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Piotr Ortonowski

China - Amer to build 250,000t/y copper rod plant in Chaohu - 0 views

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    Amer International Group has signed an agreement with the local government of Wuwei County in Chaohu, Anhui Province, to build a 250,000t/y copper rod plant in Wuwei. Fixed-asset investment in the project is reportedly RMB2.5B. Once in operation, the plant will be the biggest of its kind in Asia.
Colin Bennett

UK Government sets out vision for electric vehicle infrastructure - 0 views

  • The Government’s vision for recharging infrastructure, to support the electric vehicles revolution, has been announced today by Transport Secretary Philip Hammond.
  • Making the Connection: the Plug-In Vehicle Infrastructure Strategy can be found here: http://​www​.dft​.gov​.uk/​p​u​b​l​i​c​a​t​i​o​n​s​/​p​l​u​g​-​i​n​-​v​e​h​i​c​l​e​-​i​n​f​r​a​s​t​r​u​c​t​u​r​e​-​s​t​r​a​t​egy
Colin Bennett

Solar panel subsidy to be slashed - 0 views

  • That would mean a fall from the current level of up to 43p per kilowatt hour generated, to as little as 9p per kWh – a move which the industry claims would be devastating. If the government follows past precedent, any change would not affect homeowners with existing solar panels.
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    A move which the industry claims would be devastating
James Wright

China - Xingxing Copper Co.'s oxygen-free copper rod mill reaches installed capacity of... - 0 views

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    It was reported that Xinxing Copper Co. successfully increased its production capacity of oxygen-free copper rod to 150,000t/y in October after the new casting and rolling line was formally opened for production in the month prior. The project is part of a RMB3.0B strategic cooperation agreement between the Fuyang municipal government and Xinxing Copper Co. to build operations capable of producing 150,000t/y of high grade semis and 300,000t/y of refined copper.
Colin Bennett

China steels itself over policy tightening - 0 views

  • Construction has slowed due to government purchasing restrictions on residential real estate as well as tighter credit. Housing inventories stand at more than 11 months worth of sales – their highest level in years – and in October residential property prices recorded their biggest decline this year, falling 0.23 per cent, according to the China Real Estate Index System.
Colin Bennett

China to Restart Copper Recycling Tax Rebate, Metals Group Says - 1 views

  • A 40 percent rebate on the 17 percent value-added tax has been approved by the finance ministry and will be announced in the first half, said Li Shilong, Vice President of the China Nonferrous Metals Industry Association’s recycling metal branch, citing talks with the government.
Colin Bennett

Global Strategic Trends out to 2045 - 0 views

  • As well as providing a strategic context, this 5th edition of Global Strategic Trends (GST 5) identifies long term threats and opportunities, out to 2045. GST does not attempt to predict the future, it cannot. Rather, it describes those phenomena that could have a significant impact on the future and combines these differing perspectives to produce a multifaceted picture of possible outcomes.
Colin Bennett

Smart City Technology Will Reach $27.5 Billion in Annual Revenue by 2023 - 0 views

  • The report, “Smart Cities”, examines the evolution of the global smart city market, detailing the impacts on key technology markets, including smart grids, water management, transportation, building energy efficiency, and government services. 
Colin Bennett

ABB wins $100 million order to support power infrastructure in Iraq, gov't investing in... - 1 views

  • The government is rebuilding the country, investing in national housing programs and has ambitious plans for developing its power infrastructure to meet electricity needs. The order was booked in the fourth quarter of 2015.
Hans De Keulenaer

China Oil, Copper, Iron Ore Prices Collapse Due to Coronavirus - Bloomberg - 3 views

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    "Chinese commodity prices collapsed on the first day of trading after the Lunar New Year break as investors returned to markets gripped by fear over the impact the coronavirus will have on demand in the world's biggest consumer of raw materials. The country's three major commodity exchanges were hit by a fevered bout of selling as they reopened with Chinese traders getting their first opportunity to catch up with losses inflicted on overseas markets while they had been on holiday."
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    The full impact on copper is not known yet. We will have to wait and see how the health issue impacts manufacturing and also wait to see the China government fiscal response. Seemingly anything else at this time is speculation.
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    Time will tell and media does overhype. What I found noteworthy that these stories were linked to Dr Copper, which rarely happens. Agreed that we do not need to stir the hive, but I alerted Joe that he may receive lots of interest for the January edition of his index.
Colin Bennett

China's stimulus will not stop metal demand falling - 2 views

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    Copper likely to benefit more than the steel-intensive previous packages
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