Iron

Cobalt Iron Announces New Cloud Backup-as-a-Service Offering for IBM Power Virtual Server

Retrieved on: 
Tuesday, April 2, 2024

Developed with IBM, the solution serves enterprises that are running on, or moving to, an IBM Power Virtual Server.

Key Points: 
  • Developed with IBM, the solution serves enterprises that are running on, or moving to, an IBM Power Virtual Server.
  • “IBM Power Virtual Server clients have voiced a significant need for automated, secure, and easy to use business continuity solutions.
  • To that end, Cobalt Iron partnered with IBM to bring enterprise-class data protection and automation for IBM Power Virtual Server workloads.
  • “Cobalt Iron has extended its deep integration and partnership with IBM with this new Compass offering in the IBM Cloud Catalog,” said Andy Hurt, CMO of Cobalt Iron.

South Africa Iron Ore and Chrome Mining Industry - Increasing Demand for Chrome Ore, Due to Rising Ferrochrome Production in China - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024

Limited exports due to collapsing rail lines and ports used by chrome ore and iron ore mining companies.

Key Points: 
  • Limited exports due to collapsing rail lines and ports used by chrome ore and iron ore mining companies.
  • Increased demand for stainless steel should lead to growth in chrome ore demand and, consequently, higher chrome ore prices.
  • The rate of iron ore demand growth is expected to slow, and iron ore supply is forecast to grow at a faster rate than demand, leading to lower iron ore prices.
  • Iron Ore companies profiled include Kumba, Assmang, Afrimat, Ironveld Mining and Thabazimbi Iron Ore Mine.

Latin America Construction Equipment Market Strategic Assessment & Forecast 2024-2029, Featuring Key Vendors Caterpillar, Komatsu, Hitachi, XCMG, Liebherr and Volvo Construction Equipment - ResearchAndMarkets.com

Retrieved on: 
Monday, April 1, 2024

Caterpillar, Komatsu, Hitachi, XCMG, Liebherr & Volvo Construction Equipment have a substantial market share in the Latin America construction equipment market.

Key Points: 
  • Caterpillar, Komatsu, Hitachi, XCMG, Liebherr & Volvo Construction Equipment have a substantial market share in the Latin America construction equipment market.
  • Earthmoving equipment accounted for the largest market share in the Latin America construction equipment market in 2023.
  • Brazil is the largest market in Latin America construction equipment market.
  • The demand for this equipment will grow sharply in the Latin America construction equipment market in 2024.

GrafTech’s Board of Directors Issues Open Letter to Stockholders

Retrieved on: 
Tuesday, April 2, 2024

GrafTech’s Board of Directors (the “Board”) also issued a letter to the Company’s stockholders in connection with the filing.

Key Points: 
  • GrafTech’s Board of Directors (the “Board”) also issued a letter to the Company’s stockholders in connection with the filing.
  • He cites as his relevant board experience his tenure on the board of his children’s school and his condominium association.
  • Moreover, the current Board reflects substantial board refreshment, consistent with its strategy, as 75% of the Board’s current directors have been added since October 2021.
  • In fact, in the open letter Mr. Undavia issued to GrafTech stockholders on March 12, 2024, he all but acknowledged Mr. Taccone’s deep knowledge of the global steel industry.

Global Immune Health Supplements Outlook Report 2024: Market to Reach $34.73 Billion by 2028 with Amway, Bayer, DSM, Glanbia, Herbalife Nutrition, and Nutramax Laboratories Dominating - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024

The global immune health supplements market was valued at $20.80 billion in 2022 and is expected to reach $34.73 billion by 2028, growing at a CAGR of 8.92%

Key Points: 
  • The global immune health supplements market was valued at $20.80 billion in 2022 and is expected to reach $34.73 billion by 2028, growing at a CAGR of 8.92%
    The global immune health supplements market is witnessing several dynamic changes after the Coronavirus surge worldwide.
  • In the global immune health supplements market, several leading domestic, national, and international vendors are present.
  • North America accounted for the highest global immune health supplements market share, accounting for over 33% in 2022.
  • High Demand for Immune Health Supplements with Zinc, Vitamin C & D, and Curcumins
    In the immune health supplements market, vitamin C, vitamin D, zinc, and curcumins are the most used and suggested ingredients for immune health.

Electra Launches Pilot Plant to Advance Commercialization of Sustainable Clean Iron Production

Retrieved on: 
Wednesday, March 27, 2024

Electra , a clean iron company, today announced the commissioning of its Pilot plant in Boulder, Colorado.

