(IN BRIEF) Outokumpu has completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 163,476 shares on December 15, 2023, at a weighted average price … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program, shares
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is investing approximately EUR 30 million in a pelletizing plant for biocoke in Tornio, Finland, with production set to start in mid-2025. The move aims to reduce direct emissions … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged biocoke, Finland, green steel production, Outokumpu, partnership, Pelletizing Plant, sustainability, Timo Huhtala, Tornio
(IN BRIEF) Outokumpu has successfully completed its share repurchase program, acquiring a total of 157,620 treasury shares across multiple trading venues at an average price of EUR 4.46 per share. The program, announced on November 29, 2023, allowed for the … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program, treasury shares
(IN BRIEF) Outokumpu’s Board of Directors has approved the initiation of the company’s share-based programs, the Performance Share Plan (PSP) and Restricted Share Pool (RSP), for the period spanning from 2024 to 2026. These programs will commence at the beginning … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, performance, sustainability
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has partnered with ZWILLING, a leading supplier of high-quality kitchen products, and steel trading company STAHL KREBS to reduce the carbon footprint of stainless steel knives. The collaboration involves the … Read the full press release
(IN BRIEF) Boliden, a pioneering mining and metals company, has achieved validation and approval for its climate targets from the Science Based Targets initiative (SBTi), making it one of the first companies in the industry to do so. Boliden’s ambitious … Read the full press release
Posted in Awards, Business, Environment, Management, Metals and Minerals, News, Sweden
Tagged Åsa Jackson, Awards, Boliden, climate targets, Science Based Targets Initiative (SBTi), sustainability
(IN BRIEF) On December 12, 2023, Outokumpu has successfully completed its share repurchase program, buying back a total of 170,090 of its own shares on trading venues CEUX and XHEL. The repurchase program, which was announced on November 29, 2023, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, shares
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and Siemens, a technology company, have announced a partnership to use Outokumpu’s Circle Green®, a stainless steel variant with up to a 93% lower carbon footprint than the industry average, … Read the full press release
Posted in Business, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Niklas Wass, Outokumpu, partnership, Siemens, Stephan May, sustainability, switchgear, zero stainless steel
УЧАСТНИКИ МАСТЕР-КЛАССА ПОЛУЧАТ СЦЕННЫЕ ЗНАНИЯ О МИРЕ ТОРГОВЛИ СЫРЬЕВЫМИ ТОВАРАМИ И ХЕДЖИРОВАНИЯ ЧЕРЕЗ ИМЕРСИВНЫЙ ОНЛАЙН-КУРС, ОСНОВАННЫЙ НА СТРАТЕГИИ ЭКСПЕРТА ПО ТОРГОВЛЕ ЗОЛОТОМ МИХАИЛА ПЕЛЕГА. (ВКРАТЦЕ) Независимый эксперт по акционной торговле Сергей Левин запускает эксклюзивный четырехнедельный онлайн-курс под названием “Мастер-класс по … Read the full press release
Posted in Business, Commodities, Economy, Education, Energy, Gas & Oil, Financial, International Trade, Internet & Online, Investment, Metals and Minerals
Tagged Мастер-класс по торговле, Михаил Пелег, онлайн-курса, онлайн-мастер-класс, Сергей Левин, сырьевыми товарами, товарных трейдеров, торговле товарами, торговли сырьевыми товарами, торговля сырьевыми товарами, хедж-фондов, хеджирование, хеджированию, эксперт по торговле акциями
(IN BRIEF) On December 8, 2023, Outokumpu successfully completed its share repurchase program, acquiring a total of 169,928 of its own shares across two trading venues, CEUX and XHEL. The weighted average price per share stood at EUR 4.33, resulting … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquiring, Financial, investment, Outokumpu, share repurchase, shares
(IN BRIEF) ArcelorMittal has successfully concluded the sale of its Kazakh steel and mining operation, ArcelorMittal Temirtau, to the Qazaqstan Investment Corporation (QIC), a state-controlled direct investment fund. The transaction involves a total consideration of $986 million, comprising $286 million … Read the full press release
(IN BRIEF) Norwegian aluminum company Hydro has successfully concluded a $1.11 billion transaction involving the sale of a 30% interest in the Brazilian alumina refinery, Hydro Alunorte, as well as Hydro’s 5% stake in bauxite producer Mineracão Rio do Norte … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, Norway
Tagged aluminum smelters, Alunorte, Glencore, Hilde Merete Aasheim, Hydro, LNG, oil
(IN BRIEF) Irizar e-mobility, a Spanish electric vehicle manufacturer, has become the first company to incorporate recycled aluminium produced using green hydrogen into their products. Hydro Extrusions, their supplier, produced the recycled aluminium in Navarra, Spain, using green hydrogen, which … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Spain, Technology, Transportation & Logistics
Tagged Bruno D’hondt, e-mobility, electric buses, GREEN HYDROGEN, Guillermo-A. Fernández Caballero, Irizar, Norsk Hydro, partnership, recycled aluminium, Spain, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has unveiled a new mining sector strategy outlining its priorities until 2029. Recognizing the mining industry’s pivotal role in developing environmentally friendly economies in line with the Paris Agreement, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Technology, United Kingdom
