Author

admin

Browsing

A handful of conservative energy and climate groups released a report outlining the top 10 challenges that rocked climate change activism in 2025, as President Donald Trump returned to the White House with a mandate to unleash American energy this year.

Since returning to the White House in January, Trump has signed a series of executive orders and legislation to scale back America’s green energy efforts. Now, a group of prominent conservative energy groups are declaring 2025 as the year of the cultural departure from climate activism.

‘This year has proven to be an unexpected tipping point for climate realism,’ the conservative groups declared in a report shared exclusively with Fox News Digital.

The American Energy Institute, The Energy & Environment Legal Institute, Truth in Energy & Climate, The Committee for a Constructive Tomorrow (CFACT) and The Heartland Institute signed the ‘2025: Climate Hysteria’s Surprising Tipping Point,’ outlining 2025 as a pivotal year in trading climate activism for energy production and economic realism.

‘This is the great climate tipping point the radicals never saw coming,’ American Energy Institute CEO Jason Isaac told Fox News Digital. ‘The world is waking up to the reality that net-zero was never achievable, never affordable, and never honest. Governments, investors, and even climate activists are abandoning the hysteria and choosing energy security, affordability, reliability, and common sense. President Trump led this shift by putting America’s energy strength first.’

According to the United Nations, net-zero is the global effort to cut carbon emissions to ‘a small amount of residual emissions that can be absorbed and durably stored by nature and other carbon dioxide removal measures, leaving zero in the atmosphere.’

‘As of June 2024, 107 countries, responsible for approximately 82 percent of global greenhouse gas emissions, had adopted net-zero pledges either in law,’ or through other policy commitments, according to the U.N.

President Barack Obama led efforts to reach the Paris Climate Agreement on Dec. 12, 2015, a nonbinding accord in which nearly 200 nations pledged to curb greenhouse gas emissions in an effort to limit the impacts of climate change.

Trump withdrew the United States from the agreement during his first administration, while his successor, President Joe Biden, quickly rejoined and pursued policies to expand federal climate and clean energy initiatives during his four-year tenure.

After returning to office this year, Trump immediately rolled back restrictions on domestic energy production and began reversing U.S. participation in global climate commitments.

Trump signed an executive order ‘unleashing American energy’ on his first day back in office.

He also signed his marquee domestic policy legislation, The One Big Beautiful Bill Act, into law on July 4. It included a series of tax provisions that unwind clean energy credits from the Biden-era Inflation Reduction Act and ease federal incentives for renewable energy, while prioritizing fossil fuel development. 

‘2025’s ‘tipping points’ are the product of President Trump’s energy dominance agenda and 35 years of valiant work by ‘cancelled’ climate realists who knew from the start that climate alarm was a hoax,’ Steve Milloy, senior fellow at the Energy and Environment Legal Institute and a former member of Trump’s Environmental Protection Agency transition team, said in a statement to Fox News Digital.

The report itself outlines 10 instances of shifting rhetoric from legacy media outlets and climate change activists, explaining why 2025 was the year of ‘climate hysteria’s surprising tipping point.’

In the first instance, the conservative signatories cite The New York Times reporting on ‘why global momentum on climate action is faltering, even as clean energy technology rapidly advances.’

The signatories also cited The New York Times’ reporting on the final document from the U.N. COP-30 climate conference not mentioning ‘fossil fuels.’

In another instance, the conservative energy groups referenced the resurgence of ‘climate denial’ at the annual U.N. climate talks, citing another article by the Times. 

‘When nearly 200 nations signed the 2015 Paris Agreement, acknowledging the threat of rising global temperatures and vowing action, many hoped that the era of climate denial was finally over. Ten years later it has roared back, arguably stronger than ever,’ journalists Lisa Friedman and Steven Lee Myers wrote in the article cited in the report.

More reporting from The New York Times included in the report pointed to Gov. Kathy Hochul, D-N.Y., backing away from New York’s 2019 climate law and quoting her as saying, ‘We need to govern in reality.’

The ‘tipping points’ also included Reuters’ reporting on ExxonMobil questioning the feasibility of net-zero efforts and The New York Times Magazine reporting that ‘the world has soured on climate politics.’

