Latest news with #Washington-based


Vancouver Sun
17 hours ago
- Business
- Vancouver Sun
Trump says he will double tariffs on steel and aluminum imports to 50 per cent
WASHINGTON — U.S. President Donald Trump said he will double the tariffs on steel and aluminum imports to 50 per cent next Wednesday. Trump initially announced the boosted duties on steel during a rally at U.S. Steel's Mon Valley Works—Irvin Plant near Pittsburgh Friday evening. He told a cheering crowd of steelworkers that the increased levies will 'further secure the steel industry in the United States.' 'Nobody is going to get around that,' Trump said. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. In a post on social media after the rally, Trump said he would also be increasing tariffs on aluminum to 50 per cent. 'Our steel and aluminum industries are coming back like never before,' Trump posted. 'This will be yet another BIG jolt of great news for our wonderful steel and aluminum workers. MAKE AMERICA GREAT AGAIN!' In March, Trump put 25-per-cent tariffs on steel and aluminum imports to the United States. Trump used section 232 of the Trade Expansion Act of 1962 to impose steel and aluminum duties and said it will help bring manufacturing back to the United States. Canada is the largest steel supplier to the United States, accounting for nearly 25 per cent of all imports in 2023. About a quarter of all steel used in America is imported. Trump on Friday said he was thinking about a 40-per-cent tariff, but said 'the group' wanted it to be 50 per cent. As the duties have increased with Trump's tariffs, the government's producer price index found the price of steel products have gone up roughly 16 per cent. Economists have said tariffs on steel and aluminum during the first Trump administration were costly for American companies and consumers. Trump used national security powers to impose a 25-per-cent tariff on steel imports and a 10-per-cent tariff on aluminum imports in March 2018. Nearly a year later, the White House announced a deal had been reached to prevent 'surges' in steel and aluminum supplies from Canada and Mexico, ending the trade dispute. A report by the Washington-based Tax Foundation said during that time companies were forced to pay higher prices, and the duties resulted in the loss of about 75,000 manufacturing jobs. The Peterson Institute for International Economics found that each job saved in steel-producing industries came at a high cost to consumers — roughly $650,000 per job. The Canadian steel industry has warned the return of Trump's tariffs would bring back the disruption and harm seen in 2018. There were also job losses and production pauses in Canada. Trump announced the increased tariffs during a rally to celebrate a deal between Japan-based Nippon Steel and U.S. Steel. Trump said U.S. Steel will stay an American company, but few details of the deal have been made public. Nippon Steel issued a statement approving of the proposed 'partnership.' It's not clear if a deal has been finalized. The surge in duties on steel and aluminum imports come after the president faced his first major legal pushback against use of a different emergency power to impose sweeping tariffs on most nations in the world. The president used the International Emergency Economic Powers Act of 1977, usually referred to by the acronym IEEPA, to enact his so-called 'Liberation Day' and fentanyl-related tariffs. On Wednesday, the U.S. Court of International Trade blocked those tariffs saying Trump went beyond his authority to use IEEPA to take his trade war to the world. The following day, a federal appeals court granted the Trump administration's emergency motion for a temporary stay — allowing those tariffs to stay in place, for now. — With files from The Associated Press Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our newsletters here .
