From Factory Robots to Humanoids, the Robot revolution is coming and Fanuc Corp is in the thick of it!

 

Why Fanuc (FANUY) Dominates in Factory Robotics?

Fanuc Corporation (Ticker: FANUY) is a global leader in industrial automation and factory robotics, with a strong, worldwide presence in robotics, CNC systems, and factory automation. Here’s why it dominates:

---

1. Market Leadership in Industrial Robotics

• Largest supplier of industrial robots globally (alongside ABB and KUKA).
• Over 750,000 robots installed worldwide.
• Strong presence in automotive, electronics, and manufacturing industries.

---

2. Highly Reliable and Scalable Robotics

• Fanuc robots are known for their durability, precision, and reliability.
• Provides robotic arms, assembly robots, welding robots, and painting robots for high-precision manufacturing.
• Used by Tesla, Ford, General Motors, Toyota, and other major automakers.

---

3. Strength in CNC Systems and Automation

• Dominates the CNC (Computer Numerical Control) machine market, which is key for precision manufacturing.
• CNC systems power over 50% of the world’s machine tools, making Fanuc a crucial supplier for advanced factories.

---

4. Full Automation Solutions (Lights-Out Manufacturing)

• Fanuc enables fully automated factories, including "lights-out" manufacturing, where factories run with zero human intervention.
• Example: Fanuc’s own factories are almost fully automated, producing robots with robots.

---

5. Strong Global Presence & Manufacturing Capacity

• HQ: Japan, but has factories and offices worldwide, including the U.S., Europe, and China.
• Major production facilities in Japan and China allow for cost-effective manufacturing and rapid deployment.

---

6. Competitive Moat & Long-Term Customer Base

• High switching costs: Once a manufacturer integrates Fanuc’s robots into their workflow, switching to a competitor is expensive and time-consuming.
• Long-term contracts: Automakers, semiconductor fabs, and consumer electronics firms rely on Fanuc robots.

---

7. Financial Strength & Profitability

• Debt-free with a strong balance sheet.
• High profit margins due to low-cost production and high-value automation systems.
• Consistent revenue from maintenance, software, and spare parts.

---

8. Expanding into AI and Humanoid Robotics

• While Fanuc is dominant in industrial robotics, it is also investing in AI-driven automation and collaborative robots (cobots).
• Possible future entry into humanoid robotics, leveraging its manufacturing expertise.

---

Why we might Invest in FANUY? (currently on our watch list)

✔ Global leader in industrial automation & robotics.
✔ Financially strong with high margins & no debt.
✔ Long-term growth as automation demand rises.
✔ AI and factory automation are future megatrends.

---

​Fanuc Corporation (Ticker: FANUY) is a global leader in industrial automation and robotics, renowned for its dominance in factory robotics. This report provides an in-depth analysis of Fanuc's financial performance, growth projections, market presence, cash position, and partnerships.​

---

Financial Performance

For the fiscal year ending March 31, 2024, Fanuc reported the following consolidated financial results:​

• Net Sales: ¥795.3 billion, a decrease of 6.7% from the previous fiscal year.​fanuc.co.jp
• Operating Income: ¥141.9 billion, down 25.8% year-over-year.​
• Ordinary Income: ¥181.8 billion, a decline of 21.4%.​fanuc.co.jp
• Net Income Attributable to Owners of Parent: ¥133.2 billion, a decrease of 21.9%.​fanuc.co.jp

These figures indicate a contraction in both revenue and profitability compared to the prior year. ​fanuc.co.jp

---

Future Growth Projections

Despite recent declines, Fanuc is poised for future growth:​

• Revenue Growth: Analysts forecast a compound annual growth rate (CAGR) of 4.4% in revenue, reaching approximately ¥849.6 billion by fiscal year 2026.​simplywall.st+1fanuc.co.jp+1
• Earnings Growth: Earnings per share (EPS) are expected to grow at a CAGR of 8.3% over the same period.​
• Return on Equity (ROE): Projected to increase to about 25% by 2026, up from 19.3% in 2021, indicating enhanced profitability and efficient capital utilization. ​morningstar.com

---

Markets and Countries Served

Fanuc's global sales distribution for FY2024 is as follows:​

• Japan: ¥105.1 billion
  
  
  ​
• Americas: ¥227.3 billion
  
  
  ​
• Europe: ¥168.5 billion​fanuc.co.jp
  
  
  
