Press Releases

Silvercorp Metals Inc.today wishes to inform its shareholders, and shareholders of OreCorp Limited, that it intends to file a third supplementary bidder statement to indicate that the Company will not waive its 50.1% minimum acceptance condition (the "Condition") relating to its off-market takeover bid for all of the ordinary shares in OreCorp that it does not already own (the "Offer") in exchange for consideration comprising 0.0967 common shares of Silvercorp and A$0.19 c

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Velo3D, Inc. today announced Bechtel Plant Machinery Inc. (BPMI) has selected a fully integrated metal additive manufacturing solution from the company to produce parts for the U.S. Naval Nuclear Propulsion Program. The Sapphire XC large format printer, calibrated for stainless steel 415, will be operated by ATI (NYSE: ATI) at its new additive manufacturing facility outside Fort Lauderdale, Florida. Earlier this year, BPMI awarded a contract to ATI to support development of highly engineered

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United States Steel Corporation today announced that it has been named “one of the 2024 World’s Most Ethical Companies®” by Ethisphere, the global leader in defining the standards of ethical business practices. This marks the third consecutive year that U. S. Steel has received this widely sought-after recognition, a testament to the company’s differentiated ethics and compliance programs and its ongoing dedication to its Best for All® strategy. U. S.

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Radius Recycling, Inc. a global leader in metals recycling, has been recognized as one of the 2024 World’s Most Ethical Companies by Ethisphere, a world leader in defining and advancing the standards of ethical business practices. Radius is among this year’s 136 honorees spanning 20 countries and 44 industries. This is the tenth consecutive year in which Radius has earned its place among Ethisphere’s honorees, a distinguished group of companies building capable and

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LONGi, the world's leading Solar technology company, and Ferroglobe PLC, a world leading producer of Silicon Metal and Ferroalloys, are pleased to announce that they have entered into a long-term supply agreement effective January 1, 2024. This agreement consolidates the partnership between the two companies and paves the way for even stronger collaboration in the future. Under the terms of the agreement, Ferroglobe will supply high-quality quartzite and metallurgical grade sili

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Assan Aluminyum, a leading producer of flat-rolled aluminum, is investing in sustainable technologies to further reduce its carbon footprint while expanding its production capacity. The company has received a $90 million green loan from IFC to support its multi-year investment program to enable sustainable growth. Assan Aluminyum, a subsidiary of Kibar Group, continues its sustainable growth through a multi-year investment program. The program includes a brand new, energy efficient

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Laser Photonics Corporation, a leading global developer of industrial laser systems for laser cleaning and other applications, highlights a key application for its CleanTech laser systems – regular bridge maintenance. “Workers removing rust and paint from bridge beams often use abrasive blasting, chemical stripping and other traditional methods of surface preparation,” said Wayne Tupuola, CEO of Laser Photonics. “With laser cleaning, these professionals can r

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The U.S. International Trade Commission (ITC) this week issued public documents detailing the rationale behind its unanimous negative injury determination in the tin mill products trade case brought by co-petitioners Cleveland-Cliffs and the United Steelworkers (USW). This determination by the ITC negated the implementation of anti-dumping and countervailing duties calculated by the Department of Commerce and will result in the continuation of widespread unfair trade practices in the tin mill

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Kymera International a global leading specialty materials and surface technologies company, has closed its transaction to acquire the majority of the assets of Royal Metal Powders ("Royal"). The acquisition was predicated on Royal's decision which they cite declining market conditions as the driving factor. Royal is based in Maryville, Tennessee and is a manufacturer of water and air atomized powders, including copper, brass, bronze, nickel/silver, tin and phos copper. Under the

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Cyclic Materials, an advanced metals recycling company building a circular supply chain for rare earth elements and other critical metals, has expanded its operations to accept two new feedstock streams: wind turbine generators and MRI machines. Through its strong partnership network, Cyclic has already sourced 37 MW capacity of wind turbine generators containing permanent magnets, and 116,000 pounds of MRI machines. This development marks a strategic expansion for the company beyond automoti

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