Press Releases

Genus Power Infrastructures Limited (in short Genus), a leader in smart meter technology with a large installation base of smart electricity meters, proudly announces the first successful shipment of its Smart Ultrasonic Water Meters DN20 to Australia, marking a significant milestone as it expands into water management solutions. These advanced meters, equipped with LoRa communication technology, enable remote monitoring and management, representing a major advancement in sma

Read more...

United States Steel Corporation (NYSE: X) (“U. S. Steel”) has been named a Beyond the Yellow Ribbon company by the Minnesota National Guard, a designation that illustrates U. S. Steel’s continued commitment to providing an inclusive and supportive working environment for veterans. U. S. Steel Minnesota Ore Operations hosted an official proclamation event on June 27, commemorating this accomplishment. Established to sustain a comprehensive community and corporate su

Read more...

A new agreement has been signed between Viking Analytics and Bharat Forge Kilsta (BFK) from Karlskoga. The agreement, which is for three years, provides BFK with the AI-based optimization tool "Smartforge" after a 10-month implementation phase. Smartforge optimizes the forging process, primarily in the critical heat keeping process where the problems with scrap are greatest. The goal is to reduce discarded products by 50% and contribute to energy savings and a more environmentally f

Read more...

Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today announced executive leadership appointments in key regions and roles in order to accelerate global growth and advance aluminum as the material of choice for circular solutions. Company executives Roberta Soares and Cary Chenanda have been appointed as regional presidents for South America and North America. Former president of South America Francisco Pires ha

Read more...

Rio Tinto Mongolia has built a green park on 10.2 hectares of public land in the west wing of the 58-year-old Children's Park. The design of the park is characterized by incorporating more than 10,000 suggestions from the citizens of the capital.   As part of the development, comprehensive landscaping such as an open-air green theater, children's playground, community chairs, shade, self-healing irrigation system, and a pond were carried out. In

Read more...

Rio Tinto Mongolia has successfully completed the renovation of 10.2 hectares of the Children’s park which has 58 years of history in Ulaanbaatar, transforming it into a sustainable green park. The project involved the participation of over 10,000 citizens who shared their ideas on the design, layout, and facilities of the park. Comprehensive landscaping includes community facilities, an amphitheater, a children's playground, a skatepark, a rainwater harvesting irrigation

Read more...

Steel Dynamics, Inc. announced today that it has consummated the sale of $600 million aggregate principal amount of 5.375% Notes due 2034 (the "Notes"). The net proceeds from the Notes will be used for general corporate purposes, which may include repayment of the company's $400 million 2.800% Senior Notes due December 2024. "We are pleased with the execution and support for our investment grade note offering," stated Theresa E. Wagler, Executive Vice Preside

Read more...

Rio Tinto’s Diavik Diamond Mine has completed installation of its 3.5 megawatt capacity solar power plant in Canada’s Northwest Territories. The project represents the largest off-grid solar power plant across Canada’s territories. The 6,620-panel facility is expected to generate 4.2 million kilowatt-hours of solar energy annually, reducing diesel consumption at Diavik by one million litres per year and cutting greenhouse gas (GHG) emissions by 2,900 tonnes of CO2

Read more...

GrafTech International Ltd. will hold its Second Quarter 2024 Earnings Conference Call and Webcast on Friday, July 26, 2024 at 10:00 a.m. The call will be hosted by senior management to discuss financial results for the second quarter ended June 30, 2024 and current business initiatives. These financial results will be released on Friday, July 26, 2024 before market open and will be available on our investor relations website at: http://ir.graftech.com. The conference call dial-in n

Read more...

A Tata Steel spokesperson said: “We have received written confirmation from Unite Union that with immediate effect they are suspending their current action short of a strike as well as the proposed strike action due to commence on Monday 8 July. “As a result, and given we can now be confident of ensuring appropriate resourcing of activities to operate safely, we will halt preparations for the early cessation of operations on Blast Furnace 4 and the wider heavy end in Por

Read more...