Category: Energy

  • MIL-OSI: Smackover Lithium Reports Highest Lithium Brine Grade in SWA Project Area as FEED Studies Nearing Completion

    Source: GlobeNewswire (MIL-OSI)

    LEWISVILLE, Ark., July 15, 2025 (GLOBE NEWSWIRE) — Smackover Lithium, a Joint Venture (“JV”) between Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE.A: SLI) and Equinor, is pleased to announce that it has completed sampling from its newest exploration well, the Lester well, in the South West Arkansas (SWA) Project area, and has recorded the highest lithium concentration reported to date from the SWA Project area; 616 mg/L lithium in brine.

    The Lester well was completed in the second quarter of this year and concludes all sub-surface exploration activities for Phase 1 of the SWA Project. The location of the Lester well in relation to the SWA Phase 1 Project is shown in Figure 1 below, and an aerial photograph of the Lester well and associated pad is shown in Figure 2.

    Sampling of brines from the upper Smackover Formation was completed by the Company, and subsequent analysis of the brine by an independent third-party certified laboratory demonstrated significantly higher than expected lithium concentrations in the Lester brine, marking the highest lithium grade reported for the SWA Project. The summarized lithium brine analyses are provided in Table 1 below which highlights the average lithium concentration from three brine samples was 582 mg/L.

    Dr. Andy Robinson, President and COO of Standard Lithium stated, “The Smackover Lithium team has now completed all the fieldwork and testing required for Phase 1 of the SWA Project. We completed this final well in a part of the project area where we expected the lithium concentration to be approximately 500 mg/L, so we’re encouraged with these latest sampling results that show the highest lithium concentrations in the whole SWA Project area (maximum 616 mg/L), demonstrating a marked improvement from levels in the existing world-class lithium brine resource.

    With all of the fieldwork complete, the joint Smackover Lithium team is working to complete the FEED study, with a Definitive Feasibility Study expected later in the third quarter of this year. The completion of these studies will represent a significant milestone as the team rapidly advances Phase 1 of the SWA Project through off-take negotiations and project finance towards a Final Investment Decision targeted by year-end 2025.

    Figure 1: SWA Project, Phase 1 Reynolds Unit and Location of Lester Well

    Table 1: Lester Well Lithium Brine Analyses in SWA Phase 1 Project Area

    Sample Name [1] Lithium
    mg/L
     
    Lester 2 #1 559
    Lester 2 #2 571
    Lester 2 #5 616
    Average Concentration [2] 582
       

    Notes:  Analyses conducted at WETLAB (Western Environmental Testing Laboratory) – 475 E Greg St, Suite 119, Sparks NV 89431.
    [1] Sample names are as reported by the independent third party laboratory. Samples #3 and #4 were a blank sample and a synthetic spike sample, used for laboratory data verification and QA/QC purposes. They are omitted here for clarity.
    [2] A simple average concentration is provided from the Lester well for illustrative purposes of the general lithium brine quality in the Lester well. Porosity-weighted averages will be used in future resource quality estimates.

    Figure 2: Aerial Photo of Lester Well in SWA Phase 1 Project

    Notes:  Photograph is taken looking approximately northeast across the Lester well-pad.

    Qualified Person

    Steve Ross, P.Geol., a Qualified Person as defined by NI 43-101, has reviewed and approved the relevant scientific and technical information that forms the basis for this news release. Mr. Ross is a consultant to the Company.

    About Smackover Lithium

    Smackover Lithium is a joint venture between Standard Lithium and Equinor. Formed in May 2024, Smackover Lithium is developing two Direct Lithium Extraction (“DLE”) Project Companies in southwest Arkansas and east Texas. Standard Lithium owns a 55% interest and Equinor holds the remaining 45% interest in the two Project Companies, with Standard Lithium maintaining operatorship.

    About Standard Lithium Ltd.

    Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by high-grade resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated Direct Lithium Extraction and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor ASA, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas.

    Standard Lithium trades on both the TSXV and the NYSE American under the symbol “SLI”. Please visit the Company’s website at www.standardlithium.com.

    About Equinor

    Equinor is an international energy company committed to long-term value creation in a low-carbon future. Equinor’s portfolio of projects encompasses oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Headquartered in Norway, Equinor is the leading operator on the Norwegian continental shelf and has offices in more than 20 countries worldwide. Equinor’s partnership with Standard Lithium to mature DLE projects builds on its broad US energy portfolio of oil and gas, offshore wind, low carbon solutions and battery storage projects.

    For more information on Equinor in the US, please visit: Equinor in the US – Equinor

    Investor Inquiries

    Dan Rosen
    Standard Lithium Ltd.
    +1 604 409 8154
    investors@standardlithium.com

    Media Inquiries

    media@standardlithium.com

    Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, the timeline for completion of a Definitive Feasibility Study for the SWA Project, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cacb4d78-1a00-422a-abdf-10690d97f867
    https://www.globenewswire.com/NewsRoom/AttachmentNg/72ebbdb0-35be-4c5d-98a8-28c84b0a6859

    The MIL Network

  • MIL-OSI: Upexi Announces Closing of $50 Million Private Placement Equity Offering

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., July 15, 2025 (GLOBE NEWSWIRE) — Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, today announced the closing of a private placement equity offering of 12,457,186 shares of common stock (the “Equity Offering”) with certain accredited investors, qualified purchasers and institutional investors, as well as Allan Marshall, the Company’s Chief Executive Officer and Gene Salkind, Director, for the purchase and sale of 12,457,186 shares of common stock at a price of $4.00 per share (and at a price of $4.94 per share for management and board participation) for aggregate gross proceeds of approximately $50 million, before deducting placement agent fees and other offering expenses.

    The Company anticipates the previously disclosed closing of the $150 million convertible notes in exchange for Solana to be on or about July 16, 2025 (“Note Offering”).  

    The Company intends to use the proceeds from the Equity Offering to cover placement agent fees and offering related expenses, support general working capital needs, and allocate the balance of the net proceeds to advance the Company’s Solana treasury strategy.

    A.G.P./Alliance Global Partners acted as the sole placement agent in connection with the offering.

    The offer and sale of the foregoing securities was made in a transaction not involving a public offering, and the securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Upexi, Inc.
    Upexi is a brand owner specializing in the development, manufacturing, and distribution of consumer products. The Company has entered the Cryptocurrency industry and cash management of assets through a Cryptocurrency Portfolio. For more information on Upexi’s treasury strategy and future developments, visit www.upexi.com.

    Follow Upexi on X – https://twitter.com/upexitreasury
    Follow CEO, Allan Marshall, on X – https://x.com/marshall_a22015
    Follow CSO, Brian Rudick, on X – https://x.com/thetinyant

    Forward Looking Statements
    This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. For example, the Company is using forward looking statements when it discusses the expected closing of the previously announced $150 Million convertible note offering and the anticipated use of proceeds. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

    Company Contact
    Brian Rudick, Chief Strategy Officer
    Email:brian.rudick@upexi.com
    Phone: (216) 347-0473

    Media Contact
    Gasthalter & Co.
    Upexi@gasthalter.com

    Investor Relations Contact
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    Email: Upexi@KCSA.com
    Phone: (212) 896-1254

    The MIL Network

  • MIL-OSI: Upexi Announces Closing of $50 Million Private Placement Equity Offering

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., July 15, 2025 (GLOBE NEWSWIRE) — Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, today announced the closing of a private placement equity offering of 12,457,186 shares of common stock (the “Equity Offering”) with certain accredited investors, qualified purchasers and institutional investors, as well as Allan Marshall, the Company’s Chief Executive Officer and Gene Salkind, Director, for the purchase and sale of 12,457,186 shares of common stock at a price of $4.00 per share (and at a price of $4.94 per share for management and board participation) for aggregate gross proceeds of approximately $50 million, before deducting placement agent fees and other offering expenses.

    The Company anticipates the previously disclosed closing of the $150 million convertible notes in exchange for Solana to be on or about July 16, 2025 (“Note Offering”).  

    The Company intends to use the proceeds from the Equity Offering to cover placement agent fees and offering related expenses, support general working capital needs, and allocate the balance of the net proceeds to advance the Company’s Solana treasury strategy.

    A.G.P./Alliance Global Partners acted as the sole placement agent in connection with the offering.

    The offer and sale of the foregoing securities was made in a transaction not involving a public offering, and the securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Upexi, Inc.
    Upexi is a brand owner specializing in the development, manufacturing, and distribution of consumer products. The Company has entered the Cryptocurrency industry and cash management of assets through a Cryptocurrency Portfolio. For more information on Upexi’s treasury strategy and future developments, visit www.upexi.com.

    Follow Upexi on X – https://twitter.com/upexitreasury
    Follow CEO, Allan Marshall, on X – https://x.com/marshall_a22015
    Follow CSO, Brian Rudick, on X – https://x.com/thetinyant

    Forward Looking Statements
    This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. For example, the Company is using forward looking statements when it discusses the expected closing of the previously announced $150 Million convertible note offering and the anticipated use of proceeds. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

    Company Contact
    Brian Rudick, Chief Strategy Officer
    Email:brian.rudick@upexi.com
    Phone: (216) 347-0473

    Media Contact
    Gasthalter & Co.
    Upexi@gasthalter.com

    Investor Relations Contact
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    Email: Upexi@KCSA.com
    Phone: (212) 896-1254

    The MIL Network

  • MIL-OSI: Australian Oilseeds Expands Market Reach Through Strategic Partnership to Accelerate Growth in Vietnam

    Source: GlobeNewswire (MIL-OSI)

    COOTAMUNDRA, Australia, July 15, 2025 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited, (the “Company”) (NASDAQ: COOT), a manufacturer and seller of sustainable edible oils to customers globally, today announced a partnership with SMART MARKETING CO. LTD for the sales, marketing, and distribution of its GEO brand in Vietnam.

    The GEO brand features a premium selection of Australian cold-pressed, non-GMO canola oil and olive oil. Under the agreement, SMART MARKETING CO. LTD will manage brand development and retail distribution throughout Vietnam, leveraging its extensive nationwide network and in-depth market knowledge. AMO’s established presence across Vietnam—spanning supermarkets, specialty stores, and major e-commerce platforms—will enable efficient rollout and consumer access from both physical and digital channels.

    Vietnam’s growing demand for healthy and high-quality food products has created a dynamic space for natural and chemical-free oils. With a population of over 100 million and rising health consciousness, the Vietnamese market presents significant opportunities for premium international brands.

