Category: Production
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Arcadium Lithium surges as RBC starts as a buy, driven by strong production growth
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Omedia/E+ via Getty Images arcadium lithium (New York Stock Exchange: Altm) +12.7% In trading on Wednesday, RBC Capital rated the stock a new outperform with a $4 price target, saying the company offers investors “the most vertically integrated and diversified exposure to lithium and chemicals across our coverage.” The RBC…
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Alberta regulator projects 17 per cent growth in oilsands production by 2033
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Breadcrumb links BMN Energy BMN Business Article writer: Canadian Press Amanda Stevenson Posted on June 24, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. The Alberta Energy Regulator says it expects oil sands production in…
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Treasury proposes ban on many investments in Chinese semiconductor production
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The United States is determined to dominate semiconductors and not let China catch up. Proposed new rules restrict US investment in key sectors The rules prohibit certain investments in advanced design, automation, manufacturing and packaging tools Quantum computers and artificial intelligence have also been targeted Proposes notification requirements for all…
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Treasury proposes ban on many investments in Chinese semiconductor production
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The United States is determined to dominate semiconductors and not let China catch up. Proposed new rules restrict US investment in key sectors The rules prohibit certain investments in advanced design, automation, manufacturing and packaging tools Quantum computers and artificial intelligence have also been targeted Proposes notification requirements for all…
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Gold Fields cuts production guidance after severe winter weather in Chile (NYSE:GFI)
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Moussa81/iStock via Getty Images gold fields (New York Stock Exchange: GFI) -8.4% Pre-market Thursday after Cut production guidance for the full year Due to worse than expected winter weather in Chile, limiting the intensification of the new Salares Norte project. Gold Fields (GFI) said it now expects production This year…
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Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing
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Volvo Cars has begun shifting manufacturing of Chinese-made electric cars to Belgium, as the European Union prepares to impose tariffs on electric cars made in China, The Times reported. In addition to moving production of the Volvo EX30 and EX90 models to Belgium, the automaker may also move assembly of…
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Volvo shifting EV production to Belgium to evade China tariffs, The Times reports By Reuters
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(Reuters) – Volvo Cars has begun moving production of Chinese-made electric cars to Belgium in the hope that the European Union will press ahead with a crackdown on Beijing-backed imports, The Times newspaper reported on Saturday. The newspaper, quoting informed sources in the company, said that Volvo, whose majority shares…
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Japan and ASEAN plan joint strategy on auto production, Nikkei reports By Reuters
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(Reuters) – Japan and the Association of Southeast Asian Nations (ASEAN) plan to develop their first joint strategy on automobile production and sales within the Southeast Asian bloc to counter China’s growing presence in the electric vehicle market, a newspaper reported on Monday. The goal is to develop an interim…
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I can’t think of any government which has done more to stop British food production
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Nigel Farage said he could not think of any government in recent times that has done more to destroy British food production. Talking to GB News Nigel Farage said: “In Downing Street this morning, there was a gathering, it seemed, of all the great and good of British agriculture and…
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OPEC+ likely to extend production cuts in June, Goldman Sachs says (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images Crude oil futures added modestly to gains from the previous session on Thursday that followed an unexpected decline in US inventories. A 1.4 million barrel drop in US crude inventories in the week ending May 3Supported the market After a month Joseph Dahria, Director of…