• Asia (excluding Japan): ¥284.1 billion
  
  
  ​
• Other Regions: ¥10.2 billion​

The company maintains a strong presence across major industrial regions, with significant operations in Japan, the Americas, Europe, and Asia. ​fanuc.co.jp

---

Cash Position

Fanuc's financial stability is underscored by its robust cash position:​

• Total Assets: ¥1,926.0 billion​fanuc.co.jp+1uk.marketscreener.com+1
• Net Assets: ¥1,719.2 billion​fanuc.co.jp
• Equity Ratio: 88.6%, reflecting a strong balance sheet with minimal debt.​

The company continues to generate substantial free cash flow, supporting ongoing investments and shareholder returns. ​

---

Partnerships

Fanuc has established strategic partnerships to enhance its technological capabilities and market reach:​

• General Electric (GE): Collaborated to produce onboard electronics for the M1A2 Abrams tank. ​wired.com
• Raytheon: Fanuc robots are utilized in missile production at Raytheon's Arizona facility. ​wired.com
• UK Defense Industry: Assisted the United Kingdom in creating an efficient production process for 155-mm artillery shells. ​wired.com

These collaborations underscore Fanuc's integral role in both civilian and defense manufacturing sectors.​wired.com

---

Conclusion

Fanuc Corporation's leadership in industrial automation is supported by its solid financial foundation, strategic global presence, and key partnerships. While recent financial results indicate challenges, the company's proactive strategies and market positioning suggest potential for sustained growth in the evolving automation industry.

Ed Note:

We currently have no shares of Fanuc but have placed it on our watch list for now!

Self Driving Vehicles, IOT, Ai, Space Technology. Hiding behind the curtain of these cutting edge technologies is Swiss multi national, STMicroelectronics (STM)

 STMicroelectronics (STM) Investment & Business Report

Company Overview

• Ticker: STM (NYSE, Euronext Paris, Borsa Italiana)

• Headquarters: Geneva, Switzerland

• Founded: 1987 (Merger of SGS Microelettronica and Thomson Semiconducteurs)

• Industry: Semiconductors

• Market Cap: ~$40 billion (as of recent data)

• Key Customers: Tesla, Mobileye, Apple, NVIDIA, Qualcomm, Bosch, Continental, SpaceX

---

Financial Overview

• Revenue (2023): $13.27 billion (23.2% YoY decline)

• Gross Margin: 39.3% (down from 47.9% in 2022)

• Operating Income: $1.68 billion (Operating Margin: 12.6%)

• Net Income: $1.56 billion (63% YoY decline)

• Cash Position: $3.16 billion net cash as of December 31, 2023

• Capital Expenditures (2023): $2.53 billion

• Free Cash Flow: $288 million

STM has revised its long-term revenue goal from 2027 to 2030, aiming to exceed $20 billion in annual revenue, reflecting industry-wide challenges in semiconductor demand.

---

Manufacturing Facilities & Expansion Plans

• Current Plants: Italy, France, Malta, Singapore, China

• Expansion:

  • New Silicon Carbide (SiC) facility in Italy for EV and self-driving tech

  • 300mm wafer production expansion in France

  • China Partnership: STM is collaborating with Hua Hong to ramp up MCU production for automotive customers, particularly in EVs and autonomous systems (Expected 2025)

---

Technological Leadership & Business Segments

1. Self-Driving Car Technology & Automotive Leadership

STM is a critical supplier of chips and sensors for autonomous vehicle technology, providing microcontrollers (MCUs), power electronics, AI processors, and sensor fusion technology.

Key Self-Driving Partnerships:

• Tesla: Supplier of MCUs, power electronics, and SiC chips for Tesla’s self-driving EVs.

• Mobileye (Intel): STM provides AI-enhanced camera sensors for Mobileye’s ADAS and self-driving systems.

• NVIDIA: Collaborates on low-power AI processing chips for autonomous vehicles.

• Geely & Volvo: Supplies ADAS and powertrain chips for Chinese and European autonomous vehicle projects.

• XPeng & BYD: Provides LiDAR signal processing chips for leading Chinese EV makers.

Silicon Carbide (SiC) Leadership in EVs & Autonomous Cars:

• STM is a top 3 global supplier of SiC power electronics, used to enhance battery efficiency and range in EVs.

• SiC chips are essential for self-driving fleets, robotaxis, and AI-driven vehicle computing.