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Business Standard
19 hours ago
- Business
- Business Standard
Will stop being 'nice', says Trump as China violates trade agreement
The comments reflect the tensions between the world's two largest economies, as Trump is eager to show that his tariffs can deliver meaningful results AP Washington US President Donald Trump on Friday said he will no longer be Mr NICE GUY with China on trade, declaring in a social media post that the country had broken an agreement with the United States. Hours later, Trump said in the Oval Office that he will speak with Chinese President Xi Jinping and "hopefully we'll work that out", while still insisting China violated the agreement. What deal Trump was referring to was not clear. But the rhetoric was a sharp break from recent optimism when he lowered his 145 per cent tariffs on Chinese goods to 30 per cent for 90 days to allow for talks. China also reduced its taxes on US goods from 125 per cent to 10 per cent. Trump said the tariff reduction quickly stabilised the Chinese economy, though the decrease also brought a degree of relief to US companies that said the previous rates essentially blocked their ability to bring in Chinese goods and imperiled their businesses. The comments reflect the tensions between the world's two largest economies, as Trump is eager to show that his tariffs can deliver meaningful results in the form of US factory jobs and increased domestic investment. The Trump administration also stepped up the clash with China in other ways this week, announcing that it would start revoking visas for Chinese students studying in the US. Trump's negotiating style has often toggled between extreme threats and grand claims of progress. His mercurial approach has taken the financial markets on a wild ride of sell-offs and rallies that have produced a general sense of uncertainty. That has been compounded by a court ruling this week that Trump overstepped his legal authority with broad Liberation Day tariffs in April as well as import taxes on China, Canada and Mexico tied to fentanyl smuggling earlier this year. A federal appeals court on Thursday allowed Trump to temporarily keep collecting the tariffs under an emergency powers law while he appeals the earlier decision. The Chinese Embassy in Washington on Friday said the two sides have maintained communication over their respective concerns in the economic and trade fields" since officials met in Geneva nearly three weeks ago. But the embassy also said the Chinese government repeatedly raised concerns with the US regarding its abuse of export control measures in the computer chip sector and other related practices". Both countries are in a race to develop advanced technologies such as Artificial Intelligence, with Washington seeking to curb China's access to the most advanced computer chips. China once again urges the US to immediately correct its erroneous actions, cease discriminatory restrictions against China and jointly uphold the consensus reached at the high-level talks in Geneva, the embassy said. Sun Yun, director of the China programme at the Washington-based think-tank Stimson Center, said, I think the Chinese are playing hard to get with the trade talks." Lin Jian, spokesman for the Chinese foreign ministry, on Friday accused the US of overstretching the concept of national security by politicising trade issues. He called the acts by the US malicious attempts to block and suppress China". We firmly oppose that and will resolutely defend our legitimate rights and interests, Lin said. US Treasury Secretary Scott Bessent said in a Thursday interview on Fox News' Special Report that talks with China had stalled. Given the complexity and magnitude of the negotiations, "this is going to require both leaders to weigh in with each other", Bessent said. They have a very good relationship. And I am confident that the Chinese will come to the table when President Trump makes his preferences known. US Trade Representative Jamieson Greer said Friday on CNBC that China has not removed non-tariff barriers as agreed. We haven't seen the flow of some of those critical minerals as they were supposed to be doing, Greer said. China in December announced export bans to the US of critical minerals including gallium, germanium and antimony. It announced more export controls on rare earth minerals in April, in response to Trump's tariffs. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Yahoo
20 hours ago
- General
- Yahoo
North and South Korea are in an underground war - Kim Jong Un might now be winning