Additionally, the report pointed to The Washington Post’s reporting that political priorities are shifting from climate activism to energy affordability, and The Guardian reporting that a ‘dramatic slowdown in melting of Arctic sea ice surprises scientists.’

And the report cited The Wall Street Journal’s editorial board arguing that billionaire climate activist Bill Gates has reversed course on his earlier ‘doomsday’ view of climate change.

Fox News Digital reached out to Hochul and Gates for comment but did not immediately receive a response.

This post appeared first on FOX NEWS

Senate Minority Leader Chuck Schumer, D-N.Y., accused the Trump administration of orchestrating a ‘cover-up’ as the deadline for the release of documents and materials related to the late Jeffrey Epstein arrives.

Schumer on Friday blasted the Department of Justice (DOJ) following Deputy Attorney General Todd Blanche’s admission that the administration would not be releasing all the documents in one, massive tranche.

Congress last month passed a law, later signed by President Donald Trump, that compelled the DOJ to dump all the documents, albeit with certain exceptions, including materials that reveal victims’ identities or medical files, child sex abuse materials, information that could jeopardize active investigations, images of graphic death or injury, or classified national security information.

‘This just shows the Department of Justice, Donald Trump, and [Attorney General] Pam Bondi are hellbent on hiding the truth,’ Schumer said in a statement. ‘Senate Democrats are working closely with attorneys for the victims of Jeffrey Epstein and with outside legal experts to assess what documents are being withheld and what is being covered up by Pam Bondi. We will not stop until the whole truth comes out.’

‘People want the truth and continue to demand the immediate release of all the Epstein files,’ he continued. ‘This is nothing more than a cover-up to protect Donald Trump from his ugly past.’

Earlier in the week, Schumer warned that failure to release the documents on Friday would result in legal and political ramifications for Trump and the DOJ.

His ire came after Blanche, in an interview with Fox News, said that the DOJ would be following through with releasing hundreds of thousands of documents related to Epstein, his accomplice Ghislaine Maxwell, known associates and entities linked to Epstein and Maxwell, internal DOJ decision-making on the Epstein case, records on destroying or tampering with documents, and all documents on his detention and death.

But, it wouldn’t be every shred of information on the late pedophile.

‘Now the most important thing that the attorney general has talked about, that [FBI Director Kash] Patel has talked about, is that we protect victims,’ Blanche said. ‘And so what we’re doing is we are looking at every single piece of paper that we are going to produce, making sure that every victim, their name, their identity, their story, to the extent it needs to be protected, is completely protected.’

‘And so I expect that we’re going to release more documents over the next couple of weeks,’ he continued. ‘So today, several hundred thousand, and then over the next couple weeks, I expect several hundred thousand more.’

This post appeared first on FOX NEWS

More than 100 House Republicans are demanding increased oversight of Syria as the U.S. prepares to repeal longstanding sanctions against the country.

Reps. Josh Brecheen, R-Okla., and Marlin Stutzman, R-Ind., are leading 134 fellow GOP lawmakers in calling for guarantees that the Syrian government will adhere to terms in the National Defense Authorization Act (NDAA) that set the stage for repealing those sanctions, while warning the U.S. needs to be prepared to reverse that if Syria falters on its progress.

‘Many Members of Congress, committed to seeking peace, prosperity, and tolerance for religious minorities in the region, worked with the Trump Administration and House leadership to secure assurances that snapback conditions regarding the repeal of Syrian sanctions would be enforced if Syria does not comply with the terms highlighted in the repeal language,’ their joint statement read. 

‘The mass murder of the Syrian Christians, Druze, Alawites, Kurds, and other religious and ethnic minorities must be a thing of the past.’

They said Congress was committed ‘to keeping a watchful eye on the new al-Sharaa Administration to ensure protections for religious and ethnic minorities in Syria.’

It comes after two members of the Iowa National Guard serving in Syria were killed in an ambush by an ISIS gunman.

Ahmed Hussein al-Sharaa took power in Syria after the previous government led by Bashar al-Assad was toppled in 2024.

The new leader has sought friendlier relations with the West, even visiting the White House in November of this year.

