A survey of the industry association Swissmem shows that nearly three-quarters of the industrial companies are dependent on commodities, the very short time could be scarce. But every third company is doing nothing against the resulting risks.
They are found in monitors, cell phones, magnets, electric motors and batteries: The rare earth minerals called. The materials are also called "spice metals" because they are used as spices in small doses - also decide the success. About 97 percent of world production of rare earths come from China. Since the country has restricted the export, the industrial nations tremble. They fear running out of their high-tech industrial commodities.
The Swiss industry is affected by the problem. This shows a previously unpublished survey by the Association of Swiss engineering, electrical and metal industry (Swissmem). About a fifth of the 1,000 member companies work in one form or another with commodities from the group of rare earths.
Thursday, December 2, 2010
Monday, August 9, 2010
supply of minerals
The previous discussion in this chapter of political availability and growing resource nationalism is relevant here. If concentrated in the hands of a
small number of companies, supply may be prone to restriction from opportunistic behavior by companies with market power. Market power may
allow a powerful firm to raise prices opportunistically to take advantage of a weak buyer. The Herfindahl-Hirschman Index (HHI) provides a measure of market concentration or power and is used by the U.S. Department of Justice when investigating possible monopolistic behavior. This index is the sum of the squared market shares of all firms in a particular market—for example, an industry with three firms with market shares of 40, 40, and 20 percent would have an index of 402 + 402 + 202 = 3600. Likely index scores range from about 1 to 10,000: the greater the concentration in a market, the higher the index number (and vice versa). The U.S. Department of Justice considers markets with index numbers between 1000 and
1800 to be moderately concentrated and those with numbers greater than 1800 to be concentrated. If a merger leads to an increase of more than 100
points in the index, the Department of Justice presumptively has concerns about possible anticompetitive consequences of the merger (U.S. Department of Justice, "Horizontal Merger Guidelines," available at http://usdoj. gov/atr/public/guidelines/horiz_book/hmg1.html; accessed June 21, 2007).
Unfortunately, lack of sufficient data on company market shares made it impossible for the committee to calculate and evaluate HHIs for the minerals examined in this study. Fourth, the supply of minerals that come significantly from by-product production may be fragile or risky. The key idea here is that the availability of a by-product is determined largely by availability of the main product (e.g., gallium as a by-product of bauxite mining). Thus, by-product production is relatively insensitive in the short term to changes in demand for the by-product. An increase in the demand for and, in turn, the price of a by-product may not result in significant additions to production capacity for the by-product. Likewise, a significant drop in demand for a by-product also may not result in significantly lower by-product production.
small number of companies, supply may be prone to restriction from opportunistic behavior by companies with market power. Market power may
allow a powerful firm to raise prices opportunistically to take advantage of a weak buyer. The Herfindahl-Hirschman Index (HHI) provides a measure of market concentration or power and is used by the U.S. Department of Justice when investigating possible monopolistic behavior. This index is the sum of the squared market shares of all firms in a particular market—for example, an industry with three firms with market shares of 40, 40, and 20 percent would have an index of 402 + 402 + 202 = 3600. Likely index scores range from about 1 to 10,000: the greater the concentration in a market, the higher the index number (and vice versa). The U.S. Department of Justice considers markets with index numbers between 1000 and
1800 to be moderately concentrated and those with numbers greater than 1800 to be concentrated. If a merger leads to an increase of more than 100
points in the index, the Department of Justice presumptively has concerns about possible anticompetitive consequences of the merger (U.S. Department of Justice, "Horizontal Merger Guidelines," available at http://usdoj. gov/atr/public/guidelines/horiz_book/hmg1.html; accessed June 21, 2007).
Unfortunately, lack of sufficient data on company market shares made it impossible for the committee to calculate and evaluate HHIs for the minerals examined in this study. Fourth, the supply of minerals that come significantly from by-product production may be fragile or risky. The key idea here is that the availability of a by-product is determined largely by availability of the main product (e.g., gallium as a by-product of bauxite mining). Thus, by-product production is relatively insensitive in the short term to changes in demand for the by-product. An increase in the demand for and, in turn, the price of a by-product may not result in significant additions to production capacity for the by-product. Likewise, a significant drop in demand for a by-product also may not result in significantly lower by-product production.
Tuesday, July 6, 2010
Friday, June 25, 2010
ferrochrome buyers
On the metallurgical side for processing ferro chrome, we do have some interesting old book that may be useful to the customers for chrome, ferro chrome and related minerals and metals. For the sellers of ferro chrome there are requests of ferro chrome buyers as well.
international ferro manganese buyers
What ferro manganese buyers should know for their business.This econometric study covers the world outlook for silvery iron, ferro manganese, manganese metals, silicomanganese and ferrospiegeleisen across more than 200 countries. For each year reported, estimates are given for the latent demand, or potential industrial earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region and of the globe. These comparative benchmarks allow the reader to quickly gauge a country in comparison to others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclical behavior that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the 230 countries of the world). This study gives, however, my estimates for the worldwide latent demand, or the P.I.E., for silvery iron, ferro manganese, manganese metal, silico manganese and ferrospiegeliron. It also shows how the P.I.E. is divided across the world's regional and national markets for ferrous metals. For each country, I also show my estimates of how the P.I.E. grows over time (positive or negative growth). In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.
Thursday, June 24, 2010
coal buyers
Does anyone have steam coal for sale to international buyers? If yes please make contact at coal buyers. Any serious offer in commodity amounts is welcome.
Monday, February 8, 2010
mining economics and strategy book review
Know how in economics is an complementary partner to know how in technology in every step of mining processes. The economic way of thinking begins before the first hole is even. Mining Economics and Strategy
by Ian Runge will help you efficiently lead mining operations via the use of innovative economic methods and strategies. The books text does cover what is meant by a cost-effective mining scheme, the economics of information, knowledge, and the procedures for the rational evaluation of more or less uncertain projects. It defines mineral from a business perspective and covers the influence of scheduling on once mineral reserves.
Discounted cash flow techniques, which is one the most widely used evaluation techniques for financial decision making, are covered in detail. The assumption of the use of spreadsheets is a unique feature of this book. Mining Economics and Strategy offers solutions to the problem that many mining projects fail to achieve expectations because of their inability to adapt to change. A new method is explained that allows calculation of capital that is "at risk" from capital that is not at risk. This promises significant advancements in the way that investments are made and capital is valued in the industry.
The book concludes with a brief review of the historical setting and knowledge difficulties in any mining-related investment, and how these issues might also influence the success of investments in the future.
Saturday, February 6, 2010
Economics of the Mineral Industries
Those who have read:Economics of the Mineral Industries (Seeley W Mudd Series)
Can you please write a book review for us.
Has anyone reviewed the following book?
by Larry Thomas.
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