Press Releases
5 January 2024
Fastenal Company announced the date and time for its conference call to review 2023 annual and fourth quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Thursday, January 18, 2024 at 9:00 a.m. central time. To access the call, please visit the following Web address: https://investor.fastenal.com/events.cfm Our conference call presentation (which includes information, supplemental to that contained in ou
Read more...4 January 2024
Cleveland-Cliffs Inc.today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs’ minimum base price for hot rolled steel is now $1,150 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacture
Read more...Velo3D, Inc. a leading metal additive manufacturing technology company for mission-critical parts, today announced it was notified on December 28, 2023 by the New York Stock Exchange (“NYSE”) that the Company is not in compliance with Rule 802.01C of the NYSE’s Listed Company Manual (“Rule 802.01C”) relating to the minimum average closing price of the Company’s common stock required over a consecutive 30 trading-day period. The notice does not result in the
Read more...3 January 2024
Canada Nickel Company Inc.has completed a brokered private placement consisting of 19,600,000 units of the Company (the "Flow-Through Units") at a price of C$1.77 per Flow-Through Unit, with each unit consisting of one flow-through common share of the Company and 0.35 of one flow-through common share purchase Warrant (the "Warrant"), as more particularly described below, for aggregate gross proceeds of C$34,692,000 (the "Offering"). Following closing of
Read more...2 January 2024
Hybar, LLC has chosen Systems Spray-Cooled for the supply of Spray-Cooled™ EAF equipment at Hybar's new rebar steelmaking facility located in Osceola, Arkansas. The new greenfield plant is being built on 1,300 acres in northeast Arkansas. The Spray-Cooled™ equipment will cover 100% of Hybar's furnace cooling needs and will include the furnace sidewall, roof, and elbow. Systems will be providing its new Big Ass Strainer as part of the project that prov
Read more...29 December 2023
Silvercorp Metals Inc. is pleased to announce the hiring of Mr. Kevin Moxham as General Manager of Tanzania Projects effective January 1, 2024. Reporting to the CEO and the President, Mr. Moxham's main responsibility will be to lead the construction and commissioning of the Nyanzaga Gold Project, along with related infrastructure, in Tanzania, once Silvercorp has assumed effective control of the project. Prior to joining Silvercorp, Mr. Moxham most recently served as E
Read more...28 December 2023
Zoomlion Heavy Industry Science & Technology Co., Ltd. a leading Chinese construction machinery and equipment manufacturer, is further underscoring its commitment to the Middle Eastern market. The company's Chairman and CEO, Zhan Chunxin, along with Co-President Wang Yongxiang and Vice President Sun Changjun, recently visited the company's subsidiaries in the region. This visit highlights Zoomlion's dedication to deepening its engagement in the Middle East through a focused st
Read more...27 December 2023
The world's first nuclear power plant project equipped with Gen IV nuclear power technology Shidaowan High-Temperature Gas-Cooled Reactor Pebble-bed Module (HTR-PM) demonstration project, with Shanghai Electric being one of the main equipment suppliers – has entered commercial operation, following the successful completion of 168 hours of test run that confirmed all systems met the design functions. The milestone pushes China to the forefront of nuclear energy innovation as it conti
Read more...26 December 2023
American Battery Technology Company an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, is pleased to announce a positive Initial Assessment for its Tonopah Flats Lithium Project (TFLP) located in Big Smoky Valley, near Tonopah, Nevada. In February 2023, ABTC published its Maiden Resource Report for the TFLP which identified it as one of the lar
Read more...AZZ Inc. the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced the successful repricing of its $400 million Senior Secured Revolver due May 2027. The repricing reduces AZZ's interest rate margin on its Senior Secured Revolver across all leveraged-based pricing tiers, which range from SOFR + 275 to 350 basis points and opening up at SOFR + 300 basis points. In addition, AZZ successfully removed the Credit Spread Adjustment (&qu
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