You are here: Home ยป Archives for Manufacturing and Production-Mining and Metals

Syrah’s Balama is the first graphite operation to complete independent audit against the IRMA Standard, achieves IRMA 50

SEATTLE, Dec. 19, 2024 (GLOBE NEWSWIRE) — Today the Initiative for Responsible Mining (IRMA) released the results of an independent audit of Syrah’s Balama graphite operation (“Balama”) against the IRMA Standard for Responsible Mining. Balama achieved IRMA 50 after the independent audit firm SCS Global Services measured its performance versus the Standard’s 400+ criteria.

Balama is one of 22 industrial–scale mining operations worldwide engaged in independent audits with the IRMA system. After an initial self–assessment, a participating mine engages a third–party audit firm — trained and approved by IRMA — to conduct a detailed independent evaluation, including on–site visits to the mine and nearby communities.

IRMA 50 means SCS Global Services verified Balama met all critical requirements of the IRMA Standard, as well as at least 50% of the Standard’s criteria in each of the four areas: social responsibility, environmental responsibility, business integrity and planning for positive legacies. The full audit report is available on the Balama audit page at responsiblemining.net.

“The information stakeholders need to decide what’s going well — and what may require more attention.”

“This report demonstrates that mines supplying materials essential to the renewable energy transition can point to transparent, independent evaluations of their environmental and social performance,” said Aimee Boulanger, Executive Director of IRMA. “Through detailed IRMA audit reports, mining companies, communities and companies that purchase mined materials can gain the information they need to decide what’s going well — and what may require more attention — at specific mines.”

As the IRMA Standard is recognized and adopted around the globe, these audits are just the first steps in a deepening dialogue between mining companies and those affected by their operations. And because the process is still evolving, IRMA cautions that the initial results should be reviewed and interpreted accordingly.

“If the results don't fully reflect the experience of communities or other affected groups, we want to hear from them,” Ms. Boulanger said. “We’ll help them communicate with the company to better understand its performance, and with the auditors on any issues they feel were overlooked in the review. This is a cornerstone of our own commitment to transparency. We invite anyone who has criticisms of our work to join us in making it better. Finding ways to improve is built into our system — and a measure of its success.”

“This accomplishment is a first in the global graphite industry and highlights nearly a decade of strengthening our differentiated ESG performance.”

“Achieving IRMA 50 is a significant milestone for Syrah in our commitment to operate in line with international best practice for responsible mining. This accomplishment is a first in the global graphite industry and highlights nearly a decade of strengthening our differentiated ESG performance, particularly Balama’s strong safety record, investment in training and developing a highly skilled workforce, ongoing community development, human rights due diligence, legal governance and compliance, stakeholder engagement and demonstrated commitment to environmental sustainability,” said Syrah Managing Director and CEO, Shaun Verner.

The Initiative for Responsible Mining Assurance (IRMA) is (1) a voluntary mining standard describing best practices to protect people and the environment, (2) an assurance process to measure mines against that standard, and (3) an organization equally governed by representatives of six affected stakeholder sectors – communities, organized labor, NGOs, finance, purchasers and mining companies — that oversees the standard and the assurance process. IRMA is globally unique in that its governance provides communities equal power to mining companies, and the non–commercial interests the same power as commercial interests.

For More Information:


GLOBENEWSWIRE (Distribution ID 9322261)

A operação da Syrah em Balama é a primeira mina de grafite a concluir uma auditoria independente de acordo com o padrão IRMA, tendo atingido o nível IRMA 50

SEATTLE, Dec. 19, 2024 (GLOBE NEWSWIRE) — Hoje, a Iniciativa para a Garantia de Mineração Responsável (IRMA) divulgou os resultados de uma auditoria independente da operação de grafite da Syrah em Balama (“Balama”) em função do Padrão para a Mineração Responsável da IRMA. Balama atingiu o nível IRMA 50 depois de a firma de auditoria independente SCS Global Services ter medido o seu desempenho em relação aos mais de quatrocentos critérios do Padrão.

A operação da Syrah em Balama é uma das 22 operações mineiras de escala industrial em todo o mundo envolvidas em auditorias independentes com o sistema IRMA. Após uma auto–avaliação inicial, uma mina participante contrata uma empresa de auditoria externa, com formação e aprovação da IRMA, para efectuar uma avaliação independente pormenorizada, incluindo visitas presencias a operação mineira e às comunidades próximas.

O IRMA 50 significa que a SCS Global Services verificou que Balama cumpria todos os requisitos críticos do Padrão IRMA, bem como pelo menos 50% dos critérios do Padrão em cada uma das quatro áreas: responsabilidade social, responsabilidade ambiental, integridade empresarial e planeamento para legados positivos. O relatório de auditoria completo está disponível na página da auditoria de Balama em responsiblemining.net.

“As informações necessárias para decidir o que está a correr bem e o que pode exigir mais atenção.”

“Este relatório demonstra que as minas que fornecem materiais essenciais com vista à transição para as energias renováveis podem apontar para avaliações transparentes e independentes do seu desempenho ambiental e social”, afirmou Aimee Boulanger, Directora Executiva da IRMA. “Através de relatórios de auditoria da IRMA pormenorizados, as empresas de mineração, as comunidades e as empresas que adquirem os materiais extraídos podem obter as informações necessárias para decidir o que está a correr bem e o que pode exigir mais atenção em minas específicas.”

Dado que o Padrão da IRMA é reconhecido e adoptado em todo o mundo, estas auditorias são apenas os primeiros passos no aprofundamento do diálogo entre as empresas mineiras e as pessoas afectadas pela respectiva actividade. E porque o processo ainda está em evolução, a IRMA adverte que os resultados iniciais devem ser revistos e interpretados em conformidade.

“Se os resultados não reflectem plenamente a experiência das comunidades, dos titulares de direitos indígenas ou de outros grupos afectados, queremos ouvir as respectivas opiniões”, afirmou a Sra. Boulanger. “Ajudá–los–emos a comunicar com a empresa para compreender melhor o seu desempenho e com os auditores sobre quaisquer questões que achem que tenham sido negligenciadas na análise. Esta é uma pedra basilar do nosso compromisso para com a transparência. Convidamos qualquer pessoa que tenha críticas acerca do nosso trabalho a juntar se a nós para o tornarmos melhor. A procura de maneiras de melhorar está incorporada no nosso sistema e é uma medida do seu sucesso.”

“Esta conquista é a primeira na indústria global de grafite e destaca quase uma década de fortalecimento do nosso desempenho diferenciado em ESG.”

“Alcançar o IRMA 50 é um marco significativo para a Syrah no seu compromisso de operar em linha com as melhores práticas internacionais de mineração responsável. Esta conquista é a primeira na indústria global de grafite e destaca quase uma década de fortalecimento do nosso desempenho diferenciado em ESG. O sólido registo de segurança de Balama, o investimento em formação e no desenvolvimento de uma força de trabalho altamente qualificada, o contínuo desenvolvimento na comunidade, a devida diligência em matéria de direitos humanos, a governação e conformidade legal, o envolvimento com as partes interessadas e o compromisso demonstrado com a sustentabilidade ambiental foram elementos cruciais no processo com o IRMA”, destacou o Diretor–Executivo e CEO da Syrah, Shaun Verner.

