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US Tungsten Scrap Export Ban Takes Effect As Global Supply Crisis Deepens
US Tungsten Scrap Export Ban Takes Effect As Global Supply Crisis Deepens
The Trump administration's export halt on tungsten scrap and shredded battery material took effect Thursday as the latest effort to retain critical supplies within the US. The measure comes as the US confronts a tungsten-supply crisis marked by limited to nonexistent domestic mine production and years of alarming dependence on China-dominated supply chains, even as Beijing increasingly uses critical-mineral exports as geopolitical leverage and curtails shipments abroad.
The Commerce Department directive prohibits exports of tungsten scrap and so-called black...
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Jul 26, 2026 / Tyler Durden
"Now Taking Reservations For 2031 Delivery": GE Vernova Gas Turbine Backlog Climbs To 116 GW
"Now Taking Reservations For 2031 Delivery": GE Vernova Gas Turbine Backlog Climbs To 116 GW
By Brian Martucci of UtilityDive
GE Vernova posted double-digit revenue and order growth in the second quarter, driven once again by continued strong performance in its Power and Electrification business segments. Those segments, respectively, produce and service gas, hydro and nuclear power generation equipment; and commercial electrical equipment such as transformers and switchgears.
GE Vernova’s beleaguered third segment, Wind, saw orders fall sharply amid persistent softness in U.S. demand for onshore wind turbines and blades.
“We remain focused...
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Jul 30, 2026 / Kyle Anzalone
Trump Is ‘Exasperated’ with Iran War
Sources say that President Donald Trump is becoming “exasperated” as he did not anticipate it would be difficult to make Iran comply with his demands. “The president is exasperated. I don’t think he believed it was going to be this difficult to get the Iranians to agree to a deal. There was not a real […]
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Mar 31, 2026 / Kyle Anzalone
Iranian FM Denies Ongoing Negotiations With the US
Iranian Foreign Minister Abbas Araghchi said that Iran is not engaged in ongoing negotiations with the US. He confirmed that Tehran has received messages from Washington. “I receive messages from [US special envoy Steve] Witkoff directly, as before, and this does not mean that we are in negotiations,” Araghchi told Al Jazeera in an interview […]
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