I-Bytes Resources Industry

IT Shades
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I-Bytes
Resources
July Edition 2020
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates..................................................................................................................................................7
3. Rewards and Recognition Updates...................................................................................................................13
4. Customer success Updates.................................................................................................................................19
5. Partnership Ecosystem Updates.......................................................................................................................21
6. Miscellaneous Updates.......................................................................................................................................27

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Financial, M & A
Updates Resources Industry

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Financial, M&A Updates
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ArcelorMittal (Luxembourg) and Nippon Steel win ‘Deal of the Year’ for
acquisition of Essar Steel
ArcelorMittal and Nippon Steel's joint venture, AM/NS India, won the Deal of the Year Award from the S&P Platts 2020 Global Metals
Awards for completing the $5.7 billion acquisition of Essar Steel India Limited last year, a fully integrated steel producer in India that entered
insolvency in 2017.The Deal of the Year award recognizes the challenges, financial results, leadership, scope and strategic vision of asset
buyouts, joint ventures, strategic company alliances or full company mergers or acquisitions, as well as strategic spin-offs that strengthened
organizations. The awards program, hosted by S&P Global Platts, the leading independent provider of information and benchmark prices for
the commodities and energy markets, saw 96 finalists from 23 countries vie for recognition in 15 categories.AM/NS India's acquisition of
Essar Steel India stood out for the Deal of the Year award as it was the largest private-sector transaction to close in India during 2019, and
the second-largest steel transaction globally that year.ArcelorMittal and Nippon Steel faced intense competition from other interested parties
in Essar, as well as a multiplicity of legal challenges in India, even at the Supreme Court.The acquisition provides both ArcelorMittal and
Nippon Steel a sizeable entry into the high-growth Indian steel market, where steel consumption is expected to grow on average around 6%
annually over the next 10-15 years. Neither joint venture partner had any production capability in India before the acquisition.
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BHPs Local (Australia) Buying Program invests A$500 million with small
businesses
BHP’s Local Buying Program has reached more than A$500 million in
approved spend since its launch in 2012. In that time, the program has worked
with over 1,450 local businesses, on over 36,000 work packages, with an
average payment period of just 13 days. The program makes it easier for small
business owners to competitively bid for supply opportunities through a
streamlined onboarding, procurement and payment process that includes
21-day payment terms or less. Small businesses have greater access to work
opportunities with BHP through a central online directory.The Local Buying
Programs in Queensland and New South Wales are also supported by the Local
Buying Foundation. The Foundation’s role is to support and deliver economic
business programs to help build capacity and capability of regional small
businesses.BHP partner, C-Res, manages the program and administers all
transactional activities, while also providing ongoing support, engagement and
mentoring to registered local suppliers.
Executive Commentary
BHP President Minerals Australiasaid: “The Local Buying Program has
enabled our small business suppliers to grow and develop their companies
as we have grown ours. It has brought our operations and local small
businesses closer together. It has increased capability across the local
supply chain and boosted regional economic development in our host
communities.”
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BHP (Australia) to acquire new nickel tenements in Western Australia
BHP has agreed to acquire the Honeymoon Well Nickel Project comprising the
Honeymoon Well development project and a 50 per cent interest in the Albion
Downs North and Jericho exploration joint ventures from MPI Nickel Pty Ltd, a
wholly owned subsidiary of Norilsk Nickel Australian Holdings BV.BHP Nickel
West is currently a 50 per cent shareholder in the Albion Downs North and Jericho
Joint Ventures.The combined tenement package is located in the northern
Goldfields region of Western Australia, approximately 50 kilometres from BHP’s
Mt Keith mine and 100 kilometres from its Leinster concentrator. The package
includes:
• The Wedgetail deposit, which contains a high-grade nickel sulphide resource.
• A high quality disseminated sulphide resource in the style of the Mt Keith and
Yakabindie ore bodies.
• Completion of the agreement is subject to a number of conditions including
government and third-party approvals.
BHP’s Nickel West Asset Presidentsaid: “This is an exciting opportunity to
