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On Day 5 of Ryan Routh’s federal trial, jurors heard from prosecutors who presented evidence they said connected Ryan Routh’s clothing and belongings to the alleged sniper’s nest at Trump International Golf Club during the alleged assassination attempt last year.

FBI Special Agent Jose Loureiro walked jurors through photos they argued tie Routh’s clothing to the scene. Images showed Routh in a long-sleeve pink shirt, pants and leggings. 

Prosecutors highlighted a red stain on the pants and compared it to red paint on a bag recovered at the sniper hide, suggesting a direct link between the defendant and the site. They also displayed a blue Harbor Freight flashlight recovered from the area.

Routh’s cross-examination was brief. 

‘Fortuitous that the blue flashlight with the name on it landed straight up on it?’ he asked.

‘I wouldn’t know,’ Loureiro replied. Routh asked no further questions.

Also on Friday, Lt. William Gale, commander of the Palm Beach County Sheriff’s bomb squad, testified he was monitoring radio traffic when he heard a panicked voice yell, ‘Shots fired, shots fired, shots fired!’ 

He said he crawled through hedges near the sixth hole of Trump International Golf Club and found ‘two backpacks hanging on the fence, a rifle leaning on the fence and a GoPro-type camera zip-tied to the fence.’ 

On the ground nearby, he said, were Vienna sausages, the same brand prosecutors said they tied to a selfie Routh allegedly took hours before. Routh declined to cross-examine him.

Sgt. Kenneth Mays, a tactical officer with the sheriff’s office, also took the stand and described forcing his way into ‘pretty thick’ brush and finding a rifle and bags clipped to the fence in a spot that ‘looked like someone had been in there.’ On cross-examination, Routh quizzed him on how AK-47 rifles function, repeatedly interrupting with, ‘right, right, right.

Before the lunch break, jurors also heard from FBI Special Agent Kathryn Rose, who spent about an hour on the stand. Prosecutor Maria Medetis Long walked her through a series of exhibits, including the rifle itself, which was still sealed in its evidence box and cut out with scissors, as well as the magazine, the single bullet left in the chamber, the black metal plates, two bags that had been spray-painted a different color and the GoPro-style camera. 

When Judge Aileen Cannon asked jurors if they wanted a closer look at any of the evidence, they declined. 

The day began with FBI forensic specialist Erin Casey, who guided jurors through drone footage, laser scans and animated ‘fly-through’ reconstructions of the alleged sniper nest. She testified the hideout was ‘126 feet and 10 inches from the flag on the sixth green.’ 

Routh has pleaded not guilty to federal charges, including attempted assassination of a former president, assault on a federal officer with a deadly weapon and multiple firearms offenses. U.S. prosecutors allege he plotted for months, traveled from Hawaii to Florida and positioned himself at Trump International Golf Club with a rifle chambered and ready to fire on Sept. 15, 2024.

Court was still underway Friday afternoon, with additional FBI witnesses expected. Cannon told jurors proceedings are scheduled to run until 5:30 p.m. daily. Court will resume Monday with prosecutors expected to continue calling FBI witnesses as they build their case.

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Former White House press secretary Karine Jean-Pierre told House investigators that she did not see a change in former President Joe Biden’s competency over several years, but she acknowledged that he was ‘not the same speaker he was when she met him.’

Jean-Pierre was the latest in a string of former Biden White House officials to be interviewed by House Oversight Committee investigators over an alleged cover-up of the ex-president’s mental acuity.

She did not speak to reporters on her way into the interview just off Capitol Hill, nor did she speak after the nearly five-hour, closed-door transcribed interview.

But a source familiar with the interview shared with Fox News Digital that Jean-Pierre told investigators that while working for Biden in various capacities from 2009 to 2025, ‘she did not see a change in President Biden’s competency.’

‘She did acknowledge President Biden is not the same speaker he was when she met him,’ the source noted.  ‘She does not know why his speaking changed and never asked him.’

Jean-Pierre, who is one of the most high-profile figures from the Biden administration to appear before the committee, was among those who publicly defended Biden after his June 2024 debate against then-presidential candidate Donald Trump.

During the debate, Jean-Pierre said she was told by ‘senior staff that President Biden had a cold,’ the source said.

Shortly after the debate, she told reporters at a press briefing in early July that Biden was ‘as sharp as ever.’

Jean-Pierre told investigators that talking points were entered into her binder for press briefings by ‘various advisors,’ but specifically ones related to Biden’s health and mental acuity ‘were handled exclusively at the senior level.’

