Trump Is Spending Billions On The Minerals That Power EVs

For years, U.S. President Donald Trump has openly displayed his disdain for the clean energy and electric vehicle sectors. In the early days of his second term, Trump stalled funding for EV charging infrastructure while pushing fossil fuels. In July 2025, the GOP-sponsored One Big Beautiful Bill Act (OBBBA) rolled back EV incentives from the Inflation Reduction Act, terminating the $7,500 new and $4,000 …

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Aluminium on thin ice as LME stocks hit 36-year low, Reuters says

London Metal Exchange (LME) stocks of aluminium have slumped to their lowest level since 1990, attesting to the supply-chain dislocation caused by the Iran war. Gulf production of primary aluminium has collapsed by two-million tons a year since the US and Israel attacked Iran on February 28. The supply-chain shock has translated into a scramble for available metal from the market of last resort, where registered stocks have …

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