Alcoa's declining market capital and low share price prompted officials with S&P Dow Jones Indices to remove the US aluminum major from its Dow Jones industrial average Tuesday. "Alcoa's market capital was dead last among the 30 ...
Tags: Metallurgy, Mineral, Energy, aluminum
An 8.3 billion pound ($13 billion) project to build a refinery and petrochemical plant in eastern China involving Royal Dutch Shell (RDSa.L) has been shelved after losing political support, the Telegraph newspaper reported, citing sources. ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Algeria has discovered new gas reserves in exploration programs recently, the country's Minister of Energy and Mines, Youcef Yousfi, said during a press conference on Monday. "This year's intensified gas exploration program enabled ...
Tags: Metallurgy, Mineral, Energy, gas
Metal sheets or metal products manufacturing company produces enormous amount of metal scraps during the production phase. Now, previously the scraps would go to waste and was kept as a dump in the junkyard for years, However, now San Diego ...
Tags: Metallurgy, Mineral, Energy, Metal sheets, metal products
The National Security Agency (NSA) has tapped into the networks of Google, Brazilian oil firm Petroleo Brasileiro SA, and systems operated by France's foreign ministry, according to leaked US documents. The documents were aired by ...
Tags: Metallurgy, Mineral, Energy
China XD Electric Co., Ltd. announced on Friday a strategic alliance with the General Electric Company to tap China's vast electrical infrastructure market. The Shanghai-listed company in May of this year transferred a 15 percent stake ...
Tags: Electrical, Electronics, electrical infrastructure market
China is planning to further crack down on illegal rare earth mining and smelting companies by establishing a blacklist, State media reported on Wednesday. Citing anonymous sources from the Ministry of Industry and Information Technology, ...
Tags: Rare Earth Industry
The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...
Tags: MX Firms
China's state-owned enterprise Chongqing Iron & Steel plans to maintain its crude steel output in 2013 at 6 million mt amid uncertainties in the market, a company source told Platts Wednesday. The steelmaker has three blast furnaces, each ...
Supply remains relatively tight in the US sheet market, apparently slowing seasonal erosion, market sources said Thursday. A service center executive said that flat-rolled lead times, particularly cold-rolled lead times, were healthy due ...
Tags: Sheet Steel, Mineral
The US Energy Department has announced an investment of US$16 million in seventeen projects to capture energy from waves, tides and currents in a sustainably and efficient way. The projects are intended to increase the power production ...
Tags: Metallurgy, Mineral, Energy
Reportedly, the Australian mining giant BHP Billiton has started the new Daunia mine in Queensland. Also, the Daunia mine is the company's ninth operating metallurgical coal mine in central Queensland. It's learned that BHP Billiton ...
Tags: Coal Mine, Metallurgy, Mineral, Energy
The global market for microinverters will expand by a factor of four from 2013-2017 as microinverters are adopted in greater numbers outside the US while new markets also rush to take advantage of the devices' improved efficiency and ...
Tags: Solar Microinverter, Energy
China Petroleum and Chemical Corp, or Sinopec, raised its ex-works butadiene prices in the north by Yuan 500($81)/mt, or 6%, to Yuan 9,000/mt effective Wednesday, end-users said. The price increase comes after the state-run company late ...
Ashgabat and Beijing have signed a number of deals on development of the supergiant Galkynysh gas field in Turkmenistan and related infrastructure during a visit by China's President Xi Jinping to the Central Asian state Tuesday. The ...
Tags: Mineral, Turkmen Gas