Metal

Trump Confirms Zelenskiy’s Visit to Washington for Rare Earth Minerals Agreement

U.S. President Donald Trump announced that Ukrainian President Volodymyr Zelenskiy will visit Washington on Friday to sign an agreement concerning rare earth minerals. The deal is pivotal for Ukraine as it seeks continued U.S. support amid the ongoing conflict with Russia. Key Highlights:Details of the Agreement: The agreement, described by Ukraine’s Prime Minister Denys Shmyhal […]

Trump Launches Probe into Copper Imports, Aiming for Tariffs to Boost U.S. Production

President Donald Trump has initiated a new investigation into potential tariffs on copper imports as part of his ongoing strategy to reshape global trade norms. This move is intended to bolster U.S. production of copper, a metal essential for electric vehicles, military hardware, the power grid, and various consumer goods. Key Highlights:National Security Probe: Trump […]

U.S. Manufacturers Face Rising Metal Prices Ahead of Tariffs

As the U.S. prepares to implement tariffs on steel and aluminum, manufacturers across the country are already feeling the impact, with prices for these essential materials surging and supply chains experiencing disruptions. Key Highlights:Price Increases: Glen Calder, who operates a machinery factory in South Carolina, reports that steel prices have jumped over 15% in just […]

Teck Resources Unfazed by Trump Tariffs, Posts Strong Q4 Earnings on Copper Surge

Canadian mining giant Teck Resources announced on Thursday that U.S. President Donald Trump’s proposed tariffs on Canadian imports are unlikely to have a material impact on its operations. CEO Jonathan Price emphasized during a post-earnings call that the company’s primary markets for copper and zinc concentrates are in Asia and Europe, not the U.S., insulating […]

Ancora Intensifies Proxy Battle with U.S. Steel, Demands Access to Board Records

Ancora Holdings, an activist investor, is escalating its campaign against U.S. Steel (X.N) by demanding access to a range of board records, including minutes and financial documents. This move comes as U.S. Steel navigates a legal challenge to its proposed merger with Japan’s Nippon Steel (5401.T). Key Highlights:Boardroom Challenge: Ancora launched its challenge last month, […]

Chinese Lithium Company Halts Exports Amid Rising Trade Tensions

A Chinese company has ceased exporting a key piece of equipment used in processing lithium, marking a significant response to proposed export controls from Beijing amid escalating trade tensions. Jiangsu Jiuwu Hi-Tech (300631.SZ) informed customers last month that it would stop exporting filtration equipment known as a sorbent starting February 1. Key Highlights:Impact of Export […]

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