World of Metallurgy ERZMETALL 68 2015 No 3 117 Economics Technology and Science which has been operating as an in dependent supplier to the National Electricity Market since the smelt er closed in August 2014 The sales process did not result in a sale After closing the Point Henry operations in 2014 Alcoa contributed AUS 5 mill into the Geelong Region Innovation and Investment Fund to support job creation projects that strengthen and diversify the regional economy and employment base As a result of the closure Alcoa expects to record 2015 restructuring related charges of 30 mill to 35 mill after tax and non controlling interest Alcoa s free cash flow target for 2015 of 500 mill remains unchanged Press Release May 11 2015 Hindustan Copper opens under ground metal mine India s Hindu stan Copper HCL has announced the commissioning of its underground metal mine in Balaghat district in the Indian state of Madhya Pradesh Ac cording to the state owned company the Malanjkhand Underground mine would be constructed at an invest ment of Rs18 56bn 298 7 mill post commissioning The mine will have a capacity of 5 mill t a and would be constructed below the existing open cast mine Claimed to be the largest underground metal mine in India the new project is expected to com plement the country s Make in India initiative by increasing accessibility to raw materials for manufacturing refined copper products HCL s latest underground mine project which is expected to take five years to com plete is also set to create a momen tum mega copper mining project in the country Union Minister of Steel and Mines Narendra Singh Tomar said the mi nistry proposes to increase the avai lability of raw material as well as the share of mining in the GDP Said to be a key milestone toward that goal the MMDR Amendment Act 2015 is expected to lure investment in the mi ning sector Further the ministry has also taken certain proactive measures to improve standards of living for the people affected by mining HCL said that upon successful implementation the project will reduce the country s dependence on imported copper con centrates mining technology com April 13 2015 Hydro proceeds with new recycling line Laying the foundation stone for the integrated recycling line for used beverage cans UBC at its Ne uss plant in Germany Hydro today marked another milestone in this 45 mill project The recycling line cov ering an area of some 20 000 m2 will double our existing annual recycling capacity to around 100 000 t and be able to process a wide range of can scrap We are installing world lead ing technology to sort used products which will make us a better recycler The new facility scaled to process 50 000 t of used beverage cans will make us a bigger recycler and a green Bürkert INSPIRING ANSWERS Bürkert Fluid Control Systems Christian Bürkert Straße 13 17 74653 Ingelfingen Germany Tel 49 0 7940 10 111 info burkert com www burkert com Is the metallurgic industry able to keep pace with innovation pressure It can Because Bürkert helps to creatively counter the pressure of innovation in metallurgy and to respond to new material requests with fast market driven adjustments to the product portfolio Type 874x is the name of our MFC family for contemporary gas flow control Easy to use and with a state of the art communication concept Bürkert now introduces a well coordinated flexible system that redefines precision achieves the highest repeatability and manages up to 16 devices through a single Ethernet interface This results in more transparent processes and utilizes resources efficiently Thus processes can be simplified and managed in an intelligent way a perfect combination of centralized and decentralized control Slim precise future proof mass flow controllers that meet the needs of tomorrow 15th 19t h June HALL 11 1 BOOTH E62

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