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BHP looks to interim solution in Hedland dust up

The West Australian reported that BHP Billiton has rejigged its approach to winning approval for its Port Hedland expansion plans in the face of community concern about dust levels in the Pilbara city. The mining giant has applied for a small increase to its export capacity at the port as the Department of Environmental Regulation mulls applications for an eventual move to bigger export capacity.

Earlier this year, the DER threw a shadow over BHP’s plans to eventually export as much as 290 million tonnes of Pilbara ore a year, putting a hold on assessing permits for BHP to expand beyond its current 270mtpa allowed rate.

Its temporary hold, announced in February, was the result of a long-running brawl in Port Hedland over dust levels generated by iron ore exporters, including BHP, Fortescue Metals Group, Atlas Iron and Mineral Resources.

The full application is on hold while the Environmental Protection Authority conducts an inquiry into who holds responsibility for regulating dust emissions at the company’s Nelson Point and Finucane Island facilities.

In the interim, BHP has made an application for its existing permits, last updated in 2015, to be increased to 275 million tonne per annum run-rate.

The move, if approved, will help ease concerns that BHP could be forced to wind back its exports in June, given it was exporting at a rate of 272million tonne per annum in the second half of 2016 and risks exceeding its existing permits in June if the approval is not granted.

The Pilbara Ports Authority is also seeking increased export permits from the DER, applying for an amendment to its Utah Point licences to allow the export of 24.1 million tonnes of iron ore a year through the bulk handling facility, up from 21.35million tonne per annum previously.

A spokeswoman for BHP confirmed the company had made the application as an interim measure while the DER assessed its earlier proposals. She said that “We are in the process of pursuing a licence for 290million tonne per annum and as part of this process have sought near-term approval for 275million tonne per annum.”

Source : The West Australian
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BHP looks to interim solution in Hedland dust up

The West Australian reported that BHP Billiton has rejigged its approach to winning approval for its Port Hedland expansion plans in the face of community concern about dust levels in the Pilbara city. The mining giant has applied for a small increase to its export capacity at the port as the Department of Environmental Regulation mulls applications for an eventual move to bigger export capacity.

Earlier this year, the DER threw a shadow over BHP’s plans to eventually export as much as 290 million tonnes of Pilbara ore a year, putting a hold on assessing permits for BHP to expand beyond its current 270mtpa allowed rate.

Its temporary hold, announced in February, was the result of a long-running brawl in Port Hedland over dust levels generated by iron ore exporters, including BHP, Fortescue Metals Group, Atlas Iron and Mineral Resources.

The full application is on hold while the Environmental Protection Authority conducts an inquiry into who holds responsibility for regulating dust emissions at the company’s Nelson Point and Finucane Island facilities.

In the interim, BHP has made an application for its existing permits, last updated in 2015, to be increased to 275 million tonne per annum run-rate.

The move, if approved, will help ease concerns that BHP could be forced to wind back its exports in June, given it was exporting at a rate of 272million tonne per annum in the second half of 2016 and risks exceeding its existing permits in June if the approval is not granted.

The Pilbara Ports Authority is also seeking increased export permits from the DER, applying for an amendment to its Utah Point licences to allow the export of 24.1 million tonnes of iron ore a year through the bulk handling facility, up from 21.35million tonne per annum previously.

A spokeswoman for BHP confirmed the company had made the application as an interim measure while the DER assessed its earlier proposals. She said that “We are in the process of pursuing a licence for 290million tonne per annum and as part of this process have sought near-term approval for 275million tonne per annum.”

Source : The West Australian
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MOU with Xinhai could see NSL annual iron ore production capacity increase

Fin Feed reported that in a possible company making development for NSL Consolidated management has negotiated a strategic cooperation agreement for the provision of wet beneficiation plant Engineering, Procurement and Construction services.

A Memorandum of Understanding has been agreed upon with high profile Chinese global EPC provider, Shandong Xinhai Mining Technology and Equipment Inc (Xinhai), outlining the way forward for a strategic cooperation strategy, potentially increasing current concentrate capacity by 200,000 tonnes with the prospect of building two separate 1 million tonne concentrate plants to be commissioned in 2018 and 2019.