She cited the ‘cheap fakes’ talking point, which at the time, Jean-Pierre charged were people online manipulating videos of Biden to mislead the public on his health and cognitive ability. She told investigators that point in particular ‘appeared as a talking point in her binder, but she does not know specifically who added it.’

She also said that she never spoke with anyone in the White House ‘personally concerned about President Biden’s health.’

Jean-Pierre began her role as White House press secretary in 2022, shortly after former White House press secretary Jen Psaki left the position, and she stayed on until the end of Biden’s presidency in January.

But her relationship with Biden-world became estranged after her departure from the Democratic Party earlier this year, which was announced in a press release for her forthcoming book, ‘Independent: A Look Inside a Broken White House, Outside the Party Lines.’

Jean-Pierre’s appearance before investigators came as House Oversight Committee Chair James Comer, R-Ky., said earlier this week that his panel’s ongoing probe into Biden’s use of an autopen was coming to its conclusion.

The focus in particular was whether top officials engaged in a cover-up of Biden’s mental and physical state in the White House, and whether any executive actions or a litany of pardons were approved via autopen without the then-president’s full awareness.

Comer said heading into the hearing that one of the questions at the top of his mind were whether ‘these pardons and executive orders [are] legal?’

‘I don’t think anyone’s going to argue that the process that was used for these autopens is the ideal process,’ Comer said. ‘And what we’ve seen with the emails that have surfaced in the last week — even the Merrick Garland Department of Justice was very concerned about how this administration was using the autopen.’

‘When people in the Department of Justice email people who they believe were the ones making the decisions on the autopen,’ he continued. ‘And asked the question via email from the Department of Justice, ‘Does the president even know who they just pardoned?’ I mean, that’s very concerning.’ 

Fox News Digital reached out to Jean-Pierre’s lawyers and Biden’s office but did not immediately receive a response.

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Lawmakers are divided on whether to tone down heated rhetoric after conservative activist Charlie Kirk was shot and killed at Utah Valley University on Wednesday, reigniting debate over the role fiery language plays in America’s surge of political violence.

Political violence has been a steady constant in recent years, including a pair of assassination attempts against President Donald Trump in 2024 and the slaying of a Democratic state lawmaker in Minnesota earlier this year.

Kirk’s death has again reignited the discussion on what role political rhetoric, be it inside the walls of Congress or around the country, has to play in political violence in the U.S.

‘This is on all of us, right?’ Rep. Jared Moskowitz, D-Fla., told Fox News Digital. ‘I mean, you know, everyone’s been ramping up the rhetoric, right?

‘If the left is going to blame the right, and the right is going to blame the left, and we’re going to continue to say ‘It’s your fault,’ and we’re not collectively going to try to bring it down together, then this cycle is just going to continue to go on.’

And Republican leaders are hoping to turn the temperature down in Congress in the wake of Kirk’s death.

‘I’m trying to turn the temperature down around here,’ House Speaker Mike Johnson, R-La., said. ‘I always do that. I’ve been very consistent.’

Senate Majority Whip John Barrasso, R-Wyo., told Fox News Digital he believed reining in hostile or divisive rhetoric is ‘always a conversation with people in leadership.’

‘And it should be in both parties to make sure that you don’t incite this kind of an activity,’ he said.  ‘And you just don’t know somebody, and based on their mental health, what kind of activity they may — what role that may play in this. We still don’t know what’s happened here.’

Some lawmakers fear that the escalation in political violence has America returning to the violent and chaotic time of the 1960s, which saw the assassinations of civil rights leaders Dr. Martin Luther King Jr., Medgar Evers, John F. Kennedy and his brother and presidential hopeful Robert F. Kennedy, among others.

‘The message was love and not violence,’ Rep. Glenn Ivey, D-Md., said of the turmoil in the 1960s. ‘So, you know, returning to a message like that could be good, but it didn’t change the outcome of the assassinations during that era. So, I don’t know that there’s an easy answer.’

Still, emotions were running high on the Hill in the days following the shooting at Utah Valley University, which resulted in a two-day manhunt and the eventual arrest of 22-year-old Tyler Robinson.

When asked how much of a role rhetoric had to play in Kirk’s slaying, Rep. Ralph Norman, R-S.C., said, ‘A lot.’

‘You say you’re a Nazi and a fascist and a threat to democracy, how does that help? If you disagree on issues, that’s one thing, but [you’re] not saying that,’ Norman said. ‘The left is a poster child.’

