(IN BRIEF) From September 10 to 14, 2024, KUKA will be showcasing advanced metalworking automation at AMB in Stuttgart. At Booth C71 in Hall 6, KUKA will demonstrate the ease of integrating robots with their KUKA.PLC mxAutomation software and the … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has allocated a €300 million loan to voestalpine AG, Europe’s third-largest steelmaker, to support a four-year research and development initiative aimed at enhancing sustainability and reducing carbon emissions. Key focuses include optimizing manufacturing … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged Austria, EIB, Gerald Mayer, green steel, partnership, sustainability, Thomas Östros, voestalpine
(IN BRIEF) Hindalco Industries Limited, a key player in aluminum and copper production, has awarded Metso a significant contract to build India’s first electronic waste recycling facility near their Birla copper unit in Gujarat. This greenfield project aims to annually … Read the full press release
(IN BRIEF) Thiess, a prominent global mining services provider, has secured a substantial four-year contract extension with BHP Mitsubishi Alliance (BMA) for operations at the Caval Ridge mine in Queensland, Australia. Valued at $580 million, the contract reaffirms Thiess’ role … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Spain
Tagged Actividades de Construcción y Servicios (ACS), Australia, BHP Mitsubishi Alliance (BMA), Caval Ridge mine, Michael Wright, partnership, Rae O’Brien, sustainability, Thiess
(IN BRIEF) SGS has launched multiple sustainable initiatives across North America aimed at extracting critical battery metals more responsibly. These efforts include pioneering environmentally friendly methods for mining nickel and cobalt sulfates from the seafloor with The Metals Company, supporting … Read the full press release
(IN BRIEF) Metso unveils the reintroduction of its OtoVentTM off-gas treatment technology, designed to quench various types of off-gases in non-ferrous and ferrous metallurgical processes, as well as in oil, gas, and chemical plants. Widely utilized in modern copper smelters, … Read the full press release
(IN BRIEF) Today, MYTILINEOS Energy & Metals unveiled its new corporate brand and refreshed corporate image, marking a significant milestone in its evolution towards global expansion, innovation, and growth. The announcement, made by Chairman and CEO Evangelos Mytilineos during the … Read the full press release
Posted in Business, Greece, Industrial, Management, Marketing, Metals and Minerals, News
Tagged Evangelos Mytilineos, expansion, Metlen, MYTILINEOS Energy & Metals, Rebranding
(IN BRIEF) BBVA, in its commitment to decarbonization, has expanded its intermediate emission reduction targets for 2030 to include the real estate sector in Spain and the global aluminum industry. These sectors join the list of targets set by the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Real Estate, Spain
Tagged aluminum, BBVA, Emission Reduction Targets, Javier Rodríguez Soler, partnership, real estate, sustainability
(IN BRIEF) Hydro Extrusion in Sweden takes a significant step towards achieving zero emissions by initiating onsite production of renewable energy. The company, through its renewable energy subsidiary Hydro Rein, completes phase one of the project, installing rooftop and ground-mounted … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Sweden
Tagged Hydro, Hydro Extrusion, Jacob Reeckmann, Marianne Wergeland Jenssen, Onsite Renewable Energy Production, partnership, sustainability, Sweden, zero emissions
(IN BRIEF) Outokumpu has appointed Ulla Paajanen as the Senior Vice President of Investor Relations & Strategic Advisory, effective June 3, 2024. With extensive experience in capital markets, particularly within the process industry, Ulla brings a wealth of knowledge in … Read the full press release
(IN BRIEF) Scania announces the commencement of sales for its autonomous mining trucks, marking a significant milestone in the realization of autonomous transport. The company’s self-driving mining solutions offer safer, more efficient, and sustainable mining operations. With the ability to … Read the full press release
