Author

admin

Browsing

Israeli police raided two Palestinian bookstores in occupied east Jerusalem on Sunday, confiscating books and arresting one of the owners and his nephew, according to their family members.

CCTV footage shared by the owners, four brothers from the Muna family, shows police officers putting books in trash bags at one of the branches of the Educational Bookshop, a decades-old respected institution with Arabic- and English-language branches.

Photos shared by Muna of the Arabic-language store show books, notebooks and writing materials scattered on the ground.

Israeli police said in a statement Monday that two people were arrested on suspicion of “selling books containing incitement and support for terrorism.”

“The suspects who allegedly sold the books were taken into custody by police detectives,” the police spokesperson’s unit said.

Images from the aftermath of the raid show items scattered on the floor.
Different areas of the stores were raided, including the children's book section.

Israeli police said that “detectives encountered numerous books containing inciteful material with nationalist Palestinian themes” in the stores.

Among them was a children’s coloring book titled “From the River to the Sea.” The expression is politically controversial in Israel. Some Palestinians use the phrase in support of a homeland between the Jordan River and the Mediterranean, but many Jews regard it as a call for Israel’s destruction.

The Educational Bookshop was established in 1984 on the central Salah el Dein street in East Jerusalem. The original branch sells Arabic books, while the English-language store opened years later is frequented by Palestinians, Israelis and foreigners alike.

The group “The Time Has Come”, which lobbies for peace between Jews and Palestinians, said the bookstore and its people “are an important part of the shared future we envision for Jerusalem. The arrest and confiscation not only harm the right to free expression and the freedom of information but also place the city’s future on the brink.”

Francesca Albanese, the UN Special Rapporteur for Palestinian Territories, said she was “shocked by the raid” on the bookstores, which she called “an intellectual lighthouse and family-run gem resisting Palestinian erasure under apartheid.”

Albanese also urged the international community in Jerusalem to “show up, stand with the Muna family, and protect this vital hub.”

Correction: This article previously referred to “The Time Has Come” group as “Ad Kan.” The two groups are separate entities, and the comments in this article are those of “The Time Has Come.”

This post appeared first on cnn.com

U.S. President Donald Trump said Sunday that he remains committed to the U.S. purchasing and owning Gaza, but that he may allow Middle Eastern countries to rebuild sections of the area ravaged by the Israel-Hamas war.

Trump made the comment when speaking to reporters aboard Air Force One on his way to New Orleans for the Super Bowl.

‘I’m committed to buying and owning Gaza,’ Trump said. ‘As far as us rebuilding it, we may give it to other states in the Middle East to build sections of it, other people may do it, through our auspices. But we’re committed to owning it, taking it, and making sure that Hamas doesn’t move back.’

‘There’s nothing to move back into. The place is a demolition site. The remainder will be demolished. Everything’s demolished,’ he said.

The president also said he was open to the possibility of allowing some Palestinian refugees into the U.S. but that those requests would be handled on a case-by-case basis.

Trump said last week at a joint press conference with Israeli Prime Minister Benjamin Netanyahu that he wants the U.S. to take over Gaza after Palestinians are resettled in other countries.

‘The U.S. will take over the Gaza Strip, and we will do a job with it, too,’ Trump said at the time. ‘We’ll own it and be responsible for dismantling all of the dangerous, unexplored bombs and other weapons on the site.’

‘Level the site and get rid of the destroyed buildings, level it out, create an economic development that will supply unlimited numbers of jobs and housing for the people of the area,’ he added. ‘Do a real job. Do something different. Just can’t go back. If you go back, it’s going to end up the same way it has for 100 years.’

Several countries have criticized Trump’s comments about taking over Gaza, which was bombarded by Israeli forces in the conflict sparked by Hamas’ Oct. 7, 2023, attack against the Jewish State.

Trump also said on Jan. 25 that he wanted Jordan, Egypt and other Arab nations to accept more Palestinian refugees from Gaza, potentially moving out enough people to ‘just clean out’ the area.

‘You’re talking about probably a million and a half people, and we just clean out that whole thing and say, ‘You know, it’s over,” he said at the time.

Palestinians feared during the Israel-Hamas war in Gaza, which is now under a ceasefire, that they would suffer from another ‘Nakba,’ meaning catastrophe in Arabic, which refers to the displacement and dispossession of hundreds of thousands of Palestinians during the 1948 war at the birth of the State of Israel.