Sen. Bernie Moreno, R-Ohio, told Fox News Digital he had known Kirk for a decade and noted that the late founder of Turning Point USA ‘stood for the open exchange of ideas.’

‘I think what we have to learn from that is that we need to go back to the principles that built this country, which is that it is actually a positive and healthy thing to debate ideas,’ Moreno said. ‘We don’t have to be mad at each other because we have a different point of view, let alone escalate the violence.’

But Moreno noted that for the last decade, Trump and Republicans like himself have been compared to Adolf Hitler, Nazi sympathizers and fascists, ‘which the Democrats do every single day.’

‘What’s the problem?’ Moreno said. ‘Like, you signed up for politics, you got to be able to have a thick skin. It’s not about that. It’s about that you send a message to crazy people, that says, ‘You’re actually doing a good deed if you kill somebody who would otherwise be a Nazi and a fascist who will end our democracy.”

Trump put the blame, in part, on Democrats in an address to the nation on Wednesday night, where he charged that ‘those on the radical left have compared wonderful Americans like Charlie to Nazis and the world’s worst mass murderers and criminals.’

He repeated that sentiment during an appearance on ‘Fox & Friends’ Friday morning when he was asked about radical elements on the conservative side of the aisle.

‘I’ll tell you something that’s gonna get me in trouble, but I couldn’t care less,’ Trump said. ‘The radicals on the right oftentimes are radical because they don’t want to see crime. The radicals on the left are the problem.’

When asked for his response to Trump’s address, Senate Minority Leader Chuck Schumer, D-N.Y., said, ‘This is a time that all Americans should come together and feel and mourn what happened.

‘Violence affects so many different people, so many different political persuasions,’ he said. ‘It is an infliction on America, and coming together is what we ought to be doing, not pointing fingers to blame.’

This post appeared first on FOX NEWS

The horror that unfolded at Utah Valley University is still hard to process. A few minutes into a joyous meeting before thousands of people, conservative activist Charlie Kirk was gunned down in cold blood. 

As they tried to make sense of this senseless murder, the broadcast networks roughly suggested that Kirk was shot because he was ‘polarizing.’ ABC correspondent Kyra Phillips explained that Kirk was ‘known for his outspoken views on politics, culture, religion, often taking his messages to colleges and universities, sparking sometimes pretty heated debates on campus.’ 

Reporter Aaron Katersky added, ‘there were people on both sides debating whether he should even be allowed to bring his message, often loyal to the agenda of President Trump, to campus.’ White House reporter Mary Bruce doubled down: ‘It’s no secret that Kirk has said a number of controversial things over the years, in particular about DEI, Jews, women, LGBTQ community, people of color.’ 

As Kirk was bleeding out, ABC News was suggesting this was how ‘pretty heated debates’ ended on campus, and that maybe it wouldn’t have happened if Kirk’s ‘controversial’ appearance hadn’t been ‘allowed.’ 

Leftists surely found Kirk’s conservative arguments ‘polarizing’ ‘divisive,’ and ‘controversial.’ But they seem to lack any introspection inside the liberal bubbles of their ‘news’ networks. Spreading their leftist arguments on DEI or LGBTQ or abortion or Trump — often implying that dissent is unacceptably hateful — somehow never polarizes people and is somehow the opposite of controversy. How can their sweet reason be ‘controversial?’ 

By the time the Wednesday evening newscasts came on, there was an appropriate tone of horror at the shooting. But on Thursday, ‘CBS Mornings’ co-host Nate Burleson told former House Speaker Kevin McCarthy that Kirk’s speech was ‘offensive to specific communities’ and asked if Republicans needed to watch their mouths. ‘Speaking of this tragedy, is this a moment for your party to reflect on political violence? Is it a moment for us to think about the responsibility of our political leaders and their voices and what it does to the masses as they get lost in misinformation or disinformation that turns into and spills into political violence?’ 

McCarthy tried to stay on a unifying message, but Burleson’s question was ‘offensive to specific communities,’ in this case the Trump-voting half of America. Everyone who agreed with Kirk on many issues felt like this could have been the violent fate of any conservative speaker out in public, especially on ‘progressive’ campuses. 

Kirk’s alleged assassin was not a Republican. CBS didn’t wonder if the shooter had been influenced by wild leftist rhetoric from any kind of media or political figure. The rhetoric of the Left is somehow always above scrutiny. 

