The Shinagawa Group announces an acceleration of its global expansion with… 2025-03-20

Mar. 19, 2025 - The Shinagawa Group (hereafter"Shinagawa") announces that it has agreed to acquire 60% of the issued share capital of Reframax Engenharia Ltda. (hereafter"Reframax"), a Brazil-based engineering company specializing in installation and other engineering services for refractories used in a wide variety of end-markets. The acquisition will be executed through a newly establi…

Rusal expands alumina supply with stake purchase in Indian refinery 2025-03-15

Mar. 15, 2025 - Rusal announced on Friday that it has agreed to buy a 26% stake in Pioneer Aluminium Industries Limited, an Indian alumina refinery owner, for $243.75 million, with plans to increase its stake to 50% in stages. This move aims to reduce Rusal’s reliance on third-party raw materials. The world’s largest aluminum producer outside China, Rusal lost about 40% of its …

Yoshiharu Ikeda appointed new CEO of Primetals Technologies 2025-03-14

Mar. 14, 2025 - Primetals Technologies today announced Yoshiharu Ikeda has been appointed to the position of Chief Executive Officer (CEO) of Primetals Technologies. He succeeds Satoru Iijima, who will continue to serve as a Director of the Board and Fellow Advisor. Yoshiharu Ikeda brings decades of experience in the metals industry to his role, and he has a track record of successful leaders…

Metro Mining to begin bauxite hills production and shipping in 2025 2025-03-13

Mar. 13, 2025 - Metro Mining is preparing to start production and shipping at its Bauxite Hills Operation in Queensland for 2025, targeting the first ship-loading by March 17, 2025. Following a successful 2024, where shipments increased by 24% to 5.7 million wet metric tonnes, Metro plans to ship between 6.5 to 7 million wet metric tonnes in 2025. The company has invested in oper…

RHI Magnesita supports circular metallurgical additives to drive green stee… 2025-03-12

Mar. 12, 2025 - As the global drive for greener steelmaking gathers momentum, RHI Magnesita is proud to support this transformation by partnering with Stahlwerk Thüringen (SWT) in Germany. In alignment with SWT’s green steel strategy—which includes using renewable energy sources and continual efficiency improvements—recent industrial trials have demonstrated that high-alumina circular meta…

ArcelorMittal France announced a €270 million maintenance program 2025-03-11

Mar. 10, 2025 - ArcelorMittal, the world’s second-largest steelmaker, has announced a maintenance program worth more than €270 million, which includes temporarily halting production at its main plants in Dunkirk and Fos-sur-Mer in France for several months.   According to a company statement, operations at the main blast furnace in Dunkirk are scheduled to be susp…

Insulation Korea expands into Vietnamese market with key partnership 2025-03-10

Mar. 10, 2025 - Insulation Korea, a leading provider of fire insulation materials, is accelerating its expansion into the Vietnamese market. On March 9, the company announced the signing of a strategic insulation engineering cooperation agreement with Vietnam’s PTSC Thanh Hoa and QMT. Having already completed major projects in Vietnam, including the Longson refinery project, Ins…

Vesuvius plc announces the financial results for 2024 2025-03-06

Mar. 6, 2025 - Vesuvius plc, a global leader in molten metal flow engineering and technology, announces its audited results for the twelve months ended 31 December 2024.   (1) Underlying basis is at constant currency and excludes separately reported items, and the impact of acquisitions and disposals. (2) For definitions of non-GAAP measures, refer to Note 16 in the Co…

ABx towards early east coast production 2025-03-06

Mar. 6, 2025 - ABx Group is pleased to provide an update on its suite of Australian metallurgical bauxite deposits and its strategy to capitalise on these assets amid the ongoing global surge in bauxite prices. Global bauxite prices have significantly increased due to severe supply disruptions from Guinea and reduced production in China. The price of Guinea bauxite…

British giant Vesuvius acquires Turkish refractory company Piromet 2025-03-03

Mar. 1, 2025 - Vesuvius, one of the UK's well-established industrial companies, acquired Piromet, one of Turkey's leading mining technology companies. Vesuvius, an industrial giant with 318 years of history, has completed the official approvals of the acquisition process that started in November and Vesuvius Overseas Limited has become the main shareholder of Piromet Pirometalurji Malze…

Sinosteel Luonai reports significant losses in preliminary 2024 financial r… 2025-03-01

Mar. 1, 2025 - Sinosteel Luonai is set to release its full 2024 annual report soon, after publishing a preliminary earnings report on February 27. The company has reported a net loss attributable to shareholders of 59.1 million CNY, a sharp decline of 184.38% compared to the same period last year. Overview of Operating Performance For the reporting period, Sinosteel Luonai …

Saint-Gobain's sales decline 2.9% YoY in FY 2024 2025-03-01

Mar. 1, 2025 - Sales of Saint-Gobain were robust, at €46.6 billion as reported, down 2.2% at constant exchange rates over the year, with a return to growth in the second half, supported by acquisitions and the sequential improvement in organic growth. The currency effect was a negative 0.7% on sales for the year, and a negative 1.1% in the second half.  Changes in Group …

CREMER ERZKONTOR with New Strategic Partnership in the UAE 2025-02-28

Feb. 28, 2025 - CREMER ERZKONTOR solidifies its leadership in the field of processed industrial minerals by entering into a new partnership based on a long-term exclusive contract with The Alumina Industrial Company LLC (TAC) in the United Arab Emirates. Through this partnership, CREMER ERZKONTOR is taking its business “Beyond Trading” while ensuring the availability and high quality of cri…

RHI Magnesita announces the financial results for 2024 2025-02-27

Feb. 27, 2025 - RHI Magnesita, the leading global supplier of high-grade refractory products, systems and solutions, today announces its final results for the year ended 31 December 2024. Despite persistently weak end-market demand, the Group delivered robust margins, disciplined cost management, and progress on its strategic growth agenda. Revenue was €3,487 million (2023:…

Calderys invests in a state-of-the-art Innovation Center in Neuwied, German… 2025-02-27

Feb. 27, 2025 - The Calderys Group has announced a significant investment to build a new innovation center for refractories research and development close to its production facility in Neuwied, Germany. The new 3,000-square-meter laboratory will feature advanced processes and leading-edge equipment, enabling Calderys to develop innovative solutions tailored to operations and customers acro…