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Colin Bennett

India has 4.38mn broadband users - 0 views

  • The Trai statement said, the country added 8.81 million telephone connections (both wire and wireless) during June 2008 as compared to 8.46 million it added during May 2008. In the wireless segment, which includes GSM, CDMA and WLL, there was an addition of 8.94 million as against 8.62 million during May 2008.
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    The Trai statement said, the country added 8.81 million telephone connections (both wire and wireless) during June 2008 as compared to 8.46 million it added during May 2008. In the wireless segment, which includes GSM, CDMA and WLL, there was an addition of 8.94 million as against 8.62 million during May 2008.
Colin Bennett

OECD-WTO measuring trade in value added - 0 views

  • The goods and services we buy are composed of inputs from various countries around the world. However, the flows of goods and services within these global production chains are not always reflected in conventional measures of international trade. The joint OECD – WTO Trade in Value-Added (TiVA) initiative addresses this issue by considering the value added by each country in the production of goods and services that are consumed worldwide.  TiVA indicators are designed to better inform policy makers by providing new insights into the commercial relations between nations.
Colin Bennett

Mining companies are paying more bucks for their bang | U.S. | Reuters - 0 views

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    The price rises have added to explosives companies' profits but for miners it is an added cost, along with higher diesel, energy and labor expenses, narrowing their margins at a time when metals and coal are in big demand.
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GM Adding World's Largest Rooftop Solar Power System to Plant - 0 views

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    General Motors (GM) announced that it is adding the world's largest rooftop solar photovoltaic power installation to its car assembly plant located in Figueruelas, Zaragoza, Spain. When the project is completed in fall 2008, the Zaragoza solar installation will cover about 2 million square feet of roof at the plant and include about 85,000 solar panels. When fully operational, the Zaragoza solar installation will generate about 12 megawatts of power at its highest output. The installation will generate about 15.1 million kWh of power annually, which is equivalent to the demand of 4,575 households with an average annual consumption of 3,300 kWh in Spain. "The Zaragoza project demonstrates proof that GM is actively accelerating our efforts to be part of the solution to the environmental issues and challenges facing our world," said Gary Cowger, GM group vice president of global manufacturing and labor relations. "We are proud to be a global leader in the usage of renewable energy."
Colin Bennett

Ferraris for all: geo-engineering - 0 views

  • some are arguing that things are getting so bad that geo-engineering might be necessary despite the possibility of damaging unintended consequences. On the other hand, others are worried that discussing geo-engineering could shift the discussion away from decarbonisation. An added worry seems to be that developing countries such as China and India – those that most need
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    the most detailed popular discussion of geo-engineering I have come across so far. In broad terms three possible techniques were identified:\n\n* Removing carbon dioxide from the oceans.\n* Removing carbon dioxide from the atmosphere.\n* Using lenses or mirrors to divert sunlight from the planet.\n\nHowever, the discussion is still wracked with anxiety. On the one hand, some are arguing that things are getting so bad that geo-engineering might be necessary despite the possibility of damaging unintended consequences. On the other hand, others are worried that discussing geo-engineering could shift the discussion away from decarbonisation. An added worry seems to be that developing countries such as China and India - those that most need great increases in energy supply - could take a lead in developing the technology.\n
Colin Bennett

An Ill Wind Blows On China's Turbine Business - 0 views

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    The SERC (State Electricity Regulatory Commission) has released stricter technical regulations, especially for LVRT (Low Voltage Ride Through) reformation. Additionally, 18 industry standards have been released in November 2011 by the National Bureau of Energy. There are two immediate effects of the regulatory changes. Adding a LVRT capability will increase the cost of the Chinese turbines. This, coupled with slower demand, will lead to a squeezing out of the marginal producers who won't be able to afford to fit new equipment. Thus, the domestic wind power manufacturing sector in China is poised for tough times, when consolidation may even change the positioning of the top five players.
Colin Bennett

China unveils five-year plan for new strategic industries - 0 views

  • BEIJING -- China has released a plan for the development of its new strategic industries from now to the end of 2015, according to a latest statement released by the State Council.  The seven new strategic industries include energy conservation and environment protection, new information technology, biology, high-end equipment manufacturing, new materials, new energy and new-energy cars, according to the plan.  The seven industries will maintain an average growth rate of more than 20 percent during the 2011-15 period, the plan said.  The total value-added output of the industries will account for around 8 percent in China's GDP by 2015, it said. 
Colin Bennett

