Gold Climbs to Fresh High

Crude palm oil prices may remain volatile in the near-term, amid trade tensions and Indonesia's B50 biodiesel mandate, RHB IB analysts Hoe Lee Leng and Iftaar Hakim Rusli say in a note. As China refrains from buying U.S. soybeans, high global soybean stocks and narrowing CPO-soybean oil price gaps may weigh on demand, they say. The two oils often move in tandem due to their usage in similar products. However, a potential La Nina could tighten supply and support prices, and Indonesia's B50 biodiesel mandate could be the biggest price catalyst, they add. RHB remains neutral on the sector, and pegs Johor Plantations, IOI Corp., SD Guthrie, Sarawak Oil Palms, London Sumatra Indonesia and First Resources as its top picks. (yingxian.wong@wsj.com)

After solid 3Q production result from Rio Tinto, "all eyes move to the 2025 capital markets day" on Dec. 4, Macquarie analysts say in a note. The analysts reckon new CEO Simon Trott will use that briefing to "reinforce a simplified operating model" and efforts to reduce costs. Macquarie's earnings estimates for Rio are little changed following the 3Q result. The bank reiterates its neutral rating and A$115.00 target on the stock. "Rio remains the preferred large cap miner," its analysts say. Rio is up 1.1% in Sydney at A$128.78. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

Oil fell in early Asian trade amid ongoing U.S.-China trade tensions and excess supply concerns. President Trump said he is considering terminating business with China related to cooking oil. Meanwhile, China also placed restrictions on five U.S. entities linked to a major South Korean shipbuilder and threatened further retaliatory measures. Sentiment wasn't helped by warnings of a record surplus in the oil market, CEO of Sky Links Capital Group Daniel Takieddine says in a note. The International Energy Agency has projected a four million barrels per day surplus in 2026 as OPEC+ boosts output. Front-month WTI crude oil futures are down 0.2% at $58.59/bbl; front-month Brent crude oil futures are 0.2% lower at $62.27/bbl. (jason.chau@wsj.com)

Gold rises in early Asian trade amid continued frenetic trading. The precious metal hit an all-time high of $4,180/oz on Tuesday before suffering a sharp correction, but insatiable appetite among investors saw it claw back most of the losses, ANZ Research analysts say in a note. Gold has found support from Fed Chair Jerome Powell's comments that downside risks to employment appear to have risen, supporting expectations for a rate cut this month, they say. Spot gold is 0.5% higher at $4,162.33/oz.(jason.chau@wsj.com)

Kaiser Aluminum Corp. (KALU) filed a Form 8K - Other Events - with the U.S Securities and Exchange Commission on October 14, 2025.

On October 14, 2025, Kaiser Aluminum Corporation announced that its board of directors declared a quarterly cash dividend on its common stock of $0.77 per share. The dividend will be payable on November 14, 2025 to stockholders of record as of the close of business on October 24, 2025. A copy of the press release is attached hereto as Exhibit 99.1.

The information contained in the press release shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 ("Exchange Act"), or otherwise subject to liability of that section. In addition, this information shall not be incorporated by reference into any registration statement or other document filed under the Securities Act, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in the filing.

The full text of this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/811596/000119312525239170/kalu-20251014.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/811596/000119312525239170/0001193125-25-239170-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

TULSA, Okla.--(BUSINESS WIRE)--October 14, 2025--

Williams plans to announce its third-quarter 2025 financial results after the market closes on Monday, Nov. 3, 2025.

The company's third-quarter 2025 conference call and webcast with analysts and investors is scheduled for Tuesday, Nov. 4, 2025, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). Participants who wish to join the call by phone must register using the following link: https://register-conf.media-server.com/register/BIf717155f3c1d4f85b8cab5065ade2228

A webcast link to the conference call will be provided on Williams' Investor Relations website. A replay of the webcast will be available on the website for at least 90 days following the event.

About Williams

Williams is a trusted energy industry leader committed to safely, reliably, and responsibly meeting growing energy demand. We use our 33,000-mile pipeline infrastructure to move a third of the nation's natural gas to where it's needed most, supplying the energy used to heat our homes, cook our food and generate low-carbon electricity. For over a century, we've been driven by a passion for doing things the right way. Today, our team of problem solvers is leading the charge into the clean energy future — by powering the global economy while delivering immediate emissions reductions within our natural gas network and investing in new energy technologies. Learn more at www.williams.com.

Portions of this document may constitute "forward-looking statements" as defined by federal law. Although Williams believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in Williams' annual and quarterly reports filed with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251014380892/en/

CONTACT: MEDIA:

media@williams.com

(800) 945-8723

INVESTOR CONTACT:

Danilo Juvane

(918) 573-5075

Caroline Sardella

(918) 230-9992