Category Archives: Metals and Minerals

Metals and Minerals Press Releases & News distributed via EuropaWire

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

SSAB’s, LKAB’s and Vattenfall’s pilot plant for fossil-free steel project gets support from Swedish Energy Agency

STOCKHOLM, 06-Feb-2018 — /EuropaWire/ — SSAB’s, LKAB’s and Vattenfall’s pre-feasibility study is giving the green light for the fossil-free steel initiative, HYBRIT. For the first time in 1,000 years, there is an opportunity for a technology shift and, as early as … Read the full press release

Rio Tinto and the Government of Mongolia strengthen relationship by setting up a joint working group to create long-term sustainable solutions

LONDON, 25-Jan-2018 — /EuropaWire/ — The Prime Minister of Mongolia U. Khurelsukh and other government representatives and Rio Tinto chief executive J-S Jacques met in Ulaanbaatar today to progress their partnership. The two sides discussed ways to strengthen the relationship by … Read the full press release

Rio Tinto appoints Munkhtushig Dul to lead its new office in Ulaanbaatar, Mongolia

LONDON, 25-Jan-2018 — /EuropaWire/ — Rio Tinto is further strengthening its presence in Mongolia, underscoring its commitment to the country. Rio Tinto will establish a new office in Ulaanbaatar and expand its national employee numbers to around 80 through the course … Read the full press release

Fraunhofer researchers develop cost-effective coating based on renewable raw materials

MUNICH, 04-Jan-2018 — /EuropaWire/ — If a surface has to be protected against corrosion, in 80 percent of all cases this takes place through coating it with paints or varnishes. When doing so, the proportion of bio-based, environmentally-friendly solutions is extremely … Read the full press release

Rio Tinto dividends and share buy-backs cash returns to shareholders reaches $8.2 billion in 2017

LONDON, 28-Dec-2017 — /EuropaWire/ — Rio Tinto has successfully completed its $1.5 billion buy-back of Rio Tinto plc shares, comprised of the $500 million and $1 billion on-market share buy-back programmes announced on 8 February 2017 and 2 August 2017 … Read the full press release

thyssenkrupp and trade union IG Metall reach agreement for the planned 50/50 joint venture with Tata Steel Europe

thyssenkrupp agrees with employee representatives on conclusion of a collective agreement Collective agreement contains assurances on site and employment continuation and investment Agreement enables thyssenkrupp to implement its strategic and operational goals for the joint venture IG Metall collective bargaining … Read the full press release

juwi: the world’s largest PV-hybrid-system in Australia reports one year positive results

Wörrstadt, Germany, 28-Nov-2017 — /EuropaWire/ — juwi’s award winning solar hybrid project at Sandfire Resources DeGrussa Copper/Gold Mine has been successfully operating for more than one year. Over a year ago the world’s largest PV-hybrid-system, some 900 kilometers northeast of Perth … Read the full press release

Yara signs mining agreement in Ethiopia for its Dallol potash mine

Yara will sign a mining agreement with the Ethiopian authorities, making possible the future development of the Yara Dallol potash mine. OSLO, 08-Nov-2017 — /EuropaWire/ —  The mining agreement will be signed today at a ceremony in Addis Abeba by Ethiopian Minister … Read the full press release

Global aluminium producer RUSAL to attend the 23rd Conference of Parties of the UN Framework Convention on Climate Change in Germany

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL), a leading global aluminium producer, announces that it will be taking part in the 23rdConference of Parties of the UN Framework Convention on Climate Change. MOSCOW, 30-Oct-2017 — /EuropaWire/ — The two … Read the full press release

Glencore to acquire 26.73% of Volcan Compañia Minera S.A.A. for US$531 million

BAAR, 04-Oct-2017 — /EuropaWire/ — Glencore has concluded an agreement with certain shareholders (“Selling Shareholders”) of Volcan Compañia Minera S.A.A. (“Volcan”) pursuant to which Glencore has agreed to acquire 26.73% of the total class A common (voting) shares of Volcan at … Read the full press release

voestalpine AG: the most advanced special steel plant in the world will be built in Kapfenberg, Austria

LINZ, 28-Sep-2017 — /EuropaWire/ — After more than two years of planning, today the final location decision was taken during the Supervisory Board meeting of voestalpine AG: the most advanced special steel plant in the world, representing an investment of EUR 330 … Read the full press release

voestalpine opens its new high-tech wire rod mill in Leoben/Donawitz in Austria

LINZ, 28-Sep-2017 — /EuropaWire/ — voestalpine continues to strengthen its leading international position in the quality wire sector with the official opening of its new high-tech wire rod mill at the site of the Metal Engineering Division in Leoben/Donawitz in Austria. … Read the full press release

UC RUSAL completes modernization of Befesa-2 line for standard alloyed ingots production at Irkutsk Aluminium Smelter

MOSCOW, 12-Sep-2017 — /EuropaWire/ — UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL), a leading global aluminium producer, is pleased to announce the completion of the modernization of Befesa-2 line for standard alloyed ingots production at the Irkutsk Aluminium Smelter … Read the full press release

thyssenkrupp completes the sale of CSA Siderúrgica do Atlântico (CSA) steel mill in Brazil to Latin American steelmaker Ternium for EUR 1.5 billion

