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Colin Bennett

Copper market case study from BME - 0 views

  • The mathematical modelling of metals prices is a useful tool for the mining and investment communities by helping to explain market performance. As a service to Mining Journal readers, we provide here an explanation of Bloomsbury Minerals Economics Ltd's model for copper.London-based BME models metals prices with reference to three 'fundamental' forces: stocks of the metal, economic growth (or specific metal demand) and performance of the US dollar. The models have progressed from dealing with commodities as industrial raw materials to dealing with them as a hybrid physical-investment market.BME is this year introducing the influence of investment/disinvestment on the market, and on ways of better understanding investor flows. 
Colin Bennett

Unplugged: Goodbye cables, hello energy beams - 0 views

  • With this new impetus, engineers and start-up companies have jumped at the challenge, and while beamed power is still in its infancy, three viable options seem to be emerging. The use of radio waves to transmit electricity is perhaps the most obvious solution, since you can in principle use the same kinds of transmitters and receivers used in Wi-Fi communication. Powercast, based in Pittsburgh, Pennsylvania, has recently used this technology to transmit microwatts and milliwatts of power over at least 15 metres to industrial sensors. They believe a similar approach could one day be used to recharge small devices like remote controls, alarm clocks and even cellphones. A second possibility, for more power-hungry devices, is to fire a finely focused infrared laser beam at a photovoltaic cell, which converts the beam back to electrical energy. It's an approach PowerBeam has adopted, but so far its efficiency is only between 15 and 30 per cent. While that could serve more power-hungry appliances, it would in practice be too wasteful. The technology has been used to power wireless lamps, speakers and electronic photo frames that require less than 10 watts to function. Over time, as both the lasers and photovoltaic cells improve, the company hopes efficiencies of up to 50 per cent will be possible. "There's no reason we couldn't power a laptop eventually," says Graham. Unlike some other possible techniques, a sharply focused beam loses minimal energy over large distances, preserving its efficiency: "A hundred metres is no big deal."
Panos Kotseras

China - Unwrought copper and copper semis imports down by 20.9% m-o-m in January - 0 views

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    According to data released by the General Administration of Customs, Chinese imports of unwrought copper and copper semi-finished products declined by 20.9% m-o-m to 292,096 tonnes in January. It was reported that traders turned to material in bonded warehouses to satisfy local demand. The figure was far lower than earlier expectations and reversed December's rise, which amounted to 27% m-o-m.
Panos Kotseras

China - Refined copper imports down by 19% m-o-m in January - 0 views

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    Chinese imports of refined copper fell by 19% m-o-m to 196,926 tonnes in January 2010, in line with earlier expectations of industry participants. However, the figure rose by 9% from January 2009. Despite the recent liquidity tightening in China, signals still show robust copper demand growth.
Hans De Keulenaer

Cable Assembly and Wire Harness New Product Introductions - 0 views

  • February 2010—Siemon now offers 40+Gb/s SFF-8470 4X Passive Copper cabling products. These SFF-8470 copper cable assemblies support high-speed interconnect applications such as high-performance computing (HPC), enterprise networking, and network storage systems. The low latency assemblies support data transfer rates from 2.5Gb/s to 10+ Gb/s per lane. Siemon’s 8470 cable assemblies feature a shielded wafer construction in which the signal conductors are directly attached to the connector’s contacts, eliminating a printed circuit board and enhancing noise-resistance to maximize signal integrity. The twin-axial shielded cable conductors are laser-welded, reducing cross-talk and jitter to support 10+Gb/s data rates. SFF-8470 die cast back shells and latches are interoperable with all compliant interfaces. The 8470 product supports a wide array of data protocols and interfaces, including InfiniBand SDR, DDR, and QDR, Ethernet 10GBaseCX4, and 40GBaseCR4. These cables also support FibreChannel, RapidIO, Myrinet, SAS, SATA, Aurora, VITA VXS, and XAUI/XAUI-2 IO interface links, as well as SONET/SDH. Product options include 24 to 30 wire gauges and various assembly lengths.
Panos Kotseras

