(IN BRIEF) Electric vehicles (EVs) are essential for decarbonizing the transport sector, yet concerns regarding the sustainability of materials used in their electric motors persist. A recent IDTechEx report predicts a demand for over 160 million electric motors annually by … Read the full press release
Posted in Automotive, Electronics & Machinery, Environment, Industrial, Marketing, Metals and Minerals, Science, Technology, Transportation & Logistics, United Kingdom
Tagged acidification, aluminum, automotive, battery system, copper, decarbonisation, decarbonizing the transport sector, Dr James Edmondson, electric cars, electric motor, electric motors, electric vehicles, energy consumption, eutrophication, EV, EV components, EV market, EV's drivetrain, EVs, global warming, IDTechEx, ozone depletion, photochemical ozone creation, rare earth materials, RESEARCH, STEEL, sustainability, transport sector
(IN BRIEF) Sandvik has clinched a significant order worth around SEK 170 million from Mongolyn Alt MAK LLC to supply five cable-electric DR410iE drill rigs for deployment at the Tsagaan Suvarga Project in Mongolia. Scheduled for delivery between the second … Read the full press release
(IN BRIEF) The London Metal Exchange (LME) has announced its intention to include Jeddah as a new delivery point for copper and zinc, pending a brief consultation on a technical modification to the LME’s warehouse location framework. LME CEO Matthew … Read the full press release
(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) 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
(PRESS RELEASE) STOCKHOLM, 8-Nov-2022 — /EuropaWire/ — Vattenfall, a Swedish Government-owned multinational power company, has announced a new commitment in connection to COP27 where the First Movers Coalition today launched a new sector – Cement and Concrete. The company will … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Industrial, Management, Metals and Minerals, Sweden
Tagged aluminum, Anna Borg, Annika Ramsköld, Cement, CO2 emissions, concrete, COP27, copper, First Movers Coalition, FMC, STEEL, Vattenfall, World Economic Forum
(PRESS RELEASE) STOCKHOLM, 7-Feb-2022 — /EuropaWire/ — Boliden AB (STO: BOL), a Swedish multinational active in exploring, extracting and processing base metals and precious metals, has announced the company has begun the sale of zinc with a low climate footprint, … Read the full press release
Posted in Chemicals, Environment, Industrial, Metals and Minerals, News, Sweden
Tagged Boliden, carbon dioxide emissions, copper, Daniel Peltonen, EverZinc, galvanization, GHG Protocol Product Life Cycle, ISO 14064-3, Klas Nilsson, Low carbon zinc, low climate impact, metals recycling, recycled zinc, smelter production, smelting, STEEL, zinc, zinc production, Zinkpower
(PRESS RELEASE) LEICESTER, 31-Jan-2022 — /EuropaWire/ — The University of Leicester, a public research university based in Leicester, England, has announced that a new international study led by researchers from its Centre for Sustainable Resource Extraction has discovered a new … Read the full press release
Posted in Education, Energy, Gas & Oil, Environment, Industrial, Metals and Minerals, News, Science, Technology, United Kingdom
Tagged battery storage, BHP, Cardiff University, copper, Dr David Holwell, Earth’s crust, ENERGY, environmental footprint, FAMOS project, Geology, gold, Goldilocks Zone, green energy revolution, green revolution, Green technology, metals, mining, Natural History Museum, NERC, Professor Jamie Wilkinson, RESEARCH, solar panels, tellurium, University of Leicester, wind turbines
EBRD €20 million loan to Sofia Med Funds to boost the capacity expansion investment Sofia Med to develop and implement a low-carbon strategy (PRESS RELEASE) LONDON, 27-Dec-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral … Read the full press release
(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
Posted in Business, Metals and Minerals, News, United Kingdom
Tagged Alan Chirgwin, Argyle, Argyle diamond mine, Australia, CANADA, copper, COVID-19, diamonds, Diavik, Diavik diamond mine, pandemic, Rio Tinto, Sinead Kaufman, stakeholders
(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
Posted in Business, Industrial, Management, Metals and Minerals, News, Switzerland, United Kingdom
Tagged aluminium, appointment, China Moly, China Molybdenum International, copper, director, Glencore, Harvard Business School, Indian Institute of Technology, Kalidas Madhavpeddi, Mining Industry, Phelps Dodge, Tony Hayward, University of Iowa
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
Posted in Germany, Industrial, Metals and Minerals
Tagged acquisition, Aurubis AG, copper, Jürgen Schachler, metals, recycling, Segment Flat Rolled Products, Wieland-Werke AG
Hamburg, Germany, 28-2-2014 — /EuropaWire/ — “Operating earnings before taxes in fiscal year 2012/13 amounted to € 114 million. Earnings in accordance with IFRS were minus € 230 million. The Group’s key figures reflect a split situation: return on capital employed … Read the full press release
London, UK, 21-1-2014 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and shipments as we ramp up … Read the full press release
Posted in Business, Financial, Industrial, Investment, Metals and Minerals, United Kingdom
Tagged aluminium, Bauxite, coal, copper, divestments, Hard coking coal, iron ore, Kennecott Utah Copper, non-core asset sales, Oyu Tolgoi, Pilbara, production records, Rio Tinto, Sam Walsh, Titanium dioxide feedstock, Turquoise Hill Resources
23-7-2013 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “A new milestone was reached in Mongolia, with the Oyu Tolgoi copper-gold mine making its first shipment of copper concentrate to China. Our iron ore operations continue their impressive performance, … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, United Kingdom
Tagged CHINA, copper, copper concentrate, copper-gold mine, financial results, iron ore, Mongolia, operation results, Oyu Tolgoi, Rio Tinto, Sam Walsh
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