Press Releases
7 February 2024
Canada Nickel Company Inc.has completed its previously announced equity investment by Samsung SDI Co., Ltd. ("Samsung SDI") for aggregate gross proceeds of US$18.5 million (see Canada Nickel press release dated January 19, 2024). Samsung SDI has subscribed for 15.6 million common shares of the Company at C$1.57 per share. Samsung SDI now holds 8.7% of the issued and outstanding common shares of the Company. About Samsung SDI Samsung SDI is a manu
Read more...On 31 January 2023, Birdon America Inc. acquired Metal Shark Boats' 32-acre shipyard in Bayou La Batre, Alabama. This acquisition brings a fully developed shipyard into Birdon's growing portfolio of facilities throughout the US and will allow us to provide a further range of shipbuilding and repair services. The acquisition of this shipyard will ensure the successful delivery of the Waterways Commerce Cutter (WCC) Program, a vital component of Birdon's $1.187 billion con
Read more...5 February 2024
United States Steel Corporation today published a video in which President and Chief Executive Officer, David B. Burritt and Senior Vice President and Chief Financial Officer, Jessica T. Graziano, review the Company’s fourth quarter and full-year 2023 earnings results, provide earnings guidance for the first quarter 2024 and discuss the previously announced acquisition of U. S. Steel. The video is being posted to the Company's Investor Relations website and is available here.
Read more...2 February 2024
Sierra Metals Inc. reports fourth quarter and full year 2023 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, “2023 was a pivotal turnaround year for the Company as we successfully fulfilled our commitment of achieving stability and maintained focus on optimizing all facets of the business, particularly in the productio
Read more...2 February 2024
Strategic Resources Inc. announces that that the Mustavaara Project in Finland has been selected to be part of AVANTIS, a €5 million study on vanadium and titanium funded by the European Union ("EU"). The EU has recognized its weak position in the vanadium and titanium supply chains. Currently there is no primary vanadium extraction in the EU and 100% of titanium metal and vanadium is imported, with the majority coming from China and Russia. AVANTIS believes that based on known
Read more...1 February 2024
TANAKA Kikinzoku Kogyo K.K. which develops industrial precious metals products as one of the core companies of TANAKA Precious Metals, announced that it has established a jig cleaning method called TANAKA Green Shield. This cleaning method is characterized by nickel plating on the adhesion-preventing plate[1], a component of vacuum film formation equipment[2] used in semiconductor manufacturing and other processes. When using a nickel-plated adhesion-preventing plate, PGM[3] sputtered films,
Read more...1 February 2024
Kennametal Inc. announced today that they will attend the Barclays Industrial Select Conference. Details of the conference are as follows: Attendees: Patrick Watson, Vice President and Chief Financial Officer Sanjay Chowbey, Vice President Kennametal Inc., President Metal Cutting Michael Pici, Vice President, Investor Relations Lori Lecker, Vice President, Corporate Relations and Communica
Read more...Greenwave Technology Solutions, Inc. a leading operator of metal recycling facilities in Virginia, North Carolina, and Ohio, today announced that its wholly-owned subsidiary, Scrap App, Inc. ("Scrap App"), is continuing to capture market share in initial strategic markets, Cleveland, Ohio, and Hampton Roads, Virginia. Greenwave has generated more than $200,000 in revenue from cars purchased through Scrap App in its first 130 days since launch, as it captures market share for end-of-
Read more...30 January 2024
Powered by CarbonChain's industry-leading carbon accounting software, thyssenkrupp Materials Services is enhancing its product carbon footprinting capabilities. The initiative sees an innovative traceability and carbon intensity tool rolled out to customers and suppliers of thyssenkrupp Materials Services' distribution units Materials Eastern Europe as well as Materials Western Europe. The collaboration aims to strengthen industry standards for emissions transparency and dat
Read more...30 January 2024
Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today announced that it has signed a new contract with Ardagh Metal Packaging USA Corp., a global supplier in sustainable aluminum beverage packaging solutions. Under the contract, Novelis will supply aluminum beverage packaging sheet to Ardagh's metal production facilities in North America. This new contract is the third major one that Novelis has signed in le
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