SEC Receives Complaints From 432 Investors Filed Against Hycroft Mining Holding Corp HYMC And Former CFO Stephen Jones

This 29 chapter book was sent to the SEC on September 21, 2020 and is now available for download by the public. The must see table of contents is found at the bottom of this news release.

This 29 chapter book was sent to the SEC on September 21, 2020 and is now available for download by the public. The must see table of contents is found at the bottom of this news release.

Investors were left with no choice but to compile a 29 chapter book exposing all to the SEC about management's vile step by step plan to wipe out shareholders.

With the recent resignations of Randy Buffington, CEO, and Stephen Jones, CFO, it begs the question: did they exit their positions to escape the coming spotlight?”

— Warrant Holders Group

NEW YORK, NEW YORK, UNITED STATES, September 30, 2020 /EINPresswire.com/ — On Monday, September 21, 2020 a complaint was received at the U.S. Securities and Exchange Commission revealing the mistreatment of Hycroft investors, specifically the Warrant Holders Group, HYCTW, currently HYMCZ, the previous Allied Nevada Gold Corp shareholders, claiming that among other wrongdoings, Hycroft was acting in bad faith when the company originally issued the approximately 12.7M Seller Warrants back in March of 2015 with Stephen M. Jones being responsible for the recent actions unjustly taken against warrant holders that if not restored will cause investors to lose over $608 million dollars.

The complaint states that the bankruptcy court documents allow warrant holders the right to purchase up to 17.5% of the new common stock with all anti-dilution protections and that Hycroft has not honored the contract. Included are a list of wrongdoings, of which #1 and #3 reveal that Hycroft, as of today, has allocated only 3.6%, just a tiny fraction of the total percentage granted by the bankruptcy proceedings.

The complaint goes on to state that when Hycroft filed for bankruptcy the company offered no relief to shareholders, attempting to wipe out investors' entire capital under the protections of the bankruptcy laws in one single blow, with investors having to fight back in order to receive warrants.
Warrant holders have been patiently waiting for five years to receive this relief and now that Hycroft has been acquired investors find management yet again dealing with them in bad faith.

Investors are now being told to hand over even more capital and to the same individuals responsible for extinguishing their prior shares, being told that in order to receive a single share investors must pay a blatantly outrageous strike price of $44.82 and give up 3.96 warrants, wiping out approximately 75% of all warrants and leaving investors over $30 out-of-the-money, effectively deeming their $608 million dollar investment worthless.

The total amount extra equates to a massive $143M (3,210,213 shares * 44.82 strike price = $143,881,746). For this same, $44.82, that gives investors the right to receive only one share, the public can currently purchase on the open market about four HYMC shares, an outright insult to investors.

It goes on to say that warrant holders should actually be receiving the majority of the stake in the company going forward, or at least a strike price of $0 and a warrant to share ratio of 1:1 because they are the class who bought all of its assets, including the mill components, with the last of the public offerings being announced just 3 months prior to the bankruptcy.

The complaint also explains several other shady dealings with it’s investors revealing that Hycroft management was against shareholders even prior to filing for bankruptcy as evidenced by writing off $430 million dollars in mill expansion impairments and then justifying this write off by claiming that the company was not going to expand the mine, when just 11 working days before announcing the bankruptcy, the company was found to apply for expansion permits to the Division of Environmental Protection, requiring that this $430 million dollar write-off be credited back to shareholders but never was.

Warrant holders can not help but question, “How is it possible that the group of investors who raised the most money would be allocated the fewest number of shares, just 3.2 million out of 87.5M total, with the highest strike price and be forced to give up the most warrants to receive a single share far out-of-the-money, when in comparison, new investors, who invested much less, received a much lower strike price, currently profitable, with a warrant to share conversion of 1:1?” The latter of which already had its assets previously paid for by the warrant holders who ironically currently hold worthless investments.

Will the newly appointed President, CEO & Director Diane R. Garrett, be the first president of Hycroft to finally do what is right without investors having to fight back or will she too follow in the footsteps of her predecessors?

The recently published 29 chapter book, outlined in Wrongdoing #4 of the SEC complaint, reveals, step by step, management’s entire plan from the beginning to wipe out shareholders, including the parties involved, why they specifically sought out Stephen Jones for CFO and not someone else, why bondholders came into the picture exactly when they did, and much more. This information is hardly believable but is all documented and date stamped for the reader to verify.

The information in this book proves, without a doubt, that the Hycroft mine belongs entirely to warrant holders and therefore, investors should be holding shares, not worthless warrants. The book, prepared specifically for the SEC, titled, “Management’s Step By Step Plan to Take the Hycroft Mine From Shareholders”, is now available for download from any of the following four servers:

The must see table of contents is found at the bottom of this news release.

https://bit.ly/download-book-server-1 | https://bit.ly/download-book-server-2
https://bit.ly/download-book-server-3 | https://bit.ly/download-book-server-4

If the company does not proactively resolve this matter in a timely manner, all HYCTW warrant holders, currently HYMCZ as of September, 1st, 2020, are encouraged to do what is necessary, using all evidence in the above mentioned book, to force Hycroft to provide relief to warrant holders, pursuing by law, including and up to criminal charges pressed against the board of directors, both current and former management, along with the Allied Nevada bondholders, the three offshore hedge funds, and the one limited partnership that used the illegal offering of 21.5 million shares to cover their short positions.

Warrant holders are requested to not accept any settlement offers and investors are requested to not purchase HYMC shares until this matter is resolved.

If you are a HYMCZ warrant holder you are encouraged to:

1. Join the bulk email list to receive the latest updates.

2. Add yourself to the current SEC complaint with 432 other investors.

Jordan Darga
Warrant Holders Group www.warrantholdersgroup.com
+1 407-494-0143
email us here


Source: EIN Presswire

Hydraulic Equipment Market is Expected to Reach $51,653.1 million by 2027, Grows at 3.8% CAGR

Hydraulic Equipment

Hydraulic Equipment

Global Hydraulic Equipment Market 2020-2027: Advanced Technologies & Growth Opportunities by Industry Expert

PORTLAND, OREGON, UNITED STATES, September 30, 2020 /EINPresswire.com/ — Global hydraulic equipment market size accounted for $40,518.6 million in 2019, and is expected to reach $51,653.1 million by 2027, registering a CAGR of 3.8% from 2020 to 2027. In 2019, Asia-Pacific dominated the global hydraulic equipment market, in terms of revenue, accounting about 35.7% share of the global hydraulic equipment industry, followed by North America and Europe.

