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Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce that the latest research and development efforts for the CERENERGY(R) cell and battery pack have resulted in the design possibility of a higher-capacity battery system. Development has focused on an expanded module concept that delivers greater energy within the same casing. By shifting from the current 48-cell configuration to a beehive arrangement of 72 cells per module, each pack-comprising five modules-now achieves an energy capacity of 90 kWh (from 60 KWh) while maintaining the existing battery casing structure.

Highlights

– R&D work developed an expanded CERENERGY(R) module concept, increasing capacity from 48 to 72 cells per module in a beehive arrangement

– Each five-module pack now delivers 90 kWh (from 60 KWh) of energy while retaining the existing casing and factory setup, requiring no infrastructure changes.

– System-level benefits include higher energy and power density, improved thermal behaviour, and cost reductions of ~30% at module and pack level

– Thermal modelling confirms uniform heat distribution with no excessive build-up, resulting in lower internal resistance and stable performance

– Engineering refinements-simplified cell contacting, optimised welding, repositioned sensors, and a redesigned frame-improve layout, assembly efficiency, and long-term reliability

– The redesign enhances competitiveness in EUR/kWh and strengthens scalability towards full industrial production

– No final decision on final design as yet – further modelling work

– R&D work on incorporation into a grid pack has commenced

Importantly, this innovation requires no modification to the established factory design and setup. At the system level, the improvements deliver higher energy and power density, enhanced thermal performance, and cost reductions of approximately 30% at both the module and pack levels.

The redesign reduces inactive or unheated areas within the battery, with R&D efforts focused on analysing thermal distribution and heat accumulation during operation. Thermal modelling confirms that effective heat management is achievable, showing no excessive build-up during charging and discharging. Results demonstrate a uniform temperature profile, leading to lower internal resistance and more stable performance under load.

From an engineering perspective, the new module concept also resolves practical design challenges. It introduces simplified cell contacting, creating additional internal space and a cleaner layout. Further refinements include optimised welding techniques, repositioned temperature sensors, and a redesigned frame-collectively enhancing assembly efficiency, structural robustness, and long-term reliability.

At the system level, these advancements deliver higher energy and power density, improved thermal behaviour, and cost reductions of around 30% at both the module and pack levels. This results in a more competitive EUR/kWh and strengthens scalability towards full industrial production.

A final decision on the design has not yet been reached, as additional modelling work continues alongside ongoing R&D focused on achieving seamless integration into a grid-scale battery pack, ensuring optimised performance, reliability, and cost-efficiency for future commercial deployment.

Group Managing Director, Iggy Tan said ‘We are very encouraged by the outcome of our latest CERENERGY(R) development program. Achieving a 72–cell beehive module design that lifts pack capacity to 90 kWh-without any change to the existing casing or factory setup-is a significant milestone. Not only does this innovation increase energy density, it also simplifies engineering, enhances thermal management, and reduces cost by nearly 30%. These results strengthen the commercial competitiveness of CERENERGY(R) and confirm its scalability towards full industrial production. With each step, we are moving closer to delivering a next-generation, high-performance battery solution for the global energy storage market.’

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/3NN1GBH0

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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For decades, the United States has fought the war on drugs as if it were exclusively a law enforcement issue. It never was. It has always had national security implications. 

After years of inaction, drugs now kill more Americans each year than every modern war combined. Fentanyl alone claimed more than 100,000 lives in 2021, a number that continues to rise despite billions spent on interdiction, prevention and policing. That is not a criminal nuisance. That is a sustained mass-casualty event inside the homeland.

President Donald Trump’s new approach finally treats the crisis for what it is. By designating major drug cartels as foreign terrorist organizations and authorizing the use of military force against them, his administration has drawn a clear line between criminality and warfare. 

The cartels are not ordinary traffickers. They are transnational powers that control territory, wield military-grade arsenals and use terror as a tool of governance. In Trump’s words, they are ‘the ISIS of the Western Hemisphere.’

The numbers already justify the policy. In the first weeks of operations, the new Homeland Security Task Force has arrested more than 3,200 gang and cartel members, seized 91 tons of narcotics and captured over 1,000 illegal weapons. Those seizures represent tens of thousands of American lives saved. Every boat stopped and every shipment intercepted means fewer overdose deaths, fewer funerals, and fewer communities shattered by addiction and violence.

