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Steelmaker, Mrvan call for infrastructure plan, trade protections and Buy America policies

Cleveland-Cliffs President and CEO Lourenco Goncalves and U.S. Rep. Frank Mrvan, D-Highland, came together Monday to call for policies that would benefit the American steel industry.
After Mrvan toured the Cleveland-Cliffs Burns Harbor steel mill, the two held a Zoom press conference calling for the American Jobs Plan infrastructure package, Buy America policies promoting union jobs, trade rules enforcement and a continuation of the previous administration s Section 232 tariffs and quotas.
An industry cannot survive if it s only looking at the next quarter or the next year, Goncalves said. Investments have to be made for the next generation. The industry depends on a return on investment in capital. Prices were artificially deflated because of dumping and subsidies. It was absurd. It took consolidation to focus on real jobs and economic development and a sustainable steel industry in this country. We need to take care of good-paying union jobs in the Midwest. ....

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Tellurium plant to be built at Rio Tinto's Kennecott mine in Utah

Rio Tinto announced plans to build a new tellurium plant and cobalt prices are surging.
(Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.)
The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies.
Rio Tinto to build tellurium plant
Miner Rio Tinto recently announced plans to build a tellurium plant at its Kennecott mine in Utah.
Tellurium is used in solar panels in the form of cadmium telluride, a semiconductor.
“With abundant natural resources, Utah is ideally positioned to help supply the critical minerals essential to maintain American manufacturing competitiveness,” Utah Gov. Spencer Cox said in a prepared statement. “Rio Tinto’s smelter at Kennecott is one of only two that is capable of producing copper and other critical minerals. The new tellurium plant is another valuable contribution to critical mineral indepe ....

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