Weir expands North America presence with $150M acquisition of Townley
The transaction is expected to be completed in the third quarter of 2025.
Latest Stories
Sandvik investment strengthens surface drill production capacity
The move supports the company’s strategic focus on surface drilling and is set to increase production capacity by up to 30%.
China’s rare earth exports slump in May as magnet sales curbed
May’s export volume of rare earth products fell by 61% from a year earlier to 2,117 tons, the lowest level since February 2020.
Troilus reaches terms on offtake agreement with Aurubis
The final agreement is expected to be executed in connection with the project’s broader debt financing package of up to $700 million.
Nippon Steel completes $14.9B US Steel takeover
The deal grants US government veto powers in rare foreign acquisition arrangement.
Indonesia plans to punish nickel park for alleged breaches
Environmental violations have been found at the Indonesia Morowali Industrial Park, according to the Ministry of Environment.
India’s new copper plant finally starts amid ore shortage
The 500,000-ton-a-year Kutch Copper plant in Gujarat is part of a copper-producing complex that Adani is building.
INSIGHT: Rural Oklahoma strives to become American hub for critical minerals processing
Oklahoma's push into minerals processing marks an unexpected twist in the US efforts to wean itself off Chinese rivals who have blocked exports.
Asante Gold locks in $470M refinancing, eyes TSX-V debut
This influx is intended to eliminate Asante’s debt obligations tied to Kinross Gold.
