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Colin Bennett

Helicopters enlisted to combat copper thieves - 0 views

  • Law-enforcement in the Australian city of Melbourne have availed themselves of infrared-equipped helicopters in an effort to combat rampant theft of copper cables. Fairfax reports that copper theft has become so problematic for the Melbourne metro system that it is impeding the satisfaction of punctuality targets. The Melbourne Metro saw a sharp surges in copper thefts last year, at 41 incidents in total compared to only 15 in 2011. That trend looks set to continue in 2013, with 12 incidents even before the end of January, affecting 30,000 commuters.
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

Nexans exploring possibility of Berk-Tek copper and fiber cable sale - 0 views

  • Following receipt of expressions of interest, Nexans is exploring the possibility of the sale of its Berk-Tek copper and fiber cable activity in the US. Berk-Tek focuses on cables for local area network applications and generates annual sales of approximately $200 million.
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    Nexans announced on 28th September that after having received expressions of interest in its Berk-Tek copper and fibre cable subsidiary, it is "exploring the possibility" of selling it. Berk-Tek manufactures high-performance copper cable from its plants in New Holland, Pennsylvania, and Elm City, North Carolina, and also produces fibre optic cable in Fuquay-Varina, North Carolina. Nexan's statement follows its acquisition of Shandong Yanggu Cables Group of China for around RMB930M in early September.
James Wright

China - Wuxi Lineo to start new 60,000t/y copper wirerod line by October 2012, with add... - 0 views

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    Wuxi Lineo Science and Technology Group began construction of a 60,000t/y copper wirerod mill in Wuxi City, Jiangsu province. Start-up is expected to take place by October 2012. The company will also invest in a second phase expansion project that will involve the addition of another 60,000t/y wirerod production line by November 2014. The plant will be primarily fed with refined copper cathode sourced from Tongling Nonferrous Metals in Anhui province and is designed to serve wirerod to domestic wire and cable producers unless market prices become sufficiently attractive to allow for export. Wuxi Lineo Group is a private enterprise with downstream manufacturing subsidiaries producing cable, hardware, mechanical and electrical products.
Piotr Ortonowski

Macedonia - Kromberg & Shubert begin construction of car cables plant - 0 views

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    German company Kromberg & Shubert has launched the construction of a EUR20.0M(US$26.1M) car cables plant in south-western Macedonia. The construction works, which are performed by Turkish company Pera Construction, are expected to be completed by the end of the year. The plant is located in the Zabeni free industrial zone, near the city of Bitola, and is expected to employ over 2,500 people. Kromberg & Shubert manufactures on-board networks, cables, plastic technology and mechatronics.
James Wright

China - 150,000t/y capacity flat rolled copper and foil joint venture agreed in Jiangxi - 0 views

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    An opening ceremony was held to mark an agreement to build a new 150,000t/y copper semis facility in the Jinchao Economic and Development Zone, Fuzhou City, Jiangxi Province. Construction is expected to commence this month, in September 2012. The operation, which is a joint venture between Hong Kong Huakun International Co. Ltd. and Zheiang Tangmen Metal Structure Co. Ltd., will be capable of producing 100,000t/y of copper flat rolled products and 50,000t/y of copper foil.
James Wright

China - Amer international begins construction of 500,000t/y copper wire and rod plant - 0 views

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    Amer International Group, a Chinese copper products fabricator, announced that it is building a 500,000t/y copper wire and rod plant in Zhangmutou Town, Dongguan City, Gunagdong Province. The facility will have additional capacity to produce 100,000t/y of copper alloy products. The company expects to bring the operation on stream by 2015 and the combined investment cost amounts to RMB11.2B (US$1.8B). Amer currently has an attributable wirerod production capacity of 250,000t/y through its subsidiary's plant situated in the Tongling Economic and Technological Development Zone. The company is targeting a wirerod production capacity of 1.5Mt/y via two further projects.
Piotr Ortonowski

China - Jingcheng Copper suffers from poor utilisation rates at new plant - 0 views

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    Jingcheng Copper stated that it anticipates to make a loss in H1 2012 on low utilisation rates at its recently commissioned 30,000t/y high precision copper sheet and strip plant in Wuhu City, Anhui province, and poor Chinese demand. The company expects profits to be down 70-90% from RMB838M in H1 20122. Jingcheng Copper produced over 83,000t of copper sheet and strip in 2011.
Colin Bennett

