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.
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...
Egypt-based long steel producer EI Marakby Steel and Egyptian electrical company Elsewedy Electric have signed a memorandum of understanding to achieve strategic cooperation between the two companies in the field of sustainability by providing solutions for en...
In a recent announcement,Australia-based mining giant Rio Tinto has outlined its ambitious goals for the annual capacity of its Pilbara iron ore business.
Nickel Industries Limited is trialling EV trucks in its operating fleet as part of its plan to reduce carbon intensity by 50% by 2035 and reach net zero emissions by 2050.