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Constellium to Showcase Advanced Aluminum Solutions from Collaborative Research Project “CirConAl” at Cenex 2025
GlobeNewswire News Room· 2025-09-03 07:00
Group 1: Company Participation and Initiatives - Constellium SE is participating in Cenex 2025, the UK's leading event for low carbon and connected vehicle technologies, on September 3-4 [1] - The company is showcasing innovative aluminum solutions developed through the CirConAl project, a £10 million initiative supported by the Advanced Propulsion Centre UK and the UK Government [2] Group 2: Product Innovations and Sustainability - Constellium's display includes aluminum solutions with less than two metric tons of embodied CO2 emissions per metric ton of aluminum, meeting high-performance standards for automakers [3] - The project focuses on developing low-carbon, cost-efficient aluminum extrusion alloys using post-consumer scrap, enhancing sustainable automotive manufacturing [5] - By transforming post-consumer aluminum scrap into high-performance components, Constellium contributes to a circular economy for aluminum and a cleaner future for mobility [6] Group 3: Company Overview - Constellium is a global leader in developing innovative, value-added aluminum products for various markets, including aerospace, packaging, and automotive, generating $7.3 billion in revenue in 2024 [7]
ESGL Holdings Limited Files Patent for Transformative Hydrofluoric Waste Recycling Innovation
Globenewswire· 2025-09-02 12:30
SINGAPORE, Sept. 02, 2025 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ: ESGL), a leading carbon neutral, innovative enviro-tech company regenerating industrial waste into circular products, through its subsidiary Environmental Solutions Asia Pte Ltd (“ESA”), has filed a patent application (reference number 10202502493R) with the Intellectual Property Office of Singapore (IPOS) for its groundbreaking technology to convert hydrofluoric acid (HF) wastes into Metallurgical-Grade Fluorspar. This innovative ...
AllSurplus to Sell Unused 26.28 MW Total Capacity DRUPS System
Globenewswire· 2025-09-02 12:17
Core Insights - Liquidity Services is offering two high-capacity (13.14 MW each) DRUPS systems from a large data storage manufacturer in California, available for immediate purchase [1][2] - The sale targets new data centers, semiconductor, pharmaceutical, and critical infrastructure operators, providing a premium backup power solution without long lead times [2] - The systems include complete switchgear, transformer distribution systems, sound suppression enclosures, and meet BAAQMD Tier 4 environmental control standards [2] Company Overview - AllSurplus is the leading online marketplace for surplus business assets, enabling sellers to manage listings efficiently with lower fees compared to traditional auction methods [4] - Liquidity Services, the parent company of AllSurplus, has a strong reputation in the surplus industry, having supported millions of customers globally [4]
Taaleri (0RF6) 2025 Capital Markets Day Transcript
2025-09-02 11:02
Summary of Taaleri's Capital Markets Day - September 02, 2025 Company Overview - **Company Name**: Taaleri - **Established**: February 2007 - **Assets Under Management**: €2.7 billion - **Guarantee Insurance Portfolio**: €1.7 billion - **Employees**: Approximately 130 - **Revenue (LTM)**: €63.1 million - **Sustainability Focus**: 88% of products have sustainability objectives or promote sustainability characteristics [6][7][10] Strategic Objectives (2026-2028) - **Identity**: Taaleri positions itself as a front runner in investment and asset management, focusing on transformational opportunities in private capital [5][12] - **Purpose**: Leverage expertise and capital to power long-term returns for customers [5] - **Growth Areas**: - **Carantea**: Targeting over 10% growth in insurance service results, expanding distribution channels, and investigating growth opportunities in neighboring markets [22][24] - **Private Asset Management**: Plans to grow fund sizes within existing strategies and launch new product groups [26] - **Development Capital**: Aiming for returns on equity that exceed group-level targets [31] Market Trends - **Private Capital Market Growth**: Expected to grow at double-digit rates, with real estate growth forecasted to increase from 5% to 9%, infrastructure declining from 16% to 10%, and private equity remaining stable at 12% [18][19] - **Finnish Housing Market**: The housing market peaked in 2021 with €22.5 billion in new loans, but saw a decline of over 40% in the following year. However, a recovery is noted with a 18% increase in home transactions in the first half of 2025 [46][47] Business Segments - **Carantea**: Specializes in credit risk insurance, primarily for residential mortgages and corporate loans. The company has underwritten over 100,000 guarantees since 2005 [42][45] - **Insurance Revenue**: Maintained at €18.7 million despite market downturns, with a combined ratio of 34% indicating stable profitability [54][62] - **Investment Portfolio**: €158 million, with 75% in fixed income investments, reflecting a conservative risk approach [56] Key Priorities for Garantia 1. **Increase Market Share**: Focus on residential mortgage guarantees as a primary