Cognitive Liberty MediaWiki 1.27.4 - User contributions [en]

China apos;s CNGR To Make Nickel Matte In Indonesia As Battery Demand Grows

2021-06-01T11:37:03Z

LottieMarlow:

By Tom Daly April 8 (Reuters) - Chinese battery material maker CNGR Advanced Material Co said on Thursday it would set up a joint venture in Indonesia to produce nickel matte, used to make chemicals for electric car batteries, with a Singapore-based partner. CNGR last month agreed to buy nickel matte - an intermediate product that can be processed into battery-grade nickel - from Tsingshan Holding Group. The surprise deal sent nickel prices plunging as the market sensed concerns of tight nickel supply could be [http://search.ft.com/search?queryText=overdone overdone]. Now, Changsha-based CNGR is looking to produce matte itself in a $243 million smelting project in Tsingshan's industrial park on the Indonesian island of Sulawesi. The project with Singapore-based Rigqueza International will produce 30,000 tonnes of nickel matte a year, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-nam-ninh-truong-gia-gioi-phuong-hoang-co-tran-6-ngay.html tour phượng hoàng cổ trấn] CNGR said. "Demand for ternary material nickel is accelerating," CNGR said in a filing to the Shenzhen Stock Exchange, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-nam-ninh-truong-gia-gioi-phuong-hoang-co-tran-6-ngay.html tour du lịch phượng hoàng cổ trấn] noting a trend toward high-content nickel batteries with a longer lifespan. CNGR will hold a 70% stake in the joint venture, to be called PT ZhongTsing New Energy, according to the filing, with Rigqueza holding the remaining 30%. Rigqueza is registered in Singapore but it was not immediately clear if the company is related to Tsingshan. The first $81 million phase is set to produce 10,000 tonnes of matte on a nickel content basis, said the filing, which did not provide a targeted start-up date. The venture is the latest in a number of Chinese-backed projects in top nickel miner Indonesia, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-nam-ninh-truong-gia-gioi-phuong-hoang-co-tran-6-ngay.html kynghidongduong.vn] which [http://www.buzznet.com/?s=banned%20nickel banned nickel] ore exports from the start of 2020 as it sought to establish a fully integrated battery industry at home. Chinese battery maker Contemporary Amperex Technology (CATL) plans to invest $5 billion in a lithium battery plant in the Southeast Asian country, Indonesian government officials have said. (Reporting by Tom Daly; Editing by Susan Fenton)

THAI Doubles London Frankfurt Frequencies Postpones Rome Suspension To Feb 2016

2021-05-30T11:02:57Z

LottieMarlow:

Effective from 25 October 2015, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-nam-ninh-truong-gia-gioi-phuong-hoang-co-tran-6-ngay.html tour phượng hoàng cổ trấn] THAI will offer more choice for those wanting to book flights from Bangkok to London and vice versa, with the current schedule of seven flights per week (once daily) being doubled to 14 flights per week (twice daily) operated by Airbus 380-800 and Boeing 777-300ER aircraft. Flights from Bangkok to Frankfurt and vice versa will also be doubled, from the current seven weekly flights (once daily) to 14 weekly flights (twice daily) and also using Airbus 380-800 and Boeing 777-300ER aircraft. Effective from the same date, THAI will temporarily suspend its four times a week Bangkok-Seoul-Los Angeles service, and reduce frequency on its Bangkok-Kolkata service from ten flights a week to one flight daily. An earlier decision to suspend the four times a week Bangkok-Rome service with the activation of the international winter schedule 2015/2016 has been postponed and the carrier's flights between the Thai and Italian capital cities will now be suspended in February 2016. THAI president Charamporn Jotikasthira said the company's board of directors agreed to postpone the suspension to 1 February 2016 in order to meet travel demand [https://www.kynghidongduong.vn/tours/tour-trung-quoc-nam-ninh-truong-gia-gioi-phuong-hoang-co-tran-6-ngay.html kynghidongduong.vn] during the high season in Rome. THAI will work with the Tourism Authority of Thailand to jointly promote roundtrip travel on the route, which the airline will serve on a Monday, Wednesday, Friday and Sunday using Boeing 747-400 aircraft. Thai Airways says its passengers will continue to be served through its planned operation from Bangkok to Munich/Frankfurt/Brussels and partner airline connections to Rome. In the return direction from Zurich/Frankfurt/Munich to Bangkok, THAI will operate Airbus 380-300 and Boeing 777-300ER aircraft with convenient connection to the Thai capital. The winter schedule will see THAI transfer selected routes to THAI Smile, which will operate them with smaller aircraft and aim for better efficiency and cost effectiveness. THAI Smile will operate the Bangkok-Hyderabad, Bangkok-Luang Prabang and Bangkok-Changsha routes once it receives permission from the respective [http://www.paramuspost.com/search.php?query=aviation%20authorities&type=all&mode=search&results=25 aviation authorities] to operate to these destinations. Thai Airways has described the light adjustments in its winter schedule 2015/2016 as part of the company's transformation plan aimed at reducing losses by reducing operating costs, improving the sales structure and generating revenue. It currently has 50 routes which are operating at a loss and/or have less potential in profitability. It said the suspension of routes was considered using various criteria such as operating results over the past 10 years, market environment and competition, potential for development and connecting passenger numbers. The routes which have been suspended have been done so on a temporary basis, with the company to review these again after a period of time under the transformation plan. Thai Airways said once its operations had strengthened and it was more confident of competing well to and from the respective destinations, it would resume the suspended flights. THAI continues to serve its European destinations, issuing a statement that it operates under the high safety standards of the European Aviation Safety Agency. The statement followed a red flag given Thailand by the International Civil Aviation Organization (ICAO) in June 2015 over significant safety concerns within the country's aviation sector. Charamporn Jotikasthira, president of Thai Airways International, said the European Commission's EU Air Safety List updated on 25 June 2015 did not include the Thai airline and as such it would continue to operate regularly scheduled flights to Europe. THAI operates flights from Bangkok to Copenhagen, Frankfurt, Brussels, Munich, Oslo, Paris, Stockholm, Zurich, Rome and Milan on either a direct or one stop basis. In the United Kingdom, it flies direct to London Heathrow and recently introduced Airbus A380 equipment on to this daily route. Thai Airways International Public Company Limited is the national flag carrier airline of Thailand, operating out of Suvarnabhumi Airport, offering flight service to 35 countries. THAI is a founding member of the Star Alliance.

User:LottieMarlow

2021-05-30T11:02:53Z

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