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Germany - Aurubis expects improved earnings in 2010 - 0 views

www.aurubis.com/...AR_Aurubis_08_09.pdf

germany aurubis earnings

shared by Caroline Millar about 15 hours ago - No snapshot

Caroline Millar about 15 hours ago

Aurubis, Europe's top copper producer, on 16 December reported net profits for the fiscal year ended Sep'09 were down 78% y/y at €53m, with EBITDA earnings fallen 54% to €216m and revenues 20% down at €6.7bn. But the company expects earnings to stabilise and improve overall in 2010, and sees the fundamental prospects for copper as positive. Copper demand could reach 17.9mt next year, almost back to 2008 levels, and grow more strongly from 2011.

<div class="cArrow"> </div><div class="cContentInner">Aurubis, Europe's top copper producer, on 16 December reported net profits for the fiscal year ended Sep'09 were down 78% y/y at €53m, with EBITDA earnings fallen 54% to €216m and revenues 20% down at €6.7bn. But the company expects earnings to stabilise and improve overall in 2010, and sees the fundamental prospects for copper as positive. Copper demand could reach 17.9mt next year, almost back to 2008 levels, and grow more strongly from 2011.</div>

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Fushi Copperweld to Form China's First Composite Conductor Working Group - 0 views

www.prnewswire.com/...or-working-group-79217067.html

trends copper Fushi

shared by Colin Bennett on 16 Dec 09 - Snapshot

DALIAN, China, Dec. 14 /PRNewswire-Asia-FirstCall/ -- Fushi Copperweld,
Inc., (the "Company") (Nasdaq: FSIN), the leading global manufacturer and
innovator of copper-clad bimetallic wire used in a variety of
telecommunication, utility, transportation and other electrical applications,
today announced that the Company's subsidiary, Fushi International (Dalian)
Bimetallic Cable Co., Ltd., has been appointed to form and organize China's
first ever composite conductor working group by the National Standardization
Administration of China. The National Standardization Administration (SAC),
established in April 2001, is authorized by the State Council of the People's
Republic of China to draft, formulate, and implement state laws and
regulations on product standardization.
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Australia slashes 2010 copper production forecasts to lowest level in a decade - 0 views

www.mineweb.com/...page36

trends copper Australia mining

shared by Colin Bennett on 16 Dec 09 - Snapshot

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In its latest quarterly outlook, the Australian Bureau of Agricultural and Resource Economics cut its forecast for refined copper exports by 15.8% for the year to June 30, 2010, and its estimate for refined copper output by 13 percent to 408,000 tonnes.
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Short-term thinking on issues has harmed int`l mining, a new Deloitte report suggests - 0 views

www.mineweb.com/...page72068

trends copper mining

shared by Colin Bennett on 16 Dec 09 - Snapshot

A report issued Tuesday by international accounting and consulting firm Deloitte contends activity in the international mining industry "has often been disproportionately influenced by short-term outlooks."
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Chile - November copper export revenues up 81% y/y - 0 views

communities.thomsonreuters.com/...483204

chile copper export revenues november

shared by Caroline Millar on 16 Dec 09 - No snapshot

Caroline Millar on 16 Dec 09

Chile's copper exports totalled $2.85bn in November, up from to $2.48bn in October, and up 81% y/y compared to $1.57bn reported in November 2008, according to central bank data released on 15 December. Chile is the world's top copper producer, mining about a third of global supply.

