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13.03.26 - 00:13
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Centrus Partners With Palantir As Wright Pushes End To Russian Imports (ZeroHedge)
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Centrus Partners With Palantir As Wright Pushes End To Russian Imports
In a move underscoring America's drive for nuclear fuel sovereignty, Centrus Energy and Palantir announced an AI-powered partnership aimed at slashing costs and fast-tracking the multi-billion-dollar expansion of U.S. uranium enrichment capacity.
The collaboration, showcased at Thursday's AIPCon 9 event, deploys Palantir's Foundry and Artificial Intelligence Platform across Centrus' operations. Early work since late January has already pinpointed nearly $300 million in potential cost savings and efficiencies. This would be on top of the $900 million they were recently awarded for their expansion efforts.
Further gains are expected to compress manufacturing lead times and accelerate the rollout of new capacity at Centrus' Ohio plant, which is the only U.S.-owned commercial enrichment facility currently operating. The company is already starting to prepare additional centrifuges at their manufacturing facilities.
Cen...
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09.03.26 - 09:16
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Hungary Detains Ukrainians Transporting 10s Of Millions In Cash & Gold (ZeroHedge)
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Hungary Detains Ukrainians Transporting 10s Of Millions In Cash & Gold
Authored by Thomas Brooke via REMIX,
Hungarian authorities have detained seven Ukrainian citizens and seized tens of millions of dollars, euros, and gold that were being transported through the country in armored vehicles, triggering the latest diplomatic dispute between Budapest and Kyiv.
Hungary's National Tax and Customs Administration (NAV) confirmed on Friday that criminal proceedings had been launched on suspicion of money laundering following an operation carried out on March 5. Authorities intercepted two armored cash-transport vehicles traveling through Hungary from Austria toward Ukraine.
According to the Hungarian authorities, the vehicles were carrying approximately $40 million, €35 million in cash, and 9 kilograms of gold.
Hungarian Foreign Minister Péter Szijjártó said the case raised serious questions about the movement of large quantities of physical cash through the country.
“Since January, a total ...
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07.03.26 - 12:12
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Hungary seizes millions of euros in cash and gold from Ukrainian convoy (The Guardian)
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Seven Ukrainians arrested and money-laundering investigation launched in latest spat between Kyiv and BudapestAn increasingly acrimonious spat between Hungary and Ukraine has escalated further, as Budapest impounded two Ukrainian armoured bank vehicles carrying millions of euros of hard cash as well as bars of gold.Seven Ukrainian citizens accompanying the convoy were also arrested. Hungarian officials said the detained Ukrainians had intelligence links and suggested the money could be of dubious origin, while Ukraine's foreign minister, Andrii Sybiha, accused Budapest of “taking hostages and stealing money”. Continue reading......
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19.02.26 - 03:06
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Mongolian mining family snaps up US$31.5 million Hong Kong home with retirement in view (SCMP)
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The family behind one of Mongolia's largest mining conglomerates has bought a detached house in Hong Kong's upmarket Southern district for HK$247 million (US$31.5 million), with the buyer intending to use it as a “retirement residence”.
Land Registry records showed Tisara Holdings, whose director is Tselmuun Nyamtaishir, signed a provisional agreement on January 29 to acquire House 5 in One Stanley at 128 Wong Ma Kok Road.
Nyamtaishir is the president and CEO of Mongolyn Alt (MAK), a......
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18.02.26 - 14:01
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China Doesn′t Want Russia to Lose Ukraine War: Chatham House CEO | The Pulse 2/18 (Bloomberg)
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Derek Halpenny, MUFG, Global Markets Head of Research; Bronwen Maddox, Chatham House, CEO; Diane Garrett, Hycroft Mining, CEO. (Source: Bloomberg)...
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