Western nations are collaborating through the Minerals Security Partnership to support critical minerals projects and reduce China’s dominance in the sector, with a focus on financing and investment in projects like the Kabanga nickel project in Tanzania. The coalition of 14 nations and the European Commission will unveil a new financing network, aiming to attract private investors and miners to the sector. The US is evaluating 30 critical minerals mining projects and working with lower-income countries to provide alternatives to China for financing.
Full Article
Down 24%, Should You Buy the Dip on BigBear.ai?
BigBear.ai (NYSE: BBAI), an AI data analytics firm, has experienced significant share price volatility, soaring 142% over the past year compared to an 11% return for the S&P 500, though it has recently faced a 24% decline in the last three months. This downturn has raised questions for investors about whether it is a good time to buy or a signal to avoid the stock. Despite its past gains, the company still has much to...
Read more