    “This partnership strengthens our entry into one of Southeast Asia’s most vibrant and fast-growing markets,” said Gary Seaton, Chief Executive Officer. “SMART MARKETING CO. LTD brings an exceptional track record and a deep understanding of local retail and consumer behavior. We are confident that their team will drive strong results and long-term growth for the GEO brand in Vietnam.”

    Australian Oilseeds is also excited to announce the launch of GEO’s brand of extra virgin olive oil. The extra virgin olive oil is sourced from Australia’s finest olive groves and is expected to add an additional USD 5–8 million to its top line revenue within the next 12 months.

    About Australian Oilseeds Investments Pty Ltd. Australian Oilseeds Investments Pty Ltd. is an Australian proprietary company dedicated to the sustainable production and global distribution of high-quality oilseeds. Operating directly and through its subsidiaries, the Company focuses on the processing, manufacturing, and sale of non-GMO and organic food-grade oils for the rapidly growing health-conscious consumer market. With a firm commitment to eliminating harmful chemicals from every stage of the supply chain, the Company partners with like-minded suppliers to promote cleaner agricultural practices. Its product portfolio includes premium vegetable oils, proteins, and other food ingredients sourced from oilseeds grown for purity and sustainability. Over the past two decades, Australian Oilseeds has built and expanded the largest cold-pressing facility in Australia, producing only GMO-free conventional and certified organic oils. Today, the Company is recognized as a trusted supplier of healthier food ingredients to customers around the world.

    Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements may include, but are not limited to, statements regarding our business strategy, financial outlook, market trends, growth opportunities, and potential outcomes of strategic partnerships. Forward-looking statements can generally be identified by the use of words such as “expect,” “anticipate,” “believe,” “estimate,” “intend,” “may,” “will,” “could,” “should,” “target,” “project,” or similar expressions. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.

    Contact
    Australian Oilseeds Holdings Limited
    126-142 Cowcumbla Street
    Cootamundra New South Wales 2590
    Attn: Amarjeet Singh, CFO
    Email: amarjeet.s@energreennutrition.com.au

    Investor Relations Contact
    Reed Anderson
    (646) 277-1260
    reed.anderson@icrinc.com

    The MIL Network

  • MIL-OSI: Australian Oilseeds Expands Market Reach Through Strategic Partnership to Accelerate Growth in Vietnam

    Source: GlobeNewswire (MIL-OSI)

    COOTAMUNDRA, Australia, July 15, 2025 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited, (the “Company”) (NASDAQ: COOT), a manufacturer and seller of sustainable edible oils to customers globally, today announced a partnership with SMART MARKETING CO. LTD for the sales, marketing, and distribution of its GEO brand in Vietnam.

    The GEO brand features a premium selection of Australian cold-pressed, non-GMO canola oil and olive oil. Under the agreement, SMART MARKETING CO. LTD will manage brand development and retail distribution throughout Vietnam, leveraging its extensive nationwide network and in-depth market knowledge. AMO’s established presence across Vietnam—spanning supermarkets, specialty stores, and major e-commerce platforms—will enable efficient rollout and consumer access from both physical and digital channels.

    Vietnam’s growing demand for healthy and high-quality food products has created a dynamic space for natural and chemical-free oils. With a population of over 100 million and rising health consciousness, the Vietnamese market presents significant opportunities for premium international brands.

    “This partnership strengthens our entry into one of Southeast Asia’s most vibrant and fast-growing markets,” said Gary Seaton, Chief Executive Officer. “SMART MARKETING CO. LTD brings an exceptional track record and a deep understanding of local retail and consumer behavior. We are confident that their team will drive strong results and long-term growth for the GEO brand in Vietnam.”

    Australian Oilseeds is also excited to announce the launch of GEO’s brand of extra virgin olive oil. The extra virgin olive oil is sourced from Australia’s finest olive groves and is expected to add an additional USD 5–8 million to its top line revenue within the next 12 months.

    About Australian Oilseeds Investments Pty Ltd. Australian Oilseeds Investments Pty Ltd. is an Australian proprietary company dedicated to the sustainable production and global distribution of high-quality oilseeds. Operating directly and through its subsidiaries, the Company focuses on the processing, manufacturing, and sale of non-GMO and organic food-grade oils for the rapidly growing health-conscious consumer market. With a firm commitment to eliminating harmful chemicals from every stage of the supply chain, the Company partners with like-minded suppliers to promote cleaner agricultural practices. Its product portfolio includes premium vegetable oils, proteins, and other food ingredients sourced from oilseeds grown for purity and sustainability. Over the past two decades, Australian Oilseeds has built and expanded the largest cold-pressing facility in Australia, producing only GMO-free conventional and certified organic oils. Today, the Company is recognized as a trusted supplier of healthier food ingredients to customers around the world.

    Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements may include, but are not limited to, statements regarding our business strategy, financial outlook, market trends, growth opportunities, and potential outcomes of strategic partnerships. Forward-looking statements can generally be identified by the use of words such as “expect,” “anticipate,” “believe,” “estimate,” “intend,” “may,” “will,” “could,” “should,” “target,” “project,” or similar expressions. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.

    Contact
    Australian Oilseeds Holdings Limited
    126-142 Cowcumbla Street
    Cootamundra New South Wales 2590
    Attn: Amarjeet Singh, CFO
    Email: amarjeet.s@energreennutrition.com.au

    Investor Relations Contact
    Reed Anderson
    (646) 277-1260
    reed.anderson@icrinc.com

    The MIL Network

  • MIL-OSI: NANO Nuclear Appoints Vice Admiral Charles J. “Joe” Leidig, Jr. (Ret.) as Chairman of its Executive Advisory Board for Naval Nuclear Initiatives

    Source: GlobeNewswire (MIL-OSI)

    Former Deputy to the Commander for Military Operations, U.S. Africa Command, to advise NANO Nuclear on potential civilian and defense applications of its advanced nuclear technologies

    New York, N.Y., July 15, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has appointed distinguished nuclear submarine leader and Former Deputy to the Commander for Military Operations, U.S. Africa Command, Vice Admiral Charles J. Leidig, Jr. (Ret.), as the Chairman of its Executive Advisory Board for Naval Nuclear Initiatives.

    In his role, Vice Admiral Leidig will guide NANO Nuclear’s initiatives to support United States Naval operations with reliable nuclear power solutions, including the potential use of NANO Nuclear microreactors in development for propulsion, baseload power on operating bases and other programs.

    Leidig served as Deputy to the Commander for Military Operations, U.S. Africa Command from August 2010 to June 2013, capping a 39-year Navy career. Prior to this assignment, Leidig was the 80th Commandant of Midshipmen at the U.S. Naval Academy, and earlier commanded USS Cavalla (SSN 684), where his crew earned two Meritorious Unit Commendations and the coveted Battle “E.” Additional leadership posts included Commander, Submarine Development Squadron Five; Commander, Naval Forces and Region Marianas; Commander, Submarine Group Eight; and Deputy Commander, U.S. 6th Fleet. Across these tours he directed submarine rescue programs, Arctic-warfare initiatives, and allied undersea operations, building a reputation for positive, mission-focused leadership.

    Vice Admiral Leidig’s career also included stints as a material officer for Submarine Squadron 11, senior member of the Nuclear Propulsion Examining Board, assistant deputy director for Regional Operations on the Joint Staff, and executive assistant to the Director of the Joint Staff. He is a 1978 graduate, with distinction, of the U.S. Naval Academy and holds a master’s in National Security and Strategic Studies from the Naval War College. Professional education later included the National Security Management Program at Syracuse University and the Navy Executive Business Course at UNC Chapel Hill.

    “The U.S. Navy’s long record of safe, reliable nuclear propulsion has shown how compact reactors can deliver consistent power under demanding conditions,” said Charles J. Leidig, Jr., Chairman of NANO Nuclear’s Executive Advisory Board for Naval Nuclear Initiatives. “NANO Nuclear brings that same spirit of innovation to the next generation of microreactors for potential civilian and military use. NANO Nuclear’s rapid progress reflects a focused, highly capable team, and I’m pleased to contribute my naval nuclear experience as we meet growing demand in the marketplace for advanced nuclear technologies.”

    Figure 1 – NANO Nuclear Appoints Vice Admiral Charles J. Leidig (Ret.) as the Chairman of its Executive Advisory Board for Naval Nuclear Initiatives.

    His personal decorations comprise the Defense Superior Service Medal, Legion of Merit, Meritorious Service Medal, Joint Service Commendation Medal, Navy and Marine Corps Commendation Medal, and Navy and Marine Corps Achievement Medal, among numerous unit awards. He remains deeply engaged with the Naval Academy community and veterans’ organizations, continuing a lifelong commitment to mentorship and national service.

    “NANO Nuclear is moving steadily toward constructing the first U.S. commercial microreactor, the KRONOS MMR Energy System,” said Jay Yu, Founder and Chairman of NANO Nuclear. “As we enter this next phase of development, we are assembling a leadership team equal to the technology’s promise. Vice Admiral Leidig exemplifies the caliber of talent essential to our future, and we are pleased to welcome him to our company.”

    “Vice Admiral Leidig’s appointment further strengthens NANO Nuclear’s roster of leading public- and private-sector advisors,” said James Walker, Chief Executive Officer of NANO Nuclear. “His firsthand experience directing the Navy’s nuclear-power initiatives will be invaluable as the country looks for efficient, long-life energy solutions. With his guidance, we believe our flexible microreactor portfolio in development can help power the next phase of America’s energy transition.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMREnergy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
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    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include those related to the anticipated benefits to NANO Nuclear of the appointment of Vice Admiral Leidig to the Company’s Executive Advisory Board, as well as the Company’s future development plans in general. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the enacted ADVANCE Act and the May 23, 2025 presidential executive orders seeking to support nuclear energy, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network

  • MIL-OSI Africa: Minister of Planning, Economic Development and International Cooperation Participates in the National Workshop for the United Nations (UN) “Convergence” Initiative on Integrating Health and Food Systems with Climate Action

    Source: APO


    .

    H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, delivered an opening speech at the National Workshop of the UN “Convergence” Initiative, which focuses on linking health and food systems with climate action.

    This initiative was launched by the UN Secretary-General during COP28 in the United Arab Emirates, aiming to align the transformation of food systems with climate action to achieve the 2030 Agenda and the goals of the Paris Agreement.

    The UN Food Systems Coordination Hub is responsible for its implementation.