Listen to Jean read this article The border between North and South Korea is swamped with layers of dense barbed-wire fencing and hundreds of guard posts. But dotted among them is something even more unusual: giant, green camouflaged speakers. As I stood looking into the North one afternoon last month, one of the speakers began blasting South Korean pop songs interspersed with subversive messages. "When we travel abroad, it energises us", a woman's voice boomed out across the border - an obvious slight given North Koreans are not allowed to leave the country. From the North Korean side, I could faintly hear military propaganda music, as its regime attempted to drown out the inflammatory broadcasts. North and South Korea are technically still at war, and although it has been years since either side shelled the other, the two sides are fighting on a more subtle front: a war of information. The South tries to get information into the North, and North Korea's leader Kim Jong Un tries furiously to block it, as he attempts to shield his people from outside information. North Korea is the only country in the world the internet has not penetrated. All TV channels, radio stations and newspapers are run by the state. "The reason for this control is that so much of the mythology around the Kim family is made up. A lot of what they tell people is lies," says Martyn Williams, a senior fellow at the Washington-based Stimson Center, and an expert in North Korean technology and information. Expose those lies to enough people and the regime could come crumbling down, is how the thinking in South Korea goes. The loudspeakers are one tool used by the South Korean government, but behind the scenes a more sophisticated underground movement has flourished. A small number of broadcasters and non-profit organisations transmit information into the country in the dead of night on short and medium radio waves, so North Koreans can tune in to listen in secret. Thousands of USB sticks and micro-SD cards are also smuggled over the border every month loaded with foreign information - among them, South Korean films, TV dramas, and pop songs, as well as news, all designed to challenge North Korean propaganda. But now those working in the field fear that North Korea is gaining the upper hand. Not only is Kim cracking down hard on those caught with foreign content, but the future of this work could be in jeopardy. Much of it is funded by the US government, and has been hit by US President Donald Trump's recent aid cuts. So where does this leave both sides in their longstanding information war? Every month, a team at Unification Media Group (UMG), a South Korean non-profit organisation, sift through the latest news and entertainment offerings to put together playlists that they hope will resonate with those in the North. They then load them onto devices, which are categorised according to how risky they are to view. On low-risk USBs are South Korean TV dramas and pop songs - recently they included a Netflix romance series When Life Give You Tangerines, and a hit from popular South Korean singer and rapper Jennie. High-risk options include what the team calls "education programmes" – information to teach North Koreans about democracy and human rights, the content Kim is thought to fear the most. The drives are then sent to the Chinese border, where UMG's trusted partners carry them across the river into North Korea at huge risk. South Korean TV dramas may seem innocuous, but they reveal much about ordinary life there - people living in high-rise apartments, driving fast cars and eating at upmarket restaurants. It highlights both their freedom and how North Korea is many years behind. This challenges one of Kim's biggest fabrications: that those in the South are poor and miserably oppressed. "Some [people] tell us they cried while watching these dramas, and that they made them think about their own dreams for the very first time", says Lee Kwang-baek, director of UMG. It is difficult to know exactly how many people access the USBs, but testimonies from recent defectors seem to suggest the information is spreading and having an impact. "Most recent North Korean defectors and refugees say it was foreign content that motivated them to risk their lives to escape", says Sokeel Park, whose organisation Liberty in North Korea works to distribute this content. There is no political opposition or known dissidents in North Korea, and gathering to protest is too dangerous – but Mr Park hopes some will be inspired to carry out individual acts of resistance. Kang Gyuri, who is 24, grew up in North Korea, where she ran a fishing business. Then in late 2023, she fled to South Korea by boat. Watching foreign TV shows partly inspired her to go, she says. "I felt so suffocated, and I suddenly had an urge to leave." When we met in a park on a sunny afternoon in Seoul last month, she reminisced about listening to radio broadcasts with her mum as a child. She got hold of her first K-drama when she was 10. Years later she learnt that USB sticks and SD cards were being smuggled into the country inside boxes of fruit. The more she watched, the more she realised the government was lying to her. "I used to think it was normal that the state restricted us so much. I thought other countries lived with this control," she explains. "But then I realised it was only in North Korea." Almost everyone she knew there watched South Korean TV shows and films. She and her friends would swap their USBs. "We talked about the popular dramas and actors, and the K-pop idols we thought were good looking, like certain members of