A Iniciativa para a Garantia de Mineração Responsável (IRMA) é: (1) um padrão de mineração voluntário que descreve as melhores práticas para proteger as pessoas e o ambiente, (2) um processo de garantia para mensurar as minas em função desse padrão, e (3) uma organização dirigida em pé de igualdade por representantes de seis sectores de partes interessadas afectadas (comunidades, trabalhadores organizados, ONG, sector financeiro, compradores e empresas mineiras) que supervisiona a norma e o processo de garantia. A IRMA é mundialmente única no sentido em que a sua governação proporciona às comunidades um poder equivalente ao das empresas mineiras e aos interesses não comerciais um poder igual ao dos interesses comerciais.

For More Information:


GLOBENEWSWIRE (Distribution ID 9322261)

Namib Minerals and Hennessy Capital Investment Corp. VI Announce Filing of Registration Statement in Connection with their Proposed Business Combination and Namib Minerals’ Planned Nasdaq Listing

  • Namib Minerals and co–registrant Greenstone Corporation (“Greenstone”) filed a registration statement on Form F–4 (the “Registration Statement”) with the U.S. Securities Exchange Commission (the “SEC”), a critical step in advancing their previously announced proposed business combination with Hennessy Capital Investment Corp. VI (Nasdaq: HCVI) (“HCVI” or “Hennessy Capital”), and planned Nasdaq listing of Namib Minerals’ ordinary shares under the ticker “NAMM.”
  • The proposed business combination values Namib Minerals at a pre–money enterprise value of $500 million with up to an additional 30 million of contingent ordinary shares tied to the completion of operational milestones.(1)
  • Transaction proceeds are intended to be used to accelerate Namib Minerals’ growth plans for Greenstone’s assets, including the restart of two gold mines in Zimbabwe and expansion into prospective battery metal assets, including copper and cobalt, in the Democratic Republic of Congo (the “DRC”).
  • How mine, a high–grade cash–generating gold asset currently owned by Greenstone, supports low–cost production, while restart efforts at the Mazowe and Redwing mines aim to establish Namib Minerals as a multi–asset producer in Africa.

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Namib Minerals, which would become a public company upon consummation of the proposed business combination, Greenstone, an affiliate of Namib Minerals and an established African gold producer with an attractive portfolio of mining assets in Zimbabwe, and HCVI, a Nasdaq listed special purpose acquisition company, today announced the filing of the Registration Statement with the SEC on Friday, December 6, 2024. This filing represents a key milestone in connection with their previously announced proposed business combination, which is expected to result in Namib Minerals listing its ordinary shares and warrants on Nasdaq under the ticker symbols “NAMM” and “NAMMW,” respectively, subject to approval of its listing application. While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about Namib Minerals, Greenstone, HCVI, and the proposed business combination.

Upon completion of the transaction, Namib Minerals will own Greenstone’s mining and exploration assets and plans to accelerate its growth strategy and build out its portfolio of mining assets. Located strategically in the Bulawayo Greenstone Belt of Southern Zimbabwe, Greenstone’s cash flow generating How mine has produced over 1.8Moz of gold between 1941 and 2023. Restart efforts at the Mazowe and Redwing mines, historically producing gold mines currently on care and maintenance, aim to diversify Namib Minerals’ production scale upon the mines’ recommencement. The Mazowe and Redwing mines have total measured and indicated resource estimates of 291koz at 7.77 g/t Au and 1,188koz at 3.83 g/t Au, respectively, and inferred resource estimates of 915koz at 8.65 g/t Au and 1,328koz at 2.61 g/t Au, respectively, based on technical report summaries for each mine prepared in compliance with Subpart 1300 of Regulation S–K promulgated by the SEC (“S–K 1300”). Greenstone also currently holds interests in 13 battery metals exploration permits in the DRC, including six initial diamond drilling holes that show potential for copper and cobalt. Located in the resource–rich Haut Katanga and Lualaba Provinces, these assets position Namib Minerals to capitalize on the rising global demand for battery metals.

Greenstone Snapshot:

  • Established, well–known African gold producer – Produced ~589koz from 2012 to 2023(2)
  • Operating in Zimbabwe since 2002 – Greenstone brings a proven management team with operational and developmental success
  • Producing positive cash flow – 1H 2024 Revenue: $42M(3) / 2023 Revenue: $65M(4); 1H 2024 Profit: $9.2M(3) / 2023 Profit: $3.6M(4); 1H 2024 Adj. EBITDA: $17M(5) / 2023 Adj. EBITDA: $20M(5)
  • One production stage asset, two exploration stage assets – As of December 31, 2023, total measured and indicated mineral resources: 1.6Moz at 3.92 g/t Au(6); total inferred mineral resources: 2.4Moz(6)
  • Well–positioned to unlock shareholder value as a multi–asset producer in Africa – Preparation works and feasibility studies underway at the Mazowe and Redwing mines
  • Certified to ISO Standards(7) – 0.86 lost time injury frequency rate in 2023(8)

“As Namib Minerals takes this significant step toward becoming a publicly traded company, we remain dedicated to our mission of creating safe, sustainable, and profitable mining operations,” said Ibrahima Tall, Chief Executive Officer and Director of Namib Minerals. “This transaction positions us to advance our strategy, from restarting the Mazowe and Redwing gold mines to expanding our focus on copper and cobalt potential in the DRC. We are excited about the opportunities this partnership creates to deliver long–term value to our stakeholders while contributing responsibly to the communities where we operate.”

“Filing the Registration Statement marks an important milestone in the proposed Namib–Hennessy Capital business combination,” said Daniel Hennessy, Chief Executive Officer and Chairman of Hennessy Capital. “We are proud to support Namib Minerals as it continues to build a leading Pan–African platform for precious and critical metals production. Namib Minerals stood out as a compelling partner due to its history of mining in precious metals, opportunities for future expansion and its mission to create safe, sustainable and profitable operations in the communities it serves. With its strong portfolio of assets and clear growth strategy, Namib Minerals is well–positioned to capitalize on increasing global demand for these essential resources.”

Proposed Transaction Highlights

The proposed business combination implies a pro forma combined enterprise value of Namib Minerals at approximately $602 million, excluding additional earnout consideration, assuming no further redemptions of HCVI’s public shares and $60 million in targeted PIPE funding to be obtained prior to the closing of the transaction. The boards of directors of HCVI, Greenstone, and Namib Minerals have approved the proposed transaction, which is expected to be completed in the first quarter of 2025, subject to, among other things, the approvals by stockholders of HCVI and Greenstone and satisfaction or waiver of the other conditions set forth in the business combination agreement, dated June 17, 2024 (as amended on December 6, 2024, the “Business Combination Agreement”). At closing of the proposed business combination, Greenstone’s existing shareholders will exchange their equity in Greenstone for approximately 74% of the equity of Namib Minerals.

Net proceeds from the transaction are expected to enable Namib Minerals to invest further into the How mine, while also contributing to the restart of production at the Mazowe and Redwing mines, each in Zimbabwe, and to help fund the expansion of operations into the DRC.

Additional information about the proposed business combination, including a copy of the Business Combination Agreement, is available on the Current Report on Form 8–K, dated June 17, 2024, filed by HCVI with the SEC on June 18, 2024 and available at www.sec.gov.

