Brightstar Resources Limited (ASX: BTR) (Brightstar or Company) has announced Annual General Meeting Presentation.
Click here for the full ASX Release
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Here’s a quick recap of the crypto landscape for Friday (November 21) as of 9:00 p.m. UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin and Ether price update
Bitcoin (BTC) was priced at US$84,479.56, down by 2.4 percent over 24 hours. Its lowest price of the day was US$82,623.93, and its highest was US$85,341.10.
Bitcoin price performance, November 21, 2025.
Chart via TradingView.
Ether (ETH) was at US$2,736.67, down 3.8 percent over 24 hours. Its lowest price on Friday was US$2,685.25 and its highest was US$2,799.63.
Altcoin price update
- XRP (XRP) was priced at US$1.94, down by 3.3 percent over 24 hours. Its lowest price of the period was US$1.89 and its highest was US$1.99.
- Solana (SOL) was trading at US$127.23, down by 4.8 percent over 24 hours. Its lowest price of the day was US$124.20 and its highest was US$129.79.
Fear and Greed Index snapshot
CMC’s Crypto Fear & Greed Index plunged to 11, firmly in “extreme fear” and its lowest level since late 2022. Reports of large-scale whale liquidations have added to the uncertainty, amplifying pressure across an already fragile market.
CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.
Chart via CoinMarketCap.
Crypto derivatives and market indicators
Open interest in Bitcoin futures declined slightly by 0.98 percent, settling at approximately US$58.67 billion, while Ether futures saw a larger drop of 2.50 percent, closing at US$32.39 billion. This contraction in open interest suggests some unwinding of speculative positions or reduced leverage in the derivatives markets for both leading cryptocurrencies.
Bitcoin experienced US$30.48 million in contracts being liquidated, predominantly short positions, whereas Ether had a slightly higher US$32.43 million liquidated, also mostly shorts. This contrasts with recent days, where the vast majority of liquidations were long positions, indicating a shift in market dynamics and trader positioning.
Bitcoin’s relative strength index was low at 31.32, signaling that it is nearing oversold territory, which can often precede a price rebound or a period of consolidation. Its funding rate was recorded at a modestly positive 0.003 percent, indicating a nearly balanced market where long traders pay a small premium to shorts, reflecting moderate bullish sentiment or mild cost for holding long perpetual contracts.
Ether’s funding rate was higher at 0.01 percent, suggesting stronger bullish positioning and higher demand for long exposure in Ether perpetual futures. Generally, positive funding rates imply that longs are paying shorts, signaling optimism about price appreciation. However, considering liquidations skewed toward shorts recently, this could reflect traders attempting to position for a reversal or hedging against potential volatility.
Today’s crypto news to know
Anchorage expands institutional custody and staking support
Anchorage Digital now supports full custody and staking for HYPE tokens across the Hyperliquid ecosystem. Institutions can custody HYPE on HyperEVM and stake on HyperCORE through Anchorage Digital Bank, the only federally chartered crypto bank in the US, as well as through Anchorage Digital Singapore and the self-custody wallet Porto.
Partnering with staking provider Figment, Anchorage now offers a regulated pathway for institutional participation in the Hyperliquid DeFi ecosystem. This expansion also includes custody for additional ERC-20 tokens like Kinetiq, enhancing institutional access to Hyperliquid’s fast-growing blockchain infrastructure.
Crypto lawyer seeks New York attorney general seat
Khurram Dara, a 36-year-old cryptocurrency lawyer with experience at Coinbase Global (NASDAQ:COIN) and Bain Capital Crypto, has announced his candidacy for attorney general in the state of New York.
Dara is seeking the Republican nomination to challenge the incumbent Democrat, Letitia James, in the 2026 election. Dara’s campaign focuses on ending what he calls ‘lawfare,’ the use of legal tactics for political gain, reducing regulatory overreach, especially in the crypto sector and fostering a more business-friendly environment in New York.
Dara holds a JD from Columbia Law and is affiliated with the Council on Foreign Relations and crypto advocacy groups. He resides in Brooklyn and will face Republican primary competition from Michael Henry.
BitMine reports strong earnings, plans Ether staking launch
BitMine Immersion Technologies (NYSEAMERICAN:BMNR) announced net income of US$328.2 million for its 2025 fiscal year, with fully diluted earnings per share of US$13.39.
