LONDON, 21-10-2015 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “We continue to deliver efficient production, rigorous cost control and sound allocation of capital. This approach is ensuring that our tier one assets generate substantial free cash flow … Read the full press release
Posted in Financial, Investment, Metals and Minerals, United Kingdom
Hydro has signed a Letter of Intent (LoI) with Brazilian mining company Vale for the possible acquisition of Vale’s 40% interest in Brazilian bauxite producer Mineração Rio do Norte (MRN), which would strengthen Hydro’s global position as a long player … Read the full press release
Posted in Business, Investment, Metals and Minerals, Norway
Tagged Brazilian bauxite producer, Hydro, Mineração Rio do Norte, Vale
Duisburg, Germany, 24-9-2015 — /EuropaWire/ — Klöckner & Co is using a collaboration with online specialist dealer Contorion to move into the attractive online business with craftsmen and private customers in Germany. From today on, more than 900 different Klöckner … Read the full press release
Posted in Germany, Internet & Online, Metals and Minerals, Retail
Tagged Contorion, Dr. Richard Schwenke, Gisbert Rühl, Klöckner & Co
Nearly 600 million tonnes of raw material, containing from 7 to 13.7 percent of potassium oxide, used for the production of fertilizers. This, according to preliminary estimates, may be found in several adjacent deposits of potassium-magnesium salts and rock salts … Read the full press release
Innovation, cutting edge technology and advanced mine dimension – this is the image of copper mining presented during the 3rd International Copper Ore Mining Congress in Lublin, which between 16 and 18 September attended more than four hundred of practitioners … Read the full press release
Top spot in the large company category goes to AMAG AMAG TopForm® UHS: Breakthrough in lightweight bodyshell construction Company matches the prize money and donates it to the Red Cross Braunau am Inn, Austria, 18-9-2015 — /EuropaWire/ — AMAG took … Read the full press release
Posted in Austria, Awards, Industrial, Metals and Minerals
Tagged AMAG, Dr. Helmut Kaufmann, innovative special aluminium AMAG, TopForm® UHS
STOCKHOLM, 15-9-2015 — /EuropaWire/ — SSAB and the labor unions have concluded negotiations regarding the organization at the production units in Borlänge and Virsbo, Sweden. The staffing plans that have now been completed provide for a total of approximately 270 … Read the full press release
Posted in Management, Metals and Minerals, Sweden
Tagged labor unions, SSAB
Kassel, Germany, 11-9-2015 — /EuropaWire/ — With its accession to the Global Compact, K+S has underscored its support for the ten principlesin the areas of human rights, labor, environment and anti-corruption. In the case of K+S, these principles are already reflected … Read the full press release
Posted in Environment, Management, Metals and Minerals, Society
Tagged K+S Aktiengesellschaft, Norbert Steiner, UN Global Compact
COPENHAGEN, 9-9-2015 — /EuropaWire/ — FLSmidth has received an order from the Russian minerals producer Norilsk Nickel Group of approximately DKK 600m for the engineering and supply of various bundled equipment for a complete ‘process island’ of the Group’s Bystrinskoye … Read the full press release
SYDNEY, Australia, 3-9-2015 — /EuropaWire/ — Rio Tinto has demonstrated how the completion of its world-class iron ore expansion project in Western Australia will deliver significant shareholder value as the sector transitions through the ongoing volatility in global commodity markets. At an … Read the full press release
SCHMOLZ + BICKENBACH France: The entire range of special steel now from a single source Düsseldorf, 2-9-2015 — /EuropaWire/ — The SCHMOLZ + BICKENBACH Group is bundling sales activities of the group mills Steeltec, Ugitech and Ardenacier in France, thereby expanding … Read the full press release
Posted in France, Germany, Metals and Minerals
Tagged Ardenacier, SCHMOLZ + BICKENBACH Group, Steeltec, Ugitech
OSLO, 1-9-2015 — /EuropaWire/ — Sapa has installed new aluminium extrusion presses at two of its plants in the United States to serve customers primarily within the building and the automotive industries. The two presses have been moved from other … Read the full press release
Posted in Industrial, Metals and Minerals, Norway
Berezniki, Russia, 21-8-2015 — /EuropaWire/ — Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, noting media reports that it is considering a buyback of its securities, which may lead to de-listing of its global depositary receipts (“GDRs”) representing its common shares on the London … Read the full press release
Posted in Financial, Investment, Metals and Minerals, Russia, United Kingdom
Tagged GDRs, London Stock Exchange, Uralkali
OSLO, 21-8-2015 — /EuropaWire/ — With recent investments exceeding NOK 20 million, Hydro Karmøy is positioning itself to be a major supplier of aluminium to the European automotive industry. A decision was made this week to install new equipment for … Read the full press release
Posted in Automotive, Metals and Minerals, Norway
Tagged aluminium alloys, automotive industry, Hydro Karmøy, Trond Olaf Christophersen
LONDON, 21-8-2015 — /EuropaWire/ — The London Metal Exchange (LME) today announces it will introduce market-making programmes to support the launch of new products and enhance liquidity on existing contracts. These are the first programmes of their kind to be … Read the full press release
Posted in Financial, Investment, Metals and Minerals, United Kingdom
Outstanding performance in the Salt Business Higher average prices in the Potash and Magnesium Products business unit Operating earnings (EBIT I) up 32 % to € 496 million ‘Fit for the Future’ delivers expected results Legacy Project still on schedule … Read the full press release
Posted in Agriculture, Business, Chemicals, Germany, Management, Metals and Minerals
Tagged Dr. Burkhard Lohr, K+S, Norbert Steiner
ESPOO, 7-8-2015 — /EuropaWire/ — The combination of humid weather, air conditioning, refrigerator units and foodstuff was the decisive factor for selecting Outokumpu Core 4622 grade as material for illuminated signs for 6,000 7-Eleven convenience stores in Thailand. Says Nopol … Read the full press release
Posted in Finland, Industrial, Metals and Minerals
Tagged 7-Eleven, convenience stores in Thailand, Nopol Chuklin, Outokumpu
Sales currency related up by 4.3% to €3.4 billion, despite market driven lower prices and volumes Gross profit margin down from 19.3% to 18.6% due deteriorating steel prices in the US and Switzerland; EBITDA before restructuring expenses accordingly down from … Read the full press release
Posted in Business, Financial, Germany, Industrial, Management, Metals and Minerals
Tagged Gisbert Rühl, Klöckner & Co SE
Higher revenue and a significant rise in earnings due to positive operating results and non-recurring effects Revenue goes up from EUR 2.83 billion in the first quarter of 2014/15 to EUR 3.0 billion in the quarter under review, an increase … Read the full press release
Posted in Austria, Business, Financial, Management, Metals and Minerals
Tagged voestalpine Group, Wolfgang Eder
ESPOO, 29-6-2015 — /EuropaWire/ — Outotec has received an order for rodshop technology from Chiping Xinyuan Aluminium Co. Ltd, a subsidiary of China Xinfa Group, a leading aluminum producer in China, for their new aluminum smelter in Shandong province. The … Read the full press release
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