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Jacob Lorinc

@jacoblorinc.bsky.social
2.4K followers 168 following 16 posts

Bloomberg News reporter covering mining and the global rush for critical minerals. jlorinc@bloomberg.net. 📩 💎

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Reposted by Jacob Lorinc
Johanne Boucher @johanneboucher.bsky.social · 22/02/2025
Very informative CBC Podcast: Is Trump Coming for Canada’s Critical Minerals? With @jacoblorinc.bsky.social www.cbc.ca/listen/cbc-p...
cbc.ca
Is Trump coming for Canada’s critical minerals? | Front Burner | CBC Podcasts | CBC Listen
It can be hard to truly understand the motivations behind Donald Trump and his administration. But when looking at some of the countries that have found themselves in his crosshairs, there’s a through...
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Reposted by Jacob Lorinc
Brian Platt @brianplatt.bsky.social · 03/02/2025
The leader of Ontario, Canada’s largest province: “We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy.”
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Brian Platt @brianplatt.bsky.social · 02/02/2025
Trudeau announces Canada plans a massive retaliation package of 25% tariffs against $155 billion of US imports. To start, tariffs on $30 billion of US imports to take effect Tuesday. Tariffs on another $125 billion in 21 days. (Figures in CAD)
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Jacob Lorinc @jacoblorinc.bsky.social · 01/02/2025
Tariffs on steel and aluminum are all but certain to push up costs: Steel imports account for about 13% of US demand, per US trade data, with most foreign imports coming from Canada, Mexico, Brazil. Aluminum imports account for 44% of US demand. And Canada is by far the largest importer. 🏭
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Scott Lincicome @scottlincicome.bsky.social · 01/02/2025
"Why are tariffs on Canada and Mexico different than (some) other tariffs? Consider this graph courtesy of Bloomberg via Torsten Slok" (but actually from me & @AlfredCObregon) buff.ly/42xOkvp
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Jacob Lorinc @jacoblorinc.bsky.social · 01/02/2025
Tariffs on steel and aluminum are all but certain to push up costs: Steel imports account for about 13% of US demand, per US trade data, with most foreign imports coming from Canada, Mexico, Brazil. Aluminum imports account for 44% of US demand. And Canada is by far the largest importer. 🏭
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Jacob Lorinc @jacoblorinc.bsky.social · 29/01/2025
Trump's pick for commerce secretary hones in on Canada's dairy industry in today's confirmation meeting — foreshadowing to trade negotiations:
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Reposted by Jacob Lorinc
Derek DeCloet @decloet.bsky.social · 22/01/2025
A reversal: Chrystia Freeland won't go ahead with the capital gains tax increase if she wins the Liberal Party leadership and becomes prime minister, sources say. Our story here: www.bloomberg.com/news/article...
bloomberg.com
Freeland to Scrap Canada’s Capital Gains Hike If She’s Elected
Chrystia Freeland would drop the Canadian government’s policy of raising the capital gains inclusion rate if she wins the race to replace Justin Trudeau as prime minister, according to a person with k...
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Reposted by Jacob Lorinc
Zoë Schiffer @zoeschiffer.bsky.social · 22/01/2025
“As the election drew closer, more politicians and pundits were invited onto the podcasts and livestreams...By the time Trump made the rounds on the shows, the audience was primed to take action in the election.” www.bloomberg.com/graphics/202...
bloomberg.com
How Popular YouTubers Pushed Young Male Voters Toward Trump
How podcasters like Joe Rogan and Logan Paul turned young men, a once apolitical demographic, into a massively powerful voting bloc
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Rory Johnston @roryjohnston.bsky.social · 21/01/2025
🤯 HUGE Vibe shifting so fast, grab on now—gonna be a wild ride. “President of the Union of BC Indian Chiefs is reversing his previous opposition to the scrapped Northern Gateway pipeline … to the Pacific Ocean.” “if we don't build that kind of infrastructure, Trump will”
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Kevin Orland @kevinorland.bsky.social · 20/01/2025
Trump is going to do lots of stuff today, but it doesn't look like hitting Canada with tariffs is going to be one of them. This is a big, if possibly temporary, reprieve for Canada's oil sector. Producers shares are up today, even as crude is down. www.bloomberg.com/news/article...
