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Chile's Codelco to quantify its lithium reserves - 0 views

  • Chile's state copper giant Codelco said on Friday it plans to carry out a study to see how much lithium lies on its properties, but said it was too early to say if it could eventually begin to produce the metal.
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Renewable energy means we need energy storage, too - 0 views

  • Storing excess renewable resources, such as solar and wind, is vital in securing an energy-efficient future. To understand just how vital energy storage is, consider this. Fossil fuel, such as coal and oil, are forms of stored energy, always ready when society needs it. Solar and wind are forms of “real” energy, coming and going irregularly. If we want to replace the value that fossil fuels afford our society, we have no choice but to add storage to intermittent renewable energy to make it readily available.
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China - The copper market - 0 views

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    According to Antaike, Chinese refined copper production in November amounted to 405,257t. For the 11 months to November the figure was 3,778,095t, an increase of 8% y-o-y. Chinese copper semis production in November reached 221,091t; for the year to November copper semis output totalled 2,432,149t, up by 17% compared with the same period in 2008. In addition, the customs office reported that refined copper imports in November increased by 15% m-o-m to 194,388t.
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Supportive International reported Q3 net profit of MYR1.5 million - 0 views

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    Malaysian wire and cable company Supportive International Holdings Bhd reported financial results for the third quarter ended 31st October, 2009. Q3 revenue was MYR18.9 million (US$5.5 million), down from MYR31.1 million (US$9.1 million) for the same period in the previous year. Net profit for the third quarter was MYR1.5 million (US$0.4 million), compared to MYR2.4 million (US$0.7 million) a year ago.
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China - Deep processing copper project by Jian Xinwang Copper - 0 views

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    The Committee of Industry and Information Technology of Jiangxi Province announced that Jian Xinwang Copper started a deep processing copper project in Jian City, Jiangxi Province. The investment of the project amounts to 120 million yuan and is expected to be commissioned in June 2010. Annual capacity will be 30,000 tonnes of copper products per annum.
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Japan - November copper data - 0 views

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    According to data released by the Japan Copper and Brass Association, output of rolled copper products in November totalled 69,132t, up by 2.1% m-o-m and 0.8% y-o-y. From a y-o-y perspective, it was the first increase in 16 months, supported by improved demand from the semiconductor and automotive industries. In addition, the Japanese Electric Wire and Cable Makers' Association reported that copper wire and cable shipments in November were 58,700t; the figure was down by 0.1% m-o-m and 7.7% y-o-y. It was reported that even though the automotive industry has shown some recovery signs, demand from the construction sector was still slow.
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Chilean strike threats push copper higher - 0 views

  • Copper prices reached a 15-month high yesterday as strikes threatened production in Chile while rising tensions in Iran helped push crude oil towards the $80-a-barrel mark.Copper hit $7,285 a tonne with the benchmark London Metal Exchange three-month contract up 3 per cent after closing in London on Christmas Eve at $7,070 a tonne.
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Botswana copper-silver district holds major promise for Discovery - 0 views

  • Investors believe that its ongoing exploration in Botswana looks promising, and is working on what could be a major copper-silver district. 
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Copper markets show strength and stability - 0 views

  • 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
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Kazakhmys gets funding from China - 0 views

  • Kazakhmys, the London-listed copper producer, has secured long-awaited funding for what is set to be its biggest project with a $2.7bn (£1.7bn) loan from China's state-run Development Bank and SamrukKazyna, the Kazakh sovereign wealth fund.About $2bn of the loan will fund the development of the Boschekul copper project in northern Kazakhstan, which has been in the pipeline since 2006.
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Chinese to buy Corriente for copper interest - 0 views

  • China is set to gain access to sizeable copper deposits in Ecuador following an agreed C$679m (US$652m) cash bid for Vancouver-based Corriente Resources.
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Eastern European Market For Automation And Control Solutions - 0 views

  • The most significant challenge in the Eastern European ACSs market is the need to provide solutions with greater compatibility. In the former communist countries in this region, almost all the privatised old factories have outdated technology that needs to be modernised.
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BHP Billiton > Approval for Antamina Expansion - 0 views

  • BHP Billiton today announced it has approved its share of the capital expenditure required to expand mining and processing capacity at the Antamina copper and zinc mine in northern Peru.Antamina is a joint venture between BHP Billiton (33.75%), Xstrata (33.75%), Teck Resources (22.5%) and Mitsubishi Corporation (10%). All four partners have approved their respective shares of the project's US$1,288 million capital budget (BHP Billiton share US$434.7 million).
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Polish copper group moves to slash costs - 0 views

  • Copper prices are heading higher but KGHM, Poland’s state-controlled copper miner, fears that the good times will not last and is slashing costs, which make it one of the world’s most expensive producers. Last year’s economic crisis “was an argument to change and fix the company”, Herbert Wirth, chief executive, told the Financial Times.
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Hindustan Copper, India's Government Plan Share Sale - 0 views

  • Hindustan Copper Ltd., India's largest state-owned producer, and the government plan to sell as much as 40 billion rupees ($873 million) of stock as part of a record sell-off of assets.
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Quadra sees increased copper production in 2010 - 0 views

  • Canada's Quadra Mining said on Monday it expects to raise copper production from its three operations by more than 50 percent in 2010, sending shares up 2.7 percent.
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Freeport`s Adkerson says outlook encouraging for copper this year - 0 views

  • Freeport-McMoRan Copper & Gold CEO Richard Adkerson says the strong performance of copper in the market place last year and the economic growth in China have created an encouraging outlook for copper this year.
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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.
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BHP, Chile's Codelco Aim To Boost Mining Sector Suppliers - 0 views

  • SANTIAGO -(Dow Jones)- Chilean state copper mining giant Corporacion Nacional del Cobre and global diversified miner BHP Billiton Ltd. (BHP) aim to boost local mining services suppliers so they will eventually export their services and technology worldwide.
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Freeport buys Twin Buttes Mine near Sahuarita - 0 views

  • Mining giant Freeport-McMoRan has bought the long-closed Twin Buttes Mine site near Sahuarita for $200 million and may mine it once again, company officials said. Phoenix-based Freeport-McMoRan Copper & Gold Inc. bought 8,900 acres of the open-pit mine
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