Metallurgy

Element Zero Raises US$10M Seed Funding Led by Playground Global to Scale up Green Materials Platform, Decarbonize Iron and Other Critical Metals Production

Retrieved on: 
Wednesday, January 17, 2024

Element Zero , a green materials platform company, announced today that it has raised US$10 million in seed funding led by Playground Global .

Key Points: 
  • Element Zero , a green materials platform company, announced today that it has raised US$10 million in seed funding led by Playground Global .
  • Element Zero will use the funding to grow R&D, engineering, and project development teams and scale the development of a pilot iron plant.
  • This non-aqueous electrochemical process allows Element Zero to process the full spectrum of iron ores; this includes the core 95% of Australian and Brazilian global trade in iron ore.
  • As the price of high-grade iron ore continues to rise, Element Zero will be able to process low-grade iron ore, which is widely accessible.

Power Nickel Announces Filing of Amended Technical Report

Retrieved on: 
Tuesday, January 23, 2024

These mineral resources are not mineral reserves as they do not have demonstrated economic viability.

Key Points: 
  • These mineral resources are not mineral reserves as they do not have demonstrated economic viability.
  • The constraining pit shell was developed using overall pit slopes of 45 degrees in bedrock and 25 degrees in overburden.
  • Capping grades are as follow: 2% for Nickel, 1.5% for Copper, 0.15% for Cobalt, 1.2 g/t for Platinum, and 3 g/t for Palladium.
  • The reader is cautioned that the numbers presented in the following tables should not be misconstrued with a mineral resource statement.

THE Mining Investment Event of the North, Quebec City - June 4-6, 2024 Announces Osisko Mining THE 2024 Student Sponsor

Retrieved on: 
Tuesday, January 9, 2024

THE Student Program, launched last year, is now recognized as one of the largest fully funded Student conference programs in the country.

Key Points: 
  • THE Student Program, launched last year, is now recognized as one of the largest fully funded Student conference programs in the country.
  • It provides an unparalleled learning opportunity for up to 50 university or college students across Canada, studying in the fields of mining, finance, engineering, metallurgy, earth/social sciences and/or other related mining courses.
  • Mathieu Savard, President of Osisko Mining stated; "Osisko Mining is proud to sponsor THE 2024 Student Program as we strongly believe that our employees and future employees constitute the most important resource of all.
  • The Event is committed to promoting sustainability in the mining industry through education and innovation.

First American Uranium Announces Change of Directors and Grant of Options

Retrieved on: 
Thursday, January 11, 2024

The Company is pleased to also announce that Eugene D. Spiering has been appointed a director of the Company to fill the vacancy.

Key Points: 
  • The Company is pleased to also announce that Eugene D. Spiering has been appointed a director of the Company to fill the vacancy.
  • He presently serves as director for Anfield Energy, Nuclear Fuels Inc., Southern Silver Exploration Corp. and for Arizona Silver Exploration.
  • Pursuant to the Company’s Share Option Plan and subject to regulatory approval, the Company has granted 300,000 stock options (the “Options”) to Mr. Spiering.
  • The Shares to be issued on the exercise of the Options will be subject to a hold period of four months and a day from the date of grant of the Options.

Italian Industrial Automation Market Analysis and Forecast to 2028 - A $13.46 Billion Market by 2028, Influenced by AI and IIoT Trends

Retrieved on: 
Friday, January 12, 2024

The demand for industrial robots in the Italian industrial automation market is escalating as industries seek to automate repetitive and labor-intensive tasks.

Key Points: 
  • The demand for industrial robots in the Italian industrial automation market is escalating as industries seek to automate repetitive and labor-intensive tasks.
  • The growth of OEMs in the Italian industrial automation market is driven by their integral role in providing end-to-end automation solutions.
  • The increase in the annual installation of industrial robots significantly contributes to the growth of the industrial automation market.
  • The impact of the Industrial Internet of Things (IIoT) on the growth of the industrial automation market is profound.

Capella Provides Update on Central Finland Lithium Project

Retrieved on: 
Wednesday, January 10, 2024

European Energy may formally complete its 51% earn-in to the Project through the payment of CAD 100,000 in cash and 400,000 FIN common shares to Capella.

