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How to Invest in Rare Earth Metals

Investing 8 Mins Read

Investing in rare earth minerals can seem tricky, but there are a variety of rare earth stocks and exchange-traded funds (ETFs) available for metals investors.

The rare earth sector may seem daunting, as many elements fall under the umbrella, and the 17 rare earth elements (REEs) are as diverse as they are challenging to pronounce.

The group is made up of 15 lanthanides, plus yttrium and scandium, and each element has different applications, pricing and supply and demand dynamics. Sound complicated? While the REE space is undeniably complex, many investors find it compelling and are interested in finding ways to get a foot in the door.

Read on for a more in-depth look at the rare earth metals market and the many different types of rare earth minerals, plus rare earth stocks and ETFs you can invest in.

In this article

    What are the types of rare earth minerals?

    There are a number of ways to categorize and better understand rare earths, which will help you know which companies to invest in based on what they’re targeting.

    For example, they are often divided into “heavy” and “light” categories based on atomic weight. Heavy rare earths are generally more sought after, but light REEs are important too.

    Rare earths can also be grouped together according to how they are used. Rare earth magnets include praseodymium, neodymium, samarium and dysprosium, while phosphor rare earths — those used in lighting — include europium, terbium and yttrium. Cerium, lanthanum and gadolinium are sometimes included in the phosphor category as well. For a detailed breakdown of rare earth uses, check out our guide.

    One aspect that is common to all the rare earths is that price information is not readily available — like other critical metals, rare earth materials are not traded on a public exchange. That said, some research firms do make pricing details available, usually for a fee, including Strategic Metals Invest, Fastmarkets and SMM.

    What factors affect supply and demand for rare earths?

    As mentioned, each REE has different pricing and supply and demand dynamics.

    However, there are definitely overarching supply and demand trends in the sector. Most notably, China accounts for the vast majority of the world’s supply of rare earth metals. As the world’s leading producer, the Asian nation accounted for roughly 70 percent of rare earths production in 2024, or 270,000 metric tons (MT), with the US coming in a very distant second at 45,000 MT. After the US, Myanmar is the third largest rare earths producer with total output of 31,000 MT last year. On top of that, China is also responsible for 90 percent of refined rare earths output.

    The strong Chinese monopoly on rare earths production has created problems in the sector in the past. For instance, prices in the global market spiked in 2010 and 2011 when the country imposed export quotas.

    The move sparked a boom in global rare earth metals exploration outside of China, but many companies that entered the space at that time fell off the radar when rare earths prices eventually sank again. Molycorp, once North America’s only producer of rare earths, is a notable example of how hard it is for companies to set up shop outside China. It filed for bankruptcy in 2015. But the story didn’t end there — MP Materials (NYSE:MP), the company that now owns Molycorp’s assets, went public in mid-2020 in a US$1.47 billion deal, and a year later was a US$6 billion company.

    MP Materials is now the western hemisphere’s largest rare earths miner, putting out high-purity separated neodymium and praseodymium oxide; a heavy rare earths concentrate; and lanthanum and cerium oxides and carbonates.

    Concerns about China’s dominance are ongoing as the US/China trade war continues and as supply chain stability grows in importance. The Asian nation has tightly controlled how much of its rare earths products make it into global markets through a quota system initiated in 2006.

    US President Donald Trump’s high tariffs targeting Chinese goods has resulted in China enacting further rare earth export restrictions. In April 2025, the Government of China placed strict export controls on samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium — all crucial for the production of electric vehicles, smartphones, fighter jets, missiles and satellites.

    Sharing a border with China, Myanmar is the source of at least 70 percent of its neighbor’s medium to heavy rare earths feedstock. With that in mind, it’s not surprising that a temporary halt in Myanmar’s production in late summer of 2023 sent rare earths prices to their highest level in 20 months, as per OilPrice.com.

    Myanmar’s rare earths production experienced further disruptions in late 2024 as the Kachin Independence Army seized two towns in Kachin state, near China’s Yunnan province, that are critical suppliers of rare earth oxides to China.

