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SMS group strip processing line supports thyssenkrupp Steel Europe ...
germany sms steel tks trade
Thu, 20 Feb 2025 00:00:00 GMT
The commissioning of the new annealing and insulating line in Bochum is an important milestone for thyssenkrupp Steel


Rio Tinto: Strong operating performance underpins financial results
iron ore results rio
Thu, 20 Feb 2025 00:00:00 GMT
LONDON--(BUSINESS WIRE)-- Rio Tinto (LSE:RIO) (ASX:RIO): Resilient financials with underlying EBITDA of $23.3 billion, despite 11% lower iron ore price*. Higher net cash generated from operating activities of $15.6 billion, driven by portfolio mix and effective working capital management. Profit after tax attributable to owners of Rio Tinto (referred to as net earnings throughout


Mitsui to buy $5.3 billion stake in Rio Tinto iron ore project
iron ore japan production rio
Thu, 20 Feb 2025 00:00:00 GMT
Japanese trading house Mitsui & Co 8031 said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated RIO, RIO Rhodes Ridge iron ore project in Western Australia for $5.34 billion, to strengthen its long-term earnings base. The deal, marking Mitsuis largest investment ever is a result of long-term efforts to expand its production volume of iron ore, a key growth driver, CEO Kenichi Hori said. Rhodes Ridge is one of the worlds largest undeveloped deposits of the key


Whyalla Green Hydrogen Project Paused As $374m Funding Is Redirected ...
ghg mali steel
Thu, 20 Feb 2025 00:00:00 GMT
Feb 20, 2025 Whyalla green hydrogen project paused as $374m funding is redirected to steelworks South Australian Premier Peter Malinauskas said, Theres no point in producing hydrogen if theres not... View


PAC launches probes into financial irregularities at Utility ...
pakistan steel
Thu, 20 Feb 2025 00:00:00 GMT
NTDC land dues case may go to FIA; NAB tasked with Pakistan Steel Mills land-grabbing inquiry


Steelinvest and Delong Steel Group announce joint venture
china delong steel
Thu, 20 Feb 2025 00:00:00 GMT
Belgium trading house Steelinvest Group and Chinese steel producer Delong Steel Group announced a...


Leeco Steel names director of business excellence
steel
Wed, 19 Feb 2025 13:06:00 GMT
Leeco Steel, a supplier of steel plate in Lisle, Ill., has promoted Ben Kincheloe to director of business excellence.


Primetals Press Release
metals primetals
Wed, 19 Feb 2025 00:00:00 GMT
Primetals Technologies Innovates Coil Tracking with AI-Backed Solutio


Mitsui to buy stake in Australian iron ore mine for $5.3 billion
australia iron ore
Wed, 19 Feb 2025 00:00:00 GMT
The move is a bet that the global steel industry will need high-quality raw materials to support its push to go green.


Hawsons Irons Dry Processing Circuit Revolutionizes Iron Ore ...
iron ore
Tue, 18 Feb 2025 21:45:00 GMT
Hawsons Iron is making bold strides in transforming iron ore processing with its focus on implementing a 100% dry processing circuit


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