News

News Releases

Lee Rice – In Memoriam

IBC sadly announces the passing of Mr. Lee Rice on August 20, 2014. Lee was a key member of the IBC team, previously serving as a director and VP Exploration for a number of years, and a great friend. Lee worked tirelessly and with enthusiasm for the Company, most notably providing significant geological expertise and leading IBC’s exploration programs ... Read More

Lockheed Martin Awards Contract to IBC Engineered Materials for BeralCast® Castings for F-35 Lightning II

IBC Advanced Alloys Corp. reports that its wholly owned US subsidiary, IBC Engineered Materials Corp., has been selected by Lockheed Martin Missiles and Fire Control to provide critical cast components for the Electro-Optical Targeting System (EOTS)  on the F-35 Lightning II. The first component covered by this contract is an EOTS azimuth gimbal housing to be manufactured using Beralcast®, the Company’s proprietary beryllium-aluminum casting alloy ... Read More

IBC Advanced Alloys Appoints Vorticom as Strategic Media Relations Advisors

IBC Advanced Alloys Corp. announces that Vorticom, Inc., has been engaged to publicize IBC and to provide strategic media consulting services to the Company as it works to raise its profile in key North American markets.  ... Read More

IBC’s Enhanced BeO Nuclear Fuel Exceeds Thermal Conductivity Expectations and Other Critical Performance Factors

IBC Advanced Alloys Corp. provides an update on the Company’s enhanced beryllium oxide (BeO) nuclear fuel R&D program being conducted at Purdue University, Texas A&M University and MIT. Recent results met or exceeded expectations in the critical areas of repeatability and scalability of fuel pellet production, and as-fabricated fuel pellet thermal conductivity ... Read More

IBC Advanced Alloys Corp. Closes Upsized $2.7 Million Financing

IBC Advanced Alloys Corp. has closed, subject to final regulatory approval including final approval of the TSX Venture Exchange, its previously announced non-brokered private placement by issuing 15,000,000 common share units (“Units”) of the Company at a price of $0.18 per Unit for gross proceeds of $2.7 million ... Read More

IBC Advanced Alloys Corp. Increases Non-Brokered Private Placement to $2.7 Million

IBC Advanced Alloys Corp. is pleased to announce that due to strong investor demand it has increased the non-brokered private placement previously announced on March 5, 2014. The Company will now issue up to 15,000,000 common share units (“Units”) at a price of $0.18 per Unit for gross proceeds of up to $2,700,000 (the “Offering”) ... Read More

IBC Advanced Alloys Corp. Announces Non-Brokered $1.5 Million Private Placement

IBC Advanced Alloys Corp. has accepted private placement subscription agreements for 8,333,333 common share units (“Units”) of the Company at an issue price of $0.18 per Unit for gross proceeds of $1,500,000 (the “Offering”). The Offering is non-brokered and scheduled to close on or before March 12, 2014 (the “Closing Date”) and is subject to necessary approvals including the approval of the TSX Venture Exchange ... Read More

IBC Advanced Alloys Issues Shares for Consulting Services

IBC Advanced Alloys Corp. further to IBC’s news release of January 28, 2014 the company has issued 427,778 common shares at a price of $0.135 per common share to an arms-length consultant. This issuance represents payment for the second six months of services provided by the consultant pursuant to a one-year consulting agreement. This transaction has been approved by the TSX Venture Exchange ... Read More

IBC Engineered Materials Awarded Hard Tooling Contract from Lockheed Martin for F-35 Lightning II Application

IBC Advanced Alloys Corp. reports that its wholly owned US subsidiary, IBC Engineered Materials Corp. (“IBC-EMC”) has been awarded an investment casting hard tooling contract from Lockheed Martin in support of its F-35 Lightning II Electro-Optical Targeting System (EOTS) ... Read More

IBC Advanced Alloys Signs Memorandum of Understanding with Nu-Cast, Inc.