By way of background, Shandong Xinhai Mining Technology & Equipment Inc, is a Beijing listed company which provides “Turnkey Solutions” for mineral processing plants; including design and research, machine manufacturing, equipment procurement, management services, mine operation, mine materials procurement & management, as well as industry resources integration.

Xinhai has 500 mining EPC projects, 70 methods of ore mining technologies and experience, as well as 20 patents.

The company has previously exported equipment to India, and is now looking to further its exposure in the growing Indian economy through the provision of EPC services, viewing an Australian company operating in India such as NSL as an ideal opportunity.

It should be noted though that this MoU is an early stage agreement and investors should seek professional financial advice for further information if considering this stock for their portfolio.

Source : FinFeed.com
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FMG has more women than men on its board

The Australian reported that when Ms Elizabeth Gaines joined Fortescue Metals Group’s board four years ago, she became the first woman on the board of the last top 50 Australian company to appoint a female director. Now, Fortescue, the iron ore miner built by Mr Andrew Forrest, has more women than men on its board and Ms Gaines has become the company’s chief financial officer, making her one of the few women in a position of power at a big miner.

To take the position, she has moved back to her home state of Western Australia, where she spent her early years in the Kimberley outback, after a 15-year absence and given up non-executive roles at Nine Entertainment, NextDC and 7 Eleven.

In her first interviews since joining the executive ranks at Fortescue in February, the 53 year old Ms Gaines says the decision to move was about the company, not returning to an executive position. She said that “This is a company that I really admire. I love the culture and the team, so the opportunity to become part of the team was just a compelling one for me. The decision was Fortescue-specific, not that I was looking for an executive role.”

The chance to join came after long-term and well-respected fin­ance director Stephen Pearce left the company to join London-based miner Anglo-American.

Ms Gaines’s decision is similar to that made by Rio Tinto finance director Chris Lynch in 2013, when he rejoined executive ranks from an independent director position at Rio in 2013. But he did so at a company in turmoil, where the chief executive had been sacked and a steady hand was needed.

Fortescue, by comparison, has paid down big licks of debt, bolstered by remarkable cost-cutting and productivity, clever financial positioning and aided by strong iron ore prices.

Ms Gaines rejects suggestions the company had debt problems. She said that “We used debt as a deliberate strategy to build the business rapidly to start producing in 2008 and there was always the intention, once we were generating cash, to apply them to repaying debt. Fortescue is now in a fantastic position with balance sheet strength and having low-cost producer status.”

She said that the goal now is to remain the lowest-cost producer and preserve balance sheet strength and be able to invest in sustaining volumes, such as a $US1 billion ($1.3bn)-$US1.5bn investment in the Firetail deposit.

Managing director Mr Nev Power has said Fortescue could potentially pay its net debt, which was at $US4bn at the end of last year, down to nothing.

Source : The Australian
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JSPL declares force majeure on Wongawilli coking coal mine in Australia

Reuters reported that Jindal Steel and Power Limited suspended operations at its coking coal mine in Australia last month due to heavy rains caused by Cyclone Debbie, forcing it to declare force majeure. CEO Mr Ravi Uppal told Reuters by telephone that "We couldn't get the trains, we couldn't get the power supply and we had damage caused by the storm when the water came into the mine so it was very dislocating. There is non-stop rain. We had to announce a situation of force majeure,”

Mr Uppal said efforts have been underway to get things back on track and the company will resume mining in 14 days. He said "The Australian mine should be able to resume relatively soon and things will go back to normal. This whole thing happened unexpectedly and it can't last very long.”

Jindal Steel produces about 100,000 tonnes a month of coal used in steelmaking from its Wongawilli coking coal mine in New South Wales.

Top coking coal shipper BHP Billiton and Glencore are among other miners who have declared force majeure on shipments from Australia's Queensland state after landslides caused by Debbie hit a critical mountain pass on the railway connecting to ports.

Source : Reuters
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Mexico extends 15% steel tariff for non free trade partner countries

Mexico has extended until October a 15 percent tariff on 97 separate steel products imported from countries with which it does not share a free trade agreement, including China

Source : Strategic Research Institute
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China threatens action against EU for unfair’ anti dumping duties on HR steel

Global Times reported that China's Ministry of Commerce on Thursday urged the EU to reverse a decision to impose anti-dumping duties on a Chinese steel product, calling the decision a mistake and unfair, and vowed to take action to protect Chinese firms.