Hydraulic equipment are operated by using liquid fluid as working medium. Hydraulic liquid is pumped into the machine, and is pressurized considering the resistance by cylinders and motors. The valves control the flow of liquids, and the liquid is further distributed through pipes, hoses, or tubes. These equipment are simple to operate, safe, and reliable irrespective of variable speed.

Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/6899

Rise in adoption of mechanized agricultural activities and increase in industrialization are the major driving factors of the global hydraulic equipment market. However, replacement of hydraulic equipment with electro-mechanical systems has restrained the growth of the market. On the contrary, rise in awareness toward the use of energy-efficient hydraulic equipment is anticipated to offer remunerative opportunities for the expansion of the global market during the forecast period.

The growth of the global hydraulic equipment market is driven by atomization of activities in agriculture, construction, mining, packaging, and other manufacturing industries, which fuel the demand for hydraulic equipment. Machines such as cranes, loaders, bulldozer, tractors, and harvester use motors, pumps, cylinders, and valves for their operations. However, electro-mechanical equipment are being preferred by some customers, as they are maintenance-free due to fluid and oil free operation.

In addition, COVID-19 pandemic has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact for market growth all over the year. The industrial equipment and machinery industries are struggling with immediate impact owing to the disruption in both manufacturing and supply chain operations. On the contrary, manufacturers are offering new and advanced hydraulic equipment to customers with more stability and safety.

For Purchase Enquiry@ https://www.alliedmarketresearch.com/hydraulic-equipment-market/purchase-options

Region wise, the hydraulic equipment market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, Denmark, Italy, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key Findings Of The Study
• By application, the industrial segment was the highest revenue contributor in 2019.
• On the basis of end user, the mining & construction segment generated the highest revenue in 2019.
• Depending on product, the cylinder segment was led the market in 2019.
• Region wise, Asia-Pacific garnered the largest market share in 2019, followed by North America and Europe.

Get detailed COVID-19 impact analysis on the Diesel Generator Market@ https://www.alliedmarketresearch.com/request-for-customization/6899?reqfor=covid

The key players analyzed in the global hydraulic equipment market are Daikin Industries Ltd., Danfoss A/S, Eaton, Emerson Electric Co., Kawasaki Heavy Industries Ltd., Komatsu Ltd., Parker-Hannifin Corp., Robert Bosch GmbH, Siemens AG, and Wipro Limited.

Similar Reports:

Hydraulic Tools Market @ https://www.alliedmarketresearch.com/hydraulic-tools-market

Heat Pump Market @ https://www.alliedmarketresearch.com/heat-pump-market

Fuel Cell Market @ https://www.alliedmarketresearch.com/fuel-cell-market

Heavy-duty Pumps Market @ https://www.alliedmarketresearch.com/heavy-duty-pumps-market

David Correa
Allied Analytics LLP
+ +1 800-792-5285
email us here
Visit us on social media:
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Source: EIN Presswire

SkyPower et la SNEL SA Annoncent un PPA Solaire de 1,000MW

Gauche à droite: le Président de la République Démocratique du Congo, Félix Tshisekedi, Charles Cohen, Directeur Commercial de SkyPower Global, Kerry Adler, Président et Président-Directeur Général de SkyPower Global

SkyPower et la République Démocratique du Congo, Société Nationale d’Électricité (SNEL), Annoncent la signature d'un PPA historique de 1,000MW

Mon engagement présidentiel est d’améliorer nos taux d'électrification grâce aux énergies renouvelables en forgeant des partenariats avec des entreprises de classe mondiale comme SkyPower”

— Le Président de la République Démocratique du Congo, Félix Tshisekedi

KINSHASA, LA RéPUBLIQUE DéMOCRATIQUE DU CONGO, September 29, 2020 /EINPresswire.com/ — SkyPower, un développeur et opérateur mondial de projets solaires à grande échelle, et un leader reconnu et défenseur de la durabilité, aux côtés de la Société Nationale d'Électricité (SNEL SA), de la République Démocratique du Congo, a annoncé aujourd'hui la signature d'un accord historique d'achat d'électricité de 1,000MW, dans le cadre d'un PPP entre la RDC et SkyPower Green Giant (Public Private Partnership).

L'un des premiers du genre en RDC, cet accord représente une étape importante dans la vision et la stratégie du président Félix Tshisekedi, axée sur l'augmentation de la production d'énergie propre et renouvelable dans un effort pour accroitre le taux d'électrification (de 16% à environ 30% sur la prochaine décennie) et en utilisant l'énergie propre comme catalyseur éprouvé pour la création d'emplois et le développement économique substantiels. Cela devrait se traduire par environ 2,3 milliards de dollars américains de relance du PIB de la RDC et la création d’environ 30,000 (années) d’emplois.

Le projet RDC "Green Giant" démontre en outre l'engagement du président Tshisekedi en faveur de l'action climatique. Il contribue à la poussée mondiale vers les engagements de la RDC à atteindre les objectifs de développement durable des Nations Unies. "La population croissante de la RDC est l'une des plus importantes d'Afrique subsaharienne. Avec une croissance aussi forte, les besoins en infrastructures, en éducation, en santé et en services sociaux augmenteront, et l'accès à l'énergie est essentiel pour répondre à ces besoins. Mon engagement présidentiel est d’améliorer nos taux d'électrification grâce aux énergies renouvelables en forgeant des partenariats avec des entreprises de classe mondiale comme SkyPower, avec lesquelles nous sommes impatients de travailler et de grandir dans les années à venir ", a déclaré le président de la République Démocratique du Congo, Félix Tshisekedi.

Le ministre des Finances, José Sele Yalaghuli, a souligné : "Le Green Giant – RDC en tant que projet conçu à travers un PPP avec SkyPower, pour fournir une contribution estimée à 2,3 milliards de dollars au PIB du pays est un accélérateur pour la création de nouveaux emplois, et servira d'exemple pour d'autres Investisseurs Étrangers cherchant à investir dans le développement des infrastructures historiques en RDC."

