of fiction.’

The report from Politico claimed ‘five people familiar with the discussions’ said Witkoff has been a ‘main proponent’ of lifting sanctions against Russian energy assets, including the Nord Stream 2 pipeline, one of the country’s main natural gas pipelines that goes to Europe. 

The Politico report claimed Rubio has tried to derail the efforts, saying there is an ongoing rift between U.S. energy export proponents and those who want to improve ties with Russia. 

When reached for comment, a Politico spokesperson said the outlet stands by its reporting.    

‘There isn’t even a kernel of truth to this story – Politico was played by their ‘sources’ yet again,’ Witkoff said in a separate statement posted by his X account after the report was published. ‘It’s embarrassing that they print this type of fake crap.’

‘More bulls— from the liars at Politico smearing Marco Rubio and Steve Witkoff with pure fake news,’ Donald Trump Jr. posted on X. ‘How do they get away with continuing to run these fake stories????’

‘I hope Politico has good defamation insurance coverage,’ Utah GOP Sen. Mike Lee wrote on social media. ‘Or maybe I don’t.’

‘Politico is a C-rated tabloid, fraught with poor sourcing and a TDS epidemic, pretending to be serious news,’ White House spokesperson Anna Kelly added. ‘This story is one of many pathetic tall tales that have been debunked, but their reporters are too desperate to report fake drama to discern truth from fact.’

Sanctions on Russia’s Nord Stream 2 pipeline were established during the first Trump administration and waived by President Joe Biden a few months after he entered office. However, Biden reinstituted the sanctions after Russia’s decision to enter into war with Ukraine. 

The energy sector has played a central role in the ongoing negotiations for a peace deal between Russia and Ukraine. The U.S. has reportedly proposed taking control of Ukraine’s nuclear power plants and is pushing to ink a critical minerals deal to help repay America’s military assistance. The U.S. has also reportedly floated the idea of taking over Ukrainian natural gas pipelines to help with the repayment. 

Russia and Ukraine recently ended a U.S.-brokered temporary truce, agreeing not to attack each other’s energy infrastructure, earlier this month.

But the negotiations reached a critical point after Vice President JD Vance said the U.S. is prepared to walk away from further ceasefire negotiations if the two sides do not strike a deal. Vance’s remarks were followed up by a post on Truth Social by the president, who blasted Ukraine President Volodymyr Zelenskyy for refusing to accept the annexation of Crimea as part of a peace deal.

‘We are very close to a Deal, but the man with ‘no cards to play’ should now, finally, GET IT DONE,’ Trump said of Zelenskyy in his post. 

Fox News Digital reached out to the White House for comment on this story but did not receive a response in time for publication.   

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NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) (‘NorthStar’ or the ‘Company’) has announced a change of date for its upcoming Q4 and Year-End 2024 Earnings Webinar to May 1, 2025 at 11:00 am EDT. Further, the Company now expects to announce its fourth quarter and year-end 2024 financial results and file its condensed consolidated financial statements for the year ended December 31, 2024 (‘FY2024 Financial Statements’) and associated management’s discussion and analysis as soon as possible, but no later than April 30, 2025, as permitted under applicable securities laws. The webinar is being delayed because the Company requires additional time to finalize its FY2024 Financial Statements and complete its year-end audit process.

NorthStar invites all investors and other interested parties to register for the webinar at the link below. Michael Moskowitz, Chairman and CEO, will be presenting the Company’s financial results and an update on current operations and strategic priorities.

Date: Thursday, May 1st, 2025
Time: 11am EDT
Register: Webinar Registration

HAVE QUESTIONS? Management will be available to answer your questions following the presentation on the webinar platform. You may submit your question(s) beforehand in the registration form linked above.

About NorthStar

NorthStar proudly owns and operates NorthStar Bets, a Canadian-born casino and sportsbook platform that delivers a premium, distinctly local gaming experience. Designed with high-stakes players in mind, NorthStar Bets Casino offers a curated selection of the most popular games, ensuring an elevated user experience. Our sportsbook stands out with its exclusive Sports Insights feature, seamlessly integrating betting guidance, stats, and scores, all tailored to meet the expectations of a premium audience.

As a Canadian company, NorthStar is uniquely positioned to cater to customers who seek a high-quality product and an exceptional level of personalized service, setting a new standard in the industry. NorthStar is committed to operating at the highest level of responsible gaming standards.

NorthStar is listed in Canada on the TSX Venture Exchange (‘TSXV’) under the symbol BET and in the United States on the OTCQB under the symbol NSBBF. For more information on the company, please visit: www.northstargaming.ca.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Note Regarding Forward-Looking Information and Statements

This communication contains ‘forward-looking information’ within the meaning of applicable securities laws in Canada (‘forward-looking statements’), including without limitation, statements with respect to the following: expected performance of the Company’s business, and the timing of the release of the Company’s financial results. The foregoing is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and allowing investors and others to get a better understanding of the Company’s anticipated financial position, results of operations, and operating environment. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘continues’, ‘forecasts’, ‘projects’, ‘predicts’, ‘intends’, ‘anticipates’ or ‘believes’, or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘should’, ‘might’ or ‘will’ be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. This forward-looking information is based on management’s opinions, estimates and assumptions that, while considered by NorthStar to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward- looking information. Such factors include, among others, the following: risks related to the Company’s business and financial position; risks associated with general economic conditions; adverse industry risks; future legislative and regulatory developments; the ability of the Company to implement its business strategies; and those factors discussed in greater detail under the ‘Risk Factors’ section of the Company’s most recent annual information form, which is available under NorthStar’s profile on SEDAR+ at www.sedarplus.com. Many of these risks are beyond the Company’s control.

If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents NorthStar’s expectations as of the date specified herein, and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

For further information:

Company Contact:

Corey Goodman
Chief Development Officer 647-530-2387
investorrelations@northstargaming.ca

Investor Relations:

RB Milestone Group LLC (RBMG)
Northstar@rbmilestone.com

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249726

News Provided by Newsfile via QuoteMedia

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