Glencore reports 49% revenue rise in first half of 2026

Viridian Metals Inc. reported that all eight successfully drilled step-out holes along a roughly 3-kilometre southern extension of the Kraken Main Zone in Labrador intersected visually identified sulphides, including the same patchy net-textured and semi-massive styles seen in the established Main Zone. The company said VKS26-063 intersected 47.3 metres of patchy net-textured sulphides, VKS26-065 intersected 41.8 metres, VKS26-062 intersected 33.2 metres and VKS26-059 intersected 28.0 metres, while VKS26-062 and VKS26-060 returned 7.7 metres and 6.7 metres of semi-massive sulphides respectively. Seven holes encountered patchy net-textured sulphides from the top of bedrock and five ended in that material, though laboratory assays are still required to determine metal grades. Viridian also said it engaged Toronto-based Oak Hill Financial Inc. for business and capital markets advisory, marketing and investor relations services effective September 16, 2026, on an initial two-month term at a monthly advisory fee of C$12,000, and that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company.

The 15th Five-Year Plan for the Development of the New Battery Industry, jointly formulated by seven departments including the Ministry of Industry and Information Technology, was officially released on September 28, proposing that all-solid-state batteries achieve initial large-scale application by 2030. Boosted by this news, the solid-state battery concept surged again on the morning of September 30, with Transart Technology, Shanghai Xiba, and Xin Ya Zhi Cheng hitting limit up, while lithium battery materials company Lopal Technology was pulled up to a 9.99 percent limit-up. The plan makes arrangements for developing advanced battery materials and high-end manufacturing equipment, proposing to develop isostatic pressing equipment for solid-state batteries, and to develop solid-state electrolytes such as sulfide and halide materials with high air stability, as well as high-performance polymer composite solid-state electrolytes. Lopal Technology recently stated that its solid-state battery precursor product D392 is a high-nickel ternary precursor material tailored for solid-state batteries and launched by its wholly owned subsidiary Sanjin Lithium. Through measures such as element doping and structural adjustment, it has been made more stable, safer, and longer-lasting, and can better solve problems in solid-state batteries such as cracking of cathode materials and high-temperature decomposition of materials.