Ford plans to invest more than $850 million to add more production capacity at a second U.S. factory for its next-generation battery-electric vehicle program. The investment, which will be made through 2023, will focus on expanding Ford's Flat Rock Assembly Plant in southeast Michigan. The plant investment also includes funding to build the next-generation Mustang [...]
Park has so far drawn Rs 1800 crore investments. : Tata Steel Special Economic Zone Ltd (TSSEZ) is in advanced talks with two chemicals companies and a 100 per cent export oriented unit to set up facilities at the industrial park at Gopalpur off the coast of south Odisha. TSSEZ is the developer for the park sprawling over 2900 acres. The industrial park is split into Special Economic Zone (SEZ) notified over 1235 acres and the residual stretch of land designated as the domestic tariff area (DTA).
An abundance of critical minerals and world-class mining expertise could provide Australia with an avenue for further economic growth, a new report by Geoscience Australia has found. Resources and Northern Australia Minister Matt Canavan said on Frida...
Hyderabad-based Gemini Edibles & Fats India Pvt Ltd, the firm behind Freedom brand of oils, has proposed to install a refined vegetable oil manufacturing unit within the Gopalpur industrial park.
Pressure of domestic Aluminum and copper companies continues, may ease if prices rise sharply. : Base metal prices have been rallying since the beginning of the year, with practically every commodity in the category on the uptrend. While the average price rise in copper and zinc is 3-5 per cent, nickel, iron ore and steel prices are up in double digits. Analysts say while fundamentals in the metal segment are supporting a bullish trend, sentiments are not supportive of a bigger rally, as large buyers and investors are postponing their purchase decisions till trade war scene comes clear.
OXFORD, England, Feb. 12, 2019 /PRNewswire/ -- OXIS Energy Ltd UK ("OXIS") has signed a contract with CODEMGE PARTICIPACOES SA, a public company incorporated in the city of Belo Horizonte in the state of Minas Gerais, Brazil to establish the world's first digital manufacturing plant for...
Could Promise Of 'spillover' Revenue Make Infrastructure Investment More Attractive For Private Sector? | South China Morning Post
The estimated cost of supplying the world - and its fastest growing region of Asia in particular - with infrastructure such as transport, energy and communications systems over the next couple of decades runs into trillions of dollars, and the gap between the finance needed and what is being spent at present likewise amounts to thousands of billions. How is the gap to be closed if economic growth and social welfare are not to suffer? Policymakers have been wracking their brains...
When the commission vetoed the rail merger, France's finance minister and Germany's economic minister immediately made plans to adopt a joint initiative to make it easier to carry out cross-border deals. Such reactions amount to histrionics, write Lina Saigol.
Iron Ore Prices Are Surging And Some Analysts Are Tipping It Will Hit Levels Not Seen Since 2014 - Abc News (australian Broadcasting Corporation)
Iron ore is now closing in on prices last seen five years ago, and while the spike may be temporary, some analysts see a shift to a supply deficit lasting well into next year.
Venezuela's exports have already fallen to little more than 1 million barrels per day (bpd) in 2018 from 1.6 million bpd in 2017, according to Refinitiv ship-tracking data and trade sources.