A Blog for Browsing Mining, Mineral Processing, and Metals Info

#Jakarta. Despite #Indonesia already having several plants and government plans to develop the #Geothermal industry, progress has been stalled by legal protocols and a lack of funding, the #WorldBank says.

Read more at: http://jakartaglobe.beritasatu.com/business/legal-protocols-lack-funding-stall-geothermal-development-indonesia/

Three new technologies
The three technologies in question are industrial gas turbines, aircraft engines, and locomotives, and investors hope orders expand as planned. A  brief look at them:

• CFM International’s (a joint venture between General Electric and France’s Snecma) LEAP aircraft engine is rapidly expanding sales on the Airbus A320neo and Boeing 737 MAX.
• The new HA gas turbine already has 16 units in backlog and could expand orders as the first turbines are delivered and put into service this year.
• GE’s Evolution Series Tier 4 Locomotive is the first to meet federal Tier 4 regulations (a tighter set of emissions standards) as already in production in 2015.

Management recently estimated that LEAP would generate $200 billion in sales over its lifetime, while the HA turbine is forecast to bring in $100 billion and the Tier 4 locomotive about $40 billion. To put these figures into context, the total company backlog stood at $263 billion at the end of the first quarter. 3

Read more at: http://www.fool.com/investing/general/2015/07/02/general-electric-company.aspx

Ottawa says it has completed a multi-year restructuring of Canada’s nuclear operations with the selection of a preferred bidder to operate a nuclear laboratory in eastern Ontario that is one of the world’s largest producers of medical isotopes.

Canadian National Energy Alliance was chosen Friday over three other engineering groups to manage and operate Canadian Nuclear Laboratories (CNL), a subsidiary of Atomic Energy of Canada Ltd.

The consortium includes SNC-Lavalin, CH2M HILL Canada Ltd., Fluor Government Group Canada Inc., Energy Solutions Canada Group Ltd. and Rolls-Royce Civil Nuclear Canada Ltd.

Read more at: http://www.theglobeandmail.com/report-on-business/canada-picks-engineering-group-to-operate-nuclear-labs/article25130863/

A coalition of companies are working to increase private and public investments, with Goldman Sachs committing $500 million and the Sierra Club promising $4 million for climate control solutions.

Read more at: http://www.talkradionews.com/top-stories/2015/06/16/obama-to-launch-4-billion-clean-energy-initiative.html#.VYBZie_bKUl

LG CNS plans to expand its business in America, demonstrating the strength to integrate energy storage system (ESS).

Read more at: http://www.lgcnsblog.com/latest-news/lg-cns-taking-step-into-the-american-energy-storage-market/

TOKYO — Sumitomo Metal Mining will expand production of lithium nickel oxide used in batteries for Tesla’s electric vehicles as part of its plan to strengthen a materials operation that it increasingly sees as a stable source of profit.

The company aims to boost pretax profit of its materials operation — the division dealing with raw materials for electric car batteries — to nearly 20 billion yen ($160 million) for fiscal 2018, up 54% from the current fiscal year. It plans to increase output capacity of lithium nickel oxide to 1,850 tons a month by the end of 2015, more than double the current level.

The analysts forecast the Li-ion Battery market in Japan to grow at a CAGR of 20.6 percent over the period 2014-2019.The report, the Li-ion Battery Market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

See more at: http://globenewswire.com/news-release/2015/06/04/742086/0/en/Japan-Li-ion-Battery-Market-Report-2015-2019.html#sthash.ZvjGWu2s.dpuf