Latest news with #supplyChain
Forbes
5 days ago
- Business
- Forbes
Agentic AI Is Coming For CIOs
SAP Insights explains what CIOs need to know about agentic AI and how to build a workforce strategy. Agentic AI is the next iteration of AI at work, and CIOs need to know how to incorporate it into strategies and workflow. The next SAP Insights newsletter explains how to get started. Agents for AI. Agentic AI is the AI that's able to trigger commands that automatically complete tasks, and that means work gets done sort of in the background. Software companies are starting to add it to their existing AI tools, which is to say: Agentic AI—coming soon to your workplace. If it's not there already. However, it creates some additional considerations that CIOs need to be aware of. We discuss. Also in this issue: Supply chains. There's a supply chain change happening at the moment that's steering focus away from resiliency and toward cost. Concerns about stability and the global economy have prompted this refocus. But the question is: Can you have both? We say yes. Celebrating (?) the birth of remote working. Here's who to blame for our ability to work anywhere. Apple's iBook laptop with built-in Wi-Fi was a game changer. Although Apple discontinued the colorful clamshell design after just two years, the Wi-Fi technology remains. This is the history of what we now take for granted. Research That Hasn't Reached Your Inbox. AI and employee well-being; AI and employee stress (hint: it's about control); and why using LLMs to write is kinda problematic. Want the full stories? Make sure you never miss a biweekly SAP Insights newsletter. Sign up here.
Yahoo
15-07-2025
- Business
- Yahoo
ReElement Technologies Launches Urban Mining-to-Magnet Tolling Service for 99.5%+ Separated Rare Earth Oxides
Innovative offering enables cost-effective recycling of permanent magnets into high-purity Nd, Pr, Dy, and Tb oxides at $25-$35/kg ReElement achieves over 90% recovery rates and partners with domestic magnet producers to deliver a fully circular, U.S.-based supply chain FISHERS, IN / / July 11, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources") along with its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, is pleased to announce the launch of its urban mining-to-magnet rare earth supply chain. Through this offering, ReElement will provide toll processing services to separate and purify recycled rare earth magnets into high-purity Nd, NdPr, Dy, and Tb oxides - achieving purities of 99.5% or greater - for an average cost of $25 to $35 per kilogram. These refined materials will then be converted back into magnets by ReElement's domestic partners, establishing a cost-effective and fully integrated U.S.-based magnet supply chain. ReElement is also recycling a range of strategic and esoteric critical minerals - many of which are subject to China's export controls or near-monopoly - including Terbium (Tb), Gallium (Ga), Germanium (Ge), Gadolinium (Gd), Samarium (Sm), Cobalt (Co), Yttrium (Y), and others essential to both commercial and defense-related high-tech applications. Under these partnerships, ReElement accepts material for recycling and returns the separated and purified oxides - or other desired chemical compound forms - with purities ranging from 99.9% to 99.999%. These refined products are typically provided to the recycling partner at or below prevailing Chinese market prices. Mark Jensen, CEO and Chairman of ReElement, commented, "Over the past decade, we've built an innovative platform - along with the processes and partnerships - to establish an economically viable rare earth and critical mineral supply chain here in the United States. Our Indiana facilities are producing high-purity, separated, and refined Nd, NdPr, and Dy, which we've delivered to domestic partners at costs competitive with Chinese pricing. We're proud to launch this collaborative tolling service for customers committed to building stable, long-term U.S.-based supply chains. If your operations require separated and purified rare earth oxides, reach out to our team - we're ready to help reduce your dependence on inefficient and unstable global supply channels. We firmly believe there's no other group in the U.S. capable of matching our combination of technical performance and pricing in delivering high-purity, refined rare earth and critical mineral products." ReElement is feedstock-agnostic and has successfully processed magnets sourced from wind turbines, automotive rotors, power tool rotors, hard disk drives, electric motors, and magnetic separators. The company has also recycled magnetic swarf from magnet manufacturing operations, returning it to the production cycle. In the coming months, ReElement expects to announce additional tolling partnerships involving SEG, SEG+, MREC, MREO, and other ore-based feedstocks - in addition to existing antimony refining services. ReElement's refining platform - originally developed by Purdue for pharmaceutical purification - has been reengineered to separate rare earths and critical minerals with exceptional efficiency, scalability, and purity. Their patented, programmable platform handles multiple feedstocks and minerals, enabling rapid modular deployment across locations and resource types. Unlike legacy solvent extraction methods, it uses far fewer chemicals, requires less space, and generates minimal waste - making it faster to permit and simpler to co-locate near feedstock or end-use customers. This breakthrough eliminates a major chokepoint in global critical mineral supply chains, which has been dominated by single-source processing, no longer tenable as the U.S. must forge critical mineral supply chain independence, both through processing in the US and in partnership with allies abroad. About ReElement Technologies Corporation ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Learn more about ReElement Technologies' process and technology here - Video. About American Resources Corporation (NASDAQ:AREC) American Resources Corporation is a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process. The company and its affiliates focus on the extraction and processing of metallurgical carbon and iron ore, essential ingredients in steelmaking, as well as critical and rare earth minerals for the electrification market and recycled metals. Leveraging its affiliation and former parent status of ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth and critical battery elements, American Resources is investing in and developing efficient upstream and downstream critical mineral operations. These operations include mining interests in conventional and unconventional sources, recycling, and manufacturing. American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved. Investor Contact: JTC Team, LLCJenene Thomas(908) 824 - 0775arec@ Media Inquiries: Marjorie Weisskohl703-587-1532mweisskohl@ Company Contact: Mark LaVerghetta317-855-9926 ext. 0investor@ SOURCE: American Resources Corporation View the original press release on ACCESS Newswire
