Fintech PR
The Secret Metal That Helped Win WWII is Back, And Prices Are Soaring
FN Media Group Presents Oilprice.com Market Commentary
LONDON, Nov. 25, 2024 /PRNewswire/ — More than 100 years ago, a ship left a Nova Scotia harbor carrying a precious cargo that few today would recognize as valuable. The crew, full of optimism, was bound for Wales hoping that the metal they carried would lead them to riches. Unfortunately, they never made it. Companies mentioned in this release include: United States Steel (NYSE: X), ArcelorMittal (NYSE: MT), Energy Fuels (NYSE American: UUUU), Huntington Ingalls Industries (NYSE: HII), Leidos (NYSE: LDOS).
A German U-boat lurking in the cold Atlantic waters fired a torpedo and the ship went down, sinking to the ocean floor along with its mysterious cargo.
At the time, the metal seemed unimportant, but its true value wasn’t fully realized until later. Fast forward to today and that same metal is critical to modern military and industrial applications. That metal, once forgotten at the bottom of the sea is not gold or silver, but antimony—a mineral that has become a key player in global conflicts and high-tech industries alike.
This shipwreck might sound like an intriguing piece of history, but it’s far more than that. It’s a reminder of how vital antimony has been and continues to be for national security and economic stability.
Now, thanks to Military Metals Corp. (MILI.CN; MILIF.QB), the very same mine in Nova Scotia that once produced this valuable metal is being re-visited. And it couldn’t have come at a more crucial time.
Antimony: The Unsung Hero of Modern Warfare
Antimony might not be a household name, but it’s been an essential material in warfare for centuries. During both World War I and World War II, antimony was used in everything from bullet casings to explosives.
Today, it’s more important than ever. According to the U.S. Geological Survey, American manufacturers use over 50 million pounds of antimony each year.
That’s because antimony is a critical component in the production of semiconductors, batteries, and solar panels. From electronics to renewable energy, the modern world runs on antimony.
In short, antimony is critical to both offensive and defensive operations. Any disruption to the supply of this key mineral could have devastating effects on national security.
The Growing Threat of an Antimony Shortage
This is where things get concerning. For decades, the U.S. has relied on antimony imports from China. In fact, China controls nearly 50% of antimony mining and 80% of the world’s antimony production. This has put the U.S. in a precarious position, especially as tensions with China continue to rise.
The U.S. military is well aware of the risks. The Pentagon has been scrambling to secure a domestic source of antimony, recognizing that losing access to this vital mineral could severely impact America’s ability to defend itself.
That’s why Military Metals (MILI.CN; MILIF.QB) is stepping in at the perfect moment.
The company has taken a bold step with their plans to redevelop the historic West Gore Antimony Project in Nova Scotia. This mine was once a key source of antimony during both World War I. Today, it stands as one of the few potential sources of antimony in North America.
The company has also recently acquired one of Europe’s largest antimony deposits with a historical resource in Slovakia which could prove even more promising as tensions between Russia and Europe escalate.
The above table is data from their recent Slovakian acquisition and helps to show the potential in situ value of Military Metals.
Simply multiply the antimony tons (60,998) by the current spot price ($38,000) to arrive at a total of $2,000,000,000 in situ value of antimony in the ground. The company is merely $23 million at its current market cap with a healthy cash position. Also, the average grade of the resource is 2.478%, which is considered very high for antimony. Most antimony is produced at low grades as a by-product of some gold deposits.
By comparison, Perpetua Resources, which is in the process of receiving a $1.86-billion government loan to develop their strategic resource, is valued at around $700 million with 90,000 tons of antimony.
By announcing the definitive agreement on Slovakia assets as well as acquiring the West Gore project in North America, Military Metals Corp. is positioning itself as a critical player in the fight to secure domestic antimony production.
The company’s CEO, Scott Eldridge, has stated, “The acquisition of the West Gore Antimony Project demonstrates our strategy of becoming a significant global antimony player.”