enhance our world-class nickel resource base in Western Australia. Proximity
to our existing facilities makes us the natural owners of these deposits, and
provides potential options to bring the undeveloped resources to
market.Nickel continues to be an essential input into new technologies that
will improve the battery storage needed for renewables and electric vehicle
manufacturing. Consistent with our strategy to invest in future facing
commodities, this transaction gives us access to explore and develop these
prospective nickel sulphide tenements.”
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Norilsk Nickel (Russia) Will Invest in Small and Medium-Sized Businesses in The
Arctic
Norilsk Nickel Will Invest in Small and Medium-Sized Businesses in The
Arctic. With the support of the company, the Aurora family center will open
in Zapolyarny for mothers with young children, and the Folga media school
in Norilsk, where digital courses will be organized for representatives of
small businesses and non-profit organizations, as well as for schoolchildren
and students.Borrowing funds for further development will be received by
the Robo Art School of Robotics and Programming, the vascular
department of the Center for Aesthetic Medicine "Perfection", as well as the
OLYMP Martial Arts and Fitness Center for the opening of a mini-football
hall for children and a choreographic studio in Norilsk. And a guest house
in the village of t. Nickel will eventually be able to provide the guests of the
village with services not only of accommodation, but also of food, as well
as the organization of tourist routes and relaxation in a Russian bath.
“Despite the adjustments made by life, entrepreneurs not only
maintained the stability of the business during the pandemic, but also
continued to make plans for further development,” said Deputy director
of the social policy department.
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Sika (Switzerland) Acquires Market Leader in Roofing and Waterproofing
Systems in Egypt
Sika has acquired Modern Waterproofing Group, a leading manufacturer of roofing and
waterproofing systems in Egypt. The acquisition supplements and rounds off the product
portfolio of Sika Egypt and offers new opportunities for growth in the Egyptian
construction market. The acquired business generates annual sales of CHF 26
million.Modern Waterproofing is based in Cairo with a production facility in Badr City
which is a logistically ideal location close to Cairo and the New Administrative Capital.
It manufactures solutions for the waterproofing and roofing markets, focusing on a
comprehensive range of modified bitumen membranes. As complementary products, the
company also offers liquid coatings and insulation boards. With its solid reputation as a
high-quality company, Modern Waterproofing has established itself as a market leader
for bituminous membranes. It has reached this position by developing an extensive
product portfolio which provides solutions for each segment of the market, meeting the
needs of applicators and distributors.The acquisition will extend and complete Sika
Egypt’s offering of roofing, waterproofing, and building envelope systems. The
production site will strengthen the local supply chain and the technical know-how as well
as offer the possibility to efficiently serve other African countries.
"Modern Waterproofing will enhance our market access to various customer
segments both in direct sales and through the distribution channels. This will open up
promising cross-selling opportunities in the area of waterproofing and roofing. The
expanded product portfolio will significantly strengthen our position in the Egyptian
construction market. We would like to welcome the employees of Modern
Waterproofing to our Sika team and look forward to growing our business together."
Said Regional Manager EMEA
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Zijin Mining (China) to buy Guyana Goldfields for $238 mln
Zijin Mining issued an announcement that the company entered into an arrangement agreement with Guyana Goldfields Inc. The Company,
through a wholly-owned subsidiary established in Canada by Gold Mountains International Mining Company Limited, the Company’
soverseas wholly-owned subsidiary, proposed to acquire all the issued and outstanding common shares of Guyana Goldfields for cash
consideration of CAD$1.85per Target Share. The total consideration for 100% Target Shares under the Acquisition approximately CAD$323
million. After completion of the Acquisition, the Company will own 100% equity interest in Guyana Goldfields.Guyana Goldfields Inc.’s
main assets are 100% interest in the Aurora Gold Mine project (in current production) and 15 separate exploration properties held.According
to the NI 43-101 technical report released by Guyana Goldfields in 2020, Aurora Gold Mine owned retained gold resource reserve volume
of 178 tones, grading 2.7g/t in average, the mine life of the mine is 14 years. Production is expected to turn from open-pit mining to
underground mining in mid-2021. The processing volume of the plant is 7,500 tones/day. The average annual gold production volume
approximately 4.57 tones, of which, the average annual gold production from underground mining from 2022 to 2026 is expected to be
approximately 5.27 tones.
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Solutions Updates
Resources Industry

