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BHP warns over sustainability of demand for raw materials - 0 views

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    "BHP warns over sustainability of demand for raw materials BHP Billiton, the miner that sells 19 different commodities from...materials had returned.In its quarterly production report, BHP noted that China, the driver of the rally in metals prices...offset this, such a sequence of events should not be expected, BHP said.It added: "In spite of the low metals inventories in... Oct 22 2009, By William MacNamara in London and Peter Smith in Sydney, Financial Times"
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Carbon-free copper smelting technology - 0 views

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    "Recently, carbon-free copper smelting technology, a technology with full independent intellectual property rights, has passed expert examination organized by China Nonferrous Metals Industry Association (CNIA) in Dongying, Shandong province. It is the first time zero-carbon emissions in the copper melting process has been realized and also opens a new gate for low-carbon development of China's nonferrous Metals industry."
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Second-hand (metal) law to help combat stolen copper cable trade - 0 views

  • The new Act does not allow scrap metal dealers to have in their possession any apparatus which could be used for the recycling of any controlled metal or any article or substance containing any controlled metal, Bezuidenhout said at the Copper Cable Theft conference, in Johannesburg.
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China to Restart Copper Recycling Tax Rebate, Metals Group Says - 1 views

  • A 40 percent rebate on the 17 percent value-added tax has been approved by the finance ministry and will be announced in the first half, said Li Shilong, Vice President of the China Nonferrous Metals Industry Association’s recycling Metal branch, citing talks with the government.
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Aluminum gains industrial lustre - 0 views

  • It says that demand for aluminium cable, especially in the power industry, is already rising and “certain to increase in the coming years” – at the expense of copper. “There will be substitution, and it will have an impact on the market,” said Christophe Allain, the company’s corporate purchasing director for non ferrous metals, addressing the Cesco copper conference in Chile earlier this year. “We have customers who in the past thought the cost differential between the two metals would not be sustainable [and so stuck with copper]. But now they ask directly for an aluminium cable design.” This is not Nexans necessarily talking its book – the company manufactures both copper and aluminium cable. One area where substitution is likely to increasingly occur is in car wiring. Industrial copper cabling could be switched to aluminium in the railway, aeronautics and wind farm sectors. But the biggest threat to copper is in the power sector.
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Metal recycler says it's boom time for scraps - 1 views

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    "Metal recycler says it's boom time for scraps"
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The geopolitics of metals and metalloids used for the renewable energy transition - Sci... - 4 views

  • This study examines the geopolitical role of 14 metals and metalloids needed for renewable energy technologies. The analysis focuses on three factors with potential geopolitical importance: the geographic concentration of resources, potential revenues of resources rich countries and the size of total global markets.
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    This paper (open-access) looks at the future needs for 14 metals, including copper, in the context of the energy transition. Coming from a credible source, the paper presents a balanced and reasonably complete perspective adding a new geopolitical element. For the latter, the Herfindahl-Hirschman index, well known from competition policy, is introduced, and 14 metals are compared to the geopolitics of oil. Interesting as well is the discussion what mineral revenues mean for producer countries.
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Tongling Nonferrous Metals aims to become China's largest smelter - 0 views

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    SMS Meer of Germany announced on 8th November that it had received an order from Tongling Nonferrous Metals Group for a CONTIROD casting and rolling plant for the production of copper wirerod. The new wirerod line can produces 225,000t/y of copper wirerod from cathode. The news follows an announcement from Tongling Nonferrous Metals that it is planning to expand production in its smelting division to become China's largest copper smelter. The company, which produces copper cathode as well as end products such as semis and rod, said it is planning to raise smelting output by 400,000t/y. This is equivalent to 50% of production and would take total output to 1.2Mt/y, overtaking China's current largest smelter Jiangxi Copper.
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Hitachi Cables to merge with Hitachi Metals - 0 views

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    As part of ongoing restructuring efforts, Japanese wire and cable maker Hitachi Cables, which focuses on the areas of electricity and information transmission, announced on 13th November that it will merge with sister company Hitachi Metals. Hitachi Metals manufactures functional materials in the automobiles, electronics and industrial infrastructure sectors according to a joint statement. The merged company will concentrate on "producing synergies" and expanding overseas sales, concentrating on "industrial and information infrastructure and automobile and electronics-related industries". The Hitachi Group as a whole has a target of generating 50% of sales outside of Japan, a figure which Hitachi Cables has yet to reach.
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Alcoa Named Aluminum Industry Leader for 2013 - 0 views

  • Alcoa (NYSE:AA) was presented with the Industry Leadership Award for Aluminum at the inaugural Platts Global Metals Awards, sponsored by Platts, a leading global provider of energy, petrochemical and Metals information. Alcoa was recognized for taking decisive action resulting in a substantial transformation or change of direction in the aluminum industry.
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Metal Theft Prevention Act Markup Scheduled in Senate - 0 views

  • The Senate Judiciary Committee will hold a markup on Thursday, June 6, for the Metal Theft Prevention Act, a multi-faceted bill that would make it more difficult for thieves to sell their Metal at scrap yards. This bill would supplement existing state laws against stealing copper but would not supersede them.
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Hebei Dawufeng Copper temporarily suspends wirerod production - 0 views

