Press Releases

Hindustan Zinc Limited - a Vedanta group company in zinc-lead-silver business has now become the 3rd largest* silver producer globally as per the World Silver Survey 2024 conducted by ‘The Silver Institute’, USA. The company’s Sindesar Khurd Mine now stands as the world's 2nd largest silver-producing mine moving up from last year’s 4th position. On this achievement, Chairperson of Hindustan Zinc – Ms. Priya Agarwal Hebbar said, “Silver plays a

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Sierra Metals Inc. is pleased to announce first quarter 2024 production results from its two underground mines in Latin America: the Yauricocha polymetallic mine in Peru and the copper-producing Bolivar mine in Mexico. Ernesto Balarezo, CEO of Sierra Metals, commented, “During the first quarter of 2024, the Bolivar mine achieved another record quarter, continuing its upward trend of quarterly increases in metal production. Meanwhile, we are very pleased to announce that after

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Wall Recycling, LLC  a premier provider of waste and recycling solutions, today announced the sale of its scrap metal recycling operation (the "Scrap Metal Division") to Foss Recycling. The transaction allows Wall Recycling to strategically focus on its core integrated waste operations. Financial terms of the transaction were not disclosed. Dustin Hill, Chief Operating Officer of Wall Recycling, stated, "This transaction is a win-win. Wall Recycling remains commi

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Rio Tinto Chief Executive Jakob Stausholm said: “We have been deeply affected by the loss of four Diavik colleagues and two airline crew members in a plane crash in January. This tragedy has strengthened our resolve to never be complacent about safety. “We delivered stable operating results in the first quarter, including improvements at our bauxite and aluminium businesses, as we navigated seasonal challenges across our global operations. Our full year guidance is uncha

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CME Group, the world's leading derivatives marketplace, today announced that volume in its metals complex reached a record 1,728,362 contracts on Friday, April 12, 2024, surpassing the previous record of 1,670,920 contracts traded on February 28, 2020. "Amid shifting geopolitical conditions directly impacting the global metals trade and related sectors, market participants are utilizing our entire suite of metals products to adjust their portfolios and manage risk," sa

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Callinex Mines Inc. is pleased to announce results from the recently completed magnetotelluric ("MT") geophysical survey on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba (See news release dated January 29, 2024). The 3km MT survey line over the Descendent discovery and near surface historic Cabin deposit has been collected and processed (Pine Bay Project Plan View with Proposed MT Survey Lines). MT is a d

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Russel Metals Inc.is providing an update with respect its previously announced transaction (the "Transaction") to acquire seven service center locations from Samuel, Son & Co., Limited ("Samuel").  The Competition Bureau's review of the Transaction is ongoing, and the Competition Bureau has advised Russel Metals and Samuel that it has concerns related to a narrow segment of product in a specific geography.  Russel Metals and Samuel continue to engage cons

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PITTSBURGH, "I wanted to create a new chemical solvent that would make quick work of removing rust, corrosion, and oxidation from stainless steel surfaces and components," said an inventor, from Davie, Fla., "so I invented the H R C 1110. My formula would create a chemical reaction that would help repair and restore a steel surface to its original luster." The patent-pending invention provides a chemical solvent that would repair and restore stainless steel surfa

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After months of rigorous, independent testing at CFV Labs and the Renewable Energy Test Center (RETC), Origami Solar announced that modules incorporating Origami’s steel module frames passed frame-related industry-standard tests required to support module maker certifications, including those of the International Electrotechnical Commission (IEC), specifically IEC 61215 static mechanical load testing and IEC 61701 salt-mist corrosion testing and continuity testing of equipotential bondi

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Metallus, formerly known as TimkenSteel, a leader in high-quality specialty metals, manufactured components and supply chain solutions, today announces its membership in the Global Steel Climate Council (GSCC), reaffirming its commitment to sustainable steel production practices. This partnership underscores Metallus' dedication to environmental stewardship and marks another significant milestone in the company's sustainability journey. The Global Steel Climate Council serve

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