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Solution Updates
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EVRAZ (UK) releases mobile app to protect employees from COVID-19 spread
7
Solution Description
EVRAZ is rolling out a mobile application named Antivirus to promptly alert employees of their possible COVID-19 exposure.
It is based on the “Stopp Corona” application, which was developed jointly by Accenture and the Austrian Red Cross to more
efficiently identify symptoms of the novel coronavirus infection.Antivirus will offer a check list developed by EVRAZ in case of
COVID-19 infection, and general recommendations based on Rospotrebnadzor requirements. The application will be
anonymously exchanging data with other employees’ devices nearby. If an employee suspects that they might have COVID-19,
all of their contacts will be alerted via the app and reminded to self-isolate. This will help break the chain of virus
transmission.Antivirus is being rolled out in Divisions Urals and Siberia and will be available to all staff. To incentivize
downloads, EVRAZ is allocating funds to purchase protective items and antiseptics for medical facilities in the regions where its
production sites are located.

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Solution Updates
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Birla Cellulose (India) launches Liva with added protection of Antimicrobial
fibres, making Care Fashionable
8
Liva, the fashion ingredient brand from Birla Cellulose, part of Grasim Industries Ltd, flagship company of US $48.3-billion Aditya Birla Group,
has launched Antimicrobial fibres, a breakthrough innovation that not only kills viruses and bacteria, but also inhibits their growth, keeping the
fabric fresh and hygienic in the long run.The latest innovation—Liva with added protection of Antimicrobial fibres by Birla Cellulose — is a leap
forward in fashion by successfully injecting antimicrobial agent into Viscose Staple Fibre which when woven or knitted into a fabric offers
protection to the wearer from bacteria and viruses, lasting over multiple washes while retaining comfort, fluidity and softness of the fabric. Be it
introducing fluid fashion or offering sustainable solutions through Livaeco, Liva has always been a fashion forward brand. Today, when the world
is embracing a change known as “the new normal”, understanding consumer needs, – Liva’s special fabric inherently possesses Antimicrobial
properties which kills 99% of bacteria and viruses and also inhibits their growth on apparels and home-textiles, thereby making it safe for
you.Developed using in-house technology by Birla Cellulose’s Research & Development team, antimicrobial agents are injected during the fibre
manufacturing stage, making it an integral part of the fibre and providing durable antimicrobial properties. The science behind the technology
involves the active agent being strongly bonded with the substrate, resulting in excellent durability to wash & wear.

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Solution Updates
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JFE Steel (Japan) Finishes Global Deployment of Noncontact Control Technology for Steel
Sheet GalvanizingNew system ensures stable supply of high-quality galvanized steel sheets
9
JFE Steel Corporation has completed deployment of noncontact control technology for processing galvanized steel sheets on lines worldwide,
including in the Chiba, Keihin, Kurashiki and Fukuyama areas of Japan and Thailand, Indonesia, China and Mexico overseas. The technology is
now contributing to the production of high-quality galvanized steel sheets on all continuous galvanizing lines operated by the company throughout
the world.On a CGL, the amount of zinc coating on a steel sheet is controlled by drawing the sheet continuously upward through a pot of molten
zinc, and using wiping nozzles to remove excess. For uniform coating, the distance between the wiping nozzles and the steel sheet must be kept
constant, so suppressing sheet vibration or warpage during the process is crucial.JFE Steel’s noncontact controller uses a noncontact displacement
sensor to detect unwanted vibration or warpage, which is then suppressed by controlling the position of the sheet through electromagnetic suction.
Vibration and warpage can be controlled simultaneously because the noncontact controller is adjusted for the specific operational conditions of
each line and the size of the particular sheets being manufactured. Furthermore, the technology achieves the necessary responsiveness and suction
force required to control sheets on the line.JFE Steel first enhanced the performance of its noncontact controller in Japan before deploying the
technology in offshore subsidiaries beginning in 2015.

