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Japan Advances Rare Earths Ambitions with World’s First Seabed Trial

Investing 4 Mins Read

Japan announced that it has successfully retrieved mineral-rich seabed sediment from nearly 6,000 meters below the ocean’s surface near the remote island of Minamitorishima.

Officials say the technical milestone could help reduce the country’s dependence on China.

The work was carried out by deep-sea drilling vessel Chikyu, which collected the sediment as part of a government-backed test program aimed at assessing the feasibility of mining rare-earths-bearing mud from the deep ocean.

According to Japan’s Agency for Marine-Earth Science and Technology, Chikyu departed last month for Minamitorishima — about 1,950 kilometers southeast of Tokyo — and arrived at the test site on January 17.

The first batch of sediment was recovered on February 1.

“It is a first step toward industrialization of domestically produced rare earth in Japan,” Prime Minister Sanae Takaichi said in a statement posted on X. “We will make efforts toward achieving resilient supply chains for rare earths and other critical minerals to avoid overdependence on a particular country.”

Rare earths are essential in the high-performance magnets used in electric vehicles, wind turbines, electronics and defense systems. China currently dominates global production and processing of heavy rare earths, giving Beijing significant influence over prices and supply, a vulnerability that has increasingly worried world governments.

Japan’s latest test comes amid heightened geopolitical tension in the region.

Tokyo has grown more concerned about potential supply disruptions after China recently suspended exports of certain dual-use goods to Japan. While rare earths were not explicitly named, the move raised fears that Beijing could use its control over critical minerals as leverage as it has in the past.

Japanese researchers first identified rare-earth-rich mud deposits around Minamitorishima in the 2010s. Since then, the government has funded research, development and feasibility studies under its Strategic Innovation Promotion Program, focusing on whether those resources could support a domestic supply chain.

The current trial is designed to test not only the ability to retrieve sediment from extreme depths, but also the logistics of deep-sea mining. Officials cautioned that the work is still at an early stage. Details such as the concentration of rare earth elements in the retrieved mud and the overall recovery rates are still being analyzed. Moving toward commercial production would require demonstrating the entire process, from seabed extraction to separation and refining.

Japan plans to continue testing through mid-February. If the trials are successful, larger-scale demonstrations could follow, potentially including the construction of a dedicated processing facility on Minamitorishima later this decade.

US targets rare earths security with Project Vault

While Japan pushes deeper into rare earths supply diversification, developments in the US underscore how deeply critical minerals policies are shaping markets on both sides of the Pacific.

On Monday (February 2), the Trump administration rolled out Project Vault, a roughly US$12 billion strategic critical minerals reserve aimed at reducing US dependence on China for rare earths and other essential metals.

The initiative, anchored by a US$10 billion loan from the US Export‑Import Bank and about US$2 billion in private capital, is designed to stockpile strategic materials like rare earths, cobalt and lithium.

The program’s backers say the reserve will function much like America’s Strategic Petroleum Reserve, offering a buffer against global supply disruptions and insulating manufacturers from price shocks that have plagued markets during recent US-China trade tensions. Analysts say the effort signals an ongoing shift toward industrial policy that treats critical minerals as strategic assets, even as completion details and long‑term execution remain uncertain.

The financial markets responded quickly. Shares of Australian rare earths producer Lynas Rare Earths (ASX:LYC,OTCQX:LYSDY) rallied more than 3 percent on Tuesday (February 3), closing at AU$15.25, reflecting renewed investor interest tied to the policy news and the broader rare earth narrative.

Lynas’ recent movements come against a backdrop of broader gains in non‑Chinese mineral producers, as investors reposition around supply chain security and government policy support.

Rare earths stocks more generally saw upticks in the US market after the country’s critical minerals plan came into focus, with producers like MP Materials (NYSE:MP) and USA Rare Earth (NASDAQ:USAR) gaining on reports of increased government engagement in critical mineral sourcing.

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

This post appeared first on investingnews.com

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Westport Announces $6.5 Million Milestone Payment From Light-Duty Divestiture

Investing 3 Mins Read

~ Previously announced Light-Duty divestiture providing non-dilutive capital that strengthens Westport’s cash position~

Westport Fuel Systems Inc. (‘Westport’) (TSX:WPRT Nasdaq: WPRT), a supplier of alternative fuel systems and components for the global transportation industry, today announced that it has received $6.5 million (Euro 5.5 million) as part of its previously announced sale of the Light-Duty segment. The escrow payment was triggered under the terms of the sale agreement following the achievement of a defined post-closing milestone.

‘This milestone payment reflects continued progress in the post-closing steps of our Light-Duty business divestiture,’ said Elizabeth Owens, Chief Financial Officer at Westport. ‘While additional payments are expected as the transaction phases are completed, this interim payment strengthens our cash position today to support ongoing operations and our strategic initiatives. We remain disciplined in executing the remaining elements of the divestiture process along with our ongoing operational efficiency improvements.’

Additional information relating to the Light-Duty divestiture can be found in news releases posted on Westport’s website HERE.

About Westport
Westport is a technology and innovation company connecting synergistic technologies to power a cleaner tomorrow. As a leading supplier of affordable, alternative fuel, low-emissions transportation technologies, we design, manufacture, and supply advanced components and systems that enable the transition from traditional fuels to cleaner energy solutions.