For too long, Washington treated the cartels as criminals who could be prosecuted rather than enemies who had to be defeated. That approach failed. The cartels wage war on America for profit. They assassinate, extort and kidnap while basking in riches captured through intimidation and terror.  They destabilize our neighbors and corrupt governments from Mexico to Venezuela. If America had the right to strike al Qaeda and ISIS abroad for killing Americans, it has an equal right to strike the cartels that kill Americans at home. 

The legal foundation is clear. In February 2025, the State Department designated Tren de Aragua, Sinaloa, Jalisco Nueva Generación, MS-13 and others as Foreign Terrorist Organizations. A presidential determination in September formally declared that the United States is in a non-international armed conflict with these groups. 

No court has challenged the policy because it aligns with both domestic and international law. When foreign networks deliberately kill American citizens, the president has not only the authority but the obligation to act.

The ethical case is equally strong. The Just War tradition requires a just cause, competent authority, proportionality and last resort. Every criterion has been met. The cause could not be more just when drug overdoses in the United States claimed more than 100,000 lives for a third consecutive year by 2023. 

Years of law enforcement, education campaigns and international coordination have not slowed the killing. When nonviolent means have failed, the duty of a government is to protect its citizens by every lawful means available.

Each go-fast boat in the Caribbean and each semi-submersible in the Pacific carries more than cocaine or methamphetamine. It carries a body count of Americans. These are not fishing vessels. They are militarized smuggling platforms crewed by combatants in a foreign network that profits from death. To treat them as anything less is to deny reality. The era of denial is over.

Critics argue that military strikes risk escalation. The cartels crossed this line long ago when they began murdering, intimidating and corrupting their way into power. These transnational criminal enterprises now operate as shadow governments. To continue treating them as mere criminal syndicates would be absurd.  In truth, it would be to accept defeat. 

Trump’s use of force is not about vengeance. It is about national defense. The Department of War, the CIA, the intelligence community, the DEA, FBI and Coast Guard are now unified in a single mission to dismantle the cartels’ capacity to kill Americans. 

Every strike on a drug boat denies the enemy profit and saves lives. As Secretary Pete Hegseth said, each destroyed vessel represents roughly 25,000 Americans who will not die from the poison it carried.

The cartels’ economic reach rivals that of small nations, generating hundreds of billions annually. They corrupt officials, weaponize migration and flood American streets with narcotics. This is not commerce. It is organized war for profit.

A government that fails to confront such an enemy is unworthy of the people it serves. Trump’s use of military force against the cartels is justified both legally and morally. It is long overdue. The United States has every right to defend its borders, its citizens and its sovereignty against a foreign network that profits from American death.

For decades, America fought this war with hesitation and half-measures. Now it is being fought with purpose. This is not a new war. It is the same one that has been killing Americans for generations. The difference is that, at last, America is fighting to win.

This post appeared first on FOX NEWS

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce that it has been invited to Present on the Emerging Growth Conference Thursday September 25th, 2025.

Questcorp invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation on the Emerging Growth Conference.

The next Emerging Growth Conference is presenting on Thursday September 25th, 2025. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company’s President, CEO and Founding Director in real time.

Mr. Dhillon will give a presentation and may subsequently open the floor for questions. Please submit your questions in advance to Questions@EmergingGrowth.com or ask your questions during the event and Mr. Dhillon will do his best to get through as many of them as possible.

Questcorp Mining Inc. will be presenting at 12:00PM Eastern time for 30 minutes.

Please register here to ensure you are able to attend the conference and receive any updates that are released.

https://goto.webcasts.com/starthere.jsp?ei=1717091&tp_key=c78a55764a&sti=qqcmf

If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference. We will release a link to that after the event.

About the Emerging Growth Conference
The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner.

The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts.

All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

About Questcorp Mining Inc.

Questcorp Mining is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, on Vancouver Island, B.C., subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Inc.
saf@questcorpmining.ca
Tel. (604-484-3031)

Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6.

Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267524

News Provided by Newsfile via QuoteMedia

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President Donald Trump on Saturday said Hamas needs to start returning the bodies of deceased hostages held captive by the terror group during the war in Gaza ‘quickly, or the other countries involved in this GREAT PEACE will take action.’

While all the living hostages have been returned from Gaza, the remains of 13 deceased hostages have not been handed over by Hamas.

