Copper end use trends

TORONTO, July 8 /CNW/ - TEAL Exploration & Mining Incorporated (TSX-"TL") (JSE-"TEL") ("TEAL") has announced the discovery of extensive copper mineralization in the greater Kasonta area adjacent to TEAL's Lupoto Copper Project, which forms part of TEAL's 60%-owned Kasonta-Lupoto Mines sprl ("Kalumines") mining licence area, situated close to Lubumbashi in the Democratic Republic of the Congo ("DRC").

Wind power is the most mature of mainstream renewable energy technologies and, if the world's electricity generation is to be made cleaner, it must play a large part.\n\nThe International Energy Agency estimates that, if global greenhouse gas emissions are to be halved by 2050, as scientists say is necessary, then wind must represent about 17 per cent of worldwide power generation by that date.

Daye Nonferrous Metals Company, China's fifth-biggest copper producer, is likely to expand copper mine resources after a 1 billion yuan ($145.92 million) cash investment from Yangtze Power Co Ltd.

From January to May 2008, Russia's copper exports decreased year-on-year by over 30% to 82,600 tonnes and from $720 million to $619 million, the Federal Customs Service said. The majority of the copper exports went to countries outside of the CIS. Russia's copper exports rose by 5.3% year-on-year to 283,100 tonnes in 2007.

Brazilian Government introduces new taxes for inefficient lamps.

Superior Essex has announced it is to close its magnet wire plant in Chauny, France at a cost of €12 million ($18.8 million). The plant, which dates back to 1922, was bought by Superior last year and operates under the company's Essex SAS subsidiary. The closure of the plant will bring production capacity in line with demand the company said. Just under $16 million of the charges related to the closure is for employee severance costs with the rest for equipment relocation and disposal. A review of the plant began three months ago before the sale of Superior Essex to LS Cable was agreed. Meanwhile LS Cable said its first half operating profit increased by over 50% with the Middle East and China leading global demand through the development of utilities and phone lines to meet power needs and internet usage. The chief executive of LS Cable, Christopher Koo, said orders from the Middle East are likely to increase by 80% this year to $450 million. Mr Koo said he expects global cable demand to increase by 4% a year to 2011, with China increasing by 8% annually.

Nanowires being used for memory is hardly a new idea, but a group of researchers at the University of Pennsylvania seem confident that they've found a way to leapfrog the competition, and shake up storage devices as we know them.

I recently noted that Hawaii has enacted a law that requires all new homes to install solar water heaters. Eventually, Hawaii may have as many water heaters as Israel, where 90% of homes have solar water heaters installed. When viewed from above, the Jerusalem often glitters with the shine of the thousands of solar heaters that adorn rooftops.

NAIROBI -- The world is enjoying a "green energy gold rush", the UN's environmental agency said Tuesday as it published a report outlining a 60 percent hike in investment in renewable energy in 2007

Following the announcement last week that several Japanese rolled copper makers are to increase their rolling margins for rolled copper products, Mitsui Mining and Smelting announced it is seeking a Y20-30 per kilogram increase in rolling margins for its brass strip and flat rolled products. This is to cover the higher costs for energy, freight and subsidiary materials and is to be implemented for loss making items, which are mainly in the brass products line. Mitsubishi Shindoh, Japan's largest copper flat rolled and strip products maker, also recently announced it was increasing its rolling margins.

Mitsui Mining and Smelting (MMS) aims to expand its market share in Asia from 50% to 70% for electrolytic copper foil product. The company has recently doubled its electrolytic copper foil production capacity at its two subsidiaries which now have production capacity of more than 600t/m. MMS also expanded its output capacity of ultra thin copper foil with carrier foil from 300,000 square meters per month to 450,000 square meters per month in August 2007. The company is still exploring further expansion possibilities which will depend on how the market reacts.

BHP Billiton, the Australian mining company, on Thursday said US antitrust authorities had largely cleared its proposed $170bn acquisition of rival Rio Tinto.

this new so-called Klimatic Base 1 AirWater Machine does its share of inventive (but not entirely unique) water purifying nonetheless, with it promising to pull drinkable water out of the air. That's done, as you might have guessed, with the aid of an apparently standard dehumidifier, which gets paired with several filters and a UV light chamber that the company says will eliminate any bacterial content that might be in the water.

General Cable Acquires Majority Position in Philippine Joint Venture

An 18.34% stake in Phelps Dodge Philippines Inc (PDPI), which is the largest wire and cable manufacturer in the Philippines, has been sold to General Cable Corp by A Soriano Corp (Anscor). This raises General Cable's stake in the cable manufacturing firm from 40% to 60%, with the remaining 40% remaining under the ownership of Anscor. Under the terms of the deal, Anscor has sold 1.081 million shares for P641.49 million ($14.2 million). PDPI was established in 1995 as a joint venture by Anscor and Phelps Dodge International Corp, which General Cable acquired in Q4 2007.

China's economy might continue to decelerate as a result of slower industrial output growth and weakening overseas demand, according to a posting on the National Bureau of Statistics (NBS) website

It provides an excellent big picture overview of what variables we need to consider as we transition away from fossil fuels.

Nexans, one of the worldwide leaders in the cable industry and expert in LAN cabling solutions, has launched two revolutionary concepts in copper cabling technology with its new LANmark-6A and -7A products.

The country will shut down small coal-fired power generators producing 13 gigawatts this year and require at least 80 percent of buildings under construction to meet energy-saving standards for the construction process by the end of 2008, the report said.