NGOs expose global surge in new met coal mines, expansions
The first-ever Metallurgical Coal Exit List (MCEL) names the companies driving hundreds of new metallurgical coal projects and expansions.
ArcelorMittal South Africa (AMSA), a subsidiary of ArcelorMittal, the world’s biggest steelmaker, this week announced an agreement which may see the acquisition of an iron ore “resource” in the Northern Cape.
At the same time, parent company ArcelorMittal announced its first quarter earnings, where, for the first time, it reported its mining interests as a separate segment.