    Outside of China, one of the world’s leading rare earths producers is Australian company Lynas (ASX:LYC,OTC Pink:LYSCF), which sends mined material for refining and processing at its plant in Malaysia. In 2023, Japan Australia Rare Earths, a joint venture between the Japan Organization for Metals and Energy Security and Sojitz (TSE:2768), inked an agreement to invest AU$200 million in the production and supply of heavy rare earths from Lynas.

    This has allowed the mining company to expand its light rare earths production and begin production of heavy rare earths. Lynas brought its large-scale downstream Kalgoorlie rare earths processing facility online in November 2024. According to its H1 2025 fiscal year results, the company’s neodymium and praseodymium (NdPr) production volume increased by 22 percent.

    In the US, MP Materials is making good use of US$58.5 million awarded in April to support construction of the first fully integrated rare earth magnet manufacturing facility in the US. The funding is part of the Section 48C Advanced Energy Project tax credit granted by the Internal Revenue Service, Department of Treasury and Department of Energy.

    The Fort Worth, Texas, magnet facility began producing the NdFeB magnets crucial for EVs, wind turbines and defense systems at the start of 2025. First commercial deliveries are expected by the end of the year.

    Looking at demand, many analysts believe the need for rare earths is set to boom on accelerating growth from top end-use categories, including the electric vehicle market and other high-tech applications.

    As an example, demand for dysprosium, a key material in steel manufacturing and the production of lasers, has grown as countries increase their steel standards. Aside from that, rare earths have long been used in televisions and rechargeable batteries, two industries that accounted for much demand before the proliferation of new technologies. Other rare earth metals can be found in wind turbines, aluminum production, catalytic converters and many high-tech products.

    As can be seen, securing rare earths supply is an increasingly important issue. In addition to traditional rare earths mining, there has been growth in the rare earths recycling industry, which aims to recover REE raw materials from electronics and high-tech products in order to reuse them in new ways.

    Exploring and extracting rare earth materials from deep-sea mud is one of the newest recovery methods, although deep sea mining of mud and nodules comes with significant environmental concerns. However, it is gaining traction as more mining companies look offshore for resources and US President Trump pushes for fast tracking of deep-sea mining permits.

    How to invest in rare earth minerals

    Investors are increasingly wondering how they can invest in rare earth metals as demand ramps up and the US-China trade war has caused further concerns about rare earth supply chains. The possibility of higher rare earth prices in the coming years is one of the catalysts for investors wondering how they can invest in rare earths. As it’s not possible to buy physical rare earth metals, the most direct way to invest in the rare earth market is through mining and exploration companies.

    Investing in rare earth stocks

    While many rare earth minerals companies are located in China and are not publicly traded, there are a variety of rare earth companies listed on US, Canadian and Australian stock exchanges.

    Below is a selection of companies with rare earths assets or operations trading on the NYSE, NASDAQ, TSX and ASX; all had market caps of over $500 million as of April 22, 2025.

      Small-cap REE companies are also listed on those exchanges.

      Here’s a hefty list of junior rare earths stock and companies with rare earths projects. The rare earths stocks on this list had market caps between $5 million and $500 million as of April 22, 2025:

        To learn more about investing in rare earths, check out our stocks lists on the 9 Biggest Rare Earth Stocks in the US, Canada and Australia, Top Canadian Rare Earths Stocks, and the 5 Biggest ASX Rare Earth Stocks.

        Investing in rare earth ETFs

        Rare earth exchange-trade funds (ETFs) offer investors a diversified position in this market space, mitigating the risks of investing in specific companies.

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

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              This post appeared first on investingnews.com

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              Crypto Market Recap: Strategy Buys US$180 Million Worth of Bitcoin, GENIUS Act Stalls

              Investing 7 Mins Read

              Here’s a quick recap of the crypto landscape for Monday (May 5) 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$94,808.21 as markets wrapped for the day, down 1.2 percent in 24 hours. The day’s range has seen a low of US$93,704.12 and a high of US$94,838.85.

