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Colin Bennett

Aluminium buckles under weight of supply pressure - 1 views

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    Mr Kloppers can afford to dislike aluminium; the majority of his profits come from iron ore, oil and coal. But for the rest of the industry, his comments have sparked a debate: after a decade of sub-par profitability, is it still worth investing in aluminium?
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Lonmin, miners shine in steady London - 0 views

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    LONDON (MarketWatch) -- Lonmin shares surged on Wednesday after Swiss rival Xstrata launched an unsolicited $10 billion takeover bid for the platinum producer, with the move sparking gains across the entire London-listed mining sector. Lonmin (UK:LMI: news, chart, profile) shares traded 46.9% higher at 34.06 pounds, above the 33 pounds a share that Xstrata said it's prepared to pay to take control of the platinum producer in order to boost its own production of the metal.
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Miners, banks pace retreat in Europe - 0 views

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    The pan-European Dow Jones Stoxx 600 index (ST:SXXP: news, chart, profile) ended 0.9% lower to 277.59, with markets missing an upturn in the U.S. when crude-oil prices fell sharply. The metals sector was in full retreat as platinum futures tumbled for a second session amid worries about global auto sales, sparked by the $15.5 billion loss from General Motors, BMW's profit warning and weak July sales in the U.S. Copper futures also fell sharply, and copper miners had a difficult session. Kazakhmys (UK:KAZ: news, chart, profile) shares fell 9.5%, Xstrata (UK:XTA: news, chart, profile) shares fell 5.9% and Boliden (SE:BOL: news, chart, profile) lost 5.4%.
Colin Bennett

Prices spark demolition groups' scrap - 0 views

  • The spike in global demand for industrial metals has sparked a fierce battle among UK demolition companies as they vie to remove scrap metal from condemned buildings.
Colin Bennett

Boeing Dreamliner 787 and Lithium-ion Batteries - 0 views

  • Boeing Dreamliner 787, an aircraft that was considered as a preferred choice for civil aviation almost a week back. But, the recent fire in this Dreamliner series has sparked many questions on the process of assembling and constructing an aircraft through advanced technology. Nearly 50 Boeing 787 Dreamliner aircraft are in operation across the World, the recent fire has raised lot of speculation and doubts on the performance of lithium-ion batteries in automotive and industrial applications. This incident has opened a new page in the lithium-ion battery space, to rethink about the safety of this battery when used in higher capacities of KW and MW scale.
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    Source: Frost & Sullivan
Colin Bennett

Hybrid and Plug-in Electric Vehicles Will Reach Nearly 7% of the Worldwide Light Duty V... - 0 views

  • While hybrid vehicles (which pair a conventional internal combustion engine with an electric motor) have become an established segment of the overall automotive market, the limited availability of plug-in electric vehicles (PEVs) – including plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) – has inhibited sales growth in a number of major markets.  Major automakers including Honda, Volkswagen, Hyundai, and others will be launching PEVs in a large number of countries over the next 2 years, however, adding to the list of available models, sparking increased consumer interest, and accelerating sales opportunities.
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