Alpha HPA has completed a major equity raise to fund its high-purity alumina project, yet its premium valuation and path to profitability face scrutiny from investors weighing growth potential against execution risks.
As data centers scramble to upgrade for the AI era, a critical bottleneck has emerged in optical communications. AXT, Inc., a specialist in compound semiconductor substrates, finds itself at the center of this shift, leveraging a unique supply chain advantage to meet explosive demand for indium phosphide.
Terrestrial Energy has entered into an Other Transaction Authority agreement with the U.S. Department of Energy for Project TEFLA, a pivotal initiative to demonstrate and integrate its proprietary IMSR Fuel Salt production into the domestic nuclear supply chain.
Backed by a major U.S. government loan and a surge in private equity, USA Rare Earth is accelerating its domestic mining and manufacturing projects, positioning itself at the forefront of a critical national strategy.
In a landmark deal set to reshape global aluminum supply chains, Aluminum Corporation of China (Chalco) and mining giant Rio Tinto have jointly acquired a controlling interest in Brazil's Companhia Brasileira de Alumínio (CBA). This strategic move marks Chalco's largest overseas investment to date, significantly expanding its international footprint and influence.
In a major strategic shift, uranium-focused Energy Fuels announces a deal to acquire Australian Strategic Materials, aiming to create a vertically integrated rare earths producer outside China. The move comes as the company's stock, already on a meteoric rise, faces new questions about its growth trajectory and valuation.
Chemical and ammunition manufacturer Olin Corporation reported fourth-quarter results that missed internal forecasts, pressured by plant disruptions, supply issues, and a sharp year-end drop in chlorine demand. Executives emphasized cash preservation and cost control while navigating what they term an extended market downturn.
While outlining stabilization efforts in challenged segments like Fibers, Eastman Chemical's leadership emphasized that a sustained recovery hinges on broader end-market demand. The company is betting on strategic projects and chemical recycling to drive future growth amid persistent pricing pressures and global trade dynamics.
Mining giant Rio Tinto and state-owned Aluminum Corporation of China (Chalco) have entered a definitive agreement to acquire a controlling 68.6% stake in Brazil's Companhia Brasileira de Alumínio (CBA) from Votorantim, valuing the deal at approximately $902.6 million. The move signals a major consolidation in the global low-carbon aluminum sector.