collateral option in Finland [59] 2. **Expand Distribution**: Building partnerships with new lenders and exploring opportunities in the Baltic States and Nordics [60] 3. **Capital Optimization**: Ensure optimal use of capital to maintain solvency and provide stable dividends [60] Financial Performance - **Insurance Revenue**: €19.5 million for the last twelve months, with operating profit at €18.2 million [62] - **Dividend Payments**: Taaleri has paid €93 million in dividends to its parent company since acquiring Garantia in 2015 [63] Additional Insights - **Regulatory Impact**: Changes in financial sector regulations may favor guarantees over physical collateral, providing a potential tailwind for growth [50][52] - **Consumer Confidence**: Remains below long-term averages, affecting housing market recovery and demand for guarantees [48] Conclusion Taaleri is strategically positioned to capitalize on growth opportunities in the private capital market and the housing sector, with a strong focus on sustainability and expertise in investment management. The company aims to enhance its market presence through strategic growth initiatives and partnerships while maintaining a conservative risk profile in its operations.
Ohmyhome (OMH) - 2025 H1 - Earnings Call Transcript
2025-09-02 02:30
Financial Data and Key Metrics Changes - For the first half of 2025, the company reported an EBITDA of $19.1 million, a significant decrease from $46.6 million in the same period of 2024, reflecting industry-wide margin compression due to falling ferrosilicon prices [6][10] - The company recorded a loss per share of $0.0125 for the first half of 2025, indicating a challenging financial environment [6] Business Line Data and Key Metrics Changes - Revenue growth was modest, driven by higher manganese ore volumes, but was offset by lower alloy volumes and weaker prices, particularly for ferrosilicon [5][10] - Manganese alloys and silicon alloys are critical for steel production, with the Sarawak plant producing these alloys as additives to strengthen steel [4] Market Data and Key Metrics Changes - Ferrosilicon prices have decreased by approximately 10.4% year-on-year compared to the first half of 2024, driven by weaker downstream demand and increased competition from Russian-origin materials [7][8] - Silicon manganese prices have remained stable, supported by stable manganese ore prices, with expectations for firm prices throughout the rest of 2025 and into early 2026 [8] Company Strategy and Development Direction - The company focuses on sustainability initiatives, including repurposing by-products to support a circular economy and maintaining ISO certifications for operational standards [12] - The company aims to leverage its competitive edge through access to affordable renewable energy and a strong customer base, positioning itself as a beneficiary in the transition to renewables [13][14] Management's Comments on Operating Environment and Future Outlook - Management anticipates stabilization of ferrosilicon prices in the near term, as current prices are viewed as unsustainably low [8] - The company is actively monitoring the implementation of a carbon tax in Malaysia, which may impact production costs in the ferroalloy sector [16][17] Other Important Information - The Bootu Creek manganese mine in Australia remains under care and maintenance, with ongoing rehabilitation efforts [9] - The company has successfully refinanced its project finance loans and reduced total debt, aligning with its strategy to lower the debt profile [11] Q&A Session Summary Question: Will the carbon tax in Malaysia impact the ferroalloy sector? - Management indicated that the carbon tax will be introduced by 2026, and OM Sarawak will likely be included under the carbon levy, awaiting further details from authorities [16][17] Question: What are the tariffs on ferrosilicon and manganese alloys exports to the U.S.? - The U.S. does not apply reciprocal tariffs on manganese alloys, while ferrosilicon is subject to a 19% tariff from Malaysia. OM Holdings has a competitive advantage over Brazil and India due to lower tariffs [18] Question: Has OMH implemented any hedging policy on ferroalloy prices? - Currently, the company does not have any hedging policies on ferroalloy prices, as there are no relevant international futures markets [19] Question: How much does the manganese supply from Shippee and Braia contribute? - Shippee's manganese ore supply is primarily exported to China, with an annual traded volume of approximately 420,000 to 460,000 tons. Braia is still under exploration with no current production [20][22]
EZVIZ joins forces with Plastic Bank, turning the tide on plastic waste through sustainable innovation and community empowerment
Globenewswire· 2025-09-01 03:30
HOOFDDORP, The Netherlands, Aug. 31, 2025 (GLOBE NEWSWIRE) -- This September, EZVIZ is expanding the scope of its Green Initiative with the announcement of a new global partnership with Plastic Bank, an international social fintech dedicated to reducing plastic waste and uplifting collectors. Building on the momentum of its World Environment Day commitments in June, EZVIZ carries forward its mission with its “Together for Change, Bottle by Bottle” campaign, connecting long-term environmental ambitions with ...
