FutureFuel (FF) Company Report

Faraday Future (FFAI) has completed its "Dual Flywheel, Dual Bridge, and Dual Listed-Company" structure with AIxCrypto Holdings, Inc. (AIXC), with FFAI officially becoming the controlling and majority stockholder of AIxCrypto Holdings, Inc. on November 12.
The first batch of FX Super One complete sets of components is expected to arrive at the Port of Long Beach next week, transitioning the FX strategy into the pilot build and pre-production vehicles phase.
The FX Super One and FF 91 2.0 will be showcased at the LA Auto Show over the next two weeks, offering ride-along experiences and accepting preorders.

Nov 24, 2025, 12:34 AM

Press Release

First Mining Gold Corp. Announces Sale of Cameron Gold Project Subsidiary to Oronova Energy Inc.

M&A

New Projects/Investments

First Mining Gold Corp. has entered into a definitive agreement to sell its wholly-owned subsidiary, Cameron Gold Operations Ltd., which owns the Cameron Gold Project, to Oronova Energy Inc..
The total consideration for the transaction is C$27,000,000, comprising C$5,000,000 in cash, 80,000,000 common shares of Oronova, and a future cash payment of at least C$2,000,000.
Following the closing, Oronova will be renamed Seva Mining Corp., and First Mining is expected to own approximately 48% of Seva, becoming its largest shareholder.
The transaction is subject to customary conditions, including TSXV approval and the completion of a non-brokered private placement by Oronova, and is expected to close in Q1 2026.

Nov 20, 2025, 12:00 PM

Press Release

First Mining Gold Corp. Announces Positive Pre-Feasibility Study Results for Springpole Gold Project

New Projects/Investments

Guidance Update

First Mining Gold Corp. announced positive results from its updated 2025 Pre-Feasibility Study (PFS) for the Springpole Gold Project, indicating a pre-tax net present value (NPV 5%) of US$3.2 billion and an after-tax NPV 5% of US$2.1 billion at US$3,100/oz gold.
The PFS projects a pre-tax internal rate of return (IRR) of 54% and an after-tax IRR of 41%, with estimated initial capital costs of US$1,104 million.
The project is expected to produce an average of 330 koz of gold annually for the first five years, with net All-In Sustaining Costs (AISC) of US$877/oz during that period.
The Springpole Gold Project, located in Ontario, Canada, has a 9.4-year life of mine and an Indicated Mineral Resource of 4.8 million ounces of gold and 28 million ounces of silver.

Nov 18, 2025, 12:00 PM

Press Release

Faraday Future Reports Q3 2025 Financial Results and Operational Milestones

Earnings

Product Launch

New Projects/Investments

Faraday Future reported a loss from operations of $206.8 million for the third quarter of 2025.
The company secured $136 million in financing commitments, with $82 million received by the end of Q3 2025, and reported $135.8 million in financing cash inflow for the nine months ended September 30, 2025, marking the sixth consecutive quarter where financing inflows exceeded operating outflows.
The FX Super One entered the pre-production phase at its Hanford factory, with the first U.S. pre-production vehicle targeted to roll off the line by year-end, and the first delivery in the UAE is planned for November 2025 following its launch on October 28, 2025.
The company secured more than 11,000 non-binding paid pre-orders for the FX Super One since its global launch on July 17, 2025, and future FF and FX BEV vehicles will gain access to over 28,000 Tesla Superchargers.
Founder and Global Co-CEO YT Jia completed approximately $560,000 in purchases of FFAI common stock as of September 8, 2025.

Nov 14, 2025, 12:06 AM

Press Release

First Mining Gold Announces Q3 2025 Financial Results and Operating Highlights

Earnings

CFO Change

New Projects/Investments

First Mining Gold Corp. reported its third quarter financial results for the period ended September 30, 2025.
The company completed public and non-brokered offerings, raising a total of $36,437,600.
As of September 30, 2025, First Mining Gold had a cash and marketable securities balance of $37.6 million.
Lisa Peterson will resume her role as Chief Financial Officer on November 14, 2025, and Vincy Benjamin will join as Director of Projects on November 24, 2025.
The company signed a Long-Term Relationship Agreement for the Springpole Gold Project and a Memorandum of Understanding for the Duparquet Gold Project, in addition to announcing further drilling results from the 2025 exploration program at Duparquet.

