Category Archives: Metals and Minerals

Metals and Minerals Press Releases & News distributed via EuropaWire

Mytilineos S.A. purchased 52,000 own shares on the Athens Exchange

(PRESS RELEASE) ATHENS, 23-Nov-2020 — /EuropaWire/ — Mytilineos S.A., a Greece-based industrial conglomerate, has announced it purchased 52,000 of its own shares on the  Athens Exchange. According to the resolution of Mytilineos Extraordinary Shareholders’ Meeting dated 27.03.2020, the company acquired … Read the full press release

An initiative in Brazil to promote income generation and training of seamstresses in the community where Hydro’s alumina refinery and aluminium plant work

(PRESS RELEASE) OSLO, 20-Nov-2020 — /EuropaWire/ — Norsk Hydro ASA (OTCMKTS: NHYDY), a Norwegian aluminium and renewable energy company, has announced it is part of “Travessia Barcarena” initiative, which aims at promoting income generation and training of seamstresses in the … Read the full press release

Hydro’s low-carbon aluminium and expertise selected for Arksen’s sustainable vessel project

(PRESS RELEASE) OSLO, 4-Nov-2020 — /EuropaWire/ — Hydro, aluminium and renewable energy company, has been selected by UK-based marine adventure company Arksen to provide low-carbon aluminium and aluminium expertise for its sustainable vessel design. The partnership with aluminium producer Hydro … Read the full press release

Results of ArcelorMittal Offer to Purchase for Cash Any and All of its 6.125% Notes due 2025

(PRESS RELEASE) LUXEMBOURG, 14-Oct-2020 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced the results of its offer to purchase for cash any and all of its 6.125% Notes due 2025. On October … Read the full press release

De Beers Group: steady improvement in demand for rough diamonds in the eighth sales cycle of 2020

(PRESS RELEASE) LONDON, 14-Oct-20220 — /EuropaWire/ — Anglo American plc (LON: AAL), a global mining company with a portfolio that spans diamonds, platinum, copper, iron ore, etc., has announced De Beers’ eighth sales cycle of 2020 value of rough diamond … Read the full press release

ANDRITZ GROUP subsidiaries ANDRITZ Maerz and Schuler to supply a complete production line for train wheels to Russia

(PRESS RELEASE) GRAZ, 29-Sep-2020 — /EuropaWire/ — ANDRITZ and Allegro signed a contract to supply a complete production line for train wheels. Allegro is a subsidiary of EVRAZ and RailService established to implement the project to produce train wheels in … Read the full press release

Mytilineos S.A. purchased 73,000 of its own shares on the Athens Exchange

(PRESS RELEASE) ATHENS, 29-Sep-2020 — /EuropaWire/ — Greek industrial conglomerate active in metallurgy and energy, Mytilineos S.A. (MYTIL:GA) announces that, according to the resolution of its Extraordinary Shareholders’ Meeting dated 27.03.2020, on 28.09.2020, acquired through the Athens Exchange 73,000 own … Read the full press release

ArcelorMittal to repurchase its own shares for US$500 million between 28 September 2020 and 31 March 2021

(PRESS RELEASE) LUXEMBOURG, 28-Sep-2020 — /EuropaWire/ — Multinational steel manufacturing corporation, ArcelorMittal announces a share buyback program (the ‘Program’) under the authorization given by the annual general meeting of shareholders held on June 13, 2020 (the ‘AGM Authorization’). For the … Read the full press release

ArcelorMittal divests 100% of the shares of ArcelorMittal USA to Cleveland-Cliffs

(PRESS RELEASE) LUXEMBOURG, 28-Sep-2020 — /EuropaWire/ — Multinational steel manufacturing corporation, ArcelorMittal announces a definitive agreement (the “Agreement”) with Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) for the divestiture of 100% of the shares of ArcelorMittal USA to Cleveland-Cliffs for a combination of cash … Read the full press release

