Final Thoughts
January 22, 2026
Written by Greg Wittbecker
The US government announced a $150 million equity investment in Gramercy, La.-based Atlantic Alumina. Supporters of the deal say this will provide a vital financial injection for the only remaining alumina refinery in the US.
As has been often the case of late, the investment was justified based on national security. That line is starting to be a little worn out, isn’t it?
The shipment was part of an offtake agreement between private investment group Heeney Capital, Mercuria Energy Group and the Venezuelan government.
Stellantis’ Etobicoke Casting Plant faces uncertain production commitments and potential operational disruption as Unifor prepares strike authorization votes.
Commercial vehicle orders have surged in 2026, but policy-driven timing may be making the market look stronger than current production and supplier sales.
The Midwest premium could slip if Canada reroutes primary back to the US. But the balance in supply would still be coming from other countries, likely the Persian Gulf.
Canada and the EU. Russian sanctions. China talks.
