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Our commitment is to establish a credible and sustainable full range cables supplier in the Indian market, targeting a 10% market share – said Mr. Fabio Romeo, the Prysmian Group’s Chief Commercial Officer, at a meeting with Indian journalists in Mumbai.

The transaction, terms of which were not disclosed, will include copper, aluminium and magnesium powder manufacturing plants and sales offices in Australia, Austria, Bahrain, China, Germany, Slovenia, Switzerland, the UK and the US.

Commodity demand is a measure of the strength of economic development. It is a leading indicator because it shows anticipated demand. Every new apartment building and office block requires kilometers of copper wire. Copper is one of the foundation metals of modern economic development

Southern Copper Corp. ( PCU | Quote | Chart | News | PowerRating) expects to produce about 500,000 metric tons of copper in 2010, following mined output of about 483,376 tons in 2009, a high-level official said. Speaking on a conference call on Tuesday, chief financial officer Genaro Guerrero said the forecast doesn't include any production from the Cananea mine in Mexico, which has been closed due to a labor dispute.

Outotec has agreed with the First Quantum Minerals Limited Projects Office based in Perth, Australia, for the delivery of flotation, thickening and automation technologies for several of its operations around the world. The total value of the contracts exceeds EUR 20 million. These orders include the delivery of 14 units of Outotec TankCell® 300 and 54 smaller TankCell® units for nickel and copper concentrate production for the Kevitsa project, located in northern Finland. This flotation technology delivery complements the earlier agreed supply of Outotec® grinding mills for the same project.

Wire, cable, and wire management products supplier IEWC announced that it plans to expand its international distribution services with the opening of a sales office and stocking facility near Sao Paulo, Brazil.

Nov. 4 (Bloomberg) -- Copper prices may rebound to $4 a pound next year because of recovering economic growth in the U.S. and Europe and a lack of new supply, Southern Copper Corp. Chief Executive Officer Oscar Gonzalez Rocha said.

The company blamed poor lighting sales on the anaemic construction industry in developed countries, and said its gross sales in lighting would grow in the low single digits. But production capacity is being severely underutilised due to low demand, mainly in western Europe. Margins in the company’s lighting division fell to some 4 per cent, well below the 10 per cent margin in the first quarter.Philips also said low consumer demand in western Europe had hit its consumer products revenues. It also noted some impact from the expected spin-off of its television division to Hong Kong-based TPV, which it announced in April. The company will report that the audio-visual and media section of its consumer products division has fallen into the red. An analyst said Philips officers had told him that the spin-off of the TV business had created customer and retailer uncertainty and led to falling TV sales, which also hurt knock-on sales of other audio-visual products.

A Sheriff’s Office in Colorado is investigating the near-fatal electrocution of a Denver-area man while he was allegedly attempting to steal wire from atop a power pole.

The long-term goal of the Building Technologies Office is to reduce energy use by 50%, compared to a 2010 baseline.

Just last week, a report by Swiss bank UBS showed how the linked development of energy storage, solar power and electric vehicles is changing the economics of power generation. UBS predicts that by 2020, a return on investment for an unsubsidized purchase of an electric vehicle, coupled with a rooftop solar installation and battery storage, will drop to just six years in much of Europe. Smart distribution networks would precisely manage the usage and allocation of electricity, allowing for an electric car to be charged at night, for the sun to power a house during daylight hours and for improved batteries to store power for other residential uses. While such news might not be met with cheers in the offices of national grid operators, it shows just how the quest for "The Holy Grail of Energy Storage" is doomed to fail.