Buying used gold from customers to sell to smelters is driving foot traffic into the store.
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It is definitely building smelters with an ultimate capacity of 500 tons a day in Mexico.
Some smelters in the U.S. and Western Europe are also no longer profitable, Vazquez said.
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SanDisk published the names of each of its smelters and has begun auditing its suppliers.
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Alcoa had also announced plans to shut smelters in Italy and Spain in order to cut costs.
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There are already two large smelters on the east of the island, providing substantial employment around the capital Reykjavik.
This is primarily due to state intervention in the form of provision of subsidies or renegotiated power contracts to smelters.
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The business unit of Rio Tinto that approached Meridian was Pacific Aluminium, the majority shareholder of New Zealand Aluminium Smelters.
For tantalum this is all but assured as there are very few smelters and they all supply the electronics industry.
Toshiba, Apple, HP, and Nokia implemented policies to require their suppliers to use only audited, conflict-free smelters, once enough are available.
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Vekselberg built a fortune buying aluminum smelters and later acquired a 12.5% stake in Russian oil and gas giant TNK- BP.
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The government even wants to ban some raw-material exports, hoping to dragoon mining companies into building smelters and exporting higher-value goods.
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Some governments have opted to provide incentives for loss-making smelters to continue operating which is preventing the rationalization of high-cost capacity, thus depressing prices.
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Alcoa and Alutrint, a Trinidad-Venezuelan joint-venture, each plan new aluminium smelters.
As predicted, otherwise uniform cloud cover in these areas was streaked with bright plumes emanating from the industrial sites in question (ore smelters, oil refineries and power stations).
Thus, it is importing coal to fuel the some of the refiners and will use these imports to fuel the new refiners and smelters it hopes to build.
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The companies have bitterly opposed the latter rule, saying there is global overcapacity of smelters, which in any case cost hundreds of millions and take years to build.
On the domestic front, the Arab Spring-related spending is accelerating a longer-term shift toward economic diversification through domestic projects that include aluminum smelters in Saudi Arabia and the U.A.E.
This idea, called "demand response, " has been practiced for years by individual large consumers like aluminum smelters and big factories, which get a price break on so-called interruptible power.
To the point that people will build a dam, or a nuclear power plant (or with Iran and some Arabian states, natural gas supplies) specifically to supply one of these smelters.
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On the smelting side, about 45% of all smelters in China are in the top of the cost curve, and 78% of refineries are on the top half of the cost curve.
According to a recent Greenpeace study, illegal wood charcoal is primarily used in Brazil to power smelters producing pig iron, which is used to make steel for industries including U.S. auto manufacturing.
Having started playing the social metal game with aluminum it will be interesting to see if the Chinese start acquiring other metals in the name of maintaining employment levels in loss-making mines and smelters.
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Later, as Asia's troubles threw this Pacific-coast province into recession, the government launched grand schemes to create forestry jobs, save lumber-mill towns, attract new aluminium smelters, build infrastructure and create a new high-speed ferry industry.
Reduced flow rates on China's greatest rivers have made hydro plants reduce badly needed power output: many smelters, paper mills and petrochemical plants are no longer sure of getting the huge amounts of water they require.
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