Coal

Trenwa Partners with OPW to launch New Fibrelite Trench System

Retrieved on: 
Tuesday, April 9, 2024

Trenwa, the leading producer of precast concrete trench systems, and OPW, the global leader in composite technology, are excited to introduce the new Fibrelite Trench System.

Key Points: 
  • Trenwa, the leading producer of precast concrete trench systems, and OPW, the global leader in composite technology, are excited to introduce the new Fibrelite Trench System.
  • View the full release here: https://www.businesswire.com/news/home/20240405873697/en/
    The Fibrelite Trench System features a proprietary beam design that makes it incredibly light but also able to support HS20 road crossing traffic.
  • "Our Fibrelite Trench system represents a quantum leap in trench system technology," said George Schurr, CEO at Trenwa.
  • For more information about the Trenwa Fibrelite Trench system, please visit www.trenwa.com or contact Trenwa at [email protected] .

Announcing the 2024 Sun Valley Forum: Restoring Harmony With Nature

Retrieved on: 
Tuesday, April 9, 2024

KETCHUM, Idaho, April 9, 2024 /PRNewswire/ -- The ninth annual Sun Valley Forum, "Restoring Harmony With Nature," will be held from July 15 to July 18, 2024, at the Argyros Performing Arts Center in Ketchum, Idaho. The Forum is hosted by Christensen Global, a Ketchum-based sustainability advisory firm and the Sun Valley Institute for Resilience. 

Key Points: 
  • Leaders and Innovators to Gather for the Sun Valley Forum July 15-18, 2024
    KETCHUM, Idaho, April 9, 2024 /PRNewswire/ -- The ninth annual Sun Valley Forum , "Restoring Harmony With Nature," will be held from July 15 to July 18, 2024, at the Argyros Performing Arts Center in Ketchum, Idaho.
  • The Forum is hosted by Christensen Global, a Ketchum-based sustainability advisory firm and the Sun Valley Institute for Resilience .
  • The Sun Valley Forum advances to restore planetary health and resilience by convening global leaders and innovators from business, government, philanthropy, finance, Indigenous Peoples, and storytellers.
  • Our stewardship of nature is best informed by Indigenous Peoples who have stewarded nature for millennia," said Aimée Christensen, Sun Valley Forum curator.

C-Crete Technologies Pours World's First Basalt-Based Concrete, A Zero-Emission Product Free of Portland Cement

Retrieved on: 
Monday, April 8, 2024

SAN LEANDRO, Calif., April 8, 2024 /PRNewswire/ -- C-Crete Technologies, a pioneer in the development of cement-free concretes devoid of CO2 emissions, announces its deployment of the world's first basalt-based concrete, another significant move forward in the company's development of eco-conscious construction materials.

Key Points: 
  • Basalt is primarily composed of silicon, aluminium and calcium, three of the Earth's most abundant elements.
  • In terms of volume, it is more abundant than the limestone used for manufacturing Portland cement.
  • "This pour was that research and development step that proves an idea works, with validation from a real-world placement."
  • Because cement companies are going to want to adopt this technology, just like the steel industry converted from [coal] blast furnaces to electric arc furnaces."

Oil bosses call phasing out fossil fuels a ‘fantasy’ – but an international agreement is plausible

Retrieved on: 
Tuesday, April 9, 2024

Such a phase-out requires international cooperation to restrict the supply of fossil fuels, including coal, oil and gas.

Key Points: 
  • Such a phase-out requires international cooperation to restrict the supply of fossil fuels, including coal, oil and gas.
  • If such cooperative efforts are pursued alongside ambitious action to tackle the demand for fossil fuels, it could lead to environmental and economic benefits.
  • Some countries are already taking unilateral action to restrict fossil fuels, by, for instance, banning new oil and gas exploration or extraction.
  • While no international agreement on limiting the supply of fossil fuels yet exists, there are precursors which have tended to take two different forms.

Who’s in? Who’s out?

  • They would be followed by countries that have low reserves and low profits from fossil fuels, such as Argentina, Brazil, India, Japan, Korea, Mexico and Turkey.
  • Our data suggests that petrostates such as Russia and Saudi Arabia would be the most reluctant to join because fossil fuel production is so central to their economies.
  • We acknowledge that our scenarios for international efforts to phase out fossil fuels are not necessarily aligned with geopolitical realities.
  • For one, there is the shaky relationship between key countries such as the US and China to consider.
  • A club of like-minded countries could pave the way for a wider coalition, but major fossil fuel producers would need to join eventually for it to succeed.

Economic consequences

  • Fossil fuel prices will inevitably rise as their supply is squeezed by a phase-out.
  • Only phasing out oil may result in higher economic costs, due to its ubiquity in global supply chains and production processes.
  • International cooperation will be crucial, especially to lessen the economic impact on developing countries that are heavily dependent on imported fossil fuels.
  • Lauri Peterson received funding from the European Union's Horizon 2020 Research and Innovation Programme under grant agreement no.
  • Panagiotis Fragkos received funding from the European Union's Horizon 2020 Research and Innovation Programme under grant agreement no.

