Two Georgia based firms announced an agreement to make, use and sell electric motors and components designed for automotive applications.
Read more...Vietnam recently launched an investigation steel billets imports in the face of record Chinese steel flooding the market, but not everyone is happy.
Read more...After devastating Britain’s steel industry, the steel crisis seems to be affecting other European nations.
Read more...India is riding on the new wave of automotive sales, as passenger-car sales for 2015 grew at the fastest rate in five years.
Read more...China, the world’s largest coal user, has revealed plans to drastically alter both consumption and production of coal.
Read more...Boeing continued cuts on their most iconic aircraft, dropping production to only six a year.
Read more...Bombardier has approved of Milacron’s Cimcool brand’s Cimperial 861.
Read more...Malaysia’s recent setbacks have fueled talks that Malaysia might not be the long term solution to fill the bauxite supply gap.
Bauxite exports leapt 600 percent from 2014 to 2015, after experiencing a similar leap in bauxite exports from 2013 to 2014. This increase in production has also seen illegal bauxite mining increase substantially over the previous two years.
There has been some legislation passed to limit the illegal mining, with the three month moratorium on bauxite mining being the latest, but so far, the Malaysian government have been unable to arrest a single illegal miner. Pahang officials have also been embroiled with claims of corruption and residential dissent, with two more Pahang land and mines department officers recently charged for accepting bribes.
The vacuum left by Indonesia’s decision to ban exports of unprocessed ores led to the industry bestowing upon Malaysia the title of primary bauxite exporter, but infrastructural and legalistic shoddiness has cast aspersion over whether Malaysia can keep up their supply.
The countries that could pick up the bauxite slack include Australia, the second largest exporter of bauxite ore to China and China itself, whose domestic bauxite mining is beginning to pick up pace.
Read more...A new report on the lubricant systems market predicts 2.14 percent growth in the sector up till 2020.
Read more...President Obama gave a succinct summary of the failings of the coal industry and outlined the murky future of the sector.
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