"La mission et l’engagement de la SNEL SA en faveur de l’électrification et du développement économique de notre pays en fournissant une énergie renouvelable significative sont conformes aux objectifs de développement durable. Le PPP avec SkyPower démontre l’attention de la SNEL à répondre aux besoins énergétiques du pays et à assurer l’approvisionnement requis par le principal fournisseur mondial. Nous sommes ravis d'avoir conclu un accord sur ce partenariat historique ", a déclaré Jean-Bosco Kayombo Kayan, directeur général de la SNEL SA.

"Aujourd’hui est un jour de fierté pour SkyPower et la République Démocratique du Congo, car ensemble, nous avons créé un PPP qui se traduira par environ 30,000 (années) d'emplois, stimulant la croissance économique et le développement, dans le cadre des efforts de relance après la pandémie de Covid-19. Le solaire est la forme d'énergie renouvelable qui connaît la croissance la plus rapide et présente un énorme potentiel pour permettre à la RDC d'atteindre ses objectifs», a déclaré Charles Cohen, directeur commercial de SkyPower Global.

"Je voudrais exprimer ma plus sincère gratitude aux dirigeants de la RDC et tiens a souligner la contribution inestimable de l’influent Conseiller Special aux Investissements, Mr. Jean-Claude Kabongo. Des le depart il y a un peu plus d’un an, son leadership et son implication dans tous
les aspects de ce projet historique ont eu un impact tangible sur la concretisation du PPA", a ajouté Cohen.

Le ministre Eustache Muhanzi Mumbembe, des Ressources hydrauliques et de l’électricité, a souligné que "Cet accord historique démontre encore l’engagement de notre gouvernement à apporter une puissance importante pour répondre à la demande énergétique de la nation. Le partenariat "Green Giant" entre SkyPower et la SNEL SA est un exemple significatif des actions décisives de notre ministère conformément à la stratégie du gouvernement visant à augmenter les taux d'électrification et à respecter nos engagements."

Le ministre des Affaires foncières, Molendo Sakombi, a ajouté que "Ce partenariat public-privé historique souligne davantage la vision de notre gouvernement et son engagement ferme à attirer les investissements étrangers directs, comme l'a déclaré notre président à la 75e Assemblée générale des Nations Unies. L’action climatique et la construction d'une économie verte n'est pas simplement une nécessité, mais un devoir urgent. "

Soulignant la vision et la détermination du président Tshisekedi, Kerry Adler, Président et Président-directeur général de SkyPower, a souligné la reconnaissance par le gouvernement de la RDC de la puissance de l'énergie solaire, " Une énergie véritablement distribuée qui sert de catalyseur à de nouveaux emplois, à la croissance économique, et l'un des plus grands espoirs de l'humanité dans la lutte contre le changement climatique. Notre accord historique est un autre symbole des nations avant-gardistes comme la RDC, qui sont déterminées à assurer un avenir plus brillant et plus résilient. "

À propos de SkyPower Global

SkyPower a gagné la reconnaissance mondiale en tant que l'un des producteurs d'électricité indépendants les plus importants et les plus prospères qui développe, finance, construit, possède et exploite des projets d'énergie renouvelable à grande échelle à travers le monde.

L'équipe accomplie de SkyPower a construit, assemblé et acquis un vaste pipeline de plus de 25 GW dans le monde, dont certains dans le cadre d'accords bilatéraux et d'attribution de contrats, qui seront construits au Moyen-Orient, en Afrique, en Asie du Sud-Est et en Asie centrale au cours des prochaines années.

SkyPower a obtenu plus de 30 contrats d'achat d'électricité (PPA), qui, au total, représentent des milliards de dollars de ventes d'énergie renouvelable à long terme aux principaux services publics et gouvernements du monde entier.

SkyPower est détenue majoritairement par CIM, un gestionnaire de fonds d'immobilier et d'infrastructure urbains transformateurs. Depuis 1994, CIM a cherché à créer de la valeur dans des projets et à avoir un impact positif sur la vie des gens dans les communautés à travers les Amériques en réalisant plus de 60 milliards de dollars de projets immobiliers et d'infrastructure essentielle.

SkyPower est détenue majoritairement par CIM, un gestionnaire de fonds d'immobilier et d'infrastructure urbains transformateurs. Depuis 1994, l'ICM a cherché à créer de la valeur dans les projets et à avoir un impact positif sur la vie des gens dans les communautés à travers les Amériques en réalisant plus de 60 milliards de dollars de projets immobiliers et d'infrastructure essentiels. www.cimgroup.com

SkyPower Global: www.skypower.com Courrier électronique: executiveteam@skypower.com

À propos de la SNEL SA

La Société Nationale d’Electricité, SNEL SA a pour mission de produire, transporter, distribuer et commercialiser l’énergie électrique sur toute l’étendue de la République Démocratique du Congo et dans la sous région (au niveau des trois pôles énergétiques PEAC, SAPP et EAPP).SNEL SA exploite seize (16) centrales hydroélectriques (puissance installée 2.592 MW), plusieurs réseaux de transport (Ouest, Sud et Est) ainsi que les plus grands réseaux de distribution de la République Démocratique du Congo.

La SNEL SA: www.snel.cd

Pour entrevues ou information complémentaire, veuillez contacter:

Maria Vorobieva
mariav@skypower.com
+1 (416) 823 7585

Shamini Selvaratnam
shaminis@skypower.com
+1 (202) 660-8499

Hando Kang
handokang@skypower.com
+1 (416) 889-5142

Maria Vorobieva
SkyPower Global
+1 416-823-7585
email us here
Visit us on social media:
Twitter
LinkedIn

Le changement climatique est réel


Source: EIN Presswire

SkyPower and SNEL Announce 1,000MW Solar Power Purchase Agreement

Left to right: H.E. Félix Tshisekedi, President of The Democratic Republic of the Congo, Charles Cohen – Chief Commercial Officer, SkyPower, Kerry Adler- President and Chief Executive Officer, SkyPower

SkyPower and The Democratic Republic of the Congo, Société Nationale d’Electricité (SNEL) Announce Signing of Landmark 1,000MW PPA – Public Private Partnership

My presidential commitment is to improve our electrification rates through renewable energy by forging partnerships with world class companies like SkyPower”

— H.E. Félix Tshisekedi, President, The Democratic Republic of The Congo

KINSHASA, THE DEMOCRATIC REPUBLIC OF THE CONGO, September 29, 2020 /EINPresswire.com/ — SkyPower, a global developer and operator of utility scale solar projects, and a recognized leader and advocate for sustainability, together with the Société Nationale d’Electricité (SNEL), the national energy of The Democratic Republic of the Congo, today announced the signing of a landmark power purchase agreement for 1000 MW, under the framework of a SkyPower Green Giant PPP (Public Private Partnership).

