Category Archives: Metals and Minerals

Metals and Minerals Press Releases & News distributed via EuropaWire

Boliden’s Multi-Billion Investment Drive: New Tech Breakthroughs and Environmental Commitments

(IN BRIEF) Boliden, a leading mining and smelting company, has unveiled a significant investment plan totaling SEK 4.8 billion in a new tank house at Rönnskär, set to enhance copper cathode and precious metal production by 2026. Additionally, investments in … Read the full press release

Norwegian Government and Industry Stakeholders Forge Agreement on CO2 Compensation Scheme for Decarbonization

(IN BRIEF) The Norwegian government, along with industry associations and trade unions, has finalized an agreement on the future of the Norwegian CO2 compensation scheme, slated to be effective from 2024 to 2030. This agreement, encompassing a maximum annual CO2 … Read the full press release

Supporting American Connectivity: Bekaert’s Messenger and Guy Strand Meets NTIA Buy America Guidelines

(IN BRIEF) Bekaert, a leading provider of innovative steel wire products, proudly announces its compliance with the NTIA Buy America guidelines for its messenger and guy strand product used in telecommunications infrastructure. This high-performance steel wire solution, manufactured at Bekaert’s … Read the full press release

thyssenkrupp Veerhaven Pioneers Climate-Friendly Pusher Tug Fleet for Steel Supply Chain Decarbonization

(IN BRIEF) thyssenkrupp Veerhaven, the Dutch logistics subsidiary of thyssenkrupp Steel Europe, is embarking on a groundbreaking initiative to design and commission climate-friendly pusher tugs for its fleet renewal. These innovative vessels, fueled by methanol and optimized for low-water capabilities, … Read the full press release

LME Clear Strengthens Board with Appointment of Claire Chapman

(IN BRIEF) LME Clear has appointed Claire Chapman, an accomplished legal professional with extensive experience in various sectors, as Independent Non-Executive Director of the Board. Currently serving as General Counsel, Company Secretary, and Chief People Officer at Hargreaves Lansdown plc, … Read the full press release

Hydro and NKT Forge Partnership for Low-Carbon Aluminium Power Cable Innovation

(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release

Outokumpu and Langh Ship Forge Green Shipping Alliance to Cut Carbon Emissions

(IN BRIEF) Outokumpu, a leading provider of sustainable stainless steel, has partnered with Finnish shipping firm Langh Ship to revolutionize short sea liner operations. By introducing energy-efficient and low-emission vessels, such as the inaugural multipurpose vessel Lovisa, Outokumpu aims to … Read the full press release

Outokumpu and Q Power Partner to Revolutionize Stainless Steel Production with Synthetic Methane Innovation

(IN BRIEF) Outokumpu, a key player in sustainable stainless steel production, has joined forces with Q Power, a Finnish Power-to-X technology firm, to embark on a venture aiming to explore the production of synthetic methane at Outokumpu’s Tornio site in … Read the full press release

Enhancing Mining Operations: Sandvik to Supply AutoMine® System to Codelco’s Chilean Mine Project

(IN BRIEF) Sandvik, a global leader in mining solutions, has secured a significant order from Codelco, the world’s largest copper producer. Valued at around SEK 300 million, the order is for Sandvik’s AutoMine® load and haul automation system to be … Read the full press release

Outokumpu Completes EUR 50 Million Share Buyback Program, Acquires 11 Million Shares

(IN BRIEF) Outokumpu has successfully concluded its share buyback program, announced on November 29, 2023, with a total expenditure of EUR 45,669,553.67 million. Under this initiative, Outokumpu repurchased 11,000,000 of its own shares, representing approximately 2.4% of the company’s total … Read the full press release

Outokumpu Oyj repurchased 269,993 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) In a recent update, Outokumpu has successfully concluded its share repurchase program, acquiring a total of 269,993 shares across various trading venues. The buyback initiative, initially announced on November 29, 2023, authorized by the Annual General Meeting, aimed … Read the full press release

Outokumpu Oyj repurchased 71,000 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has successfully concluded its share repurchase program, acquiring a total of 71,000 of its own shares across trading venues CEUX and XHEL. The company initiated the buyback program on November 29, 2023, … Read the full press release