Tagged digital transition, EBRD, partnership, sustainability, sustainable mining
(IN BRIEF) Hydro, a leading global aluminium company, has announced its strategic direction for the coming decade, focusing on capturing opportunities in the growing demand for low-carbon aluminium. The company aims to achieve this by stepping up its efforts in … Read the full press release
(IN BRIEF) Hydro, a global aluminium producer, has signed a significant agreement with Sanvira Tech LLC to secure a stable supply of carbon anodes from Oman for its Norwegian aluminium smelters. The contract spans eight years with extension options and … Read the full press release
Posted in Business, Industrial, Metals and Minerals, Norway
Tagged Aluminium Smelters, carbon anodes, Eivind Kallevik, Hydro, Norway, Oman, Sanvira Tech LLC
(IN BRIEF) Freeport-McMoRan has awarded a significant order to Metso for the delivery of a state-of-the-art tankhouse material handling solution to its El Paso electrorefinery in Texas, USA. The order, valued at over EUR 10 million, has been booked in … Read the full press release
(IN BRIEF) Metso has introduced the HRT-S, a pre-engineered high-rate thickening solution that complements its existing High-Rate Thickener product family. This innovation allows for shorter delivery times and is part of Metso’s Planet Positive initiative, promoting sustainability. The HRT-S thickener … Read the full press release
(IN BRIEF) In a significant development, Boliden has decided to bolster its provisions for reclamation by SEK 3.8 billion, primarily attributed to ambitious reclamation plans for its Aitik and Garpenberg mines. This decision will trigger an annual depreciation rise of … Read the full press release
(IN BRIEF) Hydro Extrusions, a leading aluminum manufacturer, has joined forces with UK startup Watt Electric Vehicles (WEVC) to supply recycled, low-carbon aluminum extrusions for WEVC’s upcoming electric commercial vehicle, the eCV1. This collaboration aims to reduce the vehicle’s weight … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Technology, United Kingdom
Tagged eCV1, electric commercial vehicle, Hydro Extrusions, Hydro Tibshelf, innovative, low-carbon aluminum, Norsk Hydro, partnership, Paul Warton, sustainability, Watt Electric Vehicles
(IN BRIEF) ArcelorMittal, a global steel industry leader, is entering the additive manufacturing (AdM) market as a supplier of high-quality steel powders. The company is constructing an industrial-scale atomizer in Spain, with production scheduled to begin in January 2024. This … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Investment, Luxembourg, Metals and Minerals, Spain, Technology
Tagged 17-4PH, 316L, 430L, AdamIQ™, additive manufacturing, ADM, ArcelorMittal, ArcelorMittal Powders, atomiser, Aviles, Binder Jetting, Colin Hautz, direct energy deposition, Gregory Ludkovsky, H11, H13, inert gas atomiser, laser powder bed fusion, low alloy steels, LPBF, M300, scrap steel, Spain, stainless steels, steel powder supplier, steel powders, tool steels
(IN BRIEF) Hydro, the Norwegian aluminum company, has celebrated a decade of investment in the Pará Biodiversity Research Consortium (BRC) in Brazil, amounting to approximately BRL 15 million. Over the years, the BRC has transformed from a formal agreement into … Read the full press release
Posted in Business, Education, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Science
Tagged Biodiversity Research Consortium, Brazil, Eduardo Figueiredo, Hugo de Boer, Hydro, investment, Marlúcia Martins, mining, partnership, Professor Gracialda Ferreira, sustainability
(IN BRIEF) Norwegian company Hydro is grappling with a potential disruption in its power supply as Markbygden Ett AB, a power supplier with whom Hydro has a long-term contract, enters into a company reorganization process under the Swedish Reorganization Act. … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Norway
Tagged Hydro, Markbygden Ett, Power Supply Disruption
(IN BRIEF) Scania and SSAB, two leading companies in the transportation and steel industries, have signed a letter of intent to eliminate carbon emissions from all steel deliveries from SSAB to Scania’s heavy-duty vehicles by 2030. This ambitious goal includes … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, Transportation & Logistics
Tagged Christian Levin, decarbonization, fossil-free steel, heavy duty vehicles, Martin Lindqvist, partnership, Scania, SSAB, Steel Deliveries, sustainability
(IN BRIEF) Glencore is set to purchase a 77% effective interest in Teck Resources Limited’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. The deal includes NSC’s and POSCO’s interests in EVR. Upon completion, EVR will … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, Switzerland
Tagged acquisition, CANADA, Canadian steelmaking coal, cobalt, copper, Elk Valley Resources, Elkview Operations, EVR, Fording River, Gary Nagle, Glencore, Glencore plc, Greenhills, Greenhills joint venture, Line Creek, Mines, Neptune Terminals, nickel, Nippon Steel Corporation, North Vancouver, NSC, oal mines, POSCO, Southeast British Columbia, steelmaking coal, steelmaking coal business, Teck, Teck Resources Limited, zinc
(IN BRIEF) The transition to a net-zero economy presents significant challenges for various industries, especially “hard-to-abate” sectors such as cement, steel, chemicals, mining, shipping, and aviation. These sectors contribute to about 30% of global emissions, making their transition crucial. The … Read the full press release