    In her speech, delivered via video, H.E. Dr. Rania Al-Mashat emphasized Egypt’s keenness to enhance its leadership in linking food systems, nutrition, and the climate agenda, within the ambitious vision of the UN initiative.

    H.E. Dr. Al-Mashat pointed to the UN Secretary-General’s statement, which indicated that while the midpoint towards 2030 has been reached, more than half of the Sustainable Development Goals (SDGs) are still lagging. She added that despite this, the future of food systems and the future of climate action are not parallel paths but are deeply interconnected.

    H.E. Minister Al-Mashat highlighted that Egypt has chosen a different path based on integration, innovation, and investment. Egypt has taken bold steps to become one of the first in the region to conduct a comprehensive national dialogue on food systems, bringing together government, private sector, civil society, and academia to reimagine how food systems function. This dialogue formed the foundation for the national pathway.

    H.E. Dr. Al-Mashat also underscored the launch of the National Climate Change Strategy 2050, which reflects Egypt’s belief that food security and climate resilience are two sides of the same coin. She also noted the launch of the “NWFE” platform (Nexus of Water, Food, and Energy), not merely as a tool for development, but as a genuine investment tool linking planning with capital.

    H.E. Minister Al-Mashat mentioned that through “NWFE,” Egypt is mobilizing over $14.7 billion in climate-aligned investment opportunities, clarifying that the United Nations and various institutions have praised the platform as a model for converting national climate commitments into investable projects, particularly in the areas of food and water security. She affirmed that Egypt is currently transitioning from the planning stage to partnerships, and from policies to implementation.

    H.E. Dr. Al-Mashat reiterated that through the UN initiative for the convergence of food systems and climate action, further steps will be taken on the path of integration. When food policies align with climate goals, and when nutrition is treated as a foundation for development rather than a secondary matter, it strengthens resilience in national policies and the economy.

    H.E. Minister Al-Mashat pointed out that according to global estimates, every dollar invested in reducing malnutrition can yield a return of up to $16 through improved health, productivity, and economic growth. She referred to the “Golden Thousand Days” initiative, which represents a crucial window for achieving human development, ensuring that today’s investments bear fruit for decades to come.

    H.E. Dr. Al-Mashat outlined the vital role of the private sector in this process, noting that with agriculture contributing 11% of Egypt’s GDP and 28% of total employment, this sector remains a key pillar for both economic growth and rural livelihoods. She stressed that opening up to private investment and innovation across food value chains will be key to achieving long-term sustainability.

    H.E. Minister Al-Mashat concluded by referencing the Food and Agriculture Organization’s (FAO) estimates showing that food and agriculture systems account for one-third of total greenhouse gas emissions, yet receive less than 10% of climate finance. She explained that through “NWFE” and initiatives like the current workshop, Egypt is working to bridge this gap by advancing the ability of projects that achieve development and climate goals to attract investment.

    Distributed by APO Group on behalf of Ministry of Planning, Economic Development, and International Cooperation – Egypt.

    MIL OSI Africa

  • MIL-OSI Russia: Rosneft uses domestic special equipment to improve the efficiency of power transmission line maintenance

    Translation. Region: Russian Federal

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Orenburgneft, Rosneft’s key production asset in the Volga region, has increased the reliability of power supply to oil production facilities by servicing 6 (10) kV power lines with truck-mounted hydraulic lifts on high-traffic chassis.

    The unique tracked model has high technical and off-road capabilities. In particular, the driver of the special vehicle can automatically level the working platform and control the equipment remotely from the control panel.

    The equipment also allows for the safe delivery and lifting of people and large loads (metal structures, construction equipment), and the performance of transport and technological operations in particularly difficult road and climatic conditions of marshy terrain, afloat and virgin snow.

    The use of hydraulic lifts increases the speed of response to technological shutdowns of network infrastructure during periods of adverse weather conditions by reducing the time it takes for special equipment to arrive at the site of damage, which ensures uninterrupted operation of oil-producing wells and reduces transportation costs.

    The Company’s enterprises regularly replenish their fleets of specialized equipment with new models from domestic developers. Domestic all-terrain vehicles also help the enterprise maintain reliable power supply at any time of year on any site. Last year, the fleet of Orenburgneft’s special equipment was replenished with ten such high-traffic vehicles.

    Reference:

    JSC Orenburgneft, a subsidiary of Rosneft Oil Company, carries out production activities in the Orenburg, Samara and Saratov regions. The company’s fields are supplied with electricity by 51 35-110 kV substations with a total length of 6-110 kV networks – more than 4,000 km. From 2019 to 2024, as part of the implementation of the program to improve the reliability of power supply to oil production facilities, Orenburgneft commissioned seven 35-110 kV electrical substations, 170 km of overhead lines of 35-110 kV voltage class were built.

    Department of Information and AdvertisingPJSC NK RosneftJuly 15, 2025

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI: House passes cryptocurrency bill, Bitcoin price surges, BTC cloud mining service launched

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 15, 2025 (GLOBE NEWSWIRE) — Starting July 14, the US House of Representatives will launch “Crypto Week,” debating three industry-friendly bills poised to establish the clear regulatory framework the crypto sector has long awaited.

    Expectations for further positive news have driven the rise of Bitcoin. Bitcoin has risen 29% and hit a record high of $122,055 on Monday. The surge triggered a general rise in other cryptocurrencies, with Ethereum, the world’s second-largest cryptocurrency, reaching a five-month high of $3,048.2 on Monday.

    In this cryptocurrency market boom, LET Mining launched a high-yield cloud mining service. As the price of the currency rises, the daily income of cloud computing power contract users will increase simultaneously, allowing users to achieve stable returns and asset appreciation through cloud computing power contracts.

    LET Mining Cloud Mining Service: A BTC income channel that everyone can participate in
    ●Zero technical threshold
    Users do not need to buy mining machines or maintain equipment, and can participate in mining by purchasing computing power remotely.

    ●Daily income, flexible withdrawal
    The platform settles mining income to the user’s account every day, which can be freely withdrawn or reinvested.

    ●Energy-saving green mining
    The mine is deployed in areas rich in hydropower resources, taking into account both efficiency and environmental protection.

    ●Multiple contracts available
    Provide short-term, high-yield and long-term stable mining plans to suit different user preferences.

    How to quickly use BTC to start cloud computing service with one click

    1. Register an account
    Visit the LET Mining official website: https://letmining.com/, quickly register an account, and register new users to get a $12 registration reward.

    2. Top up BTC
    Select “BTC Top up” in the account, the system will generate an BTC wallet address, copy the address and transfer it from the exchange or personal wallet. 

    3. Choose a contract plan
    The platform provides a variety of cloud mining contracts, including short-term stable, long-term compound interest and high-yield types, which can be freely selected.

    ●Experience Contract: Investment amount: $100, contract period: 2 days, daily income of $4, expiration income: $100 + $8

    ●BTC Classic Hash Power: Investment amount: $500, contract period: 5 days, daily income of $6, expiration income: $500 + $30

    ●BTC Classic Hash Power: Investment amount: $1,800, contract period: 12 days, daily income of $23.76, expiration income: $1,800 + $285.12

    ●BTC Advanced Hash Power: Investment amount: $5,000, contract period: 29 days, daily income of $76.5, expiration income: $5,000 + $2,218.5

    ●BTC Advanced Hash Power: Investment amount: $10,000, contract period: 43 days, daily income of $174, expiration income: $10,000 + $7,482

    (Click here to view more high-yield contract details)

    4. Start earning income
    After the contract is activated, the system will distribute mining income in proportion every day, and can be withdrawn to the BTC wallet address at any time, truly realizing “holding coins to make money” and easily enjoying digital passive income.

    With favorable policies, soaring coin prices and upgraded mining technology, Bitcoin ushers in a new cycle

    US legislation promotes the legalization of cryptocurrencies, and Bitcoin prices hit a record high. LET Mining cloud mining services, as a new way of participation, have also risen, providing users with fast and secure computing power access channels, allowing more people to share the dividends of the encryption era.

    It marks the entry of the encryption industry into a new cycle of “compliant growth + technological innovation”. For investors, LET Mining is the entrance to participate in the global currency strategy.

    Join the LET Mining cloud mining plan now and let Bitcoin bring you real benefits every day.

    Official website: https://letmining.com/
    Contact email: info@letmining.com

    Attachment

    The MIL Network

  • MIL-OSI: Hut 8 Rebrands to Align External Positioning with Power-First, Platform-Driven Business Model

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 15, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced a corporate rebrand that aligns the Company’s external positioning with its strategic focus on energy and digital infrastructure through an integrated platform model focused on disciplined capital allocation, operational rigor, and relentless performance optimization.

    “Our new brand enables us to more clearly express what has always set Hut 8 apart: a power-first, innovation-driven approach to developing, commercializing, and operating next-generation digital infrastructure,” said Asher Genoot, CEO of Hut 8. “Since our merger of equals, we have scaled with discipline across each layer of our platform, institutionalized the broader business, and executed with the rigor we believe is required to deliver outsized long-term value for our investors. Our new brand embeds our platform-driven strategy into our external positioning and sharpens how we articulate our business model, structural advantages, and approach to long-term value creation to the market.”

