Materials & Components

Nemak Launches Tender Offer for All 2028 Senior Notes

Monterrey – September 18, 2026 -- Nemak, S.A.B. de C.V. has commenced a tender offer and consent solicitation to purchase any and all of its outstanding 2.250% Senior Notes due 2028, offering holders full par value of €1,000 per €1,000 principal amount plus accrued interest.

Tender offer targets full redemption of 2028 notes

The offer covers Notes issued under Regulation S (ISIN XS2362994068) and Rule 144A (ISIN XS2362996519). The Tender Offer expires at 11:00 a.m. New York time (5:00 p.m. CET) on September 18, 2026, with settlement expected September 18, 2026.

Fastmarkets Deepens Saudi Scrap Price Ties With NIDC Under Vision 2030

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Fastmarkets Deepens Saudi Scrap Price Ties With NIDC Under Vision 2030

London – September 18, 2026 -- Fastmarkets has confirmed ongoing stakeholder engagement with Saudi Arabia's National Industrial Development Center (NIDC) to further develop its ferrous scrap price indices in the Kingdom, as the country builds out its steel and recycling infrastructure under Vision 2030.

Fastmarkets launched its first Saudi scrap benchmark in August 2025

The price reporting agency introduced its steel scrap HMS 1&2 index, domestic composite, delivered Saudi Arabia, riyals/tonne (code MB-STE-0939), in August 2025 following consultation with local market participants, including NIDC.

KPS Sells Aluminum Extrusion Maker Metra to Grupa Kęty for €645 Million

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KPS Sells Aluminum Extrusion Maker Metra to Grupa Kęty for €645 Million

New York – – September 18, 2026 -- KPS Capital Partners, LP has signed a definitive agreement to sell its portfolio company Metra to Warsaw-listed Grupa Kęty S.A. for €645 million, with closing expected in the first quarter of 2027 pending customary approvals.

Metra operates nine plants and 1,400 employees across Europe and North America

Metra, headquartered in Rodengo Saiano, Italy, is a vertically integrated manufacturer of extruded aluminum profiles offering painting, oxidation, machining, welding and assembly services. Its products serve rail, industrial and building & construction end-markets. The company runs nine global manufacturing facilities with roughly 1,400 employees.

Solidion Technology Authorizes $1 Million Stock Buyback Program

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Solidion Technology Authorizes $1 Million Stock Buyback Program

Dallas – – September 17, 2026 -- Solidion Technology, Inc. (NASDAQ: STI) has authorized a stock buyback program worth up to $1.0 million, effective September 13, 2026.

Board sets buyback ceiling at $1.0 million through March 2028

The repurchase authorization will remain active until the full $1.0 million is spent, until March 14, 2028, or until the Board terminates it, whichever comes first. Open-market repurchases will follow federal securities laws, Nasdaq requirements and applicable state law.

CEO ties buyback to capital allocation strategy

Jaymes Winters, Chief Executive Officer of Solidion Technology, said the authorization reflects the Board's confidence in the company's long-term prospects and its commitment to disciplined capital allocation. He said the program gives the company flexibility to invest in its own stock when market conditions are attractive.

Ball Corporation to Build Third India Can Plant in Uttar Pradesh by 2029

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Ball Corporation to Build Third India Can Plant in Uttar Pradesh by 2029

Westminster, Colo. – September 17, 2026 -- Ball Corporation (NYSE: BALL) will build a new two-line beverage can manufacturing facility in Uttar Pradesh, India, expected to be operational in 2029, marking the company's third production site in the country.

Ball adds third India plant to existing Taloja and Sri City operations

The Uttar Pradesh greenfield facility joins Ball's established plants in Taloja, Maharashtra, and Sri City, Andhra Pradesh. The company entered the Indian market in 2016 and has steadily expanded capacity to serve both global and domestic beverage brands.

Investment backed by customer contracts, expected to generate strong EVA

Ball said the project is supported by existing customer contracts and is expected to generate strong economic value added (EVA). The company noted the investment aligns with its guidance that capital expenditures will average depreciation and amortization over time.

