Category Archives: Metals

#Russia’s #Norilsk Copper brand approved for #LME delivery

#Norilsk #Nickel’s NORILSK #Copper brand was added to the list of approved brands for the #London #Metal Exchange’s Grade A copper contract this week, the Russian producer said Friday.

Read more at: http://www.platts.com/latest-news/metals/london/russias-norilsk-nickel-copper-brand-approved-26300716

Desperate #Chinese #Steelmakers dump #Iron ore stocks

SHANGHAI/MANILA Cash-strapped #Chinese #SteelMills are dumping #Iron ore stocks, selling at a loss to shore up cash flow in the latest sign of the sector’s worsening crisis, steel mill and trader sources said.
Read more at Reuters: http://www.reuters.com/article/us-china-ironore-idUSKBN0TN17H20151204#uivIe1QVy6ZSQ5b4.99

#Boeing, #GE Beat #TeaParty as #Congress Revives #ExportImportBank

#Conservatives vow to continue the fight against ‘corporate welfare’ as #Ex-Im renewal passes #Congress.

#President #Obama is expected to sign the bill today, reviving #ExIm and boosting the fortunes of companies like #Boeing, #GeneralElectric, and #Caterpillar that rely on the bank’s federal loan guarantees for foreign buyers of #US goods.

Read more at: http://fortune.com/2015/12/04/congress-export-import-bank/

The #3DPrinted #ElectricCar that can charge itself off a #SolarPowered house

#Tesla evaluating a partnership with #Chilean state-owned mining company #Codelco to source #Lithium

Local news reports in #Chile are stating that “senior #Tesla executives” met with government officials to evaluate a partnership with state-owned mining company #Codelco in order to source lithium in the country.

The agreement would presumably be to supply Tesla’s #Gigafactory under-construction in #Nevada.

Read more at: http://electrek.co/2015/12/03/reports-tesla-evaluating-a-partnership-with-chilean-state-owned-mining-company-codelco-to-source-lithium-in-the-country/

http://www.miningpress.cl/nota/291115/tesla-quiere-a-codelco-para-explotar-el-litio

#Toshiba Enters #Metal #3DPrinting With a Machine ’10 Times Faster’ Than Competitors

Yet another company is promising a #3DPrinter that can print #Metal objects with greater speed. This time, it’s #Toshiba.

Read more at: http://fortune.com/2015/12/02/toshiba-metal-3d-printing/

#NEWYORK: Electric car star #Tesla has joined #Apple and #Google at the top of an annual ranking of innovative firms by #Boston Consulting Group

Electric car star Tesla has joined Apple and Google at the top of an annual ranking of innovative firms by Boston Consulting Group.

#Tesla raced into third position in a list of the 50 most innovative companies based on a survey of 1,500 senior executives at a wide array of companies, according to a BCG report released today. #Apple and #Google again hold the top two spots.

 

#Chile’s #Peso Leads Gains in Emerging Markets as #Copper Advances

The #Chilean #Peso led gains among emerging-market currencies as #Copper, the nation’s chief export, rallied after #Chinese smelters said they’ll cut output to bolster prices.

Read more at: http://www.bloomberg.com/news/articles/2015-12-01/chile-s-peso-leads-gains-in-emerging-markets-as-copper-advances

#Molycorp Asks to Seal Data in Bankruptcy Ballot Materials

Molycorp filed for chapter 11 bankruptcy protection in June.  Embattled #RareEarths company #Molycorp Inc. wants to keep elements of its chapter 11 plan secret, including financial projections and valuation analyses prepared by its advisers.

Read more at: http://www.wsj.com/articles/molycorp-asks-to-seal-data-in-bankruptcy-ballot-materials-1448982534

#Brazil’s #Vale estimates $443m #Samarco impact in 2016

brazil-vows-to-make-bhp-vale-pay-for-dam-disaster.jpg

#Brazilian miner #Vale SA said in a Tuesday presentation that the impact of the #Samarco dam burst could be $443-million in 2016 and that it planned to reduce investments by around $6-billion next year.

Read more at: http://www.miningweekly.com/article/brazils-vale-estimates-443m-samarco-impact-in-2016-2015-12-01

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