The German government earmarked about €1 billion ($1.1 billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals, according to people familiar with the plan.
The UK government is putting Tata Steel at a disadvantage compared with its European peers with the comparatively low level of funding it is providing to help the company decarbonise.
The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc ¡ª from 1990 levels ¡ª according to a draft document.
The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc ¡ª from 1990 levels ¡ª according to a draft document.
A major nickel operation backed by Trafigura Group will need support from a new investor after the trading giant declined to contribute more funds as part of a French government rescue package for the struggling New Caledonian mining industry.
In the week ending on January 27, 2024, US domestic raw steel production was 1,680,000 net tons while the capability utilization rate was 75.6 percent.