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Colin Bennett

China Steel to triple production with new $92m plant : thewest.com.au - 0 views

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    China Steel Australia plans to at least triple its nickel pig iron production capacity through a $92 million expansion of its Linyi plant in China's Shandong Province. The company, which services the domestic Chinese market, today announced that fixed price building contracts had been signed for the plant expansion, with production scheduled to commence in January, 2009.
Colin Bennett

China plans to find oil, mineral reserves - People's Daily Online - 0 views

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    The search is on for domestic reserves of key resources, such as iron ore and crude oil, to reduce dependence on imports, according to a government plan
Colin Bennett

Regulator clears Chinalco stake in Rio Tinto - 0 views

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    Australia's competition regulator has cleared Chinalco's planned $19.5bn investment in Rio Tinto, ruling that the transaction was unlikely to "unilaterally decrease global iron ore prices below competitive levels".
Colin Bennett

Govt mulls 10% cess on minerals' royalty - 1 views

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    The government is considering levying up to 10 per cent cess on royalty charged on minerals like iron ore, copper and lead that would be used to promote scientific mining practices - an idea opposed by the mining industry.
Colin Bennett

Hunt for sea minerals drives Indian navy - 0 views

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    According to the Goa-based National Institute of Oceanography, India has surveyed an area of nearly 4m sq km in the central Indian Ocean basin that has led to findings of "significant commercial grades" of copper, nickel, iron and cobalt deposits.
Colin Bennett

Rio Tinto says demand strong for iron, copper ores - 0 views

  • (AP) — LONDON - Anglo-Australian mining company Rio Tinto PLC said Thursday that demand for iron ore, copper and gold rose strongly in the fourth quarter, but was cautious about the current year as governments wind down economic stimulus programs.
Colin Bennett

Significantly more efficient copper extraction with hydrogen peroxide - 0 views

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    "The use of hydrogen peroxide can solve an old mining problem while significantly increasing the amount of copper extracted from the ore. Certain impurities such as iron sulfides (which include pyrite) have been difficult to remove until now. A new technology based on hydrogen peroxide now offers a solution. Using a small copper and gold mine in Australia as an example, Evonik developers have demonstrated that the technology works on an industrial scale and can increase the copper yield by roughly ten percent."
Colin Bennett

Aluminium: Shock and ore - 1 views

  • While markets such as copper or iron ore have been revolutionised by Chinese demand, in aluminium the revolution has been the astonishing growth of Chinese production. A relatively minor producer of 2.8m tonnes in 2000, it is now the market’s dominant force, with 17.8m tonnes of output last year, or 40 per cent of the world total, according to the International Aluminium Institute. The country in theory faces one hurdle. “Aluminium production is energy-intensive, and China is at a competitive disadvantage in terms of electric power supplies,” Mr Albanese wrote in 2007, arguing that this would lead to higher prices.
Colin Bennett

Indian companies face year of slow recovery - 0 views

  • But signs of a broader recovery are harder to spot in sectors such as automotive, where carmakers are cutting back output in the face of dismal sales figures, the latest of which this week saw the market contract by about a quarter during February compared with the year before. Such reductions are, in turn, having a knock-on effect in sectors including steel, with large producers such as Tata Steel and Steel Authority of India, the nation’s two largest by sales, unveiling unexpectedly disappointing results during the past quarter. Tuesday’s data also showed further declines for companies in the country’s battered extractive industries, where recent production bans in big mining states have forced operations at companies such as the iron ore arm of London-listed Vedanta Resources to all but stop completely, pending legal reviews.
Colin Bennett

A new path to loss-free electricity - 0 views

  • Using advanced electron diffraction techniques, the scientists discovered that orbital fluctuations in iron-based compounds induce strongly coupled polarizations that can enhance electron pairing—the essential mechanism behind superconductivity.
Colin Bennett

Another OEM Pulls Out From Down-Under - 1 views

  • Quite ironically, at the dawn of celebrating 100 years since the end of the industrial revolution in Australia, the country is now in what is feared to be the final chapter of its manufacturing era. The automotive assembly industry in Australia has played a key role in transforming the nation into the developed nation that it is today.
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    Demand impact in the geography
Colin Bennett

Indonesia plans 63 processing plants by 2017 - 0 views

  • Indonesia wants to have 63 processing and refining plants for minerals such as copper, lead, bauxite, iron, nickel and manganese by 2017, a senior government official said.
Colin Bennett

Nearly 40 New Advanced Energy Storage Projects Kicked Off in the First Half of 2013 - 0 views

  • New technologies, including capacitor battery technology, lithium titanate oxide, nickel-iron, and solar thermal, are swelling the pipeline of advanced energy storage projects.
Colin Bennett

Video: David Cameron could take some lessons from us, says Rio Tinto chief - 0 views

  • "You can map out a picture of at least a decade of strong growth for emerging nations," he says. "At Rio Tinto, whether it's iron ore, copper, aluminium, uranium, coal or a number of industrial minerals including diamonds, I think it's a pretty good story."
Colin Bennett

FT.com / Companies / Mining - Rio eyes Africa with Riversdale approach - 0 views

  • Rio has gained an earlybird advantage in two mining frontiers, west Africa and Mongolia, where it is building iron ore and copper mines that should serve the market for decades.
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