The House GOP lawmakers said they ‘look forward’ to being invited to Damascus themselves to see that his administration ‘has created a safe environment for the religious and ethnic minorities historically persecuted in the region.’

‘We look forward to confirming that these terms have not been squandered by the Syrian government–whether by their President or by rogue military officials–and seeing for ourselves that the al-Sharaa Administration has created a safe environment for the religious and ethnic minorities historically persecuted in the region,’ they said.

‘As Members of Congress, we understand that the Syrian government’s adherence to the conditions laid out in the NDAA’s sanction repeal language is essential for lasting peace in the Middle East and Syria’s prosperity.’

President Donald Trump signed the NDAA into law on Thursday evening.

This post appeared first on FOX NEWS

As the United Nations adopted a resolution condemning Iran for its execution spree ‘in the strongest terms,’ a leading dissident group released a report accusing Tehran of putting 2,013 Iranians to death under President Masoud Pezeshkian between Jan. 1 and Dec. 15 of this year.

TheMujahedin-e Khalq (MEK) report says this more than doubles the total of 975 executions that the United Nations Deputy High Commissioner for Human Rights counted in 2024. The U.N. noted that the 2024 figure was the highest recorded since 2015. Thegroup counted a similar total of 1,001 executions in 2024.

According to MEK documents provided to Fox News Digital, a free-falling Iranian currency, nationwide protests, factional power struggles, ‘snapback’ U.N. sanctions and fractures among leaders are stoking the increase in executions. The MEK says that this year’s execution total is the highest recorded since the 1980s.

A State Department spokesperson condemned Iran’s continued abuse of human rights, telling Fox News Digital that, ‘We strongly condemn the Iranian regime’s use of execution as a tool of political repression.  For decades, the regime has subjected Iranians to torture, forced confessions, and sham trials, resulting in unlawful executions. Today, innocent civilians are being used as scapegoats for the regime’s military and economic failures.’

The spokesperson continued, ‘The Trump Administration restored the policy of maximum pressure, ending the Biden Administration’s policy of announcing fig-leaf sanctions while handing the regime billions.  Since January, we have designated dozens of people and over 180 vessels in Iran’s shadow fleet to deplete the regime’s coffers.’

Behnam Ben Taleblu, the senior director of the Foundation for Defense of Democracies’ Iran Program, said there are more steps needed to be taken by Washington. He told Fox News Digital that the U.S. has ‘been lagging behind’ other Western partners who have responded to Iranian human rights violations with sanctions and other measures, most recently Canada, which sanctioned four individuals after a protest in the Iranian city Mashhad in December.

‘The lack of practical measures to support the Iranian people is a strategic own goal,’ Taleblu said. 

Taleblu noted that Iran ‘arrested over 21,000 people’ following the 12-Day War in June, alongside a ‘political repression that is even much more expansive than ever before.’ He said that the Islamic Republic ‘understands how weak it is,’ and any efforts to appear more socially lenient, including regarding hijab laws, are an attempt to ‘retain their oligarchic political position in a post-Khamenei Iran.’

Noting the prior Trump administration’s strong stance on Iran, Taleblu says that ‘it certainly can do better much more cheaply and more cost effectively than it thinks.’ Taleblu said that one ‘simple’ messaging strategy will present itself in March during President Trump’s Nowruz address, when he can ‘give an homage to the most pro-American, the most pro-Israeli population in the heartland of the Muslim Middle East.’

‘The imperative for Washington to support Iranian protesters… stands,’ Taleblu said. ‘But that should be a constant in U.S. foreign policy, given the disposition of the Iranian street, which is almost entirely against the Iranian state. U.S. human rights policy towards Iran should not be limited to merely having social media accounts that are the stenographers for Iran’s decline into failed state status.’ 

The MEK has urged U.S. policymakers to recognize the Iranian people’s right to resist and overthrow the regime, which they claim is the only means for eliminating the country’s theocracy.

On Dec. 10, the European Parliament marked International Human Rights Day by calling for the world to take action against Iran on account of its execution campaign. Maryam Rajavi, president-elect of the National Council of Resistance of Iran, addressed the parliament with her concerns that Iran is attempting to crush dissent. She urged that ‘all relations with the regime must be conditioned on the halt of executions,’ with members of the Islamic Revolutionary Guard Corps and Ministry of Intelligence placed ‘on the terrorist list.’