Our proven technologies support a wide range of clean fuels – including natural gas, renewable natural gas, and hydrogen – empowering OEMs and commercial transportation industries to meet performance demands, regulatory requirements, and climate targets in a cost-effective way. With decades of expertise and a commitment to engineering excellence, Westport is helping our partners achieve sustainability goals—without compromising performance or cost-efficiency – making clean, scalable transport solutions a reality.

Westport is headquartered in Vancouver, Canada. For more information, visit Westport.com.

Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements, including statements regarding the receipt and timing of additional milestone-based payments related to the divestiture of our Light-Duty business, the impact of the Euro 5.5 million escrow release disclosed herein, expectations regarding our cash position, and our ongoing operational and strategic initiatives, including efficiency improvements. These forward-looking statements are neither promises nor guarantees but involve known and unknown risks and uncertainties and are based on both the views of management and assumptions that may cause actual results to differ materially from those expressed or implied. These risks, uncertainties and assumptions include those related to the completion of remaining post-closing obligations connected to the Light-Duty divestiture, the timing and satisfaction of conditions required for any additional milestone payments, general economic conditions of and access to the capital and debt markets, solvency, governmental policies and regulation, foreign exchange rate fluctuations, supply-chain factors and other risks and assumptions described in our most recent Annual Information Form and other filings with securities regulators. Readers should not place undue reliance on any such forward-looking statements, which speak only as of the date of publication. We disclaim any obligation to publicly update or revise such statements to reflect any change in our expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in these forward looking statements except as required by National Instrument 51-102. The contents of any website, RSS feed or twitter account referenced in this press release are not incorporated by reference herein.

Contact Information
Westport Investor Relations
T: +1 604-718-2046

        

News Provided by GlobeNewswire via QuoteMedia

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Osisko Metals Closes C$15 Million “Bought-Deal” Flow-Through Share Financing

Investing 7 Mins Read

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Osisko Metals Incorporated (the ‘Company’ or ‘Osisko Metals’) (TSX: OM,OTC:OMZNF; OTCQX: OMZNF; FRANKFURT: OB51) is pleased to announce the successful closing of its previously-announced ‘bought-deal’ private placement financing, pursuant to which the Company issued an aggregate of 11,812,000 common shares of the Company that will qualify as ‘flow-through shares’ (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the ‘Flow-Through Shares’) at a price of C$1.27 per Flow-Through Share for gross proceeds to the Company of C$15,001,240 (the ‘Offering’).

The Company will use an amount equal to the gross proceeds from the sale of the Flow-Through Shares under the Offering to incur eligible ‘Canadian exploration expenses’ that will qualify as ‘flow-through critical mineral mining expenditures’ (as both terms are defined in the Income Tax Act (Canada)) (the ‘Qualifying Expenditures‘), in respect of the Company’s projects in Canada. The Qualifying Expenditures will be incurred on or before December 31, 2027 and will be renounced by the Company to the initial purchasers of the Flow-Through Shares with an effective date no later than December 31, 2026.

The Offering was co-led by Canaccord Genuity Corp. and BMO Capital Markets.

The Company understands that Agnico Eagle Mines Limited and Hudbay Minerals Inc., two of its existing strategic investors, along with Toronto-based fund Rosseau Asset Management Ltd., have purchased, as part of a follow-on transaction to the issuance of the Flow-Through Shares, all of the Common Shares issued under the Offering at a price of C$0.85 per Common Share for an aggregate purchase price of approximately C$10 million.

The Flow-Through Shares issued under the Offering are subject to a hold period expiring four months and one day from the date hereof, pursuant to applicable Canadian securities laws. The Offering remains subject to final acceptance of the Toronto Stock Exchange.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the ‘U.S. Securities Act‘), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in its flagship project, the past-producing Gaspé Copper mine, from Glencore Canada Corporation in July 2023. The Gaspé Copper project is located near Murdochville in Québec’s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt grading 0.34% CuEq and Inferred Mineral Resources of 670 Mt grading 0.38% CuEq (in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper‘. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP, through the Pine Point Mining Limited joint venture, to advance one of Canada’s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt at 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt at 5.64% ZnEq (in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects). For more information, see Osisko Metals’ June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President
Email: info@osiskometals.com
Phone: (416) 500-4129

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’ or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the ability for the Company to obtain the final approval of the Toronto Stock Exchange; the anticipated use of proceeds of the Offering; the tax treatment of the Flow-Through Shares; the timing of incurring and renunciation of the Qualifying Expenditures; and the ability to advance the Company’s properties (and results thereof); and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: general market conditions impacting the Company; the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; and availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the ability of the Company to obtain required approvals, the ability of the Company to complete further exploration activities, including drilling; the results of exploration activities; risks relating to mining activities; risks relating to the global economic climate and metal prices; environmental risks; changes in tax and regulatory regimes; and community and non-governmental actions. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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Kings forward De’Andre Hunter shares what he’ll bring to Sacramento

Sport 6 Mins Read

SACRAMENTO — The Sacramento Kings had a chance to welcome newly acquired forward De’Andre Hunter to California’s capital during their Tuesday practice following a Jan. 31 trade which sent Keon Ellis and Dennis Schroder to the Cleveland Cavaliers.