Eldridge understands the importance of antimony not just for military use, but also for a wide range of industrial applications. He’s betting that as tensions with China escalate, the value of domestically produced antimony will skyrocket.
This isn’t just speculation. The U.S. government has already started investing heavily in securing domestic sources of critical minerals, including antimony. And Military Metals Corp., with its historic West Gore project, is perfectly positioned to capitalize on this growing demand.
The Strategic Importance of Domestic Antimony Production
The potential reopening of the West Gore mine is more than just a business opportunity. It’s a strategic move to safeguard North America’s supply of a mineral that could decide the outcome of the next global conflict.
Antimony is on the U.S. government’s list of critical minerals, and for good reason. Without it, the military cannot produce the advanced weapons systems needed to defend the country. As China tightens its grip on global antimony production, securing a domestic source has become a matter of national security.
Military Metals (MILI.CN; MILIF.QB) West Gore project is one of the only known sources of antimony in North America. This puts the company in a unique position to benefit from government initiatives aimed at stockpiling critical minerals.
With billions of dollars being allocated to secure domestic mineral supplies, companies like Military Metals Corp. stand to gain substantial financial support.
But it’s not just the government that’s interested. The private sector is also waking up to the importance of antimony. As industries like renewable energy and tech continue to grow, demand for antimony will only increase. And with China controlling most of the world’s supply, companies that can produce antimony domestically will be in high demand.
Antimony-Focused Strategy
The company has made it clear that it’s focused on acquiring and developing antimony resources across North America and with their latest definitive agreement announcement on two Antimony projects in Europe, they have a chance to be a global powerhouse. This strategy is designed to potentially make them one of the leading suppliers of antimony outside of China.
With the global antimony market expected to grow significantly in the coming years, Military Metals Corp. is positioning itself as a key player in what could be one of the most critical supply chain battles of the 21st century.
In addition to the definitive agreement for Slovakian assets, the company is actively exploring additional opportunities to acquire other antimony assets, ensuring that it remains at the forefront of this growing industry.
Other companies to keep a close eye on:
United States Steel (NYSE: X)
United States Steel is an integrated steel producer with major operations in the United States and Central Europe. As a major steel supplier to the automotive, appliance, construction, and energy sectors, U.S. Steel plays a vital role in the U.S. economy. A strong domestic steel industry is essential for maintaining a robust manufacturing base, which contributes to national security by ensuring the ability to produce critical equipment and infrastructure.
U.S. Steel’s production capacity and focus on research and development are crucial for meeting the evolving demands of the defense industry. Their ability to produce advanced high-strength steels and other specialized steel products is essential for constructing modern military vehicles, ships, and infrastructure.
ArcelorMittal (NYSE: MT)
ArcelorMittal is the world’s leading steel and mining company with a significant presence in the United States. Their vast production capacity and global reach make them a critical supplier of steel to various industries, including the defense sector. ArcelorMittal produces a wide range of steel products, from basic sheet steel to specialized high-strength alloys, essential for manufacturing vehicles, ships, and infrastructure.
ArcelorMittal’s commitment to research and development keeps them at the forefront of steelmaking technology. This is crucial for meeting the evolving demands of the defense industry, which requires advanced materials to produce lighter, stronger, and more resilient equipment.
Energy Fuels (NYSE American: UUUU)
Energy Fuels is a leading U.S.-based uranium mining company, operating the only conventional uranium mill in the United States. With a diverse portfolio of uranium mines and projects across the Western U.S., they are a crucial player in the U.S. nuclear fuel cycle. Energy Fuels also produces vanadium, a metal used in high-strength steel alloys and aerospace applications.
The company plays a vital role in ensuring a secure and reliable domestic supply of uranium, which is essential for nuclear power plants that provide a significant portion of the nation’s electricity. This reduces reliance on foreign sources of nuclear fuel and strengthens energy security.