Algoma Steel Provides Fiscal Fourth Quarter 2024 Guidance

Retrieved on: 
Monday, March 25, 2024

MARIE, Ontario, March 25, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal fourth quarter ending March 31, 2024.

Key Points: 
  • MARIE, Ontario, March 25, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal fourth quarter ending March 31, 2024.
  • Fiscal 2024 fourth quarter total steel shipments are expected to be in the range of 445,000 to 460,000 tons and Adjusted EBITDA is expected to be in the range of $30 million to $40 million.
  • As previously announced, during the quarter Algoma experienced an unplanned outage at its blast furnace in connection with a utility corridor collapse at its coke-making facility.
  • It is expected that the resultant outage reduced production by 120,000 to 150,000 net tons, significantly impacting Adjusted EBITDA performance in the quarter.

Hallador Energy Company Announces the Appointment of Marjorie Hargrave as Chief Financial Officer 

Retrieved on: 
Monday, March 25, 2024

Terre Haute, Ind., March 25, 2024 (GLOBE NEWSWIRE) -- Hallador Energy Company (NASDAQ: HNRG)  today announced the appointment of Marjorie Hargrave as Chief Financial Officer, effective April 10, 2024.

Key Points: 
  • Terre Haute, Ind., March 25, 2024 (GLOBE NEWSWIRE) -- Hallador Energy Company (NASDAQ: HNRG)  today announced the appointment of Marjorie Hargrave as Chief Financial Officer, effective April 10, 2024.
  • Mr. Martin will remain with the company for several months to help facilitate the transition and will also assist with special projects.
  • Hargrave is an accomplished financial executive with experience across a variety of industries, including the power sector.
  • She has served in senior finance positions at Xcel Energy and Black Hills Corporation and as Chief Financial Officer at High Sierra Energy, CTAP, and Enservco Corporation.

Global LNG market could split if an EU carbon tax is imposed on imports

Retrieved on: 
Thursday, March 21, 2024

21 March 2024 – The global liquefied natural gas (LNG) market could be transformed and potentially bifurcate if the European Union (EU) extends its carbon taxes to include LNG imports, according to the Wood Mackenzie’s latest Horizons report.

Key Points: 
  • 21 March 2024 – The global liquefied natural gas (LNG) market could be transformed and potentially bifurcate if the European Union (EU) extends its carbon taxes to include LNG imports, according to the Wood Mackenzie’s latest Horizons report.
  • The EU has extended its Emission Trading Scheme (ETS) to shipping, meaning that LNG cargoes into Europe will be subject to a carbon tax from 2024.
  • The report, titled Call of duties: How emission taxes on imports could transform the global LNG market’ concludes that if the trading bloc goes further and tightens it methane regulation or includes LNG in its Carbon Border Adjustment Mechanism (CBAM) – effectively placing an import duty on LNG at prevailing ETS carbon prices – then Wood Mackenzie predicts that the global LNG market would split.
  • “If the EU decides to apply these levies, then this will push European gas prices up but also bifurcate the global LNG market, creating a two-tier LNG market,” says Massimo Di Odoardo, Vice President of Gas & LNG Research at Wood Mackenzie.

FuelCell Energy Innovators to Highlight Advanced Clean Technologies at CERAWeek 2024

Retrieved on: 
Tuesday, March 19, 2024

Both leaders are members of FuelCell Energy’s InsightFUEL bench of clean energy experts available for interviews with the media.

Key Points: 
  • Both leaders are members of FuelCell Energy’s InsightFUEL bench of clean energy experts available for interviews with the media.
  • Tony Leo joined FuelCell Energy in 1978 and has held key leadership roles in research, development, and commercialization of electrochemical systems during his tenure.
  • The Connecticut Power and Energy Society honored him with its 2023 Excellence in Energy Award.
  • Brent Voelker is Director of Solutions Engineering at FuelCell Energy, responsible for the development of site-level solutions on projects in renewable hydrogen production, long-term energy storage, electric power from renewable hydrogen, and carbon capture.

GRAFTECH INTERNATIONAL LTD. (NYSE: EAF) DEADLINE ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against GrafTech International Ltd.

Retrieved on: 
Monday, March 18, 2024

If you purchased or acquired GrafTech common stock, and/or would like to discuss your legal rights and options please visit GrafTech International Ltd.

Key Points: 
  • If you purchased or acquired GrafTech common stock, and/or would like to discuss your legal rights and options please visit GrafTech International Ltd.
  • If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2024.
  • 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.

Manitex International Announces First Deliveries of New Articulated Truck Mounted Crane From PM Group

Retrieved on: 
Thursday, April 4, 2024

Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced the first deliveries of the recently launched PM 70.5 SP articulated truck mounted crane.

Key Points: 
  • Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced the first deliveries of the recently launched PM 70.5 SP articulated truck mounted crane.
  • The new 70.5 SP articulated crane is the latest enhancement to PM Group’s 65 series of articulated cranes with applications for the global market.
  • The 70.5 SP is multi-industry capable, serving heavy industrial, infrastructure, concrete and general construction.
  • The new offering from PM Group is initially being sold in Europe and will be available in North America next year.