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Resource companies Mkango Resources (TSXV:MKA,OTC Pink:MKNGF) and Euro Manganese (TSXV:EMN,ASX:EMN,OTCQB:EUMNF) received boosts this week when their respective assets were designated ‘strategic projects’ under the EU’s Critical Raw Materials Act (CRMA).

On Monday (March 24), the European Commission released a list of 47 strategic critical raw materials projects. Located across 13 EU member states, they cover one or more segments of the raw material value chain.

They also account for 14 of the 17 strategic raw materials included in the CRMA.

Among them are Mkango’s Pulawy project, which has been recognized for its role in supplying rare earth oxides, and Euro Manganese’s Chvaletice project, a contributor to the European battery materials supply chain.

Mkango Resources’ Pulawy rare earths separation project

Mkango’s Pulawy project is expected to play a role in establishing a secure European supply chain for neodymium, praseodymium, dysprosium and terbium, which are used to make electric vehicles and wind turbines.

On February 17, the company signed a land lease agreement through its Polish subsidiary, Mkango Polska, in collaboration with Grupa Azoty Puławy. It facilitates the construction of a rare earths separation facility in Puławy, Poland.

The proposed facility aims to produce 2,000 metric tons per year of neodymium and praseodymium oxides, plus 50 metric tons per year of dysprosium and terbium oxides. Lanthanum cerium carbonate will also be produced at the site.

With strategic project status, Pulawy will benefit from expedited permitting processes under the CRMA, ensuring that Poland’s regulatory authorities adhere to a maximum 15 month timeline for processing and refining projects.

The project will also gain access to coordinated support from the European Commission, member states and financial institutions, facilitating financing opportunities and connections with potential offtakers.

Aside from its work at Pulawy, Mkango is focused on developing sustainable sources of rare earth elements, as well as leading in recycled rare earth magnet production through its subsidiary, Maginito.

Maginito holds an interest in HyProMag, which focuses on rare earth magnet recycling in the UK and Germany, and Mkango Rare Earths UK, which specializes in long-loop rare earth magnet recycling.

Euro Manganese’s Chvaletice manganese project

Euro Manganese’s Chvaletice manganese project, located in the Czech Republic, aims to become a major supplier of high-purity manganese for the European battery industry. The CRMA lists high-purity manganese as a strategic raw material, essential for electric vehicle batteries and the broader clean energy transition.

The Chvaletice project stands out as a waste-to-value initiative, focused on reprocessing old mine tailings rather than developing a new mine. The project represents the only sizable manganese resource within the EU, positioning Euro Manganese as a key player in the region’s battery materials supply chain.

With strategic project designation, Chvaletice will benefit from streamlined permitting processes and access to financial support from institutions such as the European Investment Bank and the European Bank for Reconstruction and Development. It will also be eligible for funding from the European Development Fund and Cohesion Fund.

The Czech government has recognized the Chvaletice manganese deposit as a strategic resource, reinforcing the project’s importance in ensuring Europe’s supply independence. In March 2024, the asset received environmental and social impact assessment approval from the Czech Ministry of Environment. In January of this year, Euro Manganese secured a determination of mining lease permit, marking a key milestone in the project’s permitting process.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Keith Weiner, founder and CEO of Monetary Metals, shares his outlook for gold in 2025.

While he’s been bearish in the past and doesn’t consider himself a cheerleader, Weiner believes currently a ‘buy the dips’ market for the yellow metal.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Battery Age Minerals Ltd (ASX: BM8; “Battery Age” or “the Company”) is pleased to advise of its participation at the Ignite Investment Summit being held this week in Hong Kong.

BM8’s Chief Executive Officer, Mr Nigel Broomham, will be presenting the Company’s strategy for progressing its diversified & strategic portfolio of projects in Austria, Argentina and Canada today at 11.00am AWST. Attached is the presentation that Mr Broomham will be speaking to at the conference.

Investors can register to attend the conference at: weareignite.com/contact/#investor

Battery Age CEO Nigel Broomham commented:

‘Fresh from recent field visits to Austria and Argentina, and following positive advancements across our Bleiberg, El Aguila, and Falcon Lake projects, we look forward to presenting a number of updates and meaningful insights to a fantastic group of investors and stakeholders.”

