Funding & Business
Ramaco Resources CEO: We Are in a Mineral War with China
Ramaco Resources Inc. shares rose as much as 30%, the most intraday since March, after Fluor Corp. completed a preliminary economic assessment of the company’s Brook Mine. Ramaco’s mine is set to open the mine tomorrow alongside U.S. Secretary of Energy Chris Wright, Wyoming Governor Mark Gordon, U.S. Senators John Barrasso and Cynthia Lummis, U.S. Representative Harriet Hageman and former U.S. Senator and Ramaco Board member Joe Manchin. Randall Atkins said rare earth minerals can be found in coal, and he expects the mine to expect to be able to provide these essential materials for decades to come. (Source: Bloomberg)
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Funding & Business
Gold Holds Two-Day Rise With Tariffs and Interest Rates in Focus
Gold steadied after a two-day climb as traders focused on tariff threats from President Donald Trump and the outlook for US monetary policy.
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Funding & Business
Jane Street Fallout Hits Top India Bourse’s Pre-IPO Valuation
A temporary trading ban imposed by India’s securities regulator on Jane Street Group LLC is fueling concerns that volumes in the nation’s bustling derivatives market may drop, hurting business at the top exchange.
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Funding & Business
Alibaba Risks Deepening $100 Billion Rout as Turf War Heats Up
A protracted battle in China’s food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., with no end in sight for damage to profits and investor confidence.
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