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		<title>Metals Australia Fast-Tracks US$2 Billion Quebec Graphite Refinery</title>
		<link>https://financenews.one/2026/05/01/metals-australia-fast-tracks-us2-billion-quebec-graphite-refinery/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Fri, 01 May 2026 13:01:46 +0000</pubDate>
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		<category><![CDATA[Graphite]]></category>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="600" src="https://financenews.one/wp-content/uploads/2026/05/quebec-on-map.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://financenews.one/wp-content/uploads/2026/05/quebec-on-map.jpg 1200w, https://financenews.one/wp-content/uploads/2026/05/quebec-on-map-300x150.jpg 300w, https://financenews.one/wp-content/uploads/2026/05/quebec-on-map-1024x512.jpg 1024w, https://financenews.one/wp-content/uploads/2026/05/quebec-on-map-768x384.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>Sydney-listed Metals Australia (ASX:MLS) is accelerating the development of a high-purity graphite refinery in Quebec, bypassing intermediate engineering studies to fast-track a project valued at more than US$2 billion into its final feasibility stage. Through its Canadian subsidiary Northern Resources, the company detailed plans to process 75,000 tons of flake graphite concentrate annually. The raw [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="600" src="https://financenews.one/wp-content/uploads/2026/05/quebec-on-map.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2026/05/quebec-on-map.jpg 1200w, https://financenews.one/wp-content/uploads/2026/05/quebec-on-map-300x150.jpg 300w, https://financenews.one/wp-content/uploads/2026/05/quebec-on-map-1024x512.jpg 1024w, https://financenews.one/wp-content/uploads/2026/05/quebec-on-map-768x384.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p> <br />
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<p><strong>Sydney-listed <a rel="nofollow" href="https://investingnews.com/stocks/asx-mls/metals-australia/" target="_blank">Metals Australia  (ASX:MLS)</a> is accelerating the development of a high-purity graphite refinery in Quebec, bypassing intermediate engineering studies to fast-track a project valued at more than US$2 billion into its final feasibility stage.</strong></p>
<p>Through its Canadian subsidiary Northern Resources, the company <a rel="nofollow" href="https://www.newswire.ca/news-releases/new-quebec-graphite-transformation-study-for-lac-carheil-project-delivers-impressive-economic-results-855674236.html" target="_blank">detailed plans</a> to process 75,000 tons of flake graphite concentrate annually.</p>
<hr/>
<p>The raw material will be extracted from the upstream Lac Carheil project near Fermont and transported to a planned refinery in Baie-Comeau. </p>
<p>A <a rel="nofollow" href="https://investingnews.com/daily/resource-investing/what-is-a-pea/">preliminary economic assessment</a> of the integrated operation yielded a pre-tax net present value of US$2.05 billion, assuming an 8 percent discount rate, alongside an internal rate of return of 25.6 percent. </p>
<p>Driven by these initial metrics, the company will skip the traditional pre-feasibility study phase entirely and advance directly to a final <a rel="nofollow" href="https://investingnews.com/daily/resource-investing/prefeasibility-feasibility-studies/">feasibility study</a>.</p>
<p>The aggressive timeline highlights the geological strength of the Lac Carheil deposit. The asset’s current mineral resource holds an average graphite grade of 10.2 percent. Management noted this concentration is approximately 2.4 times higher than the grade profile of regional competitor <a rel="nofollow" href="https://investingnews.com/stocks/nyse-nmg/nouveau-monde-graphite-inc/" target="_blank">Nouveau Monde Graphite (TSX:NOU,NYSE:NMG)</a>, based on publicly available data. </p>
<p>The Perth-based miner also signaled substantial resource expansion potential, having identified nine additional, undrilled graphite zones spanning a 33-kilometer corridor across the property.</p>
<p>To support the downstream supply chain, Metals Australia selected the Baie-Comeau municipality for its refinery site, capitalizing on existing heavy industrial zoning and critical export infrastructure, including a deep-water port and a rail ferry. </p>
<p>The processing plant is expected to require a workforce of 227 employees, contributing an estimated US$21.5 million in direct annual wages to the regional economy.</p>
<p>As Western governments scramble to secure domestic supply chains for electric vehicle battery inputs, Canada has established a formal mandate to bring five graphite mines and five coated spherical, purified graphite refineries online by 2040.</p>
<p>Metals Australia CEO and Northern Resources President Paul Ferguson linked the company&#8217;s accelerated timeline to this sovereign strategy.</p>
<p>&#8220;At a time when the world increasingly needs stable, secure, long terms supplies of critical minerals and the energy solutions that can be created from them, we have unveiled a world class project that is aligned with that strategic need,&#8221; Ferguson stated.</p>
<p><em>Don&#8217;t forget to follow us </em><a rel="nofollow" href="https://twitter.com/INN_Resource" rel="noopener noreferrer" target="_blank"><em>@INN_Resource</em></a><em> for real-time</em> <em>updates!</em></p>
<p><strong>Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.</strong></p>
