Tag: General Motors

Rare Earths MMI: GM, MP Materials reach rare earth magnets deal; MP to build Texas magnet factory

The Rare Earths Monthly Metals Index (MMI) rose by 11.3% for this month’s reading. You want more MetalMiner on your terms. Sign up for weekly email updates here. GM, MP Materials to collaborate on rare earths magnet supply chain General Motors announced it will collaborate with MP Materials to develop a “fully integrated” U.S. supply chain […]

This Morning in Metals: GM to invest $51M in Indiana aluminum die casting foundry

This morning in metals news: General Motors will invest $51 million to install equipment at its Bedford, Indiana aluminum casting die foundry; nickel prices have gained this past month; and, lastly, the U.K. trade minister reportedly told the U.S. they could consider expanding tariffs on U.S. goods if the U.S. does not remove the Section […]

This Morning in Metals: GM buys stake in electric boating company

This morning in metals news: General Motors announced it had purchased a stake in Pure Watercraft, a firm specializing in “all-electric boating solutions”; aluminum prices ticked up ahead of Thanksgiving; and, lastly, Thyssenkrupp commissioned its 35th EnviNOx® system, which reduces nitrous oxide emissions. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what […]

Automotive MMI: Limited inventory continues to hamper auto sales

The Automotive Monthly Metals Index (MMI) ticked up by 4.2% for this month’s reading. Make sure you are following the five best practices of sourcing aluminum.  US auto sales Ford Motor Co. reported total U.S. sales of 175,918 vehicles in October. The October total sales figure marked a 4.0% year-over-year decline. Retail sales fell by 3.8% […]

This Morning in Metals: Sibanye-Stillwater to acquire Brazil copper, nickel mines

This morning in metals news: Sibanye-Stillwater will acquire copper and nickel mines in Brazil for $1 billion; meanwhile, General Motors announced plans to expand access to electric vehicle charging stations; and, lastly, sales of single-family homes increased in September. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Sign up here. […]

Week in Review: Aluminum prices remain elevated; power costs weigh on metals producers; IEA releases World Energy Outlook

Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including aluminum prices, rising power costs and much more: Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner […]

This Morning in Metals: Anglo American explores integrating hydrogen into South African economy

This morning in metals news: miner Anglo American announced the results of a feasibility exploring the potential for hydrogen in the South African economy; General Motors last week announced plans to double its revenue; and, lastly, steel prices have showed signs of flatlining of late. Stay up to date on MetalMiner with weekly updates – […]

Automotive MMI: Auto sales slump in August as inventory lags, semiconductor shortage continues

The Automotive Monthly Metals Index (MMI) fell by 1.4% for this month’s MMI reading.   Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. US auto sales Ford Motor Co. reported its August retail sales increased by 6.5% from the previous month. However, […]

The dark side of lithium-ion batteries

So far, it has been largely Samsung cell phones or laptops batteries that have caught the media’s attention when devices have caught fire, particularly in contained locations like aircraft or offices. But a spate of reports suggest the problem could also extend to cars, where the potential for serious consequences could be even greater — […]

This Morning in Metals: GM sales in China rise 5.2% in Q2

This morning in metals news: General Motors reported strong Q2 sales in China; miner Anglo American said it had completed its first maritime biofuel trial; and, lastly, the copper price has trended sideways so far in July. Receive the latest short-term and long-term outlook for the full range of industrial metals (base and ferrous) at […]

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