Exploring Cardano: Inner Workings and Advantages of this Cryptocurrency
Seville.- Economy.- Innova.- STSA inaugurates its new painting and sealing hangar in San Pablo, for 18 million
Innova.- More than 300 volunteers join the Andalucía Compromiso Digital network in one month to facilitate access to ICT
Innova.-AMP.- Ayesa acquires 51% of Sadiel, which will create new technological engineering products and expand markets
Cos bids farewell to Congress warning that the lack of political consensus "affects economic prospects"
Two workers died and one injured when two floors collapsed in a building under construction in Fuencarral
The Government will wait until after the European elections to propose measures on democratic regeneration
The PP sees Puente as Sánchez's "servant" and the PSOE as a "sect", and the minister accuses them of putting on a show
How Blockchain in being used to shape the future
Not just BTC and ETH: Here Are Some More Interesting Coins Worth Focusing on
They develop devices for the precise diagnosis of cancer patients
UMH researchers are working on a high-quality apricot crop that requires less irrigation water
The UPV develops an application to improve the quality of life of patients with glioblastoma
A sensor system obtains the fingerprint of essential oils and detects if they have been adulterated
A million people demonstrate in France against Macron's pension reform
Russia launches several missiles against "critical infrastructure" in the city of Zaporizhia
A "procession" remembers the dead of the Calabria shipwreck as bodies continue to wash up on the shore
Prison sentences handed down for three prominent Hong Kong pro-democracy activists
ETH continues to leave trading platforms, Ethereum balance on exchanges lowest in 3 years
Investors invest $450 million in Consensys, Ethereum incubator now valued at $7 billion
Alchemy Integrates Ethereum L2 Product Starknet to Enhance Web3 Scalability at a Price 100x Lower Than L1 Fees
Mining Report: Bitcoin's Electricity Consumption Declines by 25% in Q1 2022
Oil-to-Bitcoin Mining Firm Crusoe Energy Systems Raised $505 Million
Microbt reveals the latest Bitcoin mining rigs -- Machines produce up to 126 TH/s with custom 5nm chip design
Bitcoin's Mining Difficulty Hits a Lifetime High, With More Than 90% of BTC Supply Issued
The Biggest Movers are Near, EOS, and RUNE during Friday's Selloff
Global Markets Spooked by a Hawkish Fed and Covid, Stocks and Crypto Gain After Musk Buys Twitter
Bitso to offset carbon emissions from the Trading Platform's ERC20, ETH, and BTC Transactions
Draftkings Announces 2022 College Hoops NFT Selection for March Madness
MADRID, 8 Dic. (EUROPA PRESS) -
Steel group ArcelorMittal has completed the sale of ArcelorMittal Temirtau, its mining and steel operation in Kazakhstan, to the state-controlled Qazaqstan Investment Corporation (QIC), the company said.
Under the terms of the transaction, ArcelorMittal received consideration of $286 million (€265 million) at closing and another $250 million (€232 million) as payment for outstanding intragroup dues.
ArcelorMittal will also receive an additional payment guaranteed by the sovereign fund of 450 million dollars (417 million euros), payable in four equal annual installments, as payment for an intra-group loan.
Thus, all assets of ArcelorMittal Temirtau have been transferred "as is", meaning that QIC has assumed control and responsibility for the operations of ArcelorMittal Temirtau, whose name will change.
At the end of October, ArcelorMittal confirmed that following discussions that had been held "for months" with the Government of Kazakhstan, a preliminary agreement had been reached to transfer ownership of ArcelorMittal Temirtau to the Republic of Kazakhstan.
