Category Archives: Metals and Minerals

Metals and Minerals Press Releases & News distributed via EuropaWire

Sika Expands in US Mining Market with Acquisition of Thiessen Team USA

(IN BRIEF) Sika, a global specialty chemicals company, has acquired Thiessen Team USA, a manufacturer of shotcrete and grouting products for the mining industry in the USA. Thiessen serves the Western US mining industry, which plays a crucial role in … Read the full press release

ArcelorMittal Invests $5 Million in CHAR Technologies as Winner of XCarb™ Accelerator Programme

(IN BRIEF) ArcelorMittal, a global steel company, has chosen CHAR Technologies as the winner of its XCarb™ Accelerator Programme. CHAR Technologies, based in Ontario, Canada, has developed a high temperature pyrolysis technology that converts organic waste into valuable energy outputs. … Read the full press release

Wood Awarded Contract for Europe’s Largest Manganese Processing Facility in Support of Energy Transition

(IN BRIEF) Wood, a global consulting and engineering company, has secured a significant contract from Euro Manganese to deliver a vital mineral project crucial to the energy transition. The contract, awarded to Wood’s Projects business unit, aligns with the company’s … Read the full press release

Stainless Steel Revolution: Outokumpu Collaborates with thyssenkrupp and Boysen Group to Decarbonize Auto Industry

(IN BRIEF) Outokumpu, a global stainless steel leader, has partnered with thyssenkrupp Materials Processing Europe and Boysen Group to introduce towards-zero stainless steel to the automotive industry. This collaboration aims to address tailpipe emissions and decarbonize the automotive sector. Outokumpu’s … Read the full press release

EDF and Trimet Ensure Secure Energy Supply for French Aluminium Production with Long-Term Contract

(IN BRIEF) EDF and Trimet have signed a long-term contract for the supply of electricity to support aluminium production in France. The agreement extends their existing partnership and secures the energy supply for Trimet’s aluminium smelter in Saint-Jean-de-Maurienne. The contract … Read the full press release

Hydro Partners with SolarDuck and TNB for Offshore Floating Solar Energy Project in Malaysia

(IN BRIEF) Hydro, a global aluminium supplier, has signed a letter of intent to collaborate with SolarDuck and subsidiaries of Tenaga Nasional Berhad (TNB) on an offshore floating solar energy project in Malaysia. The partnership aims to advance offshore floating … Read the full press release

Glencore Completes Sale of Cobar Copper Mine to Metals Acquisition Corp

(IN BRIEF) Glencore, a global mining and commodities trading company, has completed the sale of its 100% interest in Cobar Management Pty Ltd (CMPL), the owner of the Cobar copper mine in New South Wales, Australia, to Metals Acquisition Corp … Read the full press release

Hydro to Construct State-of-the-Art Aluminum Recycling Plant in Spain

(IN BRIEF) Hydro, a global leader in aluminum production, has signed an agreement to purchase land in Torija, Spain, where it plans to build a state-of-the-art aluminum recycling plant. The facility will have an annual capacity of 120,000 tonnes and … Read the full press release

SSAB’s Oxelösund Mill to Lead Fossil-Free Steel Production Following Investment Decision

(IN BRIEF) SSAB, a leading steel producer, has made an investment decision for the green transformation of its Oxelösund mill in Sweden. This decision marks a significant step towards SSAB’s goal of producing steel without carbon emissions. The investment will … Read the full press release

Outokumpu Spearheads Circular Economy Transformation in Steel Industry with Inner Circle Initiative

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has launched a groundbreaking initiative called Outokumpu Inner Circle to strengthen the circular economy in Europe. The program, unveiled at the World Circular Economy event in Helsinki, aims to create a closed … Read the full press release

EBRD Drives Sustainable Mining in Greece with €56 Million Investment in Eldorado Gold

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €56 million in Eldorado Gold Corporation to support the development of the Skouries copper and gold mine in Greece. The investment aims to foster a sustainable and inclusive … Read the full press release

Consolidation and Focus: Anglo American Streamlines Production Businesses into Two Regions

(IN BRIEF) Anglo American, a global mining company, has announced significant changes to its senior management team and organizational structure. The company has appointed Al Cook as CEO of De Beers, Alison Atkinson as Projects & Development Director, and Monique … Read the full press release

DNV and Emirates Steel Arkan Unite to Lead Transformation towards a Sustainable Future

(IN BRIEF) DNV and Emirates Steel Arkan have formed a strategic partnership to accelerate decarbonization efforts in the steel and building materials producer industry. The five-year collaboration aims to achieve net zero emissions in line with the UAE’s climate neutrality … Read the full press release

Outokumpu’s Ambitious Climate Targets Earn Recognition on Financial Times’ Prestigious List

(IN BRIEF) Outokumpu, the only stainless steel producer, has been recognized as a leading climate leader in Europe by the Financial Times. The prestigious list, created in partnership with research company Statista, acknowledges companies that are making significant strides in … Read the full press release

Metso Invests EUR 37 Million in Mexico for Enhanced Polymer Filter Plate Manufacturing

Metso Invests EUR 37 Million in Mexico for Enhanced Polymer Filter Plate Manufacturing

(IN BRIEF) Metso, a leading provider of sustainable technologies for the mining industry, has begun construction on its first polymer filter plate factory in Irapuato, Mexico. The factory, representing an investment of approximately EUR 28 million, will enhance Metso’s production … Read the full press release

Glencore plc Releases 2022 Sustainability Report, Demonstrating Commitment to ESG Initiatives

(IN BRIEF) Glencore plc has released its 2022 Sustainability Report, which is now available on its website. The report encompasses the company’s environmental, social, and governance (ESG) initiatives and aligns with global reporting standards and principles. It focuses on material … Read the full press release

Aurubis Continues Growth Trajectory, Raises Full-Year Expectations Based on Stellar Half-Year Results

(IN BRIEF) Aurubis AG, a multimetal company, is experiencing strong growth as it raises its full-year forecast based on impressive half-year results. The company generated operating earnings before taxes (EBT) of €291 million in the first half of the fiscal … Read the full press release

SGL Carbon welcomes children to explore the world of carbon and graphite

(IN BRIEF) On Girls’ and Boys’ Day in Germany, SGL Carbon opened its doors to interested children and young people at its sites in Bonn and Meitingen. Nine children in Bonn and six visitors in Meitingen were welcomed by the … Read the full press release

Glencore joins Alunorte, MRN joint ventures with Hydro after stake acquisition

(IN BRIEF) Glencore has agreed to acquire a 30% stake in Alunorte and a 45% stake in Mineracão Rio do Norte from Norsk Hydro for a combined equity value of approximately USD 775 million. Completion of the transaction is expected … Read the full press release

Metso Outotec Achieves Investment-Grade Credit Rating Target with Upgrade from S&P Global

(IN BRIEF) S&P Global has upgraded Metso Outotec’s credit rating to BBB with stable outlook, citing the successful integration and realized synergies, portfolio rationalization through selected divestments, and the company’s proactive management of pricing and costs to curb the effects … Read the full press release