Nov 13, 2025, 12:00 PM

Press Release

FutureFuel Corp. Reports Q3 2025 Results with Net Loss and Revenue Decline

Earnings

Profit Warning

New Projects/Investments

FutureFuel Corp. reported a net loss of $9.3 million ($0.21 per diluted share) on revenues of $22.7 million for Q3 2025, marking a 56% decrease in revenue compared to Q3 2024.
The company's biodiesel production line was idled in July 2025 due to market conditions, but management anticipates a late Q4 restart of production.
FutureFuel achieved a third consecutive quarter of reduced net losses, decreasing from $17.6 million in Q1 to $10.4 million in Q2, and further to $9.3 million in Q3 2025.
The chemicals business saw improved demand in Q3 2025, with processes ramping up to full capacity and a strong backlog of new projects expected to drive future production.
Capital expenditures for the first nine months of 2025 totaled $14.820 million, including the completion of a new custom chemical plant in Q3 2025. The company also paid a quarterly cash dividend of $0.06 per share in Q3 2025.

Nov 10, 2025, 9:13 PM

8-K

FutureFuel Reports Significant Revenue Decline and Net Loss in Q3 2025

Earnings

Profit Warning

Dividends

FutureFuel reported a 56% decrease in revenues to $22.7 million and a net loss of $9.3 million (or $0.21 per diluted share) for the third quarter ended September 30, 2025, compared to the prior year period.
For the first nine months of 2025, revenues declined 58% to $75.9 million, leading to a net loss of $37.4 million (or $0.85 per diluted share).
The company idled its biodiesel production line in July 2025 due to market uncertainty but anticipates a late Q4 restart of production and noted some improvement in its chemicals business demand.
FutureFuel paid a regular quarterly cash dividend of $0.06 per share in Q3 2025 and expects to pay another $0.06 per share in December.

Nov 10, 2025, 9:05 PM

Press Release

First Mining Gold Reports Strong Drilling Results at Duparquet Gold Project's Miroir Target

New Projects/Investments

First Mining Gold Corp. announced additional positive drilling results from its 2025 exploration program at the Duparquet Gold Project's Miroir target in Quebec, Canada. The program, which concluded in October, comprised 16,577 meters of drilling.
Notable intercepts at the Miroir target include drill hole DUP25-077 returning 3.20 g/t Au over 15.75 m (including 22.50 g/t Au over 0.7 m) and drill hole DUP25-078 returning 2.01 g/t Au over 29.80 m (including 18.20 g/t Au over 1.0 m).
These latest results have extended the Miroir target over a strike length of 100 m and a depth of 100 m, with the target remaining open for further exploration.
The Duparquet Project currently hosts an NI 43-101 compliant gold resource of 3.44 million ounces in the Measured & Indicated category, grading 1.55 g/t Au, and an additional 2.64 million ounces in the Inferred category, grading 1.62 g/t Au.

Nov 10, 2025, 12:00 PM

Press Release

Fuel Tech Reports Third Quarter 2025 Financial Results

Earnings

M&A

New Projects/Investments

Fuel Tech reported net income of $303,000 ($0.01 per share) for Q3 2025, an increase from $80,000 ($0.00 per share) in Q3 2024, despite consolidated revenues declining slightly to $7.5 million from $7.9 million.
As of September 30, 2025, the company maintained a strong financial position with $33.8 million in cash and investments and no debt.
Consolidated gross margin expanded to 48.9% in Q3 2025 from 43.4% in Q3 2024, reflecting improved margins in both the Air Pollution Control (APC) and FUEL CHEM segments.
The APC segment backlog increased to $9.5 million at September 30, 2025, up over 20% from June 30, 2025. Subsequent to quarter-end, Fuel Tech acquired complementary APC intellectual property from Wahlco, Inc. for $350,000.
The FUEL CHEM segment's revenue rose to $4.8 million in Q3 2025, and a new commercial demonstration program is projected to have an annual revenue potential of approximately $2.5 to $3.0 million.

Nov 4, 2025, 9:15 PM

Press Release

First Mining Gold Corp. Announces Positive Drilling Results at Duparquet Gold Project

New Projects/Investments

First Mining Gold Corp. announced additional positive drilling results from its 2025 drilling program at the Duparquet Gold Project's Miroir target in Quebec, Canada.
Drill hole DUP25-064 delivered a highlight intercept of 3.23 g/t Au over 25.9 m, which included 11.20 g/t Au over 2.0 m and 10.16 g/t Au over 1.4 m.
These results extend the Miroir target's mineralization to a vertical depth of 100 m below surface, confirming near-surface higher-grade mineralization.
The company has completed approximately 16,000 m of drilling to date in 2025 at the Duparquet Project, with assay results from 13 additional holes at Miroir still pending.