Category Archives: Metals

Coal industry seeks equal support for cleaner coal vs renewables

The #WorldCoalAssociation (WCA) plans to press governments to provide equal backing for technology to make coal-fired #PowerPlants less polluting as they do for #RenewableEnergy in upcoming U.N. climate talks in #Paris, its chief executive said.

While #Coal is extremely #Polluting, it is also very cheap and a key fuel for several developing economies. As a result there is a greater push for new technologies such as Carbon capture and storage (CCS) by which countries can meet their energy needs without reneging on their commitments to cut emissions.

Read more at: http://www.reuters.com/article/2015/09/21/us-coal-climatechange-idUSKCN0RL0Q720150921

Indonesia says Newmont running out of time on new export permit

#Newmont Mining Corp’s Indonesian #Copper export permit will not be renewed beyond Friday unless the U.S. miner submits a progress update to the government on its plans to develop a domestic smelter, a mine ministry official said.

Read more at: http://www.reuters.com/article/2015/09/18/indonesia-newmont-exports-idUSL4N11O2X420150918

Global Scandium Market

The Global #Scandium Market is currently at a nascent stage. It is believed that with a reliable supply, demand could increase exponentially. Scandium, being an alloy, allows #Aluminum to be welded. Imagine #Airplanes without rivets, weighing 15-20% less.

Read more at: http://www.prnewswire.com/news-releases/global-scandium-market—segmented-by-product-type-end-user-industry-and-geography—trends-and-forecasts-2015-2020—reportlinker-review-300145399.html

Home Energy Storage Enters a New Era

Driven by the explosion of residential #SolarPower, the market for #HomeEnergy storage—which attracted little interest until earlier this year, when #Tesla announced its #PowerWallBattery —is suddenly looking crowded.

Read more at: http://www.technologyreview.com/news/541336/home-energy-storage-enters-a-new-era/

China rare earth demand seen rising 50% by 2020 – industry body

#SHANGHAI – #Chinese #RareEarth demand is likely to soar by more than 50% in the next five years, putting pressure on authorities to relax tough production quotas that have spurred illegal mining and rampant smuggling.

http://m.miningweekly.com/article/china-rare-earth-demand-seen-rising-50-pct-by-2020-industry-body-2015-09-17

Vale Researches The Context For Its Innovation

“Vale sees the opportunity to do something similar to what #Belllabs, #Xerox’s #PARC, and the #GEResearchLab did, only from a 21st century perspective.”

Read more at: http://www.forbes.com/sites/jonathansalembaskin/2015/09/14/vale-researches-the-context-for-its-innovation/

India could grow 8% during 2016-2020: Goldman Sachs

India Fellowships splash

#MUMBAI: An improvement in ease of doing business coupled with gains from higher education levels and convergence in technology is expected to put #India on a higher growth trajectory, according to American financial services major #GoldmanSachs.

Russia’s Mechel makes first quarterly profit since 2012

Russian indebted coal and steel producer Mechel reported on Friday a $34 million net profit for the second quarter after a $273 million net loss in the previous quarter, booking its first quarterly profit since 2012.

Read more at: http://www.reuters.com/article/2015/09/11/russia-mechel-results-idUSR4N11002120150911

Samsung assembled Galaxy Note 5 in Indonesia

The latest gadget from #Samsung, Galaxy Note 5, was assembled in #Indonesia using both local and imported components. “We are proud to say that the Galaxy Note 5 is made in Indonesia,” said #Samsung Electrics Indonesia IT and mobile business marketing director Vebbyna Kaunang on Friday as quoted by #Antara news agency.

See more at: http://www.thejakartapost.com/news/2015/09/11/samsung-assembled-galaxy-note-5-indonesia.html#sthash.g2jepusu.dpuf

China Jinchuan says cut nickel, copper production on facility breakdown

#Jinchuan Group Co. Ltd, China’s top #Nickel producer and third-biggest #Copper producer by capacity, has cut production of the two metals since Tuesday because of problems in a sulphur facility, the company said on Friday.

Read more at: http://www.reuters.com/article/2015/09/11/jinchuan-china-idUSL4N11H2T320150911

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