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Relevant News

Investor that took on Exxon targets deals in critical minerals

Investment fund Engine No. 1, known for its battle with Exxon Mobil Corp. and recently taking a surprise stake in Vale SA’s base metals business, is eying more deals in critical minerals.

Thursday, August 10, 2023

Graves a barrier for Jindal’s $2bn South African iron mine

A plan by Jindal Steel & Power Ltd. to develop an up-to $2 billion iron-ore mine in South Africa is facing opposition from communities who say the operation would require thousands of homes and graves to be relocated.

Wednesday, August 9, 2023

Nucor gets final permit for W Virginia mill

Electric arc furnace (EAF) steelmaker Nucor has received its final permit for its new West Virginia flat rolled mill.

Wednesday, August 9, 2023

US rebar: Domestic, import ease

US and imported rebar again softened this week amid lacklustre demand.

Wednesday, August 9, 2023

Vietnam sees coal imports peaking at 85mn t in 2035

The Vietnamese government sees the country's coal imports steadily rising over the next decade before peaking at around 85mn t in 2035, led by demand from utilities.

Tuesday, August 8, 2023

India’s Sail inks steel decarbonisation deal with SMS

Sail joins its private-sector counterparts Tata Steel and JSW Steel in collaborating with SMS for decarbonisation.

Tuesday, August 8, 2023

Vale loses bid to block BHP's London lawsuit in Brazil dam case

Vale on Monday lost a bid to block fellow mining giant BHP Group's bid to have it share potential liability in a 36-billion-pound ($46-billion) London lawsuit over Brazil's worst environmental disaster.

Tuesday, August 8, 2023

South Korea pledges further e-mobility investment in Indonesia

The governments of South Korea and Indonesia have agreed to continue joint investments in electric vehicle and battery production in Indonesia. Moreover, they want to strengthen the supply chain for battery materials such as nickel.

Tuesday, August 8, 2023