Critical Metals

IBTimes reported that lower import prices prompted South Korea to increase rare earth imports from China in May.

IBTimes reported that lower import prices prompted South Korea to increase rare earth imports from China in May.

As quoted in the market news:

The unit price of Rare Earth materials imported from China dropped 27.1% on-month to US$41.58 per kilogram last month, contributing to the country’s higher dependence on China.

Click here to read the full IBTimes report.

Featured
US-Based National Car Retailer, Which Purchases up to 48,000 Vehicles Annually, Joins Powerband/D2D Virtual Auction Platform

PowerBand Solutions Inc. (TSXV:PBX) is pleased to announce its partner D2D Auto Auction LLC (“D2D”) has reached an agreement with a U.S. national car retailer to purchase used vehicles on D2D’s virtual auction platform.

PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(Frankfurt:1ZVA) (“PowerBand”, “PBX” or the “Company”) is pleased to announce its partner D2D Auto Auction LLC (“D2D”) has reached an agreement with a U.S. national car retailer to purchase used vehicles on D2D’s virtual auction platform.

The agreement to purchase used vehicles on the D2D auction platform is with one of the United States largest used-vehicle retailers, operating over 140 dealerships in 12 states. The retailer purchases up to 48,000 vehicles annually, which it then sells to consumers. D2D’s goal is to place as many as possible of those 48,000 vehicles on its virtual auction platform. The virtual auctions are also accessible to Dealers – and soon U.S. consumers – through the Company’s Driveaway App.

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Humanigen announced that the first COVID-19 patient has been dosed in its previously announced Phase III study.

Humanigen (OTCQB:HGEN) announced that the first COVID-19 patient has been dosed in its previously announced Phase III study.

The goal of the study is to determine if lenzilumab, the company’s proprietary anti-GM-CSF monoclonal antibody, can be used in the treatment of COVID-19.

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The New Rochelle Police Department has entered into a subscription agreement for the company’s Watchman vehicle recognition software. 

Rekor Systems (NASDAQ:REKR) announced that the New Rochelle Police Department has entered into a five year, $225,000 subscription agreement for the company’s Watchman vehicle recognition software.

As quoted in the press release:

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MARKETS

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TSX21077.35-85.30
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Silver22.45+0.02
Copper4.38-0.02
Palladium1864.70+17.70
Platinum960.00+3.00
Oil72.51+0.15
Heating Oil2.27+0.01
Natural Gas3.84+0.02