Huntington Ingalls Industries (NYSE: HII)
Huntington Ingalls Industries is America’s largest military shipbuilding company, with 42,000 employees. They design, build, and maintain nuclear-powered aircraft carriers and submarines, and provide after-market services for military ships globally. Huntington Ingalls also provides mission-critical national security solutions to government and commercial customers.
Huntington Ingalls Industries is the sole builder of aircraft carriers for the U.S. Navy and one of only two companies that build nuclear-powered submarines. The company’s shipbuilding expertise is critical to the U.S. Navy’s ability to maintain its global presence and protect national interests. Huntington Ingalls is also a major provider of technical and management services to the U.S. government.
Leidos (NYSE: LDOS)
Leidos is a major player in the national security arena, providing innovative solutions to the Department of Defense and intelligence agencies. Their work in artificial intelligence, machine learning, and big data analytics is transforming how these agencies operate and make critical decisions.
Leidos is also a leader in the civil market, offering a wide range of services to government agencies and commercial customers in areas like transportation, energy, and healthcare. This diverse portfolio demonstrates their ability to adapt and innovate across sectors.
By. Josh Owens
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Forward-Looking Statements
This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. The forward-looking statements in this publication are based on current expectations and assumptions about future events, geopolitical developments, trade policies, market conditions, the company’s strategic initiatives to address the critical shortage of antimony, and current expectations, estimates, and projections about the industry and markets in which the company operates. Factors that could change or prevent these statements from coming to fruition include, but are not limited to, the potential impact of the upcoming U.S. elections on various industries and specific companies, changes in government policies, market conditions, regulatory developments, geopolitical events and the company’s ability to successfully acquire and develop new antimony resources and fluctuations in antimony prices. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
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SAN FRANCISCO, May 23, 2025 /PRNewswire/ — Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has expanded its global footprint with the launch of its Institute of Foundation Models (IFM). The IFM is a multi-site initiative consisting of a newly established Silicon Valley Lab in Sunnyvale, CA, combined with previously announced lab facilities in Paris and Abu Dhabi.
The launch event yesterday at the Computer History Museum in Mountain View, establishes the third node in its global research network. This strategic expansion connects the university with California’s vibrant ecosystem of AI researchers, startups, and tech companies.
For the UAE and MBZUAI, this move represents another strategic step in the country’s long-term economic diversification plan. By investing in cutting-edge technologies like advanced AI foundation models, the UAE continues to build knowledge-based sectors to support its long-term economic and social transformation efforts.
“Today’s launch of the IFM represents a major step forward for the collaboration and global development of frontier-class AI foundation models,” said Professor Eric Xing, President and University Professor, MBZUAI. “Our expansion into Silicon Valley provides a critical footprint to grow our presence in one of the most vibrant AI ecosystems in the world. We’re creating pathways for knowledge exchange with leading institutions and accessing a talent pool that understands how to scale research into real-world applications.”
The launch event drew representatives from the world’s leading AI companies and academic institutions, highlighting the growing interest in MBZUAI’s global approach to foundation model research.
At the heart of MBZUAI’s demonstrations was PAN, a world model capable of infinite simulations of diverse realities ranging from basic physical interactions to complex agent scenarios.
Unlike previous systems focused primarily on generating text, audio, or images, PAN predicts comprehensive world states by integrating multimodal inputs like language, video, spatial data, and physical actions. This enables advanced reasoning, strategic planning, and nuanced decision-making for applications from autonomous driving to robotics.
PAN’s innovative hierarchical architecture supports multi-level reasoning and real-time interaction within simulations, maintaining high accuracy over extended scenarios. Its companion, PAN-Agent, showcases its utility in multimodal reasoning tasks, such as mathematics and coding, within dynamic simulated environments.
K2 and JAIS: Advanced Foundation Models with Global Impact
The IFM lab is also advancing two flagship AI systems demonstrating the commitment to further advance frontier-class foundation models: K2 and JAIS.
