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Thyssenkrupp boards working hard to get Tata Steel deal-staff memo

18th June 2018 Thyssenkrupp needs to quickly clinch a deal for a planned European steel joint venture with Tata Steel, its chief executive said in an internal letter, adding this was necessary to determine the group's long-term strategy. "Therefore we are in close consultations with the supervisory board,"... 

Rusal sanctions seen risk to Kazakh coal venture – Samruk Energy

24th April 2018 The Bogatyr Komir coal mining joint venture between Kazakhstan's state-run Samruk Energy and Rusal could face risks linked to US sanctions against the Russian aluminium producer, Samruk said on Tuesday. Bogatyr Komir produces 41-million tonnes of coal a year, which it sells in Kazakhstan and... 

Conference to shed light on CO2-based production technologies

9th March 2018 The sixth edition of the international Carbon Dioxide as Feedstock for Fuels, Chemicals and Polymers conference will take place in Cologne, Germany in mid-March. More than 200 industry and research experts are expected to attend the symposium. Organiser, independent institute Nova-Institute, has... 

After 2017 consolidation, mining to pre-empt future metals demand – EY

20th February 2018 With stronger balance sheets across the mining and metals sector, miners are increasingly returning to an investment-led strategy, which is driving a renewed focus on building portfolios that deliver sustainable shareholder returns, says multinational consultancy Ernst & Young (EY). The focus... 
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AfDB approves $250m risk participation agreement with ABSA

The African Development Bank (AfDB), this week, approved an unfunded $250-million risk participation agreement (RPA) with ABSA Bank. This RPA, housed within the AfDB’s Trade Finance operations, will enhance African issuing banks’ ability to leverage trade financing through a multisectorial approach. 

FCA South Africa appoints new CFO, head of network development

Fiat Chrysler Automobiles (FCA) South Africa has appointed Juan Wheeler CFO and Daniell Theron head of network development. He has served in various regions within Ford Motor Company for the last 20 years including South Africa, South East Asia and the Middle East. 
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