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  • Hindalco reports consolidated third quarter FY2024 results 2024-02-16

    Feb. 16, 2024 - Hindalco Industries Limited, the Aditya Birla Group metals flagship, reported a consolidated Net Profit of Rs.2,331 crore, up 71 per cent YoY in Q3 FY24, driven by a robust performance across aluminium and copper business segments. The Copper Business achieved a record quarterly EBITDA of Rs.656 crore, a 20 per cent rise YoY on the back of higher volumes and robust operati…

  • Indian investment to expand Rath's services in Asia 2024-02-15

    Feb. 14, 2024 - Refractories manufacturer Rath has acquired a 33% stake in Avanee Refsol India. Production is being set up in Visakhapatnam, which is in the Indian State of Andhra Pradesh, together with the partners of Avanee Refsol. Production is scheduled to start at the beginning of 2025. An annual capacity of 20,000 tons of refractory products is projected in a two-stage plan. In …

  • IFGL Refractories Limited appoints Narendra Kumar Mishra as Chief (R & D) 2024-02-15

    Feb. 14, 2024 - IFGL Refractories Limited announced that Dr. Narendra Kumar Mishra has joined the Company on and from February 14, 2024, as Chief (R & D). He is PhD (Refractories) from DISIR, Sambalpur University, M. Sc. & B. Sc. (Chemistry) from Utkal University and MBA (Operations) from IGNOU, New Delhi, he started his career in 1986, and has experience of more than three decades…

  • Syrah commences AAM production in Louisiana, USA 2024-02-09

    Feb. 9, 2024 - Vidalia is the first vertically integrated natural graphite AAM (Active Anode Materials) supplier outside China, processing natural graphite from Syrah’s Balama Graphite Operation in Mozambique. Syrah Managing Director and CEO Shaun Verner said, “Commencing production at Vidalia is a huge step forward in Syrah’s evolution, with the downstream integration being t…

  • Murray Zircon halts Mallee mineral sands mining on government orders 2024-02-09

    Dec. 8, 2023 - Murray Zircon has temporarily stopped work on a mineral sands mine in South Australia's Mallee following a state government direction after farmers complained of environmental breaches to their lease agreement. The Chinese-owned company started production at Mercunda, about 130 kilometres east of Adelaide, in July this year just down the road from a previous mining s…

  • NACP includes American refractory manufacturer Allied Mineral Product in li… 2024-02-09

    Feb. 8, 2024 - The National Agency on Corruption Prevention (NACP) has added the American manufacturer of refractory products Allied Mineral Products, LLC to the list of international war sponsors due to its continued activities in the Russian Federation, according to the NACP website. “The company continues to operate in Russia, maintain production facilities there and pay hundreds of th…

  • EGA to supply alumina for specialty products 2024-02-09

    Feb. 9, 2024 - Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, has signed an agreement to supply alumina to The Alumina Industrial Company, enabling the development of a new industry making specialty products from alumina and contributing to the achievement of the UAE’s industrial growth strategy Operation 300bn. The Alu…

  • RATH: Strategic growth in future market Asia 2024-02-07

    Feb. 7, 2024 - RATH Group acquires 33% stake in Avanee Refsol India as part of its Evolution 2030+ strategic growth plan. Production is being set up in Visakhapatnam (state of Andhra Pradesh) together with the partners of Avanee Refsol. Production is scheduled to start at the beginning of 2025. An annual capacity of 20,000 tons of refractory products is projected in a two-stage plan. In…

  • SMB to invest up to $1 billion to boost bauxite exports 2024-02-05

    Feb. 5, 2024 - Guinea’s leading bauxite producer and exporter Societe Miniere de Boke (SMB) will invest up to $1 billion over the next five years to upgrade its river terminals and buy vessels, its CEO said on Monday, to boost exports that hit a record in 2023. “We can expect to increase exports by 10 million (metric tons) a year, starting at the end of this year,” Frederic Bo…

  • Turkey's Isdemir will build a 130 MW Solar Power Plant 2024-02-05

    Feb. 4, 2024 - Turkey's Iskenderun Iron and Steel Inc. (Isdemir) will establish a 130 MW Solar Power Plant in Çorum (a city located in the central region of Türkiye) with an investment of 4.5 billion Turkish Liras to meet the electricity needs of its Hatay steel facility.  Within the scope of the project, 310 thousand 905 panels will be installed and more than 280 million KWh of …

  • IFGL Refractories Ltd. reports earnings results for the third quarter and n… 2024-02-04

    Feb. 3, 2024 - IFGL Refractories Limited reported earnings results for the third quarter and nine months ended December 31, 2023.  For the third quarter, the company reported sales was INR 3,661.8 million compared to INR 3,159.7 million a year ago. Revenue was INR 3,703.4 million compared to INR 3,183.1 million a year ago. Net income was INR 15.2 million compared to INR 157.9 …

  • POSCO takes a significant step towards realizing the dream of hydrogen redu… 2024-02-03

    Feb. 2, 2024 - POSCO has opened a Hydrogen Reduction Steelmaking Development Center at Pohang Works and restructured its carbon-neutral organization. Hilights: Integration of research, operations, facilities, engineering, and construction professionals for the establishment of hydrogen reduction steelmaking test facilities Completion of the test facility with an annual capac…

  • Almatis launches environmentally friendly tabular alumina for steel ladle 2024-02-02

    Feb. 1, 2024 - Almatis GmbH announces that the company has launched an environmentally friendly tabular alumina called ECO-TAB® Aluminas for reformulating steel ladle linings. This innovative alumina refractory aggregate is developed to deliver superior efficiency and performance in steel ladle linings. Formulated with a significantly lower density compared to other tabular alumin…

  • RHI Magnesita enhances raw material procurement efficiency through digital … 2024-01-27

    Jan. 24, 2024 - RHI Magnesita, the global leader in refractories, has committed to a long-term partnership with Metalshub, the leading supply chain solution for raw materials, to optimise and digitalise the supplier management and procurement processes for raw materials across the entire RHI Magnesita group. RHI Magnesita stands at the forefront of the refractories in…

  • thyssenkrupp Materials de México inaugurates its new service center in the … 2024-01-26

    Jan. 26, 2024 - thyssenkrupp Materials de México, the leading company in the commercial area of the same name, inaugurated its new service center in San Luis Potosí, Mexico, on January 25, 2024. In total, the holding company thyssenkrupp Materials Services, one of the world’s leading mill-independent materials distribution and service providers, invested 37 million USD that will lead t…

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