Joe Deaux, Bloomberg

Joe Deaux

Bloomberg

New York, NY, United States

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Recent:
  • Bloomberg
Past:
  • Washington Post
  • Cashay
  • bloomberglaw.com
  • BQ Prime
  • Inside Scoop SF

Recent articles by Joe:

How China Dominates the Elements of a Greener Economy

A graphic look at the commodities that will underpin the transition to renewables. → Read More

How a Battery Metals Squeeze Puts EV Future at Risk

The world’s epic shift into electric vehicles needs to overcome a major obstacle: how to meet rocketing demand for batteries, the vital component, while cutting the cost to help the cars go mainstream. Factory lines churning out power packs to fuel a clean energy future are being built faster than strained supply chains can keep up. A global rush to lock in stocks of lithium, nickel, cobalt and… → Read More

How a Battery Metals Squeeze Puts EV Future at Risk

The world’s epic shift into electric vehicles needs to overcome a major obstacle: how to meet rocketing demand for batteries, the vital component, while cutting the cost to help the cars go mainstream. Factory lines churning out power packs to fuel a clean energy future are being built faster than strained supply chains can keep up. A global rush to lock in stocks of lithium, nickel, cobalt and… → Read More

Tariff Fight Paralyzing US Solar Threatens American Steelmakers

(Bloomberg) -- For decades, American steelmakers have enjoyed a reliable shield against foreign competitors: US trade policy. Now they say that very... → Read More

Nucor Slides After Announcing Door Maker Acqusition From KKR

Shares of Nucor Corp. fell to a three-month low after the company said it will buy a garage doors maker from KKR & Co. in a deal valued at $3 billion. → Read More

U.S. Steel Bets on a New Technology—and the South—to Survive

Unlike the company’s other operations, its new “mini” mills in Arkansas and Alabama can produce more metal with fewer, nonunion workers. → Read More

World Taps Canada for Potash, Uranium as War Roils Markets

Buyers scrambling for supplies of potash and uranium are looking to Canada to fill gaps caused by the war in Ukraine. The northern nation has been approached by those seeking potash and uranium, said Canada’s Natural Resources Minister Jonathan Wilkinson. The country is one of the world’s main sources of the two commodities and buyers are anxious to secure supplies after Russia’s invasion of… → Read More

Deere Climbs as End of Monthlong Strike Eases Sales Concern

Deere & Co. shares climbed the most in two weeks with the end of a monthlong strike at its U.S. plants easing concern about the company’s ability to supply farmers with equipment. → Read More

Deere’s Monthlong Strike Ends With Workers Approving New Deal

Deere & Co. union workers ratified a new labor contract with the company Wednesday to return to plants across the U.S., putting an end to their first strike since 1986. → Read More

Alcoa Pledges Low Carbon Emissions for Future Aluminum Mills

Alcoa Corp., which traces its history to the discovery of the traditional, carbon-intensive aluminum-making process, will now only build low-emission mills. The Pittsburgh-based producer said any new mills will be built using its Elysis technology, and it also will focus on a proprietary new process that turns low-quality scrap aluminum into high-purity metal used in fighter jets. The company… → Read More

Deere Union Workers Reject Labor Agreement, Extending Strike

(Bloomberg) -- Members of the United Auto Workers union rejected a deal with Deere & Co., extending a nearly three-week-long strike and illustrating the... → Read More

The U.S. Steel Sector Would Be Booming Even Without Trump’s Tariffs

Biden’s White House is weighing whether to peel back some protections to placate European allies and ease cost pressures on key industries like autos. → Read More

Deere Falls With Supply-Chain Challenges Worsening Into 2022

Shares of Deere & Co., the largest maker of agricultural machinery, fell as much as 4% amid concerns that rising costs and supply chain snags will intensify going into next year. → Read More

With a Push From Apple, Rival Aluminum Makers Team Up Against CO2

Alcoa and Rio Tinto have developed a way to clean up one of the dirtiest metal-processing methods. → Read More

Why Rare Earths May Leave Europe and U.S. Vulnerable

Rare earths are among the most critical raw materials on the planet, yet few people can name them or know what they do. They are used to make so-called permanent magnets that create a field for motors to run in perpetuity. These are in everything from lithium-ion batteries to electric vehicles, wind turbines and missile guidance systems. They’re fundamental as they help transfer energy into… → Read More

Alcoa Slides Most Since June on Weaker Aluminum Outlook

(Bloomberg) -- Alcoa Corp. posted a smaller-than-expected loss in the third quarter, helped by a recovery in aluminum prices and demand as global economies mend from coronavirus shutdowns. The biggest U.S. aluminum maker posted an adjusted loss $1.17 a share, compared with the $1. → Read More

Lawmakers Seek to Curb U.S. Reliance on China for Rare Earths

U.S. House lawmakers introduced a bipartisan bill aimed at reducing dependence on China for rare earths used in everything from electric vehicles to missiles to wind turbines. → Read More

U.S. Set to Announce Aluminum Tariffs on Canada by End of Week

(Bloomberg) -- The Trump administration is considering re-imposing tariffs on aluminum imports from Canada and an announcement could come by the end of the week, according to people familiar with the matter.If Canada refuses to impose export restrictions on aluminum, the U.S. will announce Friday the → Read More

While Washington Dithers, States Put Infrastructure Spending on Ice

With no federal aid in sight, local governments are canceling construction projects. → Read More

Layoffs Start Turning From Temporary to Permanent Across America

Even as they hope for a speedy recovery, companies plan for a slow one. → Read More