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Thyssenkrupp to build new metal service center in Mexico
Thyssenkrupp Materials Services will invest $37 million to build a new metals service center in Mexico that will serve automotive customers in North America. The new site in San Luis Potosí, expected to be operational in mid-2023, will specialize in supplying...
Steel: sales in Japan fall for 11th month in July
In July, domestic sales of carbon steel in Japan fell for the 11th month by 11.1 percent year-on-year to about 2.95 million tons, marking the third month below 3 million tons, according to data released by the Japan Iron & Steel Federation (JISF) on Sept. 16. A...
Copper and gold: Philippines revokes permit for Tampakan project
The Philippines' local government has canceled Sagittarius Mines' permit for the Tampakan copper-gold project in South Cotabato province, citing concerns for the survival of hundreds of indigenous people living nearby. Tampakan, considered the largest untapped copper...
Copper and zinc: Agnico Eagle will buy a stake in Teck Resources’ Mexican mine
Agnico Eagle Mines has agreed to acquire a 50 percent interest in Teck Resources' subsidiary, Minas de San Nicolas (MSN), which owns the San Nicolás copper-zinc mine development project located in Zacatecas, Mexico. Upon completion of the transaction, Teck and Agnico...