RHI Magnesita

RHI Magnesita RHI Magnesita is the driving force of the
refractory industry. For more information please visit: www.rhimagnesita.com

About RHI Magnesita

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions,

RHI Magnesita serves customers around the world, with over 20,000 employees in 76 main production sites (including recycling facilities), 16 raw material sites and more than 70 sales offices. RHI Magnesita intends to leverage its leadership in terms of revenue, scale, product portfolio and diversified geographic presence to target strategically those countries and regions benefiting from more dynamic economic growth prospects. The Group is listed within the Equity Shares (Commercial Companies) category (“ESCC”) of the Official List of the London Stock Exchange (symbol: RHIM) and is a constituent of the FTSE 250 index, with a secondary listing on the Vienna Stock Exchange (Wiener Börse).

𝗜𝗻𝘀𝗶𝗱𝗲 𝗠𝗜𝗥𝗘𝗖𝗢: 𝗖𝗹𝗼𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗟𝗼𝗼𝗽 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿𝗶𝘁𝘆Building a   requires more than recycling. It requires an integrated ...
27/08/2026

𝗜𝗻𝘀𝗶𝗱𝗲 𝗠𝗜𝗥𝗘𝗖𝗢: 𝗖𝗹𝗼𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗟𝗼𝗼𝗽 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿𝗶𝘁𝘆

Building a requires more than recycling. It requires an integrated network that can recover, process, and return valuable materials to industry.

Across Europe, MIRECO plays a central role in making this possible. Through its network of recycling sites, MIRECO helps to transform spent refractory materials into regional and valuable circular raw materials for various applications, supporting more supply chains and a more resource-efficient refractory industry.

At the heart of this approach is the 𝗖𝗘𝗥𝗢 𝗪𝗔𝗦𝗧𝗘 philosophy: working together with customers to give spent refractory materials a new lease of life and bring them back into the supply and value chain as refractory and metallurgical raw materials. By keeping valuable resources in circulation and avoiding landfill, 𝗖𝗘𝗥𝗢 𝗪𝗔𝗦𝗧𝗘 turns closed-loop recycling into a driver of responsible resource use and greater security of supply.

Because circularity doesn’t end with material recovery. It continues by giving materials a second life and keeping them in the loop.

𝗥𝗛𝗜 𝗠𝗮𝗴𝗻𝗲𝘀𝗶𝘁𝗮 𝗼𝗽𝗲𝗻𝘀 𝗮 𝗻𝗲𝘄 𝗰𝗵𝗮𝗽𝘁𝗲𝗿.We are pleased to announce the appointment of 𝗚𝘂𝘀𝘁𝗮𝘃𝗼 𝗙𝗿𝗮𝗻𝗰𝗼 𝗮𝘀 𝗖𝗵𝗶𝗲𝗳 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗢𝗳𝗳𝗶𝗰𝗲...
18/08/2026

𝗥𝗛𝗜 𝗠𝗮𝗴𝗻𝗲𝘀𝗶𝘁𝗮 𝗼𝗽𝗲𝗻𝘀 𝗮 𝗻𝗲𝘄 𝗰𝗵𝗮𝗽𝘁𝗲𝗿.

We are pleased to announce the appointment of 𝗚𝘂𝘀𝘁𝗮𝘃𝗼 𝗙𝗿𝗮𝗻𝗰𝗼 𝗮𝘀 𝗖𝗵𝗶𝗲𝗳 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗢𝗳𝗳𝗶𝗰𝗲𝗿 𝗼𝗳 𝗥𝗛𝗜 𝗠𝗮𝗴𝗻𝗲𝘀𝗶𝘁𝗮, 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝟭 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟲. Gustavo will succeed Stefan Borgas, who will step down after ten years as CEO.

Gustavo brings more than two decades of industry experience and a deep understanding of our Group, our customers, our people and our global operations. Since joining Magnesita in 2001, he has built his career across technical, commercial and leadership roles in South America, North America and Europe. He currently serves as Chief Customer Officer.

We extend our sincere thanks to Stefan for his outstanding contribution and leadership over the past decade. Under his leadership, the merger of RHI and Magnesita created the global leader in refractories and established a stronger, more diversified and more resilient business. Stefan has also driven our strategic focus on customer partnership, operational excellence, sustainability, digitalisation and innovation.

Gustavo and Stefan will work closely together through a structured handover ahead of the transition.

