Skip to main content

Home/ Groups/ Copper end use trends
Panos Kotseras

Mexico - Luvata officially opened its new copper tube plant - 0 views

  •  
    Luvata officially opened its first copper tube plant in Mexico, aiming to fabricate tubes for the HVACR industry. The company sees the current downturn in the commercial tube market as a convenient time to establish its position in the marketplace and be ready when the market picks up. The Monterrey-based plant has started with small but steady deliveries since mid-June. Currently, the plant employs 180 staff with the plan to raise workforce to 250 when the full capacity level of 2,500t per month is reached in H1 2010. Luvata aims to supply several major clients but also expand its clientele to new and smaller Mexican customers. The company intends to differentiate itself by offering just-in-time deliveries, enabling its clients to run reduced inventory levels.
Colin Bennett

China may re-export copper stockpiles - 0 views

  • Copper stockpiles held in duty-free warehouses in China, the top user, may be re-exported after surging to as much as 350,000 tons from almost none at the start of the year, according to Xi'an Maike Metal International Group. "We can hardly find buyers for refined copper," said Luo Shengzhang, general manager of the copper department at Xi'an Maike. The company ranks among the country's three biggest importers, according to the executive. "China's got to export some copper from now and next year," Luo said in an interview.
Panos Kotseras

China - The copper products market - 0 views

  •  
    According to the China Nonferrous Processing Industry Conference, copper products output in China increased by one million tonnes annually in the past three years. Data released showed that production amounted to 5.3 million tonnes in 2006, 6.3 million tonnes in 2007 and 7.5 million tonnes in 2008. It was reported that Chinese output accounted for 30%, 40% and 50% of world output in 2006, 2007 and 2008 respectively. In addition, the General Administration of Customs said that Chinese copper imports in October reached 263,000 tonnes, an increase of 14% y-o-y. However, on a m-o-m basis the figure contracted by 34%.
Colin Bennett

Cochilco raises 2009 average copper price outlook to $2.30/lb but trims output forecasts - 0 views

  • Chile's state copper think tank, Cochilco, on Wednesday raised its 2009 average copper price outlook to $2.30 per lb from $1.95, but slightly trimmed its 2009 copper output forecast to 5.38 million tonnes. The think tank also raised its copper price forecast for 2010 to an average of $2.70 per lb from $2.10 per lb, citing dynamic Chinese demand and expectations of a recovery of developed economies from global crisis.
Panos Kotseras

USA - Bank of America sees copper consumption growth - 0 views

  •  
    Bank of America-Merrill Lynch is expecting that the world ex-China has potential for copper demand growth too. As a result, it revised up its copper price forecast for 2010 to US$7,125/t. This represents a 1.8% increase compared to its earlier anticipation. Its forecast for the current year is revised up by 5.6% to US$5,137/t.
Colin Bennett

KGHM 2010 copper production to exceed 502,000 tonnes - 0 views

  • Polish miner KGHM (KGHM.WA: Quote) Europe's No. 2 copper producer, expects to boost 2010 production above the 502,000 tonnes forecast for this year, its chief executive said on Tuesday.
Colin Bennett

BHP chief says big mining will meet demand - 0 views

  • Marius Kloppers said the big mining houses had the capacity to meet the world’s rising demand for fuels and ores in the coming decades in a speech where he also sought to downplay fears expressed by industrialising nations over “resources security”.
Panos Kotseras

US - Copper imports rose in September by 50% m-o-m - 0 views

  •  
    According to data released by the US International Trade Commission, copper imports in September soared to 56,012 tonnes, up by more than 50% compared to August. Larger import volumes provide optimism for economic recovery in the US. The US stimulus plan amounts to US$787 billion and until now only a fifth to a quarter has been spent. Maximum results of the stimulus programme are expected to be realised in Q4 2009 - Q2 2010.
Colin Bennett

The greening of manufacturing - 0 views

  • Leading European industrialists believe the future of manufacturing on the continent will increasingly revolve around green products, often backed by government subsidies.
  •  
    "Leading European industrialists believe the future of manufacturing on the continent will increasingly revolve around green products, often backed by government subsidies."
Colin Bennett

Hana Mining reveals one of Africa`s largest silver and copper districts - 0 views

  • Canada's junior explorer Hana Mining CEO Mareck Kreczmer believes his company has on its hands part of one of the largest copper and silver deposits in Africa that can rival the Zambian copper belt.
Colin Bennett

Redbank reports new copper discovery at Copperado - 0 views

  • Redbank Copper says it has made a new copper discovery at its Copperado prospect in the Northern Territory.The company is exploring the prospect as part of a 50/50 joint venture with Glencore.
Panos Kotseras

