Germany Lines Up €50 Billion to Help Heavy Industry Go Green
Germany plans to help energy-intensive manufacturers transition to climate-neutral technologies with roughly €50 billion ($53.4 billion) in subsidies.
1970-01-01 08:00
Europe’s Unwanted Coal Heads to China and India as Heat Builds
Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures
1970-01-01 08:00
Saudi Investment Enclaves Take Shape With Top Steelmaker’s Entry
Saudi Arabia has unveiled a flurry of new investment projects led by the world’s biggest steelmaker as the
1970-01-01 08:00
It’s Not a Good Time to Be a Steel Mill or Coal Mine in China
China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation
1970-01-01 08:00
InfraBuild Secures $350 Million Loan For Purchasing US Assets
InfraBuild Australia Pty, part of Sanjeev Gupta’s metals empire, has secured an asset-backed term loan for $350 million
1970-01-01 08:00
Billionaires’ M&A Fight Ends With Revival of Solar Export Dream
Billionaire Mike Cannon-Brookes will revive a stalled plan to export solar power from Australia to Singapore after sealing
1970-01-01 08:00
China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
1970-01-01 08:00
Metals Markets Face Grueling Summer as Chinese Demand Falters
Big conferences often crystalize the prevailing sentiment in markets. So it’s probably no coincidence that copper has dived
1970-01-01 08:00
New Zealand, BlueScope Spend $188 Million to Cut Steel Emissions
New Zealand’s government and BlueScope Steel Ltd.’s local unit will spend NZ$300 million ($188 million) to upgrade a
1970-01-01 08:00
Vale Moves Ahead With $2.7 Billion Amazon Mining Expansion in Clean-Steel Bet
Vale SA is plowing ahead with a $2.7 billion investment to expand iron output in Brazil’s Amazon, betting
1970-01-01 08:00
Denmark’s Topsoe Plans $300 Million US Factory to Build Hydrogen Electrolyzers
Denmark’s Topsoe A/S is preparing to spend $300 million on a US hydrogen electrolyzer factory in the latest
1970-01-01 08:00
Africa Needs $700 Billion of Finance for Green Energy and Metals
Africa will need more than $700 billion in finance over the next decade to develop renewable power and
1970-01-01 08:00