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James Wright

France - La Farga Group announces opening of new copper pipe distribution centre in France - 0 views

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    La Farga Tub France, a new subsidiary of La Farga Group, the Spanish copper semis fabricator, commissioned a new distribution facility to supply France with the Group's 'La Farga Tub' copper products. The copper piping will be manufactured at the Les Masies de Voltregà plant and will be 100% recyclable and bacteria-free. The products' intended application areas include: Sanitation, refrigeration, climatization, medical and industrial use. La Farga estimates that the annual consumption of copper piping in France is 30,000t.
Colin Bennett

Main copper producer Chile expects record output thanks to BHPB and Codelco - 0 views

  • Chile, the world’s main copper producing country, said Monday output is likely to reach a record high this year as BHP Billiton (ASX, NYSE:BHP) ramps up supply and state-owned Codelco starts a new mine in the Atacama Desert. Based on the report published by the Chilean Copper Commission (Cochilco), the South American nation expects to generate 5.59 million tons of red metal this year, up 3% from 2012 levels. The country also forecasts world copper supply exceeding demand by 56,000 tons this year and 68,000 tons in 2014. BHP is increasing production at its Escondida mine, in Chile’s arid north, over 20%, while State’s owned Codelco is aiming to lift output to 1.7 million tons with activity starting at its Ministro Hales mine, reports Diario Financiero (in Spanish).
Colin Bennett

Newmont, Teck and other two companies to make single bid for Glencore Xstrata... - 0 views

  • Newmont Mining Corp, Teck Resources, private equity firm Blackstone Group and Magris Resources – a company led by former Barrick ceo Aaron Regent – are discussing a partnership to make a bid for Glencore Xstrata's $5.9 billion Las Bambas copper project in Peru, according to local media.
Glycon Garcia

¿Cuál prefiere? - Por qué América Latina podría convertirse en líder mundial ... - 0 views

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    Imagine qué ocurriría si la ciencia descubriera una nueva fuente de energía capaz de satisfacer el 20 por ciento de la demanda global de electricidad a un costo prácticamente nulo y sin impacto medioambiental alguno.
Fabio Fiori

MINISTERI- AR.CO. - Avviso pubblico alle imprese per contributi finalizzati a... - 0 views

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    AR.CO. - Avviso pubblico alle imprese per contributi finalizzati all'inserimento occupazionale Data Apertura: 30/12/2009 - Data Chiusura: 31/08/2010 Si dà avviso che la procedura informatica di registrazione per gli avvisi pubblici finalizzati a: richiesta di contributi per l'inserimento occupazionale, richiesta di incentivi per l'assistenza tecnica/consulenza specialistica, richiesta di contributi per il supporto alla creazione di impresa sarà attiva a partire dal giorno 15/02/2010 alle ore 07:00. Saranno prese in considerazione esclusivamente le richieste pervenute tramite la registrazione al sito
Fabio Fiori

IMPRESE - Parafarmacie: ancora un attacco dalle lobby - 0 views

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    Sul filo di lana, nel corso dell'ultima discussione in merito al decreto Milleproroghe, il senatore del Pdl Salvo Fleres ha presentato un proprio emendamento che prevedeva lo stop incondizionato al rilascio di nuove licenze per le parafarmacie e il contingentamento di quelle già aperte ad un parametro d'abitanti (una ogni 20mila abitanti) tale da determinare la chiusura della maggioranza degli esercizi aperti con il decreto Bersani. (poposta che non ha trovato seguito per la presentazione da parte del Governo di un maxiemendamento).
James Wright

USA - SDI-La Farga's new 82,000t/y copper wirerod plant will use No. 2 Birch Cliff scrap - 0 views

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    SDI-La Farga's joint venture wirerod project, which will have the capacity to produce 82,000t/y of copper wirerod once made fully operational after its scheduled Q2 2012 start-up, will use No. 2 Birch Cliff scrap as its primary feedstock. No. 2 Birch Cliff is a mix of wire and tubing with 96% copper content. This scrap material is popular amongst China copper consumers, fuelling speculation that the new US operation will lead to a narrowing of US scrap discounts and questioning whether it can compete in a market with a lower cathode-scrap margin.
Colin Bennett

Doe Run halts production at La Oroya copper/lead/zinc smelter - 0 views

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    Doe Run Peru, the country's fourth largest metals exporter, said on Tuesday it will halt all operations at its sprawling La Oroya smelter on Wednesday because financial and environmental setbacks have prevented it from buying concentrates. The plant, hobbled by financial woes since March, processes lead, zinc and copper. Its work permits could be canceled if it does not meet an October deadline for an environmental cleanup.
Emma james

Las Vegas Luxury Resort and Casino - 0 views

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    The new 2,995-room luxury resort features inspired designs, original collection of diverse dining experiences and expansive private terraces overlooking the Las Vegas Strip.
Colin Bennett

Xstrata to spend $5.2bn on Las Bambas copper project, at least 400,000 tpy of copper in... - 0 views

  • The project is currently under construction and is set to produce at least 400,000 tpy of copper in its first five years. Its life span is estimated at over 20 years. Commissioning is expected to start at the end of 2014, with production ramp-up in 2015, the company has announced.
Matthew Wonnacott

CRU analyst sees Chinese consolidation and substitution weighing on demand - 0 views

