Category Archives: Metals and Minerals

Metals and Minerals Press Releases & News distributed via EuropaWire

Statek Stanzereitechnik GmbH acquisition by NORMA Group closed following antitrust authorities approval

Value chain expanded in the area of metal processing Sales contribution of EUR 2.5 million expected in 2018 MAINTAL, 14-Aug-2018 — /EuropaWire/ — NORMA Group has successfully closed the acquisition of the supplier Statek Stanzereitechnik GmbH (“Statek”) following approval by the … Read the full press release

Anglo American plc completes the sale of the New Largo thermal coal project and Old New Largo closed colliery in South Africa for approximately US$65 million

LONDON, 09-Aug-2018 — /EuropaWire/ — Anglo American plc (“Anglo American”) announces completion of the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa … Read the full press release

Rio Tinto completes sale of remaining coal assets in Queensland, Australia for $3.95 billion

LONDON, 03-Aug-2018 — /EuropaWire/ — Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion. The transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal … Read the full press release

MYTILINEOS and Athens University of Economics and Business to support the 9th Youth Entrepreneurship Summer School (YES program)

Corporate Social Responsibility and Sustainable Development Initiatives ATHENS, 25-Jul-2018 — /EuropaWire/ — Innovation and entrepreneurship are two very important options that offer perspectives for a sustainable exit from the crisis, thus making the effort for their strengthening imperative for Greece. … Read the full press release

Euro Staff Solution: First 2 Employees are on Us

LONDON, 02-Jul-2018 — /EuropaWire/ — Are you not tired of receiving promotions only for usual, not-so-important things? How many tooth pastes or photo shoots does one need? Ever wonder why the important things in your professional life are not on offer? … Read the full press release

Tata Steel and thyssenkrupp AG to combine their European steel businesses in a 50/50 joint venture

Agreement to combine European steel operations in 50/50 joint venture thyssenkrupp Tata Steel Proposed new company to focus on quality and technology leadership Expected annual synergies of €400-€500 million plus synergies in capex and working capital optimization confirmed by due … Read the full press release

Glencore Energy to acquire 78% of ALE Combustíveis (ALE), the 4th largest fuel distributor in Brazil

São Paulo, Brazil, 02-Jul-2018 — /EuropaWire/ — Glencore Energy (Glencore), through its subsidiary in Brazil, has signed an agreement to acquire 78% of ALE Combustíveis (ALE). Completion of the transaction is subject to the approval of CADE (Administrative Council for Economic … Read the full press release

Hydro to industrialize world’s most climate and energy efficient aluminium electrolysis technology at the Karmøy technology pilot

All 60 electrolysis cells are now in operation at the Karmøy technology pilot, where Hydro aims to industrialize the world’s most climate and energy efficient aluminium electrolysis technology. OSLO, 29-Jun-2018 — /EuropaWire/ — “Our aim is to be the global … Read the full press release

AMAG Austria Metall AG renews the contract of Chief Executive Officer Helmut Wieser

Braunau am Inn, Austria, 15-Jun-2018 — /EuropaWire/ — In its meeting on June 13, 2018 the AMAG Austria Metall AG Supervisory Board reached a decision to renew the contract of Chief Executive Officer Helmut Wieser until December 31, 2019. “AMAG … Read the full press release

Rio Tinto completes the sale of its 75 per cent stake in the Winchester South coal development project in Queensland to Whitehaven Coal Limited

LONDON, 07-Jun-2018 — /EuropaWire/ — Rio Tinto has completed the sale of its 75 per cent interest in the Winchester South coal development project in Queensland, Australia, to Whitehaven Coal Limited. Total consideration of $200 million is comprised of $150 … Read the full press release

Triton successfully completes sale of Ovako AB to Nippon Steel & Sumitomo Metal Corporation

STOCKHOLM/ TOKYO, Japan, 04-Jun-2018 — /EuropaWire/ — Funds advised by Triton (“Triton”) have successfully completed the sale of Ovako AB (“Ovako”), a leading European producer of engineering steel to, Nippon Steel & Sumitomo Metal Corporation (“NSSMC”), one of the world’s largest … Read the full press release

SSAB participates in a new Swedish corporate initiative on circular material flows

STOCKHOLM, 22-May-2018 — /EuropaWire/ — SSAB is one of the main participants in a new Swedish corporate initiative regarding circular material flows. The initiative, called Circular Sweden, is a forum consisting of several large Swedish companies and organizations such as Axfood, … Read the full press release

University Steel Prize 2018 goes to Sergi Parareda Oriol for his research on the fatigue strength of trimmed edges in high-strength steel

For his innovative research on the fatigue strength of trimmed edges in high-strength steel, Sergi Parareda Oriol, from the Polytechnic University of Catalonia, Spain, has won the University Steel Prize 2018. STOCKHOLM, 22-May-2018 — /EuropaWire/ — “Combining understanding of this complex … Read the full press release

Hydro announces the appointment of John Thuestad as new Executive Vice President, Bauxite & Alumina

Hydro has appointed John Thuestad as new Executive Vice President for the business area Bauxite & Alumina effective June 1. Thuestad has more than 30 years of international experience from the metal and mining industry OSLO, 16-May-2018 — /EuropaWire/ — … Read the full press release

SGL CFL CE becomes a stand-alone company under the new name of COBEX

WIESBADEN, 15-May-2018 — /EuropaWire/ — SGL CFL CE, a Triton Fund IV company, has completed the process of becoming a new stand-alone company competing under the name of COBEX. The company will continue to operate in the market as a global … Read the full press release

ArcelorMittal: merger clearance by the European Commission for AM Investco Italy Srl’s proposed acquisition of Ilva S.p.A

