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Relevant News

First Quantum shows interest in Raiden’s Mt Sholl

Base metals miner First Quantum has entered into a memorandum of understanding with Australian junior Raiden Resources’ Mt Sholl nickel/copper/platinum group elements (PGE) project, in Western Australia.

Thursday, December 14, 2023

JSW Steel USA Ohio's $145M Upgrade Drive

JSW Steel USA Ohio Inc., a wholly-owned subsidiary of India's JSW Steel Limited, is embarking on a transformative journey with plans to raise $145 million in long-term debt funding.

Thursday, December 14, 2023

ArcelorMittal SA's Shutdown Signals Economic Strain

In a significant economic upheaval, ArcelorMittal South Africa, the continent's largest steelmaker, has announced the closure of its operations in Newcastle and Vereeniging.

Thursday, December 14, 2023

Baosteel's $1.5B Move: Shandong Stake

As of 2022, Baosteel's parent company, Baowu Group, emerged as a global steel leader, producing a staggering 131.84 million metric tons of crude steel.

Thursday, December 14, 2023

MENA's Steel Renaissance"

This landmark collaboration signifies a convergence of industry expertise, with both entities set to harness their strengths for mutual advancement.

Thursday, December 14, 2023

Steel Meets Tech: Baowu-Huawei Pact

This landmark collaboration signifies a convergence of industry expertise, with both entities set to harness their strengths for mutual advancement.

Thursday, December 14, 2023

South Korea offers $29 billion in aid to battery makers amid metals war

South Korea unveiled a 38 trillion won ($29 billion) financial package over the next five years aimed at helping local electric-vehicle battery makers diversify their supply chains as the US calls for a reduced reliance on China.

Wednesday, December 13, 2023

Dollars & Decisions: Thyssenkrupp's Steel Tango

Shares in Thyssenkrupp have experienced a dip following the news, with concerns about potential financial contributions deterring some investors. A key challenge is the 2.6 billion euros in steel-related pension liabilities, a stumbling block in negotiations w...

Tuesday, December 12, 2023