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Ur-Energy Announces Extension of State Bond Loan and Provides Update

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LITTLETON, Colo., Oct. 21, 2020 /PRNewswire/ — Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the “Company” or “Ur-Energy”) is pleased to announce it has completed amendments to its State of Wyoming Bond Loan to defer further principal payments for an additional 18 months, which represents a savings of approximately $7.83 million during the extension. With the amendments to the Bond Loan, we will continue to make interest-only payments until October 2022, when we will resume principal and interest payments until the loan is fully repaid.

Ur-Energy CFO Roger Smith said, “We continue to be grateful to State Treasurer Meier, the Sweetwater County Board of County Commissioners, and officials at all levels in Wyoming who are working so diligently to serve their constituency. The support they have shown for the uranium industry and for Lost Creek has been unwavering. They continue to champion our resolve to return to full production operations at Lost Creek when market conditions warrant.”

In addition to the restructuring of the State Bond Loan, we have continued to implement other Company-wide cost-saving measures as we await the recommended relief from the US Nuclear Fuel Working Group report and further positive developments in the uranium markets. Recently, we further reduced production operations at Lost Creek to market-appropriate levels. The reduced production levels allowed us to make further operating cost reductions at Lost Creek and related support cost reductions at the corporate office. The cost reductions include savings from additional reductions in force at both locations as well as other cost containment measures. Together with the further deferral of principal payments on the State Bond Loan, these measures will result in substantial savings to the Company, estimated to exceed $7 million and $4 million in calendar years 2021 and 2022, respectively.  

Ur-Energy continues to support ongoing efforts in Washington D.C. to reinvigorate the uranium production industry and secure a healthy nuclear fuel cycle for the country. Again, the elected officials of Wyoming lead these efforts. Senator Barrasso and Representative Cheney have each introduced legislation to authorize a uranium reserve to support America’s nuclear reactors with domestically produced fuel. Their legislative efforts are designed to revitalize the country’s nuclear infrastructure and echo the recommendations made by the US Nuclear Fuel Working Group report.

We also commend Senator Barrasso’s effort to codify the recent extension of the Russian Suspension Agreement (RSA). The newly completed RSA amendment continues caps on Russian imports of nuclear fuel to the US for an additional 20 years, through 2040. The amendment reduces the current cap of 20% of demand to an average of 17% of demand over the 20-year period, with reductions starting in 2028 and continuing through 2040. The amendment also closes other practical loopholes to protect the US market, provides for administrative reviews during the term and contemplates potential extensions.

We will provide further guidance for Q4 2020 in our Form 10-Q, which is currently anticipated to be filed on Friday, October 30, 2020.

About Ur-Energy
Ur-Energy is a uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. We have produced, packaged and shipped more than 2.6 million pounds from Lost Creek since the commencement of operations. Applications are under review by various agencies to incorporate our LC East project area into the Lost Creek permits and to operate at our Shirley Basin Project. Ur-Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Shares of Ur–Energy trade on the NYSE American under the symbol “URG” and on the Toronto Stock Exchange under the symbol “URE.” Ur-Energy’s corporate office is in Littleton, Colorado; its registered office is in Ottawa, Ontario. Ur-Energy’s website is www.ur-energy.com.

FOR FURTHER INFORMATION, PLEASE CONTACT
Jeffrey Klenda
Chairman & CEO
866-981-4588
[email protected]

Cautionary Note Regarding Forward-Looking Information
This release may contain “forward-looking statements” within the meaning of applicable securities laws regarding events or conditions that may occur in the future (e.g., timing and results of implementation of the recommendations from the U.S. Nuclear Fuel Working Group and pending legislation, including the budget appropriations process related to direct purchase for the establishment of the national uranium reserve; the impact of the extended and amended Russian Suspension Agreement to safeguard the U.S. markets; whether the additional cost-savings measures will be sufficient) and are based on current expectations that, while considered reasonable by management at this time, inherently involve a number of significant business, economic and competitive risks, uncertainties and contingencies. Factors that could cause actual results to differ materially from any forward-looking statements include, but are not limited to, capital and other costs varying significantly from estimates; failure to establish estimated resources and reserves; the grade and recovery of ore which is mined varying from estimates; production rates, methods and amounts varying from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; inflation; changes in exchange rates; fluctuations in commodity prices; delays in development and other factors described in the public filings made by the Company at www.sedar.com and www.sec.gov. Readers should not place undue reliance on forward-looking statements. The forward-looking statements contained herein are based on the beliefs, expectations and opinions of management as of the date hereof and Ur-Energy disclaims any intent or obligation to update them or revise them to reflect any change in circumstances or in management’s beliefs, expectations or opinions that occur in the future.

