Word: coppers
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Already the world's largest producer of iron ore and one of the largest producers of nickel, Vale is also a growing force in copper, manganese, bauxite, precious metals, aluminum, coal, steel and energy. Its stock price has more than doubled in the past year, to nearly $33, and the company's market value is about $160 billion, 16 times what it was in 1997. Douglas B. Silver, an industry veteran and CEO of Colorado-based International Royalty Corp., calls Vale "the most effective giant mining company in the world," not just for its size but also for its skill...
...days when the inner workings of automata were hidden to preserve the magic; the cogs, cams, pulleys and levers at "Fantastical Mechanisms" are all part of the show. American artist Norman Tuck offers practical but surprising demonstrations of scientific principles. In Double Helix, for example, two motor-driven copper spirals twine gently within each other until the moment they touch and reverse the motor. The machines of Russian sculptor Eduard Bersudsky, by contrast, are better read as manifestations of the troubled artist's state of mind. Now living in Glasgow, where his works are shown as a theatrical installation called...
...that then fanned out to the suburbs. The comparison is not exact, of course, but it's compelling enough. The effects of China's suburbanization are just beginning to ripple across Chinese society and the global economy. It's easy to understand the persistent strength in commodity prices - steel, copper, lumber, oil - when you realize that in Emerald Riverside construction crews used more than three tons of steel in the houses and nearly a quarter of a ton of copper wiring. There are 35 housing developments either just finished or still under construction in New Songjiang alone, a town...
...electricity and diesel fuel Aspen Skiing Co. offsets 100% of its energy with wind power and makes snow with a speck of dust to lessen the water and energy used Transportation All those SUVs traveling back and forth to the slopes consume a lot of gas In Colorado, Copper Mountain uses energy-efficient buses, and the gondolas at Winter Park Resort serve as public transportation Building materials Nonlocal or nonrecycled materials increase pollution byusing more fossil fuels Roof tiles made from recycled tires are being used at the Westin Riverfront; 80% of the steel used in the Hotel Terra...
...five years have seen the best growth run in memory, and so far signs of slowdown outside the U.S. and Europe are few. India and China are posting astonishing growth numbers, while economies of countries from Africa to Latin America that export raw materials, like oil from Nigeria and copper from Chile, have benefited from high commodity prices--themselves a function of the Asian giants' performance. "The economic bleakness in the West I don't think is matched by economic bleakness in the East," says Kamal Nath, India's Minister of Commerce and Industry. There's so much growth momentum...