Key Points: 
  • European Energy may formally complete its 51% earn-in to the Project through the payment of CAD 100,000 in cash and 400,000 FIN common shares to Capella.
  • European Energy's News Release is available at: https://europeanenergymetals.com/news/news-2024.html
    Eric Roth, Capella´s President and CEO commented: "I am pleased to be reporting today on the progress that European Energy has made on advancing the Central Finland Lithium Project.
  • The technical information in this news release relating to the Central Finland Lithium Project has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101, and approved by Eric Roth, the Company's President & CEO, a Director, and a Qualified Person under NI 43-101.
  • Mr. Roth has 35 years of experience in international minerals exploration and mining project evaluation.

TimkenSteel Announces Intent to Change Name to Metallus Inc.

Retrieved on: 
Wednesday, January 10, 2024

CANTON, Ohio, Jan. 10, 2024 /PRNewswire/ -- TimkenSteel (NYSE: TMST) today announced its intent to change its name to Metallus Inc.

Key Points: 
  • CANTON, Ohio, Jan. 10, 2024 /PRNewswire/ -- TimkenSteel (NYSE: TMST) today announced its intent to change its name to Metallus Inc.
  • The company's common stock will continue to trade on the New York Stock Exchange under its new ticker symbol (NYSE: MTUS), effective February 27, 2024.
  • In accordance with the name change, the company will also unveil a new company website on February 27, 2024.
  • Operating as Metallus, the company will continue to serve the automotive, energy and a variety of industrial end markets with targeted growth in aerospace and defense.

SurplusGLOBAL's CEO, Bruce Kim, Has Been Elected as a Members of The National Academy of Engineering of Korea

Retrieved on: 
Monday, January 8, 2024

This distinction has led to his election as a member of The National Academy of Engineering of Korea.

Key Points: 
  • This distinction has led to his election as a member of The National Academy of Engineering of Korea.
  • A graduate of Yonsei University's Department of Metallurgical Engineering, Bruce Kim established SurplusGLOBAL in 2000.
  • In 2012, Bruce Kim established the "Smile Together Foundation" to support families with developmental disabilities, serving as its director.
  • Membership in the National Academy of Engineering of Korea comprises various categories, including members, associate members, emeritus members, and foreign members.

Solaris Provides 2024 Preview Including Planned NYSE American Listing and Updated Warintza Mineral Resource Estimate in Q2/24

Retrieved on: 
Monday, January 8, 2024

NYSE American Listing – The Company intends to list on the NYSE American stock exchange (“NYSE American”) to satisfy the appetite of many U.S. retail and institutional investors seeking to add exposure to Solaris.

Key Points: 
  • NYSE American Listing – The Company intends to list on the NYSE American stock exchange (“NYSE American”) to satisfy the appetite of many U.S. retail and institutional investors seeking to add exposure to Solaris.
  • In advance of listing on the NYSE American, Solaris will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission.
  • Subject to the review and approval of the listing application and satisfaction of all applicable listing and regulatory requirements, the Company expects its common shares to commence trading on the NYSE American in H1/24.
  • Notably, these intercepts included skarn mineralization (in addition to porphyry) for which the source has not yet been located.

Collective Metals Announces Results of Phase II Soil Geochemical Sampling Program on its Princeton Project

Retrieved on: 
Monday, January 8, 2024

VANCOUVER, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to announce it has received final assay results for soil samples collected from Phase II of the Company’s two-phase soil geochemical survey (the “Program”) completed in the summer of 2023 on the Princeton Project (the “Project”). The Program was designed to follow up on two multi-element soil geochemical anomalies identified along the Trojan-Condor Corridor in Phase I of the Program (please see News Release dated September 21, 2023) as well as systematically test several additional targets with favourable geology, geophysical signatures, and/or historic geochemistry. The Program extended two previously identified anomalies (PA1 and PA2; please see News Release dated September 21, 2023) and outlined several additional anomalies at outboard target areas. The Company believes the Lamont Ridge, Coalmont Road, Findlay, Fourteen Mile, and Trojan-Condor target areas hold potential to host multiple porphyry copper ± gold mineralization and plans to pursue more advanced exploration in 2024.

Key Points: 
  • Chris Huggins, Chief Executive Officer of Collective, commented, “The results of the 2023 soil program are very encouraging.
  • Phase I of the Program identified a modest copper-silver-gold-tellurium soil geochemical anomaly along a single NE-trending line of predominantly B-horizon soil samples over the Condor target.
  • While Phase I samples were predominantly Ah-horizon soil, Phase II samples were predominantly B-horizon soil.
  • 2 - An Assessment of Soil Geochemical Methods for Detecting Copper-Gold Porphyry Mineralization through Quaternary Glaciofluvial Sediments at the WBX-MBX and 66 Zones, Mt.