    The Company’s rebrand follows over a year of disciplined strategic, operational, and capital markets execution under new leadership, which has solidified Hut 8’s position as a power-first, innovation-driven developer of energy and digital infrastructure. Since the merger of Hut 8 Mining Corp. with U.S. Data Mining Group, Inc. (“US Bitcoin Corp”) in November 2023, the Company has:

    • Expanded its energy infrastructure platform to 1,020 megawatts (“MW”) under management across 15 sites as of March 31, 2025, which includes scaled behind-the-meter operations at King Mountain (280 MW) and Vega (205 MW)
    • Built a high-velocity, utility-scale power origination pipeline spanning ~10,800 MW of capacity as of March 31, 2025, a more than threefold increase from 3,000+ MW as of the end of Q2 2024, including ~2,600 MW under exclusivity, anchored by a power-native team led by former executives and team members from some of North America’s largest generation owners, utilities, energy investment firms, infrastructure developers, and trading desks
    • Advanced AI data center development opportunities comprising 430 MW of total capacity, including River Bend, a 592-acre campus in Louisiana where sitework is underway
    • Designed and commercialized a next-generation Tier I data center form factor for ASIC compute at Vega, which features a proprietary, rack-based, direct-to-chip liquid cooling system designed by Hut 8 to support ASIC deployments at densities of up to 180 kilowatts (“kW”) per rack, with initial customer discussions supporting the viability of this architecture for future iterations of liquid-cooled infrastructure to meet emerging HPC workloads and next-generation AI data center design
    • Restructured its Bitcoin mining business into a standalone entity through the launch of American Bitcoin Corp. (“American Bitcoin”), creating a dedicated Bitcoin accumulation vehicle that can scale independently without diverting capital from the Company’s core Power and Digital Infrastructure businesses
    • Scaled lower volatility, contracted businesses, executing an ASIC Colocation agreement with BITMAIN at Vega, ASIC Colocation and Managed Services agreements with American Bitcoin, and five-year capacity contracts with the Ontario Independent Electricity System Operator (“IESO”) for 310 MW of Power Generation assets
    • Executed innovative, dilution-sensitive financings, including: (i) an upsized Coinbase credit facility, increased from $65 million to $130 million, with a fixed interest rate of 9.0%, compared to a stated interest rate ranging from 10.5% to 11.5% between the quarter ended December 31, 2023 and the quarter ended March 31, 2025; (ii) a Bitcoin-backed call option structure used to fund the Company’s purchase of machines from BITMAIN; (iii) a covered call program that generated more than $20 million in net proceeds from premiums on Bitcoin held in reserve in fiscal year 2024; and (iv) an at-the-market (“ATM”) equity offering program through which $275.5 million in net proceeds has been raised at a weighted average price of $28.23 per share as of March 31, 2025
    • Deepened institutional alignment, supporting growth in institutional ownership from approximately 12% at the end of Q1 2024 to approximately 55% at year-end 2024, marked by milestones like a strategic investment from Coatue, the conversion of the Company’s Anchorage loan to equity, the onboarding of a Big 4 audit firm, and the hiring of seasoned veterans from the power and digital infrastructure sectors
    • Realigned its reporting structure to provide a clearer, more comprehensive view of how each layer of the Company’s platform—Power, Digital Infrastructure, and Compute—contributes to growth, profitability, and value creation in the context of the overall business

    The Hut 8 name remains unchanged, reflecting the Company’s continued alignment with the legacy of technical innovation that defines its namesake. Named for the building at Bletchley Park where Alan Turing led foundational work in computer science and artificial intelligence during World War II, the Company carries forward that legacy today at the intersection of energy and technology.

    The rebrand does not impact Hut 8’s existing relationships, agreements, and operations. The Company’s updated website is now live at hut8.com.

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the Company’s strategic focus on energy and digital infrastructure through an integrated platform model focused on disciplined capital allocation, operational rigor, and relentless performance optimization, the viability of the Company’s proprietary system to support future iterations of liquid-cooled infrastructure to meet emerging HPC workloads and next-generation AI data center design, the ability of American Bitcoin to scale without diverting capital from the Company’s core Power and Digital Infrastructure businesses, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; construction of new data centers, data center expansions, or data center redevelopment; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Public Relations
    Gautier Lemyze-Young
    media@hut8.com

    The MIL Network

  • MIL-OSI: Hut 8 Rebrands to Align External Positioning with Power-First, Platform-Driven Business Model

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 15, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced a corporate rebrand that aligns the Company’s external positioning with its strategic focus on energy and digital infrastructure through an integrated platform model focused on disciplined capital allocation, operational rigor, and relentless performance optimization.

    “Our new brand enables us to more clearly express what has always set Hut 8 apart: a power-first, innovation-driven approach to developing, commercializing, and operating next-generation digital infrastructure,” said Asher Genoot, CEO of Hut 8. “Since our merger of equals, we have scaled with discipline across each layer of our platform, institutionalized the broader business, and executed with the rigor we believe is required to deliver outsized long-term value for our investors. Our new brand embeds our platform-driven strategy into our external positioning and sharpens how we articulate our business model, structural advantages, and approach to long-term value creation to the market.”

    The Company’s rebrand follows over a year of disciplined strategic, operational, and capital markets execution under new leadership, which has solidified Hut 8’s position as a power-first, innovation-driven developer of energy and digital infrastructure. Since the merger of Hut 8 Mining Corp. with U.S. Data Mining Group, Inc. (“US Bitcoin Corp”) in November 2023, the Company has:

    • Expanded its energy infrastructure platform to 1,020 megawatts (“MW”) under management across 15 sites as of March 31, 2025, which includes scaled behind-the-meter operations at King Mountain (280 MW) and Vega (205 MW)
    • Built a high-velocity, utility-scale power origination pipeline spanning ~10,800 MW of capacity as of March 31, 2025, a more than threefold increase from 3,000+ MW as of the end of Q2 2024, including ~2,600 MW under exclusivity, anchored by a power-native team led by former executives and team members from some of North America’s largest generation owners, utilities, energy investment firms, infrastructure developers, and trading desks
    • Advanced AI data center development opportunities comprising 430 MW of total capacity, including River Bend, a 592-acre campus in Louisiana where sitework is underway
    • Designed and commercialized a next-generation Tier I data center form factor for ASIC compute at Vega, which features a proprietary, rack-based, direct-to-chip liquid cooling system designed by Hut 8 to support ASIC deployments at densities of up to 180 kilowatts (“kW”) per rack, with initial customer discussions supporting the viability of this architecture for future iterations of liquid-cooled infrastructure to meet emerging HPC workloads and next-generation AI data center design
    • Restructured its Bitcoin mining business into a standalone entity through the launch of American Bitcoin Corp. (“American Bitcoin”), creating a dedicated Bitcoin accumulation vehicle that can scale independently without diverting capital from the Company’s core Power and Digital Infrastructure businesses
    • Scaled lower volatility, contracted businesses, executing an ASIC Colocation agreement with BITMAIN at Vega, ASIC Colocation and Managed Services agreements with American Bitcoin, and five-year capacity contracts with the Ontario Independent Electricity System Operator (“IESO”) for 310 MW of Power Generation assets
    • Executed innovative, dilution-sensitive financings, including: (i) an upsized Coinbase credit facility, increased from $65 million to $130 million, with a fixed interest rate of 9.0%, compared to a stated interest rate ranging from 10.5% to 11.5% between the quarter ended December 31, 2023 and the quarter ended March 31, 2025; (ii) a Bitcoin-backed call option structure used to fund the Company’s purchase of machines from BITMAIN; (iii) a covered call program that generated more than $20 million in net proceeds from premiums on Bitcoin held in reserve in fiscal year 2024; and (iv) an at-the-market (“ATM”) equity offering program through which $275.5 million in net proceeds has been raised at a weighted average price of $28.23 per share as of March 31, 2025
    • Deepened institutional alignment, supporting growth in institutional ownership from approximately 12% at the end of Q1 2024 to approximately 55% at year-end 2024, marked by milestones like a strategic investment from Coatue, the conversion of the Company’s Anchorage loan to equity, the onboarding of a Big 4 audit firm, and the hiring of seasoned veterans from the power and digital infrastructure sectors
    • Realigned its reporting structure to provide a clearer, more comprehensive view of how each layer of the Company’s platform—Power, Digital Infrastructure, and Compute—contributes to growth, profitability, and value creation in the context of the overall business

    The Hut 8 name remains unchanged, reflecting the Company’s continued alignment with the legacy of technical innovation that defines its namesake. Named for the building at Bletchley Park where Alan Turing led foundational work in computer science and artificial intelligence during World War II, the Company carries forward that legacy today at the intersection of energy and technology.

    The rebrand does not impact Hut 8’s existing relationships, agreements, and operations. The Company’s updated website is now live at hut8.com.

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the Company’s strategic focus on energy and digital infrastructure through an integrated platform model focused on disciplined capital allocation, operational rigor, and relentless performance optimization, the viability of the Company’s proprietary system to support future iterations of liquid-cooled infrastructure to meet emerging HPC workloads and next-generation AI data center design, the ability of American Bitcoin to scale without diverting capital from the Company’s core Power and Digital Infrastructure businesses, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; construction of new data centers, data center expansions, or data center redevelopment; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Public Relations
    Gautier Lemyze-Young
    media@hut8.com

    The MIL Network

  • MIL-OSI: Hut 8 Rebrands to Align External Positioning with Power-First, Platform-Driven Business Model

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 15, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced a corporate rebrand that aligns the Company’s external positioning with its strategic focus on energy and digital infrastructure through an integrated platform model focused on disciplined capital allocation, operational rigor, and relentless performance optimization.

    “Our new brand enables us to more clearly express what has always set Hut 8 apart: a power-first, innovation-driven approach to developing, commercializing, and operating next-generation digital infrastructure,” said Asher Genoot, CEO of Hut 8. “Since our merger of equals, we have scaled with discipline across each layer of our platform, institutionalized the broader business, and executed with the rigor we believe is required to deliver outsized long-term value for our investors. Our new brand embeds our platform-driven strategy into our external positioning and sharpens how we articulate our business model, structural advantages, and approach to long-term value creation to the market.”

