Today’s Top Stories:
TD Cowen Downgrades Piedmont Lithium
In a surprising turn of events, TD Cowen announced the downgrade of Piedmont Lithium Inc. (PLL) from Outperform to Market Perform, shaking up the outlook for the company’s stock.
Biden Administration’s Impact on US Steel Deal
Joe Biden’s economic advisors have signaled a firm stance on protecting union jobs and U.S. steel manufacturing. Their stance puts pressure on the pending $14.1 billion deal between U.S. Steel Corporation (X) and Nippon Steel Corporation, making it clear that the former would need to increase its support for organized labor for the deal to move forward.
Meanwhile, the proposed sale of United States Steel is under scrutiny, as former Louisiana Attorney General Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating whether the shareholders are getting a fair deal.
New Appointment at United States Antimony Corporation
In other news, United States Antimony Corporation (UAMY) has appointed Jeffrey Fink as its Vice President and General Manager of its Bear River Zeolite mining operation.
American Battery Technology at Bloomberg Summit
American Battery Technology Company (ABAT) is gearing up to participate in the prestigious Bloomberg New Energy Finance Summit in San Francisco. CEO Ryan Melsert will join a panel discussion on the topic of “Can Battery Recycling Solve Supply Chain Challenges?”
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