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The lithium market faced continued pressure in Q1 2025 as oversupply and weaker-than-expected demand pushed prices to a four-year low, with the lithium carbonate CIF North Asia price dipping below US$9,550 per metric ton.

The broad market decline led many analysts to speculate that the market had bottomed and a rebound was imminent. This was further supported by production cuts in China and Australia aimed at stabilizing supply.

Despite near-term challenges, long-term prospects remain strong, highlighted by Rio Tinto’s (ASX:RIO,NYSE:RIO,LSE:RIO) AU$6.7 billion acquisition of Arcadium Lithium, the company formed by the merger of Allkem and Livent.

The major is also reportedly in talks to develop the Roche Dure lithium deposit in the Democratic Republic of Congo.

Long term electric vehicle (EV) market growth and a projected draw down in excess supply has prompted Benchmark Intelligence researchers to forecast a 12 percent compound annual growth rate for the lithium market over the next 10 years.

All lithium stocks listed had market caps above $20 million in their respective currencies when data was gathered. Data for Canadian stocks was collected on March 25, 2025, data for Australian stocks was gathered on March 27, 2025, and data for US stocks was gathered on March 31, 2025.

Top Canadian lithium stocks

1. Power Metals (TSXV:PWM)

Company Profile

Year-to-date gain: 163.04 percent
Market cap: C$196.57 million
Share price: C$1.21

Exploration company Power Metals holds a portfolio of diversified assets in Ontario and Québec, Canada. The company’s flagship Case Lake project in Ontario hosts spodumene-bearing lithium-cesium-tantalum pegmatites.

In November 2024, Power Metals identified a new pegmatite zone at Case Lake through soil sampling. The samples from the zone, located north-northwest of its West Joe prospect, revealed anomalous levels of cesium, tantalum, lithium and rubidium, which the company said ‘affirmed prospective drill targets’ for its winter exploration program.

On February 10, Power Metals announced the beginning of work associated with the maiden mineral resource estimate and preliminary economic assessment for Case Lake, which it expected to release in Q1 and Q2 of 2025 respectively.

Days later, on February 14, the company followed that announcement by releasing the final assays from its Phase 3 drilling at Case Lake, including “exceptional cesium oxide and tantalum intercepts” from the West Joe prospect. Power Metals stated it planned to begin its 2025 Phase 1 drilling sometime after early March.

The company’s share price rose in the weeks following the pair of announcements to reach a Q1 high of C$1.46 on February 25.

2. NOA Lithium Brines (TSXV:NOAL)

Company Profile

Year-to-date gain: 41.18 percent
Market cap: C$46.99 million
Share price: C$0.36

NOA is a lithium exploration and development company with three projects in Argentina’s Lithium Triangle region. The company’s flagship Rio Grande project and prospective Arizaro and Salinas Grandes land packages total more than 140,000 hectares.

In late January, NOA reported its completion of 28 vertical electrical sounding geophysics tests at the Rio Grande project as part of its 2025 exploration program.

The recent testing expands on past studies and will aid NOA’s water exploration program, refining one of three identified potential water sources.

In a subsequent corporate update on February 7, NOA outlined its plans for Q1 2025, which largely focused on the advancement of the Rio Grande project through geophysical evaluation and water exploration drilling. The company also plans to review engineering proposals for preliminary economic assessment work.

The company’s share price began climbing in early February and reached a Q1 high of C$0.37 on March 13.

The high came days after a Simply Wall Street report highlighted insider buying at the company, a signal of strong internal confidence.

According to the report, NOA insiders invested C$862,600 over the prior six months, with C$358,000 of that coming in a single transaction by CEO and Director Gabriel Rubacha. Additionally, they had not sold any shares in the prior 12 months.

3. Frontier Lithium (TSXV:FL)

Press ReleasesCompany Profile

Year-to-date gain: 35.56 percent
Market cap: C$141.38 million
Share price: C$0.61

Pre-production mining company Frontier Lithium aims to be a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts in North America.

The Company’s flagship PAK lithium project, which is a joint venture with Mitsubishi (TSE:8058), holds the “largest land position and resource” in a premium lithium mineral district located in the Great Lakes region of Ontario, Canada. Frontier also owns the Spark deposit, located northwest of the PAK project.

Shares of Frontier Lithium reached a Q1 high of C$0.79 on March 4. After already trending upwards through February, its share price peaked alongside news that the Government of Canada and the Ontario Government supported the company’s plans to build a critical minerals refinery in Northern Ontario.

Once complete the proposed lithium conversion facility will process lithium from PAK into around 20,000 metric tons (MT) of lithium salts per year. “This expected capacity would support the production of batteries for approximately 500,000 electric vehicles per year,” Frontier’s statement reads.

Top Australian lithium stocks

1. Tyranna Resources (ASX:TYX)

Company Profile

Year-to-date gain: 40 percent
Market cap: AU$23.02 million
Share price: AU$0.007

Africa-focused explorer Tyranna Resources is currently focused on its flagship Muvero lithium project in Angola.

In a January 30 update, Tyranna reported it completed a drill program totalling 11 diamond drill holes spanning 817 meters. Initial results from drilling at the Muvero and Loop prospects confirmed visible spodumene-bearing pegmatite. Additionally, core from the Muvero prospect will be used for metallurgical testing and structural data.

