PMET has signed a non-binding MOU with Mitsui and Microwave Chemical (MWCC) to evaluate microwave calcination technology as part of the Company's longer-term downstream strategy at Shaakichiuwaanaan, adding another world-class relationship to potentially maximize Shaakichiuwaanaan's value. The announcement builds directly on the Concept Study released earlier this week, which identified a potential pathway to produce battery-grade lithium carbonate at site. Now, PMET is evaluating one of the key enabling technologies that could help make that vision possible, leveraging Québec’s low-cost, renewable hydroelectric power as a potential alternative to conventional fossil fuel-based calcination. Full PR here: pmet.ca/news/pmet-advances-o… $PMET $PMT.AX

Jarden boys taking the piss with $KAR.AX at $2.30 It's not Capex when you are fixing all your broken shit. "Thesis isn't broken" "Brazil will be the cash engine". Missed the best 6M period for oil price in past 10 years due to downtime. The Brazil clock is ticking. Don't worry Neon's going to fix everything. There is no concept, no ship, and it's going to take another US$500M that KAR simply won't have in time. No more buybacks?, and there's going to be another refinancing. They need cash now. Hard to prove positively, esp given the limited data out on Neon. Agree slightly over punished at sub $1.50, but why own this? I'm just waiting for something else to break. No position.

PMET has received a non-binding Letter of Interest from Société Générale for potential debt financing for Phase 1 of Shaakichiuwaanaan. SG has expressed interest in participating as a Mandated Lead Arranger, adding another globally recognized mining project finance lender to PMET’s financing discussions. This builds on recently announced engagement from EDC, KfW IPEX-Bank and another major Canadian financial institution, as PMET advances lender due diligence ahead of the updated Feasibility Study targeted for Q4 2026. PMET is assembling a high-quality financing syndicate for Shaakichiuwaanaan Phase 1. Full PR here: pmet.ca/news/pmet-resources-… $PMET $PMT