(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
(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
(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
Posted in Business, Financial, Germany, Industrial, Management, Metals and Minerals
Tagged Aurubis, Aurubis AG, Multimetal company, operating earnings, Operating ROCE, Pirdop, recycling, revenues, Roland Harings, sulfuric acid
(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
Posted in Chemicals, Education, Germany, Management, Metals and Minerals, News
Tagged carbon, CHILDREN, Girls' and Boys'Day, graphite, SGL Carbon
(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
(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
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged Eeva Sipilä, Metso Outotec, S&P Global
(IN BRIEF) Tijmen Vermeij, a researcher from Eindhoven University of Technology, has developed new measurement methods to aid the development of stronger, more durable, and lighter steel. His research is focused on multi-phase steels, which have complex microstructures that make … Read the full press release
(IN BRIEF) John Williamson has been appointed as the interim chairman of the London Metal Exchange (LME), effective from April 28, 2023. Williamson will replace Gay Huey Evans, who will be stepping down at the end of April. Williamson is … Read the full press release
(NOTÍCIA EM BREVE) ArcelorMittal Brasil fez parceria com a produtora de energia renovável Casa dos Ventos para desenvolver um projeto de energia eólica de 554 MW na Bahia, Brasil. A ArcelorMittal terá 55% de participação na joint venture e a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Metals and Minerals
Tagged Aditya Mittal, AM/NS India, ArcelorMittal, ArcelorMittal Brasil, CADE, Casa dos Ventos, eletricidade, energía eólica, energia renovável, energía solar, grupo Greenko, Jefferson de Paula, JV, projeto Babilônia, siderurgia
(IN BRIEF) ArcelorMittal Brazil has partnered with renewable energy producer Casa dos Ventos to develop a 554 MW wind power project in Bahia, Brazil. ArcelorMittal will hold a 55% stake in the joint venture, with Casa dos Ventos holding the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Metals and Minerals
Tagged Aditya Mittal, AM/NS India, ArcelorMittal, ArcelorMittal Brazil, Babilonia project, CADE, Casa dos Ventos, electricity, Greenko group, Jefferson de Paula, JV, renewable energy, solar power, steelmaking, wind power
(IN BRIEF) Skanska has won a contract worth USD 60M to construct the Solitude buttress main civil works project at the Solitude Closure Tailings site in Arizona, USA. The project aims to improve the stabilization of a historic tailings embankment … Read the full press release
Posted in Business, Construction, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged Arizona, BHP Copper, dam, mining, natural disasters, partnership, Skanska, Solitude buttress project, USA
(IN BRIEF) The high-pressure transmission network for green hydrogen will require repurposed natural gas pipelines for long-distance transport, as well as numerous new, small to medium diameter pipelines to create an interconnected grid stretching from production areas to distribution points … Read the full press release
Posted in Belgium, Business, Environment, Industrial, Management, Metals and Minerals, News
Tagged Armofor®, Bekaert, GREEN HYDROGEN, led Comforthybel project, pipeline
(IN BRIEF) FLSmidth, a global provider of sustainable technology, has secured a contract worth approximately DKK 350 million to supply efficient equipment to a gold mine. The equipment is expected to be among the most efficient in the world and … Read the full press release
Posted in Business, Construction, Denmark, Environment, Industrial, Infrastructure & Utilities, Metals and Minerals, News, Technology
Tagged Chris Reinbold, FLSmidth, gold mining, sustainable
(IN BRIEF) Hydro Precision Tubing Reynosa in Mexico has become Hydro’s first aluminium extrusion plant in North America to be certified according to the Aluminium Stewardship Initiative (ASI) Performance Standard. ASI aims to incorporate sustainability and human rights principles in … Read the full press release
(IN BRIEF) Anglo American has signed a memorandum of understanding with H2 Green Steel to collaborate on the advancement of low carbon steelmaking processes. Under the agreement, the two companies will study and trial the use of premium quality iron … Read the full press release
(IN BRIEF) Electronic components provider YAGEO has acquired Nexensos, a leader in the temperature sensor market, as part of its plan to expand its portfolio of smart sensors. Nexensos’ temperature sensing business will complement YAGEO’s existing sensor portfolio, particularly in … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Industrial, Management, Metals and Minerals, News, Technology
Tagged Heraeus, Nexensos, Pierre Chen, Ralph Meschkat, temperature sensing, TOKIN, YAGEO
(IN BRIEF) Y&H Foreign Trade Ltd. has been appointed as the agent for BASF’s Temperature Sensing solutions for the glass industry in Türkiye, effective March 01, 2023. BASF’s temperature sensing solutions, including precious metal thermocouples and EXACTUS optical pyrometers, are … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management, Metals and Minerals, News, Technology
Tagged BASF, EXACTUS, Germany, ISO 17025, Jim Peterson, partnership, temperature sensing solutions, thermocouple, Turkish glass industry, Y&H
(IN KÜRZE) ArcelorMittal hat bekannt gegeben, dass AMNS Luxembourg Holding S.A., die Muttergesellschaft ihres Joint Ventures zur Stahlerzeugung mit der Nippon Steel Corporation in Indien, einen Kreditvertrag über 5 Milliarden US-Dollar mit mehreren Banken, darunter der Japan Bank for International … Read the full press release
Posted in Banks, Business, Industrial, Luxembourg, Metals and Minerals
Tagged AM/NS India, AMNS Luxembourg Holding S.A., ArcelorMittal, Hazira-Pflanze, Japan Bank for International Cooperation, JBIC, Mizuho Bank, Mizuho Bank Europe N.V.., MUFG BANK, Nippon Steel Corporation, steelmaking, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank
(IN BRIEF) ArcelorMittal has announced that AMNS Luxembourg Holding S.A., the parent company of its steelmaking joint venture with Nippon Steel Corporation in India, has secured a $5 billion loan agreement with several banks including the Japan Bank for International … Read the full press release
Posted in Banks, Business, Industrial, Luxembourg, Metals and Minerals
Tagged AM/NS India, AMNS Luxembourg Holding S.A., ArcelorMittal, Hazira plant, Japan Bank for International Cooperation, JBIC, Mizuho Bank, Mizuho Bank Europe N.V.., MUFG BANK, Nippon Steel Corporation, steelmaking, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank
(IN KÜRZE) ArcelorMittal und die Japan Bank for International Cooperation (JBIC) haben am 30. März 2023 eine Absichtserklärung unterzeichnet, um ihre Partnerschaft in der Stahlindustrie und den Bemühungen zur Dekarbonisierung zu stärken. Diese Vereinbarung baut auf ihrer bestehenden Beziehung auf, … Read the full press release
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