FAA probes suspect titanium supply used in Airbus, Boeing jets

US President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports.

Production at the new plant was expected to begin around the end of 2025, representing a $290 million investment.

CMOC said in March that its Tenke and Kisanfu projects in Congo will produce more than 60,000 tons of cobalt this year.

The tariff rate on natural graphite and permanent magnets will increase from zero to 25% in 2026.

Mining operations at COMMUS could resume as long as the company ensured radiation levels remained in line with standards.

Prices of copper have risen 17% this year on fears of shortages.

Prices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook.

The majority of Mexico’s raw aluminum imports come from Asian countries, with 42% of the total coming from China in February.

Imports by China, the world's biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric tons.