              Bitcoin performance, May 5, 2025.

              Chart via TradingView.

              Bitcoin’s price has been stuck in a range of US$93,000 to US$97,900 since late April, failing to break above the US$98,000 resistance level. Profit-taking volume above statistical norms suggests strong selling pressure despite a large portion of Bitcoin’s supply being in profit, creating potential for volatile price swings.

              Analysts are waiting to see if Bitcoin can break above US$95,000 and then US$98,000 to aim for higher prices, while failure could lead to a drop toward US$92,000 or even lower targets between US$85,000 and US$75,000. Positive exchange-traded fund inflows and the upcoming US Federal Reserve meeting could provide bullish catalysts.

              Ethereum (ETH) ended the day at US$1,824.90, a 0.7 percent decline over the past 24 hours. The cryptocurrency reached an intraday low of US$1,798.96 and saw a daily high of US$1,825.38.

              Altcoin price update

              • Solana (SOL) reached its peak at the end of the day, hitting a value of US$146.95, up 0.2 percent over 24 hours. SOL experienced a low of US$143.72.
              • XRP is trading at US$2.16, reflecting a 1.5 percent decrease over 24 hours and its highest point of the day. The cryptocurrency recorded an intraday low of US$2.11.
              • Sui (SUI) is priced at US$3.47, showing an increaseof 5.4 percent over the past 24 hours. It achieved a daily low of US$3.40 and a high of US$3.48.
              • Cardano (ADA) is trading at US$0.6716, down 3.3 percent over the past 24 hours. Its lowest price of the day was US$0.6566, and it reached a high of US$0.6717.

              Today’s crypto news to know

              Saylor’s Strategy buys US$180 million worth of Bitcoin

              Michael Saylor’s Strategy (NASDAQ:MSTR) has acquired another 1,895 BTC at an average price of US$95,167, bringing its total Bitcoin holdings to a staggering 555,450 BTC worth over US$38 billion.

              The latest US$180.3 million purchase, funded through proceeds from 2024 common and STRK at-the-market offerings, signals the firm’s unwavering commitment to a Bitcoin-centric treasury strategy.

              As of Sunday (May 4), Strategy’s average purchase price across all of its holdings stood at US$68,550 per coin, showing the company’s profitable long-term conviction. The market is watching closely as Strategy continues to be one of the largest institutional holders pushing Bitcoin as a macro asset.

              Australia’s path forward on crypto regulation

              The Australian Labor Party secured a landslide victory in Saturday’s (May 3) election, garnering 54.9 percent of the two-party-preferred vote compared to 45.1 percent for the coalition of the Liberal and National parties.

              While both major groups committed to cryptocurrency reform during their campaigns, the opposition specifically promised to release draft legislation within 100 days of the election.

              The burgeoning Australian cryptocurrency industry has been actively advocating for the government to prioritize the development and implementation of clear and supportive regulations. In a Monday statement, the government said a draft of digital asset legislation is slated to be released next month.

              Bipartisan concerns stall GENIUS Act

              A group of bipartisan lawmakers set back progress on the GENIUS Act on Saturday, issuing a joint statement regarding an updated version of the text released last week. This story was first reported by Politico.

              These lawmakers, who voted in March to advance the bill, have indicated they would not support the legislation if it proceeds through Congress in its current form, highlighting the contentious nature of the proposed legislation and the need for potential amendments to garner broader support in the Senate.

              The group is calling for “stronger provisions on anti-money laundering, foreign issuers, national security, preserving the safety and soundness of our financial system and accountability for those who don’t meet the act’s requirements.’

              “We must advance legislation that enshrines American leadership in the digital asset space and protects the US dollar for centuries to come. That time is now,’ Senator Bill Haggerty, one of the bill’s authors, posted on X.

              “We have a choice here. Move forward and make any remaining changes needed in a bipartisan way, or show that digital asset and crypto legislation remains a solely Republican issue.”

