Renco Group

International Battery Metals (IBAT) and US Magnesium Sign Agreement to Install World's First Modular Direct Lithium Extraction (DLE) Plant

Retrieved on: 
월요일, 5월 6, 2024

"Our commercial operations with US Mag will advance a productive lithium extraction operation," said Garry Flowers, IBAT CEO.

Key Points: 
  • "Our commercial operations with US Mag will advance a productive lithium extraction operation," said Garry Flowers, IBAT CEO.
  • IBAT's first-of-its-kind patented modular, mobile lithium extraction plant also has been independently verified to extract more than 97% of available lithium from brine.
  • "International Battery Metals' patented Modular Extraction Technology will be the basis of future lithium extraction from brine resources around the world.
  • The agreement provides IBAT with royalties from US Mag based on lithium sales, as well as payments for equipment operations based on lithium prices and performance.

Magnesium Rod Market Size to Surpass Around US$ 6.37 Billion 2031, Recording a CAGR of 6.65% | Report by CoherentMI

Retrieved on: 
수요일, 3월 13, 2024

One of the key trends observed in the Magnesium Rod Market is the increasing adoption of magnesium rods in the aerospace industry.

Key Points: 
  • One of the key trends observed in the Magnesium Rod Market is the increasing adoption of magnesium rods in the aerospace industry.
  • The market for magnesium rods is witnessing a significant growth in demand for high purity magnesium rods, particularly those with a purity of 99.99%.
  • Another market opportunity in the magnesium rod market is the increasing usage of magnesium rods in water tanks.
  • In conclusion, the Magnesium Rod Market presents lucrative opportunities for companies operating in the magnesium rod industry.

Magnesium Rod Market Size to Surpass Around US$ 6.37 Billion 2031, Recording a CAGR of 6.65% | Report by CoherentMI

Retrieved on: 
수요일, 3월 13, 2024

One of the key trends observed in the Magnesium Rod Market is the increasing adoption of magnesium rods in the aerospace industry.

Key Points: 
  • One of the key trends observed in the Magnesium Rod Market is the increasing adoption of magnesium rods in the aerospace industry.
  • The market for magnesium rods is witnessing a significant growth in demand for high purity magnesium rods, particularly those with a purity of 99.99%.
  • Another market opportunity in the magnesium rod market is the increasing usage of magnesium rods in water tanks.
  • In conclusion, the Magnesium Rod Market presents lucrative opportunities for companies operating in the magnesium rod industry.

$5.33+ Billion Worldwide Metal Magnesium Industry to 2031 - Increased Focus on Automotive Light-Weighting Will Create Significant Demand - ResearchAndMarkets.com

Retrieved on: 
금요일, 1월 20, 2023

The main product type of metal magnesium is pure magnesium, a magnesium compound and magnesium alloys.

Key Points: 
  • The main product type of metal magnesium is pure magnesium, a magnesium compound and magnesium alloys.
  • The increased focus on automotive light-weighting is driving the growth of the metal magnesium market.
  • The increased focus on automotive light-weighting will create a significant demand for metal magnesium due to its lightweight property.
  • Many companies operating in the metal magnesium market and researchers/academies are undergoing partnerships for the research and development of metal magnesium.

Kaiser Aluminum Lifts Force Majeure at its Warrick Rolling Mill

Retrieved on: 
화요일, 9월 6, 2022

FRANKLIN, Tenn., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU) announced today that it has lifted force majeure declared on July 7, 2022 at itsWarrick Rolling Mill(Kaiser Warrick), due to limited availability of magnesium utilized in the production of certain of its aluminum beverage and food packaging products, reducing its ability to produce those products at that time.

Key Points: 
  • FRANKLIN, Tenn., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU) announced today that it has lifted force majeure declared on July 7, 2022 at itsWarrick Rolling Mill(Kaiser Warrick), due to limited availability of magnesium utilized in the production of certain of its aluminum beverage and food packaging products, reducing its ability to produce those products at that time.
  • US Mag is not currently supplying any magnesium to Kaiser Warrick and no further shipments of magnesium are expected through the December 31, 2022 expiration of its supplier agreement.
  • With security of supply and its capacity fully restored, Kaiser Warrick is currently working with its customers to return to full production.
  • Kaiser Aluminum Corporation, headquartered in Franklin, Tenn., is a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide with highly engineered solutions for aerospace and high-strength, packaging, general engineering, custom automotive and other industrial applications.

Kaiser Aluminum Declares Force Majeure at its Warrick Rolling Mill Due to Limited Availability of Magnesium

Retrieved on: 
목요일, 7월 7, 2022

As the Company has previously disclosed, US Magnesium, LLC, (US Mag), Kaiser Warricks largest supplier of magnesium, declared force majeure on September 29, 2021.

Key Points: 
  • As the Company has previously disclosed, US Magnesium, LLC, (US Mag), Kaiser Warricks largest supplier of magnesium, declared force majeure on September 29, 2021.
  • Although US Mag had continued to supply approximately 50% of its contractual commitment to Kaiser Warrick, deliveries have recently stopped.
  • Kaiser Warrick is working with its customers to minimize the impact on planned deliveries.
  • The rolling mill will continue to operate at lower production levels until US Mag resumes deliveries or additional replacement magnesium becomes available to Kaiser Warrick.

RENFRO BRANDS, WORLD'S MOST RENOWNED SOCK MANUFACTURING COMPANY, MARKS 100-YEAR ANNIVERSARY WITH LAUNCH OF CSR PROGRAM, PROJECT FOOTPRINT

Retrieved on: 
화요일, 12월 14, 2021

A century later, Renfro has grown into a global leader in the legwear industry with over 1,500 employees globally.

Key Points: 
  • A century later, Renfro has grown into a global leader in the legwear industry with over 1,500 employees globally.
  • As Renfro charts its next phase of growth, the company is focused on making a positive impact on the world.
  • Renfro will continue to progress and evolve Project Footprint to both grow its impact and address new needs as they emerge.
  • Founded in 1921, the company pioneered some of the earliest innovations in sock manufacturing, from standardizing sock sizes to eliminating toe seams.