Click here for the full ASX Release

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Here’s a quick recap of the crypto landscape for Wednesday (March 26) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$86,622.95, a 1.7 percent decrease over the past 24 hours. The day’s trading range has seen a low of US$85,862.55 and a high of US$87,812.64.

The crypto market is under pressure following an executive order from US President Donald Trump to issue “secondary tariffs” of 25 percent on countries that purchase oil from Venezuela.

Bitcoin performance, March 26, 2025.

Chart via TradingView.

Ethereum (ETH) is priced at US$2,002.36, a 3.6 percent decrease over 24 hours. The cryptocurrency reached an intraday low of US$1.985.69 and a high of US$2,058.49.

Altcoin price update

  • Solana (SOL) is currently valued at US$137.76, down 5.2 percent over the past 24 hours. SOL experienced a low of US$136.39 and a high of US$144.21 on Wednesday.
  • XRP is trading at US$2.38, reflecting a 3.3 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday low of US$2.36 and a high of US$2.45.
  • Sui (SUI) is priced at US$2.58, showing a 4.6 percent increase over the past 24 hours. It achieved a daily low of US$2.52 and a high of US$2.64.
  • Cardano (ADA) is trading at US$0.7285, reflecting a 2.7 percent decrease over the past 24 hours. Its lowest price on Wednesday was US$0.722, with a high of US$0.7632.

Crypto news to know

GameStop’s Bitcoin bet sparks meme stock rally

GameStop (NYSE:GME) shares surged close to 20 percent on Wednesday after the company announced plans to add Bitcoin to its treasury reserve assets, mirroring Michael Saylor’s Strategy (NASDAQ:MSTR). The move comes as GameStop struggles with declining brick-and-mortar sales, having pivoted toward e-commerce under CEO Ryan Cohen.

Speculation around the retailer’s crypto ambitions grew after Cohen was seen with Saylor on social media last month. Analysts warn that GameStop’s exposure to Bitcoin could introduce more volatility to its stock.

The company, however, has been aggressive in cutting costs, doubling its fourth quarter net income to US$131.3 million despite a 30 percent revenue drop.

Microsoft declines after data center news

Shares of crypto miners and Microsoft (NASDAQ:MSFT) closed down after TD Cowen alleged that the tech conglomerate has abandoned plans for new data centers in the US and Europe.

Share prices for Bitcoin miners, including Bitfarms (NASDAQ:BITF), CleanSpark (NASDAQ:CLSK), Core Scientific (NASDAQ:CORZ), Hut 8 (NASDAQ:HUT) and Riot Platforms (NASDAQ:RIOT), dropped between 4 and 12 percent. Microsoft closed down 1.31 percent, while daily losses for the miners fell between 7 and 12 percent.

According to Bloomberg, Google (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META) have picked up some of the leases Microsoft has allegedly canceled or deferred over the last six months, although neither company has confirmed. In a statement from Microsoft obtained by the publication, the company said “significant investments” have left it “well positioned to meet (its) current and increasing customer demand.”

“While we may strategically pace or adjust our infrastructure in some areas, we will continue to grow strongly in all regions,” the spokesperson said. “This allows us to invest and allocate resources to growth areas for our future.”

Ethereum’s Pectra upgrade launches on testnet

Ethereum’s Pectra upgrade launched on the Hoodi testnet on Wednesday after a series of technical issues delayed the mainnet launch, which was originally slated for sometime in March.

If the launch is successful, Pectra could hit the mainnet by April 25. The Pectra upgrade aims to improve Ethereum’s scalability, staking efficiency and developer capabilities.

USDC launches in Japan

Circle launched its stablecoin, USDC, in Japan on Wednesday. The launch was made possible through a strategic partnership with SBI Holdings (TSE:8473), a Japanese financial firm.

The launch comes after Circle and SBI received regulatory approval from Japan’s Financial Services Agency (FSA) earlier this month. The FSA’s green light paved the way for the companies to introduce USDC to the Japanese market, marking a significant step in the adoption of stablecoins in the country.

Following the regulatory approval, a launch date was announced on Monday (March 24).

At the time of this writing, USDC’s market capitalization was US$60.15 billion.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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The lithium market continued to battle headwinds during the first quarter of 2025 as residual oversupply weighed on prices, pushing them to a four year low.

Weaker-than-expected demand to start the year also added pressure to the oversupplied market, resulting in the lithium carbonate CIF North Asia price to fall below US$9,550 per metric ton, its lowest point since 2021.

