Ivanhoe Mines founder Robert Friedland welcomes 50% import levy and says domestic production is ‘fundamental’ to US security
Canada’s Prime Minister Mark Carney bets big on the country’s natural gas exports
US president says levy on the key industrial metal follows a ‘national security assessment’
LME price sinks as traders bet any levies will ultimately hit demand for industrial metal
Trade levies could solve the supply-demand problem but they are a blunt tool
President also says he will impose levies of up to 200% on drug imports after a transition period
Plus copper tariffs
Supply glut and shift to lithium batteries knock demand while refiners struggle to secure enough ore
Deadline for countries to sign deals with Trump expires on Wednesday
Beijing takes advantage of prices at 5-year lows for metal vital to steel and EV batteries in push to secure supply chains
Hunt for scarce supplies threatens to create a ‘short squeeze’, pushing prices even higher, warn analysts
Legislation will raise costs for companies that extract lithium, nickel, cobalt and magnesium
US and European industry executives say high electricity prices are holding back efforts to rekindle domestic industry
Financier Gentry Beach in talks over Rubaya coltan mine as Washington dangles investments to accompany end to regional conflict
Industry leaders warn climate targets are at risk without more state support and protection from cheaper imports
World’s biggest producer of key battery metal tries to support prices that have tumbled about 60% in three years
Steel producer may also shutter flagship Belgium biofuels plant in a blow to Europe’s bid to decarbonise heavy industry
Ottawa takes anti-dumping measures on non-US shipments as it looks to protect jobs
The green steel plant of Sweden’s Stegra is being held back over delays in state aid
The Trump White House has not been shy about inserting itself into private enterprise and picking winners and losers
Industry groups urge European Commission to rethink reform plan or face greater dependence on China
President Prabowo Subianto cancels most mining permits issued in the coral-rich Raja Ampat archipelago
And copper distortions
Prices climb more than 10% this month amid search for hedges against dollar weakness
Fee earned to turn concentrate into the refined metal falls further into negative territory this year