The morning after the murder, NPR turned to Kyle Spencer, a leftist author of a 2022 book about ‘The Untold Story About America’s Ultraconservative Youth Movement And Its Plot For Power.’ She claimed ‘Charlie really positioned himself as somebody who was supporting Whiteness, White people, White culture and the White culture of this country against what he saw as efforts that were efforts to create equity in the country and to support the disenfranchised.’ 

‘Public’ broadcasting is deeply suffused with the ‘DEI ethic’ that they must ‘center the marginalized,’ and so anyone who opposes the Black left should be marginalized as a far-right racist fringe. But they loved Black Lives Matter and their racial ‘reckoning’ in 2020. 

As news bubbled up that there were political markings on the shooter’s ammunition, on Thursday’s ‘World News Tonight’ on ABC, they took the reports of ‘anti-fascist’ and pro-transgender messaging and dumbed them down. Matt Gutman could only say law-enforcement sources found ‘a high-powered rifle wrapped in a towel, and three unspent cartridges inscribed with words and symbols. Tonight, authorities [are] working on what the markings might mean.’ 

Leftists surely found Kirk’s conservative arguments ‘polarizing’ ‘divisive,’ and ‘controversial.’ But they seem to lack any introspection inside the liberal bubbles of their ‘news’ networks. 

On Friday, authorities revealed one shell casing read: ‘Hey fascist! Catch!’ Another said ‘O bella ciao, bella ciao,’ which refers to a leftist song celebrating the end of Italian fascist dictator Benito Mussolini, but the left still uses it against the current conservative Italian Prime Minister Giorgia Meloni. 

The news networks have spent the last 10 years wildly using terms like ‘fascist’ and ‘authoritarian’ to describe not just President Donald Trump, but Republicans and conservatives in general. By contrast, the radical left ‘Antifa’ movement has largely escaped any critical scrutiny and in recent years, the media have pretended that this is some sort of kooky invention of conspiracy theorists. 

When the network newscasts casually allow Democrats to compare Trump to Adolf Hitler and suggest he and his voters are an ‘existential threat’ to democracy, they are the ones raising national tensions. Not conservatives.

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Newmont (TSX:NGT,NYSE:NEM,ASX:NEM) is preparing to withdraw from the Toronto Stock Exchange later this month, the latest in a string of moves to streamline operations and rein in costs following its US$15 billion takeover of Newcrest Mining in 2023.

The Denver-based miner said Wednesday it has applied for a voluntary delisting of its common shares from the TSX, effective at the close of trading on September 24.

The company cited “low trading volumes” on the Canadian exchange and said the decision is expected to “improve administrative efficiency and reduce costs for the benefit of Newmont’s shareholders.”

Newmont’s shares will continue to trade on the New York Stock Exchange, where it maintains its primary listing, as well as on the Australian Securities Exchange and the Papua New Guinea Stock Exchange under the ticker symbol NEM.

Rising costs and restructuring plans

Newmont’s all-in sustaining costs reached record levels earlier this year, eroding profits even as bullion prices hit all-time highs above US$3,500 an ounce in April and remained above US$3,300 through most of the summer.

The company has acknowledged that its cost base has outpaced peers. In the second quarter, Newmont’s costs were nearly 25 percent higher than those of Agnico Eagle Mines, a Canadian rival considered one of the industry’s leanest producers.

Costs have also risen more than 50 percent over the past five years, driven by higher energy, labor, and material prices, as well as integration expenses tied to Newcrest’s operations.

Chief Executive Officer Tom Palmer told investors in July that Newmont was pursuing additional measures to lower its expenses.

Behind the scenes, Newmont has been preparing for more aggressive measures.

People familiar with the matter told Bloomberg News that management has set an internal target to lower costs by as much as US$300 per ounce, or roughly 20 percent.

Meeting that benchmark could require thousands of layoffs across the company’s global workforce of about 22,000, excluding contractors.

While Newmont has not disclosed the scope of planned reductions, some employees have already been informed of redundancies, according to the report. Managers have also been briefed on potential curbs to long-term incentive programs as part of a broader restructuring.

A company spokesperson confirmed earlier this year that Newmont launched a cost and productivity improvement program in February.

Alongside cost cutting, Newmont has moved swiftly to divest non-core assets acquired in the Newcrest deal.

Since late 2024, the company has sold multiple Canadian operations: the Eleonore mine for about US$795 million, the Musselwhite mine in Ontario for $850 million, and its stake in the Porcupine operations for US$425 million.

The asset sales are intended not only to cut debt but also to sharpen focus on higher-margin operations, particularly in North America and Australia.

Despite higher costs, Newmont shares have surged 95 percent this year, followed by also announcing a US$3 billion share repurchase program in July.

