Access to rare earth elements is becoming a geopolitical key issue. While China dominates the global market, Europe is intensifying its search for its own deposits. New discoveries in Scandinavia and exploration projects in Germany and Austria are strengthening the EU’s raw materials strategy. What spices are to the kitchen, rare earth elements are to […]
Category: Metal Industry
AMAG starts the year with profit and sales growth
The aluminum group benefited from increased demand and higher aluminum prices in the first quarter of 2025. Despite the positive development, however, the US tariffs on aluminum products are dampening the outlook. The Upper Austrian aluminum group AMAG has started the year with a strong tailwind. In the first quarter of 2025, the company recorded […]
MTU defies customs risks with record figures
Strong start to the year for MTU Aero Engines: In the first quarter, the engine manufacturer posted strong growth in sales and profits and exceeded expectations. But dark clouds are gathering on the horizon and casting a shadow over the current year.