Category: NEWS
Volkswagen Appeals EU Tariffs on Chinese EVs After Tesla Duty Cut
The Volkswagen Group has intensified its appeal to the European Commission, seeking a reduction in tariffs on battery…
Easpring Ramps Up Battery CAM Production to Meet Rising NEV Demand
Chinese lithium-ion battery cathode active material (CAM) manufacturer, Beijing Easpring, reported a notable increase in production during the…
Bulk Alloy Shipments to U.S. Surge in Second Quarter
Imports of bulk alloys to the United States surged in the second quarter, driven by weakened demand in China…
Eramet and BASF Abandon $2.6 Billion Nickel Smelter Project in Indonesia
French mining company Eramet and German chemical giant BASF have decided to withdraw from their planned joint investment…
Wolfspeed’s Silicon Carbide Demand Soars with Shift to 800V EV Systems
The global shift from 400V to 800V electric vehicle (EV) charging systems is driving a sharp increase in demand…
Glencore to Settle Congo Bribery Case with $152 Million Fine
Swiss-based commodities giant Glencore has agreed to pay around $152 million to settle a criminal investigation involving bribery…
European Chip Joint Venture Launches Advanced Semiconductor Plant in Germany
The European Semiconductor Manufacturing Company (ESMC), a joint venture between Taiwan Semiconductor Manufacturing Company (TSMC),…
EU and UK Extend Steel Safeguard Measures Until 2026
The European Commission has announced a significant policy update, extending steel safeguard measures by two years, now set to…
Metal Source Expands Operations with Acquisition of Alabama Aluminum Facility
Metal Source, a subsidiary of Gebhart Holdings based in Indiana, has completed the acquisition of Imperial Group’s…
Ford Revises EV Strategy: Cancels Electric SUV, Delays Next-Gen Truck
In a major overhaul of its electric vehicle (EV) strategy, Ford Motor Company has announced the cancellation of its…
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