China Changsha unveils US$130 billion municipal investment plan - 0 views

  • China is making a second major stimulus push after economic growth slowed to a three-year low of 7.6% in the second quarter. Among them are 66 billion yuan ($10.5 billion) for affordable housing and 26.5 billion yuan ($4.4 bil.) to subsidize sales of energy-efficient appliances. The central bank has also begun loosening bank lending and reserve requirements as inflation has cooled considerably since last year.Other cities have announced plans to subsidize purchase of low-cost housing and efforts to build more and faster roads and railways, push alternative energy, stimulate sales of clean cars, build more hospitals and improve water treatment facilities as part of the stimulus effort.
James Wright

China - Zhengteng Group to start construction of 150,000t/y copper products project in ... - 0 views

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    China's Zhengteng Group, based in Guangdong province, will begin construction of a 150,000t/y copper products project in H2 2012. The operation will produce oxygen-free copper wirerod, copper busbars, tubes and wires beginning in H2 2012 from a facility located in Yushan County, Shangrao City in Jiangxi province. Investment capital for the project is expected to total RMB 1.5B.
Colin Bennett

Singapore, the fourth mining hub - 0 views

  • The Singapore Mining Club was launched on Wednesday March 19, as the city-state took another step in its plans to surpass Sydney, Toronto and London as a global mining hub.
Colin Bennett

Rapid urbanisation calls for all-new auto industry business models - 0 views

  • Daimler and BMW – and, to a lesser extent, Volkswagen, Nissan, Renault and Ford – are already ahead of the game in recognising that it will now be sustainable for increasing numbers of single occupancy cars to pour into already congested cities on a daily basis as they do now. BMW's alternative powertrain sub-brand, i – due to be launched later this year – addresses this with a full suite of mobility options, and while Daimler has not formed a separate division in which to wrap the work it is doing, it is starting to move well beyond the traditional role of car manufacturer andretailer.
Colin Bennett

120 kW supercharger by Tesla Motors - 0 views

  • Tesla Superchargers allow Model S owners to travel for free between cities along well-traveled highways in North America. Superchargers provide half a charge in about 20 minutes and are strategically placed to allow owners to drive from station to station with minimal stops.
Colin Bennett

HVDC Electricity Transmission Technology Growth to 2020 - 0 views

  • According to the report, approximately 333 gigawatts (GW) of new HVDC transmission capacity will be added between 2013 and 2020.  For comparison, peak demand in the United States is estimated to be approximately 800 GW in 2013.  In China alone, nearly 200 GW of new HVDC transmission capacity is planned for build-out over the next 8 years.  Energy from hydroelectric generation in distant inland locations will be tapped and transported to power big cities along the eastern and southern coast.
Colin Bennett

Over 29,000 new aircraft required in the next 20 years  - 0 views

  • As aviation becomes increasingly accessible in all parts of the world, future Journeys will increasingly be made by air particularly to and from emerging markets. According to Airbus’ latest Global Market Forecast (GMF) in the next 20 years (2013-2032), air traffic will grow at 4.7 per cent annually requiring over 29,220 new passenger and freighter aircraft valued at nearly US$4.4 trillion. Some 28,350 of these are passenger aircraft valued at US$4.1 trillion. Of these, some 10,400 will replace existing aircraft with more efficient ones. With today’s fleet of 17,740 aircraft, it means that by 2032, the worldwide fleet will double to nearly 36,560 aircraft. Economic growth, growing middle classes, affordability, ease of travel, urbanisation, tourism, and migration are some factors increasing connectivity between people and regions and how often they travel. Increasing urbanisation will lead to a doubling of mega cities from 42 today to 89 by 2032, and 99 per cent of the world’s long-haul traffic will be between or through these.
Colin Bennett

World Bank targets $9 million for energy efficiency in developing nations - 0 views

  • The World Bank has announced a new initiative to help cities in developing countries integrate energy efficiency into their strategic planning and operations, in order to improve public services, lessen pressure on municipal budgets, and reduce pollution and greenhouse gas (GHG) emissions.
Colin Bennett

Impact of Urbanisation on the Electricity Sector - 0 views

  • To sustain the economic growth momentum in cities, supply of reliable and stable power is critical. The way electricity is produced, stored, managed, and applied is likely to undergo several challenges due to technological advancements, changing demand patterns, and consumers' awareness level
Colin Bennett

A year's extraction of metal shown in graphics - 0 views

  • This is why visualization can be such a powerful tool.
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