Soaring Tungsten Adds Impetus to Vietnam Mine Sale Effort

(Bloomberg) — Some 80 kilometers (50 miles) north of Hanoi, in Thai Nguyen province, a massive open-cut mine tears into the landscape. Ringed by dense, green hills, the vast, stepped crater is raw gray and brown. Along its sides, huge trucks creep along, while a murky pool lies stagnant at the bottom. Read More

Greek, Indian Tankers U-Turn Before Hormuz Amid Reopening Doubt

(Bloomberg) — Several oil tankers have u-turned in the Persian Gulf after appearing to try to transit the Strait of Hormuz, as shipowners and oil traders remain in a state of disarray as they try to figure out whether Iran would stick to its promise to keep the chokepoint open for all. Read More

Philip Morris International Announces U.S. FDA Reauthorization of IQOS as a Modified Risk Tobacco Product

STAMFORD, CT — The U.S. Food and Drug Administration (FDA) announced that it has authorized the renewal of modified risk tobacco product (MRTP) orders previously granted to PMI for two versions of the IQOS device and three variants of the tobacco consumables, commercialized under the HEETS brand. This renewal allows PMI to continue sharing reduced-exposure information with U.S. adults 21+ who use traditional tobacco products, such as combustible cigarettes. Read More