LUXEMBOURG, 08-May-2018 — /EuropaWire/ — ArcelorMittal (‘the Company’) announces that it has been granted merger clearance by the European Commission (‘EC’ or ‘the Commission’) for AM Investco Italy Srl (AM Investco)’s proposed acquisition of Ilva S.p.A (Ilva). EC merger clearance … Read the full press release

Glencore acquires 49% interest in the Hunter Valley Operations (HVO) coal mine in NSW, Australia

BAAR, 07-May-2018 — /EuropaWire/ — Glencore has completed the acquisition of a 49% interest in the Hunter Valley Operations (HVO) coal mine in NSW, following the receipt of regulatory approvals. The HVO Joint Venture (JV) with Yancoal, which owns a 51% … Read the full press release

FLSmidth to restructure its organisation into two industries – Cement and Mining

COPENHAGEN, 26-Apr-2018 — /EuropaWire/ — Effective from 1 July 2018, FLSmidth’s organisation will consist of two industries – Cement and Mining – supported by a regional setup to strengthen customer focus and life-cycle solutions – combined with a new central digital … Read the full press release

Statkraft and Hydro Energi AS sign long-term power contract for the period 2021-2038

OSLO, 11-Apr-2018 — /EuropaWire/ — Statkraft and Hydro Energi AS have signed a new long-term power contract for the period 2021-2038. The total volume is 15.5 TWh with annual supply of 0.75 TWh from 2021 to 2030 and 1 TWh from … Read the full press release

ArcelorMittal Chairman Lakshmi Mittal: We believe that ArcelorMittal, together with NSSMC, has the most relevant credentials and experience and is the most credible owner for Essar Steel

LUXEMBOURG, 05-Apr-2018 — /EuropaWire/ — ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation (‘NSSMC’) announce that ArcelorMittal’s subsidiary ArcelorMittal India Private Limited (‘AMIPL’) has today submitted an offer in the re-bidding process for Essar Steel India Limited (‘Essar Steel’) in connection … Read the full press release

Aurubis AG to sell its Segment Flat Rolled Products (FRP) business to Wieland-Werke AG

HAMBURG, 04-Apr-2018 — /EuropaWire/ — Aurubis AG (Aurubis) and Wieland-Werke AG (Wieland), Ulm, signed the contract regarding the sale of Segment Flat Rolled Products (FRP) on March 29, 2018. Execution of the sales contract is subject to approval by the … Read the full press release

Four innovative design concepts that utilize high-strength steel nominated for the Swedish Steel Prize 2018

The Swedish Steel Prize 2018 finalists have been named, revealing four innovative design concepts that utilize high-strength steel to achieve the highest possible performance. The winner will be announced at a ceremony in Stockholm on May 24. STOCKHOLM, 28-Mar-2018 — … Read the full press release

Rio Tinto launches bond purchase and redemption plan for up to $2.25 billion

LONDON, 22-Mar-2018 — /EuropaWire/ — Rio Tinto will use some of its surplus liquidity to further reduce gross debt, today launching a bond purchase and redemption plan for up to $2.25 billion. Under the plan, Rio Tinto has issued redemption notices … Read the full press release

Rio Tinto to sell its entire interests in Hail Creek coal mine and Valeria coal development project in Australia to Glencore

LONDON, 22-Mar-2018 — /EuropaWire/ — Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and the Valeria coal development project in Queensland, Australia, for $1.7 billion. The … Read the full press release

ArcelorMittal welcomes Aditya Mittal as President

LUXEMBOURG, 06-Mar-2018 — /EuropaWire/ — ArcelorMittal announces that Aditya Mittal, Group CFO and CEO of ArcelorMittal Europe, has been appointed as President, ArcelorMittal, in addition to his current responsibilities. This nomination reflects the increasing global strategic role Aditya has across … Read the full press release

Colin Smith to succeed Alan Begg as board director at NV Bekaert SA

The Board of Directors of NV Bekaert SA is proud to announce the nomination of Mr Colin Smith for appointment by the Annual General Meeting of Shareholders of 9 May 2018. He will replace Mr Alan Begg whose term of … Read the full press release

Final round of BeyondConventions gets underway at the thyssenkrupp Quarter in Essen

ESSEN, 21-Feb-2018 — /EuropaWire/ — The final round of BeyondConventions gets underway at the thyssenkrupp Quarter, Essen today. Under the BeyondConventions format, large German corporations are seeking start-up partners for their digital challenges. thyssenkrupp, innogy, Open Grid Europe, Schacht One … Read the full press release

Recycling programme ‘Every Can Counts’ to support UK based Trek-Drops professional women’s cycling team during the 2018 season

BRUSSELS, 19-Feb-2018 — /EuropaWire/ — As women’s cycling continues to gain momentum, recycling programme ‘Every Can Counts’ has furthered its investment into the UK based Trek-Drops professional women’s cycling team for the duration of the 2018 season. This is the second … Read the full press release

Solidaridad calls on all companies that purchase gold to source verified responsible gold

Utrecht, Netherlands, 12-Feb-2018 — /EuropaWire/ — The report “The Hidden Cost of Jewellery” by Human Rights Watch (HRW) clearly demonstrates that the world’s largest jewellery brands have collectively taken limited steps to implement responsible sourcing practices for their gold. The … Read the full press release

Boliden welcomes new President and CEO Mikael Staffas

STOCKHOLM, 06-Feb-2018 — /EuropaWire/ — Mikael Staffas has been appointed as new President and CEO of Boliden. He will assume the position on the 1st of June 2018. – It feels very good to ensure the continuity in Boliden. Mikael knows … Read the full press release