News
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Liontown Resources amends loan and supply deals with Ford Motor; shares advance
Oct 9 (Reuters) - Liontown Resources LTR.AX said on Thursday it amended its loan and spodumene supply agreements with Ford Motor F.N, aiming to bolster near-term liquidity and gain more flexibility in marketing output as production ramps up at its Kathleen Valley lithium project in Western Australia...Reuters
Wed, Oct 8
Liontown amends loan and supply deals with Ford Motor to boost liquidity, cut offtake volumes
Oct 9 (Reuters) - Liontown Resources LTR.AX said on Thursday it amended its loan and spodumene supply agreements with Ford Motor F.N, aiming to bolster near-term liquidity and gain more flexibility in marketing output as production ramps up at its Kathleen Valley lithium project in Western Australia...Reuters
Wed, Oct 8
CIF/FOB Gulf Grain-Soy basis bids rise, traders eye US harvest and exports
CHICAGO, Oct 8 (Reuters) - Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals rose on Wednesday, traders said.October and November soy barges traded at 80 cents over Chicago Board of Trade November SX25 futures, traders said.CIF basis bids for October soybean barges rose 5 ce...Reuters
Wed, Oct 8
First Majestic Silver Corp Produces 7.7 Million Ageq Ounces In Q3 2025 Consisting Of A Record 3.9 Million Silver Ounces And 35,681 Gold Ounces
Oct 8 (Reuters) - First Majestic Silver Corp AG.TO:FIRST MAJESTIC SILVER CORP: PRODUCES 7.7 MILLION AGEQ OUNCES IN Q3 2025 CONSISTING OF A RECORD 3.9 MILLION SILVER OUNCES AND 35,681 GOLD OUNCESFIRST MAJESTIC SILVER CORP: TOTAL SILVER PRODUCTION IN QUARTER INCLUDED 1.4 MILLION OUNCES OF ATTRIBUTABLE...Reuters
Wed, Oct 8
FAA delays flights for third day as government shutdown continues
FAA faces staffing issues amid government shutdownControllers, TSA officers working without pay during shutdownFAA staffing cut by 50% in some areas since shutdown beganBy David Shepardson BALTIMORE, Oct 8 (Reuters) - The Federal Aviation Administration delayed flights for a third straight da...Reuters
Wed, Oct 8
Exxon Mobil Reports Process Unit Upset At Beaumont, Texas, Refinery
Oct 8 (Reuters) - EXXON MOBIL CORP XOM.N:•REPORTS A PROCESS UNIT UPSET OCCURRED AT ITS BEAUMONT, TEXAS, REFINERY •SAYS PROCESS STREAMS WERE ROUTED TO THE FLARES TO MINIMIZE EMISSIONS•SAYS NO OFFSITE IMPACTS WERE REPORTED•SAYS CO. EXPECTS TO MEET ALL CONTRACTUAL COMMITMENTSSOURCE: TEXAS COMMISSION ON...Reuters
Wed, Oct 8
LIVESTOCK-Feeder cattle hit record high on tight supply, strong cash prices
By Karl Plume CHICAGO, Oct 8 (Reuters) - Chicago Mercantile Exchange feeder cattle futures scaled to a record high on Wednesday on strong cash market prices and tight supplies as the U.S. border remains closed to Mexican imports due to the northward spread of the parasitic pest screwworm.Live cat...Reuters
Wed, Oct 8
CANADA-CRUDE-Discount on Western Canada Select narrows
Oct 8 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 narrowed again on Wednesday.WCS for November delivery in Hardisty, Alberta, settled at $10.50 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Tu...Reuters
Wed, Oct 8
APA curtails third-quarter US natgas, NGL production on weak prices
Oct 8 (Reuters) - Oil and gas firm APA Corp APA.O said on Wednesday it cut about 20 million of cubic feet per day (MMcfpd) of U.S. natural gas production and 1,400 barrels per day of U.S. natural gas liquids production in the third quarter due to weak prices.APA said net debt and free cash flow came...Reuters
Wed, Oct 8
US postpones Wyoming coal lease sale after disappointing Montana auction
Oct 8 (Reuters) - The Trump administration has postponed a scheduled sale of coal leases on federal lands in Wyoming two days after a disappointing auction in Montana, an Interior Department spokesperson said on Wednesday.The Bureau of Land Management, a division of Interior that manages 245 million...Reuters