    The Company’s rebrand follows over a year of disciplined strategic, operational, and capital markets execution under new leadership, which has solidified Hut 8’s position as a power-first, innovation-driven developer of energy and digital infrastructure. Since the merger of Hut 8 Mining Corp. with U.S. Data Mining Group, Inc. (“US Bitcoin Corp”) in November 2023, the Company has:

    • Expanded its energy infrastructure platform to 1,020 megawatts (“MW”) under management across 15 sites as of March 31, 2025, which includes scaled behind-the-meter operations at King Mountain (280 MW) and Vega (205 MW)
    • Built a high-velocity, utility-scale power origination pipeline spanning ~10,800 MW of capacity as of March 31, 2025, a more than threefold increase from 3,000+ MW as of the end of Q2 2024, including ~2,600 MW under exclusivity, anchored by a power-native team led by former executives and team members from some of North America’s largest generation owners, utilities, energy investment firms, infrastructure developers, and trading desks
    • Advanced AI data center development opportunities comprising 430 MW of total capacity, including River Bend, a 592-acre campus in Louisiana where sitework is underway
    • Designed and commercialized a next-generation Tier I data center form factor for ASIC compute at Vega, which features a proprietary, rack-based, direct-to-chip liquid cooling system designed by Hut 8 to support ASIC deployments at densities of up to 180 kilowatts (“kW”) per rack, with initial customer discussions supporting the viability of this architecture for future iterations of liquid-cooled infrastructure to meet emerging HPC workloads and next-generation AI data center design
    • Restructured its Bitcoin mining business into a standalone entity through the launch of American Bitcoin Corp. (“American Bitcoin”), creating a dedicated Bitcoin accumulation vehicle that can scale independently without diverting capital from the Company’s core Power and Digital Infrastructure businesses
    • Scaled lower volatility, contracted businesses, executing an ASIC Colocation agreement with BITMAIN at Vega, ASIC Colocation and Managed Services agreements with American Bitcoin, and five-year capacity contracts with the Ontario Independent Electricity System Operator (“IESO”) for 310 MW of Power Generation assets
    • Executed innovative, dilution-sensitive financings, including: (i) an upsized Coinbase credit facility, increased from $65 million to $130 million, with a fixed interest rate of 9.0%, compared to a stated interest rate ranging from 10.5% to 11.5% between the quarter ended December 31, 2023 and the quarter ended March 31, 2025; (ii) a Bitcoin-backed call option structure used to fund the Company’s purchase of machines from BITMAIN; (iii) a covered call program that generated more than $20 million in net proceeds from premiums on Bitcoin held in reserve in fiscal year 2024; and (iv) an at-the-market (“ATM”) equity offering program through which $275.5 million in net proceeds has been raised at a weighted average price of $28.23 per share as of March 31, 2025
    • Deepened institutional alignment, supporting growth in institutional ownership from approximately 12% at the end of Q1 2024 to approximately 55% at year-end 2024, marked by milestones like a strategic investment from Coatue, the conversion of the Company’s Anchorage loan to equity, the onboarding of a Big 4 audit firm, and the hiring of seasoned veterans from the power and digital infrastructure sectors
    • Realigned its reporting structure to provide a clearer, more comprehensive view of how each layer of the Company’s platform—Power, Digital Infrastructure, and Compute—contributes to growth, profitability, and value creation in the context of the overall business

    The Hut 8 name remains unchanged, reflecting the Company’s continued alignment with the legacy of technical innovation that defines its namesake. Named for the building at Bletchley Park where Alan Turing led foundational work in computer science and artificial intelligence during World War II, the Company carries forward that legacy today at the intersection of energy and technology.

    The rebrand does not impact Hut 8’s existing relationships, agreements, and operations. The Company’s updated website is now live at hut8.com.

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the Company’s strategic focus on energy and digital infrastructure through an integrated platform model focused on disciplined capital allocation, operational rigor, and relentless performance optimization, the viability of the Company’s proprietary system to support future iterations of liquid-cooled infrastructure to meet emerging HPC workloads and next-generation AI data center design, the ability of American Bitcoin to scale without diverting capital from the Company’s core Power and Digital Infrastructure businesses, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; construction of new data centers, data center expansions, or data center redevelopment; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Public Relations
    Gautier Lemyze-Young
    media@hut8.com

    The MIL Network

  • MIL-OSI Asia-Pac: LegCo Secretariat releases Policy Pulse on “Strategies and edges of Hong Kong in hydrogen development”

    Source: Hong Kong Government special administrative region – 4

    The following is issued on behalf of the Legislative Council Secretariat:

         The Legislative Council (LegCo) Secretariat today (July 15) released the latest issue of the Policy Pulse on “Strategies and edges of Hong Kong in hydrogen development”. This issue provides a brief overview of hydrogen energy development strategies in Hong Kong, the edges of promoting the hydrogen energy industry, the latest progress of improving relevant legislation by the Government, as well as relevant discussions of LegCo along with suggestions by Members.

         LegCo will resume the Second Reading debate on the Gas Safety (Amendment) Bill 2025 tomorrow (July 16). The Bill seeks to regulate the use of hydrogen as fuel to ensure the safe application of hydrogen fuel. It also empowers the Government to introduce new subsidiary legislation to ensure the flexibility of updating the regulatory requirements. The Government intends to introduce subsidiary legislation in 2026 to cover the entire supply chain of hydrogen as fuel. 

         The Policy Pulse highlights that the Hong Kong Special Administrative Region (SAR) Government actively promotes the development of hydrogen energy, and promulgated the Strategy of Hydrogen Development in Hong Kong last year. Setting out four major strategies of improving legislation, establishing standards, aligning with the market and advancing with prudence, the Strategy aims to create an environment conducive to the development of hydrogen energy in Hong Kong in an orderly manner, so as to make preparations for the wider application of hydrogen energy in the future.

         With a “zero carbon emissions” feature, hydrogen is a new energy with significant decarbonisation potential. Our country is the largest hydrogen producer in the world, and strives to achieve the “dual carbon” goals of peaking carbon emissions before 2030 and achieving carbon neutrality before 2060. The SAR Government also targets to cut carbon emissions by half from the 2005 level before 2035 and achieve carbon neutrality before 2050. The Policy Pulse points out that, with its unique advantage of enjoying strong support of the motherland and being closely connected to the world, as well as the strengths in scientific research, robust legislation and energy infrastructure, Hong Kong has very great potential to become a demonstration base for the development of hydrogen energy in the country, and facilitate the development of the hydrogen energy industry in the Belt and Road region and other overseas places. In addition, as an international financial centre, Hong Kong can help enterprises with their green transformation by providing green financing and professional services.

         The Policy Pulse also introduces a number of measures by the SAR Government to support research and innovation in the hydrogen energy technology. These include setting up the Inter-departmental Working Group on Using Hydrogen as Fuel to co-ordinate the efforts in promoting the local use of hydrogen energy and initiate relevant trial projects. Meanwhile, the Government has launched several funding schemes that cover the research and development of hydrogen energy technology, and actively promotes talent training, technological exchange and application in relevant scientific and technological fields, so as to cultivate professionals with the specialised knowledge and skills to ensure the safe application of hydrogen energy technology.

         LegCo Members have long attached great importance to the development of hydrogen energy in Hong Kong. In March 2023, LegCo passed a motion advocating the SAR Government to comprehensively promote the development of hydrogen energy industry in Hong Kong. The LegCo Panel on Environmental Affairs also visited hydrogen projects during its duty visit to Mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area (the Greater Bay Area) in August of the same year, and has been following up on issues related to hydrogen energy. The Policy Pulse summarises various recommendations made by Members on hydrogen energy development. These include capitalising on the strengths of Hong Kong’s financial services industry to attract capital investment in the city’s hydrogen energy industry and reserve land for development. Furthermore, the Government should take the lead in developing green industries and make use of new development areas as a springboard to bring in quality hydrogen energy industries; formulate relevant policies on hydrogen energy pricing to stimulate demand for hydrogen energy; promote carbon index certification to include hydrogen energy into Hong Kong’s carbon emissions trading market; and actively research and develop local hydrogen production technology, among others.

         The Policy Pulse points out that hydrogen energy is an integral component of the country’s future energy system. Members urge the Government to collaborate with other cities in the Greater Bay Area on the joint research, development and promotion of hydrogen energy development projects to facilitate exchanges and co-operation between the two places across the hydrogen energy industrial chain, with a view to promoting the alignment of the safety monitoring and quality testing standards between Hong Kong and the Mainland. Members also advise the Government to speed up the development of a set of internationally recognised hydrogen energy certification standards, so as to assist the Greater Bay Area and even the entire hydrogen industry in the country to enter the international market.

         The detailed content of “Strategies and edges of Hong Kong in hydrogen development” is available on the LegCo Website. The Policy Pulse, published by the Council Business Divisions of the LegCo Secretariat, covers specific topics and offers a comprehensive overview of related policy developments and summarised discussions in LegCo.

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: Work begins on multi-storey refurbishment and improvement programme

    Source: Scotland – City of Perth

    The work is necessary to extend the life expectancy of the buildings so they can continue to provide homes to local residents for years to come. 

    The programme will see significant works carried out to the interiors of communal areas and exteriors of the blocks at Pomarium, Market, Milne, Lickley, and Potterhill. This will enhance the interior areas of the blocks and transform how the blocks look on the outside. Planned work includes upgrading external wall insulation, roof coverings, balconies, handrails, walkways, balustrades, passenger lifts, and fire safety measures. 

    The Council plans to carry out the programme of works through a phased approach starting with Blocks 7-51 and 52-95 Pomarium Street, followed by Lickley, Milne and Market Courts and Potterhill as the final block. 

    Scaffolding will be erected around 7-51 Pomarium Street over the next few weeks as the improvement programme gets underway. Work on the block is scheduled to be completed by May 2026. Work will begin in August on 52-95 Pomarium Street, which is scheduled to be finished in April 2026.  

    The improvement programme will then move on to Lickley Court. 

    The aim of the works is to make all the homes safer and more comfortable to live in by: 

    • Significantly reducing energy demand 

    • Improving ventilation to reduce the build-up of moisture, damp and mould 

    • Improving fire safety 

    • Making homes easier to heat 

    • Reducing carbon emissions 

    • Reducing energy consumption 

    • Extending the life expectancy of the blocks 

    • Improved internal and external visual appearance. 

    The programme also aims to bring all six blocks up to a standard known as Energy Efficiency Standard for Social Housing (EESSH2). This is the minimum energy efficiency standard for social housing and are targets set by the Scottish Government in the move to more energy efficient homes. 

    We have carried out a programme of engagement with all residents and homeowners ahead of the start of the works. Homeowners are expected to meet their share of the costs, and we have worked to put a range of options and support in place to help them if they need any assistance. 

    Housing and Social Wellbeing Convener, Councillor Tom McEwan, said: “This represents a significant investment for the Council, but the structural maintenance programme is vital for ensuring our multi-storey blocks remain safe, warm, and secure for current and future residents for years to come.  

    “The work will transform the blocks inside and out, enhancing the environment for both residents and the general population.   

    “It will massively improve the lives of people who live in the blocks. People who have bought their homes, and landlords, will be required to make a contribution and we have worked diligently to provide a range of supportive options for homeowners, including Scottish Government grant funding, flexible repayment plans and a buy-back option. Our aim is to assist homeowners through this period and help secure the future of their homes.” 

    More information on the improvement programme is available at: Multi-Storey Refurbishment Works

    MIL OSI United Kingdom

  • MIL-OSI Africa: Implats’ Emma Townshend to Speak at African Mining Week (AMW) Amidst Platinum Group Metals (PGMs) Market Sustainability Drive

    Source: APO – Report:

    .

    Emma Townshend, Executive: Corporate Affairs at South African mining company Implats, has confirmed her participation as a speaker at the upcoming African Mining Week (AMW) 2025, Africa’s premier event for mining stakeholders.