This agreement, one of the first of its kind in the DRC, represents a significant milestone in President Félix Tshisekedi’s vision and strategy, focused on increasing the production of clean and renewable energy in an effort to boost electrification rate (to approximately 30% over the next decade) using clean energy as a proven catalyst for substantial job creation and economic development. This is expected to result in an estimated USD$2.3 Billion in stimulus to DRC’s GDP, and the creation of approximately 30,000 job years.

The DRC Green Giant project further demonstrates President Tshisekedi's commitment to climate action. It contributes to the global push towards DRC's commitments to achieving the UN Sustainable Development Goals. "DRC's growing population is one of the largest in sub-Saharan Africa. With such strong growth, the need for infrastructure, education, health, and social services will increase, and energy access is critical to achieving these needs. My presidential commitment is to improve our electrification rates through renewable energy by forging partnerships with world class companies like SkyPower, whom we look forward to working and growing with in the years ahead", said President of the Democratic Republic of the Congo Felix Tshisekedi.

Minister of Finance, José Sele Yalaghuli described, “DRC Green Giant as a project through a PPP with SkyPower, designed to provide an estimated USD$2.3 billion contribution to the country’s GDP, an accelerator for the creation of new jobs, and will serve as an example for other FDIs seeking to invest in the historic infrastructure development of the DRC.”

“SNEL’s mission and commitment to the electrification and economic development of our country by providing meaningful renewable energy, is in line with the Sustainable Development Goals. The PPP with SkyPower demonstrates SNEL’s focus on addressing the energy needs of the country and ensuring the requisite supply by world leading provider. We are thrilled to have reached an agreement this historic partnership,” stated Jean-Bosco Kayombo Kayan, SNEL Director General.

"Today is a proud day for SkyPower and The Democratic Republic of the Congo as together we have created a PPP that will result in approximately 30,000 job years, driving economic growth and development, as part of the recovery efforts post the Covid-19 pandemic. Solar is the fastest growing form of renewable energy, and presents tremendous potential for powering the DRC towards meet its objectives," said Charles Cohen, Chief Commercial Officer of SkyPower Global. "I would like to express my sincerest gratitude to the leadership of the DRC and to Jean-Claude Kabongo, Special Economic Adviser to the President, who worked tirelessly over the past year in ensuring that SkyPower was able to procure the necessary licenses and that this PPP came to fruition," Cohen added.

Minister Eustache Muhanzi Mumbembe, of Hydraulic Resources and Electricity, highlighted that, “this landmark agreement further demonstrates our Government’s commitment to bring important power to meet the nation’s energy demand. The Green Giant Partnership between SkyPower and SNEL serves as a meaningful example of the decisive actions of our ministry in line with the governments strategy to increase electrification rates and meet our commitments to the sustainable development goals.”

Minister of Land Affairs, Molendo Sakombi added that, “this historic Public-Private-Partnership further highlights our government’s vision and firm commitment to attracting Foreign Direct Investment as stated by our president at the United Nations 75th General Assembly, “climate action and building a green economy is not merely a necessity, but an urgent duty”.

Highlighting the vision and determination of President Tshisekedi, Kerry Adler, President & Chief Executive Officer of SkyPower, acknowledged the recognition by the DRC government of the power of solar energy, “truly distributed power that serves as a catalyzer of new jobs,
economic growth, and one of humanity’s greatest hopes in combating climate change. Our landmark agreement is further symbolic of forward-thinking nations like DRC, who are determined on ensuring a brighter and more resilient future.”

About SkyPower Global

SkyPower has earned the enviable track record and global recognition as one of the largest and most successful independent power producers that develops, finances, builds, owns and operates utility-scale renewable power projects across the globe.

The accomplished SkyPower team has built, assembled and acquired an extensive pipeline of over 25GW worldwide, some of which are in bilateral agreements, and contract awards, to be built in the Middle East, Africa, South East and Central Asia over the coming years.

SkyPower has secured over 30 Power Purchase Agreements (PPA), which in aggregate, represents billions of dollars’ worth of long-term renewable energy sales to leading utilities and governments around the world.

SkyPower is majority-owned by CIM, a transformative urban real-estate and infrastructure fund manager. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. www.cimgroup.com

SkyPower Global: www.skypower.com email: executiveteam@skypower.com

About Société Nationale d’Electricité (SNEL)

The National Electricity Company, SNEL SA's mission is to produce, transport, distribute and market electrical energy throughout the Democratic Republic of the Congo and in the sub-region (at the level of the three energy poles PEAC, SAPP and EAPP). SNEL SA operates sixteen (16) hydroelectric power stations (installed capacity 2,592 MW), several transmission networks (West, South and East) as well as the largest distribution networks in the Democratic Republic of the Congo.

Société Nationale d’Electricité (SNEL): www.snel.cd

SkyPower Global Media Contacts

Maria Vorobieva
mariav@skypower.com
+1 (416) 823 -7585

Shamini Selvaratnam
shaminis@skypower.com
+1 (202) 660-8499

Hando Kang
handokang@skypower.com
+1 (416) 889-5142

Maria Vorobieva
SkyPower
416-823-7585
email us here
Visit us on social media:
Twitter
LinkedIn

Climate Change is Real


Source: EIN Presswire

The Development Partner Institute (DPI Mining) Welcomes Flow Partners as a Supporter

Joining DPI Mining as a Supporter, Flow Partners brings its rich experience in tackling complex challenges through innovation.

CHICAGO, USA, September 29, 2020 /EINPresswire.com/ — The Development Partner Institute (DPI Mining) warmly welcomes Flow Partners as a Supporting company. Sharing a core belief in the power of collaboration, both organisations emphasise an inclusive, whole-of-value-chain approach in tackling complex problems through innovation.

“It is a privilege to welcome on board a progressive, agile company such as Flow Partners as a DPI Supporter,” said Executive Director Wendy Tyrrell. “Under Laura Mottola’s leadership, Flow Partners has achieved real clarity on how people, processes and technology can pull together to make a positive impact in the mining sector. This innovation mindset is a perfect fit with our work here at DPI Mining.”