Mr Wang Hejun, head of the MOFCOM's Trade Remedy and Investigation Bureau, said in a statement following the EC decision that “The decision is the result of the unfair, unreasonable use of the "surrogate country" prices references method.”

Mr Wang noted that the commission had chosen the US as a surrogate country to judge if the product was being sold in the EU at an unfair price.

China urges the European side to correct such a mistake as soon as possible. He said "The Chinese side urges the EU to fully carry out its treaty obligations under the WTO, stop using the 'surrogate country' method, and treat Chinese companies fairly, justly and without discrimination.”

Mr Wang further pointed out that the EC's judgment was based merely on accusations and speculation that imports of China's hot-rolled coil products pose a threat to European industries, but they lack evidence.

He added “The decision has seriously hurt the interests of Chinese companies, and China will take necessary measures" to protect the legitimate interests of Chinese firms.”

The European Commission, the EU's governing body, announced Thursday that it has decided to impose anti-dumping duties of 18.1 percent to 35.9 percent on China-made hot-rolled coil, following an investigation into the product.

Source : Global Times
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JSW Steel likely to spend USD 1 billion capacity addition

Reuters reported that JSW Steel Ltd could spend around USD 1 billion on capacity addition and acquisition this fiscal year and will bid for several iron ore and coking coal mines in upcoming government auctions to secure raw material supplies.

JSW Steel Joint Managing Director Seshagiri Rao said that "Without increasing my debt, I will be able to spend 6,000 to 7,000 crore rupees (USD 923.72 million-$1.08 billion) in creating capacity or making acquisition.”

He added that "That's the strength of my balance sheet."

He also said "We are growth-oriented. But unless I am sure I can make money for the shareholder I will not do it. Four acquisitions that I have done in India all are profitable now."

Source : Reuters
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Dniprovsky steel mill & ArcelorMittal Kryvyi Rih are largest recipients of VAT refunds in March 2017

Interfax reported that largest recipient of VAT refunds in March 2017, as in the previous two months, was Kernel-Trade agricultural exporter with UAH 1.335 billion.

According to its data, the following are Dniprovsky steel mill, part of ISD Corporation, with UAH 647.8 million and ArcelorMittal Kryvyi Rih with UAH 637.54 million.

The following four places are also occupied by the representatives of the mining and metallurgical complex: Zaporizhstal with UAH 494.7 million, Azovstal with UAH 469.5 million, Poltava GOK with UAH 426.8 million and Mariupol-based Illich steel mill with UAH 408 million.

The top ten recipients of VAT refunds also include three agricultural exporters: Satellite LLC with UAH 330.5 million, Louis Dreyfus Company Ukraine with UAH 271.4 million, and Suntrade with UAH 188.7 million.

Source : Interfax
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Indian steel industry out of stress - Minister

DNA India reported that India's steel industry has come out of the stress, with the exports going up by 57% and imports declining by 34%, the government told the Rajya Sabha. Steel Minister Chaudhary Birender Singh said the country's steel output is at around 120 million tonnes and the government is aiming to achieve 300 million tonnes by 2030. He said that "There was recession in global steel sector and it had an impact on India as well. Our steel industry was in stress for more than three years. But the situation has changed in last six months.”

He added that in the last six months, steel output has gone up by 15 lakh tonnes and exports have shot up by 57% while imports have come down by 34%.

Source : DNA India
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Government to support Belarusian Steel Works

BelTA reported that nearly Br30 million will be allocated to support Belarusian Steel Works, the managing company of the holding company Belarusian Metallurgical Company. Corresponding decree No.100 of 3 April 2017 was posted on the national legal internet portal on 5 April, BelTA has learned.

The remaining balance of the Belarusian national innovation fund, accumulated as of 1 January 2017, will be used as a monetary contribution of the Republic of Belarus to the authorized capital of the Belarusian Steel Works. The funds will be used to compensate for the expenses on the investment project to launch the production of rolled steel and build a wire-rod mill.

As BelTA reported earlier, the document will help implement the abovementioned project, raise the output and sales of products, increase foreign currency revenues from the export of these products.

Source : BelTA
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Gas availability for iron ore pellet plants soon – Ms Aruna Sharma

Steel Secretary, Ms Aruna Sharma said that government is working on gas availability for pellet plant, and that Niti Aayog is in consultation with the oil ministry to work on the mechanism. She also believes that the quality of gas-based steel would be more uniform and superior. Below is the verbatim transcript of the interview.

