#Mining presents a unique opportunity to stimulate #NorthKorea’s economy.
Unlike many of the economic avenues the nation has travelled down – drugs, arms, statues, and outsourcing its own citizens as a cheap labour force – tourism and mining are legally providing a development path unaffected by the existing #UN sanctions.
Read more at: http://www.australianmining.com.au/features/north-korea-mining
#Lithium miner #Galaxy Resources has emerged as one of a series of bidders for assets of the failed US rare earths producer #Molycorp, which collapsed in mid-2015 with debts of an estimated $US1.7 billion.
#Aluminum Corp. of #China, which is a #US-traded mining company based in #Beijing and known commonly as #Chalco, offered to pay more than $US700 million Molycorp’s non-U.S. assets, sources close to the negotiations said.
Read more: http://www.smh.com.au/business/galaxy-resources-may-bid-for-molycorp-assets-20160106-gm07mz.html#ixzz3wTDNZAJ0
The nation’s airlines could realize more than $250 billion dollars in savings in the near future thanks to green-related technologies developed and refined by #NASA’s #Aeronautics researchers during the past six years.
Source: NASA Research Could Save Commercial Airlines Billions in New Era of Aviation
#Indonesia may relax rules on the export of #Metal concentrates following the collapse in metals prices, while keeping a ban on raw ore shipments, according to #Energy and #Mineral Resources Minister Sudirman Said.
Read more at: http://www.bloomberg.com/news/articles/2016-01-04/indonesia-mulls-pushing-back-metal-concentrate-export-deadline
Experiments show that #Graphene can act as a “super sieve”, able to separate different atomic isotopes of #Hydrogen, and create the expensive “heavy water” needed by the nuclear industry, researchers said.
Read more at: http://www.independent.co.uk/news/science/graphene-could-be-used-to-clean-up-nuclear-waste-say-scientists-a6792281.html
#China’s CITIC CLSA Capital Markets Ltd will participate in the process to buy an indirect stake in #Chile-based #SQM, one of the world’s top #Lithium producers, the holding company selling the stake said on Monday.
Read more at: http://www.reuters.com/article/sqm-oro-blanco-divestiture-idUSL1N14H16D20151228
#India expects to seal a contract with #Westinghouse Electric Co LLC to build six #Nuclear #Reactors in the first half of next year, a senior government official said, in a sign its $150 billion dollar nuclear #Power programme is getting off the ground.
Not a stock trade, but it is a sign of things to come in the #Russian #Space business. Tiny Dauria Aerospace in #Moscow sold two Perseus-brand micro satellites to earth imaging firm Aquila Space in Moffett Field, Calif. Total value of the contract, not counting licensing fees, was put at $6 million, Dauria said.
Russia’s space agency, #Roscosmos, used to be only game in town. But in October, the government said that Roscosmos, like #NASA in the U.S., will now allow private companies access to the market of space services within four short years, Deputy Prime Minister Dmitry Rogozin said.
Read more at: http://www.forbes.com/sites/kenrapoza/2015/12/23/russia-taking-its-outer-space-biz-private/
Materials #Scientists are the #Alchemists of the 21st century, creating miraculous compounds that appear to achieve the impossible. The #Aerospace industry is pushing these to their limits, as #NeilGlover, chief of materials – capability acquisition at #RollsRoyce, explains.
The heart of a #Jet engine is like a blast furnace and the hotter it is, the more efficient the engine. So designers face a constant battle to create components that can withstand ever higher temperatures.
Now we’re exploring entirely new materials. #Nickel #Alloys are nearing the top of their performance curve. So we’re looking at #Ceramic matrix composites made of #Silicon #Carbides. These are lighter and can tolerate higher temperatures, but they’re not as ductile or damage-tolerant as metal so they pose a fascinating new set of challenges.
Read more at: http://www.telegraph.co.uk/sponsored/education/stem-awards/aerospace/12064709/material-scientists-are-alchemists.html
The rise of homegrown #Chinese home appliance makers such as #Haier Group, #TCL Corp and #Hisense Group has hurt #Japanese #Electronics giants badly, pushing the latter into areas like high-end intelligent home appliances, business-to-business or #B2B activities, construction, #NuclearPower, housing, #Automobiles, start up incubation and Internet of vehicles.
Last year, #Panasonic and #Tesla Motors Inc, the #United States-based maker of #ElectricCars, teamed up to build #Lithium-ion battery factory in the #US. Panasonic is targeting to double sales of its car battery-related business to $6.47 billion in 2018 from the 2014 level.
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