BTS. "We'd also talk about how South Korea's economy was so developed; we just couldn't criticise the North Korean regime outright." The shows also influenced how she and her friends talked and dressed, she adds. "North Korea's youth has changed rapidly." Kim Jong Un, all too aware of this risk to his regime, is fighting back. During the pandemic, he built new electric fences along the border with China, making it more difficult for information to be smuggled in. And new laws introduced from 2020 have increased the punishments for people who are caught consuming and sharing foreign media. One stated that those who distribute the content could be imprisoned or executed. This has had a chilling effect. "This media used to be available to buy in markets, people would openly sell it, but now you can only get it from people you trust," says Mr Lee. After the crackdown began Ms Kang and her friends became more cautious too. "We don't talk to each other about this anymore, unless we're really close, and even then we're much more secretive," she admits. She says she is aware of more young people being executed for being caught with South Korean content. Recently Kim has also cracked down on behaviour that could be associated with watching K-dramas. In 2023 he made it a crime for people to use South Korean phrases or speak in a South Korean accent. Members of 'youth crackdown squads', patrol the streets, tasked with monitoring young people's behaviour. Ms Kang recalls being stopped more often, before she escaped, and reprimanded for dressing and styling her hair like a South Korean. The squads would confiscate her phone and read her text messages, she adds, to make sure she had not used any South Korean terms. In late 2024, a North Korean mobile phone was smuggled out of the country by Daily NK, (Seoul-based media organisation UMG's news service). The phone had been programmed so that when a South Korean variant of a word is entered, it automatically vanishes, replaced with the North Korean equivalent - an Orwellian move. "Smartphones are now part and parcel of the way North Korea tries to indoctrinate people", says Mr Williams. Following all these crackdown measures, he believes North Korea is now "starting to gain the upper hand" in this information war. Following Donald Trump's return to the White House earlier this year, funds were severed to a number of of aid organisations, including some working to inform North Koreans. He also suspended funds to two federally financed news services, Radio Free Asia and Voice of America (VOA), which had been broadcasting nightly into North Korea. Trump accused VOA of being "radical" and anti-Trump", while the White House said the move would "ensure taxpayers are no longer on the hook for radical propaganda". But Steve Herman, a former VOA bureau chief based in Seoul, argues: "This was one of the very few windows into the world the North Korean people had, and it has gone silent with no explanation." Xi's real test is not Trump's trade war Channel migrants: The real reason so many are fleeing Vietnam for the UK Syrians have more freedom after Assad, but could they soon lose it? UMG is still waiting to find out whether their funding will be permanently cut. Mr Park from Liberty in North Korea argues Trump has "incidentally" given Kim a helping hand, and calls the move "short-sighted". He argues that North Korea, with its expanding collection of nuclear weapons, poses a major security threat - and that given sanctions, diplomacy and military pressure have failed to convince Kim to denuclearise, information is the best remaining weapon. "We're not just trying to contain the threat of North Korea, we're trying to solve it," he argues. "To do that you need to change the nature of the country. "If I was an American general I'd be saying 'how much does this stuff cost, and actually that's a pretty good use of our resources'". The question that remains is, who should fund this work. Some question why it has fallen almost entirely to the US. One solution could be for South Korea to foot the bill - but the issue of North Korea is heavily politicised here. The liberal opposition party tends to try to improve relations with Pyongyang, meaning funding information warfare is a no go. The party's frontrunner in next week's presidential election has already indicated he would turn off the loudspeakers if elected. Yet Mr Park remains hopeful. "The good thing is that the North Korean government can't go into people's heads and take out the information that's been building for years," he points out. And as technologies develop, he is confident that spreading information will get easier. "In the long run I really believe this is going to be the thing that changes North Korea". Top image credit: Getty BBC InDepth is the home on the website and app for the best analysis, with fresh perspectives that challenge assumptions and deep reporting on the biggest issues of the day. And we showcase thought-provoking content from across BBC Sounds and iPlayer too. You can send us your feedback on the InDepth section by clicking on the button below.