‘Some of the bodies are hard to reach, but others they can return now and, for some reason, they are not,’ Trump wrote in a Truth Social post. ‘Perhaps it has to do with their disarming, but when I said, ‘Both sides would be treated fairly,’ that only applies if they comply with their obligations. Let’s see what they do over the next 48 hours. I am watching this very closely.’

Hours before Trump’s post, Secretary of State Marco Rubio and U.S. Ambassador to Israel Mike Huckabee met with the families of Itay Chen and Omer Neutra, two U.S. citizens who were killed in the Oct. 7, 2023 attacks.

Their bodies are among those still being held by Hamas.

‘We will not forget the lives of the hostages who died in the captivity of Hamas,’ Rubio wrote in an X post. ‘We will not rest until their—and all—remains are returned.’

Authorities believed Chen, a 19-year-old dual U.S.-Israeli citizen, was kidnapped by Hamas on Oct. 7, 2023, but was later declared dead by the Israel Defense Forces (IDF).

Neutra, 21, an American-Israeli from New York, was killed in battle on Oct. 7, 2023.

Huckabee noted Rubio’s visit to Israel was ‘very productive in moving forward’ the U.S.-brokered Gaza peace plan, adding the plan cannot work until all hostages, living and deceased, are released.

While traveling to Asia Saturday, Trump met with Qatari leaders aboard Air Force One while refueling at Al-Udeid Air Base.

Qatar has played a significant role in efforts to negotiate peace and ceasefires in Gaza.

After a meeting with Qatar Emir Tamim bin Hamad Al Thani and Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani, Trump said ‘The Emir is one of the great rulers of the world … and the Prime Minister has been my friend.’

Referencing the peace deal, the president said, ‘What we’ve done is incredible — peace in the Middle East.’

Fox News Digital’s Rachel Wolf contributed to this report.

This post appeared first on FOX NEWS

President Donald Trump signaled why he’s held off on military strikes on Iran amid nationwide protests after claiming the country had canceled executions for hundreds of Iranians. 

When asked if Arab and Israeli officials ‘convinced’ him to not strike Iran, Trump told reporters Friday he convinced himself and cited the canceled hangings. Trump also expressed similar sentiments on social media Friday. 

‘I greatly respect the fact that all scheduled hangings, which were to take place yesterday (Over 800 of them), have been cancelled by the leadership of Iran. Thank you!’ Trump said in a post on Truth Social Friday. 

The statement echoes what White House press secretary Karoline Leavitt told reporters Thursday about the canceled executions. She maintained that all options remained on the table when it comes to dealing with Iran.

‘What I will say with respect to Iran is that the president and his team have communicated to the Iranian regime that if the killing continues, there will be grave consequences,’ Leavitt told reporters Thursday. 

‘And the president received a message as he revealed to all of you and the whole world yesterday that the killing and the executions will stop. And the president understands today that 800 executions that were scheduled and supposed to take place yesterday were halted.’ 

It’s unclear from Trump’s post if he was referring to the 800 executions that were already canceled or whether there have been two consecutive days when 800 executions have been called off. 

The White House did not immediately respond to a request for comment from Fox News Digital on how many executions have been canceled or whether military strikes are completely off the table now. 

Fox News Digital reached out to a spokesperson for the Islamic Republic of Iran’s permanent mission to the United Nations for additional comment but did not immediately receive a reply.

Protests broke out across Iran in December 2025 in response to the country’s economic hardships as well as a referendum against Iran’s theocratic regime.

More than 2,000 people — including at least nine children — have died in the recent protests, the U.S.-based Human Rights Activists News Agency reported Tuesday. 

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

Here’s a quick recap of the crypto landscape for Monday (September 22) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$112,214, a 2.9 percent decrease in 24 hours and its lowest valuation of the day. The cryptocurrency’s price peaked at US$113,384 on Monday.

Bitcoin price performance, September 22, 2025.

Chart via TradingView.

Bitcoin dropped to the US$112,000 range after falling below a key support level, triggering the year’s largest long-liquidation event — over US$1.7 billion in leveraged long positions were closed.

The decline came even as some investor accumulation showed through surging exchange outflows and rising longs on platforms like Bitfinex, which added pressure from both sides.

Bitcoin dominance in the crypto market is 56.74 percent, showing a slight rise week-on-week.