“Flow Partners is delighted to support the pioneering work that DPI is undertaking,” said Laura Mottola, Flow Partners President and CEO. “We are passionate about transforming the global mining and metals industry through collaborative problem-solving, ideation, and implementation of innovative approaches. We are eager to join DPI’s responsible sourcing coalition and other work related to making mining an important contributor to and beneficiary of the circular economy.”

Together with Heather Gamble, CEO of Women On The Move, Laura Mottola is also co-founder of the Artemis Project, an organization established to accelerate business outcomes for female entrepreneurs in the mining and metals industry.

“Raising awareness and opportunities for collaboration between mining companies and female entrepreneurs helps drive innovation and diversity and increase return on investment for mining companies,” explained Heather Gamble. “We have learned a great deal through the Artemis Project and we are looking forward to bringing our insights and learnings to help enrich and accelerate DPI’s programs of work.”

The two organizations have already identified priority areas for collaboration. DPI’s Responsible Sourcing Coalition (‘RESCO’), which focuses on a whole-of-value-chain approach to sourcing, will benefit significantly from Flow Partners deep experience in the mining sector’s role in the circular economy. DPI’s program focusing on the SDGs and the mining sector in Australia will also be able to draw on lessons learned from the Artemis Project’s work on the SDGs in mining in the Canadian context.
______________

About Flow Partners

Flow Partners is a Value Network of multidisciplinary professionals with extensive mining industry experience across commodities and geographies, open pit and underground, as well as greenfield projects and brownfield operations. We are a global company based in Montreal, Canada, and Santiago, Chile. Our approach is people-centric and focused on developing the internal capability of our client organizations to systemically identify and unlock improvement opportunities. Our Lean Mining® methodology addresses the ore-to-market production system and supporting functions, from the mining face to the customer. We leverage technology appropriately in order to enable a more productive total system, where business integration delivers sustainable performance.

To learn more, visit us at www.flowpartners.com
To learn more about the Artemis Project, visit https://artemisproject.ca

About the DPI

The Development Partner Institute (DPI Mining) exists to catalyze and accelerate the delivery of a new future for the mining sector. We imagine an industry deeply connected to the values of tomorrow’s generation; transparent and fair, equal and inclusive and a genuine partner in global development. We are an international coalition of ambitious leaders from right across the mining sector. Our coalition welcomes communities, companies, governments, suppliers, civil society and anyone else interested in or affected by mining. We are committed to maximizing the contribution of mining to economic and social development. We work together, collaboratively, with stakeholders from across the value chain to advocate for new ways of operating, sparking brave multi-stakeholder conversations on the sector’s toughest challenges, preparing and sharing knowledge and research and catalyzing pilots and demonstrations to deliver the mine of the future.

To learn more, follow us on social media or visit us at www.dpimining.org

Wendy Tyrrell
The Development Partner Institute (DPI Mining)
71 41 77 235
email us here


Source: EIN Presswire

Admission to Trading & First Day of Dealings

Critical Metals PLC

Critical Metals plc is today admitted to the standard segment of the Official List of the FCA & to trading on the main market for listed securities of the LSE

Critical Metals PLC (LSE:CRTM)

Our listing marks a very significant milestone in the Critical Metals story as it provides us with the capital required to advance our strategy to identify & acquire mines in the critical metal sector”

— Russell Fryer

LONDON, ENGLAND, September 29, 2020 /EINPresswire.com/ — This announcement is an advertisement and not a prospectus. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not purchase any transferable securities referred to in this announcement except on the basis of information contained in the prospectus (the "Prospectus") in its final form that is published by Critical Metals plc ("Critical Metals" or the "Company") in connection with the admission of the Company's entire issued share capital to listing on the standard segment of the Official List of the Financial Conduct Authority (the "FCA") and to trading on the main market for listed securities (the "Main Market") of London Stock Exchange plc (the "London Stock Exchange"). This announcement is not an offer to sell, or a solicitation of an offer to acquire, securities in the United States, Australia, Canada, Japan, the Republic of South Africa or in any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.

29 September 2020

Critical Metals plc (“Critical Metals” or the “Company”)

Admission to Trading & First Day of Dealings

Critical Metals plc (‘Critical Metals’ or the ‘Company’), a mining investment company established to target opportunities in the overlooked and under-analysed mining sector, is pleased to announce that following the publication of its Prospectus on 24 September 2020, the Company’s entire issued share capital of 30,300,714 shares will today be admitted to the standard segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange plc.

Dealings will commence at 8.00 a.m. today under the TIDM ‘CRTM’ with ISIN number GB00BJVR6M63 and SEDOL BJVR6M6.

Russell Fryer, CEO of Critical Metals, commented: “Listing today marks a very exciting and significant milestone in the Critical Metals story. It will provide us with the capital required to advance our strategy to identify and acquire brownfield mining opportunities in the strategic metals sector and build value for shareholders, and I look forward to providing further updates as we develop.”

Capitalised terms used in this announcement are as defined in the prospectus published by the Company on 24 September 2020, unless the context otherwise requires.

For further information on the Company please visit www.criticalmetals.co.uk or contact:
Russell Fryer
Critical Metals Tel: +44 (0)207 236 1177

Catherine Leftley / Beth Melluish
St Brides Partners Ltd, Financial PR Tel: +44 (0)207 236 1177

Lucy Williams, Heena Karani
Peterhouse Capital Limited, Placing Agent Tel: +44 (0)207 469 0936 Tel: +44 (0)207 469 0933

About Critical Metals
Critical Metals was formed as an investment company and, upon listing, initially intends to make equity investments into operators or near term production operators within the natural resources development and production sector in the continent of Africa. It is envisaged that such acquisition or acquisitions will trigger a reverse takeover in accordance with the listing rules. The Company intends to search initially for acquisition opportunities in the natural resources sector on known deposits and more specifically minerals that are perceived to have strategic importance to future economic growth. Commodities such as antimony, beryllium, cobalt, copper, fluorspar, gold, rare earth elements, tin, tungsten, titanium, and vanadium have been identified by several governments as “critical minerals” and so guaranteeing supplies is seen as a strategic necessity. The Company therefore believes that the market conditions for these minerals will remain strong in the short-to-long term.

Russell Fryer
Critical Metals PLC
+1 203-340-5633
email us here
Visit us on social media:
Twitter
LinkedIn

Proactive Investors Interview


Source: EIN Presswire

Panoz Galaxy Racing overcomes the harsh track at COTA for First Place and Second Place Victories

Grid Photo

The starting grid at the COTA race in Austin, 2020, with two Panoz race cars ready to roar.