The company also declared an annual dividend of US$0.01 per share, becoming the first large-cap crypto firm to pay a dividend. Notably, BitMine announced plans to launch its ‘Made-in-America Validator Network,’ an Ethereum staking infrastructure, in early 2026 with initial pilot partners selected for testing.
Coinbase rolls out Ether-backed loans
Coinbase has launched a new lending feature for eligible US users.
They will be able borrow up to US$1 million in USDC by using Ether as collateral. The product is integrated with the Morpho protocol on Base, though users interact with it entirely through Coinbase’s interface. Borrowers keep exposure to Ether’s price movements while accessing liquidity without having to sell their holdings.
The service is available across most US states, with the exception of New York due to regulatory requirements.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on near-term U.S. interest rate cuts faded.
Bitcoin, the world’s largest cryptocurrency, fell 5.5% to a seven-month low of $81,668. Ether slid more than 6% to $2,661.37, its lowest in four months.
Both tokens are down roughly 12% so far this week.
Cryptocurrencies are often viewed as a barometer of risk appetite and their slide highlights how fragile the mood in markets has turned in recent days, with high-flying artificial intelligence stocks tumbling and volatility spiking VIX.
“If it’s telling a story about risk sentiment as a whole, then things could start to get really, really ugly, and that’s the concern now,” Tony Sycamore, a market analyst at IG, said of the fall in bitcoin.
About $1.2 trillion has been wiped off the market value of all cryptocurrencies in the past six weeks, according to market tracker CoinGecko.
Bitcoin’s slide follows a stellar run this year that propelled it to a record high above $120,000 in October, buoyed by favourable regulatory changes towards crypto assets globally.
But analysts say the market remains scarred by a record single-day slump last month that saw more than $19 billion of positions liquidated.
“The market feels a little bit dislocated, a bit fractured, a bit broken, really, since we had that selloff,” said Sycamore.
Bitcoin has since erased all its year-to-date gains and is now down 12% for the year, while ether has lost close to 19%.
Citi analyst Alex Saunders said $80,000 would be an important level as it is around the average level of bitcoin holdings in ETFs.
The selloff has also hurt share prices of crypto stockpilers, following a boom in public digital asset treasury companies this year as corporates took advantage of rising prices to buy and hold cryptocurrencies on their balance sheets.
Shares of Strategy, once the poster child for corporate bitcoin accumulation, have fallen 11% this week and were down nearly 4% in premarket trade, languishing at one-year lows.
JP Morgan said in a note this week that the company could be excluded from some MSCI equity indexes, which could spark forced selling by funds that track them.
Its Japanese peer Metaplanet has tumbled about 80% from a June peak.
Crypto exchange Coinbase was down 1.9% in premarket trade and is on course for its longest losing streak in more than a month.
Crypto miners MARA Holdings and CleanSpark were down 2.4% and 3.6%, respectively, while the Winklevoss twins’ newly-listed Gemini has plunged 62% from its listing price.
“Bitcoin market conditions are the most bearish they have been since the current bull cycle started in January 2023,” said digital asset research firm CryptoQuant in its weekly crypto report on Wednesday.
“We are highly likely to have seen most of this cycle’s demand wave pass.”
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Secretary of State Marco Rubio said Sunday that discussions over ending the war in Ukraine have entered a productive phase, while claiming ‘a tremendous amount of progress’ had been made.
Following a round of talks with a Ukrainian delegation in Geneva, Switzerland, Rubio told reporters negotiators had ‘a very good day today.’
‘We had a very good day today. I think we made a tremendous amount of progress, even from the last time I spoke to you,’ Rubio said.
‘We began almost three weeks ago with a foundational document that we socialized and ran by both sides, and with input from both sides,’ he said.
Rubio described how negotiators had been refining the 28-point peace framework that outlines potential conditions for a ceasefire and long-term settlement for Ukraine and Russia.
‘Over the last 96 hours or more, there’s been extensive engagement with the Ukrainian side including our Secretary of the Army and others, being on the ground in Kyiv, meeting with relevant stakeholders across the Ukrainian political spectrum in the legislative branch and the executive branch, and the military and others to further sort of narrow these points.’
