Top Stories for Jan. 29, 2024:
1. TD Cowen lowers rating on Piedmont Lithium Inc. PLL from Outperform to Market Perform.
2. President Joe Biden‘s administration indicates support for union jobs and U.S. steel production, suggesting that U.S. Steel Corporation X may need to enhance its backing for organized labor for its $14.1 billion agreement with Nippon Steel Corporation to proceed.
Meanwhile, an investigation is underway into the proposed acquisition of United States Steel to assess whether the $55 per share deal undervalues the company.
3. United States Antimony Corporation UAMY appoints Jeffrey Fink as Vice President and General Manager of its Bear River Zeolite mining operation.
Chairman of the Board Gary C. Evans expresses optimism about the potential for increased production at the mining operation under Fink’s leadership.
4. American Battery Technology Company ABAT to join the Bloomberg New Energy Finance Summit in San Francisco to discuss battery recycling and industry challenges.
CEO Ryan Melsert will take part in a panel on domestic scaling of battery recycling capacity.
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