Hamilton Spectator
20 hours ago
- Business
- Hamilton Spectator
Trump says he will double tariffs on steel and aluminum imports to 50 per cent
WASHINGTON - U.S. President Donald Trump said he will double the tariffs on steel and aluminum imports to 50 per cent next Wednesday. Trump initially announced the boosted duties on steel during a rally at U.S. Steel's Mon Valley Works–Irvin Plant near Pittsburgh Friday evening. He told a cheering crowd of steelworkers that the increased levies will 'further secure the steel industry in the United States.' 'Nobody is going to get around that,' Trump said. In a post on social media after the rally, Trump said he would also be increasing tariffs on aluminum to 50 per cent. 'Our steel and aluminum industries are coming back like never before,' Trump posted. 'This will be yet another BIG jolt of great news for our wonderful steel and aluminum workers. MAKE AMERICA GREAT AGAIN!' In March, Trump put 25-per-cent tariffs on steel and aluminum imports to the United States. Trump used section 232 of the Trade Expansion Act of 1962 to impose steel and aluminum duties and said it will help bring manufacturing back to the United States. Canada is the largest steel supplier to the United States, accounting for nearly 25 per cent of all imports in 2023. About a quarter of all steel used in America is imported. Trump on Friday said he was thinking about a 40-per-cent tariff, but said 'the group' wanted it to be 50 per cent. As the duties have increased with Trump's tariffs, the government's producer price index found the price of steel products have gone up roughly 16 per cent. Economists have said tariffs on steel and aluminum during the first Trump administration were costly for American companies and consumers. Trump used national security powers to impose a 25-per-cent tariff on steel imports and a 10-per-cent tariff on aluminum imports in March 2018. Nearly a year later, the White House announced a deal had been reached to prevent 'surges' in steel and aluminum supplies from Canada and Mexico, ending the trade dispute. A report by the Washington-based Tax Foundation said during that time companies were forced to pay higher prices and the duties resulted in the loss of about 75,000 manufacturing jobs. The Peterson Institute for International Economics found that each job saved in steel-producing industries came at a high cost to consumers – roughly $650,000 per job. The Canadian steel industry has warned the return of Trump's tariffs would bring back the disruption and harm seen in 2018. There were also job losses and production pauses in Canada. Trump announced the increased tariffs during a rally to celebrate a deal between Japan-based Nippon Steel and U.S. Steel. Trump said U.S. Steel will stay an American company but few details of the deal have been made public. Nippon Steel issued a statement approving of the proposed 'partnership.' It's not clear if a deal has been finalized. The surge in duties on steel and aluminum imports come after the president faced his first major legal pushback against use of a different emergency power to impose sweeping tariffs on most nations in the world. The president used the International Emergency Economic Powers Act of 1977, usually referred to by the acronym IEEPA, to enact his so-called 'Liberation Day' and fentanyl-related tariffs. On Wednesday, the U.S. Court of International Trade blocked those tariffs saying Trump went beyond his authority to use IEEPA to take his trade war to the world. The following day, a federal appeals court granted the Trump administration's emergency motion for a temporary stay – allowing those tariffs to stay in place, for now. — With files from The Associated Press This report by The Canadian Press was first published May 30, 2025. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .


The Market Online
a day ago
- Business
- The Market Online
Defense boom, tungsten shock, Nasdaq listing: Is Almonty the most exciting stock of 2025?
Many investors dream of getting in on a stock at the right time – just before it takes off. Shares in tungsten producer Almonty Industries have already staged a unique rally this year. The revaluation is, therefore, in full swing. But how much further can the stock go? While analysts at Sphene Capital see further upside potential of 100%, events are unfolding rapidly – at Almonty (TSX:AII), an u and around the world. We explain what makes Almonty Industries such an interesting investment story. Almonty supplies tungsten from secure regions – The US is snapping it up Almonty Industries (TSX:AII) is a global tungsten producer that mines high-grade tungsten concentrate from politically stable, conflict-free regions. Almonty currently operates the Panasqueira tungsten mine in Portugal and has other projects in Spain. The flagship Sangdong project in South Korea is scheduled to go into production this summer. This geographical diversification in legally secure regions makes Almonty's offering unique – around 90% of the world's tungsten supply currently comes from China, North Korea or Russia. China has made exports more difficult several times in recent months, and the US National Defense Authorization Act even prohibits the US Department of Defense from purchasing tungsten mined or processed in China or Russia from 2027 onwards. Almonty is, therefore, one of the few remaining suppliers. In this context, the Sangdong project is unique: it is one of the few new large-scale tungsten projects