Among those sentenced to death is Zahra Tabari, a 67-year-old engineer and mother who the MEK say was given her sentence after a ‘sham 10-minute trial… without her chosen legal representation.’ MEK documents say Tabari was arrested because she held a banner reading ‘Woman, Resistance, Freedom.’

The total number of executions in Iran has doubled since October. At the time, the U.N. Office of the High Commissioner for Human Rights said that Iran was murdering up to nine prisoners each day, which they called an ‘unprecedented execution spree.’  In response, death row prisoners staged a hunger strike.

Iran’s mission to the United Nations did not offer comment on the report. 

This post appeared first on FOX NEWS

Vice President JD Vance speaks Sunday at Turning Point USA’s America Fest conference. But the vice president landed a major endorsement when the annual conference, held by the increasingly influential conservative group, kicked off on Thursday.

Ericka Kirk, widow of the assassinated Turning Point co-founder Charlie Kirk, endorsed Vance in the 2028 presidential election during her speech in front of thousands of activists gathered in Phoenix, Arizona.

‘We are going to get my husband’s friend JD Vance elected for 48 in the most resounding way possible,’ in 2028, she said. ‘Forty-eight’ refers to the number of the next president.

Kirk, who took over the reins of Turning Point after her husband’s murder, also emphasized, ‘We are building the red wall.’

‘We’re going to make sure that President Trump has Congress for all four years,’ she added, as she pointed to next year’s midterm elections, when Republicans will defend their majorities in the House and Senate.

The backing of the vice president by Turning Point, which is particularly influential among younger conservatives and whose political arm has built up a powerful grassroots outreach operation, could give Vance a major boost should he decide to run for president in the 2028 election.

A longtime adviser to President Donald Trump told Fox News Digital that ‘it wasn’t a surprise to see her endorse, given that while he was still alive, Charlie couldn’t have been more explicit about supporting Vance in 2028.’

‘Last night simply reaffirmed that Turning Point’s entire political machinery will be behind him if he decides to run. It’s another big get for the vice president and a warning shot to other potential candidates,’ added the adviser, who asked to remain anonymous to speak more freely.

Vance and Charlie Kirk were close friends, and the vice president credits Kirk with his political rise.

Vance honored his late friend by flying with Kirk’s casket back to Arizona from Utah, where he was assassinated in September, aboard Air Force Two. And Vance hosted Kirk’s popular podcast as it returned following Kirk’s death.

While Vance has yet to say anything publicly on whether he’ll launch a 2028 campaign to succeed the term-limited Trump, he is considered by many on the right to be the president’s heir apparent to eventually take over the MAGA mantle.

This post appeared first on FOX NEWS

Senate Republicans tried to advance a funding package as their last act of the year, but a last-minute block by Senate Democrats sent lawmakers home frustrated as the deadline to fund the government creeps closer.

Lawmakers have spent the last month since the government shutdown building consensus on a five-bill spending package that would go a long way toward preventing another one come Jan. 30.

The package would have funded the departments of Defense, Labor, Health and Human Services, Education, Commerce, Justice, Interior, Transportation, and Housing and Urban Development, which represent a massive chunk of Congress’ overall funding responsibilities.

But a deal never materialized, and the lights of the Senate chamber went out for the last time of the year as lawmakers beelined from Washington, D.C., back to their home districts. Senate Majority Leader John Thune, R-S.D., remained hopeful that when the Senate returned, Democrats would cross the aisle to finish the job.

‘The Democrats are indicating that they want to do them, they just didn’t want to do them today,’ Thune said. ‘So hopefully, when we get back, we’ll test that proposition, and hope that we’ll take them to face value, and hopefully we’ll get moving, and get moving quickly, because we’ve got a lot to do.’

Before the last gavel rang through the chamber, however, there was still hope that a deal could be reached.

As the clock ticked deeper into the night and the smell of jet fumes grew stronger in the Senate, top Republicans kept working the phones and trying to negotiate a path forward on the package.

Senate Appropriations Committee Chair Susan Collins, R-Maine, told Fox News Digital that Republicans had cleared the decks on their end after several weeks of holds on the package from fiscal hawks demanding amendment votes on earmarks, among other thorny issues.

