Press Releases
17 April 2026
ABB has been awarded a contract to deliver gearless mill drive (GMD) and ring-geared mill drive (RMD) technology for Harmony’s Eva Copper Mine Project, a major new open-pit copper mine in Queensland, Australia. With global copper demand estimated to surge 24 percent by 20351 Eva Copper is set to become a major new copper mine in the region, producing approximately 60,000 tons of copper annually over a minimum 15-year mine life. The order was booked in the fourth quarter of 2025. Financi
Read more...Rio Tinto has commissioned a new alumina conveyor at its BC Works smelter in Kitimat, marking a key milestone in its CAN$135 million investment to strengthen the reliability of its operations. The 1.1-kilometre system will transport approximately 800,000 tonnes of alumina per year, ensuring a steady supply of the raw material used in aluminium production. Designed with a 50-year operational life, it replaces infrastructure dating back to the 1960s. The new conveyor represe
Read more...15 April 2026
Novelis Inc., a leading sustainable aluminium solutions provider and the world leader in aluminium rolling and recycling, and Infinitum, a leading foundation in depositing and recycling beverage cans and non-refillable plastic bottles in Norway, today announced the renewal of their successful partnership through a new long-term agreement. This milestone reinforces their shared commitment to recycle all aluminium beverage cans used in Norway. Each year, tons of aluminium are sent fro
Read more...American Lithium Minerals Inc. is pleased to announce that it has expanded its strategic investment in Aeramentum Resources Pty Ltd ("Aeramentum") through the acquisition of a secured convertible note, further strengthening ALM's position in one of Chile's emerging copper–silver districts. Aeramentum has issued AMLM a Secured Note with accruing interest and convertible into equity in the event of a merger or acquisition involving Aeramentum's Chilean asse
Read more...RUSAL, one of the world's largest aluminium producers, has implemented a proprietary neural network-based technology for controlling aluminium hydroxide particle fractions. The technology improves the quality of alumina, which in turn enhances the quality of the aluminium produced from it and reduces energy consumption during electrolysis. Decomposition is a key stage in the multi-step process of producing alumina (aluminium oxide) from bauxite ore, as the quality of the decompo
Read more...9 April 2026
wire Düsseldorf runs from 13-17 April and British Steel will be showcasing its premium wire rod products throughout the event. With almost 1,500 exhibitors and an estimated 60,000 visitors over the 5 days, wire is an unmissable event for the sector. Cahel Ferguson, British Steel’s Commercial Director, Wire Rod said: “This is a really important event for us and we’re looking forward to meeting with existing and prospective customers over the 5 days.
Read more...8 April 2026
Hydro Energi AS has signed a long-term power purchase agreement (PPA) with Swiss energy provider Alpiq, securing an annual supply of 219 GWh in the period from 2031 to 2038. The contract will be delivered in Norwegian electricity price area NO3 and will provide an aggregated supply of 1.75 TWh during the contract period. Based on renewable energy, Hydro can produce aluminium in Norway with a carbon footprint about 75 percent less than the global average. Renewable energy i
Read more...8 April 2026
With the recent publication, Speira is now offering Environmental Product Declarations (EPDs) for all major product categories in its Specialties business. “Choosing the most sustainable aluminium should be as easy as possible for our customers. EPDs are an important tool for achieving this, making our efforts for sustainability transparent, accountable and comprehensive. With these certifications, we are purposefully stepping up our game especially in the sustainable construction segme
Read more...Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, today announced that it has secured $150 million of financing from Macquarie Group, supporting the Q3 2026 startup of its world-scale Direct Reduction (DR) grade iron ore mine and pellet plant in Nashwauk, Minnesota. The financing follows Mesabi's recently announced $520 million senior secured credit facility with Breakwall Capital, further reinforcing the strong momentum behind the project. Mesabi
Read more...Mesabi Metallics Company LLC (Mesabi Metallics), backed by the Essar Group, today announced that it has entered into a new $520 million senior secured credit facility with Valor Mining Credit Partners II, L.P. (VMP II), a dedicated mining and critical minerals credit fund managed by Breakwall Capital LP (Breakwall) in partnership with Vitol, as it advances toward commercial operations later this year. Located on more than 16,000 acres in northern Minnesota, Mesabi Metallics is compl
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