Cliffs Natural Resources Inc., Cleveland, Ohio, announces that it will invest $700 million for the development of its first hot briquetted iron (HBI) production plant, to be located at a site in Toledo, Ohio.
Oerlikon, Switzerland, has signed a Memorandum of Understanding with GE Additive, Pittsburgh, to collaborate on accelerating the industrialization of additive manufacturing.
Airbus subsidiary Satair Group, Atlanta, and Metamaterial Technologies Inc. and its optical filters division Lamda Guard of Halifax, Nova Scotia, have signed a Memorandum of Understanding that will lead to an exclusive multi-million dollar global distribution agreement to bring MTI's laser protection product MetaAir to the civil aviation market.
JSW Steel (USA) Baytown, Texas, has received preliminary Board approval, contingent upon securing governmental financial support, to proceed with a full-scale modernization project expected to take approximately 20 months to complete.