Japanese steel investment; Florida boosts recycling; new rare earth WEEE plant in US; China and South Korean trade deal
Japan steel output may rise
Japan’s crude steel output is expected to rise 0.9% in July-September from a year earlier on solid demand from shipbuilders and infrastructure projects, the government has said.
The increase follows an estimated 0.5% fall in the April-June quarter when a hike in sales tax cut appetite for steel, said the Ministry of Economy, Trade and Industry (METI). Steel output for the July-September quarter is projected to rise to 27.96 million tonnes from 27.72 million tonnes a year earlier.
The News International
Solid waste recycling on the rise in Florida
Newly released data shows recycling efforts are on the rise in Florida. 2013 recycling data released by the Florida Department of Environmental Protection puts Florida’s official recycling rate at 49%, up from 48% the previous year.
The new rate represents an increase in the amount of solid waste recycled. In 2013, Floridians recycled 11.8 million tons of solid waste, up from 9.7 million tons in 2012. Florida has set a deadline to reach a 75% solid waste recycling rate by 2020.
Firm’s new WEEE recycling facility for rare earths
The Mount Pleasant, Michigan based WEEE recycling firm, 3S International has opened its first end-of-life electronics processing facility to recover rare earth elements in Tinley Park, Illinois.
According to the company, the facility houses the only proprietary technology that is claimed to reduce electronics into recyclable fragments and safely extract rare earth elements, including mercury.
3S says it process WEEE at a rate of 1 tonne per hour, and that it is the only company in the US with the rights to the technology.
“Our process shreds the electronics into their component materials. We do not landfill or resell,” commented Gina Yob, vice president of sales and marketing at 3S International.
Yob also noted that 80% of the electronics given to recyclers end up either being re-sold, shipped overseas, or sent to a landfill.
Waste Management World
American Samoa to burn waste for fuel
The American Samoa Power Authority has signed an EfW power agreement with a US company to set up a plant that will use garbage to produce fuel oil. The contractor will design, build and operate the plant at the sanitary landfill at Futiga with construction to begin this year.
The plant will use 62 tons of waste a day to produce burnable fuel oil that will be used as fuel for diesel. The facility will produce enough fuel to generate a net 15 million kilowatt hours of electricity per year. The project will also mean a 90% reduction in the waste entering the Futiga landfill.
Radio New Zealand
Philippines deal to build biogas plant
First Quezon Biogas Corp is set to proceed with the development of its maiden project, a 6MW energy from waste facility in Quezon province, Phillippines, worth P1bn (£13m).
The company signed an engineering, procurement and construction contract with EnviTec Biogas AG of Germany and Houston Hydrotech Product and Systems, Inc. for the biogas facility that will be built in Barangay Sta. Catalina in the municipality of Candelaria.
Project construction will start this year and officials said they plan to sell power from the plant to Manila Electric Co. (Meralco) in the first quarter of 2016.
Business World Online
Posco signs $3.3bn investment deal
Posco, the South Korean steel maker and Chongqing Iron & Steel Co., China have entered into a memorandum of understanding worth $3.3bn (£1.9bn). The South Korea’s trade ministry did not divulge many details, the agreement covers all areas including Posco’s self-developed steel making technology and mining. In Septemebr 2013, the two companies announced the setting up of a steel mill in western China with an annual production capacity of three million tonnes.
The Economic Times
Canadian co shows interest in Candelaria copper mine
Candelaria copper mine in Chile, one of the largest mines of Phoenix based Freeport-McMoRan Copper & Gold Inc. is on sale and the company intends to raise several billion dollars. According to sources, a Toronto-based mining-investment vehicle Magris Resources Inc. headed by former Barrick Gold Corp chief executive Aaron Regent, has shown interest in the mine. Freeport, which has been diversifying into oil and gas, is under pressure to reduce its debt from its current level of $20.9 bn (£12.1bn).
The Wall Street Journal