Analysts have suggested the persistent downturn is the signaling of a market bottom. This theory is further supported by a projected production reduction that will help absorb market oversupply.

“Lithium market conditions — particularly during the latter part of 2024 – led to growing producer restraint, both in China and elsewhere,” wrote Fastmarkets’ head of battery raw material analytics Paul Lusty. “Australian production cuts started in January 2024 but built momentum during the year, with several miners announcing production cuts, plans to place plants on care and maintenance and the suspension of planned expansions owing to market conditions.”

The global commodities firm is forecasting a shift in market dynamics, with analysts projecting a much tighter balance ahead. Initial estimates peg 2025’s surplus at 10,000 metric tons before the market moves into a deficit position in 2026.

How are Canadian lithium stocks performing against this backdrop?

This list was created on March 25, 2025, using TradingView’s stock screener, and all data was current at that time. Only companies with market caps above C$10 million for the TSX and TSXV and above C$5 million for the CSE are included.

1. Power Metals (TSXV:PWM)

Company Profile

Year-to-date gain: 163.04 percent
Market cap: C$196.57 million
Share price: C$1.21

Exploration company Power Metals holds a portfolio of diversified assets in Ontario and Québec, Canada. The company’s flagship Case Lake project in Ontario hosts spodumene-bearing lithium-cesium-tantalum pegmatites.

In November 2024, Power Metals identified a new pegmatite zone at Case Lake through soil sampling. The samples from the zone, located north-northwest of its West Joe prospect, revealed elevated levels of cesium, tantalum, lithium and rubidium, which the company said ‘affirmed prospective drill targets’ for its winter program.

On February 10, Power Metals announced the beginning of work associated with the maiden mineral resource estimate and preliminary economic assessment for Case Lake, which it plans to release in Q1 and Q2 of 2025 respectively. Days later on February 14, the company followed that announcement by releasing the final assays from its Phase 3 drilling at Case Lake, including “exceptional cesium oxide and tantalum intercepts” from the West Joe prospect.

The company’s share price rose in the weeks following the pair of announcements to reach a Q1 high of C$1.46 on February 25.

2. NOA Lithium Brines (TSXV:NOAL)

Company Profile

Year-to-date gain: 41.18 percent
Market cap: C$46.99 million
Share price: C$0.36

NOA is a lithium exploration and development company with three projects in Argentina’s Lithium Triangle region. The company’s flagship Rio Grande project and prospective Arizaro and Salinas Grandes land packages total more than 140,000 hectares.

In late January, NOA reported its completion of 28 vertical electrical sounding geophysics tests at the Rio Grande project as part of its 2025 exploration program.

The recent testing expands on past studies and will aid NOA’s water exploration program, refining one of three identified potential water sources.

In a subsequent corporate update on February 7, NOA outlined its plans for Q1 2025, which largely focused on the advancement of the Rio Grande project through geophysical evaluation and water exploration drilling. The company also plans to review engineering proposals for preliminary economic assessment work.

The company’s share price began climbing in early February and reached a Q1 high of C$0.37 on March 13.

The high came days after a Simply Wall Street report highlighted insider buying at the company, a signal of strong internal confidence. According to the report, NOA insiders invested C$862,600 over the prior six months, with C$358,000 of that coming in a single transaction by CEO and Director Gabriel Rubacha. Additionally, they had not sold any shares in the prior 12 months.

3. Frontier Lithium (TSXV:FL)

Company Profile

Year-to-date gain: 35.56 percent
Market cap: C$141.38 million
Share price: C$0.61

Pre-production mining company Frontier Lithium aims to be a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts in North America.

The Company’s flagship PAK lithium project, which is a joint venture with Mitsubishi (TSE:8058), holds the “largest land position and resource” in a premium lithium mineral district located in the Great Lakes region of Ontario, Canada. Frontier also owns the Spark deposit, located northwest of the PAK project.

Shares of Frontier Lithium reached a Q1 high of C$0.79 on March 4. After already trending upwards through February, its share price peaked alongside news that the Government of Canada and the Ontario Government supported the company’s plans to build a critical minerals refinery in Northern Ontario.

Once complete the proposed lithium conversion facility will process lithium from PAK into around 20,000 metric tons of lithium salts per year. “This expected capacity would support the production of batteries for approximately 500,000 electric vehicles per year,” Frontier’s statement reads.

