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Anglo American to sell steelmaking coal mines to Peabody in $3.8bn deal

Anglo American has agreed to divest its remaining steelmaking coal portfolio in Australia to Peabody Energy in an all-cash deal valued at up to $3.77bn.

Tuesday, November 26, 2024

India and EU ink pact on cooperation in green hydrogen development

India and the European Union (EU) have finalized an extensive roadmap for the green hydrogen sector that includes development of infrastructure, technology cooperation and boosting supply chains

Tuesday, November 26, 2024

October 2024 crude steel production

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 151.2 million tonnes (Mt) in October 2024, a 0.4% increase compared to October 2023.

Monday, November 25, 2024

Indonesia plans to slash coal to a third of energy mix by 2040, Minister says

Top thermal coal exporter Indonesia, one of the world's largest carbon emitters, is aiming to reduce coal-fired power to 33% in its energy mix by 2040 and increase the share of renewable energy production to 42%

Monday, November 25, 2024

Italy and Metinvest sign a declaration on the construction of a steel plant in Piombino

The new plant, worth 2.5 billion, will contribute to the decarbonization of steel production and the strengthening of economic cooperation

Friday, November 22, 2024

India needs to invest $120 billion to expand steel production by 2030

The country plans to reach 300 million tons of steel output by the specified deadline

Friday, November 22, 2024

Mining and energy interconnectivity to take the stage at AIMEX 2025

In September 2025, the Asia Pacific’s International Mining Exhibition (AIMEX) will make the landmark move to South Australia for the first time in the event’s history.

Friday, November 22, 2024

EU considers revising CBAM

Gerasimos Thomas, Director-General for Taxation and Customs Union of the European Commission, announced that the Commission plans to explore options to help sectors affected by the carbon border adjustment mechanism (CBAM), such as the steel sector.

Thursday, November 21, 2024