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Despite Record EV Production Numbers, Shortage of Battery Metals Looms

Retrieved on:

Monday, April 22, 2024

VANCOUVER, British Columbia, April 22, 2024 /PRNewswire/ -- USA News Group – Giants of the auto industry have notably began sending senior executives to mingle with mining experts at events such as the BMO Global Metals & Mining Conference signalling an increasing importance to secure materials to make their cars. The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously. Despite Tesla reporting record Q1 2023 deliveries, Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand. To get there, many battery metals projects continue to be developed, including those from Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Albemarle Corporation (NYSE:ALB), and even Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B).

Key Points:

The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously.
Despite Tesla reporting record Q1 2023 deliveries , Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand.
It was in July 2022 that Ford announced it was going to buy lithium from ioneer for its US EV battery plant.
"Helping unlock lithium in the U.S. will help us support localized production of battery cells going forward," said Drake.

Despite Record EV Production Numbers, Shortage of Battery Metals Looms

Retrieved on:

Monday, April 22, 2024

VANCOUVER, British Columbia, April 22, 2024 /PRNewswire/ -- USA News Group – Giants of the auto industry have notably began sending senior executives to mingle with mining experts at events such as the BMO Global Metals & Mining Conference signalling an increasing importance to secure materials to make their cars. The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously. Despite Tesla reporting record Q1 2023 deliveries, Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand. To get there, many battery metals projects continue to be developed, including those from Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Albemarle Corporation (NYSE:ALB), and even Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B).

Key Points:

The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously.
Despite Tesla reporting record Q1 2023 deliveries , Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand.
It was in July 2022 that Ford announced it was going to buy lithium from ioneer for its US EV battery plant.
"Helping unlock lithium in the U.S. will help us support localized production of battery cells going forward," said Drake.

The Silent Revolution in Data Centers Driven by Artificial Intelligence

Retrieved on:

Tuesday, April 16, 2024

VANCOUVER, BC, April 16, 2024 /PRNewswire/ -- EQUITY INSIDER – Data centers are at the core of what's powering the ongoing artificial intelligence (AI) boom. With almost every major industry shifting towards AI, massive amounts of new infrastructure will still be needed, in particular data centers. The Data Center Equipment Market is exploding, with analysts at Straits Research projecting it to surpass $164 billion by 2031, growing at a whopping 13.2% CAGR along the way. According to Technavio, 38% of growth in the Data Center Rack PDU Market growth will originate from North America, while surging data center demand is pushing the limits of available workers. Among the innovators helping to bring the AI revolution to life are a mix of innovators, including Avant Technologies Inc. (OTC:AVAI), NVIDIA Corporation (NASDAQ:NVDA) (NEO:NVDA), Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NASDAQ:AMD) (NEO:AMD), and Amazon.com, Inc. (NASDAQ:AMZN) (NEO:AMZN).

Key Points:

VANCOUVER, BC, April 16, 2024 /PRNewswire/ -- EQUITY INSIDER – Data centers are at the core of what's powering the ongoing artificial intelligence (AI) boom.
With almost every major industry shifting towards AI, massive amounts of new infrastructure will still be needed, in particular data centers.
AI tech developer, Avant Technologies Inc. (OTC: AVAI) specializes in the development of advanced AI and data center infrastructure solutions.
"The demands placed on data centers are constantly evolving," said Danny Rittman, Chief Information Officer of Avant.

The Silent Revolution in Data Centers Driven by Artificial Intelligence

Retrieved on:

Tuesday, April 16, 2024

VANCOUVER, BC, April 16, 2024 /PRNewswire/ -- EQUITY INSIDER – Data centers are at the core of what's powering the ongoing artificial intelligence (AI) boom. With almost every major industry shifting towards AI, massive amounts of new infrastructure will still be needed, in particular data centers. The Data Center Equipment Market is exploding, with analysts at Straits Research projecting it to surpass $164 billion by 2031, growing at a whopping 13.2% CAGR along the way. According to Technavio, 38% of growth in the Data Center Rack PDU Market growth will originate from North America, while surging data center demand is pushing the limits of available workers. Among the innovators helping to bring the AI revolution to life are a mix of innovators, including Avant Technologies Inc. (OTC:AVAI), NVIDIA Corporation (NASDAQ:NVDA) (NEO:NVDA), Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NASDAQ:AMD) (NEO:AMD), and Amazon.com, Inc. (NASDAQ:AMZN) (NEO:AMZN).