The company is also pursuing and evaluating additional projects that align with its strategy of focusing on in-demand metals, and had applied for one licence at that time.

Shares of Tyranna reached a quarterly high of AU$0.007 several times over the three month period.

2. Liontown Resources (LTR:AU)

Company Profile

Year-to-date gain: 24.53 percent
Market cap: AU$1.58 billion
Share price: AU$0.66

Liontown Resources has two assets in Western Australia, including the producing Kathleen Valley mine, which entered production during the second half of 2024 and transitioned to commercial production in January 2025.

The company’s Buldania project in the Eastern Goldfields Province of Western Australia has an initial mineral resource of 15 million MT at 1.0 percent lithium oxide.

In its fiscal H1 2025 financial update, Liontown reported that over 100,000 wet metric tons of spodumene concentrate had been shipped from Kathleen Valley between July and the end of December.

Liontown’s shares rose to a Q1 high of AU$0.735 on March 19, 2025, shortly after the release of the half year results.

3. Delta Lithium (ASX:DLI)

Year-to-date gain: 9.09 percent
Market cap: AU$125.39 million
Share price: AU$0.18

Delta Lithium is a diversified exploration and development company focused on discovering high quality, lithium bearing pegmatite deposits in Western Australia.

Currently, Delta is developing the Mount Ida gold and lithium project, which reportedly has a JORC-compliant resource of 14.6 million MT grading 1.2 percent. Additionally, the company is exploring its Yinnetharra lithium project, including the Malinda deposit, in the Upper Gascoyne Region.

Company shares registered a Q1 high of AU$0.20 on January 14.

On January 21, Delta released an exploration update for Yinnetharra that highlighted drilling and metallurgical results from the M1 pegmatite at the Malinda deposit.

“The program has realised highly positive metallurgical results, with pilot plant spodumene recoveries exceeding our Internal financial modelling and proving the whole-of-ore flotation flowsheet as suitable for the M1 mineralogy,” Managing Director James Croser said.

In a subsequent financial statement, Delta noted the submission of the mining lease application for the Malinda mining area and the commencement of Native Title negotiations. The company is also advancing its environmental permitting process at Malinda.

Top US Lithium Stocks

1. SQM (NYSE:SQM)

Company Profile

Year-to-date gain: 9.29 percent
Market cap: AU$11.36 billion
Share price: US$40.23

SQM is one of the world’s largest lithium producers with projects in South America and China, outputting both lithium carbonate and hydroxide.

In 2024, SQM produced approximately 210,000 MT of lithium, with about 180,000 MT sourced from its chemical plant in northern Chile and an additional 30,000 MT processed in China.

The lithium major also saw lithium sales increase 21 percent year-over-year to nearly 205,000 MT of lithium carbonate equivalent (LCE).

“However, the increase in volume was not enough to offset the continuous decline in prices, a trend we have been observing since early 2023,” the 2024 earnings report noted. “As a result, our average realized price dropped by more than 64 percent, from US$30,467 per ton in 2023 to US$10,936 per ton in 2024.”

Shares of SQM reached a Q1 high of US$45.61 on March 17, 2025.

In late February, SQM’s US$7 million investment in Andrada Mining’s (LSE:ATM,OTCQB:ATMTF)Lithium Ridge project received final approval from the Namibian government. The deal will see SQM obtain a 30 percent stake in the project with an option to increase to 50 percent.

FAQs for investing in lithium

How much lithium is on Earth?

While we don’t know how much total lithium is on Earth, the US Geological Survey estimates that global reserves of lithium stand at 22 billion metric tons. Of that, 9.2 billion MT are located in Chile, and 5.7 billion MT are in Australia.

Where is lithium mined?

Lithium is mined throughout the world, but the two countries that produce the most are Australia and Chile. Australia’s lithium comes from primarily hard-rock deposits, while Chile’s comes from lithium brines. Chile is part of the Lithium Triangle alongside Argentina and Bolivia, although those two countries have a lower annual output.

Rounding out the top five lithium-producing countries behind Australia and Chile are China, Argentina and Brazil.

What is lithium used for?

Lithium has many uses, including the lithium-ion batteries that power electric vehicles, smartphones and other tech, as well as pharmaceuticals, ceramics, grease, lubricants and heat-resistant glass. Still, it is largely the electric vehicle industry that is boosting demand.

How to invest in lithium?

Those looking to get into the lithium market have many options when it comes to how to invest in lithium.

Lithium stocks like those mentioned above could be a good option for investors interested in the space. If you’re looking to diversify instead of focusing on one stock, there is the Global X Lithium & Battery Tech ETF (NYSE:LIT), an exchange-traded fund (ETF) focused on the metal. Experienced investors can also look at lithium futures.

Unlike many commodities, investors cannot physically hold lithium due to its dangerous properties.

How to buy lithium stocks?

Through the use of a broker or an investing service such as an app, investors can purchase lithium stocks and ETFs that match their investing outlook.

Before buying a lithium stock, potential investors should take time to research the companies they’re considering; they should also decide how many shares will be purchased, and what price they are willing to pay. With many options on the market, it’s critical to complete due diligence before making any investment decisions.