outside China and is being developed in a country considered a close ally of the US. This fits perfectly with the strategy of the United States and other Western countries to build resilient supply chains for critical raw materials. Almonty's collaboration with Washington-based consulting firm ADI, whose team consists of former government and military experts, highlights the political dimension of the project. The fact that Almonty has relocated its headquarters to the US also fits into this picture. Unique conditions – Tungsten already sold with no price cap Almonty currently produces around 900 tons of tungsten per year at its Panasqueira mine in Portugal. Although the mine has been in operation for 136 years, Almonty CEO Lewis Black expects it to remain active for another 20 to 30 years. According to Black, the mine remains solidly profitable thanks to the high quality of the material. The Sangdong project in South Korea will contribute an additional 4,000 tons of tungsten per year starting this summer. However, Almonty has the option to double this production in the short term. Compared to the mine in Portugal, Sangdong offers grades of 0.47% tungsten trioxide. This is still around six times more than the Panasqueira mine, which has been profitable for over a hundred years. The US relies on 10,000 tons of tungsten yearly to meet demand in the defense and high-tech industries. Almonty has already sold more than half of the tungsten production from the Sangdong mine. The buyers are a subsidiary of the Austrian Plansee Group and the US defense supplier Tungsten Parts Wyoming. Almonty considers the terms of these purchase agreements to be very good – they include minimum prices but no price caps. For Almonty and its shareholders, this means planning security and stable cash flows without having to forego positive surprises. Additional potential: Molybdenum lies beneath the tungsten When Lewis Black talks about Sangdong, he primarily highlights the convincing figures despite conservative calculations. The project investment costs amount to around USD 105 million, 70% of which was financed by a loan from the German KfW-IPEX Bank. According to the feasibility study, the project has a net present value (NPV) of around USD 156 million and a pre-tax profitability of approximately 26%. In addition, Sangdong offers long-term upside potential through an underlying molybdenum deposit, which could also be exploited in the future. Own refinery turns Almonty into a high-tech supplier In order to achieve an even greater share of the value chain, Almonty will also enter the tungsten processing business. According to Black, this element is not only challenging to mine but also difficult to process further. Thanks to the many years of experience of the Almonty Industries team, which was already working with tungsten when Western industry had not even noticed its dependence on China, the Company has the necessary expertise. Almonty signed a letter of intent in 2024 to build its own refinery in South Korea by 2027. The Sangdong Downstream Extension Project is expected to have an annual capacity of 4,000 tons of tungsten and produce ammonium paratungstate (APT) and nano-crystalline tungsten oxide. This would mark Almonty's first step from a pure mining operator to a fully integrated tungsten producer. Through this vertical integration, Almonty will achieve significantly greater added value and could also supply highly refined tungsten products – such as powders and alloys – to the South Korean battery and semiconductor industry. Tungsten: Analysts see a 16% supply gap in 2025 Demand for tungsten has been rising steadily for years – analysts at predict an annual increase of 4.6% through 2030. However, since the war in Ukraine, sanctions against Russia, and the consequences of the US National Defense Authorization Act, supply has been very limited. New tungsten projects have been rare for many years – Sangdong is considered an exception. Analysts at The Oregon Group expect a significant supply gap of up to 16% for tungsten in 2025. The commissioning of the Sangdong mine later this year is very timely. Key figures + Nasdaq listing = New momentum? With peace efforts surrounding the war in Ukraine having temporarily collapsed and the signs continuing to point to arms deliveries and rearmament, tungsten will continue to be needed for the defense industry in the near future. However, the unique element with the high melting point is also indispensable in aerospace, modern batteries, and heavy equipment in mining. The stock of Almonty Industries has consolidated at a high level in recent months and has recently been poised to reach new highs. Almonty's key operating figures are looking good. The planned listing on the US Nasdaq stock exchange, set to coincide with the start of operations at the Sangdong mine, should give this unique investment story additional momentum. There are many reasons to believe that Almonty shareholders are in the right place at the right time. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a 'Transaction'). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company. In this respect, there is a concrete conflict of interest in the reporting on the companies. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual this reason, there is also a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. This is third-party provided content issued on behalf of Almonty Industries Inc., please see full disclaimer here.