Key Points:

VANCOUVER, BC, April 16, 2024 /PRNewswire/ -- EQUITY INSIDER – Data centers are at the core of what's powering the ongoing artificial intelligence (AI) boom.
With almost every major industry shifting towards AI, massive amounts of new infrastructure will still be needed, in particular data centers.
AI tech developer, Avant Technologies Inc. (OTC: AVAI) specializes in the development of advanced AI and data center infrastructure solutions.
"The demands placed on data centers are constantly evolving," said Danny Rittman, Chief Information Officer of Avant.

PAREMINA Announces Asia Debut at Beautyworld Tokyo 2024 with Innovative Anti-Aging Solutions

Retrieved on:

Monday, April 15, 2024

Collagen, Oxidative stress, Nature, CELL, MD, Research, Tokyo Big Sight, Elastin, Lipid metabolism, Science, Probiotic, NEO, Antioxidant, Glucose, Ageing, Longevity, Beauty

TOKYO, Japan, April 14, 2024 /PRNewswire-PRWeb/ -- PAREMINA, a distinguished leader with over 60 years of expertise in natural antioxidants and bioactive research for beauty care, is thrilled to reveal its Asia debut at the Beautyworld Japan Tokyo from May 13 to 15, 2024. It is set to introduce two nutrition supplement products, NEO CELL, and NEO METABOLIC, to the Asian market at this industry event held at Tokyo Big Sight.

Key Points:

PAREMINA debuts in Asia at Beautyworld Tokyo 2024, introducing NEO CELL & NEO METABOLIC, showcasing their deep expertise in bioactives and antioxidants.
TOKYO, Japan, April 14, 2024 /PRNewswire-PRWeb/ -- PAREMINA, a distinguished leader with over 60 years of expertise in natural antioxidants and bioactive research for beauty care, is thrilled to reveal its Asia debut at the Beautyworld Japan Tokyo from May 13 to 15, 2024.
PAREMINA's participation in Beautyworld Tokyo marks a significant milestone in the company's journey, introducing its science-based anti-aging solutions to a new audience.
For more information about PAREMINA and its participation in Beautyworld Tokyo 2024, please visit http://www.paremina.com .

NEO Battery Materials Announces Appointment of Dr. Dongmok Whang as New Director

Retrieved on:

Wednesday, April 3, 2024

NEO, Nanotechnology, Research, School, KBIA, Engineering, Samsung, OTC, LG Energy Solution, Ministry, Sungkyunkwan University, Silicon

Dr. Whang commented, “It is a great pleasure to be more deeply involved with the Company that is at the forefront of revolutionizing battery technology.

Key Points:

Dr. Whang commented, “It is a great pleasure to be more deeply involved with the Company that is at the forefront of revolutionizing battery technology.
Only three years into R&D, NEO’s pace of performance optimization has been outstanding, considering that battery materials development is a tedious, taxing process.
NEO Battery Materials is pleased to announce that it has joined the Korea Battery Industry Association (“KBIA”).
Since its inception, the association supported the rise to prominence in the international battery market and organized the world’s leading battery conference, InterBattery.

KinetX Aerospace Named Most Innovative Company in Space in 2024 Amidst Award Recognitions

Retrieved on:

Tuesday, April 2, 2024

NEO, OSIRIS-REx, Moon, NAA, Spacecraft, Collier Trophy, NASA, OSIRIS, OSIRIS-APEX, KinetX, Asteroid, Communications satellite

TEMPE, Ariz., April 02, 2024 (GLOBE NEWSWIRE) -- KinetX Aerospace , the first commercial company to provide mission design and navigation services for NASA’s deep space missions, has been recognized for its innovation and leadership in the space industry, in addition to being named Fast Company’s Most Innovative Company in Space in 2024 , and ranked 10th overall on Fast Company’s list of the World’s 50 Most Innovative Companies of 2024 .