Hunter, 28, was acquired in the trade to be a potential piece for the Kings’ future as general manger Scott Perry retools the roster with aspirations of establishing a winning culture.

Hunter, who will make $23.3 million this season as part of a four-year $90 million rookie contract extension he signed with the Hawks in 2022, expressed his excitement to get going in Sacramento and becoming acclimated with his new team.

‘It’s good energy here,’ Hunter told reporters after his first Kings practice. ‘A lot of great coaches that have a lot of experience in the league. Very experienced players who have been here in the league for a while, I’m just excited for a new opportunity.’

Hunter, a 6-foot-7, 221-pound swingman, is averaging 14 points, 4.2 rebounds and 2.1 assists in 26.2 minutes per game so far during the 2025-26 regular-season.

Through 43 games, Hunter has shot the ball at a 42.3% rate on field goals. He shoots 30.8% from deep and is a solid free throw shooter at 86.9%.

Defensively, he averages 0.7 blocks and 0.1 steals per game.

Hunter told USA TODAY Sports what he intends to bring to the Kings as he becomes engulfed in the basketball culture in Sacramento.

‘Just versatility, on both ends,’ Hunter said. ‘A guy that plays hard, a guy that’s gong to do what the team needs. I feel like that’s kind of what everyone says but night in, night out I’m going to give my best effort.’

Hunter’s versatility will allow the Kings to play him at the three (small forward) or experiment playing him at the four (power forward).

For Hunter, it’s nothing new.

‘I don’t think there’s much difference in the league right now,’ he said. ‘A lot the threes play four when guys go small, teams go small. I don’t see much of a difference, but I’m very comfortable playing both, I’ve been doing it for the past four or five years. It’s not really difficult to adjust to.’

He’s most likely going to play alongside Kings forward Keegan Murray.

The team announced Tuesday that Murray is progressing in his rehabilitation of a moderate left ankle sprain he suffered in their loss against the Milwaukee Bucks on Jan. 4.

‘Murray has been approved for on-court contact activities. He will be reevaluated in two weeks,’ the Kings said in a news release.

Hunter anticipates playing with Murray because their abilities to do some of the same things on the floor.

‘Playing with a guy like Keegan, he’s another versatile guy who can defend, who can shoot, who can score. I think it’ll be fun,’ Hunter said. ‘Definitely (exciting). Like I said, he’s another guy with size, another guy that guard one through four. As a guy that could do that, it’s always good to see another dude on the court that can help you out when you’re a little tired.’

Kings head coach Doug Christie was all smiles when discussing the acquisition of Hunter.

‘Super excited man,’ Christie told reporters. ‘The weather didn’t allow us to practice on the road, but got up and down a little bit. Watching him on the defensive end makes me smile. Elite length, athleticism, knowing that he can stretch the floor and shoot the three-ball, has midrange, like just a really, really good player. A smart player, very heady, as far as the communication. We’ll get him in a game, [I’m] excited to see him get out there.’

Christie, too, envisions a lineup that will feature both Hunter and Murray, when he’s back from injury. When asked about the possibility, he grinned from cheek-to-cheek.

‘Both of their size and athleticism allows you to you to guard across the board,’ Christie said. ‘They can switch if there’s a matchup that you like more. But definitely, his size and his ability to guard can keep Keegan at the three.’

He added: ‘I’m just excited to see them. When you think about it, you have two long wings, both of them can shoot the basketball, both of them can guard pretty much one through five, rebounding, cutting, midrange and they both play the right way, for the right reasons. They are team players. They’re going to move the basketball, move their body when we talk about next actions, when we talk about crashing [for rebounds] all of the little things that equate to winning, both of them do so really excited to see them out there together.’

Hunter said that he hadn’t had many interactions with Perry, Kings general manager, but was told by Perry that he had him on his radar for many years and that Perry ‘sees potential’ in him.

‘He knows a few people that I know. I heard through the grapevine what kind of guy he is and vice versa. I think that played a huge part in me coming here. I’m excited to get to know the guys and get acclimated to the city,’ Hunter said. ‘It was more so just talking about how he previously wanted me. In previous years but we at a different team so he couldn’t make it happen but he was just really glad that he could make this happen. He sees potential in me, he knows the things I can do, just looking to do that.’

Hunter is ready to work and provide a spark for Kings basketball. No one is asking more of Hunter than himself.

‘I have my own expectations,’ he said. ‘I feel like my own expectations are higher than what anyone else expects of me. I just try to hold myself to a standard.’

As far his new city and getting used to his surroundings, Hunter looks forward to seeing what Sacramento has to offer.

‘I never did much here honestly, so I don’t really know about the city,’ Hunter said about his knowledge of Sacramento as a visiting player. ‘I usually stay in the hotel because we usually come here on a long west coast trip. I’m excited to get out there and probably get some recommendations from some people on what to do and where to eat and stuff.’

This post appeared first on USA TODAY

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Lions fan files $100 million lawsuit after DK Metcalf altercation

Sport 3 Mins Read

Ryan Kennedy – the Detroit Lions fan who was shoved by Pittsburgh Steelers wide receiver DK Metcalf during an altercation at a Dec. 21 NFL game between the two teams – has filed a new lawsuit in Wayne County Court seeking $100 million in damages.

