Bromine

Gulf Resources Announces Receipt of Nasdaq Non-Compliance Notice

Retrieved on: 
Friday, April 19, 2024

The Notice has no immediate effect on the listing of the Company’s common stock on Nasdaq.

Key Points: 
  • The Notice has no immediate effect on the listing of the Company’s common stock on Nasdaq.
  • Under the Nasdaq rules, the Company has 60 calendar days, or until June 17, 2024, to file the 2023 Form 10-K or to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule.
  • If the Company fails to timely regain compliance with Nasdaq Listing Rule 5250(c)(1), the Company’s common stock will be subject to delisting from Nasdaq.
  • This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.

Gulf Resources Announces Change in Independent Auditors

Retrieved on: 
Thursday, April 18, 2024

SHOUGUANG, China, April 18, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that with approval from the audit committee and the board of directors (the “Board”) of the Company, it has changed its independent auditor from WWC, P.C.

Key Points: 
  • SHOUGUANG, China, April 18, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that with approval from the audit committee and the board of directors (the “Board”) of the Company, it has changed its independent auditor from WWC, P.C.
  • Certified Public Accountants (“WWC” or the “Former Auditor”) to GGF CPA LIMITED (“GGF” or the “Successor Auditor”) effective April 16, 2024.
  • The Board would like to express its sincere gratitude to WWC for its professionalism and quality of services rendered to the Company over the past years.
  • The Company is working closely with GGF and WWC to ensure a seamless transition.

Osisko Metals Reports Preliminary Metallurgical Testwork Results From Gaspé Copper

Retrieved on: 
Tuesday, April 16, 2024

The crushed material was blended and split into 24 kg sub-lots, each sub-lot was rotary split into 2 kg charges.

Key Points: 
  • The crushed material was blended and split into 24 kg sub-lots, each sub-lot was rotary split into 2 kg charges.
  • Metallurgical samples comprising drill core were crushed, split and sub-sampled for comminution testwork and head assays.
  • Copper was analyzed using atomic adsorption (AA) spectroscopy, and molybdenum and silver by inductively coupled plasma – optical emission spectroscopy (ICP-OES).
  • A composite sample was initially tested with average copper grade to determine the optimal grind size for further flotation tests.

Puyallup Tribal Enterprises Becomes Lead Investor in Skip Technology

Retrieved on: 
Thursday, April 25, 2024

In a strategic move demonstrating its commitment to environmental stewardship and sustainable energy solutions, Puyallup Tribal Enterprises (PTE) has become the primary investor in Skip Technology (Skip Tech), a U.S.-based innovator that aims to reduce fossil fuel dependence and electricity costs with infinitely rechargeable clean energy storage that doesn’t require rare earth mining.

Key Points: 
  • In a strategic move demonstrating its commitment to environmental stewardship and sustainable energy solutions, Puyallup Tribal Enterprises (PTE) has become the primary investor in Skip Technology (Skip Tech), a U.S.-based innovator that aims to reduce fossil fuel dependence and electricity costs with infinitely rechargeable clean energy storage that doesn’t require rare earth mining.
  • Skip Technology has developed a new type of battery that uses bromine and hydrogen, instead of the conventional lithium.
  • “We will always fight to preserve and protect our environment, and to support our Membership,” said the Puyallup Tribal Council, the Tribe’s governing body.
  • “PTE’s investment is great for our Membership, the region and we think the entire world.”
    “Skip Technology is delighted to be partnering with Puyallup Tribal Enterprises on so many fronts, they are an ideal partner for us,” said Brennan Gantner, CEO of Skip Technology.

Recycle FROG® Hot Tub & Swim Spa Cartridges Now

Retrieved on: 
Tuesday, April 9, 2024

MINNETONKA, Minn., April 9, 2024 /PRNewswire/ -- Hot tub and swim spa owners who use FROG® products can now recycle empty cartridges.

Key Points: 
  • MINNETONKA, Minn., April 9, 2024 /PRNewswire/ -- Hot tub and swim spa owners who use FROG® products can now recycle empty cartridges.
  • Typically, empty hot tub and swim spa sanitizing containers are not accepted through local recycling services because they contain chlorine or bromine.
  • However, King Technology, makers of FROG products, partnered with TerraCycle®, a global recycler known for "recycling the unrecyclable" to create a program for their empty hot tub and swim spa cartridges.
  • "The FROG Recycle program gives hot tub and swim spa owners a place to recycle their empty FROG cartridges.

