US Secretary Zinke Signs Order to Begin Process of Creating First Ever National Survey of Critical Minerals (US)

WASHINGTON, D.C. – Today, following President Donald J. Trump’s executive order to break America’s dependence on foreign minerals, U.S. Secretary of the Interior Ryan Zinke signed a secretarial order directing the initial steps to producing the first nationwide geological and topographical survey of the United States in modern history. The order also directs Interior bureaus to begin work on identifying immediate domestic sources for critical minerals. “Right now the United States is almost completely reliant on foreign adversaries and competitors for many of the minerals that are deemed critical for our national and economic security. As both a former militaryContinue reading

U.S. Government Officially Declares All Three Superalloy Metals from Nebraska Project as “Critical Minerals” (US)

NioCorp’s Elk Creek, Nebraska Project has now emerged as one of the few greenfield projects in the U.S. that plans to produce multiple Critical Minerals for which the U.S. is currently 100% reliant on foreign nations such as China and Russia

CENTENNIAL, Colo., May 17, 2018 (GLOBE NEWSWIRE) — The Trump Administration will officially designate as “Critical Minerals” the entire planned product suite of superalloy metals that NioCorp Developments Ltd.(“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) proposes to mine and process at its Elk Creek, Nebraska Superalloy Materials project. The designation establishes the Elk Creek Project (the “Project”) as one of the few polymetallic greenfield mining projects in the U.S. that proposes to produce multiple Critical Minerals – Niobium, Scandium, and Titanium, in this case – that all have key uses in national defense and civilian technologies and uponContinue reading

Company debuts world’s first fossil-free steel-making technology (US)

Sweden-based SSAB, which has operations around the world, has invested $800 million in its Alabama steel mill. The company is moving its U.S. headquarters to Mobile.

A new pilot facility under construction in northern Sweden will produce steel using hydrogen from renewable electricity. The only emissions will be water vapor. With a growing global population and greater urbanization, coupled with technological advancements in pre-engineered metal buildings with high structural integrity, the global steel market is expected to reach US$1.01 trillion by 2025.  Yet, at the same time, the steel industry is one of the highest CO2-emitting industries in the world, accounting for 7.0 percent of CO2 emissions globally. This means the Continue reading

Sheffield Forgemasters Enables Swiss Nuclear Power Plant to Restart (US)

A manufacturer of components for civil nuclear power has completed manufacturing, research and consultancy work to allow the world’s oldest working nuclear reactor to restart. (On photo Professor Jesus Talamantes-Silva)

Sheffield Forgemasters International Ltd (SFIL) was contracted by plant operator, AXPO, to investigate the origin of ultrasonic indications which were detected in the Reactor Pressure Vessel (RPV) of Unit 1 of the Beznau nuclear power plant (KKB) in Switzerland, which was taken offline for two years until confirmed to be safe by the Swiss Federal Nuclear Safety Inspectorate (ENSI). Forgemasters manufactured a large cylindrical forging, identical to the body of the RPV, using techniques employed in the original 1960s manufacture and also acted as engineering and metallurgical consultants, establishing a root cause analysis and delivering detailed reports to support the safety case Continue reading

Growth of New Energy Vehicles Puts Demand for Aluminium Alloy on Fast Track (US)

SHANGHAIMay 17, 2018 /PRNewswire/ — The growing use of lightweight materials for the new energy vehicles is driving demand for aluminium alloy in China and around the world. At the last Auto China show alone, leading brands showcased 174 new energy models and it is predicted by 2020, the number of new energy vehicles in China will reach 2 million. This rapid growth in both production and sales is underpinned by government policiesContinue reading

Thyssenkrupp, Voestalpine subsidiaries seek U.S. tariff exemptions (US)

FRANKFURT (Reuters) – U.S. subsidiaries of European steelmakers Thyssenkrupp (TKAG.DE) and Voestalpine (VOES.VI) have applied for exemptions from looming import tariffs in the United States, according to company comments and public filings.The filings, first reported by German magazine WirtschaftsWoche, have been made by Thyssenkrupp Presta Danville LLC, which requires assembled camshaft tubes, and U.S. subsidiaries ofContinue reading

Fushun Special Steel Sinks Deeper Into Trouble (US)

Fushun Special Steel was once seen as the star subsidiary of Dongbei Special Steel, the country’s biggest bond defaulter, and was excluded from the bankruptcy and restructuring of the state-owned steel giant in 2017 because it was profitable. Also based in Liaoning, the heart of the country’s rustbelt, Dongbei Special Steel was revived after creditors agreed to a restructuring plan that involved Jiangsu Shagang Group Co. Ltd., China’s largest privately-owned steelmaker, investing 4.46 billion yuan to become its largest shareholder with a 43% stake. A person with knowledge of Dongbei Special Steel’s bankruptcy restructuring told Caixin that Fushun’s inventory problems were found only after Jiangsu Shagang came in as a strategic investor and conducted its own audit. Previously, Fushun had not allowedContinue reading

Liége : premières commandes pour l’acier revêtu sous vide d’Arcelor-Mittal (FR)

Le groupe PSA (Peugeot, Citroën et Opel dernièrement), Renault et Fiat. Voilà les tout premiers clients de la ligne JVD (Jet vapor deposition) d’ArcelorMittal, située à Kessales (Jemeppe). Les premières bobines de cet acier du futur viennent d’être commandées. Cette technologie, unique au monde, a été développée ici à Liège, au Centre de recherche métallurgique. Les premiers clients du secteur automobile viennent de passer leurs premières commandesContinue reading

Fleuron de l’aéronautique, Mecachrome voit affluer les offres de rachat (FR)

Les actionnaires majoritaires de ce spécialiste français de l’usinage ont déjà reçu huit offres spontanées.

Mecachrome, l’un des plus anciens équipementiers de l’aéronautique française, est à vendre. Dix ans après avoir repris l’entreprise en redressement judiciaire, les trois actionnaires majoritaires – le fonds d’investissement ACE (35 %), bpifrance (30 %) et le fonds de solidarité des travailleurs du Québec (35 %) – ont décidé de se désengager de concert, indique un proche du dossier, confirmant des informations du Figaro. « Un mandat de vente a été confié à Rothschild […] L’objectif est de conclure la transaction au cours du premier semestre 2018 », écrit le quotidien, qui avance le chiffre de 500 millions d’euros, « soit dix fois son résultat opérationnel ».Continue reading

Nanshan Aluminum and Rolls-Royce sign contract agreement (US)

In October 27th, Nanshan aluminum forging company with the British Rolls Royce company (Rolls-Royce) engine rotating parts supply contract signing ceremony was held in the Nanshan aviation technology center park. Rolls Royce Asia Pacific Supplier Management Executive James Lloyd, Rolls Royce Chinese supplier management executive official Hong Xiang, Lolo Chinese District rotary parts supplier management business manager Wu Tan, Cheng Rence, chairman of Nanshan, Nanshan aluminum board, deputy general manager and general manager LuContinue reading