              The Senate is expected to begin considering the stablecoin bill in the coming days, with the first procedural vote anticipated as soon as next week. The bill needs support from at least seven Democrats to pass.

              Arizona governor vetoes Bitcoin Reserve bill, labels crypto ‘untested investment’

              In a decisive move against digital asset adoption at the state level, Arizona Governor Katie Hobbs vetoed a controversial bill that would have allowed the state to invest in Bitcoin using seized funds.

              Senate Bill 1025 narrowly passed state legislature and aimed to establish a crypto reserve managed by the state, a first-of-its-kind initiative in the US. However, Hobbs dismissed the proposal, saying Arizona’s retirement and treasury systems should avoid “untested investments like virtual currency,” and emphasizing fiscal conservatism and a cautious approach to emerging financial instruments, even as crypto assets gain traction globally.

              The veto effectively halts what could have been a landmark experiment in state-level Bitcoin adoption.

              Maldives courts crypto billions in bid to become a blockchain finance hub

              The Maldives, traditionally known for luxury tourism, is pivoting toward digital finance with a massive US$8.8 billion crypto investment deal led by MBS Global Investments, the family office of Sheikh Nayef bin Eid Al Thani.

              The deal, which dwarfs the island nation’s US$7 billion GDP, involves building a massive blockchain-focused financial hub spanning 830,000 square meters and employing up to 16,000 people.

              Maldives Finance Minister Moosa Zameer called the initiative crucial for economic diversification and a potential solution to mounting foreign debt obligations due over the next two years. Early financing commitments have already surpassed US$4 billion, with the remainder to be raised via equity and debt.

              The proposed Maldives International Financial Center would transform the country into a key player in the global digital asset space. If realized, it could mark the most aggressive national pivot to crypto infrastructure in the Global South.

              Binance to roll out crypto payments in Kyrgyzstan

              Binance has signed a landmark partnership with Kyrgyzstan’s National Agency for Investments, aiming to introduce crypto payments and blockchain education as part of a broader national tech initiative. Through a memorandum of understanding, Binance Pay will soon enable crypto transactions for local residents and tourists, while Binance Academy will collaborate with Kyrgyz financial regulators and institutions to build out educational infrastructure.

              The agreement was announced during Kyrgyzstan’s first Council for the Development of Digital Assets, with President Sadyr Japarov in attendance, highlighting high-level state support for crypto integration.

              Binance’s regional head, Kyrylo Khomiakov, stressed the importance of the partnership in shaping regulatory clarity and fostering innovation in the country. Kyrgyzstan also committed to launching a central bank digital currency, the “digital som,” after a law granting it legal tender status was signed on April 18.

              Tether teases launch of new AI platform

              After announcing it was developing a website for an artificial intelligence (AI) tool in December 2024, Tether is teasing the upcoming launch of Tether AI, a new platform designed to offer “personal infinite intelligence.’

              The platform, originally slated to launch by the end of Q1 2025, will be able to directly interact with and facilitate payments made using USDt and Bitcoin through a peer-to-peer network.

              It will not use API keys or depend on a single point of control. Instead, Tether AI will feature a fully open-source AI runtime operating on an intentionally resilient and censorship-resistant peer-to-peer network deeply integrated with Tether’s open-source Wallet Development Kit (WDK), which was released in November 2024. By leveraging the WDK, Tether aims to facilitate self-custodial (or non-custodial) management of USDt and Bitcoin.

              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.

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              This post appeared first on investingnews.com

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              Investing

              Riverside Resources and Questcorp Mining Execute Definitive Option Agreement for La Union Project, Sonora, Mexico

              Investing 7 Mins Read

              Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) (‘Riverside’ or the ‘Company’), is pleased to announce that further to its press release dated September 6, 2024, Riverside’s wholly-owned subsidiary, RRM Exploracion, S.A.P.I. DE C.V. (the ‘Vendor’) has entered into a definitive option agreement (the ‘Option Agreement’) with Questcorp Mining Inc. (‘Questcorp’) dated May 5, 2025, for the 2,520.2 hectare La Union carbonate replacement gold- polymetallic project (the ‘Project’ or ‘La Union’) located in Sonora, Mexico (the ‘Transaction’).