Gulf Resources Provides Update on the Yuxin Chemical Factory

Retrieved on: 
Friday, February 9, 2024

SHOUGUANG, China, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced it would like to update shareholders on the status of the Yuxin Chemical factory.

Key Points: 
  • SHOUGUANG, China, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced it would like to update shareholders on the status of the Yuxin Chemical factory.
  • At this time, the company has still not ordered the delivery of the remaining equipment for the factory while it evaluates market opportunities.
  • Gulf Resources believes it will eventually move ahead with the completion of its chemical factory.
  • The company would like to assure investors that all of the decisions related to the Yuxin Chemical project are being reviewed by the Board of Directors.

Standard Lithium Reports Fiscal Second Quarter 2024 Results, Schedules Investor Update Call

Retrieved on: 
Thursday, February 8, 2024

VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today reported its financial and operating results for the fiscal second quarter ended December 31, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today reported its financial and operating results for the fiscal second quarter ended December 31, 2023.
  • Salah Gamoudi, Chief Financial Officer of Standard Lithium added: “Despite a challenging commodity price environment, we expect to sustain our current operations through fiscal year 2024 with our cash available on-hand and the strategic use of our ATM program in place.
  • Subsequent to the fiscal second quarter-end, the Company selected Ausenco Engineering Canada ULC to lead the FEED and DFS studies for the project.
  • The Company will hold a conference call and webcast to discuss its second quarter fiscal results on Monday, February 12 at 11:00 a.m. EST.

Gulf Resources Announces the Completion of the Flood Prevention Project

Retrieved on: 
Tuesday, January 30, 2024

SHOUGUANG, China, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that it has completed its approximately $50 million flood prevention project recently.

Key Points: 
  • SHOUGUANG, China, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that it has completed its approximately $50 million flood prevention project recently.
  • This amount is close to the total cost of the flood prevention project.
  • Through the flood prevention project, the Company believes it may be able to drill in certain low-lying areas that were previously not suitable for wells.
  • The Company aims to assure investors that all decisions regarding the flood prevention project were reviewed by the Board of Directors of the Company.

Eos Energy Enterprises and TETRA Technologies, Inc. Extend Partnership, Expanding Electrolyte Production Capacity

Retrieved on: 
Tuesday, January 9, 2024

TETRA is expected to supply a minimum of 75% of the total electrolyte product demand going forward.

Key Points: 
  • TETRA is expected to supply a minimum of 75% of the total electrolyte product demand going forward.
  • “TETRA is a proven global fluid solution provider, and the Eos strategy has centered around finding raw materials being used in other industries to provide both scale and cost efficiencies,” said Joe Mastrangelo, CEO of Eos.
  • Key to the operational success of the Eos Z3™ cube is high purity zinc-bromide, which is part of Eos’ patented electrolyte system.
  • Eos and TETRA officials indicate that the agreement includes favorable pricing and cost savings allocation methodologies that motivate both parties to actively pursue further cost reductions.

TETRA TECHNOLOGIES, INC., ANNOUNCES COMPLETION OF TECHNICAL RESOURCES STUDY FOR THE ARKANSAS LITHIUM AND BROMINE BRINE UNIT

Retrieved on: 
Monday, January 8, 2024

THE WOODLANDS, Texas, Jan. 8, 2024 /PRNewswire/ --  TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced the completion of a Technical Resources Study ("Report") for its 6,138 acre "Evergreen Brine Unit" in Arkansas.

Key Points: 
  • THE WOODLANDS, Texas, Jan. 8, 2024 /PRNewswire/ --  TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced the completion of a Technical Resources Study ("Report") for its 6,138 acre "Evergreen Brine Unit" in Arkansas.
  • TETRA had previously announced the results of its maiden inferred resources report on its 5,100 gross acres proposed unit.
  • Mineral resources are estimates and therefore, inherently imprecise, and dependent upon a number of assumptions, which are further discussed in the Report.
  • The resources estimates and brine ownership percentages in the Report are consistent with and assume completion of existing contractual obligations.