R&D Investments in Self-Driving Tech:

• AI-powered microcontrollers with real-time neural network processing

• Next-gen LiDAR and radar signal processing chips

• Edge AI processors for in-vehicle computing

• SiC-based power solutions for energy-efficient autonomous platforms

2. Internet of Things (IoT) & Edge Computing

• Broad portfolio of MCUs, MEMS sensors, and connectivity chips for IoT applications.

• STM’s chips are integrated into smart home devices, industrial automation, healthcare, and wearables.

3. Space Business & Aerospace Applications

• STM provides radiation-hardened semiconductors for satellites and spacecraft.

• Partnerships with SpaceX and European space agencies ensure a growing presence in the space sector.

---

Competitive Positioning

STM faces competition from Infineon, NVIDIA, and ON Semiconductor, but differentiates itself through: ✅ Leadership in automotive microcontrollers & SiC chips ✅ Strong AI and sensor fusion R&D investments ✅ Expanding partnerships with Tesla, Mobileye, and top Chinese EV makers ✅ Diverse applications in space, IoT, and AI-driven computing

---

Investment Outlook & Growth Potential

• Self-Driving Boom: Autonomous vehicle sales expected to surpass $2 trillion by 2040.

• Silicon Carbide Market Growth: Projected to hit $10 billion+ by 2030—STM is a major player.

• AI-Enabled Vehicles: STM’s AI-enhanced MCUs and Edge AI processors position it for long-term success.

• Expansion in China & U.S.: Ongoing investment in next-gen automotive and industrial chips.

Key Risks: ⚠ Tesla’s in-house chip strategy may reduce reliance on STM in the long term. ⚠ Competition from NVIDIA and Infineon in high-performance ADAS chips. ⚠ Cyclical semiconductor demand could cause revenue fluctuations.

---

Final Verdict: A Key Player in the Future of Self-Driving & AI

STM is a leading semiconductor supplier for the self-driving and EV revolution, with strong positioning in ADAS, power electronics, and AI-driven automotive chips. Despite short-term revenue challenges, its SiC leadership, Tesla partnership, and investments in AI microcontrollers make it a high-potential long-term investment in the autonomous vehicle market.

ED Note:

For now, we are placing STM on our watch list as it's share price has been slipping recently due to some market turbulence and some financial re-adjustments.  We will look to take a position as these conditions improve in 2025 and beyond. 

Reasons why:  STMicroelectronics (STM) has recently adjusted its financial projections due to ongoing challenges in the semiconductor industry, particularly in the automotive and industrial sectors. The company now aims to achieve annual revenues exceeding $20 billion by 2030, a target previously set for 2027. An intermediate goal has been established, with revenues expected to reach approximately $18 billion and an operating margin between 22% and 24% in the 2027-2028 timeframe.

newsroom.st.com

In the self-driving technology domain, STM continues to innovate, focusing on advanced microcontrollers (MCUs) and silicon carbide (SiC) power devices. The company has expanded its automotive MCU roadmap to support next-generation vehicles, emphasizing reduced complexity, improved efficiency, and enhanced safety and security standards.

blog.st.com

Additionally, STM has introduced its fourth generation of SiC MOSFETs, which offer higher efficiency and are critical for electric vehicles (EVs) and autonomous driving applications.

newsroom.st.com

Despite these advancements, STM has faced a downturn in demand from automotive clients, leading to a downward revision of its 2024 revenue forecast to $13.27 billion, marking a 23% decrease from the previous year. This adjustment reflects the broader challenges in the automotive semiconductor market, including high inventory levels and fluctuating demand.

reuters.com

In summary, while STM is actively developing technologies to support the self-driving car industry, it is also navigating significant market challenges that have impacted its financial outlook.

Robots and Automation - From factory bots to Robo Taxis and Humanoids. Who are the leading companies?

The worldwide reach of CSIQ, and it's subsidiaries, global leaders in renewable energy solutions!

 

Business and Investment Report: Canadian Solar Inc.

Canadian Solar Inc. (NASDAQ: CSIQ) is a global leader in renewable energy solutions headquartered in Guelph, Ontario, Canada. Since its founding in 2001, the company has expanded its operations across multiple regions, establishing subsidiaries and forming key partnerships to strengthen its position in the solar and renewable energy markets.

---

Key Subsidiaries and Their Contributions to Technology

1. Recurrent Energy

   
   
   

   • Focus: Development, ownership, and operation of utility-scale solar and energy storage projects.

   • Technology Contribution: Recurrent Energy brings robust expertise in project development, advanced solar power plant construction, and energy storage capabilities, primarily focusing on North American markets.

