Innovation Investment Brief — August 31, 2026

Today's Developments

Manufacture in India, build for the world: Sitharaman urges global investors¹ (The Times of India)

In a strategic appeal, Finance Minister Nirmala Sitharaman encouraged global investors to set up manufacturing and innovation centers in India. She underlined the country's diverse growth trajectory and the wealth of long-term investment prospects it offers. …

Solstice (SOLS) Jumps 12.8% on Merger Exit, $500M Buyback² (Yahoo Entertainment)

Solstice Advanced Materials (NASDAQ:SOLS) jumped by 12.76 percent on Friday to finish at $63.53 apiece after abandoning a plan to acquire Element Solutions f...

Energy Fuels Completes Acquisition of Australian Strategic Materials³ (PRNewswire)

Rare Earth Metal and Alloy Production Added to Emerging Western Mine-to-Magnet Champion DENVER, Aug. 28, 2026 /PRNewswire/ -- Energy Fuels Inc. (NYSE.A: UUUU) (TSX: EFR) (ASX: EF2), a leading producer of rare earth elements (REE), uranium, and other critical …

Barrick Mining (B) Has an IPO Catalyst. Newmont Corporation (NEM) Has the Cash. Which Gold Stock Wins?⁴ (Yahoo Entertainment)

On August 10, gold mining giants Barrick Mining Corporation (NYSE:B) and Newmont Corporation (NYSE:NEM) reached a landmark agreement to resolve all outstandi...

Jindal Stainless expanding coin blanks manufacturing capacity by 20% to meet demand⁵ (BusinessLine)

Jindal Stainless supplies unstamped coins to Indian, French, Finnish, Polish, Dutch, UK’s Royal Mint, Malaysian and Slovak mints, official says

Surging gold prices drive record margins despite mining costs rising 16% in Q1'26: World Gold Council⁶ (The Times of India)

Gold producers achieved record margins and cash flows in early 2026. Rising royalty payments significantly increased mining costs during this period. Despite higher expenses, gold prices surged to historic highs. Miners maintained capital discipline, retur…

Industrial output grows 6.7% in July⁷ (The Times of India)

India's industrial output saw a 6.7% growth in July. Manufacturing output increased by 7.3% year-on-year during the same period. Electricity generation also rose by 8.7% in July. Consumer durables surged to an eight-month high, driving overall growth. Capital…

India, Uzbekistan step up mining cooperation, eye critical minerals⁸ (The Times of India)

India and Uzbekistan will deepen cooperation in the mining sector. Discussions also focused on critical minerals and uranium exploration opportunities. Both nations are exploring ways to quickly implement a new memorandum of understanding. Agricultural collab…