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...Germany aims to be a market leader in the development of electricity-fueled transportation by 2020, as part of a long-term vision for zero emissions...
...India's 3.6 million-ton aluminum industry is expected to double its output by 2023, while increasing its margin with the production of value-added and high-end downstream products...
...Mining and smelting major Boliden has signed a partnership agreement with energy company Vattenfall to work toward the electrification of its European mines and smelters....
...Rio Tinto continues to pump money into a planned copper mine project in Arizona....
...Coal India Limited (CIL) shipped 607 million metric tons of coal in its recently ended fiscal year, a 7% increase from the 600 million metric tons in the previous fiscal year....
...On Wednesday, in the heart of Texas' energy corridor, President Donald Trump signed a pair of executive orders that could affect energy projects in the U.S....
...The remote locations of African mines are benefiting from diesel-powered haul trucks with advanced technological enhancements such as GPS, energy-efficient engines, big payload and long life. Industrial Info has surveyed 40% of the operational mines in Africa and identified about 5,000 haul trucks, including make and model. Caterpillar leads the sector. Click the image below for a larger view of market share....
...The market size of pharmaceutical glass packaging in Germany has shown considerable growth and is expected to expand further by 2025. Glass exhibits properties that makes it desirable for packaging pharmaceutical products. Demand for glass vials and ampoules hold the largest market share during the forecast period.
Schott AG plans to invest $1 billion through 2025 to meet the growing demands for pharmaceutical packaging, such as vials, ampoules and cartridges made of borosilicate glass, according to Glass International.
The other key players of the pharmaceutical glass packaging market in Western Europe are Gerresheimer AG, Stolzle-Oberglas GmbH and Ardagh Group S.A....
Schott AG plans to invest $1 billion through 2025 to meet the growing demands for pharmaceutical packaging, such as vials, ampoules and cartridges made of borosilicate glass, according to Glass International.
The other key players of the pharmaceutical glass packaging market in Western Europe are Gerresheimer AG, Stolzle-Oberglas GmbH and Ardagh Group S.A....
...Iran has approved 31 foreign-investment mining projects with a total value of $712 million, as part of its Sixth Five-Year Development Plan (2017-22), which will attract $3 billion in foreign investment annually.
The bulk of the investments will be via Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), the leading state-owned holding company in Iran's mining sector, which is planning to boost its copper concentrate output at its Sarcheshmeh Copper Complex from the current 600,000 tons to more than 1 million tons by 2022, among other investments in the region. IMIDRO, through a subsidiary, operates several other copper mines in Iran.
Industrial Info is tracking 110 projects worth $12.87 billion in Iran's mining sector. Click here for a list of projects. Click image below for a larger view of planned spending by Metals & Minerals sector....
The bulk of the investments will be via Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), the leading state-owned holding company in Iran's mining sector, which is planning to boost its copper concentrate output at its Sarcheshmeh Copper Complex from the current 600,000 tons to more than 1 million tons by 2022, among other investments in the region. IMIDRO, through a subsidiary, operates several other copper mines in Iran.
Industrial Info is tracking 110 projects worth $12.87 billion in Iran's mining sector. Click here for a list of projects. Click image below for a larger view of planned spending by Metals & Minerals sector....
...Black & Veatch Corporation is optimistic on the global Metals & Minerals industry....
...The Chamber of Mines of the Philippines is trying to find ways to boost value and efficiency in the Philippine mining industry...
...Cement manufacturing and the iron and steel sector are major contributors of carbon-dioxide (CO2) emissions. However, there is an upward trend in the number of companies planning to change that image. The goal of the European Union is to reduce CO2 emissions to zero by 2050.
Heidelberg has entered into a venture and is promising to bring down emissions levels within five years. ThyssenKrupp plans to invest a total of 10 billion euros ($11.2 billion) to transition away from melting coking coal and iron ore to create pig iron. Aurubis AG is investing in technologies to reduce carbon emissions through energy efficiency projects and heat recovery projects....
Heidelberg has entered into a venture and is promising to bring down emissions levels within five years. ThyssenKrupp plans to invest a total of 10 billion euros ($11.2 billion) to transition away from melting coking coal and iron ore to create pig iron. Aurubis AG is investing in technologies to reduce carbon emissions through energy efficiency projects and heat recovery projects....
...The company cited increased bauxite sourcing from Odisha Mining Corporation (OMC) and better availability of coal supplies...
...Western Europe's Metals & Minerals Industry, led by Germany, plans to spend heavily on in-house capital projects that are scheduled to be completed by the end of 2020. There are 99 equipment addition projects in Western Europe worth $1.6 billion, mostly in the steel and cement sectors. There are 190 modernization projects worth $1.03 billion, of which 131 projects worth $728 million belong to Germany, which are slated for completion by end of next year....
...Rio Tinto declared force majeure on iron ore exports to some clients on Friday as a result of damages incurred at Cape Lambert A and other Western Australia operations as a result of Cyclone Veronica. Partial operations at the facility resumed Thursday after being shut down for seven and a half days, but damages to lighting, buoys and berths will limit the operational capacity of the terminal for weeks and possibly months. Rio Tinto continues to assess the situation and will report further when the extent of the damage is known.
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...Nucor plans to build its steel plate mill in Kentucky....
...The U.S. Energy Information Administration reports that U.S. coal exports reached 116 million short tons in 2018, the highest level in five years, based on data from the U.S. Census Bureau....
...Industrial Info's North American Project Spending Index registered an 11.05% year-on-year gain in February....
...Cyclone Veronica in Western Australia's Pilbara region has temporarily affected all major iron ore and lithium mine operations and shut down the biggest iron ore port in the world, which accounts for more than 55% of world's total seaborne iron ore.
The category 4 cyclone has caused flooding and some level of damage to mining infrastructure; however, many mines are now resuming and expect to be fully operational by the end of this week. So far, the economic impact of the cyclone has been minimal, and all personnel are safe and accounted for.
Pilbara ports and rail infrastructure have taken the major brunt of the storm as all three major ports, Port Hedland, Dampier and Cape Lambert, sent all non-critical fly-in, fly-out employees home. The shutdown of export ports has added to a global iron ore supply shortage caused after the Vale mine disaster in Brazil. All port operations are expected to be restarted and ramp up by end of this week....
The category 4 cyclone has caused flooding and some level of damage to mining infrastructure; however, many mines are now resuming and expect to be fully operational by the end of this week. So far, the economic impact of the cyclone has been minimal, and all personnel are safe and accounted for.
Pilbara ports and rail infrastructure have taken the major brunt of the storm as all three major ports, Port Hedland, Dampier and Cape Lambert, sent all non-critical fly-in, fly-out employees home. The shutdown of export ports has added to a global iron ore supply shortage caused after the Vale mine disaster in Brazil. All port operations are expected to be restarted and ramp up by end of this week....
...Mining projects with a total investment value of more than $2 billion will be implemented in Oman by 2023. The investment opportunities mainly aim at increasing mining production from 100 million tons per year to 147 million tons per year and will include the mining of gypsum, limestone, gabbro and aggregates, kaolin and silica quartz.
Investment also includes an array of business opportunities at the upstream and downstream ends of copper, chromium and ferrochrome commodities, creating approximately 1,600 direct job opportunities for Omanis....
Investment also includes an array of business opportunities at the upstream and downstream ends of copper, chromium and ferrochrome commodities, creating approximately 1,600 direct job opportunities for Omanis....
