Category Archives: Metals and Minerals

Metals and Minerals Press Releases & News distributed via EuropaWire

SGL Group announced will close its Canadian graphite electrode facility located in Lachute, Quebec

Closure is part of the “SGL2015” cost savings program Operations will begin to wind down at the end of the year with expected completion within Q1/2014 110 employees impacted Wiesbaden / Lachute (QE, Canada), 24-10-2013 — /EuropaWire/ —  SGL Group – The … Read the full press release

EC opened in-depth investigation into Belgian Walloon region funding granted to steel group Duferco

Brussels, Belgium, 18-10-2013 — /EuropaWire/ — The European Commission has launched an in-depth enquiry to determine whether the funding granted to steel group Duferco by the Walloon region of Belgium complies with the European Union’s state aid rules. The launch of the … Read the full press release

Global aluminium producer UC RUSAL to invest RUR 367.9M in modernizing gas treatment equipment at Irkutsk aluminium smelter (IrkAZ)

Moscow, Russia, 14-10-2013 — /EuropaWire/ — UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), a leading, global aluminium producer, is pleased to announce its plans to invest RUR 367.9 million modernizing gas treatment equipment at the Irkutsk aluminium smelter (IrkAZ). … Read the full press release

Russian State Corporation Vnesheconombank and United Company RUSAL signed Memorandum of Intent aimed at restructuring RUSAL’s unprofitable plants

Moscow, Russia, 08-10-2013 — /EuropaWire/ — State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and United Company RUSAL entered into a Memorandum of Intent. The Memorandum provides for enhancing cooperation aimed at restructuring RUSAL’s unprofitable plants. The parties intend to … Read the full press release

BlackRock’s shareholding in Outotec Oyj fell below 5%

Announcement under the Finnish securities market act, chapter 2, section 10 of a change in the shareholding in Outotec Oyj 27-9-2013 — /EuropaWire/ — Outotec Oyj has received a notice on September 13, 2013 of the following change in shareholding. In … Read the full press release

Outotec introduced Outotec Larox® CC 240, large scale filtration technology

Outotec is introducing yet another large scale filtration technology 27-9-2013 — /EuropaWire/ — The Outotec Larox® CC 240 is the result of decades of experience and continuous R&D. It is tailored to the needs of high volume industries such as … Read the full press release

Outotec introduced Outotec® Gold Processing Solutions

A reliable partner for your gold operations Finland, 27-9-2013 — /EuropaWire/ — Outotec provides the mining and metallurgical industry with advanced solutions for processing a variety of gold ore types ranging from free-milling ores to refractory gold ores. Our process solutions include … Read the full press release

European Aluminium Industry calls for more ambitious EU packaging recovery policy and recycling targets

Berlin, 26-9-2013 — /EuropaWire/ — In view of the upcoming discussions on the guidelines on Extended Producer Responsibility Schemes, the European Aluminium Industry (EAA) calls for a consistent approach at the EU and national level. The EAA has always been a … Read the full press release

Imerys announced it received acquisition offer from Omya for 4 calcium carbonate industrial sites

PARIS, 12-9-2013 — /EuropaWire/ —  Imerys is informing that it has recently received an offer from Omya for the acquisition of four industrial sites which beneficiate calcium carbonate for the paper market. These sites are located in Europe (Sainte-Croix de Mareuil in France, Köping … Read the full press release

Uralkali released IFRS H1-2013 Financial Results: Net Revenue down 29%, EBITDA down 40% YoY

11-9-2013 — /EuropaWire/ — Uralkali (LSE: URKA, “the Company”), one of the world’s largest potash producers, has today published its audited financial results for the six months ended 30 June 2013 prepared in accordance with IFRS and audited by ZAO PricewaterhouseCoopers Audit. … Read the full press release

Uralkali’s Board of Directors announced the decisions made on the meeting held on 10 September 2013

11-9-2013 — /EuropaWire/ — Following the meeting held on 10 September 2013, the Board of Directors of Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, has made the following decisions. The Board has approved the Consolidated Condensed Interim … Read the full press release

Salzgitter Flachstahl GmbH announced it will raise its flat steel prices by € 30 per ton as from September 1, 2013

28-8-2013 — /EuropaWire/ — Salzgitter Flachstahl GmbH will raise its flat steel prices by € 30 per ton for all new orders as from September 1, 2013. Demand for steel products is still running at a healthy level as steel processors in … Read the full press release

Statement of Uralkali’s Chairman Alexander Voloshin on Uralkali CEO Vladislav Baumgertner detention in Minsk, Belarus

28-8-2013 — /EuropaWire/ — “I consider the detention of Uralkali CEO Vladislav Baumgertner in Minsk on 26 August to be an outrageous act. Economic disputes and various differences which often arise in the course of business should not be dealt with in … Read the full press release

Stefan Romedahl appointed General Manager of Boliden Tara Mines

27-8-2013 — /EuropaWire/ — Stefan Romedahl has been appointed General Manager of Boliden Tara Mines, taking up his position on September 1, 2013. Stefan has around 20 years’ experience of the rock and mining industry. His most recent position was as Project … Read the full press release

Outokumpu to provide stainless steel for the façade of China’s highest skyscraper Ping An Finance Center in Shenzhen

27-8-2013 — /EuropaWire/ — Outokumpu has won a bid to provide stainless steel for the façade on Ping An Finance Center in Shenzhen, China. The skyscraper’s façade will be the largest stainless steel façade in the world. This contract demonstrates Outokumpu’s vast … Read the full press release

Aurubis Group reports for significant earnings decline in first nine months of fiscal year 2012/13 due to lower metal prices

Hamburg, 27-8-2013 — /EuropaWire/ — The Aurubis Group generated operating earnings before taxes (EBT) of € 133 million in the first nine months of the current fiscal year and was thus not able to follow up on its very good prior-year earnings … Read the full press release

MYTILINEOS Group posts consolidated €731M turnover in 1H2013, up 2.3% YoY

27-8-2013 — /EuropaWire/ —  Continued resilience in particularly adverse domestic and global economic conditions 1H2013 Highlights: Net debt down €170 million in 1H2013, dropping from €725 million to €555 million due to stronger positive cash flows and to the reduction in the amount … Read the full press release

Klöckner & Co SE released Q2 and H1-2013 operating results

Klöckner & Co SE: Gross margin improved, costs reduced, smaller net loss, negative market trend increasingly compensated by restructuring program, third-quarter EBITDA expected to be €30 million to €40 million, full-year EBITDA to be around the prior-year level at approximately … Read the full press release

KGHM Polska Miedź S.A. wyniki pierwszego półrocza 2013 r.

20-8-2013 — /EuropaWire/ — KGHM Polska Miedź S.A. osiągnęła w pierwszym półroczu 2013 r. dobry wynik finansowy, pomimo spadku notowań miedzi i srebra oraz niższego kursu walutowego. Spółka zwiększa stan gotówki przy spłacie ponad 1 mld złotych kredytu i nakładach na … Read the full press release

Credit Suisse: commodity market increased in July 2013 supported by positive macroeconomic data

Commodities were higher in July as fundamentals improved for some commodities, supported by positive macroeconomic data. 19-8-2013 — /EuropaWire/ — Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “Based on the July Purchasing Managers Index reports, … Read the full press release