Q - Tell us more about the gas availability for pellet plant?

A - The demand from the pellet manufacturers to shift to the gas based because gas based is a cleaner energy and gas based also gives better quality of steel. So secondary sector is also a big demand, they have placed their demand to Gail which is a supplying organisation and they are working out the module for it. So we are expecting that to come within this financial year. The whole thing should get concretised.

Q - What will be the pricing mechanism meant for the pellet plant?

A - Two things are very clear that if anybody shifting to alternate fuel or alternate raw material, it has to be affordable and it has to be guaranteed. So these are two clauses which have been flagged by the secondary steel sector - that once committed they must continue to get it and it has to be at affordable price. So that is where petroleum and natural gas and Niti Aayog is working upon and I am sure that very soon we will see the results because

So that is where petroleum and natural gas and Niti Aayog is working upon and I am sure that very soon we will see the results because secondary sector is absolutely in readiness for the shift. Gail is spreading pipeline across the country, so tapping from there will become very convenient for them. So that will bring down considerable demand and it will bring down the emissions also. So they will

Gail is spreading pipeline across the country, so tapping from there will become very convenient for them. So that will bring down considerable demand and it will bring down the emissions also. So they will environment-friendly and they will be more competitive in their rates, as well as the quality of steel is more uniform and superior when we go for the gas based.

Q - The finance ministry has said that they are going to come out with a NPA resolution. We already have Scheme for Sustainable Structuring of Stressed Assets (S4A) and corporate debt restructuring (CDR), special drawing rights (SDR) and other methods for producing debt of these non-performing assets (NPAs) in the steel sector. What are the challenges and what has been discussed at this stage?

A - It is absolutely between the lender and the taker. We as a ministry do not come into the picture but we are equally watching and ensuring that these results come out soon, so that the expansion plan in the steel sector is not hindered and it goes a long way. One thing as a steel ministry we will definitely say that all of them are becoming EBITDA positive and showing
One thing as a steel ministry we will definitely say is that all of them are becoming EBITDA positive and showing profits. So, definitely this sector is going to go up.

Source : Money Control
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How much more steel China will need for its new megacity on the outskirts of Beijing

CNBC quoted Citi Research analysts reported that China's new project to build a megacity on the outskirts of Beijing will drive steel demand, with the country likely gobbling up an extra 12 to 14 million tonne of the commodity a year if plans are implemented in 10 years. While the amount will just be a minuscule proportion of the nearly 1.63 billion tonne in global crude steel production last year according to the World Steel Association, it will nonetheless provide "greater certainty on continuation of Chinese steel demand at high levels," wrote Citi analysts.

The global steel industry has been under duress in recent years, with largest producer and consumer China under scrutiny for alleged dumping of the commodity on international markets due to domestic over-capacity.

The newest special economic zone of Xiongan in Hebei was announced on Saturday in a bid to boost domestic growth in a province that has been hit by massive job layoffs from heavy industries as China moves to maneuver economic growth away from manufacturing toward services.

Xiongan, south of Beijing, will initially cover 100 sq km (38.6 sq miles) and will be expanded in the long run to 2,000 sq km.

The analysts wrote that "Assuming the authorities wish to replicate Shenzhen in 10 years (double the speed at which Shenzhen was built) at least in terms of physical infrastructure, that would provide 12-14 million tonne of extra steel demand per year on a current domestic demand rate of about 700 million tonne, i.e. about a 2% uplift.”

According to Citi's calculations, around 120 to 140 million tonne of steel are required to replicate Shenzhen.

Citi based its calculations on the southern Chinese city of Shenzhen, a special economic zone grown from rice paddies in 1979 into a manufacturing hub and into its latest incarnation as a startup hub.

Citi said that with well-connected infrastructure and reasonably high urban density, Xiongan will need 25 to 30 million tonnes of steel for residential infrastructure, another 35 to 40 million tonnes for the non-residential floor space, 35-40 million tonne for the transportation and logistics infrastructure and 25 to 30 million tonne for other utilities and infrastructure.