2. CSI Solar Co., Ltd.

   
   
   

   • Focus: Manufacturing of solar photovoltaic modules and energy storage solutions.

   • Technology Contribution: CSI Solar is central to Canadian Solar’s integrated operations, providing cutting-edge solar panels and lithium-ion battery storage systems.

3. e-STORAGE                                    E-Storage Arizona

   
   
   

   • Focus: Utility-scale battery energy storage solutions.

   • Technology Contribution: The subsidiary’s planned 3-GWh manufacturing plant in Shelbyville, Kentucky, will produce lithium-iron phosphate batteries, enhancing the company’s battery storage offerings for non-residential and grid-scale applications.

4. SolBank (Chinese Subsidiary)

   
   
   

   • Focus: Production and distribution of battery storage systems.

   • Operations: SolBank’s technology focuses on grid-scale energy storage solutions, critical for renewable energy integration.

   • Recent Contract: SolBank recently secured a contract with the Province of Nova Scotia to supply large-scale batteries for grid stabilization, a significant step in Canadian Solar’s efforts to expand its presence in the energy storage market.

---

Canadian Solar Inc. (CSIQ) and its subsidiaries have secured several significant contracts across various regions, underscoring their global presence in the renewable energy sector.

1. United Kingdom

• Coalburn 1 Project: In December 2023, e-STORAGE, a division of CSI Solar Co., Ltd., was awarded a contract by Copenhagen Infrastructure Partners Flagship Funds to supply and integrate 500 MW / 1,170 MWh DC of energy storage solutions for the Coalburn 1 Project in Scotland. This project is set to become the largest battery storage facility in the UK, with installation scheduled for the first quarter of 2025.
  Canadian Solar Investors

2. United States

• EDF Renewables North America: In August 2023, Canadian Solar signed a multi-year module supply agreement to deliver up to 7 GW of high-efficiency N-type TOPCon solar modules to EDF Renewables' U.S. project pipeline between 2024 and 2030. These modules will be produced at    Canadian Solar's new factory in Mesquite Texas

• 
  
  

• RE+ Trade Show Contracts: During the 2023 RE+ show in Las Vegas, Canadian Solar finalized approximately 4 GWp of solar module contracts. These orders are expected to be fulfilled by the upcoming Texas factory and the expanded Thailand module factory.

  PR Newswire

3. Chile

• BESS Project: In October 2024, CSI Solar Co., Ltd., through its e-STORAGE division, secured a turnkey Engineering, Procurement, and Construction contract to supply a 98 MW / 312 MWh DC Battery Energy Storage System (BESS) in Chile. This project marks Canadian Solar's first BESS contract in the country.
  Yahoo Finance

4. South Africa

• SOLA Group Partnership: In December 2022, CSI Solar signed a 256 MW solar module contract with SOLA Group to supply the first two largest utility-scale solar power projects in South Africa based on private power purchase agreements. The projects, located in the North West Province, are expected to generate approximately 580 GWh of clean energy annually.
  Canadian Solar Investors

These contracts highlight Canadian Solar's strategic expansion and its commitment to delivering renewable energy solutions worldwide.

Recent Announcements and Contracts

• Texas Contracts:

  • On December 12, 2024, Canadian Solar announced new agreements to supply its advanced solar technology and energy storage solutions in Texas. These contracts reinforce the company’s commitment to supporting renewable energy adoption in one of the United States' most dynamic energy markets. 

  • It has executed three significant agreements with Sunraycer Renewables LLC ("Sunraycer"), an Annapolis, Maryland-based renewable energy platform. 

  • These include battery energy storage supply and commissioning agreements for two projects in Texas, as well as the purchase of up to 2 GWp of high-efficiency solar modules for various Sunraycer projects.

Financial Overview

• Stock Price: As of December 12, 2024, Canadian Solar’s stock price is $12.38 USD.

• Q3 2024 Performance:

  • Revenue: $1.5 billion (8% decrease quarter-over-quarter; 18% decline year-over-year).

  • Gross Margin: 16.4%.

  • Net Loss: $14 million, or $0.31 per diluted share.

---

Growth Prospects and Technological Investments

• Canadian Solar boasts a 26 GWp solar project development pipeline and a 66 GWh energy storage pipeline, signaling significant growth potential.

• The company’s focus on research and development ensures it remains at the forefront of solar and battery technologies.

• Its integrated operations, spanning manufacturing to large-scale project deployment, position Canadian Solar as a vital player in the global energy transition.