It’s also important for investors to keep their goals in mind when choosing their investing method. There are many factors to consider when choosing a broker, as well as when looking at investing apps — a few of these include the broker or app’s reputation, their fee structure and investment style.

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

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Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce that the Company showcased it’s CERENERGY(R) Battery technology at the prestigious Hannover Messe 2025, the world’s leading industrial trade fair. The event, which annually attracts over 200,000 visitors and 6,500 exhibitors from across the globe, provided Altech with a prime platform to introduce CERENERGY(R) to key stakeholders in the energy storage sector.

Altech’s CERENERGY(R) was prominently featured in the Energy Storage Hall, drawing significant attention from industry leaders, potential partners, and investors eager to explore next-generation solutions for clean energy storage. The company’s participation is part of a broader strategic effort to secure a strong commercial partner to help accelerate the commercialization of its sodium-alumina solid-state battery technology.

Throughout the event, Altech held numerous high-level meetings with representatives from energy companies, industrial manufacturers, and strategic investors looking to tap into the rapidly growing energy storage market. The response has been overwhelmingly positive, reflecting strong global demand for advanced battery technologies that can deliver high performance while reducing reliance on critical raw materials such as lithium and cobalt.

The Hannover Messe exhibition comes at a time when Germany is ramping up its defense and clean energy investments, driven in part by growing geopolitical uncertainties and the ongoing EU:US trade war. With energy security becoming a top priority, Altech’s CERENERGY(R) technology aligns perfectly with Europe’s strategic push towards energy independence and industrial resilience.

Group Managing Director Iggy Tan said ‘We are delighted by the level of interest in our CERENERGY(R) battery technology at Hannover Messe. The feedback we’ve received from potential partners and industry players has been extremely encouraging. As countries and industries accelerate their transition towards renewable energy, we see CERENERGY(R) as a game-changer in providing cost-effective, safe, and sustainable battery solutions.’

*To view photographs, please visit:
https://abnnewswire.net/lnk/8J6TA5ZV

About Altech Batteries Ltd:  

Altech Batteries Limited (ASX:ATC) (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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President Donald Trump said he wants Elon Musk to stay on his team ‘as long as possible’ during a conversation with reporters Thursday, adding DOGE had found something ‘horrible’ without divulging details.

The president made his remarks during a conversation with reporters on Air Force One after Trump was asked how much longer Musk would stay on as a ‘special government employee.’ 

The questions followed a report from Politico this week claiming Trump had told his inner circle that Musk will be leaving his role as a ‘special government employee’ with DOGE soon. The report cited internal frustrations with Musk’s ‘unpredictability’ and his potential to be a ‘political liability.’  

‘Elon is fantastic. He’s a patriot,’ Trump told reporters, adding Musk can stay at the White House ‘as long as he’d like’ and that he personally wants him to stay ‘as long as possible.’

‘I like smart people, and he’s a smart person. I also like him, personally,’ Trump added. ‘We’re in no rush. But there will be a point at which time Elon’s going to have to leave.’

‘Special government employees’ are permitted to work for the federal government for ‘no more than 130 days in a 365-day period,’ according to data from the Office of Government Ethics. Musk’s 130-day timeframe, beginning on Inauguration Day, would expire May 30.

When asked if he would consider appointing Musk to a different post to keep him around longer, Trump said that could be a possibility. 

‘I would. I think Elon’s great,’ Trump responded. ‘But he also has a company to run, or a number of companies to run.’

According to the president, ‘the secretaries’ within his cabinet will take over the work Musk has been doing with DOGE upon Musk’s exit from DOGE.

That work, Trump added, found something ‘horrible’ and ‘incredible’ today, but he would not divulge further details to reporters.

Musk’s work with DOGE officially began after President Trump signed an executive order establishing the office Jan. 20. The role of ‘special government employee’ was created in 1962 to permit the executive or legislative branch to hire temporary employees for specific short-term initiatives.

When asked for a specific date of Musk’s potential departure, the president responded that it could be as long as ‘a few months.’

‘I’d keep him as long as I can keep him,’ Trump told reporters earlier this week. ‘He’s a very talented guy. You know, I love very smart people. He’s very smart. And he’s done a good job.’

The president added on Air Force One that he envisions many of the employees working under Musk at DOGE will eventually find their way into full-time positions in various federal agencies.

Fox News’ Emma Colton contributed to this report.


This post appeared first on FOX NEWS

Senate Republicans cleared the way on Thursday for an eventual vote on the latest version of a budget to push through several key agenda items for President Trump, including the southern border and extending his 2017 tax cuts. 

A motion to proceed was agreed to in the upper chamber just one day after Senate Budget Committee Chairman Lindsey Graham unveiled the Senate’s amendment to the House’s budget plan. 

The Senate agreed to the motion by a vote of 52 to 48, along party lines. The only exception was Sen. Rand Paul, R-Ky., who voted against it. Paul has criticized the budget framework’s provision on the debt ceiling. 

The changes made by the Senate include raising the debt ceiling by up to $5 trillion and making Trump’s tax cuts permanent by using what’s known as a current policy baseline, as determined by the chairman. 

