Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy’s steel decarbonisation project in France. As part of this collaboration, Rio Tinto will supply high-grade direct reduction iron ore pellets from its Iron Ore Company of Canada (IOC) operations to GravitHy’s planned operation, as well as manage the sales and marketing of ultra-low carbon Hot Briquetted Iron (HBI) GravitHy produces. GravitHy's

The Sandur Manganese & Iron Ores Limited, one of the leading private sector mining players, has successfully completed the strategic business acquisition of Arjas Steel Private Limited ('Arjas'), a leading speciality steel company focused on high quality auto grade Special Bar Quality (SBQ) steel. This landmark transaction, originally announced in April 2024, marks a significant step in SMIORE's evolution from a mining company to an integrated metals and mining powerhouse.

Kulicke and Soffa Industries, Inc. in collaboration with ROHM Co., Ltd (TYO: 6963) ("ROHM"), a producer of a wide-range of semiconductor devices, announces a new path to hybrid bonding leveraging Kulicke & Soffa's leading Fluxless Thermo-Compression (FTC) process. Kulicke & Soffa's recently released APTURA™ FTC system, combined with technology innovations from ROHM, have successfully enhanced chip-to-wafer hybrid bonding with the innovative copper-fir

Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30MW. The new solar plant will be located next to Kennecott’s existing 5MW solar plant, which was completed in 2023. Together, the two solar plants will reduce Kennecott’s Scope 2 emissions by approximately 6%, or 21,000 tons of carbon dioxide equivalent per year. This is equivalent to removing around 5,000 gas-

Olympic Steel, Inc. a leading national metals service center, today announced the acquisition of Metal Works. The all-cash purchase is expected to be immediately accretive. Metal Works is a leading manufacturer of components for service station canopies, deck clips, long gutters, trim, and boat docks, as well as solar canopy and ground racking components – all made primarily from coated carbon steel and aluminum. The business, which includes roll forming and folding machines a

Today, Valens Semiconductor, a leader in high-performance connectivity, announced that it will unveil a series of innovative solutions, including a chip that will enable some of the industry's most advanced endoscopes, at Medica 2024. Based on the VA7000 chipset, the endoscopes offer a series of key benefits, including exceptional EMC reliability during electrosurgery, as well as high-resolution and wide field-of-view video, which will enhance the capabilities of medical profess

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

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

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

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