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Top News In அலுமினியம் ஸ்மெல்டர் நிறுவனம் ஆஃப் நைஜீரியா Today - Breaking & Trending Today

COLUMN-Time to forget tariffs and reset U.S. aluminium policy: Andy Home

7 Min Read
LONDON (Reuters) - The new United States administration seems in no rush to lift the aluminium and steel tariffs imposed by Donald Trump in 2018.
Workers are seen inside the Magnitude 7 Metals LLC aluminium smelter which is reopening and taking on hundreds of local workers in New Madrid, Missouri, U.S., May 3, 2018. REUTERS/Karen Pulfer Focht
Indeed, one of Joe Biden’s first acts was to reverse Trump’s final-hour lifting of tariffs on aluminium from the United Arab Emirates (UAE).
“The available evidence indicates that imports from the UAE may still displace domestic production and thereby threaten to impair our national security,” he said, true to the spirit of the original Section 232 investigations. ....

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Australia's Fortescue lifts cost estimate for key project, declares bumper dividend

4 Min Read
MELBOURNE (Reuters) - Fortescue Metals Group boosted its dividend payout on Thursday but a cost blowout at a key development project in Western Australia tarnished its ambitions to become a green energy powerhouse.
FILE PHOTO: The logo of Australia s Fortescue Metals Group (FMG) can be seen on a bulk carrier as it is loaded with iron ore at the coastal town of Port Hedland in Western Australia, November 29, 2018. Picture taken November 29, 2018. REUTERS/Melanie Burton
The world’s fourth-largest iron ore miner now sees costs at its Iron Bridge magnetite project at $3 billion, $400 million more than its previous estimate as it postponed the timing of first production to the second half of 2022 from the first half. ....

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LG Energy Solution expands technology moat

LG Energy Solution expands technology lead
Posted : 2021-02-18 09:15
Updated : 2021-02-22 18:35
LG Energy Solution researchers pose with the company s battery cells at its R&D center in Daejeon, in this photo provided by the company, Wednesday. / Courtesy of LG Energy Solution
LG Energy Solution (LGES) has been widening its technology lead over competitors, as the top electric vehicle (EV) battery maker has been investing heavily in developing its own technologies related to making batteries.
Logo for LG Energy SolutionThe company said Wednesday it has invested in around 2 trillion won ($1.8 billion) in research and development (R&D) of battery technologies over the past six years. ....

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SMM Evening Comments (Feb 18): Shanghai nonferrous metals rose across the board after Lunar New Year holiday_SMM

SHFE nonferrous metals closed higher across the board on Thursday February 18. ....

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SMM Morning Comments (Feb 18): Shanghai base metals rose across the board as mainland Chinese markets reopened after Lunar New Year holiday _SMM

Shanghai base metals all cruised higher on Thursday morning as mainland Chinese markets reopened after the Chinese New Year holiday, while their counterparts on the LME rose for the most part on robust US economic data. ....

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