Caterpillar warns tariff impact bigger than previously seen
The annual tariff range is higher than Caterpillar’s Aug. 5 guidance of $1.3 billion to $1.5 billion.
Latest Stories
Lynas Rare Earths to raise $488 million after China shock
The company — backed by Australia’s richest person, Gina Rinehart — will use the funds to streamline existing operations.
Tariffs turn Rio Tinto into aluminum buyer in US market
Rio has bought at least 50,000 tons of aluminum from the US spot market since June, according to Bloomberg.
Vale, Brazil fail to reach deal for railway concessions renegotiation
Vale said the contracts for the Carajas and Vitoria-a-Minas railway concessions, which in 2020 had been extended until 2057, remain in effect.
Sweden to scrap uranium mining ban with nuclear buildout looming
The change is due to take place from Jan. 1 next year.
Nippon Steel bets on $11B investment, tech transfer to lift US Steel profit
Plans include a new hot-rolling mill at US Steel's Mon Valley Works in Pennsylvania and the refurbishment of the No. 14 blast furnace at Gary Works in Indiana.
Valterra Platinum plans to start underground trial mining in late 2026
Mogalakwena in Limpopo province, north of Johannesburg, is the world's largest open-pit PGM mine.
Trinity Metals to supply tungsten concentrate from Rwanda to the US
The US has not mined tungsten domestically since 2015.
Untapped lithium riches are in crosshairs of Bolivian candidate
If he wins an Oct. 19 runoff, Jorge Quiroga plans to ensure competitive bidding processes and loosen state control.
