A Blog for Browsing Mining, Mineral Processing, and Metals Info

Two sectors of the Indonesian economy stand out as most popular destinations of foreign investments in the first six months of 2013. These are Indonesia’s manufacturing sector and the construction, property and real estate sector, which grew 46.7 percent and 100.6 percent respectively compared to the same period in 2012. Based on data of the Indonesia Investment Coordinating Board (BKPM), foreign direct investments in Indonesia increased 23 percent to USD $14.1 billion in the first semester of 2013.

http://www.indonesia-investments.com/news/todays-headlines/indonesias-manufacturing-industry-popular-destination-of-foreign-investments/item953

“It is important for Indonesia to move from primary to secondary sectors for sources of state revenues due to an economic slowdown in China that would affect national economic growth,” DBS Bank Singapore economist Eugene Leow said.

http://www.antaranews.com/en/news/90033/economist-suggests-govt-to-focus-on-secondary-sector-for-growth

(Reuters) – Freeport McMoRan Copper & Gold Inc’s (FCX.N)
Indonesian subsidiary will offer a 5 percent stake to the public and is in talks
with three local smelters on copper concentrate supply deals, company and
government officials said on Friday.

http://in.reuters.com/article/2013/07/26/us-indonesia-freeport-smelter-idINBRE96P0EU20130726

Kaohsiung, July 27 (CNA) Taiwanese companies will establish an industrial zone
in Jakarta, Indonesia, which can serve as a base for businesses from Taiwan
planning to make inroads into the Indonesian market.

http://focustaiwan.tw/news/aeco/201307270021.aspx

The Mackenzie Valley Review Board will release its environmental assessment report today on Avalon Rare Metals’ Nechalacho project, located about 100 kilometres east of Yellowknife.

The company says it’s one of the largest undeveloped deposits of rare earth elements in the world.

http://www.cbc.ca/news/canada/north/story/2013/07/25/north-nechalacho-avalon-decision.html

Glencore Xstrata has completed the merger of the Mutanda and Kansuki copper-cobalt mining operations in the Democratic Republic of the Congo (DRC).

Chennai: Realising the potential of nanotechnology in modern warfare, state-owned Defence Research and Development Organisation (DRDO) was planning to set up nano materials research and production facilities in three places at a cost of Rs 1,000 crore, a senior official said today.

“The nano materials research and production facilities would come up in Hyderabad, Delhi and Kanpur at a total cost of Rs 1,000 crore in a few years.It is yet to receive the government approval,” DRDO’s chief controller (R&D) S Sundaresh told reporters in Chennai.

http://www.firstpost.com/fwire/drdo-plans-nano-materials-research-and-production-units-982453.html?utm_source=fwire&utm_medium=hp

In recent years, China’s tantalum industry has developed rapidly, the total output increased constantly, and the high-end products account for nearly 60% of the total market share in the global market; China has occupied an extremely important position in the global tantalum-niobium industry. In 2012, China’s tantalum output reached 475 tons, of which, the output of Orient Tantalum Industry Co., Ltd. reached 290 tons with the proportion of about 62%.

http://finance.yahoo.com/news/depth-research-china-tantalum-market-102600349.html

DENVER, COLORADO–(Marketwired – July 23, 2013) – Geovic Mining Corp. (“Geovic” or “the Company”) (TSX:GMC)(OTCBB:GVCM), on behalf of its 60.5%-owned subsidiary Geovic Cameroon Plc (“Geovic Cameroon”), is pleased to announce that it has agreed to the terms and conditions of a Definitive Agreement (“DA”) with Jiangxi Rare Metals Tungsten Holdings Group Company Ltd (“JXTC”) of Nanchang, Jiangxi Province, China.

http://www.reuters.com/article/2013/07/23/idUSnCCN8c93B3+1c2+MKW20130723

Companies interested in testing the latest in low-cost carbon fiber have a new opportunity to partner with the U.S. Department of Energy’s Carbon Fiber Technology Facility.

http://oakridgetoday.com/2013/07/23/ornl-makes-low-cost-carbon-fiber-available-to-american-manufacturers/