SOURCE Ur-Energy Inc.

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Source: https://www.prnewswire.com:443/news-releases/ur-energy-announces-extension-of-state-bond-loan-and-provides-update-301157426.html

Energy

Zoomlion begeistert auf der bauma China 2020 mit intelligenten Baumaschinen der nächsten Generation und sichert sich Aufträge im Wert von über 3 Milliarden USD

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Zoomlion stellt auf der bauma China 2020 über 50 Sätze an Baumaschinen aus neun Produktreihen aus. Durch die Einführung neuer Produkte und Livestreaming-Veranstaltungen im Internet zur Interaktion mit globalen Kunden hat sich Zoomlion bis zum 26. November bei der bauma China Bestellungen in Höhe von insgesamt 20 Mrd. CNY (3,04 Mrd. USD) gesichert.

„Die Ausstellung präsentiert die High-End-Produkte der Generation 4.0 von Zoomlion und innovative Errungenschaften, die hinsichtlich der Intelligenz einen großen Schritt nach vorn darstellen”, so Guo Xuehong, Vice President von Zoomlion.

Mit hochwertigen, innovativen intelligenten Produkten an die Branchenspitze

Die Ausstellung von Zoomlion auf der bauma China 2020 bot einen Einblick in die Zukunft der Baumaschinen. So wurde beispielsweise eine intelligente Hebemaschine ohne Bedienungskabine, aber mit einem 5G-Fernbedienungszentrum präsentiert, das der Maschine „intelligentes” Berühren, Fühlen und Sehen ermöglicht.

Der ZTC-250NEV ist der weltweit erste elektrische LKW-Kran mit integrierter Bildverarbeitung, künstlicher Intelligenz und 5G-Kommunikation. Der kabinenlose Kran mit „Augen und Gehirn” erledigt intelligent gesteuerte Hebearbeiten per Knopfdruck.

Der Raupenkran ZCC18000 verfügt über die höchste Tonnage auf der gesamten Messe und hat eine hohe Hubleistung, die ihn zum perfekten Modell für das Heben von Windkraftanlagen an Land und an Offshore-Anlagen macht. Es ist mit der firmeneigenen No-Landing-Gegengewichtstechnologie von Zoomlion ausgestattet, die die Einsatzfläche um 60 % reduziert und eine branchenführende Hebeleistung bietet.

Zoomlion hat außerdem den ZT68J auf den Markt gebracht, eine selbstfahrende Arbeitsplattform mit geradem Arm, die mit ihrer Höhe von 67,5 Metern einen Weltrekord aufstellt und gleichzeitig eine bessere Leistung im Offroad-Betrieb und eine intelligente Steuerung garantiert.

Die Trockenmischanlagen des Unternehmens sind mit dem patentierten hochpräzisen automatischen Pulverdosiersystem Powerdos ausgestattet. Die intelligenten Funktionen wie Hohlausleger-Technologie, Kohlefaser-Betonrohr und Mensch-Maschine-Sprachinteraktion sowie ein intelligentes ETI-Steuerungssystem für Turmdrehkrane stießen bei den Besuchern der Messe ebenso wie dem weltweiten Online-Publikum auf große Begeisterung.

Während sich der globale Markt von den Auswirkungen der COVID-19-Krise erholt, setzt Zoomlion auf innovative Forschung und Entwicklung und freut sich auf die Zusammenarbeit mit allen Partnern. Der Aussteller veranstaltete einen 24-Stunden-Livestream in chinesischer und englischer Sprache, der es Kunden in aller Welt ermöglichte, an der bauma China 2020 teilzunehmen.

„Zoomlion hat seine Vision, die Errungenschaften der Branche zu teilen und die Branche mitzugestalten, nie geändert. Wir sind darauf vorbereitet, eine intelligente und perfekte Zukunft in Bezug auf umfassende Beratung, gemeinsame Beiträge und gemeinsamen Nutzen mitzugestalten”, erklärte Guo.