References:

(1)   Pre–money equity value of $500 million excludes additional 30 million of contingent ordinary shares ($300M value) to be issued by Namib Minerals to current Greenstone shareholders upon the completion of operational milestones.
(2)   Internal historical production numbers aligning with the How Mine S–K 1300 Technical Report Summary, December 2024; Mazowe Mine S–K 1300 Technical Report Summary, December 2024; Redwing Mine S–K 1300 Technical Report Summary, December 2024.
(3)   Unaudited interim financial statements and notes of Greenstone as of and for the six months ended June 30, 2024.
(4)   Audited financial statements and notes of Greenstone as of and for the year ended December 31, 2023.
(5)   Adjusted EBITDA is a non–International Financial Reporting Standards (“IFRS”) measure, which should not be considered in isolation or as a substitute for IFRS measures. See “Use of Non–IFRS Financial Measures” below for more information.
(6)   How Mine S–K 1300 Technical Report Summary, December 2024, exclusive of Mineral Reserves; Mazowe Mine S–K 1300 Technical Report Summary, December 2024; Redwing Mine S–K 1300 Technical Report Summary, December 2024.
(7)   Unaudited Greenstone 2023 Annual Report, Recertification achieved on all three international standards–based management systems; ISO 14001 of 2015: Environmental Management Systems (EMS), ISO 9001 of 2015: Quality Management Systems (QMS) and ISO 45001 of 2018: Occupational Safety and Health Management Systems (OHSMS).
(8)   How Mine internal management safety reporting.
     

Advisors

Cohen & Company Capital Markets is serving as exclusive financial advisor and lead capital markets advisor to Greenstone and Namib Minerals, while Jett Capital Advisors LLC is serving as financial advisor to HCVI. Greenberg Traurig, LLP is serving as U.S. legal counsel to Greenstone and Namib Minerals, Sidley Austin LLP is serving as legal counsel to HCVI, and Appleby (Cayman) Ltd. is serving as Cayman Islands legal counsel to Greenstone and Namib. BDO South Africa Inc. is serving as auditor to Greenstone and Namib Minerals, and Alliance Advisors Investor Relations is serving as investor relations advisor for the transaction.

About Greenstone Corporation and Namib Minerals

Greenstone is a gold producer, developer and explorer with operations focused in Zimbabwe. Greenstone is a significant player in Zimbabwe’s mining industry, driving sustainable growth and innovation across the sector. Currently Greenstone operates an underground mine in Zimbabwe, with additional exploration assets in Zimbabwe and the DRC. Greenstone operates using conventional mining as well as modern processes and is seeking alternative areas of growth. Upon the closing of the proposed business transaction, Namib Minerals will hold all of Greenstone’s assets.

For additional information, please visit namibminerals.com

About Hennessy Capital Investment Corp. VI

Hennessy Capital Investment Corp. VI is a special purpose acquisition company (SPAC) listed on the Nasdaq Global Market (NASDAQ: HCVI). HCVI was formed by Daniel J. Hennessy for the purpose of acquiring, and introducing to the public markets, a strong and competitive company operating in the industrial sector.

For additional information, please visit hennessycapitalgroup.com

Forward Looking Statements

All statements other than statements of historical facts contained in this press release, including statements regarding HCVI’s, Greenstone’s, or Namib Minerals’ future financial position, results of operations, business strategy, and plans and objectives of their respective management teams for future operations, are forward–looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward–looking statements. In some cases, you can identify forward–looking statements by words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,” “may,” “target,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” “preliminary,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward–looking. Forward–looking statements include, without limitation, HCVI’s, Greenstone’s, or their respective management teams’ expectations concerning the outlook for their or Namib Minerals’ business, productivity, plans, and goals for future operational improvements and capital investments, operational performance, future market conditions, or economic performance and developments in the capital and credit markets and expected future financial performance, including the restart of the Mazowe mine and the Redwing mine and related expansion plans, capital expenditure plans and timeline, the development and goals of the prospective exploration licenses in the DRC, mineral reserve and resource estimates, production and other operating results, productivity improvements, expected net proceeds, expected additional funding, the percentage of redemptions of HCVI’s public stockholders, growth prospects and outlook of Namib Minerals’ operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion of commercial operations of certain of Namib Minerals’ exploration and production projects, as well as any information concerning possible or assumed future results of operations of Namib Minerals. Forward–looking statements also include statements regarding the expected benefits of the proposed business combination. The forward–looking statements are based on the current expectations of the respective management teams of Greenstone and HCVI, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward–looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward–looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the proposed business combination may not be completed in a timely manner or at all, which may adversely affect the price of HCVI’s securities; (ii) the risk that the proposed business combination may not be completed by HCVI’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by HCVI; (iii) the failure to satisfy the conditions to the consummation of the proposed business combination, including the adoption of the Business Combination Agreement by the stockholders of HCVI and Greenstone, the satisfaction of the $25 million minimum cash amount following redemptions by HCVI’s public stockholders and the receipt of certain regulatory approvals; (iv) market risks, including the price of gold; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; (vi) the effect of the announcement or pendency of the proposed business combination on Greenstone’s business relationships, performance, and business generally; (vii) the outcome of any legal proceedings that may be instituted against Greenstone or HCVI related to the Business Combination Agreement or the proposed business combination; (viii) failure to realize the anticipated benefits of the proposed business combination; (ix) the inability to maintain the listing of HCVI’s securities or to meet listing requirements and maintain the listing of Namib Minerals’ securities on the Nasdaq; (x) the inability to remediate the identified material weaknesses in Greenstone’s internal control over financial reporting, which, if not corrected, could adversely affect the reliability of Greenstone’s and Namib Minerals’ financial reporting; (xi) the risk that the price of Namib Minerals’ securities may be volatile due to a variety of factors, including changes in the highly competitive industries in which Greenstone plans to operate, variations in performance across competitors, changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro–economic and social environments affecting its business, and changes in the combined capital structure; (xii) the inability to implement business plans, forecasts, and other expectations after the completion of the proposed business combination, identify and realize additional opportunities, and manage its growth and expanding operations; (xiii) the risk that Greenstone may not be able to successfully develop its assets, including expanding the How mine, restarting and expanding its other mines in Zimbabwe or developing its exploration permits in the DRC; (xiv) the risk that Greenstone will be unable to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; (xv) political and social risks of operating in Zimbabwe and the DRC; (xvi) the operational hazards and risks that Namib Minerals faces; and (xvii) the risk that additional financing in connection with the proposed business combination may not be raised on favorable terms, in a sufficient amount to satisfy the $25 million (post–redemptions) minimum cash amount condition to the Business Combination Agreement, or at all. The foregoing list is not exhaustive, and there may be additional risks that neither HCVI nor Greenstone presently know or that HCVI and Greenstone currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this press release and the other risks and uncertainties described in the “Risk Factors” section of HCVI’s Annual Report on Form 10–K for the year ended December, 31, 2023, which was filed with the SEC on March 29, 2024, the risks described in the Registration Statement, which includes a preliminary proxy statement/prospectus, and those discussed and identified in filings made with the SEC by HCVI and Namib Minerals from time to time. Greenstone and HCVI caution you against placing undue reliance on forward–looking statements, which reflect current beliefs and are based on information currently available as of the date a forward–looking statement is made. Forward–looking statements set forth in this press release speak only as of the date of this press release. None of Greenstone, HCVI, or Namib Minerals undertakes any obligation to revise forward–looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward–looking statement is updated, no inference should be made that Greenstone, HCVI, or Namib Minerals will make additional updates with respect to that statement, related matters, or any other forward–looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward–looking statements, including discussions of significant risk factors, may appear, up to the consummation of the proposed business combination, in HCVI’s or Namib Minerals’ public filings with the SEC, which are or will be (as appropriate) accessible at www.sec.gov, and which you are advised to review carefully.