Korea copper scrap tax system - 0 views

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    Supply of copper scrap is expected to gradually increase in the domestic market. With the full-scale enforcement of a system for copper scrap buyers to pay added-value tax.
Colin Bennett

PBOC Says No Longer in China's Interest to Increase Reserves - 0 views

  • The People’s Bank of China said the country does not benefit any more from increases in its foreign-currency holdings, adding to signs policy makers will rein in dollar purchases that limit the yuan’s appreciation.
  • The People’s Bank of China said the country does not benefit any more from increases in its foreign-currency holdings, adding to signs policy makers will rein in dollar purchases that limit the yuan’s appreciation.
Colin Bennett

Substitutes for a copper material roof - 0 views

  • We are putting on a new roof & the price of copper is really adding to the price of the roof. The snow slides alone are over $7,000. Is there something that we can use that looks like cooper and is still corrosive-resistant, but is less expensive?
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    "We are putting on a new roof & the price of copper is really adding to the price of the roof. The snow slides alone are over $7,000. Is there something that we can use that looks like cooper and is still corrosive-resistant, but is less expensive? "
Colin Bennett

Global ad spend predicted to grow 5%, more in digital - 2 views

  • In terms of media type, digital outperforms previous predictions for 2014 with year-on-year growth forecast at 16.1%. Digital will also increase its total share of spend, reaching 20.5% in 2014 and 22.6% next year, when it will out-pace the combined magazines and newspaper global share for the first time.
Colin Bennett

Japan's Furukawa Electric expects auto sector to boost copper demand - 0 views

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    ""There have been sharp technological advances in the auto sector, which requires highly functional copper," Keiichi Kobayashi, corporate senior vp, automotive and electronics material field, copper and high performance material products division, told Metal Bulletin sister title Copper Price Briefing. The growth in the auto market increases demand for the company's highly functional copper products, he said, adding that demand from the electronic devices markets such as mobile phones was good but can fluctuate a lot. The company's product share is comprised of 40% automotive, 40% electronics and 20% infrastructure."
Colin Bennett

Replacing Copper with Aluminum in Cable Presents Huge Market Potential - Shanghai Metal... - 2 views

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    "SHANGHAI, Aug. 11 (SMM) - There is huge market potential to replace copper with aluminum in China's cable industry, cableabc.com reported. Market value of China's aluminum alloy cable approached 13 million yuan ($2.1 million) in 2014. However, China's rate of substituting aluminum alloy for copper in cable is just 3%-5% at present, well below 55% in Japan. Currently, the rate of using aluminum alloy and Al-Mg-Si alloy to replace copper cable has reached 70%-75% in the US, cableabc.com added, quoting data from Research and Markets. "
Colin Bennett

Iranian Copper Opportunity - 1 views

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    "Iran's demand for refined copper is small, amounting to just 155kt in 2014. Any easing of trade sanctions is likely to result in a healthy boost to domestic copper demand as the country catches up after its years of isolation. There is also the possible added bonus of increased exports to its neighbours which have wirerod capacity constraints. However, the overall effect on global refined copper demand growth will be limited. "
Colin Bennett

Xstrata copper production in H1 down by 3% YoY - 1 views

  • Total mined copper production decreased by 3% in the H1 of 2010 compared to the corresponding period in 2009. Lower production was mainly due to reduced volumes at Mount Isa and Ernest Henry as a result of lower grades and at Antamina, where higher mill throughput and recoveries only partially compensated for lower copper ore grades.
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Scorpion Gives Hydrogen On Demand - 0 views

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    Whilst adding hydrogen to fuel isn't new, generating it from water whilst you're driving is.
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Hulamin expects global demand to hold, but warns local sales may slow - 0 views