              ‘We are thrilled to finalize this agreement for the La Union Project, which is a strong asset in Riverside’s portfolio. Securing up to C$5,500,000 in exploration funding from Questcorp is an excellent step forward in advancing this larger Carbonate Replacement Deposit (‘CRD‘) project,’ said John-Mark Staude, CEO of Riverside Resources. ‘Riverside is pleased to have the updated NI 43-101 Technical Report completed and we see an active exploration program launching in the coming weeks with Riverside as the Operator of the exploration program. Riverside is expected to become a shareholder of Questcorp with an initial 9.9% equity interest, subject to final approval by the Canadian Securities Exchange or confirmation that such approval is not required. The first-year work program of C$1,000,000 in exploration expenditures will launch the first round of exploration at the project.’

              The La Union Project

              The Project is summarized on the Riverside website and is a project that Riverside acquired and further consolidated additional inlier mineral claims. The Project initially identified from Riverside’s work in the western Sonora gold belt through work with AngloGold Ashanti Limited, Centerra Gold Inc., and Hochshild Mining Plc, among others as partners and funding relationships for gold exploration. Initial work by members of the Riverside team, drawing on more than two decades of geological compilation and analysis, identified this region as highly prospective. At the Project, historical mining by the Penoles Mining Company focused on chimney and manto replacement bodies within the upper oxide zones. As a result, the underlying sulfide zones present immediate drill targets for further exploration.

              Riverside has spent the past five years consolidating this highly prospective land package, which totals over 22 square kilometers. The Project features favorable limestone host rocks, an extensive alteration footprint, and multiple small-scale historical workings, providing more than eight drill-ready target areas. Key immediate targets include the central Union Mine and the nearby Famosa Mine. With drive-up access, private ranch surface rights, and strong geologic similarities to other major CRDs in Arizona and eastern Mexico, La Union is well positioned for near-term exploration success targeting both oxide and deeper sulfide mineralization.

              The Option Agreement

              In accordance with the terms of the Transaction, Questcorp can acquire a one-hundred percent (100%) interest in the Project in consideration for completion of a series of cash payments totaling $100,000 CAD, making staged issuances of common shares of Questcorp totaling 19.9%, and incurring $5,500,000 CAD of exploration expenditures on the Project as outlined immediately below:

              Deadline Cash Payment Share Issuance Exploration Expenditures
              Within two (2) business days of the date of the Option Agreement $25,000 N/A N/A
              On the Effective Date(1) N/A 9.9%(2) N/A
              On or before the first anniversary of the Effective Date N/A 14.9%(2)(3) $1,000,000
              On or before the second anniversary of the Effective Date $25,000 19.9%(2)(3) $1,250,000
              On or before the third anniversary of the Effective Date $25,000 19.9%(2)(3) $1,500,000
              On or before the fourth anniversary of the Effective Date $25,000 19.9%(2)(3) $1,750,000
              Total $100,000 19.9%(2)(3) $5,500,000
              Notes:

              1. ‘Effective Date’ means the date on which Questcorp delivers to the Vendor a copy of the written approval of the Canadian Securities Exchange in respect of the transactions contemplated by the Option Agreement.
              2. Issuable within the fifth business day after the applicable date.
              3. Expressed as a cumulative total percentage of the undiluted issued and outstanding common shares of Questcorp as of the applicable payment date, and assuming Riverside has not previously disposed of any common shares.

               

              During the term of the Option Agreement, Riverside, through the Vendor, will remain the program operator for the Project using its local team based in Hermosillo, Sonora. Following exercise of the option under the Option Agreement, Questcorp will grant Riverside a two-and-one half percent (2.5%) net smelter return royalty on commercial production from the Project.

              Figure 1. Geologic map with the tenure of the Union internal concession shown in pink. Manto and chimney type CRD targets are shown as red polygons. Riverside now controls all mineral tenures on this map.

