Friday, March 8, 2024

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Poised to Play an Important Role in Powering the Globe’s Energy Transformation

 

  • Nickel demand as a green energy metal is expected to continue growing exponentially over the coming years and decades as the world continues its electrification revolution towards net-zero emissions
  • Nickel is expected to witness continued demand from EV manufacturers, with the average EV containing upwards of 25 kilograms of nickel, as well as many other emerging battery uses and technologies
  • High-grade sulfide nickel deposits are low in carbon intensity and make for cleaner, safer mines than Indonesian or Chinese sources, with carbon emissions 5-10x higher than Canadian high-grade nickel, not to mention many other environmental issues
  • Fathom Nickel are seeking to participate in this move through the discovery and eventual development of two high quality magmatic nickel sulfide deposits located in Canada’s Saskatchewan region

Climate change has become an undeniable force around the globe, with news of widespread droughts, record temperatures, forest fires, and ravaged agricultural harvests increasing in frequency. In response, global leaders came together during 2021’s COP26 event in Glasgow to propose a global Net Zero initiative, aimed towards achieving a balance between global greenhouse gas (“GHG”) emissions and those being removed from the atmosphere. While a number of countries have since published their own legislation, detailing the measures and timeframes through which they expect to achieve a net zero status, there is a common consensus amongst all – the change will not be easy. Forecasts by the International Energy Agency now suggest that to reach global net zero emissions by 2050, annual clean energy investment around the globe will need to more than triple to approximately $4 trillion per annum by 2030 (https://nnw.fm/cOGRQ).

The shift away from fossil fuels and towards renewable energy sources is resulting in a spending surge, which is set to directly benefit businesses entrenched within the global renewable energy supply chain; in particular, commodities such as nickel – a critical component within green energy technologies – are poised to witness a dramatic uptick in demand.

The average battery electric vehicle (“EV”) today contains approximately 25.3 kilograms of nickel, with carmakers continuing to opt for high-nickel content batteries to deliver long-range performance, whilst increasingly extending use of these batteries to entry level models as well. Meanwhile, the Adams Intelligence EV Battery Capacity and Battery Metals Tracker, which also includes plug-in and conventional hybrid vehicles within their study, revealed that the average nickel content across the electric vehicle universe had risen by 8% YoY as of July 2023, reaching just over 25 kilograms per vehicle sold (https://nnw.fm/lLTsQ).

Whilst the manufacture of wiring and stainless steel continue to rank amongst the principal uses of nickel, nickel-cadium and nickel-metal hydride batteries are increasingly taking share; the global demand for nickel derived from electric vehicle batteries alone is forecast to grow from 60 thousand tons in 2018 to a relatively significant 665 thousand tons by 2025 (https://nnw.fm/IZilm), accounting for approximately 21% of annual global nickel consumption. 

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), a Calgary-based Canadian natural resource exploration and resource development company, is looking to target high-grade nickel sulfide developments, for use in the rapidly growing electric vehicle market. Led by a management team boasting over 100 years of combined mining and exploration experience and having raised gross proceeds of approximately C$7.5 million over the past six months to fund its incremental exploration work, Fathom Nickel have set their sights on developing two key nickel projects – the Albert Lake Project and the Gochager Lake Project, respectively.

Albert Lake hosts the historic Rottenstone Mine, which operated for roughly 5 years in the 1960s.  The Rottenstone Mine was one of the highest-grade polymetallic nickel deposits in Canadian history, with an average grade of some 3.28% Ni, 1.83% Cu, and 9.63 gpt Pd+Pt+Au. Today, Fathom Nickel’s Albert Lake Project comprises some 90,460 hectares of land in north-central Saskatchewan, over 80,000 hectares of which remains unexplored. With the site nestled within the prolific Trans Hudson Orogeny Corridor, Fathom Nickel have plans to drill high-priority targets surrounding the historic Rottenstone Mine whilst simultaneously carrying out further surface geophysical programs and mapping and prospecting tasks during the upcoming summer season.

Gochager Lake Property

Similarly positioned within Saskatchewan’s Trans Hudon Corridor, the 22,620-hectare Gochager Lake Project has previously played host to a historic resource identified in 1967, comprised of 4.2M tons of 0.29% Ni and 0.08% Cu grade. Fathom has recently uncovered robust borehole electromagnetic (“BHEM”) responses in 8 out of 9 holes drilled in 2023, with strong evidence of multiple, high-grade nickel-copper-cobalt chutes within the area’s historic deposits.

