The Metals is trading 5.33% down at $2.67 amid investor concerns over U.S. permitting, government support for a proposed processing facility, and litigation.
- The CEO said the permit process was taking longer than expected.
- NOAA held an October 13 public hearing on the USA-A application; comments are open through October 19, and no permit decision was announced.
- The Nasdaq and S&P 500 are lower, possibly adding pressure; available reporting does not directly link the October 14 decline to the hearing.