Anglo American extends strategic IT services agreement with Accenture to 2023

(PRESS RELEASE) JOHANNESBURG, South Africa, 17-Aug-2020 — /EuropaWire/ — Accenture (NYSE: ACN), a leading global professional services company, has announced it has extended its IT services agreement with Anglo American (LON: AAL), a multinational mining company, until 2023. The new … Read the full press release

thyssenkrupp CEO Martina Merz on first 9 months 2019/2020: business came through the crisis slightly better than initially feared in Q3 overall

Weeks of stoppages and slump in auto sector impact in particular materials and components businesses Structural challenges continue to weigh on steel business Sales of continuing operations after 9 months down 15 percent year-on-year Adjusted EBIT in Q3 significantly negative … Read the full press release

Hydro to provide nearly EUR 4 million for the construction of technical school in the Barcarena area, Brazil

(PRESS RELEASE) OSLO, 13-Aug-2020 — /EuropaWire/ — Norsk Hydro ASA (OTCMKTS: NHYDY), a Norwegian aluminium and renewable energy company, has announced it has signed an agreement with the Government of Pará to include the Barcarena School of Work and Production, … Read the full press release

Rio Tinto Diamonds: despite unprecedented challenges due to COVID-19 pandemic the company safeguards the livelihoods of many in the industry

(PRESS RELEASE) LONDON, 23-Jul-2020 — /EuropaWire/ — Leading global metals and mining corporation Rio Tinto has announced it continued to produce and market its diamonds throughout the challenges posed by the COVID-19 pandemic. Rio Tinto, 100 per cent owner of … Read the full press release

Study: aluminum is both a climate-friendly and cost-reducing material choice for bridge building

(PRESS RELEASE) OSLO, 10-Jul-2020 — /EuropaWire/ — Norwegian aluminium and renewable energy company Norsk Hydro ASA (Hydro) has announced the release of a new study on how an aluminium bridge could be a cost-efficient and climate-friendly alternative for the new … Read the full press release

Electromobility: BMW Group to purchase the cobalt it needs for battery cells directly from the Moroccan mining company Managem Group

Supply contract signed with Managem Group (contract period: 2020 – 2025) BMW AG Board of Management member for Purchasing Andreas Wendt: “We are systematically driving electrification of our vehicle fleet. Sustainability plays a central role in expanding electromobility.” (PRESS RELEASE) … Read the full press release

SGS opens new commercial geochemistry laboratory in Tarkwa, Ghana

(PRESS RELEASE) GENEVA, 6-Jul-2020 — /EuropaWire/ — World’s leading inspection, verification, testing and certification company, SGS announces the inauguration of its new state-of-the-art commercial geochemistry laboratory in Tarkwa, Ghana. Capable of processing 50,000 to 60,000 samples per month, it is … Read the full press release

Imerys announces the appointment of Olivier Pirotte as Director of the Strategy and Mergers & Acquisitions and Sébastien Rouge as Chief Financial Officer

(PRESS RELEASE) PARIS, 3-Jul-2020 — /EuropaWire/ — World leader in specialty industrial minerals, Imerys announces changes in its Executive Committee as of August 2, 2020. Olivier Pirotte will become Director of the Strategy and Mergers & Acquisitions of the Group, … Read the full press release

Hydro to donate thousands of food baskets to people near its operations in the state of Pará in northern Brazil

(PRESS RELEASE) OSLO, 19-Jun-2020 — /EuropaWire/ — Norwegian aluminium and renewable energy company Hydro has announced it is making its second donation in Brazil since the country was severely hit by the Covid-19 pandemic. The company will donate 11,000 food … Read the full press release

thyssenkrupp Steel Europe to reduce CO2 emissions with the use of green hydrogen from RWE Generation

CO2 emissions from iron production to be reduced 100 MW electrolyzer could cover 70% of H2 requirement of a thyssenkrupp blast furnace Rapid implementation of National Hydrogen Strategy helpful for investment decisions (PRESS RELEASE) ESSEN, 10-Jun-2020 — /EuropaWire/ — Essen … Read the full press release

The head of Hydro Extruded Solutions Egil Hogna steps down

(PRESS RELEASE) OSLO, 2-Jun-2020 — /EuropaWire/ — Norwegian aluminium and renewable energy company Norsk Hydro has announced there will be changes in its management team as the company’s head for the Extruded Solutions business area Egil Hogna, Executive Vice President, … Read the full press release