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

This post appeared first on investingnews.com

Platinum is heading for a third consecutive annual deficit in 2025, with the World Platinum Investment Council (WPIC) projecting an 850,000 ounce shortfall as demand continues to outpace weak mine supply.

In its latest Platinum Quarterly, the WPIC states that despite a 22 percent year-on-year decline in demand, a lack of metal is expected to create a supply shortfall that’s only 13 percent lower than 2024’s 968,000 ounce shortfall.

Its call comes amid a price breakout for platinum, which pushed past US$1,450 per ounce in July.

Why is the platinum market in deficit?

The biggest challenge for platinum has been weak refined production, which slipped to 1.45 million ounces during the quarter from 1.54 million ounces produced during the same time last year.

This has led the WPIC to predict a 6 percent decrease in primary supply to 5.43 million ounces, down from the 5.76 million ounces produced in 2024. Output declines in top producer South Africa have had outsized effects on supply, as Q1 output came in at just 713,000 ounces, as heavy rainfalls negatively impacted production.

Although output grew to 1.05 million ounces in the second quarter, it was still 8 percent lower than in Q2 2024.

Additional decreases to output are also expected in Zimbabwe and North America, slipping 4 percent and 26 percent, respectively. However, Russia is set to see a 1 percent rise in output, increasing to 686,000 ounces from 677,000 in 2024.

On a more positive note, recycling supply saw an increase to 423,000 ounces during Q2 from 379,000 reported in 2024. This has led the WPIC to predict a 6 percent annual increase to 1.6 million ounces from 1.52 million last year.

The majority of this increase comes from growth in automotive recycling, aided by higher platinum group basket prices. However, the WPIC notes that despite the growth, recycling will remain depressed compared to historic levels.

The WPIC predicts an overall supply decrease of 3 percent in 2025 to 7.03 million ounces, from 7.28 million ounces in 2024. With three years of deficits, the group is also expecting further drawdowns of above-ground stocks with a 22 percent decrease to 2.98 million ounces, representing four and a half months of demand coverage.

In recent years, stockpiles have fallen from 5.51 million ounces in 2022 to 4.8 million ounces in 2023 and 3.83 million ounces in 2024.

“I don’t think we’re going to see any meaningful mine supply response at these levels. It’s also worth bearing in mind that these are, for the most part, deep-level underground mines. So even if we had another 50 percent increase in the basket price, you’re still not going to see a supply response over the near to medium term,” he said.

Watch Sterck discuss the platinum market.

He went on to explain that development times for mining operations will take several years and wouldn’t be possible on time frames shorter than 18 months.

“Recycling is definitely much more price elastic than mine supply over the near to medium term,” Sterck said.

However, he added that while people tend to scrap vehicles at a consistent rate, the pace and overall supply entering the market from the auto sector is constrained.

“Yes, we’ve seen quite a big increase in the platinum price year to date, but it’s not the main driver of the economics for those scrap aggregators and recyclers. It’s really more of a palladium story, even more so than rhodium. So, you need a sustained increase in palladium prices to drive a meaningful change there,” Sterck said.

Demand to weaken in 2025, jewelry a bright spot

Despite the expected deficit, the WPIC expects demand to weaken this year.

Q2 saw automotive demand fall to 769,000 ounces, down from 788,000 ounces in the year-ago period.

The WPIC’s expectation is that the auto sector will require 3.03 million ounces of platinum in 2025, a 3 percent decrease from the 3.11 million ounces needed in 2024. Likewise, the council is expecting a decrease in industrial demand for the metal as consumption drops off by 22 percent to 1.9 million, down from 2.42 million ounces last year.

Jewelry demand, however, has been on the rise, with the expectation that it will increase by 11 percent to 2.23 million ounces in 2025. The WPIC suggests the higher growth is owed to its discount relative to gold, and notes that it is seeing the most substantial increase in China — fabrication is seen growing 42 percent in 2025 to 585,000 ounces.

“What’s driving that increase has been fabrication funded by wholesalers, and they’re promoting platinum because they’ve seen a huge drop in their gold jewelry sales,” Sterck explained.

Despite an increase in holdings of bars, coins and exchange-traded funds, overall investment demand was dragged down in Q2 by a 317,000 ounce decrease in stocks held in exchanges due to tariff-related concerns.

Sterck said ongoing uncertainty in the platinum market earlier this year caused physical metal to shift from overseas markets into the US as traders began to worry about tariffs being applied.