Informationen zu Zoomlion

Das 1992 gegründete Unternehmen Zoomlion Heavy Industry Science & Technology Co. (01157.HK) ist ein Unternehmen, das hochwertige Geräte herstellt und Maschinen, landwirtschaftliche Maschinen und Finanzdienstleistungen integriert. Das Unternehmen vertreibt heute mehr als 600 Spitzenprodukte aus 56 Produktlinien, die zehn wichtige Kategorien abdecken.

Foto – https://mma.prnewswire.com/media/1343696/image.jpg

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SOURCE Zoomlion

Source: https://www.prnewswire.com:443/news-releases/zoomlion-begeistert-auf-der-bauma-china-2020-mit-intelligenten-baumaschinen-der-nachsten-generation-und-sichert-sich-auftrage-im-wert-von-uber-3-milliarden-usd-819136293.html

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Energy

Zoomlion impressiona na Exposição bauma China 2020 com o lançamento de maquinários de construção inteligentes de última geração garantindo mais de US$ 3 bilhões em pedidos

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A Zoomlion está exibindo mais de 50 conjuntos de produtos de equipamentos de construção de nove linhas de produtos na bauma China 2020. Com novos lançamentos de produtos e eventos de transmissão ao vivo on-line para interagir com clientes globais, a Zoomlion fechou pedidos totalizando CNY 20 bilhões ( US$ 3,04 bilhões) na bauma China no dia 26 de novembro.

“A exposição destaca os produtos de ponta da geração 4.0 da Zoomlion e conquistas inovadoras que representam um salto qualitativo de inteligência,” disse o Sr. Guo Xuehong, vice-presidente da Zoomlion.

Assumindo a liderança no setor com produtos inteligentes inovadores e de última geração 

A exposição da Zoomlion na bauma China 2020 ofereceu um vislumbre do futuro dos maquinários de construção com uma demonstração de içamento inteligente sem a cabine de operação, mas com um centro de experiência de controle remoto 5G, a parte “inteligência” do equipamento tem a capacidade de tocar, sentir e ver.

O ZTC-250NEV é o primeiro caminhão guindaste elétrico do mundo que tem visão de máquina integrada, inteligência artificial e comunicação 5G. É um guindaste sem cabine, mas com “olhos e cérebro” para realizar tarefas de içamento inteligentes com o apertar de um botão.

O guindaste sobre esteiras ZCC18000 tem a tonelagem mais alta da feira, apresentando grande capacidade de içamento, o que o torna um modelo perfeito para içamento de energia eólica em terra e no mar. É equipado com a tecnologia de contrapeso de sobrecarga sem aterrissagem desenvolvida automaticamente pela Zoomlion, que reduz a área de operação em 60% e oferece o melhor desempenho de elevação do setor.

A Zoomlion também lançou a ZT68J, uma plataforma aérea automotora de braço reto que bate o recorde mundial de 67,5 metros de altura, garantindo melhor desempenho na operação fora da estrada e controle inteligente.

O equipamento de argamassa de mistura seca da empresa adota o sistema patenteado de dosagem automática de granulados com ultra-alta precisão patenteada Powerdos. As funções inteligentes, como tecnologia de lança oca, tubo de concreto de fibra de carbono e interação de voz homem-máquina e um sistema de controle inteligente ETI de guindaste de torre foram amplamente aclamados pelos visitantes da feira e pelo público mundial na transmissão ao vivo.

À medida que o mercado global se recupera dos impactos da COVID-19, a Zoomlion persiste com pesquisa e desenvolvimento inovadores e espera criar e compartilhar com todos os parceiros. O expositor apresentou uma transmissão ao vivo de 24 horas em chinês e inglês, permitindo que clientes em todo o mundo participassem da bauma China 2020.

“A Zoomlion nunca mudou sua visão de compartilhar as conquistas da indústria e co-construir a ecosfera do setor. Esperamos moldar um futuro inteligente e definitivo com base nos princípios de ampla consulta, contribuição conjunta e benefícios compartilhados,” disse o Sr. Guo.

Sobre a Zoomlion 

Fundada em 1992, a Zoomlion Heavy Industry Science & Technology Co., Ltd. (01157.HK) é uma empresa fabricante de equipamentos de última geração que integra maquinário de engenharia, maquinário agrícola e serviços financeiros. Atualmente, a empresa vende mais de 600 produtos de ponta de 56 linhas de produtos, cobrindo dez categorias importantes.