Important Information for Investors and Stockholders

In connection with the proposed business combination, Namib Minerals and Greenstone, as co–registrant, have filed with the SEC the Registration Statement, which includes a prospectus with respect to Namib Minerals’ securities to be issued in connection with the proposed business combination and a proxy statement to be distributed to holders of HCVI’s common stock in connection with HCVI’s solicitation of proxies for the vote by HCVI’s stockholders with respect to the proposed business combination and other matters to be described in the Registration Statement (the “Proxy Statement”). After the SEC declares the Registration Statement effective, HCVI plans to file the definitive Proxy Statement with the SEC and to mail copies to stockholders of HCVI as of a record date to be established for voting on the proposed business combination. This press release does not contain all the information that should be considered concerning the proposed business combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that Namib Minerals or HCVI may file with the SEC. Before making any investment or voting decision, investors and security holders of HCVI and Namib Minerals are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the proposed business combination as they become available because they will contain important information about Greenstone, HCVI, Namib Minerals and the proposed business combination. Investors and security holders will be able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by Namib Minerals and HCVI through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by Namib Minerals and HCVI may be obtained free of charge from HCVI’s website at hennessycapllc.com or by directing a request to Nicholas Geeza, Chief Financial Officer, PO Box 1036, 195 US Hwy 50, Suite 309, Zephyr Cove, Nevada 89448; Tel: (775) 339–1671. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in the Solicitation

Greenstone, HCVI, Namib Minerals and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from HCVI’s stockholders in connection with the proposed business combination. For more information about the names, affiliations and interests of HCVI’s directors and executive officers, please refer to HCVI’s annual report on Form 10–K filed with the SEC on March 29, 2024 and the Registration Statement, Proxy Statement and other relevant materials filed with the SEC in connection with the proposed business combination from time to time. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of HCVI’s stockholders generally, are included in the Registration Statement and the Proxy Statement. Stockholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

Use of Non–IFRS Financial Measures

Greenstone utilizes non–IFRS financial measures, including Adjusted EBITDA, to complement its IFRS reporting and provide stakeholders with a deeper understanding of its operational performance and financial health. These measures offer insights into trends and factors that IFRS metrics may not fully capture, and Greenstone believes they are essential for formulating strategic decisions and business plans. Non–IFRS financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with IFRS, and non–IFRS financial measures as used by Greenstone may not be comparable to similarly titled amounts used by other companies. While not a substitute for IFRS results, they exclude items not indicative of Greenstone’s core operations, enhancing comparability across periods. Greenstone defines Adjusted EBITDA as profit for the period before finance cost, loss on sale, related party credit loss, taxes, depreciation, impairment of long lived assets, interest income, financial guarantee remeasurement, and share–based payments. The table below presents Greenstone’s Adjusted EBITDA for the year ended December 31, 2023 and the six–month period ended June 30, 2024, reconciled to Greenstone’s Profit for the year ended December 31, 2023 and the six–month period ended June 30, 2024, respectively, which is the most comparable IFRS measure:

(In thousands)     31–Dec–23
     30–Jun–24  
Profit for the period ended     $ 3,627     9,175  
Finance cost     2,415     1,057  
Loss on sale       41     —  
Related party credit loss       6,818     552  
Income tax expense       5,254     4,433  
Depreciation       2,705     1,666  
Impairment       —     —  
Interest income       (114 )   —  
Financial guarantee remeasurement       (486 )   (2,746 )
Share–based payments       —     2,834  
Adjusted EBITDA     $ 20,260     16,971  
 

Cautionary Note Regarding Mineral Resources and Mineral Reserves
Estimates of “measured”, “indicated,” and “inferred” mineral resources as well as “mineral reserves” shown in this press release are defined in S–K 1300. The estimation of measured resources and indicated resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable mineral reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources. Investors are cautioned not to assume that any or all of the mineral resources are economically or legally mineable or that these mineral resources will ever be converted into mineral reserves. You are cautioned that mineral resources do not have demonstrated economic viability.

No Offer or Solicitation
This press release shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the proposed business combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.

Contacts

Greenstone Corporation/Namib Minerals:
info@namibminerals.com

Hennessy Capital Investment Corp. VI:
Nicholas Geeza
ngeeza@hennessycapitalgroup.com

Investor Relations:
Caroline Sawamoto
NamibIR@allianceadvisors.com


GLOBENEWSWIRE (Distribution ID 9315817)

BASF Environmental Catalyst and Metal Solutions remporte le Edison Patent Award 2024

ISELIN, New Jersey, 23 nov. 2024 (GLOBE NEWSWIRE) — Une équipe composée de scientifiques de BASF Environmental Catalyst and Metal Solutions (ECMS) et de Heesung Catalysts Corporation (HCC) a récemment reçu un Edison Patent Award 2024 décerné par le Research & Development Council of New Jersey pour une technologie innovante de convertisseur catalytique à trois voies avec piège à oxyde d’azote (NOx) afin de contrôler les émissions de NOx dans les véhicules à essence. La technologie traite le NOx de façon appropriée dans les conditions de fonctionnement des moteurs modernes et permet de réduire les émissions d’échappement par rapport aux convertisseurs catalytiques à trois voies conventionnels.

L’équipe était composée de scientifiques d’ECMS Xiaolai Zheng et Pat Burk (à la retraite), ainsi que des scientifiques de HCC Jinwoo Song et Jun Lee.

« En intégrant une fonction de piège à NOx à un catalyseur à trois voies, la nouvelle technologie TWC–NT réduit considérablement les émissions de NOx et d’autres composés toxiques apportées via le pot d’échappement », a déclaré Xiaolai Zheng, scientifique principal dans les nouvelles technologies de catalyseurs automobiles chez ECMS.

« Les constructeurs automobiles peuvent calibrer les véhicules de tourisme à essence avec des coupes de carburant plus fréquentes afin de réaliser plus d’économies en carburant, mais aussi de réduire les émissions de CO2 pendant que le véhicule roule », a indiqué Jinwoo Song, vice–président et responsable RD&A chez HCC.

« Cette technologie a été bien accueillie par nos clients, car elle répondait à un besoin clé sur ce marché », a souligné Saeed Alerasool, vice–président directeur chargé de la recherche, du développement et des applications chez ECMS. « Nous avons la chance d’avoir à nos côtés les meilleurs experts techniques du secteur pour permettre à nos clients de respecter des réglementations toujours plus strictes en matière d’émissions et de réaliser d’importantes économies en carburant. Ce prix est une reconnaissance de leur travail acharné et de leur engagement quotidien envers l’innovation. Nous sommes extrêmement fiers de l’équipe. »

Le Research & Development Council of New Jersey a créé l’Edison Patent Award afin d’honorer l’héritage de Thomas Edison et récompense en son nom les inventeurs et organismes de recherche du New Jersey qui encouragent l’innovation et permettent au New Jersey de se positionner encore et toujours comme un pôle mondial en matière d’innovation. Ce programme de remise de prix s’inscrit dans le cadre de la mission du conseil visant à faire collaborer l’industrie, le monde universitaire et le gouvernement afin de développer et de renforcer la place des STEM dans l’éducation, l’innovation et l’économie.

À propos de BASF Environmental Catalyst and Metal Solutions

Exploitant sa grande expertise en tant que leader mondial de la catalyse et des métaux précieux, BASF Environmental Catalyst and Metal Solutions (ECMS) est au service de clients dans de nombreux secteurs, notamment l’automobile, l’aérospatiale, la qualité de l’air intérieur, les semi–conducteurs et l’économie de l’hydrogène, et fournit des services en boucle complète grâce à son offre de négoce et de recyclage des métaux précieux. En mettant l’accent sur les solutions circulaires et la durabilité, ECMS s’engage à assister ses clients dans la création d’un monde plus propre et plus durable. Protéger les éléments de la vie est notre objectif et cela nous inspire dans la recherche de solutions toujours nouvelles. Le groupe ECMS est présent dans 16 pays et compte plus de 4 500 employés et 21 sites de production.