Kennedy’s lawsuit was filed on Feb. 3, according to the Detroit Free Press of the USA Today Network. The lawsuit names Metcalf, the Steelers, former NFL wide receiver Chad Johnson, Ford Field management and several media platforms for what he alleges is their role in making ‘defamatory and life altering statements’ about him after the incident.

Nine total counts are listed in the lawsuit. Included among those are two counts of defamation against Metcalf, Johnson, Shannon Sharpe’s company, Shay Shay Media, and one count of negligence against Ford Field.

Kennedy is also suing Metcalf for assault and battery and both the Steelers and Ford Field management for their liability in the incident.

‘Defendant Ford Field Management, LLC breached its duty by failing to establish or enforce adequate barriers, protocols, or security measures to prevent players from reaching into the stands and making physical contact with patrons,’ the lawsuit reads.

Kennedy and Metcalf’s altercation took place during the second quarter of the Detroit Lions’ Dec. 21 game against the Steelers. Metcalf was suspended two games for the incident, which saw him take a swipe at Kennedy after a brief conversation between the two.

‘He doesn’t like his government name,’ Kennedy said. ‘I called him that and then he grabbed me and ripped my shirt. I’m a little shocked. Like everyone’s talking to me. I’m a little rattled, but I just want the Lions to win, baby.’

But on Sharpe and Johnson’s ‘Nightcap’ podcast released Dec. 22, Johnson relayed that Metcalf told him Kennedy had used a racial slur against Metcalf and a misogynistic slur aimed at the wide receiver’s mother.

Kennedy steadfastly denied those allegations at a press conference regarding the incident on Dec. 26.

‘I guess want to be crystal clear about one thing: I didn’t use any racial slurs, no hate speech, none of that stuff at the game,’ Kennedy said. ‘Actually, never. Fifteen years as a season ticket holder for the Lions, I’ve never done that at all.’

Kennedy – who is being represented by Jon Marko – continues to deny that allegation in the lawsuit.

‘The statements were false and reckless,’ the lawsuit reads. ‘Plaintiff Kennedy did not call Defendant Metcalf the ‘N-word’; did not call Defendant Metcalf mother a ‘c—‘; and did not ever use any racial slurs or hate speech whatsoever … Defendant Metcalf provided false information to Defendant Johnson about what Plaintiff Kennedy allegedly said, thereby instigating and authorizing the publication of the defamatory and reckless statements which were intended to harm Plaintiff Kennedy.’

In addition to the $100 million Kennedy is seeking in damages, he is also seeking a ‘full public retraction and correction of defamatory statements’ from Johnson and Sharpe.

This post appeared first on USA TODAY

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Injured Olympic hockey forward, goalie replaced

Sport 1 Min Read

Tampa Bay Lightning center Anthony Cirelli, who was injured in the Stadium Series game, will miss the 2026 Winter Olympics.

He was replaced by Team Canada by Florida Panthers center Sam Bennett, who won the Conn Smythe Trophy as 2025 playoff MVP. He is currently day-to-day with an injury.

Cirelli left Sunday’s game after being hit by the Boston Bruins’ Mark Kastelic.

Injured Buffalo Sabres goalie Ukko-Pekka Luukkonen was also ruled out for the Olympics. He was replaced by Bruins goalie Joonas Korpisalo.

The USA’s Seth Jones (Florida), Sweden’s Jonas Brodin (Minnesota) and Leo Carlsson (Anaheim) and Philadelphia’s Rodrigo Abols (Latvia) earlier were replaced because of injury.

Here are other NHL Olympians who are currently out with injury, with Olympic status to be determined:

USA: Jack Hughes (New Jersey).

Canada: Brayden Point (Tampa Bay), Brad Marchand (Florida), Logan Thompson (Washington).

Sweden: Gabriel Landeskog (Colorado), Elias Lindholm (Boston).

Czechia: Martin Necas (Colorado), Pavel Zacha (Boston).

Finland: Anton Lundell (Florida).

France: Alexandre Texier (Montreal).

This post appeared first on USA TODAY

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Miami Ohio basketball avoids another upset, remains undefeated

Sport 2 Mins Read

This time it came down to a missed fadeaway 3-pointer from Buffalo’s Ryan Sabol to win 73-71 after the 24th-ranked Redhawks (23-0, 11-0 in MAC play) were unable to go up 5-points on a pair of missed free throws from Luke Skaljac, who finished with a team-high 19 points on 9-of-15 shooting from the field and five steals, four rebounds and three assists.

It’s the second time in the last two and a half weeks that Miami was able to escape an upset against Buffalo.

The way Miami’s game played out — a missed free throw and having the other team go short on a game-winning 3-point attempt — was its second close call in the last seven days, with the other being an 86-84 win over UMass on Tuesday, Jan. 27.

It also marked the fourth single-digit win in the last five games for the Redhawks, with two of them coming against the Bulls.

‘The results will take care of themselves if our process is right,’ Miami coach Travis Steele told USA TODAY Sports’ Craig Meyer recently on the Redhawks’ run. ‘It may not always happen immediately, but eventually it will figure itself out. That’s why our guys have been so loose. We feel no pressure, none. Our guys are enjoying it. We’re having fun on this journey together.’

Miami will look to extend its 23-game win streak on the road in Huntington, West Virginia against Marshall at 4 p.m. ET on Saturday, Feb. 7.