Driver Ian James

Experenced driver Ian James, after his big win at the SRO Austin race.

Tower

The central tower at Course of the Americas in Austin, Texas, during the SRO Tour races, September 2020

Panoz Racing: one of the elite teams in motorsports with an exciting first place finish at SRO in Austin

Galaxy is proud to support the Panoz race team. Their combination of human excellence and split-second reflex, with edge-of-physics technical excellence, is inspiring to witness on the track.”

— Michael North

NEW YORK, NY, USA, September 29, 2020 /EINPresswire.com/ — Panoz Racing proved they are one of the elite teams in their class with an exciting first place finish last Saturday in Austin Texas, in the SRO World Challenge America GT4 race. Circuit of the Americas is a superb yet punishing track that puts high stress on all drivers and their cars, but due to the expert strategy and precision engineering of the team, both Panoz cars were able to perform at the highest level.

“COTA is a track that really suits the Panoz Avezzano,” said veteran driver Ian James.

The Panoz Team had to overcome adversity entering the weekend with the unfortunate loss of one of their core drivers, Preston Calvert, due to injury. In addition to this last-minute change, the #51 car had to be completely rebuilt and re-jigged within a matter of days in preparation for the race in Austin, after damage at the SRO World Challenge America race, held at Road America in Wisconsin. Despite these setbacks, the Panoz team was able to call upon Parker Chase to join Roman DeAngelis in the newly rebuilt #51 car.

“Shout-out to the whole team — having to rebuild the car in such a short time really shows the strength of the team and the organization as a whole,” commented James.

Parker and Roman were extraordinary from the start — battling with two of the top teams in their class, ST Racing and Andretti Autosport. Meanwhile, in the Pro-Am class, the #50 car of Ian James and Matt Keegan finished second in their class behind GMG Racing.

“Both teams drove exceptionally well and executed the strategy to perfection,” stated driver Ian James in a phone interview.

Saturday was another big day for the Panoz Team as the #50 car of Ian James and Matt Keegan finished third-in-class despite an unfortunate mishap in the pits that resulted in a 10-second loss and a chance at a second place podium. Parker and Roman fell victim to the harshness of COTA as the #51 car had to retire three laps after the start of the race due to mechanical issues.

In spite of these setbacks, this was a successful weekend for Panoz Racing. With last weekend’s win under their belt, the team is working diligently to prepare both cars for the legendary Indianapolis Motor Speedway this week, in hopes of ending the season with another win.

Dan Panoz had this to say:

“I am immensely proud of the entire team, first for the extraordinary effort the entire crew put in to get the #51 car back in race shape, as well as the excellent job prepping #50. We salute the brilliant performance by veteran drivers Matt Keegan and Ian James, who brought us the second-place finish in Pro-Am."

"Last but not least, my hat's off to the young guns, Roman de Angelis and Parker Chase, who jointly executed a truly stunning performance for the win in their very first race in the Panoz. And a special hello to long-time Panoz driver and gentleman Preston Calvert, who was sorely missed at this event. Get well soon, Preston!”

"In summary," Panoz added, "I would like to dedicate the 1-2 finishes by the team to the two redheads that made this all possible: my late father, Don Panoz, and Michael North, Chairman of Galaxy Magnesium, our new technical partners and primary Sponsor. And to the entire team at SRO who put on such a great event. It's great to be back!" Galaxy Magnesium is a trade name of Asia-Pacific Group.

The Panoz Team returns to the track at the Indianapolis Motor Speedway, October 1 through 4, 2020. These events will include some public audiences. See https://www.indianapolismotorspeedway.com/

Panoz is active in the SRO Tour series, a world leader in presenting the art, science and thrill of competitive racing at the highest competitive levels. See http://www.sro-motorsports.com.

Panoz Racing and Panoz Engineering are pioneers in innovative automotive design. The company builds beautiful, powerful cars at their facility in Georgia, and participates successfully n the most challenging competitive races in the world. See http://www.panoz.com. For more information, please contact info@panoz.com

Galaxy Magnesium is this year's primary sponsor of the Panoz team, and is progressively designing magnesium alloys for their vehicles as a powerful way of lightweighting. A joint company has been formed with Panoz, called Galaxy Motion. See http://www.galaxymagnesium.com For more information, please contact business@galaxymagnesium.com

Michael North
Asia-Pacific Group
+1 323-422-9602
email us here
Visit us on social media:
LinkedIn

The people of Panoz Racing and Galaxy Magnesium, at the races in Austin.


Source: EIN Presswire

Coke Market 2020 Major Manufacturers Analysis And Industrial Applications Forecasts To 2024

WiseGuyReports.com Publish A New Market Research Report on –“ Coke Market 2020 Major Manufacturers Analysis And Industrial Applications Forecasts To 2024”.

PUNE, MAHARASTRA, INDIA, September 28, 2020 /EINPresswire.com/ —
Coke Market 2020

Summary: –

Coke is made by destructive distillation of a blend of selected Bituminous coals (called Coking coal or Metallurgical coal) in special high temperature ovens in the absence of oxygen until a greater part of the volatile matter is driven off.

Scope of the Report:

The Coke industry is held by China, India and Japanese companies. China became the biggest producer and exporter of metallurgical coke many years ago. China has the world's largest steel output. As a result, China has become the world's largest consumer.
China has the world's largest coke production capacity, also the most manufacturers, industry concentration is very low. Because the downstream customers are relatively single, mostly for contract manufacturing.

However, as the global demand for metallurgical coke is declining, which indirectly results in the price of metallurgical coke dropping. Especially in 2015, it mainly affected by the declining downstream steel industry market. Manufacturers have long been in a negative profit position. However, with the 2017 steel market picking-up. The increase in downstream demand led to a rebound in market prices.

