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Tuesday’s Top Mining Stories Steel Giants, Renewable Energy, & Lithium Delights: Exciting Developments in the Mining Sector


Highlights of Feb. 20, 2024:

1. Nucor Corporation (NUE) declared a quarterly cash dividend of $0.54 per share, continuing its 204th consecutive quarterly dividend streak. The dividend will be payable on May 10, 2024, to shareholders of record on March 28, 2024.

2. Commercial Metals Company (CMC) welcomed Dennis V. Arriola to its Board of Directors, effective March 19, 2024.

3. ZK International Group Co., Ltd. (ZKIN) successfully completed the second subscription of its $5 million total private placement offering from the Bahamas-based CF Opportunity Fund Ltd, securing an investment of $2 million aimed at driving accelerated growth.

4. Foremost Lithium Resource & Technology Ltd. (FMST) joined the Webull Corporate Connect Service (CCS) platform to enhance communication with its shareholders.

5. Sayona Mining (SYA) revealed a feasibility study for its Moblan Lithium Project in Québec, projecting a post-tax NPV(8%) of C$2.2 billion and potential revenues of C$14.4 billion over 21.1 years.

Now Read: Energy Transition Metals At Stake: Potential US Mining Law Update Pits Industry Against Environmentalists

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