PolarX Hits 14.1% Copper Grades at Caribou Dome, Alaska

Anchorage – – September 17, 2026 -- PolarX Limited (ASX: PXX; OTCQB: PXXXF) reported assay results showing copper grades as high as 14.1% over multi-metre intervals from its Caribou Dome Project in Alaska, part of the Alaska Range Joint Venture with Northern Star Resources Limited.

Drill hole CD26-007 returns 24.8 metres at 9.8% copper

Hole CD26-007 intersected 24.8m grading 9.8% Cu and 14.5g/t Ag from 2.4m depth, including a higher-grade section of 4.4m at 14.1% Cu and 16.9g/t Ag from 11.7m. A separate interval within the same hole returned 4.9m at 13.6% Cu and 20.4g/t Ag from 6.6m.

Hole CD26-004 delivers 22.6 metres at 8.1% copper near surface

CD26-004 intersected 22.6m at 8.1% Cu and 13.5g/t Ag starting from 3.7m, including 5.8m at 12.4% Cu and 21.3g/t Ag from 11.1m. Additional narrower intercepts were logged in holes CD26-003 and CD26-006, ranging from 3.2% to 3.5% Cu.

Crown Holdings Breaks Ground on $550M-Budget India Can Plant

Unnao, India -- Crown Holdings, Inc. (NYSE: CCK) broke ground on September 17, 2026 on its first beverage can manufacturing facility in India, a plant designed to produce approximately 2.2 billion aluminum beverage cans annually once operational.

Two-line plant in Uttar Pradesh targets 2027 startup

The facility, located in Unnao, Uttar Pradesh, was first announced in April 2026 and will feature two production lines. Operations are scheduled to commence in the second half of 2027, positioning Crown to serve both alcoholic and non-alcoholic beverage segments in the market.

Cuprum Metals Wins WMF Grand Prix for Copper Recovery Tech

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Cuprum Metals Wins WMF Grand Prix for Copper Recovery Tech

Paris – September 17, 2026 -- Cuprum Metals has won the Grand Prix Scale-Up Award at the World Materials Forum, recognizing technology designed to unlock copper from chalcopyrite ores that have historically constrained global supply.

Cuprum's technology targets copper locked in hard-to-process sulfide ores

The award, presented September 4 in Paris, singles out Cuprum's approach to copper recovery from primary and secondary sulfides, including chalcopyrite, a mineral form that has long limited extraction efficiency across the mining industry.

Alcott Global Names Top 30 Supply Chain Leaders From 403 Nominees

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Alcott Global Names Top 30 Supply Chain Leaders From 403 Nominees

Singapore – September 16, 2026 -- Alcott Global has named the Top 30 Leaders in Supply Chain of 2026, selecting winners from a pool of 403 nominees drawn from 354 companies across 24 countries. The fifth edition of the awards, themed "Where Insight Connects the Dots," was revealed during a virtual gala held on September 16, 2026.

Selection required 18-month leadership tenure at billion-dollar manufacturers

Eligibility was restricted to executives holding regional or global leadership roles for at least 18 consecutive months, with end-to-end supply chain responsibility inside manufacturing organizations generating annual revenues above USD 1 billion. Candidates submitted case studies covering transformation programs, digital achievements, sustainability initiatives, and team-development strategies.

Niron Magnetics Tops Out Sartell Plant, Secures Honda Investment

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Niron Magnetics Tops Out Sartell Plant, Secures Honda Investment

Sartell, Minn. – September 16, 2026 -- Niron Magnetics marked a construction milestone at its 287,000-square-foot Sartell, Minnesota facility with a steel-raising ceremony, alongside a new investment from Honda Motor Co. through its Honda Xcelerator Ventures program. The financial terms of Honda's investment were not disclosed.

Sartell plant will produce 1,500 tons of rare-earth-free magnets annually by 2027

CEO Jonathan Rowntree joined Sartell Mayor Ryan Fitzthum, Mark Ford of Ryan Companies and John Shaw of Wood to raise a ceremonial steel column at the plant, which is slated to become operational in 2027. At full capacity, the facility will manufacture up to 1,500 tons of permanent magnets per year and employ 175 full-time workers, representing the first commercial-scale phase of Niron's manufacturing platform.