Rock Tech Lithium Announces Offering of up to $7.5 Million
Prnewswire· 2025-08-29 22:03
Core Viewpoint - Rock Tech Lithium Inc. has announced the receipt of irrevocable subscription agreements for a total of $4.8 million through a private placement offering of units priced at $0.90 per unit, which includes both brokered and non-brokered offerings [1][3][6]. Group 1: Offering Details - The offering consists of units that include one common share and one common share purchase warrant, with the warrant exercisable at $1.17 for three years [3][6]. - The Brokered Offering is managed by Maxim Group LLC as the sole placement agent [2]. - The expected closing date for the offerings is around September 3, 2025, and may occur in multiple tranches [4][8]. Group 2: Additional Offerings - The company plans to offer up to 2,975,111 additional units for gross proceeds of up to $2.678 million on a non-brokered basis, targeting select Canadian and offshore institutional investors [5][6]. - The total offering may be increased by an additional $2.5 million based on investor demand, potentially raising total gross proceeds to $10 million [6]. Group 3: Use of Proceeds - The net proceeds from the offerings are intended to fund the advancement of the Guben Converter project and for general corporate and working capital purposes [6]. Group 4: Company Overview - Rock Tech Lithium aims to enhance the battery supply chain in Europe and North America by producing high-quality lithium, supporting a sustainable and transparent value chain [10][11]. - The company operates lithium hydroxide converter projects in Guben, Germany, and Ontario, Canada, with a focus on responsible sourcing and circular economy principles [11][12].
[VIDEO ENHANCED] Ecolomondo Releases its Interim Consolidated Financial Statements for the Second Quarter of 2025
Thenewswire· 2025-08-29 13:00
Core Viewpoint - Ecolomondo Corporation has made significant advancements in its sustainable scrap tire recycling technology, particularly in the commercialization of its recovered Carbon Black (rCB) production, which is crucial for revenue generation [2][3][11]. Financial Performance - For the three-month period ended June 30, 2025, Ecolomondo reported revenues of $395,149, marking a 212% increase compared to the same period in 2024, primarily driven by sales of end-products and tipping fees [11]. - The company recorded a loss from operations of $1,042,497 for the quarter, compared to a loss of $443,418 in the same period of 2024 [11]. - A gain of $2,495,209 was recognized due to the modification of long-term debt agreements with Export Development Canada (EDC) [4][11]. Operational Developments - The company successfully installed and commissioned new milling equipment at the Hawkesbury plant, which is essential for ramping up rCB production [2]. - In July 2025, the main off-take client approved the quality of rCB produced, leading to five consecutive purchase orders for truckloads of 23-24 metric tons of rCB [3]. Strategic Initiatives - Ecolomondo is pursuing global expansion by engaging in discussions with strategic partners and planning to build additional TDP turnkey facilities [6]. - A definitive agreement was reached with ARESOL to construct four TDP facilities in the European Union, with the first facility planned for Valencia, Spain [6]. Capital and Funding - The company raised $1.5 million through two private placements during the second quarter of 2025 [4]. - Ecolomondo has secured temporary postponements on principal and interest payments for three loan agreements with EDC, enhancing its working capital position [4]. Environmental Impact - The TDP process employed by Ecolomondo is expected to reduce greenhouse gas emissions by 90% compared to the production of virgin carbon black, with significant CO2 reductions projected from both the Hawkesbury and Shamrock facilities [22]. Future Outlook - Ecolomondo aims to be a leading player in the cleantech sector and contribute to the global circular economy by producing and supplying recovered resources [13][16].
