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
LONDON, 26-6-2015 — /EuropaWire/ — Rio Tinto’s spectacular Argyle Pink Diamonds Tender has been launched during a world exclusive preview at the Sydney Opera House, with this year’s iconic collection including some of the most vivid pink and red diamonds … Read the full press release
Posted in Marketing, Media, Metals and Minerals, United Kingdom
Tagged Argyle Pink Diamonds Tender, Rio Tinto, Sydney Opera House
Moscow, 25-6-2015 — /EuropaWire/ — UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, is pleased to announce the formation of a new representative office in Istanbul, Turkey. The office will be led by Ihsan … Read the full press release
Posted in Business, Management, Marketing, Metals and Minerals, Russia, Türkiye
Tagged aluminium producer, Ihsan Kösoglu, Steve Hodgson, UC RUSAL
ESPOO, 15-6-2015 — /EuropaWire/ — Outokumpu today announced the publication of a new edition of its Corrosion Handbook on stainless steel. Based on the company’s extensive research and product development, and first published in 1934, the handbook has become an … Read the full press release
Posted in Finland, Industrial, Marketing, Metals and Minerals
The fifth generation mobile network, 5G, is to be tested at one of Boliden’s mines. The test is a partnership between several major players and Boliden’s aim is to further improve safety and productivity in the mine environment. STOCKHOLM, 8-6-2015 … Read the full press release
HELSINKI, 4-6-2015 — /EuropaWire/ — Kalmar, part of Cargotec, has started the upgrade and refurbishment of the overhead crane at the steel mill of the Aperam Stainless steel plant in Genk, Belgium. The scope includes design, construction, delivery and erection … Read the full press release
Luxembourg, 25-5-2015 — /EuropaWire/ — ArcelorMittal, the world’s leading steel and mining company, and the Steel Authority of India Limited (‘SAIL’), India’s leading steel company, today, signed a Memorandum of Understanding (‘MoU’) to set up an automotive steel manufacturing facility under … Read the full press release
Two global leaders in their respective fields have named Sapa as one of their 2014 suppliers of the year. OSLO, 6-5-2015 — /EuropaWire/ — ContiTech Vibration Control has honored Sapa’s aluminium extrusion plant in Slovakia, and Stihl has presented its … Read the full press release
Posted in Awards, Business, Industrial, Management, Metals and Minerals, Norway
Tagged ContiTech, Hubbe Vanneste, Sapa, Stihl, Teodor Kvapil
Luxembourg, 5-5-2015 — /EuropaWire/ — On 30 April 2015, ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility (incorporating 3 and 5 year tranches) (the “Facility”). The Facility will replace the US$2,400,000,000 revolving credit facility agreement dated 6 May 2010 and the … Read the full press release
Posted in Business, Financial, Industrial, Investment, Luxembourg, Management, Metals and Minerals
Tagged ArcelorMittal, mining, revolving credit facility, STEEL
Directed share issue for payment of year 2014 share-based incentive program ESPOO, 30-4-2015 — /EuropaWire/ — Outotec’s Board of Directors has decided on issuance of shares held by the company for payment of the reward of the Share-based Incentive Program … Read the full press release
Posted in Business, Financial, Finland, Investment, Management, Metals and Minerals
Tagged Mikko Puolakka, Outotec, Share-based Incentive Program
Increased interest in gold assets and a small uptick in private capital activity are the limited bright spots of a subdued first quarter of deal activity in the global mining and metals sector. Less than a third of companies focused … Read the full press release
Posted in Business, Financial, Management, Metals and Minerals, United Kingdom
Tagged EY, global mining, Lee Downham, metals sector
Neuss, Germany, 28-4-2015 — /EuropaWire/ — Laying the foundation stone for the integrated recycling line for used beverage cans (UBC) at its Neuss plant in Germany, Hydro today marked another milestone in this EUR 45 million project. The recycling line, covering an … Read the full press release
LINZ, 16-4-2015 — /EuropaWire/ — It is the architectural highlight of the Red Bull Ring in Spielberg: the 92 m long, 20 m wide voestalpine wing in the shape of a racing car spoiler that serves as a multifunctional wel-come … Read the full press release
Berezniki, Russia, 7-4-2015 — /EuropaWire/ — Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, announces that it has obtained a licence to conduct extraction of magnesium salts (carnallite rock) in the Western part of the Novo-Solikamsk block … Read the full press release
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