The Thursday motion kicks off roughly a day’s worth of debate, before a ‘vote-a-rama’ begins. The marathon amendment votes are expected to take place at some point on Friday afternoon or evening after debate concludes. 

During a vote-a-rama, senators are able to introduce an unlimited number of amendments, and many are expected to get floor votes. 

After the amended budget resolution passes in the Senate, which it is expected to do at some point on Saturday, the House will need to take it up again. 

This is a significant step forward for Republicans in their quest to get Trump’s priorities done through the budget reconciliation process. This key budget process lowers the vote threshold in the Senate from 60 to 51, allowing the GOP to pass things without support from their Democrat counterparts. Reconciliation is considered a key tool for the Republican trifecta in Washington to get Trump’s policies passed. 

Early on, Republicans in the House and Senate were split on how to organize the key resolution. House Republican leaders largely preferred doing one reconciliation bill that addressed both the border and tax cuts, while Senate Republicans wanted to separate the issues into two bills. 

Republicans in the lower chamber made it clear they would only accept one reconciliation bill that included border funding and tax cut extensions, as they have less room for dissent in their slim majority. 

Each chamber passed their preferred resolution, but Trump’s support for one bill on multiple occasions put the House’s strategy over the top. Senate Republicans themselves even described their resolution as a backup plan to the House’s. 


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Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces March sales volumes of 2,580 boepd, including natural gas sales of 14.5 MMcfpd, associated natural gas liquids sales from condensate of 146 bopd and oil sales of 12 bopd, based on field estimates, bringing our average daily sales volumes to 2,446 boepd in Q1 2025, up 41% from Q4 2024.

Natural gas, NGLs and crude oil sales:

March

2025

February

2025

Q1

2025

Q4

2024

Natural gas (Mcfpd), by field:

Caburé

12,652

10,954

11,707

7,476

Murucututu

1,877

2,061

2,096

2,231

Total Company natural gas (Mcfpd)

14,529

13,015

13,803

9,707

NGLs (bopd)

146

115

135

109

Oil (bopd)

12

10

11

Total Company (boepd)

2,580

2,285

2,446

1,738

Corporate Presentation

Alvopetro’s updated corporate presentation is available on our website at:
http://www.alvopetro.com/corporate-presentation .

Social   Media

Follow Alvopetro on our social media channels at the following links:

Twitter – https://twitter.com/AlvopetroEnergy
Instagram – https://www.instagram.com/alvopetro/
LinkedIn – https://www.linkedin.com/company/alvopetro-energy-ltd
YouTube – https://www.youtube.com/channel/UCgDn_igrQgdlj-maR6fWB0w

Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro’s organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

All amounts contained in this new release are in United States dollars, unless otherwise stated and all tabular amounts are in thousands of United States dollars, except as otherwise noted.

Abbreviations:

boepd

=

barrels of oil equivalent (‘boe’) per day

bopd

=

barrels of oil and/or natural gas liquids (condensate) per day

Mcf

=

thousand cubic feet

Mcfpd

=

thousand cubic feet per day

MMcfpd

=

million cubic feet per day

NGLs

=

natural gas liquids

Q1 2025

=

three months ended March 31, 2025

Q4 2024

=

three months ended December 31, 2024

BOE Disclosure . The term barrels of oil equivalent (‘boe’) may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil.

SOURCE Alvopetro Energy Ltd.

Cision View original content: http://www.newswire.ca/en/releases/archive/April2025/03/c2450.html

News Provided by Canada Newswire via QuoteMedia

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President Donald Trump confirmed that multiple employees within the National Security Council were fired Thursday, adding to National Security Advisor Mike Waltz’s recent political woes that have snowballed since Democrats first slammed him over March’s Signal chat leak. 

‘Always, we’re going to let go of people we don’t like, or people we don’t think can do the job, or people who may have loyalties to somebody else,’ Trump said from Air Force One when asked about reports on the NSC firings. 

Trump confirmed that NSC members had been fired, but remarked it was not many individuals. 

Trump added that he continues to trust his NSC team, remarking that they’ve ‘done very well’ and ‘had big success with the Houthis.’  

Waltz, who previously served as a Florida congressman and as a decorated combat Green Beret, has come under fire from Democrats and critics since March, when the Atlantic magazine’s editor-in-chief Jeffrey Goldberg published a firsthand account of getting added to a Signal group chat with top national security leaders, including Waltz, Secretary of Defense Pete Hegseth and CIA Director John Ratcliffe, while they discussed strikes against Yemen terrorists. Trump and his administration have repeatedly defended the national security leader amid criticisms over the chat leak.  

Signal is an encrypted messaging app that operates similarly to texting or making phone calls, but with additional security measures that help ensure communications are kept private to those included in the correspondence. 

The Atlantic’s report characterized the Trump administration as texting ‘war plans’ regarding a planned strike on Houthi rebels in Yemen. The Trump administration has maintained, however, that no classified material was transmitted in the chat, with Trump repeatedly defending Waltz amid the fallout. 

‘As the president has made it very clear, Mike Waltz continues to be an important part of his national security team,’ Trump administration press secretary Karoline Leavitt told the media in brief remarks outside of the White House’s press room Monday afternoon. ‘And this case has been closed here at the White House, as far as we are concerned.’ 

