Category Archives: Metals

Canadian Physicist wins Noble prize

Arthur B McDonald of Queen’s University and Takaaki Kajita of the University of Tokyo.

The #Nobel committee said the discovery by #Kajita and #McDonald that #Neutrinos can alter their identities had “changed our understanding of the innermost workings of matter and can prove crucial to our view of the #Universe”.

Their work had solved a puzzling observation that, compared with theoretical calculations of the number of neutrinos expected to be bombarding the Earth, up to two-thirds were apparently missing from measurements.

Read more at: http://www.msn.com/en-ca/news/canada/kajita-and-mcdonald-win-nobel-physics-prize-for-work-on-neutrinos/ar-AAf9Jsd?li=AAadgLE&ocid=SL5MDHP

Fed extends comment period for Goldman plan to buy part of GE Capital Bank

The sun rises to the east of the U.S. Federal Reserve building in Washington, July 31, 2013. REUTERS/Jonathan Ernst

#WASHINGTON: The #FederalReserve on Monday announced it was extending through Oct 30 the public comment period for an application by #U.S. banking giant #GoldmanSachs Group Inc (GS.N) to acquire assets and liabilities from #GE Capital Bank.

Read more at: http://www.reuters.com/article/2015/10/05/us-goldman-sachs-ge-capital-bk-fed-idUSKCN0RZ2CE20151005

Russian Metals Miner to Issue Dollar Bond, Says Deal Notice

A Norilsk Nickel plant in Norilsk, Russia. The company will pay a semiannual interest rate of around 7% on a bond that would come due in October 2022.#Metals #Miner #NorilskNickel is set Tuesday to become the first #Russian company to issue a bond in #U.S. #Dollars in over nine months, according to a deal notice seen by The #WallStreetJournal.

The company would have to pay a semiannual interest rate of around 7% on a bond that would come due in October 2022, according to initial pricing guidance provided in the deal notice. The bond is expected to be priced later on Tuesday, the deal notice said.

Read more at: http://www.wsj.com/articles/russian-metals-miner-to-issue-dollar-bond-says-deal-notice-1444127145

Glencore at `Turning Point’ Advances for Fourth Day in Hong Kong

#Glencore Plc rallied for a fourth day in #HongKong to lead mining stocks higher on rising confidence that the commodity giant can handle its debt burden even as raw materials languish and investors foresee #U.S. interest rates staying lower for longer.

Read more at: http://www.bloomberg.com/news/articles/2015-10-06/glencore-rallies-fourth-day-in-hong-kong-as-debt-concerns-ease

Cobalt’s Luck Could Come From Volkswagen, Glencore Troubles

One side-story to the biggest headlines in corporate #Europe, #Glencore PLC and #Volkswagen AG, is a minor metal called #Cobalt.

Some analysts believe that the price of this metal, used in #Phones and #CarBatteries, will rise when beleaguered commodity’s giant Glencore closes down mines responsible for 5% of global supply as it seeks to cut costs. And some investors are betting that increased demand for #ElectricCars in the wake of the Volkswagen emissions scandal will also boost cobalt.
Read more at: http://www.nasdaq.com/article/cobalts-luck-could-come-from-volkswagen-glencore-troubles-20151005-00700#ixzz3nmd8gemQ

Energy storage: It’s Canada’s moment

#Canada has a chance to add a new dimension to its #Energy economy – one that is clean, profitable and globally groundbreaking.

The opportunity is #ElectricityStorage, which until now has been limited by technology to a relatively modest scale. That’s about to change. And it means that Canada – and specifically #Ontario – can become an ideal seedbed for storage technology, because there are ready markets for both large- and small-scale storage systems.

Read more at: http://www.theglobeandmail.com/report-on-business/rob-commentary/energy-storage-its-canadas-moment/article26649669/

Toronto doctor using 3D printer to solve the problems of space travel

#Toronto doctor #JulielynnWong travelled to the habitat last December, her bag held a rather bulky item: a #3DPrinter. She wanted to test what tools can be fabricated on the fly to treat ill or injured #Astronauts.

So the idea was, hey, why don’t I look at the #Medical inventory for #Space missions and see what’s 3D printable — just try to convert everything from hardware into something that’s virtual?” says Wong. In addition, she decided to power the device with #SolarPanels — a likely #Martian energy source. “Using #3DPrinters for space #Medicine is transformative.”

Read more at: http://www.thestar.com/news/world/2015/10/05/toronto-doctor-using-3d-printer-to-solve-the-problems-of-space-travel.html

5-Hour Energy creator, Manoj Bhargave, plans more game changers

Manoj Bhargava, CEO of Renew Enhanced Circulation,

#ManojBhargava, CEO of Renew Enhanced Circulation, demonstrates how the “free electric bicylce” generates and stores #Electricity at the lab in Famington Hills, Mich. on Thursday, Oct. 1, 2015.

Bhargava, 62, born in #India and a metro #Detroit resident since 1997, is the narrator and central figure in the film, which pegs his net worth at $4 billion and says he plans to give 99% of it to charity.

Read more at: http://www.usatoday.com/story/money/nation-now/2015/10/04/5-hour-energy-creator-innovation/73339066/

The visionary rebuilding GE from scratch to become a digital powerhouse

An #Aircraft powered by one of its engines takes off somewhere in the world every two seconds. In the #US, six of its light bulbs are sold every second. It  employs more than 300,000 people in 175 countries.

And it is the only company to have been a member of the #DowJones’ index of the US’s 30 biggest companies since its inception in 1896.

#GE born from the brainchild of #ThomasEdison’s first electric light company in the late 1880s is one of those companies most people have heard of, but few could tell you what it does.

Read more at: https://uk.finance.yahoo.com/news/visionary-rebuilding-ge-scratch-become-200021045.html

UAE to spend $35bn to diversify energy sources – minister

The #UnitedArabEmirates is moving ahead with its #Oil and #Gas investments despite the current drop in oil prices and expects no delays in plans to boost its crude output potential by 2017, the country’s energy minister said on Sunday.

Read more at: http://gulfbusiness.com/2015/10/uae-spend-35bn-diversify-energy-sources-minister/#.VhE0pjZRGUk

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