Press Releases

ICL, a leading global specialty minerals company, today reported its financial results for the third quarter ended September 30, 2024. Consolidated sales were $1.75 billion versus $1.86 billion in the prior year. Operating income was $214 million, with adjusted operating income of $243 million, versus $227 million of operating income in the third quarter of last year. Adjusted EBITDA was $383 million versus $346 million. Diluted earnings per share were $0.09, with adjusted diluted E

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Meviy, the cutting-edge parts procurement platform developed by MISUMI Group Inc. has announced it has revised its pricing model for CNC-milled components made from 303 and 304 stainless steel. This change significantly lowers the cost of precision-machined parts, particularly for larger components. While parts weighing over 1,000 grams will see some price reductions, substantial savings will be seen for components exceeding 25,000 grams. This update brings significantly lower costs

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Worthington Steel, Inc. announced today that Cliff Larivey, senior vice president of commercial and purchasing, has been named president of Flat-Roll Steel Processing, effective Dec. 1, 2024. Jeff Klingler, executive vice president and chief operating officer, has been performing the role since Dec. 1, 2023. This structure will allow Klingler to focus on the Company’s global business operations and executing its growth and optimization strategy. “During his tenure, Cliff

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AMPCO METAL, a global leader in copper-based alloys, is pleased to announce its acquisition of Switzerland-based Schmelzmetall Group, a renowned producer of high-performance copper alloys. This strategic acquisition strengthens AMPCO METAL's position in the industry and expands its offerings to better serve customers across aerospace, defense, additive manufacturing, and other advanced applications With the integration of Schmelzmetall's technology and expertise, A

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Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today reported results for the second quarter of fiscal year 2025. "Our global footprint allowed us to achieve record beverage packaging shipments in the quarter and also mitigate the impact to customers from the flooding-related outage at Sierre," said Steve Fisher, president and CEO, Novelis Inc. "We also remain committed to sustainability and our

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Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. Battery swapping technology allows a battery electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging station. The technology is already applied on haul trucks in mining operations across China, and this collaborati

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Mill Steel Co., one of the nation's largest distributors of flat-rolled carbon steel, stainless steel and aluminum, is pleased to announce its acquisition of Maryland Metals Processing (MMP). MMP is a leading stainless and aluminum toll processor based in Baltimore, providing expert cut to length, polishing, slitting and coil enhancement services. This transaction further strengthens Mill Steel's national footprint and processing capabilities. Mill Steel recognizes Maryland

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Ramaco Resources, Inc. is a leading operator and developer of high-quality, low-cost metallurgical coal in Central Appalachia and future developer of rare earth and critical minerals in Wyoming. Today it reported financial results for the three months and nine months ended. On the supply side, there was perhaps a silver lining to the continued decline in met coal pricing. Higher cost U.S. met coal production is beginning to come offline and rationalize. U.S. Mine Safety & Health

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At Gateway Gulf 2024, an investment forum hosted by the Bahrain Economic Development Board (Bahrain EDB), Aluminium Bahrain B.S.C. (Alba) and Daiki Aluminium Industry Company Ltd. reaffirmed their strategic partnership by announcing their intention to form a joint venture 'Alba-Daiki Sustainable Solutions (ADSS)' which will establish a cutting-edge, sustainable aluminium dross processing facility in the Kingdom of Bahrain. This announcement, made during the forum, underscore

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Patriot Battery Metals Inc.is pleased to advise that it has been recognized as "Entrepreneur of the Year" by the Quebec Mineral Exploration Association (QMEA). The award was announced at the 2024 QMEA Awards Gala held in Montreal on October 30, 2024. The Entrepreneur of the Year award recognizes the work of a company or team that has made significant progress over the past year and was awarded to Patriot for its progress at the Company's flagship 100%-owned Shaakichiuw

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