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Green Steel: ArcelorMittal Finally Pulls The Plug
Green Steel: ArcelorMittal Finally Pulls The Plug
Submitted by Thomas Kolbe
In the end, economic reality prevails. Green steel has no future in Germany, regardless of how much funding may continue to flow through the channels of the green subsidy machine: At Germany’s overregulated, energy-policy-driven and increasingly sidelined industrial location, industrial production is becoming less and less profitable.
That ArcelorMittal, one of the green economy’s poster boys, threw in the towel at the end of the week and announced that it would end steel production at its Duisburg site is the latest...
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Mar 23, 2026 / Tyler Durden
Israel's Mossad Promised It Could Ignite Regime Change In Iran: Report
Israel's Mossad Promised It Could Ignite Regime Change In Iran: Report
Via Middle East Eye
Israel's intelligence agency Mossad had a plan to ignite public protests that would lead to the collapse of Iran’s government, the New York Times has reported.
David Barnea, Mossad’s chief, met with Israeli Prime Minister Benjamin Netanyahu days before the US and Israel began their war on Iran and told him that the agency would be able to galvanize Iranian opposition in order to bring about regime change.
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Barnea, according to the report, which cites interviews with US and Israeli officials,...
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Sep 14, 2026 / Tyler Durden
US Miner Almonty Strikes Major Deal With Africa's Largest Tungsten-Producing Country
US Miner Almonty Strikes Major Deal With Africa's Largest Tungsten-Producing Country
Almonty Industries is positioning itself to "become the leading Western producer of tungsten," potentially as early as 2027, as Western buyers confront a severe supply shortage sparked by China and, more broadly, what we've described as "resource nationalism."
Bloomberg reports that Almonty has partnered with Rwanda's government, securing a foothold in Africa's largest tungsten-producing nation. The deal aims to accelerate access to existing production and develop a traceable, conflict-free supply chain for Western governments, reducing dependence on China's quasi-monopolistic market...
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May 5, 2026 / Tyler Durden
The Precious Paper Problem: The Divergence In Western Bullion Markets
The Precious Paper Problem: The Divergence In Western Bullion Markets
Authored by Armin Sidhu via The Mises Institute,
Gold has nearly doubled in two years. Silver has outpaced it. For the commodity that backed money for most of human history and that central banks still treat as the final settlement asset, these moves should represent a clean signal about physical scarcity and monetary demand. Western gold prices no longer carry that information cleanly.
The prices quoted in London and New York are increasingly detached from the physical reality of who owns what...
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