‘We arrived here today with one goal: to take what – it’s 28 points or 26 points, depending on which version, as it continued to evolve and try to narrow the ones that were open items. And we have achieved that today in a very substantial way,’ he said.
The weekend talks centered on a 28-point plan, which is a framework drafted by the U.S. outlining steps for a possible ceasefire and political settlement.
The document is said to cover security guarantees, territorial control, reconstruction mechanisms, and Ukraine’s long-term relationship with NATO and the EU.
The plan has reportedly evolved through several iterations, narrowing disputes point by point as both sides weigh concessions.
‘Now, obviously, like any final agreement, it’ll have to be agreed upon by the presidents, and there are a couple of issues that we need to continue to work on,’ Rubio clarified.
While declining to specify unresolved issues, Rubio described the moment as ‘delicate.’
‘This is a very delicate moment, and it’s important – like I said, there’s not agreement on those yet. Some of it is semantics or language; others require higher-level decisions and consultation; others, I think, just need more time to work through,’ he said before touching on some issues.
‘There were some that involved equities or the role of the EU or of NATO or so forth, and those we kind of segregated out because we just met with the national security advisors for various European countries, and those are things we’ll have to discuss with them because it involves them.’
‘I don’t want to declare victory or finality here. There’s still some work to be done,’ he added.
Suggesting there is intent to ensure Ukraine’s security, Rubio said that they all ‘recognize that part of getting a final end to this war will require for Ukraine to feel as if it is safe, and it is never going to be invaded or attacked again.’
‘I honestly believe we’ll get there,’ he said, and when asked about next steps, Rubio said a possible call between Presidents Donald Trump and Volodymyr Zelenskyy could happen, adding, ‘I don’t know. It’s possible. I’m not sure.’
‘The deadline is we want to get this done as soon as possible. Obviously, we’d love it to be Thursday,’ he added.
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What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of the artificial intelligence boom and trimmed hopes of support from the Federal Reserve.
The tech-heavy Nasdaq fell 2%, and the broad S&P 500 index dropped by more than 1.5%. The Dow Jones Industrial Average, which tracks 30 top-tier stocks, declined by nearly 390 points. It had been up 700 points earlier in the day. Cryptocurrencies also shed billions in value: Bitcoin had fallen below $87,000 as of late Thursday afternoon, weeks after having set highs above $120,000.
The stunning turnaround added further unease to an already shaky economy that has forced households to trim budgets amid stubborn inflation and signs of a wavering job market. With an ever-increasing part of the economy’s principal driver — consumer spending — now reliant on affluent households, an extended market pullback could inflict wider damage.
‘You don’t have to have the biggest bubble in history for an expensive stock market’ and end up seeing declines, said Matt Maley, chief market strategist at Miller Tabak asset management group.
Traders’ hopes were boosted early Thursday by a better-than-expected jobs report that appeared to show the economy remained resilient. Even before the day began, stocks looked poised to rise after Nvidia, the chipmaker at the heart of the AI boom, reported strong quarterly earnings and revenue.
Yet by midday, markets had turned red. The solid September jobs report diminished the odds that the Federal Reserve will cut interest rates next month to lower the cost of borrowing money to spur economic activity. When investors don’t have to pay as much in interest, they often put those savings into stocks.
“The broad rebound in payrolls suggests diminished risks of a higher unemployment rate,” analysts with Morgan Stanley said in a note published shortly before noon. “We no longer expect a Fed cut in December.”
Losses were further compounded by ongoing concerns about AI — specifically, how much more profitable the companies buying chips like Nvidia’s will be. The fears were articulated Wednesday evening on X by Michael Burry, made famous by the movie ‘The Big Short.’
‘Just because something is used does not mean it is profitable,’ he wrote.
Finally, the ongoing sell-off of bitcoin indicated to some traders that a key source of support for stocks — retail or day traders — were beginning to waver on their trademark ‘buy the dip’ mentality.
‘I wouldn’t say we’ve flipped from bull to bear,’ said Steve Sosnick, chief strategist at Interactive Brokers financial group. ‘I would say we’ve flipped from bull to balanced market in the short term. A lot depends on whether sentiment continues to weaken.’
