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Posted on : Sep 14, 2011
Belgium-based Umicore has inaugurated its rechargeable battery recycling facility in Hoboken, Belgium. In late 2009 the company announced plans to invest €25 million (US$34.1 million) to build a battery recycling plant that would produce batteries for hybrid electric vehicles and mobile phone batteries. In inaugurating the ....
Posted on : Jul 18, 2011
Yunnan Lead and Zing Mine On 27 July 2010, CWH Resources Ltd announced that it entered into a contract to purchase a lead and zinc mining company called "Yunnan Lanping Jinding Lead and Zinc Mining Company", situated in Yunnan, China. This contract has been terminated as the due diligent study has indicated that the risk o....
Posted on : Apr 12, 2011
The global refined lead market is expected to be in surplus by 123,000 tonnes in 2011, the International Lead and Zinc Study Group, or ILZSG, said on Thursday. The forecast gap is larger than the 48,000-tonne surplus in 2010. Demand for refined lead is forecast to increase by 5.5 per cent to 10.04 million tonnes in 2011, while w....
Posted on : Apr 03, 2011
We are pleased to announce that our Company, Gravita India Limited together with its subsidiary Company, Gravita Exim Limited have acquired 60% stake in M/s K.M. Udyog, Jammu. The installed Lead manufacturing and refining capacity of M/s K.M. Udyog, Jammu is 7200 MT per annum. With this addition, the enhanced capacity of Gra....
[United Kingdom]
Posted on : Jan 28, 2011
Electric car manufacturer Tesla Motors has launched a program to recycle its battery packs throughout Europe. The packs will be recycled by Umicore at its facility in Belgium, with the expended pack material used to produce an alloy that will be further refined into cobalt, nickel and other metals. After that, Umicore will tr....
Posted on : Jan 19, 2011
Lead demand in India is expanding by 10 percent to 12 percent a year, about twice the global rate, on increased battery sales and infrastructure projects, according to recycler Gravita India Ltd. “There is a good expansion in the automobile, telecom and power sector,” Navin Sharma, marketing vice president, said from Jaip....
Posted on : Jan 17, 2011
Range bound trades are seen in lead markets on MCX. The prices have seen a range of 118-122 per kg in last few days. The markets of lead are driven by the demand from battery markets. The report from International Lead Association shows that the 85% of lead goes to lead acid battery manufacturing. China is the number one manufac....
Posted on : Nov 19, 2009
The world's biggest recycler of scrap metal, Sims Metal Management, plans to sell US$475 million worth of shares through an exercise to help fund acquisitions and repay debt. The bulk of the capital raising - US$400 million - will result from a fully underwritten placement of stock at US$21 a share to institutional i....
Posted on : Nov 19, 2009
Jaipur based Gravita (India) is coming up with an Initial Public Offer (IPO) of 36,00,000....
Posted on : Nov 09, 2009
Australian metals recycling specialist Intec has teamed its technology with Hong Kong-based investors with the aim of boosting metalliferrous recycling projects in China. Intec has signed a subscription agreement with Hong Kong-based Green Resources - a special purpose vehicle designed to implement primary and secondar....
Posted on : Oct 07, 2009
Spanish sorting equipment supplier Toratec Recycling Solutions has established a joint venture with Best of Belgium to form Best Toratec which is to be based in Barcelona, Spain. Following on from an alliance between the two companies in the past year, partnership activities have grown considerably over the last few mont....
[United States]
Posted on : Sep 24, 2009
Newell Recycling, one of the largest recyclers and processors of recycled metals in the United States held its grand opening at its plant in Garden City. With the flip of a switch, Georgia Governor Sonny Perdue helped Chatham County celebrate the grand opening of its newest facility- Newell Recycling. The state of th....
[United Kingdom]
Posted on : Aug 18, 2009
Xstrata Technology’s ISASMELTTM top submerged lance (TSL) smelting technology has been  chosen for its third smelter project in India, with a contract signed recently with Sterlite  Industries (India) Limited, a subsidiary of Vedanta Resources plc (Sterlite).  Chief Executive Joe Pease said Xstrata Technology (XT)....
[United States]
Posted on : Jul 30, 2009
The world's largest recycling company Sims Metal Management Limited has appointed Paul Varello to serve as Company Chairman. He succeeds Paul Mazoudier, who retires from his current position as foreshadowed by him at the Company’s 2008 Annual General Meeting. Mr Varello has served as a non-executive director of the C....
[United Arab Emirates]
Posted on : Jul 19, 2009
One of Middle East's major metal processing companies S J Metals, has successfully launched its operations in Bahrain. With an initial investment of US$8 million, the company officials see this as one of the largest Indian investments in the scrap metal business in Bahrain. The company is headquartered in Riyadh, Saudi....