Key Points: 
  • Electra , a clean iron company, today announced the commissioning of its Pilot plant in Boulder, Colorado.
  • The Pilot is designed to produce clean iron in approximately 1-meter square plates, and we are increasing capacity in a phased approach to validate modularity.
  • By repeatedly connecting the iron plates already demonstrated at the Pilot scale, the plant capacity is increased to millions of tonnes of iron production at the commercial scale.
  • BHP, a leading seaborne iron ore supplier to the steel industry and an Electra investor, supplied the iron ores for this Pilot.

GrafTech Announces Appointment of Timothy K. Flanagan as Chief Executive Officer and President

Retrieved on: 
Tuesday, March 26, 2024

GrafTech International Ltd. (NYSE: EAF) (“GrafTech” or the “Company”) announced today that the Company’s Board of Directors (the “Board”) has appointed Timothy K. Flanagan as the Company’s Chief Executive Officer and President, and has elected Mr. Flanagan to the Board, all effective March 26, 2024.

Key Points: 
  • GrafTech International Ltd. (NYSE: EAF) (“GrafTech” or the “Company”) announced today that the Company’s Board of Directors (the “Board”) has appointed Timothy K. Flanagan as the Company’s Chief Executive Officer and President, and has elected Mr. Flanagan to the Board, all effective March 26, 2024.
  • “The Board is pleased to announce Tim’s appointment as Chief Executive Officer and President,” said Henry R. Keizer, Chair of the Board of GrafTech.
  • Mr. Flanagan previously served as Executive Vice President, Chief Financial Officer of Cleveland-Cliffs Inc., a flat-rolled steel producer and supplier of iron ore pellets, from January 2017 to February 2019.
  • Prior to being promoted to Executive Vice President, Chief Financial Officer of Cleveland-Cliffs, he held a variety of financial leadership roles at Cleveland-Cliffs since joining in 2008.

Iron Bow Joins Peraton in Supporting $2.8B Special Operations Forces IT Enterprise Contract

Retrieved on: 
Tuesday, March 26, 2024

Iron Bow Technologies , the next-generation technology solutions provider to government, commercial, and healthcare markets, today announced it has joined Peraton in the implementation of the $2.8 billion Special Operations Forces IT Enterprise Contract (SITEC) 3 Enterprise Operations & Maintenance (EOM) task order.

Key Points: 
  • Iron Bow Technologies , the next-generation technology solutions provider to government, commercial, and healthcare markets, today announced it has joined Peraton in the implementation of the $2.8 billion Special Operations Forces IT Enterprise Contract (SITEC) 3 Enterprise Operations & Maintenance (EOM) task order.
  • This task order aims to deliver advanced IT solutions and network services to the US Special Operations Command (USSOCOM), its Component Commands, Theater Special Operations Commands (TSOCs), deployed forces, CIO/J6, and end-users over an eight-year duration.
  • “Special Operations Forces play a vital role in safeguarding US national security, navigating some of the world’s most demanding environments,” said Rob Watson, Vice President, Sales (Air Force, Navy, and Marines), Iron Bow Technologies.
  • “We’re honored to bring a world-class team of innovators, like Iron Bow, on board to support the USSOCOM mission,” said Tarik Reyes, President, Defense Mission and Health Solutions sector, Peraton.

ESS’ Energy Center is First LDES Solution to Receive IEEE 693 Rating Demonstrating Resilience Against Seismic Events

Retrieved on: 
Monday, March 25, 2024

This standard provides assurance that the Energy Center product line qualifies for deployment as critical infrastructure across the United States.

Key Points: 
  • This standard provides assurance that the Energy Center product line qualifies for deployment as critical infrastructure across the United States.
  • The company is the first non-lithium LDES provider to receive such a rating.
  • Certification to the IEEE 693 – Level: High standard demonstrates that the Energy Center can withstand acceleration up to 2.5 times the force of gravity and be relied upon to provide power during major seismic events.
  • Availability of flexible, safe and resilient LDES technologies will be critical as the world transitions to renewable energy.

U. S. Steel Consent Decree for Clairton Plant Incidents Authorized by Environmental Protection Agency and Department of Justice

Retrieved on: 
Tuesday, March 26, 2024

United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).

Key Points: 
  • United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).
  • The January 2024 Consent Decree with the Allegheny County Health Department, Clean Air Council, and PennEnvironment addressed the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022.
  • Project funds will be managed and distributed by the Jefferson Regional Foundation and Allegheny County Department of Economic Development.
  • On March 20, 2024, DOJ issued a letter stating that they had no objections to the Consent Decree.