Stocks had already been showing signs of flagging in recent weeks. With Thursday’s losses, the S&P 500 fell to its lowest point since September.
The long-delayed September jobs report, which showed that the United States added a sturdy 119,000 jobs, appeared to show some glimmers of hope for the economy.
Although the unemployment rate ticked up from 4.3% in August to 4.4%, about 450,000 workers entered the labor force. Economists view that as evidence that job opportunities are still plentiful, despite a wave of corporate layoffs.
Just before the Bureau of Labor Statistics released the jobs report, Verizon told employees it planned to lay off 13,000 employees, or about 13% of its workforce.
The company joined a suite of other blue-chip employers that say they plan to eliminate tens of thousands of jobs, including Amazon, General Motors, IBM, Microsoft, Paramount, Target and UPS.
The details of the jobs report, which captured conditions before the government shutdown, as well more recent jobs data, suggested a more mixed picture for the U.S. economy.
Manufacturing shed 6,000 jobs, continuing a trend in a sector the Trump administration has touted as a key target of its economic policies. Transportation and warehousing also lost 25,300 jobs. Wage growth slowed, and job totals for July and August were revised downward.
The employment gains in September were concentrated in the health care, hospitality and social assistance sectors.
Another snapshot of the economy came courtesy of Walmart, which on Thursday reported strong sales and raised its outlook for the year. That strength points to cracks in the economy, though. Executives said the chain is luring more high-income shoppers who are looking for bargains, and noted that lower-income families are feeling more pressure.
‘As pocketbooks have been stretched, you’re seeing more consumer dollars go to necessities versus discretionary items,’ Chief Financial Officer John David Rainey said on an earnings call Thursday morning.
Walmart’s stock closed 6.5% higher.
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Perth, Australia (ABN Newswire) – Basin Energy Limited (ASX:BSN) (OTCMKTS:BSNEF) announced that it has entered into a binding letter of intent (‘LOI’) with Green Canada Corporation Inc (‘GCC’), a 54% owned subsidiary of PTX Metals Inc. (CVE:PTX) to sell the Marshall Uranium Project (‘Marshall’), located in Saskatchewan, Canada.
Key Highlights
– Basin to sell 100% of Marshall Uranium Project to Green Canada Corporation Inc (‘GCC’).
– GCC progressing toward public listing on Canadian Stock Exchange, in conjunction with a reverse takeover of Maackk Capital Corp.
– Basin will receive consideration of up to:
o C$600,000 payable in cash in four equal annual instalments;
o C$300,000 payable in shares over three equal annual instalments; and
o 9.99% of the total issued capital of the newly listed entity.
– GCC to conduct minimum of C$1.5 million of exploration expenditures over 24 months.
– Basin to retain a 25% project level buyback option and three-year Right of first refusal (ROFR) on any future sale.
– Transaction retains exploration upside to Basin shareholders at Marshall and broadens Basin’s leverage to quality uranium assets within the GCC portfolio specifically targeting Canadian unconformity mineralisation in the Baker and Amer Basins in Nunavut and the Otish Basin in Quebec.
– Transaction sharpens Basin’s strategic focus on shallow discovery opportunities.
– Basin and CanAlaska Uranium Ltd (CVE:CVV) (‘CanAlaska’) have also granted GCC a 9- month exclusivity for the North Millennium Project.
The transaction is proposed to occur in parallel to a proposed Reverse Takeover (‘RTO’) by GCC of Maackk Capital Corp (‘MAACKK’) and concurrent minimum C$2.5 million financing and admission to the Canadian Securities Exchange (‘CSE’) or such other stock exchange as may be mutually agreed upon by the parties.
In addition to the Marshall agreement, Basin and CanAlaska have agreed to grant GCC a 9-month exclusivity right to conduct due diligence and, if satisfactory, negotiate the terms of an earn-in option to acquire up to a 51% interest in the North Millennium joint venture project of CanAlaska and BSN.
Managing Director, Pete Moorhouse commented:
‘We are pleased to enter into an agreement and partnership with Green Canada Corporation to advance the Marshall project. The GCC team are well positioned to add value for Basin Shareholders both through the drill testing of the compelling targets at Marshall, and with the broader exposure to the GCC asset base.