4. Q2 Metals (TSXV:QTWO)

Company Profile

Year-to-date gain: 30.77 percent
Market cap: C$144.59 million
Share price: C$1.02

Exploration firm Q2 Metals is exploring three lithium properties — Cisco, Mia and Stellar — in the Eeyou Istchee James Bay region of Québec, Canada. Its Mia project hosts the Mia trend, which spans over 10 kilometers, and its Stellar lithium property comprises 77 claims 6 kilometers north of the Mia property.

In 2024, Q2 Metals acquired the Cisco lithium property and spent much of the year exploring the area. In December, Q2 acquired a 100 percent interest in 545 additional mineral claims, tripling its land position at the Cisco lithium property. A February 12 update reported that metallurgical testing on 2024 drill core showed that the primary lithium-bearing mineral in Cisco pegmatite is spodumene.

On February 26, Q2 announced that investors exercised 12.8 million share purchase warrants at C$0.60 each, generating C$7.68 million in proceeds for the company. The warrants were issued through a private placement in February 2023.

Shares of Q2 jumped to a Q1 high price of C$1.08 on March 18. The following day, later the company released some early results from its ongoing winter drill program, which is targeting 6,000 to 8,000 meters of drilling using two diamond drill rigs. The first four holes intersected “multiple wide intercepts of spodumene pegmatite, expanding previously identified mineralization.” The longest continuous interval of spodumene mineralization is 179.6 meters.

5. Wealth Minerals (TSXV:WML)

Company Profile

Year-to-date gain: 20 percent
Market cap: C$18.47 million
Share price: C$0.06

Lithium exploration company Wealth Minerals owns three exploration-stage projects — Kuska, Pabellón and Yapuckuta— all located in Chile.

On February 3, Wealth Minerals released its first news of the year, announcing it penned a joint venture development deal with the Quechua Indigenous Community of Ollagüe for the development of the Kuska project.

Under the deal the Quechua community will hold a 5 percent free-carried interest and a board seat in the JV, ensuring community participation. The partnership may also explore additional projects in the region.

On February 6, Wealth Minerals acquired the Pabellón lithium project, consisting of a portfolio of 26 mineral exploration licenses with an area of 7,600 hectares located in Northern Chile near the Chile-Bolivia border. The project may serve as an additional source of material to Kuska.

The surface of Pabellón hosts South America’s only geothermal power plant, Cerro Pabellón, which is majority owned by electricity company ENEL (MIL:ENEL). Wealth Minerals stated it is considering installing a direct lithium extraction unit next to the plant.

The company’s share price spiked in mid-January, and touched a Q1 high of C$0.095 on January 31, February 7 and February 10.

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

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Tesla made an appearance on Capitol Hill Wednesday where the company was held up as one of several key American manufacturers during a bipartisan event on U.S.-made robotics.

Two Tesla humanoid robots were at the event, with onlookers crowding the machines as they struck various poses. 

They waved their arms at times, and held up hands with two fingers aloft on each in a Richard Nixon-like pose. At one point, a robot’s arm swung out and hit the rope dividing it from the crowd, briefly sending a security guard scrambling to fix it.

Outside of Washington, however, Tesla car dealerships have been targeted by progressive activists across the country. The automaker and tech company is getting singled out for acts of vandalism over its founder, Elon Musk, and his Department of Government Efficiency (DOGE) efforts in the Trump administration.

House select committee on China Chairman John Moolenaar, R-Mich., suggested Tesla’s appearance at the bipartisan event showed Congress rising above partisanship.

‘The competition is with China, and we are united in winning that competition,’ Moolenaar told Fox News Digital at the event. 

He called Telsa ‘innovative,’ adding, ‘All the companies here have shown tremendous ingenuity, and we were pleased to highlight all of their efforts.’

The event featured bots from other events, including so-called ‘robot dogs,’ officially known as ‘Spot the Agile Mobile Robot’ by Boston Dynamics, and a similar machine by Ghost Robotics.

Moolenaar said Spot stood out to him in particular, as well as Tesla’s two robot humanoids that were present at the event.

‘It’s amazing technology, and what struck me was a lot of the same technology that’s in a vehicle is used in these humanoid robots,’ he said.