(IN BRIEF) Outokumpu, a leading manufacturer in sustainable stainless steel, has secured the ResponsibleSteel certification for all its production facilities in Europe, making it the first Nordic company to earn this accolade for all seven of its sites across Finland, … Read the full press release
Posted in Business, Environment, Finland, Germany, Government, Industrial, Management, Media, Metals and Minerals, News, Security & Safety, Sweden
Tagged Anna Vainikainen, Annie Heaton, Finland, Germany, Heidi Peltonen, Nordics, Outokumpu, ResponsibleSteel Certification, safety, sustainability, sustainable steel production, Sweden
(IN BRIEF) Glencore plc unveiled its 2023 Sustainability Report, emphasizing its dedication to environmental, social, and governance (ESG) principles. The report outlines the company’s progress in various sustainability-related areas, including its approach, performance, and activities throughout the year. Case studies … Read the full press release
Posted in Business, Environment, Industrial, Management, Metals and Minerals, News, Switzerland
Tagged Gary Nagle, Glencore, Kalidas Madhavpeddi, sustainability
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, has once again been honored as one of Europe’s Climate Leaders by the Financial Times. This recognition underscores Outokumpu’s commitment to reducing greenhouse gas emissions and advancing transparency in … Read the full press release
Posted in Awards, Business, Environment, Finland, Industrial, Management, Metals and Minerals, News
Tagged Awards, Climate, Europe, Johann Steiner, leadership, Outokumpu, sustainability
(IN BRIEF) Spanish Mountain Gold Ltd. (SMG) has forged a strategic partnership with international technology group ANDRITZ and BC Hydro to enhance the sustainability of its proposed gold mine in British Columbia. Utilizing ANDRITZ’s IDEAS simulation software, SMG aims to … Read the full press release
(IN BRIEF) Boliden, a leading Swedish metals, mining, and smelting company, is partnering with Ericsson and Telia to enhance its mining operations through the NorthStar 5G innovation program. By upgrading its private 5G network in the Kankberg mine, Boliden aims … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Security & Safety, Sweden, Technology, Telecom
Tagged 5G network Program, Boliden, Ericsson, Magnus Leonhardt, Mining Operations, NorthStar, partnership, safety, Stefan Castehav, sustainability, Telia
(IN BRIEF) Hydro has announced significant changes to its Executive Leadership Team under the new leadership of President and CEO, Eivind Kallevik, who took office on May 13, 2024. Hanne Karine Simensen, previously the Head of Commercial in Hydro Aluminium … Read the full press release
Posted in Business, Industrial, Management, Metals and Minerals, News, Norway
Tagged Anne-Lene Midseim, appointment, Arvid Moss, Eivind Kallevik, Hanne Karine Simensen, Hilde Vestheim Nordh, Hydro, John Thuestad, Kari Ekelund Thørud, leadership, Paul Warton, Therese Rød Holm, Trond Olaf Christophersen
(IN BRIEF) In the first quarter of 2024, Salzgitter AG reported a downturn in performance due to a sluggish economy, particularly affecting its steel-related sectors in Germany. The company achieved an EBITDA of €126.4 million and a pre-tax profit of … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News
Tagged Birgit Potrafki, economic, Financial, Gunnar Groebler, investment, Salzgitter AG
(IN BRIEF) Marel has embarked on a pilot project to utilize green steel, produced using renewable energy and recycled materials, in its manufacturing processes to reduce environmental impact. This initiative is part of Marel’s broader strategy to meet its Science-Based … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Government, Iceland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Arni Sigurdsson, carbon emissions, Finland, green steel, Iris Tryggvadottir, Marel, Olafur Fridriksson, Outokumpu, partnership, Sjoerd van der Heijden, sustainability
(IN BRIEF) Outokumpu, in a robust advancement of its strategic plan, has increased its EBITDA run-rate improvement target by €150 million to €350 million, aiming to bolster its competitiveness in the stainless steel industry. Achieving its initial target ahead of … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, Heikki Malinen, investment, Outokumpu
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