Earlier on Sunday, Israeli President Isaac Herzog told Fox News’ Maria Bartiromo when asked about Trump’s plan to take over Gaza that the U.S. president was slated to meet with Jordan’s King Abdullah II, Egyptian President Abdel Fattah el-Sisi and possibly Saudi Arabian Crown Prince Mohammed bin Salman.

‘President Trump is due to meet with major, major Arab leaders, first and foremost the king of Jordan and the president of Egypt and I think also the crown prince of Saudi Arabia as well,’ Herzog said.

‘These are partners that must be listened to, they must be discussed with. We have to honor their feelings as well and see how we build a plan that is sustainable for the future,’ he added.

Saudi Arabia is among the many countries that have rejected Trump’s plan to take over Gaza. Jordan’s King Abdullah II reportedly plans to tell Trump during their scheduled meeting on Tuesday that the proposal is a recipe for radicalism that will spread chaos throughout the Middle East and put at risk the kingdom’s peace with Israel.

Reuters contributed to this report.

This post appeared first on FOX NEWS

Kalgoorlie Gold Mining (ASX: KAL) (‘KalGold’ or ‘the Company’) announces the discovery of newly identified, extensive gold mineralisation at Pinjin (to be named “Lighthorse”).HIGHLIGHTS

  • Thick, high-grade gold intercepts at Lighthorse include:
    • KGAC24152: 17 m at 4.81 g/t Au from 48 m, including 8 m at 9.21 g/t Au from 52 m (hole ends in mineralisation)
    • KGAC24153: 4 m at 4.72 g/t Au from 52 m (hole ends in mineralisation)
  • Lighthorse is a KalGold-generated, greenfields gold discovery, characterised by:
    • A 200 m wide primary gold target on the discovery section, open down dip.
    • A 600 m strike, parallel to the Laverton Tectonic Zone, open to the northwest and southeast.
    • Crosscutting mineralised structures extending over 800 m, open to the northeast.
  • o A footprint larger than either KalGold’s Kirgella Gift or Providence gold deposits
    • No outcrop, and no effective historic drilling.
  • Extensive, contiguous, widely-spaced intercepts suggest a large primary gold system obscured by transported cover. Further drilling is required to define the system’s full extent.
  • Lighthorse is located in the southeast of the Eastern Goldfields, an area which is becoming a focus for gold discovery and development. It is located:
    • 1 km west of KalGold’s Kirgella Gift and Providence gold deposits,
    • 12 km south of Hawthorn Resources’ (ASX:HAW) Anglo Saxon Gold Mine,
    • 22 km northwest of Ramelius Resources’ (ASX:RMS) Rebecca Gold Project
    • 30 km east of OzAurum Resources’ (ASX:OZM) high-grade gold discovery at Mulgabbie North
  • A priority follow-up RC drill program is being fast-tracked for March 2025, pending rig availability.

For MD and CEO Matt Painter’s thoughts on the Lighthorse gold discovery, please see our video on the KalGold Investor Hub at https://investorhub.kalgoldmining.com.au/link/mepb1P

Commenting on the discovery, KalGold Managing Director Matt Painter said:

“This is what we’ve been chasing at Pinjin. Our systematic approach to exploration has paid off. Thick, high-grade gold mineralisation at Lighthorse is located just 1 km west of our Kirgella Gift deposit, beneath transported cover in an area of zero outcrop. This is a 100% KalGold generated discovery that reinforces the exceptional growth potential at Pinjin. The full extent of the emerging Lighthorse target is unconstrained at this stage, but we have already identified mineralisation over a 600 m northwest-southeast strike length, parallel to the local grain of the Laverton Tectonic Zone, and open along strike and at depth. Additional gold mineralised trends associated with cross-cutting structures are also evident, extending over 800 m and open to the northeast.

Follow up RC drilling is scheduled for March 2025. We also expect to follow up previously reported thick, shallow gold intercepts at Wessex (ASX: KAL 09/10/24), next door to the Anglo Saxon Gold Mine (HAW), in this upcoming RC drill program.

This is an incredibly exciting time at KalGold. Recently announced discoveries by some of our neighbours, together with this new Lighthorse discovery, are cementing this south-eastern part of the Eastern Goldfields as a hot spot for exploration, discovery, and development. KalGold holds an extensive and strategic footprint within this incredible, historically overlooked area.”