Rep. Carlos Gimenez, R-Fla., another member of the committee, said the Tesla robots could have ‘unbelievable applications.’

‘Maybe in agriculture — a lot of our farmers are going out of business, can’t compete labor-wise, right? You get a couple of robots that can actually do very detailed farm work and drive the labor costs down, we’ll save the American farmer,’ Gimenez said.

He also accused Democrats outside the event of having their ‘hair on fire’ over Musk and criticized Tesla critics who have been vandalizing its car dealerships.

‘Some people have taken things to an extreme,’ Gimenez said. 

‘There is no need for putting down something that is advancing American technology and is going to be beneficial for America.’

The Trump administration has recently made moves to crack down on those vandals, with President Donald Trump himself threatening to jail protesters. The FBI, meanwhile, has commissioned a task force to look into the matter.

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The Department of Government Efficiency (DOGE) announced it had terminated 113 contracts valued at $4.7 billion Tuesday, including a U.S. Department of Agriculture (USDA) consulting contract for Peru’s climate change activities.

‘[Tuesday] agencies terminated 113 wasteful contracts with a ceiling value of $4.7B and savings of $3.3B, including a $145K USDA consulting contract for ‘Peru climate change activities,” the department posted on X.

DOGE also announced the Department of Labor had canceled $577 million in ‘America Last’ grants, totaling $237 million in savings.

The funding that was canceled included $10 million for ‘gender equity in the Mexican workplace,’ $12.2 million for ‘worker empowerment in South America’ and $6.25 million for ‘improving respect for workers’ rights in agricultural supply chains’ in the countries of Honduras, Guatemala and El Salvador.

Also eliminated was $5 million to elevate women’s participation in the workplace in West Africa, $4.3 million to assist foreign migrant workers in Malaysia, $3 million to enhance Social Security access and worker protection for internal migrant workers in Bangladesh and $3 million for safe and inclusive work environments in the southern African country of Lesotho.

DOGE, led by Elon Musk, is a temporary organization within the White House created via executive order earlier this year.

President Donald Trump tasked the organization with optimizing the federal government, streamlining operations and slashing spending and gave the agency 18 months to do it.

The department has canceled numerous diversity, equity and inclusion (DEI) initiatives at federal agencies, consulting contracts, leases for underused federal buildings and duplicate agencies and programs.

As of March 26, DOGE claims on its site it has saved Americans $130 billion, or $807.45 per taxpayer.

DOGE critics contend the organization has too much access to federal systems and should not be permitted to cancel federal contracts or make cuts to various agencies.

Fox News Digital’s Eric Revell and Alexandra Koch contributed to this report.

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A federal judge denied President Donald Trump’s administration’s efforts to ban transgender people from joining the military, which was set to go into effect Friday.

The Department of Justice has since filed a notice of appeal to the U.S. Court of Appeal for the District of Columbia.

Washington, D.C.-based U.S. District Judge Ana Reyes, a Biden appointee, on Wednesday, denied the government’s motion to dissolve her order that prevents the military from denying transgender people the ability to enlist in the military.

Reyes presided over a hearing on March 21, when she requested the Department of Defense (DOD) delay its original March 26 deadline to enact the policy.

On March 21, the defendants in the suit, who include Trump and Defense Secretary Pete Hegseth, filed a motion to dissolve the injunction blocking the Pentagon’s ban. The filing argued that the policy is not an overarching ban but instead ‘turns on gender dysphoria – a medical condition – and does not discriminate against trans-identifying persons as a class.’

The Trump administration further requested that, if the motion to dissolve is denied, the court should stay the preliminary injunction pending appeal.

The government cited new guidance issued March 21 that it expected to enact the policy if not for the ongoing litigation. The guidance clarified that ‘the phrase ‘exhibit symptoms consistent with gender dysphoria’’ solely applies to ”individuals who exhibit such symptoms as would be sufficient to constitute a diagnosis.”

Reyes said she wanted to allow more time for the appeals process. She also said she had previously allowed plenty of time to appeal her earlier opinion blocking the ban from going into effect.

On Wednesday, Reyes acknowledged that Military Department Identification Guidance (MIDI Guidance) is new, but the argument presented by the defense is not.

‘Defendants re-emphasize their ‘consistent position that the [Hegseth] Policy is concerned with the military readiness, deployability, and costs associated with a medical condition,’’ the judge wrote. ‘Regulating gender dysphoria is no different than regulating bipolar disorder, eating disorders, or suicidality. The Military Ban regulates a medical condition, they insist, not people. And therein lies the problem.

