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Plant Controlled By Automation System With Integrated Telecoms
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The facility is being built in the UK for E.ON at Holford, Cheshire, UK, and will store gas in eight salt caverns deep underground. The processing plant consists of several gas compressors which optimise the pressure of gas stored and withdrawn from the caverns into the National Grid Transmission System.
Designed to hold over 160 million cubic metres of gas, the plant will be controlled by ABB Extended Automation System 800xA and integrated with the telecoms systems providing a single point of access and control for operational personnel.
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LME cancelled warrants are rising fast
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And so apparently are nickel, zinc and aluminium prices, according to notes from Barclays Capital, JP Morgan and Standard Chartered.
More intriguingly there has been a sudden surge in cancelled warrants at the London Metals Exchange (LME).
Metal on warrant represents inventories in store at the LME’s warehouse. But cancelled warrants represent metal earmarked for delivery — investors cancel their warrants because they want to take it out of the LME warehouse, as Chris Flood, one of the FT’s commodity correspondents, explained.
So a rise in cancelled warrants suggests more demand for the underlying physical commodity and deliveries thereof.
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Xstrata completes $463m El Morro sale
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XTA - Xstrata Latest Prices LONDON (SHARECAST) - Xstrata has completed the sale of its 70% interest in El Morro SCM, which owns the El Morro copper-gold project in north-central Chile. The miner will get $463m in cash from New Gold
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Bulgaria looks to roll out concession model
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The hope is to establish 48 concessions as soon as next year, and the intention is to invite international private water operators to bid for the contracts, each of which is planned to have a duration of 20-35 years.
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Reverse osmosis membrane suppliers’ market share 2008-9
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It shows the market share of the major reverse osmosis membrane suppliers, measured on the basis of the new contracts recorded in the 21st and 22nd GWI/IDA Worldwide Desalting Plant Inventories (a subset of the total RO membrane market). One would expect that the equation for leadership would be “volume sales x production costs = long-term market advantage”, but Dow cannot afford to rest on its laurels. Toray has made great progress in closing the gap with the market leaders, and the others are not out of it. Toyobo has enjoyed some some big wins in the Gulf (although none in the period in question), and Woongjin has been pushing hard. With Koch’s automated production facility now online, we can expect some pretty bitter price competition over the next few years.
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SmallCapNews | EMED Mining upbeat on progress towards Rio Tinto mine re-start
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EMED Mining’s painstaking efforts to get the Rio Tinto copper mine in Spain back into production look to be gaining ground following the latest round of assessments by local authorities.
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GM: “We’re Forced to Make Hybrids.” But Which Ones?
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If cost is the worry about hybrids, then GM might try to produce less expensive mild hybrids. That’s what the company has been hinting at for about two years. In 2008, former GM CEO Rick Wagoner said, “In order to have a real impact in reducing oil consumption, oil imports, and CO2 emissions, advanced technologies must be affordable enough to drive high-volume applications.” Wagoner promised big: “We plan to roll out this next-generation hybrid technology globally, across our brands and regions, starting in 2010 in North America, and we expect that volumes will eventually exceed 100,000 units annually.” (In 2009, GM sold about 16,000 hybrids.)
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Zambia 2009 copper output rose 14%
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Copper output in Zambia, Africa’s top producer, rose 14 percent to 697,860 tonnes last year, but output was hampered by the closure of some mines after the global financial crisis unfolded.
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IDC Connectors Help Motor Manufacturers Migrate To Aluminium
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Fabrizio Longo, Tyco Electronics product manager, says: “Many medium- and high-volume manufacturers of FHP motors for appliance, heating ventilation and air-conditioning (HVAC) equipment are evaluating a switch from copper to aluminium magnet wire to reduce raw material costs. Copper contributes on average about 30 per cent to the overall production cost of a FHP electric motor. Switching from copper to aluminium conductors can also reduce transportation costs, as aluminium is about one-third of the weight of copper. Our interconnection system allows manufacturers to easily and cost-effectively bridge the transitions many are making from copper to aluminium magnet wires.”
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A valuable reminder on green building materials
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VCs investing in green building techs and materials will therefore need to take special care to make sure they’re not just investing in something that will be simply a high-end niche product. That means not just validating the economic value proposition. And it means not just double-checking that there’s nothing unsafe about the materials. It means also working hard to evaluate the market’s perception of and openness to the product, to understand just how difficult it will be to introduce the new product to the channel. Even if it’s cheaper and works better and has a few early “wins”, it still may see very slow adoption.
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Contenders vie for quickest EV battery charging time
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EV infrastructure builders are working on technologies that quicken the battery charging process and improve convenience, and periodically announce new charging time milestones.
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More is merrier for wireless power supply
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Using magnetic induction to send electricity to devices is more efficient when more than one machine is involved.
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Augusta makes progress on funds for Arizona copper project
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TORONTO (miningweekly.com) – A precious-metals streaming deal with Silver Wheaton will cover about a quarter of the cost to build Augusta Resource’s Rosemont copper project, in Arizona, and the company expects to have the balance of the capital tied up by around the end of the third quarter, CEO Gil Clausen said on Thursday.
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Chile Escondida says 2009 copper output down 12%
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Reuters reported that Chile’s Escondida output fell just over 12% in 2009 to 1.103 million tonnes from 1.255 million tonnes in 2008.
Escondida, majority owned by global diversified miner BHP Billiton said in a statement that it produced 775,731 tonnes of copper in concentrates and 327,245 tonnes of copper cathodes in 2009.
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Profits in China’s non-ferrous metal sector fall in 2009 despite rising output
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Profits in China’s non-ferrous metal industry declined in 2009 despite rising output due to low prices, according to statistics from the Ministry of Industry and Information Technology (MIIT).
Output of 10 kinds of non-ferrous metals, including copper, alumina, zinc and lead, increased 5.8 percent in the country from a year earlier to 26.81 million tonnes last year.
However, combined profit of 70 major enterprises in the sector totaled 17.6 billion yuan (2.58 billion U.S. dollars), down 1.46 percent year on year, the MIIT said.
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Porsche 911 GT3 R Hybrid Using 160hp Flywheel for Its Electric Motors
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Porsche has already been recognized all over the world as building quality performance cars, despite their “heavy” price and big engines. It looks like now Porsche is trying to green itself out and use an innovative hybrid technology based on a flywheel, installed in a racing car.
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Posted from Diigo. The rest of my favorite links are here.
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