High-grade gold intercepts define the Lighthorse discovery at Pinjin

Drilling in December 2024 successfully expanded upon an extensive earlier aircore program at Kirgella West (Figure 1). The new drilling intersected thick, high-grade gold mineralisation beneath transported sediments (Table 1). Four of these five new holes returned significant gold intercepts, with two of the drill holes ending in mineralisation with the rig unable to penetrate the fresh, mineralised rock. Gold mineralisation is open along strike and down dip.

Click here for the full ASX Release

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (February 7) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin is trading at US$96,087, recording a 0.4 percent decrease over 24 hours as of the market’s close on Friday. The day’s trading range saw a high of US$100,097 and a low of US$95,746.

Meanwhile, Ether is priced at US$2,595.45, marking a decline of 3.7 percent over 24 hours. The cryptocurrency reached an intraday high of US$2,794.36 and a low of US$2,590.32.

Altcoin price update

  • SOL is currently valued at US$189.99, 1 percent lower over 24 hours, after hitting a daily high of US$202.86 and a low of US$189.95 as the markets closed for the weekend.
  • XRP rose to US$2.38 at the end of the trading day, marking a 2.2 percent increase. The cryptocurrency reached an intraday high of US$2.53 and a low of US$2.36.
  • SUI is trading at US$2.97, near its lowest valuation of the day and a 6 percent decline. It achieved a daily high of US$3.37 and a low of US$2.96.
  • Finally, ADA is down, priced at US$0.7041, reflecting a 0.6 percent decrease over 24 hours. Its highest price on Friday was US$0.7485 at the opening bell and its lowest was US$0.6994.

Crypto news to know

Acting Commodity Futures Trading Commission (CFTC) Chair Caroline Pham announced a forum where crypto CEOs from companies including Coinbase, Circle and Ripple can provide input on an upcoming digital asset pilot program.

Earlier this week, Pham said the CFTC will be dividing its task force into two main groups and will be “ending regulation by enforcement,” turning its attention to fraud and consumer protections instead.

Elsewhere, a US federal judge has decreed that Coinbase will be required to face allegations brought to it by the US Securities and Exchange Commission (SEC) in June 2023, rejecting the crypto exchange’s argument that it does not meet the criteria of a statutory seller. According to Reuters, US District Judge Paul Engelmayer said, “customers on Coinbase transact solely with Coinbase itself,” effectively concluding that Coinbase is a seller.

The SEC has also requested more time to reach a final decision regarding an application by Nasdaq’s International Securities Exchange to list options contracts for BlackRock’s iShares Ethereum Trust (ETHA).

The decision is now due in April of this year.

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

As Israeli Prime Minister Benjamin Netanyahu returns from a week-long trip to Washington, toting a fantastical and radical Gaza plan from the American president, he finds a country at a crossroads.

Will Israel return to war in Gaza? Or will the ceasefire hold, and more Israeli hostages and Palestinian prisoners see freedom?

US President Donald Trump wants America to control Gaza and for the 2.1 million Palestinians who live there to leave. The gaunt appearance of three Israelis released from Hamas captivity has traumatized the nation. A month-old ceasefire expires in just over two weeks and talks to extend it have barely begun, if at all.

Memories and images of the Holocaust have always loomed over the Israeli psyche. But now, at a critical time in the 16-month-long Gaza war, a battle to define the lessons of that slaughter is being played out across Israeli society.

‘Holocaust survivors’

On Saturday, Israelis gathered around their televisions as they have every weekend for a month, to see their compatriots released from more than a year of captivity in Gaza.

Hamas’ highly staged handover ceremonies are fraught. Just a week ago, many Israelis got flashbacks to the scenes of October 7, 2023, as militants pushed Arbel Yehoud through a jostling crowd.

But the nation was not prepared for the image of three skeletal figures – Ohad Ben Ami, Eli Sharabi and Or Levy – as Hamas militants led them from a van in Deir al-Balah this weekend. Emaciated, with sunken faces, the three appeared barely able to walk on their own.

Ohad Ben Ami, Eli Sharabi and Or Levy are escorted by Hamas militants in Gaza on Saturday.
Ohad Ben Ami's relatives react as he appears on stage during a handover ceremony.

To many, the image drew immediate parallels to the survivors of Nazi death camps. “The three who returned today are Holocaust survivors,” Einav Zangauker, whose son Matan is still held in Gaza, said later that day.

