The company has struggled with construction cost overruns at its Rochester, New York, battery processing facility.

The US exported about 74 million tons of coal last year, with Baltimore the second-largest terminal for the commodity.

Facilities in Baltimore had 756 metric tons of nickel, 150 tons of tin and 50 tons of copper.

Commodities have done well in the past five easing cycles, a senior analyst said.

The value of private credit deals in the oil and gas industry topped $9 billion in the 24 months through 2023, up from $450 million arranged in the preceding two years.

The precious metal was also bolstered on Tuesday by weaker US dollar.

The initiative, the single largest industrial decarbonization investment in US history, will subsidize 33 industrial projects in 20 states.