    Townshend will contribute to a high-level panel discussion titled South Africa’s Strategic Influence in the Global Platinum Group Metals (PGMs) Market, showcasing Implats’ role in maintaining South Africa’s dominance in PGMs.

    African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    Townshend’s AMW participation comes at a time when Implats is strengthening its operations to support long-term growth. In July 2025, the company announced the consolidation of its Impala Platinum and Impala Bafokeng Resources (http://apo-opa.co/3IseQy8) operations in South Africa. This strategic realignment is aimed at mitigating the effects of PGM price volatility, improving operational efficiency and securing sustainable revenue for both Implats and the broader South African economy, which accounts for approximately 80% of global PGM output.

    The company also has an ongoing capital investment program (http://apo-opa.co/4lRpI70) designed to increase production capacity, extend life-of-mines and enhance local beneficiation. Key projects include a R460 million initiative at Impala Bafokeng to counter declining production. The firm is undertaking over $387 million in upgrades to tailings and smelting infrastructure at Zimplats in Zimbabwe. The development of the Mupani Mine in Zimbabwe is expected to increase the company’s annual platinum ore output by 2.2 million tons in 2026 and 3.6 million tons by 2029. Additionally, a R500 million expansion at the Springs Base-Metal Refinery in South Africa aims to strengthen the company’s processing capabilities and operational resilience.

    At AMW, sustainability will also be a major focus of Townshend’s remarks. Implats has set an ambitious target to reduce its carbon emissions by 30% by 2030. As part of this effort, the company signed a five-year power purchase agreement (PPA) (http://apo-opa.co/4ePzKTV) with Discovery Green in January 2025 for the provision of 130,000 MWh of renewable electricity annually to its Springs refinery. The agreement is expected to meet 90% of the refinery’s power needs from 2026, cutting approximately 170,000 tons of greenhouse gas emissions annually. The company is also expanding its renewable footprint with an additional 45 MW solar power plant at Zimplats, complementing the 35 MW facility commissioned at its Selous metallurgical complex in 2024.

    In addition to showcasing operational and environmental initiatives, AMW represents an ideal platform for Townsend to spotlight Implats’ leadership in promoting gender inclusivity in the mining sector. The company has already achieved its 2026 goal of 29% female representation in management and continues to integrate gender equality into its broader growth strategy.

    – on behalf of Energy Capital & Power.

    MIL OSI Africa

  • MIL-OSI Europe: Sweden supports Ukraine through the IAEA

    Source: Government of Sweden

    The Government has decided to provide SEK 20 million to the International Atomic Energy Agency’s (IAEA) nuclear safety and security missions in Ukraine in 2025. Support to the IAEA’s work aligns with the Government’s overarching goal of supporting Ukraine in light of Russia’s full-scale invasion.

    MIL OSI Europe News

  • MIL-OSI Security: Tritium Level Far Below Japan’s Operational Limit in 13th Batch of ALPS-Treated Water, IAEA Confirms

    Source: International Atomic Energy Agency – IAEA

    Independent sampling and analysis conducted by the International Atomic Energy Agency (IAEA) have confirmed that the tritium concentration in the 13th batch of ALPS-treated water, which Tokyo Electric Power Company (TEPCO) began discharging today from the Fukushima Daiichi Nuclear Power Station (FDNPS), is far below Japan’s operational limit.

    As part of its ongoing safety review, the IAEA collected and analyzed samples onsite of the diluted water that was being prepared for discharge as part of this latest batch. The results confirmed that the tritium concentration is far below the operational limit of 1,500 becquerels per litre and is in line with international safety standards.

    Japan is releasing the ALPS-treated water in a series of batches over the next decades, following the start of the discharge in August 2023. The treated water is diluted with seawater prior to discharge. Of the 93.500 cubic meters of water already released in the first 12 batches, the IAEA confirmed that the tritium concentrations were far below the international safety standards and operational limits.

    In a comprehensive report issued on 4 July 2023 before the discharge began, the IAEA’s safety review found that Japan’s plan for handling the treated water was consistent with international safety standards and that the release as planned would have a negligible radiological impact to people and the environment.

    Reports on sampling, independent analysis, data evaluation, as well as timeline, are available on the IAEA website.

    MIL Security OSI

  • MIL-OSI Security: Tritium Level Far Below Japan’s Operational Limit in 13th Batch of ALPS-Treated Water, IAEA Confirms

    Source: International Atomic Energy Agency – IAEA

    Independent sampling and analysis conducted by the International Atomic Energy Agency (IAEA) have confirmed that the tritium concentration in the 13th batch of ALPS-treated water, which Tokyo Electric Power Company (TEPCO) began discharging today from the Fukushima Daiichi Nuclear Power Station (FDNPS), is far below Japan’s operational limit.

    As part of its ongoing safety review, the IAEA collected and analyzed samples onsite of the diluted water that was being prepared for discharge as part of this latest batch. The results confirmed that the tritium concentration is far below the operational limit of 1,500 becquerels per litre and is in line with international safety standards.

    Japan is releasing the ALPS-treated water in a series of batches over the next decades, following the start of the discharge in August 2023. The treated water is diluted with seawater prior to discharge. Of the 93.500 cubic meters of water already released in the first 12 batches, the IAEA confirmed that the tritium concentrations were far below the international safety standards and operational limits.

    In a comprehensive report issued on 4 July 2023 before the discharge began, the IAEA’s safety review found that Japan’s plan for handling the treated water was consistent with international safety standards and that the release as planned would have a negligible radiological impact to people and the environment.

    Reports on sampling, independent analysis, data evaluation, as well as timeline, are available on the IAEA website.

    MIL Security OSI

  • MIL-OSI NGOs: Tritium Level Far Below Japan’s Operational Limit in 13th Batch of ALPS-Treated Water, IAEA Confirms

    Source: International Atomic Energy Agency (IAEA) –

    Independent sampling and analysis conducted by the International Atomic Energy Agency (IAEA) have confirmed that the tritium concentration in the 13th batch of ALPS-treated water, which Tokyo Electric Power Company (TEPCO) began discharging today from the Fukushima Daiichi Nuclear Power Station (FDNPS), is far below Japan’s operational limit.

    As part of its ongoing safety review, the IAEA collected and analyzed samples onsite of the diluted water that was being prepared for discharge as part of this latest batch. The results confirmed that the tritium concentration is far below the operational limit of 1,500 becquerels per litre and is in line with international safety standards.

    Japan is releasing the ALPS-treated water in a series of batches over the next decades, following the start of the discharge in August 2023. The treated water is diluted with seawater prior to discharge. Of the 93.500 cubic meters of water already released in the first 12 batches, the IAEA confirmed that the tritium concentrations were far below the international safety standards and operational limits.

    In a comprehensive report issued on 4 July 2023 before the discharge began, the IAEA’s safety review found that Japan’s plan for handling the treated water was consistent with international safety standards and that the release as planned would have a negligible radiological impact to people and the environment.

    Reports on sampling, independent analysis, data evaluation, as well as timeline, are available on the IAEA website.

    MIL OSI NGO

  • MIL-OSI United Nations: Tritium Level Far Below Japan’s Operational Limit in 13th Batch of ALPS-Treated Water, IAEA Confirms

    Source: International Atomic Energy Agency (IAEA)

    Independent sampling and analysis conducted by the International Atomic Energy Agency (IAEA) have confirmed that the tritium concentration in the 13th batch of ALPS-treated water, which Tokyo Electric Power Company (TEPCO) began discharging today from the Fukushima Daiichi Nuclear Power Station (FDNPS), is far below Japan’s operational limit.

    As part of its ongoing safety review, the IAEA collected and analyzed samples onsite of the diluted water that was being prepared for discharge as part of this latest batch. The results confirmed that the tritium concentration is far below the operational limit of 1,500 becquerels per litre and is in line with international safety standards.

    Japan is releasing the ALPS-treated water in a series of batches over the next decades, following the start of the discharge in August 2023. The treated water is diluted with seawater prior to discharge. Of the 93.500 cubic meters of water already released in the first 12 batches, the IAEA confirmed that the tritium concentrations were far below the international safety standards and operational limits.

    In a comprehensive report issued on 4 July 2023 before the discharge began, the IAEA’s safety review found that Japan’s plan for handling the treated water was consistent with international safety standards and that the release as planned would have a negligible radiological impact to people and the environment.

    Reports on sampling, independent analysis, data evaluation, as well as timeline, are available on the IAEA website.

    MIL OSI United Nations News

  • MIL-OSI United Nations: Tritium Level Far Below Japan’s Operational Limit in 13th Batch of ALPS-Treated Water, IAEA Confirms

    Source: International Atomic Energy Agency (IAEA)

    Independent sampling and analysis conducted by the International Atomic Energy Agency (IAEA) have confirmed that the tritium concentration in the 13th batch of ALPS-treated water, which Tokyo Electric Power Company (TEPCO) began discharging today from the Fukushima Daiichi Nuclear Power Station (FDNPS), is far below Japan’s operational limit.

    As part of its ongoing safety review, the IAEA collected and analyzed samples onsite of the diluted water that was being prepared for discharge as part of this latest batch. The results confirmed that the tritium concentration is far below the operational limit of 1,500 becquerels per litre and is in line with international safety standards.

    Japan is releasing the ALPS-treated water in a series of batches over the next decades, following the start of the discharge in August 2023. The treated water is diluted with seawater prior to discharge. Of the 93.500 cubic meters of water already released in the first 12 batches, the IAEA confirmed that the tritium concentrations were far below the international safety standards and operational limits.

    In a comprehensive report issued on 4 July 2023 before the discharge began, the IAEA’s safety review found that Japan’s plan for handling the treated water was consistent with international safety standards and that the release as planned would have a negligible radiological impact to people and the environment.

    Reports on sampling, independent analysis, data evaluation, as well as timeline, are available on the IAEA website.

    MIL OSI United Nations News

  • MIL-OSI Economics: Q&A: ADB’s Commitment to Clean Energy and Green Growth

    Source: Asia Development Bank

    Priyantha Wijayatunga, ADB’s Senior Director of the Energy Sector Office, explains the key principles of ADB’s energy agenda, the role and future of its Energy Policy, and provides examples from the field showing real-world progress toward net-zero.

    MIL OSI Economics

  • MIL-OSI Economics: Q&A: ADB’s Commitment to Clean Energy and Green Growth

    Source: Asia Development Bank

    Priyantha Wijayatunga, ADB’s Senior Director of the Energy Sector Office, explains the key principles of ADB’s energy agenda, the role and future of its Energy Policy, and provides examples from the field showing real-world progress toward net-zero.

