Press Releases

USA Rare Earth, LLC a vertically integrated magnet technology company, announced today that it has entered into a strategic partnership with Hatch, a global engineering, project management, and professional services firm. Hatch serves as the lead engineering, procurement, construction management company (EPCM) for USARE and, as part of this collaboration, has signaled its alignment with an investment in USARE. USARE is reconstructing a sintered magnet production facility in Stillwat

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Ambri, provider of long-duration Liquid Metal™ battery storage systems, today announced it has achieved safety certification from UL Solutions, a leader in applied safety science, for its next generation battery cells. Ambri’s Liquid Metal battery cells received certification for UL 1973, the Standard for Batteries for Use in Stationary and Motive Auxiliary Power Applications, after successfully complying with the applicable requirements of the standard.

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Diablo Tools ("Diablo"), which offers a solution-oriented range of best-in-the-world, best-for-our-world products for the professional user, reinvents the metal cutting industry again with an unmatched line of Cermet saw blades designed for extreme durability, longer life and faster cuts in metals and stainless steel. A perfect fit for cordless and corded saws, the Steel Demon™ Cermet blade features an exclusive, innovative design that delivers up to 25X longer life, 50X coole

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Ampco-Pittsburgh Corporation announced today that J. Brett McBrayer, Ampco Chief Executive Officer, Sam Lyon, President of Union Electric Steel, and David Anderson, President of Air and Liquid Systems, will present at the Midwest IDEAS Investor Conference on August 24, 2023 at The Gwen in Chicago, IL. The Corporation’s presentation is scheduled to begin at 10:40 am CT. The presentation will be webcast and may be accessed through the conference host’s main website: https:

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Vedanta Aluminium, the largest aluminium producer in India, has announced receiving the Environmental Product Declaration (EPD) International verification for its range of products, among the largest in the global aluminium industry. Undergoing a rigorous Life Cycle Assessment (LCA), Vedanta's primary aluminium products performed well on the parameters of energy consumption, greenhouse gas emissions, water usage, and waste generation. This stands testimony to the company's a

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USA Rare Earth, LLC (USARE), a vertically integrated magnet technology company, announced today that it signed a multi-year supply agreement with Australian Strategic Materials Ltd. (ASX: ASM) (ASM), a producer of critical metals for advanced and clean technologies. This agreement secures rare earth metals that will be used as USARE ramps up production of high-performance rare earth magnets. Rare earth magnets are required for technologies ranging from cell phones and medical devices to EVs a

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The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 33 cents per share. The dividend is payable on Aug. 28, 2023, to shareholders of record as of Aug. 15, 2023. Timken has paid a dividend on its common shares every quarter since its original listing on the New York Stock Exchange (NYSE) in 1922. The upcoming dividend r

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The Additive Manufacturer Green Trade Association ("AMGTA"), a worldwide advocacy group focused on promoting sustainable practices in the additive manufacturing (AM) industry, today announced preliminary results of a life cycle analysis study by title " Comparative Life Cycle Assessment: Comparison of Casting and Binder Blasting for an Industrial Part". The study, commissioned by the AMGTA and conducted by the Yale School of the Environment (YSE) in partnersh

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Following the approval of the respective antitrust authorities, Klöckner & Co has closed the acquisition of National Material of Mexico (“NMM”), a leading independent service center and materials supplier serving automotive and industrial end markets in North America with ten facilities throughout Mexico. The transaction was signed in December 2022 and was made through Klöckner & Co’s U.S. subsidiary, Kloeckner Metals Corporation (“KMC”).

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IperionX Limited has received all permits required to commence construction and operations at the planned titanium metal production facility in Virginia. These permits include the Industrial Wastewater Discharge permit issued by the Halifax County Service Authority, and the New Source Review (air pollution) permit issued by the Virginia Department of Environmental Quality. These permits meet the requirements to scale to the planned TCF-1 capacity of 1,125 tpa of titanium metal withi

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