Highfield Resources (ASX: HFR) chief executive officer Ignacio Salazar joins Small Caps to discuss the company's recent game-changing strategic corporate deal.

The company recently signed a transformative proposed transaction to finance its Muga potash mine in Spain and acquire a potash project (Southey) in Saskatchewan, Canada.

Muga has attracted vital funding interest with the signing of a Letter of Intent for cooperation with Yankuang Energy Group. The proposed transaction would entail the funding of US$220 million of equity capital from strategic investors.

Yankuang Energy intends to provide up to US$90 million to support the cornerstone placement with the other strategic investors providing the rest.

Muga is considered shovel-ready, and Highfield recently signed the contract for the construction of the civil works and the ramps at Muga.

For more information on Highfield Resources:
https://smallcaps.com.au/stocks/asx-hfr/

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BPH Energy (ASX: BPH) managing director David Breeze joins Small Caps to discuss the continuing delays impacting the proposed testing of the PEP 11 oil and gas exploration licence off the coast of New South Wales.

At a time when the Federal government and east coast gas users are crying out for more supplies, BPH and its investee company Advent Energy keep on running into roadblocks in their plans to drill a well on a large gas target in PEP 11.

The recent NSW government move to bring in a Bill to potentially ban oil and gas activities in the waters off its coastline is the latest frustration for those looking to find gas reserves that can help overcome energy issues that have been forecast to potentially lead to major blackouts in New South Wales and Victoria.

A recent report by the Australian Energy Market Operator (AEMO) found Victorian gas production capacity has decreased, which means there will be an increasing amount of winter gas supply required from Queensland.

AEMO’s recent Victorian Gas Planning Report update indicated this will continue, with the planned closure of Longford’s gas plant 1 starting in July 2024 and Gas Plant 3 later in the decade.

To try and overcome the NSW and Victorian government's anti-gas stance, the Federal government has continually had to rely on Queensland’s LNG producers to carry the load.

A commercial discovery in PEP 11 could potentially be a game-changer for the east coast.

Articles:
https://smallcaps.com.au/bph-energy-advent-preparations-seablue-1-drilling-pep-11/
https://smallcaps.com.au/energyquest-address-east-coast-gas-shortfall-energy-crisis-looms/

For more information on BPH Energy:
https://smallcaps.com.au/stocks/asx-bph/

See omnystudio.com/listener for privacy information.

iTech Minerals (ASX: ITM) managing director Michael Schwarz joins Small Caps to discuss the company's recent success in developing a significant graphite play on South Australia's Eyre Peninsula.

iTech has achieved a significant 300% resource upgrade at its Eyre Peninsula graphite project.

The upgraded Eyre Peninsula graphite project mineral resource estimate now stands at 35.2 million tonnes at 6.0% total graphitic carbon.

Meanwhile, iTech has obtained exceptional recoveries of around 93% using an industry standard flotation circuit on a bulk concentrate sample of 3.4kg graphite from its Lacroma graphite project.

The next step will be assessing the bulk sample with spheroidization and purification test work aimed at producing a purified spherical graphite product that meets industry standards for battery anode material in lithium-ion batteries.

iTech is now processing to the next phase of developing this project aimed at helping the world meet the graphite shortages that many analysts are predicting over the next decade.

According to Whatech, the global graphite market reached $35.6 billion in 2023 and is expected to reach $58 billion by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.

Articles:
https://smallcaps.com.au/itech-minerals-high-purity-graphite-concentrate-production-lacroma/
https://smallcaps.com.au/itech-minerals-resource-upgrade-eyre-peninsula-graphite/

For more information on iTech Minerals:
https://smallcaps.com.au/stocks/asx-itm/

See omnystudio.com/listener for privacy information.