When the prime minister expressed outrage at their appearance, the opposition leader Yair Lapid hit back: “Netanyahu, did you just now discover that the condition of the hostages is dire?”

Hamas and its allies continue to hold 73 hostages taken on October, of whom at least 34 are believed to be dead by the Israeli government.

Netanyahu has long been accused, with some evidence, of deliberately blocking previous ceasefire deals. In a tell-all interview with Israel’s Channel 12 on Thursday, the former defense minister Yoav Gallant – fired by Netanyahu last year after months of tension – agreed.

“This offer from early July that Hamas agreed to is identical to the offer now, only less good in some respects,” he said of the ceasefire agreement adopted in January. “There are fewer live hostages, unfortunately. More time has passed. And we are paying a heavier price here, because there are at least 110 more murderers who will be released in this process.”

Israeli Prime Minister Benjamin Netanyahu returned to Israel on Sunday after spending a week in Washington.
Yoav Gallant, Israel's former defense minister, said in an interview last week that a ceasefire proposal from last July "is identical to the offer now."

Previous hostages have been freed in relative health – albeit, doctors say, malnourished and traumatized. With the release of the three gaunt men this weekend, Hamas appeared to be sending a message at a critical moment.

“Seeing the three hostages this morning as if they had been liberated from World War II concentration camps should compel us all to accelerate the release of all hostages,” the veteran Israeli negotiator-turned-peace activist Gershon Baskin said on Saturday.

It should be noted, of course, that many Palestinian prisoners who have been released from Israeli jails say that they were deliberately starved. Mohammad El-Halabi, an aid worker who was charged in 2016 with funneling money to Hamas in a case disputed by international human rights groups, was among those released earlier this month.

‘Total victory’

Just as some see in the Holocaust an argument to accelerate a deal for more hostages, others draw on a deep strain in Israeli culture – that, no matter what, Jews will never again be victims.

“We became a nation of victims – we were the perfect victim,” Netanyahu told Fox News this weekend. “I don’t seek wars – I seek to end wars. But if a war is foisted on me, like these monsters foisted on us, we will defeat them. And we will achieve total victory over them. No question about that.”

Speaking on Holocaust Remembrance Day last year, he said that “a straight line, as sinister as can be, connects the murderers of old to the murderers of today.”

Though his foreign minister, Gideon Saar, also drew the comparison between the Holocaust and the gaunt Israeli hostages released this weekend, Netanyahu has so far avoided their comparison.

His extremist finance minister is similarly skeptical. “The suffering of our hostages in Hamas’ brutal captivity is heartbreaking,” Bezalel Smotrich said this weekend. “But comparisons to the Holocaust are a grave mistake and are based on the contempt for the Holocaust.”

His opinions carry weight. Smotrich is at the height of his powers. After Itamar Ben Gvir quit his post as national security minister over the Gaza ceasefire, Smotrich’s right-wing Religious Zionism party became the keystone to Netanyahu’s ability to govern.

He has also threatened to quit, if Israel doesn’t return to war in Gaza. It is little surprise that Netanyahu waited until this weekend – a week after a deadline for further ceasefire talks – to send a delegation to Qatar. Israeli media is rife with speculation that he is simply running out the clock until phase one of the deal expires on March 1.

“We’re going to get 75% of the living hostages out,” he told Fox News, before hastening to add: “Which – and I intend to get all of them out.”

If Netanyahu does return Israel to war in Gaza, Trump’s desire for Palestinians to leave will become unavoidable.

Trump’s plan is radical. If Palestinians were forced to leave – or encouraged, by prolonging dire humanitarian conditions – it would almost certainly constitute ethnic cleansing under international law. But Trump has recognized, in the simplistic way of a populist, that paying lip service to the two-state solution has only entrenched the Israeli-Palestinian conflict.

“We’re going to finish Hamas off,” Netanyahu said in that interview. “And what happens then? Do we leave the people there with all that devastation? Do you say, ‘Well, they have to stay in, confined?’ Because nobody lets them leave. Everybody describes Gaza as the biggest open-air prison in the world. You know why? Because they’re not allowed to leave.”

Never one to waste an opportunity, Ben Gvir – a far-right politician who carries a conviction of incitement to racism and supporting a terror organization – also seized on the hostages’ appearance. “This is a holocaust,” he said. “Encourage voluntary immigration now.”

Abeer Salman, Lauren Izso, Dana Karni and Eugenia Yosef contributed to this report.

