The #Brazilian Government is planning to sue #BHP #Billiton and its partner #Vale for more than $7 billion over the deadly collapse of a mine dam.
The Brazilian Government is expected to file a civil suit today demanding $20 billion reais ($7.4 billion) in damages over the #Samarco mine disaster, Brazil’s Attorney General’s office said late on Friday.
#China’s #Nickel producers said on Friday they plan to slash output of refined metal and #NickelPigIron (#NPI), the first major coordinated move in the industry globally to lift prices out of their worst slump in more than a decade.
In an open letter, eight producers, including state-owned #Jinchuan Group Co Ltd, said they will cut production by 15,000 tonnes of metal next month and reduce their output next year by at least 20 percent from this year.
Read more at Reuters: http://www.reuters.com/article/2015/11/27/china-nickel-idUSL3N13M3CD20151127#MwxrBlFMf28ei36O.99
Illegal levels of #Arsenic and #Mercury polluted the #RioDoce river in the days after a dam burst at an #Iron ore mine in early November in #Brazil’s worst ever environmental disaster, according to tests by a state water agency.
Read more at: http://www.theguardian.com/business/2015/nov/26/brazil-dam-arsenic-mercury-rio-doce-river
#India’s busy #Fuel depots are providing another piece of evidence that #Asia’s third-biggest #Economy is starting to move faster in bridging the vast gap with a slowing #China.
Read more at: http://www.bloomberg.com/news/articles/2015-11-26/surging-fuel-consumption-shows-india-s-economy-picking-up-speed
Read more at: http://www.telegraph.co.uk/sponsored/education/stem-awards/aerospace/12018354/new-horizons-in-3d-printing.html
An #Energy Sscientist from #Nanyang #Technological #University (NTU) in #Singapore has developed a new chip that is able to charge a #Smartphone in less than 10 minutes. He hopes it can eventually be used to charge almost anything, including #ElectricCars.
Read more at: http://www.ibtimes.co.uk/singapore-scientist-develops-smart-chip-that-charges-smartphones-less-10-minutes-1530612
#Jakarta. #Medco Energi Internasional, Indonesia’s largest listed #Oil and #Gas company, plans to acquire 76 percent of #Gold miner #Newmont Nusa Tenggara, a unit of #US mining giant Newmont, for an estimated $2.2 billion by next month.
Read more at: http://jakartaglobe.beritasatu.com/business/medco-eyes-2-2b-majority-stake-newmonts-indonesia-unit/
#Nickel makers in #China including #Jinchuan Group Co., the country’s largest supplier of refined metal, plan to gather on Friday to discuss measures to respond to the lowest prices in 12 years, including possible cuts to supply, according to people with knowledge of the event.
The meeting in #Shanghai will also include representatives from nickel pig iron makers including #Tsingshan Holding Group Co., according to the people, who declined to be identified because the planned gathering is private. There’s not any guarantee yet that action will be agreed, according to the people.
Read more at: http://www.bloomberg.com/news/articles/2015-11-25/china-nickel-makers-said-to-plan-meeting-to-weigh-cuts-amid-rout
#Nickel is the key metal mined in #Sudbury. While #Vale and #Glencore have not announced any layoffs locally, smaller mining companies in Sudbury — including #KGHM and First Nickel — have already cut back production and reduced their workforces.
Read more at: http://www.thesudburystar.com/2015/11/24/sudbury-watches-as-nickel-slides-even-further
The biggest thing that the #DOE does is #Nuclear #Defense, which makes up nearly two thirds of its total budget. This includes everything from managing our stockpile of nuclear weapons and providing the Navy with the reactors that power our submarines and aircraft carriers. It is also one of the key agencies involved with non-proliferation.
The next big line item is science programs, which takes up nearly a quarter of the total DOE budget, or just over $5 billion. This encompasses legendary laboratories like #Oakridge, #Argonne, #Fermilab and #SLAC, just to name a few. These are crucial for maintaining our national scientific excellence.
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