Get a Free Sample Report @ https://www.wiseguyreports.com/sample-request/3845583-global-coke-market-2019-by-manufacturers-regions-type

For more information or any query mail at sales@wiseguyreports.com

Major Key Players Included in This Report are:-

ArcelorMittal
Nippon Steel & Sumitomo Metal
POSCO
Tata Steel
SunCoke Energy
JSW Group
United States Steel
BlueScope
ABC Coke
Gujarat NRE Coke
Hickman, Williams & Company
Mid-Continent Coal and Coke Company
Haldia Coke
Baosteel
Ansteel
Wisco
Risun
Sunlight Coking
Taiyuan Coal Gasfication
Shanxi Coking Coal
Lubao-Group
Jiangxi BLACKCAT Carbon Black

The Coke market report provided here is a comprehensive analysis of current trends associated with the industry. It provides a precise yet factual overview for a greater understanding of the concerned market, its product segments, and the range of applications associated with the same. The report also covers various kinds of methods and technicalities used for manufacturing purposes. All these aspects provide a deep insight into the complexities associated with the international Coke market.

This report has been prepared by market specialists carrying immense experience in terms of understanding the market trends, especially in the key domains. Alongside this, the report also analyses the prospects of the global Coke market in accordance with the studies conducted regarding price margin. This takes the risk factors in to account as well dealt with by the manufacturers in this market. Apart from this, the report provides a thorough understanding of various dynamics having a significant effect on global Coke market. On a whole, the report provides a thorough analysis of the current market scenario and also forecasts its state during the forecasted year of 2019, taking the base year as 2024.

Driving factors and threats of Coke Market Volume

Apart from understanding the basic factors contributing towards the growth of the Coke market, the report also analyses the various kinds of volume trends, including their past of pricing, as well as the market worth. The report studies various kinds of possible growth factors, challenges, and scopes associated with a detailed study of the international Coke market.

Regional Analysis of Coke Market

The report not just analyses the state of Coke market at international level but also at the regional level. Putting close insight into the domains where the market is established, the report studies the market state in parts of the world, including Middle East &; Africa, Europe, Latin America, Asia Pacific, and North America. All these domains are studied in accordance with the ongoing trends, along with the prospects contributing towards the growth of market in future.

Research methodology of Coke Industry

With an intention of providing analytic detail of global Coke market, the report has been prepared upon doing thorough research. Here the research methodology is followed as per the different parameters set as per Porter’s Five Force Model. In addition, the experts of data also take SWOT into account, as per which the report provides exclusive detail regarding the state of Coke market.

Enquiry About Report @ https://www.wiseguyreports.com/enquiry/3845583-global-coke-market-2019-by-manufacturers-regions-type

Table of Contents – Major Key Points

1 Market Overview
…..

2 Manufacturers Profiles
2.1 ArcelorMittal
2.1.1 Business Overview
2.1.2 Coke Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 ArcelorMittal Coke Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 Nippon Steel & Sumitomo Metal
2.2.1 Business Overview
2.2.2 Coke Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Nippon Steel & Sumitomo Metal Coke Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 POSCO
2.3.1 Business Overview
2.3.2 Coke Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 POSCO Coke Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 Tata Steel
2.4.1 Business Overview
2.4.2 Coke Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Tata Steel Coke Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 SunCoke Energy
2.5.1 Business Overview
2.5.2 Coke Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 SunCoke Energy Coke Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)

Continued…

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NOTE : Our Team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

ABOUT US:

Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.

Norah Trent
wiseguyreports
646 845 9349 / +44 208 133 9349
email us here


Source: EIN Presswire

Critical Metals plc – Publication of Prospectus, Admission to Trading on the London Stock Exchange & Placing

Critical Metals PLC – focusing on metals that are important to economic & technological growth

#CTRM publishes a Prospectus relating to admission of shares to trade on Standard segment of the Main Market of the #LSE

Critical Metals PLC (LSE:CRTM)

I am delighted to be able to announce the publication of our prospectus which marks the next step in Critical Metals’ listing process.”

— Russell Fryer

LONDON, UNITED KINGDOM, September 24, 2020 /EINPresswire.com/ — Critical Metals plc (“Critical Metals” or the “Company”)

Publication of Prospectus, Admission to Trading on the London stock Exchange and Placing

24 September 2020

Critical Metals plc (‘Critical Metals’ or the ‘Company’), an investment company targeting acquisition or acquisitions of equity interests and debt interests within the natural resources development and production sector in the continent of Africa, is pleased to announce that it has today published a prospectus (the ‘Prospectus’) which has been approved by the FCA relating to the admission of 30,300,714 Ordinary Shares of £0.005 each to listing on the standard segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange (together, the ‘Admission’).

In addition, the Company is pleased to announce that Peterhouse has raised £800,000 (gross) conditional upon Admission, pursuant to a placing (the ‘Placing’) of 16,015,000 ordinary shares (‘Placing Shares’) at price of 5 pence per Placing Share.

Following the issue of the Placing Shares, which represent approximately 112% of the Company's existing issued ordinary share capital and approximately 53% of the issued share capital of the Company as enlarged by the Placing, the Company will have 30,300,714 Ordinary Shares in issue.

Application has been made for the Admission which is expected to occur at 8.00am on 29 September 2020 under the TDIM ‘CRTM’. The Company’s ISIN will be GB00BJVR6M63 and its SEDOL BJVR6M6.

The Prospectus will be made available by the Company today, on its website www.criticalmetals.co.uk and will also be submitted to the National Storage Mechanism.

Russell Fryer, CEO of Critical Metals, commented: “I am delighted to be able to announce the publication of our prospectus which marks the next step in Critical Metals’ listing process.

“I believe that we have an opportunity to take advantage of the growing demand for critical metals, by identifying near-term brownfield, cash flow deposits and bringing them into production. We have an experienced team with a successful record of similar transactions and look forward to becoming a public company and accelerating our ambitious growth plans.”

For further information on the Company please visit www.criticalmetals.co.uk or contact:

Russell Fryer Critical Metals Tel: +44 (0)207 236 1177
Catherine Leftley / Beth Melluish St Brides Partners Ltd,Financial PR Tel: +44 (0)207 236 1177
Lucy Williams / Heena Karani Peterhouse Capital Limited, Corporate Broker Tel: +44 (0)207 469 0936
Tel: +44 (0)207 469 0933

About Critical Metals

Critical Metals was formed as an investment company and, upon listing, initially intends to make equity investments into operators or near term production operators within the natural resources development and production sector in the continent of Africa. It is envisaged that such acquisition or acquisitions will trigger a reverse takeover in accordance with the listing rules. The Company intends to search initially for acquisition opportunities in the natural resources sector on known deposits and more specifically minerals that are perceived to have strategic importance to future economic growth. Commodities such as antimony, beryllium, cobalt, copper, fluorspar, gold, rare earth elements, tin, tungsten and vanadium have been identified by several governments as “critical minerals” and so guaranteeing supplies is seen as a strategic necessity. The Company therefore believes that the market conditions for these minerals will remain strong in the short-to-long term.

