December 22, 2023

Sumitomo names Ueno as next CEO, promising reform

Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses.

December 22, 2023

Japan-US ties stronger than ever, minister says amid US Steel scrutiny

Japanese Industry Minister Ken Saito praised his country's ties with the US but declined to comment directly on Nippon Steel's $14.9 billion proposed acquisition of US Steel.

December 22, 2023

Kloeckner to divest business in four European countries

German metal trader Kloeckner plans to sell off parts of its European commodity distribution business to Spain's Hierros Anon.

December 20, 2023

Screen-printed, paper-based electrodes key to detecting heavy metals in humans, the environment

Miniaturized electrochemical sensors prove effective in detecting toxic heavy metals in humans and natural environments.

December 19, 2023

Nippon Steel’s wily president key to battle over US Steel

Nippon Steel’s stock has climbed 58% since Eiji Hashimoto took the helm in April 2019.

December 19, 2023

Fortescue settles sexual harassment dispute in A$1.4 million deal

The workplace safety watchdog has dropped 34 charges against the iron ore producer for failing to provide requested documents.

December 18, 2023

Nippon Steel agrees to buy US Steel for $14.1 billion

The deal caps months of uncertainty over the future of the iconic American company.

December 17, 2023

Australia export revenue to tumble as iron ore, coal prices drop

Fewer supply disruptions and “relatively soft” global economic growth will push down revenue.

December 15, 2023

Brazil judge votes for dismissal of homicide case against Vale’s ex-president over Brumadinho

Fábio Schvartsman's defense seeks dismissal of criminal action related to the dam collapse that claimed the lives of over 250 people.

December 15, 2023

Fortescue gets 200 million euros for Norway green ammonia plant

Plant aims to capitalize on the Norwegian transmission grid's surplus renewable energy and ship the resulting green ammonia to domestic and European markets.