At The John Ellis Company, we see customs bonds treated as routine compliance far too often—until they disrupt operations. A CBP (customs) bond is a financial guarantee between the importer, a licensed surety, and U.S. Customs and Border Protection that ensures duties, taxes, and regulatory obligations are met. CBP requires bonds not only for most...Continue reading
Cleveland-Cliffs recently made headlines with its announcement to repurpose tailings basins at its Michigan and Minnesota sites for rare earth mineral production. As reported by Fox Business, CEO Lourenco Goncalves called the move both a strategic opportunity and a national responsibility, citing the need to reduce U.S. reliance on Chinese exports. Geological surveys revealed promising...Continue reading