When asked if Senate Democrats would play ball, she said, ‘I don’t know.’

‘I’m about to call one of the people,’ Collins said before ducking into her office.

When she emerged, Collins said that there was only one hold left. And that last remaining blockage appeared to be from Sens. John Hickenlooper, D-Colo., and Michael Bennet, D-Colo., who were incensed by the Trump administration’s plan to break up the National Center for Atmospheric Research (NCAR) in Boulder, Colo.

Office of Management and Budget Director Russ Vought called the facility in a post on X ‘one of the largest sources of climate alarmism in the country,’ and vowed a comprehensive review was underway and that any ‘vital activities such as weather research will be moved to another entity or location.’

Hickenlooper suggested that he and Bennet would lift their hold only if they received a guaranteed outcome on an amendment vote — a proposition Republicans have time and again this year for several other Democratic issues that they said they couldn’t do.

‘We need to find some Republican supporters. All we’re trying to do is just protect the budget that was already there,’ Hickenlooper said. ‘So, whatever disagreement there is between the state, the governor of Colorado, and the President of the United States, that shouldn’t affect a scientific institution. Science should be free of that kind of politics.’

Senate Minority Leader Chuck Schumer, D-N.Y., was more blunt.

‘What the president did to Colorado is disgusting, and Republicans ought to get him to change,’ Schumer said.

Republicans opted to open the floor late following a signing ceremony at the White House for the annual, colossal defense package in order to finish the confirmation process for a tranche of President Donald Trump’s nominees.

It was a bid to buy time to keep negotiations alive in the hopes of a breakthrough. They even tacked on a handful of extra votes to keep the machine whirring, but in the end, Senate Democrats wouldn’t budge.

Sen. Katie Britt, R-Ala., who chairs the Senate Homeland Security Appropriations subcommittee, remained hopeful ahead of the vote and said the goal was ‘to stay until we get it finished.’

‘If we want the Senate to matter, we should figure it out,’ Britt said.

Failure to advance the package on Thursday does not guarantee another government shutdown next month, but it does tee up what will likely be a brutal January in the upper chamber.

Lawmakers are still scrambling to find a deal on expiring Obamacare subsidies, which are set to expire on Dec. 31, and they will have to contend with the funding deadline at the end of the month. And anything that can pass in the Senate has to make its way through the House and ultimately be approved by Trump.

Despite the inability to move forward with the funding package, for now, it appears that neither side wants to thrust the federal government into another shutdown.

‘I don’t think either side wants to see that happen,’ Thune said. ‘I think that’s toxic for both parties. So I’m hoping that there will be goodwill, and we’ll figure out how to fund the government.’

This post appeared first on FOX NEWS

More than 100 House Republicans are demanding increased oversight of Syria as the U.S. prepares to repeal longstanding sanctions against the country.

Reps. Josh Brecheen, R-Okla., and Marlin Stutzman, R-Ind., are leading 134 fellow GOP lawmakers in calling for guarantees that the Syrian government will adhere to terms in the National Defense Authorization Act (NDAA) that set the stage for repealing those sanctions, while warning the U.S. needs to be prepared to reverse that if Syria falters on its progress.

‘Many Members of Congress, committed to seeking peace, prosperity, and tolerance for religious minorities in the region, worked with the Trump Administration and House leadership to secure assurances that snapback conditions regarding the repeal of Syrian sanctions would be enforced if Syria does not comply with the terms highlighted in the repeal language,’ their joint statement read. 

‘The mass murder of the Syrian Christians, Druze, Alawites, Kurds, and other religious and ethnic minorities must be a thing of the past.’

They said Congress was committed ‘to keeping a watchful eye on the new al-Sharaa Administration to ensure protections for religious and ethnic minorities in Syria.’

It comes after two members of the Iowa National Guard serving in Syria were killed in an ambush by an ISIS gunman.

Ahmed Hussein al-Sharaa took power in Syria after the previous government led by Bashar al-Assad was toppled in 2024.

The new leader has sought friendlier relations with the West, even visiting the White House in November of this year.