Miami Ohio basketball 2026 schedule

Here’s who the RedHawks have left on their schedule:

All times Eastern

  • Feb. 7: at Marshall, 4 p.m. (ESPN+)
  • Feb. 13: vs. Ohio, 8 p.m. (ESPNU)
  • Feb. 17: at UMass, 7 p.m. (ESPN+)
  • Feb. 21: vs. Bowling Green, 3:30 p.m. (ESPN+)
  • Feb. 24: at Eastern Michigan, 6:30 p.m. (ESPN+)
  • Feb. 28: at Western Michigan, 2:30 p.m. (ESPN+)
  • March 3: vs. Toledo, 7 p.m. (ESPN+)
  • March 6: at Ohio, 7 p.m. (ESPN+)
  • March 12-14: MAC Tournament, at Cleveland

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Fanatics forced to apologize after fan outcry over Super Bowl jerseys

Sport 3 Mins Read

This year’s Super Bowl matchup between the New England Patriots and Seattle Seahawks was not predicted by many NFL fans before the season began, and it’s become a problem for the league’s exclusive supplier of Nike adult products and one of the country’s largest online apparel retailers.

Fanatics issued an apology on Monday, Feb. 2, ahead of Super Bowl 60 after complaints about jersey availability and quality from Seahawks and Patriots fans. The backlash even sparked an #endfanatics hashtag on social media with consumers posting photos of jerseys that were allegedly of poor quality.

The company eventually acknowledged it could not keep up with demand in recent weeks, but pushed back on alleged issues regarding product quality associated with its Super Bowl gear.

‘We’ve let Patriots and Seahawks fans down with product availability – we own that and we are sorry,’ Fanatics said in a statement posted to social media.

The company went on to note that this predicament is, in part, due to the limited on-field expectations the Seahawks and Patriots had before the season began.

‘This Super Bowl matchup has created unprecedented challenges for us because of the massive surge in demand we saw from Patriots and Seahawks fans,’ Fanatics wrote. ‘Both teams went from missing the playoffs last season to being in the Super Bowl, an incredibly rare occurrence that led to these two fanbases buying nearly 400% more jerseys since Thanksgiving vs. last year. Even though we ordered substantially more jerseys for these teams than ever before, we’ve struggled to meet the overwhelming demand to keep team color jerseys in stock, which we know is your expectation. As sports fans, we understand your frustration and we will work tirelessly to be better.’

But Fanatics emphasized that its available alternate jersey options are identical to its standard Nike replica game jerseys, ‘despite some unflattering photos’ featured on social media. Fanatics added customers can still return any product they’re not fully satisfied with free of charge, as has been the company’s long-standing policy.

The NFL and Fanatics agreed to a 10-year partnership in 2018 that granted Fanatics exclusive consumer product licensing rights to manufacture and distribute all Nike NFL adult products (jerseys, sideline apparel and fan gear) sold through the retail community, including NFLShop.com and NFL teams. The NFL has also invested more than $400 million in Fanatics over the past decade.

This post appeared first on USA TODAY

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10 Biggest EV Stocks to Watch in 2026

Investing 12 Mins Read

The energy revolution is here to stay, and electric vehicles (EVs) have become part of the mainstream narrative.

The shift toward green energy is gathering momentum, with governments adding more incentives to accelerate this transition. Increasing EV sales are good news for battery metals investors, as EVs are significant drivers for commodities such as lithium, cobalt and graphite, key components in the cathodes of EV batteries. Additionally, interest in EV options outside of Tesla is heating up, and Chinese EVs are increasing in popularity outside of the country.

Read on to learn about the top US and Chinese EV stocks, and the batteries and battery suppliers they’re using for their current and upcoming models.

1. Tesla (NASDAQ:TSLA)

Market cap: US$1.62 trillion

First on the list is EV maker Tesla, which has brought significant attention to the EV narrative.

The company’s story starts in 2003, when it was founded by Martin Eberhard and Marc Tarpenning. Elon Musk invested in the company in 2004, becoming the largest shareholder, and eventually became its CEO in 2008. A well-known story for battery metals investors, the company made headlines in 2014 when it broke ground at its first gigafactory in Nevada, US, an unthinkable proposition at the time.

Outside of the US, Tesla also has gigafactories in China and Germany. Tesla’s massive Shanghai Gigafactory was the company’s first auto plant outside of the United States. The company produces Model 3s and Model Ys for China and global export.

Tesla uses a range of different lithium-ion batteries in its models. In partnership with Panasonic (TSE:6752), at its Nevada gigafactory Tesla produces batteries with nickel-cobalt-aluminum (NCA) cathodes — different from most of Tesla’s competitors, which use a nickel-cobalt-manganese (NCM) mix.

Tesla announced in 2021 that it was changing the battery chemistry for its standard-range vehicles to lithium-iron-phosphate (LFP) cathodes, which are cobalt- and nickel-free. China’s largest battery maker, CATL (SZSE:300750), is a key supplier of LFP batteries for Tesla, particularly for the Shanghai and Berlin gigafactories.

Changes in US tariffs on EVs made or sourced in China have impacted Tesla’s business, leading the company to try diversifying its supply chain. Last year, South Korea’s LG Energy Solution (KRX:373220) signed a US$4.3 billion deal to supply Tesla with LFP batteries from its factory in Michigan, US, starting in 2027.

