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21 Jun
17:07

Acquiring USS would exacerbate decarbonisation costs: Nippon shareholders

Nippon Steel’s acquisition of US Steel and its 11 blast furnaces would drastically increase the Japanese company’s decarbonising expenses, according to some concerned Nippon shareholders. Brynn O'Brien, executive director of the Australasian Centre for Corporate Responsibility (ACCR), a group that holds less than 1% of shares in Nippon, has asked the company to address its climate goals as it pursues ownership of the Pittsburgh, Pennsylvania-based …
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