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Brazilian Mining Company Vale Sees Iron Ore Prices Higher In 2010
Iron ore prices will likely rise in 2010, underpinned by growing demand from China, the chief executive of Brazilian mining giant Vale said on Monday, without offering estimates of how much prices could rise.
“I think it’s going to be a positive year, and iron prices are showing a tendency towards increase, but I do not [...]
Soquimich Falls Most Since June on Lithium Price Cuts
Sociedad Quimica Minera de Chile SA, the world’s largest lithium producer, led declines on Santiago’s Ipsa Index after announcing price cuts for the metal used in batteries.
Soquimich, as the company is known, fell 3.6 percent to 20,630 pesos, the steepest decline since June 22. The Ipsa retreated 0.6 percent after four days of gains.
Odyne Corp. Expands Production Capabilities Through Strategic Supplier Agreement with EnerSys
Odyne Corporation, the leading developer of advanced plug-in hybrid electric vehicle (PHEV) technology for trucks and buses, today announced a strategic supplier agreement with EnerSys , the world’s largest industrial battery manufacturer and a leader in stored energy solutions. EnerSys will supply Odyne Corporation with Genesis® pure lead batteries for its plug-in hybrid electric vehicles [...]
EU Commission to Present Energy Plan
An energy crunch that chokes fuel supplies, dims the lights at homes and workplaces, and ravages Western economies may no longer be the stuff of 1970s history books. It could be a vision of the near future.
The 1970s oil crisis gave Western countries a glimpse of what life is like when the energy supply isn’t [...]
China Digital Announces Termination of Agreement to Acquire Zhuo Tong Power Supply
China Digital Communication Group (OTC Bulletin Board: CHID), one of the fastest growing battery components manufacturers in China, announced today that the company’s board of directors has voted to terminate its previously announced agreement to acquire Zhuo Tong Power Supply Company.
China Digital CEO Ran Liang, said, “We were unable to conclude a final agreement that [...]
