This article was written by

Follow

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GLOBAL X LITHIUM ETF (LIT), CONTEMPORARY AMPEREX TECHNOLOGY CO [HK:3750], ASX:RIO, ALB, GANFENG LITHIUM GROUP [SHE:002460], ASX:PLS, ZIJIN MINING GROUP [SHA:601899], TSX:LAC, TSX:LAR, ASX:CXO, ASX:GL1, ASX:EUR, GALAN LITHIUM [ASX:GLN], PMET RESOURCES [TSX:PMET], PATRIOT RESOURCES [ASX:PAT], ARGENTINA LITHIUM & ENERGY [TSXV:LIT], SIGMA LITHIUM [TSXV:SGML], LITHIUM IONIC CORP. [TSXV:LTH], ATLAS LITHIUM (ATLX), COSMOS EXPLORATION [ASX:C1X], MEGADO MINERALS [ASX:MEG], OMNIA METALS GROUP [ASX:OM1] either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This article is for ‘information purposes only’ and should not be considered as any type of advice or recommendation. Readers should “Do Your Own Research” (“DYOR”) and all decisions are your own. See also Seeking Alpha Terms of Use of which all site users have agreed to follow. https://about.seekingalpha.com/terms

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

A recall has been issued for nearly 6,000 pounds of a frozen meatloaf and mashed potato product over an undeclared soy allergen, according to the Department of Agriculture’s Food Safety and Inspection Service (FSIS).

North Dakota-based Power Plate Meals, LLC recalled about 5,795 pounds of its frozen Meatloaf with Garlic Mashed Potatoes products because of a misbranding and an undeclared allergen, FSIS said in its announcement last week.

The food item contains soy, while the packaging does not state that it contains the ingredient.

The affected items are 13.3-oz. vacuum sealed plastic tray packages labeled as Power Plate Meals Meatloaf with Garlic Mashed Potatoes with use-by dates between June 25, 2026, and June 10, 2027.

500K PACKAGES OF MACARONI AND CHEESE SOLD AT ALDI RECALLED OVER UNDECLARED SOY LECITHIN

A recall was issued for nearly 6,000 pounds of a frozen meatloaf and mashed potato product over an undeclared soy allergen. (U.S. Department of Agriculture’s Food Safety and Inspection Service)

The recalled products were produced between June 25, 2025, and June 10, 2026.

The impacted products were shipped to distributors in Minnesota, North Dakota and South Dakota.

Items subjected to the recall include establishment number “217SEND” inside the USDA mark of inspection.

The problem was discovered when a state inspector notified FSIS that the final label did not display soy in the ingredients list.

The problem was discovered when a state inspector notified FSIS that the final label did not display soy in the ingredients list. (Getty Images / Fox News)

FSIS said there have been no confirmed reports of adverse reactions due to consumption of these meal products.

Anyone concerned about a reaction to the recalled items is urged to contact a healthcare provider.

Customers should not consume the frozen meals and either throw them away or return them to the place of purchase.

MORNINGSTAR FARMS RECALLS FOOD SOLD NATIONWIDE AFTER PLASTIC PIECES FOUND IN SELECT PRODUCTS

FSIS said there have been no confirmed reports of adverse reactions due to consumption of these meal products. (Getty Images / Getty Images)

The frozen food product includes a ground beef meatloaf covered in barbecue sauce and served with mashed potatoes, broccoli and cauliflower.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The recall is classified as a Class II recall, meaning that it “involves a health hazard situation where there is a remote probability of adverse health consequences from use of the product,” according to the FSIS website.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Elon Musk is no longer worth more than $1 trillion, less than two weeks after becoming the first person to reach the milestone.

Musk’s net worth was valued at $946 billion as of Wednesday, according to the Bloomberg Billionaires Index. That is down from about $1.11 trillion less than 14 days earlier.

The drop came after shares of SpaceX and Tesla fell during a broader tech sell-off. Investors have become more cautious about the long-term profitability of artificial intelligence.

Musk remains the world’s richest person by a wide margin. As of Wednesday, Larry Page ranked second at $296 billion, followed by Sergey Brin at $275 billion, Jeff Bezos at $257 billion and Michael Dell at $223 billion, according to the Bloomberg Billionaires Index.

SPACEX MAKES HISTORIC DEBUT; MUSK SOLIDIFIES STATUS AS WORLD’S FIRST TRILLIONAIRE

Musk remains the world’s richest person by a wide margin. (Robin Legrand/AFP via Getty Images)

SpaceX priced its IPO at $135 per share and began trading at $150 on June 12. The debut helped push Musk’s net worth above $1 trillion.

At the IPO price, the listing valued SpaceX at more than $1.77 trillion. Musk owned about 42% of the company, and his SpaceX stake, combined with his Tesla holdings and other assets, put his net worth at more than $1 trillion.

MUSK’S SPACEX SURGES PAST AMAZON IN MARKET CAP AFTER HISTORIC IPO DEBUT

Bret Johnsen, chief financial officer of SpaceX, center left, and Gwynne Shotwell, president of SpaceX, center, during the company’s IPO at the Nasdaq MarketSite in New York, on June 12, 2026 (Michael Nagle/Bloomberg via Getty Images)

SpaceX shares later rose as high as $225.64 on June 16. That lifted Musk’s net worth to about $1.32 trillion.