À propos de BASF 

Chez BASF, nous faisons de la chimie pour un avenir durable. Nous combinons réussite économique, protection de l’environnement et responsabilité sociale. Près de 112 000 employés au sein de groupe BASF contribuent au succès de nos clients à travers quasiment tous les secteurs et tous les pays du monde. Notre portefeuille comprend six segments : produits chimiques, matériaux, solutions industrielles, technologies de surface, nutrition et soins et solutions agricoles. En 2023, BASF a généré un chiffre d’affaires de 68,9 milliards d’euros. Les actions BASF sont négociées à la bourse de Francfort (BAS) et aux États–Unis sous le nom d’American Depositary Receipts (BASFY). Pour de plus amples informations, rendez–vous sur www.basf.com 

À propos de Heesung Catalysts Corporation

Heesung Catalysts Corporation (HCC), leader reconnu dans les technologies de catalyseurs et de matériaux, promeut l’innovation grâce à ses solutions avancées qui visent à améliorer la qualité de l’air et à réduire les émissions de gaz à effet de serre. Déterminée à soutenir sans relâche la transition vers une économie neutre en carbone à travers le monde, HCC consolide son rôle en encourageant la durabilité environnementale. HCC s’appuie sur une expertise et une expérience approfondies afin de fournir des solutions sur mesure dans des secteurs clés, notamment l’industrie automobile, maritime, des semi–conducteurs, pétrochimique et la chaîne de valeur de l’hydrogène. Le siège social de l’entreprise en République de Corée compte plus de 550 professionnels déterminés à repousser les limites de la recherche, du développement et de l’innovation en matière de production. Avec l’objectif clair de se positionner en tant que leader de premier plan en matière de technologies respectueuses de l’environnement, HCC s’engage à fournir des solutions durables et performantes qui répondent aux demandes dans divers secteurs, réaffirmant ainsi son leadership dans le domaine des technologies vertes.

Contact relations médias :
Joy Zhang
Téléphone : +86 19121028317
E–mail : joy.zhang@basf–catalystsmetals.com 		          Interlocuteur supplémentaire :
Joe Plahutnik
Téléphone : +1 7324289602
E–mail : joseph.plahutnik@basf–catalystsmetals.com 
     

Une vidéo accompagnant ce communiqué est disponible en cliquant sur le lien suivant:
https://www.globenewswire.com/NewsRoom/AttachmentNg/4ee2f02e–4195–4300–8d48–1ba42091ac45


GLOBENEWSWIRE (Distribution ID 9289085)

BASF Environmental Catalyst and Metal Solutions gewinnt Edison Patent Award 2024

ISELIN, N.J., Nov. 23, 2024 (GLOBE NEWSWIRE) — Ein Team von Wissenschaftlern der BASF Environmental Catalyst and Metal Solutions (ECMS) und der Heesung Catalysts Corporation (HCC ) wurde kürzlich vom Research & Development Council of New Jersey mit dem Edison Patent Award 2024 für eine innovative Drei–Wege–Stickoxid (NOx)–Konvertierungstechnologie zur kraftstoffsparenden NOx–Kontrolle in Benzinfahrzeugen ausgezeichnet. Die Technologie ermöglicht eine wirksame NOx–Behandlung unter modernen Motorbetriebsbedingungen und sorgt für geringere Abgasemissionen im Vergleich zu herkömmlichen Drei–Wege–Katalysatoren.

Das Team bestand aus den ECMS–Wissenschaftlern Xiaolai Zheng und Pat Burk (im Ruhestand) sowie den HCC–Wissenschaftlern Jinwoo Song und Jun Lee.

„Durch die Integration einer Stickoxidfalle in einen Drei–Wege–Katalysator reduziert die neue TWC–NT–Technologie den Ausstoß von NOx und anderen toxischen Substanzen erheblich“, so Xiaolai Zheng, Principal Scientist für neue Katalysatortechnologien für Kraftfahrzeuge bei ECMS.

„Ein Vorteil besteht darin, dass Automobilhersteller benzinbetriebene PKWs mit häufigeren Kraftstoffabschaltungen für einen besseren Kraftstoffverbrauch kalibrieren können, was auch zu geringeren CO2–Emissionen während des Fahrzeugbetriebs führt“, erklärte Jinwoo Song, Vice President und Head of RD&A, HCC.

„Diese Technologie wurde von unseren Kundinnen und Kunden sehr gut angenommen, da sie eine wichtige Marktlücke schließt“, so Saeed Alerasool, Senior Vice President, Research, Development and Application bei ECMS. „Wir sind in der glücklichen Lage, dass die besten Ingenieurinnen und Ingenieure der Branche daran arbeiten, unseren Kunden bei der Einhaltung immer strengerer Emissionsvorschriften und beim Erreichen einer hohen Kraftstoffeffizienz zu helfen. Diese Auszeichnung ist eine Anerkennung für ihre harte Arbeit und ihr tägliches Streben nach Innovation. Wir könnten nicht stolzer auf unser Team sein.“

Der Research & Development Council of New Jersey hat den Edison Patent Award ins Leben gerufen, um das Vermächtnis von Thomas Edison zu ehren und in seinem Namen Erfinderinnen und Erfinder aus New Jersey sowie Forschungseinrichtungen auszuzeichnen, die Innovationen vorantreiben und New Jersey als globales Innovationszentrum stärken. Dieses Auszeichnungsprogramm ist Teil der Mission des Councils, die Zusammenarbeit zwischen Industrie, Wissenschaft und Regierung zu fördern, um den MINT–Bereich in Bildung, Innovation und Wirtschaft zu stärken und auszubauen.

Über BASF Environmental Catalyst and Metal Solutions

BASF Environmental Catalyst and Metal Solutions (ECMS) nutzt ihr umfassendes Know–how als weltweit führendes Unternehmen in den Bereichen Katalyse und Edelmetalle und bedient Kunden in vielen Branchen, darunter die Automobilindustrie, die Luft– und Raumfahrt, die Innenraumluftqualität, die Halbleiterindustrie und die Wasserstoffwirtschaft, und bietet mit ihrem Edelmetallhandel und –recycling umfassende Dienstleistungen an. Mit dem Schwerpunkt auf Kreislauflösungen und Nachhaltigkeit unterstützt ECMS seine Kunden bei der Schaffung einer saubereren und nachhaltigeren Welt. Die Elemente des Lebens zu schützen, ist unser Ziel, und das inspiriert uns zu immer neuen Lösungen. ECMS ist weltweit in 16 Ländern vertreten und beschäftigt über 4.500 Mitarbeiter an 21 Produktionsstandorten.