Ether (ETH) was trading at US$4,141.26, down by 7.9 percent. Its lowest valuation as of Monday was US$4,138.92, while its highest was US$4,213.42.

Altcoin price update

  • Solana (SOL) was priced at US$217.12, a decrease of 8.7 percent over the last 24 hours to its lowest valuation of the day. Its highest value was US$223.83.
  • XRP was trading for US$2.83, down by 5.2 percent in the past 24 hours, also reaching its lowest valuation of the day as markets wrapped. Its highest level was US$2.86.
  • Sui (SUI) was valued at US$3.32, trading at its lowest valuation of the day and down by 8.8 percent over the past 24 hours. Its highest price point on Monday was US$3.40.
  • Cardano (ADA) was priced at US$0.8156, down by 8.2 percent over 24 hours to its lowest value of the day. Its highest was US$0.832.

Crypto market insights

Total cryptocurrency liquidations have reached US$132.07 million in the past four hours, with long positions accounting for US$81.71 million and short positions reaching US$50.36 million. This activity signals bearish pressure in the derivatives market, as forced selling of longs often reflects market downside pressure.

Conversely, the BTC perpetual futures funding rate sits at 0.0081 percent, an indication of bullish sentiment.

Ethereum shows similar dynamics, with a funding rate of 0.002 percent; however, bullishness for Ethereum is milder versus Bitcoin. Open interest for BTC and ETH futures stands at US$81.91 billion and US$57.95 billion, respectively.

Anticipated regulatory hearings on crypto oversight, tentatively scheduled to be held by the end of the month, as well as key macroeconomic data releases and remarks from US Federal Reserve policymakers at the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon, are expected to influence market direction this week.

Existing US home sales data is also due on Wednesday (September 24). It will give insight on the state of the housing market, one of the key components of consumer spending and overall economic health.

Fear and Greed Index snapshot

CMC’s Crypto Fear & Greed Index has remained firmly in neutral territory over the past week.

The past week’s negative funding rates on perpetual futures and long/short ratios suggest slight caution, but strong exchange-traded fund (ETF) inflows and recent whale buying show underlying bullish conviction.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

Chart via CoinMarketCap.

Today’s crypto news to know

Coinbase launches Mag7 + Crypto Equity Index Futures

Coinbase Global (NASDAQ:COIN) announced the launch of Mag7 + Crypto Equity Index Futures, a monthly, cash-settled futures contract that offers equal exposure to 10 assets:

  • Coinbase’s own shares.
  • BlackRock’s Bitcoin and Ethereum ETFs.

The index follows an even-weighting methodology, with all 10 components representing 10 percent each, and will be rebalanced quarterly. It marks the first US-listed derivative combining traditional equities with crypto.

Strive to acquire Semler Scientific

Strive (NASDAQ:ASST), a former asset manager led by former presidential candidate Vivek Ramaswamy, has agreed to acquire Semler Scientific (NASDAQ:SMLR), a former healthcare tech firm that shifted its strategy by adopting Bitcoin as its primary treasury reserve asset in 2024. Strive itself became a Bitcoin treasury company in 2025 through a merger with Asset Entities, going public to pursue its Bitcoin accumulation strategy.

The all-stock deal is valued at about US$1.34 billion. According to Reuters, the combined entity will hold over 10,900 BTC, making it one of the largest corporate Bitcoin holders globally.

Strive announced a significant US$675 million Bitcoin purchase alongside the acquisition, boosting its Bitcoin holdings from about 70 BTC to almost 6,000 BTC before the acquisition closes. The deal also includes a 210 percent premium offer to Semler shareholders, exchanging each Semler share for 21.05 shares of Strive Class A stock.

“We are proud to announce this exciting strategic merger combining two pioneering Bitcoin treasury companies to form a scaled, innovative and accretive Bitcoin acquisition platform,” said Matt Cole, chairman and CEO of Strive.

Metaplanet becomes fifth largest corporate Bitcoin holder

Tokyo-based Metaplanet (TSE:3350,OTCQX:MTPLF) has cemented itself as a heavyweight in corporate crypto holdings, announcing the purchase of 5,419 BTC worth US$633 million.