But the gains did not last. SpaceX shares fell more than 30% from their June peak during the tech sell-off. On June 22, the stock dropped 16%, wiping about $240 billion from Musk’s fortune.

Tesla shares fell nearly 6% the next day, adding to the loss.

SPACEX SET A NEW RECORD FOR IPOS: THESE ARE THE WORLD’S 5 LARGEST

A Tesla Cybertruck drives past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on June 8, 2026. (AFP via Getty Images)

Founded by Musk in 2002, SpaceX has grown into the world’s largest space company and a dominant force in commercial launch services. 

The company pioneered reusable rocket technology, helping lower launch costs and reshape the economics of the space industry. It has also become a key contractor for NASA and the U.S. government through civil and national security missions.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

FOX Business’ Bradford Betz and Eric Revell contributed to this report.

In 2003, a United Nations-backed international diamond certification scheme, the Kimberley Process,, external was launched in order to prevent conflict stones from entering the mainstream diamond market. But the industry has struggled to contain the reputational damage.

“To me the diamonds have failed us,” says Abubakar Amara, a primary school teacher in Kono. “What have those diamonds done for our community, for Kono, for Sierra Leone? We are considered as poor in the world.”

The British multinational, De Beers, which specialises in the mining and marketing of diamonds, is eager to change the narrative. In Sierra Leone, it’s launched a project called Gemfair,, external where local artisanal miners are offered equipment, training, and more transparent pricing for their finds. You might call it a kind of fairtrade scheme for diamonds.

“The idea is to connect with markets so that they can be able to find a place to sell their diamonds, and also to empower them, give them training, we give them skills,” says Raymond Alpha, Gemfair’s local representative.

But for De Beers, perhaps its most important function is reputational, allowing retailers to tell the origin story of every diamond they sell.

“We are seeing a growing interest from consumers,” says David Johnson, a De Beers representative. “With people increasingly wanting to know where their coffee, cotton or chocolate has come from, it’s not surprising that people also want to know where their diamond – one of the most emotionally significant purchases – has come from.”

While this increased traceability could win mined diamonds more customers, others say that the lab-grown alternatives are only going to continue to grow in popularity.

Rohit Mehta, chief executive of Forlink Ventures, a commodities house based in India’s lab-grown diamond capital, Surat, says these diamonds are not just cheaper, but also more ethical and better for the environment.

“People are more conscious about climate change, about extracting too much from the earth,” he says.

But the argument that lab-grown diamonds are “green” doesn’t sit well with everyone. Unlike natural diamonds, the lab-grown variety are hugely energy-intensive, requiring vast amounts of electricity to produce a single rough carat.

“These reactors run at the temperature of the sun,” says Stanley Mathuram, a US-based environmental consultant who’s studied the growth of the lab-grown diamond industry. “They’re like data centres. That’s the kind of energy that they require.”

A Texas woman is suing Tesla and a driver for at least $1m (£759,000) in damages after one of the electric vehicles crashed into her family home, killing her mother

Jennifer Barbour filed her lawsuit in a local court on Tuesday, just days after her 76-year-old mother Martha Avila died from injuries she sustained after a Tesla Model 3 sped into their shared home.

The Tesla driver told police that he was using the car’s autonomous or “full self-driving” technology at the time of the crash.

In the lawsuit Barbour accuses Elon Musk’s electric vehicle company of defective design and negligence by promoting technology that is unsafe, while Musk on social media denied the technology was to blame.

Tesla was approached for comment.

Musk took to X, the social media platform he owns, to refute the idea that Tesla’s self-driving technology was to blame for the crash because it happened at a high speed.

“This makes no sense,” Musk wrote on Monday.

Tesla’s vice president of AI software Ashok Elluswamy followed up on Musk’s comment with more apparent detail on the accident.

Elluswamy wrote that the driver was going at 73mph (117 km/h) and had overridden the car’s self-driving mode “by pressing the accelerator all the way to 100%.”

He also claimed that the driver “had the accelerator pushed even after the crash”.

Barbour’s complaint, filed with her husband Justin Barbour, puts forward a different explanation.

It argues that the driver was operating his Tesla on “in a reasonably foreseeable manner” with full self-driving engaged when the car’s technology “failed to detect the end of the street”, went into “sudden unintended acceleration” and crashed into the Barbour residence.

In addition to the death of her mother, Barbour claims her husband also suffered severe and grievous injuries as a result of the crash.

Monetary damages being sought include those for anguish, injury and medical expenses, as well as “exemplary” damages because Tesla’s actions have been “grossly negligent.”

The crash remains under investigation by police in Texas and the National Highway Traffic Safety Administration (NHTSA), the US government’s auto safety regulator.

Tesla’s self-driving technology has come under increased criticism and scrutiny.

Last week, Democratic Senators Edward Markey and Richard Blumenthal sent a letter, external to the NHTSA demanding that the agency investigate Tesla’s full self-driving technology for its safety risks.