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Norsk Hydro And The Market Challenges: Rising Costs And Weak Demand Brake Profits
Norwegian aluminum giant Norsk Hydro reported lower-than-expected quarterly profit growth due to the combined impact of higher costs and weak demand in the processing sector. These factors offset benefits from higher alumina and aluminum prices in global markets....
The Us-Ukraine Minerals Deal: A Post-War Security Shield
US Treasury Secretary Scott Bessent stated on Wednesday that a minerals deal between Kyiv and Washington could provide Ukraine with a "security shield" in the post-war period. President Volodymyr Zelensky expressed hope to finalize the agreement within days. The...
CAMMU And The Consequences Of Duties On Steel And Aluminum: Risks To American Industry
The Coalition of American Metal Producers and Users (CAMMU) has expressed serious concerns about the additional 25 percent tariffs on steel and aluminum imports announced by the current U.S. administration. According to the coalition, the reimposition of these duties,...
Vale Announces $12.2 Billion Investment to Expand Iron Ore and Copper Operations in Carajás
The Brazilian mining company Vale is preparing to announce a massive investment of 70 billion reais (approximately $12.2 billion) to expand iron and copper extraction operations at the Carajás mining complex, located in northern Brazil. The news was released on...