Author: sHq_LoGiNz

GOTHENBURG, Sweden, Sept. 11, 2025 /PRNewswire/ — SKF has been awarded an `A’ score in the 2024 CDP Supplier Engagement Assessment (SEA), placing the company among the global leaders in supplier climate action and transparency. This recognition follows SKF’s earlier A rating for Climate from CDP, underscoring the Group’s commitment to environmental leadership across its operations and supply chain. 

CDP is a global non-profit that runs the world’s only independent environmental disclosure system for companies, capital markets, cities, states and regions to manage their environmental impacts. The SEA evaluates how effectively companies engage their suppliers on climate-related issues, focusing on governance, targets, Scope 3 emissions, and value chain engagement. SKF achieved top scores across all categories, including an A in governance and business strategy, targets, Scope 3 emissions (including verification), and supplier engagement. 

Earlier in the year, SKF also received an A rating from CDP for climate, placing it in the top 2% of all companies scored. A record 22,700+ companies were scored in 2024, however, just 515 companies achieved an A score, underlining SKF’s sustainability commitment. 

“Being recognised by CDP for both our climate transformation progress and supplier engagement demonstrates that our strategy is not only ambitious but also credible and measurable. This recognition reflects our deep commitment to decarbonizing our own operations but also the broader value chain. Real climate impact requires collaboration, and we are proud to work closely with our suppliers to drive meaningful change,” says Sofie Runius Cederberg, Head of Sustainability at SKF. 

Within the categories of the rating, SKF scored the highest possible grade A in 15 of the 16 areas. Of particular note, SKF received an A score in the Verification (Incl. Emissions) category, where the global category average is a D score. Additionally, SKF received an A score in the Emissions Reduction Initiatives and Low Carbon Products and Value Chain Engagement categories, where the global category average is a C score. 

The full list of companies on CDP’s 2024 Supplier Engagement A List is available at: https://www.cdp.net/en/companies/companies-scores.

SKF has committed to achieving net-zero greenhouse gas emissions across its supply chain by 2050. The company continues to make strong progress toward its 2030 decarbonized operations target and accelerated its decarbonization efforts in 2024 by achieving a year-on-year emission reduction for scope 1 and 2 emissions of 32%, up from 18% in the previous year. In addition, SKF has made significant strides in renewable energy adoption. In 2024, 72% of SKF’s electricity use came from renewable sources, up from 64% in 2023. 

For more information on SKF’s path to Net-Zero emissions, click here.

Aktiebolaget SKF

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For further information, please contact:
Press Relations: Sian How, +447970 737470; sian.how@skf.com
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com

This information was brought to you by Cision http://news.cision.com

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SOURCE SKF

SACRAMENTO, Calif., Sept. 10, 2025 /PRNewswire/ — Eleventh-hour California legislation creating a regional grid eliminates all the guardrails added by the Senate and opens California consumers to price gouging, having to pay for coal power and federal preemption of California’s public health, environmental and cost containment laws.

AB 825 (Petrie-Norris, Rivas, Becker) was only put in print at 5:43 AM this morning, so it cannot be heard by the legislature until Saturday morning in the last hours of session, leaving no time for debate or amendment.

The bill removes all the important checks and balances amended into SB 540 (Becker) in the Senate. 

“Shame on the legislature and Governor for participating in this eleventh hour power grab that rewrites the state’s electricity laws to give a blank check to the energy traders that control the regional organization to charge whatever the market will bear and use whatever polluting power source they want,” said Jamie Court, president of Consumer Watchdog.

“This bill flies in the face of everything we have learned as a state about allowing free market traders to set the price of our electricity and trusting Trump’s FERC not to disregard our clean energy laws. Every legislator who votes for the bill will be complicit. We urge legislators not to vote on AB 825, which is a modern repeat of AB 1890, the 1996 disastrous deregulation law passed unanimously at the end of session. The legislators who voted for AB 1890 never lived it down and neither will those who vote for AB 825.”

AB 825:

• Releases the Independent Systems Operator (ISO) and the regional organization (RO) from following California’s anti-price gouging law — requirements of Public Utilities Code 345.5(b), the Enron era law that required that electricity operators had to maximize supply and minimize price (erasing a Senate amendment in SB 540 that required the Code to apply.)
• Allows for coal power to be mandated by FERC and weakens California’s right to withdraw by allowing Trump’s FERC to mandate additional withdrawal conditions (erasing Senate amendments that sought to address both issues ).
• Allows for controversial capacity markets (prohibited under the Senate version) that are the big cost drivers in East Coast grid manager PJM, because it requires the reserving of capacity whether or not the electricity is used.
• Permits the entrance into the Western grid without the prior approval of the legislature or constitutional officers (removing a guardrail the Senate added).