bloomberg.com
Trump to Hold Off on Immediate China-Targeted Tariffs
President-elect Donald Trump will not unveil China-specific tariffs on his first day in office, as the incoming administration starts with potential engagement with Beijing rather than another trade w...
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Jacob Lorinc @jacoblorinc.bsky.social · 20/01/2025
The loonie pops on reports that Trump is, for now, holding off on immediate orders for tariffs.
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Jacob Lorinc @jacoblorinc.bsky.social · 08/01/2025
Nothing is off the table when it comes to potential Canadian trade retaliation, including export taxes, Canada's Natural Resources Minister Jonathan Wilkinson tells @brianplatt.bsky.social in an interview today. Canada is already weighing export taxes on oil and uranium if Trump imposes tariffs.
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Reposted by Jacob Lorinc
ornamentalseashell @ornamentalseashell.bsky.social · 02/01/2025
"The owner of America's only cobalt mine is delisting its shares & going private after the price of the battery metal collapsed. "A testament to the challenges of loosening China's grip on these metals." -- @jacoblorinc.bsky.social
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Derek DeCloet @decloet.bsky.social · 12/12/2024
Canada is examining the use of export taxes on major commodities it exports to the US — including uranium and oil — if Trump carries out his threat to impose broad tariffs. The move would drive up costs for American consumers. Story by @brianplatt.bsky.social www.bloomberg.com/news/article...
bloomberg.com
Canada Weighs Export Taxes on Uranium, Oil If Trump Starts Trade War
Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming President Donald Trump carries out his threat to impose broad ta...
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Jacob Lorinc @jacoblorinc.bsky.social · 09/12/2024
Scoop: Newmont, the biggest gold mining company, has let go of nearly a dozen senior managers in a major corporate overhaul. The firm posted lousy earnings in October that saw shares plummet despite the surging price of gold. www.bloomberg.com/news/article...
bloomberg.com
Newmont Cuts Management Jobs in Major Corporate Restructuring
Newmont Corp. let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping corporate overhaul, according to people familiar with the matter.
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Jacob Lorinc @jacoblorinc.bsky.social · 05/12/2024
(Bloomberg) -- Mali’s military-controlled government has issued an arrest warrant for money laundering against Canada's Barrick Gold CEO Mark Bristow amid an escalating dispute over mine revenues.
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Jacob Lorinc @jacoblorinc.bsky.social · 04/12/2024
Evidence of my business reporter credentials
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Reposted by Jacob Lorinc
Thomas Seal @twseal.bsky.social · 03/12/2024
New Chinese mineral export controls prompt Canadian miners to promote their importance to the US, as Trump threatens tariffs * More than half of Canada's $57b mineral exports in 2022 were destined for the US * Teck looking to boost output of germanium, which has hi-tech security applications
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Derek DeCloet @decloet.bsky.social · 03/12/2024
Canadian miners are pushing back on Trump's tariff proposal, arguing that China’s move to ban exports of rare metals to the US underscores the need for trade cooperation between the North American neighbors. Story by @jacoblorinc.bsky.social www.bloomberg.com/news/article...
bloomberg.com
Canada Mining Group Uses China Ban to Push Back on Trump Tariffs
China’s move to ban exports of rare metals to the US underscores the need for trade cooperation between mineral-rich Canada and its southern neighbor.
