PARIS (Reuters) – The French government announced an agreement with ArcelorMittal on Friday evening regarding the future of Florange, thus avoiding having to carry out its threat to nationalize the Moselle steelworks. The Prime Minister announced that the steel giant had agreed to invest 180 million euros over five years in the steel processing part […]
Paris avoids nationalizing Florange, Mittal will invest Read More »
PARIS (Reuters) – Industry Minister Arnaud Montebourg says a potential buyer for ArcelorMittal’s Florange site has been found and is willing to invest 400 million euros to renovate it. The French government has found a potential buyer for steelmaker ArcelorMittal’s Florange site in northeast France, Industry Minister Arnaud Montebourg said on Wednesday. « We have a buyer
French govt. finds potential buyer for ArcelorMittal site Read More »
Paris (Le Figaro) – The government has found a buyer for the ArcelorMittal site in Florange (Moselle), which is ready to invest nearly 400 million euros if the steelmaker agrees to sell it, said the Minister for Industrial Renewal, Arnaud Montebourg, today . He reiterated during the question period in the National Assembly that the French authorities were now expecting proposals
France vs ArcelorMittal: The State has found a buyer for the Florange site (Montebourg) Read More »
The resignation announced on Friday of Cynthia Carroll, the head of mining giant Anglo American, the world’s number 1 platinum producer, did not surprise insiders, as the group strives to emerge from a violent social crisis in South Africa.”Shareholder discontent had been evident for some time,” Canadian bank BMO noted in an analysis. Just last
The head of mining giant Anglo American resigns amid social turmoil Read More »
