Chinese company Jingye Group announced on Monday that it has taken over British Steel in a rescue bid, securing the immediate future of the Scunthorpe steelworks and promising a sustainable chapter for the industry.

Southwest China's Yunnan Province will cap the number of its coal mines at 200 to avoid coal mine accidents and ensure the safety of people and property, according to a press conference held by the information office of the provincial government Monday.

Chinese steelmaker Jingye Group has completed the buyout of British Steel, helping secure 3,200 jobs and saving the British company from liquidation.

CNMC to transfer Africa copper, cobalt assets to engineering arm

[Ferro-Alloys.com] Good morning! It is a real delight to join you at Scunthorpe, the well-known “Industrial Garden Town”, to mark the acquisition of British Steel by Jingye Group.After nearly one year of discussion and preparations, this deal finally went th...

BHP in ‘good shape’ to act if coronavirus disruption brings M&A openings

Chinese steelmaker Jingye Group on Monday completed the acquisition of British Steel's business and assets in Britain and the Netherlands, said the Chinese steelmaker in a statement.

Huayue nickel-cobalt smelting project started its construction