US Antimony Wins $245 Million DLA Contract
USAC, the only North American antimony supplier, won a 5-year, $245M sole-source contract from the U.S. military (DLA) to supply antimony metal ingots.
USAC, the only North American antimony supplier, won a 5-year, $245M sole-source contract from the U.S. military (DLA) to supply antimony metal ingots.
Nucor cut its quarterly profit forecast to $2.05-$2.15/share, down from $2.60. All segments face lower volumes, margins, or higher costs.
Energy Fuels successfully made EV magnets from US rare earths, qualifying them for major carmakers. This creates a non-China supply chain, powering 1,500 EVs soon. They're also producing dysprosium to complete the process.
Anglo American & Teck merge into Anglo Teck, a global critical minerals champion. It'll be a top 5 copper producer (~1.2M tons/yr), headquartered in Vancouver, with London listing. AA holders get 62.4%, Teck 37.6%. $800M synergies expected.
Discover how CATL's lithium mine suspension in Yichun, Jiangxi, due to an expired license, impacted global lithium prices and miner stocks, signaling China's move against overcapacity. CATL expects minimal impact, and the mine accounts for 3-6% of global output.
US rare earths leader MP Materials posts strong Q2 with record NdPr (a key component in rare earth permanent magnets) output, driven by vital partnerships with the DoD and Apple, bolstering domestic supply.