Category: Industry
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…
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…
Platinum Equity to Acquire Héroux-Devtek
In a notable development in the aerospace industry, US investment firm Platinum Equity Advisors has agreed to…
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…
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…
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…
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,…
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…
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…
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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