Japanese steelmaker Nippon Steel Corporation will acquire US Steel for $14.9 billion in the second or third quarter of 2024, the company said on Monday December 18.

The aid targets reducing carbon emissions and promoting renewable hydrogen production in line with EU directives.

The application of State electricity utility Eskom for a six-year negotiated pricing agreement for the Glencore-Merafe ferrochrome smelter operation in Rustenburg, in the North West Province, has been approved by South Africa’s energy regulator Nersa.

Feralpi Stahl, the German rebar factory of the ltalian Feralpi Group, announced that it will stop production for four weeks for repair work.

Atlas Materials, which is focused on securing the supply of clean nickel for electric vehicle batteries in North America, has entered into a commercial agreement with Société Minière Georges Montagnat (SMGM) for the supply of nickel ore to Atlas’ first commer...

"CPEC has laid a good foundation for Pakistan's industrialization, modernization as well as interconnection with other countries," Wang said.

Miners in the country churned out 4.24 billion tons of coal during the first 11 months, up 2.9 percent year-on-year.

Appian Capital Advisory LLP announced on Monday that it has committed a $230 million financing package to miner and battery metals producer US Strategic Metals (USSM).