Press Releases

Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fea

Elevation Gold Mining Corporation a U.S. focused gold producer with district scale exploration projects in the Walker Lane Trend of Nevada and Arizona, announces that is has issued 181,667 shares to Iconic Minerals Ltd. under the terms of the Hercules Gold Project Option Agreement dated August 9, 2019 between Eclipse Gold Mining Corporation and Iconic Minerals Ltd., and the Amending Agreement dated February 12, 2021 between Elevation and Iconic Minerals Ltd. ON BEHALF OF THE

Greenland Resources Inc. following its press release dated December 12, 2022, is pleased to announce the regulatory submission of the independent Environmental Impact Assessment report for the Malmbjerg Molybdenum Project in east Greenland. The EIA conducted by WSP Danmark A/S evaluates and assigns a rating on possible environmental impacts of the Project and considers mitigation measures. The majority of the Project impacts were assessed to be of low environmental risk. Highlights

Felman Production, a New Haven, West Virginia-based metallurgy manufacturing company led by Mordechai Korf and Uriel Laber that employs over 100 workers, announced today it has signed a five-year agreement to sell ferro-silicomanganese, a key component in steel production, to a multi-billion-dollar publicly traded steel and metal manufacturer based in the United States. The agreement will greatly benefit Felman Production's workers and the local community, ensuring stable demand and allow

Stainless steel recycling is considered to be a sustainable way to save CO2 in the globally growing steel production. As early as 2010, Fraunhofer UMSICHT researchers determined a savings potential of more than 4.5 t CO2 per ton of blend on behalf of the Oryx Stainless Group. More recent calculations by the UMSICHT team even come to savings of over 6.7 t CO2 -eq. per ton of blend for the reference year 2021. The results show: The recycling of stainless steel scrap has great potential to save

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Fab Weld Steel, Inc. to Pilot Point Steel, LLC. The transaction closed December 2, 2022. Fab Weld Steel (FWS), located in Randolph, Alabama, provides structural steel fabrication, metal deck, and bar joist services. The Company specializes in commercial and municipal works for shopping centers, office buildings, warehouses, grocery stores, hospita

Recycling pioneer Kuusakoski invests 25 M€ in a major new production line that is being built at the company's recycling plant in Heinola, Finland, to meet higher demand. Demand for recycled raw materials is growing. During this decade, for example, the production of recycled aluminium will, for the first time, exceed that of primary aluminium. The use of recycled aluminium saves 95% of energy compared to the energy used to produce virgin aluminium. Kuusakoski is

Platinum Equity today announced that the acquisition of Imerys SA's High Temperature Solutions business in a transaction valued at approximately €930 million has been completed. The company, which will operate under the Calderys brand going forward, is a leading global provider for industries operating in high temperature conditions and serves more than 6,000 customers in the iron and steel, thermal and foundry markets. The business generated revenues of €981 million i

PyroGenesis Canada Inc.a high-tech company  that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases, provides today an update on its iron ore pelletization torch business line following recent inquiries from investors Further to its press release dated September 14, 2021, PyroGenesis is pleased to announce the successful delivery of four (4) 1-MW plasma torch systems to a major inter

Graforce, Germany’s leading provider of zero carbon hydrogen plants, and Kawasaki Gas Turbine Europe GmbH, a European gas turbine and heat-power cogeneration business, are cooperating for zero-emission heat and power generation. The joint innovative plant concept combines Graforce's methane electrolysis technology (plasmalysis) with hydrogen turbines from Kawasaki. First customer projects for this zero carbon heat and power solution are in the works. “Our joint zero-emi