Trump signs 25% global tariff on steel, aluminum
U.S. President Donald Trump slapped 25% tariffs on all imports of steel and aluminum on Monday as he said over the weekend he would. The executive order Trump signed at…
Iron Ore
Trump delays 25% tariffs on Canada, Mexico
U.S. President Donald Trump is delaying 25% tariffs on Canada and Mexico for a month after the countries promised to beef up their borders and tackle the organized crime behind…
Canada fires back with 25% tariffs of its own on American goods
Canada responded in kind to U.S. President Donald Trump’s 25% tariff on Canadian goods with the same levy on $155 billion of American products. Ottawa is also considering several non-tariff…
Opinion: Trump drops a bomb on green energy
President Donald Trump has long been a supporter of traditional energy. During his campaign, he spoke negatively about electric vehicles, wind and other renewable energy sources. But in his first…
Rio Tinto, Glencore in M&A talks: Bloomberg
Rio Tinto (NYSE, LSE, ASX: RIO) and Glencore (LSE GLEN) have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant and…
London Symposium JV Video: Quebec’s clean energy, innovation, incentives
Quebec supports mining with hydro-power, streamlined permits and beneficial tax policies, an adviser to the province says. Early government action gives it an edge in the energy transition, Jonathan LaFontaine,…
Biden signs order to power-up AI infrastructure
U.S. President Joe Biden issued an executive order Tuesday to support the development of the country’s artificial intelligence infrastructure and meet the enormous energy requirements from AI data centres in…
Cleveland-Cliffs seeks US Steel with Nucor: CNBC
Cleveland-Cliffs (NYSE: CLF) is reportedly collaborating with its rival Nucor (NYSE: NUE) on a potential bid to acquire US Steel (NYSE: X), CNBC reported on Monday. This development follows the Biden…
Vale sinks to lowest market value since 2016 – Citibank
The stock market value of base metals giant Vale (NYSE: VALE) has fallen to its lowest since 2016 on investor concerns over iron ore and nickel as well as uncertainties…
Trudeau to resign ahead of vote this year likely to elect conservative Poilievre
Canadian Prime Minister Justin Trudeau says he will resign, paving the way for a new Liberal Party leader to take on Pierre Poilievre, who is favoured to win an election…
Trade spats to curb industrial metals demand: BMO
BMO Capital Markets has lowered its demand estimates for next year on the anticipation that higher tariffs and multilateral trade friction could tamp down industrial output. “There is no getting…
Rio Tinto, BHP, BlueScope select Perth to build low-emission iron plant
Australia’s two largest iron ore miners, Rio Tinto (ASX, LSE, NYSE: RIO) and BHP (LSE, NYSE, ASX: BHP), working with BlueScope Steel, have selected Perth to locate the country’s largest…