Electra Battery Materials Corporation awarded a C$12.4 million contract to Kilmarnock Enterprises for structural, mechanical, and piping work at its cobalt sulfate refinery near Toronto. This contract is part of ongoing construction to support a domestic supply chain for electric vehicle batteries and critical minerals in North America. With this award, Electra has committed about C$46 million in refinery construction packages, progressing on schedule and budget. The refinery project aims to reduce reliance on foreign supply chains and advance North America's critical minerals industry.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