A soon to be released update to K2-65B will focus on delivering breakthrough reasoning capabilities with sustainable performance.
JAIS stands as the world’s most advanced Arabic large language model. At the IFM JAIS will continue to expand in capability with increased language support and add more context to preserve and promote the cultures it supports.
Building AI in the Open: Transparency as a Core Value
MBZUAI has established one of the industry’s most transparent approaches to AI development, open-sourcing not just models but entire development processes—positioning IFM as a leader in building openly. The LLM360 initiative provides researchers with complete materials including training code, datasets, and model checkpoints. This openness is balanced with safeguards including international advisory boards and peer review processes that maintain research integrity.
The IFM’s structure includes dedicated teams focused on model architecture, training methods, evaluation frameworks, and safety systems—combining the agility of a startup with the resources of an established research institution.
About Mohamed bin Zayed University of Artificial Intelligence (MBZUAI)
MBZUAI is a research-focused university in Abu Dhabi, and the first university dedicated entirely to the advancement of science through AI. For more information, visit www.mbzuai.ac.ae.
For press inquiries:
Aya Sakoury
Head of PR and Strategic Communications
[email protected]
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Fintech PR
AI Could Add $461 Billion to Global Healthcare–And These New Platforms Are Leading the Charge
Equity Insider News Commentary
Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, May 23, 2025 /PRNewswire/ — Equity Insider News Commentary – A new report from Philips reveals a growing divide between doctors and patients when it comes to AI in healthcare. While 63% of surveyed healthcare professionals believe AI can help improve outcomes, only 48% of patients share that optimism. As researchers explore what’s needed for successful AI adoption in healthcare, major players in tech and biotech are already moving ahead—recent updates have come from Avant Technologies, Inc. (OTCQB: AVAI), Renovaro Inc. (NASDAQ: RENB), Certara, Inc. (NASDAQ: CERT), CareCloud, Inc. (NASDAQ: CCLD), and Microsoft Corporation (NASDAQ: MSFT).
Analysts at MarketsandMarkets expect the AI healthcare sector to grow at a 38.6% CAGR, topping $110 billion by 2030. Accenture goes even further, estimating AI could inject another $461 billion in added value by 2035—amplifying impact across a global healthcare system already on track to surpass $2.26 trillion.
Avant Technologies, Inc. (OTCQB: AVAI), in partnership with Ainnova Tech, is positioning its Vision AI platform at the forefront of predictive healthcare. The company is in advanced discussions to acquire or exclusively license a patented early disease detection technology that could significantly enhance its diagnostic capabilities. If finalized, the deal would allow Vision AI to generate clinical insights even in the absence of a complete patient dataset—unlocking earlier intervention opportunities and supporting a more proactive model of care.
“Our purpose is to create the future of early disease detection in an accessible way, so that patients can get a preventive check-up anywhere, at a low cost, and easily,” said Vinicio Vargas, CEO at Ainnova and member of the Board of Directors of the joint venture company, Ai-nova Acquisition Corp. (AAC), said of AAC’s aim to continue to add to its portfolio. “We want to prevent patients with risk factors from developing other diseases that could have been avoided before they became a real problem. To this end, we are seeking to integrate new technologies into our portfolio within a single platform, both through our R&D efforts and through potential exclusive licenses or acquisitions.”
The potential acquisition aligns with Avant and Ainnova’s shared mission to deliver scalable, preventive health tools that merge retinal imaging, vital sign monitoring, and machine learning into one streamlined platform. Vision AI is already positioned as a next-generation diagnostic engine for chronic conditions like diabetes, cardiovascular disease, and kidney dysfunction. Now, the joint venture is pushing further—evaluating breakthrough technologies that could detect emerging health issues at a pre-symptomatic stage.
Recent platform updates saw four proprietary algorithms—trained on over 2.3 million real-world clinical cases—fully integrated into Vision AI. The addition of new IP from this proposed deal would mark a significant leap forward, enabling predictive models to extract meaningful signals from even limited patient data.
