US bill aims to counter China control of Congo critical minerals

Jetti tapped existing investors as well as new backers at a valuation that’s about double its last raise.

President Joe Biden last week doled out $2.8-billion to miners developing new US sources of lithium, nickel, copper, and other EV minerals.

The commodity trading industry has been dogged by anti-corruption investigations for years, but few individual traders or executives have faced prosecution.

EVelution Energy is expected to start construction of the plant in Arizona in late 2023.

The euphoric US dollar’s epic parabolic surge over this past half-year continues to sorely vex gold.

“Gold is staging a comeback as expectations grow that this next 75 basis-point hike will be the last major one,” analyst said.

BHP CEO Mike Henry said the market will be in “a little bit oversupply” in the next few years, before tightening up toward the end of the decade.

Macroeconomic headwinds have pushed copper futures down almost 30% from a peak in March.

The largest US aluminum producer had third-quarter adjusted loss of $60 million or 33 cents a share, missing the average estimate of 3 cents profit.