Wed, Oct 8
APA curtails US natgas and NGL production in third quarter on weak prices
Oct 8 (Reuters) - Oil and gas firm APA Corp APA.O said on Wednesday it curtailed about 20 million of cubic feet per day (MMcfpd) of U.S. natural gas production and 1,400 barrels per day of U.S. natural gas liquids production in the third quarter in response to weak prices.Reuters
Wed, Oct 8
BMO's chief seeks clarity on trade in order to finance, advise on Canada nation-building projects
BMO is open to financing new projects, CEO says Carney focuses on nation-building projects to counter U.S. tariff Royal Bank CEO urges Canada to reduce project approval timelinesBy Nivedita Balu TORONTO, Oct 8 (Reuters) - Bank of Montreal BMO.TO is ready to finance Canadian infrastructure project...Reuters
Wed, Oct 8
Guyanese mining businessmen could be extradited to US, attorney general says
Extradition process established in cooperation framework between US, GuyanaAzruddin and Nazar Mohamed were indicted in a US court of conspiracy to commit fraud, money launderingUS Treasury imposed sanctions on the businessmen in 2024Party calls leaders to decide if Mohamed can lead oppositionBy Kemo...Reuters
Wed, Oct 8
US Plains HRW Wheat-Basis holds steady; protein premiums firm
CHICAGO, Oct 8 (Reuters) - Basis bids for hard red winter wheat held steady in the southern U.S. Plains on Wednesday while protein premiums firmed for a few grades, typically a reflection of demand from domestic flour millers.Cash wheat sales remained slow as K.C. HRW wheat futures hovered near life...Reuters
Wed, Oct 8
US Cash Crude-Grades steady as wide WTI/Brent spread offsets rising domestic supplies
Oct 8 (Reuters) - Domestic crude grades were broadly steady on Wednesday, dealers said, as firmer export demand helped offset a rise in domestic supplies. U.S. crude oil stockpiles rose last week, while gasoline and distillate inventories fell as demand jumped, the Energy Information Administratio...Reuters
Wed, Oct 8
EXCLUSIVE-Ford F-150 Lightning plant hit by aluminum fire-related shutdown, union official says
By Nora Eckert DETROIT, Oct 8 (Reuters) - Ford Motor F.N is pausing production next week at the Dearborn, Michigan, plant that makes its F-150 Lightning electric pickup, a change a union official at the plant says is related to a disastrous fire at a supplier's New York aluminum factory.The S...Reuters
Wed, Oct 8
Chevron expects Hess acquisition to outperform targets, CEO tells employees
Chevron's Hess acquisition enhances growth prospects with Guyana oilfield stakeChevron to host investor day on Nov. 12Chevron considers off-grid power solutions for data centersCEO stresses need for consistent safety practices after refinery fireBy Sheila Dang HOUSTON, Oct 8 (Reuters) - Chevr...Reuters
Wed, Oct 8
Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%
PANAMA CITY, Oct 8 (Reuters) - The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said in a statement on Wednesday.The canal also reported that vessel transits increased 19.3% year-on-year to 13,404 during...Reuters
Wed, Oct 8
ICE canola futures rise as harvest nears conclusion
WINNIPEG, Manitoba, Oct 8 (Reuters) - ICE canola futures rose on Wednesday as gains in soyoil and crude spilled over.• November canola RSX5 settled up $2 at $617 per metric ton. January RSF6 settled up $2.90 at $631. • The Canadian harvest is mostly done and present good weather should allow remaini...Reuters
Wed, Oct 8
GRAINS-Soybeans gain on lackluster harvest sales, lower yield outlook
By Karl Plume CHICAGO, Oct 8 (Reuters) - U.S. soybean futures rose for a second straight day on Wednesday on expectations that U.S. harvest yields will be lower than the latest government forecast and on limited sales by farmers awaiting news from U.S.-China trade talks and details of government ...Reuters
Wed, Oct 8