Foto – https://mma.prnewswire.com/media/1343794/image.jpg

FONTE Zoomlion

Related Links

www.zoomlion.com

SOURCE Zoomlion

Source: https://www.prnewswire.com:443/news-releases/zoomlion-impressiona-na-exposicao-bauma-china-2020-com-o-lancamento-de-maquinarios-de-construcao-inteligentes-de-ultima-geracao-garantindo-mais-de-us-3-bilhoes-em-pedidos-872461738.html

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Zoomlion cautiva en la exposición bauma China 2020 con el lanzamiento de maquinaria de construcción inteligente de próxima generación que asegura más de 3 mil millones de dólares en pedidos

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Zoomlion exhibirá más de 50 productos de equipos de construcción de nueve líneas de productos en bauma China 2020. A través de lanzamientos de nuevos productos y eventos de transmisión en vivo en línea interactuando con clientes globales, Zoomlion ha firmado pedidos por un total de 20 mil millones de yuanes chinos (3,04 mil millones de dólares) en bauma China a partir del 26 de noviembre.

“La exposición destaca los productos de alta gama de la generación 4.0 de Zoomlion y los logros innovadores que representan un salto cualitativo de inteligencia”, dijo el Sr. Guo Xuehong, vicepresidente de Zoomlion.

A la vanguardia en la industria con productos inteligentes innovadores de alta gama 

La exposición de Zoomlion en bauma China 2020 ofreció un vistazo al futuro de las maquinarias de construcción con una demostración de maquinaria de elevación inteligente sin cabina de operación, pero con un centro de experiencia de control remoto de 5G que le da a la parte “inteligente” del equipo la capacidad de tocar, sentir y ver.

El ZTC-250NEV es el primer camión grúa eléctrico del mundo que tiene visión artificial integrada, inteligencia artificial y comunicación de 5G, es una grúa sin cabina pero con “ojos y cerebro” para completar tareas de elevación inteligentes con solo presionar un botón.

La grúa sobre orugas ZCC18000 tiene el tonelaje más alto de la feria, con una gran capacidad de elevación que la convierte en el modelo perfecto para la elevación de energía eólica en tierra y mar. Está equipado con la tecnología de contrapeso de sobrecarga sin descanso desarrollada por Zoomlion que reduce el área de operación en un 60 % y ofrece un rendimiento de elevación líder en la industria.

Zoomlion también lanzó la ZT68J, una plataforma de trabajo aéreo autopropulsada de brazo recto que establece un récord mundial de 67,5 metros de altura, al tiempo que garantiza un mejor rendimiento en operaciones todoterreno y un control inteligente.

El equipo de mezcla de mortero seco de la compañía ha adoptado el sistema patentado de dosificación automática de polvo de ultra alta precisión Powerdos. Las funciones inteligentes, como la tecnología de brazo hueco, el tubo de hormigón de fibra de carbono y la interacción de voz hombre-máquina y un sistema de control inteligente de grúa torre ETI fueron ampliamente aclamados por los visitantes a la feria así como por la audiencia global de la transmisión en vivo.

A medida que el mercado global se recupera de los impactos de la COVID-19, Zoomlion persiste con la investigación y desarrollo innovadores que espera crear y compartir con todos los socios. El expositor organizó una transmisión en vivo de 24 horas en chino e inglés que permitió a los clientes globales participar en bauma China 2020.

“Zoomlion nunca ha cambiado su visión de compartir los logros de la industria y coconstruir la ecosfera de la industria. Esperamos dar forma a un futuro inteligente y definitivo en los principios de amplia consulta, contribución conjunta y beneficios compartidos”, dijo el Sr. Guo.

Acerca de Zoomlion 

Zoomlion Heavy Industry Science & Technology Co., Ltd. (01157.HK), fundada en 1992, es una empresa de fabricación de equipos de alta gama que integra maquinaria para ingeniería, maquinaria agrícola y servicios financieros. En la actualidad, la empresa comercializa más de 600 productos de última tecnología, organizados en 56 líneas que abarcan diez importantes categorías.

