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US Firm Takes Control Of One Of The "World's Largest" Cobalt Producers
US Firm Takes Control Of One Of The "World's Largest" Cobalt Producers
An American company has secured control of one of the largest cobalt producers outside Chinese ownership, delivering a strategic boost to U.S. efforts to compete with Beijing over critical minerals, according to the Wall Street Journal.
The buyer, Virtus Minerals, completed its acquisition of Congo-based Chemaf for $30 million, along with a pledge to invest roughly $720 million. The deal caps a years-long push, spanning both the Biden and Trump administrations, to ensure U.S. access to cobalt resources in...
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Apr 17, 2026 / Tyler Durden
Microsoft Triples-Down On Data Centers, As Half Of Planned Projects Face Cancelations, Delays
Microsoft Triples-Down On Data Centers, As Half Of Planned Projects Face Cancelations, Delays
Microsoft unveiled plans to triple its data center footprint in Cheyenne, Wyoming, snapping up roughly 3,200 acres on the city's south edge.
The deal covers a 200-acre parcel in Bison Business Park plus an adjacent 3,000-acre tract, turning what is already one of the company's longstanding hubs into a sprawling complex.
With 11 data centers operational and three more under construction across four campuses, the tech giant is betting big on the Cowboy State's energy resources and workforce.
A company...
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Feb 28, 2026 / Tyler Durden
We Didn't Just Get Expensive Electricity. We Built A System That Makes It Inevitable.
We Didn't Just Get Expensive Electricity. We Built A System That Makes It Inevitable.
Authored by William Murray via RealClearEnergy,
Most Americans don’t think about electricity until the monthly bill arrives.
It comes once a month, often quietly, but lately it’s landed like a thud. Heating your home now costs hundreds more a month than it did just a few years ago. You use the same appliances. You flip the same switches. Nothing in your daily life has changed – except the price.
Why?
When one looks inside the electricity system, the experience is...
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Mar 15, 2026 / Tyler Durden
Anduril Lands $20 Billion Pentagon Contract For "Modern Battlefield" Hardware
Anduril Lands $20 Billion Pentagon Contract For "Modern Battlefield" Hardware
Nine days after Axios reported that Palmer Luckey's Anduril was raising around $4 billion at a $60 billion valuation led by a16z and Thrive Capital, Luckey landed a major enterprise contract with the US Army worth up to $20 billion over 10 years.
Photo: Kyle Grillot/Bloomberg via Getty Images
Announced on Friday, the deal features a five-year base period with an option to extend for another five years - and includes over 120 separate procurement actions into a single agreement which covers the full range of...
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