Titanium

ATI announces Richland, Washington as site of titanium melt expansion

Retrieved on: 
Wednesday, July 19, 2023

DALLAS, July 19, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced its Richland, Washington operations as the location of its previously announced titanium melting expansion through investment in new, state-of-the-art assets. The expansion will increase ATI's production of aerospace and defense-grade titanium by approximately 35% over the 2022 baseline levels, helping to meet strong titanium demand. The expansion is projected to be online by the end of 2024, with product qualifications occurring in 2025. 

Key Points: 
  • DALLAS, July 19, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced its Richland, Washington operations as the location of its previously announced titanium melting expansion through investment in new, state-of-the-art assets.
  • The expansion will increase ATI's production of aerospace and defense-grade titanium by approximately 35% over the 2022 baseline levels, helping to meet strong titanium demand.
  • The expansion is projected to be online by the end of 2024, with product qualifications occurring in 2025.
  • "We're essentially doubling the capacity of this operation and upgrading its capabilities to deliver the high-quality premium materials our customers value," said Kim Fields, ATI president and chief operating officer.

Rio Tinto releases second quarter production results

Retrieved on: 
Tuesday, July 18, 2023

Pilbara operations produced 81.3 million tonnes (100% basis) in the second quarter, 3% higher than the second quarter of 2022 as Gudai-Darri achieved sustained nameplate capacity during the period.

Key Points: 
  • Pilbara operations produced 81.3 million tonnes (100% basis) in the second quarter, 3% higher than the second quarter of 2022 as Gudai-Darri achieved sustained nameplate capacity during the period.
  • Aluminium production of 0.8 million tonnes was 11% higher than the second quarter of 2022 as we benefited from the continued ramp-up of the Kitimat smelter.
  • Mined copper production of 145 thousand tonnes (on a consolidated basis), was 1% lower than the second quarter of 2022.
  • In the second quarter, we commenced deployment of the Safe Production System at a further two sites, taking the total to 20 sites.

Velta Partners with EAS Advisors LLC to Secure Funding for Titanium Plant Construction in the U.S.

Retrieved on: 
Tuesday, July 18, 2023

The aim of the cooperation is to secure the necessary funding for the construction of Velta's proposed titanium alloy powder plant, based on Ukrainian green technology, in the United States.

Key Points: 
  • The aim of the cooperation is to secure the necessary funding for the construction of Velta's proposed titanium alloy powder plant, based on Ukrainian green technology, in the United States.
  • Ukrainian titanium leader Velta announces partnership to secure funding for new US manufacturing facility.
  • We recognize the growing demand for titanium and the need for the US to secure a reliable US-based supply.
  • ", said Edward Sugar, Principal at EAS Advisors LLC
    EAS Advisors has participated in over $6.5 billion of transactions since their inception in 2008.

ATLAS LITHIUM CORPORATION (NASDAQ: ATLX) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Atlas Lithium Corporation

Retrieved on: 
Tuesday, July 18, 2023

NEW YORK, July 18, 2023 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Atlas Lithium Corporation (“Atlas Lithium” or the “Company”) (NASDAQ: ATLX) between March 25, 2022 and May 3, 2023, inclusive (the “Class Period”). The lawsuit was filed in the United States District Court for the Central District of California and alleges violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the "Complaint").

Key Points: 
  • If so, please visit Atlas Lithium Corporation Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or [email protected] to discuss your rights.
  • If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2023.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.

Global PEEK Dental Implants Market Projected to Grow at a CAGR of 7.6% from 2023 to 2031, Fueled by Increasing Demand and Advantages over Traditional Materials - ResearchAndMarkets.com

Retrieved on: 
Friday, July 14, 2023

PEEK dental implants, which utilize polyetheretherketone material, offer exceptional biocompatibility, lightweight properties, and excellent mechanical characteristics, making them a preferred choice among dental implant manufacturers and dentists worldwide.

Key Points: 
  • PEEK dental implants, which utilize polyetheretherketone material, offer exceptional biocompatibility, lightweight properties, and excellent mechanical characteristics, making them a preferred choice among dental implant manufacturers and dentists worldwide.
  • PEEK dental implants are lightweight, durable, and possess comparable or even superior mechanical properties to titanium implants.
  • Dental implants, including PEEK dental implants, serve as an effective solution for tooth loss, contributing to the growing demand for dental implant procedures.
  • However, the higher cost of PEEK dental implants compared to traditional materials may restrain market growth.

Government of Canada invests to strengthen domestic critical minerals value chain

Retrieved on: 
Friday, July 14, 2023

Funding aims to prioritize critical minerals projects with manufacturing, processing and recycling applications

Key Points: 
  • Funding aims to prioritize critical minerals projects with manufacturing, processing and recycling applications
    OTTAWA, ON, July 14, 2023 /CNW/ - The Government of Canada is well aware that critical minerals are the building blocks for the transition to a low-carbon economy.
  • "Canada has everything it takes to be a leading force in critical minerals processing, manufacturing and recycling.
  • – The Honourable Jonathan Wilkinson, Minister of Natural Resources
    In December 2022, the Government of Canada released the Canadian Critical Minerals Strategy to help advance the development of critical mineral resources and value chains across the country.
  • SIF will also direct up to $1.5 billion of its existing resources toward projects in clean technologies, critical minerals and industrial transformation.