Über BASF 

Wir bei BASF entwickeln und produzieren Chemie für eine nachhaltige Zukunft – We ceate chemistry. Wir verbinden wirtschaftlichen Erfolg mit Umweltschutz und sozialer Verantwortung. Rund 112.000 Mitarbeiter in der BASF–Gruppe tragen in fast allen Branchen und in fast allen Ländern der Welt zum Erfolg unserer Kunden bei. Unser Portfolio umfasst sechs Segmente: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care und Agricultural Solutions. BASF erwirtschaftete im Jahr 2023 einen Umsatz von 68,9 Mrd. EUR. Die BASF–Aktie wird an der Frankfurter Börse (BAS) und in den Vereinigten Staaten als American Depositary Receipts (BASFY) gehandelt. Weitere Informationen finden Sie unter www.basf.com 

Über Heesung Catalysts Corporation

Heesung Catalysts Corporation (HCC), ein führendes Unternehmen in der Katalysator– und Materialtechnologie, entwickelt fortschrittliche Lösungen zur Verbesserung der Luftqualität und zur Reduzierung von Treibhausgasemissionen. Durch die Unterstützung des globalen Wandels hin zu einer kohlenstoffneutralen Wirtschaft festigt HCC seine Rolle bei der Förderung der ökologischen Nachhaltigkeit. Basierend auf umfassender Expertise und Erfahrung bietet HCC maßgeschneiderte Lösungen für Schlüsselindustrien wie die Automobil–, Schiffbau–, Halbleiter–, Petrochemie– und Wasserstoff–Wertschöpfungskette. Am Hauptsitz des Unternehmens in Südkorea arbeiten mehr als 550 Mitarbeiterinnen und Mitarbeiter daran, die Grenzen von Forschung, Entwicklung und Produktionsinnovation zu erweitern. HCC hat die klare Vision, ein führender Anbieter von umweltfreundlichen Technologien zu werden. Das Unternehmen ist bestrebt, nachhaltige und leistungsstarke Lösungen zu liefern, die den Anforderungen verschiedener Industriezweige gerecht werden und seine führende Position im Bereich umweltfreundlicher Technologien zu festigen.

Medienkontakt
Joy Zhang
Telefon: +86 19121028317
E–Mail: joy.zhang@basf–catalystsmetals.com 		          Zusätzlicher Kontakt
Joe Plahutnik
Telefon: +1 7324289602
E–Mail: joseph.plahutnik@basf–catalystsmetals.com 
     

Ein Video zu dieser Mitteilung ist verfügbar unter:
https://www.globenewswire.com/NewsRoom/AttachmentNg/4ee2f02e–4195–4300–8d48–1ba42091ac45


GLOBENEWSWIRE (Distribution ID 9289085)

BASF Environmental Catalyst and Metal Solutions Premiada com o 2024 Edison Patent Award

ISELIN, N.J., Nov. 23, 2024 (GLOBE NEWSWIRE) — Uma equipe de cientistas da BASF Environmental Catalyst and Metal Solutions (ECMS) e da Heesung Catalysts Corporation (HCC) recentemente foi premiada com o 2024 Edison Patent Award do Conselho de Pesquisa e Desenvolvimento de Nova Jersey por sua inovadora tecnologia de Armadilha de Óxido de Nitrogênio (NOx) de Conversão de Três Vias para controle de NOx de corte de combustível em veículos a gasolina. A tecnologia trata bem o NOx sob condições modernas de operação do motor e fornece emissões mais baixas do tubo de escape em comparação com os catalisadores convencionais de conversão de três vias.

A equipe era composta pelos cientistas Xiaolai Zheng e Pat Burk (aposentados) da ECMS, juntamente com os cientistas Jinwoo Song e Jun Lee da HCC.

“Ao integrar uma funcionalidade de armadilha de NOx a um catalisador TWC, a nova tecnologia TWC–NT reduz substancialmente as emissões de NOx e outras espécies tóxicas do tubo de escape”, disse Xiaolai Zheng, cientista principal da New Automotive Catalyst Technologies na ECMS.

“Como benefício, as montadoras podem calibrar veículos de passageiros movidos a gasolina com cortes de combustível mais frequentes para uma melhor economia de combustível, o que também significa menores emissões de CO2  durante a operação do veículo”, disse Jinwoo Song, Vice–Presidente e Chefe de PD&A, HCC.

“Esta tecnologia foi bem recebida pelos nossos clientes por atender uma necessidade essencial para o mercado”, disse Saeed Alerasool, Vice–Presidente Sênior de Pesquisa, Desenvolvimento e Aplicação da ECMS. “Temos a sorte de ter as melhores mentes técnicas do setor trabalhando para ajudar nossos clientes a cumprir regulamentações de emissões cada vez mais rigorosas e alcançar alta eficiência de combustível. Este prêmio é um testemunho do trabalho duro e dedicação diária deles com a inovação. Temos muito orgulho deles.”

O Conselho de Pesquisa e Desenvolvimento de Nova Jersey criou a premiação para homenagear o legado de Thomas Edison e usar seu nome para homenagear os inventores e as organizações de pesquisa de Nova Jersey que impulsionam a inovação e continuam a posicionar Nova Jersey como um centro global de inovação. Esta premiação faz parte da missão do Conselho de colaborar com a indústria, a academia e o governo para ampliar e fortalecer o STEM em educação, inovação e economia.

Sobre a BASF Environmental Catalyst and Metal Solutions

Aproveitando sua profunda experiência como líder global em catálise e metais preciosos, a BASF Environmental Catalyst and Metal Solutions (ECMS) atende clientes em muitos setores, incluindo automotivo, aeroespacial, qualidade do ar interno, semicondutores e economia de hidrogênio, e fornece serviços de ciclo completo com sua oferta de comércio e reciclagem de metais preciosos. Com foco nas soluções circulares e sustentabilidade, a ECMS está comprometida em ajudar nossos clientes a criar um mundo mais limpo e sustentável. O nosso novo objetivo de proteger os elementos da vida nos inspira a criar soluções sempre novas. A ECMS opera em 16 países, conta com mais de 4.500 funcionários e 21 locais de produção.

Sobre a BASF 

A BASF cria produtos químicos para um futuro sustentável. Combinamos o sucesso econômico com a proteção ambiental e a responsabilidade social. Cerca de 112.000 funcionários do Grupo BASF contribuem para o sucesso dos nossos clientes em quase todos os setores e em quase todos os países do mundo. Nosso portfólio é composto por seis segmentos: Produtos Químicos, Materiais, Soluções Industriais, Tecnologias de Superfície, Nutrição e Cuidados, e Soluções Agrícolas. A BASF gerou vendas de €68,9 bilhões em 2023. As ações da BASF são negociadas na bolsa de valores de Frankfurt (BAS) e como American Depositary Receipts (BASFY) nos Estados Unidos. Para mais informações www.basf.com. 

Sobre a Heesung Catalysts Corporation

A Heesung Catalysts Corporation (HCC), uma líder distinta em tecnologia de catalisadores e materiais, está na dianteira com soluções avançadas que melhoram a qualidade do ar e reduzem as emissões de gases de efeito estufa. Com um compromisso focado em apoiar a mudança global em direção a uma economia neutra em carbono, a HCC está solidificando seu papel na promoção da sustentabilidade ambiental. Com o uso do seu amplo conhecimento e experiência, a HCC fornece soluções personalizadas para os principais setores, incluindo automotivo, marítimo, semicondutores, petroquímicos e cadeia de valor do hidrogênio. A sede da empresa na República da Coreia conta com mais de 550 profissionais dedicados a expandir os limites da inovação em pesquisa, desenvolvimento e produção. Orientada pela visão clara de se tornar uma líder proeminente em tecnologia ecológica, a HCC está comprometida em fornecer soluções sustentáveis e de alto desempenho que atendam às demandas de vários setores, reafirmando sua liderança no setor de tecnologia verde.

