Category Archives: Metals

#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

#ClivePalmer: Clive Palmer blames Beijing for nickel refinery woes

Clive blames nickel woes on Beijing

The Palmer United Party ­leader has filed a new legal case in which he has levelled claims of “unconscionable conduct” against China’s top business leader, Chang Zhenming, along with other ­Chinese and Australian ­executives of the Beijing-owned global giant Citic.

Read more at: http://www.theaustralian.com.au/business/clive-palmer-blames-beijing-for-nickel-refinery-woes/story-e6frg8zx-1227497269870

#China: China syndrome threatens markets meltdown

Made in China RED (Macro)

The evidence from both shipping and factory activity is that the Chinese economy is in trouble and, if it is, that’s bound to have further consequences for already depressed commodity markets.

Read more at: https://uk.finance.yahoo.com/news/china-syndrome-threatens-markets-meltdown-141357484.html

#FreeportMcMoRanInc: Freeport still unable to export concentrates

Not ready: Copper and gold miner PT Freeport Indonesia, a subsidiary of US-based giant mining firm Freeport McMoRan Inc., says it’s concentrates are still in the production phase and it cannot yet export them. Freeport is one of the mining companies in Indonesia that are not prepared to abide by a Trade Ministry regulation on the mandatory use of letters of credit for mineral exports. (tempo.co.id)

Copper and gold miner PT Freeport Indonesia (PTFI), a subsidiary of US-based giant mining firm Freeport McMoRan Inc., still may not export concentrates as it is not ready to implement a Trade Ministry regulation on the mandatory use of letters of credits (L/C) for mineral exports, an energy and mineral resources official has said.

– See more at: http://www.thejakartapost.com/news/2015/08/22/freeport-still-unable-export-concentrates.html#sthash.fD6l08aW.dpuf

#NuclearReactors: Markets Welcome Smaller And Less Costly Nuclear Reactors?

Nuclear Reactor

Has the Clean Power Plan given nuclear energy the fuel it needs to win market acceptance? Beyond that government regulation, the Department of Energy is continuing to dole out part of a $217 million award to the maker of small nuclear reactors — ones that can be assembled in a factory and later scaled up.

Read more at: http://www.forbes.com/sites/kensilverstein/2015/08/22/will-markets-welcome-smaller-and-less-costly-nuclear-reactors/

#Graphene: Manufactured Using Tea Tree Extract Paving Way For Cheaper Method: Study

graphene 2

 A team of scientists from James Cook University in Queensland, Australia, and collaborators from institutions in Australia, Singapore, Japan and the U.S. found that graphene can be grown from the tea tree plant Melaleuca alternifolia, which is also used to make essential oils for traditional medicine, according to reports Friday.

GE to Build its Largest Battery Storage System in California

General Electric

General Electric Co. agreed to build a 30-megawatt energy-storage system in Southern California, its biggest battery deal to date.

Read more at: http://www.bloomberg.com/news/articles/2015-08-20/ge-to-build-its-largest-battery-storage-system-in-california

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