We look forward to seeing these assets advance, whilst Basin retains focus on high-grade shallow opportunities’
Terms of the Deal
In consideration, GCC has agreed to the following payments to Basin:
– C$600,000 payable in cash in four equal annual instalments, with the first payment due on closing of the transaction;
– C$300,000 payable in shares, issuable in three equal annual instalments based on the 5-day Volume-Weighted Average Price on the business day immediately preceding the date of issuance; and
– 9.99% of the total issued and outstanding resulting issuer shares on a non-diluted basis after giving effect to the concurrent financing at the time of closing of the proposed RTO, subject to 12-month escrow.
Basin will receive an additional 400,000 shares in the resulting issuer upon closing of the RTO in return for granting the 9-month exclusivity right in the North Millennium joint venture.
Basin will have a right of first refusal on any sale of the Marshall Project by GCC for a period of three years following the closing date of the transaction. In addition, Basin will retain a repurchase right to acquire from GCC a 25% interest in the Marshall Project for C$1,000,000 for a period commencing on the closing date and ending on the earlier of: the date that is five years from the closing date or the date on which GCC has incurred total exploration expenditures of C$10,000,000 on the Marshall Project.
Pursuant to the terms of the LOI, GCC is required to fund exploration expenditures for an initial work program on the Marshall Project to be carried out within twenty-four months from the closing. The Initial Work Program will have a budget in an amount that is the greater of C$1,500,000, and the minimum amount required to maintain the mineral claims comprising the Marshall Project in good standing under applicable governmental regulations.
Basin will also have the right to nominate one director to the board of the resulting issuer.
GCC will retain the right to withdraw from the transaction at any time after the closing of the transaction, in which case the project will return to Basin and no further payments will be required.
The transaction is conditional on final due diligence from GCC, the completion of the RTO of MAACKK and GCC’s concurrent C$2.5 million minimum capital raise.
About Green Canada Corporation
GCC is a 54% owned subsidiary of PTX Metals Inc. (CVE:PTX) and a uranium exploration company with a portfolio of projects located in Thelon Basin, Nunavut, the Athabasca Basin, Saskatchewan and Quebec. Concurrent to the LOI to acquire Basin’s Marshall project, GCC announced that it has entered into a binding letter of intent with MAACKK pursuant to which GCC and MAACKK intend to complete a transaction that would result in a reverse take-over of MAACKK by the shareholders of GCC (the ‘Proposed RTO’). Closing of the Proposed RTO will be subject to, among other things, requisite regulatory approval for the listing of the resulting issuer of the Proposed RTO (the ‘Resulting Issuer’) on the Canadian Securities Exchange or such other stock exchange as may be mutually agreed upon by the parties, along with completion of concurrent financing and execution of the definitive agreements in respect of the acquisition of the Marshall project.
Upon completion of the Proposed RTO, the current directors and officers of MAACKK will resign and it is anticipated that the board of directors of the Resulting Issuer will be reconstituted to consist of Richard J. Mazur, Greg Ferron, Olivier Crottaz and a representative from the Basin.
About the Marshall and North Millennium Projects
The Marshall project is 100% owned by Basin, and the North Millennium Project is under joint venture agreement on a 40:60 basis with CanAlaska.
The Marshall and North Millennium projects are located less than 11 km from Cameco Corporation’s Millennium deposit (104.8Mlb at 3.8% U3O8) and around 40 km from the prolific McArthur River uranium mine, one of the world’s highest-grade uranium operations, refer to Figure 1*. Both projects are deemed prospective for unconformity style uranium exploration.
In 2024, ground electromagnetics (‘EM’) at Marshall identified three main targets which confirms the geological and exploration model. Of note is Target 1, refer to Figure 2*, where modelled EM plates below the unconformity align with a sandstone Z-Tipper Axis Electromagnetic (‘ZTEM’) anomaly, which is interpreted to be alteration within sandstone. The identification of these targets is encouraging and consistent with regional trends in the southeastern Athabasca and provides increased confidence in drill hole targeting.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/F491N9T7
About Basin Energy Ltd:
Basin Energy Ltd (ASX:BSN) (OTCMKTS:BSNEF) is a green energy metals exploration and development company with an interest in three highly prospective projects positioned in the southeast corner and margins of the world-renowned Athabasca Basin in Canada and has recently acquired a significant portfolio of Green Energy Metals exploration assets located in Scandinavia.
