The #Indonesian government’s proposed relaxation of an impending export ban of unprocessed mineral ore will raise risks and discourage miners from constructing smelters as per requirements, experts have warned.
Read more at: http://www.thejakartapost.com/news/2016/09/09/govt-warned-of-risks-from-policy-flip-flop.html
Under the 2014 rule, metals miners were only allowed to ship partially processed minerals until January 2017, at which point only exports of refined metals would be allowed.
Read more at: http://www.miningweekly.com/article/pt-antam-welcomes-export-changes-in-indonesia-2016-09-08
#GeneralElectric launched bids on Tuesday to buy two of the world’s top makers of machines for metal-based #3DPrinting – #Sweden’s #Arcam and #Germany’s #SLM Solutions – for a total $1.4 billion to bolster its position in the fast-growing technology.
Read more at: http://www.reuters.com/article/us-slm-solutions-m-a-ge-idUSKCN11C0N3
Hit by the rising imports, industry body #Indian Primary #Copper Producers Association (IPCPA) has approached Cabinet Secretary P K Sinha requesting him to consider reviewing the Free Trade Agreements (FTAs) with #Japan and #ASEAN countries.
Read more at: http://indianexpress.com/article/business/market/copper-players-urge-govt-to-review-ftas-with-japan-asean/
A surprise jump in #StainlessSteel production this year in #China, the world’s biggest #Nickel user, may reignite a rally in nickel prices as investors shift focus to demand from worries over #Philippine supply.
Read more at: http://jakartaglobe.beritasatu.com/international/surging-china-stainless-steel-output-may-reverse-recent-nickel-slump/
#Molycorp, inc. Emerges from chapter 11 as Neo Performance Materials. Confirmed fourth joint amended plan of reorganization became effective as of August 31, 2016. Neo performance materials is organized along three business segments; neo chemicals and oxides, neo magnequench, and neo rare metals
Read more at: http://www.reuters.com/article/idUSASC0952M
#Chile’s mining regulator on Tuesday (30/082016) ordered a halt to all operations at two major #Copper mines, state-owned #Codelco’s #Chuquicamata and #Freeport-#McMoran Inc’s El Abra, to investigate separate fatal accidents.
Read more at: http://www.reuters.com/article/us-chile-copper-operations-idUSKCN1152PS
Cashed-up #Chinese steel mills are chasing top quality #Iron ore to help increase output and meet #Beijing’s tougher environmental standards, driving the premium for high-grade ore to its biggest in two years.
Read more at: http://www.reuters.com/article/us-china-ironore-prices-idUSKCN1160XH
#China’s imports of #Ferronickel from #Indonesia were 74,493 tonnes in July, more than five times taken in the same month a year earlier.
Likewise, year-to-date imports from #Indonesia have surged more than four-fold to 390,706 tonnes, giving the nation a 70 percent share of #Chinese imports of ferronickel.
This surge in imports of ferronickel is significant as it shows that the way China gets its nickel is changing.
This is more than double the amount of #Nickel ore exported to China from the #Philippines, providing proof that China isn’t importing less nickel, but is changing the form in which it imports the metal.
Read more at: http://www.reuters.com/article/us-column-russell-nickel-china-idUSKCN1100PL
#MIT engineers have invented a bubble-wrapped, sponge-like device that soaks up natural sunlight and heats water to boiling temperatures, generating steam through its pores.
The design, which the researchers call a “#Solar vapor generator,” requires a combination of relatively low-tech materials to capture ambient sunlight and concentrate it as heat. The heat is then directed toward the pores of the sponge, which draw water up and release it as steam.
The researchers found the structure heated water to its boiling temperature of 100 degrees Celsius, even on relatively cool, overcast days. The sponge also converted 20 percent of the incoming sunlight to steam.
Read more at: https://www.pddnet.com/news/2016/08/sponge-creates-steam-using-ambient-sunlight
A Blog for Browsing Mining, Mineral Processing, and Metals Info 