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    Despite a slowdown in the global economy and a softening in demand for aluminium rolled products in some regions, JSE-listed aluminium reroller Hulamin expected global demand to increase this year. CEO Alan Fourie on Tuesday commented that the company, which exported about 70% of its products, had seen some softening in demand for aluminium rolled products in some regions, but added that demand for these products was expected to grow by between 5% and 7% this year. "Obviously the slowdown of the [global] economy puts pressure on margins, it is an economic consequence, but we are still selling into a growing international market," he said. Locally, however, the softening economic climate was expected to impact on sales volumes for the second half of the year. However, Hulamin expected these high-value products to continue growing as a percentage of its sales in the next few years. Fourie noted that five years ago, these products equated to just over 50% of its sales volumes, while their contribution was just below 60% in 2007. They now comprised about 64% of its total sales volumes. Meanwhile, Hulamin stated that its costs had increased by 16%, influenced by a 58% increase in energy costs, increasing alloying costs caused by magnesium prices rising from $2 000/t to $4 500/t, and increases in other metals. Excluding the cost of increasing energy and metals prices, the company's costs had increased by 6%. Fourie noted that while the rising aluminium costs did not affect its profitability, it did have an effect on its working capital. "We hold aluminium in our working capital. So when the aluminium price increases, the cash tied up in working capital increases and we have seen a significant increase in working capital during this period, because the rand price of aluminium has increased by close to 40% in the last six months," he explained. Further, Fourie did not expect the increasing electricity prices to have too great an impact on its futu
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Inmet's Bid for Petaquilla Copper - 0 views

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    There is no consensus among the analysts on Inmet Mining Corp.'s (IEMMF.PK) C$345-million hostile bid to take out its junior partner Petaquilla Copper Ltd. (PTQLF.PK). On the positive side, Raymond James analyst Tom Meyer wrote that by moving its stake in the Petaquilla copper project from 48% to 74%, Inmet would gain "important strategic flexibility" and lower the risk profile on the project. If Petaquilla Copper was bought out, Inmet and Teck Cominco Ltd. (TCK) would be the sole remaining partners and the legal action between Petaquilla Copper and Teck would presumably end. In a note, Mr. Meyer wrote: With two shareholders in the project as opposed to three, we believe it is safe to say that rational decision-making may likely become less of a bottleneck and the project can move forward at a faster rate. He added that by going to a 74% interest, Inmet could be in a position to potentially buy Teck Cominco's stake as well. Analyst Greg Barnes from TD Newcrest presents the negative view. He wrote that the economics of the Petaquilla project are "marginal" and figures that it would need a long-term copper price above $2.25 a pound for it to work. He also noted a "lack of clarity" on how Inmet could optimize value from the project. He wrote: Until Inmet is able to verify improved project parameters, we feel that the company is overpaying for a project that has less than compelling economics. Over at UBS Securities, analyst Onno Rutten's opinion is a little more mixed. He thinks that Inmet's C$2.00-a-share offer for Petaquilla Copper is "a steep premium," but would accelerate the project's development if it is successful. That could unlock value for Inmet. However, Mr. Rutten shares Mr. Barnes' concerns about the risks of the project; he pointed out that Inmet, a C$3-billion company, is trying to build a project that costs close to C$4-billion. He also said that Petaquilla needs strong copper prices to be economic. But he wrote that the financi
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Sony Invests $369M to Expand Lithium-Ion Battery Production - 0 views

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    Sony Corp will invest $369 million (40 billion yen) to power up its lithium-ion battery production operations, adding new facilities and augmenting existing lines. The infusion, which Sony said is the first phase of investment in lithium-ion batteries the company is undertaking as part of efforts to reinforce core areas of its component and semiconductor business over the next three years, will be used to construct new production facilities and to enhance existing lines at Sony's lithium-ion battery production sites in Japan, the Motomiya Technology Center and Tochigi Technology Center of Sony Energy Device Corp. Sony said it is making the investment in response to the growing demand for lithium-ion batteries and that the new production facilities will focus on electrodes, battery cell production lines, and charge and discharge equipment, among other technologies. Sony further reminded its expanding lithium-ion battery production in Singapore and China, and said that in total its monthly production capacity will increase from the current level of 41 million cells per month to 74 million cells in 2010. Sony's $369 million investment will start in its current fiscal year and continue through the second half of its fiscal year 2010. Sony's fiscal Q1 2008 concluded in June. Meanwhile, Matsushita Electric Industrial Co recently committed $923 million (100 billion yen) to build a plant in Osaka, Japan, that is expected to bring its cell production to about 75 million a month from its current 25 million cells per month. Sanyo Electric Co has also reportedly announced plans to invest, promising $1.15 billion (125 billion yen) to develop its rechargeable-batteries business over the next three years. That investment is expected to increase cell output to 90 million per month from Sanyo's current 70 million cells per month. All three of the Japan-based companies last year suffered from loses brought on by their battery operations. Sony-made lithium-
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