M2i Global updated the value of its previously announced 88,000-ton copper agreement to $1.172 billion, a 24% increase from $945 million in 2024, driven by copper prices hitting $13,320 per ton. This price surge is fueled by strong Chinese demand, supply constraints from Middle Eastern conflicts, and growing copper needs for electric vehicles and AI data centers. M2i is also expanding its mineral portfolio and progressing with its merger with Volato Group, aiming to strengthen its position in the critical minerals market, which is crucial for U.S. infrastructure and national security. The merger, approved by shareholders, combines M2i's mineral supply chain expertise with Volato's technology capabilities to capitalize on a market exceeding $320 billion annually.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
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...
