Outokumpu

EcoVadis ranks Outokumpu among the top 1% of companies assessed with a Platinum rating

Retrieved on: 
Friday, December 22, 2023
COP28, Platinum, United Nations Global Compact, Sustainable procurement, Ethics, Business, Sustainability, Human rights, Environment, Labour, Stainless steel, Science, Outokumpu, GRI, UN, Renewable energy

HELSINKI, Dec. 22, 2023 /PRNewswire/ -- Outokumpu, the global leader in sustainable stainless steel, has received the highest Platinum level recognition from the sustainability rating platform EcoVadis.

Key Points: 
  • HELSINKI, Dec. 22, 2023 /PRNewswire/ -- Outokumpu, the global leader in sustainable stainless steel, has received the highest Platinum level recognition from the sustainability rating platform EcoVadis.
  • Today, Outokumpu ranks among the top 1% of more than 100,000 companies assessed based on its strong performance in sustainability.
  • This is not the first time Outokumpu receives the Platinum recognition, but this year, Outokumpu scored its all-time high points.
  • "We are proud to see our commitment to sustainability being recognized to be among the top 1% of companies assessed by EcoVadis.

Capella Granted Killero West Exploration Permit and Provides Update for Maiden Drill Program at Killero East Copper-Gold Target, Northern Finland

Retrieved on: 
Tuesday, December 5, 2023
Society of Economic Geologists, Anomaly, Joint venture, Geology, FRA, Metallurgy, SEG, ASX, Anglo American plc, University, GTK, SE, Society, News, Mining, Rare-earth element, Granite, Capella, Outokumpu, Central Lapland Greenstone Belt

The Killero West permit complements the five exploration permits which were previously granted in May, 2023, including the Killero East permit where exceptional historical Base of Till ("BoT") copper-gold anomalies were generated by Anglo American plc (Figure 1; Company News Release dated May 30, 2023).

Key Points: 
  • The Killero West permit complements the five exploration permits which were previously granted in May, 2023, including the Killero East permit where exceptional historical Base of Till ("BoT") copper-gold anomalies were generated by Anglo American plc (Figure 1; Company News Release dated May 30, 2023).
  • Capella currently expects scout core drilling of the priority Killero East target to commence in late Q1, 2024; this drill program would represent the first ever drill testing of the historical BoT copper-gold anomalies.
  • Capella is also currently evaluating an initial diamond drill program on the Saattopora West target - the northwestern extension to Outokumpu Oy's former Saattopora gold-copper mining operation - during the northern 2024 summer.
  • Location of the newly-granted Killero West permit plus the five exploration permits granted in May, 2023 (Saattopora W, Keisunselka, Jolhikko, Katajavaara, and Killero East) in the Northern Finland Gold-Copper Project.

Alfa Laval is partnering with Outokumpu to cut carbon emissions

Retrieved on: 
Tuesday, December 5, 2023
Stainless steel, Growth, Carbon accounting, Carbon, CO2, Steel, Outokumpu, Circle, Alfa Laval

The steel (Circle green®), made from high-quality recycled material, will be used in Alfa Laval's heat exchanger production.

Key Points: 
  • The steel (Circle green®), made from high-quality recycled material, will be used in Alfa Laval's heat exchanger production.
  • Most of the Alfa Laval steel purchased from Outokumpu, a global steel manufacturer, will now be the low carbon stainless steel variety.
  • Considering that global steel production accounts for 7 percent of the world's CO2 emissions, opting for alternative steel with a lower carbon footprint will make a big impact on society's goal of reducing carbon emissions.
  • By reducing the carbon footprint upstream in Scope 3, through the use of Circle green steel, Alfa Laval enables customers to cut down on their Scope 3 downstream emissions.

ANYbotics Secures $50M Series B Funding to Revolutionize Industrial Inspection with its Four-Legged Robotic Workforce

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Tuesday, May 16, 2023
Software, Hardware, Utilities, Robotics, Oil, Gas, Mining, Minerals, Energy, Technology, Natural Resources, Artificial Intelligence, Chemicals, Plastics, Manufacturing, Shell, Workforce, Maintenance, PETRONAS, Metal, Ageing, Multimedia, Anybots, Outokumpu, BASF, Nokia, SLB, Safety, Siemens Energy

The funds will be used to scale deployments internationally, fuel the development of new capabilities, and solidify ANYbotics' leading competitive position in robotic inspection solutions.