Source:
Basin Energy Ltd
Contact:
Pete Moorhouse
Managing Director
pete.m@basinenergy.com.au
+61 7 3667 7449
Chloe Hayes
Investor and Media Relations
chloe@janemorganmanagement.com.au
+61 458619317
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Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) announced a significant and strategically important development in its Silumina Anodes(TM) project, following formal engagement initiated from a leading global battery manufacturer and one of the world’s largest electric-vehicle battery manufacturer (‘Battery Group’). The Battery Group approached Altech expressing strong interest in the Company’s proprietary high-performance silicon-enhanced anode technology. This unsolicited approach represents a major validation of the technical progress achieved by Altech and underscores the growing global recognition of the breakthrough potential of its alumina-coated silicon innovations.
Following initial discussions, a mutual Non-Disclosure Agreement (NDA) was executed to enable the confidential technical exchange and evaluation of materials. As part of this collaboration, Altech has prepared and supplied Silumina AnodesTM samples to the Battery Group. These samples, developed under the leadership of Altech’s Chief Technical Officer Dr Jingyuan Lui, have now been shipped to the Battery Group for formal testing in their advanced battery-evaluation laboratories in China.
The Battery Group’s team, during preliminary discussions, indicated that across the industry they have not yet seen silicon additions deliver such meaningful performance improvements at low percentages.
Traditionally, attempts to integrate silicon into commercial lithium-ion anodes have been challenged by expansion-related degradation, unstable solid-electrolyte interphase (SEI) formation and rapid cycle-life fade. The strong performance of Altech’s coated silicon, achieved with only modest silicon loading, was highlighted as particularly noteworthy. The Battery Group acknowledged that very few material suppliers globally are producing silicon additives with this level of stability, consistency, and real-world applicability.
This early feedback reinforces the technical advantage and disruptive potential of Altech’s process.
The Battery Group has also requested that Altech undertake coating trials on their supplied graphite material to assess the performance impact of integrating Altech’s proprietary alumina technology directly onto their own anode substrate. Under the NDA, the Battery Group has dispatched several kilograms of representative graphite samples to Altech’s Perth laboratory, where Dr Lui’s team will apply the Company’s coating process and prepare evaluation batches. These coated graphite samples will then be returned to the Battery Group for benchmarking against their internal standards, providing a direct comparison of how Altech’s technology enhances their preferred graphite formulations.
UPDATE OF LONG CYCLE SILUMINA TESTING
Altech announced on 9 October 2025 a major advancement in its Silumina Anodes(TM) project, achieving the strongest battery-cycling performance recorded to date for its proprietary alumina-coated spherical silicon anode material. Since that announcement, the latest test results now demonstrate an impressive 83% capacity retention after 1,000 charge-discharge cycles with a 5% Silumina Anodes(TM) addition to a standard graphite anode. This represents a significant milestone for the Silumina Anodes(TM) technology, confirming both its durability and real-world commercial potential. Importantly, such cycle-life performance places Altech’s material at the forefront of next-generation silicon-enhanced anode technologies, strengthening its position in the rapidly evolving global battery materials market.
HOW SILUMINA ANODES(TM) IS MADE
Altech’s spherisation process transforms irregular silicon particles into perfectly rounded, alumina-coated spheres that integrate seamlessly within graphite anodes. The process begins with submicron silicon powders that are uniformly coated with a nanolayer of high-purity alumina, buffering against volume expansion during lithiation. These coated particles are then spherified through a precision-controlled thermal and mechanical process that rounds their geometry (refer Figure 1*). When blended into the graphite matrix, the spherical Silumina AnodesTM particles naturally occupy microscopic voids, where they can expand and contract freely during cycling without damaging the surrounding structure (refer Figure 2*). This optimised configuration mitigates mechanical stress, maintains electrode integrity, and enhances electrical connectivity. With only a 5% addition, the design achieves >40% capacity boost while preserving exceptional cycle stability over extended use.