On the other hand, Tesla’s prime EV position got a boost in the first quarter of 2026 Canada announced it would allow imports of up to 49,000 Chinese-made EVs per year, and lowered tariffs on them from 100 to 6.1 percent. Half of that quota could apply to Tesla’s EVs made in Shanghai, while the other half is dedicated to EVs priced under C$35,000.

Image via Tesla.

2. BYD Company (OTCPK:BYDDY,HKEX:1211)

Market cap: US$116 billion

Leading Chinese EV maker BYD Company was founded in 1995 and is a top producer of several kinds of rechargeable batteries, including nickel-metal hydride batteries and NCM batteries. BYD has a vertically integrated supply chain, from mineral battery cells to battery packs.

Backed by Warren Buffett, in 2020 BYD officially launched its Blade battery, a less bulky LFP battery. The following year, the company announced that it would use the Blade LFP batteries for all of its pure electric models.

In April 2025, BYD released two new EV models, the Han L sedan and Tang L SUV, based on its new Super e-platform, which allows users to add 400 kilometers (248 miles) of range in five minutes of charging, and charge to 100 percent in 20 minutes.

BYD’s range of models include low-cost options such as the Seagull and Dolphin. Because of this, the company stands to benefit from Canada’s decision to allow imports and slash tariffs for up to 49,000 Chinese EVs per year, half of which must be under C$35,000.

For the first time, in 2025, BYD overtook Tesla as the world’s biggest EV seller in terms of annual sales. BYD sold 2.25 million units for the year, up 28 percent over 2024, compared to the 1.64 million units sold by Tesla in 2025, down 9 percent from the previous year.

Image via BYD.

3. Rivian Automotive (NASDAQ:RIVN)

Market cap: US$18.08 billion

Founded in 2009 in Florida, US, Rivian designs, develops and manufactures EVs and accessories and sells them directly to customers in the consumer and commercial markets.

The US company is based in Irvine, California, and manufactures its vehicles in Illinois.

The carmaker announced plans to use cells made with LFP chemistries for its standard-level vehicles in 2022, and in 2023 announced plans to switch its entire lineup to this type of battery. South Korea’s Samsung SDI (KRX:006400) and LG Energy Solutions are Rivian’s current battery suppliers.

Last year, the company revealed e-scooters to market through its spinoff electric micromobility company named Also. The scooters are expected to hit the market in mid-2026. It has plans to launch a three-wheel EV line as well.

In early January 2026, Rivian reached a major milestone toward full-scale production of its new R2 with the manufacturing of validation builds at its plant in Illinois. This latest reiteration will be priced starting at US$45,000, with first deliveries slated for the first half of this year. Rivian sold 42,247 EVs in 2025.

Image via Rivian.

4. XPeng (NYSE:XPEV)

Market cap: US$17.49 billion

Xpeng is a Chinese EV maker focused on smart EVs. The company’s main manufacturing plant is located in Guangdong province.

Xpeng now uses LFP batteries for 99 percent of its EV lineup. CALB (HKEX:3931) is Xpeng’s largest battery supplier, and its other suppliers include CATL, BYD, Sunwoda Electronic (SZSE:300207) and EVE Energy (SZSE:300014).

Last year, the company showcased its 2025 XPENG X9 flagship vehicle, with self-driving capabilities powered by Xpeng’s self-developed Turing AI chip. At the same time, Xpeng unveiled its AEROHT Land Aircraft Carrier, slated for mass production in 2026. The company bills it as ‘the world’s first modular flying car.’

XPeng’s 2025 EV sales reached 429,445 units. The company has ambitious goals for 2026, aiming to sell between 550,000 and 600,000 EVs during the year. XPeng is launching four new SUV models this year: the XPeng G01 and XPeng G02, as well as two models from the Mona series, the D02 and D03.

Image via Xpeng.

5. Li Auto (NASDAQ:LI)

Market cap: US$17.03 billion

Li Auto bills itself as a pioneer in successfully commercializing extended-range EVs in China, and is a leader in China’s full-size and large SUV markets. The company started volume production of its first model, Li ONE, in November 2019, and launched its initial public offering in July 2020, raising US$1.1 billion.

Li Auto has battery supply agreements with CATL, Sunwoda Electronic and SVOLT Energy Technology.

One of the main differences between Li Auto and the other companies on this list is that Li Auto’s models allow battery pack charging with electricity or gas. The company calls this design extended-range EV technology.

Li Auto launched its first all-electric car, Li MEGA MPV, in 2024. In 2025, the company followed that with its second all-electric vehicle, the i8 SUV, which uses an NMC battery and maxes out at 536 horsepower. Li Auto also broadened its markets last year, launching three core models (Li L9, Li L7 and Li L6) in Egypt, Kazakhstan and Azerbaijan.

Li Auto achieved a significant milestone in 2025, with annual sales surpassing 1.5 million units. This made it “the first among China’s new EV startups to reach that mark,” according to the company’s Chairman and CEO Li Xiang.

Image via Li Auto.

6. NIO (NYSE:NIO)

Market cap: US$10.36 billion

Founded in 2014, Chinese EV maker NIO designs, jointly manufactures and sells smart and connected premium EVs.