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    An official from SDI La Farga LLC's said on 11th December that the company is producing limited amounts of wirerod at its new US $39M plant in New Haven, Indiana. The new facility, a joint venture between Spain's La Farga Group and Steel Dynamics Inc, produces wirerod from number 2 scrap copper rather than cathode. The company official said "we've produced quality rod and are in the process of getting approval of customers and we have done so with several customers." He added that plant officials are "waiting for more customer orders to start producing more".
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    According to a US-based cathode seller, US downstream users of copper cathode are hesitant to sign long-term contracts in 2013, believing that there will be sufficient cathode available on the market for last-minute purchases. The report also cited a downstream user as saying that he believes that absent of transport costs, premiums on annual contracts might have been lower in 2013 compared to 2012. However, the report cited the downstream user as saying he preferred to take cathode from merchants due to the "more lenient" payment terms, whereby he received 10-30 days net credit on annual deals, as opposed to cash-on-payment for spot deals.
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    Quanshun copper announced on 8th December that it has begun production at its new 100,000t/y semis plant in Xinxiang City, Henan province. The new facility is capable of producing 50,000t/y of oxygen-free copper wirerod, 20,000t/y of copper bar, 10,000t/y of transposed conductors (copper strips) and 10,000t/y of other specialist copper semis for the electronics industry. The new production capacity, which was built at a cost of RMB700M (USD112M), is aimed at serving the Chinese domestic market, however, a source at the company did not rule out exporting in the coming years.
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    According to an official from the Delixi group, the company plans to build a new 400,000t/y copper wirerod plant in Zhangpu town, Jiangsu province. The total investment in the new plant will be around RMB3.6bn (US$573M), although the official declined to disclose the timeline for the project. According to the company's website, it specialises in the manufacturing of electric power transmission and distribution appliances.
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    Anhui Jincheng, the Shanghai-listed producer of copper PSSF, said on 26th March that it produced 93,872t of copper PSSF in 2012, a 13% y-o-y increase from 2011. Despite the increase in output, the company made a net loss of RMB57M in 2012 from a profit of RMB24M in 2011 (loss of US$9M from a profit of US$3.8M). Remarking on the results the company said that "uncertainties in the global economy, the euro debt crisis, plus the weak Chinese economy, has negatively impacted demand by the downstream processing sector last year."
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    Talking at the annual CESCO/CRU World Copper Conference, CRU Principal Consultant Vivienne Lloyd said that up to 2Mt of copper demand could be lost over the next five years due to substitution and consolidation amongst Chinese semis producers. Lloyd said that the areas under the greatest threat from substitution are the automotive wiring harness sector and the HVAC sector. However, CRU believes that the aluminium/copper price ratio is likely to have peaked in 2012 at around 4:1, and will fall back gradually to 2017 reaching 3:1, which should relieve some of the substitution pressures.
Colin Bennett

Codelco to be one of the world's top 10 silver producers - 0 views

  • The nearly $3 billion copper-silver mine is expected to add 300 tons of the precious grey material to the existing silver output from the rest of Codelco’s operations in the country
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EDFEN and Clipper Sign 67.5-MW Turbine Supply Deal - 0 views

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    EDF Energies Nouvelles has signed an agreement with Clipper Windpower for the supply of 67.5 MW of wind turbines. Clipper Turbine Works, a subsidiary of Clipper Windpower, will supply 27 wind turbines, each with a 2.5 MW capacity, to build the first phase of the La Ventosa wind farm in Mexico.
Panos Kotseras

US - Rea Magnet to shut magnet wire plant - 0 views

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    Rea Magnet Wire has announced that it will lay off the 75 staff employed at its Las Cruces plant located in the West Mesa Industrial Park and suspend production. This is expected to take place by February 2009, however, it depends on the work commitments of the plant. The company produces copper, aluminium and brass insulated magnet wire and bare wire, supplying motor, transformer and coil manufacturers. Rea's workforce in North America exceeds 1,000 staff. The decision to close the plant is attributed to weakening demand for magnet wire in the US. As a result of poor market conditions, the company cannot continue to operate at limited capacity. Rea Magnet reported that the decision is not permanent and it hopes to reopen the plant as long as the market circumstances permit so.
Colin Bennett

Personal Landfill Plots - Forever Landfill in LA (VIDEO) - 0 views

  • Forever Landfill is a private disposal service for L.A. residents that gives each home a landfill plot for their personal trash. With the average American producing four pounds of trash a day, there’s a dire need to get waste under control. Forever Landfill also knows that being totally eco-friendly and not producing any waste leaves little room for fun, and no room for luxury.
Glycon Garcia

Mexico clears way for private sector investment in renewables | reegle Blog - 0 views

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    Until November it was virtually impossible for a private developer of renewable energy power plants to become an independent power producer (IPP) in Mexico. Article 27 of the Mexican Constitution precluded private investment stating that electricity generation for public use is an activity to be undertaken exclusively by the Government. Mexico's enactment of a new law for the use of Renewable Energy and the Financing of the Energy Transition ( Ley para el Aprovechamiento de Energías Renovables y el Financiamiento de la Transición Energética ) substantially improves the legal framework for private investment in renewable energy projects. The law regulates renewable energy electricity generation for purposes other than providing public electricity services. The law states that the use of renewable energy for electricity generation is possible for private use and any excess energy can be sold, but only based on regulations and approvals by Mexico's energy regulatory body, CRE .
Colin Bennett

Glencore Xstrata starts disposal of Peruvian copper mine - 0 views

  • Glencore Xstrata formally fired the starting gun on the $4bn-$5bn disposal of its Las Bambas copper mine in Peru on Tuesday, announcing the appointment of two investment banks to advise on the sale.
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