The acquisition boosts its total stash to 25,555 BTC valued at nearly US$3 billion, making it the fifth largest corporate Bitcoin treasury, according to BitcoinTreasuries.net. The buy came at an average of about US$117,000 per Bitcoin, leaving the firm temporarily down almost 4 percent as spot prices hovered closer to US$112,500.

Despite the purchase, Metaplanet’s share price has struggled to keep pace. The company has tumbled by more than 30 percent over the past month, even as shares rose modestly this week.

London prepares for US$7 billion Bitcoin fraud trial

The UK is bracing for one of its most significant crypto trials as Zhimin Qian, a Chinese national accused of orchestrating a US$7 billion Ponzi-style fraud, faces charges in London starting on September 29.

Qian allegedly ran Tianjin Lantian Gerui Electronic Technology, a scheme that lured nearly 130,000 investors in China with promises of triple-digit returns between 2014 and 2017.

After China’s crypto ban, she fled to Britain and converted proceeds into Bitcoin, some of which were later seized in UK money laundering probes linked to her associate Jian Wen, already convicted in 2024. Prosecutors have avoided direct fraud charges, instead focusing on offenses tied to the possession and transfer of illicit cryptocurrency.

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.

This post appeared first on investingnews.com

Analysts say China has developed a chilling strategy for fighting a war with the United States: destroy America’s fighter jets before they ever leave the ground.

In nearly every modern conflict, disabling enemy aircraft on the ground has been the first move. When Israel struck Iranian nuclear sites earlier this year, it began by destroying Iranian runways — grounding Tehran’s air force before it could take off. Russia and Ukraine have done the same throughout their ongoing war, targeting airfields to cripple enemy aircraft. And when India clashed with Pakistan, the opening salvos hit Pakistani air bases.

Beijing has taken that lesson to heart. The People’s Liberation Army (PLA) has spent years building an arsenal of long-range precision missiles — including ‘carrier killers’ like the DF-21D and DF-26 — capable of destroying U.S. aircraft carriers and striking American airfields across the Pacific. The goal: keep U.S. air power out of range before it can even launch.

Now, a U.S. defense technology firm says it has built a way to fight back. Shield AI, based in San Diego, has unveiled a new AI-piloted fighter jet designed to operate without runways, without GPS, and without constant communication links — an aircraft that can think, fly, and fight on its own.

Shield AI says the jet, called X-BAT, can take off vertically, reach 50,000 feet, fly more than 2,000 nautical miles, and execute strike or air defense missions using an onboard autonomy system known as Hivemind. It’s designed to operate from ships, small islands, or improvised sites — places where traditional jets can’t. The aircraft’s dash speed remains classified.

‘China has built this anti-access aerial denial bubble that holds our runways at risk,’ said Armor Harris, Shield AI’s senior vice president of aircraft engineering, in an interview with Fox News. ‘They’ve basically said, ‘We’re not going to compete stealth-on-stealth in the air — we’ll target your aircraft before they even get off the ground.’’

The jet launches vertically, and three X-BATs can fit in the space of one legacy fighter or helicopter.

According to Harris, the U.S. has spent decades perfecting stealth and survivability in the air while leaving its forces vulnerable on the ground. ‘The way to solve that problem is mobility,’ he said. ‘You’re always moving around. This is the only VTOL fighter being built today.’

X-BAT’s Hivemind autonomy allows it to operate in denied or jammed environments, where traditional aircraft would be blind. The system uses onboard sensors to interpret its surroundings, reroute around threats, and identify targets in real time. ‘It’s reading and reacting to the situation around it,’ Harris said. ‘It’s not flying a pre-programmed route. If new threats appear, it can reroute itself or identify targets and then ask a human for permission to engage.’

That human element, he emphasized, remains essential. ‘It’s very important to us that a human is always involved in making the use of lethal force decision,’ Harris said. ‘That doesn’t mean the person has to be in the cockpit — it could be remote or delegated through tasking — but there will always be a human decision-maker.’

Shield AI says X-BAT will be combat-ready by 2029 and is designed to deliver fifth- or sixth-generation performance at a small fraction of the cost of manned fighters. The aircraft’s compact footprint allows up to three X-BATs to fit in the deck space of a single legacy fighter or helicopter, giving commanders more flexibility in launching sorties from limited space.