(IN BRIEF) In a significant move towards sustainable stainless steel production, Outokumpu has partnered with Envigas AB, a leading biocarbon producer, by acquiring a 20% ownership share. Outokumpu’s commitment to reducing carbon dioxide emissions by 42% by 2030 aligns with … Read the full press release
(IN BRIEF) Peab, SSAB, Ruukki Construction, and Wihlborgs have unveiled the world’s first building constructed entirely with fossil-free steel in Lund, Sweden. The industrial facility named “Tomaten 1” represents a significant milestone in reducing the carbon footprint of the construction … Read the full press release
Posted in Construction, Environment, Industrial, Infrastructure & Utilities, Metals and Minerals, Sweden
Tagged Christina Friborg, civil engineering, climate neutrality, construction, fossil-free steel, Hasslanda, Jesper Göransson, Lund, Peab, Romina Pourmokhtari, Ruukki Construction, Sami Eronen, SSAB, Sweden, Tomaten 1, Ulrika Hallengren, Wihlborgs
(IN BRIEF) voestalpine, a steel and technology company, reported its financial performance for the first half of the 2023/24 fiscal year. The company faced economic challenges with declining revenue and earnings due to a changing economic landscape. While some sectors … Read the full press release
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has released its interim report for January to September 2023, highlighting both the challenges and successes during this period. In Q3 2023, the company experienced a challenging market environment in … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Americas, economy, European market, Financial, Heikki Malinen, investment, Outokumpu, partnership, Pia Aaltonen-Forsell, sustainability
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and CRONIMET, a global leader in recycled stainless steel, are expanding their collaboration to enhance the sourcing and supply of high-quality scrap in Northeastern Europe. Outokumpu has agreed to acquire … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged CO2 emissions, CRONIMET, economy, Jürgen Pilarsky, Marc-Simon Schaar, Outokumpu, partnership, Stainless Steel, sustainability
(IN BRIEF) Outokumpu, a global leader in advanced materials, has unveiled plans for restructuring measures in Germany as part of its strategy to enhance competitiveness and maintain a strong position in the global market for advanced materials. The company aims … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged advanced materials, Dillenburg, Germany, leadership, Outokumpu, partnership, sustainability, Thomas Anstots
(IN BRIEF) The Supervisory Board of voestalpine AG has announced the appointment of Gerald Mayer to its Management Board as the Chief Financial Officer (CFO), effective from April 1, 2024. Mayer, a finance expert with international industry experience, will serve … Read the full press release
Posted in Austria, Business, Industrial, Management, Metals and Minerals, News, Technology
Tagged appointment, Gerald Mayer as CFO, Herbert Eibensteiner, leadership, Robert Ottel, voestalpine AG, Wolfgang Eder
(IN BRIEF) Ricoh Company, Ltd. and Siemens Digital Industries Software have entered into a collaboration to develop industrial aluminium Binder Jetting (BJT) for serial mass production. This innovative additive manufacturing technique utilizes Ricoh’s inkjet printing technology to create complex-shaped metal … Read the full press release
(IN BRIEF) Continental has acquired Vertech AB, a conveyor and maintenance company located in Kiruna, Northern Sweden. Vertech AB specializes in servicing the conveyor industry in mining areas of Sweden and Norway. This acquisition is part of Continental’s strategy to … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway, Sweden
Tagged acquisition, Continental, Norway, partnership, sustainability, Sweden, Vertech AB
(IN BRIEF) Metso has announced that it has received orders for three Outotec Anode Casting Shops from significant copper producers in Japan and China, with a total order value of EUR 13 million. These orders further strengthen Metso’s position as … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Anode Casting Shops, CHINA, copper, Harri Talvensaari, Japan, Metso, partnership, sustainability
(IN BRIEF) Glencore, a global mining and commodities company, released its Third Quarter 2023 Production Report. The report highlights the company’s performance over the first nine months of the year, emphasizing that copper, coal, and zinc assets met expectations and … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Switzerland
Tagged 2023 Q3 Production, ferrochrome, Financial, Gary Nagle, Glencore, investment, nickel
(IN BRIEF) The foundation stone was ceremonially laid for the expansion of production capacities at Brembo SGL Carbon Ceramic Brakes (BSCCB) at the SGL Carbon site in Meitingen. The expansion involves the construction of two new production halls with a … Read the full press release
(IN BRIEF) The Board of Directors of SSAB AB (publ) has decided to initiate a share buyback program with a maximum amount of SEK 2.5 billion (~EUR 212.5 Million). The program aims to optimize the company’s capital structure to enhance … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged acquisitions, Financial, investment, Martin Lindqvist, Share Buyback Program, SSAB
(IN BRIEF) Norsk Hydro ASA has provided details of transactions made under its share buyback program, which commenced on September 22, 2023, and is set to conclude on February 29, 2024. The program has involved multiple transactions, with varying daily … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway
Tagged Financial, investment, Norsk Hydro, Share Buyback Program
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