Category Archives: Metals

Why Jeff Bezos, Peter Thiel, and others are betting on fusion

#Vancouver based #GeneralFusion aims for a relatively low-cost, practical form of #Fusion called Magnetized Target Fusion.

If the world wants to mitigate the worst effects of #Climate change while providing cheap, clean #Energy to the poor—a point not lost on a handful of American billionaires including #JeffBezos, #PaulAllen, and #PeterThiel. These men are betting that fusion done on a small scale will be cheaper, less complex, and ready for market sooner than the big government projects. Some major corporations, such as #LockheedMartin and #GeneralAtomics, have the same idea and are working on their own versions of small-scale fusion.

#America has six private-sector fusion projects underway, according to a new report by the research firm Third Way. #PayPal co-founder and #SiliconValley investor Peter Thiel has backed #HelionEnergy of #Redmond, #Wash.  #Microsoft co-founder Paul Allen has put money behind #Tri­Alpha Energy in #Irvine, #California.

Read more at: http://fortune.com/2015/09/28/jeff-bezos-peter-thiel-fusion/

GE to Shift Jobs to Canada in Ex-Im Bank Protest

#General Electric said Monday that it would cease #Manufacturing #GasEngines in Waukesha, Wis., and move 350 jobs to a new factory in #Canada to use that country’s export financing regime to pursue new business.

Read more at: http://www.wsj.com/articles/ge-to-shift-jobs-to-canada-in-ex-im-bank-protest-1443449286

Lynas CEO to kick off the Global Technology Metals Market Summit in Toronto on October 14th

#Lynas: The story of a turnaround start up. Citing the progress at Lynas over the last 15 months and the ways that Lynas expects to win in the #RareEarth market, #AmandaLacaze states: “#RareEarthElements are important functional materials. In many cases their use in finished applications has been limited in response to the perception that the rare earth market is highly volatile and therefore highly uncertain, both in terms of supply and price. For too long, industry focus has been on short term value gains. After fixing the fundamentals of its business, Lynas is well placed to lead a new focus on market growth.”

Read more at: http://investorintel.com/technology-metals-intel/lynas-ceo-amanda-lacaze-to-kick-off-the-global-technology-metals-market-summit-in-toronto-on-october-14th/#sthash.Red953nL.dpuf

New Caledonia leader welcomes French meeting call

The controversy over proposed #Nickel exports to #China prompted a three-week industrial conflict in August and was settled with a plan to discuss the issue later.

Some parties are opposed to widening nickel exports by supplying China, saying priority should be given to existing off-shore partners.

Read more at: http://www.radionz.co.nz/international/pacific-news/285478/new-caledonia-leader-welcomes-french-meeting-call

Horizonte consolidates Araguaia nickel project through acquisition of Glencore project

#Glencore Araguaia #Nickel project (‘GAP’) in north central #Brazil combined with #Horizonte’s 100% owned high-grade #Araguaia nickel project creates one of the world’s largest nickel #Saprolite projects in terms of size and grade, in a premier mining jurisdiction that has a defined path to feasibility.

Read more at: http://www.canadianminingjournal.com/press-releases/story.aspx?id=1003708201

Success for Kvanefjeld refinery Rare Earth pilot plant

Kvanefjeld_refinery_pilot_plant_(GMEL)_460

The refinery pilot plant work, and subsequent work to demonstrate #RareEarthElements separation processes, is partially financed by the #EuropeanCommission-funded #EURARE project set up to encourage development of a sustainable rare earth element industry in #Europe.

Read more at: http://www.world-nuclear-news.org/UF-Success-for-Kvanefjeld-refinery-pilot-plant-2509157.html

Texas Rare Earths Wins Major Rare Earths Defense Supply Contract

The #DefenseLogisticsAgency (#DLA) Strategic Materials Division is charged with maintaining cognizance of worldwide strategic and #CriticalMaterials’ supply chains from the source to final assembly and evaluating the capability of these supply chains to support #NationalDefense and essential civilian industries, and developing mitigation solutions when access to materials are insufficient to provide support for national defense and emergency response.

Read more at: http://agmetalminer.com/2015/09/25/texas-rare-earths-wins-major-rare-earths-defense-supply-contract/

GE to get up to $12 billion in export financing from Britain

The deal, announced on Thursday, could be seen as the latest sign of #U.S. exporters’ unhappiness at the winding down of the U.S. Export-Import Bank, which lent money to foreign customers of U.S. exporters. Its charter lapsed on June 30 after conservatives in the U.S. Congress cast it as a promoter of “crony capitalism.”

#GE is already shifting jobs overseas because of the lack of U.S. export financing and plane-maker #Boeing Co, the largest U.S. exporter, is threatening to do the same.

Read more at: https://en-maktoob.news.yahoo.com/ge-12-billion-export-financing-130535877.html

Argentina’s presidential candidates want mining to be platform for country’s recovery

Only weeks before #Argentina heads to the polls to choose its new leader, analysts are saying that President #CristinaFernandez’s chosen successor, #DanielScioli, would probably be the best outcome for #Miners, as he has promised to maintain financial incentives designed to bolster investments, as well as #Oil and #Gas production.

Read more at: http://www.mining.com/argentinas-presidential-candidates-want-mining-to-be-platform-for-countrys-recovery/

GE to create 1,000 UK jobs with government support

Prime Minister David Cameron

#PrimeMinister #DavidCameron endorsed the deal  Photo: REUTERS

#US giant #GeneralElectric is planning to create 1,000 jobs in the #UK, having secured government support for its investment.

Read more at: http://www.telegraph.co.uk/finance/newsbysector/industry/11888429/GE-to-create-1000-UK-jobs-with-government-support.html

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