Video: LSE-listed uranium junior Power Metals lands in North America
The company holds a portfolio including precious, base and strategic metal exploration in North America, Africa, Saudi Arabia and Australia.
The United Steelworkers (USW) signed a non-disclosure agreement with Nippon Steel, the union said on Monday, as the Japanese company remains on track to finalize its planned $15 billion acquisition of US Steel.
However, the union said even with the agreement, Nippon has not provided it with all of the information requested.
The world’s fourth-largest steelmaker’s planned deal has drawn criticism from Democratic and Republican lawmakers and the powerful USW union.
Nippon Steel aims to gain consent from the USW, the main union at US Steel, by emphasizing the deal would strengthen the US company’s profitability and finances, leading to stable employment.
(By Kannaki Deka; Editing by Maju Samuel)
Read More: Nippon Steel’s China assets raise concerns over US deal
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