Ferroglobe PLC

Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. It provides silicone chemicals that are used in a range of applications, including personal care items, construction-related products, health care products, and electronics, as well as silicon metal for primary and secondary aluminum producers; silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese that is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel. The company also offers ferrosilicon products that are used to produce stainless steel, carbon steel, and various other steel alloys, as well as to manufacture electrodes and aluminum; calcium silicon, which is used in the deoxidation and desulfurization of liquid steel, and production of coatings for cast iron pipes, as well as in the welding process of powder metal and in pyrotechnics; and nodularizers and inoculants, which are used in the production of iron. In addition, it provides silica fume, a by-product of the electrometallurgical process of silicon metal and ferrosilicon. Further, the company operates quartz mines in Spain, South Africa, the United States, and Canada; and low-ash metallurgical coal mines in the United States, as well as holds interests in hydroelectric power plant in France. It serves silicone chemical, aluminum, and steel manufacturers; auto companies and their suppliers; ductile iron foundries; manufacturers of photovoltaic solar cells and computer chips; and concrete producers. The company was formerly known as VeloNewco Limited and changed its name to Ferroglobe PLC in December 2015. The company was incorporated in 2015 and is headquartered in London, the United Kingdom. Ferroglobe PLC is a subsidiary of Grupo Villar Mir, S.A.U.

Ferroglobe is one of the world’s leading suppliers of silicon metal, silicon-based and manganese-based specialty alloys and ferroalloys, serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy. 

✨ 2023 is only a few days away from ending and, looking back at the significant progress made by Ferroglobe PLC this year, we would like to express our gratitude to all our people, customers, suppliers, partners, shareholders and families. 

👫 Your relentless support has been essential in overcoming the challenges we have encountered and, together, we envision a promising future of growth. Driven by #innovation, #sustainability and overall #excellence, our journey continues in an exciting direction. 

🥂 Thank you for your inspiring energy and for belonging to this great family. 🎄 #HappyHolidays and best wishes for 2024. 

🎥 Dearly play our video below to see Ferroglobe Season’s Greetings to you! https://lnkd.in/d7suwcDk 

🚀 After more than three years of leading the Company's transformation and regaining competitiveness, Ferroglobe PLC is now focused on #growth and the consolidation of its operations. To this end, our company is guided primarily by the principle of constant evolution, placing #quality, #innovation and #sustainability as its main growth levers.

🗞 Mining & Minerals Today has shown interest in how Ferroglobe is preparing for the future by aligning its business strategy with evolving global megatrends such as decarbonization and electrification. 

The specialized magazine interviewed Marco Levi, our CEO, in a conversation in which he highlighted how #siliconmetal has evolved into a critical material, the strategic importance of our silicon metal power project for batteries and other advanced technologies, and how Ferroglobe is thinking ahead to maintain its strong position in shaping the #energytransition.

“Ferroglobe’s main ambition is to lead the silicon metal and alloys-based production in the western world and strive for our economic activity to positively contribute to building a more sustainable world for the future”, said Marco Levi. 

Read the full interview here (page 30) 👉 https://lnkd.in/d6zDTJPy

#BuildingOurFuture 

🏅 Last week Ferroglobe PLC was honored to receive the award for the ‘most innovative business project in the field of technology' in the ‘XVI Premios Cinco Días a la Innovación Empresarial’ ceremony, in recognition of our R&D project on #siliconmetal powder for batteries and other advanced technologies developed at our plant in Sabón (Galicia, Spain).

💡 Benoist OLLIVIER, our Chief Technology and Innovation Officer, represented the company by receiving this prize, which acknowledges our continued history of innovation and our dedication to building a more #sustainable world, by supporting the development of the #electricvehicle and the #decarbonization of transport.

🔋 As leader of this strategic area for the future of Ferroglobe, Benoist shared in an interview with Cinco Días the keys to the project, the milestones achieved, its extraordinary potential in essential markets for the #energytransition and the next steps ahead to continue creating value for society as a whole.

“We aim to lead the markets for the production of silicon metal and its alloys. In the area of innovation, our ambition is to lead the supply of high-purity silicon metal, providing the highest quality product to accelerate the energy transition, and to continue to meet the targets set out in our ESG strategy for the period 2022-2026”, affirmed Benoist to Cinco Días.

🗞 Check the full interview here 👉 https://lnkd.in/dFPZAkcw 

#LeadingTheFuture #InspiringInnovation

🏅At Ferroglobe PLC we were honored to receive yesterday the award for the ‘most innovative business project in the field of technology', granted by the Spanish leading economic outlet Cinco Días, for our R&D project on #siliconmetal powder for batteries and other advanced technologies developed at our plant in Sabón (Galicia, Spain).

🔋 Benoist OLLIVIER, our Chief Technology and Innovation Officer received the award from Carlos Nuñez Murias, Executive Chairman of PRISA Media, at the ‘XVI Premios Cinco Días a la Innovación Empresarial’ ceremony, in which our success in producing an extremely high purity silicon metal and our contribution to the #energytransition were recognized.

“We have succeeded in producing a critical material to decarbonize mobility and to improve sustainability in various industries, and we intend to continue this path. An award like this is not a finishing point, but the starting point that inspires us to continue investing in a project with extraordinary potential to progress towards a more sustainable world”, noted Benoist as he took the stage to collect the award.

🤝 We thank Cinco Días and PRISA for acknowledging our efforts to build a more #sustainable world and would like to congratulate the other winners for their projects and for contributing to the transformation of society through innovation (LINKERDRIVE, Securitas Seguridad España, DPAM, Escribano Mechanical and Engineering). 

🗞 Click here to see more about the gala 👉 https://lnkd.in/dGE2ASDZ

#LeadingTheFuture #InspiringInnovation 

📸: Pablo Monge and Juan Lázaro


🔋 In 2017, Ferroglobe PLC initiated an R&D project on #siliconmetal powder for batteries and other advanced technologies at its plant in Sabón (Galicia, Spain). After several years of investment and industrial research, we succeeded in producing an extremely high purity silicon metal through an innovative, efficient process with a limited impact on the environment.

🚀 This milestone has led us to join different industrial consortiums and sign several MOUs with leading companies in the sector, turning Ferroglobe into one of the market's key suppliers. As a result, the project is currently in a transition from #innovation to large-scale industrialization and commercialization.

🏆 Our project, which is already bringing multiple benefits to markets such as electric vehicles, semiconductors and advanced ceramics, has been recognized by Spain's leading economic outlet Cinco Días as the 'most innovative business project in the field of technology' 👉 https://lnkd.in/dH5XCa-x 

🤝 We are grateful to Cinco Días and PRISA for recognizing the innovative technologies we have developed, as well as for acknowledging our contribution to the #energytransition by unlocking the potential of silicon metal as a critical material to build a more #sustainable world.

#LeadingTheFuture #InspiringInnovation

NASDAQ:GSM

Ferroglobe

Last Close

5.41

26/07 20:00

Market Cap

1.07B

Beta: 2.22

Volume Today

518.28K

Avg: 1.25M

PE Ratio

7.80

PFCF: 4.83

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