‘Gender dysphoria is not like other medical conditions, something Defendants well know,’ Reyes continued. ‘It affects only one group of people: all persons with gender dysphoria are transgender and only transgender persons experience gender dysphoria.’

She later noted that the opinion has generated a heated public debate, and, as the court predicted, the Trump administration will appeal.

‘This is all to the good,’ Reyes said. ‘But let’s recall that our service members make the debate and appeals possible. Their sacrifices breathe life into the phrase, ‘one nation under God, indivisible, with liberty and justice for all.’ The Court, again, thanks them all.’

The legal challenge comes as the Supreme Court also considers a high-profile case dealing with transgender rights. 

The issue in the case, United States vs. Skrmetti, is whether the equal protection clause, which requires the government to treat similarly situated people the same, prohibits states from allowing medical providers to deliver puberty blockers and hormones to assist with a minor’s transition to another sex.

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NEWYou can now listen to Fox News articles!

The Transportation Security Administration (TSA) has been the cornerstone of U.S. aviation security since its establishment in the wake of 9/11. During that time, it has been subject to much criticism – at times fair, at times not. Despite its imperfections, the men and women of TSA have achieved their mandate of securing the U.S. transportation sector for more than 20 years. 

After two decades, it’s worth asking: Is TSA working as well and efficiently as it could? And if not, how should the agency operate today?

Like many bureaucracies under anemic congressional oversight, TSA relies heavily on inefficient staffing and operational models. As the Trump administration ushers in a long-awaited championing of zero-based budgeting, privatizing most of the TSA’s labor pool – while retaining and empowering its intelligence, oversight and standards-creation roles – offers a path to taxpayer savings, better passenger experiences and continued security. 

TSA – at its core – is a national security organization, and its employees serve critical national security functions. On that basis, the Trump administration recently announced it terminated the collective bargaining agreement with the union representing TSA’s frontline workers. 

Privatizing screening officers should be based on a clearly communicated, step-by-step process that respects the service and important national security roles filled by these employees. Not only is this the right thing to do, but it will help ensure no security lapses occur – particularly critical during a decade that will see the U.S. host the Olympics and World Cup and several other major international sporting events guaranteed to strain the U.S. aviation ecosystem. 

The Trump administration and Congress could undertake three major efforts to reform TSA without sacrificing security:

Begin the process of privatization

Expand existing programs and congressionally sponsored authorities for privatized screening. The long-standing Screening Partnership Program (SPP) allows airports to use qualified private companies, under a cost-savings model that still requires on-the-ground TSA oversight, for security screening. 

Today approximately 20 airports leverage SPP, which requires vendors to follow the same processes, training and regulations as TSA-staffed screening. It also allows for performance incentives when TSA Acceptable Quality Levels are exceeded, encouraging vendors to invest in their workforce and new operational technologies to outperform – and ultimately enhance public safety. 

Based on analysis of seven recent contract awards compared to government cost estimates for the same locations, SPP saves the U.S. taxpayer approximately 15% in screening costs at each airport; the House Committee on Transportation and Infrastructure also found it leads to shorter wait times. With a TSA FY 2025 screening workforce budget of almost $6.5 billion, that greater efficiency applied nationwide could save the American taxpayer nearly $1 billion a year.

Another program to formalize and expand is the Reimbursable Screening Services Program (RSSP), which ‘…(E)nables TSA to be reimbursed for establishing and providing screening services outside an airport terminal’s existing primary screening area for passengers.’ RSSP creates efficiencies for regional connections and air connectivity in parts of the country without immediate access to major international aviation hubs.

Incentivize airports through a multi-year plan

The administration should develop, and Congress should back, a multi-year privatization plan for all U.S. aviation screening services that clearly communicates timelines and milestones for rapid implementation. 

Ultimately, such a plan will directly incentivize each airport nationwide to provide faster, more effective screening services to their customers under the oversight and standards enforcement of a restructured TSA as they compete for passenger market share.

This plan should direct TSA to immediately open the SPP’s Indefinite Delivery, Indefinite Quantity contract to allow more companies to be vetted and qualify as screening vendors and facilitate a jobs portal for Transportation Security Officers interested in transitioning to the private sector. It should also include a review of how the September 11th Passenger Security Fee is utilized. 