With total EV sales anticipated to swell from 2.5 million vehicles in 2020 to a massive 31.1 million electric automobiles in 2030, EV’s are expected to comprise as much as 32% of total new vehicle sales within the next 6 years. Moreover, and with nickel-based technologies expected to comprise an ever-greater proportion of EV batteries going forward given its ability to support higher performance and greater mileage, Fathom Nickel are well situated to capitalize on the world’s ongoing energy transition transformation and provide clean, green, Canadian nickel.

For more information, visit the company’s website at www.FathomNickel.com.

NOTE TO INVESTORS: The latest news and updates relating to FNICF are available in the company’s newsroom at https://nnw.fm/FNICF

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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Turbo Energy (NASDAQ: TURB) Harnesses AI Technologies to Combat Climate Change

 

  • Artificial Intelligence (“AI”) has become an increasingly prominent tool in the battle against climate change
  • AI can now be used across a myriad of use cases, ranging from tracking small-scale deforestation through to measuring the melting rate of the polar icecaps
  • Turbo Energy has looked to harness AI technologies within its core product portfolio, including its SunBox and GoSolar home energy systems
  • AI has emerged as a key tool within solar energy management systems, driving efficiency and lowering costs across the solar energy production supply chain

Home to over 5 million square kilometers of tropical rainforest and storing over 200 petagrams (1 petagram = 1 billion tons) of carbon, the Amazon Basin ranks amongst the world’s most important ecosystems with direct implications for both, regional and global climate. Nevertheless, and until recently, authorities were unable to track the rise of small-scale deforestation taking place across significant swathes of the Amazon rainforest. Forest loss within the Amazonia has been monitored by the Brazilian Institute for Space Research (“INPE”) since 1988; however, INPE studies are woefully limited in scope. The research agency’s focus has historically been confined to the Brazilian Amazon, with its technology solely able to track disturbances greater than 6.25 hectares in area (equivalent to approximately 8 football fields) (https://nnw.fm/cT5vv). Now, and capitalizing on the technological advances offered by artificial intelligence, companies such as Scotland-based Space Intelligence are able to remotely map millions of hectares of land from space using satellite data, with the company’s innovative technology able to track metrics such as ongoing deforestation rates or calculate the carbon storage content within a forest (https://nnw.fm/1lNpS).

Whether it is tracking ongoing deforestation rates around the world, predicting weather patterns to help communities better adapt to climate change, or measuring the meltwater released by icebergs on a real-time basis, the use of AI is gaining ever increasing prominence in the battle against climate change.

Solar energy management has emerged as yet another area where AI is gaining increased prominence, given the technology’s ability to provide efficient solutions to many of the issues faced by solar energy producers and their offtake partners.  Ranging from predictive maintenance, where AI-driven analytics can identify and diagnose potential system malfunctions or failures ahead of time; through to load forecasting, where AI-based algorithms can help provide predictions on future energy loads thereby allowing for the rapid adjustment of production; and achieving supply optimization, where AI systems can optimize supply chains by analyzing current and forecasted conditions, AI is revolutionizing the field of solar energy management.

Turbo Energy (NASDAQ: TURB), a designer, developer and manufacturer of photovoltaic energy generation, management, and storage equipment has emerged as a pioneer in harnessing AI within its solar energy solutions.

The company’s ‘SunBox Home’ system encompasses an all-in-one AI-powered energy storage solution, designed to assist households in managing their power consumption. Directly linked to a household’s solar panel generation unit, the SunBox system allows users to choose between settings including ‘maximum consumption’ or ‘maximum savings’, conserve a portion of its energy reserves in the event of unexpected electricity blackouts or rather, sell excess power back onto the grid.  The groundbreaking energy storage system additionally boasts the capacity to track weather forecasts, thus ensuring its batteries are fully charged in the event of a storm (https://nnw.fm/hbzQa).

Similarly, the company has recurrently begun marketing its revolutionary ‘GoSolar’ household solar energy system in partnership with Solar360, the energy division of Movistar – Latin America’s largest telecommunication company and one of the world’s 500 most valuable companies (https://nnw.fm/uBla3). Comprised of a small microinverter and lightweight, flexible PV panels which can be plugged into a conventional household outlet, Turbo Energy’s GoSolar system allows households the ability to capture solar energy power within their homes without the need to apply for special permits or recruit professional installation support.

