Group items tagged

"It will be called Noris Metallrecycling GmbH, and will be controlled by German recyclers Essingen-based Scholz Recycling and Munich-based Thyssen Alfa Rohstoffhandel München."

"Vietnam is one of the few countries in the Southeast Asian region that has established regulatory bodies in the power sector. In 2004, the Electricity Reform Law was introduced to establish a competitive electricity market in the country. Reforms were initiated in 2012 and agencies such as the Directorate General of Energy (DGE) under the Ministry of Industry and Trade (MOIT) and Electricity Regulatory Authority of Vietnam (ERAV) restricted the control and ownership of transmission grid and power generation of Vietnam Electricity (EVN)."

"India is looking to smart grid infrastructure to help tackle an out-of-control electricity theft problem and improve reliability."

"1. Chinese smelters are jointly calling on the government to scrap the 15% export tax on aluminium ingots, as they hope to benefit from a global market deficit. Yet many market participants cast doubts on the proposal as it is against Beijing's industrial policy on the light metal. 2. Beijing has cancelled approval requirement for aluminium smelting projects, but it continues to keep tight control over the sector, ordering local governments not to register new aluminium smelting..."

"The engineering, procurement and construction (EPC) model for power plant design and construction has demonstrated its ability to provide overall project guarantees and a single point of responsibility for owners. However, both the EPC provider and - to a greater extent - the plant owner, can realize significant improvements to this approach by engaging earlier and deeper with the OEM providing the instrumentation, control and electrical system (ICE)."

"The supporting technologies associated with energy storage systems include power conversion (primarily focused on inverters), system-level software and controls, and systems integration services. "

"Teck issued a statement at the request of IIROC on behalf of The Toronto Stock Exchange stating that "it is not in discussions with Antofagasta in relation to any form of transaction, and there are no other corporate developments that justify any significant movement in its share price." Earlier Bloomberg issued an article citing unnamed sources that saying that the two miners are in early stage negotiations about a tie-up and that any agreement is dependent on the approval of the families that control both miners. "

Gaisky GOK, a subsidiary of UMMC, the Russian miner and producer of copper semis, announced on 26th November that its net revenue for the first nine months of the year increased by 6.89% to RUB12.28B (US$395M). However, the company's net profit fell by 6.4%, to RUB2.53B (US$81M) in the same period compared to a year before. Gaisky GOK is based at the Gaisky field and controls three quarters of the copper reserves in the Orenbursky region of Russia. UMMC manufactures semis products from its Kirov non-ferrous plant and recently acquired a new round rolled production line from German company TUF-CERT according to its website.

CEF, the Brazilian government controlled development bank, announced on 4th January that it is purchasing a 17.2% stake in smelter and semis producer Paranapanema from the Brazilian development bank BNDES. Paranapanema is primarily involved in the smelting and production of semi-finished copper products for the Brazilian and South American market, including copper tube, wires, bars and strips.

Sumiden Hitachi Cable said it forecasts Japanese electric cable makers' shipments of VVF (vinyl insulated vinyl sheathed flat-type) cable will total an average of 4,500-4,700 tonnes per month in copper weight in fiscal 2012 ending in March 2013. This would be an increase of around10%. However, if the reconstruction works in disaster areas affected by the Japanese earthquake were delayed, the monthly shipment forecasts could show a slight fall. Sumiden Hitachi Cable is the largest sales company of building cables and wires in Japan and is jointly controlled by Hitachi Cable, Sumitomo Electric Industries and Tatsuta Electric Wire & Cable. Sumiden Hitachi Cable is the third largest supplier of VVF cable in Japan.