Category Archives: Metals and Minerals

Metals and Minerals Press Releases & News distributed via EuropaWire

voestalpine AG’s workforce reached new record figure of 47,154 employees, Q1-2013/14 performance stable despite lower raw materials prices and weaker economy

High capacity utilization remains unchanged in all divisions Headcount reaches new record level with 47,154 employees Revenue of EUR 2.94 billion in the first quarter of 2013/14 3.8% below previous year’s figure (EUR 3.05 billion) due to lower raw materials … Read the full press release

ABB announced the acquisition of Alstom’s ring motor business based in Bilbao, Spain

Acquisition enables ABB to further strengthen gearless mill drive system business Zurich, Switzerland, 05-8-2013 — /EuropaWire/ — ABB, the leading power and automation technology group, announced today the acquisition of Alstom’s ring motor business to enhance its gearless mill drive (GMD) … Read the full press release

ArcelorMittal Flat Carbon Europe reported 49% decreased operating loss in H1 2013 (€194M) compared to H1 2012 (€340M)

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal today announced results for its Flat Carbon Europe segment for Q2 2013. The segment recorded an operating loss of €151 million for Q2 2013 which excludes interest and tax costs. This includes restructuring costs totalling … Read the full press release

ArcelorMittal released its HY 2013 report, recasts its 2012 annual report on Form 20-F

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal has published today its Half-Year Report for the six month period ended 30 June, 2013 (“HY Report”). As a result of the adoption and early adoption of new IFRS accounting standards as of 1 January … Read the full press release

EY: 350 M&A and capital raising deals worth US$78.6b in the mining and metals companies globally during H1 2013, 30% down YoY

M&A and capital raising activity by mining and metals companies globally during January – June 2013 (1H) remained very subdued, pointing to the third consecutive year of declining deal volumes for the sector. 05-8-2013 — /EuropaWire/ — During the first half … Read the full press release

Rio Tinto’s Mongolian Oyu Tolgoi copper-gold mine made its first shipment of copper concentrate to China

23-7-2013 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “A new milestone was reached in Mongolia, with the Oyu Tolgoi copper-gold mine making its first shipment of copper concentrate to China. Our iron ore operations continue their impressive performance, … Read the full press release

The Carbon Company SGL Group awarded Professor Dr Klaus Müllen the Utz-Hellmuth Felcht Award for his research into the synthesis of tailored graphenes

Wiesbaden, 22-7-2013 — /EuropaWire/ — SGL Group – The Carbon Company – has honored Professor Klaus Müllen with the Utz-Hellmuth Felcht Award for his research into the synthesis of tailored graphenes. Professor Müllen, Director of the Max Planck Institute for Polymer … Read the full press release

SCM Group and SMART Group transferred blocks of shares in five assets to Metinvest B.V., the parent company of steel and mining group of companies

22-7-2013 — /EuropaWire/ — Metinvest B.V., the parent company of an international vertically integrated steel and mining group of companies (jointly referred to as “Metinvest” or “Metinvest Group”), today announced that as part of ongoing business restructuring, SCM Group, as envisaged … Read the full press release

The European Commission decisions on German support schemes in favour of energy-intensive industries

18-7-2013 — /europawire.eu/ — The European Commission has adopted two separate decisions on German support schemes in favour of energy-intensive industries. Firstly, the Commission has concluded that a scheme compensating energy-intensive users for CO2 costs in their electricity price as of … Read the full press release

Outotec extended its scope in comminution solutions

17-7-2013 — /europawire.eu/ — Outotec has extended its scope in comminution solutions and now offers an even larger portfolio including high pressure grinding rolls (HPGR). HPGR technology can be applied to various minerals processing applications where project feasibility demands lower energy … Read the full press release

Outotec OYJ announced it will publish its Interim Report January-June 2013 on on Wednesday, July 31, 2013

17-7-2013 — /europawire.eu/ — Outotec’s Interim Report January-June 2013 will be published on Wednesday, July 31, 2013 at 9.00 am Finnish time. A briefing hosted by President and CEO Pertti Korhonen will be held on the same day in Helsinki, … Read the full press release

World’s largest aluminium producer RUSAL to install modern electrolyte processing equipment at BEMO smelter

Tayozhny, Krasnoyarsk region, 17-7-2013 — /europawire.eu/ — UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, informs that the installation of modern electrolyte processing equipment, produced by Outotec, is currently underway at the BEMO smelter. The … Read the full press release

ThyssenKrupp Metallurgical Products GmbH acquired New York metal commodity trading company BenMet

Expansion of activities in North and South America, widening of product portfolio 8-7-2013 — /europawire.eu/ — ThyssenKrupp Metallurgical Products GmbH, Essen, has acquired the business of metal commodity trading company BenMet NY, headquartered in New York, effective July 1, 2013. The … Read the full press release

Outokumpu to supply duplex stainless steel rolled billets to Sinopec’s subsidiary China Petrochemical International Co., Ltd

2-7-2013 — /europawire.eu/ — Outokumpu signs a strategic partnership agreement with Sinopec Group on material development and deliveries of stainless steel. As part of the one-year agreement Outokumpu supplies Sinopec’s subsidiary China Petrochemical International Co., Ltd duplex stainless steel rolled billets … Read the full press release

ThyssenKrupp Aerospace North America signs 3-year aluminum sheet products supplier contract extension with Cessna Aircraft Company

1-7-2013 — /europawire.eu/ — ThyssenKrupp Aerospace North America is pleased to announce that it has entered into a three-year contract extension with Cessna Aircraft Company to remain its service provider for aluminum sheet products and related supply chain services. The company … Read the full press release

Aerospace materials and logistics provider ThyssenKrupp Aerospace moved to new building near Marseille, France

21-6-2013 — /europawire.eu/ — Aerospace materials and logistics provider ThyssenKrupp Aerospace has moved to a new building at Vitrolles near Marseille, mainly dedicated to supporting a major customer in the area. During the official inauguration event on June 11nd, ThyssenKrupp … Read the full press release

Six-year agreement between Bombardier and ThyssenKrupp Aerospace renewed and expanded

20-6-2013 — /europawire.eu/ — ThyssenKrupp Aerospace, a Division of ThyssenKrupp Materials CA Ltd, announced today that it has renewed and expanded a six-year contract with Bombardier Aerospace as the service provider for cut-to-size aluminum plate, sheet and extrusions and related … Read the full press release

ThyssenKrupp Aerospace inaugurates its first facility in Africa at Aerospace Park Mghira, Tunisia

19-6-2013 — /europawire.eu/ — ThyssenKrupp Aerospace continues to expand its business. In Tunisia, the German technology group ThyssenKrupp’s aerospace materials and services provider recently opened its first facility on the African continent. The newly constructed site at Aerospace Park Mghira commenced … Read the full press release

Klöckner & Co Q1 2013 results announced

Turnover down 11.4% to 1.6 million tons and sales down 16.5% to approximately €1.6 billion Gross profit of €303 million down 11.9% on the prior-year figure (€344 million) due to lower turnover and prices; gross profit margin improved from 17.7% … Read the full press release

EC puts forward action plan to help the European Steel Industry

Brussels, 12-6-2013 — /europawire.eu/ — The European Commission today put forward an action plan for the European Steel Industry to help this sector confront today’s challenges and lay the foundations for future competitiveness by fostering innovation, creating growth and jobs. For the … Read the full press release