“Turbo Energy’s Artificial Intelligence and optimization system is the best on the market,” stated Turbo Energy’s CEO, Mariano Soria in a recent interview. “Two years ago, we began working on the development of software linked to Artificial Intelligence.  The goal was for storage to be smart, that could not only serve the purpose, but save money directly from the end user’s pocket. [In addition to having] the capacity to offer the end customer the best solution in economic savings [our] software is the basis for the continued development of the company [as well as giving us] the ability to incorporate other elements in the future]. We envision the ability to make use of it, not only for individuals but for communities such as energy communities or virtual power plants.”

For more information, visit the company’s website at www.Turbo-e.com.

NOTE TO INVESTORS: The latest news and updates relating to TURB are available in the company’s newsroom at https://nnw.fm/TURB

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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SuperCom Ltd. (NASDAQ: SPCB) Asserts its Product and Service Superiority with its PureSecurity(TM) Offender Monitoring Solutions

 

  • SuperCom, a global leading provider of traditional and digital identity solutions, is pushing its EM solutions, specifically in the field of preventing domestic violence
  • Its products and services have so far been adopted by various governments and institutions around the world, among them two recent new clients in North America
  • According to Ordan Trabelsi, SuperCom’s President and CEO, this is a testament to the undeniable effectiveness and reliability of the company’s solutions

SuperCom (NASDAQ: SPCB), a global leading provider of traditional and digital identity solutions offering advanced identification and security products and solutions to governments, has, since 1988, been a trailblazer and leader in its space. So far, it has carved out a significant market share globally, and this all stems from a deep understanding of the problems on the ground and offering sustainable and practical solutions that have proven, time and time again, to work.

Its offender monitoring services and solutions are evidence of this. By combining its SuperCom Electronic Monitoring (“EM”) platform with LCA’s EM programs and community-based services, SuperCom can deliver efficient operations, outstanding compliance, and highly successful outcomes. This is the product of decades of experience implementing RFID solutions and large-scale government projects, which has birthed offerings such as the PureSecurity(TM) platform and products that offer a life-saving, preventive solution for domestic abuse victims (https://nnw.fm/aiaTZ).

The overall effectiveness of this offering can be affirmed by its adoption by various governments and institutions worldwide and their raving reviews of SuperCom’s EM solutions. It is a testament to the value of technology and its role in protecting domestic abuse victims, especially at a time when countries are desperately looking for solutions to ongoing threats of domestic violence.

In January 2024, the UK’s Home Office announced a £2m pot for individuals who lack the money to escape an abusive partner. The pot would see domestic abuse victims claim payment of up to £500 for stapes such as food and nappies or apply for up to £2,500 to go towards housing. This program took into account the fact that having kids, a lack of money, a lack of confidence, and the fear of reprisal kept so many domestic abuse victims locked into dangerous and harmful situations for far too long. With the funding, the program gives the victims the resources to distance themselves from their abusers and hopefully start a new life (https://nnw.fm/07Mni).

While it is a noble course, it is not sustainable, mainly because the program will only run until March 2025 and is a costly solution. In addition, there is no guarantee that the perpetrator still won’t get close to the victim and potentially abuse them again. With slightly over 600 people having benefitted from the program so far, the management is optimistic that it will get to help hundreds more by the time it comes to a close. However, SuperCom offers a more viable alternative with its EM solution, which doesn’t involve the victims fleeing but allows them to maintain their lives.

This overall superiority of its offering is evidenced by Finland’s Ministry of Justice’s adoption of SuperCom’s EM technology for incarcerated individuals and those on probation. From the onset, Finland’s main objective was to empower Finnish authorities, safeguard victims, and proactively prevent domestic violence incidents, ultimately enhancing the safety and well-being of Finnish citizens (https://nnw.fm/kOJOw). Evidently, SuperCom’s solution is more practical and effective and does not involve the victims uprooting their lives, moving elsewhere, and starting again from scratch.

“We are delighted to secure another program for our innovative Domestic violence Solution; this time in Finland,” noted Ordan Trabelsi, President and CEO of SuperCom, while announcing the securing of a new national program with the government of Finland.

“This {also} acts as another testament to the undeniable effectiveness and reliability of our solutions,” he added.

This partnership with the Finnish government demonstrates the incredible work SuperCom has done in perfecting its products and services and the lengths it has gone to make it the go-to brand for EM solutions, particularly for victims of domestic violence. It is expected that as time progresses, even more governments around the world will adopt the offering, thereby amplifying its impact and bringing relief to millions of domestic abuse victims around the world.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at https://nnw.fm/SPCB

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)

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