We told you last week that Senate Democrats were back at the negotiating table on permitting reform and it looks like the White House is getting involved as well. Reporting indicates that members of the National Energy Dominance Council are working with Congress giving strong signals that everyone agrees it’s time to get something done.
Aluminum prices continue to rise—reaching the highest in four years—as the conflict with Iran continues to tighten supplies. The region accounts for nearly 10 percent of the world’s aluminum, and traders are bracing for more disruptions.
Finally, The New York Times today has an interesting piece on the role the Export-Import Bank is playing in President Trump’s global minerals strategy. The Bank is at the center of the President’s Project Vault initiative, providing a $10 billion loan to support an initiative to stockpile critical minerals.