Capital Economics forecasts nickel to reach $21,000 next year, but others are even more bullish. Citibank sees $24,000 next year and a peak of $30,000 while Scotiabank predicts $23,700 in 2015 and highs of $26,500 the year after that.
Read more at: http://www.mining.com/nickel-price-jumps-again-chinese-port-stocks-gone-by-april-51217/
Increasing the light absorption across the wide solar spectrum has important implications for applications in solar-thermal and photovoltaic energy conversion.
Copper oxide (CuO) nanowires (NWs) and cobalt oxide (Co3O4) nanoparticles (NPs). Copper oxide NWs of 100–200 nm in diameter and 5 µm long are grown thermally on copper foil in air and cobalt oxide NPs of 100–200 nm in diameter are synthesized hydrothermally. Tandem structures of spectrally selective coating (SSC) layer are built with three different methods: spray-coating, dip-coating of cobalt oxide NPs into copper oxide NWs forest, and transferring of copper oxide NWs layer onto cobalt oxide NPs layer. The tandem-structured SSC layers fabricated from the spray-coating, dip-coating and transferring methods exhibit figure of merit (FOM) values of 0.875, 0.892 and 0.886, respectively, which are significantly higher than that of the starting copper oxide NWs (FOM=0.858) and cobalt oxide NPs (FOM=0.854). Results demonstrate the efficacy of using novel tandem structures for enhanced light absorption of solar spectrum, which will find broad applications in solar energy conversion.
Read more at: http://www.nanowerk.com/nanotechnology-news/newsid=37903.php
NASA and Aerojet Rocketdyne say that they have successfully completed a series of hot-fire tests on an advanced rocket engine thrust chamber assembly (TCA) using copper alloy additive manufacturing (AM) technology.
Copper alloy 3D printed for rocket engine part – Metal Powder Report#.
SHANGHAI, Oct. 28 (SMM) – China is expected to use up nickel ore inventories by April 2015, Shanghai Metals Market foresees. Nickel ore inventories at China’s five major ports, namely Tianjin, Rizhao, Lanshan, Lianyungang and Jingtang, which combines to account for 70% in the country’s total port stocks, have been falling as a whole. As of Oct. 10, stocks at the five major ports were 15.27 million tonnes, down 3. 12 million tonnes or a drop of 17% from last year’s end, according to SMM data.
“Whenever you hear billionaires say they are not affected by sanctions and the general situation in Russia, that’s not quite true,” said Yulia Bushueva, who helps to manage about $500 million at Arbat Capital in Moscow. “It’s natural that they are looking at options to cut the debt. Others just want to get some extra cash in the current situation.”
Read more at: http://www.bloomberg.com/news/2014-10-27/russian-mining-tycoons-seek-funds-to-cut-debt-as-sanctions-sting.html
Brazil’s Vale is growing its nickel output at a pace that not even its own executives were able to predict, with the Rio de Janeiro-based iron ore giant posting Thursday a 16% production increase of the stainless steel ingredient.
Nickel production totalled 72,100 tonnes in the September quarter, which is the best third-quarter performance since 2008, Vale said.
Read more at: http://www.mining.com/brazils-vale-close-to-becoming-worlds-largest-nickel-producer-22078/
South Korean multinational Posco will invest $230 million in a lithium mining project in the northwestern Argentine province of Jujuy, Cabinet chief Jorge Capitanich said Friday.
Posco plans to start the extraction stage at the end of 2015 or early 2016 with initial production of 20,000 tons. The goal is to raise output to 80,000 tons by 2020.
Read more at: http://latino.foxnews.com/latino/news/2014/10/24/south-korea-posco-to-invest-230-mn-in-argentine-lithium-project/
Mineral export is planned to bring in U.S. $ 714 Million for Ethiopia during the current fiscal year, Ministry of Mines (MoM) disclosed.
Bacha Faji, Public Relations Head at the Ministry, explained the minerals set for export, among others, are gold, opal, tantalum, marble and gemstone.
Read more at: http://www.2merkato.com/news/alerts/3351-ethiopia-planning-to-earn-us-714-million-from-mineral-export
For the second time in four years, BHP Billiton Ltd., the world’s largest mining company — which holds its annual meeting in London Thursday — has announced plans that don’t include a Canadian share listing.
In the summer of 2010, BHP Billiton – the result of the 2001 merger between BHP and Billiton – launched a hostile bid for Potash Corporation of Saskatchewan Inc. It offered US$130 cash a share — a potential US$40-billion transaction.
At the time, BHP Billiton noted it had business interests in Canada dating back almost 40 years.
The most significant interest was EKATI, a diamond mine in which it had invested about US$5-billion since production began in 1998. BHP, which sold the EKATI mine in 2012, had also acquired exploration rights in potash, notably the Jansen mine.
But, perhaps as a reflection of the takeover consideration, BHP Billiton, which at the time had a market cap of US$188-billion, made no plans to list its shares on the TSX. However, late in the game when opposition to its takeover was mounting, it offered a secondary listing on the TSX to complement listings Australia, London, Johannesburg and New York. But its TSX-listing plans were shelved when the takeover was withdrawn after Ottawa nixed the deal after applying the net benefit test.
Read more at: http://business.financialpost.com/2014/10/22/bhp-billiton-to-pursue-demerger-with-no-share-listing-in-canada/
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