NIO’s strategy includes its battery-as-a-service endeavor, a subscription purchasing model where buyers lease vehicle batteries. The company says the idea behind this move is to reduce vehicle costs. The service is run by a battery asset company, with NIO and leading battery maker CATL owning a stake. CATL is already NIO’s sole battery supplier.

The company has built battery swap stations that allow drivers with low batteries to pull up and have it swapped for a full battery within minutes. Its fifth generation swap stations are expected to roll out starting in 2026.

In September 2021, the company introduced a standard-range hybrid-cell battery that combines NCM and LFP cells. NIO is also offering the world’s longest-range semi-solid-state battery on a rental basis through its partnership with Beijing WeLion New Energy Technology.

In 2024, NIO launched its newest EV brand, Firefly, in China. The first model in this brand is a small car for city dwellers who struggle with finding convenient parking, as it can locate available spots and use parking assist to maneuver into them. Drivers are also be able to access the above-mentioned battery swap program.

NIO reported 2025 vehicle sales of 326,028 units, an increase of 46.9 percent year-over-year. Launched in September 2025, its flagship ES8 SUV became the fastest-selling EV in China in its price category by the end of the year. The company plans to bring three new large SUV models to the market in 2026, and expand into Australia and New Zealand in the second half of the year.

Image via Nio Newsroom.

7. VinFast Auto (NASDAQ:VFS)

Market cap: US$7.72 billion

VinFast Auto, Vietnam’s first global automotive manufacturer, is a multinational EV manufacturer producing both affordable and luxury EVs. The company’s lineup also includes an electric pickup truck known as the VF Wild.

VinFast has showrooms and service centers in North America, including in 14 US states and the Canadian provinces of Ontario, British Columbia and Québec.

Vietnam is the EV maker’s largest market, and it significantly expanded its footprint in Asia in 2025, adding numerous showrooms in the Philippines, Indonesia and India. Last year, the company brought a new manufacturing facility online in India and opened its first Indonesian assembly plant in December. It is scheduled to scale up production and launch new models, including electric two-wheelers, in 2026.

Image via VinFast.

8. Zhejiang Leapmotor Technology (OTC Pink:ZJLMF,HKEX:9863)

Market cap: US$7.58 billion

The Leapmotor brand first launched in China in 2017. The EV manufacturer designs and supplies its own battery packs for its vehicles.

Major auto maker Stellantis (NYSE:STLA) became a 20 percent shareholder in late 2023. The following year, the two entities formed the 51/49 joint venture company Leapmotor International, in which Stellantis holds the controlling interest. The joint venture is focused on selling and manufacturing Leapmotor vehicles outside of China.

The company’s current models in the market include seven seater SUV C16, mid-size crossover SUV C10, smart electric SUV C11, smart-tech C11 SUV, compact SUV B10, the new B01 sedan and T03 city EV.

Leapmotor unveiled its B01 electric sedan in April 2025. The vehicle is powered by LFP batteries from Gotion High-tech, CALB and Zenergy.

At the 2026 Brussels Motor Show, Leapmotor showcased the three EVs it has launched in Europe since expanding into the market: the B03X compact electric SUV, the B05 hatchback and the B10 range-extended electric vehicle.

Image via Wikimedia Commons.

9. Lucid Group (NASDAQ:LCID)

Market cap: US$3.59 billion

Headquartered in California, Lucid Group was founded in 2007 and produces luxury electric cars. The company’s first car, Lucid Air, is a state-of-the-art luxury sedan that is being produced at its US factory in Casa Grande, Arizona.

In April 2025, Lucid announced the acquisition of select Arizona-based facilities and assets of battery and fuel-cell EV company Nikola Corporation.

Lucid Motors uses high-performance Panasonic battery cells for its long-range electric vehicles. These cells are currently manufactured in Japan, but the company is transitioning to using batteries from Panasonic’s new facility in Kansas by mid-2026 to avoid Trump’s import tariffs.

Lucid plans to launch a full-scale manufacturing facility in Saudi Arabia in 2026, with an annual capacity of 150,000 vehicles by 2029.

The company’s Gravity SUV was named Esquire’s 2026 Car of the Year.

Image via Lucid.

10. Polestar Automotive (NASDAQ:PSNY)

Market cap: US$1.41 billion

Sweden-based electric performance car brand Polestar is owned by Geely Automobile Holdings (OTC Pink:GELYF,HKEX:80175). Up until early 2024, Volvo Cars was also a part owner, but it decided to hand Polestar entirely over to Geely to operate as an independent brand, attributing the move to slowing global demand for EVs.

Polestar’s current lineup includes the five door liftback Polestar 2, the luxury performance Polestar 3 SUV, the Polestar 4 compact coupe SUV and the Polestar 5 performance sedan, the last of which was released in 2025. The company is also planning the Polestar 7 compact SUV and the Polestar 6 roadster.

Polestar has experienced some difficulties in the last couple years, including software challenges in 2023 that caused delays in the rollout of the Polestar 3. In 2024, the company recorded a 15 percent drop in deliveries.

The EV maker’s bad luck seems to be turning around in 2025. Polestar sold a record 60,119 vehicles during the year, a 34 percent improvement over 2024.

This is in part thanks to Polestar’s efforts to capitalize on Tesla’s struggles with Musk and its brand image. In February 2025, Polestar began offering Tesla owners in the US and Canada discounts of up to $20,000 on new leases of its models. Its Q1 2025 sales jumped 76 percent year over year.

