ArcelorMittal, the world's biggest steelmaker, bought a 14.9 percent stake in Australia's Macarthur Coal Ltd. and is seeking talks with the coal producer.

ArcelorMittal, the world’s largest steelmaker, and Peabody Energy Corp. agreed to buy Macarthur Coal Ltd. after sweetening their bid, valuing the Australian producer at A$4.8 billion ($5.2 billion).

ArcelorMittal (NYSE:MT) stock has been on a roll, increasing over 16% in just the last month after posting better-than-expected results for Q1 of 2025 and a positive outlook for the year. However ...

MELBOURNE, Australia -- Steel producer ArcelorMittal paid 631 million Australian dollars (US$604.6 million) for a 14.9% stake in Australia's Macarthur Coal Ltd., in a move that appears to have ...

ArcelorMittal in capital raising after big loss ...

ArcelorMittal MT recorded first-quarter 2025 profit of $805 million or $1.04 per share, down from $938 million or $1.16 in the year-ago quarter. Earnings surpassed the Zacks Consensus Estimate of ...

To get a sense of who is truly in control of ArcelorMittal S.A. (AMS:MT), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the ...

London: Global steel player ArcelorMittal has increased its stake in Australia’s Macarthur Coal to 19.9% through purchase of a further 5% from Talbot Group Holdings, a company owned by Ken ...

ArcelorMittal MT-1.23%decrease; red down pointing triangle said it is looking at the possibility of moving some business-support activities to India from Europe to cut costs in the face of a ...

ArcelorMittal, the world’s biggest steel producer, says US and European markets are stabilising after record Chinese steel exports last year caused prices to plummet around the globe.

Melbourne/London: World’s biggest steelmaker, ArcelorMittal, may offer at least 4.2 billion Australian dollars (Rs17,080 crore) for Australia’s Macarthur Coal Ltd to secure supplies as prices ...

Shares in Australian miner Macarthur Coal Ltd <MCC.AX> were put on a trading halt on Monday pending an announcement from the company on the outcome of talks with steel-maker ArcelorMittal <;ISPA ...