News & Press Releases

Sydney/London, August 25, 2021

Mitsubishi Heavy Industries (MHI) Australia and Primetals Technologies, a member of Mitsubishi Heavy Industries (MHI) Group, have joined Australia’s Heavy Industry Low-Carbon Transition Cooperative Research Centre (HILT CRC) as key partners. The Centre, a not-for-profit entity with significant government funding, aims to develop technologies to decarbonize Australia’s heavy industrial sector, leverage the country’s natural endowments in mineral and clean energy resources and seize the opportunity of growing export markets for certified low-carbon products. Over the next 10 years, Primetals Technologies and MHI Australia will be contributing financially as well as with their decades-long experience in iron and steel production to this effort. The companies will focus on research and development of hydrogen-based direct reduction of iron ore. This includes the novel HYFOR (hydrogen-based fine-ore reduction) technology currently being piloted by Primetals Technologies in Europe.

London, July 16, 2019

Mitsubishi Heavy Industries (MHI) and Primetals Technologies will acquire ABP Induction Systems (ABP), a global manufacturer and servicer of induction furnaces and heating systems from CM Acquisitions, a Chicago based private equity firm.  ABP offers a variety of best-in-class products and comprehensive services to blue-chip customers, including leading automotive OEMs and suppliers, industrial manufacturers, independent foundries as well as steel plant manufacturers and steel producers. MHI and  Primetals Technologies will jointly take ABP’s shares.

London, June 11, 2019

It is with deep regret and profound sadness that we inform you that Mr. Yasukuni Yamasaki, the former CEO and Chairman of the Board of Primetals Technologies Limited, suddenly passed away on June 7, 2019 due to a heart attack.

London, April 18, 2019

Since February 2019, a new level 2 process automation system from Primetals Technologies has been in successful operation on the CC8 continuous slab caster in the Linz plant of the Austrian steel producer, voestalpine Stahl GmbH. It replaces an existing system on the casting plant supplied by a third-party in 2018. All the continuous casters in the Linz plant of voestalpine Stahl GmbH now feature the same version of the level 2 system from Primetals Technologies.

London, March 12, 2019

Recently, a six-strand billet caster revamped by Primetals Technologies was started up in the Lonato del Garda works of Feralpi Siderurgica S.p.A., part of the Italian Feralpi Group. The aims of the project were to increase production capacity from 1.1 to 1.2 million metric tons of billets per year, to produce billets with a larger square cross section of 150 x 150 millimeters with predisposition for cross section of 160 x 160, millimeters, and to improve plant availability.