Image via SlashGear.

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

This post appeared first on investingnews.com

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When Will Silver Stocks Catch Up to the Silver Price?

Investing 6 Mins Read

The silver price remains historically high despite a recent pullback, and many silver stocks haven’t kept pace.

Silver’s strong performance over the past year is the result of a perfect storm of factors, including an entrenched supply deficit, growing industrial demand, a weakening US dollar and deepening geopolitical and economic uncertainty.

For these reasons, investors are flocking to silver for both its safe-haven status and its developing role as a critical metal in energy, artificial intelligence and defense technologies.

As of early February, the silver price was trading in a range of US$70 to US$80 per ounce, while the Amplify Junior Silver Miners ETF (ARCA:SILJ) was trading between about US$31 to US$32 per share.

SILJ tracks small-cap and mid-cap producers, developers and explorers that derive most of their revenue from silver. The profit margins of this segment of the silver-mining industry are the most sensitive to rising silver prices, hence SILJ tends to outperform the price of physical silver during bull markets.

Why is there a lag between the silver price and silver stocks?

During a presentation at the Vancouver Resource Investment Conference (VRIC), held from January 25 to 26, Peter Krauth, editor of Silver Stock Investor and Silver Advisor, looked at the performance of silver stocks relative to the price of physical silver, honing in on the silver-mining exchange-traded funds.

‘So we actually have had negative leverage in silver stocks versus silver. If you look back over one year, two years, we’re essentially even. You’ve gotten no reward for taking on additional risk by being in the silver stocks.’

Why are silver stocks, particularly those on the SILJ, lagging behind the performance of the physical metal?

Krauth explained that valuation models for these stocks are still factoring in silver prices at US$25 to US$30, even though last quarter the price was averaging around US$70 per ounce. “They essentially almost all need to be revalued because silver is so much higher, and that hasn’t happened yet,” he said.

“I think they’re going to have to redo their calculations for gold and silver miners.”

“That caps their earnings. Well, the good news for speculators, investors and mining stocks is that those hedges expire,” said Penny, who believes that the relative outperformance of the silver stocks to the silver price will “kick in soon.’

When will silver stocks catch up to the silver price?

Penny is looking for those hedges to expire over the first few quarters of the year.

“Then that’s where these mining stocks, the profits are just going to go through the roof. I mean, even if we pull back to the mid US$60s — not expecting that — but even if that were to happen, these mining stocks are not pricing in US$60 silver. They’re still pricing in sub-US$50 silver. So a lot of upside potential here for the mining stocks,” he said.

Barton is also looking for a move sooner rather than later, especially with earning calls coming up.

“I think we have a catch-up trade coming. I think it’s coming soon. So if no one has taken advantage of this yet, I think you need to act like now,” said Barton, who later added, “Assuming the silver price could stay above, you know, US$75 an ounce or so, that should blow out expectations. And I think it’ll be a really nice trade. I really do.”

But that won’t be the end of the party for silver. Krauth sees strong potential over the next two or three years for a “dramatic run” for the silver sector. And like his peers, he sees that run starting soon.

“I think what we’re going to see is over the next few quarters, as those projects, producers, cashflows, get revalued at higher input prices, we’re going to see the profit margins really explode and expand,” he said. “We’re going to see when those numbers get reported, the market is going to start to appreciate that and start to re-rate a lot of these stocks.”

Rick’s rules for silver sector profits

Rick Rule, investment guru and proprietor at Rule Investment Media, is already making plays in this latest silver bull market, leveraging the profits he’s made in physical silver to better position himself for the next stage.

“My reasoning being as follows: if silver goes nowhere for a year, if it stays rangebound, the best silver producers are discounting US$45 silver a year from now, if the price is at US$75 or US$80 they’ll be discounting US$75 or US$80 silver, which means the stock will be up 50, 60, 70 percent,” he explained.

“The speculative outlook for the silver stocks seemed to be better than the speculative outcome for silver. If silver stays flat for a year, by definition, silver won’t give me any return. But if it stays flat, the silver stocks would give me 50 or 60 percent so it was a better speculative outcome,’ Rule added.

What did he do with the rest of his gains from his physical silver investment? He parked 25 percent in physical gold. “That’s how I save. I maintain liquidity in US currency, and I save in gold,” said Rule.

The other 25 percent went into oil and gas stocks. “As you know, my motto is that I buy hate and I sell love. Silver was loved, so I sold it. Oil and gas were hated, so I bought it.”

Both Krauth and Barton are on board with Rick’s Rules for silver investment.

“(Rule) has had for a long time a significant position in physical silver, and has sold a good portion of that because he is looking for value all the time and not sitting still. And he decided that those proceeds were going to go to where he saw value,” said Krauth. “And that’s part of my thesis going forward as well — that the value, or the unrealized value, in the silver space is now, especially in the miners.”

Barton also sees value in this strategy. “I have been selling some physical silver, and I’ve been putting it into oil stocks, and I’ve been putting it into gold and silver miners because they have not played that catch-up trade, right?,” he said. “Spot gold and silver are relatively expensive compared to very good silver and very good gold miners. So that could be a place where you could take some profits and rotate into the next leg up.”

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

This post appeared first on investingnews.com

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