    MIL OSI Economics

  • MIL-OSI Russia: ExxonMobil has begun operating a major chemical complex in southern China /detailed version-1/

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    GUANGZHOU, July 15 (Xinhua) — Energy giant ExxonMobil on Tuesday commissioned its flagship chemical complex in southern China, the first major petrochemical project in the country that the U.S. company has wholly owned.

    The move underscores ExxonMobil’s confidence in the world’s second-largest economy and comes amid China’s ongoing efforts to promote high-level opening-up and attract foreign investment.

    The first phase of the project, located in the Dayawan Petrochemical Industrial Park in Huizhou City, Guangdong Province, southern China, includes a flexible feedstock steam cracker with an annual capacity of 1.6 million tons of ethylene, a key ingredient in the production of plastics and fibers used in a wide range of products such as packaging.

    The site also houses production facilities for high-performance polyethylene and polypropylene.

    At the launch ceremony, ExxonMobil Senior Vice President Jack Williams called the complex a “new chapter” in the company’s long history in China and said the project would be a key element in developing a powerful petrochemical industry in Guangdong Province.

    Construction of the complex in Huizhou began in April 2020 and includes two stages. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: LegCo to consider Gas Safety (Amendment) Bill 2025

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Legislative Council Secretariat: 

         The Legislative Council (LegCo) will hold a meeting tomorrow (July 16) at 11am in the Chamber of the LegCo Complex. During the meeting, the Second Reading debate on the Gas Safety (Amendment) Bill 2025 will resume. If the Bill is supported by Members and receives its Second Reading, it will stand committed to the committee of the whole Council. After the committee of the whole Council has completed consideration of the Bill and its report is adopted by the Council, the Bill will be set down for the Third Reading.
     
         The Second Reading debates on the Statute Law (Miscellaneous Provisions) Bill 2025 and the Supplementary Medical Professions (Amendment) Bill 2025 will also resume. If the Bills are supported by Members and receive their Second Reading, they will stand committed to the committee of the whole Council. After the committee of the whole Council has completed consideration of the Bills and their reports are adopted by the Council, the Bills will be set down for the Third Reading.
     
         Meanwhile, the Registration of Same-sex Partnerships Bill will be introduced into the Council for the First Reading and the Second Reading. The Second Reading debate on the Bill will be adjourned.
     
         On Member’s Bill, the Hong Kong Baptist University (Amendment) Bill 2025 will be introduced into the Council for the First Reading and the Second Reading. The Second Reading debate on the Bill will be adjourned.
     
         On Members’ motions, Mr Chan Hak-kan will move a motion on reviewing the priorities for public works to ensure enhanced speed and efficiency of key projects. The motion is set out in Appendix 1. Dr Lo Wai-kwok, Mr Gary Zhang, Mr Adrian Ho, Mr Tony Tse and Mr Dennis Leung will move separate amendments to Mr Chan Hak-kan’s motion.
     
         Mr Frankie Yick will also move a motion on building an elderly-friendly living environment. The motion is set out in Appendix 2. Mr Tang Ka-piu, Mr Stanley Li and Mr Tommy Cheung will move separate amendments to Mr Frankie Yick’s motion.
     
         During the meeting, Mr Chan Kin-por and Mr Steven Ho will present the “Independent Commission Against Corruption, Hong Kong Special Administrative Region of the People’s Republic of China Annual Report 2024 and Reports of ICAC Advisory Committees” and the “ICAC Complaints Committee Annual Report 2024” respectively, and address the Council.
     
         Members will also ask the Government 22 questions on various policy areas, six of which require oral replies.
     
         The agenda of the above meeting can be obtained via the LegCo Website (www.legco.gov.hk). Members of the public can watch or listen to the meeting via the “Webcast” system on the LegCo Website. To observe the proceedings of the meeting at the LegCo Complex, members of the public may call 3919 3399 during office hours to reserve seats.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Asia-Pacific Power Summit 2025 Kicks Off Today Taipower Partners with International Utilities to Advance Smart Grid Resilience

    Source: Republic of China Taiwan

    In response to global trends such as the growth of renewable energy and the pursuit of net-zero emissions, the development and strengthening of smart grid resilience has become a priority for power utilities worldwide. Taipower, together with the Taiwan Smart Grid Industry Association (TSGIA), the Taiwan Institute of Economic Research (TIER), and Moxa, is co-hosting the three-day Asia-Pacific Power Summit 2025, which opened today (May 26) at Taipower’s headquarters. The event brings together representatives from major international utilities for discussions and exchanges. The Summit gathers power companies from across the Asia-Pacific region, including Taiwan, Japan, South Korea, and Australia, alongside industry leaders, system integrators, and technical experts. By sharing international technologies and hands-on experiences, the Summit aims to accelerate grid modernization and drive the smart transformation of the energy sector.

    This year’s Summit, themed Enhancing Smart Grid Resilience, features senior executives from eight power companies, including Tokyo Electric Power Company (TEPCO), Kansai Electric Power Company, Korea Electric Power Corporation (KEPCO), Indonesia’s PLN, and Australia’s Endeavour Energy, as well as leading research institutions such as the Electric Power Research Institute (EPRI) and the Salt River Project (SRP) from the United States. Representing Taipower, Vice President Chin-Chung Wu delivered a keynote speech outlining the Company’s comprehensive strategy to strengthen power supply stability and enhance grid resilience while expanding renewable energy integration.

    Vice President Chin-Chung Wu highlighted that from 2022 to 2024, Taipower ranked second globally in the Smart Grid Index (SGI), a prominent benchmark for smart grid development based in Singapore, demonstrating Taipower’s strong technical capabilities. In recent years, Taipower has continued to integrate and apply information and communications technology (ICT) across its power grid operations. Through smart dispatch and generation, grid management, distributed energy storage, demand response load management, and ICT infrastructure, Taipower has optimized supply-demand balancing, improved monitoring and automation, bolstering system resilience, and ensured stable power supply and high power quality.

    To further exchange practical experience, Taipower also held a three-way technical session with TEPCO and Japanese ICT company NESIC, sharing how the Geospatial Outage Management System (GeoOMS) is used during natural disasters to quickly assess damage and expedite power restoration. Additionally, Taipower met with KEPCO to discuss best practices for grid stability and reliability. Taipower emphasized that it will continue to deepen its cooperation with international utilities on smart grid applications, working together to build more resilent, smarter grids, and to achieve the shared goals of stable power supply, optimal energy utilization, and net-zero emissions.

    Spokesperson: Vice President Chih-Meng Tsai
    Tel: (02 )2366-6271/0958-749-333
    Email: u910707@taipower.com.tw

    Contact Person: Director of the Power Dispatch Department Fang-Cheng Chou
    Tel: (02 )2366-6600/0952-810-417
    Email: u027007@taipower.com.tw

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Taipower Launches RE30 Product on June 1: Low-Carbon Electricity to Help Taiwan Businesses Compete Globally

    Source: Republic of China Taiwan

    In response to the global net-zero trend and to help Taiwan’s export-oriented companies meet their renewable energy (RE) targets and secure a place in international supply chains, Taipower is launching its first-ever RE30 electricity product. Designed to meet supplement companies’ green energy needs, RE30 bridges the gap to ensure that 30% of a user’s electricity consumption comes from renewable sources, together with the green power they already purchased independently. Taipower announced that it will supply 500 GWh of green power from its self-built renewable energy sites, plus around 1,660 GWh of standard grid power. Sales will run from June 1 to December 31, with delivery starting on July 1. Interested customers can apply through their local Taipower office.

    Taipower stated that RE30 is available to high-voltage and above users who are already wheeling green power from private power providers. Each account can purchase between 1 GWh and 100 GWh per year (including 0.3-30 GWh of green power). The wheeling contract period is fixed at one year, and applications must be made in 0.1 GWh increments within the eligible range. Power delivery starts on the first day of the month following approval and continues for 12 months.
    Regarding pricing, Taipower explained that the green portion of RE30 is priced at NT$6.3 per kWh (excluding VAT and wheeling fees), referencing last year’s average market price for small-scale green power transactions. To encourage early participation and carbon reduction, an early-bird rate of NT$6.1 per kWh is available for green power delivered by the end of 2025, reverting to NT$6.3 from January 1, 2026. The standard grid power portion of RE30 will be billed at the regular electricity rate.

    Taipower emphasized that RE30 will play a timely role in boosting the green power market. Monthly usage will be calculated case by case: priority is given to green power wheeled from private providers, and any shortfall needed to reach 30% is topped up with RE30. For example, if a business signs up for 1 GWh (or 1,000,000 kWh) of RE30 for a year (including 0.3 GWh or 300,000 kWh of green power) to meet its monthly electricity demand, and consumes 100,000 kWh in a given month while sourcing 10,000 kWh of green power privately, Taipower will supply the remaining 20,000 kWh through RE30 to ensure the 30% renewable energy target is met.

    Taipower added that RE30 uses a “grid power combined with green power” model. The green portion comes from Taipower’s own renewable facilities, and Renewable Energy Certificates (RECs) are issued based on the actual green power supplied to help businesses reduce carbon emissions. Taipower plans to gradually expand its annual green power supply, aiming to reach 3,000 GWh by 2027, enough to help industries achieve RE30 targets for up to 10,000 GWh of total electricity consumption.

    Spokesperson: Vice President Chih-Meng Tsai
    Tel: (02)2366-6271/0958-749-333
    Email: u910707@taipower.com.tw

    Contact Person: Director of the Business Department Mei-Lien Huang
    Tel: (02)2366-6650/0922-696-383
    Email: u030573@taipower.com.tw

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Taipower Launches 2025 Environmental Month Dajia River Power Plant Builds Aquatic Ecological Corridor, Conservation Meets International Standards

    Source: Republic of China Taiwan

    Taipower officially launched its 2025 Environmental Month today (April 30). Following earlier conservation efforts such as relocating bat habitats at the Taixi Wind Farm and creating bird habitats at the Yong’an Wetlands by Hsinta Power Plant, Taipower has now completed an aquatic ecological corridor at its Dajia River Power Plant. Aligning with global trends in biological conservation, Taipower has embraced the principles of OECM (Other Effective Area-Based Conservation Measures) by extending conservation efforts beyond legally designated protected areas. Guided by the International Union for Conservation of Nature (IUCN), Taipower proactively launched an OECM demonstration project in the Ma’an Dam area of the Dajia River. The results of this conservation effort, along with future planning, have been verified by an impartial third-party organization as meeting international standards.

