Word: aluminum
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...following its own Hollywood film script, Survival International fingers a villain: a London-based mining company called Vedanta Resources that is controlled by billionaire businessman Anil Agarwal. Vedanta's aluminum subsidiary plans to invest $2.5 billion to extract some 78 million tons of bauxite from the Niyamgiri mountain. Its chief operating officer, Mukesh Kumar, insists that the mine will benefit the Dongria - the company will set aside 5% of the mine's pretax profits for a local development agency - and that it has followed all the relevant Indian laws. "Whatever we do, we do in a transparent manner," he says...
...installation by Paul Matisse allows passengers to play mobile-like instruments hanging between the tracks. The piece, called “The Kendall Band,” is composed of three elements that you might mistake for part of the machinery: “Kepler,” an aluminum ring that hums for five minutes after being struck; “Pythagoras,” a 48-foot row of aluminum chimes interspersed with teak hammers; and “Galileo,” a large steel sheet that clatters when the handle is shaken. Ok, Gare St. Lazare...
...that they are on Beijing's payroll in exchange for unfettered access to the country's natural resources. Authorities detained several bloggers and journalists in recent months who openly criticized Vietnam for allowing China to set up large bauxite mining operations in the country, which China needs to manufacture aluminum. The government has also tried to block the popular social networking site, Facebook, in order to limit political discourse as well as criticism of the bauxite projects...
...debris was replaced by piles of new bricks, lumber and other construction materials. There was a building boom across the region, and dozens of temporary villages were erected to house the 5 million people who were rendered homeless by the quake. The prefab housing was made out of blue aluminum siding lined with Styrofoam insulation. It had concrete floors and was arranged in neat rows in flat spots at the bases of the mountains. Conditions weren't luxurious, but the camps were clean and the housing dry and fairly warm. (See the top 10 deadliest earthquakes...
...anymore. Earlier this week, aluminum giant Alcoa posted fourth-quarter results that fell short of Wall Street's expectations, triggering a sell-off in the company's shares. The company reported a loss of 28 cents a share, which was narrower than the $1.49-a-share loss a year earlier. However, it missed analysts' projections. Investors were particularly miffed at Alcoa's revenue number, which totaled $5.43 billion, down 4.6% from $5.69 billion a year ago. Analysts had been expecting revenue growth. Investors subsequently dumped shares, causing the stock to plunge 11%, its worst one-day drop since last March...