UAE - Ducab is planning a JV cable project - 0 views

  •  
    Ducab is planning a US$136.1 million project to help expand public sector electricity networks. The project is a JV with Dubai's Water and Electricity Authority (DEWA) and Abu Dhabi's Water and Electricity Authority (ADWEA). It is located in the Jebel Ali area and aims to supply DEWA and ADWEA with high voltage cables. According to company plans, one third of its output will be exported to Gulf states. It is expected that production will start in 12 months.
Colin Bennett

MIT Liquid Battery Inventor Returns With Big Plans for Ultra-High Current Industry - 0 views

  • Back in March, there was everything about a battery that contained antimony, sodium sulfide and magnesium. Because of patenting secrecy, any further public details have not been given, so what we know now of the battery’s components, like then, is that there are two metals and a salt involved. Update: if you watch the blackboard behind him, you’ll see that the “secret” is about Nickel and Copper.
Colin Bennett

Zambia's Lumwana mine to raise copper output - 0 views

  • LUSAKA, Nov 25 (Reuters) - Zambia's Lumwana Mining Co. Ltd., a unit of Equinox Minerals Ltd. (EQN.TO)(EQN.AX) plans to raise copper output through greater efficiency and also plans to build a uranium plant, its managing director said on Wednesday. Adam Wright, who took over from Harry Michael a fortnight ago, said at a news briefing in Lusaka that the company would in 2010 ramp up production to 170,000 tonnes from a projected 110,000 this year.
Colin Bennett

New ISO Standard For Safety Of Consumer Goods - 0 views

  • The future standard is expected to provide guidance to all parties involved in the consumer product supply chain (designers, manufacturers, importers, distributors, retailers, etc). It should result in fewer preventable injuries, promote consumer confidence, provide an international benchmark to facilitate access to international markets, serve as an adjunct to regulatory approaches, offer a systems approach to product safety, level the playing field, educate suppliers, and more.
Panos Kotseras

Japan - Exports of refined copper rose by 4.2% y-o-y in October - 0 views

  •  
    According to data released by the Ministry of Finance in Japan, exports of refined copper in October increased by 4.2% y-o-y to 39,197t. It was reported that more than a third was dispatched to China. The figure was also up by 4.2% compared with September, supported by recovered demand from the automotive and semiconductor sectors. Shipments to Taiwan amounted for 31.5% of the total, up from 25% in September. South Korea corresponded to 5% of total exports compared to 6% in September.
Colin Bennett

EU starts screening raw materials 'critical list' - 0 views

  • Three types of risk The expert group put together by the Commission has already identified three types of risks: Import risk, where raw materials are imported from a politically instable region or from a country where the market economy does not work. "That is relatively easy to do as the World Bank has put together governance indexes which measure the political and economic stability index of countries," the EU official explained.    Production risk within the EU, with potential problems such as land access. "If we are in a country for example where the population density is very high, where urbanisation is very high, obviously access will be weak," the EU official explained. Environmental risk, based on indicators such as air or soil pollution, where the impact of raw materials use is measured from an environmental point of view. "This is innovative compared to other studies," the EU official said. "We have just launched a life-cycle analysis to determine what the environmental impact is for each raw material in terms of exploitation, use, treatment, recycling etc., for air or soil pollution as well as emissions of greenhouse gases."
Colin Bennett

Copper effective in keeping superbugs at bay - 0 views

  • Said Tom Elliott, professor at the University Hospital Birmingham (UHB), the study leader: "The results of the first clinical trials in both Birmingham and South Africa suggest that the use of copper may assist in maintaining hospital surfaces free of bacteria and could augment cleaning programmes. "The findings related to the use of a copper biocide adds further evidence to the potential of this metal for fighting infection," he added.
Colin Bennett

Smart Home News Australia - 0 views

  • Mr Sharrock says bonded internet connections are not yet available anywhere, but are "right on the edge" of becoming commercial. Customers would need a special broadband modem, capable of splitting and integrating transmissions over two lines. "The future is fibre," he says, but techniques to squeeze more out of copper lines would help the quarter of households that won't benefit from the Government's $1.5 billion ultrafast broadband initiative.
Panos Kotseras

China - Jiangxi Mingxin launches a copper fabricating project - 0 views

  •  
    Jiangxi Mingxin Copper Industry started a copper fabricating project in Yingtai Industry Park. The investment is made by Fujian merchants and amounts to 360.0 million yuan (US$52.7 million). The new project is anticipated to be completed in February 2011. It was reported that expected revenue will be 1 billion yuan (US$146.5 million) and pre-tax profits 41 million yuan (US$6.0 million).
« First ‹ Previous 581 - 600 Next › Last »
Showing 20 items per page