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India Central Government fixes 8% export duty on iron ore
The central government on Friday night is understood to have fixed an 8 per cent ad valorem duty on the export of iron ore fines, but Goan mine owners don’t see this as a respite.
Recently the Union government had announced export duty of Rs 200 per tonne of iron ore, while retaining 15 per cent [...]
Philippines Coal Mining Exploration and Producer, Semirara to Expand Coal Capacity
Semirara started exporting coal last year to reduce its dependence on local consumers, such as the country’s largest power generation firm National Power Corp.
This year, Semirara Mining Corpwill to expand coal capacity production and expand market coal export to China, India and Hong Kong to double to 1.6 million tonnes this year.
Total Semirara coal sales [...]
Welcome To The New Energy and Industry Revolution
When a petrochemical company in China needed to lift an 812-ton piece of equipment into place at a new plant a while ago, it called on Wisconsin-based Manitowoc for a crane that soared more than 17 stories high.
The mechanical behemoth put the industrial-oil apparatus, itself 112 feet high, in place in less than 30 minutes.
The [...]
Coal use grows despite warming worries
Almost nonstop, gargantuan 145-ton trucks rumble through China’s biggest open-pit coal mine, sending up clouds of soot as they dump their loads into mechanized sorters.
The black treasure has transformed this once-isolated crossroads nestled in the sand-sculpted ravines of Inner Mongolia into a bleak boomtown of nearly 300,000 people. Day and night, long and dusty trains [...]
Magplane Technology, Inc. Completes Rare Earth Magnet Assessment in Inner Mongolia
Magplane Technology, Inc. , focused on commercializing proprietary magnetic levitation (maglev) technologies, has completed an initial assessment of the rare earth permanent magnets produced in Inner Mongolia, China. The magnets from Inner Mongolia are the strongest permanent magnets produced world-wide and are used to provide lift and propulsion forces used in Magplane’s passenger and pipeline [...]
Canadian firm hopes to reopen old mine
Halfway up a stone-strewn hillside, Rob Wetzel picks up a fist-sized rock glittering in the morning sun.
“Quartz monzonite,” he says. “Those sparkles are copper minerals.”
Towering 200 feet above Wetzel are the remains of the Engels Mine processing plant, which produced 161 million pounds of copper from 1915 until 1930. Below him, Lights Creek cascades out [...]
Komatsu: The Japanese Caterpillar
Faisal Laljee submits: Komatsu Ltd. is a Japanese entity that engages in the manufacture and sale of construction and mining equipment, industrial machinery & vehicles and electronics products. It is also expanding its businesses into other areas such as housing, transportation and logistics equipment.
China enslaved by rising demand for coal
Enslaved by a rising demand for energy, China is struggling to rid itself of thousands of small and deadly mines that make its coal industry the most dangerous in the world.
With the onset of winter, the world’s biggest producer and consumer of coal is working at full tilt to provide the nation with energy to [...]
More power shifts to countries with oil reserves
There is more to today’s oil crunch than temporary jolts to supply and demand. What is also roiling the energy world is an enduring shift in the balance of power between the fuel-guzzling West and oil-rich developing countries.
Since World War II, the industrialized world has relied on stable and affordable supplies of crude to fuel [...]