This post appeared first on cnn.com

The number of new marriages recorded in China fell to a record low last year, despite sweeping government efforts to encourage young people to tie the knot and have babies to halt demographic decline in the world’s second-largest economy.

Some 6.1 million couples registered their marriages in 2024, a plunge of 20.5% from the previous year, according to data released Saturday by China’s Ministry of Civil Affairs. It marks a record low since the ministry started releasing the statistics in 1986.

Plummeting marriages – and births – pose a severe challenge to Beijing, as it grapples with the pressure of a shrinking workforce and rapidly aging population on the country’s slowing economy.

The sharp drop in the number of marriages in 2024 resumed the decade-long decline since 2013, after a brief rebound in 2023 following the lifting of stringent Covid restrictions.

Last year’s figure was less than half of the 13 million marriages registered at the peak in 2013.

The data released on Saturday also showed a slight increase in the number of divorces. Last year, nearly 2.6 million couples registered for divorce, an increase of 28,000 from 2023.

China has mandated a 30-day “cooling-off” period for people filing for divorce since 2021, despite criticism that it could make it harder for women to leave broken or even abusive marriages.

China’s population has shrunk for three years in a row despite a slight increase in the birth rate last year.

The working population, classified as those between the ages of 16 and 59, also declined by 6.83 million last year, adding to an ongoing contraction. The population of those over 60, meanwhile, continued to expand, to account for 22% of the total population.

Chinese officials see a direct link between fewer marriages and falling births in the country, where social norms and government regulations make it challenging for unmarried couples to have children.

To reverse the decline, Chinese officials have rolled out a raft of measures, from financial incentives to propaganda campaigns, to nudge young people to tie the knot and have children.

Officials have organized blind dating events, mass weddings, and attempted to curtail the tradition of large “bride price” payments from the groom to his future wife’s family that put marriage out of reach for many poor men in rural areas.

Some local governments have even handed out cash incentives for young couples to get married.

Since 2022, China’s Family Planning Association has launched programs to create a “new-era marriage and childbearing culture,” enrolling dozens of cities to promote the “social value of childbearing” and encouraging young people to get married and give birth at an “appropriate age.”

But so far, these policies have failed to convince Chinese young adults who are grappling with high unemployment, the rising cost of living and the lack of robust social welfare support amid the economic slowdown.

Many are postponing marriage and childbirth – and a growing number of young people even choose to eschew them entirely.

“Life is so exhausting, how could there be the courage to get married? Sigh,” said a top comment on Chinese social platform Weibo on Sunday, in response to news of the record-low marriages.

The decline in both marriages and births is partly due to decades of policies designed to limit China’s population growth, which resulted in fewer young people of marriageable age, according to Chinese officials and sociologists.

In 2015, China announced an end to its decades-long one-child policy, allowing couples to have two children, then increased that to three children in 2021 – but both marriage and birth rates continued to drop.

The stubborn downward trend is also a result of changing attitudes to marriage, especially among young women who are becoming more educated and financially independent.

Faced with widespread workplace discrimination and patriarchal traditions – such as the expectation for women to be responsible for childcare and housework – some women are growing disillusioned with marriage.

This post appeared first on cnn.com

President Donald Trump announced plans to put a stop to producing pennies, which cost more than their value to make.

‘For far too long, the United States has minted pennies which literally cost us more than 2 cents,’ Trump wrote on Truth Social. ‘This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies.’

He added, ‘Let’s rip the waste out of our great nation’s budget, even if it’s a penny at a time.’

This is the president’s latest move to reduce spending in the U.S. after taking office on Jan. 20.

The Department of Government Efficiency (DOGE), which is led by billionaire Elon Musk, posted on X last month that producing the penny is costing American taxpayers tens of millions of dollars, suggesting that it may be one of the items it may consider eliminating. 

Musk’s initiative, aimed at cutting $2 trillion in federal spending, didn’t directly state that the penny would be eliminated, but highlighted that it costs three times more to make than it’s actually worth.

According to the U.S. Mint, each penny costs 3.69 cents to produce in fiscal year 2024, costing taxpayers $119 million. This marked the 19th consecutive year in which production exceeded its face value. 

In the U.S., the penny was one of the first coins made by the U.S. Mint after its establishment in 1792. When it was first produced, the coin was larger and made of pure copper. Today’s smaller coin is made mostly of zinc, according to the U.S. Mint.

Fox News Digital’s Daniella Genovese contributed to this report.

