Company Announcement: Nickel Supply Surge Causes Concern

While in recent years the nickel market has grown at a healthy rate, virtually all of this growth has been taken by nickel pig iron, leaving the main suppliers with what is, in effect, a flat market.

Kittilä mine, Finland.

An openpit mine situated in Finnish Lapland.

Ruukki announces management changes

Helsinki- and London-listed Ruukki group on Thursday announced that chief commercial officer Stefano Bonati would assume responsibility for the company’s speciality alloys business, following the resignation of COO Theuns de Bruyn, who was...

Company Announcement: Metso signs an extensive frame agreement for automation systems and related services with Neste Oil

The first orders included in the agreement have now been placed from Neste Oil’s Porvoo and Naantali refineries in Finland

Company Announcement: Metso’s new Valve Technology Center in Finland opens with strong demand in valves globally

The new facility is in line with the company’s long-term strategy to invest in quality and delivery capabilities globally for Metso’s valve customers

Ruukki appoints new CEO, COO

Helsinki- and London-listed Ruukki group has appointed Thomas Hoyer to take the reigns as CEO, as the company moves towards becoming a focused minerals producer. Ruuki, under the interim leadership of Dr Danko Koncar, disposed of its wood assets...

Finnish Parliament approves new mining law

Finland's parliament on Tuesday passed a new mining law that miners fear will increase bureaucracy and compensation to landowners, making future operations more difficult. Parliamentarians voted 147 in support and 13 against on updating a law...

Danko Konchar

Position: MD of Helsinki and London-listed Ruukki Group plc Main activity of the company: Industrial investor in minerals Date and place of birth: Zagreb, September 3, 1942 Education: BSc, MSc, PhD Computer Science

Company Announcement: Underground Development to start at Altona’s Copper Mine

Attached please find a press release on: Altona Mining Limited (“Altona”) today announced that decline tunnelling will commence at its Outokumpu Copper Project in Eastern Finland next week following the completion of the excavation of the...

KEEN INVESTORS

The Helsinki- and London-listed Ruukki board came to Johannesburg last week with the message that the company intends devoting energy, investment and time to grow the business in South Africa. Ruukki board members pictured are Philip Baum, a...

12/11/2010 (On-The-Air)

Foreign investors are shrugging off calls for mine nationalisation and voraciously snapping up investment opportunities; Yet another private-sector company is preparing to generate its own electricity; Because there is no long-term power path...

Ruukki's SA investment hits R3bn, JSE listing likely

The Helsinki- and London-listed Ruukki, which has invested R3-billion in South Africa so far, will soon have two assets and two major projects to manage in this country, which it believes has "huge potential". Ruukki South Africa CEO Dr Alistair...