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Metso awarded a major process equipment order in Oman

1 week ago | miningmetalnews.com | Simon Matthis

Metso has signed an agreement to supply key process equipment for Jinnan Iron & Steel Group’s greenfield iron ore concentrator plant. The facility will be constructed in Sohar, a port city about 200 km north of Oman’s capital Muscat. The plant aims to produce 12.6 million tonnes of high-grade iron ore concentrate annually. It is set to begin operations in 2027 and aims to position Oman as a key supplier in the global Direct Reduction (DR) grade iron ore market.
Arcelor Mittal Long Products Canada to shut down manufacturing site

1 week ago | miningmetalnews.com | Simon Matthis

ArcelorMittal Long Products Canada (AMLPC) announces a restructuring of its wire drawing activities that aims to strengthen its competitiveness and ensure better long-term profitability for its wire drawing activities, primarily intended for the telecommunications, construction, and automotive markets. The wire drawing activities, which were operated from AMLPC's sites in Hamilton, Ontario, and Montreal, Quebec, will now be entirely concentrated at the Montreal site.
Namib Minerals to start trading on Nasdaq

2 weeks ago | miningmetalnews.com | Simon Matthis

Namib Minerals, a leading African gold producer, has successfully completed its business combination with Hennessy Capital Investment Corp. VI, positioning itself as the largest African company to go public through a SPAC merger. The company's shares are set to commence trading on Nasdaq under the ticker symbol "NAMM" on or about June 6, 2025.
SMS Group acquires parts of Metso’s metals business

3 weeks ago | miningmetalnews.com | Simon Matthis

SMS group has signed an agreement with Metso Corporation to acquire parts of their portfolio for sustainable metals production. Metso is a technology and services provider in the aggregates, minerals processing and metals refining industries.
Mining rocks - the rare earths that technology can't live without

3 weeks ago | miningmetalnews.com | Simon Matthis

By Simon MatthisPresident Donald Trump’s obsession with rare earth elements (REEs) — in Ukraine, Greenland, and most recently in his push for deep-sea mining — is not as eccentric or original as it might seem, at least not compared to many of his other political positions. It’s worth noting that the previous EU Commission’s raw materials strategy also placed considerable emphasis on developing rare earth production and, more broadly, critical metals.
Allied Gold to start trading on the New York Stock Exchange

3 weeks ago | miningmetalnews.com | Simon Matthis

Allied Gold Corporation, a Canadian-based gold producer with a diversified portfolio of assets in Africa, announces that its common shares have been approved for listing on the New York Stock Exchange. Trading on the NYSE is expected to commence at market open on Monday, June 9, 2025, under the ticker symbol "AAUC". The listing on the NYSE represents a significant milestone for Allied, reflecting the continued growth of its business.
Metso divests its Ferrous business to SMS group

3 weeks ago | miningmetalnews.com | Simon Matthis

Metso has signed an agreement to sell its Ferrous business to SMS group, a global company providing technology and services in plant construction and mechanical engineering for the metals industry. The businesses to be divested include, for example, travelling grate pelletizing and CircoredTM direct reduction process, as well as the related service business.
Thyssenkrupp to become a strategic holding company

1 month ago | miningmetalnews.com | Simon Matthis

The Executive Board of Thyssenkrupp AG has made significant progress in developing a strategic target model for the future course of the entire Group and will present its plans to the Supervisory Board of thyssenkrupp AG before the end of this fiscal year. The core of the plans is to gradually separate all business segments of Thyssenkrupp and open them up for third-party investment.
Huayou Group awards tailings filtration equipment order to Metso

1 month ago | miningmetalnews.com | Simon Matthis

Metso has been awarded a repeat order to deliver sustainable tailings filtration technology for the Huayou Group’s laterite nickel mine project in Indonesia. The order value, which is not disclosed, has been booked in Minerals segment’s 2025 second-quarter orders received. Metso’s delivery consists of the engineering, manufacturing and supply of 16 Larox® FFP3512 filters, as well as advisory services and spare parts for installation and commissioning.
Alleima, Danieli to supply first electric process gas heater for DRI

1 month ago | miningmetalnews.com | Simon Matthis

Alleima's Kanthal division and Danieli will supply a pilot-scale electric process gas heater to be installed at Emsteel's Direct Reduced Iron (DRI) plant in Abu Dhabi, UAE, to electrify a part of their existing heating system. The heater is based on Prothal® DH technology and will be the first electric process gas heater for DRI that Kanthal supplies for commercial use - an important step in the ongoing development project. Delivery is planned for the beginning of 2026.