Latest news with #TimothyHill
News24
09-07-2025
- Business
- News24
South African-owned palladium mine in Canada to close, 750 jobs at risk
• For more financial news, go to the News24 Business front page. Low palladium prices are forcing Impala Platinum to shut down its mine in Canada, putting 750 jobs at risk. The Lac des Iles mine is about 1 500 kilometers northwest of Toronto. Impala Canada expects to end production by May 31, 2026, Chief Executive Officer Timothy Hill told workers in an email seen by Bloomberg News, but 'the final date of operations is dependent on several factors, including available tailings capacity and our ability to meet production targets.' 'We've been in a prolonged period of low prices, and as a result, the business is not generating the cash flow required to sustain the operation despite the team's strong performance,' an Impala Canada spokesperson said Tuesday in an email. The price of palladium — a metal mostly used to curb emissions from petrol vehicles — has fallen over the past three years because demand from auto manufacturers has weakened. Electric vehicles have captured a larger share of the global auto market, and they don't need catalytic converters to filter exhaust fumes. In 2024, Impala Canada cut 95 jobs, also citing lower palladium prices. Parent company Implats, based in Johannesburg, acquired the Ontario mine in 2019 through its purchase of North American Palladium. The mine closure was first reported by online publication TBnewswatch.
Yahoo
28-04-2025
- Business
- Yahoo
$25 million approved for Hurricane Helene relief in Northeast Tennessee
NORTHEAST TENNESSEE (WJHL) — State Representative Timothy Hill secured $25 million in state funding for Northeast Tennessee counties impacted by Hurricane Helene. 'After our successful special session, I remained committed to bringing true grant relief tocommunities impacted by Hurricane Helene,' Hill said in a news release on Monday. 'I'm thankful that with the support of the entire Northeast Tennessee legislative delegation, leadership and colleagues from across the state, we are able to deliver genuine, flexible relief for our region.' $2.6 million approved for road, culvert repairs in Erwin The grants will be distributed to the following counties for general expenses and recovery efforts by Sept. 1, according to the release. Johnson, Unicoi, Washington and Cocke Counties: $3,725,000 each Carter County: $5 million Greene County: $3 million Hamblen County: $1 million Sullivan and Hawkins Counties: $500,000 each The funding comes from the Governor's Relief and Recovery Fund, which was approved in January to provide state assistance after disasters. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
18-04-2025
- Business
- Yahoo
Bill would help local governments with Helene loans
JOHNSON CITY, Tenn. (WJHL) – Rep. Timothy Hill's House Bill 1278 passed through the House Finance Committee on Thursday. The bill would allow counties to use some of Gov. Bill Lee's disaster relief funding for the interest on loans that local governments had to get to rebuild infrastructure following Hurricane Helene. The senate version of the bill, Senate Bill 0646, is sponsored by Johnson City's Rusty Crowe, and currently sits in the Finance Ways and Means Committee. Hill added an amendment allocating a portion of the funds to cover the administrative fees that otherwise would be covered by local taxpayers. 'What this does as amended, it allows for loan charges, which that's the origination fees, the application fees, appraisal fees, things like that, to be included in the fund,' Hill said. 'So counties can include that in their application process.' The bill would also provide $3.7 million to Unicoi, Johnson and Washington counties, $5 million to Carter County, $3 million to Greene County, and $500,000 to Sullivan and Hawkins counties. Washington County Mayor Joe Grandy said he sees that portion of funding as a way to take some of the tax burden off of the county residents. 'We haven't seen the rules, but we believe it can be used to offset some of the administration cost,' Grandy said. 'We know that the expectation is FEMA's going to cover 25% of the cost. The state's going to pick up another 20%, which leaves a 5% gap. So this may be a way that we can take that burden off of local taxpayer.' The bill is scheduled to be brought to the floor for a vote on Monday. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
21-03-2025
- Business
- Yahoo
NETN lawmakers propose another $100 million in Helene relief
NASHVILLE, Tenn. (WJHL) — Two local lawmakers are behind an effort to bring another $100 million in Hurricane Helene relief to Northeast Tennessee. State Rep. Timothy Hill and state Sen. Rusty Crowe are sponsoring a bill to create two grant funds to assist individuals and local governments. $50 million would go toward each fund, with additional funding possibly available in the future. General Assembly approves resolution honoring Chief Meteorologist Mark Reynolds' 40 years at WJHL The Hurricane Helene County Relief Fund would distribute grants to counties for infrastructure, remediation, property repairs, and other general recovery efforts. The funds would be distributed to the following counties: Carter County — $10 million Cocke County — $7.5 million Greene County — $6 million Hamblen County — $2 million Hawkins County — $1 million Johnson County — $7.5 million Sullivan County — $1 million Unicoi County — $7.5 million Washington County — $7.5 million The Hurricane Helene Rapid Response Fund would support residents who meet specific criteria in counties declared impacted by the hurricane. It would be administered by the Tennessee Emergency Management Agency, and individuals could apply for assistance online. If approved, the grant funding would be in addition to other Hurricane Helene relief measures the General Assembly passed during a special session earlier this year. $2.1M approved for Unicoi Co. Industrial Park rail system repairs 'We made a significant first step during the special session to support Northeast Tennessee, and this bill aims to build on that progress,' Hill said. 'I'm working closely with the Tennessee Emergency Management Agency (TEMA) every week to find a solution that delivers genuine relief to those devastated by Helene.' The bill was approved by a House subcommittee this week and will go before the State and Local Government Committee, which another local lawmaker, state Rep. John Crawford, chairs. The General Assembly would have to approve the funding for both grant funds in the 2025-26 budget. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CBS News
06-03-2025
- General
- CBS News
Eastern Michigan University hosting Women's History Month events honoring women leaders
Eastern Michigan University is celebrating Women's History Month with a series of events throughout the month of March. The free events in Ypsilanti, Michigan, aim to highlight the contributions and achievements of women in different fields. EMU's Women's History Month events International Women's Day celebration (March 4 at the EMU Student Center Ballroom): This event includes an international panel discussion, cultural engagement, and a mix-and-mingle. Women of Color symposium (March 11 at the EMU Student Center Ballroom): This event will discuss wellness, resistance, and activism. EmpowHER conference and gala (March 19 at the EMU McKenny Hall Ballroom): This event features guest speakers Staci Williams and Black Educators Alliance chief executive officer Timothy Hill and a Heart2Heart Talk Show panel. Women of Excellence award ceremony and luncheon (March 26 at the EMU Student Center): This event honors students, faculty and community leaders and features keynote speaker Tiffany Mensah from D.O.V.E.S. Network. For more information on the events, visit EMU's website. According to The Library of Congress, Women's History Month originated in 1981 as "Women's History Week." At the time, Congress passed a resolution authorizing the president to proclaim the week beginning March 7 as the time to celebrate women. Over the next few years, Congress passed resolutions authorizing the president to proclaim the entire month of March as "Women's History Month." Presidents have issued annual proclamations for March as Women's History Month since 1995.