Key Points: 
  • The funds will be used to scale deployments internationally, fuel the development of new capabilities, and solidify ANYbotics' leading competitive position in robotic inspection solutions.
  • Faced with an aging workforce and labor shortages , these industries increasingly rely on innovative robotics solutions to streamline operations, reduce environmental impact, and increase worker safety.
  • "This funding validates our unique approach to addressing fundamental challenges of operating complex industrial facilities,” said Dr. Péter Fankhauser, ANYbotics Co-Founder and CEO.
  • "ANYbotics has demonstrated exceptional capabilities in developing innovative robotic solutions that address the growing needs of heavy industries, simultaneously enhancing productivity, worker safety, and environmental sustainability."

EQS-News: Klöckner & Co SE reports strong earnings and cash flow in fiscal year 2022 despite challenging economic environment

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Saturday, March 11, 2023
Carbon, Kloeckner Metals Corporation, Wind, Partnership, Targets, China National Materials Group, Acquisition, Metal, SAS, Annual, KMC, NMM, Outokumpu, Mercedes-Benz, Annual general meeting, Automation, Science Based Targets initiative, Science, Steel, Nucor, Stainless steel, EBITDA, PCF, Aluminium, Classification, The National German Sustainability Award, Cryptocurrency, Retail

The equity ratio increased over the prior year’s level to 51% at the end of the year (2021: 47%).

Key Points: 
  • The equity ratio increased over the prior year’s level to 51% at the end of the year (2021: 47%).
  • Guido Kerkhoff, CEO of Klöckner & Co SE: “Despite the challenging macroeconomic environment, we continued to successfully execute our corporate strategy in fiscal year 2022.
  • The Company brought together its CO2-reduced products and services under the Nexigen® brand launched in fiscal year 2022.
  • Although the economic environment remains challenging, the Company expects that the global steel market will increasingly normalize this year.

Proposal for Board of Directors of AB Volvo

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Friday, February 24, 2023
Volvo, Election Committee (Hong Kong), Volvo Cars, Annual general meeting, Annual, SEK, Nasdaq Stockholm, SKF, AFA, AMF, AB, EUR, SSAB, Outokumpu, Automotive industry, Haldex (company)

GOTHENBURG, Sweden, Feb. 24, 2023 /PRNewswire/ -- The Election Committee of AB Volvo proposes Bo Annvik to be elected as new Board member at the Annual General Meeting on April 4, 2023. The Election Committee also proposes the re-election of the Chairman of the Board Carl-Henric Svanberg, as well as Board members Matti Alahuhta, Jan Carlson, Eric Elzvik, Martha Finn Brooks, Kurt Jofs, Martin Lundstedt, Kathryn V. Marinello, Martina Merz and Helena Stjernholm. Hanne de Mora will not stand for re-election.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 24, 2023 /PRNewswire/ -- The Election Committee of AB Volvo proposes Bo Annvik to be elected as new Board member at the Annual General Meeting on April 4, 2023.
  • The Election Committee of AB Volvo comprises representatives of four of the company's largest shareholders, who together represent approximately 16.5 percent of the shares and approximately 39.8 percent of the votes, and the Chairman of the Board.
  • Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions.
  • The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets.

EQS-News: Eurobattery Minerals publishes Q3 report for 2022 – Significant mineral resource upside identified

Retrieved on: 
Wednesday, November 30, 2022
EBM, SEK, Mineral, Metal, Politics, Nickel, Environment, DMC Mining Services, Annual, Volvo, JORC, Mining, Car, ALS, Zinc, Commerce, Monte, Accreditation, AFRY, Copper, Energy, PEA, News, Outokumpu, BAT, PFS, Comprehensive Everglades Restoration Plan, EIA, Biophysical environment, EUR, Acquisition, Ford Corcel, Environmental impact assessment, COVID-19, Social impact assessment, YouGov, Cobalt, Gold, MD, Economic development, Mobile phone, Rare-earth element, Cryptocurrency, Lithium, Renewable energy, Bookkeeping, Animal, EU, Nordic Growth Market

Stockholm, 30 November 2022 The mining company Eurobattery Minerals AB (Nordic Growth Market: BAT and Brse Stuttgart: EBM ; in short: EBM, Eurobattery or the Company), today published its interim report for the first nine months of 2022.