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Solution Updates
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NLMK (Russia) introduces digital service to boost HSM performance
10
NLMK Lipetsk, NLMK Group’s flagship facility, has introduced a digital service to optimize the slab rolling rate at its hot strip mill.The
mill rolls slabs into 1.5–16 mm thick hot-rolled strips. Slabs are preheated in five furnaces before being delivered to the rolling mill one
after the other, as directed by the operator. When selecting the rolling rate, the operator is guided by a number of factors, aiming to prevent
slab collisions, to ensure the required temperature level in certain areas depending on the steel grade, and to maximize mill
performance.Previously, the operator would calculate the slab discharge rate manually, having to rely on their intuition and experience.
The new digital system determines the rate automatically. A machine learning-based model analyses slab dimensions, composition, and
heating level, as well as the required finished product parameters and the condition of the mill. The model processes this data to determine
how long it should take a slab to travel from the furnace to the rolling mill, and prompts the operator to discharge the next slab from the
furnace.The project was launched at the end of last year. The digital system has already enabled a 5% reduction in the slab discharge
interval, thus boosting hot strip mill productivity. Company experts continue to train the model to further increase its efficiency.

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Solution Updates
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POSCO (South Korea) Introduces Telecommuting System for Working Parents
11
POSCO becomes the first Korean company to apply a telecommuting system for working parents.The newly established system enables
working parents to focus on both their work and childcare at the same time, thus, encouraging childbirth and preventing career breaks of
employees. POSCO will receive applications from prospective employees and put the policy into full practice from July.POSCO
employees with children under the age of eight are eligible for the telecommuting system. Depending on employees’ working conditions,
they can apply for full-day or half-day telecommuting.POSCO employees can utilize this system for up to two years, whereas, in the case
of the half-day telecommuting system that adopts the government’s system, the policy is valid for a maximum of two years per child and
combined with parental leave.POSCO is to provide the telecommuting employees with the same salary, welfare, and promotion system
as those working in the offices. The company hopes that this new system will help relieve the worries of employees concerned about
parental leave due to multiple reasons. POSCO plans to expand the telecommuting system to its group companies.

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Solution Updates
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Tata Steel (India) launches specialized Coated Brands for Emerging Corporate
Accounts
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Tata Steel, through its close collaboration with ECAs, has been at the forefront of innovation on strategy, design and production.
With the acquisition of Tata Steel BSL in 2018 and enhancement of its capacity to produce world-class coated products, Tata Steel
has introduced two new Coated Product Brands, named GalvaRoS and Colornova, to address the unmet requirements of the
ECAs.Tata Steel believes businesses must sustain by aligning themselves to the needs of the planet and the people. The
overarching requirement in today’s context, is to re-align, re-boot and recharge the manufacturing ecosystem, to build a resilient
and future-ready MSME sector. With the launch of these innovative and environment-friendly products, the Company reaffirms
its commitment to create a sustainable ecosystem for stakeholders. GalvaRoS is suited for various applications like Ducting,
HVAC, Refrigerator back Panel, PEB structures, Cable Trays etc. GalvaRoS is geared to meet the needs of value-creation, helping
customers to navigate the sustainability journey.

