Glencore: Massive investment in coal mines needed

In its first Sustainability Development report dealing with climate change released on Monday, Glencore argues that despite the rapid growth in renewable sources, coal will continue to be a mainstay of the global energy mix.
The Swiss mining and commodities trading giant said demand for coal was expected to grow by roughly 7% through 2030 to just over 6 billion tonnes of coal equivalent (btce) from 5.6 btce in 2013.
The growth is primarily driven by emerging markets that continue to build low cost, coal-fired electricity generation plants. Cumulative demand over the period of the study amounts to between 19 --– 21 billion tonnes and in order to meet future demand 500 million to 1 billion tonnes of export capacity would have to be developed.

Glencore: Massive investment in coal mines needed
Source: Glencore (IEA 450 Scenario: limit global temperature increase to 2oC)
While non-fossil fuel sources are expected to grow by 53% through 2030, total energy produced from renewables (5.47btce) would still be less than from coal.
The seaborne market for coal is also predicted to grow on the back of demand from the steel, cement and chemical industries reaching 1.48 billion tonnes per year from 1.23 billion tonnes currently. While the Pacific region would underpin this growth due to a lack of domestic supply in some countries, the scrapping of European Union coal subsidies is likely to support imports by the region.
glencore.jpg
This means that if there is no new investment in coal mines and companies and governments increasingly adopt a “harvest strategy”, seaborne supply would halve in 15 years' time.
Glencore, which produces 131 million tonnes of coal per year from mines in Australia, Colombia and South Africa said its own coal operations would be depleted by 2035 without new investment.
Glencore's earnings from coal represent 23% of its headline earnings, second to copper at 25%. Glencore’s marketing and trading operations in metals and energy accounts for 23% of income.
Coal mine is still needed for future , alumina ceramic linings is mainly used in bulk coal materials handling equipment. chemshun ceramics manufacturer produce kinds of wear ceramic liner for industry wear protection solution .more information in website: www.chemshun.com

评论

发表评论

此博客中的热门博文

Silicon carbide ceramic wear plate supplied from factory

图片
 Abrasion resistant ceramics tiles supplied from chemshun ceramics includes alumina ceramic tile, ZTA ceramics tiles,  silicon carbide ceramic tile , Al2O3 99.7% high alumina tiles. Here mainly introduce wear resistant sic ceramic plate as follows : Chemshun SiSic wear plate is an excellent material for the wear protection application, especially at a certificate high temperature.  The material of siliconized silicon carbide has series of basic superiority and characteristic. Many products can be made from it such as beams, rollers, cooling air pipes, thermal coumple protection tubes, temperature-measuring tubes, sealing parts,and special shaped parts. The methods of processing usually including slip casting , extrusion, pressing. 
阅读全文

Characteristics and applications of inert alumina ceramic balls

图片
   Inert alumina porcelain balls have the characteristics of high strength, high chemical stability and thermal stability. They can withstand high temperature, high pressure and corrosion from acids, alkalis, salts and various organic solvents. They are widely used in petroleum, chemical industry, fertilizers, natural gas and environmental protection industries. As a support and covering material for the catalyst in the reactor, it can buffer the impact of liquid and gas entering the reactor on the catalyst, protect the catalyst, and improve the distribution of liquid and gas in the reactor.       Inert alumina ceramic balls are used in industries such as environmental protection and environmental protection as covering support materials and tower packing for catalysts in reactors. Inert alumina ceramic balls have the characteristics of high temperature and high pressure resistance, low water absorption and stable chemical properties. It can withstand the corrosion of acids, alkalis a
阅读全文

Alumina Ceramic Dry Grinding Balls from China Manufacturer

图片
 Ceramic Dry grinding ball is a kind of grinding media, mainly used in equipment such as ball mills, stirring mills, peeling machines, polishing machines and sanding machines. This kind of grinding ball is made of imported calcined alumina powder, which is formed by cold isostatic pressing and then sintered at high temperature. It has high strength, high hardness, low wear and strong mechanical properties. In addition, dry grinding balls have the characteristics of low specific gravity, less than half of traditional steel balls, and are more energy-saving. Grinding balls can increase the volume ratio of the ball mill, improve grinding efficiency and save grinding time. Dry grinding balls are widely used for grinding materials in quartz sand, cement, copper ore, iron ore and other industries, and can be used for non-ferrous metal ores, industrial ceramic powder materials, metal powder materials, titanium dioxide, paper making, coatings, inks , other powder materials and other fields. P
阅读全文