Industries | SupplyChainBrain

Industries: Page 200

Chinese Miner Takes Glencore’s Cobalt Crown as Output Jumps 170%
CMOC’s copper output also jumped by 51% to 419,539 tons, establishing it as one of the world’s top producers at a time when many miners are struggling to boost output.
Photo: Bloomberg
Biden Administration Pledges $162M to Expand Domestic Chip Factories
$90 million will be used to improve a plant in Colorado Springs, Colorado, while the other $72 million will go towards expanding a factory located in Gresham, Oregon.
Photo: iStock / William_Potter
Podcast | Got a Product Recall? Call Procurement
Procurement used to be tasked with a clear and basic mission: Sign up the best suppliers at the cheapest price. Not anymore.
Photo: iStock.com/gustavofrazao
BP, Equinor Tear Up Contract for Big New York Offshore Wind Project
BP and Equinor were among a group of developers that were rebuffed in October after asking state regulators for higher rates to deliver power from offshore wind farms.
. Photo: Eric Thayer/Bloomberg
Vietnamese EV Maker Planning Battery Plant in India
VinFast said in October 2023it would build assembly factories in India and Indonesia that each have an annual capacity of up to 50,000 cars and a capital expenditure of up to $200 million at first.
Photo: iStock.com/Victor Golmer
Russian LNG Producer Begins Arctic Operations Despite U.S. Sanctions
The first shipments from the LNG project will be delivered during the first quarter of 2024, said Russian Deputy Prime Minister Alexander Novak.
Photo: iStock.com/lyash01
India Truckers Strike Threatens Food, Fuel, Goods Supplies
The truckers launched the strike January 1 in protest against the newly enacted criminal law which extends the jail term for hit-and-run cases to a maximum of 10 years.
New Delhi, India. Photo: iStock.com/naveen0301
Tesla Beats Q4 Delivery Estimates
The American car company was able to deliver a record number of vehicles during Q4, helping the organization hit its 2023 target of 1.8 million automobiles.
Frankfurt, Germany. January 2022. Photo: iStock / Anski
Chinese Luxshare Buys iPhone Assembly Plant from Taiwanese Pegatron
The world’s second-largest iPhone manufacturer will pay $300 million to Pegatron to acquire a 62.5% stake in the company's Shanghai facility.
Photo: iStock.com/gorodenkoff
Nickel Is 2023’s Biggest Metals Loser, Copper Manages Small Gain
The metal used in stainless steel and electric vehicle batteries posted an annual drop of 45% on the London Metal Exchange, the biggest decline since 2008.
Sorowako, Indonesia. Photo: Bloomberg
New Actions from the White House Highlight the Difficulty of Tracing Forced Labor in Supply Chains
While recent actions won’t end the issue of forced labor entirely, this may well be a meaningful milestone in the long-running effort.
Photo: iStock.com/TRAVELARIUM
Indonesian Nickel Workers Rally for Improved Safety After Deadly Fire
The workers’ main demand is “for the companies to comply with occupational health and safety” laws, said Katsaing, the Serikat Pekerja Indonesia Sejahtera (SPIS) workers’ union chairman.
Photo: iStock.com/Photon-Photos
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