AB 825 is opposed by the Consumer Watchdog, the Center for Biological Diversity, the Environmental Working Group, Former PUC President Loretta Lynch, Indivisible, Public Citizen, TURN (The Utility Reform Network), and The Protect Our Communities Foundation. 

Read the full analysis by former PUC President Loretta Lynch.

Court noted how the recently deceased Senate leader John Burton adamantly opposed electricity regulation in a recent memo to the legislature asking them not to vote on AB 825.

“John Burton is rolling over in his coffin over AB 825,” Court said.

 

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SOURCE Consumer Watchdog

Trading Symbol: TSX/NYSE American: SVM

VANCOUVER, BC, Sept. 10, 2025 /PRNewswire/ – Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE American: SVM) is pleased to announce the publishing of its annual Sustainability Report for the year ended March 31, 2025 (“Fiscal 2025”), detailing the Company’s environmental, social, and governance (“ESG”) commitments, performance, and targets.

“In Fiscal 2025, we made steady progress across five strategic pillars: governance effectiveness, ecological protection, climate resilience, operational safety, and shared community prosperity,” said Dr. Rui Feng, Chair and CEO of Silvercorp. “This year’s report outlines how our efforts support high-quality development in the mining sector and demonstrate a transparent, resilient approach to sustainability for our stakeholders worldwide.”

Highlights of Silvercorp’s Fiscal 2025 Sustainability Report

• $1.3 million invested in local community initiatives
• Over 68,000 hours of employee training delivered, a 115% increase over the previous year
• 44% reduction from the previous year in the Lost Time Incident Rate (LTIR) to 0.52
• 17% reduction in Scope 1 & 2 GHG emissions from our 2020 baseline
• Zero significant environmental incidents
• Strengthened governance with the addition of four new corporate policies: Biodiversity Policy, Tailings Facility Management Policy, Procurement Policy, and Board Diversity Policy

Reporting Frameworks

The report has been prepared with reference to the Global Reporting Initiative (GRI) Standards, the United Nations Sustainable Development Goals (SDGs), the relevant aspects of the Task Force on Climate-Related Financial Disclosures (TCFD), the Global Industry Standard on Tailings by the International Council on Mining and Metals (ICMM), and the Sustainability Accounting Standards Board (SASB) standard on Metals and Mining.

The full 2025 Sustainability Report is available for download at www.silvercorpmetals.com, along with the applicable ESG data tables and GRI indices at www.silvercorpmetals.com/reporting/.

About Silvercorp

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company’s strategy is to create shareholder value by 1) focusing on generating free cash flow from long life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long term commitment to responsible mining and ESG. For more information, please visit our website at www.silvercorpmetals.com.

For further information

Silvercorp Metals Inc.
Lon Shaver
President
Phone: (604) 669-9397
Toll Free 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www.silvercorpmetals.com

CAUTIONARY DISCLAIMER – FORWARD-LOOKING STATEMENTS

The TSX and NYSE-American have not reviewed and do not accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

This news release does not constitute, and is not, an offer or solicitation of an offer of securities.

This news release includes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable securities laws relating to, among other things, without limitation, statements regarding the Company’s ESG targets. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.  Forward-looking information may in some cases be identified by words such as “will”, “anticipates”, “expects”, “intends” and similar expressions suggesting future events or future performance.

We caution that all forward-looking information is inherently subject to change and uncertainty and that actual results may differ materially from those expressed or implied by the forward-looking information. A number of risks, uncertainties and other factors, including  fluctuating commodity prices; recent market events and condition; estimation of mineral resources, mineral reserves and mineralization and metal recovery; interpretations and assumptions of mineral resource and mineral reserve estimates; exploration and development programs; climate change; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and economic returns of future production; integration of future acquisitions into existing operations; permits and licences for mining and exploration in China; title to properties; non-controlling interest shareholders; acquisition of commercially mineable mineral rights; financing; competition; operations and political conditions; regulatory environment in China; regulatory environment and political climate in Bolivia and Ecuador; integration and operations of Adventus; environmental risks; natural disasters; dependence on management and key personnel; foreign exchange rate fluctuations; insurance; risks and hazards of mining operations; conflicts of interest; internal control over financial reporting as per the requirements of the Sarbanes-Oxley Act; outcome of current or future litigation or regulatory actions; bringing actions and enforcing judgments under U.S. securities laws; cyber-security risks; public health crises; the Company’s investment in New Pacific Metals Corp. and Tincorp Metals Inc.;  and the other risk factors described in the Company’s latest 40-F/Annual Information Form, and Management’s Discussion and Analysis, each under the heading “Risk Factors” available on www.sedarplus.ca and www.sec.gov; could cause actual results and events to differ materially from those expressed or implied in the forward-looking information or could cause our current objectives, strategies and intentions to change. Accordingly, we warn investors to exercise caution when considering statements containing forward-looking information and that it would be unreasonable to rely on such statements as creating legal rights regarding our future results or plans. We cannot guarantee that any forward-looking information will materialize and you are cautioned not to place undue reliance on this forward-looking information. Any forward-looking information contained in this news release represents expectations as of the date of this news release and is subject to change after such date. However, we are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information, the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law. All of the forward-looking information in this news release is qualified by the cautionary statements herein.

