Company News

Lincoln Minerals has been awarded a PACE grant by the South Australian Government for proposed diamond core drilling on the company’s 100% owned Eurilla Project EL 3690 on the northeastern Eyre Peninsula.

The B2B trade portal Worldwide Industrial now offers supply solutions for companies in the market for cabling and wiring solutions.

On 29 September 2009 Sumitomo Metal Micro Devices Inc. (SMMD), a subsidiary of Sumitomo Metal Industries Ltd, and Hokuriku Electric Industry Co. Ltd agreed to make a capital and business alliance for the electronic module business and to establish a new company (80% owned by Hokuriku Electric and 20% by Sumitomo Metals).

Lanco Solar will set up a polysilicon and solar wafer manufacturing base in Ramdaspur village near Cuttack district of Orissa in a notified SEZ.

The manufacture of BUTTING’s longitudinally welded stainless steel pipes has formed the basis of the company’s product line.

Commemorating Lincoln Electric’s 115th year in business, the company has released its 115 Year Limited Edition Viking™ helmet.

State owned firms NHPC and SJVN have signed a memorandum of understanding with the Manipur government for the establishment of a joint venture company to execute the 1500MW Tipaimukh Dam Project.

GulfStar Group has announced that Allied Fitting LP has acquired Warren Alloy Inc. GulfStar served as exclusive financial advisor to Warren throughout the transaction.

Mechel OAO, a Russian-based mining and metals company, has announced the acquisition of the Laminorul Braila metallurgical plant located in Romania.