Key Points:

TEMPE, Ariz., April 02, 2024 (GLOBE NEWSWIRE) -- KinetX Aerospace , the first commercial company to provide mission design and navigation services for NASA’s deep space missions, has been recognized for its innovation and leadership in the space industry, in addition to being named Fast Company’s Most Innovative Company in Space in 2024 , and ranked 10th overall on Fast Company’s list of the World’s 50 Most Innovative Companies of 2024 .
KinetX has been at the forefront of the commercialization of space for over 30 years and is made up of a team of highly qualified engineers with deep space expertise and experience.
The team is focused on leading, developing, and demonstrating innovative solutions to global and space-based challenges.
“The OSIRIS-REx mission team is well-deserving of the Collier Trophy and Goddard Memorial Trophy,” said Coralie Adam, KinetX Optical Navigation Lead for OSIRIS-REx.

NeoGenomics to Report First Quarter 2024 Financial Results on April 30, 2024

Retrieved on:

Tuesday, April 9, 2024

Science, Biotechnology, Research, Pharmaceutical, Oncology, Health, Genetics, Clinical Trials, NEO, NeoGenomics, Telephone, Webcast

NeoGenomics, Inc. (NASDAQ: NEO), a leading oncology testing services company, today announced that it will report its first quarter 2024 financial results on Tuesday, April 30, 2024.

Key Points:

NeoGenomics, Inc. (NASDAQ: NEO), a leading oncology testing services company, today announced that it will report its first quarter 2024 financial results on Tuesday, April 30, 2024.
Company management will host a webcast and conference call that morning at 8:30 a.m. Eastern Time to discuss financial results and recent highlights.
The live webcast may be accessed by visiting the Investor Relations section of our website at ir.neogenomics.com .
To access the live call via telephone, dial (877) 545-0523 (domestic) or (973) 528-0016 (international) at least five minutes prior to the call.

NEO Battery Materials Announces Change of Auditor to MNP LLP

Retrieved on:

Wednesday, March 20, 2024

NEO, MNP, Successor, National instrument, OTC, Former, Change, MNP LLP, Silicon, Audit

TORONTO, March 20, 2024 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that it has changed its auditors from DeVisser Gray LLP (“Former Auditor”) to MNP LLP (“Successor Auditor”), effective March 19, 2024.

Key Points:

TORONTO, March 20, 2024 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that it has changed its auditors from DeVisser Gray LLP (“Former Auditor”) to MNP LLP (“Successor Auditor”), effective March 19, 2024.
NEO Battery’s board of directors accepted the resignation of DeVisser Gray LLP and appointed MNP LLP as the new auditor of the Company, effective March 19, 2024, until the Company’s next annual general meeting of shareholders.
There were no reservations in the Former Auditor’s audit reports for any financial period during which the Former Auditor was the Company’s auditor.
There are no “reportable events” (as the term is defined in National Instrument 51-102 – Continuous Disclosure Obligations) between the Company and the Former Auditor.

Global A.I. Medical Diagnostics Market Poised To Reach $3.7 Billion By 2028

Retrieved on:

Wednesday, March 20, 2024

A report from MarketsAndMarkets opined that the global AI in medical diagnostics market in terms of revenue was estimated to be worth $1.3 billion in 2023 and is poised to reach $3.7 billion by 2028, growing at a CAGR of 23.2% from 2023 to 2028.

Key Points:

A report from MarketsAndMarkets opined that the global AI in medical diagnostics market in terms of revenue was estimated to be worth $1.3 billion in 2023 and is poised to reach $3.7 billion by 2028, growing at a CAGR of 23.2% from 2023 to 2028.
MarketsAndMarkets continued: “Based on component, the AI in medical diagnostics market is bifurcated into software, services, and hardware.
The software segment accounted for the largest share of the global AI in medical diagnostics Market in 2022.
The hospitals segment accounted for the largest share of the global AI in medical diagnostics Market in 2022.