Category Archives: Metals

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

Indebtedness is hurting Glencore – what must Ivan Glasenberg do to ensure it survives?

Glencore blocked from borrowing by European Investment Bank

If the #London listed commodities trader and miner, #Glencore, is to avoid the same fate as the infamous #WallStreet bank, it will require the unwavering support of its largest shareholder, #QatarHoldings.

Read more at: http://www.telegraph.co.uk/finance/newsbysector/industry/mining/11909422/Indebtedness-is-hurting-Glencore-what-must-Ivan-Glasenberg-do-to-ensure-it-survives.html

3-D Printed Martian Igloo Wins NASA Habitat Contest

Will #NASA’s first #MartianColony be built from ice?

The agency has awarded the first place prize in its 3-D Printed #Mars Habitat Contest to the visually stunning #MarsIceHouse, a sleek structure that aims to harness the Red Planet’s liquid water and low temperatures to build a “multi-layered pressurized radiation shell of ice.”

Mars ice house concept
Team Space Exploration Architecture and Clouds Architecture Office

SNC-Lavalin exercises option to sell stake in Madagascar nickel project

#SNCLavalin said on Wednesday it has exercised its option to sell its 5 percent stake and the balance of its loans in the #Ambatovy #Nickel project in #Madagascar to #Japan’s #SumitomoCorp for approximately C$600 million (US$451 million) in cash.

Read more at: http://www.reuters.com/article/2015/09/30/snc-lavalin-ambatovy-sumitomo-idUSL1N1203E520150930

BHP Billiton’s split may have lessons for Alcoa

#Alcoa announced on Monday it will break itself in two, separating a faster growing #Plane and #Car parts business from traditional #Alumina and #Aluminum production as shareholders seek higher returns amid a commodity slump.

#BHP used a similar rationale for ring-fencing select operations in #Australia, #SouthernAfrica and #SouthAmerica into what became South 32 last May to concentrate on its most profitable commodities.

Read more at: http://www.reuters.com/article/2015/09/29/alcoa-split-bhp-billiton-idUSL3N11Z2FS20150929

Concerns in New Caledonia over nickel price

There is concern in New Caledonia over the slump in nickel prices and the sharp drop of the share value of Glencore, which is a key stakeholder in the Koniambo nickel plant.

Glencore has lost about 15 billion US dollars in recent weeks and it is uncertain if it will fund major repairs of a furnace at Koniambo.

Read more at: http://www.radionz.co.nz/international/pacific-news/285698/concerns-in-new-caledonia-over-nickel-price

Megafactory trend sparks ‘arms race’ in battery sector

HOT STUFF:

In North America, the most recognisable brand for EVs had been technology pioneer #Tesla, which aimed to introduce a vehicle with a banner price of less than $30 000. #Chevrolet had followed suit, developing a new #Volt model that it also sought to sell at under $30 000.

In tandem, the number of major companies involved in #Batteries and #EVs had been growing. #Google, #Apple, #Sony, as well as other significant vehicle manufacturers, such as #Audi and #Mercedes, had entered the space in earnest.

“And these guys are bringing in money and intelligent people. The hottest jobs in #SiliconValley [in #California] right now aren’t those at #Facebook or trying to get more clicks on a website. Today, it’s about getting a job in the energy-storage space,” Moores said.

Read more at: http://www.miningweekly.com/article/megafactory-trend-sparks-arms-race-in-battery-sector-2015-09-29

Hydrogen Goes Plastic Fantastic

#CellaEnergy company which had developed a proprietary process that combines hydrogen-rich material with a polymer to create a solid form of #Hydrogen. For the hydrogen to be released from that #Polymer is only needs to be heated to 100ºF.  It is #PlasticEnergy. Those pellets can be recycled to be reused again.

Cella is a hydrogen fuel cell company offering something very different in the market, a unique way of delivering fuel to hydrogen generators: pellets.  Pellets you can hold safely in your hand but more importantly, transport safely.

Read more at: http://www.forbes.com/sites/billtucker/2015/09/29/hydrogen-goes-plastic-fantastic/

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