Jacob Lorinc
@jacoblorinc
Followers
5K
Following
8K
Media
237
Statuses
3K
@business reporter covering mining and the global rush for critical minerals. [email protected]. 📩 💎 🇨🇦
Toronto, Ontario
Joined June 2009
A story I've been reporting for months is out now in @business. It's about the revival of uranium mining in the US, and the tensions it's creating in the American southwest.🧵 https://t.co/d57MMtfSZP
bloomberg.com
The world's re-embrace of nuclear power creates tensions in the US Southwest
1
5
16
"economic pressure from China’s army of smelters has been constant over the years & caused the US industry to downsize in the late 2000s and mid-2010s while demand for US copper dwindled. Now, demand is back—but the US capacity isn’t." https://t.co/f23R5vp6cb
bloomberg.com
The industry will need to overcome high energy and labor costs, environmental regulations and a glut of cheap Chinese competition to make US copper smelting great again.
1
18
52
In 25 years covering the oil market, I have never seen anything like this: OPEC has widened its media ban, this time excluding the WSJ, NYT, FT, Reuters and Bloomberg (including myself) from attending its biennial industry conference in Vienna. #OOTT
bloomberg.com
OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended by the group’s ministers and senior industry executives.
253
438
2K
The Toronto Maple Leafs were the only team to take the Florida Panthers to game seven this year.
2
0
3
"Today's not the day for a fiscal update," says Carney when asked by @jacoblorinc whether the government's still on track for a $62B deficit after this new $9B in spending. He seemed to suggest earlier that he'll help pay for this by shifting around money from other programs
2
2
7
Anglo American - a company which once dominated South Africa's economy - is now selling off it's last big mines in South Africa.
Valterra Platinum , the world's biggest platinum miner by value, made its trading debut on the Johannesburg bourse as a standalone unit on Wednesday, completing a spin-off from parent Anglo American. https://t.co/69cv8TfYhQ
1
3
9
Is it just me or is Aaron Gordon a dead-ringer for David Foster Wallace in this presser
Aaron Gordon: "I would really, really appreciate it if there were a couple of days in between games in the playoffs instead of every other day. The product of the game would be a lot better. You'll see a higher level of basketball. Probably less blowouts"
0
0
3
Come for @Max_Kerman's thoughts on the importance of public spaces and shared collective experiences, stay for his A+ approach to news consumption https://t.co/gtyRtK6N57
0
3
13
💔1: Impossible to read the news about Victoriia Roshchyna without feeling tremendous pain & anger. Her body returned from russian captivity in such horrific condition, damaged from starvation & torture, that several DNA tests had to be performed to confirm her identity.
361
6K
24K
Among the many many extraordinary turnarounds of fortunes to marvel at, no one saw a Down With Webster revival coming
29
261
4K
In Canada’s federal election, a generational divide has started to emerge. @rtkwrites, @jacoblorinc and I spoke to voters and wrote about how they’re thinking about who to vote for. https://t.co/qRjRLN0OAD
bloomberg.com
Giancarlo Zorrilla attended a campaign rally for the first time in his life in March. It was a rainy night near Vancouver — typical weather for Canada’s west coast — but that wasn’t stopping the...
0
1
1
BORDER TRADE WAR: Windsor, Ontario, just across the river from Detroit, is feeling the wrath of @realDonaldTrump 25% auto tariffs as @StellantisNA idled the Canadian city's Chrysler minivan plant. 'It feels like a direct attack on us' $STLA @jacoblorinc
https://t.co/5glf0aeE8U
bloomberg.com
Worry grips Windsor, Ontario, as the city’s massive Stellantis plant temporarily shuts its doors.
1
1
3
As a basic rule it’s never a good sign when financial journalists in Washington are up late on a Sunday night watching Asian markets…
4
17
54
Trump, talking about his call with Canada's Carney: "We had a very good conversation," he says. "We have liberation day [tariffs], as you know, on April 2nd, because, and I'm not referring to Canada, many countries have taken advantage of us." "We're going to end up with a
2
11
28
I recently got a subscription to the Atlantic. Its is a great magazine.
398
201
3K
Canadian Prime Minister Mark Carney said new US tariffs on cars and light trucks are a "direct attack" on workers in the auto sector as he prepared to return to Ottawa to plan the government’s response https://t.co/MjVJKNcmyH via @economics @btaplatt @jacoblorinc @ErikHertzberg
bloomberg.com
Mark Carney said new US tariffs on cars and light trucks are a “direct attack” on workers in Canada’s auto sector, as he faces what will be his first major trade war decision since becoming prime...
0
3
2
NEW: Details of the Trump auto tariffs: * It applies to light vehicles AND some auto parts as well, including imported engines, transmissions, powertrain parts, and electrical components, per an administration statement * The tariff on autos shipped USMCA will apply only to the
29
108
227