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<br />Read More: <a href="https://investingnews.com/metals-australia-accelerates-graphite-refinery/">Metals Australia Fast-Tracks US$2 Billion Quebec Graphite Refinery</a></p>
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		<title>FDA fast-tracks psychedelic drug research following Trump order</title>
		<link>https://financenews.one/2026/04/26/fda-fast-tracks-psychedelic-drug-research-following-trump-order/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Sun, 26 Apr 2026 17:48:46 +0000</pubDate>
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		<guid isPermaLink="false">https://financenews.one/2026/04/26/fda-fast-tracks-psychedelic-drug-research-following-trump-order/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye-1536x864.jpeg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div>FILE PHOTO: Psilocybin or &#8220;magic mushrooms&#8221; are seen in an undated photo provided by the U.S. Drug Enforcement Agency in Washington, May 7, 2019. DEA &#124; Reuters The U.S. Food and Drug Administration on Friday announced a series of measures aimed at accelerating the development of psychedelic treatments for serious mental illness. That comes after [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/04/108087127-17369631312025-01-15t163300z_1062109252_rc2facamppjr_rtrmadp_0_health-usa-dye-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>FILE PHOTO: Psilocybin or &#8220;magic mushrooms&#8221; are seen in an undated photo provided by the U.S. Drug Enforcement Agency in Washington, May 7, 2019.</p>
<p>DEA | Reuters</p>
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<p>The U.S. Food and Drug Administration on Friday announced a series of measures aimed at accelerating the development of psychedelic treatments for serious mental illness.</p>
<p>That comes after President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump</a> signed an <a rel="nofollow" href="https://www.cnbc.com/2026/04/20/trump-psychedelics-executive-order-cannabis-reform.html">executive order</a> on Saturday directing federal health agencies to expand access to emerging therapies.</p>
<p>The move marks a significant shift toward supporting psychedelic-based medicines for conditions such as treatment-resistant depression, post-traumatic stress disorder and other substance use disorders, the FDA said.</p>
<p>&#8220;Under President Trump&#8217;s leadership, we are accelerating the research, approval and responsible access to promising mental health treatments,&#8221; Robert F. Kennedy Jr., secretary of the U.S. Department of Health and Human Services, said in the release. &#8220;The FDA will prioritize therapies with Breakthrough Therapy designation, where early evidence shows meaningful improvement.&#8221;</p>
<p>As part of the announcement, the FDA said it would issue national priority vouchers to companies studying psilocybin for depression and methylone for PTSD. </p>
<p>The agency also cleared an early-stage clinical trial for noribogaine hydrochloride, a derivative of ibogaine, as a potential treatment for alcohol use disorder. This is the first time a compound like it has been authorized for study in the U.S. and for human trial.</p>
<p>&#8220;These medications have the potential to address the nation&#8217;s mental health crisis,&#8221; FDA Commissioner Marty Makary said in the announcement. &#8220;It is critical that their development is grounded in sound science and rigorous clinical evidence.&#8221;</p>
<p>The FDA said allowing these studies to proceed does not mean the drugs are approved or proven safe and effective. Officials said data with be closely monitored as research advances. </p>
<p>&#8220;If they are approved, they will be approved with certain conditions. These are not the medications you get a prescription for and pick up at a pharmacy,&#8221; Makary told CNBC.</p>
<p>Makary went on to say decisions on some of these therapies could come as soon as this summer or fall. </p>
<p>The fast turnaround time for drug approvals has been a priority for the Trump administration, which <a rel="nofollow" href="https://apnews.com/article/fda-drug-approval-studies-makary-prasad-a5aaa5501ae15f264bbd20d0dffa4dc4" target="_blank">dropped the decades-old standard</a> of requiring two clinical trials for standard drug reviews earlier this year. The new policies have come with <a rel="nofollow" href="https://apnews.com/article/fda-makary-voucher-drug-reviews-a3f550f229dc4ed196da9d1a2bc86bc3" target="_blank">some criticism</a>, as industry experts have warned about potential issues with a faster timetable.</p>
<p>With Friday&#8217;s psychedelic announcement, the Trump administration also said pricing remains an important consideration in fast-tracking trials. </p>
<p>&#8220;We have very openly said that affordability is an important part of a medication&#8217;s effectiveness on a population level,&#8221; Makary said. &#8220;Lowering drug prices is one of the top priorities in this administration, and it&#8217;s something we think about in every decision, including how we prioritize the vouchers.&#8221;</p>
<p>The announcement also&#8230;</p>
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<p><br />
<br />Read More: <a href="https://www.cnbc.com/2026/04/24/fda-psychedelic-drug-research-trump.html">FDA fast-tracks psychedelic drug research following Trump order</a></p>
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