‘There have been steps made to ensure that something like that can obviously never happen again,’ she continued. ‘And we’re moving forward. And the president and Mike Waltz and his entire national security team have been working together very well, if you look at how much safer the United States of America is because of the leadership of this team.’ 

Fox News Digital has compiled a timeline of accusations and outrage directed at and involving Waltz since the Atlantic’s first report on the chat leak. 

  • March 24: The Atlantic publishes a report that Goldberg was added to a Signal chat that claimed national security leaders were discussing ‘war plans’ with one another.
  • March 25: Trump tells NBC News he believes a staffer in Waltz’s office was behind mistakenly adding the Atlantic’s editor-in-chief to the group chat.
  • March 25: Democratic outrage over the Atlantic article mounts, including Sen. Mark Warner of Virginia, the top Democrat on the Senate Intelligence Committee, calling on Waltz and Hegseth to resign.
  • March 25: Director of National Intelligence Tulsi Gabbard and CIA Director John Ratcliffe join an annual Senate Intelligence Committee hearing and report no classified material was shared in the chat and that the Signal chat was ‘lawful.’
  • March 25: Waltz joins Fox News and takes ‘full responsibility’ for the Signal chat leak. Waltz added that he ‘100 percent’ did not personally know Goldberg before the Signal debacle.’I take full responsibility. I built the group,’ Waltz said on ‘The Ingraham Angle’ March 25. ‘It’s embarrassing. We’re going to get to the bottom of it.’
  • ‘I take full responsibility. I built the group,’ Waltz said on ‘The Ingraham Angle’ March 25. ‘It’s embarrassing. We’re going to get to the bottom of it.’
  • March 26: Politico reports anonymous sources found Trump was irritated with Waltz over the leak, while the president publicly defended Waltz as ‘a very good man.’
  • March 26: The Atlantic publishes a follow-up story that included direct texts from the Signal chat, but notably did not include the phrase ‘war plans’ in its headline, instead characterizing the texts as ‘attack plans.’
  • March 26: Administration officials slam the Atlantic’s follow-up story as exposing a ‘hoax’ against Trump. Waltz also doubled-down that the Signal messages published in the Atlantic article did not include, ‘locations. No sources & methods. NO WAR PLANS.’
  • March 26: Leavitt says Elon Musk and his Department of Government Efficiency team would help investigate the Signal leak.
  • March 28: Politico reports Trump did not want to fire Waltz and ‘give the press a scalp,’ according to anonymous sources reportedly familiar with private discussions.
  • March 30: Goldberg joins NBC News’ Kristen Welker and says Waltz’s claims the two had never met or spoken are ‘simply not true.’
  • March 31: Leavitt declares Signal case is ‘closed,’ reiterating that ‘Mike Waltz continues to be an important part of his national security team.’
  • April 1: Washington Post reports Waltz and National Security Counsel staff used Gmail to conduct government business. NSC spokesman Brian Hughes pushed back on the Washington Post report in a comment provided to Fox Digital Thursday:’This is the latest attempt to distract the American people from President Trump’s successful national security agenda that’s protecting our nation. Let me reiterate, NSA Waltz received emails and calendar invites from legacy contacts on his personal email and cc’d government accounts for anything since January 20th to ensure compliance with records retention, and he has never sent classified material over his personal email account or any unsecured platform.’
  • ‘This is the latest attempt to distract the American people from President Trump’s successful national security agenda that’s protecting our nation. Let me reiterate, NSA Waltz received emails and calendar invites from legacy contacts on his personal email and cc’d government accounts for anything since January 20th to ensure compliance with records retention, and he has never sent classified material over his personal email account or any unsecured platform.’
  • April 1: House Oversight Democrats open investigation into Waltz’s use of Gmail.
  • April 2: Politico reports Waltz’s office set up at least 20 different Signal group chats to coordinate with other officials. NSC pushes back that Signal is allowed on government devices and is an app used by both the Biden and Trump administrations:’Signal is an approved, encrypted messaging app and any claim NSC officials sending classified information over these channels is false. It can be used for unclassified messaging and a user has the responsibility to preserve any official record created,’ Hughes said in Thursday comment provided to Fox Digital. ‘Some in NSC, like those in the media and many areas across the federal government, use the Signal app. There are federal agencies that automatically install the app on government devices, as was testified to in congressional hearings last week. Using Signal to send unclassified information is appropriate and these same facts have been reported multiple times in the last few days. All communications are a reflection of a thoughtful dialog of those committed to the effective implementation of the President’s agenda.’
  • ‘Signal is an approved, encrypted messaging app and any claim NSC officials sending classified information over these channels is false. It can be used for unclassified messaging and a user has the responsibility to preserve any official record created,’ Hughes said in Thursday comment provided to Fox Digital. ‘Some in NSC, like those in the media and many areas across the federal government, use the Signal app. There are federal agencies that automatically install the app on government devices, as was testified to in congressional hearings last week. Using Signal to send unclassified information is appropriate and these same facts have been reported multiple times in the last few days. All communications are a reflection of a thoughtful dialog of those committed to the effective implementation of the President’s agenda.’
  • April 3: The New York Times reports far-right activist Laura Loomer reportedly presented Trump with a list of National Security Counsel staff who have been disloyal and should be fired.
  • April 3: Trump confirms some members at NSC have been fired. He told the media that Loomer was not involved with the firings of the NSC members on Thursday.