Foto – https://mma.prnewswire.com/media/1343795/image.jpg

FUENTE Zoomlion

Related Links

www.zoomlion.com

SOURCE Zoomlion

Source: https://www.prnewswire.com:443/news-releases/zoomlion-cautiva-en-la-exposicion-bauma-china-2020-con-el-lanzamiento-de-maquinaria-de-construccion-inteligente-de-proxima-generacion-que-asegura-mas-de-3-mil-millones-de-dolares-en-pedidos-800653658.html

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Energy

Insights on the Fatty Alcohol Global Market to 2026 – Featuring BASF, Ecogreen Oleochemicals & Godrej Industries Among Others

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DUBLIN, Nov. 27, 2020 /PRNewswire/ — The “Fatty Alcohol Market 2020-2026” report has been added to ResearchAndMarkets.com’s offering.

The global fatty alcohol market is anticipated to grow at a CAGR of 5.7% during the forecast period. Fatty alcohol is aliphatic alcohol with high-molecular-weight. Fatty alcohol is derived from natural fats and oils originating in plants and animals. Growth in the end product industry of fatty alcohol is the chief factor for the growth of the global market. However, the volatile price of petrochemical-derived products, COVID-19 pandemic, and unfavorable trade relations among major user countries are some of the restraining factors for the market.

The global fatty alcohol market is segmented based on the product, source, and application. Based on the product, the market is sub-segmented into C6-C10 fatty alcohols, C11-C14 fatty alcohols, and C15-C22 fatty alcohols. Based on the source, the market is sub-segmented into tropical oils, animal fats, soft oils, and others. Further, based on the application the market is sub-segmented into industrial & domestic cleaning, personal care, food & nutrition, pharmaceuticals, and others. Industrial & domestic cleaning is expected to hold the major market share during the forecast period. The global fatty alcohol market is further segmented based on geography into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is expected to hold the largest market share with a lucrative growth rate during the forecast period. It is due to the considerable demand from the high population base countries including China and India.

The key players of the global fatty alcohol market include BASF SE, Ecogreen Oleochemicals Inc., Godrej Industries Limited (GIL), Kao Corp., KLK OLEO Group of Companies, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations with government, and expansion to stay competitive in the market.

The Report Covers

  • Comprehensive research methodology of the global fatty alcohol market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global fatty alcohol market.
  • Insights about market determinants which are stimulating the global fatty alcohol market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

Key Topics Covered:

1. Report Summary
1.1. Research Business Functions and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations

3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. BASF SE
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Ecogreen Oleochemicals Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Godrej Industries Limited (GIL)
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Kao Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. KLK OLEO Group of Companies
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments

4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities

5. Market Segmentation
5.1. Global Fatty Alcohols Market by Product
5.1.1. C6-C10 Fatty Alcohols
5.1.2. C11-C14 Fatty Alcohols
5.1.3. C15-C22 Fatty Alcohols
5.2. Global Fatty Alcohols Market by Source
5.2.1. Tropical Oils
5.2.2. Animal Fats
5.2.3. Soft Oils
5.2.4. Others
5.3. Global Fatty Alcohols Market by Application
5.3.1. Industrial & Domestic Cleaning
5.3.2. Personal Care
5.3.3. Food & Nutrition
5.3.4. Pharmaceuticals
5.3.5. Others (Textile & Leather Processing)

6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles
7.1. Arkema SA
7.2. BASF SE
7.3. CREMER OLEO GmbH & Co. KG
7.4. Croda International plc
7.5. Ecogreen Oleochemicals Inc.
7.6. Emery Oleochemicals Sdn Bhd
7.7. Evonik Industries AG
7.8. Godrej Industries Ltd.
7.9. Jarchem Industries Inc.
7.10. Kao Corp.
7.11. KLK OLEO ( Kuala Lumpur Kepong Bhd Co.)
7.12. Musim Mas Holdings Pte. Ltd.
7.13. OLEON NV
7.14. Oxiteno USA LLC
7.15. P&G Chemicals
7.16. SABIC
7.17. Sasol Ltd.
7.18. Teck Guan (China) Ltd
7.19. VVFLtd.
7.20. Wilmar International Ltd.
7.21. Zhejiang Jiahua Energy Chemical Industry Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/kiwcpc

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.


Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

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Source: https://www.prnewswire.com:443/news-releases/insights-on-the-fatty-alcohol-global-market-to-2026—featuring-basf-ecogreen-oleochemicals–godrej-industries-among-others-301181169.html

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