Although movement reversed as traders were told tariffs wouldn’t be applied, fears were later stoked when copper tariffs were announced, and an “ideological disconnect” between the White House and South Africa emerged.

“Given that the current US administration has shown that it is willing to use tariffs as a kind of stick, if you like, for enacting foreign policy, you kind of come back to this sort of whole situation where there’s a non-zero chance of platinum being subject to tariffs in the US,” Sterck commented during the conversation.

Overall, the WPIC expects total platinum demand to drop by 4 percent year-on-year in 2025 to 7.88 million ounces.

Will the platinum price rise further in 2025?

Fundamentals should remain the primary driver for platinum. Despite weakening demand through the first half of 2025, a structural deficit in the market still exists due to a lack of supply to close the gap.

However, Sterck suggested the mining supply is likely to increase before the end of the year.

“This year was particularly accentuated by flooding in South Africa during the first quarter of the year, so we do expect a bit of an increase in mining supply,” he said. However, he also noted that until there are more significant changes to the amount of supply, the price conditions aren’t likely to change much.

“Fundamentally, at the moment, it just appears that the platinum price at current levels isn’t sufficient to attract enough metal into the market to really ease those market conditions,” Sterck noted.

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

This post appeared first on investingnews.com

Canadian Prime Minister Mark Carney has announced the country’s first five nation-building projects.

In March and April, the Build Canada Strong platform was a cornerstone of Carney’s election campaign, which came amid increasing trade tensions between Canada and the US. Among his promises was to create a Major Projects Office (MPO) that would review projects deemed to be in the national interest.

That office was established over the summer, with a release saying it would be headquartered in Calgary and overseen by former TransAlta (TSX:TA,NYSE:TSE) and Trans Mountain CEO Dawn Farrell.

The MPO was created as part of a shift in the regulatory framework for approving infrastructure and resource projects in Canada. Part of that will involve streamlining reviews and assessments, as well as reducing duplication between the federal and provincial governments, an issue that has hindered investment in Canada over the last 20 years.

“One of many studies has shown that the regulatory requirements in Canada have increased by more than 40 percent since 2006 and that’s been suppressing investment growth by 9 percent,” Carney said on Thursday (September 11).

In his statement, the prime minister introduced the first tranche of projects, and suggested the second will be announced before the Canadian Football League’s Grey Cup match, scheduled for November 16.

He also outlined criteria for projects to be covered by the MPO. They must be in the national interest, and must strengthen Canada’s autonomy, resilience and security; they must also have clear benefits for Canadians.

The first group of projects selected by the MPO has already seen significant development.

The prime minister noted that they have already been through extensive consultation with Indigenous communities, and have worked with provincial and territorial governments to meet necessary regulatory standards.

For these, Carney said the goal is for the MPO to get them across the finish line.

“In some cases, they are in the last stages of regulatory approvals. In most cases, there is some aspect of the financing or support packages for the projects that remain to be determined,” he said.

Mining, energy projects highlighted in first tranche

Among the first five projects featured are three involving Canada’s mining and energy sectors:

        Additionally, the MPO has committed to supporting the Darlington New Nuclear Project in Clarington, Ontario. This project aims to develop the first small modular reactor in a G7 country.

        The MPO will also help speed up the expansion of the Contrecour Terminal container project at the Port of Montreal. This expansion is expected to boost shipping volumes along the St. Lawrence Seaway.

        A project that could be included in a future announcement is the Pathways Plus carbon capture project, which the prime minister said will eventually lead to further oil sands development and the construction of a pipeline to reach markets beyond the US. Additionally, Carney said the MPO is looking at upgrades to the Port of Churchill, as well as an Arctic economic and security corridor, a high-speed rail corridor between Toronto and Québec City and Wind West Atlantic Energy, which would provide wind power to the provinces on the Atlantic coast.

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

        This post appeared first on investingnews.com

        Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce the latest performance results of the CERENERGY(R) cell and battery pack prototypes. These results confirm the technological maturity and robustness of the CERENERGY(R) technology and mark another decisive step towards industrialisation.

