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KARRATHA, Australia--(BUSINESS WIRE)--Rio Tinto is today celebrating 60 years in Western Australia, marking the anniversary of the first shipment of iron ore from Dampier to Japan. The shipment departed on 22 August 1966 aboard the ship Houn Maru, following a landmark agreement with Japanese steel mills to buy 65.5 million tonnes of iron ore over 15 years. At the time, it was the largest export deal in Australia’s history, and gave the commercial certainty needed to develop the Pilbara. Six dec...

MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”) announced today that it will close its facility in Upper Sandusky, Ohio, and move manufacturing requirements to the Company’s remaining welded wire reinforcement production facilities, which have ample open capacity to accommodate additional volumes. The consolidation of the Company’s welded wire manufacturing operations is expected to result in the elimination of up to 65 positions at the Upper...

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) today announced that the U.S. Department of Energy (DOE) has established a framework for Cliffs to finalize negotiations and implementation plans for its Middletown Works investment, rescoping the previously awarded $500 million DOE grant. The optimization project represents a $1 billion total investment in Middletown Works, with funding shared equally between Cleveland-Cliffs and the DOE. The investment is expected to be...

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Aerospace, a global provider of component engineering, manufacturing and repair solutions for the aerospace industry, today announced the closing of its acquisition of Jet AirWerks LLC (“Jet AirWerks”), a provider of inspection, repair, overhaul and disassembly services for commercial aeroengine components located in Arkansas City, Kansas. The acquisition expands Barnes Aerospace's component repair and overhaul (CRO) business and strengthens its ability t...

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Propel, creator of the first product value management (PVM) platform to transform how manufacturers develop, launch, and service products, today released research confirming product lifecycle management (PLM) as the central foundation for successful model context protocol (MCP)-enabled AI in manufacturing. MCP is the open standard that enables AI systems to securely connect to, and act on, data across enterprise business systems. Commissioned by Propel Sof...

CONCORD, Mass.--(BUSINESS WIRE)--aPriori launches aiSource, closing the expertise gap in supplier negotiations, giving every buyer the intelligence to negotiate on equal terms....

CONROE, Texas--(BUSINESS WIRE)--Hertha Metals meets high-purity iron specification required by permanent magnet manufacturers, preparing for commercial-scale production....

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Talica is pleased to announce the acquisition of Hard Anodize, Inc., a Minneapolis-area provider of precision aluminum anodizing and specialized surface treatment services supporting the aerospace, defense, medical device, and other high-performance industrial markets. For more than 30 years, Hard Anodize has built a reputation for delivering highly technical metal finishing services for mission-critical components where quality, precision, and performance...

FRANKLIN, Tenn.--(BUSINESS WIRE)--Kaiser Aluminum Corporation (“Kaiser Aluminum” or the “Company”) (NASDAQ: KALU) today announced a leadership transition, with the Board of Directors appointing Fred Stephan as Chief Executive Officer and President, effective November 1, 2026, as part of its long-term succession planning process. He will be based in Franklin, Tennessee. Mr. Stephan succeeds Keith A. Harvey, who has led the Company since July 31, 2020, and has served as Chairman of the Board of D...

BOCA RATON, Fla.--(BUSINESS WIRE)--Steel Commander Corp. is conducting a formal investigation into a coordinated campaign of false online reviews, posts, and comments. The claims under review have appeared across multiple platforms. The campaign was initiated by an individual that owns a company in the same industry, within the United States and has been amplified through the use of third-party accounts operating outside the country. Steel Commander sells buildings only within all 50 states and...