<div class="cArrow"> </div><div class="cContentInner">Chile's copper exports totalled $2.85bn in November, up from to $2.48bn in October, and up 81% y/y compared to $1.57bn reported in November 2008, according to central bank data released on 15 December. Chile is the world's top copper producer, mining about a third of global supply.</div>

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Full text of Tony Blair's speech in Copenhagen - 0 views

www.guardian.co.uk/...n-tony-blair-speech-transcript

trends copper energy efficiency water

shared by Colin Bennett on 15 Dec 09 - Snapshot

Energy efficiency, especially if applied more rapidly in the developing world, saves massively on emissions. Things like the substitution of inefficient industrial motors, building insulation, reduced leaks from pipelines, may not sound exciting as the things at the frontier of technological discovery, but they bring big rewards and quickly.
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Japan - Furukawa Electric to launch new wire-harness plants in Brazil, India, China - 0 views

www.japanmetalbulletin.com/...nm091214.html

japan furukawa electric wire harness plant brazil india china

shared by Caroline Millar on 15 Dec 09 - Snapshot

Caroline Millar on 15 Dec 09

Japan's Furukawa Electric has announced plans to build new wire-harness plants in Brazil, India and China over the next 3 years. The firm is also following a strategy to acquire majority stakes in its joint venture production sites around the world. In China, where a new harness plant is planned for Wuhan - to add to the 5 existing Chinese auto-parts plants - sales are expected to reach ¥32-35bn in 2013.

<div class="cArrow"> </div><div class="cContentInner">Japan's Furukawa Electric has announced plans to build new wire-harness plants in Brazil, India and China over the next 3 years. The firm is also following a strategy to acquire majority stakes in its joint venture production sites around the world. In China, where a new harness plant is planned for Wuhan - to add to the 5 existing Chinese auto-parts plants - sales are expected to reach ¥32-35bn in 2013.</div>

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France - Nexans sees no quick upturn, but new €100m wind contract a bright spot - 0 views

www.reuters.com/...idUSGEE5BA0VG20091214

france nexans cable wind contract london array

shared by Caroline Millar on 14 Dec 09 - Snapshot

Caroline Millar on 14 Dec 09

Nexans, the world's biggest cable maker, sees no immediate upturn in demand for cables in 2010, from a market which has stabilised at a "very low" level, according to its CEO on 14 December, but a boom in wind farm and power network projects is providing some relief for the group's sales. Nexans has just announced its largest ever wind-power contract, a €100M deal for subsea power cables for the London Array off-shore project.

<div class="cArrow"> </div><div class="cContentInner">Nexans, the world's biggest cable maker, sees no immediate upturn in demand for cables in 2010, from a market which has stabilised at a "very low" level, according to its CEO on 14 December, but a boom in wind farm and power network projects is providing some relief for the group's sales. Nexans has just announced its largest ever wind-power contract, a €100M deal for subsea power cables for the London Array off-shore project.</div>

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Research Center To Foster New Copper Technologies, Applied Research Expected To Yield Game-... - 0 views

www.prweb.com/...prweb3328584.htm

trends copper

shared by Colin Bennett on 11 Dec 09 - Snapshot

The Copper Innovation Center (CIC) will foster scientific innovation and collaboration among various public and private entities, including federal, state and local government, non-governmental organizations (NGOs), research institutions and universities, and industry stakeholders.
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European bank supports grid connection between UK and Netherlands - 0 views

www.energyefficiencynews.com/...2652

trends copper super grid

shared by Colin Bennett on 11 Dec 09 - Snapshot

The new link will be particularly significant to the development of a European offshore grid able to integrate increasing levels of offshore wind and marine power in coming decades.
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Colin Bennett on 11 Dec 09

"The new link will be particularly significant to the development of a European offshore grid able to integrate increasing levels of offshore wind and marine power in coming decades."

<div class="cArrow"> </div><div class="cContentInner">"The new link will be particularly significant to the development of a European offshore grid able to integrate increasing levels of offshore wind and marine power in coming decades."</div>

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China - Customs reports November copper imports rose 10.3% m/m - 0 views

www.reuters.com/...idUSTOE5B806920091211

china copper imports november

shared by Caroline Millar on 11 Dec 09 - Snapshot

Caroline Millar on 11 Dec 09

Data released by Chinese Customs on 11 December shows November's imports of unwrought copper and semi-finished copper products were higher than predicted by analysts and traders at 290,158t, representing a 10.3% m/m rise (from to 263,109t in October, when imports fell 34% m/m) despite plentiful domestic supplies and high import costs in the world's biggest copper market. For the year to November, imports rose 67% to 3.92mt, thanks to record imports in the first half.

