June 16, 2026 - Today's Industrial Market News from Industrialinfo.com

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Industrial Info Resources - Industry News Podcast 2 min 1 speaker 4 chapters transcribed 1 month ago
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What new wind power capacity is coming online in New Mexico and why does it matter?

Christine Ramos 0:11
This is the world industrial news for Tuesday, June 16. Brought to you by Industrial Info Resources of Sugar Land, Texas. With slightly more than 3.6 gigawatts of power coming online later this month, the Sunsea Wind Farm in New Mexico will have more power capacity than the next two largest wind farms combined, the U.S. Department of Energy said.

How is the Apex One Battery Materials recycling plant in Kentucky changing ownership?

Christine Ramos 0:33
Industrial Info Resources is tracking the $2 billion project from Pattern Energy Group, which is leading the development. Ascending elements under construction, Apex One Battery Materials recycling plant in Kentucky will be sold to Turner-Cocosing Joint Venture, or TKJV, a partnership between Turner Construction and Cocosing Industrial that was building the plant. A Texas bankruptcy court approved TKJV's $31.7 million bid for the facility on June 4. European steel exports to the U.S.

Why have European steel exports to the U.S. dropped by more than a third?

Christine Ramos 1:07
over the past year have dropped by more than a third due to 50% tariff imposed by U.S. President Donald Trump in 2025. The latest figures from the European Steel Association show that steel exports to the U.S. fell by 34% year-on-year over the three quarters following the introduction of last year's tariffs.

What is Morocco’s $16 billion plan to add 16 GW of renewable energy by 2031?

Christine Ramos 1:28
Morocco is set to significantly accelerate its energy transition through a planned investment of approximately $16 billion aimed at adding nearly 16 gigawatts of renewable energy capacity over the next five years. Announced by the Minister of Energy Transition and Sustainable Development during the Paris Peace Forum 2026, the initiative represents one of the largest renewable energy expansion programs currently underway in Africa. For details on these and other breaking news, read the full stories at industrialinfo.com. I'm Christine Ramos, reporting for Industrial Info News.

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