LONDON — Indian firm Tata Steel announced Friday it will close both blast furnaces at its plant in Port Talbot, Wales, eliminating 2,800 jobs, as part of plans to make its unprofitable U.K. operation leaner and greener. Tata plans to switch from coal-fired blast furnaces to electric arc furnaces, which emit less carbon — and … Read more
PALU, Indonesia — The death toll following the explosion of a smelting furnace at a Chinese-owned nickel plant on Indonesia’s Sulawesi island rose to 18 on Tuesday, as police ordered the plant to stop operations until an investigation into the incident is completed. The accident, which occurred on Sunday, was the latest in a series … Read more
PALU, Indonesia — A smelting furnace exploded Sunday at a Chinese-owned nickel plant on Indonesia’s Sulawesi island, killing at least 13 workers and injuring dozens of others, police and a company official said. It was the latest in a series of deadly incidents at nickel smelting plants in Indonesia that are part of China’s ambitious … Read more
LONDON — Kazakhstan confirmed the nationalization of ArcelorMittal Temirtau which operates the country’s largest steel plants and several coal and ore mines following a coal mine fire that killed on Saturday, according to emergency services, at least 32 workers while another 14 remained unaccounted for. Some 252 people were working at the Kostenko coal mine … Read more