Press Releases
2 November 2023
Kennametal Inc. today reported results for its fiscal 2024 first quarter ended September 30, 2023, with sales of $492 million, compared to $495 million in the prior year quarter, and earnings per diluted share (EPS) of $0.37, compared with $0.34 in the prior year quarter. Adjusted EPS was $0.41 in the current quarter, whereas EPS was not adjusted in the prior year quarter. "Sales were generally in line with the outlook we shared last quarter, despite weaker than expected result
Read more...Taseko Mines Limited is pleased to announce that the US Environmental Protection Agency has confirmed that no appeals have been received and Florence Copper's final Underground Injection Control ("UIC") permit is now effective. Stuart McDonald, President and CEO of Taseko, commented, "Successful completion of the UIC permitting process is a result of Taseko's long-term development approach, and the quality and environmental integrity of the project. Tase
Read more...1 November 2023
Hycroft Mining Holding Corporation announces quarterly results for the three and nine months ended September 30, 2023. "The Hycroft team has so much to be proud of this quarter," stated Diane Garrett, President and CEO of Hycroft. "First and foremost is the team's achievements in health and safety, having been recognized with not one, but four awards for Hycroft's health and safety record by the Nevada Mining Association, MSHA (Mine Safety and Health Administr
Read more...31 October 2023
Velo3D, Inc. today announced Ci-Esse Srl, a precision machining contract manufacturer with more than 15 years of experience in additive manufacturing, has purchased a Sapphire printer from Velo3D to become the first member of its contract manufacturer network in Italy. This new, fully integrated metal additive manufacturing solution will be used to produce parts for Ci-Esse's customers in aerospace, defense, motorsports, and other industries. Ci-Esse’s Sapphire printer will be calib
Read more...30 October 2023
United States Steel Corporation operations in Pennsylvania, which include U. S. Steel’s corporate headquarters in Pittsburgh and sites in Braddock, Clairton, Fairless Hills, Munhall, and West Mifflin, contributed $3.6 billion to the local and state economy in Fiscal Year 2022, according to an economic impact report released today. The report further concludes that the U. S. Steel’s economic activity supported or sustained 11,417 jobs. “At U. S. Steel, we are
Read more...27 October 2023
Desktop Metal, Inc. a global leader in Additive Manufacturing 2.0 technologies for mass production of metal, ceramic, polymer, and health products, today announced that it is collaborating with Schaeffler AG, the German motion technology company, on additive manufacturing of multi-material powders, including metal and ceramics. Terms of the agreement were not disclosed. “Schaeffler is one of the leading global manufacturers of components and systems
Read more...27 October 2023
United States Steel Corporation announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, December 7, 2023, to stockholders of record at the close of business on Monday, November 6, 2023. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All® strategy is advancing a more secure, su
Read more...26 October 2023
Luca Mining Corp, is pleased to announce that its expansion project to double throughput to 1,000 tonnes per day ("tpd") at its wholly owned Tahuehueto Gold Mine in Durango, Mexico is progressing well and according to plan. The objective is to achieve an installed capacity of 1,000 tpd by year-end and announce commercial production in first quarter of 2024. First phase production levels are expected to reach over 40,000 ounces gold equivalent per year. Constr
Read more...QuantumScape Corporation, a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the third quarter of 2023, which ended September 30. The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com, that details third-quarter financial results and provides a business update. QuantumScape will host a live webcast today at 2 p.m. Pacific Time (5 p.m. Eastern Time),
Read more...25 October 2023
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 succeeded in creating a high-entropy alloy powder composed of precious metals with a fine particle size of 10µm or less high crystallinity and excellent composition uniformity. This product is the world's first high-entropy alloy powder composed of only five precious metals: platinum (Pt), palladium (Pd), iridium (Ir), ruthenium
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