Press Releases
18 August 2020
Imperial Mining Group Ltd. is pleased to announce that field crews conducting mapping and sampling have recently discovered several new areas of scandium mineralization on the 100% owned Crater Lake project. These new showings lie within the same 14-km arcuate magnetic trend hosting the three previously defined mineralized zones (Boulder, TGZ and STG) on the property. Assay results are expected in September. Presently, drill crews are mobilizing to the property to commence drill evaluation of
Read more...17 August 2020
CMC reconfirms the trust in Danieli ordering its third MIDA ECR® endless casting rolling plant, named Triple M. To be installed in Western USA, it will produce an estimated nominal 500,000 shtpy of long products, namely 350,000 shtpy of rebar and 150,000 shtpy of small merchant sections. Hybrid-ready, it will melt local scrap by the innovative Danieli Digimelter solution (Q-One, Zero-bucket, Q-Melt) and will produce clean and sustainable steel thanks to the endless cas
Read more...Division 5 LLC, a portfolio company of Applied Value Group's investment arm, Applied Invest LLC (formerly Garden Growth Capital LLC), has acquired Winston-Salem based Structural Steel of Carolina (SSC), a leader in structural steel fabrication that specializes in education, healthcare, and industrial applications. For Division 5, the acquisition represents a significant expansion in opportunity and capacity: post-integration, the combined organization will boast over 350,000 squ
Read more...ArcelorMittal announced its intention to build an Electric Arc Furnace (EAF) steel making facility at AM/NS Calvert. Once completed the planned facility will be capable of producing 1.5Mt of steel slabs for the Hot Strip Mill and producing a broad spectrum of steel grades required for Calvert’s end user markets. Construction is expected to take 24 months and the new facility is anticipated to create 300 additional jobs in the community. Commenting, Mr. Lakshmi Mittal, Chairman
Read more...Commercial Metals Company announced it will build its third micro mill. The mill will be the first in the world to produce merchant bar quality (MBQ) products through a continuous-continuous production process. The new facility will replace higher cost rebar capacity and allow CMC to more efficiently meet West Coast demand for rebar and MBQ products. Barbara R. Smith, Chairman of the Board, President and Chief Executive Officer of CMC, said, "We are excited by the
Read more...13 August 2020
KING GEORGE, VA, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Free Flow, Inc. (FFLO:OTCPINK) today announced that after obtaining zoning re-verification, its wholly owned Motors & Metals
Read more...13 August 2020
PHOENIX, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Tombstone Exploration Corporation (OTCQB: TMBXF), a fully reporting U.S. based mining company, announced today in combination with Goldrock Resources Inc. and the Bonanza Mining Company that the construction phase is moving smoothly and on track for the complete build out of the heap leach pad and pond at the Bonanza Harquahala Gold M
Read more...NLMK Lipetsk, NLMK Group’s flagship production site, has developed an innovative electrical (NGO) steel grade for the production of high-tech equipment for wind power plants. The first batch has been shipped to NovaWind, Rosatom’s wind power division, which is implementing a project to set up wind farms in the south of Russia. NovaWind plans to build wind farms with a total capacity of 1 GW by 2023. To achieve this ambitious goal, the company needed domestically manufact
Read more...13 August 2020
A new survey released today confirms aluminum, already the fastest growing automotive material, is expected to grow to content levels of 514 pounds per vehicle (PPV) by 2026, up 12% from 2020 levels. The survey, conducted by DuckerFrontier, analyzes the latest information on material content for North American light vehicles from the full automotive value chain, including automakers and their suppliers, and credits aluminum content penetration increases to its growing use in vehicle closure p
Read more...12 August 2020
SAN DIEGO, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Inc. magazine today revealed that GoProto has been ranked #3 in the Manufacturing segment, and #57 overall, on its annual Inc. 5000 list with an impressive growth rate of 5366%. The Inc. 5000 list is a prestigious ranking of the nation’s fastest-growing private companies, representing the most
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