Aluminium
Ukraine Unveils "Dragon Drones" with Incendiary Capabilities Against Russian Positions
Since early September, the Ukrainian Ministry of Defense and various bloggers have shared footage on social media of a new type of drone, known as the "dragon drone," in action. These drones have been shown releasing a thermite mixture—a combination of aluminum powder and iron oxide—over Russian positions hidden in forests.
China discovers never-before-seen ore containing a highly valuable rare earth element
This light-gray metal is currently used mostly in the production of steel
Machine recycles scrap aluminium directly into vehicle parts
A machine that moulds scrap aluminium into automotive parts could help speed up the production of electric vehicles
Mytilineos becomes EU’s largest bauxite producer
Imerys Bauxites' operations will merge with Mytilineos' wholly-owned subsidiary, Delphi Distomon, as part of the Metallurgy Sector's ongoing vertical integration. This move establishes the largest bauxite producer in Europe, significantly increasing the production capacity to 1.2 million tons annually - a European record and one of the largest globally.
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Army disarms WWII bomb found in southern Athens
An army bomb disposal unit on Thursday neutralized a World War II 500lb bomb that was found in the southern Athenian suburb of Glyfada.
The army unit used thermite, a pyrotechnic composition of metal powder and metal oxide used, among others, to disable munitions without the use of explosive charges.
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Attention shifts to rare earths
The government sees opportunities to exploit domestic deposits of rare earths and critical raw materials after restrictions announced by China on exports of gallium and germanium, which are essential raw materials for the manufacture of semiconductors.
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EU looks to Greece for niche metals
Greece could be Europe's answer to China's decision to restrict exports of gallium and germanium, rare earth elements used in the manufacture of semiconductors, photovoltaics and optical fibers.
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Mytilineos calls for EU energy price ceiling
European Union authorities should place a ceiling on energy prices for energy-consuming industries each time prices skyrocket and cover the cost from EU funds or member-states, Εvangelos Mytilineos, president of Eurometaux and CEO/chairman of Mytilineos Energy & Metals, said in an interview with Politico.
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China Gains from Russia-Ukraine War - Increases Aluminium Exports to Europe
Known for shrewd diplomatic moves, China is exploiting the Russia-Ukraine situation and increasing its aluminium exports which outstrips its imports manifold and these new dynamics have spurred criticism by both the United States and Europe.
Unior to launch new production line with SID bank loan
Zreče – Unior, a Zreče-based group specialising in forged steel and tools, has signed a contract with the SID development and export bank on a EUR 5.7 million loan for the financing of a new line of aluminium products. The 12-year loan involves a six-year moratorium on principal repayment.