USA Top Stories

Shareholders warn Nippon Steel faces higher decarbonization costs with US Steel takeover

An activist shareholder group said the potential addition of U.S. Steel's 11 blast furnaces to Nippon Steel's operations will almost certainly increase the company's cost of decarbonization.

Reuters | June 20, 2024 | 6:58 am

US backs Angola plan to process critical minerals, export power

The southern African nation, one of the top crude producers…

Bloomberg News | June 19, 2024 | 4:22 pm

New York copper market tightens again, piling pressure on shorts

The July-delivery Comex copper traded at a 7.4 cent-per-pound premium…

Bloomberg News | June 19, 2024 | 9:38 am

Carson Block raises money to bet on rising metals and mining stocks

Earlier this year, Block’s firm set up a long-only fund,…

Bloomberg News | June 18, 2024 | 5:46 pm

US energy storage market hits installation record in Q1

New record marks the highest storage capacity ever installed in…

Staff Writer | June 18, 2024 | 8:46 am

Copper traders get reprieve as historic New York squeeze eases

“With physical markets still tight, further squeezes are possible, so CME may not be out of the woods yet,” said Bank of America.

Bloomberg News | May 29, 2024 | 7:11 am

Lithium in Marcellus shale gas wells could potentially meet part of US demand

If it could be extracted with complete efficiency, lithium from the wastewater of Marcellus shale gas wells could supply up to 40% of the United States demand.

Staff Writer | May 29, 2024 | 5:16 am

Copper price: the squeeze has been squoze

A deeper copper price correction is likely and a new report makes predictions of $40,000/t seem even sillier than they were a week ago.

Frik Els | May 28, 2024 | 11:55 am

Aluminum recycler Novelis targets up to $12.6bn valuation in US IPO

Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is the world's largest recycler of aluminum.

Reuters | May 28, 2024 | 9:25 am

Most seabirds off northern Californian coast unlikely to collide with future wind turbines – study

A recent study shows that almost 80% of seabirds off the northern Californian coast fly far below the height at which potential wind turbines would operate.

Staff Writer | May 28, 2024 | 5:15 am

Vulcan rejects Mexico’s ‘illegal expropriation’ of its investments

The company has been engaged in a years-long conflict with Mexico's government after officials ordered a halt to limestone quarrying at Vulcan's mining unit in 2022.

Reuters | May 27, 2024 | 12:00 pm

Gold price rebounds ahead of US inflation data

After setting a new record high of $2,449.89 last week, bullion has shed more than $100 since.

Staff Writer | May 27, 2024 | 8:37 am

New technique allows recycling components of solid-state batteries over and over again

Researchers have successfully applied cold sintering to the solid and liquid electrolyte components of solid-state batteries to recycle them.

Staff Writer | May 27, 2024 | 6:06 am

Copper prices could surge to $40,000, says top trader Andurand

The metal has risen almost 20% this year, reaching a record $11,000 per tonne this week.

Staff Writer | May 24, 2024 | 9:41 am

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