        Highlights

        – 650+ cycles with no capacity loss, proving exceptional material stability and long operational lifespan compared to conventional batteries

        – Near 100% Coulombic efficiency, confirming minimal side reactions and strong intrinsic safety of sodium nickel chloride chemistry

        – High energy efficiency of up to 92%, surpassing typical 70-80% levels of competing battery technologies

        – Proven safety under extreme conditions – cells remained stable during overcharge, deep discharge, and thermal cycling up to 300 degC with no gassing, leakage, or rupture

        – Robust and reliable chemistry – sodium nickel chloride avoids flammable electrolytes and runaway risks, confirming suitability for safe, large-scale grid and renewable energy storage

        – ABS60 prototype validated under real-world conditions -tested across diverse load profiles, high-current pulses up to 50 A, and thermal variations

        – Stable, efficient performance – achieved ~88% round-trip efficiency with no observable capacity fade over 110+ cycles

        CELL PERFORMANCE

        The CERENERGY(R) prototype cells have successfully completed over 650 charge-discharge cycles without any detectable capacity loss. Cycle life is a critical measure of battery durability, as most conventional batteries experience gradual degradation with every cycle. Achieving such performance highlights the outstanding stability of the materials and points to the potential for a long operational lifespan.

        For stationary energy storage systems (ESS), this translates into fewer battery replacements, lower lifetime operating costs, and greater reliability for end users.

        The cells also delivered nearly 100% Coulombic efficiency alongside an energy efficiency of up to 92% across 650 cycles. Coulombic efficiency reflects the proportion of charge recovered during discharge relative to what was supplied during charging. A value approaching 100% indicates minimal side reactions or parasitic losses, confirming the intrinsic stability and safety of sodium nickel chloride chemistry. This high efficiency demonstrates that the cells are not expending energy on unwanted processes such as electrode degradation. Such performance is vital for scalability, ensuring reliable, longterm operation in commercial energy storage applications.

        Energy efficiency represents the proportion of energy delivered relative to the energy supplied. Competing technologies, including conventional high-temperature batteries and many flow batteries, typically achieve only around 70-80%. By reaching 92%, CERENERGY(R) positions itself in a highly competitive class, offering more cost-effective energy storage, stronger economics for grid operators, and seamless compatibility with the requirements of renewable energy integration.

        The cells achieved a nominal capacity of 100 Ah and 250 Wh, with reliable performance even at higher discharge rates. A key feature is their ability to support multiple daily charge-discharge cycles within the 20-80% state of charge (SoC) range at 25 A. This capability positions CERENERGY(R) as a highly flexible solution for grid operators and energy storage providers, enabling cost-efficient, long-life performance in applications that demand frequent cycling such as renewable integration, peak shaving, and backup power.

        CERENERGY(R) prototype cells underwent rigorous abuse testing, including overcharge to 4 V, deep discharge to 0.2 V, and thermal cycling between room temperature and 300 degC. In all cases, the cells remained stable with no gassing, leakage, or rupture -clear proof of their outstanding safety. These results highlight the intrinsic stability of sodium nickel chloride chemistry, which avoids the flammable electrolytes and runaway risks common in lithium-ion batteries. The ability to withstand extreme electrical and thermal stress demonstrates CERENERGY(R)’s robustness and confirms its suitability for safe, largescale deployment in grid, renewable, and industrial energy storage applications. This was achieved over 3 cycles with 1.8 Full Charge Equivalent (FCE) into 22 hours.

        BATTERY PACK ABS60 (60 kWh) PROTOTYPE

        The first ABS60 battery pack prototype has been successfully validated under real-world operating conditions, marking a major step forward in product readiness. Testing included diverse load profiles,

        continuous discharges at 25 A (equivalent to C-rate of C/4 (discharges in 4 hours), or one-quarter of the pack’s rated capacity per hour) at 80% depth of discharge (DoD), short-duration high-current pulses up to 50 A, and carefully controlled thermal variations.

        The pack consistently demonstrated stable performance, achieving ~88% round-trip efficiency while maintaining reliable thermal management. Efficiency refers to the proportion of input energy that can be retrieved during operation-a critical measure of economic viability for large-scale storage. Over more than 110 cycles, results showed no observable capacity fading and only a slight increase in internal resistance. Capacity fading refers to the gradual decline in usable energy over repeated cycles, while internal resistance influences power delivery and heat generation.

        The absence of meaningful degradation confirms the durability and electrochemical stability of the ABS60 design. These outcomes are highly significant as they demonstrate that the pack can withstand real-world duty cycles while retaining performance and efficiency, translating into longer service life, fewer replacements, and lower total cost of ownership.

        For grid operators and renewable integration projects, this combination of robust cycling capability, efficiency, and thermal stability underscores the ABS60’s commercial readiness and competitive advantage in the stationary energy storage market.

        These results are a strong confirmation of CERENERGY(R)’s technological leadership and a clear signal of the technology’s competitiveness and robustness for future applications in energy storage and industrial markets.

