Sunday, March 14, 2010

Zinc cobalt plated connectors are available

Zinc cobalt plated connectors meet the requirements of Mil-C-26482 series 1 and replace the use of cadmium plating, over which there is some environmental concern.
Aerco now offers rapid deliveries on zinc cobalt plated versions of D38999 series III and AB05 connectors that meet the requirements of Mil-C-26482 series 1.
The investment in this service has been made to meet the growing number of customers showing concern about the environmental implications of using cadmium plating.
As an assembling distributor of the AB05 range of connectors from AB Connectors, Aerco stocks piece parts and assembles zinc cobalt plated AB05s at an assembly facility set up earlier this year at the company's UK headquarters in Horsham.
Aerco also supplies zinc cobalt plated D38999 series III connectors under a special distributor agreement with Deutsch.
Both types can be supplied within five days at highly competitive prices with no MOQs (minimum order quantities).
http://www.manufacturingtalk.com/news/aeo/aeo124.html

Wednesday, March 3, 2010

Smelters win higher zinc fees as mine supply increases - Analysts

Bloomberg cited analysts Mr Atsushi Yamaguchi and Mr Kim Gyung Jung as saying that Korea Zinc Company may win higher processing fees on increased mine supply.

Mr Yamaguchi said that “We expect a small increase of 2.5% this year as mine supply is now enough. Actual processing fees are predicted to increase to USD 363 per tonne in 2010 from USD 354 in 2009, based on an average zinc price of USD 2,538 per tonne.

Zinc, used to galvanize steel has doubled in the past year as the global economy recovered from its worst postwar recession, spurring more mine production. The fee paid to smelters gains when the supply of raw material, or so called concentrate, grows as miners compete for processing capacity. Agreements between Teck Resources Limited and Korea Zinc typically set a benchmark.

Mr Kim an analyst at Samsung Securities in Seoul said that annual fees are normally settled during the American Zinc Association’s industry gathering. The meeting will be held from February 28 to March 2 in Scottsdale.

Samsung’s Mr Kim and Mr Lee Won Jae an analyst with SK Securities Company in Seoul also said that smelters should benefit this year from higher metal prices declining to elaborate.

Korea Zinc spokesman Mr Lee Sang Hoon and Mitsui Mining & Smelting spokesman Mr Yushi Sugiura said that no deal had been reached, while Teck Resources declined to comment.

Mitsui Mining & Smelting and Sumitomo Metal Mining Company own a JV called MS Zinc Company. Teck Resources, which owns the world’s biggest zinc, mine at Red Dog in Alaska. The metal for 3 month delivery climbed 3% to USD 2,179 per tonne at 6:40 PM Singapore time today. The price reached USD 2,736 on January 7th 2010, the highest level since March 2008.

Macquarie Group analysts including Mr Colin Hamilton said that “Terms will probably settle on a benchmark treatment charge in the mid USD 200s at a base zinc price of USD 2,000 per tonne. This would represent a drop in the share of revenues to smelters at this price level compared with last year. This comes despite a steeper rise in smelters’ costs compared with miners’ costs in recent years and is a trend that we expect to continue in the medium term.”
http://steelguru.com/news/index/MTM1MTA5/Smelters_win_higher_zinc_fees_as_mine_supply_increases_-_Analysts.html