<div class="cArrow"> </div><div class="cContentInner">Data released by Chinese Customs on 11 December shows November's imports of unwrought copper and semi-finished copper products were higher than predicted by analysts and traders at 290,158t, representing a 10.3% m/m rise (from to 263,109t in October, when imports fell 34% m/m) despite plentiful domestic supplies and high import costs in the world's biggest copper market. For the year to November, imports rose 67% to 3.92mt, thanks to record imports in the first half.</div>

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China - Expansion plans among top 10 copper producers - 0 views

www.antaike.com/...Industry02.html

china top copper producers expansion

shared by Caroline Millar on 11 Dec 09 - No snapshot

Caroline Millar on 11 Dec 09

In a new report 'Chinese Copper Industry in 2010-2015' released 10 December, state-backed Chinese research group Antaike lists current expansion plans for five of the top 10 Chinese copper producers as follows: China Jiangxi Copper Corporation (JCC) - refined copper capacity expansion to 1.0mtpy planned within 2 years; Xiangguang Copper Co. Ltd - project capable of yielding 400ktpa cathode copper in stage 2 construction; Daye Nonferrous Metals Co. Ltd - expansion of smelting capacity to 400kt and refining capacity to 400kt; Dongying Fangyuan Nonferrous Metals Co. Ltd - 300ktpy copper smelting project planned and refining capacity expansion to 400ktpy; Yunnan Copper Industry (Group) Co. Ltd - 200ktpa expansion refining project on stream in H1'10, additional 170ktpa smelting capacity commissioning in H1'10.

<div class="cArrow"> </div><div class="cContentInner">In a new report 'Chinese Copper Industry in 2010-2015' released 10 December, state-backed Chinese research group Antaike lists current expansion plans for five of the top 10 Chinese copper producers as follows: China Jiangxi Copper Corporation (JCC) - refined copper capacity expansion to 1.0mtpy planned within 2 years; Xiangguang Copper Co. Ltd - project capable of yielding 400ktpa cathode copper in stage 2 construction; Daye Nonferrous Metals Co. Ltd - expansion of smelting capacity to 400kt and refining capacity to 400kt; Dongying Fangyuan Nonferrous Metals Co. Ltd - 300ktpy copper smelting project planned and refining capacity expansion to 400ktpy; Yunnan Copper Industry (Group) Co. Ltd - 200ktpa expansion refining project on stream in H1'10, additional 170ktpa smelting capacity commissioning in H1'10.</div>

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Electricity industry looks to a green electric future - 0 views

www.ft.com/...2d-11de-9a25-00144feab49a.html

trends copper carbon

shared by Colin Bennett on 10 Dec 09 - No snapshot

Carbon capture and storage remains a nascent technology: no one has yet proved that an integrated process can work on a commercial scale. But the US, Canada, Australia, the European Union and others have pledged billions of dollars to back demonstration projects. This suggests commercial deployment could be possible around 2020.
Even so, any transition to carbon-free generation will take decades. Low-carbon technologies are generally more expensive than fossil-fuel plants: some, such as offshore wind, are a lot more expensive. And with wind, power generation will not be constantly available. Britain, which is backing Europe's fastest expansion of wind power, is building into its plans for 2030 a huge margin of spare generation capacity which can be used when there is no wind.
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Kazakhstan - Kazakhmys to invest $5bn in copper production, refining - 0 views

in.reuters.com/...idINGEE5B907L20091210

kazakhstan kazakhmys invest copper production refining

shared by Caroline Millar on 10 Dec 09 - Snapshot

Caroline Millar on 10 Dec 09

Kazakh copper giant Kazakhmys plans within the next five to six years to invest $4bn in its copper deposits at Bozshakol and Aktogai - which will allow an average 30% increase in capacity - and a further $1bn in refining facilities. Kazakh state welfare fund Samruk-Kazyna, a Kazakhmys shareholder, said in October that China's Development Bank could lend Kazakhmys between $1.5bn and $2bn to finance the Bozshakol project.

