Sonny McNess, the veteran trader who helped build such massive aluminum positions at Mercuria that the London Metal Exchange was forced to adjust its rules, has left the trading house https://t.co/YklxxnD6rD ...

Rio Tinto and Century Aluminum hiked premiums on a key semi-processed aluminum product in the US by about 12% in recent weeks after the Iran war disrupted imports from the Middle East, sources say https://t.co/DGFN41OwuT ...

Nvidia - Nvidia's stock is experiencing a rebound, currently trading above the $170 level, with a 4% increase today [2][3] - The stock is down approximately 7% year-to-date and 17% from its all-time highs last October, indicating a consolidation phase between $170 and $195 [3] - A $2 billion investment into Marbell Technologies is expected to enhance Nvidia's ability to sell more GPUs and technology [3] - Nvidia's forward PE ratio, despite 70% year-over-year revenue growth, is comparable to the S&P 500, which does not exhibit similar growth [4] - Bullish options activity was noted with a trader purchasing 10,000 of the 180/190 strike call spread, indicating expectations for a price increase [5][6] Western Digital - Western Digital's stock is experiencing a positive trend following a Bernstein upgrade to outperform, with a new price target set at $340, up from $170 [8] - The stock has seen a significant increase of over 550% year-over-year and remains up over 50% this year [9][11] - A trader bought over 4,000 April 24th weekly 315 strike calls, indicating expectations for further upside, with a break-even point above $321.70 [10] Alcoa - Alcoa's stock is up 4% today and has increased 24% year-to-date, nearing four-year highs due to geopolitical tensions affecting aluminum supply [14][15] - The conflict in the Middle East has led to a reduction in low-cost aluminum supply, benefiting Alcoa's profitability and strategic value [16] - A trader purchased over 2,500 June 80 strike calls, with a break-even point just under $84, indicating expectations for significant price movement [17]

Core Viewpoint - Comstock Inc. is set to hold its 2026 Annual Meeting of Shareholders on May 28, 2026, focusing on strategic investments and clean energy systems [1] Group 1: Annual Meeting Details - The Annual Meeting will take place at the Peppermill Hotel in Reno, Nevada, starting at 9:00 a.m. PDT [1] - A continental breakfast will be served from 8:00 a.m. to 9:00 a.m. PDT, followed by the meeting and company presentations until 11:30 a.m. PDT [1] - A lunch session for conversations with company management and directors is scheduled from 12:00 p.m. to 1:00 p.m. PDT [1] - The record date for voting at the meeting is March 31, 2026, and only shareholders of record may participate [1] Group 2: Company Overview - Comstock Inc. specializes in innovating and commercializing technologies that support clean energy systems by extracting and converting under-utilized natural resources into reusable metals [2] - The company primarily focuses on recycling end-of-life photovoltaics to recover metals such as silver, aluminum, and gold [2]

Core Viewpoint - Comstock Inc. will participate in the Lytham Partners 2026 Industrials & Basic Materials Investor Summit on April 1, 2026, showcasing its commitment to clean energy systems and resource sustainability [1][2]. Company Overview - Comstock Inc. specializes in innovating and commercializing technologies that support clean energy systems by efficiently extracting and converting under-utilized natural resources into reusable metals, including silver, aluminum, and gold, primarily from end-of-life photovoltaics [3]. Communication Strategy - The company utilizes its investor relations link and main website, along with social media platforms like X.com, LinkedIn, and YouTube, to disclose material non-public information and comply with regulatory obligations [4].

Core Insights - Comstock Inc. has transitioned from a junior mining opportunity to a leading metals recovery company, achieving significant milestones in solar recycling and critical metals recovery [2][4] - The company has established two high-growth businesses: a Nevada-based metals recovery operation and an Oklahoma-based renewable fuels company, both with strategic partnerships [2][4] Financial Highlights - Comstock completed an oversubscribed equity financing of $57.5 million, netting $53.0 million after expenses, enhancing its capital base for growth [7] - The company eliminated all debt obligations, resulting in a strong financial position for further growth and monetization of non-core assets [7] - Cash and cash equivalents were reported at $17.0 million as of December 31, 2025, increasing to $56.1 million by March 20, 2026 [7] Operational Achievements - Comstock has received all necessary permits for its first industry-scale facility, with operations expected to commence in the second quarter of 2026 [5][9] - The company is the only certified R2v3/RIOS Responsible Recycling Standard by SERI for solar panel recycling, ensuring a zero-landfill process [8][9] - The first facility is designed to recycle up to 3.3 million panels annually, with commissioning activities underway [19] Strategic Developments - The company has expanded its board with three experienced independent directors, reflecting strong support from major shareholders [7][4] - Comstock is actively pursuing additional site selections for future industry-scale facilities and storage sites [20][26] - Bioleum Corporation, a spin-off focused on renewable fuels, has secured significant investments and is advancing its production capabilities [15][16] Market Outlook - The company aims to set the global standard for solar panel recycling and to commercialize technologies for renewable fuels from waste and energy crops [17][18] - Comstock's mining assets are well-positioned for monetization, with ongoing discussions with sophisticated mining companies [11][23] - The company plans to expand its national footprint in solar panel recycling and enhance its refining capabilities for higher-purity metals [29][20]