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    Xinxing Zhunguan, a Zhejiang-based manufacturer of copper wirerod, plans to increase production at its facility to 165,000t in 2013, up by 10% from 150,000t in 2012. Despite low profitability at Chinese wirerod producers, an official at the company said Xinxing Zhunguan still plans to increase output in 2013 in order to enhance competitiveness. The company said it expects orders to be subdued in the run up to the Chinese Lunar New Year, but then expects a strong rebound after the holiday period. This is consistent with another report on 11th January from Reuters which cited several Chinese copper traders as expecting the period between now and the holiday to be quiet, followed by a strong rebound.
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    Jiangsu Jiangrun Copper Co. Ltd, a large Chinese copper wirerod producer, is planning to increase production of copper wirerod to 500,000t in 2013, up from 280,000t in 2012, according to an official from the company. The official said copper wirerod demand was weak in 2012, and that the company's output fell by 68,000t from 2011. The official said Jiangsu Jiangrun has invested in a new copper wirerod project which will come online from June 2013, giving the company another 350,000t/y of capacity, which will take total capacity to 750,000t/y.
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    According to a survey from Asian Metal, Chinese wirerod capacity is expected to expand by 2.78Mt in 2013. Data published with the report showed that 570,000t of new wirerod production capacity will come online in Q1, followed by another 500,000t in Q2. By the end of the year this will be joined by another 1.71Mt of production capacity. The report cited Chinese local governments' desire to expand GDP growth, as well as the intention of individual companies to grow large enough to list on stock exchanges, as reasons for the rapid expansion in capacity.
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    Anhui Xinke New Material Co. will start production at a new 150,000t/y copper wirerod plant in March, according to an official from the company. The source said that the company is currently in the process of testing the equipment and producing wirerod in small quantities at the site. The official said that since starting construction of the project in November 2011, wirerod demand had become "sluggish" and that processing fees for turning cathode into wirerod had declined. In 2013, the company plans to produce 100,000t of copper wirerod after shutting its old production line which could produce 35,000t/y in early February.
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    Anhui Xinke, the Anhui-based manufacturer of copper wirerod, will put its new 150,000t/y wirerod plant into operation on 1st April, according to a source from the company. The company has invested RMB1.2B (US$191M) in the facility which will operate alongside its existing 35,000t/y facility. The company said that it produced 4,500t of copper wirerod in March, up from 2,500t in February. However, the source said that wirerod trading had slowed down and that it was harder to conclude deals at the moment.
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    According to an official from Chinalco Kunming Copper Co., the Chinese wirerod manufacturer, the company produced 10,000t of copper wirerod in March, up from 7,000t in February. The official said that March's output of wirerod had risen because of a week-long shutdown in February for the Chinese New Year. However, output had still fallen short of the company's 13,000t target. Chinalco Kunming plans to produce 150,000t of wirerod in 2013, utilising around 68% of its 220,000t/y capacity. According to a report from Asian Metal, the company has recently settled its long-term charges for processing 8.0mm wirerod at RMB1,150/t (US$183/t).
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    Wirerod production at Hebei Dawufeng Copper has been temporarily suspended since early April in order to carry out maintenance. The company elected to halt production for a month in order to carry out equipment maintenance, owing to the currently sluggish wirerod market. Production at the plant, which has a wirerod production capacity of 100,000 t/y is scheduled to re-start in early May.
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Luvata metals sales VP: Rising premiums not logical in the current market - 0 views

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    In an interview during the annual CESCO week, Luvata's VP of metals sales Ian Scarlett said that the current warehousing activities are causing distortions to the LME's function as a market of last resort. The VP said he would like to see premiums reflect current market conditions and that some market players could distort the system, adding that the "copper value chain is broken." Mr Scarlett said that it is "not logical" for premiums to be rising during this current period of an increasing market surplus.
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India - Airen Metals to build 10,000t/y wirerod plant - 1 views

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    Airen Metals announced plans to develop a 10,000t/y copper wirerod plant in the Shree Khatushyamji Industrial Area in Rajasthan. The project is expected to be commissioned in December 2013.
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Metals demand and Chinese labour shortage - 0 views

  • Energy demand will outpace metals demand in China as a labour shortage begins to set in, analysts at BCA Research have said.
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Italy - Italian copper and copper alloy products output down by 5.4% y-o-y in 2011 and ... - 0 views

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    Assomet, Italy's non-ferrous metals association, reported that domestic production of copper and copper alloy semi-finished products contracted 5.4% y-o-y in 2011 to reach a total yearly output of 1.051M tonnes. This was attributed to metal price volatility impacting clients' procurement activity in addition to substitution losses, which continues because of the ongoing European debt crisis and its implications upon consumers' price sensitivity. Assomet also added that pure copper metal products have and will be more negatively impacted than copper alloy semis due to a higher copper intensity. This led to a drop of about 8% y-o-y in copper semis output this year, reaching 549,000t and production is expected to fall by 3% y-o-y in 2012. Whereas copper alloy semis output declined by 3% in 2011, reaching 502,000t. Production is anticipated to hold at the same level in 2012.
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