Press Releases
17 September 2024
One of our valued UK hauliers, Clugston Distribution, are celebrating a 100 year milestone in their association with Scunthorpe steelworks. The relationship began in 1924 when North Lincolnshire Iron Co. Ltd. invited J.G. Clugston Ltd. to work one of their North Lincoln slag banks to create some employment in the town during the economic slump. The invitation was taken up and represented the first involvement of J.G. Clugston Ltd in the production of blast furnace slag which was mar
Read more...16 September 2024
Alcoa announced today that it has entered into a binding share purchase and subscription agreement with Saudi Arabian Mining Company, under which Alcoa will sell its full ownership interest of 25.1% in the Ma’aden Joint Venture to Ma’aden for approximately $1.1 billion. The transaction consideration comprises approximately 86 million shares of Ma’aden and $150 million in cash. The joint venture was created in 2009, as a fully integrated mining complex in the Kingdo
Read more...13 September 2024
Polymatech, a multinational corporation (MNC), a leading player in semiconductor manufacturing with a strong presence in India and global business operations in USA, Singapore, Bahrain, UK and UAE today announced the signing of a Memorandum of Understanding (MoU) with ECM Group, a globally recognised leader in advanced microelectronics and semiconductor technologies to establish a Joint Venture Company in Grenoble, France. The new venture will focus on producing sapphire ingots and wafers, ke
Read more...13 September 2024
The industrial scale-up H2 Green Steel is changing its name to Stegra. The company's purpose is to decarbonize hard to-abate industries. Stegra will do so by leveraging all three platforms it works with: green hydrogen, green iron and green steel. H2 Green Steel was launched in 2021 to reduce emissions in the steel industry on a very ambitious timeline. By showing that it can be done, the company also aimed to inspire the incumbent steel industry to speed up the pace of change.
Read more...PTX Metals Inc., a minerals exploration Company focused on high-quality gold, copper, nickel and PGE projects in northern Ontario, is pleased to announce the appointment of Frederico Marques to its Board of Directors and the retirement of Felix Lee. Frederico brings over 25 years experience in mining, M&A, legal and corporate experiences to the Board of Directors of PTX. Frederico has worked with several leading mineral exploration and mining companies around the globe, includin
Read more...12 September 2024
Hecate Energy has selected Bechtel to lead the design and construction of Sunfish Solar 2, the first project in its 1-gigawatt development in Calhoun County, Michigan. The Sunfish development will be one of the largest solar facilities in the state, playing a crucial role in supporting Michigan's commitment to generating 50% of its energy from renewable sources by 2030. When completed in 2026, the Sunfish development will generate enough energy to power about 183,500 Michigan ho
Read more...11 September 2024
Shin-Etsu Chemical Co., Ltd. developed the ST-OR Type heat-shrinkable silicone rubber tubing for busbar covering for the first time in the industry. A busbar is a conductive metallic strip, typically made of copper or aluminum, and is used for power connection or distribution. Busbars have found wide-ranging applications and grown in demand for use not only in switchboards and control panels but also in electric vehicles (EVs) and hybrid vehicles (HEVs) more recently. For
Read more...11 September 2024
TexPower EV Technologies Inc., a fast-growing company specializing in lithium-ion battery cathode development, is excited to announce the addition of Lithium Iron Phosphate (LFP) cathode active material to our portfolio of chemistries. LFP manufacturing will be covered with a license of process technology developed and proposed to TexPower by Guangzhou Tinci Materials Technology Co. (Tinci). This collaboration will allow rapid scale-up of proven LFP materials with performance and qu
Read more...10 September 2024
Wolfspeed, Inc. the global leader in silicon carbide technology, today unveiled a silicon carbide module designed to transform the renewable energy, energy storage, and high-capacity fast-charging sectors through improved efficiency, durability, reliability, and scalability. The 2300V baseplate-less silicon carbide power modules for 1500V DC Bus applications were developed and launched utilizing Wolfspeed’s state-of-the-art 200mm silicon carbide wafers. Wolfspeed also announce
Read more...10 September 2024
United States Steel Corporation today announced the roll out of ZMAG™ coated steel, a revolutionary new carbon flat rolled coated steel product. Engineered to be stronger, more resilient, and more sustainable than existing products on the market today, ZMAG™ steel rises to the challenge of the world’s harshest conditions and introduces a new level of reliability and durability for the solar, automotive, and construction industries. ZMAG™ steel features a zinc
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