---

Conclusion

Canadian Solar Inc. continues to strengthen its market position through strategic subsidiaries, innovative technologies, and impactful contracts. With recent agreements, contracts and projects in Chile, Thailand, Maryland, Nova Scotia and Texas, the company’s ability to deliver tailored renewable energy solutions is evident. 

As demand for clean energy grows, CSIQ is well-positioned to capitalize on global opportunities

Related Articles:

As super data centers begin to proliferate and the nuclear option is discussed more and more, Cameco Corp's Uranium will be a vital resource and a crucial component of energy futures 

Graphene 3D Lab Announces Distribution/Manufacturing Partnership with Polymaker

Today June 29th 2015

TSX-V: GGG, OTCQB: GPHBF
Graphene 3D Lab Inc. (TSX-V: GGG, OTCQB: GPHBF) ("Graphene 3D") is pleased to announce a distribution and manufacturing partnership with Polymaker.

Under the terms of the agreement, Polymaker (www.polymaker.com) will distribute all Graphene 3D manufactured specialty and functional filaments and provide filament manufacturing services on an as required basis. Polymaker's manufacturing operation is located in Suzhou, China, and the company operates sales and distribution offices in Shanghai, China, New York, USA, Utrecht, Netherlands, and Tokyo, Japan.

Graphene 3D's on-line filament store, www.blackmagic3d.com, will carry unique Polymaker filaments, including PolyMax(TM) PLA, PolyFlex(TM), and PolyWood(TM). Both companies plan to start offering each other's products on their respective on-line stores in July. The agreement also includes provisions for Graphene 3D and Polymaker to collaborate on the development of an expanded line of graphene filaments. 

Graphene 3D CEO Dr. Daniel Stolyarov commented, "This partnership with Polymaker is an important step for Graphene 3D on several fronts; Polymaker's distribution network will expose our filaments to customers outside of North America, and our contract manufacturing agreement provides us with a high quality manufacturing alternative to supplement our in-house extrusion facility. Polymaker's existing specialty filament products also align well with our functional filaments, and we look forward to including them with our offerings."

"Polymaker's customers tend to push the boundaries of 3D printing and are always looking for the

next innovation to use in their 3D printing projects. The Graphene 3D functional filaments are a natural complement for our customers and for our existing filaments," added Polymaker President, Dr. Xiaofan Luo.

About Graphene 3D
Graphene 3D Lab is in the business of developing, manufacturing, and marketing proprietary graphene-based nanocomposite materials for various types of 3D printing, including fused filament fabrication. The Company is also involved in the design, manufacture, and marketing of 3D printers and related products for domestic and international customers. The Graphene 3D Lab facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has four US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com.

About Polymaker
Polymaker is a company committed to innovation, quality and sustainability, in the pursuit of producing high-quality materials for the 3D printing industry. Headquartered in Shanghai, China, Polymaker now has global offices in the USA, Netherlands and Japan. With their state-of-the-art manufacturing centre and market leading quality control processes, Polymaker's filaments are not only ensured to have the best quality standards but also provide innovative properties. Whether it is with their increased mechanical strength, unparalleled Jam-FreeTM printing or world's first, 3D printable foam based filament, Polymaker will continue to bring new performance enhanced materials to the 3D printing community.

FORWARD LOOKING INFORMATION
This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information in this news release includes statements about collaboration and material sales between Graphene 3D Lab and Polymaker.
In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, regarding, among other things, purchases to be made by Polymaker for Graphene 3D materials and collaboration to take place between Graphene 3D and Polymaker. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: incompatibility of the technologies owned by Graphene 3D and Polymaker; either party, for any reason, choosing not to move forward in joint collaboration or sales of materials.
A more complete discussion of the risks and uncertainties facing the Company is disclosed in the Company's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


SOURCE: Graphene 3D Lab Inc.

Commercial Inquiries: Daniel Stolyarov, President & Chief Executive Officer,
Telephone: (631) 405-5116, Email: daniel.stolyarov@graphene3dlab.com; Investor
Inquiries: Investor Relations, Telephone (631) 405-5114, Email:
investors@graphene3dlab.com; Media Inquiries: Kristie Galvani, Rubenstein Public
Relations, Telephone: (212) 843-9205, Email: KGalvani@rubensteinpr.com

TNR Gold Shareholders will finally get to cash in on Giant Los Azules Copper Project.

