Following the collapse of Greensill Capital in March 2021 many expected Sanjeev Gupta’s GFG Alliance metals empire to follow close behind. MetalMiner wasn’t alone in repeatedly questioning the murky financial […]
Category: M&A Activity
Week in Review: Lithium-ion batteries; Chinese steel merger; Rio Tinto resumes labor talks at BC Works
Before the weekend, let’s take a look back at the week that was and the metals storylines on MetalMiner: The MetalMiner Best Practice Library offers a wealth of knowledge and […]
This Morning in Metals: Chinese steelmakers Ansteel, Ben Gang to merge
This morning in metals news: two Chinese steelmakers are merging to form the world’s third-largest steelmaker; the LME aluminum price lost some ground last week; and, lastly, July construction employment […]
Week in Review: Shipping sector woes; oil prices fall; Toyota announces production cuts
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Receive the latest short-term and […]
Bangkok-based Banpu to buy Texas power plant
Continuing with its acquisition of the U.S. natural gas assets, the Bangkok-based Banpu has now agreed to purchase a combined cycle gas-fired power plant in Texas. According to Forbes , […]
This Morning in Metals: Nucor to acquire insulated metal panels business
This morning in metals news: Nucor Corporation today announced it will acquire Cornerstone Building Brands‘ insulated metal panels business; the oil price approached $70 per barrel to close last week; […]
ArcelorMittal eyeing Liberty Steel assets in France
ArcelorMittal is eyeing the potential acquisition of Liberty Steel France, which includes a steelmaking plant at Ascoval and rail rolling mill at Hayange, a source within the Luxembourg-headquartered company told […]
This Morning in Metals: Barksdale Resources to acquire Sunnyside copper-lead-zinc-silver project in Arizona
This morning in metals news: Barksdale Resources announced it will acquire 100% of the Sunnyside copper-lead-zinc-silver project in Arizona; meanwhile, Cleveland-Cliffs signs have gone at the former ArcelorMittal Burns Harbor […]
ThyssenKrupp ends talks with Liberty Steel over potential steel unit takeover
ThyssenKrupp has ended discussions with London-based Liberty Steel over the potential sale of the German conglomerate’s steel unit. The parent company made the announcement Wednesday evening, Feb. 17. “We opened […]
ArcelorMittal steel output drops by one-fifth in 2020
Impacts from the COVID pandemic and asset sales saw ArcelorMittal report a 20.4% decline in its crude steel production in 2020. “The countries worst affected by COVID were the ones […]
