• Title/Summary/Keyword: Non-ferrous metals

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A Study on the Volatility Spillover Effect in International Non-Ferrous Metals Futures Price (국제 비철금속 선물가격의 변동성 전이효과에 관한 연구)

  • Guo-Dong Yang;Yin-Hua Li;Rui Ma
    • Korea Trade Review
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    • v.47 no.4
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    • pp.177-195
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    • 2022
  • This study analyzed the volatility spillover effect between international non-ferrous metal futures markets using the BEKK-GARCH model. Statistical data are futures price data of copper (CU), aluminum (AL), nickel (NI), tin (SN) from Shanghai Futures Exchange (SHFE) and London Metal Exchange (LME) from April 1, 2015 to December 31, 2021. Combining the research results, first, in the case of copper, aluminum, and nickel, it was found that there was a two-way volatility spillover effect between the Shanghai and London markets, and the international influence of the London market was greater. Second, in the case of the tin, it was found that the Shanghai market has a volatility spillover effect on the London market from stage I, and it is strengthened in stage II. Third, in the case of nickel, it was found that there was a two-way volatility spillover effect in the first stage, but in the second stage, the London market had a unidirectional volatility spillover effect with respect to the Shanghai market. This study confirmed that China's influence in the international non-ferrous metal futures market is gradually increasing. In addition, it suggested that international investors can engage in arbitrage and hedging using China's non-ferrous metal futures market.

SURFACE PROCESSING OF TOOLS AND COMPONENTS BY MEVVA SOURCE ION IMPLANTATION

  • Lin, W.L.;Sang, J.M.;Ding, X.J.;Yuan, X.M.;Xu, J.;Zhang, H.X.;Zhang, X.J.
    • Journal of the Korean Vacuum Society
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    • v.4 no.S2
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    • pp.106-114
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    • 1995
  • Direct implantation of metallic ion species has been employed in surface processing of industrial components and tools with very encouraging improvements in recent years. In spite of high technicla effectiveness, this new surface processing technique has not been extensively accepted by industries mainly because of high cost(capital and operating) compared with other competitive surface processing techniques. High current and large implantation area with eliminating the mass analyzer and the beam-scanning unit make metal vapor vacuum are(MEVVA)source ion implantation versatile, simple and cheap to operate and well suited to commercial surface processing. In this paper, the recent development of MEVVA source ion implantation technique ar Beijing Normal University has been reviewed and the results of production trials of several industrial components and tools implanted by MEVVA source ion implantation have been presented and discussed.

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Recycling Industry of Urban Mines by Applying Non-Ferrous Metallurgical Processes in Japan (비철제련(非鐵製鍊) 프로세스를 이용한 일본(日本)의 도시광산(都市鑛山) 재자원화산업(再資源化産業))

  • Oh, Jae-Hyun;Kim, Joon-Soo;Moon, Suk-Min;Min, Ji-Won
    • Resources Recycling
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    • v.20 no.3
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    • pp.12-27
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    • 2011
  • DOWA group has been working on metal recycling applying the smelting and refining process of KOSAKA Smelter. DOWA has developed it's metal recycling technologies through the treatment of black ore(complex sulfide ores) that contain many kinds of non-ferrous metals. In addition to these special technologies, DOWA has strengthened its hydrometallurgical process of precious metals and ability to deal with low-grade materials such as used electrical appliances or vehicles. On the other hand, JX Nippon Mining & Metals Corporation(JX-NMMC) carries out its metal recycling and industrial waste treatment businesses employing advanced separation, extraction and refining technologies developed through its extensive experience in the smelting of non-ferrous metals. JX-NMMC collects approximately 100,000t/y of copper and precious metal scraps from waste sources such as electronic parts, mobile phones, catalytic converters, print circuit boards and gold plated parts. These items are recycled through the smelting and refining operations of Saganoseki smelter and Hitachi Metal-recycling complex(HMC). In this like, metal recycling industries combined with environmental business service in Japan have been developed through excellent technologies for mineral processing and non-ferrous smelting. Also, both group, Dowa and JX-NMMC, were contributed to establish Japan's recycling-oriented society as the typical leading company of non-ferrous smelting. Now. it is an important issue to set up the collection system for e-waste.

Influence of Graphite Epoxy Composite Material on the Electrochemical Galvanic Corrosion of Metals (금속재료의 전기화학적 갈바닉 부식에 미치는 GECM의 영향)

  • Yoo, Y.R.;Son, Y.I.;Shim, G.T.;Kwon, Y.H.;Kim, Y.S.
    • Corrosion Science and Technology
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    • v.8 no.1
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    • pp.27-39
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    • 2009
  • Non metallic composite materials, for example, GECM(graphite epoxy composite material) show high specific strength because of low density. These kinds of non metallic composite materials improved the structural effectiveness and operation economics. However, if these materials contacted several metals, corrosion can be arisen since non metallic composite materials have electrical conductivity. This paper dealt with galvanic corrosion between graphite epoxy composite material and several metals. Base on the electrochemical galvanic corrosion test between GECM and metals, corrosion current of carbon steel and aluminium increased with time but corrosion current of stainless steels and titanium decreased and galvanic potential increased. This behavior shows the galvanic corrosion depends upon the presence of passive film. Also, galvanic effect of GECM coupled with ferrous alloys and non-ferrous alloys was lower than that of 100% graphite, which is attributed to lower exposed area of graphite fiber in the GECM than apparent area of the GECM specimen used for the calculation of galvanic current in this work.

GIS-based Metallogenic Prognosis of Lead-Zinc Deposits in China

  • Tang, Panke;Wang, Chunyan
    • Journal of the Korea Society of Computer and Information
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    • v.20 no.12
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    • pp.91-99
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    • 2015
  • In this paper, we introduce the application of several currently-representative methods for mineral resources potential assessment on Geographic information system(hereinafter referred to as GIS), and combined with mineral resources potential assessment performed in China and with lead-zinc deposits taken as an example, summarized and divided minerals prediction and assessment models; on this basis, this paper presented the process of metallogenic prognosis based on MRAS platform, and made a simple analysis on existing problems.

A Study on the Examination of Reaction Mechanism for Molten Salt Electrolysis of Titanium Dioxide (이산화타이타늄의 용융염 전기분해 반응기구 규명에 관한 연구)

  • Jo, Sung-Koo;Jung, Jae-Young
    • Korean Journal of Metals and Materials
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    • v.47 no.3
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    • pp.182-187
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    • 2009
  • The molten salt electrolysis is applied to reduce titanium dioxide to titanium metal using calcium chloride as an electrolyte and the reaction mechanism of the reduction process is examined by analyzing the reaction products. The process conditions to obtain titanium metal for $900^{\circ}C$ correspond to 2.9~3.2 V and 24 hours. The reaction products for 2.9 V at $900^{\circ}C$ include irregular-shaped titanium oxides such as $Ti_4O_7$, $Ti_3O_5$ and $Ti_2O_3$ and polyhedral $CaTiO_3$. Using these microstructure analysis, the sequential reaction mechanism for the electrochemical reduction of titanium dioxide to titanium is proposed.