Source : CNBC
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Dongbei Steel says faces uncertainties paying interest on some debt

Reuters reported that China state owned Dongbei Special Steel Group Co Ltd said it faces "uncertainties" about paying interest on medium-term notes, underlining the challenges for Chinese authorities as they pledge to crack down on "zombie" companies while containing the risks from a mountain of debt. Owned by the Liaoning provincial government in the country's "rustbelt" northeast, Dongbei formally entered into a bankruptcy restructuring process in October aimed at recovering a reported $10 billion in debt.

The company has been at the heart of troubles in China's debt market, defaulting on nine separate bonds last year, and the province is home to other struggling state steel mills such the Anshan Group and the Benxi Iron and Steel Group.

Investors have turned jittery about likelihood of bailouts for key state-owned state enterprises, especially in coal and steel sectors hobbled by overcapacity. Liaoning's economy shrank 2.5 percent last year, the only Chinese province to see a contraction.

The government has promised to close more than 10 million tonnes of low-grade steel capacity by the end of June this year as part of its efforts to clean up the sector, even as companies such as Dongbei Steel continue to default.

Dongbei is due to pay a coupon on April 12 on its 800 million yuan 5.63 percent bond maturing in 2018.

Prices of its bonds have shown some signs of recovery in recent months, triggered by hopes of a revival plan reported in local media. That plan was aimed at a return to profit and a slash in leverage ratio in three years' time.

The bonds still trade at stressed levels of 63 cents on the dollar, compared with the issue price of 100.

But they are higher than a low of 33 struck in March last year when it missed a payment on an 800 million yuan short-term note several days after the group's chairman was found dead in an apparent suicide.

The statement released via China's foreign exchange trading platform operator late on Wednesday comes after the company missed a payment on short-term commercial paper in October last year.

Source : Reuters
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Audi builds a stunning new body shop for latest alloy A8

For anyone that still thinks vehicle body design is simply a matter of rolling out some steel sheet, bashing it a few times and spot welding the resultant frame and panel parts into a car, let he or she come to Audi. And marvel at an 'Aluminium Space Frame' body destined for the redesigned A8, out later this year, that contains no fewer than 29 different materials. Knocked together with 14 joining processes.

Of course, mixing and matching steel types and grades, and welding/fastening techniques, has long been the stuff of body designers at all automakers but Audi is a particular specialist in lightweight design, going back a million 'aluminiumised' body shells or so, to the 1994 V8, predecessor of the A8, and this coming generation will be the first to use an "intelligent mix of four materials" in the body structure, plus a clever carbon fibre-reinforced polymer component for the first time – more than in any of the brand's previous production models.

According to Marc Hummel of the automaker's materials technical development department at the company's Neckarsulm plant, home of the Lightweight Design Centre established in 1994 and also a key assembly plant for a number of models, those 29 materials consist of 11 sheet steels, three alloy extrusions, three alloy castings, two forgings and eight sheets plus one magnesium casting and the CFRP part. The new car will be 58% aluminium excluding closing panels. All of that requires 14 different joining techniques such as a MIG welding technique now three times faster and new processes such as remote laser welding and a three stage roller hemming process that neatly seams multiple materials to form clean and relatively thin door window frames and very neat door openings gone are the days of ragged steel spot welds covered in wavy pinch-weld plastic trim.

Audi said that "In modern lightweight design the focus is on intelligent and flexible use of a wide variety of materials – in keeping with the principle 'the right material in the right place in the right amount.”

The materials guys talk about being given the vehicle's spec sheet and noting weight-adding demands for such things as China's long-wheelbase version, panoramic glass roof and alternative drive. Then they go to work taking as much weight out of the shell as possible. Having cut the weight of the new body by 12% they've also boosted torsional rigidity by up to 24%.

According to ALC chief Bernd Mlekusch, "The decisive inspiration for the Audi Space Frame [the in-house term for an alloy body] is found in nature. In a bee colony, for example, only the amount of material required to serve its function is used."

The aluminium ASF body of the first A8 generation made the car more than 40% lighter than had been possible with a conventional steel design. That shook up steel makers and kicked off a development spiral in the competition of materials. Since then, the strength of new high-strength steels has increased by a factor of five.

Among the roughly 200 specialists at the ALC, about 25 experts concentrate on fibre-reinforced polymers (FRP). The FRP Technical Centre covers the development process in its entirety and has a full range of machinery mirroring what is used, on a larger scale, by suppliers with whom very close liaison exists. The centre also develops new joining technologies, works on quality assurance aspects and the development of service and repair techniques.

