Nucor Corporation announced today that it has signed an agreement with ExxonMobil to capture, transport, and store carbon from the company's direct reduced iron  plant in Convent, Louisiana.  ExxonMobil will capture up to 800,000 metric tons per year of CO2 from the DRI plant and store the CO2 at an ExxonMobil-owned facility in Louisiana. "This transformative CCS project with ExxonMobil is a key part of our decarbonization strategy and will result in some of the l

MANTARO PRECIOUS METALS CORP. pleased to announce the completion of drill pad construction at the Santas Gloria Project ahead of its planned maiden 2500 meter drill program. Highlights: Drill Pad Construction: Following the cessation of the wet season, the Company has constructed 10 drill pads at Santas Gloria. 2500 m Diamond Drill Program: The Company has planned a 15 to 20 hole angled diamond drill program totaling 2500 meters subject

Umicore and CAMX Power LLC announce that Umicore has obtained a non-exclusive intellectual property license under CAMX's GEMX® platform of nickel-based high-energy, high-power cathode active materials for use in lithium-ion batteries, especially for electric vehicles (EVs). The GEMX® platform is based on fundamental inventions of CAMX for which more than 30 patents have been granted globally, including the US, EU, Korea, Japan and China. The GEMX inventions, through mole

As an important industrial base in central China's Hunan Province, the city of Hengyang has been promoting the transformation of its manufacturing sector toward intelligent development in recent years, featuring high-end value chains and high-precision technologies. Accommodating 37 of all 41 industrial sectors, Hengyang is one of the cities with the most complete industrial categories in Hunan. Thanks to its continuous efforts in underlining the quality of manufacturing, the ci

Zeta Energy,  a Texas-based company that has developed a safe, low-cost, high performance and sustainable lithium-sulfur battery, announced today the development of a sulfurized carbon material compatible with dry-electrode processing. Dry-processed cathodes incorporated into pouch cells had equivalent performance to cells made with wet-processed cathodes Electrodes are commonly produced using wet processes in which electrode materials are combined with a solvent and deposited

Stratasys Ltd.  and Desktop Metal, Inc.  today announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock transaction valued at approximately $1.8 billion. The transaction unites the polymer strengths of Stratasys with the complementary industrial mass production leadership of Desktop Metal’s brands, creating an additive manufacturing company that is expected to be well-positioned to serve the evolving needs of customers in

Nucor Corporation announced today that it will reorganize the Company's plate group, including ceasing production at Nucor Steel Longview, LLC. All Nucor Steel Longview teammates will be offered employment opportunities at other Nucor divisions. Purchased by Nucor in 2016 for approximately $29 million, the mill produces heavy steel plate and has a rated annual capacity of 100,000 tons. The assets at Longview will be evaluated and deployed across Nucor's mills where appropria

In response to the growing pressure on businesses to prioritize environmental responsibility and develop more sustainable supply chains, Orbex has launched the world's first marketplace for globally-recognized authenticated recycled metals. The demand for secondary metals is predicted to overtake primary metals within the next 20 years, with a market value potentially reaching up to $500bn by the end of 2024. Currently, 400 million tonnes of metal are recycled annually. Despite

WorldAutoSteel, the automotive group of the World Steel Association, announced today that a 1/3-scale, body-in-white model of its Steel E-Motive vehicle structure will debut at the 2023 Great Designs in Steel Conference (GDIS). The event will be held on May 24 at the Suburban Collection Showplace in suburban Detroit. Steel E-Motive is an electric, fully-autonomous vehicle that capitalizes upon the strength and durability of multiple steel products to meet the world's impending needs for M

Usha Resources Ltd.  a North American lithium mineral acquisition and exploration company focused on the development of drill-ready lithium and other battery and precious metal projects, is pleased to announce the resumption of drilling activities at its flagship Jackpot Lake Lithium Brine Project (“Jackpot Lake”) and the commencement of exploration at each of its six (6) lithium pegmatite projects in Ontario. Highlights: Drilling