(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
(IN BRIEF) Macquarie Asset Management has inked an agreement with Hydro, a prominent Norwegian aluminum and renewable energy company, to purchase a 49.9 percent ownership interest in Hydro’s renewable energy subsidiary, Hydro Rein, for $332 million. This deal values Hydro … Read the full press release
(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release
(IN BRIEF) MYTILINEOS Energy & Metals has achieved an “AA” excellent rating for Environmental, Social, and Governance (ESG) practices in the Morgan Stanley Capital International (MSCI) index. This recognition comes just one year after MYTILINEOS entered the MSCI ESG index … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Greece, Industrial, Management, Metals and Minerals, News
Tagged 'AA' Rating, Awards, Dimitris Papadopoulos, ESG Excellence, MSCI Index, MYTILINEOS, sustainability
(IN BRIEF) Outokumpu has appointed Michael Tecza as Project Director and Hugh Embrey as Technical Project Director to lead an ongoing feasibility study in the Americas. The study aims to increase cold-rolling capacity and explore options for hot-rolling arrangements in … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged Americas, appointment, feasibility study, Hugh Embrey, leadership, Michael Tecza, Outokumpu, Stefan Erdmann
(IN BRIEF) Zinnwald Lithium Plc (“Zinnwald Lithium”) and Metso are making significant progress in developing a beneficiation plant concept for the Zinnwald Lithium Project, located near Dresden, Germany. This project aims to supply battery-grade lithium hydroxide (LiOH) to the European … Read the full press release
(IN BRIEF) FLSmidth Mining is strengthening its worldwide service network by expanding service centers in Karaganda, Kazakhstan, and Tucson, USA. In Karaganda, the existing service center will grow significantly, providing enhanced service capabilities for heavy mining products. In Tucson, a … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged and Tucson, FLSmidth, Joshua Meyer, Karaganda, Kazakhstan, Mining Industry, partnership, sustainability, USA
(IN BRIEF) HYBRIT, a partnership between SSAB, LKAB, and Vattenfall, has achieved a significant breakthrough in hydrogen storage for use in fossil-free steel production. During commercial testing on the electricity market, their hydrogen storage system demonstrated excellent results, potentially reducing … Read the full press release
(IN BRIEF) The Bell Centre, home to the Montreal Canadiens, is joining forces with Rio Tinto to introduce infinitely recyclable cups made from aluminum produced in Quebec’s Saguenay – Lac-Saint-Jean region. This five-year partnership aligns with the Montreal Canadiens’ “The … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sports, Technology, United Kingdom
Tagged aluminum, Bell Centre, CANADA, Daniel Trottier, Montreal Canadiens, partnership, plastic waste, recyclable cups, Rio Tinto, Sébastien Ross, sports, sustainability
(IN BRIEF) Orano, a responsible mining company with a 25-year presence in Mongolia, has signed a protocol for the development and operation of the Zuuvch-Ovoo uranium mine project in Mongolia. The signing ceremony took place at the Elysée Palace in … Read the full press release
(IN BRIEF) AMAG, an Austrian corporation, has been honored at the Cercle Investor Relations Austria (CIRA) Annual Conference for its exceptional sustainability reporting. The conference has been recognizing Austrian companies for their capital market communication since 2016, with a focus … Read the full press release
Posted in Austria, Awards, Business, Environment, Management, Metals and Minerals, News
Tagged AMAG, Award, Christoph Gabriel, CIRA Annual Conference, Gerald Mayer, Prof. Dr. Henning Zülch, sustainability
(IN BRIEF) thyssenkrupp Aerospace and Boeing have agreed to extend their long-term partnership, which has been ongoing since 1998. Under the contract extension, thyssenkrupp Aerospace, a part of thyssenkrupp Materials Services, will continue to provide supply chain management services, supply … Read the full press release
(IN BRIEF) Rio Tinto has pledged an additional A$1.7 million to the Australia-Japan Innovation Fund (AJIF) during the 60th Australia-Japan Annual Joint Business Conference in Melbourne. This funding will support research projects and strengthen collaboration between Australia and Japan in … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology, United Kingdom
Tagged Australia, Innovation Fund, investment, Japan, Justin Hayhurst, Kazuhiro Suzuki, Kellie Parker, Murray McLean, partnership, Rio Tinto, sustainability
(IN BRIEF) AMAG Austria Metall AG has renewed its multi-year supply contract with Airbus. This contract renewal allows AMAG to increase its business volume due to rising aircraft production rates and a larger market share. AMAG will supply certified rolled … Read the full press release
Posted in Austria, Aviation & Aerospace, Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Airbus, AMAG Austria Metall, Gerald Mayer, partnership, sustainability
(IN BRIEF) voestalpine, a leading global steel and technology group, has commenced construction for its greentec steel project at its Linz headquarters in Austria. This initiative aims to electrify energy-intensive processes in steel production using two green electricity-powered electric arc … Read the full press release
(IN BRIEF) MYTILINEOS Energy & Metals, a global manufacturer and contractor of solar energy and energy storage projects, has achieved significant milestones in its solar projects in Spain. The Jaen and Guillena solar projects, each with 50 MW capacity, have … Read the full press release
