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Metals and Mining Industry News
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Coal India Limited reports 13.2% production surge in August 2023
In a notable upswing, Coal India Limited (CIL) disclosed robust figures for its coal production in August 2023,…
Redwood secures over $1bn in Series D, eyes US battery material dominance
Redwood has announced the triumphant closure of its latest equity funding round, raising an astonishing $1 billion-plus in…
Mill Steel Co. grows footprint with new 90,000sft facility in Mansfield, Ohio
Mill Steel Co., a leading supplier of flat-rolled steel and aluminum in North America, has announced the acquisition…
La Granja copper project : Rio Tinto, First Quantum Minerals forge $651m JV
Rio Tinto and First Quantum Minerals have finalized a joint venture to expedite the development of the La…
Jindal Stainless fuels Indian moon mission Chandrayaan-3 with special alloy
India’s race to space just got a robust boost thanks to Jindal Stainless, the country’s largest stainless steel…
Revolutionary rail deal opens new trade route for copper from Africa to global markets
Kamoa Copper S.A., a subsidiary of Ivanhoe Mines, is pioneering a new trade route for African copper, connecting…
Tucano Gold to make historic acquisition in Brazil, poised to reshape gold industry by 2024
Tucano Gold Inc has announced its strategic acquisition of Mina Tucano Ltda and Tucano Resources Mineração Ltda. Each…
Coal India Limited reports 8.5% CapEx growth at Rs 4,700cr for April-July FY 2024
In a marked demonstration of robust financial health, Coal India Limited (CIL) reported a notable 8.5% year-on-year growth…
Cleveland-Cliffs reveals $35/share offer to acquire U.S. Steel; Bid rejected despite 43% premium
Cleveland-Cliffs Inc. (NYSE: CLF) has publicized its previously undisclosed bid to acquire U.S. Steel Corporation (NYSE: X) at…
MOIL registers unprecedented growth: A Look at Q1 FY 2023-24 performance
In a stunning display of growth and innovation, MOIL, the largest producer of manganese ore in India, has…