China - The copper market - 0 views

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    According to Antaike, Chinese refined copper production in November amounted to 405,257t. For the 11 months to November the figure was 3,778,095t, an increase of 8% y-o-y. Chinese copper semis production in November reached 221,091t; for the year to November copper semis output totalled 2,432,149t, up by 17% compared with the same period in 2008. In addition, the customs office reported that refined copper imports in November increased by 15% m-o-m to 194,388t.
Panos Kotseras

Japan - November copper data - 0 views

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    According to data released by the Japan Copper and Brass Association, output of rolled copper products in November totalled 69,132t, up by 2.1% m-o-m and 0.8% y-o-y. From a y-o-y perspective, it was the first increase in 16 months, supported by improved demand from the semiconductor and automotive industries. In addition, the Japanese Electric Wire and Cable Makers' Association reported that copper wire and cable shipments in November were 58,700t; the figure was down by 0.1% m-o-m and 7.7% y-o-y. It was reported that even though the automotive industry has shown some recovery signs, demand from the construction sector was still slow.
Panos Kotseras

Italy - Copper semis output - 0 views

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    According to Assomet, Italian copper and alloy semis output in 2009 will amount to 900,000-910,000 tonnes, down from earlier forecasts. Production in 2008 totalled 1.19 million tonnes. The association said that 2010 may see a slight recovery with output levels around 920,000-930,000 tonnes. Assomet had anticipated that copper and alloy semis output in 2009 and 2010 would reach 923,600 tonnes and 968,300 respectively. However, the association reviewed its forecasts after weaker-than-expected output in H2 2009. It was reported that for the nine months to September, copper and alloy semis output fell by 25.8% y-o-y to 685,000 tonnes.
Panos Kotseras

Italy - Prysmian confident for Draka deal - 0 views

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    Prysmian said that if it proceeds with the takeover of Draka, it has no plan to dual-list its shares in Amsterdam. The Italian cable maker aims to take full control of Draka and de-list the Dutch company. Prysmian also commented that a return of Chinese Xinmao is highly improbable and expects that no other cable maker will make a bid as it is very late in the process.
Panos Kotseras

Italy - Prysmian awarded offshore wind farm cable project in the North Sea - 0 views

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    Prysmian announced that it has been awarded a project worth more than €250ml by the Dutch-German grid operator TenneT in order to link the offshore wind park DanTysk in the North Sea to the German Grid. Prysmian said that the interconnection comprises of HVDC subsea and land cable types at a voltage of 320 kV DC along a 159 km sea route and then a 45 km land route. The cables and accessories will be manufactured from 2012 onwards at Prysmian's HV factories in Europe.
Panos Kotseras

Japan - Rolled copper products output up by 2.1% y-o-y in December 2010 - 0 views

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    According to data released by the Japan Copper and Brass Association, Japan's output of rolled copper products advanced by 2.1% y-o-y to 69,300t in December 2010. However, the figure represented a 4.5% decline from the previous month. In addition, the y-o-y growth in December was weaker compared with 5.4% in November and 7.5% in October. It was commented that despite some positive signs of a pickup in the Japanese economy, deflationary pressures and a subdued construction sector keep the demand outlook uncertain.
Piotr Ortonowski

Japan - Yokowo builds wiring harness plant in Vietnam - 0 views

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    Japanese Yokowo plans to construct a US$12.3M wiring harness and automotive communication equipment factory outside of Hanoi, Vietnam. Operations at the 10,000 sq. m plant are due to commence in August 2012. The move to Vietnam will allow Yokowo to diversify geographical risk, benefit from lower labour costs, form links with Vietnam's growing automotive sector, and utilise advantageous trade agreements between Vietnam and the US.
Glycon Garcia

North American Windpower: Content / FYI / CommScope To Supply Two Wind Projects With Co... - 1 views

