Market Vectors® Rare EarthStrat Mtls ETF
Trump Ponders Buying Greenland: A Trade War Tie-In?
Trump has pondered the idea of buying Greenland since 2018. However, his timing for making it public is significant and relates to the trade war with China.
What’s behind Plunge in China’s Rare Earth Exports in May?
China produces about 95% of the world’s rare earth minerals.
Rare Earth Stocks Are Rising Due to Chinese Export Threat
China has a dominant position as a rare earth producer. China produces about 95% of the world’s rare earth minerals.
China’s Rare Earths Export Ban Could Lead to Major Escalation
On May 29, Ray Dalio said in a LinkedIn post that cutting off supplies to Huawei appears to be a step by the US in “weaponizing export controls.”
Rare Earth Stocks Pop: Could US Tech Companies Pay the Price?
China has offered a veiled threat at most regarding retaliating against US tariffs through restricting rare earth metal exports.
Tech & Comm Services
China Could Use Rare Earth Exports as Ammo against US Tech
A restriction on rare earth exports from China could be detrimental to US technology companies.
Tronox Seeks Permission to Present Its Divestiture Plans
On December 4, Tronox (TROX) announced that it filed a motion seeking permission to present the proposed divestitures to the FTC.
Tronox’s Quarterly Dividend and Stock Price Update
On August 15, Tronox (TROX) announced its latest quarterly dividend of $0.045 per share. Tronox set the record date as August 27.
A Look at the Credit Quality of Floating Rate Notes
The index maintains near-zero duration and offers a higher yield compared to its counterparts.
Tronox Plans to Raise $615 Million through Senior Notes
On March 27, 2018, Tronox (TROX) announced that it completed the pricing of $615 million in senior notes with a coupon rate of 6.5%.
Tronox to Exit Non-Core Business, Sells Electrolytic Operations
Tronox’s stock price declined 6.2% and closed at $18.23. As a result, the stock traded 15.7% lower than the 100-day moving average price of $21.62.
Tronox Extends Acquisition Agreement with Cristal
On March 1, 2018, Tronox (TROX) announced that it agreed to extend the deadline related to the acquisition of Cristal’s titanium dioxide business.
Tronox Appoints Quinn as New Chief Executive Officer
On November 16, 2017, Tronox (TROX) appointed Jeffry N. Quinn as its new president and CEO (chief executive officer), effective December 1, 2017.
Tronox Redeems $900 Million in Senior Notes
On September 25, Tronox announced that it had redeemed its remaining outstanding balance of $900 million, carrying a coupon rate of ~6.4% senior notes due 2020.
Tronox Completes $450 Million Senior Notes Offering
On September 22, 2017, Tronox (TROX) announced that it has completed its $450.0 million offering of senior notes due in 2025.
Tronox Will Raise $450 Million through Senior Notes
On September 14, 2017, Tronox (TROX) announced that it will raise $450 million through senior notes. The notes will mature in 2025.
Tronox Completes the Sale of Alkali Chemicals Business
On September 1, 2017, Tronox (TROX) announced that it had completed the previously announced sale of its alkali chemicals business to Genesis Energy (GEL).
Tronox Will Sell Its Alkali Chemicals Business
On August 2, 2017, Tronox (TROX) announced that it entered into a definitive agreement with Genesis Energy LP (GEL) to sell its alkali chemicals business.
Company & Industry Overviews
Tronox Hikes Soda Ash Price with Immediate Effect
On July 5, 2017, Tronox (TROX) announced that it’s increasing the price of soda ash by $6 per short ton, applicable to bulk and packaged products.
Tronox Increases Prices across All Its Titanium Dioxide Grades
On December 8, 2016, Tronox announced price rises for all of its titanium dioxide grades. The rise in titanium dioxide prices will be effective on January 1, 2017.