Reuters
08-07-2025
- Business
- Reuters
US ocean imports from China tumbled 28% in June on tariff hikes
LOS ANGELES, July 8 - U.S. imports of containerized goods from China tumbled 28.3% year-on-year in June, after higher tariffs on goods from the country's top ocean trade partner extended a steep drop that began in May, supply chain technology provider Descartes ( opens new tab said on Tuesday. Overall U.S. container imports fell 3.5% from June 2024 levels, coming in at 2.2 million 20-foot equivalent units (TEUs). China imports totaled 639,300 TEUs last month, according to Descartes' analysis of bill of lading data from U.S. customs. The retreat followed an extended run of near-record imports fueled by importers rushing in goods to beat tariff deadlines. China's share of U.S. imports hit 28.8% in June, well below the July 2024 peak of 40%. As a result, popular imports from China, from furniture and toys to textiles and footwear, tumbled last month. At the same time, imports from several Southeast Asian countries, including Vietnam, Indonesia and Thailand surged as retailers and other imports diversified sourcing. U.S. ocean imports appear to be stabilizing after the 7.2% year-on-year drop in May, said Jackson Wood, director of industry strategy at Descartes. Year-to-date, total imports through June are tracking 3.8% above 2024, though growth has slowed compared to earlier in the year, Descartes said. "This isn't as bad as it could have been or as bad as we thought it was going to be," Wood said. Still, uncertainty over U.S. tariffs is likely to persist. The U.S.-China trade truce that lowered punitive tariffs is set to expire on August 10. Trump on Monday signed an executive order extending the partial U.S. tariff rate reprieve on many countries, changing it from July 9 to August 1.
South China Morning Post
08-07-2025
- Business
- South China Morning Post
China's rare earth dominance faces global pushback but Beijing has ‘strong hand': analysts
Beijing's recent export controls on rare earths have spurred a flurry of international efforts to diversify supply chains and reduce China's long-standing dominance in critical minerals. Advertisement In June, the Ministry of Commerce announced that it would approve qualified export applications and was open to discussions with other countries regarding the restrictions. But as rare earths emerge as a new front in the US-China rivalry, companies worldwide have announced plans for a string of projects designed to break dependence on Chinese supplies. On July 2, the Australia-listed St George Mining announced in an email that it had begun identifying enriched mineral zones at its fully-owned Araxá niobium-rare earth elements project in Brazil. Two weeks earlier, US companies Kaz Resources and Cove Kaz Capital issued a statement about their partnership with Kazakhstan's national geological company to explore and hold metallurgical tests at the Akbulak rare earth project. To fund a rare earth project in southern Greenland, the Nasdaq-listed Critical Metals Corp said in June that it had secured a loan of up to US$120 million from the US Export-Import Bank. Advertisement
Globe and Mail
07-07-2025
- Business
- Globe and Mail
Is Kirkland's Global Penetration Powering Costco's Margin Story?
Kirkland Signature's growing global footprint is gradually becoming one of Costco Wholesale Corporation 's COST most strategic margin levers. In the third quarter of fiscal 2025, Kirkland sales outpaced overall sales growth, lifting brand penetration by 50 basis points year over year. Behind this outperformance is a global sourcing strategy that aligns production closer to end markets. By manufacturing or procuring Kirkland Signature items within the countries or regions where they are sold, Costco significantly reduces transportation costs and mitigates the impact of tariffs. A prime example cited is Kirkland Signature Ultra Clean Laundry products, now sourced in Asia for APAC warehouses, leading to a remarkable 40% reduction in member prices in that region. While the immediate goal is to pass savings to members, this localized sourcing strategy inherently improves the underlying cost structure. This operational efficiency provides Costco with flexibility. It allows the retailer to maintain its competitive price position, even lowering prices on key items like butter and eggs while simultaneously returning margins to more normal levels. Thus, Kirkland's expanding global footprint and localized production are quietly powering a more resilient and efficient margin story for Costco, enabling value delivery amid a dynamic economic landscape. With more than 40 new Kirkland items launched in the third quarter and a firm focus on global sourcing efficiency, Kirkland Signature has become a margin engine. Costco's Price Performance, Valuation and Estimates Costco, which competes with Dollar General Corporation DG and Target Corporation TGT, has been a standout performer, with shares rallying 12.1% in the past year, outpacing the industry 's growth of 5.5%. Shares of Dollar General and Target have declined 12.3% and 30%, respectively, in the aforementioned period. Image Source: Zacks Investment Research From a valuation standpoint, Costco's forward 12-month price-to-earnings ratio stands at 50.35, higher than the industry's ratio of 32.58. COST carries a Value Score of D. Costco is trading at a premium to Target (with a forward 12-month P/E ratio of 13.33) and Dollar General (18.94). Image Source: Zacks Investment Research The Zacks Consensus Estimate for Costco's current financial-year sales and earnings per share implies year-over-year growth of 8.1% and 11.5%, respectively. Costco currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report