<div class="cArrow"> </div><div class="cContentInner">Kazakh copper giant Kazakhmys plans within the next five to six years to invest $4bn in its copper deposits at Bozshakol and Aktogai - which will allow an average 30% increase in capacity - and a further $1bn in refining facilities. Kazakh state welfare fund Samruk-Kazyna, a Kazakhmys shareholder, said in October that China's Development Bank could lend Kazakhmys between $1.5bn and $2bn to finance the Bozshakol project.</div>

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New drive to harness wave power - Video - 0 views

news.bbc.co.uk/...8400441.stm

trends copper wave

shared by Colin Bennett on 09 Dec 09 - Snapshot

The European Marine Energy Centre at Stromness is playing host to nearly a dozen experimental devices designed to capture the energy of the tides and the waves.
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China - November copper imports seen flat, or less - 0 views

communities.thomsonreuters.com/...481097

china copper imports november

shared by Caroline Millar on 09 Dec 09 - No snapshot

Caroline Millar on 09 Dec 09

China's imports of unwrought copper and semi-finished copper products are unlikely to recover in November, according to Zhu Yanzhong, an analyst at Jinrui Futures, a subsidiary of top smelter Jiangxi Copper. Imports are expected to be flat, or fall slightly from the previous month, limited by strong LME prices and abundant domestic supplies. Traders estimate refined copper imports (the most popular) will be 150,000-160,000t in November (against 169,374t in October).

<div class="cArrow"> </div><div class="cContentInner">China's imports of unwrought copper and semi-finished copper products are unlikely to recover in November, according to Zhu Yanzhong, an analyst at Jinrui Futures, a subsidiary of top smelter Jiangxi Copper. Imports are expected to be flat, or fall slightly from the previous month, limited by strong LME prices and abundant domestic supplies. Traders estimate refined copper imports (the most popular) will be 150,000-160,000t in November (against 169,374t in October).</div>

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UK signs up to North Sea supergrid vision - 0 views

www.businessgreen.com/...uk-signs-north-sea-super-grid

trends copper wind

shared by Colin Bennett on 08 Dec 09 - Snapshot

Nine European countries have today signed a major agreement to develop the
world's first large-scale offshore wind energy grid in the North and Irish
seas, providing a boost to the continent's fast-expanding offshore wind
industry.

UK energy minister Lord Hunt joined with ministers from Germany, France,
Belgium, the Netherlands, Luxembourg, Denmark, Sweden and Ireland to sign the
agreement on the sidelines of today's European Council meeting in Brussels.
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Colin Bennett on 08 Dec 09

"Nine European countries have today signed a major agreement to develop the world's first large-scale offshore wind energy grid in the North and Irish seas, providing a boost to the continent's fast-expanding offshore wind industry.

UK energy minister Lord Hunt joined with ministers from Germany, France, Belgium, the Netherlands, Luxembourg, Denmark, Sweden and Ireland to sign the agreement on the sidelines of today's European Council meeting in Brussels."

<div class="cArrow"> </div><div class="cContentInner">"Nine European countries have today signed a major agreement to develop the world's first large-scale offshore wind energy grid in the North and Irish seas, providing a boost to the continent's fast-expanding offshore wind industry. <br /> <br /> UK energy minister Lord Hunt joined with ministers from Germany, France, Belgium, the Netherlands, Luxembourg, Denmark, Sweden and Ireland to sign the agreement on the sidelines of today's European Council meeting in Brussels."</div>