TNR Gold Corp. and McEwen Mining Inc. Agree to Convert

TNR’s Back in Right to a NSR on the Los Azules Copper Project, Argentina

Vancouver, B.C. October 17, 2014, TNR Gold Corp. (the "Company" or “TNR) (TSX VENTURE:TNR.V ) announces that it has entered into a transfer agreement (the “Transfer Agreement”) with McEwen Mining Inc. (NYSE:MUX, TSX:MUX) ("McEwen") pursuant to which the Company will convert all of rights and interests (the “E&O Agreement Rights”)  under a Cordon de Los Azules Exploration and Option Agreement dated effective as of May 15, 2004, as amended April 26, 2005 and November 8, 2012, including its 25% back-in right (the “Back-In Right”) in the northern portion of the Los Azules Copper Project (the “Project”) in San Juan Province, Argentina.  The Back-In Right is exercisable following the completion of a feasibility study and if the Company elected to back-in for 5% or less or had its interest diluted to 5% or less, TNR would receive a net smelter royalty of 0.6% from the northern portion of the Project (see TNR News Release November 12, 2012).

In exchange for TNR converting the E&O Agreement Rights, McEwen will:
 (1) cause its  wholly owned Argentinian subsidiary, Andes Corporacion  Minera S.A. (“Andes”) to enter into a net smelter royalty agreement with Compania Minera Solitario Argentina S.A.  (“Solitario”), an Argentinian company controlled by TNR,  pursuant to which Andes will pay Solitario a 0.4% net smelter returns royalty (“NSR”) in respect of the entire Project;

(2) issue TNR 850,000 common shares; and

(3) pay TNR 1% of any purchase price paid to and received by McEwen in respect of any sale, assignment of transfer of all of its interest in the Project, to a party other than to an affiliate of McEwen, on or before the third anniversary of the Transfer Agreement.

The Company believes converting the E&O Agreement Rights are in the best interest of its shareholders because it clarifies the ambiguity surrounding the details of the Back-In Right and the conditions under which the Back-In Right can be exercised.

Gary Schellenberg, President and CEO of TNR commented, “We have noted significant confusion in some of our shareholders regarding the particulars of the Back-In Right. It is the goal of TNR, through its lead generator business model, to advance toward the royalty ownership model as our projects, identified at an early stage of exploration, are advanced toward development by joint venture partners. This latest agreement with McEwen now completes the process for the Los Azules Project.”

 “We are very pleased to reach this agreement with McEwen. I would like to thank Rob McEwen personally for his efforts to work with us to find an amenable solution to simplify the Back-In Right at Los Azules. I am confident this transaction will facilitate the advancement of the Los Azules Project. Los Azules is a unique, long-life, copper mining opportunity in Argentina. Recent acquisitions which include the Las Bambas copper mining project in Peru acquired by Minmetals Group from China and the Taca Taca copper deposit in Argentina acquired by First Quantum Minerals Ltd. confirm there is significant value to be realized for projects in this region. TNR Gold now carries an industry standard NSR on the entire Los Azules project which also allows McEwen Mining to facilitate further strategic transactions with this Project and I believe the shareholders of TNR will benefit as the Project advances through the feasibility stages,” commented Mr. Kirill Klip, Non-Executive Chairman of TNR.

ABOUT LOS AZULES

The Los Azules copper deposit is located in the San Juan province of Argentina. McEwen is the current operator on the Los Azules copper deposit and the Company has previously advised that on May 15, March 28, and March 13, 2013, McEwen Mining Inc. issued press releases in relation to the deposit, which are accessible on SEDAR at http://www.sedar.com and on McEwen Mining Inc.’s website at http://mcewenmining.com.
McEwen's press releases appear to be prepared by Qualified Persons and the procedures, methodology and key assumptions disclosed therein are those adopted and consistently applied in the mining industry, but no Qualified Person engaged by TNR has done sufficient work to analyze, interpret, classify or verify McEwen's information to determine the current mineral reserve or resource or other information referred to in their press releases. Accordingly, the reader is cautioned in placing any reliance on the disclosures therein.

ABOUT TNR GOLD Corp.  (www.tnrgoldcorp.com)

Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe. With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.

TNR recently reported an inferred mineral resource at the Shotgun Gold project in Alaska containing 20,734,313 tonnes at 1.06 grams per tonne (“g/t”) gold for a total of 705,960 ounces gold (“Au”) using a 0.5 g/t Au cut-off (see news release dated 22 April 2013).

TNR is also a major shareholder of International Lithium Corp. (TSX:ILC.V) (“ILC”), a company created by TNR to advance its internationally acquired lithium prospects. TNR currently holds about 25.5% of the outstanding shares of ILC.

