Category Archives: Metals and Minerals

Metals and Minerals Press Releases & News distributed via EuropaWire

Outokumpu Boosts Treasury Holdings to 26.7 Million Shares Through Share Repurchase Initiative

(IN BRIEF) Outokumpu, a stainless steel manufacturer, has successfully completed a share repurchase program, acquiring 184,454 of its own shares from various trading venues. The program, which was announced on November 29, 2023, allows for a maximum of 11 million … Read the full press release

PERUMIN Event Highlights Financial Inclusion for Artisanal and Small-Scale Miners in Peru

(IN BRIEF) Solidaridad, planetGOLD Peru, and the Ministry of Energy and Mines of Peru organized a panel at the PERUMIN event to emphasize the importance of financial inclusion in the artisanal and small-scale mining (ASM) sector. The event aimed to … Read the full press release

Outokumpu Successfully Concludes Share Repurchase Program, Acquiring 268,446 Shares

(IN BRIEF) Outokumpu, a prominent stainless steel producer, has successfully completed its share repurchase program, which began on November 29, 2023, and concluded on January 3, 2024. Authorized by the Board of Directors under the mandate of the Annual General … Read the full press release

Norsk Hydro ASA Share Buyback Program: Over 14 Million Shares Repurchased

(IN BRIEF) Norsk Hydro ASA provides an update on its ongoing share buyback program, which began on September 22, 2023, and is scheduled to conclude on February 29, 2024. The company reports transactions, including the number of shares repurchased and … Read the full press release

Outokumpu Deepens Commitment to Clean Energy, Bolsters Stake in Rajakiiri Wind Farm

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is taking steps to reduce its carbon footprint and enhance energy self-sufficiency. The company has invested further in the Rajakiiri wind farm in Tornio, Finland, increasing its ownership to … Read the full press release

Outokumpu Achieves Milestone in Share Repurchase, Now Holds Over 26 Million Treasury Shares

(IN BRIEF) Outokumpu, a prominent global stainless steel producer, has successfully completed its share repurchase program, which began on January 2, 2024. The company repurchased its own shares across various trading venues, totaling 239,035 shares at an average price of … Read the full press release

Outokumpu Completes Share Repurchases, Holds 25.9 Million Treasury Shares

(IN BRIEF) On December 28, 2023, Outokumpu concluded its share repurchase program, acquiring a total of 169,699 of its own shares across various trading venues. The buyback program, which had a maximum limit of 11 million shares and was authorized … Read the full press release

Outokumpu Completes Share Repurchase, Adding 158,885 Treasury Shares

(IN BRIEF) On December 27, 2023, Outokumpu finalized its share repurchase program, acquiring its own shares as per the following breakdown: 58,492 shares on CEUX at a weighted average price of EUR 4.5323 per share, 99,377 shares on XHEL at … Read the full press release

SSAB AB Repurchases 1.8 Million Shares as Part of Capital Structure Adjustment

(IN BRIEF) Between December 18 and 22, 2023, SSAB AB (publ) has repurchased a total of 1,848,850 of its own shares, consisting of 466,854 shares of series A and 1,381,996 shares of series B. This buyback is part of a … Read the full press release

Outokumpu Completes Repurchase of 156,771 Own Shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) On December 22, 2023, Outokumpu successfully concluded the repurchase of its own shares in accordance with its share buyback program, as previously announced on November 29, 2023. The program, authorized by the Annual General Meeting, allows for the … Read the full press release

Norsk Hydro ASA’s Share Buyback Program Doubles Owned Shares, Now Holds 1.42% of the Company’s Total

(IN BRIEF) Norsk Hydro ASA has provided an update on its share buyback program, which commenced on September 22, 2023, and is scheduled to conclude on February 29, 2024. The program’s recent transactions include the purchase of 75,309 shares on … Read the full press release

Global Steel Giant ArcelorMittal Engages dss+ for Company-Wide Safety Audit

(IN BRIEF) ArcelorMittal, a prominent global steel and mining company, has announced its collaboration with dss+, a leading sustainable operations management consulting service, to conduct a comprehensive safety audit across the company. The decision to undertake this company-wide audit aligns … Read the full press release

EBRD Supports Turkish Metal Casting Company Kutes in Transition to Sustainable Energy with Risk-Sharing Agreement

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is partnering with Türkiye Sinai Kalkinma Bankasi (TSKB), a development bank, to support Kutes, a prominent Turkish metal casting company, in its shift toward sustainable energy practices. TSKB is providing … Read the full press release

Outokumpu Acquires EUR 765,290 Worth of Its Own Shares in Buyback Program

(IN BRIEF) Finnish stainless steel manufacturer Outokumpu has concluded its share repurchase program, acquiring a total of 169,994 of its own shares across various trading venues at an average price of EUR 4.5 per share. The program, which had been … Read the full press release

Outokumpu Completes Share Repurchase Program, Acquiring 163,476 Shares to Strengthen Financial Position

(IN BRIEF) Outokumpu has completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 163,476 shares on December 15, 2023, at a weighted average price … Read the full press release

Outokumpu to Invest EUR 30 Million in Biocoke Pelletizing Plant for Green Steel Production in Tornio, Finland

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is investing approximately EUR 30 million in a pelletizing plant for biocoke in Tornio, Finland, with production set to start in mid-2025. The move aims to reduce direct emissions … Read the full press release

Outokumpu Completes Share Repurchase Program, Acquiring 157,620 Treasury Shares

(IN BRIEF) Outokumpu has successfully completed its share repurchase program, acquiring a total of 157,620 treasury shares across multiple trading venues at an average price of EUR 4.46 per share. The program, announced on November 29, 2023, allowed for the … Read the full press release

Outokumpu Unveils Share-Based Programs for 2024–2026 with Focus on Sustainability and Performance

(IN BRIEF) Outokumpu’s Board of Directors has approved the initiation of the company’s share-based programs, the Performance Share Plan (PSP) and Restricted Share Pool (RSP), for the period spanning from 2024 to 2026. These programs will commence at the beginning … Read the full press release

Outokumpu, ZWILLING, and STAHL KREBS Collaborate to Reduce Carbon Footprint of Stainless Steel Knives

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has partnered with ZWILLING, a leading supplier of high-quality kitchen products, and steel trading company STAHL KREBS to reduce the carbon footprint of stainless steel knives. The collaboration involves the … Read the full press release

Boliden’s Climate Targets Validated and Approved by Science Based Targets Initiative (SBTi)

(IN BRIEF) Boliden, a pioneering mining and metals company, has achieved validation and approval for its climate targets from the Science Based Targets initiative (SBTi), making it one of the first companies in the industry to do so. Boliden’s ambitious … Read the full press release