Bion CEO Issues Shareholder Letter

Tyson Foods said it will shut an Illinois beef plant and a Utah case-ready facility and pursue the sale of a Washington plant, citing a prolonged US cattle shortage. Tyson plans to run beef operations around three plants in Nebraska, Kansas and Texas, with Amarillo shifting back to two shifts when cattle are available. Barclays estimates Tyson capacity fell about 10,000 head/day since 2025.

The US Pentagon said it signed two agreements with Boeing and RTX to speed production of key components for Standard Missile-3 Block IB and increase components for Standard Missile-3 Block IIA. The missiles support ship-based air and ballistic missile defense under the Aegis system. The article also cites US defense budget requests of $1.5 trillion and production capacity targets for SM-3.

Digi Power X (NASDAQ:DGXX) reported Q2 revenue of about $6.6M and its first AI compute revenue, about $1.1M from GPU bare-metal rental over five weeks. It invested about $30M in GPU infrastructure (0.6 MW). Adjusted EBITDA rose to about $3.3M; net loss was about $14.4M. It reaffirmed a $1.1B 10-year Alabama contract, with Phase 1 15 MW due Dec 2026 and Phase 2 25 MW by Mar 2027.

NexGen Energy Ltd. says construction has begun on its Rook I underground uranium project in Saskatchewan’s Athabasca Basin. The company expects four years of construction and production starting in late 2030, targeting up to 30 million pounds of uranium annually. NexGen estimates $32.5 billion in economic impact for Saskatchewan. The project will be licensed by Canada’s nuclear regulator.

NexGen Energy says it has begun construction of its C$2.2 billion Rook I uranium project in Saskatchewan. The underground mine and mill are expected to take about four years, targeting about 30 million lb of uranium annually. The Canadian Nuclear Safety Commission approved the environmental assessment and granted a construction licence. A 2021 feasibility study projected C$3.5 billion NPV8% and 233.6 million lb yellowcake over 11 years.

Bank Leumi said it will let customers trade bitcoin, ether and solana via its Leumi Trade app from early 2027. Galaxy Digital (GLXY) will supply trading and custody infrastructure through GalaxyOne Institutional and Galaxy’s custody platform (formerly GK8). The companies did not disclose commercial terms or fees.