  • CommScope Inc., a provider of infrastructure solutions for communications networks, will supply two wind farm projects with its GroundSmart Copper Clad Steel solution, an alternative to solid and stranded copper. The first project is the 200 MW Breckenridge wind farm, located outside Breckenridge, Mich. The 30,000-acre wind farm will use stranded copper clad steel in the ground grid collector system. The project is estimated to produce 200 MW.
Colin Bennett

PAETEC Successfully Provisions Ethernet-over-Copper Services Exceeding 200 Mbps - 0 views

  • PAETEC Holding Corp. /quotes/zigman/105195/quotes/nls/paet PAET +5.36% , a national competitive provider of communications solutions, today announced that it has successfully provisioned high-rate Ethernet services in excess of 200 megabits per second (Mbps) via its advanced Ethernet-over-Copper (EoC) network
James Wright

China - Changzhou Jinyuan Copper increases wire capacity to 30,000 tonnes - 0 views

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    Changzhou Jinyuan Copper, invested in by JX Nippon Mining & Metals, said it plans to increase wire drawing capacity to 30,000 tonnes per year in 2012 from 18,000 tonnes. The announcement follows an expansion of its wirerod production facility which increased capacity to 300,000t/y in May 2010. The company currently manufactures copper wire to 1.13-3.5mm diameter from 8mm wirerod and sells all of its 1.13-2.6 millimetre range to the domestic market. The focus of the firm is supplying high quality products needed for winding wire used in vehicles. 60-70% of its domestic shipments are for winding wire, 20-25% are for power cable with the remainder comprised of communication cables. Changzhou Jinyuan Copper output 221,000t of 8mm copper wirerod in 2010 and 134,500t in H1 2011.
Piotr Ortonowski

Japan - SWCC Showa establishes JV with Fortis Group - 0 views

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    SWCC Showa Holdings Co., Ltd. announced it has established Hangzhou Fortis Showa Wire Materials Research & Development Co., Ltd., a fifty-fifty joint venture subsidiary for analyzing materials with Fortis Group Co., Ltd., a leading manufacturer of communication cables in China. The subsidiary will be employed to locally procure raw materials for copper wirerod and cable for use in photovoltaic systems they will manufacture in China. It aims to strengthen cost competitiveness whilst also securing quality.
Panos Kotseras

Japan - Copper wire & cable shipments fell by 17% y-o-y in September - 0 views

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    According to data released by the Japanese Electric Wire and Cable Makers' Association, Japanese copper wire and cable offtake in September contracted by 17% y-o-y, the 12th sequential monthly decrease. Shipments in September amounted to an estimated 57,800t, a 14% m-o-m increase. The copper wire and cable sales forecast for FY2009 has been revised down to 648,000t compared to an earlier projection of 705,000t.
Panos Kotseras

Japan - Copper semis output fell by 17% y-o-y in September - 0 views

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    The Japan Copper and Brass Association said that copper semis output in Japan fell by 17% y-o-y to 66,145t in September. But from a m-o-m perspective, September rose by 5%, the sixth consecutive monthly improvement. It was reported that even though it was the 14th y-o-y decline, the decrease narrowed supported by the pick up in demand from the semiconductor, automobile and electronics industries. It is expected that demand in FY2009 will amount to 713,930t; that will be the lowest level since FY1975 and will represent an 11% contraction compared with FY2008.
Panos Kotseras

USA - Bank of America sees copper consumption growth - 0 views

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    Bank of America-Merrill Lynch is expecting that the world ex-China has potential for copper demand growth too. As a result, it revised up its copper price forecast for 2010 to US$7,125/t. This represents a 1.8% increase compared to its earlier anticipation. Its forecast for the current year is revised up by 5.6% to US$5,137/t.
Panos Kotseras

UAE - Ducab is planning a JV cable project - 0 views

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    Ducab is planning a US$136.1 million project to help expand public sector electricity networks. The project is a JV with Dubai's Water and Electricity Authority (DEWA) and Abu Dhabi's Water and Electricity Authority (ADWEA). It is located in the Jebel Ali area and aims to supply DEWA and ADWEA with high voltage cables. According to company plans, one third of its output will be exported to Gulf states. It is expected that production will start in 12 months.
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