Category Archives: Metals

GE Garage: Young Inventors’ Playground

CNC Desktop -

From Thomas Edison’s practical electric light in the 1880s to its recent breakthrough, namely a 3D-printed aircraft engine’s fuel nozzle that is 25 percent lighter and five times more durable, global giant #GeneralElectric (GE) is without a doubt a great innovator.

The global giant General Electric (GE) spread its innovative spirit to #Indonesian youth by opening up a garage filled with state-of-the-art tools.

– See more at: http://www.thejakartapost.com/news/2015/09/01/ge-garage-young-inventors-playground.html#sthash.ElDrLUod.dpuf

Norilsk raises nickel deficit forecast for 2016 as price slumps

Opening Of Western Areas NL's Tim King Pit Nickel Mine At Spotted Quoll

The global #Nickel deficit will be at 60,000 metric tons in 2016 and the market will likely be balanced in 2015, according to #Norilsk. In its previous market update in March, the producer saw a deficit of 20,000 tons this year that would widen to 55,000 tons in 2016.

Read more at: http://www.mineweb.com/news-fast-news/norilsk-raises-nickel-deficit-forecast-for-2016-as-price-slumps/

Breakthrough in 3D-printing: MIT unveils device molding 10 materials at once

© Pichi Chuang

http://www.rt.com/usa/313858-multifab-3dprinter-ten-materials/

Turkey’s innovation champions compete in global markets

The Ankara-based Grafen Chemical Industries in #Turkey has developed a unique approach to producing #Graphene at affordable prices.

Read more at: http://www.aa.com.tr/en/news/582935–turkey-s-innovation-champions-compete-in-global-markets

Russia’s Norilsk Nickel hires banks for Eurobond

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Russia’s #NorilskNickel has hired five banks to arrange a Eurobond, according to two sources.

This will be the first benchmark-sized bond from a Russian issuer this year, as first sanctions, and then low oil prices, have kept Russian names out of the international bond markets.

Read more at: http://in.reuters.com/article/2015/08/27/bonds-norilsk-nickel-idINL5N11225T20150827

China Falters, and the #GlobalEconomy Is Forced to Adapt

HONG KONG — The commodities giant #BHPBilliton spent heavily for years, mining iron ore across Australia, digging for copper in Chile, and pumping oil off the coast of Trinidad. The company could be confident in its direction as commodities orders surged from its biggest and best customer, #China.

Now, BHP is pulling back, faced with a slowing Chinese economy that will no longer be the same dominant force in commodities. Profit is falling and the company is cutting its investment spending budget by more than two-thirds.

Read more at: http://www.nytimes.com/2015/08/27/business/international/china-falters-and-the-global-economy-is-forced-to-adapt.html?_r=0

#BHPBilliton: BHP Billiton expects China’s growth to “drift down” in coming years

BHP-Billiton

“That 7 percent growth is always going to drift down once they complete the investment phase and they will … require less and less new metals and steel in our case as they become more focused on the services and consumption-based economy,” Mackenzie told reporters, referring to consensus forecasts for Chinese GDP.

Read more at: http://www.reuters.com/article/2015/08/25/bhp-billiton-results-china-idUSL5N1104ME20150825

#China: China’s Black Monday Signals The End Of Its Growth Cycle

Chinese Industry

China has reached the end of its fast industrialization. It must now make the transition to a world-leading developed economy, allowing services to increase, consumption to grow and industrial production to decline proportionately. Like all transitions, this will be turbulent and may be traumatic.

Read more at: http://www.forbes.com/sites/francescoppola/2015/08/24/chinas-black-monday-signals-the-end-of-its-growth-cycle/3/

#NuclearFusion: Secretive fusion company makes reactor breakthrough

#TriAlpha

FOOTHILL RANCH, CALIFORNIA—In a suburban industrial park south of Los Angeles, researchers have taken a significant step toward mastering nuclear fusion—a process that could provide abundant, cheap, and clean energy.

Read more at: http://nextbigfuture.com/2015/06/tri-alpha-energy-enables-field-reversed.html

#PowerFromOcean: A New Energy Plant In Hawaii Generates Power From Ocean Temperature Extremes

There’s a big difference between the warm, shallow seawater lapping up against a beach and the icy depths of the ocean. Now, researchers are turning that temperature difference into energy at energy plants all over the world. The newest one opened up in Hawaii last Friday, where it expects to generate enough energy to power 120 homes per year.

Read more at: http://www.popsci.com/new-energy-plant-hawaii-uses-ocean-temperatures

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