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The Canadian Shield Institute recommends defining a Canadian company by Canadian headquarters and the absence of majority foreign control, initially for defence procurement. This is not a change to current rules: qualifying foreign-owned firms can still receive a 10% bid-evaluation advantage on designated-sector contracts of $5 million or more, subject to existing eligibility requirements and trade agreements.
The DOE has unveiled new capabilities to produce high-purity silicon and germanium precursor gases, essential for semiconductor and quantum computing industries. While details on contracts or solicitations are not provided, interested organizations are encouraged to engage with the DOE's National Isotope Development Center for potential collaborations.
Uranium Energy Corp has been awarded a significant contract by the **DoD**, backed by BlackRock support. However, the company faces operational difficulties that may affect its revenue goals and contract fulfillment efforts.
The U.S. Department of Energy has announced a $500 million investment under the Defense Production Act to enhance 13 coal-fired power plants and develop the West Gateway Terminal in California. This funding aims to modernize energy infrastructure, fortify supply chains, and boost coal exports, particularly to Indo-Pacific nations.