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The world will get half its power from wind, solar by 2050

By: Bloomberg     18th June 2019 Nearly half the world’s electricity will come from renewable energy by 2050 as costs of wind, solar and battery storage continue to plummet. That titanic shift over the next three decades will come as electricity demand increases 62% and investors pump $13.3-trillion into new projects, according... 

Airbus launches extra long range version of its best-selling airliner family

By: Rebecca Campbell     18th June 2019 At the Paris Air Show on Monday, global major aerospace group Airbus launched the latest version of its A321neo (new engine option) single-aisle airliner (itself the largest model in the A320neo family). This is the A321XLR, XLR standing for extra long range. This new version, which will enter... 

LME electronic pricing trial fails to boost volumes - sources

By: Reuters     18th June 2019 The London Metal Exchange's (LME's) three-month trial of switching to electronic closing prices for one of its benchmark base metal contracts has failed to lift volumes, industry sources said, lending further support to traditional open outcry trading. The trial, which moved nickel from the ring... 

London Metal Exchange slaps alcohol ban on open outcry traders

By: Reuters     14th June 2019 The London Metal Exchange has banned open outcry traders from consuming alcohol during the day, it said on Friday, joining other London firms in halting a culture of boozy lunches. In the past, LME traders, along with many other financial service workers, had a culture of heading to the pub at... 

Russian miner partners with AI solutions provider to mine in the extreme north

By: Nadine James     14th June 2019 First Ore-Mining Company, which forms a part of ARMZ Uranium – the mining division of the Rosatom State Atomic Energy Corporation – has signed a memorandum of understanding with Finnish-Russian digital solutions provider ZYFRA to deploy artificial intelligence-based solutions in mining and... 

European lithium projects gain attention amid push toward EVs

By: Reuters     14th June 2019 European lithium projects are making a fresh push for capital, eager to supply the white metal to a burgeoning network of battery manufacturers and electric vehicle makers across the continent, the world's second-largest EV market after China. A regional EV supply chain would help achieve... 

Defining the heavy-haul railway of the future

14th June 2019 Heavy-haul railways are under constant pressure to optimise operational efficiency, a factor that has led the sector to spearhead many new technologies. Michael Roney, special advisor to the International Heavy Haul Association (IHHA), explains in this article, originally published in the... 

Companies collaborate for competition at Manufacturing Indaba

By: Mamaili Mamaila     14th June 2019 Industry association the Manufacturing Circle will again join forces with management consulting company A.T. Kearny for the international Factory of the Year competition at the 2019 Manufacturing Indaba. 

Koketso Seripe

14th June 2019 This week we profile Koketso Seripe, CE of Etion Digitise, previously Ansys Rail, which provides digital safety and environmental management systems ranging from sensors to asset management, telematics and the Internet of Things  

Comair expects financial hit from 737 MAX grounding, but is filling the fleet gap

By: Rebecca Campbell     14th June 2019 South African private-sector airline group Comair has suffered financially from having to ground its newly delivered Boeing 737 MAX airliner earlier this year, following two fatal crashes involving the type in just five months in late 2018 and early 2019, which killed 346 people. “We’re obviously... 

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