Christopher Rivituso

1 month ago | nrinvesting.com | NR Investing |Christopher Rivituso |Jennifer Sensiba

In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey went into a deep discussion on the weaponization of the U.S. dollar, the global response to financial sanctions, and the ongoing trend of de-dollarization. Maharrey revisited a 2019 appearance on RT, where he predicted that the U.S. and its Western allies would leverage the SWIFT payment system as a foreign policy tool, in the faces of naysayers and so-called fact checkers at the time.

1 month ago | oilandinvest.com | Christopher Rivituso |Zachary Shahan |Joseph Quesnel |Carolyn Fortuna

In what will likely be a boon to the Italian steel industry, Ukrainian metals and mining group Metinvest and an Italian equipment provider operating under the name Metinvest Adria recently signed an agreement to construct a new steel plant at the port city Piombino, in western Italy. Metinvest stated that the two parties signed the agreement in Rome at the Italian Ministry of Enterprises and Made in Italy on February 19, noting that the deal will come into effect in H2.

1 month ago | nrinvesting.com | Christopher Rivituso |Zachary Shahan |NR Investing |Jose Pontes

In what will likely be a boon to the Italian steel industry, Ukrainian metals and mining group Metinvest and an Italian equipment provider operating under the name Metinvest Adria recently signed an agreement to construct a new steel plant at the port city Piombino, in western Italy. Metinvest stated that the two parties signed the agreement in Rome at the Italian Ministry of Enterprises and Made in Italy on February 19, noting that the deal will come into effect in H2.

1 month ago | nrinvesting.com | Christopher Rivituso |NR Investing |Jose Pontes |Michael Barnard

Mining multinational Anglo American recently signed a memorandum of understanding with Codelco to create a new operating company. The reported goal of the copper market shakeup is to increase production from the two companies’ adjacent mines, both of which lie in northeastern Chile. In a February 20 statement, London-headquartered Anglo quoted chief executive Duncan Wanblad as saying the agreement could unlock 2.7 million metric tons of additional copper production over 21 years, starting in 2030.

1 month ago | oilandinvest.com | Christopher Rivituso |Remeredzai Joseph Kuhudzai |Jennifer Sensiba

Mining multinational Anglo American recently signed a memorandum of understanding with Codelco to create a new operating company. The reported goal of the copper market shakeup is to increase production from the two companies’ adjacent mines, both of which lie in northeastern Chile. In a February 20 statement, London-headquartered Anglo quoted chief executive Duncan Wanblad as saying the agreement could unlock 2.7 million metric tons of additional copper production over 21 years, starting in 2030.