Dr. Denis Hinz Appointed as New Head of SGL Carbon’s Carbon Fibers Business Unit

(IN BRIEF) Effective March 1, 2024, Dr. Denis Hinz will assume the role of Head of SGL Carbon’s Carbon Fibers Business Unit, succeeding Roland Nowicki, who will depart from the company on May 31, 2024, to pursue new endeavors. Nowicki, … Read the full press release

Outokumpu Oyj repurchased 60,404 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 60,404 of its own shares across various trading venues, amounting to EUR 249,067.53. This move follows the announcement of a share buyback program of up to 11 … Read the full press release

Outokumpu Oyj repurchased 543,921 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 543,921 of its own shares across various trading venues. This initiative, part of a larger buyback program announced in November 2023, aimed to repurchase up to 11 … Read the full press release

Outokumpu Oyj repurchased 267,107 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu finalized its share repurchase program on February 23, 2024, acquiring a total of 267,107 of its own shares across various trading venues. The company’s buyback initiative, initiated on November 29, 2023, aimed to repurchase a maximum of … Read the full press release

Outokumpu Oyj repurchased 39,634 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu concluded its share repurchase program, acquiring a total of 39,634 of its own shares across trading venues CEUX and XHEL on February 22, 2024. The weighted average price per share stood at EUR 4.1, totaling EUR 162,562.24. … Read the full press release

Aluminium Giant Hydro Collaborates with HILT CRC on Emission Reduction

(IN BRIEF) Hydro, a global aluminium producer, has partnered with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) to advance decarbonization efforts. Through this collaboration, Hydro aims to leverage research expertise and innovative technologies to reduce emissions in … Read the full press release

Anglo American Acquires Vale’s Serpentina Iron Ore Resource for Integration into Minas-Rio Mine

(IN BRIEF) Anglo American plc announces its acquisition of Vale SA’s high-quality iron ore resource, Serra da Serpentina, to integrate it into its Minas-Rio mine in Brazil. This transaction, facilitated by Vale’s contribution of Serpentina and cash, enables Anglo American … Read the full press release

Outokumpu Oyj repurchased 124,402 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has finalized its share repurchase program, acquiring a substantial number of treasury shares across multiple trading venues. With a maximum of 11 million shares earmarked for repurchase and approval from the Board … Read the full press release

Heraeus Invests in Sustainable Ammonia Technology with Japanese Startup Tsubame BHB

(IN BRIEF) Heraeus, a technology group based in Hanau, Germany, has made a strategic investment in the Japanese startup Tsubame BHB, marking its commitment to sustainable technologies and expanding its presence in Japan. Tsubame BHB specializes in developing environmentally friendly … Read the full press release

Outokumpu Oyj repurchased 183,340 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) On February 20, 2024, Outokumpu finalized the repurchase of its own shares as part of a previously announced buyback program. The transactions, conducted across various trading venues, resulted in the acquisition of 183,340 shares at a total cost … Read the full press release

Outokumpu Oyj repurchased 2,744 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, concluded its share buyback program initiated in November 2023, purchasing a total of 2,744 shares across trading venues. The company had authorized a maximum buyback of 11 million shares with a budget … Read the full press release

thyssenkrupp Steel Partners with RWE to Power Direct Reduction Plant with Green Electricity

(IN BRIEF) thyssenkrupp Steel and RWE have entered into a significant long-term Power Purchase Agreement (PPA) to supply green electricity to the first direct reduction plant at the Duisburg location, marking a pivotal step in the tkH2Steel transformation project. The … Read the full press release

De Grey Mining Awards Metso Orders for Key Equipment at Hemi Gold Project

(IN BRIEF) De Grey Mining Limited has contracted Metso to supply crucial equipment, including a Superior™ MKIII 50-65 primary gyratory crusher and two 14MW Premier™ ball mills, for its Hemi Gold Project in Western Australia’s Pilbara region. With a combined … Read the full press release

Outokumpu Oyj repurchased 4,265 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu finalized the repurchase of its own shares on February 16, 2024, as part of its previously announced buyback program. The company acquired a total of 4,265 shares across trading venues, totaling EUR 17,743.85. This move aligns with … Read the full press release

Norsk Hydro ASA Secures USD 1 Billion Credit Facility for General Corporate Purposes

