Alcoa and Rio Tinto are facing tariff-induced costs due to US trade policies, while Alcoa sources alumina from Brazil.
2 reports, 1 independent
Updated Jul 21
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What happened
Alcoa and Rio Tinto are facing tariff-induced costs due to US trade policies, while Alcoa sources alumina from Brazil.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Tariffs are pressuring growth projects and increasing costs for Alcoa and Rio Tinto.1 source
Tariffs imposed by Trump force Alcoa to redirect aluminum and cause gross costs for Rio Tinto.1 source
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The entities involved
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Alcoa
producer of aluminum
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Rio Tinto (Canada)
Nothing else this week.
Related events
Coverage
Newest first; wire copies grouped- Mining TechnologyAlcoa halts Canada growth projects amid US tariffs pressure US-based aluminium company Alcoa has halted growth projects in Canada citing the impact of US tariffs, reported Bloomberg. The negotiation
- Mining TechnologyUS tariffs on Canadian aluminium impact mining giants Rio Tinto, Alcoa Mining giant Rio Tinto faced gross costs of approximately $300m (£223.84m) due to US tariffs on its primary aluminium exports fr