Avant and Ainnova view this initiative as part of a broader strategy to consolidate breakthrough tools that make early disease detection more scalable, mobile, and applicable across diverse healthcare settings. While a final agreement has yet to be announced, the companies have stated they will keep shareholders informed as developments progress.
In parallel, Avant has entered formal discussions to acquire Ainnova outright—building on their existing alignment under the Ai-nova Acquisition Corp. (AAC) structure. The timing is deliberate, coming just ahead of a planned FDA pre-submission meeting this July. A completed merger would unify operations, reduce internal complexity, and bolster the joint venture’s regulatory readiness as it prepares for potential U.S. market entry.
“We believe bringing the two companies together will offer tremendous value for shareholders,” said Vargas. “It will simplify the process of advancing our technology to market, and it will deliver value to our customers and partners as we promote our technology portfolio globally.”
At the center of this initiative is Vision AI—a non-invasive screening platform that integrates retinal imaging, vital sign monitoring, and machine-learning models to flag early indicators of chronic disease. The system targets conditions such as diabetic retinopathy, cardiovascular issues, kidney and liver disorders, and type 2 diabetes. Operated under the AAC structure, the joint venture holds global rights to Vision AI, which has demonstrated over 90% sensitivity in early detection based on research cited by the NIH.
“This milestone reflects our two-tiered strategy, rapid deployment in low-regulation markets where Vision AI operates as a screening tool, and simultaneous progress toward FDA clearance for the U.S. market,” said Vargas. “Entering the U.S. will unlock significant commercial potential, and early engagement with regulators ensures we do so with speed, credibility, and a validated product.”
While many AI healthcare platforms remain stuck in pilot stages, Avant’s Vision AI is already live across multiple Latin American markets—including Chile, Mexico, and Brazil—where it’s actively being used in clinical settings. These real-world deployments are generating essential data on safety and efficacy, while also providing user feedback that guides ongoing system improvements.
To broaden its diagnostic reach, the Ai-nova joint venture recently integrated four additional algorithms into the platform. Each was trained on a dataset of more than 2.3 million clinical records, enhancing Vision AI’s precision across a wider spectrum of chronic diseases. With active momentum abroad and U.S. regulatory discussions now underway, Avant’s trajectory appears to be moving from early validation toward broader market penetration.
CONTINUED… Read this and more news for Avant Technologies at:
Renovaro Inc. (NASDAQ: RENB) has officially launched Augusta, a next-generation AI-powered platform targeting precision neurology. Designed for patient stratification, biomarker discovery, and accelerated drug development, Augusta integrates multiomics, contingent AI, phenoclustering, and in silico screening into one modular system.
“The Augusta platform is about validation,” said David Weinstein, CEO of Renovaro Inc. “We’re setting a new bar for how AI can be responsibly and effectively deployed in clinical and experimental settings.”
The platform has already demonstrated early success in Parkinson’s disease and epilepsy, with expansion plans underway for additional neurological conditions.
Certara, Inc. (NASDAQ: CERT) has launched its Non-Animal Navigator™ solution to help drug developers reduce reliance on animal testing, aligning with the FDA’s Roadmap to Reducing Animal Testing in Preclinical Safety Studies.
“The FDA announcement and roadmap pave the way for more model-informed drug development approaches that are predictive, efficient, and ethical,” said William F. Feehery, CEO of Certara Inc. “It is part of a growing industry adoption trend to use scientifically robust new approach methodologies (NAMs) like AI-enabled biosimulation to improve strategic decision-making and success rates at every phase of drug development.”
The new offering combines strategic regulatory guidance with AI-enabled biosimulation, providing an ethical and efficient pathway through early-stage drug development. With adoption already underway, Certara’s platform offers a future-ready model for companies advancing biologics, including monoclonal antibodies and ADCs.