Carbon rear panel
The CFRP rear panel won't go in when the rest of the body is made, primed and painted - it will actually be installed, as a complete sub-assembly, during final assembly, which hasn't started yet (and no SOP was forthcoming from tight-lipped Audi executives). By the time it will be ready to go in, it will already be fitted with such parts as loudspeakers, the rear louvre, three-point seat belts and the centre armrest. An employee will use a handling device to pull the rear panel through the rear window cutout and into the body. A two-component structural adhesive for preventing contact corrosion will be used in conjunction with manually installed rivets to join the rear panel to the metal components.

In terms of overall dimensions, this ultra-high-strength, torsionally rigid rear CFRP panel is the largest component in the occupant cell and contributes 33% to the torsional rigidity of the total vehicle. To optimally absorb longitudinal and transverse loads as well as shearing forces, between six and 19 fibre layers are placed one on top of the other, ensuring a load-optimised layout. These individual fibre layers consist of tapes 50mm (0.2 inch) wide and can be placed individually in a finished layered panel, with any desired fibre angle and minimal trimming of the fibres.
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Deel 2:

The innovative direct-fibre-layering process specially developed for this purpose makes it possible to entirely dispense with the normally needed intermediary step of manufacturing entire sheets of carbon fibre. Using another newly developed process, the layered panel is wetted with epoxy resin and cured within minutes. Finish is smooth, precise and neat although just-auto has only seen the polymer base, not the fully-fitted sub-assembly.

Metals
A high-strength combination of hot-formed steel components make up the occupant cell, which comprises the lower section of the front bulkhead, the side sills, the B-pillars and the front section of the roof line. Some of these sheet metal blanks are manufactured in varying thicknesses by means of tailoring technologies while others also undergo partial heat treatment. That reduces weight and increases the strength, especially in safety-critical areas.

As always with A8s, aluminium components in the form of cast nodes, extruded profiles and sheets, elements long characteristic of the ASF design, make up the biggest share of the new body, at 58%. New heat-treated cast alloys attain a tensile strength of over 230MPa. The corresponding yield strength in the tensile test is over 180MPa and for the profile alloys it is higher than 280MPa and 320MPa significantly higher than previously.

Rounding out the intelligent mix of materials is the magnesium strut brace, 28% lighter than before. Aluminium bolts secure the connection to the strut tower domes, making them a guarantor of the body's high torsional rigidity. In the event of a frontal collision, the forces generated are distributed to three impact buffers in the front end.

New body shop
Not content with redesigning the shell from top to bottom, Audi has built a brand new body shop for it - sadly operating only in 'ghost' mode for our visit with all the (mostly Kuka) robots going through all their motions but not actually handling any parts, though a lot of pre-production sub-assemblies were on display.

The shop was designed to ensure maximum energy efficiency and conservation of resources. The new spot welding tongs are powered by electric motors, and they weigh 35kg (77.2 lb) less than their predecessors – allowing the use of smaller robots, which in turn use less electricity. The halls are equipped with LED lighting (switched off by area when not needed as robots don't require lighting to work), and intelligent concepts for ventilation and shutting down equipment further reduce energy requirements.

The plant is equipped with about 500 robots, 90 adhesive systems, 60 machines for self-tapping screws, 270 punch riveting systems and 90 resistance spot welding tongs. Many robots perform several process steps, and in the intervals they autonomously switch to the tools needed, such as gripping arms and adhesive guns.

In plan view, the two directly adjoining buildings resemble an equilateral triangle. There are three production levels in the new building, which is 41m (134.5 ft) high. Each level encompasses 50,000 square metres (538,195.5 sq ft) of floor space. Supporting columns divide the floor space of each level into a grid of 500m (1640.4 ft) sections. Beneath one of the halls is the plant's railway loading station, where girders span a distance of 36m.

As noted earlier, there are 14 different joining processes to assemble the multi-material body, including roller hemming, grip punch riveting, and remote laser welding of aluminium which is a claimed Audi world first.

Roller hemming is used all the way around the complete front and rear door cutouts which allows larger openings (up to 36mm or 1.4 inches) for easier entry and exit and a wider driver's field of vision around the A-pillar.