ESSEN, 12-Sep-2017 — /EuropaWire/ — The sale of the CSA Siderúrgica do Atlântico (CSA) steel mill in Brazil to the Latin American steelmaker Ternium is complete. With the closing of the transaction thyssenkrupp has received the purchase price (enterprise value) of … Read the full press release

Potash producer Uralkali takes US$850 million loan from 11 international banks

Berezniki, Russia, 21-Aug-2017 — /EuropaWire/ — Uralkali (the Company; MICEX: URKA), one of the world’s largest potash producers, has signed a loan agreement in the amount of US$850 million with 11 international banks. Coordinating Mandated Lead Arrangers and Bookrunners of the pre-export finance facility were Commerzbank … Read the full press release

Hydro to purchase Orkla’s 50% interest in Sapa

Orkla and Norsk Hydro (“Hydro”) have entered into an agreement whereby Hydro is to purchase Orkla’s 50% interest in Sapa. The sale is in line with Orkla’s strategy of being a leading branded consumer goods company.  OSLO, 11-Jul-2017 — /EuropaWire/ … Read the full press release

KUKA: KR AGILUS robot used in applications to deflash die-cast aluminium components at Grind Master

Grind Master, a global leader in metal finishing and deburring machines, has become an integrator for KUKA starting January 2016. The small robots of the KR AGILUS series in its portfolio deflash die-cast aluminium components with high consistency and quality. … Read the full press release

Bekaert’s formerly wholly-owned subsidiary in Sumaré (Brazil) integrated into BMB (Belgo Mineira Bekaert Artefatos de Arame Ltda) partnership

Kortrijk, Belgium, 22-Jun-2017 — /EuropaWire/ — Bekaert and ArcelorMittal have closed the transaction to integrate Bekaert’s formerly wholly-owned subsidiary in Sumaré (Brazil) into the BMB (Belgo Mineira Bekaert Artefatos de Arame Ltda) partnership. In line with the shareholding structure of the … Read the full press release

Q&A teleconference with Outotec CEO Markku Teräsvasara on Thursday, June 22, 2017

ESPOO, 15-Jun-2017 — /EuropaWire/ — The Q&A teleconference with CEO Markku Teräsvasara will be held on Thursday, June 22, 2017 at 1:00 PM (Finnish time). JOINING THE TELECONFERENCE AND PRESENTING QUESTIONS Dial in 5-10 minutes prior to the start time using … Read the full press release

EY report on mining and metals companies: Does cutting debt have to mean reducing your ambitions?

Top 50 miners reduce debt by 25% since 2014; and by 17% year-on-year in 2016 Debt-to-equity ratio down to 34% among leading mining companies Caution over balance sheet management could risk compromising future returns LONDON, 15-Jun-2017 — /EuropaWire/ — Global mining … Read the full press release

Laser Peening Metal Enhancement System Sold to ZAL Center of Applied Aeronautical Research in Hamburg

Laser peening extends component service life through increased fatigue strength, improved damage tolerance, and enhanced corrosion cracking resistance. It has been widely adopted by combustion turbine manufacturers to prevent critical component failures. Dublin, Ohio, USA, 14-Jun-2017 — /EuropaWire/ — LSP … Read the full press release

Outokumpu Director Saila Miettinen-Lähde Resigns

ESPOO, 12-Jun-2017 — /EuropaWire/ — Saila Miettinen-Lähde has today notified Outokumpu that she will resign the company’s Board of Directors. The reason for the resignation is the recent ruling by the district court of Helsinki on Miettinen-Lähde’s former employer Talvivaara’s … Read the full press release

Aurubis AG CFO Erwin Faust Terminates Contract for Health Reasons

HAMBURG, 12-Jun-2017 — /EuropaWire/ — It is with great regret that the Aurubis AG Supervisory Board has terminated CFO Erwin Faust’s contract as of June 30, 2017 for health reasons. “The Supervisory Board deeply regrets Mr. Faust’s departure. He has … Read the full press release

DEG provides long-term loan for Waelzholz expansion in Brazil

Long-term loan for investments in expansion COLOGNE, 08-Jun-2017 — /EuropaWire/ — Cold rolled steel strip is used, for example, in the automotive industry, toolmaking or manufacturing of industrial equipment. The German Waelzholz Gruppe, headquartered in Hagen, North-Rhine Westphalia, is one … Read the full press release

K+S completes 30% share purchase of Al Biariq for Fertilizer Plant Co., Ltd in Saudi Arabia

KASSEL, 05-Jun-2017 — /EuropaWire/ — Today (1 June 2017), K+S successfully completed the 30% share purchase of Al Biariq for Fertilizer Plant Co., Ltd (Al Biariq) in Saudi Arabia announced on December 19, 2016. With this purchase, K+S intends to participate in … Read the full press release

UC RUSAL signs new syndicated USD1.7 billion Pre-Export Finance Term Facility Agreement

MOSCOW, 29-May-2017 — /EuropaWire/ — UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, announces that it has entered into a new syndicated Pre-Export Finance Term Facility Agreement with the following key terms and conditions: … Read the full press release