(IN BRIEF) Norsk Hydro ASA announced the signing of a USD 1,000 million revolving multi-currency credit facility on February 15, 2024. The facility, with a two-year tenor and a one-year extension option, replaces the company’s previous undrawn USD 1,300 million … Read the full press release

thyssenkrupp Steel Launches Tender for Hydrogen Supply in Decarbonization Drive

(IN BRIEF) thyssenkrupp Steel has initiated a call for tenders to supply hydrogen to its first direct reduction plant as part of the tkH2Steel decarbonization project. The project aims to transition to 100% hydrogen operation by 2029, with hydrogen use … Read the full press release

Outokumpu Oyj repurchased 80,325 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu finalized its share repurchase program on February 15, 2024, purchasing shares on two trading venues. The total cost amounted to EUR 330,701.62 for 80,325 shares. This action is in line with the company’s previously announced buyback program … Read the full press release

Outokumpu Oyj repurchased 350,906 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has finalized the repurchase of its own shares, as outlined in its recently announced buyback program. The company completed transactions across multiple trading venues, acquiring a total of 350,906 shares at an average price of EUR 4.1 … Read the full press release

Outokumpu and V-ZUG Pioneer Green Stainless Steel for Sustainable Appliances

(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, joins forces with V-ZUG, a Swiss premium home appliance manufacturer, to introduce the world’s first towards-zero stainless steel. Utilizing Outokumpu Circle Green®, boasting up to a remarkable 93% reduction in carbon … Read the full press release

thyssenkrupp’s Fiscal Performance Aligned with Expectations Despite Market Challenges

(IN BRIEF) thyssenkrupp’s operational performance in the first quarter of the 2023/2024 fiscal year remained steady amidst a challenging market landscape. With order intake at €8.0 billion and sales at €8.2 billion, the company faced economic effects leading to declines, … Read the full press release

Outokumpu Oyj repurchased 51,461 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has successfully concluded its share repurchase program, acquiring its own shares across various trading venues. With meticulous detail provided on the number of shares, weighted average prices, and total costs, the company has demonstrated transparency in its … Read the full press release

Chemetall Elevates Aluminum Solutions with Launch of Global Competence Center in Giussano, Italy

(IN BRIEF) Chemetall, a leading global supplier of surface treatment solutions, inaugurates its cutting-edge Global Aluminum Competence Center in Giussano, Italy, signaling a significant stride in the aluminum application arena. The center consolidates Chemetall’s extensive expertise in aluminum surface treatment, … Read the full press release

GKN Powder Metallurgy Attains EcoVadis Platinum Rating, Setting Industry Standards in Sustainability

(IN BRIEF) GKN Powder Metallurgy has achieved the prestigious EcoVadis Platinum Rating, positioning the company in the top 1% globally for sustainability performance across its 27 manufacturing sites. Recognized for excellence in Labour & Human Rights, Environment, Ethics, and Sustainable … Read the full press release

Metso Secures EUR 10 Million Contract for Copper Flash Smelting Furnace Rebuild with Aurubis Bulgaria AD

(IN BRIEF) Aurubis Bulgaria AD has contracted Metso for a significant copper Flash Smelting Furnace rebuild project in Bulgaria’s Zlatitsa-Pirdop Valley, surpassing EUR 10 million in value. This collaboration marks another milestone in the longstanding partnership between the two companies, … Read the full press release

Glencore PLC Implements Care and Maintenance Plan for Koniambo Nickel SAS

(IN BRIEF) The shareholders of Koniambo Nickel SAS (KNS), including Société Minière du Sud Pacifique SA (SMSP) and Glencore plc, have decided to transition KNS into care and maintenance due to high operating costs and weak nickel market conditions. Glencore … Read the full press release

Outokumpu Oyj repurchased 877 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) In its latest move, Outokumpu has finalized the repurchase of its own shares as per the announced buyback program. On February 9, 2024, the company acquired 877 shares at an average price of 4.114 EUR per share, amounting … Read the full press release

Outokumpu Oyj repurchased 9,603 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has successfully concluded the repurchase of its own shares according to the schedule outlined on February 8, 2024. The company disclosed the completion of share repurchases across various trading venues, totaling 9,603 … Read the full press release

Outokumpu Oyj repurchased 472,817 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, on February 7, 2024, finalized its repurchase of its own shares as part of a previously announced buyback program initiated on November 29, 2023. Under this program, Outokumpu had aimed to repurchase a maximum of 11 million … Read the full press release