Polyethylene Surge Boosts Dow – JPMorgan Upgrades to Overweight
JPMorgan upgrades Dow Inc. to Overweight with a $40 price target, citing sharp polyethylene price gains from energy disruptions due to the Iran conflict and Strait of Hormuz issues.
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USA Rare Earth Bolsters US Supply Chain with TMRC Acquisition and Round Top Takeover
USA Rare Earth buys Texas Mineral Resources Corp. in a $73M deal, gaining total ownership of North America's top heavy rare earth deposit to strengthen US supply chains for tech and defense.
SSR Mining Cashes Out: Sells 80% Çöpler Stake to Cengiz for $1.5 Billion
SSR Mining agrees to sell its 80% stake in Turkey's Çöpler gold mine to Cengiz Holding for $1.5B in cash. Deal expected to close Q3 2026; proceeds for reinvestment, shareholder returns, and growth as company shifts focus to Americas.
Hudbay Strikes $1.48 Billion Deal for Arizona Sonoran, Building North America's Third-Largest Copper District
Hudbay Minerals seals a $1.48B deal to buy Arizona Sonoran Copper, merging projects to form North America's third-largest copper district and boost US production amid EV and AI demand.
Zimbabwe's Surprise Lithium Export Ban Boosts Miners' Stocks
Zimbabwe suddenly bans raw mineral and lithium concentrate exports ahead of 2027 schedule, tightening global supply and lifting shares of Albemarle, Lithium Americas, SQM, and others amid rising lithium prices.
Red Flags at Nova Minerals – Spruce Point Predicts 45–60% Drop in Alaska Gold Dream
Spruce Point shorts Nova Minerals, warning of fake geologist degree, shady management ties & unrealistic Alaska gold mine. Sees 45–60% drop or worse.