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Metals demand to rise on climate change efforts: Rio
UK-Australia resources firm Rio Tinto expects to benefit from an increased demand for metals and minerals needed to tackle climate change. |
Nucor buying overhead door company
Nucor is spending $3bn to acquire CHI Overhead Doors from investment fund Kohlberg Kravis Roberts, the company said. |
US HRC: Prices drop, market limited
US hot rolled coil (HRC) prices took their largest fall today since the beginning of February as mills continued to lower prices and buyers pushed for steeper discounts. |
Woodside shareholders back BHP merger
The shareholders of ASX-listed oil and gas major Woodside have voted overwhelmingly in favour of the merger with mining major BHP’s petroleum assets. |
Steel firms tap innovation to achieve carbon goals
Steel firms tap innovation to achieve carbon goals |
BHP targets Jansen start in 2026
Diversified miner BHP is hoping to accelerate production at Stage 1 of its Jansen potash project, in Canada. CEO Mike Henry told the Bank of America Global Metals, Mining & Steel Conference that first production from the $5.7-billion Stage 1 project cou... |
South32 targets 20% output growth by 2023
Diversified miner South32 is expecting production volumes to grow by nearly 20% in the next financial year, compared with its 2021 production levels. |
US coal companies struggle to cash in on Europe crunch
US coal producers are seeking to boost exports to cash in on soaring prices since Russia's invasion of Ukraine but face big headwinds including shipping bottlenecks, labor shortages, and a dismal long-term outlook discouraging investments in new mines. |
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