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Six Major US Banks Exit Net Zero Alliance Ahead of Trump Inauguration
The six largest US banks have withdrawn from the UN-backed Net Zero Banking Alliance (NZBA), a move analysts attribute to preempting “anti-woke” criticism from right-wing politicians as Donald Trump prepares…
Microsoft Halts $3.3 Billion Data Center Project
The company indicated that the pause could extend for several months as it reviews the project’s scope and considers recent technological advancements.
In an unexpected move, Microsoft has temporarily halted…
Canada Challenges Trump’s Assertions of Resource Self-Sufficiency
Canada’s Minister of Energy and Natural Resources, Jonathan Wilkinson, has dismissed incoming US President Donald Trump’s recent assertion that America has no need for its northern neighbour as “plainly untrue.”…
- Panama growth hinges on Cobre Panama restart: Report
Business leaders warn growth could slow sharply if First Quantum’s copper mine remains shut through 2027.
- MP Materials to build new $1.25B magnet plant in Texas
The campus is expected to contribute to the company’s total production capacity of approximately 10,000 metric tons of NdFeB magnets a year.
Gold price drops 6% on war-induced inflation fears
Gold prices declined sharply toward the $5,000-an-ounce level on Tuesday as a stronger US dollar and prospects of higher inte...
Shorter commodity cycles reshaping trading, value: McKinsey
Shorter, more frequent commodity volatility cycles are reshaping global trading strategies and concentrating value among the...
Lithium demand to top 13M tonnes by 2050: WoodMac
Global lithium demand could exceed 13 million tonnes by 2050 under an accelerated energy transition, more than double base-ca...