Grip punch riveting, which fixes the side wall frame in its position, accompanies the roller hemming process, which in turn is supported by structural bonding. It was the development and adaptation of these joining technologies to this specific application that first made it possible to use the material concept and to combine the aluminium side wall frame with the hot-formed, high-strength steel sheets at the B-pillar, the roof line and the sills with their thin flanges.

With remote laser welding of aluminium, exact positioning of the laser beam in relation to the welding edge considerably reduces the risk of hot cracking because the heat input can be precisely controlled. The size of the gap between parts being joined can immediately be determined and effectively filled in by means of process control. The laser beam's high feed rate and low energy use reduce CO2 emissions by about one quarter. This new process also results in a 95% saving on recurring costs in series production because it eliminates the need for the costly process controls required with conventional laser welding

Used at the rear, at the water drain channels, is a further development of the conventional aluminium MIG (metal inert gas) welding process based on the established CMT (cold metal transfer) process. The development approach is essentially a geometric modification of the inert gas nozzle which makes it possible to achieve process speeds of up to 50mm/s and a very fine weld seam appearance. Compared to conventional MIG welding, this triples speed and also results in considerably reduced heat input, and therefore also less risk of component distortion. To ensure the welding wire is positioned at the component edge with the required precision, the process is performed in combination with a system for automatic seam detection and seam tracking.

Resistance spot welding (RSW) of aluminium is a highly versatile joining process. High-performance plant technology combined with control technology adapted to the requirements of working with aluminium are delivering improvements in process stability and reproducibility of welding results. Use of welding tongs with higher electrode forces makes it possible to reduce undesirable adhesions from the copper electrode onto the aluminium component.

Laser welding is used to join the sides of the A8 roof to the side walls along a practically invisible zero gap.
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Production flow
The ASF body's superstructure begins with the lower welded assemblies which include the longitudinal members which form the foundation for the front and rear body modules. The latter is produced on a separate level of the building. In the next step, the two subassemblies are merged with the floor panels.

The occupant cell takes shape on this underbody, starting with the A-, B- and C-pillars, then the internal and external side panels, and on to the installation of the roof. The big steps take place in the geometry and framing stations, where the parts are positioned and aligned for the welding process.

The body shell moves on a conveyor into the adjacent building, where it is fitted with its doors and lids, which have been produced there in advance. After the body has proceeded through the finishing line on the level below, it is transported to the adjacent paint shop. And following cataphoretic painting, the metal ASF cures in an oven at 200 degrees Celsius where the aluminium alloys reach their final strength.

In-line laser measuring equipment checks the dimensional accuracy of the ASF body at 20 stations during its creation – the first station examines the rear module substructure, and the final station the finished superstructure. Quality assurance conducts spot tests of individual components, subassemblies and complete bodies. A new measurement centre has been set up next to the line for that purpose.

The tools used include two coordinate measuring machines, which work with tactile and optical sensors, an ultra-high resolution optical measuring cell, an ultrasound imaging system and a large computer tomograph (CT). Ultrasound imaging and CT enable the specialists to test many joints in the body without having to take them apart. Traditional destructive testing methods and auditing of surfaces are also used.

Workers
About 500 people work on three shifts in the new body shop. Most work in the automated area together with robots and others in manual areas on the bolt-on and finishing lines.

Audi is training the employees well in advance for the start of series production, with special courses and advanced instruction emphasising practical, hands-on learning. Depending on the specific type of qualification and the technology involved, a course on automation takes up to 10 days.

A new element and special feature of the training concept, something not found anywhere else in the Volkswagen Group, is the finishing booth. The focus here is on working with aluminium which requires great finesse.

Source : Just Auto
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Rio Tinto to fight $360m Australian tax bill

FT reported that world’s second-biggest miner by market value Rio Tinto criticised an amended income tax assessment issued by the Australian Taxation Office on Wednesday as “double taxation” and promised to challenge the demand, which covers a period between 2009 and 2013. The company said in a statement that “Rio Tinto considers that its pricing is in accordance with the internationally recognised OECD guidelines and Australian domestic law, in which it also revealed plans to pay half the disputed amount later this month.”

Rio and its rival Anglo-Australian miner BHP Billiton have drawn scrutiny from the ATO and politicians in Canberra for their use of sales hubs in Singapore.