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SOURCE Silvercorp Metals Inc.

Steel is about to become cheaper and cleaner

MELBOURNE, Australia, Sept. 10, 2025 /PRNewswire/ — Low-emission steel platform Metal Logic has secured a strategic location in Western Australia’s iron ore–rich Pilbara region to deploy its ‘smelting as a service’ model.

The company will utilize its Australian-invented, modular and scalable array smelting technology at industrial scale with an initial array deployment of 1Mtpa then ramping up mass production from Melbourne.

The technology, invented and developed for commercialisation in Australia, enables the processing of lower-grade ores, extends mine life, and offers a cost advantage to local manufacturers—ushering in a new era of jobs and regional resilience.

Chief Executive Joel Nicholls confirmed that Metal Logic has secured land from a private entity within 20 kilometres of the key rail lines that transport more than half of the Pilbara’s iron ore to the coast for export.

“Metal Logic intends to deploy its modular, scalable array smelter at this location, delivering our ‘clean steel’ solution to the market,” Mr. Nicholls stated.

“Our platform allows treatment of lower-grade iron ore, enabling operations to continue below previous cut-off grades and unlocking previously stranded or care-and-maintenance deposits,” he explained.

“We are expanding our team and seeking people with the skills needed for our next deployment phase. Metal Logic is already evaluating stranded and care-and-maintenance iron ore resources to determine their suitability for our process. We need experts, from resource assessors to engineers, to help us scale our solution.”

Focusing on thermodynamic efficiency to minimize costs and lower emissions, Metal Logic’s technology is economically viable without requiring government subsidies.

“We aim to unlock previously stranded mineral resources and deliver value-added processing to regions, allowing taxpayer funds to be directed to other priorities such as education, health, and manufacturing,” said Mr Nicholls.

Mr. Nicholls added that Metal Logic has received strong backing from global steel and iron ore industry leaders, further validating the strategic importance of its new Pilbara site, located close to major rail and Port Hedland.

Unlocking a New Era in Steel and Resource Value Chains

For more than a century, steel production has relied on furnaces that waste up to half their input energy. Even modern blast furnaces and their “green” alternatives operate at only 25–65% of the thermodynamic ceiling of approximately 7.5 gigajoules per tonne of iron^[1]. As a result, entrenched reliance on coal, coke, and outdated furnaces generates over 2.8 billion tonnes of CO₂ emissions annually^[2], while keeping steel prices high and locked into inefficient chemistry.

Metal Logic’s approach aims to reset the steel value chain by supporting two types of customers:

Resource owners with stranded assets:

The technology makes lower-grade ores economically feasible, extends mine life, and reduces environmental impact by processing deposits that would otherwise remain untapped. Locating smelters near these resources also minimizes shipping inefficiencies and keeps value creation local, potentially adding up to $400 USD in value per tonne of ore retained in Australia—creating jobs and new industries.

Steel buyers seeking traceability:

Metal Logic offers steel with traceability and verifiable CO2 footprints. Advanced electrochemical, photonic, and molecular-scale separation methods allow efficiency beyond traditional methods, reducing the need for bulk shipping of ore and waste.

The Purpose:

Australia has long exported raw ore and repurchased high-value manufactured goods. Metal Logic’s platform aims to “industrialize” resource-rich regions, extend mine life, reduce environmental footprints, and supply downstream industries with lower-cost, traceable steel. For miners, it unlocks marginal resources; for manufacturers and nations, it delivers affordable, cleaner steel at scale. For communities, it means jobs and resilience—not the loss seen with past industry closures.

By bringing miners and steel buyers together on a single platform, the company hopes to deliver environmental and economic benefits for all stakeholders.

About Metal Logic

Metal Logic operates research, development, laboratory, smelter development, and production facilities in Victoria, with offices in Perth and Melbourne. With its newly secured site near Port Hedland in the Pilbara, the company is advancing the commercialization of modular, scalable clean steel smelting technology that aims to provide steel at a lower cost than traditional black carbon methods.

www.metallogic.com

 

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SOURCE Metal Logic