Altech’s Managing Director Iggy Tan stated ‘This engagement from the world’s largest battery manufacturer is a powerful validation of our Silumina Anodes(TM) technology. Their early feedback, particularly noting they have not seen silicon additions perform this effectively at such low levels, reinforces the significance of our breakthrough. We are excited to advance this collaboration under the NDA and look forward to demonstrating how Altech’s coating technology can further enhance their graphite and anode performance.’
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/444MKKI0
About Altech Batteries Ltd:
Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.
The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.
Source:
Altech Batteries Ltd
Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com
Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com
News Provided by ABN Newswire via QuoteMedia
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Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announced the appointment of Ms. Stacy Newstead to its Advisory Board as Strategic Advisor – Materials Strategy.
Stacy Newstead brings U.S. defense materials expertise to advance Locksley’s critical mineral and commercialisation initiatives.
HIGHLIGHTS
– Stacy Newstead appointed as a Strategic Advisor to the Locksley Advisory Board
– Ms Newstead currently serves as Materials Strategy and Risk Manager at Lockheed Martin, overseeing U.S. supply chain risk mitigation for critical materials used in advanced defence systems
– Over two decades of experience across defence, critical minerals, and advanced materials sectors, including leadership roles at Huntington Ingalls Industries, Textron Systems, and Evolution Energy Solutions –
– Expertise spanning U.S. Department of Defence acquisition, system manufacturing and production, materials engineering, supply chain risk mitigation, critical component supply chains, and state and federal engagement for manufacturing facilities
– Appointment strengthens Locksley’s U.S. Government initiatives and supports commercialisation of American-sourced antimony and rare earth supply chains
– Locksley has submitted U.S. Govt White Paper funding request under Defence Production Act Title III DPA to advance project financing position and accelerate first mover status in re-establishing domestic Antimony industry and U.S supply chain strength
Ms. Newstead currently serves as Materials Strategy and Risk Manager at Lockheed Martin, where she leads initiatives to secure domestic and allied sources of key materials vital to U.S. defense manufacturing and national security. Her work focuses on assessing and mitigating material, pricing, and geopolitical risk across complex supply chains that underpin critical technologies including munitions, batteries, and aerospace systems.
A highly accomplished executive, Ms. Newstead brings more than 20 years of experience across U.S. Government, defense, and industrial sectors. Her prior roles include senior program leadership at Huntington Ingalls Industries and Textron Systems, as well as Chief Executive Officer of the U.S. subsidiary of Evolution Energy Minerals (ASX:EV1), where she led onshoring initiatives for graphite and advanced battery materials.
Her appointment reinforces Locksley’s position at the intersection of critical minerals, defense, and national security strategy, providing invaluable insight into U.S. policy, funding and industrial collaboration opportunities. This strengthens the Company’s ability to engage with U.S. partners and access Federal programs supporting domestic critical mineral supply chains, advancing Locksley’s mine-to-market strategy for U.S.-sourced antimony and rare earths.
Kerrie Matthews, Locksley CEO commented:
‘Stacy’s appointment represents another significant step in strengthening our U.S. advisory capability. Her deep understanding of defense material supply chains, coupled with her leadership at Lockheed Martin, brings exceptional strategic value to Locksley as we advance our mine-to-market development of American sourced antimony and rare earths.’
‘Her perspective on material security and risk will help guide our engagement with U.S. industry and government stakeholders as we scale from pilot to commercial operations.’
Ms Newstead commented:
‘The restoration of secure, transparent and domestic critical mineral supply chains is essential to both U.S. defense readiness and the broader energy transition. Locksley’s integrated mine-to-market model and U.S. operational footprint, position it as a key contributor to these national objectives. I’m honored to support the team’s strategy and growth trajectory.’
About Locksley Resources Limited:
Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.
Mojave Project
Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.
In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.
Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.
Tottenham Project
Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation
Source:
Locksley Resources Limited
Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au
News Provided by ABN Newswire via QuoteMedia
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A former TV anchor-turned entrepreneur convicted of stealing millions of dollars in a COVID-era fraud scheme will spend the next decade behind bars at the same Texas prison camp as infamous sex trafficker Ghislaine Maxwell.
Earlier this year, a federal grand jury found Stephanie Hockridge, 42, guilty of one count of conspiracy to commit wire fraud. On Friday, Hockridge was sentenced to 10 years in lockup at a Federal Prison Camp in Bryan, Texas, the New York Post reported. She was also ordered to pay over $63 million in restitution.
