AGP Executive Report
Last update: 2 hours agoIndustrial Investment: Phoenix Tailings plans a $375 million rare-earth processing plant in Rochester, with operations expected to begin in 2027. The facility aims to produce 18,000 tons annually in a market dominated by China. Aviation Outlook: Honeywell forecasts 9,950 new business-jet deliveries over the next decade, up 4.4% from last year, as most operators expect to fly as much or more in 2027. Corporate Watch: Zip named Rory Herriman interim CEO of its U.S. division after Joe Heck resigned. The leadership change comes just before results, and the division generates most of the group’s cash earnings. Investment Climate: Alberta’s vote to remain in Canada eased investor uncertainty, business leaders said. In Argentina, the number of companies has fallen to its lowest since 2007, with 32,290 firms lost since Javier Milei took office amid weak demand and high costs. Chip Demand: Reuters reports Chinese companies ordered more than 3 million Nvidia Blackwell chips, worth a reported $35 billion, though export rules remain a key factor.
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