The House GOP lawmakers said they ‘look forward’ to being invited to Damascus themselves to see that his administration ‘has created a safe environment for the religious and ethnic minorities historically persecuted in the region.’

‘We look forward to confirming that these terms have not been squandered by the Syrian government–whether by their President or by rogue military officials–and seeing for ourselves that the al-Sharaa Administration has created a safe environment for the religious and ethnic minorities historically persecuted in the region,’ they said.

‘As Members of Congress, we understand that the Syrian government’s adherence to the conditions laid out in the NDAA’s sanction repeal language is essential for lasting peace in the Middle East and Syria’s prosperity.’

President Donald Trump signed the NDAA into law on Thursday evening.

This post appeared first on FOX NEWS

VANCOUVER, BC / ACCESS Newswire / December 19, 2025 / CoTec Holdings Corp. (TSXV:CTH,OTC:CTHCF)(OTCQB:CTHCF) (‘CoTec’ or the ‘Company’) is pleased to note MagIron LLC’s (‘MagIron’) press release dated December 18, 2025. CoTec owns 16.5% of the equity in MagIron on a fully diluted basis.

MagIron announced that it has acquired five new state iron ore mining leases with the Minnesota Department of Natural Resources following the approval by the State of Minnesota Executive Council on December 2, 2025. These five new iron ore mining leases grant MagIron the rights to explore, mine and process hematite iron formation located in Itasca County, Minnesota. The leases are effective January 1, 2026 for a 20-year term and cover an area of 760 acres.

These new leases represent the first State-issued hematite mining leases specifically aligned with MagIron’s proprietary process for targeting and upgrading oxidized iron formation into high-grade Direct Reduction (‘DR’) grade iron ore concentrate, a critical input for ore-based metallics needed for the growing U.S. Electric Arc Furnace (‘EAF’) steel sector.

Combined with MagIron’s existing stockpiles, tailings, private mineral agreements, other State mineral leases and the mineral rights it owns, these new leases further strengthen the Company’s restart plans for Plant 4, a modern past-producing concentrator designed to supply the U.S. steel industry with low-carbon, domestically sourced iron units.

Julian Treger, CoTec CEO commented: ‘These leases are another exciting milestone for MagIron as it further secures supply for MagIron in the execution of its strategy of becoming a multi-decade integrated supplier of DR grade pellets to America’s rapidly expanding EAF steel industry.’

For further information, please visit https://magironusa.com

About CoTec

CoTec Holdings Corp. (TSX-V: CTH, OTCQB: CTHCF) is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains for the United States and its allies.

CoTec’s mission is clear: accelerate the energy transition while strengthening U.S. economic and national security. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.

From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a game-changing platform at the intersection of technology, sustainability, and strategic materials.

For more information, please visit www.cotec.ca

For further information, please contact:
Braam Jonker – (604) 992-5600

Forward-Looking Information Cautionary Statement

Statements in this press release regarding the Company and its investments which are not historical facts are ‘forward-looking statements’ which involve risks and uncertainties, including statements relating to the Company’s interest in MagIron, the state leases secured by MagIron, the potential restart of the MagIron operations, the MagIron strategy and its execution and management’s expectations with respect to its current and potential future investments, and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements, due to known and unknown risks and uncertainties affecting the Company, including but not limited to resource and reserve risks; environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social and transport disruptions. For further details regarding risks and uncertainties facing the Company please refer to ‘Risk Factors’ in the Company’s filing statement dated April 6, 2022, a copy of which may be found under the Company’s SEDAR profile at www.sedar.com. The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company’s continuous disclosure documents which are available on SEDAR at www.sedarplus.ca.

Neither 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 news release.

SOURCE: CoTec Holdings Corp.

View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

This post appeared first on investingnews.com

Trump Media & Technology Group (NASDAQ:DJT) has agreed to merge with fusion power developer TAE Technologies in an all-stock transaction valued at more than US$6 billion.

Under the terms of the agreement announced Thursday (December 18), shareholders of Trump Media and TAE will each own roughly 50 percent of the combined entity on a fully diluted basis once the transaction closes, which the companies expect to occur in mid-2026.

