Tata Steel, thyssenkrupp sign deal to form European steel joint venture

(adsbygoogle = window.adsbygoogle || []).push({}); Indian steel company Tata Steel and German multinational conglomerate thyssenkrupp have signed agreements to merge their European steel businesses – Tata Steel Europe and thyssenkrupp Steel Europe, respectively into a new company to be named as thyssenkrupp Tata Steel. The new steel More...

by businessnewstoday | Published 3 weeks ago
By businessnewstoday On Wednesday, June 20th, 2018
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BHP to divest Cerro Colorado copper mine in Chile to EMR Capital

Mining industry news : BHP , an Australia-based global resources company will sell its Cerro Colorado copper mine in Chile to EMR Capital, a Hong Kong-based specialist resources private equity manager to potentially More...

By businessnewstoday On Sunday, June 17th, 2018
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BHP and partners to proceed with South Flank iron ore project in Australia

Mining industry news : Australian mining company BHP is all set to move ahead with the development of the South Flank iron ore project in the central Pilbara region in Western Australia after its board approved More...

By businessnewstoday On Saturday, April 7th, 2018
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SoftBank to invest $77m in Canadian lithium mining company Nemaska Lithium

Mining industry news : Japan’s SoftBank Group has agreed to acquire a stake of up to 9.9% in Nemaska Lithium, a Canadian lithium mining company for C$ 99.1 million ($77.7 million). Through the investment in the More...

By businessnewstoday On Sunday, April 1st, 2018
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Rio Tinto to exit coal mining business with sale of Kestrel coal mine for $2.25bn

Mining industry news : Rio Tinto is all set to exit from coal mining business by selling its 80% stake in the Kestrel coal mine in Queensland to a consortium of EMR Capital and Indonesian coal producer Adaro Energy, More...

By businessnewstoday On Thursday, March 22nd, 2018
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Rio Tinto to sell Queensland coal mine stakes to Glencore for $1.7bn

Mining industry news : Australian-British mining giant Rio Tinto has made a $1.7 billion deal to exit from two Queensland coal mines – the Hail Creek coal mine and the Valeria coal mine in Australia by selling More...

By businessnewstoday On Saturday, February 17th, 2018
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Mitsui to buy additional stake in Collahuasi Copper Mine in Chile

Japanese conglomerate Mitsui has agreed to buy an additional stake of 3.60% in the Collahuasi Copper Mine in Chile from JX Nippon Mining & Metals for an undisclosed price. The transaction will increase the overall More...

By businessnewstoday On Sunday, February 11th, 2018
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De Beers’ Namdeb JV to sell Elizabeth Bay diamond mine in Namibia

Mining industry news : De Beers Group’s 50/50 joint venture with the Namibian government – Namdeb has put up its Elizabeth Bay diamond mine for sale. De Beers Group says that it is pursuing the sale of the Namibian More...

By businessnewstoday On Wednesday, December 27th, 2017
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Union Partners buys Automotive Steel Technical Center from Heidtman Steel

Steel industry news : Union Partners, a private equity firm has acquired the Automotive Steel Technical Center from Heidtman Steel in Gibraltar, Michigan for an undisclosed price. The Automotive Steel Technical More...