IperionX Partners With Vegas Fastener; Universal Stainless Hits Record Margins; Century Aluminum's Sales Downturn And More: Wednesday's Top Mining Stories
IperionX Partners With Vegas Fastener; Universal Stainless Hits Record Margins; Century Aluminum's Sales Downturn And More: Wednesday's Top Mining Stories
Top Stories for May 1, 2024:
2024 年 5 月 1 日的熱門故事:
1. IperionX (NASDAQ:IPX) and Vegas Fastener Manufacturing have partnered to develop and manufacture titanium alloy fasteners and precision components for critical sectors, including the U.S. Army Ground Vehicle Systems Center.
1。IperionX(納斯達克股票代碼:IPX)和拉斯維加斯緊固件製造公司合作開發和製造鈦合金緊固件和精密部件,用於關鍵領域,包括美國陸軍地面車輛系統中心。
This collaboration aims to create products with exceptional strength-to-weight ratios and corrosion resistance for aerospace, naval, oil and gas and other high-performance industries.
此次合作旨在爲航空航天、海軍、石油和天然氣以及其他高性能行業創造具有卓越強度重量比和耐腐蝕性的產品。
2. Q1 sales for Universal Stainless (NASDAQ:USAP) reached $77.6 million, nearly matching the previous record and showing an 18% increase from Q1 2023.
2。環球不鏽鋼(納斯達克股票代碼:USAP)第一季度的銷售額達到7,760萬美元,幾乎與之前的記錄持平,比2023年第一季度增長了18%。
Gross margin hit a 12-year high at 18.9%, despite a $1.3 million cost from raw materials, and net income rose 59% to $4.1 million
儘管原材料成本爲130萬美元,但毛利率仍達到12年來的最高水平,爲18.9%,淨收入增長了59%,至410萬美元
Operations cash flow was $10.3 million, up 39%, with a $325 million backlog due to strong orders, particularly in the aerospace sector.
運營現金流爲1,030萬美元,增長39%,由於強勁的訂單,尤其是航空航天領域的訂單,積壓了3.25億美元。
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3. Century Aluminum (NASDAQ:CENX) reported Q1 2024 net sales of $489.5 million and net income of $246.8 million, with adjusted EBITDA at $25 million.
3.世紀鋁業(納斯達克股票代碼:CENX)報告稱,2024年第一季度淨銷售額爲4.895億美元,淨收入爲2.468億美元,調整後的息稅折舊攤銷前利潤爲2500萬美元。
The company experienced a $22.8 million sales drop due to lower premiums, despite an aluminum price increase to $2,190 per ton, and cash and liquidity totaled $302 million.
儘管鋁價上漲至每噸2190美元,但由於保費降低,該公司的銷售額下降了2,280萬美元,現金和流動性總額爲3.02億美元。
Adjusted net loss for the quarter was $3 million, influenced by exceptional items, including a large gain from an acquisition.
受特殊項目影響,包括收購的巨額收益,本季度調整後的淨虧損爲300萬美元。
Notably, Century was chosen for a $500 million investment by the U.S. Department of Energy for a new green aluminum smelter and announced a joint venture to develop a low carbon billet casthouse.
值得注意的是,美國能源部選擇Century投資5億美元建造一座新的綠色鋁冶煉廠,並宣佈成立合資企業開發低碳鋼坯鑄造廠。
4. Ryerson Holding (NYSE:RYI) reported Q1 earnings with revenue of $1.24 billion from 497,000 tons shipped at an average price of $2,493 per ton.
4。瑞爾森控股(紐約證券交易所代碼:RYI)公佈了第一季度收益,收入爲12.4億美元,出貨量爲49.7萬噸,平均價格爲每噸24.93美元。
The company faced a net loss of $7.6 million and adjusted EBITDA of $40.2 million amid challenging conditions and costs from capital investments and system upgrades.
在艱難的條件以及資本投資和系統升級帶來的成本下,該公司面臨淨虧損760萬美元,調整後的息稅折舊攤銷前利潤爲4,020萬美元。
Debt increased to $497 million, with net debt at $455 million, but Ryerson started operations at a new service center, completed a major enterprise resource planning integration and announced $40 million in expected annual cost savings.
債務增加到4.97億美元,淨負債爲4.55億美元,但瑞爾森在新的服務中心開始運營,完成了重大的企業資源規劃整合,並宣佈預計每年可節省4000萬美元的成本。
The company plans to spend $110 million on capital expenditures in 2024, reducing to $50 million in 2025.
該公司計劃在2024年花費1.1億美元的資本支出,到2025年減少到5000萬美元。
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現在閱讀:第一量子礦業關閉拉文斯索普鎳礦,裁員330人
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