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Colin Bennett

Rio, BHP very close to develop U.S. largest copper mine - 0 views

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    "According to Arizona Republic the bill -set to be passed before the end of the year- would allow Rio to acquire 2,400 acres of the federally protected Tonto National Forest in southeast Arizona in exchange for 5,000 acres in parcels scattered around the state."
Colin Bennett

Downing St backs Afghan mining projects - 0 views

  • Afghan Gold and Minerals – backed by City of London banker Ian Hannam, former BHP chief executive Chip Goodyear and Jan Kulczyk, the Polish billionaire – also emerged in December as the preferred bidder for the Balkbab copper exploration licence close to Kabul, which is one of three gold and copper exploration licences put out for tender.
Colin Bennett

Car-making will drive innovation in aluminum - 0 views

  • Auto manufacturers have ambitious sustainability targets in addition to the desire to reduce carbon dioxide emissions. They want to know they are sourcing the most sustainable products for today’s green consumer. This means that the aluminium industry must, for example, learn how to increase the recycled content in automotive alloys to help car companies meet their own recycling objectives. Buying-back the offcuts from the automakers’ sheet metal stamping process is one key way of closing the recycling loop.
Matthew Wonnacott

Flat-rolled production slows during Chinese New Year - 0 views

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    A recent survey by the Shanghai Metals Market of 21 major Chinese copper plate, sheet, strip and foil producers, with a total capacity of 966,200t/y, showed that operating rates in February fell to 42%, as factories shut for the Chinese New Year holiday. Copper flat-rolled producers closed facilities as migrant workers returned to their homes and did not come back to work until after the lantern festival in late February. Survey participants were reporting better levels of demand post holiday as end-users such as the automotive industry and the lithium ion battery industry increased production. Survey participants expect utilisation to increase to around 60% in March.
Colin Bennett

RUSAL and CHALCO to deepen cooperation in aluminium business - 0 views

  • RUSAL's clear advantages in aluminium industry technologies and hydro power resources are evident. Both parties will work closely together on various levels in the aluminium sector by complementing each other's advantages, thereby contributing to the sound development of the global aluminium industry.'
Matthew Wonnacott

Furukawa to consolidate sheet and strip business - 0 views

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    Furukawa Electric Co, the Japanese maker of wire, cable and copper semis announced on 15th April that it will consolidate its copper plate and strip business at its Nikko Offices. Company President Mitsuyoshi Shibata indicated that the company was taking contingencies for 10% drop in demand for copper sheets and strips, including consolidating finishing mills and casting lines. The company is in the midst of a large restructuring taking steps including closing its magnet wires business and off-shoring copper foil production to Taiwan.
Colin Bennett

Southwire prepared for possible closure of Century's Kentucky smelter - 0 views

  • The producer of wire and cable for the electrical transmission industry will continue to make aluminium rod from its own Hawesville operations even if the California-based aluminium producer, which supplies Southwire with molten aluminium, closes its smelter this summer.
Matthew Wonnacott

Furukawa Electric relocates copper foil production to Taiwan - 0 views

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    Fujikura Ltd, the Japanese wire and cable manufacturer, announced on 4th February that it will cut 300 staff as part of an effort to restructure its business units. The company said it will reorganise its business into three units; energies/telecoms, electronics and automotive electronic components. The company also said that it will seek to consolidate its Japanese business in 2013 by cutting staff, whilst reinforcing its automotive components businesses and growing its overseas businesses. Fujikura Ltd announced that it is revising down its estimates for 2012 operating revenue by JPY1B (USD10.8M) to JPY7B(USD75.5M).
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    Furukawa Electric Co. announced recently that it has closed its Tochigi-based Imaichi No.1 copper foil plant. The operation, which had been producing electrolytic copper foil for use in circuit boards in the electronics industry, will be moved to Taiwan to reduce costs. The company cited reduced profitability and rising electricity prices as reasons for the decision. The company also announced it will shut most of its operations at its Imaichi No. 2 plant by the end of September.
Colin Bennett

Overhead power lines removed and replaced with underground cables, restoring beauty of ... - 0 views

  • The works are being funded through a regulatory backed initiative to enhance landscapes in recognized Areas of Outstanding Natural Beauty (AONBs) and National Parks by removing electrical infrastructure like overhead lines and supporting poles. WPD has worked closely with steering groups made up with representatives from various AONBs and National Parks to identify suitable sites for consideration.
Colin Bennett

Alcoa Names 2012 Top North American Scrap Suppliers - 0 views

  • “Working closely with suppliers and recognizing their efforts to deliver high-quality scrap in a safe and reliable manner continues to be an important component of our overall plan to continue to grow the usage of scrap into our locations,”
Colin Bennett

Urban world of 2025: Cities and the rise of the consuming class - 0 views

  • Global Institute, Urban world: Cities and the rise of the consuming class, finds that the 600 cities making the largest contribution to a higher global GDP—the City 600—will generate nearly 65 percent of world economic growth by 2025. However, the most dramatic story within the City 600 involves just over 440 cities in emerging economies (242 cities will be in China); by 2025, the Emerging 440 will account for close to half of overall growth. One billion people will enter the global consuming class by 2025. They will have incomes high enough to classify them as significant consumers of goods and services, and around 600 million of them will live in the Emerging 440.
Piotr Ortonowski

Germany - Aurubis sustains high output and looks to expand - 0 views

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    According to reports, Aurubis, Europe's leading copper semis fabricator, is successfully maintaining high levels of output and is looking for takeover opportunities despite the current economic turmoil in the eurozone. The company sees current global demand for copper as strong and does not expect it to weaken in the coming months. It has been speculated that Aurubis may acquire assets in Asia and/or South America in the near term. Nevertheless, the company announced last week that it plans to close some its flat rolled copper operations in Finspång, Sweden due to overcapacity.
Colin Bennett

Siemens Announces Q4 FY 2011 Earnings: Strong End to an Excellent Year - 1 views

  • With our new organization into four Sectors we have aligned our business even more closely with our customers.
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