Fox News Digital reached out to the White House for comment on the matter, but did not immediately receive a reply. 


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American President Donald Trump’s aggressive new tariffs on imports to the US have triggered swift global condemnation and threats of retaliation as world leaders brace for economic upheaval.

The sweeping measures, unveiled on Wednesday (April 2), have introduced a 10 percent baseline tariff on all imports and impose significantly higher duties on key US trading partners.

The tariffs — some of the highest imposed by the US in over a century, according to Fitch Ratings — have increased the average duty on imports to 22.5 percent, up from just 2.5 percent last year.

They target various goods, from Italian coffee and Japanese whisky to Asian-made sportswear, and have already prompted automaker Stellantis (NYSE:STLA) to temporarily lay off US workers and shutter plants in Canada and Mexico.

‘The consequences will be dire for millions of people around the globe,’ European Commission President Ursula von der Leyen said in a scathing response, reflecting rising fears of escalating trade conflicts.

China, which is now facing a 54 percent tariff on its exports to the US, has vowed immediate retaliation, while the EU, which is subject to a 20 percent duty, has hinted at targeted countermeasures.

Despite mounting criticism, Trump continues to defend the tariffs, claiming they are necessary to counter unfair trade practices and revive the American manufacturing industry. He has described the policy as ‘Liberation Day’ for the US economy, insisting it will incentivize companies to relocate production back to American soil.

‘For decades, our country has been looted, pillaged, raped, and plundered by nations near and far, both friend and foe alike,’ Trump declared from the White House Rose Garden on Wednesday.

Administration officials argue the tariffs will create jobs and open new export markets, though they acknowledge the benefits may take time to materialize. ‘We know a lot of Americans are worried,’ US Vice President JD Vance told Fox News. ‘What I’d ask folks to appreciate here is that we are not going to fix things overnight.’

Trump himself appears unfazed by the turmoil and criticism, posting on Truth Social, his social media platform: ‘THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING.’

Global leaders scramble to respond

The tariffs have ignited geopolitical tensions, particularly among US allies. Japan and South Korea, both home to major American military bases, were hit with tariffs of 24 percent and 25 percent, respectively.

Taiwan faces a 32 percent tariff despite ongoing US military support amid Chinese pressure.

In Europe, Germany’s IW research institute estimates that the tariffs could wipe out 750 billion euros (US$833 billion) from the region’s economy. The move has compounded existing tensions between the US and NATO allies, particularly regarding defense spending and Trump’s controversial stance on Russia’s war in Ukraine.

Robert Habeck, Germany’s economy minister and vice chancellor, has suggested the formation of closer economic ties with Canada and Mexico to counterbalance US policies. ‘Opportunities for new alliances are emerging that we should use determinedly and decisively,’ he stated, as reported by Reuters.

Canadian Prime Minister Mark Carney condemned the tariffs, saying he has spoken with German Chancellor Olaf Scholz about strengthening trade ties. ‘As we face the crisis caused by President Trump’s tariffs, reliable trade partners are more important than ever,’ Carney said, adding that Canada intends to take countermeasures.

Mexico has signaled it will continue negotiating with Washington.

Notably, certain products are exempt from the new tariffs, including copper, pharmaceuticals, semiconductors, lumber, gold, energy products and specific minerals unavailable in the US.

Additionally, existing tariffs on steel, aluminum, vehicles and vehicle parts remain unaffected by the new measures. These exemptions suggest the Trump administration is strategically attempting to safeguard industries and resources critical to national interests.

EU and other nations prepare countermeasures

The EU has vowed a strategic response, with officials stating that any countermeasures will be ‘smart and targeted.’

European leaders have particularly criticized Trump’s decision to include some of the world’s poorest nations in his sweeping tariffs, including Cambodia, Bangladesh and Lesotho.

‘To see countries like Lesotho, Cambodia, and Bangladesh hit the hardest by US tariffs is absolutely deplorable,’ an EU official said, as per a report by the Guardian. ‘These are not major industrial competitors. They produce goods like coffee and bananas, which pose no threat to the US economy.’

For his part, French President Emmanuel Macron has blasted the tariffs as ‘brutal and unfounded’ and emphasized their ‘massive’ impact on the French economy and Europe as a whole.

Sweden’s prime minister, Ulf Kristersson, expressed concerns over growing protectionism, stating, ‘The rules-based order that we have operated within since World War II is now on shaky ground.’

Despite the outrage, some European leaders view the tariffs as a potential bargaining chip for negotiations.

‘Our preferred option is, of course, to negotiate a deal. We don’t want growing trade barriers. We don’t want a trade war,’ Kristersson said. ‘If this fails, the EU stands ready with countermeasures.’

A tumultuous trade landscape

The US tariffs have left the global trade landscape in turmoil, with repercussions extending far beyond immediate economic losses. Many experts see Trump’s aggressive trade stance as a gamble that could reshape global alliances and challenge the post-World War II economic order.