              To view an enhanced version of this graphic, please visit:
              https://images.newsfilecorp.com/files/6101/250896_df59d6431499eba6_002full.jpg

              Figure 2. Cross section looking west with proposed drill sites and drillhole traces. Assays from Riverside’s sampling of rock dump materials from the two mine areas are labeled in black. Red areas are interpreted as manto and chimney target bodies that are now well defined and drill ready. Assays shown on figures 1 and 2 have been previously released and disclosed as summarized below the geochemical QA/QC. 

              To view an enhanced version of this graphic, please visit:
              https://images.newsfilecorp.com/files/6101/250896_df59d6431499eba6_003full.jpg

              Qualified Person & QA/QC:

              The scientific and technical data contained in this news release pertaining to the Project was reviewed and approved by Freeman Smith, P.Geo, VP Exploration, a non-independent qualified person to Riverside Resources Inc., who is responsible for ensuring that the information provided in this news release is accurate and who acts as a ‘qualified person’ under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

              Rock samples from previous exploration programs discussed above at the Project were taken to the Bureau Veritas Laboratories in Hermosillo, Mexico for fire assaying for gold. The rejects remained with Bureau Veritas in Mexico while the pulps were transported to Bureau Veritas laboratory in Vancouver, BC, Canada for 45 element ICP/ES-MS analysis using 4-acid digestion methods. A QA/QC program was implemented as part of the sampling procedures for the exploration program. Standards were randomly inserted into the sample stream prior to being sent to the laboratory.

              About Riverside Resources Inc.:

              Riverside is a well-funded exploration company driven by value generation and discovery. The Company has over $4M in cash, no debt and less than 75M shares outstanding with a strong portfolio of gold-silver and copper assets and royalties in North America. Riverside has extensive experience and knowledge operating in Mexico and Canada and leverages its large database to generate a portfolio of prospective mineral properties. Riverside has properties available for option, with information available on the Company’s website at www.rivres.com.

              ON BEHALF OF Riverside Resources Inc.

              ‘John-Mark Staude’

              Dr. John-Mark Staude, President & CEO

              For additional information contact:

              John-Mark Staude
              President, CEO
              Riverside Resources Inc. 
              info@rivres.com
              Phone: (778) 327-6671
              Fax: (778) 327-6675
              Web: www.rivres.com              		 Eric Negraeff
              Corporate Communications
              Riverside Resources Inc.
              Eric@rivres.com
              Phone: (778) 327-6671
              TF: (877) RIV-RES1
              Web: www.rivres.com

               

              Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., ‘expect’,’ estimates’, ‘intends’, ‘anticipates’, ‘believes’, ‘plans’). Such information involves known and unknown risks — including the risk that the Transaction will not be completed as contemplates, or at all, availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

              Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

              To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250896

              News Provided by Newsfile via QuoteMedia

              This post appeared first on investingnews.com

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              Business

              Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

              Business 3 Mins Read

              Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced Monday.

              The price 3G Capital agreed to pay represents a 30% premium to Skechers’ current valuation on the public markets, which is in line with similar takeover deals. Shares of Skechers soared more than 25% after the transaction was announced.

              “With a proven track-record, Skechers is entering its next chapter in partnership with the global investment firm 3G Capital,” Skechers’ CEO, Robert Greenberg, said in a news release.

              “Given their remarkable history of facilitating the success of some of the most iconic global consumer businesses, we believe this partnership will support our talented team as they execute their expertise to meet the needs of our consumers and customers while enabling the Company’s long-term growth,” he said.

              The transaction comes at a difficult time for the retail industry and in particular, the footwear sector, which relies on discretionary spending and overseas supply chains that are now in the crosshairs of President Donald Trump’s trade war. 

              Last week Skechers signed onto a letter penned by the Footwear Distributors and Retailers of America trade group asking for an exemption from Trump’s tariffs.