These units purchase iron ore, a key steelmaking ingredient, and other commodities mined in Australia and sell them elsewhere to customers in Asia for a higher price. Rio has more than 350 staff in Singapore.

BHP revealed in September that it was in dispute over a AUD 775m bill from Australian tax authorities related to its hub in Singapore. The Singapore government has granted BHP a zero per cent tax rate under an incentive deal for its marketing activities. Rio has a similar arrangement.

Rio said it approached the ATO more than a decade ago seeking to confirm its deal. Like BHP it said the amended income tax assessment was an evaluation issue not a tax avoidance issue. The company said that “Rio will seek double taxation relief in accordance with the Australia-Singapore double tax treaty.”

Source : Financial Times
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Small miners under big pressure if iron ore price falls

ABC Net reported that surging iron ore prices over the past six months and the lower Australian dollar have extended the stay of execution for many of Australia's smaller iron ore miners. However, now some are trying to diversify to survive and dodge the next likely downturn in a highly cyclical market.

The past few years have been a wild ride for the junior miners. As prices hit a low below $US40 a tonne in late 2015, "boomtime babies" like Atlas Iron and BC Iron were forced to mothball production. Over the course of the next two-and-a-half years mines gradually came back into production as demand picked up in China. Thanks to China's stimulus spending and policy changes - including coal mine and steel mill shutdowns - spot prices more than doubled in a little more than a year, hitting their recent peak of $US95 a tonne in February. However, the juniors' rebirth could be short-lived, with predictions that iron ore prices could slump again later in the year if China curbs infrastructure spending and tightens monetary policy to rein in rising debt.

Ms Roselea Yao, China investment analyst from Gavekal Dragonomics in Beijing, said the recent retreat in prices back to around $US80 a tonne could be the start of a correction, in part because the market has been inflated by commodity speculators. She said that "That could be because the fundamentals are so poor, vulnerable to any bad news or policy changes.”

Ms Yao said record stockpiles in China, as well as an expected ramp up in production by Chinese domestic miners could also weigh on prices.

Analysts have a broad range of predications about price, but there is one thing they agree on; it is going down.

London-based investment bank HSBC, focussed on new production coming in from big miners like Vale, has a low-ball $US39 in 2017, and an average long term price of $US52 a tonne.

UBS is more optimistic, having upgraded its price forecast for 2017 to around $US71 a tonne, but still down more than 10 per cent form current levels.

Minelife senior resources analyst, Gavin Wendt, expects prices to fall by around one third to $US50 to $US60 a tonne and that will hurt the smaller players.

ANZ senior commodity analyst, Daniel Hynes, is not as pessimistic. His forecast is prices will fall to the mid $US70 range in 2017, because government infrastructure spending will boost demand for steel. He said that "The downside is relatively limited due to that strong demand.” But he expects prices to fall to around $US61 next year, as Chinese steel demand weakens.

Looking off into the distance, if the 2020 futures contracts pegged at $US43 a tonne are any guide, the junior miners will either have to cut their costs by around one-third, or find something else to do.

Source : ABC Net
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Roy Hill calls in MinRes for processing support

The West reported that Gina Rinehart’s Roy Hill project has called in Mineral Resources to help boost its processing capacity at the giant Pilbara iron ore mine as it struggles to ramp up to its planned 55 million tonne a year export rate.

Roy Hill had initially planned a two year ramp-up process to its nameplate capacity, but instead instigated an aggressive 11 month program last year as the iron ore price began to fall. But it failed to hit a self imposed December deadline to reach its 55Million tonne per annum run-rate, saying it expected to hit nameplate capacity in the March quarter.

Pilbara Ports Authority shipping records show the $10 billion mine exported only 8 million tonnes of iron ore in the first three months of this year, an annualised rate of 32Mtpa.

Roy Hill’s rail and port operations are believed to be running well, with the mine’s processing plant understood to be the source of the bottleneck.

The company is believed to have brought in MinRes subsidiary Crushing Services International on a short-term contract in a bid to push through additional tonnes and clear its raw ore stockpiles.

A spokeswoman for Roy Hill confirmed the appointment of CSI, but would not comment on when the company expected to hit its full export rate.

She said that “We continue to ramp up safely and are happy with our progress. Recent months reflect some wet weather impacts and normal ramp-up processes. As a private company we do not disclose information to the market regarding our production figures.”
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