CareCloud, Inc. (NASDAQ: CCLD) has been named Maxim Group’s “Top Healthcare IT Pick for 2025,” with analysts citing the company’s AI-first strategy, strong financial performance, and discounted valuation as key drivers.
“AI is now deeply integrated into our operations—from documentation and revenue cycle management to patient engagement and analytics,” said Hadi Chaudhry, Co-CEO of CareCloud Inc. “This is not an add-on, it is a foundational capability that is changing how healthcare is delivered and experienced.”
The firm recently launched its AI Center of Excellence and introduced purpose-built tools like cirrusAI Notes and cirrusAI Voice to streamline clinical workflows and improve patient engagement. CareCloud plans to scale its AI team from 50 to 500 by year-end, deepening its role as a leader in applied healthcare AI.
Microsoft Corporation (NASDAQ: MSFT) has introduced its healthcare agent orchestrator—a multi-agent AI framework designed to support complex clinical workflows, such as tumor boards, by analyzing multimodal data across imaging, genomics, and electronic health records.
“The vision of the healthcare agent orchestrator is to rapidly surface, summarize, and take action on relevant multimodal medical information for each complex cancer case, so hours of review can become minutes,” said Dr. Joshua Warner, Radiologist at UW Health and Assistant Professor of Radiology, UW School of Medicine and Public Health. “Collaborating with Microsoft allows us to explore the value of these models for tumor boards and beyond.”
Now available through Azure AI Foundry, the system enables clinicians and developers to coordinate specialized AI agents directly within Microsoft Teams and Office tools, streamlining hours of expert analysis into minutes. Leading institutions like Stanford, Johns Hopkins, and Providence are already piloting the technology to accelerate cancer diagnosis, clinical trial matching, and treatment planning.
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DUBAI, UAE, May 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has renewed its offers for trading beginners in a bundle of first-trade coverage and rewards this summer. The five-track Fearless Futures initiative has something to offer in every stage of crypto trading—from research to futures trading.
Modeled after fitness coaching, Fearless Futures is a supportive package for fresh traders and learners starting their crypto trading journey. The comprehensive loss protection and rewards program offers derisking opportunities for first-time traders in sync with the market-wide rally, with BTC pushing above 100K and ETH regaining investor favor. Sophisticated product suites and knowledge sharing are becoming increasingly accessible to everyday traders, and Bybit continues to support the crypto community with professional-grade tools and flawless execution with millisecond precision.
From now until June 30 or until prize pools are fully unlocked, eligible Bybit users will enjoy exclusive protection and rewards as they advance their trading levels:
- A Zero-Risk Introduction to Futures Trading: Eligible user’s first Futures trade will be covered up to 50 USDT at Bybit should a loss occur. Vouchers are available for first-time Futures traders on Bybit until June 30, 2025.
- Carefree Copy Trading: New followers of Master Traders may claim up to 100 USDT in loss protection for Copy Trading. This welcome offer not only takes away the pressure of strategizing, but also reduces volatility risks. Copy Trading Vouchers can be used as margin and are up for grabs until December 30, 2025.
- Gold & FX Copy Trading: Another Copy Trading product tailored for Gold and FX matched the limited-time offer for first-time traders until June 30, 2025.
- It Pays to Learn: Before diving into trading, beginners may explore Bybit’s Read-to-Earn initiative and get the basics down while dividing up a 18,000 USDT prize pool.
- Bonus Community Challenge: Signing up for the Bybit Learn Community will qualify eligible users for the Community Futures Challenge. The gamified experience incentivizes knowledge sharing and community engagement with a 2,500 USDT weekly prize pool, to be shared by top contributors in the leaderboard.
The campaign benefits Bybit users at a strategic juncture when the crypto market continues its upward trajectory. Supporting the broader crypto community since 2018, Bybit aspires to help its users navigate volatility responsibly, become better traders, and be part of their progress.
Registration and task fulfilments are required, and terms and conditions apply. For details, users may visit: Fearless Futures | Trade with Confidence, Not Consequence.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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