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Jacob Lorinc @jacoblorinc.bsky.social · 03/12/2024
China bans exports of rare-but-crucial metals like germanium and gallium to the US (used in tech & military defense). All this material will become even harder for the US to access should it impose tariffs on Canada, the other big producer of metal like germanium. www.bloomberg.com/news/article...
bloomberg.com
China Dials Up US Trade Tension With Tit-for-Tat Metals Ban
China ratcheted up trade tensions with the US with a ban on several materials with high-tech and military applications, in a tit-for-tat move after President Joe Biden’s government escalated technolog...
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Reposted by Jacob Lorinc
Shawn Donnan @sdonnan.bsky.social · 02/12/2024
What Donald Trump’s tariff promises might really turn out to be in delivery. My @bloomberglp.bsky.social colleagues and I came up with a plausible scenario: www.bloomberg.com/news/feature...
bloomberg.com
A Roadmap Through the Drama and Realities of Trump’s Trade War
Trump’s tariffs could go in many different directions. Understanding the strategy from his first term, and the priorities of his new team, reveals a potential path ahead.
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Tim O’Brien @timobrien.bsky.social · 29/11/2024
Trump, while campaigning, swore he had “nothing to do with” the right-wing policy blueprint, Project 2025. Now architects of the plan are overseeing key issues for him, including the federal budget, intelligence gathering and his promised plans for mass deportations. www.nytimes.com/2024/11/29/u...
nytimes.com
Trump Disavowed Project 2025 During the Campaign. Not Anymore.
President-elect Donald J. Trump has filled his administration with people who have ties to the right-wing manifesto.
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Jacob Lorinc @jacoblorinc.bsky.social · 26/11/2024
Canada's exports to the US. Safe to expect the price at the pumps to rise with sky-high tariffs:
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Mathieu Dion @mathieudion.bsky.social · 26/11/2024
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Jacob Lorinc @jacoblorinc.bsky.social · 21/11/2024
My bluesky newsfeed is almost exclusively comprised of book recommendations, energy policy nerdom, and reliable reporting......sheer bliss
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Brian Eckhouse @brianreports.bsky.social · 16/11/2024
A new Gold Rush is taking shape on a quiet stretch of Kansas prairie. There, a clutch of startups are searching below the surface for naturally occurring hydrogen. The hunt is clean energy wildcatting, with a real possibility of failure. By @michellema.bsky.social www.bloomberg.com/news/feature...
bloomberg.com
Hydrogen Wildcatters Are Betting Big on Kansas to Strike It Rich
A growing number of startups are searching for geologic hydrogen from the US Midwest to Australia and hoping for a “Spindletop moment.”
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Reposted by Jacob Lorinc
Derek DeCloet @decloet.bsky.social · 19/11/2024
Here's a starter pack for the Bloomberg News team in Canada. Please give them a follow, thanks! go.bsky.app/GM4xQd8
go.bsky.app
Bloomberg Canada reporters
Join the conversation
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Jacob Lorinc @jacoblorinc.bsky.social · 19/11/2024
Whenever I write a longer story, I have this banger of an OST playing in the background. Or the Challengers OST (same guys). Anyone have other suggestions?
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Reposted by Jacob Lorinc
Bloomberg News @bloomberg.com · 12/11/2024
More Bloomberg News reporters and editors have been added to our starter pack of Bloomberg News journalists. We hope you <GO> and follow them!
go.bsky.app
Bloomberg News reporters
Join the conversation
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Jacob Lorinc @jacoblorinc.bsky.social · 18/11/2024
Helpful (and growing) starter pack here from @sostheneung.bsky.social to find and follow those in & around the critical minerals, mining and energy transition sectors: go.bsky.app/VWPWrCX
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Jolson Lim @jolsonlim.bsky.social · 17/11/2024
Bluesky will fully win me over when it adds a bookmarking option.
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Jacob Lorinc @jacoblorinc.bsky.social · 12/11/2024
Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold. Story: www.bloomberg.com/news/article...
bloomberg.com
Barrick Falls Behind Rivals as No. 2 Miner Misses Boost From Bullion Boom
Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold Corp.
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