Please join us in congratulating Gustavo and thanking Stefan as RHI Magnesita begins this important new chapter.

𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁: https://www.rhimagnesita.com/rhi-magnesita-opens-a-new-chapter-with-the-appointment-of-gustavo-franco-as-chief-executive-officer/

♻️ Inside BPI: Advancing Circular SolutionsRecycling is about much more than recovering materials; it's about transformi...
13/08/2026

♻️ Inside BPI: Advancing Circular Solutions

Recycling is about much more than recovering materials; it's about transforming them into useful that support new industrial applications.

As one of RHI Magnesita's key recycling hubs in North America, 𝗕𝗣𝗜 plays an important role in our global recycling platform. By processing raw materials and developing applications for the steel industry and beyond, BPI helps keep spent materials in productive use while strengthening regional supply chains.

Swipe through to discover how 𝗕𝗣𝗜 is helping advance circularity across North America.

06/08/2026

Every kilogram of steel recovered matters.

Residual steel left in the ladle after tapping affects metal yield, productivity, and operating costs. Improving steel recovery without compromising process stability remains an important challenge in secondary refining.

Our latest Bulletin article explores how RHI Magnesita's patented IBOS (Improved Bottom Optimised Solution) combines CFD-optimised ladle bottom design with precast refractory technology to improve steel drainage efficiency while simplifying installation.

Industrial validation at Brazilian steel plants demonstrated that IBOS can reduce metallic losses and improve metal yield through enhanced liquid steel drainage efficiency. The study also highlights faster installation, reduced manual handling, and lower carbon consumption compared with conventional refractory bottoms.

🎥 Watch the teaser for the key insights.

📖 Read the full article in Bulletin 2025: https://bit.ly/4hif0Yw

We are excited to announce the launch of 𝗠𝗜𝗡𝗣𝗥𝗢, following the successful completion of the joint venture between 𝗥𝗛𝗜 𝗠𝗮...
04/08/2026

We are excited to announce the launch of 𝗠𝗜𝗡𝗣𝗥𝗢, following the successful completion of the joint venture between 𝗥𝗛𝗜 𝗠𝗮𝗴𝗻𝗲𝘀𝗶𝘁𝗮 and 𝗞𝗵𝗲𝗺𝗸𝗮 𝗥𝗲𝗳𝗿𝗮𝗰𝘁𝗼𝗿𝗶𝗲𝘀.

𝗠𝗜𝗡𝗣𝗥𝗢 will combine RHIM’s global expertise with Khemka’s strong local presence to advance refractory recycling and circular mineral solutions in India. Based in Odisha, the company will recover, process, and reuse spent refractory materials, supporting a more resilient and resource-efficient supply chain.

𝗝𝘆𝗼𝘁𝗶𝗿𝗺𝗼𝘆 𝗕𝗵𝗮𝘁𝘁𝗮𝗰𝗵𝗮𝗿𝗷𝗲𝗲 will take on the position as 𝗖𝗘𝗢 𝗼𝗳 𝗠𝗜𝗡𝗣𝗥𝗢. Currently, he serves as Head of Sales Steel India at RHI Magnesita. Jyotirmoy will remain in his current role at RHI Magnesita until his successor has been appointed, ensuring a smooth leadership transition.

This marks another important milestone in our commitment to advancing and supporting sustainable industrial growth in India.

𝗥𝗛𝗜 𝗠𝗮𝗴𝗻𝗲𝘀𝗶𝘁𝗮 𝗛𝟭 𝟮𝟬𝟮𝟲 𝗥𝗲𝘀𝘂𝗹𝘁𝘀: 𝗖𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝘁 𝘀𝗲𝗹𝗳-𝗵𝗲𝗹𝗽 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗮𝗻𝗱 𝘀𝘁𝗿𝗼𝗻𝗴 𝘀𝘁𝗲𝗲𝗹 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘀 𝟰𝟮% 𝗔𝗱𝗷. 𝗘𝗕𝗜...
31/07/2026

𝗥𝗛𝗜 𝗠𝗮𝗴𝗻𝗲𝘀𝗶𝘁𝗮 𝗛𝟭 𝟮𝟬𝟮𝟲 𝗥𝗲𝘀𝘂𝗹𝘁𝘀: 𝗖𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝘁 𝘀𝗲𝗹𝗳-𝗵𝗲𝗹𝗽 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗮𝗻𝗱 𝘀𝘁𝗿𝗼𝗻𝗴 𝘀𝘁𝗲𝗲𝗹 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘀 𝟰𝟮% 𝗔𝗱𝗷. 𝗘𝗕𝗜𝗧𝗔 𝗴𝗿𝗼𝘄𝘁𝗵 𝗼𝗻 𝗰𝗼𝗻𝘀𝘁𝗮𝗻𝘁 𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗯𝗮𝘀𝗶𝘀

We delivered a solid earnings improvement despite continued softness across refractory markets and a material foreign exchange headwind.

