UK to invest $66 million in critical minerals to reduce import reliance

Britain will invest £50-million ($66-million) to boost domestic production of critical minerals, the government said on Monday, as it seeks to reduce reliance on concentrated global supply chains and strengthen economic resilience. The funding will support projects across extraction, processing and recycling, aimed at securing materials used in products ranging from smartphones and fridges to electric vehicle batteries. The move builds …

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Aluminum’s War Shock Blunted By Dark Transits And Chinese Supply

The Iran war caused one of the biggest supply shocks to ever hit the aluminum market, but the runaway price surge that many were bracing for has been blunted by the ingenuity of producers from the Middle East to China.  When the conflict began, market watchers warned that unless the Strait of Hormuz reopened quickly, smelters were likely to run out of raw …

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