        Group Managing Director, Iggy Tan said ‘These results confirm CERENERGY(R)’s robustness and readiness for market adoption. Demonstrating long cycle life, high efficiency, and unmatched safety, we are now strongly positioned to deliver a competitive and sustainable alternative for grid and industrial energy storage.’

        *To view photographs, tables and figures, please visit:
        https://abnnewswire.net/lnk/17QS44T3

        About Altech Batteries Ltd:

        Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

        The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

        Source:
        Altech Batteries Ltd

        Contact:
        Corporate
        Iggy Tan
        Managing Director
        Altech Batteries Limited
        Tel: +61-8-6168-1555
        Email: info@altechgroup.com

        Martin Stein
        Chief Financial Officer
        Altech Batteries Limited
        Tel: +61-8-6168-1555
        Email: info@altechgroup.com

        News Provided by ABN Newswire via QuoteMedia

        This post appeared first on investingnews.com

        The fifth day of trial is slated to kick off in Fort Pierce, Florida on Friday for the case of Ryan Routh, who faces charges for attempting to assassinate President Donald Trump at his West Palm Beach golf club in September 2024.

        On Thursday, then-Secret Service Special Agent Robert Fercano testified on behalf of the government that Routh pointed a rifle at his face while hiding out in shrubbery at the golf course. 

        Fercano, currently assigned to Homeland Security Investigations, said he was scanning the sixth hole while Trump was playing the fifth when he ‘noticed several abnormalities on the fence line.’ 

        ‘There appeared to be a face, a barrel of a weapon and what I perceived to be plates, like Humvee plates like I saw in the Marine Corps,’ Fercano told Assistant U.S. Attorney Maria Medetis Long on Thursday. 

        Fercano said that he initially thought he may have spotted a homeless person, but then noticed the barrel followed him and that the weapon was ‘pointed directly at my face.’ 

        ‘This appeared to be a textbook ambush scenario,’ Fercano said. 

        Routh also questioned Fercano – and used his time to ask a series of questions regarding sniper tactics. 

        ‘As far as being a sniper, what would be the best stance to shoot people? Standing, crouching, laying down?’ Routh asked. 

        ‘I wasn’t a sniper … it depends,’ Fercano said. 

        Others who testified Thursday included Tommy McGee, a government witness and a civilian who heard gunshots break out the day of the alleged assassination attempt and took a photo of Routh and his car. 

        ‘He looked frantic,’ McGee said Thursday. ‘He ran right in front of me. We looked at each other… it looked like he was trying to get away.’

        When Justice Department prosecutor John Shipley asked McGee if Routh was the same man he saw the day of the alleged assassination attempt, McGee said yes. 

        According to prosecutors, Routh laid out the groundwork to kill Trump for weeks, and hid out in shrubbery on Sept. 15, 2024, when a Secret Service agent, Fercano, identified him pointing a rifle at Trump while the then-presidential candidate played golf. Although Routh pointed his rifle at the agent, he then abandoned his weapon and the scene after Fercano opened fire.

        Routh was later apprehended by the Martin County, Florida, Sheriff’s Office on the I-95 interstate in a black Nissan Xterra. 

        According to the Justice Department, he is charged with attempted assassination of a major presidential candidate; possessing a firearm in furtherance of a crime of violence; assaulting a federal officer; felon in possession of a firearm and ammunition; and possession of a firearm with an obliterated serial number. Routh also faces state charges related to terrorism and attempted murder. 

        Routh, who has pleaded not guilty to all charges, was previously convicted of felonies in North Carolina in 2002 and 2010. 

        Routh, 59, is representing himself in his trial – a process known as ‘pro se.’ Routh sent a letter to U.S. District Judge Aileen Cannon in June notifying her of his decision to represent himself. 

        ‘I will be representing myself moving forward; it was ridiculous from the outset to consider a random stranger that knows nothing of who I am to speak for me,’ Routh said in the letter. ‘That was foolish and ignorant, and I am sorry-a childlike mistake.’ 

        Cannon approved the move in July, although she said that she believes it’s not a good idea for Routh to represent himself in this case. Routh has said he went to college for two years after receiving a GED certificate and told Cannon he was prepared to navigate any challenges that could come from representing himself. 

        Despite Routh’s decision to act singularly, court-appointed attorneys are still on call to provide standby counsel. 

        Fox News’ Jamie Joseph, Jake Gibson, Olivianna Calmes, Heather Lacey and The Associated Press contributed to this report.

        This post appeared first on FOX NEWS