Ferroglobe Plc is a global leader in the production and supply of silicon metal and silicon-based products, serving a diverse range of industries including renewable energy, electronics, and automotive applications
The company specializes in manufacturing high-purity silicon and various silicon alloys that are essential components in advanced materials, enabling technologies such as solar energy generation, electric vehicles, and high-performance steel production. With a commitment to sustainable practices, Ferroglobe focuses on innovation and efficiency, leveraging its extensive production capabilities and research expertise to meet the evolving demands of its customers worldwide.
The energy transition towards renewable resources is driving demand for manganese, graphite, silicon, and fluorspar, highlighting China's dominance. Companies are looking to bolster the ex-China supply chain for these critical minerals.
Companies Reporting Before The Bell • Gatos Silver (NYSEGATO) is estimated to report quarterly earnings at $0.09 per share on revenue of $83.00 million.
Top stories: 1. MX Holdings & Century Aluminum form joint venture for low-carbon billet. 2. TMC praises U.S. legislation for seafloor resources. 3. ArcelorMittal buys stake in Vallourec. 4. Ferroglobe appoints Carsten Larsen as Chief Commercial Officer.
Top stories: 1. Alcoa buys Alumina Limited for $2.2B, shareholders to own 31.25% & 68.75%. 2. Ferroglobe & Coreshell to produce battery-ready silicon for EVs. 3. Nucor execs make insider purchases. 4. Analyst maintains Ramaco Resources with lowered price target. 5. Analyst maintains Alpha Metallurgical with lowered price target.
Chinese solar technology company LONGi has entered into a long-term supply agreement with the silicon metal and ferroalloys producer Ferroglobe, effective January 1, 2024.
As of Dec. 8, 2023, five stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