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Irish wind farms to connect to Euro 'Supergrid' - 0 views

www.insideireland.ie/...896%3E

trends copper wind

shared by Colin Bennett on 08 Dec 09 - Snapshot

The Initiative will examine the construction of an offshore wind energy grid, or 'Supergrid' in the North and North West Seas which it hopes will play an important part for Europe to meet the EU's 20-20-20 targets
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Japan - J-Power Systems' overseas expansion - 0 views

www.japanmetaldaily.co.jp

japan j-power hv cables india saudi arabia

shared by Caroline Millar on 08 Dec 09 - Snapshot

Caroline Millar on 08 Dec 09

J-Power Systems, the high-voltage cables jv between Japan's Sumitomo Electric Industries and Hitachi Cable, is currently preparing to manufacture cables abroad in India and Saudi Arabia and says its new mid-term plan for fiscal 2010-2015 will increase the ratio of overseas sales from 40% to 50%. It is also considering adding two more overseas production factories.

<div class="cArrow"> </div><div class="cContentInner">J-Power Systems, the high-voltage cables jv between Japan's Sumitomo Electric Industries and Hitachi Cable, is currently preparing to manufacture cables abroad in India and Saudi Arabia and says its new mid-term plan for fiscal 2010-2015 will increase the ratio of overseas sales from 40% to 50%. It is also considering adding two more overseas production factories.</div>

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Japan - SWCC Showa Group continues to reorganise its wire harness business - 0 views

www.japanmetalbulletin.com/index.html

japan swcc showa daiji wire harness

shared by Caroline Millar on 07 Dec 09 - Snapshot

Caroline Millar on 07 Dec 09

Japan's SWCC Showa Holdings says its domestic wire harness production subsidiary, Daiji, will close its Itami plant in Japan, to integrate the operation into its Okayama plant. In October, two wire harness production subsidiaries in Dongguan, China, were integrated into a single plant (Dongguan Showa Interconnect Products). The ongoing reorganisation is a response to the trend in recent years for Showa's main wire harness customers - Japanese electric appliance makers - to transfer operations to China and Southeast Asia.

<div class="cArrow"> </div><div class="cContentInner">Japan's SWCC Showa Holdings says its domestic wire harness production subsidiary, Daiji, will close its Itami plant in Japan, to integrate the operation into its Okayama plant. In October, two wire harness production subsidiaries in Dongguan, China, were integrated into a single plant (Dongguan Showa Interconnect Products). The ongoing reorganisation is a response to the trend in recent years for Showa's main wire harness customers - Japanese electric appliance makers - to transfer operations to China and Southeast Asia.</div>

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Trends, copper

Germany - Aurubis expects improved earnings in 2010 - 0 views

Fushi Copperweld to Form China's First Composite Conductor Working Group - 0 views

Australia slashes 2010 copper production forecasts to lowest level in a decade - 0 views

Short-term thinking on issues has harmed int`l mining, a new Deloitte report suggests - 0 views

Chile - November copper export revenues up 81% y/y - 0 views

Full text of Tony Blair's speech in Copenhagen - 0 views

Japan - Furukawa Electric to launch new wire-harness plants in Brazil, India, China - 0 views

France - Nexans sees no quick upturn, but new €100m wind contract a bright spot - 0 views

Research Center To Foster New Copper Technologies, Applied Research Expected To Yield Game-... - 0 views

European bank supports grid connection between UK and Netherlands - 0 views

China - Customs reports November copper imports rose 10.3% m/m - 0 views

China - Expansion plans among top 10 copper producers - 0 views

Electricity industry looks to a green electric future - 0 views

Kazakhstan - Kazakhmys to invest $5bn in copper production, refining - 0 views

New drive to harness wave power - Video - 0 views

China - November copper imports seen flat, or less - 0 views

UK signs up to North Sea supergrid vision - 0 views

Irish wind farms to connect to Euro 'Supergrid' - 0 views

Japan - J-Power Systems' overseas expansion - 0 views

Japan - SWCC Showa Group continues to reorganise its wire harness business - 0 views

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