Sustainability: Norcable’s industrial electric cable are made with Hydro’s aluminium made from renewable energy

(PRESS RELEASE) OSLO, 26-May-2020 — /EuropaWire/ — Aluminium-based industrial power cables producer Norcable has chosen to purchase aluminium from Hydro as it is important for the company the aluminium used in its products has a small carbon footprint. For Norcable … Read the full press release

COVID-19: Anglo American sets out global initiatives to help ease the health and economic effects of the pandemic

(PRESS RELEASE) LONDON, 20-Apr-2020 — /EuropaWire/ —  Anglo American, in its global response to the COVID-19 pandemic, has set out the extensive support it is providing to its employees, host communities and countries of operation. Anglo American is continuing to … Read the full press release

COVID-19: Hydro supports construction and maintenance of four new field hospitals in Brazil

(PRESS RELEASE) OSLO, 3-Apr-2020— /EuropaWire/ — Hydro donates BRL 5 million to support construction and maintenance of the new field hospitals as part of emergency measures to fight the COVID-19 pandemic in Brazil. The four new hospitals will create 720 … Read the full press release

COVID-19: thyssenkrupp and IG Metall roll out an immediate “Corona crisis package”

COVID-19: thyssenkrupp and IG Metall roll out an immediate "Corona crisis package"

(PRESS RELEASE) ESSEN, 26-Mar-2020 — /EuropaWire/ — Industrial company thyssenkrupp and Germany’s metalworkers union IG Metall announced they will roll out an immediate “Corona crisis package” to deal with the pandemic. Second, the companies have reached an agreement to implement … Read the full press release

Hydro achieves carbon neutral goal ahead of schedule

(PRESS RELEASE) OSLO, 25-Mar-2020 — /EuropaWire/ — Through extensive use of renewable energy sources for aluminium production to ever-advancing technology to reduce electricity consumption and emissions from its operations, Hydro has worked long and hard to reduce its own carbon … Read the full press release

Hydro releases its primary aluminium range with low CO2 footprint to the extrusion market

(PRESS RELEASE) OSLO, 4-Mar-2020 — /EuropaWire/ — Hydro REDUXA certifiably contains up to 4 kg CO2 per kg aluminium compared to the average aluminium consumed in Europe which contains 8.6 kg CO2 per kilo aluminium. Hydro sees an increase in … Read the full press release

Glencore welcomes Kalidas Madhavpeddi to its Board of Directors

(PRESS RELEASE) BAAR, Switzerland, 4-Feb-2020 — /EuropaWire/ — Glencore appoints Kalidas Madhavpeddi as an Independent Non-Executive Director, effective immediately. Kalidas has more than 30 years of experience in the international mining industry, including most recently as the CEO of China … Read the full press release

Hydro: Contemporary, Greener building for Ticon

(PRESS RELEASE) OSLO, 20-Jan-2020 — /EuropaWire/ — MODERN TICON BUILDING – The historic Ticon Building in Drammen, Norway has undergone modernization integrating Hydro’s low-carbon recycled CIRCAL aluminum but retaining its original architectural design. The Ticon Building, built in 1963, has … Read the full press release

Fortum supports its battery business with the acquisition of Crisolteq

(PRESS RELEASE) ESPOO, 17-Jan-2020 — /EuropaWire/ — Fortum strengthens its position in the recycling of high value materials in Europe with the acquisition of 100 percent shareholding in Crisolteq, a Finnish specialist in recycling valuable metals in lithium-ion batteries. This … Read the full press release

CMC Poland signs 10-Year contract with Statkraft

(PRESS RELEASE) ZAWIERCIE / AMSTERDAM, 17-Jan-2020 — /EuropaWire/ — Statkraft, a hydropower company, has joined forces with Commercial Metals Company Poland (CMC) signing a 10-year financial Power Purchase Agreement (PPA) providing 20 percent fixed-rate for CMC Poland starting in 2021. … Read the full press release