Outotec iron ore pelletizing technology for B-MISCO
Outotec has won an order from Bafgh Mineral Complex Iron and Steel Industry Company (B-MISCO) for the design and delivery of technology and services for a new iron ore pelletizing plant in Bafgh, Yazd Province, Iran.
NLMK Group’s Quard steel for Russian mining sector
Russian steel manufacturer NLMK Group has begun the supply of plates rolled from low-alloyed abrasion-resistant Quard© steel to Russian mining companies including the Urals Mining and Metallurgical Company.
Quard plates are supplied to companies that mine ore including iron, polymetallic and copper; and coal that produce varying degrees of wear-and-tear on equipment.
Bentec wins 3 major contracts
German manufacturer of drilling rigs and oilfield equipment, Bentec, announced three major multi-million dollar contract wins.
New CEO for Severstal Management
PAO Severstal announced Vadim Larin, previously COO of Severstal Management, as CEO of Severstal Management in line with company’s plans announced earlier on 27 April 2015.
2nd storage contract for Sellafield’s nuclear waste
Sellafield, the company responsible for delivering decommissioning of the UK’s nuclear legacy announced that Darchem Engineering has been awarded a contract potentially valued at up to GBP 50M, for the provision of high-integrity steel storage containers for nuclear waste.
PEDEVCO Corp. d/b/a Pacific Energy Development entered into an agreement and plan of reorganisation (merger agreement) with Dome Energy to acquire all the US oil and gas assets of Dome.
This transformational business combination with Dome Energy is expected to pay off existing senior debt of the company and lower cost of capital with a 3.75% bank credit facility.