Key Points: 
  • Stockholm, 30 November 2022 The mining company Eurobattery Minerals AB (Nordic Growth Market: BAT and Brse Stuttgart: EBM ; in short: EBM, Eurobattery or the Company), today published its interim report for the first nine months of 2022.
  • In May, Eurobattery Minerals completed another step towards realising the Finnish Hautalampi battery mineral project as the environmental impact assessment (EIA) report was submitted.
  • In October Eurobattery Minerals received the complete JORC-compliant report entitled Hautalampi Ni-, Cu-, Co-Deposit Mineral Resource Estimate, Outokumpu, Finland.
  • In November, Eurobattery Minerals announced that the Swedish Mining Inspectorate has decided that all Eurobattery Minerals exploration permits have been automatically extended by one year.

Outokumpu aims to improve its energy efficiency significantly in 2023 and 2024 amidst the European energy crisis

Retrieved on: 
Thursday, November 3, 2022
Electricity, Kilowatt-hour, Carbon, Stainless steel, Erdmann, Uncertainty, Family, Outokumpu, EUR, Efficiency, Investment, Renewable energy

HELSINKI, Nov. 3, 2022 /PRNewswire/ --Outokumpu has decided to significantly increase its energy efficiency improvement target and prioritize related investments in 2023 and 2024.

Key Points: 
  • HELSINKI, Nov. 3, 2022 /PRNewswire/ --Outokumpu has decided to significantly increase its energy efficiency improvement target and prioritize related investments in 2023 and 2024.
  • So far, Outokumpu's target has been to improve energy efficiency by 0.5% annually.
  • Until the end of 2024, Outokumpu now aims to improve its energy efficiency by 8% across the group compared to the JanuarySeptember 2022 level.
  • To tackle the uncertainty, we have decided to take immediate action on our own energy efficiency.

EQS-News: Eurobattery Minerals: Full report on Hautalampi available - almost 40% increase in the contained metals confirmed

Retrieved on: 
Saturday, October 22, 2022
News, LinkedIn, Metal, AFRY, BAT, Competent person, Twitter, Finland, Mineral, CEO, Resource management, Outokumpu, EBM, Database, Competence, Lithium, Mining, Nordic Growth Market

The independent JORC-compliant report prepared by AFRY Finland Oy concludes that, compared to previous analysis in 2021, the available mineral resources in the mine project has almost doubled with around 40% more metals.

Key Points: 
  • The independent JORC-compliant report prepared by AFRY Finland Oy concludes that, compared to previous analysis in 2021, the available mineral resources in the mine project has almost doubled with around 40% more metals.
  • Eurobattery Minerals owns 40% of the Hautalampi project and have the option to acquire 100% from its current majority owner FinnCobalt.
  • Mr. Sepp has reviewed, verified, and approved the contents of this news release as they relate to the mineral resource report.
  • Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market ( BAT ) and German Brse Stuttgart ( EBM ).

Canada Nickel Completes Additional Property Acquisitions

Retrieved on: 
Tuesday, June 7, 2022
Company, TSX Venture Exchange, Grid, Outokumpu, CNC, Nickel, Acquisition, Powell, Road, Bank

TORONTO, June 7, 2022 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF)is pleased to announce that it has entered into an agreement withGrid Metals Corp. ("Grid")(TSXV: GRDM; OTCQB: MSMGF) on June 6, 2022 to acquire a 100% interest in the Bannockburn Nickel Property located near Matachewan Ontario, and to provide further details on other recently acquired properties.

Key Points: 
  • TORONTO, June 7, 2022 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF)is pleased to announce that it has entered into an agreement withGrid Metals Corp. ("Grid")(TSXV: GRDM; OTCQB: MSMGF) on June 6, 2022 to acquire a 100% interest in the Bannockburn Nickel Property located near Matachewan Ontario, and to provide further details on other recently acquired properties.
  • Historical mineral processing work confirmed presence of heazlewoodite, similar to Crawford, and the ability to generate a 35% nickel concentrate."
  • Previous drilling by Outokumpu Oyj ("Outokumpu") intersected 203 metres of 0.33% nickel in MBB4-09 and 25 metres of 0.46% nickel in BN-19-98.
  • Preliminary mineral processing testing in 2005 on the "B" Zone showed that a 0.33% nickel grade sample indicated a recovery of 52% to a 35% nickel concentrate.