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Philippines to see waste-to-power generation


Philippines to see waste-to-power generation
May 20, 2021 2:45:pm
Summary
A $60mn deal outlines operations for a 12 MW facility, the first of its kind in the country.
by: Daniel Graeber
Posted in:
Philippines to see waste-to-power generation
A $60mn deal for PIC Group, a subsidiary of Japan’s Marubeni, calls for its operation and maintenance of a waste-to-energy plant in the Philippines, Green Atom Renewable Energy said May 19.
Green Atom, which backs renewable energy projects in the Philippines, said PIC Group will provide operational and maintenance support for the 12 MW facility through 2035. The facility is the first of its kind in the country. ....

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Indian Metals & Ferro Alloys bullish on spike in ferro chrome prices


Indian Metals & Ferro Alloys bullish on spike in ferro chrome prices
April 13, 2021
Expects profit in Q4 of FY21 and Q1 of current fiscal
Indian Metals & Ferro Alloys Ltd (IMFA) expects a surge in profitability in the fourth quarter of FY21 and the first quarter of the current financial year due a spike in ferro chrome prices.
The Odisha-based ₹1,600-crore ferro chrome manufacturer’s profits increased by nearly seven times during the third quarter ended December 31, 2020 at ₹32 crore compared with ₹4 crore in the same period last year following a steady rise in ferro chrome prices.
Ferro chrome prices, which were ruling around ₹60,000-65,000 a tonne in September last year, increased to as high as ₹95,000 a tonne in January. The increase in prices in the fourth quarter would augur well for the company, which is an integrated producer of ferro chrome, said Prem Khandelwal, CFO & CS, IMFA. ....

Far East , South Africa , Eastern Cape , South Korea , Prem Khandelwal , Indian Metals Ferro Alloys Ltd , Marubeni Corporation , Indian Metals , Ferro Alloys Ltd , Nisshin Steel , Jindal Stainless , Shah Alloys , Ferro Alloys , Ferro Chrome , Stainless Steel , இதுவரை கிழக்கு , கிழக்கு கேப் , தெற்கு கொரியா , இந்தியன் உலோகங்கள் ஃபெரோ உலோகக்கலவைகள் லிமிடெட் , மாருபீநீ நிறுவனம் , இந்தியன் உலோகங்கள் , ஃபெரோ உலோகக்கலவைகள் லிமிடெட் , நிஷின் எஃகு , ஜிண்டால் எஃகு , ஷா உலோகக்கலவைகள் , ஃபெரோ உலோகக்கலவைகள் ,

Value of top 50 mining companies surges $600 billion from covid lows


Value of top 50 mining companies surges $600 billion from covid lows
Despite gold’s price slump, strong copper and iron ore prices lifted MINING.COM’s ranking of the world’s 50 most valuable miners to a new record high of $1.35 trillion at the end of the first quarter.
The MINING.COM Top 50 most valuable mining companies added a combined $50 billion in market capitalization over the three months to end-March, a sharp slowdown compared to previous quarters, as the commodities rally cools and gold suffers its worst first quarter in decades.
Measured from the height of the pandemic in March-April last year, the index has now recovered by an astonishing $636 billion thanks to a boom in spending on green infrastructure – not only in China but across Europe and the US.  ....

South Africa , United States , City Of , United Kingdom , Eastern Cape , Espíto Santo , Rio Tinto , South Korea , First Quantum Minerals , Freeport Mcmoran , Barrick Gold , Shenhua Energy , Tianqi Lithium , Anglo American , Companhia Sider , Cleveland Cliffs , Royal Gold , Anglo American Platinum , Quantum Minerals , Shandong Gold , Coal India , Navoi Mining , Korea Zinc , Franco Nevada , Wheaton Precious , Kumba Iron ,

Marubeni to cut coal power generating capacity to 1.5 GW by 2025, instead of 2030


By Reuters Staff
2 Min Read
FILE PHOTO: The logo of Marubeni Corp is seen at the company headquarters in Tokyo, Japan, May 10, 2016. REUTERS/Toru Hanai
TOKYO (Reuters) - Japanese trading company Marubeni Corp said on Tuesday it aims to cut its greenhouse gas emissions to net zero by 2050 and it moves forward its 2030 goal of halving its net coal power generating capacity from 2018 level to 2025.
The move comes as Japanese trading houses speed up their efforts to shift away from coal and other fossil fuel assets amid a growing decarbonisation push worldwide and to match an ambitious pledge by government of becoming a carbon neutral by 2050. ....

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