IBC Advanced Alloys Corp. has signed a non-binding memorandum of understanding (“MOU”) with Nu-Cast, Inc. (“Nu-Cast”), based in Londonderry, NH, to collaborate with IBC on new beryllium-aluminum investment casting projects and opportunities, initially for the aerospace sector ... Read More

IBC Advanced Alloys to Issue Shares for Consulting Services

IBC Advanced Alloys Corp. has agreed to settle an obligation of $57,500 owed to an arms-length consultant by issuing 425,926 common shares based on an agreed price of $0.135 per common share, being the discounted market price under TSX Venture Exchange rules ... Read More

IBC Advanced Alloys Grants Incentive Stock Options

IBC Advanced Alloys Corp. has granted incentive stock options to directors and officers of the Company, as well as to senior management and certain key employees, consultants and an IR provider of IBC and its wholly owned operating subsidiaries, for the option to purchase an aggregate of up to 1,955,000 common shares of the Company. Insiders of the Company were granted 1,015,000 options ... Read More

IBC Advanced Alloys Appoints The Howard Group As Strategic Investor Communications Advisor

IBC Advanced Alloys Corp. has retained The Howard Group Inc. to advise and support the Company with strategic investor communication programs. The Howard Group will direct both traditional and online initiatives targeting the investment and institutional communities and the investing public ... Read More

IBC Engineered Materials Working with Lockheed Martin to Qualify Beralcast® Alloys for F-35 Lightning II Applications

IBC Advanced Alloys Corp. reports that its wholly owned US subsidiary, IBC Engineered Materials Corp. (“IB-EMC”) is in the final stages of a materials and production qualification process with Lockheed Martin’s F-35 Electro-optical Targeting System (EOTS) team based in Orlando, Florida ... Read More

IBC Signs Memorandum of Understanding with Global Nuclear Fuels America and Ceramic Tubular Products to Advance Nuclear Fuel Initiatives

IBC Advanced Alloys Corp. is pleased to announce that it has signed a memorandum of understanding (the “MOU”) with Global Nuclear Fuel – Americas, LLC (“GNF-A”) and Ceramic Tubular Products, LLC (“CTP”) toexplore opportunities to collaborate on nuclear fuel research. The MOU was signed following meetings at the recent American Nuclear Society’s annual Top Fuels conference where IBC presented recent R&D developments on its beryllium oxide (“BeO”) nuclear fuel focused on developing a safer and more accident tolerant nuclear fuel ... Read More

IBC Advanced Alloys Provides Update on Copper Alloys Operations and Announces Development of New Alloy

IBC Advanced Alloys Corp. is pleased to provide an important update on ongoing sales and marketing initiatives as well as new product and alloy development projects at its Copper Alloys division based in Franklin, Indiana ... Read More

IBC to Present at American Nuclear Society Top Fuels Conference 2013

IBC Advanced Alloys Corp. is pleased to announce that it will present its beryllium oxide (“BeO”) nuclear fuel research at the American Nuclear Society’s annual Top Fuels Light Water Reactor Fuel Performance meeting being held September 15 – 19 in Charlotte, NC. IBC’s work focuses on developing an enhanced beryllium oxide, more accident tolerant, nuclear fuel for both current and future nuclear reactors. Recent developments will be presented at the conference ... Read More

IBC at SPIE Optics + Photonics 2013 Conference

IBC Advanced Alloys Corp. released a white paper and presented a preliminary analysis of IBC’s proprietary Beralcast® alloys as a cost-effective high performance alloy solution for advanced optical applications at the recent SPIE Optics + Photonics 2013 Conference in San Diego. The white paper confirmed that significant cost savings are potentially achievable with the mirror design selected for the study ... Read More

IBC Provides Information on Recent Market Activity

IBC Advanced Alloy Corp. provides an updated on recent trading in the Company’s shares on the TSX Venture Exchange. In its July 2, 2013 news release, the Company reported that it was "aware that there has been a recent increase in trading activity of the Company’s shares and a decline in its stock price" but was "not aware of any adverse material changes in the operations of, or prospects for, the Company that would explain this activity." ... Read More

IBC Advanced Alloys Provides Update on Beryllium Oxide R&D

IBC Advanced Alloys Corp. reports that the Massachusetts Institute of Technology (“MIT”) has completed its initial review and delivered a fuel performance report validating the feasibility of IBC’s patented beryllium oxide (“BeO”) nuclear fuel technology combined with Ceramic Tubular Products, LLC (“CTP”) silicon carbide cladding. ... Read More