              And, a little over a week ago, Skechers withdrew its full-year 2025 guidance “due to macroeconomic uncertainty stemming from global trade policies” as companies brace for a drop in consumer spending that will disproportionately impact the footwear and apparel sectors. 

              Skechers declined to say how much of its supply chain is based in China, which is currently facing 145% tariffs, but cautioned that two-thirds of its business is outside of the U.S. and therefore won’t see as much of an impact. 

              A source close to the deal who spoke on the condition of anonymity to discuss nonpublic details said the trade environment didn’t force Skechers into a deal and that 3G Capital had been interested in acquiring the company for years.

              Tariffs do present some uncertainty in the short term, but 3G Capital believes the long-term outlook of Skechers’ business remains attractive and is well positioned for growth, the person said.

              Skechers is the third-largest footwear company in the world behind Nike and Adidas.

              Greenberg will stay on as Skechers’ CEO and continue enacting the company’s strategy after the acquisition is completed.

              This post appeared first on NBC NEWS

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              Rite Aid files for second bankruptcy in two years

              Business 2 Mins Read

              U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court filing.

              Pharmacy chains, such as Rite Aid, Walgreens and CVS, have been under pressure as falling drug margins and competition from Walmart and Amazon have led to a closure of hundreds of stores.

              Walgreens, facing significant losses, recently agreed to a $10 billion buyout by private equity firm Sycamore Partners — a dramatic decline from its $100 billion valuation a decade ago, underscoring the severe challenges facing traditional pharmacy retailers.

              Rite Aid used its previous bankruptcy in 2023 to cut $2 billion in debt, close hundreds of stores, sell its pharmacy benefit company, Elixir, and negotiate settlements with its lenders, drug distribution partner McKesson and other creditors.

              The previous bankruptcy also resolved hundreds of lawsuits alleging that Rite Aid ignored red flags when filling suspicious prescriptions for addictive opioid pain drugs.

              But despite those settlements, Rite Aid still had $2.5 billion in debt when it emerged from bankruptcy as a private company owned by its lenders in 2024.

              According to Monday’s court filing, the company has estimated assets and liabilities in the range of $1 billion to $10 billion.

              The company was unable to secure additional capital from lenders, which it needed to continue operating the business, Bloomberg News reported earlier in the day, citing an internal letter from CEO Matthew Schroeder to the company’s employees.

              The letter also states that the drug store chain intends to reduce its workforce at its corporate offices in Pennsylvania.

              Rite Aid operated about 2,000 pharmacies in 2023 but now has only 1,250 stores across the U.S., with recent closures significantly reducing its presence in markets such as Ohio and Michigan.

              This post appeared first on NBC NEWS

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              White Cliff Minerals Limited (ASX: WCN) – Trading Halt

              Investing 1 Min Read

              Description

              The securities of White Cliff Minerals Limited (‘WCN’) will be placed in trading halt at the request of WCN, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 7 May 2025 or when the announcement is released to the market.

              Issued by

              ASX Compliance

              Click here for the full ASX Release

              This post appeared first on investingnews.com

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              Hazer and KBR Enter Global Deal to Accelerate Licensing and Commerciali

              Investing 5 Mins Read

              Hazer Group Ltd (‘Hazer’ or ‘the Company’) (ASX: HZR) is pleased to announce it has entered into a binding Alliance Agreement (the “Alliance”) with Kellogg Brown and Root LLC (NYSE: KBR, “KBR”) a global leader in technology and engineering solutions, for the commercial deployment and licensing of Hazer’s proprietary methane pyrolysis technology.

