Biden extends EU steel, aluminum tariff exemption for 2 years
WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday extended the suspension of tariffs on European Union steel and aluminum for two years to continue negotiations on measures to address overcapacity and…
Rio Tinto to invest $1.1 billion to expand aluminum smelter in Canada
(Reuters) -Rio Tinto will invest $1.1 billion to expand its “low-carbon” aluminum smelter at Complexe Jonquière in Quebec, Canada, the Anglo-Australian mining giant said on Monday. The investment will boost annual capacity…
Canada bans Russian aluminum and steel imports
OTTAWA (Reuters) – Canada on Friday banned the import of all Russian aluminum and steel products in a move that Ottawa said was aimed at denying Moscow the ability to fund its…
Rio Tinto enters agreement with BMW to provide hydro-produced aluminum
By Stephen Culp NEW YORK (Reuters) – Rio Tinto on Tuesday said it would supply BMW with aluminum it produces in Canada using hydroelectric power, lowering the auto manufacturer’s carbon footprint with…
Boeing says it stopped buying aluminum from Russia in March
(Reuters) – Boeing Co stopped buying aluminum from Russia in March, the planemaker said late on Tuesday, as it suspended operations in the sanctions-hit country. It is the second important metal that…
Six Southern California Companies Ordered to Pay $1.83 Billion in Restitution for Scheming to Avoid Payment of Aluminum Duties
LOS ANGELES – Six Southern California companies today were ordered to pay $1.83 billion in restitution for participating in a conspiracy to defraud the United States through a scheme in which huge…
Apple to buy first large batch of carbon-free aluminum for iPhone SE
– Apple Inc said on Thursday it will buy its first industrial-size batch of carbon-free aluminum to use in its low-cost iPhone SE, as it steps up efforts to reduce carbon footprint…
Supply chain crisis, inflation to impact the beer market in 2022 due to rising costs, aluminum shortage
The beer industry is experiencing a shortage in brown glass and aluminum cans and is expecting their alcoholic beverages to be impacted by price hikes in 2022 due to inflation and the…
Breaking News