Hockridge was convicted ‘in a scheme to fraudulently obtain over $63 million in Paycheck Protection Program (PPP) loans guaranteed by the U.S. Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act,’ according to the Department of Justice (DOJ).
Hockridge co-founded lender service provider Blueacorn in April 2020, ostensibly to help small businesses and individuals secure PPP loans during the COVID-19 pandemic, the DOJ said. She previously worked as a TV news anchor for KNXV in Phoenix, the Post wrote.
Screenshots of internal messages within Blueacorn show Hockdridge instructing staff to prioritize what were known as ‘VIPPP’ clients over regular PPP borrowers.
‘To get larger loans for certain PPP applicants, Hockridge and her co-conspirators fabricated documents, including payroll records, tax documentation and bank statements,’ the DOJ wrote in a press release. ‘Hockridge and her co-conspirators charged borrowers kickbacks based on a percentage of the funds received.’
Hockridge, however, claimed Blueacorn was a ‘sincere effort to support small businesses’ during the coronavirus pandemic, according to the Post.
The PPP was implemented to provide small businesses with funds to keep their workers on payroll, hire back employees who may have been laid off and cover applicable expenses like rent, utilities and mortgage interest during the pandemic.
Maxwell is serving her 20-year sentence at the same prison camp in Bryan for her role in a scheme to sexually exploit and abuse multiple minor girls with Jeffrey Epstein over the course of a decade.
Theranos fraudster Elizabeth Holmes and former ‘The Real Housewives of Salt Lake City’ star Jennifer Shah are also serving time at the same facility.
Neither Hockridge’s attorney nor the Federal Bureau of Prisons immediately returned Fox News Digital’s requests for comment.
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A new feature on Elon Musk’s X is exposing the truth behind social media accounts across the political spectrum, with account owners apparently misleading followers about where they are posting from.
The new feature allows all X users to inspect where a given account is based, usually listing a country or region. Many popular accounts posing as American ‘patriots’ or ‘constitutionalists’ have been exposed as being run from foreign countries since the update rolled out on Friday.
One account with the handle ‘@1776General_’ boasts over 140,000 followers and has a user biography describing the owner as a ‘constitutionalist, patriot and ethnically American.’ The biography claims the account is based in the U.S., but X’s new feature reveals it is actually based in Turkey.
‘I work in international business. I’m currently working in Turkey on a contract,’ the owner of the account posted after the new feature was released.
Another account, ‘@AmericanVoice__’ had over 200,000 followers before the update rolled out. The new feature exposed that it was being run from South Asia, and the owners simply deleted the account.
X head of product Nikita Bier says the new feature should help X users sift out misinformation from their feeds.
‘When you read content on X, you should be able to verify its authenticity. This is critical for staying informed about important issues happening in the world. Part of this is showing new information in accounts, including the country an account is located in, among other things,’ Bier wrote.
The phenomenon is not limited to American politics, however. Many accounts claiming to have been reporting on alleged Israeli war crimes in Gaza also appear to be misleading users.
One user, Motasm A Dalloul, uses the handle ‘@AbujomaaGaza’ and claims to be a ‘Gaza-based journalist.’ His account has over 197,000 followers, but X says the owner is actually posting from Poland.
Dalloul has pushed back on claims that he is lying to his followers, however, posting a video on Saturday that appeared to show him on the ground in Gaza. Many users have argued about whether the video was digitally altered.
Another Palestinian-related account, the Quds News Network or @QudsNen, describes itself as the ‘largest independent Palestinian youth news network’ and has over 600,000 followers.
The account lists its location as ‘Palestine,’ but X says the account is actually based out of Egypt – unlike other accounts that X does list as being based in ‘Palestine,’ such as American-Palestinian journalist Mariam Barghouti.
A similar account under the name Times of Gaza/@Timesofgaza has nearly one million followers. It claims to provide the ‘latest news updates and top stories from occupied Palestine.’ The account is based in ‘East Asia and the Pacific,’ according to X.
X representatives have said its new feature could be partially spoofed by using a VPN to mask a user’s true location. In such cases where a VPN was detected, X added a warning next to the listed location.
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