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...Blackstone is close to acquiring the former Britishvolt industrial site in the north of England, with plans to build one of Europe’s largest data centres as the artificial intelligence boom drives demand...
...The plans, which remain preliminary in most cases, highlight how global efforts to secure supply chains are forcing companies that play a vital role in manufacturing networks, especially for tech products...
...He added: “There isn’t enough supply of alternative textiles for us today. For the big transformation for us and the rest of the industry, we see a need for more innovation.”...
...Last year, the company completed the €1.2bn takeover of its Spanish rival Expal, which cemented its leading position in the munitions supply chain....
...But it also highlights concerns about forced labour in Chinese supply chains....
...vital industrial metals on two of the world’s largest exchanges....
...Industrial metals including copper and zinc have outperformed global stocks this year as signs of a revival in demand from Chinese manufacturers add to concerns over tighter global supply....
...And supply shocks are expected along the way, with the price of forward contracts for delivery later this year at a record premium to today’s spot....
...Sawan also said that the company “strongly, strongly believed” in liquified natural gas. The company expects 50 per cent growth in the global supply of the chilled fuel by 2040....
...The company’s order intake stood at €23.1bn in 2023, roughly stable from the previous year....
...However, the company warned that it “does not believe that any of these options are likely to recover any value for the company’s shareholders”....
...The founder of China’s largest industrial automation company believes the key role played by the country’s robot makers in keeping global supply chains running will insulate them from rising global protectionism...
...The company, which has pivoted away from turning around underperforming industrials businesses to concentrate on aerospace, upgraded its profit guidance by 6 per cent for this financial year on Thursday....
...Nickel prices have slumped 30 per cent in the past year on elevated supply from Indonesia and softer demand....
...Australian mining billionaire Andrew Forrest has called on China to demand higher environmental standards from its global supply chain, particularly its companies conducting nickel processing in Indonesia...
...Like other battery metals, it is suffering from supply growth — 17 per cent in 2023....
...The power supply issue has also fuelled concerns about the latest technology boom’s environmental impact....
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
...China and Russia have pledged to maintain “industrial supply chain stability” just days after US Treasury secretary Janet Yellen warned Beijing against supporting Moscow’s war effort....
...The company, formerly the automotive division of GKN, specialises in making side-shafts that fit into both electric and engine-powered cars, giving it around six months of visibility of supply across all...
...supply....
...The biggest advantage Chinese companies have is scale....
...French energy company EDF told the FT that its solar panel producer Photowatt was “facing difficulties in finding economic equilibrium”....
...Australia’s nickel industry in particular has been hit by the influx of Indonesian nickel supply and falling demand for EVs....
...But both have been sideswiped by multiyear surges of nickel supply from Indonesia....
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