Metal

Critical minerals are taking center stage in global politics, as nations scramble to secure supplies essential for advanced technologies, military applications, and the green energy transition. Ukrainian President Volodymyr Zelenskiy’s upcoming meeting with U.S. President Donald Trump to sign a critical minerals deal underscores this shift, marking a new era where metals replace oil as […]

New U.S. steel tariffs, set to take effect on March 12, are poised to disrupt a multi-billion-dollar transshipment trade that has allowed Chinese steel to reach the U.S. market via third countries. This move threatens to intensify global competition and deal a significant blow to China’s already struggling steel sector. Since U.S. trade barriers in […]

Analysts warn that proposed U.S. tariffs on copper imports could have severe repercussions for the domestic industrial sector, leading to increased costs and a slowdown in industrial activity. President Donald Trump initiated a probe into these tariffs, claiming they are essential for revitalizing U.S. copper production. Key Highlights:Impact on Prices: Following the announcement, U.S. copper […]

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 […]

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 […]

The United States and Ukraine have reached an agreement on the terms of a draft minerals deal that is pivotal for Kyiv’s efforts to secure Washington’s backing as President Donald Trump aims to swiftly conclude the war with Russia. This development was confirmed by two sources familiar with the negotiations on Tuesday. Key Highlights:Draft Agreement: […]

Russian President Vladimir Putin has extended an invitation to the United States for joint exploration of Russia’s rare earth metal deposits and the potential supply of aluminum to the U.S. market as part of a future economic agreement. Key Highlights:Joint Exploration Offers: Putin emphasized the readiness to engage U.S. companies in joint projects focused on […]

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 […]

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 […]

Fortescue Metals Group reported a decline in first-half profits and announced a reassessment of its timelines for green energy projects, citing uncertainty due to a pause in U.S. grant funding. Key Highlights:Profit Decline: The company reported an underlying attributable net profit after tax of $1.55 billion for the six months ending December 31, a 53% […]