This post appeared first on FOX NEWS

At least 31 suspected Maoist rebels and two police officials were killed on Sunday in the deadliest combat so far this year in central India, police said.

Hundreds of police and paramilitary soldiers launched an operation in the forests of the Indravati area of Chhattisgarh state based on intelligence that large number of rebels had gathered there, said state police Inspector General Pattilingam Sundarraj.

Sundarraj said as the troops conducted a search operation fighting erupted in the forest, killing at least 31 insurgents and two police officials. Two other police were injured. He said search operations were continuing in the area and the troops had recovered some arms and ammunition, including automatic rifles.

There was no immediate statement from the rebels.

Sunday’s fighting is the biggest so far this year and the second major clash in less than a month in Chhattisgarh, according to police officer Jitendra Yadav.

At least 16 rebels were killed in the state’s Gariband district on Jan. 23. According to Indian officials, the government had issued a bounty for 12 of them totaling about $345,000. Eight rebels were killed in a gunbattle with troops in the Bijapur district on Jan. 31.

Indian soldiers have been battling the Maoist rebels across several central and northern states since 1967, when the militants, also known as Naxalites, began fighting to demand more jobs, land and wealth from natural resources for the country’s poor indigenous communities. The insurgents are inspired by Chinese revolutionary leader Mao Zedong.

Years of neglect have isolated many locals, who face a lack of jobs, schools and health care clinics, making them open to overtures by the rebels. The rebels speak the same tribal languages as many villagers and have promised to fight for a better future especially in Chhattisgarh, one of India’s poorest states despite its vast mineral riches.

The rebels have ambushed police, destroyed government offices and abducted officials. They’ve also blown up train tracks, attacked prisons to free their comrades and stolen weapons from police and paramilitary warehouses to arm themselves.

This post appeared first on cnn.com

Melbourne, Australia (ABN Newswire) – Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce the signing of a non-binding Memorandum of Understanding (MOU) with Lafarge Canada Inc. (‘Lafarge’) for the exclusive supply of Aluminosilicate Secondary Product (ASCR) produced from the Becancour Lithium Refinery.

Highlights

– MOU signed with strategic cement partner, Lafarge Canada Inc.

– Canadian cement producer, part of the Holcim Group

– Exclusive supply of all Aluminosilicate product (‘ACSR’) from Becancour

– ACSR is used as an additive to cement products

– Improves cement durability, strength, and production costs

– Significant growth in Canadian cement industry

ASCR, commonly used as an additive in the cement industry, significantly enhances compressive strength and reduces production costs. Lafarge, a strategic Canadian cement producer, is part of the Holcim Group. Both parties will now work towards finalizing a definitive supply and purchase agreement.

About Lafarge Canada Inc.

Lafarge Canada (www.lafarge.ca) is the largest provider of innovative and sustainable building solutions in Canada, including aggregates, cement, ready mix and precast concrete, asphalt and paving, road and civil construction. We have over 6,900 employees and 400 sites across the country, and as an affiliate of Holcim, Lafarge Canada is driven by the Group’s purpose to build progress for people and the planet.

Holcim’s 63,448 employees are on a mission to decarbonize building while improving living standards for all. We empower our customers to build better with less, with a broad range of low-carbon and circular solutions, from ECOPact(R) to ECOPlanet(R). Through innovative systems, from Elevate’s roofing to PRB’s insulation, Holcim makes buildings more sustainable in use, driving energy efficiency and green retrofitting.

With sustainability at the core of its strategy, Holcim is on its way to becoming a net-zero company with 1.5degC targets validated by SBTi.

Benefits of ASCR Product

The process yields in the region of 130,000 tonnes of alumina silicate by-product annually and will be marketed as a cement additive. This product comprises silica (SiO2), aluminium oxide (Al2O3), and ferric oxide (Fe2O3).

It features a fine particle size and large specific surface area, enhancing its reactivity and utility in cement production. The Jiangsu Lithium Refinery successfully sold this by-product to local cement industries. Alumina silicate can improve cement strength and durability by absorbing Ca(OH)2 produced during hydration, filling gaps, and reducing heat generation. It also helps to resist cracking in large-volume concrete by mitigating temperature-induced stress. The effectiveness of alumina silicate in cement is well-established, with cement containing 30% alumina silicate showing a 132% increase in 28-day compressive strength compared to Portland cement. Additionally, using the fly ash activity determination method, cement with 30% alumina silicate demonstrates a 174% increase in 3-month compressive strength compared to cement with 30% finely ground quartz sand. By replacing some cement raw materials, alumina silicate can reduce production costs, improve efficiency, and enhance cement quality and durability. Lithium Universe will focus on establishing sales of the alumina silicate additive to local cement manufacturers, providing significant cost-saving benefits.

