Suspected Erik Voorhees address purchased 2,834 XAUT in the past 2 months

(1) A statement indicates that, so far in October, the average daily coal supply to thermal power plants has increased by 9% compared to last month, while the pace of inventory consumption has also slowed down. (2) India's Ministry of Coal said on Friday that the situation is stabilizing, but restocking of inventories has not yet begun. (3) The ministry stated that in October, the average daily reduction in power plant inventory was 116,000 tons, compared to 243,000 tons in September. (4) On October 7, among the nearly 190 power plants monitored by the Ministry of Power, half had coal inventories below a quarter of their demand, categorizing them as in a critical inventory situation. (5) The Ministry of Coal said that maintaining 465 to 475 dedicated coal train shipments per day would help further stabilize supply and allow inventory replenishment ahead of the festival season and winter. (6) Peak electricity demand is expected to decline by mid-October.

Finnish Ministry of Finance: Finland will hold an auction of euro-denominated Treasury bills on October 13, with a maximum auction amount of 2 billions euros.

(1) The Institute for Energy Economics and Financial Analysis (IEEFA) stated that the EU may need to reduce its natural gas demand by 7% year-on-year this winter. (2) Currently, gas storage inventories are low, and as the heating season starts, the region's energy risk resistance capabilities decrease. (3) Europe's natural gas storage facility capacity is only slightly above 73%, far below the usual level of 88% for the same period in previous years. (4) The EU's complete ban on importing Russian liquefied natural gas, starting from January next year, will further increase this pressure. (5) IEEFA estimates that if demand is not reduced and the storage gap is filled by additional natural gas imports instead, the cost would reach 3 billions euros. (6) Due to the Iran conflict driving global natural gas prices higher, this procurement cost is 12% higher than similar-scale purchases in 2025. (7) IEEFA pointed out that, therefore, “increased reliance on storage facilities” has become a significant “financial burden” for Europe.

(1) Firmus, an Australian AI data center operator backed by Nvidia, has withdrawn its planned major initial public offering (IPO) due to market volatility and conditions, according to a statement the company sent to CNBC. (2) Firmus stated that its board determined the proposed offering terms did not adequately reflect its business strength and long-term growth prospects. (3) The statement said, "Therefore, the board has concluded that proceeding with this offering is not in the best interests of the company and its shareholders." Firmus added that it will now seek capital from the private market and consider other public and private market options. (4) Reportedly, Firmus had planned to raise 5 billions USD in the IPO, pricing shares at 11 AUD each, which would have made it the second-largest new share issue in Australian history. The IPO valued the company at approximately 30.6 billions USD. (5) In August, the company announced a 2 billions USD financing round, backed by Nvidia, Coatue Management, Blackstone, and Jane Street, bringing its total equity raised in the past year to over 3 billions USD, with a valuation exceeding 10.5 billions USD. (6) Last month, Firmus also announced an agreement with Meta to provide GPU computing power in its Southeast Asian AI data centers. These centers are built on Nvidia's DSX platform to support Meta's AI research, model development, and training.