At its core, TNR provides significant exposure to gold and copper through its holdings in Alaska and Argentina and is committed to continued generation of in-demand projects, while diversifying its markets and building shareholder value.

John Harrop, PGeo, FGS, is a "Qualified Person" as defined under NI 43-101 and has reviewed and approved the technical content of this news release.

For further details please see our website at http://www.tnrgoldcorp.com/s/NewsReleases.asp
On behalf of the board,

Gary Schellenberg
President

Focus signs offtake agreement with Chinese Conglomerate for 10 years of Graphite production

press release

Dec. 19, 2013, 3:53 p.m. EST

Focus Graphite Signs Offtake Agreement for Lac Knife's Future Graphite Production

OTTAWA, ONTARIO, Dec 19, 2013 (Marketwired via COMTEX) -- Focus Graphite Inc. CA:FMS -1.85% (otcqx:FCSMF)(frankfurt:FKC) (the "Company") announced today it has entered into an offtake agreement for the future production from Lac Knife's graphite resource located 27 km southwest of Fermont, Quebec.

The strategic agreement for up to 40,000 tonnes per year of graphite concentrate and value added products was signed on December 19, 2013 by the Company with an industrial conglomerate, comprised of heavy industry, manufacturing and technology companies located Dalian City, Liaoning Province, China.

The 10-year agreement calls for the supply of up to 40,000 tpy of large, medium and fine flake graphite concentrate and value added graphite products from Focus Graphite's proposed Lac Knife, Quebec mining and processing facility.

The specific terms of the agreement, including pricing and renewal rights, are confidential for competitive reasons.

"On behalf of Focus Graphite we are extremely pleased to have completed our first offtake agreement. This agreement holds the potential for Lac Knife's future development," said Don Baxter, Focus Graphite's President and Chief Operating Officer.

"Not only is this offtake agreement the first of its kind in the graphite industry, it is significant in the fact that it encompasses the wide spectrum of Lac Knife's offerings in pioneering the sale of small flake to extra large flake and value added technology products," Mr. Baxter said.

"This agreement underscores our long-held commercial objective of competing in the China market," he added.

This agreement was completed in the absence of a Feasibility Study (currently underway) and there is no certainty the above objectives will be met.

About Focus Graphite

Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Cote-Nord region of northeastern Quebec. The Lac Knife project hosts a NI 43-101 compliant Indicated Mineral Resource Estimate(i) of 4.9 million tons grading 15.8% graphitic carbon (Cgr) as crystalline graphite with an additional Inferred Mineral Resource Estimate(i) of 3.0 million tons grading 15.6% Cgr of crystalline graphite. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Assessment ("PEA") of the Lac Knife Project which indicated that the project has a very good potential to become a graphite producer. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus also invests in the development of graphene applications and patents through Grafoid Inc.

The technical information presented in this news release has been reviewed by Don Baxter Baxter, P.Eng, President and Chief Operating Officer of Focus Graphite Inc., and a Qualified Person under National Instrument (NI) 43-101 guidelines.

Forward-Looking Statement

This presentation contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi)the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the resulting issuer in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the resulting issuer; (xii) the risks associated with the various environmental regulations the resulting issuer is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; (xvii) the risk of potential dilution through the issue of common shares; (xviii) the Company does not anticipate declaring dividends in the near term; (xix) the risk of litigation; and (xx) risk management.

Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this news release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.

        
        Contacts:
        Focus Graphite Inc.
        Mr. Don Baxter, P.Eng
        President and Chief Operating Officer
        705-789-9706
        dbaxter@focusgraphite.com
        www.focusgraphite.com
        
        
        

Talison Lithium completes new plant

Talison Lithium Announces Official Opening of Greenbushes Lithium Operations Plant Expansion (ccnm)

PERTH, WESTERN AUSTRALIA--(Marketwire - Aug. 10, 2012) -Talison Lithium Limited ("Talison" or the "Company") (TSX:TLH) is pleased to announce the official opening of the Greenbushes Lithium Operations plant expansion, located in Western Australia.

Over 150 international and local guests and dignitaries including customers, shareholders and local community members attended the official opening ceremony at the Greenbushes Lithium Operations. Guests were addressed by Peter Robinson, Chairman and Pat Scallon, General Manager Greenbushes before undertaking a tour of the mine and processing plants. The expansion was officially opened by the Honourable Terry Redman MLA, West Australian Minster for Agriculture and Food, Forestry, Housing and Member for Blackwood-Stirling.