(IN BRIEF) The London Metal Exchange (LME) is collaborating with global producers and standards organizations to enhance its digital ESG data platform, LMEpassport, providing the metals community with access to verified sustainability data from global producers. LMEpassport now lists 466 … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged Andrea Vaccari, Bastian Buck, Boliden, CCCMC, Cobalt Institute, Codelco, EITI, ESG, Freeport-McMoRan, Georgina Hallett, GRI, Jennifer Peyser, LMEpassport, London Metal Exchange, Mark Robinson, Nicole Porcile, partnership, RMI, Sun Lihui, sustainability, Sven Hjelmstedt, Tom Fairlie
(IN BRIEF) Anglo American plc is hosting a visit for analysts and investors to its Crop Nutrients business, focusing on the Woodsmith project in North Yorkshire, UK. Woodsmith is designed as a modern underground mine to produce POLY4, a natural … Read the full press release
(IN BRIEF) Hydro is dedicating €3 million to construct a new water treatment plant at its Schwandorf legacy site in Germany. The legacy site, acquired by Hydro in 2002, holds bauxite residue from operations by VAW from the 1930s to … Read the full press release
(IN BRIEF) Aurubis, a prominent global multimetal producer and a leading copper recycler, has successfully completed the Copper Mark certification process for its Olen plant in Belgium, becoming the fourth site in its smelter network to receive the internationally recognized … Read the full press release
(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, and Fissler, a premium cookware manufacturer, have collaborated to introduce Outokumpu Circle Green®, an innovative stainless steel with a remarkable up to 92% reduction in carbon footprint compared to industry averages. … Read the full press release
(IN BRIEF) Empa, a Swiss research institute, has created an innovative method for analyzing heavy metals like mercury, lead, and cadmium in batteries, supporting compliance with strict regulations. Batteries, used extensively in various applications, can contain harmful ingredients, and their … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Security & Safety, Switzerland, Technology
Tagged Analyze, batteries, cadmium, Claudia Schreiner, Empa, FOEN, Hazardous Heavy Metals, innovative, lead, Marcel Held, mercury, Renato Figi, safety, sustainability
(IN BRIEF) BBVA, a prominent financial institution, has made history by providing the first sustainable corporate loan to a mining company in Peru. The $200 million ‘Club Deal’ facility benefits mining companies Ares and Amarillo Mineraçao do Brasil. This groundbreaking … Read the full press release
(IN BRIEF) SSAB Europe’s Business Unit Finland is entering into change negotiations in Raahe due to ongoing weak demand. The company aims to structurally reduce fixed costs by at least EUR 10 million annually. These negotiations, involving approximately 2,400 employees, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Management, Metals and Minerals, News, Sweden
Tagged acquisition, Costs cutting, Jarkko Matkala, negotiations, partnership, Raahe, SSAB
(IN BRIEF) voestalpine has launched an innovative brand campaign, featuring its employees as ambassadors who sing about their passions and roles in a rendition of “My Favorite Things.” This campaign highlights how voestalpine contributes to sustainability and modern living through … Read the full press release
(IN BRIEF) The Fergana Valley, a crucial agricultural region in Central Asia, faces a looming environmental crisis resulting from decades-old uranium mining activities. The aftermath of Soviet-era uranium mining, marked by abandoned mines, open tunnels, and improperly managed waste dumps, … Read the full press release
(IN BRIEF) The Salzgitter Group, a prominent player in the steel industry, has partnered with technology leader ANDRITZ to create one of Europe’s largest green hydrogen facilities as part of the SALCOS® program. ANDRITZ will build a 100 MW electrolysis … Read the full press release
Posted in Austria, Energy, Gas & Oil, Germany, Industrial, Metals and Minerals, Technology
Tagged Andritz, CO2-free steel production, Domenico Iacovelli, electrolysis plant, GREEN HYDROGEN, green hydrogen plants, green steel, green steel production, HydrogenPro, pressurized alkaline electrolyzer, SALCOS® program, Salzgitter Flachstahl GmbH, The Salzgitter Group, Ulrich Grethe
(IN BRIEF) Boliden, a prominent mining and smelting company, has teamed up with Volvo Autonomous Solutions (V.A.S.) in a strategic partnership aimed at introducing autonomous transport solutions in Boliden’s mining operations. Their first project will be initiated at the Garpenberg … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Metals and Minerals, Sweden, Technology, Transportation & Logistics
Tagged autonomous transport, autonomous transport solution, autonomous underground transports, Boliden, Daniel Eklund, electrification underground, Garpenberg mine, Mines, truck, V.A.S., Volvo Autonomous Solutions
(IN BRIEF) Remediation work at legacy uranium mining sites in Uzbekistan is being funded by a €9 million grant from the Environmental Remediation Account for Central Asia (ERA), established by the European Union (EU) and managed by the European Bank … Read the full press release
Posted in Banks, Business, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged EBRD, EU, Remediation Project, Tashkent, Uranium Mining Sites, Uzbekistan
(IN BRIEF) ANDRITZ, a leading international technology group, has secured a major contract from ArcelorMittal in France to provide a cutting-edge reversible 6-high cold-rolling mill for processing high-grade non-oriented silicon steel strip (NGO) used in electric motors for e-mobility. This … Read the full press release
(IN BRIEF) Outokumpu’s Shareholders’ Nomination Board is responsible for proposing the composition of the Board of Directors and director remuneration for the Annual General Meeting. The Nomination Board is comprised of representatives from the four largest shareholders based on the … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged appointment, Board of Directors Co, Jouko Pölönen, Kari Jordan, leadership, Outi Antila, Outokumpu, Pekka Pajamo, Reima Rytsölä, shareholders
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