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Johnson Matthey (JMPLY) Sells Medical Device Unit for $700M https://www.zacks.com/stock/news/2246137/johnson-matthey-jmply-sells-medical-device-unit-for-700m?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2246137 Mar 26, 2024 - Johnson Matthey (JMPLY) finalizes the sale of its Medical Device Components business to Montagu Private Equity for $700 million, completing its Value Businesses divestment program.
Commercial Metals (CMC) Earnings Beat Estimates in Q2, Dip Y/Y https://www.zacks.com/stock/news/2245125/commercial-metals-cmc-earnings-beat-estimates-in-q2-dip-y-y?cid=CS-ZC-FT-analyst_blog|earnings_article-2245125 Mar 22, 2024 - Commercial Metals (CMC) second-quarter top line reflects the ongoing challenging environment in Europe.
Nexa Resources (NEXA) Halts Operations at Morro Agudo Complex https://www.zacks.com/stock/news/2243664/nexa-resources-nexa-halts-operations-at-morro-agudo-complex?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2243664 Mar 20, 2024 - Nexa Resources (NEXA) temporarily suspends mining operations at its Morro Agudo Complex in Brazil as part of its portfolio optimization plans.
Higher Prices to Drive U.S. Steel's (X) Flat-Rolled Unit in Q1 https://www.zacks.com/stock/news/2243025/higher-prices-to-drive-u-s-steel-s-x-flat-rolled-unit-in-q1?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2243025 Mar 19, 2024 - U.S. Steel (X) anticipates solid Q1 earnings driven by strong demand and efficiency improvements, with some headwinds in the Tubular segment.
Buenaventura (BVN) Gets Operating Permit for Yumpag Mine https://www.zacks.com/stock/news/2242936/buenaventura-bvn-gets-operating-permit-for-yumpag-mine?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2242936 Mar 19, 2024 - Buenaventura (BVN) is set to start 1,000-ton-per-day continuous mining at its Yumpag mine.
Wheaton Precious (WPM) Gains on Solid Portfolio Amid Low Output https://www.zacks.com/stock/news/2242410/wheaton-precious-wpm-gains-on-solid-portfolio-amid-low-output?cid=CS-ZC-FT-analyst_blog|zer_report_update-2242410 Mar 18, 2024 - Wheaton Precious (WPM) benefits from its diversified portfolio despite lower output at some of its mines.
All You Need to Know About Ecolab (ECL) Rating Upgrade to Strong Buy https://www.zacks.com/stock/news/2242354/all-you-need-to-know-about-ecolab-ecl-rating-upgrade-to-strong-buy?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2242354 Mar 18, 2024 - Ecolab (ECL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Southern Copper (SCCO) Bets on Strong Projects Amid Cost Woes https://www.zacks.com/stock/news/2242399/southern-copper-scco-bets-on-strong-projects-amid-cost-woes?cid=CS-ZC-FT-analyst_blog|zer_report_update-2242399 Mar 18, 2024 - Southern Copper (SCCO) is poised to grow on the back of its copper reserves and solid growth projects. However, inflationary pressures will impact margins in the near term.
Wheaton (WPM) Q4 Earnings & Revenues Beat Estimates, Rise Y/Y https://www.zacks.com/stock/news/2241551/wheaton-wpm-q4-earnings-revenues-beat-estimates-rise-y-y?cid=CS-ZC-FT-analyst_blog|earnings_article-2241551 Mar 15, 2024 - Wheaton's (WPM) fourth-quarter results reflect increased average realized gold prices and higher GEOs sold.
ArcelorMittal (MT) Inks Agreement to Acquire Stake in Vallourec https://www.zacks.com/stock/news/2240199/arcelormittal-mt-inks-agreement-to-acquire-stake-in-vallourec?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2240199 Mar 13, 2024 - ArcelorMittal (MT) to acquire a 28.4% stake in Vallourec. This will enhance downstream presence with a focus on Vallourec's expertise and low-carbon production centers.

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