    The Taipower 2025 Environmental Month Launch Event, held today at its headquarters under the theme Coexisting with Nature, Moving Forward with Taipower, was attended and supported by Taipower Chairman Wen-Sheng Tseng, President Yao-Ting Wang, Deputy Executive Director of the Executive Yuan’s Office of Energy and Carbon Reduction Tze-Luen Lin, Secretary General of the Ministry of Economic Affairs Ming-Chih Chuang, Director-General of the Department of State-owned Enterprise Affairs Wen-Chung Hu, Professor Kwang-Tsao Shao of National Taiwan Ocean University, Emeritus Professor Ching-Hsien Tseng of National Tsing Hua University, and Professor Lee-Shing Fang of National Sun Yat-sen University. A special guest, Professor Nobuyuki Yagi from the University of Tokyo, former UN biodiversity policy expert and a key architect of Japan’s OECM framework, attended to witness Taipower’s ecological conservation work at the Dajia River Power Plant meeting global benchmarks.

    Reviewing its 2024 environmental performance, Taipower reported major progress: compared to its 2016 baseline, air pollutant emission intensity from thermal power units (covering the total particulate matter (PM), sulfur oxides (SOx), and nitrogen oxides (NOx) per kilowatt-hour generated) have dropped by nearly 70%. Carbon emission intensity (greenhouse gas emissions per kilowatt-hour) have decreased by 11%.

    In terms of ecological conservation, Taipower emphasized that hydroelectric plants have strong connections to local ecosystems and cultural heritage. The Dajia River Basin hosts a rich diversity of species, including the Plumbeous Water Redstart, Formosan Reeve’s muntjac, and the Taiwan leaf-nosed bat, along with a diverse riverine ecosystem. The OECM demonstration zone covers the upstream and downstream stretches of the Ma’an Dam, home to 17 fish species and critical habitats for native species such as the Taiwan torrent carp, Taiwan shovel-jaw carp, and river loach. To balance power generation with ecological conservation, Taipower constructed a fishway at Ma’an Dam as early as 1998 to assist fish migration, and further upgraded it in 2016 by lowering the entrance threshold and riverbed drop, enabling smaller or leaping fish species to swim upstream more successfully.

    Taipower further explained that, to better evaluate the fishway’s effectiveness, the Company began deploying underwater monitoring cameras in 2023 to record fish movement within the passage. Last year, the Company also developed an AI-based Species Recognition System. By combining expert tagging with an expanding image database, Taipower now monitors fishway usage more accurately and in real time.

    Taipower noted that the Dajia River Power Plant has carried out sustained conservation efforts for more than a decade. The OECM project was guided by experts and further verified by PwC Taiwan (one of Taiwan’s Big Four Accounting Firms), confirming that the upstream and downstream sections of the Ma’an Dam align with IUCN’s OECM guidelines. A verification certificate was presented today and received by President Yao-Ting Wang on behalf of Taipower . Taipower also stated that as Taiwan officially announces its OECM standards and certification system, the Company will strive to support the process and is confident that it will become one of the first companies in Taiwan to earn government OECM certification.

    Glossary:
    OECM (Other Effective Area-based Conservation Measures ):
    Specific geographical areas outside of legally designated protected areas where diverse governance and management approaches deliver measurable biodiversity and ecosystem conservation outcomes.

    Spokesperson: Vice President Chih-Meng Tsai
    Tel: (02 )2366-6271/0958-749-333
    Email: u910707@taipower.com.tw

    Contact Person: Director of the Environmental Protection Department Cheng-Hung Wu
    Tel: (02 )2366-7200/0927-291-156
    Email: u015279@taipower.com.tw

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Vice Minister Lai Inspects Gas Supply Testing at Taipower’s Datan Power Plant Using CPC’s Third LNG Terminal Dual Gas Sources to Secure Power Supply This Summer

    Source: Republic of China Taiwan

    Vice Minister of Economic Affairs Chien-Hsin Lai visited Taipower’s Datan Power Plant and CPC Corporation’s Datan Gas Distribution Station today (May 6) to receive briefings from both Taipower and CPC Corporation (hereinafter CPC). Vice Minister Lai expressed concern over the progress of the new power generating units at the Datan Power Plant and the gas supply testing linked to CPC’s Third LNG (Liquefied Natural Gas) Terminal. He stressed that all risk control measures must be rigorously implemented during testing to keep this critical infrastructure operating smoothly. He also thanked on-site staff for their dedication in safeguarding Taiwan’s electricity supply.

    Taipower emphasized that the Datan Power Plant is a key power source for northern Taiwan. To meet rising electricity demand, Taipower began building new gas-fired combined-cycle units in 2017, adding three units with a total installed capacity of 3.16 GW. Units 8 and 9 were connected to the grid last year, and Unit 7 is on track to come online before the summer peak, helping deliver stable, low-carbon electricity.

    Currently, natural gas for the Datan Power Plant is supplied through CPC’s Taichung LNG Terminal. To strengthen supply resilience, CPC has successfully completed the initial gas supply phase from its Third LNG Terminal, establishing a dual-source gas supply system for the Datan Power Plant. This ensures robust backup for the new generating units, enabling full-capacity operation and significantly enhancing the grid’s overall power supply capability.

    Taipower added that with the operating license for Maanshan Nuclear Power Plant Unit 2 set to expire this year, the Company proactively planned for replacement capacity and launched its large-scale gas-fired unit construction plan years ago to meet electricity demand. In addition to Datan Unit 7, Hsinta New Units 1 and 2 and Taichung New Unit 1 will also come online this year, providing a combined installed capacity of 4.8 GW, far exceeding the 0.95 GW of Maanshan Nuclear Power Plant Unit 2.

    Looking ahead, Taipower cooperates with the government to conduct annual reviews of national power supply and demand, fully factoring in all unit retirements and projected future growth in electricity demand. The Company prioritizes expanding renewable energy while adding new gas-fired power capacity to ensure stable supply. From 2024 to 2033, Taipower plans a net increase of 17.86 GW in installed capacity from large-scale units, exceeding the projected demand growth of 11.51 GW, to ensure sufficient electricity for the public.

    Spokesperson: Vice President Chih-Meng Tsai
    Tel: (02 )2366-6271/0958-749-333
    Email: u910707@taipower.com.tw

    Contact Person: Director of the Power Dispatch Department Fang-Cheng Chou
    Tel: (02 )2366-6600/0952-810-417
    Email: u027007@taipower.com.tw

    Contact Person: Director of the Power Development Department Ke-Hung Hu
    Tel: (02 )2366-6850/0919-272-789
    Email: u064321@taipower.com.tw

    Contact Person: Director of the Power Generation Department Yu-Hua Sun
    Tel: (02 )2366-6500/0928-158-862
    Email: u217063@taipower.com.tw

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Taipower Promotes Corporate Energy Conservation Energy-Saving Teams Visit Over 5,000 Companies in 18 Months, Projected to Save Nearly 150 GWh

    Source: Republic of China Taiwan

    In line with the government’s intensive energy conservation policy launched in 2024, Taipower has been working closely with businesses to help them cut electricity use. To date, Taipower has hosted nearly 50 seminars for major electricity users and promoted advanced energy-saving measures to thousands of companies across Taiwan. Taipower’s energy-saving teams have also gone directly into communities, carrying out on-site visits to over 5,000 companies nationwide. These efforts are expected to yield savings of nearly 150 GWh of electricity. Taipower expressed hope that more businesses will embrace energy conservation and carbon reduction, improve energy efficiency, and contribute to a sustainable environment.

    Taipower explained that to support Taiwanese companies in adopting energy-saving practices, it established three Energy Conservation Diagnostic Centers in northern, central, and southern Taiwan in 2019. These centers provide free energy-saving consultation services for large electricity users with contract capacities ranging from 100 to 800 kW. Since early 2024, Taipower’s energy-saving teams have visited over 5,000 companies across the country, helping them identify potential savings and providing tailored recommendations. If all suggested measures are fully implemented, nearly 150 GWh of electricity could be saved, equivalent to the annual electricity consumption of over 36,000 households, while cutting around 71,000 metric tons of carbon emissions.

    According to Taipower, companies can use its diagnostic services to receive customized energy-saving reports and then work with Energy Service Companies (ESCOs ) to replace old equipment and implement energy management solutions that reduce costs and boost efficiency. For example, after undergoing Taipower’s initial assessment, Hualien Tzu Chi Hospital replaced its chilled water units, cooling towers, and indoor lighting, achieving annual savings of 2 GWh, a reduction rate of up to 70%. Likewise, Lung Hsing Refrigerating Works in Kaohsiung followed Taipower’s advice to replace outdated equipment, adopt an energy management system, and lower its contract capacity, resulting in annual electricity savings of 2.2 GWh.

    In addition to equipment like chilled water units and cooling towers, transformers are also a key focus for businesses aiming to save electricity. Taipower reminds businesses to check the service life of their self-owned transformers. If a transformer has been in service for over 30 years, upgrading to a new high-efficiency model can improve power use and reduce electricity bills. For example, after receiving energy-saving guidance from Taipower, the Taiwan Electric Research & Testing Center, an accredited Taiwanese testing institution, replaced old transformers with high-efficiency ones, saving an estimated 140,000 kWh of electricity and cutting annual electricity expenses by approximately NT$700,000.

    Alongside its work with businesses in energy conservation and carbon reduction, Taipower continues to lead by example internally through its own. Power plants across Taiwan are introducing automated modules to better manage electricity usage and are refining unit operating conditions to reduce heat rates. In its offices, Taipower is also fully aligning with the government’s intensive energy-saving initiative. Six facilities, including its headquarters, the Shulin Campus of the Taiwan Power Research Institute, the Linkou Training Center, and the Beinan, Hsinchu, and Taichung district offices, have been designated as demonstration sites for energy upgrades. For instance, the Beinan District Office has upgraded its central air conditioning system with ESCO support, which is expected to save nearly 1 GWh of electricity annually.

    Spokesperson: Vice President Chih-Meng Tsai
    Tel: (02 )2366-6271/0958-749-333
    Email: u910707@taipower.com.tw
    Contact Person: Director of the Business Department Mei-Lien Huang
    Tel: (02 )2366-6650/0922-696-383
    Email: u030573@taipower.com.tw

    MIL OSI Asia Pacific News