NEWS

United States and Norway Issue Innovative Report Creating Greater Transparency in Critical Mineral Supply Chains

Category: Business News

WASHINGTON – The U.S. Department of Commerce and the Norwegian Ministry of Trade, Industry, and Fisheries issued a thorough, innovative report presenting our shared understanding of non-market policies and practices (NMPPs) of certain third-party countries that may distort critical mineral markets (“NMPP Report”). The NMPP Report marks an important milestone in the United States and […]

Source: U.S. Department of Commerce

Hydro joins Suppliers Partnership for the Environment to drive sustainability in U.S. automotive manufacturing

Category: Business News

Global aluminum and renewable energy company Hydro has joined the Suppliers Partnership for the Environment (SP), a collaboration between leading automotive manufacturers, suppliers and environmental organizations to accelerate the industry’s sustainability transition. Read full article HERE.

Source: Hydro

‘Drill, baby, drill’ unlikely under Trump presidency, Exxon says

Category: Business News

Oil and gas producers in the U.S. will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill,” said Exxon Mobil Corp.’s Upstream President Liam Mallon. “I think a radical change is unlikely because the vast majority, if not everybody, is primarily focused on the economics of […]

Source: WorldOil.com

Norsk Hydro VP in Silicon Valley to Pitch Green Aluminum

Category: Business News

Hilde Haugen Kallevig, vice president at Norsk Hydro, recently relocated to San Francisco. She wants to convince companies like Tesla and Rivian that low-carbon metals are both an environmental benefit and a smart business move, even if the cost is higher. Haugen Kallevig sees a shift to green materials as an opportunity for Silicon Valley’s […]

Source: Silicon Valley Nordic Beat

Secretary Antony J. Blinken and Norwegian Foreign Minister Espen Barth Eide at the Signing of a Memorandum of Cooperation on High-Standard, Market-Oriented Trade of Critical Minerals

Category: Business News

Secretary Blinken stated that yesterday’s “signing of this Memorandum of Cooperation demonstrates a shared commitment to economic security in both a timely and tangible way. Developing secure, transparent critical mineral supply chains is essential if we’re going to achieve our global clean energy goals, but it’s also an essential aspect of our national security.” Read Full […]

Source: www.state.gov

Published: January 10, 2024