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Silver paste accounts for up to 23% of the material cost of a PV cell.

Sun Silver applies for $60m US tax credit for silver paste facility

Published: 25 Jun 24

Precious metals miner Sun Silver has applied to the US Department of Energy (DoE) for a $60-million investment tax credit for expenditure towards establishing a silver paste production facility in Nevada. The ASX-listed company, which is developing the Maverick Springs silver project in Elko county, is proposing a silver paste facility to supply solar photovoltaic (PV) cell manufacturers in the US.

Cosmos enhances Nunavut uranium portfolio

Published: 25 Jun 24

Australia-headquartered Cosmos Exploration has secured two additional prospective uranium projects, Angilak West and Nut Lake South, located in the emerging uranium mining district of the Thelon basin, Nunavut, Canada. The projects have been secured through direct staking.

Hedge fund making 20% a year for last decade targets uranium M&A

Published: 25 Jun 24

A top performing hedge fund is betting the pullback in uranium producer NexGen Energy will be short lived, as the industry’s growing appeal leaves the startup well placed for a potential takeover. Melbourne-based L1 Capital’s flagship Long Short Fund is up 20% per annum since inception, the best performing Australia-based strategy for that 10-year period, according to data compiled by Zenith Investment Partners, a research firm. While NexGen’s stock struggled this year after a 53% surge in 2023, L1’s head of research Amar Naik says he isn’t tempted to trim the position.