Business News
Overview: Business News
Sail to install India's largest blast furnace
12.12.2025
Steel Authority of India Limited (SAIL) has awarded the contract for the new, greenfield blast furnace No. 6 at their IISCO Steel Plant in Burnpur to Danieli Corus. IISCO blast furnace No. 6 will be the largest on the Indian subcontinent.
SMS commissions Germany’s largest air-to-water heat pump
10.12.2025
SMS has commissioned Germany’s largest air-to-water heat pump at its Hilchenbach site. With the all-electric power-to-heat system, the metallurgical plant manufacturer makes savings of 6,000 tonnes of CO₂ per year. The company has thus completely dispensed with the fossil fuels previously used.
Novelis boosts energy efficiency in aluminium recycling
09.12.2025
Aluminium company Novelis and engineering company Fives have successfully modernised three aluminium smelting furnaces at the Novelis site in Voerde. Energy-efficient burners have reduced the carbon footprint by more than 40% and significantly lowered gas consumption.
Precious metal recycling in continuous electro-galvanizing
08.12.2025
Rethinking materials cycles: Salzgitter and Umicore cooperating in the recycling of a rare precious metal.
Rare earths: Our options for countering geostrategic dependencies
04.12.2025
For many modern technologies, rare earths are indispensable. To maintain our independence from regions that hold a monopoly over these resources, we need to invest in suitable research infrastructures, says Jens Gutzmer, mineralogist and founding director of the Helmholtz Institute Freiberg for Resource Technology.
Aurubis secures copper raw material from Sweden
02.12.2025
Aurubis AG, a leading global supplier of non-ferrous metals, and the Swedish mining company Viscaria agreed to enter into a memorandum of understanding for a long-term copper concentrate supply contract.
Climate-friendly metals from deep-sea ores
01.12.2025
If manganese nodules can be mined in an environmentally friendly way, the critical metals needed for the energy transition could be produced with low CO2 emissions.
Tata Steel Nederland to acquire Vattenfall power plants in IJmond region
28.11.2025
Tata Steel Nederland (TSN) will acquire the Vattenfall power plants in the IJmond region. As part of the transaction, all employees of the Vattenfall power plants in the IJmond region will become employees of TSN.
Breakthrough in aluminium production with the inert anode technology
26.11.2025
Elysis announces the successful start-up of its 450 kiloampere (kA) designed inert anode cell at the end of an existing potline at the Rio Tinto smelter in Alma, Québec, a defining moment in the transition toward large-scale, low-carbon aluminium production.
BHP and Posco partner to advance hydrogen-based ironmaking technology
25.11.2025
Mining company BHP and Posco will work together to progress ‘near zero emissions’ ironmaking technology under an MoU, advancing Posco’s hydrogen reduction ironmaking technology (Hyrex).