Indonesian nickel company Merdeka Battery Materials, a unit of Merdeka Copper Gold plans to raise up to 8.745 trillion rupiah ($580.29 million) in an initial public offering in April, a prospectus published on Tuesday showed. It will be the second nickel firm in Indonesia to go public this year after PT Trimegah Bangun Persada of the Harita conglomerate group,… Continue reading Nickel company Merdeka Battery Materials looks to raise $580m in Indonesia IPO
Tag: Manufacturing
India Digest: pi Ventures raises $2.6m; Artha India invests in BuuPass; Sequoia backs Nimbbl
pi Ventures has raised $2.6 million from Belgian conglomerate Colruyt Group’s IT arm while Artha India Ventures has joined the round for Kenyan B2B2C mobility marketplace BuuPass. Separately, Sequoia Capital India and Global Founders Capital have backed Indian fintech Nimbbl’s seed and pre-Series A funding. pi Ventures raises $2.6m AI and deep tech-focused early-stage firm… Continue reading India Digest: pi Ventures raises $2.6m; Artha India invests in BuuPass; Sequoia backs Nimbbl
Allison Transmission Selected to Equip AM General’s A2 Version of the Joint Light Tactical Vehicle
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles will provide the Allison 2500 Specialty Series™ (SP) transmission for AM General’s A2 version of the Joint Light Tactical Vehicle (JLTV). The JLTV is used by the U.S. Army, Navy, Marine Corps and… Continue reading Allison Transmission Selected to Equip AM General’s A2 Version of the Joint Light Tactical Vehicle
Himachal Pradesh, HLC Green Energy sign MoU; investments of INR 4,000 cr expected
The land requirement for this project is around 20-25 acres and likely to be set up in Una and Kangra due to water and logistics suitability. Shimla : An MoU was signed between Himachal Pradesh and HLC Green Energy LLC here on Monday for collaboration on green hydrogen. Chief Minister Sukhvinder Singh Sukhu said he… Continue reading Himachal Pradesh, HLC Green Energy sign MoU; investments of INR 4,000 cr expected
U.S. auto union leader promises fight to get workers a ‘fair share’
On the UAW president’s agenda are ending the current two-tier wage system under which new hires at Detroit Three plants earn 25% less than UAW workers with five or more years on the job. Shawn Fain, the new president of the United Auto Workers union, on Monday said he is ready to go to war… Continue reading U.S. auto union leader promises fight to get workers a ‘fair share’
In renewed push, Spain to tender EU funds for EVs, batteries in July
Several potential battery cell plants projects also hinge on the PERTE funds. Spain plans to launch two tenders simultaneously around July to pick the recipients of 2 billion euros ($2.16 billion) of EU funds for electric vehicle (EV) and battery production it had failed to allocate last year, a senior government official said. Jose Maria… Continue reading In renewed push, Spain to tender EU funds for EVs, batteries in July
Vencer Sarthe Supercar Debuts In Production Trim – Motor Authority
Vencer Sarthe Supercar Debuts In Production Trim Motor Authority Go to Source
Vencer Sarthe Production Spec Revealed With New Supercharged V8 – CarScoops
Vencer Sarthe Production Spec Revealed With New Supercharged V8 CarScoops Go to Source
Adient will participate in the Bank of America Global Auto Summit
PLYMOUTH, Mich., March 28, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, will participate in the Bank of America Global Auto Summit on Tuesday, April 4, 2023. Adient’s executive vice president and CFO, Jerome Dorlack, will take part in a fireside chat at 2:10 p.m. eastern daylight time. A live webcast… Continue reading Adient will participate in the Bank of America Global Auto Summit
Seaspan Announces Completion of Acquisition of Atlas by Poseidon Acquisition Corp.
LONDON, UK, March 28, 2023 /PRNewswire/ – Seaspan Corporation (“Seaspan”), a wholly owned subsidiary of Atlas Corp. (“Atlas” or the “Company”) (NYSE: ATCO), today announced that the Company and Poseidon Acquisition Corp. (“Poseidon”) an entity formed by certain affiliates of Fairfax Financial Holdings Limited (“Fairfax”), certain affiliates of the Washington Family (“Washington”), David Sokol, Chairman… Continue reading Seaspan Announces Completion of Acquisition of Atlas by Poseidon Acquisition Corp.