Group 1: Trade Relations and Economic Leverage - Canada emphasizes the importance of goodwill with Americans, highlighting that Americans generally favor doing business with Canada, which can be leveraged in trade negotiations [2][3] - A tariff-free trade agreement between Canada and the U.S. could lead to more affordable goods for Americans, benefiting both economies [3][5] - Canada supplies 70% of its exports to the U.S. for production purposes, which is crucial for American jobs and industries [5][7] - The Canadian oil industry sells approximately $100 billion worth of oil to the U.S., which translates into $350 billion in final sales, supporting American jobs [6] Group 2: Strategic Resources and Energy - Canada is positioned to supply the U.S. with affordable energy, with the capacity to produce an additional 2 million barrels of oil per day, which is about 10% of U.S. daily consumption [25][37] - The country has significant reserves of minerals essential for modern warfare and energy production, which could be strategically utilized in trade agreements [26][42] - A proposed strategic reserve of energy and minerals could enhance Canada's role as a reliable supplier to the U.S. and other allies [27][42] Group 3: Political Landscape and Future Strategies - The Canadian political landscape is focused on affordability, with a commitment to addressing the needs of struggling families and young people [44][49] - The Conservative Party aims to broaden its base by addressing urban issues such as safety and housing, appealing to young Canadians aspiring for homeownership [48][50] - The relationship with the U.S. is deemed crucial for Canada's economic strategy, with a focus on aligning interests for mutual benefits [17][29]

Core Insights - Comstock Inc. will present its year-end financial results and current business updates on March 24, 2026, at 4:30 PM ET [1][2] - The presentation will include a Q&A session for investors and interested parties [2] Company Overview - Comstock Inc. focuses on innovating and commercializing technologies that support clean energy systems by extracting and converting under-utilized natural resources into reusable metals, including silver, aluminum, and gold, primarily from end-of-life photovoltaics [3] - The company aims to efficiently and effectively sustain clean energy systems through its supply chains and technologies [3] Communication Strategy - Comstock Inc. utilizes its investor relations website and social media platforms, including X.com, LinkedIn, and YouTube, to disclose material non-public information and comply with regulatory obligations [4]

Mercuria Energy Group was the main trader behind a surge in orders to take delivery of aluminum on the London Metal Exchange, as traders brace for a major disruption to supplies caused by the effective closure of the Strait of Hormuz https://t.co/pAhOZCe14o ...

Core Viewpoint - Century Aluminum is set to restart operations at its Mount Holly facility, increasing its annual production capacity and positioning itself for significant profitability in the near term [1][6][7]. Production Capacity and Expansion - The Mount Holly expansion is scheduled to begin in April, with a planned restart of 50,000 tons of idled capacity, bringing total annual production to approximately 220,000 tons by the end of June [1]. - Once Mount Holly is operational, Century will have a total capacity of 450,000 tons in the U.S., moving towards a nameplate capacity of 1.4 million tons [2]. - The company operates two smelters in the U.S. and one in Iceland, with the Iceland smelter producing 300,000 tons for the European market [3]. Financial Performance and Projections - Current spot prices suggest a quarterly run-rate adjusted EBITDA of approximately $300 million, which is about $80 million above the company's previous guidance of $225 million [6][10]. - The Mount Holly restart is expected to be highly profitable, with payback anticipated before year-end due to favorable aluminum prices [7][10]. Market Environment and Tariffs - Demand for aluminum in the U.S. is described as "really strong," with tariffs in place since 2018 contributing to price stability [11]. - Century has noted that there is no excess supply entering the U.S. market, and the current tariff regime is expected to remain in place [12]. Strategic Initiatives - Century has partnered with Emirates Global Aluminium to develop a new smelter in Oklahoma, which will be the largest in the Western world at 750,000 tons [13]. - The company is pursuing a $500 million grant from the U.S. Department of Energy and is exploring additional funding opportunities [14]. Asset Management and Capital Allocation - Century sold its idled Hawesville site for $200 million while retaining a 6.8% interest in the new data center being developed on the site [5][15]. - The company is prioritizing organic investments, including the Mount Holly expansion and projects at Jamalco, to enhance operational efficiency [16].