Category Archives: Metals

#Copper – Light at the end of the tunnel?

#Peruvian production of mined #Copper jumped by a staggering 51.5 percent to 1.12 million tonnes in the first half of this year. National output was 741,000 tonnes in the year-earlier period, according to #Peru’s ministry of energy and mines.

#Chilean production, meanwhile, has been trending lower at an accelerating pace this year and #Codelco, the country’s top producer, has switched its attention to cutting costs with serious implications for medium-term production prospects.

It is still a distant light as the market soaks up the Peruvian mine surge.

Read more at: http://www.reuters.com/article/us-peru-copper-ahome-idUSKCN10T10R

Top #Chinese #Nickel Producer #Jinchuan Says Bull Market Just Beginning.

#Nickel’s rally is only just getting started, making the metal an attractive bet for investors, according to #Jinchuan Group, #China’s biggest producer of the refined metal.

Read more at: http://www.bloomberg.com/news/articles/2016-08-17/biggest-chinese-nickel-producer-says-bull-market-just-beginning

#Indonesia seeking “way out” of 2017 mining export rule

#Indonesia’s chief economic minister said on Tuesday his team would seek a way out of mining rules that threaten to prevent some firms from exporting semi-processed minerals from January.

Read more at: http://www.reuters.com/article/indonesia-mining-exports-idUSL3N1AX3TH

#Hindustan #Copper opens #Nickel plant in #Jharkhand

#Hindustan #Copper Limited  inaugurated the #Nickel, #Copper and acid recovery plant yesterday at #Indian Copper Complex, Ghatsila (Jharkhand). This is the first facility in #India to produce nickel metal of LME grade from primary resource. The Singhbhum Copper Belt has unique ore characteristics which contains appreciable quantity of nickel. Hindustan Copper has installed and commissioned the technology to recover as nickel metal.

The annual demand for pure nickel in India is around 45,000 MT and its market in the country is totally dependent on import.

Read more at: http://www.business-standard.com/content/b2b-manufacturing-industry/hindustan-copper-opens-nickel-plant-in-jharkhand-116081101152_1.html

#Philippines suspends two more mines in environmental clampdown

The #Philippine government has suspended operations at two more mines due to environmental violations in an ongoing audit of the country’s mining sector, officials said on Thursday.

Read more at: http://www.reuters.com/article/us-philippines-mining-suspensions-idUSKCN10M0FK

#Indonesia president considers cutting corporate tax rate to 17 percent

#Indonesia’s President #Joko #Widodo is considering cutting the corporate tax rate to 17 percent from 25 percent to match #Singapore’s tax rate, he was quoted as saying on the cabinet secretary’s website.

Read more at: http://www.reuters.com/article/us-indonesia-tax-idUSKCN10L085?il=0

#Tata Steel looking at sponsoring research by #IIT #Madras scientists into #Graphene.

The likely applications for #Tata Group companies involve enhancements in coating, manufacturing processes, sensors and wearable devices. #Graphene, or other nano-materials, can also find their way in new photo voltaic surfaces to be used in solar panels

Discovery yields self-healing diamond-like carbon

Argonne discovery yields self-healing diamond-like carbon

“This is a very unique discovery, and one that was a little unexpected,” said Ali Erdemir, the Argonne Distinguished Fellow who leads the team. “We have developed many types of diamond-like carbon coatings of our own, but we’ve never found one that generates itself by breaking down the molecules of the lubricating oil and can actually regenerate the tribofilm as it is worn away.”

Read more at: http://phys.org/news/2016-08-discovery-yields-self-healing-diamond-like-carbon.html

 

 

 

#Eramet Seeks New Partners for #Indonesia’s #WedaBay #Nickel Project

#French mining and metals group #Eramet said it was seeking new partners for its #WedaBay #Nickel project in #Indonesia after two #Japanese partners left.

Read more at: http://jakartaglobe.beritasatu.com/business/eramet-seeks-new-partners-indonesias-weda-bay-nickel-project-ceo/

#India to run short of high-tech minerals

REE Forecast

#India will be woefully short of critical minerals necessary for developing clean-energy applications, infrastructure for its solar mission and for manufacturing high-technology products in the future. The country will be heavily dependent on #China in the coming years to source these materials for its manufacturing sector, says a report commissioned by the Department of Science and Technology.

Read more at: http://www.thehindu.com/sci-tech/india-to-run-short-of-hightech-minerals/article8943915.ece

 

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