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Rewards & Recognition

R & R Updates
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International Paper (USA) Makes Top 10 in 100 Best Places to Work Survey by
IDG Insider Pro and Computerworld
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IDG's Insider Pro and Computerworld announce International Paper as a 2020 Best Places to Work in IT, one of 100 top organizations that challenge their IT
staffs while providing great benefits and compensation. Organizations will be included in coverage on IDGInsiderPro.com and Computerworld.com, along
with results from the 2020 Best Places to Work in IT survey.The Best Places to Work in IT list is an annual ranking of the top 100 work environments for
technology professionals by Insider Pro and Computerworld. The list is compiled based on a comprehensive questionnaire regarding company offerings in
categories such as benefits, career development, training and retention. In addition, IDG conducts extensive surveys of IT workers, and their responses factor
heavily in determining the rankings.The Best Places to Work in IT list is an annual ranking of the top 100 work environments for technology professionals
by IDG's Computerworld. The list is compiled based on a comprehensive questionnaire regarding company offerings in categories such as benefits, career
development, training and retention. In addition, Computerworld conducts extensive surveys of lT workers, and their responses factor heavily in determining
the rankings.InsiderPro provides its subscribers with access to in-depth journalism, exclusive research, enterprise product reviews, hands-on advice,
editor-curated special reports and feature articles on topics such as AI, machine learning, cloud platforms, analytics, network security, cyber threats, IoT, tech
careers and much more. Insider Pro is published by IDG Communications, Inc.
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R & R Updates
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Newmont (USA) Ranked Top Miner in 100 Best Corporate Citizens List
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Newmont Corporationwas ranked 13th overall in 3BL Media’s 100 Best Corporate Citizens list for 2020, moving up from 20th on last year’s list.
Newmont was the sole mining company in the top 20 and one of only two miners to make the 21st annual list.
Newmont’s ESG performance has been recognized by several independent organizations:
• For the fifth year in a row, Newmont was named the top gold miner in the Dow Jones Sustainability World Index in 2019
• Newmont was the top mining company in FORTUNE’s 2020 list of the World’s Most Admired Companies
• Newsweek included Newmont on its first-ever list of America’s Most Responsible Companies for 2020
• Newmont earned a “B” score from CDP for its 2019 Climate Change and Water Security performance
• For the second consecutive year, Newmont was included in Bloomberg’s Gender-Equality Index in 2020 for its efforts to advance qualified women in
the workplace
• Newmont was added to the Corporate Human Rights Benchmark’s 2019 evaluation and was ranked 12th out of more than 200 companies that were
assessed against the CHRB’s human rights performance criteria
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Nucor (USA) Named GM Supplier of the Year for Second Year in a Row
15
Nucor Corporation was recognized as a General Motors Supplier of the Year during a virtual ceremony. Less than one percent of GM's
suppliers receive this award and Nucor remains the only electric arc furnace steelmaker to receive this recognition.The Supplier of the
Year award winners were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives.
Winners were selected based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer
Care and Aftersales, and Logistics. This is the 28th year GM has honored suppliers with the Supplier of the Year Award.Nucor and its
affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products
produced include: carbon and alloy steel -in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling;
steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal
building systems; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and
nonferrous metals, pig iron and hot briquetted iron / DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is
North America's largest recycler.
R&R Description