Should negotiations with affected nations fail, the world could see a new era of economic fragmentation, with countries seeking to decouple from US trade dependence.

Watch the video to hear experts discuss the impact of tariffs.

The EU has already signaled that it may impose restrictions on American tech companies’ ability to charge for intellectual property, potentially striking at the heart of Silicon Valley’s economic dominance.

As April 9 — the date when targeted tariffs take full effect — approaches, the world is watching to see whether Trump’s trade policy will yield the economic resurgence he promises, or plunge global markets into deeper instability.

With allies and rivals alike preparing retaliatory measures, the prospect of a full-scale trade war looms larger than ever.

US stock market takes a hit

Following Trump’s announcement, US stock indexes experienced significant declines.

By midday Wednesday (April 3), the Dow Jones Industrial Average (INDEXDJX:.DJI) had fallen over 2 percent, while the S&P 500 (INDEXSP:.INX) had dropped 3.7 percent.

The Nasdaq Composite (INDEXNASDAQ:.IXIC) was down 4.6 percent, and the US Dollar Index had slumped by 2.1 percent. The euro gained 2.4 percent, marking its most substantial daily jump since 2015.

Analysts have expressed concerns that the tariffs could lead to inflation and reduced consumer demand, potentially increasing the risk of stagflation.

Canadian markets also recoiled from the tariffs, with the S&P/TSX Composite Index (INDEXTSI:OSPTX) slipping by 840 points to 24,466, marking its largest single-day drop since June 2020.

Although Canada largely avoided these new levies due to the US-Mexico-Canada Agreement, sectors such as autos, steel and aluminum remain affected by separate tariff policies.

Additionally, oil and copper prices fell due to concerns over slowing global growth and reduced demand. Despite these challenges, the gold price steadied after a prior surge as investors sought safe-haven assets.

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

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Freegold Ventures Limited (TSX: FVL) (‘ Freegold ‘ or the ‘ Company ‘), is pleased to announce that further to its news release of March 18, 2025 the Company has closed its upsized brokered private placement offering for aggregate gross proceeds of $41,975,805 which includes the exercise in full of the agent’s option for additional gross proceeds of $5,475,105 . Paradigm Capital acted as sole agent (the ‘ Agent ‘) on the Offering.

Freegold Ventures Limited logo (CNW Group/Freegold Ventures Limited)

In connection with the Offering, the Company entered into an agency agreement (the ‘ Agency Agreement ‘) dated April 3, 2025 , between the Company and the Agent. In accordance with the Agency Agreement, 49,383,300 units of the Company (the ‘ Units ‘) were issued at a price of $0.85 per Unit. Each Unit is comprised of one common share of the Company (a ‘ Unit Share ‘) and one-half of one common share purchase warrant of the Company (each whole warrant, a ‘ Warrant ‘). Each Warrant is exercisable to acquire one common share of the Company (a ‘ Warrant Share ‘) for 24 months from today’s date at an exercise price of $1.30 per Warrant Share. The Warrants are callable by the Company should the daily volume-weighted average trading price of the common shares of the Company on the Toronto Stock Exchange exceed $1.30 for a period of twenty (20) consecutive trading days, at any time during the period (i) beginning on the date that is 6 months from the closing date of the Offering, and (ii) ending on the date the Warrants expire (the ‘ Call Trigger ‘). Following a Call Trigger, the Company may give notice (the ‘ Call Notice ‘) to the holders of the Warrants (by disseminating a news release announcing the acceleration) that any Warrant that remains unexercised by the holder thereof shall expire thirty days following the date on which the Call Notice is given.

The Company plans to use the net proceeds from the offering for general working capital and corporate purposes, with a primary focus on advancing the Golden Summit project. Drilling at Golden Summit is expected to resume next month, and an updated Mineral Resource Estimate is anticipated later in the second quarter, once the assays from the 2024 drill program have been finalized.

Mr. Eric Sprott , through an entity owned and controlled by him, purchased an aggregate of 14,814,900 Units in the Offering, representing 30% of the Units issued under the Offering.

Pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘ MI 61-101 ‘), the purchase of Units by Mr. Sprott was a ‘related party transaction’. The Company was exempt from the requirements to obtain a formal valuation in connection with the Offering in reliance on section 5.5(c) of MI 61-101, as the issuance of Units to Mr. Sprott was a distribution of securities of the Company to a related party for cash consideration. The issuance of the Units to Mr. Sprott was exempt from the requirement to obtain minority shareholder approval in reliance on section 5.7(1)(a) of MI 61-101 as neither the fair market value of the Units received by Mr. Sprott nor the proceeds for such securities received by the Company exceeded 25% of the Company’s market capitalization as calculated in accordance with MI 61-101.

A material change report will be filed less than 21 days from the date of the closing of the Offering. Closing the Offering in this shorter period was reasonable in the circumstances as the Company determined the shorter period was necessary because the terms of the transaction were favorable to the Company, given uncertain market conditions time was of the essence in closing the Offering, and closing the Offering expeditiously was in the best interest of the Company and its shareholders.

