Global insight

EU Commission favours a 90-95pc emissions cut by 2040

The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc — from 1990 levels — according to a draft document.

Thursday, February 1, 2024

ArcelorMittal sells first low-carbon steel

The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc — from 1990 levels — according to a draft document.

Thursday, February 1, 2024

UK government disadvantages Tata Steel

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.

Thursday, February 1, 2024

UK gov should give Tata Steel more funding: Unions

Trade unions want the UK government to commit more cash to Tata Steel, enabling it to invest more in decarbonising south Wales' Port Talbot plant.

Thursday, February 1, 2024

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The world’s largest steelmaker China Baowu Steel Group has raised 10 billion yuan ($1.4 billion) from a bond issue

Thursday, February 1, 2024

Tshipi achieves record quarter production

Tshipi é Ntle Manganese Mining, in which ASX-listed Jupiter Mines has a 49.9% beneficial interest, achieved record production at the Tshipi manganese mine in the Kalahari manganese field for the quarter ended December 31, 2023.

Thursday, February 1, 2024

North American Stainless expanding in Carroll County, adding 70 new jobs

The largest stainless steel producer in the United States is in Carroll County, and it's getting even bigger thanks to a $244 million investment.

Thursday, February 1, 2024

Trafigura-backed nickel mine seeks new partner for bailout

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.

Thursday, February 1, 2024
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