Lassila & Tikanoja announces approval by the required majority of noteholders in the written procedure for its EUR 75 million sustainability-linked notes
Globenewswire· 2025-08-29 07:35
Core Viewpoint - Lassila & Tikanoja has successfully obtained the required majority approval from noteholders for its EUR 75 million sustainability-linked notes, facilitating a partial demerger of its Circular Economy business area into a new independent company [2][6]. Group 1: Proposal and Approval - The written procedure for the EUR 75 million sustainability-linked notes, which have a fixed annual interest rate of 3.375%, was initiated to solicit consents for amendments related to the demerger [2]. - The Proposal received unanimous support, with 100% of the votes in favor, representing 99% of the outstanding notes [2]. Group 2: Financial Terms and Conditions - A consent fee of 0.20% will be paid to each noteholder who voted in favor or abstained, calculated on the principal amount held [3]. - An additional early bird consent fee of 0.10% will be awarded to those who voted in favor by a specified deadline [3]. - The completion of the demerger is expected to be registered by 31 December 2025, with the consent fees to be paid shortly thereafter [3]. Group 3: Implications of the Demerger - Following the demerger, all obligations and liabilities related to the notes will be transferred to the new Receiving Company, which will become the new issuer of the notes [4]. - Adjustments to the sustainability-linked bond framework will be implemented as a result of the demerger [4]. Group 4: Company Overview - Lassila & Tikanoja is focused on implementing circular economy practices, aiming to enhance the use of raw materials and energy while creating value for customers and shareholders [7]. - The company operates in Finland and Sweden, employing approximately 7,400 people, with net sales of EUR 770.7 million in 2024 [7].
Sibanye Stillwater (SBSW) - 2025 H1 - Earnings Call Transcript
2025-08-28 13:02
Financial Data and Key Metrics Changes - Group adjusted EBITDA increased by 120% compared to the same period in 2024, reaching ZAR 10 billion, and even excluding the 45X credits, it was still 51% higher [6][7] - Net debt to adjusted EBITDA improved to 0.89 times, significantly below the market's earlier projections [7] - The total fair value of the 45X credits is projected to increase to ZAR 12.6 billion by 2034, representing 32% of the acquisition value of the Stillwater operations [8] Business Line Data and Key Metrics Changes - South African PGM operations produced 840,400 ounces, a 4% decrease year-on-year, with underground operations consistent at 750,000 ounces [60] - South African gold operations saw a 36% increase in average gold price received, reaching slightly more than ZAR 1.8 million per kilogram, while adjusted EBITDA increased by 118% to ZAR 4.8 billion [66] - Montana PGM operations produced 141,000 ounces at an all-in sustaining cost of $1,207 per ounce, reflecting a 41% decrease in costs compared to pre-restructuring [75] Market Data and Key Metrics Changes - Gold prices increased by 26% in the first half of the year, with average trading volumes reaching $329 billion per day, the highest for any half-year period on record [49] - PGM prices have rallied due to tight supply, with platinum prices outperforming due to lower mine supplies [50] - Lithium market remains oversupplied, with average prices around $9,000 per ton, but recent price movements have seen a rise to over $11,000 per ton due to Chinese government actions [57][58] Company Strategy and Development Direction - The company is focused on commodity diversification, particularly in gold and lithium, to stabilize earnings during volatile market cycles [26] - A multipolarity strategy is being implemented to enhance local supply of critical minerals, with significant investments in lithium projects in Europe [26][29] - Sustainability remains a core aspect of the company's strategy, with recent acquisitions aimed at expanding recycling capabilities [31][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to thrive in a turbulent industry, highlighting a strong earnings trend and decreasing leverage [25][11] - The outlook for the second half of the year is positive, with expectations of improved results driven by higher commodity prices [74] - Management acknowledged challenges in certain operations but emphasized ongoing assessments to optimize production and maintain safety [71][72] Other Important Information - The company reported three fatalities during the reporting period, emphasizing safety as the top priority and ongoing efforts to improve safety metrics [5][23] - A strategic project status was granted for both the Calibre and Galicam projects under the EU Critical Raw Materials Act, providing access to grants and tax credits [29] Q&A Session Summary Question: What is the outlook for dividend payments? - The company has decided not to pay dividends at the interim stage but will review this at year-end, with confidence in returning to dividend-paying territory if commodity prices remain stable [42][43] Question: How is the company addressing the challenges in the gold operations? - Management is actively reviewing the Cliff operations to optimize long-term sustainability and has revised production guidance for managed operations [72][74] Question: What are the expectations for the lithium market? - The company remains bullish on the long-term demand for lithium, forecasting a healthy CAGR for battery electric vehicle production over the next decade [58]