Workflow
Alloy Production
icon
Search documents
AFARAK GROUP SE: DISTRIBUTION OF ASSETS FROM THE RESERVE FOR INVESTED UNRESTRICTED EQUITY
Globenewswire· 2025-12-24 09:00
Core Points - The Board of Directors of Afarak Group SE has approved a capital redemption of EUR 0.005 per share based on the authorization from the Annual General Meeting held on 3 June 2025 [1] - The capital redemption will be distributed to shareholders registered in the Company's shareholders' register on the record date of 13 February 2026, with payments made on 20 February 2026 [2] - Afarak Group is a specialist alloy producer focused on sustainable growth, operating in southern Europe and South Africa, and is listed on NASDAQ Helsinki and the London Stock Exchange [3]
AFARAK GROUP SE´S 2026 FINANCIAL REPORTING CALENDAR
Globenewswire· 2025-12-19 12:00
12:00 London, 14:00 Helsinki, 19 December 2025 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP SE´S 2026 FINANCIAL REPORTING CALENDAR Stock Exchange Release Afarak Group SE ("Afarak" or the "Company") will publish its financial results as follows: - Full Year 2025 Results on Friday 27 February 2026 - Annual Report 2025 during the week commencing 23 March 2026 - Report for six months ending 30 June on Friday 14 August 2026 The Company's Annual General Meeting is schedule ...
ANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCAR
Globenewswire· 2025-11-06 10:15
Group 1 - The Financial Supervisory Authority (FIN-FSA) has released information regarding Dr. Danko Koncar, which is not directly related to the company but requires Afarak to inform its shareholders [1] - Afarak Group SE is a specialist alloy producer focused on sustainable growth, with operations in southern Europe and South Africa [2] - The company is listed on both NASDAQ Helsinki and the London Stock Exchange [2] Group 2 - Additional information can be obtained from the company's CEO, Guy Konsbruck, through provided contact details [2] - Financial reports and investor information are accessible on the company's official website [2] - The distribution of the release includes NASDAQ Helsinki, London Stock Exchange, and major media outlets [3]
AFARAK GROUP INVESTS IN PRODUCTION OF METALLURGICAL GRADE CHROME ORE CONCENTRATE
Globenewswire· 2025-10-24 07:00
Core Insights - Afarak Group SE is investing in the production of metallurgical grade chrome ore concentrate, with the first concentrate expected by the end of October 2025 [1][4]. Group 1: Production and Capacity - The chrome ore processing plant at Vlakpoort Mine has a capacity of 10,000 tons of concentrate per month, producing a metallurgical grade 40% chrome concentrate [1]. - The plant will initially operate for 12 hours per day and is powered by green energy, utilizing a photovoltaic solar plant and batteries for independent washing activities [2]. Group 2: Resource and Location - The Vlakpoort Mine is located in the Northern part of the western limb of the Bushveld complex in South Africa, with a proven resource of 6.656 million tons of chrome and 330,314 ounces of PGM [3]. Group 3: Strategic Vision - The CEO of Afarak Group emphasized the company's commitment to improving its value chain and increasing chrome ore concentrate production, with future plans to add a PGM recovery plant to the washing facility [4].
NioCorp and IBC Advanced Alloys Successfully Cast Aluminum-Scandium Alloy for Potential Expansion into Al-Sc Alloy Parts
Accessnewswire· 2025-10-22 20:01
Core Insights - NioCorp and IBC Advanced Alloys have successfully produced a 0.2% aluminum-scandium alloy, confirming readiness for custom part fabrication and advancing scandium applications [1][2][3] Company Updates - The successful casting of the aluminum-scandium alloy is a significant step towards potential downstream alloy manufacturing and custom-part readiness for both NioCorp and IBC [2][4] - NioCorp aims to develop a reliable domestic scandium supply chain for defense and commercial markets, with the ability to produce functional parts from the alloy [3][5] - IBC has extensive experience in producing custom components from various alloys, which supports the new commercial applications for scandium-containing materials [4][9] Industry Context - Global consumption of scandium oxide is estimated at 30 to 40 tonnes per year, primarily sourced as a by-product from other mining operations, with no commercial-scale production in the U.S. [4] - The limited global use of scandium is attributed to a lack of reliable supply, with most supply coming from China, which has restricted exports for dual-use applications [4] - There is growing interest in scandium from sectors such as aerospace, automotive, and defense, which seek lighter and stronger components [4][8] Future Plans - NioCorp plans to produce approximately 100 tonnes per year of scandium oxide at its Elk Creek Critical Minerals Project, alongside niobium and titanium products [5][8] - The company is also evaluating the potential to produce several rare earths from the Elk Creek Project, addressing U.S. reliance on foreign producers [5][8]
AFARAK GROUP SE: REDUCTION OF SHARE CAPITAL REGISTERED IN THE FINNISH TRADE REGISTER
Globenewswire· 2025-05-28 14:46
Group 1 - The resolution to reduce the share capital of Afarak Group SE by EUR 22,642,049.60 has been registered in the Finnish Trade Register [1][2] - Following the reduction, the company's share capital now amounts to EUR 1,000,000, with no effect on the number of shares [2] - The reduced amount has been transferred to the reserve for invested unrestricted equity as per the resolution [2] Group 2 - Afarak Group is a specialist alloy producer focused on sustainable growth, operating a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa [3] - The company is listed on NASDAQ Helsinki and the Main Market of the London Stock Exchange [3]