The Offering is subject to the final approval of the Toronto Stock Exchange. All securities issued pursuant to the Offering will have a hold period of four months and one day.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any U.S. state security laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with requirements of an applicable exemption therefrom.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States , nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Freegold Ventures Limited

Freegold is a TSX-listed company focused on exploration in Alaska and holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

Forward-looking Information Cautionary Statement

This press release contains statements that constitute ‘forward-looking information’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding the receipt of TSX final approval for the Offering and the use of proceeds from the Offering. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold’s Annual Information Form for the year ended December 31, 2024 , filed under Freegold’s profile at www.sedarplus.ca , for a detailed discussion of the risk factors associated with Freegold’s operations.

SOURCE Freegold Ventures Limited

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/03/c3696.html

News Provided by Canada Newswire via QuoteMedia

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A 1947 agreement outlining obligations as host of the United Nations continues to give employees and their family members relatively unfettered access to the U.S. 

At a time of increased national security fears and immigration enforcement by the Trump administration, experts are urging a re-examination of the host nation agreement with an eye to the functional immunity granted to U.N. staff and the limited vetting given to those with U.N. visas.

‘The United States appears to have taken a relaxed view of the individuals entering the country associated with the U.N., either as employees or as representatives of various country missions. And yet we know that U.N. employees have had, and continue to have, close, direct relationships with terrorist organizations, like UNRWA and Hamas,’ Anne Bayefsky, director of the Touro Institute on Human Rights and the Holocaust and president of Human Rights Voices, told Fox News Digital.

Bayefsky said there is ‘a disconnect between the welcome routine and the significant harm to American interests. Hosting the U.N. does not require the host country to facilitate or endure threats to its national security.’

The federal government grants G visas to employees, spouses and children of international organizations, including the U.N., who reside in, or are visiting, the U.S. According to the State Department’s website, ‘if you are entitled to a G visa, under U.S. visa law, you must receive a G visa. The exceptions to this rule are extremely limited.’ The Department of State also explains that ‘Embassies and consulates generally do not require an interview for those applying for G-1 – 4 and NATO-1 – 6 visas, although a consular officer can request an interview.’

Hugh Dugan, a senior advisor to 11 U.S. former ambassadors to the U.N., told Fox News Digital that it ‘appears to me that the issuance of the G visas for [U.N. employees] is a relatively rubber stamp exercise.’ While not requiring interviews of personnel has ‘become a matter of convenience, frankly, we should always be able to assess a threat to our country.’’

Dugan, a former National Security Council special assistant to the president and senior director for international organization affairs, said nations like Russia and China are only allowed to travel a certain distance from U.N. headquarters. ‘We are mindful of our adversaries’ activities and presence here, but the door is open to participate in the U.N. and the host country agreement makes that possible so that no country would be barred because of a certain political atmosphere or issue that might be brewing between us and them.’

Fox News Digital asked the State Department whether it requires interviews for staff from adversarial member states, including Cuba, Venezuela, Russia, North Korea, Iran and China, but received no response. A State Department spokesperson reiterated that consular officers ‘have full authority to require an in-person interview for any reason.’

Peter Gallo, formerly an investigator with the U.N. Office of Internal Oversight Services (OIOS), told Fox News Digital that he is particularly concerned about the functional immunity granted to U.N. staff participating in activities related to their employment. Gallo explained that ‘U.S. legal system has come to accept that pretty much it’s a blanket coverage.’ He added that ‘immunity breeds impunity.’

Gallo claimed that there is an epidemic of sexual offenses and misconduct among U.N. staff. He cited an incident in which a U.N. employee outside the U.S. sexually harassed ‘a young female in his department.’ Gallo said it took two years after receipt of the investigation report for an investigation to be completed, which resulted in the demotion of the offending employee. Gallo said the employee who was harassed, and her harasser remained in the same organization.

Gallo said that if employees take part in misconduct while based at U.N. headquarters, the U.S. government should be able to examine cases and determine whether staff should retain their G visas. 

Dugan said that if U.N. personnel ‘knew that [immunity] could be lifted at any time by us… they might start behaving a lot differently.’ 

In response to questions about whether U.N. staff have been accused of sexual misconduct in the U.S., or whether U.N. staff who engaged in misconduct have had their G visas revoked, a State Department spokesperson explained the department ‘generally does not provide’ revocation statistics. They also said that ‘all visa applicants, no matter the visa type and where they are located, are continuously vetted.  Security vetting runs from the time of each application, through adjudication of the visa, and afterwards during the validity period of every issued visa, to ensure the individual remains eligible to travel to the United States.’

The spokesperson said officials of the U.N. ‘are expected to respect applicable laws of the United States, including criminal laws. Failure to do so may constitute an abuse of privileges of residence.’ They added that this ‘applies for those who hold diplomatic immunity for their positions as well.’

Among staff who have raised internal alarm bells is U.N. special rapporteur on the occupied Palestinian territories Francesca Albanese, who traveled to the U.S. in 2024 to deliver a report before the Third Committee of the General Assembly. Albanese, whose antisemitism has been condemned widely by senior U.S. diplomats and the State Department, was allowed to tour multiple U.S. college campuses while in the U.S.

In addition to qualifying for ‘rubber stamp’ G visas, staff of international organizations like the United Nations can qualify for green cards if they have spent half of at least seven years of employment inside the U.S., or have been in the U.S. for a combined total of 15 years prior to retirement.
 


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