              Highlights

              • Binding strategic alliance with KBR (NYSE: KBR), a world-leading engineering group and global technology licensor set to supercharge Hazer’s commercialisation strategy
              • Hazer is KBR’s exclusive partner for marketing and licensing of methane pyrolysis technology
              • Clear revenue visibility targeting multiple license deals within 6 years, materially derisking Hazer’s business plan
              • Capital-lite licensing model maintained; KBR A$3million work program contribution preserves Hazer’s robust funding position
              • Strengthens Hazer’s market penetration into high-growth market segments of ammonia and methanol, and regions including North America and Middle East
              • CEO Glenn Corrie and other members of the management team will be hosting a webinar on Wednesday, 07 May 2025 at 09:00am (AWST) / 11:00am (AEST). Details provided below

              KBR – A Global Leader in Technology Licensing

              KBR is a world-renowned engineering and technology company delivering engineering and cutting-edge technology licensing solutions to companies and governments across energy, chemicals, infrastructure and defence. KBR has licensed over 260 grassroots ammonia plants since 1943. Over 50% of the world’s ammonia is produced using KBR’s ammonia process.

              KBR also brings a strong track record in commercialising breakthrough industrial technologies. Notable partnerships include ExxonMobil for next-generation catalyst development, and Mura Technology (including a US$100 million strategic investment) to scale its proprietary plastic recycling solution world-wide.

              Under the Alliance, KBR will be Hazer’s exclusive global partner for the marketing, licensing and deployment of Hazer technology to customers in the ammonia and methanol markets. KBR and Hazer will also work closely to pursue licensing opportunities in decarbonizing hydrogen markets beyond these exclusive markets.

              KBR’s President Sustainable Technology Solutions, Jay Ibrahim, said:“KBR’s proven global expertise in deploying sustainable technology solutions complements Hazer’s leading methane pyrolysis technology, making us ideal partners. Our market assessment and due diligence have highlighted Hazer’s potential to decarbonize the global ammonia and methanol sectors. We are excited to partner with Hazer to provide a compelling low- carbon hydrogen production solution to meet growing global demand.’

              Hazer’s CEO and Managing Director, Glenn Corrie, said:“We are excited to be joining forces with KBR to commercialise Hazer’s world-leading clean hydrogen technology on the global stage. This is a transformational transaction for Hazer coming at a critical time when the world urgently needs affordable, low-emissions hydrogen to decarbonise legacy hard-to-abate industries. Building on the momentum of our successful Commercial Demonstration Plant and technology test program, which laid the foundations of commercialisation last year, this partnership represents a strong endorsement and the next logical step in delivering on our strategic roadmap and unlocking long-term value for shareholders.

              KBR has the scale, capability and reputation to help accelerate the deployment of Hazer’s technology at industrial scale. We see immediate potential in the ammonia and methanol sectors – industries with significant CO2 footprints and strong demand for clean alternatives. KBR’s market leadership, global reach and execution strength make them an ideal partner to bring our vision to life.”

              Strategic Alliance to Commercialise Hazer’s Leading Methane Pyrolysis Technology

              Under the Alliance, Hazer and KBR will collaborate on the up-scaling, marketing and licensing of the Hazer technology for commercial deployment.

              Under the terms of the agreement, KBR will be Hazer’s exclusive licensing partner for the ammonia and methanol markets while working closely in other hydrogen sectors. The initial term of the Alliance is six (6) years with an option to extend subject to the achievement of performance metrics. The parties have agreed to collaborate on the development of a design package for Hazer facilities targeting hydrogen capacities of 50,000+ tonne per annum as well as the global sales, marketing and licensing of Hazer’s technology. Hazer will be KBR’s exclusive methane pyrolysis technology provider.

              The total cost of the Alliance work program is anticipated to be in the range A$3.0-5.0 million of which KBR will contribute approximately A$3.0 million over the work program period. The Alliance is underpinned by performance objectives with a target of securing multiple firm licensing opportunities during the initial term.

              In respect of royalty and licensing fee sharing, the Company will keep the market informed as license arrangements are signed. Hazer’s pre-existing portfolio and opportunity pipeline is not subject to the terms of the Alliance. An incentive structure applies in the event KBR secures a license for the first commercial unit secured within three years. There is no financial impact at this stage as no client agreements are in place.

              In other terms, the agreement can terminate if licensing performance metrics are not met. Hazer retains full ownership of its existing intellectual property. The agreement otherwise contains terms customary for an arrangement of this kind.

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