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Industry
Industry
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SMP
Rio Tinto to Invest $165 Million in Grande-Baie Anode Furnaces Overhau
Rio Tinto, the UK-Australian mining giant, plans to invest $165 million to refurbish two carbon-anode baking furnaces at…
Industry
·
SMP
Vinfast Lowers EV Sales Target, Delays US Plant Production
Vietnamese electric vehicle (EV) manufacturer Vinfast Auto has revised its 2024 EV delivery target downward and postponed the…
Industry
·
SMP
Platinum Equity to Acquire Héroux-Devtek
In a notable development in the aerospace industry, US investment firm Platinum Equity Advisors has agreed to…
Industry
·
SMP
Volkswagen and QuantumScape Strengthen Partnership for Solid-State Battery Production
Volkswagen (VW) has entered into a licensing agreement with QuantumScape, a US-based company, to enhance electric vehicle…
Industry
·
SMP
Toyota Supports Ionna’s EV Charging Expansion
Toyota is making a notable move into the electric vehicle (EV) sector by investing in Ionna, a rapidly growing EV…
Industry
·
SMP
Boeing to Plead Guilty in 737 MAX Case
Boeing has agreed to plead guilty to a felony in a settlement with the U.S. Department of Justice (DOJ), thus avoiding a criminal…
Industry
·
SMP
Boeing’s Deliveries and Orders Drop Sharply in Second Quarter
In the recent quarter, aerospace giant Boeing experienced a substantial drop in both aircraft deliveries and new orders,…
Industry
·
SMP
Maruichi Steel Tube plans new stainless steel tube plant for semiconductor equipment, invests ¥48 billion
Japan’s Maruichi Steel Tube announced its plan to establish a new plant for stainless steel tubes used in semiconductor…
Industry
·
SMP
SEAISI: “ASEAN’s Expansion of Coal-Based Blast Furnace Production Capacity Raises Carbon Neutrality Concerns”
Steel production capacity in the ASEAN region is projected to reach 184.5 million tons by 2029-2030, exposing vulnerabilities…
Industry
·
SMP
NASA Boosts U.S. Economy with 3D-Printable Superalloy License
NASA’s investment in a breakthrough superalloy developed for extreme temperatures and harsh conditions is on the verge…
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