𝗞𝗲𝘆 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲:
• Adjusted EBITA increased by 17% to €165 million, or by 42% at constant currency
• Strong performance from our Steel business, particularly in North America and India
• Continued progress across pricing, network optimisation and administrative cost measures
• Continued focus on cash generation and deleveraging, with leverage expected to reduce towards 2.6x by year-end

We remain confident in stronger operational and financial going forward, underpinned by continued operational improvement, a firm order book in and , and a clear focus on cash flow generation and deleveraging.

Read more here: https://www.rhimagnesita.com/2026-half-year-results/

RHI Magnesita, the leading global supplier of refractory products, systems, and solutions, today announces its results for the six months ended 30 June 2026. Strong earnings improvement despite continued market […]

23/07/2026

Green steel is built on thousands of operational decisions made every day. Slag chemistry, refractory management, and metallurgical additives all influence process efficiency, refractory consumption, and total cost of ownership.

Our latest article explores how RHI Magnesita and MIRECO combine the approach, metallurgical additives, and digital slag engineering to help steel plants optimise metallurgical performance while reducing resource consumption.

Industrial case studies in EAF, BOF, and ladle furnace operations demonstrate measurable benefits, including lower refractory consumption, improved slag performance, cost savings, and CO₂ reductions supported by e-tech slag modelling tools.

🎥 Watch the teaser to discover how expertise and slag engineering can support your green steel strategy.

📖 Read the full study in Bulletin 2025 https://bit.ly/4ffNIjY

Every great solution starts at its source.At RHI Magnesita, our Santaluz operation in Brazil's Northeast transforms stra...
21/07/2026

Every great solution starts at its source.

At RHI Magnesita, our Santaluz operation in Brazil's Northeast transforms strategic mineral resources into high-performance refractory solutions that support industries around the world.

With an annual mining capacity of 84,000 tons and 14,500 tons of beneficiated chromite, Santaluz plays a key role in strengthening our integrated value chain and delivering reliable solutions for high-temperature applications.

Behind every operation is a team committed to safety, innovation and operational excellence. Together, they turn natural resources into solutions that help our customers perform at their best.

Because every great refractory solution starts with a strong foundation.

16/07/2026

Progress in hard-to-abate industries rarely happens overnight.

It requires long-term commitment, continuous innovation and the willingness to challenge what is considered possible.

Since 2018, RHI Magnesita has increased its recycling rate from 3.5% to 15.9%, transforming recycling from a niche activity into a core part of our circularity strategy. And we're not stopping there: our ambition is to reach 20% by 2030.

This progress has been enabled by investments in recycling technologies, expanded recycling operations, product development, and the collaboration of teams across our global network.

The journey shows that meaningful progress is possible when innovation, collaboration, and long-term commitment come together.

Some of football’s biggest moments are celebrated with a raised 𝗴𝗹𝗮𝘀𝘀.Whether in restaurants, hotels, at home or at fan ...
14/07/2026

Some of football’s biggest moments are celebrated with a raised 𝗴𝗹𝗮𝘀𝘀.

Whether in restaurants, hotels, at home or at fan gatherings around the world, glass shapes the experience surrounding the game.

But transforming raw materials into glass requires furnaces operating at extreme temperatures, and refractories are essential to make those conditions possible.

Behind every shared celebration, or loss, 𝘁𝗵𝗲𝗿𝗲’𝘀 𝗮𝗻 𝗶𝗻𝘃𝗶𝘀𝗶𝗯𝗹𝗲 𝗽𝗹𝗮𝘆𝗲𝗿 𝗵𝗲𝗹𝗽𝗶𝗻𝗴 𝘀𝗵𝗮𝗽𝗲 𝘁𝗵𝗲 𝗺𝗼𝗺𝗲𝗻𝘁𝘀 𝘁𝗵𝗮𝘁 𝗯𝗿𝗶𝗻𝗴 𝗳𝗮𝗻𝘀 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿.

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