EnergyX raises another $50 million, opens new production facility in Austin, Texas
The company's technology has raised over $110 million and is backed by investors including General Motors, Eni, and POSCO.
The White House said on Wednesday that the review process of Nippon Steel’s proposed purchase of US Steel is ongoing and that it knows of no delay or extension.
A source told Reuters this week that the US national security panel reviewing Nippon Steel’s $14.9 billion bid for US Steel let the companies refile their application for approval of the deal, delaying a decision on the politically sensitive merger until after the Nov. 5 presidential election.
(By Trevor Hunnicutt and Stephanie Kelly)
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