Materials
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Mkango agrees to acquire HyProMag Germany’s remaining minority ownership stake. The £1.06m agreement requires approvals and formal transfer; the Pforzheim recycling and magnet-making line remains under commissioning.
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SSAB retains two Swedish electric steelmaking projects’ production target dates. Oxelösund is expected to start in the second quarter of 2027, while the larger Luleå mini-mill is scheduled for late 2029.
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Proxima Fusion and Fujikura assess German superconducting tape manufacturing plans. The companies will study feasibility for a prospective Lower Saxony supply operation; projected material volumes are not orders, and no Fujikura factory investment has been finalised.
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Industrial manufacturers face overlooked dependencies on essential critical mineral inputs. BCG finds that direct purchasing records can conceal vulnerabilities within components, manufacturing tools and overseas processing capacity, even where the exposed mineral accounts for little spending.
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Generation Steel has secured renewable electricity for proposed Australian steelmaking. Its binding agreement with BHP supports a planned scrap-fed electric arc furnace mill at Collie; no final investment decision has been made.
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Visy’s new Queensland factory has produced its first glass bottles. The A$500 million Yatala project is commissioning its first oxygen-fuelled furnace; annual output of one billion containers and average 70% recycled content remain design ambitions.
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European recyclers warn export barriers may undermine future processing investment. BIR research highlights risks for complex copper alloys, including brass, whose available markets and upgrading requirements differ from those for clean production scrap.
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Planning officers recommend approval for Worksop’s proposed plastics recycling facility. Envale UK seeks permission for integrated chemical recycling and energy recovery operations, with Nottinghamshire councillors due to consider the application on 3 November.
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Fulcrum has secured financing for its Canadian metals recovery pilot. The £1 million package comprises £488,699 in cash subscriptions and £511,301 of debt converted into shares, supporting equipment fit-out and commissioning at Mississauga.
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Sika has acquired Dubai membrane manufacturer Duproof for regional expansion. Its existing production site adds locally made bituminous waterproofing products and contractor relationships to Sika’s Middle Eastern supply network; no capacity increase or purchase price has been disclosed.
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