R & R Updates
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POSCO (South Korea) Wins the 2020 Global Metals Awards ‘Steel Industry
Leadership’
16
POSCO won the ‘Steel Industry Leadership’ category at the 2020 Global Metals Awards, which was hosted by S&P Global Platts.The award
ceremony was held online this year in the aftermath of the COVID-19 pandemic. Initially, the event was scheduled to take place in London with
officials from over 100 organizations, including companies related to the global metal industry, suppliers of raw materials and facilities, trading
companies, and major press media.S&P Global Platts is the world’s largest information provider for the steel, raw materials, and the energy market.
Platts is a division of S&P Global, a global financial service firm that possesses S&P Global Ratings and S&P Dow Jones, which operates the S&P
500 index. Since 2013, Platts has been honoring the Global Metals Awards to companies in the global metals & mining industry for their
accomplishments. The Awards are composed of 15 different categories, including Steel Industry Leadership, Aluminum Industry Leadership, Raw
Materials & Mining Industry Leadership, Breakthrough Solution of the Year, and Corporate Social Responsibility Award.Finalists for the Global
Metals Awards are selected from numerous candidates who are self-nominated or have received recommendations from other companies and
institutions. The winners are announced amongst the finalists, after the judging process by an impartial panel of international experts whose
background and experience include regulation, corporate leadership, trading, and technology.
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POSCO (South Korea) Selected as the Best Consortium Educational Institution
for SMEs
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POSCO was selected as the Best Educational Institution for the second consecutive year in the 2019 SME Consortium Education Program
evaluation, organized by the Ministry of Employment and Labor.The Consortium Education Program is a national government-run program
that provides quality educational opportunities to employees of SMEs with the outstanding infrastructure of large companies. Since 2019, the
Ministry of Employment and Labor has been holding award ceremonies for the best institution to encourage participating and also to share
best practices.Last year, POSCO provided training on maintenance technologies as well as on organizational capabilities to 45,605 employees
from 307 partner companies and SMEs. The training helped SMEs to strengthen their competitiveness in human resources.POSCO received
the highest grade among 139 educational institutions, having also been recognized for providing job training and job placement to young job
seekers. 166 of the job seekers were hired by partner companies of POSCO and SMEs.Each year, the Ministry of Employment and Labor
evaluates the performance of educational institutes that are participating in the Consortium for HRD Ability Magnified Programon account of
curriculum, training performance, the professionalism of trainers, the satisfaction of trainees, and so on.
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Teck (Canada) Named to 2020 Best 50 Corporate Citizens in Canada
18
Teck Resources Limited has been recognized as one of the top 50 companies in Canada for corporate citizenship, being named to the Best 50
Corporate Citizens in Canada ranking by Corporate Knights. This marks the 14th consecutive year Teck has been named to the Best 50.The
Best 50 Corporate Citizens in Canada are each evaluated on a set of up to 21 environmental, social and governance indicators including
resource efficiency, financial management, clean revenue and supplier performance.Teck has also been named to the Dow Jones Sustainability
World Index for 10 consecutive years and was the top-ranked mining company on both the World and North American Index for DJSI in 2019.
Teck is also the top ranked mining company by Sustainalytics and is highly ranked by MSCI. Teck is included in the 2020 Global 100 Most
Sustainable Corporations list by Corporate Knights and was named one of Canada’s Top 100 Employers for 2020. Teck is a diversified
resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal,
zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TECK.A and
TECK.B and the New York Stock Exchange under the symbol TECK.
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Customer Success

Customer Success Updates
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Nippon Paper Industries (Japan) Selected for Constituents of the Six ESG Investment
Indices including the Four Indices Adopted by the GPIF
19
Nippon Paper Industries Co., Ltd. has been selected for constituents of the representative ESGinvestment indices as follows,
continuing from last year.In addition, from 2020, the Company has been selected as "Ethibel PIONEER", a top-ranked
investment universe managed by Forum Ethibel, an organization that promotes socially responsible investment. Under the
corporate mission of "contribute to better living and cultural progress everywhere it does business. The "Euronext Vigeo
index: World 120" sustainability indicator by Euronext, which operates stock exchanges and provides financial services in
Europe, and VigeoEiris, which evaluates corporate social responsibilities.
Description

Customer Success Updates
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Rio Tinto (UK): Agreement reached on a preferred long-term power supply for
Oyu Tolgoi
20
Rio Tinto, Turquoise Hill and the Government of Mongolia have reached an agreement on the preferred domestic power solution for Oyu
Tolgoi that paves the way for the Government to fund and construct a State-Owned Power Plant at Tavan Tolgoi.The agreement, which
is a revision of the Power Source Framework Agreement signed in 2018, states that the Parties will work towards finalizing a Power
Purchase Agreement by the end of March 2021. In addition, the amended PSFA sets a proposed timetable for development, with
construction of the coal-fired power plant set to begin no later, and commissioning within four years thereafter.Oyu Tolgoi currently uses
imported power and both the Government of Mongolia and Oyu Tolgoi have committed to extending the current arrangement to ensure
continued stable power is supplied to the mine and underground project until the State-Owned Power Plant is commissioned and is able
to supply stable, reliable and continuous power.This agreement provides a potential pathway to securing a domestic power supply for the
Oyu Tolgoi mine and underground project for the benefit of all shareholders and the wider community.
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Partner Ecosystem