CORE Industrial Partners Portfolio Company GEM Manufacturing Acquires Coining Manufacturing and Precision Machine Products

Retrieved on: 
Thursday, July 13, 2023

CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of Coining Manufacturing, LLC (“Coining”) and Precision Machine Products, Inc. (“PMP”, and together with Coining, the “Company”), a provider of specialty stamping and machining services, by CORE portfolio company GEM Manufacturing (“GEM”).

Key Points: 
  • CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of Coining Manufacturing, LLC (“Coining”) and Precision Machine Products, Inc. (“PMP”, and together with Coining, the “Company”), a provider of specialty stamping and machining services, by CORE portfolio company GEM Manufacturing (“GEM”).
  • CORE previously acquired GEM, a provider of precision deep drawn metal components and mechanical assemblies, in February 2023.
  • Founded in 1990, the Company offers progressive die stamping, screw machining, CNC machining and wire EDM manufacturing technologies to produce complex precision components.
  • Utilizing a fleet of tools, dies, and fixtures exclusively designed, built and maintained in-house, the Company also provides piercing, slotting, drawing, coining, trimming, tapping, deburring and bending.

Velta Announces Ground-Breaking Production Process for Titanium High-Performance Alloys

Retrieved on: 
Tuesday, July 11, 2023

Ukrainian titanium leader Velta LLC announced Monday it had developed titanium aluminide (TiAl), a highly prized intermetallic compound, using its proprietary closed-cycle manufacturing process.

Key Points: 
  • Ukrainian titanium leader Velta LLC announced Monday it had developed titanium aluminide (TiAl), a highly prized intermetallic compound, using its proprietary closed-cycle manufacturing process.
  • The conventional production of titanium metal and its alloys, such as titanium aluminide, is energy- and time-intensive.
  • The new Velta Ti Process, which creates titanium alloy powders from ilmenite concentrate, results in a superior product with a carbon footprint between five and ten times smaller than those made through the traditional Kroll process.
  • Through the revolutionary cutting-edge Velta Ti Process, titanium aluminides have the potential to compete with superalloys.

Sentient's Tixel Receives NewBeauty Award for 'Best Resurfacing Treatment for Wrinkles'

Retrieved on: 
Tuesday, July 11, 2023

PARK CITY, Utah, July 11, 2023 /PRNewswire/ -- Sentient® , LLC, the leading full-service provider to the aesthetic care industry, is proud to announce that Tixel—its non-invasive skin resurfacing technology—has received the prestigious 2023 NewBeauty Award for 'Best Resurfacing Treatment for Wrinkles.'

Key Points: 
  • PARK CITY, Utah, July 11, 2023 /PRNewswire/ -- Sentient® , LLC, the leading full-service provider to the aesthetic care industry, is proud to announce that Tixel—its non-invasive skin resurfacing technology—has received the prestigious 2023 NewBeauty Award for 'Best Resurfacing Treatment for Wrinkles.'
  • The NewBeauty Awards showcase top products and treatments across a variety of categories ranging from innovative in-office procedures to best skin-care selections.
  • More than 10,000 submissions were vigorously tested and vetted by NewBeauty editors and industry experts throughout the year.
  • Makeup can be applied the day after treatment, and pain and social downtime are minimal compared to laser and radio frequency treatments.

IperionX and Aperam Recycling Partner to Create 100% Recycled Titanium Supply Chain

Retrieved on: 
Monday, July 10, 2023

IperionX Limited (“IperionX”) (NASDAQ:IPX, ASX: IPX) and Aperam Recycling (“Aperam”) through its American entity ELG Utica Alloys (“ELG”) have executed an agreement to create a low-carbon 100% recycled titanium supply chain.

Key Points: 
  • IperionX Limited (“IperionX”) (NASDAQ:IPX, ASX: IPX) and Aperam Recycling (“Aperam”) through its American entity ELG Utica Alloys (“ELG”) have executed an agreement to create a low-carbon 100% recycled titanium supply chain.
  • ELG will supply clean titanium scrap metal and IperionX will use its patented titanium processing technologies to produce low-carbon titanium metal for a more sustainable and fully circular supply chain.
  • View the full release here: https://www.businesswire.com/news/home/20230710900412/en/
    IPERIONX AND APERAM PARTNER TO CREATE 100% RECYCLED TITANIUM SUPPLY CHAIN (Graphic: Business Wire)
    Aperam is a global player in stainless, electrical and specialty steel and recycling.
  • This agreement between IperionX and ELG will use scrap titanium feedstocks from manufacturing waste and end-of-life titanium metal products, to re-shore advanced low-carbon titanium metal production and create a more sustainable, 100% recycled U.S. titanium supply chain.