Trump Media will serve as the holding company for a portfolio that will include Truth Social, Truth+, TAE Technologies, TAE Power Solutions, and TAE Life Sciences.

The merger pairs Trump Media, best known for operating the Truth Social platform associated with US President Donald Trump, with a privately held fusion company that has spent more than two decades developing alternative nuclear technologies.

TAE Technologies says it has raised more than US$1.3 billion in private capital from investors including Google, Goldman Sachs, Chevron Technology Ventures and Sumitomo Corporation of Americas.

Management of the combined company will be shared. Devin Nunes, chairman and chief executive of Trump Media, and TAE chief executive Michl Binderbauer are set to serve as co-CEOs following completion of the deal.

Michael Schwab, founder and managing director of Big Sky Partners, is expected to become chairman of a nine-member board.

Trump Media said the transaction is designed to leverage its access to public capital to accelerate the commercialization of fusion power.

“Trump Media & Technology Group built uncancellable infrastructure to secure free expression online for Americans, and now we’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations,” Nunes said in the company press release.

Nunes further described fusion as “the most dramatic energy breakthrough since the onset of commercial nuclear energy in the 1950s.”

TAE, which has built and operated five fusion reactors during its research phase, said recent technical advances have reduced the size, cost and complexity of its systems, bringing them closer to commercial deployment.

As part of the transaction, Trump Media has agreed to provide up to US$200 million in cash to TAE at signing, with an additional US$100 million available upon the initial filing of the merger’s registration statement.

The companies said the combined group plans to identify a site and begin construction of a first utility-scale fusion power plant, targeted at roughly 50 megawatts of electrical output, in 2026, pending approvals.

Shares of Trump Media surged more than 30 percent in pre-market trading following the announcement.

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

This post appeared first on investingnews.com

Denison Mines (TSX:DML,NYSEAMERICAN:DNN) has closed a previously announced deal with Skyharbour Resources (TSXV:SYH,OTC:SYHBF) that repurposes a large block of uranium exploration ground surrounding its flagship Wheeler River project in northern Saskatchewan.

The recent transaction formalizes the division of Skyharbour’s former Russell Lake uranium project into four separate joint ventures positioned directly adjacent to, or proximal to, Wheeler River.

The structure is intended to promote closer technical collaboration between the two companies while advancing exploration across claims that sit along the same geological corridors as Denison’s advanced-stage development assets.

Under the new arrangements, Denison will operate the Wheeler North and Wheeler River Inliers joint ventures, holding ownership interests of 49 percent and 70 percent, respectively.

Skyharbour will operate the Russell Lake and Getty East joint ventures, in which Denison holds minority interests of 20 percent and 30 percent. In addition, Denison has secured earn-in option agreements that allow it to increase its ownership in both Wheeler North and Getty East to as much as 70 percent, subject to future conditions.

The claims involved were previously consolidated under Skyharbour’s Russell Lake project, which borders Denison’s Wheeler River property.

The deal strengthens Denison’s already dominant position around Wheeler River, which is the largest undeveloped uranium project in the infrastructure-rich eastern Athabasca Basin.

The company currently holds an effective 95 percent interest in Wheeler River, which hosts the Phoenix and Gryphon deposits.

A feasibility study completed in 2023 outlined Phoenix as an in-situ recovery operation, while an updated study for Gryphon evaluated conventional underground mining.

Both deposits are expected to rank among the lowest-cost uranium operations globally, based on those studies.

Regulatory momentum has also continued at Wheeler River. The project’s environmental assessment received provincial approval from Saskatchewan in July 2025, and federal review advanced with the conclusion of the Canadian Nuclear Safety Commission’s public hearing in December.

Beyond Wheeler River, Denison maintains a broad portfolio across the Athabasca Basin, including interests in the McClean Lake joint venture as well as stakes in the Midwest, Tthe Heldeth Túé, and Huskie deposits.

For Skyharbour, the transaction allows it to remain an active operator on key exploration assets near Wheeler River while continuing to advance its broader Athabasca Basin portfolio.

The company holds interests in 37 uranium projects covering more than 616,000 hectares, including the Moore uranium project, located east of Wheeler River, and the remaining Russell Lake ground now organized under joint venture structures.

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


This post appeared first on investingnews.com