Partner Ecosystem Updates
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Fortescue (Australia) joins forces with South Korean steelmaker POSCO to support
community initiatives
21
Fortescue Metals Group is pleased to announce a joint social funding initiative with its customer POSCO, South Korea’s largest
steel company, to benefit community programs in South Korea and Western Australia.The ‘Go the Extra Mile’ fund was
established by POSCO in July 2019. Under the agreement, the two companies will contribute US$200,000 over two years which
will be used to support selected projects in both countries.In its first year, US$100,000 will be provided to the Jeonnam Human
Resource Development Foundation to support a range of opportunities for young people in the South Jeolla Province of South
Korea, where POSCO’s Gwangyang Steel Works is located, to participate in skills development and educational programs. A
further US$100,000 will be used to support a West Australian community project chosen by Fortescue in 2021.POSCO Senior
Vice President Sung-won Yoon said, “We would like to extend our heartfelt appreciation to Fortescue for participating in the
GEM matching fund.
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HeidelbergCement(Germany) joins the Europe Regional Network of the World Green
Building Council as official partner
22
HeidelbergCement has joined the Europe Regional Network of the World Green Building Council as official Regional Partner. The ERN is a community
of 23 national Green Building Councils, 8 Regional Partners, and more than 4,500 member companies across Europe. HeidelbergCement has been
active in a number of national Green Building Councils for many years, and intends to expand this commitment in its new role as Regional Partner of
the ERN.Sustainable construction is a key factor in global efforts to reduce emissions. HeidelbergCement is convinced that concrete has the potential
to become the most sustainable building material. The company has announced that by 2030, it will use 80% of its research budget to develop
sustainable products – this includes the goal of a carbon-neutral concrete, which HeidelbergCement wants to achieve by 2050 at the latest.
HeidelbergCement has also set itself the goal of reducing its specific CO2 emissions per tonne of cement by 30% by 2030 compared with 1990. This
goal has been recognised by the Science Based Target initiative and makes HeidelbergCement the first cement company worldwide with scientifically
proven CO2 reduction targets. By 2019, HeidelbergCement has already achieved a reduction of 22%.HeidelbergCement is one of the world’s largest
integrated manufacturers of building materials, with leading market positions in aggregates, cement, and ready-mixed concrete. The Group employs
around 55,000 people at over 3,000 locations in more than 50 countries.
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JFE Steel (Japan) and Tohoku University Establish Collaborative Research Laboratory
ofAdvanced Analysis Technology for Steelmaking Processes
23
JFE Steel Corporation and Tohoku University’s Institute of Multidisciplinary Research for Advanced Materials announced that they established the Collaborative
Research Laboratory of Advanced Analysis Technology in May to promote R&D on ironmaking and steelmaking processes. The aim is to organically apply the
latest analytical technologies for more advanced steelmaking processes through industrial-academic collaboration between JFE Steel engineers and Tohoku
University researchers.
The Collaborative Research Laboratory’s main initiatives will include:
• Conducting world-class research through industrial-academic collaboration to advance analytical technology for steelmaking processes
• Facilitating steelmaking research and nurturing specialists for next-generation steelmaking
• Contributing to global society by reducing the environmental load of steelmaking through new processes
JFE Steel and Tohoku University concluded an agreement on collaborative partnership in 2017, based on which they have been investigating promising research
themes, notably the reduction of CO2 emissions. To strengthen research on reduced-impact materials processing, Professor Hiroshi Nogami of the Institute of
Multidisciplinary Research for Advanced Materials has been named a professor of the Collaborative Research Laboratory and Principal Researcher Yuji Miki at
JFE Steel has been appointed to the post of visiting professor. In addition, JFE Steel researchers will be assigned to projects as appropriate.
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GE Renewable Energy, COBOD and LafargeHolcim(Switzerland) co-develop record-tall
wind turbine towers with 3D-printed concrete bases
24
GE Renewable Energy, COBOD and LafargeHolcim announced that they will partner to co-develop wind turbines with optimized 3D
printed concrete bases, reaching record heights up to 200 meters. The three partners will undertake a multi-year collaboration to develop