Contato de Relações com a Mídia
Helence Zhang
Telefone: +86 19121028317
Email: joy.zhang@basf–catalystsmetals.com 		 Contato Adicional
Joe Plahutnik
Tel.: +1 7324289602
Email: joseph.plahutnik@basf–catalystsmetals.com 
  

Vídeo deste comunicado disponível em:
https://www.globenewswire.com/NewsRoom/AttachmentNg/4ee2f02e–4195–4300–8d48–1ba42091ac45


GLOBENEWSWIRE (Distribution ID 9289085)

BASF Environmental Catalyst and Metal Solutions wins 2024 Edison Patent Award

ISELIN, N.J., Nov. 22, 2024 (GLOBE NEWSWIRE) — A team of BASF Environmental Catalyst and Metal Solutions (ECMS) and Heesung Catalysts Corporation (HCC) scientists was recently awarded a 2024 Edison Patent Award by the Research & Development Council of New Jersey for an innovative Three–Way Conversion Nitrogen Oxide (NOx) Trap technology for fuel–cut NOx control in gasoline vehicles. The technology treats NOx well under modern engine operating conditions and provides lower tailpipe emissions in comparison with conventional three–way conversion catalysts.

The team consisted of ECMS scientists Xiaolai Zheng and Pat Burk (retired), along with HCC scientists Jinwoo Song and Jun Lee.

“By integrating a NOx trap functionality to a TWC catalyst, the new TWC–NT technology substantially reduces emissions of NOx and other toxic species from the tailpipe,” said Xiaolai Zheng, Principal Scientist for New Automotive Catalyst Technologies at ECMS.

“As a benefit, carmakers can calibrate gasoline–powered passenger vehicles with more frequent fuel cuts for a better fuel economy, which also means lower CO2 emissions during the vehicle operation,” said Jinwoo Song, Vice President and Head of RD&A, HCC.

“This technology was well–received by our customers because it filled a critical need in the market,” said Saeed Alerasool, Senior Vice President, Research, Development and Application at ECMS. “We are fortunate to have the best technical minds in the industry working on helping our customers meet ever more strict emissions regulations and achieve high fuel efficiency. This award is a testament to their hard work and dedication to innovating every day and we could not be prouder of the team.”

The Research & Development Council of New Jersey established the Edison Patent Award to honor Thomas Edison’s legacy and to use his name to honor New Jersey inventors and the research organizations that drive innovation and continue to position New Jersey as a global innovation hub. This recognition program is a part of the Council’s mission to collaborate among industry, academia and government to grow and strengthen STEM in education, innovation and the economy.

About BASF Environmental Catalyst and Metal Solutions

Leveraging its deep expertise as a global leader in catalysis and precious metals, BASF Environmental Catalyst and Metal Solutions (ECMS) serves customers in many industries including automotive, aerospace, indoor air quality, semiconductors, and hydrogen economy, and provides full loop services with its precious metals trading and recycling offering. With a focus on circular solutions and sustainability, ECMS is committed to helping our customers create a cleaner, more sustainable world. Protecting the elements of life is our purpose and this inspires us to ever–new solutions. ECMS operates globally in 16 countries with over 4,500 employees and 21 production sites.

About BASF 

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €68.9 billion in 2023. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com. 

About Heesung Catalysts Corporation

Heesung Catalysts Corporation (HCC), a distinguished leader in catalyst and material technology, is driving forward with advanced solutions that improve air quality and reduce greenhouse gas emissions. With a focused commitment to supporting the global shift towards a carbon–neutral economy, HCC is solidifying its role in promoting environmental sustainability. Leveraging extensive expertise and experience, HCC provides tailored solutions across key industries, including automotive, maritime, semiconductors, petrochemicals, and the hydrogen value chain. The company's headquarters in the Republic of Korea is home to over 550 professionals dedicated to pushing the boundaries of research, development, and production innovation. Guided by the clear vision of becoming a prominent leader in eco–friendly technology, HCC is committed to delivering sustainable, high–performance solutions that meet the demands of various industries, reaffirming its leadership in the green technology sector.

Media Relations Contact
Joy Zhang
Phone: +86 19121028317
Email: joy.zhang@basf–catalystsmetals.com 		          Additional Contact
Joe Plahutnik
Phone: +1 7324289602
Email: joseph.plahutnik@basf–catalystsmetals.com 
     

A video accompanying this release is available at the following link:
https://www.globenewswire.com/NewsRoom/AttachmentNg/4ee2f02e–4195–4300–8d48–1ba42091ac45


GLOBENEWSWIRE (Distribution ID 9278678)

The Next Step in the Evolution of the Dormer Pramet Brand

CHICAGO, Sept. 09, 2024 (GLOBE NEWSWIRE) — Dormer Pramet is proud to announce the unveiling of our redefined brand identity at IMTS 2024, marking the beginning of a new era for our company. Visitors to our booth will experience first–hand the fresh visual identity and innovative products that reflect our commitment to simplifying messages and enhancing user experiences.

Certainty at Every Turn: Our new brand promise underscores our dedication to delivering reliable product performance and simple, easy experiences for our customers. This theme resonates through our entire repositioning effort, ensuring that every interaction with Dormer Pramet is dependable and trustworthy.

Key Highlights of the New Brand Identity:

  • Unified Global Master Brand: Dormer and Pramet brands are now united under the global master brand, Dormer Pramet, to create a clearly defined space in the market, simplifying product groupings and enhancing customer value. Miranda and Precision will remain within the Dormer Pramet’s portfolio as national hero brands.
  • New Visual Identity: Our updated corporate identity, includes a refreshed visual style that will be rolled out across our website, packaging, and various touchpoints.
  • New packaging: Starting January 2025, all packaging will transition to grey, with our new brand identity. By making our packaging grey, it means that it can be more easily recycled at the end of life.
  • Our commitment: Reflecting our core values, we are dedicated to being collaboratively curious, activating ideas, doing the right thing, and going the extra mile for our customers.

At Dormer Pramet, we care deeply about the manufacturing community. This dedication to supporting our growth and resilience is embedded in our brand values and is reflected in our commitments.

Visitors at IMTS 2024 Can Expect:

  • Innovative Product Displays: Experience our latest cutting tools and solutions designed to improve performance and reduce operational costs.
  • Interactive Demonstrations: Engage with our experts to understand how our products and solutions can benefit your specific applications.
  • Storytelling and Engagement: Learn about our brand values and behaviors through powerful storytelling that highlights our dedication to collaboration, innovation, and customer success.

During this new era of Dormer Pramet we are focused on delivering certainty to our customers. We want customers to be certain they will get a quality tool, certain they can get the information they need quickly, and certain that we will be there for them to find a solution to their tooling problem.

About Dormer Pramet:  
Dormer Pramet is a global manufacturer and supplier of tools for the metal cutting industry. It is a part of the Sandvik Group, a global, high–tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining, and infrastructure industries. Dormer Pramet’s comprehensive product program encompasses both rotary and indexable drilling, milling, threading, and turning tools for use in a wide variety of production environments. An extensive sales and technical support service operates from 20 offices, serving more than 100 markets worldwide. These are assisted by dedicated production facilities in Europe, Americas and Asia, along with an advanced distribution and logistics network.

For media inquiries, reach out to the email address communications@dormerpramet.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ab6fb091–001f–428b–9f39–6d42a37f0ff8


GLOBENEWSWIRE (Distribution ID 9226609)

La prochaine étape dans l’évolution de la marque Dormer Pramet

CHICAGO, 09 sept. 2024 (GLOBE NEWSWIRE) — Dormer Pramet est fier de divulguer notre identité de marque redéfinie lors de l’IMTS 2024, marquant ainsi le début d’une ère nouvelle pour notre entreprise. Les visiteurs qui se rendront sur notre stand découvriront directement la nouvelle identité visuelle et les produits innovants qui reflètent notre engagement visant à simplifier les messages et à améliorer l’expérience utilisateur.

Certainty at Every Turn : représente la nouvelle promesse de notre marque, elle souligne notre engagement à fournir des produits fiables et des expériences simples et faciles à nos clients. Ce thème résonne dans l’ensemble de notre effort de repositionnement et apporte la garantie que chaque interaction avec Dormer Pramet soit porteuse de fiabilité et de confiance.

