August 15, 2023

Barrick boss slams western funds’ shortsightedness, praises Saudi’s PIF

Saudi's PIF has been looking to invest in copper projects across the world, as part of its drive towards funding energy transition projects.

August 15, 2023

Miners face ‘considerable challenges’ meeting demand from US climate law – study

Nickel and cobalt supplies are unlikely to satisfy demand, S&P Global said in a report.

August 15, 2023

Researcher to study ’green’ steelmaking process at the atomic level

A researcher at Binghamton University received almost half a million dollars to investigate how hydrogen-based direct reduction works at the atomic level.

August 15, 2023

TechMet raises $200m to counter China’s critical minerals control

Fresh equity will be deployed across TechMet’s ten assets, which aim at reducing the west’s dependence on China for critical minerals.

August 14, 2023

Esmark makes $7.8 billion offer for US Steel Corp

On Sunday, US Steel launched a formal review of strategic options after rebuffing a takeover offer from rival Cleveland-Cliffs.

August 14, 2023

US Steel soars after it rejects $7.25 billion Cliffs bid

Cliffs said it submitted the proposal privately on July 28 and received a rejection letter on Sunday that called the offer “unreasonable.”

August 14, 2023

Deep sea miner The Metals Company stock surges on $27 million capital raise

According to TMC, this registered direct offering is on significantly above-market standard terms, and is led by its largest shareholder.

August 14, 2023

Yellen warns of risks of over-concentration of clean energy supply chains

China holds at least 60% of the world’s manufacturing capacity for most mass-manufactured technologies.

August 14, 2023

The four biggest hurdles in America’s EV transition

Since the Inflation Reduction Act was signed into law one year ago this week, there’s been $59 billion in new EV investments announced in the US.

August 13, 2023

US Steel to explore strategic alternatives for the company

US Steel has received unsolicited proposals that range from the acquisition of certain production assets to consideration for the whole company.