Iron ore
Thyssenkrupp in discussions to offload stake in steel unit
German industrial group Thyssenkrupp is in negotiations with Czech billionaire Daniel Kretinsky to divest a 50% stake in its steel…
Ineos Enterprises acquires Eramet’s Norwegian subsidiary for $245m
Ineos Enterprises has acquired a 100% stake in Eramet Titanium & Iron (ETI), a Norwegian subsidiary of French mining and…
Essar signs iron ore supply deal with Vale for Saudi project
Vale’s subsidiary Vale International has reached a letter of intent (LOI) with Indian conglomerate Essar Group to supply iron ore…
H2 Green Steel secures €1.5bn for Swedish plant construction
Sweden-based H2 Green Steel has garnered equity capital of nearly €1.5bn ($1.61bn) to build its green steel plant in Boden,…
Green metals producer Boston Metal raises $262m in Series C funding
US-based green steel-producing company Boston Metal has generated $262m at the close of its Series C investment round. Aramco Ventures, M&G…
Vale and H2 Green Steel to co-explore green industrial hubs
Brazilian mining company Vale and Swedish company H2 Green Steel have agreed to jointly study the viability of setting up…
Diamond-mining magnate detained in Cyprus over Romanian land rights
French-Israeli mining magnate Beny Steinmetz has been detained in Cyprus on a Romanian-issued warrant. Steinmetz was detained on his arrival…
Nigeria plans to launch solid minerals corporation
Nigeria is planning to launch a state-backed solid minerals corporation to provide funding to its mining sector and manage the…
Magnum and Midmetal partner to develop magnetite mine in US
Australian mining company Magnum Mining & Exploration has entered a non-binding memorandum of understanding (MoU) with Saudi Arabia-based Middle East…
Taliban signs $6.6bn in mining contracts in Afghanistan
The Taliban Government in Afghanistan said on Thursday it has signed seven mining contracts amounting to $6.6bn (Af527.37bn) in investment,…