v3.26.1
Annual Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Profit or loss [abstract]    
Revenues $ 109,887 $ 124,920
Expenses    
Operating costs (132,640) (145,818)
Professional, consulting and management fees (12,500) (16,304)
Foreign exchange gain (loss) 8,679 (12,517)
Other general and administrative expenses (8,306) (5,429)
Share-based payments (2,289) (1,321)
Finance costs (13,143) (9,460)
Interest income 283 1,523
Technology start-up costs (714) (3,392)
Recovery (write-down) of vanadium assets 294 (1,119)
Exploration and evaluation costs (216) (2,328)
Gain on disposal of interest in subsidiary 5,179 0
Share of net loss from investment in associate (6,189) 0
Total Expenses (161,562) (196,165)
Net loss before tax (51,675) (71,245)
Income tax recovery 0 2,813
Deferred income tax (expense) recovery (17,063) 17,867
Net loss (68,738) (50,565)
Items that subsequently will be reclassified to operations:    
Unrealized gain (loss) on foreign currency translation 10,083 (35,327)
Other comprehensive loss (58,655) (85,892)
Net loss attributable to:    
Owners of the Company (68,509) (49,828)
Non-controlling interests (229) (737)
Net loss (68,738) (50,565)
Comprehensive loss attributable to:    
Owners of the Company (58,426) (85,155)
Non-controlling interests (229) (737)
Other comprehensive loss $ (58,655) $ (85,892)
Basic loss per Common Share $ (1.01) $ (0.78)
Diluted loss per Common Share $ (1.01) $ (0.78)
Weighted Average Number of Shares Outstanding (in 000's)    
- Basic 67,833 64,088
- Diluted 67,833 64,088