A structured, transparent process will ensure no lapses in security, demonstrate deserved respect for our long-serving TSA employees, create an appropriate offramp for younger employees, and place security screening costs on airport balance sheets, realigning client-customer incentive structures.

By transferring the operational aspects of airport security screening to private entities, a restructured TSA will be able to better focus on its governmental functions of intelligence, setting and overseeing stringent security standards, and testing and evaluating new security technologies with the potential to change the face of commercial aviation. This separation of duties – common in most European airports – would focus TSA’s specialization and ensure oversight of private screeners remains robust.

Lean into technology

Investment should be accelerated into new, privacy-respecting automation technologies. Developments in privacy-by-design biometrics, AI-enabled threat detection and seamless baggage handling solutions mean immense opportunities for increased aviation-screening efficiency – particularly at the passenger checkpoint.

 TSA could reallocate savings from privatization, or a greater element of the September 11th Passenger Fee, to aggressively testing these and similar technologies. The agency should prioritize validating these technologies, not managing inefficient government procurement processes that take years to bring new tech to market.

Private companies, freed from bureaucratic red tape, competing for airport contracts based on speed, efficiency, and professionalism, and incentivized by bottom-line mandates from shareholders, can adopt and implement these technologies at speed under TSA’s oversight. They should be mandated to do so once TSA-vetted technology is determined ready for deployment. 

Privatizing the TSA advances the TSA’s ultimate mission – securing our transportation networks – and leads to a more seamless travel experience in the United States. The private sector can bring innovation and agility to airport security, ensuring the U.S. aviation ecosystem remains safe, secure and prepared for the future. 

It also happens to be a great way to save the taxpayer billions.

Tom Plofchan is a former counselor to the secretary of the U.S. Department of Homeland Security. He is a former managing partner and chief investment officer of Pangiam, a leader in vision AI for the global trade, travel, and digital identity industries.  

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President Donald Trump sounded off on Truth Social early Thursday after Judge James Boasberg of the U.S. District Court for the District of Columbia was assigned to preside over a lawsuit lodged against several Trump administration officials and the National Archives and Records Administration (NARA).

The Obama-nominated judge has also been presiding over a lawsuit challenging Trump’s invocation of the Alien Enemies act for authority to deport Venezuelan members of Tren de Aragua, which the U.S. has designated as a foreign terrorist organization.

‘How disgraceful is it that ‘Judge’ James Boasberg has just been given a fourth ‘Trump Case,’ something which is, statistically, IMPOSSIBLE. There is no way for a Republican, especially a TRUMP REPUBLICAN, to win before him. He is Highly Conflicted, not only in his hatred of me — Massive Trump Derangement Syndrome! — but also, because of disqualifying family conflicts,’ Trump asserted in a post.

‘Boasberg, who is the Chief Judge of the D.C. District Court, seems to be grabbing the ‘Trump Cases’ all to himself, even though it is not supposed to happen that way. Is there still such a thing as the ‘wheel,’ where the Judges are chosen fairly, and at random?’ he continued.

‘The good news is that it probably doesn’t matter, because it is virtually impossible for me to get an Honest Ruling in D.C. Our Nation’s Courts are broken, with New York and D.C. being the most preeminent of all in their Corruption and Radicalism. There must be an immediate investigation of this Rigged System, before it is too late!’

Trump called for Boasberg to be impeached earlier this month.

After calling him a ‘Radical Left Lunatic of a Judge, a troublemaker and agitator,’ Trump declared in a post on Truth Social, which did not refer to Boasberg by name, ‘This judge, like many of the Crooked Judges’ I am forced to appear before, should be IMPEACHED!!!’

The new lawsuit Boasberg has been assigned was brought by the self-described ‘watchdog’ group American Oversight.

Defendants named in the suit include Secretary of Defense Pete Hegseth, Director of National Intelligence Tulsi Gabbard, CIA Director John Ratcliffe, Treasury Secretary Scott Bessent, and Secretary of State Marco Rubio as dependents, along with the NARA.

‘Plaintiff American Oversight brings this action … to prevent the unlawful destruction of federal records and to compel Defendants to fulfill their legal obligations to preserve and recover federal records created through unauthorized use of Signal for sensitive national security decision-making,’ the suit declares.

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