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Tag: ARCELORMITTAL

Companies

ArcelorMittal South Africa Negotiates Funding to Postpone Long Steel Business Closure

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

ArcelorMittal South Africa is negotiating with the government for financial support to delay the closure of its long steel business, which is facing operational losses and potential job impacts. The …

ArcelorMittal South Africa Negotiates Funding to Postpone Long Steel Business Closure Read More
Business / Companies

South Africa’s Economic Signals: Rand Stability and Investor Outlook

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

South Africa’s economy shows promising signs with a stable rand and positive sentiment in the Johannesburg Top-40 Index. The upcoming interest rate decision by the Reserve Bank is crucial amidst …

South Africa’s Economic Signals: Rand Stability and Investor Outlook Read More
Companies

ArcelorMittal South Africa Negotiates to Delay Long Steel Plant Closure

March 19, 2025March 19, 2025 - by Liam Nguyen - Leave a Comment

ArcelorMittal South Africa is negotiating with the government for funding to delay the closure of its long steel operations, which was planned for April due to losses. The company has …

ArcelorMittal South Africa Negotiates to Delay Long Steel Plant Closure Read More
Companies

ArcelorMittal South Africa Nears Funding Deal to Preserve Crucial Steel Mills

March 19, 2025March 19, 2025 - by Sofia Nawab - Leave a Comment

South Africa is nearing a funding agreement for ArcelorMittal SA to ensure its steel mills remain operational. The government plans to provide 500 million rand to support workers and explore …

ArcelorMittal South Africa Nears Funding Deal to Preserve Crucial Steel Mills Read More
Companies

South African Government Allocates Funding to ArcelorMittal South Africa

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

The South African government plans a 500 million rand investment in ArcelorMittal South Africa to support key steel mills, covering salaries and increasing stake in the company. The move aims …

South African Government Allocates Funding to ArcelorMittal South Africa Read More
Companies

Saudi Arabia Awards Mining Exploration Licenses to Various Firms

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

The Saudi Ministry of Industry and Mineral Resources has awarded mining exploration licenses to several firms, including Vedanta and a Saudi-Chinese consortium. These licenses, covering an area of 4,788 square …

Saudi Arabia Awards Mining Exploration Licenses to Various Firms Read More
Companies

ArcelorMittal Liberia Celebrates 20 Years with Major Expansion and Promises to Boost Economic Growth

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

ArcelorMittal Liberia celebrates its 20th anniversary with a $2 billion Phase II Expansion Project, intending to boost iron ore production from 5 MTPA to 15 MTPA. The initiative includes substantial …

ArcelorMittal Liberia Celebrates 20 Years with Major Expansion and Promises to Boost Economic Growth Read More
Companies

ArcelorMittal Legal Threats Amid Liberia’s Rail Infrastructure Reform

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

ArcelorMittal Liberia threatens legal action against the Government of Liberia due to proposed multiuser rail access for Ivanhoe Atlantic, claiming it violates their existing agreement. Meanwhile, the GOL intends to …

ArcelorMittal Legal Threats Amid Liberia’s Rail Infrastructure Reform Read More
Business / economics

ArcelorMittal Nippon Sues India Over Import Restrictions on Met Coke

March 12, 2025March 12, 2025 - by Carmen Mendez - Leave a Comment

ArcelorMittal Nippon Steel is suing the Indian government over retroactive import restrictions on met coke, claiming such actions violate free trade agreements and threaten its operations. The company’s court filing …

ArcelorMittal Nippon Sues India Over Import Restrictions on Met Coke Read More
Business / Companies / economics

Liberia: Experts Express Concerns Over Railway Operator Replacement

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

Economic experts are cautioning against the Liberian government’s plan to replace ArcelorMittal as the operator of the Buchanan-Yekepa railway, citing potential financial strain on taxpayers and essential services. The proposal …

Liberia: Experts Express Concerns Over Railway Operator Replacement Read More

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