Forward-looking statements

Certain statements in this announcement constitute ''forward-looking statements''. Forward-looking statements include statements concerning the plans, objectives, goals, strategies and future operations and performance of the Company and the assumptions underlying these forward-looking statements. The Company uses the words ''anticipates'', ''estimates'', ''expects'', ''believes'', ''intends'', ''plans'', ''may'', ''will'', ''should'', and any similar expressions to identify forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the Company's actual results, performances or achievements to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. These forward-looking statements speak only as at the date of this announcement. The Company is not obliged, and does not intend, to update or to revise any forward-looking statements, whether as a result of new information, future events or otherwise except to the extent required by any applicable law or regulation. All subsequent written or oral forward-looking statements attributable to the Company, or persons acting on behalf of the Company, are expressly qualified in their entirety by the cautionary statements contained throughout this announcement. As a result of these risks, uncertainties and assumptions, a prospective investor should not place undue reliance on these forward-looking statements

Russell Fryer
Critical Metals PLC
+1 203-340-5633
email us here
Visit us on social media:
Twitter


Source: EIN Presswire

Concrete Fibers Market to Reach US$ 1,649.9 Mn by 2026

Global Concrete Fibers Market was valued at US$ 963.8 Mn in 2017. Concrete Fibers Market is anticipated to expand at a CAGR of 6.2% from 2018 to 2026

ALBANY, NY, USA, September 24, 2020 /EINPresswire.com/ — The global concrete fibers market was valued at US$ 963.8 Mn in 2017 and is anticipated to expand at a CAGR of 6.2% from 2018 to 2026, according to a new report titled ‘Concrete Fibers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) The global concrete fibers market is driven by the rise in building and construction activities across the globe.

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Rising Demand for Concrete Fibers from Building & Construction Industry to Drive Market

The global concrete fibers market is primarily driven by advancements in the building & construction industry. The building & construction segment is estimated to account for a large share of the market. The segment is also anticipated to expand at a considerable growth rate during the forecast period. Steel and glass concrete fibers are primarily used in building and construction activities. Glass fibers are used for architectural cladding. Steel fibers are used to build various transportation infrastructures such as tunnels, bridges, and roads, as these provide higher strength as compared to other fibers. The construction industry in the U.S. is estimated to expand at a faster pace than that in China in the next 15 years. Construction is projected to rise in the southern states in the U.S.

Surge in Demand for Non-corrosive Materials to Drive the Concrete Fibers Market

Reinforced concrete is extensively used in various construction activities. Over two billion tons of reinforced concrete is produced annually across the globe. It has many advantages including lower cost, easy availability of raw materials, higher fire and weather resistance, and higher compressive strength as compared to wood. However, concrete lacks tensile strength and ductility. The global cost incurred due to corrosion of buildings is estimated at US$2.5 Trn annually. The estimated cost incurred to repair corroded infrastructure is US$ 300 Bn annually in the U.S. alone. Synthetic fibers, glass fibers, and steel fibers are used to combat corrosion. Corrosion is a prevalent issue across the globe, which can be overcome with the use of fiber reinforced concrete. Fibers help reduce crack widths within a concrete sample. These cracks cause deterioration of any concrete structure, as they prevent corrosive materials from reaching the rebar. These fibers improve other properties of the concrete such as its ability to induce strain hardening to the areas where the post cracking tensile stress is higher than the tensile strength.

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High Production and Operating Cost to Restrain the Market

Ductility of plain concrete is enhanced by adding fibers. These fibers improve the tensile and flexural strength and allow its use in structural elements with no passive or active reinforcement. Production of synthetic-based concrete fibers require advanced technology; therefore, its production cost is higher than that of traditional materials. Additionally, advanced technology is required to enhance the durability and to make concrete fibers lightweight, which is not met easily with the use of other materials such as conventional concrete. Concrete fibers can reduce construction time, labor, and material costs, and significantly decrease ongoing maintenance costs. High costs associated with concrete fibers are likely to limit its widespread use. This, in turn, is projected to hamper the market.

Steel Fibers Segment to Dominate Global Concrete Fibers Market

Based on product, the concrete fibers market has been divided into synthetic fibers, glass fibers, blended fibers, steel fibers, basalt fibers, animal origin fibers, and cellulose fibers. Steel is likely to be a highly attractive segment of the concrete fibers market during the forecast period. It constituted a major share of the market in terms of value and volume in 2017, as steel fibers help improve resistance to fracture, disintegration, and fatigue.

Transportation Infrastructure Segment Dominates Concrete Fibers Market

In terms of application, the concrete fibers market has been segmented into building & construction, transportation infrastructure, mining, industrial flooring, and others. Transportation infrastructure is anticipated to be a highly attractive segment during the forecast period. However, the segment is anticipated to expand at a sluggish pace during the forecast period.

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North America Dominates the Global Concrete Fibers Market

Based on region, the concrete fibers market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to be a highly attractive region of the global concrete fibers market during the forecast period. The region held a large share of the global market in 2017. Major manufacturers of concrete fibers are located in North America.

The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period. Consumption of concrete fibers is expected to be high in the region during the forecast period. Increase in the number of highway projects and rise in investments in the construction sector are major factors that are anticipated fuel the concrete fibers market in Asia Pacific during the forecast period.

High Degree of Competition among Market Players

High degree of competition exists among market players operating in the concrete fibers market. The market is dominated by few big players and is moderately consolidated. Key players operating in the concrete fibers market include Sika Group, BASF SE, Bekaert, GCP Applied Technologies Inc., Owens Corning, ABC Polymer Industries, LLC, Nycon Corporation, Fibercon International Inc., and Synthetic Resources, Inc.

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Global Concrete Fibers Market, by Product

• Synthetic Fibers
• Glass Fibers
• Blended Fibers
• Steel Fibers
• Basalt Fibers
• Animal Origin Fibers
• Cellulose Fibers

Global Concrete Fibers Market, by Application

• Building & Construction
• Transportation Infrastructure
• Mining
• Industrial Flooring
• Others (including Sewage Pipes and Dams)

Mr Rohit Bhisey
Transparency Market Research
+1 518-618-1030
email us here
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Source: EIN Presswire