Alcoa, the storied U.S. metals producer, is feeling the pinch of President Donald Trump’s tariffs and has been forced to pause work on all its growth projects underway in Canada.
July 18, 2025GovernmentBusiness
Alcoa Says Trump Tariff Added $115 Million in Aluminum Costs
Alcoa., the largest U.S. aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter.
July 17, 2025BusinessTechnologyFuel
Volkswagen Purchases Stake in Lithium Firm for $48 Million
Volkswagen Group will spend C$69 million ($48.1 million) on a 9.9% stake in lithium miner Patriot Battery Metals to secure raw materials for electric vehicles.
December 18, 2024GovernmentBusinessEquipmentLogistics
Miners Tap Trucks to Sidestep Canada's Rail Stoppage
Two mining giants are rerouting shipments and turning to trucks to deal with disruptions from a Canadian railway stoppage that threatens to undermine the industry’s operations.
August 22, 2024Business
Cleveland-Cliffs to Buy Canada’s Stelco for $2.8 Billion
Cleveland-Cliffs agreed to buy Canadian steelmaker Stelco Holdings for about $2.8 billion, in the company’s first major move after losing out in its bid for U.S. Steel Corp. last year.
July 15, 2024