this innovative solution, which will increase renewable energy production while lowering the Levelized Cost of Energy and optimizing
construction costs. The partners will produce ultimately a wind turbine prototype with a printed pedestal, and a production ready printer
and materials range to scale up production. The first prototype, a 10-meter high tower pedestal, was successfully printed in October 2019
in Copenhagen. By exploring ways to economically develop taller towers that capture stronger winds, the three partners aim to generate
more renewable energy per turbine.Building on the industry-leading expertise of each partner, this collaboration aims to accelerate the
access and use of renewable energy worldwide. GE Renewable Energy will provide expertise related to the design, manufacture and
commercialization of wind turbines, COBOD will focus on the robotics automation and 3D printing and LafargeHolcim will design the
tailor-made concrete material, its processing and application.
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Rio Tinto (UK) supports COVID-19 isolation shelter in Yellowknife
25
Rio Tinto is partnering with the Yellowknife Women’s Society to support their COVID-19 isolation shelter with a
C$150,000 contribution.As part of Rio Tinto’s worldwide community investment in COVID-19 relief initiatives, this
funding will provide accommodation and food for individuals who are at high medical risk of serious illness or death if
they contract the virus. It will also support the hiring of three additional staff at the shelter to provide service continuity
and better support the ongoing programming for residents.The shelter is currently operating with funding in place for 25
individuals and expects to transition back into its original purpose as supportive housing after the pandemic.The shelter is
currently operating with funding in place for 25 individuals and expects to transition back into its original purpose as
supportive housing after the pandemic.
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UPM (Finland) Raflatac partners with Vellamo for bottled water industry’s first and
only wood-based clear plastic label material
26
UPM Raflatac is partnering with Vellamo, Finland’s award-winning natural mineral water for a truly innovative sustainable label. Vellamo’s
bottles feature UPM Raflatac Forest Film PPTM, the world’s first and only wood-based polypropylene plastic label material. This transparent
label material is constructed from UPM BioVerno naphtha, a 100 percent wood-based solution made from tall oil, a residue of pulp
production, originating from sustainably managed forests.Forest Film PP offers companies like Vellamo an efficient and impactful way to
reach beyond their sustainability goals without compromising on product performance. It is made from 100 percent renewable wood-based
raw materials in an ISCC certified value chain and has identical quality and performance as conventional fossil-based films.Vellamo adheres
to strict natural mineral water standards to maintain its official seal of approval and high-quality status of being naturally pure, unique in taste,
bottled at the source, and containing no environmental pollution or added minerals or sweeteners. The high-quality, sustainable label is an
integral part of the Vellamo water brand and supports Vellamo’s CO2ZERO Sustainability Program which aims to reduce CO2 emissions
during the product’s lifecycle to zero.
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Miscellaneous

Miscellaneous Updates
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Tata Steel’s (India) Nest-In is producing Isolation and Quarantine cabins for
Covid-19 treatment facilities
27
Tata Steel has designed and developed quarantine cabins and isolation cabins, to enable key infrastructure that can be used to treat
Covid-19 patients. The newly designed offerings are also a part of Tata Group’s efforts to fight the pandemic.Tata Steel has worked on
engineering the design and supply chain, and is offering this solution through its brand ‘Nest-In’, part of the Services & Solutions
portfolio. This construction solution unit has also leveraged expertise of Tata Steel’s New Materials Business and the Tubes Strategic
Business Unit.Tata Steel is already serving a major order through Nest-In, and is currently in the process of supplying Isolation &
Quarantine cabins for a 550-bed isolation facility. The entire facility, which spans 80,000 square feet, is being set-up in just 60 days.
Another order for quarantine cabins is being serviced in the north-eastern part of India.The present manufacturing facilities can supply up
to 25 quarantine/isolation cabins every week, which can house 125 beds. Tata Steel’s Nest-In has enabled smooth manufacturing and
timely supply of quarantine and isolation cabins across the country. The Company is in discussions with health authorities to explore the
possibility of setting-up Nest-In Covid-19 units across different parts of the country.
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