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2 weeks ago | 
financialpost.com | Jacob Lorinc |James Attwood |Martin Ritchie
Article contentIvanhoe Mines Ltd. executives told investors on Thursday it’s too soon to provide output guidance for its massive copper mine in the Democratic Republic of Congo after seismic activity last month caused flooding deep underground. Sign In or Create an AccountArticle contentThe company held a call after slashing its 2025 output guidance for its Kamoa-Kakula complex even after restarting parts of the flood-hit operation.
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2 weeks ago | 
bloomberg.com | Jacob Lorinc |James Attwood |Martin Ritchie
The Kamoa Kakula ming complex in Kamoa, Democratic Republic of Congo. (Bloomberg) -- Ivanhoe Mines Ltd. executives told investors on Thursday it’s too soon to provide output guidance for its massive copper mine in the Democratic Republic of Congo after seismic activity last month caused flooding deep underground. The company held a call after slashing its 2025 output guidance for its Kamoa-Kakula complex even after restarting parts of the flood-hit operation.
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1 month ago | 
bloomberg.com | Colum Murphy |Lucille Liu |Martin Ritchie
David Perdue, the new US Ambassador to China, arrived in Beijing to take up his post as the world’s two largest economies navigate a delicate trade truce. Perdue, a former Republican Senator for Georgia, landed in the Chinese capital on Thursday, according to a post on his official X account.
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1 month ago | 
post-gazette.com | Rachel Phua |Joseph Deaux |Martin Ritchie |Evan Robinson-Johnson
Cleveland-Cliffs Inc. announced Wednesday that it would not be going ahead with plans to turn a massive warehouse in Weirton into a hub for electrical transformers. The West Virginia project, which had been expected to employ hundreds of United Steelworkers members, had been hailed by public officials when it was announced last summer. Cleveland-Cliffs had closed a tinplate mill there earlier that year.
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2 months ago | 
bloomberg.com | Rachel Phua |Joseph Deaux |Martin Ritchie
An employee removes slurry from crucibles of molten aluminum and magnesium at a foundry in Ravenna, Ohio. (Bloomberg) -- When the world’s biggest aluminum- and steel-makers report first-quarter earnings, investors are hoping they’ll offer a window into how President Donald Trump’s tariff measures will ripple through the industry in the coming year. The administration’s 25% levy on imports of the metals have jolted prices higher in the first quarter, boosting the financial outlook for US producers.
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2 months ago | 
detroitnews.com | Rachel Phua |Joseph Deaux |Martin Ritchie
Rachel Phua, Joe Deaux and Martin RitchieBloombergWhen the world’s biggest aluminum- and steel-makers report first-quarter earnings, investors are hoping they’ll offer a window into how President Donald Trump’s tariff measures will ripple through the industry in the coming year. The administration’s 25% levy on imports of the metals have jolted prices higher in the first quarter, boosting the financial outlook for US producers.
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2 months ago | 
news.bloomberglaw.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. The company is phasing out domestic trading at its Topefer Shanghai unit, citing a “challenging environment,” ADM said in a statement Monday.
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2 months ago | 
news.bloomberglaw.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. The company is phasing out domestic trading at its Topefer Shanghai unit, citing a “challenging environment,” ADM said in a statement Monday.
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2 months ago | 
bloomberg.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
The Archer-Daniels-Midland Co. West Plant in Decatur, Illinois. (Bloomberg) -- Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. The company is phasing out domestic trading at its Topefer Shanghai unit, citing a “challenging environment,” ADM said in a statement Monday.
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2 months ago | 
chicagobusiness.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. Citing a “challenging environment,” the company said Monday in a statement that it’s phasing out domestic trading at its Topefer Shanghai unit.