Les principales caractéristiques de notre nouvelle identité de marque :

  • Unified Global Master Brand : les marques Dormer et Pramet sont désormais réunies sous la marque mondiale, Dormer Pramet, afin de créer un positionnement clair sur le marché, de simplifier le regroupement de produits et d’accroître la valeur pour le client. Miranda et Precision conserveront leur place dans le portefeuille Dormer et Pranet en tant que marques phares nationales.
  • Nouvelle identité visuelle : notre nouvelle identité visuelle ainsi actualisée comprend un style visuel renouvelé qui sera déployé sur notre site web, nos packagings et nos différents points de contact avec les clients.
  • Nouveaux packagings : à partir de janvier 2025 tous les packagings seront habillés de gris, et intégreront notre nouvelle identité de marque. L’adoption de packagings gris signifie qu’ils seront plus aisément recyclés en fin de vie.
  • Notre engagement : reflétant nos valeurs fondamentales, nous sommes déterminés à faire preuve de curiosité, à faire naître des idées nouvelles, à agir correctement et à nous dépasser pour nos clients.

Chez Dormer Pramet, nous sommes très attachés à la communauté industrielle. Cette volonté pour soutenir notre croissance et la résilience est ancrée dans les valeurs de notre marque et se reflète dans nos engagements.

Ce que les visiteurs à l’IMTS 2024 vont découvrir :

  • Présentations de produits innovants : découvrez nos derniers outils de coupe et solutions conçus pour améliorer les résultats et réduits les coûts d’exploitation.
  • Présentations interactives : interagissez avec nos experts pour comprendre comment vos utilisations spécifiques peuvent tirer parti de nos produits et solutions.
  • Récit et engagement : découvrez les valeurs de notre marque et nos actions à travers des récits percutants qui soulignent notre engagement pour la collaboration, l’innovation et la réussite de nos clients.

Dans cette nouvelle ère de Dormer Pramet, nous engageons nos efforts à fournir à nos clients la certitude dont ils ont besoin. Notre volonté est d’apporter à nos clients la certitude de recevoir un outil de qualité, qu’ils puissent obtenir les informations dont ils ont besoin, et leur garantir notre présence à leurs côtés pour trouver une solution à leurs problèmes d’outillage.

À propos de Dormer Pramet :
Dormer Pramet est un fabricant et fournisseur d’envergure mondiale d’outils de coupe des métaux. Il fait partie du groupe Sandvik, un groupe mondial d’ingénierie de pointe qui fournit des solutions visant à améliorer la productivité, la rentabilité et la durabilité pour les industries manufacturières, minières et des infrastructures. La gamme complète de produits Dormer Pramet comprend des outils de forage à indexion rotative, de fraisage, de filetage et de tournage destinés à une utilisation dans une grande variété d’environnements de production. Un service étendu de ventes et support technique opère depuis 20 bureaux, desservant plus de 100 marchés à travers le monde. Ces bureaux sont soutenus par des installations de production dédiées en Europe, en Amérique et en Asie, ainsi que par un réseau de distribution et logistique de pointe.

Pour les demandes presse, veuillez contacter l’adresse suivante : communications@dormerpramet.com

Une photo accompagnant cette annonce est disponible à l’adresse suivante : https://www.globenewswire.com/NewsRoom/AttachmentNg/ab6fb091–001f–428b–9f39–6d42a37f0ff8/fr


GLOBENEWSWIRE (Distribution ID 9227059)

O Próximo Passo na Evolução da Marca Dormer Pramet

CHICAGO, Sept. 09, 2024 (GLOBE NEWSWIRE) — A Dormer Pramet tem o orgulho de apresentar a nova identidade visual da nossa marca na IMTS 2024, marcando o início de uma nova era para a nossa empresa. Os visitantes do nosso estande poderão ver em primeira mão a nova identidade visual e os produtos inovadores que refletem nosso compromisso de simplificar as mensagens e aprimorar as experiências do usuário.

Certeza em Cada Passo: A nossa nova marca ressalta a nossa dedicação em oferecer um produto de desempenho confiável, além de experiências simples e fáceis para nossos clientes. Este tema reflete todo o nosso esforço de reposicionamento, garantindo que todas as interações com a Dormer Pramet sejam confiáveis.

Destaques da Nova Identidade da Marca:

  • Marca Mestre Global Unificada: As marcas Dormer e Pramet agora estão unidas sob a marca mestre global, Dormer Pramet, para criar um espaço claramente definido no mercado, simplificando os agrupamentos de produtos e aumentando o valor para o cliente. Miranda e Precision permanecerão no portfólio da Dormer Pramet como marcas heroicas nacionais.
  • Nova Identidade Visual A nossa nova identidade corporativa tem um estilo visual atualizado a ser implementado no nosso site, embalagens e vários pontos de contato.
  • Nova Embalagem: A partir de janeiro de 2025, todas as embalagens farão a transição para cinza, com a nova identidade da nossa marca. A embalagem cinzenta indica que ela pode ser mais facilmente reciclada no final da sua vida útil.
  • Nosso Compromisso: Representando nossos valores fundamentais, nos dedicamos a ser curiosos de forma colaborativa, ativando ideias, fazendo a coisa certa e indo além para nossos clientes.

Na Dormer Pramet, nos preocupamos profundamente com a comunidade de manufatura. Esta dedicação em apoiar o nosso crescimento e resiliência está incorporada nos valores da nossa marca e refletida nos nossos compromissos.

Os Visitantes da IMTS 2024 Poderão Ver:

  • Exibições de Produtos Inovadores: Veja nossas mais recentes ferramentas e soluções de corte projetadas para aprimorar o desempenho e reduzir os custos operacionais.
  • Demonstrações Interativas: Fale com nossos especialistas para entender como nossos produtos e soluções podem beneficiar suas aplicações específicas.
  • Relatos e Engajamento: Saiba mais sobre os valores e comportamento da nossa marca através de uma forte narrativa que destaca a nossa dedicação à colaboração, inovação e sucesso do cliente.

Durante esta nova era da Dormer Pramet, estamos focados em oferecer segurança aos nossos clientes. Queremos que os clientes tenham certeza de que receberão uma ferramenta de qualidade, certeza de que poderão obter mais rapidamente as informações de que precisam e certeza de que estaremos sempre prontos para que eles encontrem uma solução para seu problema com ferramentas.

Sobre a Dormer Pramet:  
A Dormer Pramet é uma fabricante e fornecedora global de ferramentas para a indústria de corte de metais. Ela faz parte do Grupo Sandvik, um grupo global de engenharia de alta tecnologia que fornece soluções que aumentam a produtividade, lucratividade e sustentabilidade para os setores de manufatura, mineração e infraestrutura. O programa abrangente de produtos da Dormer Pramet abrange ferramentas de perfuração, fresagem, rosqueamento e torneamento rotativas e indexáveis para uso em uma ampla variedade de ambientes de produção. Um extenso serviço de vendas e suporte técnico opera a partir de 20 escritórios, atendendo a mais de 100 mercados em todo o mundo. Estes são assistidos por instalações de produção dedicadas na Europa, Américas e Ásia, juntamente com uma rede avançada de distribuição e logística.

Para perguntas da mídia, envie email para communications@dormerpramet.com

Foto deste comunicado disponível em https://www.globenewswire.com/NewsRoom/AttachmentNg/ab6fb091–001f–428b–9f39–6d42a37f0ff8/pt 


GLOBENEWSWIRE (Distribution ID 9227059)