Dazman/E+ via Getty Images Vale ( VALE ) sees no evidence of demand destruction in global metals markets from the Middle East war and has enjoyed rising margins as the conflict disrupts flows of raw materials, CEO Gustavo Pimenta said Monday in a Bloomberg interview. Disruptions in the Strait of Hormuz have raised fuel prices and freight rates for miners such as Vale ( VALE ), but worldwide demand...
Dazman/E+ via Getty Images Vale ( VALE ) sees no evidence of demand destruction in global metals markets from the Middle East war and has enjoyed rising margins as the conflict disrupts flows of raw materials, CEO Gustavo Pimenta said Monday in a Bloomberg interview. Disruptions in the Strait of Hormuz have raised fuel prices and freight rates for miners such as Vale ( VALE ), but worldwide demand for critical minerals has been "super-constructive" for the company, Pimenta told Bloomberg. Vale ( VALE ) has hiked its full-year free cash flow forecast for its core iron business by $1.5B to reflect the rally in iron ore prices since the war's outbreak, now expecting iron ore to average $112/ton this year, up from $102/ton in its pre-conflict scenario. Pimenta said he is "very optimistic" about the company's full-year outlook, seeing demand growth increasingly being driven by other regions such as Southeast Asia, Europe, and the U.S. while China likely has peaked in steel production, and India will be a major growth engine as it doubles crude steel production over the next decade. The CEO also said the restart of a pellet complex in Oman will have to wait until the Middle East conflict winds down, after previously delaying the reopening until Q3 , citing war-related logistical constraints. Vale's ( VALE ) Oman operations have iron ore pellet production capacity of 9M tons/year, or ~29% of the company’s overall output. More on Vale Vale: Why I'm Not Buying This ~5x EBITDA Multiple Yet Vale: A Re-Rating Without A Cycle Shift Into Q1 (Rating Downgrade) Vale Q1 2026 Earnings Call Presentation
ServiceTitan shares surged more than 4% after reporting strong fiscal Q1 2027 results, with revenue rising 25% year-over-year to $268.8 million, driven by its AI-powered platform.
ServiceTitan shares surged more than 4% after reporting strong fiscal Q1 2027 results, with revenue rising 25% year-over-year to $268.8 million, driven by its AI-powered platform.
Buffalo Potash ( BUFF:CA ) announced on Monday a non-brokered private placement to raise a minimum of C$5M through a mix of units and flow-through shares. The issue price ranges between C$0.45 and C$0.558, with warrants attached to most units at an exercise price of C$0.60. The proceeds will be mainly used to develop the Disley Project in Saskatchewan, while part will support general corporate and...
Buffalo Potash ( BUFF:CA ) announced on Monday a non-brokered private placement to raise a minimum of C$5M through a mix of units and flow-through shares. The issue price ranges between C$0.45 and C$0.558, with warrants attached to most units at an exercise price of C$0.60. The proceeds will be mainly used to develop the Disley Project in Saskatchewan, while part will support general corporate and working capital needs. The offering is expected to close around June 30, 2026. Source: Press Release More on Buffalo Potash Corp., WESCO WESCO International, Inc. (WCC) Q1 2026 Earnings Call Transcript WESCO International, Inc. 2026 Q1 - Results - Earnings Call Presentation WESCO signals higher 2026 outlook with $24.9B-$25.6B sales and $15-$17 EPS WESCO Q1 2026 Earnings Preview Financial information for Buffalo Potash Corp.
Waymo has acquired a massive 5,500-acre proving ground in Arizona owned by Route 14 Investment Partners LLC, a Delaware shell company associated with Apple, according to documents filed with Maricopa County. Waymo acquired the property, which is located near other proving grounds in Wittman, Arizona, for $220 million, according to the filing. The sale was […]
Waymo has acquired a massive 5,500-acre proving ground in Arizona owned by Route 14 Investment Partners LLC, a Delaware shell company associated with Apple, according to documents filed with Maricopa County. Waymo acquired the property, which is located near other proving grounds in Wittman, Arizona, for $220 million, according to the filing. The sale was […]
Waymo has acquired a massive 5,500-acre proving ground in Arizona owned by Route 14 Investment Partners LLC, a Delaware shell company associated with Apple, according to documents filed with Maricopa County. Waymo acquired the property, which is located near other proving grounds in Wittman, Arizona, for $220 million, according to the filing. The sale was […]
Waymo has acquired a massive 5,500-acre proving ground in Arizona owned by Route 14 Investment Partners LLC, a Delaware shell company associated with Apple, according to documents filed with Maricopa County. Waymo acquired the property, which is located near other proving grounds in Wittman, Arizona, for $220 million, according to the filing. The sale was […]