Enabling growth into the future
Peter Robinson, addressing the attendees said, "Talison was, and remains of the view that lithium will be a major part of the world's new energy future, not just for mobile electronics such as iPads, but electric vehicles, grid stabilisation batteries, and solar storage. The expansion demonstrates Talison's commitment to this belief and provides these new industries with confidence that lithium will be available to support the new energy future."

The Expansion was completed and commissioned in June 2012, doubling Talison's production capabilities to around 100,000 tonnes lithium carbonate equivalent per annum. This equates to nearly two-thirds of current global demand. The Expansion was deliberately designed to be large scale to both provide operational efficiencies and enable Talison to support the needs of the lithium market into the future.

Talison expects to progressively increase capacity utilisation of its expanded chemical-grade concentrate processing plant as the lithium market grows. However, the Expansion also provides Talison with the capacity to respond rapidly to changing conditions in the lithium market.

Peter Robinson continued, "Looking forward to the future, this new expansion will also provide high-quality feedstock for our own plant to produce lithium carbonate for customers in countries including Japan, Korea and Europe. This is the next exciting phase of growth for Talison."

ABOUT TALISON
Talison is a leading global producer of lithium and has been supplying a global customer network from the Greenbushes Lithium Operations in Western Australia for over 25 years. In anticipation of sustained growth in lithium consumption, driven primarily by the secondary lithium battery market, Talison has doubled its production capacity at the Greenbushes Lithium Operations and is advancing several growth projects including a lithium carbonate plant in Western Australia.

Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this press release, including any information as to Talison's mineral reserve and mineral resource estimates, strategy, projects, plans, prospects, future outlook, anticipated events or results or future financial or operating performance, may constitute "forward-looking information" within the meaning of Canadian securities laws. All statements, other than statements of historical fact, constitute forward-looking information. Forward-looking information can often, but not always, be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "predicts", "potential", "continue" or "believes", or variations (including negative variations) of such words, or statements that certain actions, events or results "may", "could", "would", "should", "might", "potential to", or "will" be taken, occur or be achieved or other similar expressions concerning matters that are not historical facts. The purpose of forward-looking information is to provide the reader with information about management's expectations and plans. Readers are cautioned that forward-looking statements are not guarantees of future performance. All forward-looking statements made or incorporated in this press release are qualified by these cautionary statements.
Forward-looking statements are necessarily based on a number of factors, estimates and assumptions that, while considered reasonable by Talison, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such factors, estimates and assumptions include, but are not limited to: anticipated financial and operating performance of Talison, its subsidiaries and their respective projects; Talison's market position; future prices of lithium or lithium concentrates; estimation of mineral reserves and mineral resources; realization of mineral reserve and mineral resource estimates; timing, amount and costs of estimated future production; grade, quality and content of concentrate produced; sale of production; capital, operating and exploration expenditures; costs and timing of the expansion of the Greenbushes Lithium Operations; exploration and development of the Salares 7 lithium project; costs and timing of future exploration; requirements for additional capital; government regulation of exploration, development and mining operations; environmental risks; reclamation and rehabilitation expenses; title disputes or claims; absence of significant risks relating to Talison's mining operations; the costs of Talison's hedging policy; sales risks related to China; currency; interest rates, and limitations of insurance coverage. While Talison considers these factors, estimates and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect and actual results may vary.
Readers are cautioned that forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Talison and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risk factors include, amount others, those described in the unaudited condensed consolidated interim financial statements of Talison and the related notes thereto as at March 31, 2012 and for the nine months ended March 31, 2012 and under the heading "Risk Factors" in the annual information form of Talison for the year ended June 30, 2011 dated September 23, 2011, each of which can be found on Talison's SEDAR profile at www.sedar.com. While Talison considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect and actual results may vary.
Although Talison has attempted to identify statements containing important factors that could cause actual actions, event or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this press release based on the opinions and estimates of management on the date statements containing such forward-looking information are made. Except as required by law, Talison disclaims any obligation to update any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

FOR FURTHER INFORMATION PLEASE CONTACT:

Nicole Smith
Talison Lithium Ltd
+1 (647) 343-1992
investorrelations@talisonlithium.com

Related articles

• Talison Lithium Achieves additional 10% Price Increase
• Talison Lithium Announces Record Sales Volume and Price for Fiscal 2012 Year
• Talison Lithium Appoints New Director
• Bullish Two Hundred Day Moving Average Cross - Talison Lithium
• Lithium in high demand for tablet, car batteries