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Micron Technology Appoints Deirdre Hanford to Lead New Research Labs in Boise, Idaho

Micron Technology Appoints Deirdre Hanford to Lead New Research Labs in Boise, Idaho

Micron Technology Appoints Deirdre Hanford to Lead New Research Labs in Boise, Idaho
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Springer Tungsten Complex Secures $150M-$175M Funding to Boost US Tungsten Supply Chain

Springer Tungsten Complex Secures $150M-$175M Funding to Boost US Tungsten Supply Chain

Springer Tungsten Complex Secures $150M-$175M Funding to Boost US Tungsten Supply Chain
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U.S. Department of Energy's PROSPECT Initiative Commits Over $180 Million to Rebuild America's Mining Workforce

U.S. Department of Energy's PROSPECT Initiative Commits Over $180 Million to Rebuild America's Mining Workforce

The U.S. Department of Energy (DOE) has announced a significant federal commitment of over $180 million towards mining education and workforce development. This investment includes up to $100 million through the DOE's PROSPECT initiative. The primary goal of this funding is to double the number of graduates in mining, minerals, and associated supply-chain fields within two years. This initiative provides universities with a crucial opportunity to expand their talent pipelines as new domestic mining and processing projects advance. The investment is part of a broader effort to rebuild America's mining workforce, which is essential for supporting the nation's critical mineral independence and supply chain security.
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Specialized CDMOs Prioritize Capability Over Capacity in Fragmented Market

Specialized CDMOs Prioritize Capability Over Capacity in Fragmented Market

Specialized CDMOs Prioritize Capability Over Capacity in Fragmented Market
ReutersReuters
US retail sales rebound more than expected in August; import prices surge

US retail sales rebound more than expected in August; import prices surge

By Lucia Mutikani WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
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Brookings Institution Explores AI's Potential Impact on U.S. Fiscal Outlook

Brookings Institution Explores AI's Potential Impact on U.S. Fiscal Outlook

Ben Harris, Director of the Economic Studies Program at the Brookings Institution, has released new research examining how artificial intelligence (AI) could influence the nation's fiscal outlook. This research, discussed on Moody's 'Inside Economics' podcast, suggests that while AI has the capacity to boost economic growth and alleviate budgetary pressures, it will not eliminate the need for difficult decisions regarding taxes, spending, and the long-term national debt. The study delves into the complexities of AI's economic implications, indicating a nuanced relationship between technological advancement and fiscal policy. The Brookings Institution, a non-profit organization, is dedicated to providing independent research and policy recommendations, and this study aligns with its mission to inform policymakers and the public on critical issues.
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UAW President Shawn Fain Criticizes President Trump's Openness to Chinese Auto Manufacturing in U.S.

UAW President Shawn Fain Criticizes President Trump's Openness to Chinese Auto Manufacturing in U.S.

United Auto Workers (UAW) President Shawn Fain has strongly criticized President Trump's recent comments indicating openness to Chinese companies establishing car manufacturing plants in the United States. Speaking at a UAW conference in Lansing on September 15, Fain stated that President Trump's remarks were 'a slap in the face to American workers.' President Trump, in an interview with Fox News host Laura Ingraham, had initially dismissed rumors about allowing Chinese cars into the U.S. as 'phony' but then added, 'If China wanted to come in and open a plant to build their cars here, I'd be OK with it. Japan does it. But they hire our people.' He clarified that his concern was about Chinese companies building plants in Mexico and shipping vehicles into the U.S., not about direct investment in American manufacturing.
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Gunnison Copper Expands Mine Plan and Secures Funding for Arizona Project

Gunnison Copper Expands Mine Plan and Secures Funding for Arizona Project

Gunnison Copper Expands Mine Plan and Secures Funding for Arizona Project
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Intel in Talks with SK Hynix for U.S. Memory Chip Production, Shares Jump

Intel in Talks with SK Hynix for U.S. Memory Chip Production, Shares Jump

Intel in Talks with SK Hynix for U.S. Memory Chip Production, Shares Jump
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U.S. Department of Energy Funds $74 Million in Domestic Mining Technology Projects

U.S. Department of Energy Funds $74 Million in Domestic Mining Technology Projects

The U.S. Department of Energy (DOE) has announced a significant investment of $74 million to advance domestic mining technology. This funding is allocated across four distinct projects, with three of these initiatives directly tied to universities. The primary goal of this investment is to bolster the technological capabilities within the U.S. mining sector. This move underscores a strategic effort to enhance domestic resource extraction and processing, potentially reducing reliance on foreign sources for critical minerals and materials. The projects are expected to focus on innovative approaches to mining, which could include advancements in extraction techniques, processing efficiency, and environmental sustainability within the industry. The specific details of each project, beyond their university affiliations, were not immediately disclosed, but the overall emphasis is on fostering technological growth and self-sufficiency in U.S. mining operations.
TheStreetTheStreet
The factories meant to absorb your kitchen tariff are shrinking

The factories meant to absorb your kitchen tariff are shrinking

A tariff doubles in January, and planning renovation projects now requires careful timing.
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U.S. Government Backs $150 Million Investment to Revitalize Nevada Tungsten Mine

U.S. Government Backs $150 Million Investment to Revitalize Nevada Tungsten Mine

The U.S. government is supporting a significant investment of $150 million to restart the Springer Tungsten Complex in Nevada. This initiative involves Blue Moon Metals, The Elmet Group, and EQ Resources, who have entered a binding letter agreement. The investment package, totaling $150-$175 million, aims to reactivate Springer's ammonium paratungstate (APT) plant. The Elmet Group will hold a 70% interest in the processing joint venture and operate the plant, while Blue Moon Metals will retain 20% ownership and full control of the Springer mine and mill. EQ Resources will supply 4,000 tonnes of contained tungsten trioxide (WO3) in concentrate over eight years from the plant's commissioning, with a specific allocation of input capacity during the initial years. This funding is part of a broader $450 million government investment in Elmet, with $150 million specifically designated for the Springer transactions. The project targets a restart of the mine and mill in late 2027, followed by the APT plant in the ...