Canadian Cement Industry

The cement industry in Canada has shown notable growth and resilience in recent years. In 2021, the cement and concrete product manufacturing industry’s revenue reached approximately $12.3 billion, marking an increase of 14.14% from $10.8 billion in 2020, indicating robust demand in construction sectors. Cement production volumes in Canada also increased, with the country producing about 13.8 million metric tonnes in 2022, up by 6.2% from 2020’s 13 million metric tonnes. This growth aligns with the broader economic recovery post-pandemic, driven by significant investments in infrastructure and residential construction. Moreover, the market size for cement manufacturing in Canada was estimated at $2.1 billion in 2025, with a compound annual growth rate (CAGR) of 0.5% from 2019 to 2024, though it experienced a decline at a CAGR of 3.8% over that period due to various market dynamics. The industry employs over 166,000 people, contributing significantly to Canada’s economy with an annual economic impact of around $76 billion.

Lithium Universe Chairman, Iggy Tan said, ‘This is great news for Lithium Universe as we partner with Lafarge Canada Inc. to enhance the North American battery materials supply chain and promote sustainable innovation in Canada’s cement industry. This collaboration will not only advance our focus on building Becancour Lithium refinery’s secondary product supply chain but also strengthening local supply chains, fostering a more circular economy in Quebec, and contributing to greener construction materials.’

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe’s mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.

Source:
Lithium Universe Ltd

Contact:
Alex Hanly
Chief Executive Officer
Lithium Universe Limited
Tel: +61 448 418 725
Email: info@lithiumuniverse.com

Iggy Tan
Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

Sarama Resources Ltd. (“Sarama” or the “Company”) (ASX:SRR, TSX- V:SWA) is pleased to advise that it has commenced a multi-stage regional soil-geochemistry program at its majority- owned(1) 580km² Cosmo Gold Project (the “Project”)(2) in the Eastern Goldfields of Western Australia. The program is the most significant exploration work to be undertaken on the Project in decades and is a foundational stage for drill target generation.

The program follows the Company’s acquisition of a majority and controlling interest in the Project in December 2024 and its agreement to acquire a majority and controlling interest in the nearby Mt Venn Project in January 2025(3). In aggregate, the belt-scale projects will cover approximately 1,000km²(2,3) and +100km of strike-length of greenstone rocks and are well-positioned and underexplored, presenting an exciting opportunity for Sarama in the Laverton Gold District which is known for its prolific gold endowment (refer Figure 1).

Highlights

  • Large-scale soil geochemistry program underway at the Cosmo Project to progress drill targeting
  • Program is the most significant exploration works undertaken on the Project in several decades
  • Initial focus on areas with large-scale structural features and lithological contacts identified in recent interpretation of airborne geophysical datasets
  • Surface grab sampling returned grades up to 52g/t Au(5) in historical exploration within the Project
  • Fieldwork already underway with experienced field crews mobilised; first samples for analysis in 2 weeks
  • Opportunity for recommencement of modern exploration due to changes in land access
  • Follows the recent execution of a non-binding Heads of Agreement to acquire majority interest in belt-scale Mt Venn Project(3)
  • Sarama’s recent acquisitions will create in aggregate a 1,000km² exploration position(2,3) capturing 100km of strike length in underexplored terrane
  • Projects located in the prolific Laverton Gold District, proximal to the producing Gruyere Gold Mine(4)

Sarama’s President, Executive Chairman, Andrew Dinning commented:

“We are very pleased to get exploration underway and bring the belt-scale Cosmo Project to account. Cosmo is genuinely underexplored, has all the geological ingredients to generate a discovery and with core team members that led the discovery of the multi-million ounce Moto and Sanutura(6) Projects in Africa and we look forward to seeing what this project can deliver. Leveraging its position at the Cosmo Project, upon completion of the transaction to acquire a majority interest in the nearby Mt Venn Project, Sarama will have 1,000km2 of highly prospective ground in the prolific Laverton Gold District.”

Click here for the full ASX Release

This post appeared first on investingnews.com