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Osaka, Japan-headquartered Daikin Industries, the world’s largest air conditioner manufacturer, is partnering with Shin-Etsu Chemical, Hitachi and Tokyo Eco Recycle to recover and recycle rare earth magnets from compressors starting in 2027, the companies said in a joint statement on Tuesday April 14.
The global market for fibers used in nonwovens faced strong pressure in March, with raw material costs for polyester, polypropylene, and viscose fibers increasing by 4-11% in the US and Europe.
Proposed rail mergers, corporate shifts and large inventories are creating significant uncertainty in the crossties railroad market. Learn more.
Copper in concentrate production from Ivanhoe Mines’ Kamoa-Kakula complex in the Democratic Republic of Congo (DRC) fell to 61,906 tonnes in the first quarter, down by 54% from 133,120 tonnes a year earlier, with the company now evaluating local third-party concentrate purchases to advance the ramp-up of its on-site smelter, according to an April 13 production release as the market focused its attention on the impact of global sulfuric acid shortages during CESCO Week in Chile from April 13-17.
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