Shares of industrial metals-related companies are trading higher after President Trump's amendments to decrease certain U.S. tariffs on imported aluminum, copper and steel products.

Canada Fires Back At Trump: Up to 50% Tariffs on $20 Billion of US Goods

Canada hit back at Trump with tariffs of up to 50% on $20B of U.S. goods, escalating the trade war ahead of Sept. 8.

Alcoa Breaks Ground For Its Gallium Production Plant Co-Located At The Wagerup Alumina Refinery In Western Australia

Shares of aluminum-related companies are trading higher as investors expect that the U.S. and Canada will fail to reach a trade agreement ahead of Saturday's deadline. The inability to reach an agreement could expose Canada to a 50% tariff on several key exports, which may benefit U.S.-based producers.

Shares of steel and aluminum-related companies are trading lower amid expectations for progress on a U.S.-Canada trade agreement before the weekend. A trade framework may lessen investor interest in finished metals producers that would have benefitted from domestic U.S. production under continued tariffs.

Shares of critical metal companies are trading higher, possibly after the U.S. DOE recently selected seven projects to expand critical mineral and material processing, battery manufacturing and recycling capacity. This third round of funding aligns with President Trump's 'Unleashing American Energy' executive order that benefits critical metal and non-fuel mineral producers and processors.

8-K filing — AMERICAN BATTERY TECHNOLOGY Co (ABAT)

Filed: 2026-08-20 AccNo: 0001493152-26-039500 Size: 295 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits