Anglo American and Salzgitter to explore iron ore’s role in low-carbon steelmaking
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Anglo American and Salzgitter to explore iron ore’s role in low-carbon steelmaking
August 4, 2021

Anglo American has signed a memorandum of understanding (MoU) with Salzgitter Flachstahl to collaborate on the decarbonisation of the steelmaking industry by exploring ways to reduce carbon emissions. Salzgitter Flachstahl manufactures a range of steel products optimised for their particular application and is the largest steel subsidiary in the Salzgitter Group, Anglo explained. The two[…]

FLSmidth confirms final agreement to buy thyssenkrupp’s mining business for €325 million, closing H2 2022
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FLSmidth confirms final agreement to buy thyssenkrupp’s mining business for €325 million, closing H2 2022
July 29, 2021

FLSmidth and thyssenkrupp Industrial Solutions AG (a fully owned subsidiary of thyssenkrupp AG) have reached an agreement that FLSmidth will acquire thyssenkrupp’s Mining business (TK Mining) for a total consideration (enterprise value) of €325 million, corresponding to approximately DKK 2.4 billion. Closing of the transaction is expected in H2 2022 and is subject to customary[…]

Nouveau Monde Graphite turns to Metso Outotec for key Matawinie processing equipment
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Nouveau Monde Graphite turns to Metso Outotec for key Matawinie processing equipment
July 29, 2021

Nouveau Monde Graphite has launched civil construction works at its flagship Matawinie graphite mining project in Saint-Michel-des-Saints, Québec, having steadily advanced detailed engineering and engaged in the procurement of key service providers, long-lead equipment and contractors to deliver the project, billed as a “zero-emission mine”, in Québec by the end of 2023. One of these[…]

FLSmidth in “final negotiations” with thyssenkrupp for buyout of mining business
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FLSmidth in “final negotiations” with thyssenkrupp for buyout of mining business
July 28, 2021

Things have been very quite since FLSmidth announced on January 15, 2021 that it was in negotiations with thyssenkrupp concerning an acquisition of thyssenkrupp’s mining business. But today a brief update, confirming talks were advancing: “FLSmidth today announces that it remains in negotiations with thyssenkrupp concerning an acquisition of thyssenkrupp’s mining business. Since FLSmidth’s announcement[…]