While Shield AI isn’t disclosing specific numbers, the company says X-BAT is priced in the same range as the Air Force’s Collaborative Combat Aircraft (CCA) program, the next generation of autonomous wingmen meant to fly alongside — and eventually ahead of — manned fighters. Costs vary depending on mission systems and configurations, but the company’s goal is to scale production to keep the jet affordable and sustainable throughout its lifecycle, breaking what it calls the traditional ‘fighter cost curve.’

The company estimates the aircraft will deliver about a tenfold improvement in cost per effect compared to legacy fifth-generation jets, including the F-35, while remaining ‘affordable and attritable’ enough to be risked in high-end combat.

Shield AI is in discussions with both the Air Force and Navy about integrating X-BAT into future combat programs and with several allied militaries exploring joint development opportunities.

Harris said the company views X-BAT as part of a generational shift toward distributed airpower — one that mirrors what SpaceX did in space. ‘Historically, the United States had a small number of extremely capable, extremely expensive satellites,’ he said. ‘Then you had SpaceX come along and put up hundreds of smaller, cheaper ones. The same thing is happening in air power. There’s always going to be a role for manned platforms, but over time, unmanned systems will outnumber them ten-to-one or twenty-to-one.’

For Harris, that shift is about restoring deterrence through flexibility. ‘X-BAT presents an asymmetric dilemma to an adversary like China,’ he said. ‘They don’t know where it’s coming from, and the cost of countering it is high. It’s an important part of a broader joint force that becomes significantly more lethal.

This post appeared first on FOX NEWS

Mali’s military government has approved a fresh round of mining agreements under its revised code.

On September 19, the country’s Council of Ministers ratified seven exploitation and exploration agreements.

According to Reuters, the deals cover some of Mali’s biggest gold operations, including Allied Gold’s (TSX:AAUC,NYSE:AAUC) Sadiola project, B2Gold’s (TSX:BTO,NYSE:BTG) Fekola mine, Resolute Mining’s (ASX:RSG,LSE:RSG) Syama site and Ganfeng Lithium’s (OTC Pink:GNENF,HKEX:1772) Bougouni lithium project.

The government said the agreements guarantee Mali a “non-reducible” stake in projects along with priority access to dividends, part of its drive to secure greater revenue from natural resources.

The approvals follow preliminary accords reached last year and reflect the provisions of the 2023 mining code, which lifted royalties to 10 percent from 6.5 percent and increased mandatory state and local ownership in mines to at least 35 percent from 20 percent. Companies such as Endeavour Mining (TSX:EDV,LSE:EDV,OTCQX:EDVMF) have already signed deals on those terms, while Allied Gold, B2Gold and Ganfeng Lithium have not release any statements.

Barrick Mining (TSX:ABX,NYSE:B), by contrast, has resisted the government’s demands and remains locked in a confrontation that has now spilled into courts and international arbitration.

Tensions escalated in November 2024, when Malian authorities arrested four of the company’s employees, including a regional manager, on allegations of money laundering, terrorism financing and tax violations.

A judge later granted bail set at 50 billion CFA francs (about US$90.3 million), but prosecutors appealed, keeping the employees in jail pending review by the Court of Appeal, Bloomberg reported. The arrests are widely seen as part of a protracted standoff over Barrick’s Loulo-Gounkoto complex, once the company’s largest African operation.

Mali has pressed for a larger share of profits under the new mining code, while Barrick has resisted altering its existing arrangements. The dispute intensified this year when government forces twice removed bullion directly from the site.

In January, officials seized 3 metric tons of gold and blocked exports, forcing Barrick to suspend operations.

In July, military helicopters again landed unannounced at Loulo-Gounkoto and took more than a metric ton of gold, worth over US$117 million at prevailing prices, without company consent. Barrick has described the seizures as illegal and launched proceedings at the International Center for Settlement of Investment Disputes. The company also disputes the legitimacy of a provisional administrator installed at Loulo-Gounkoto following a local court order in June.

Despite the tensions, Mali remains one of Africa’s top gold producers, with output from mines operated by foreign companies forming a backbone of state revenues.

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

This post appeared first on investingnews.com

Trading in the securities of Corazon Mining Limited (‘CZN’) will be halted at the request of CZN, pending the release of an announcement by CZN.

Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of:

  • the commencement of normal trading on Wednesday, 3 December 2025; or
  • the release of the announcement to the market.

CZN’s request for a trading halt is attached below for the information of the market.

Issued by
ASX Compliance

Click here for the full ASX Release

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