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BINCHANG, China, Dec. 13, 2024 /PRNewswire/ -- Developed by Harbin Electric Corporation, the world's first 660 MW high-efficiency ultra-supercritical circulating fluidized bed (CFB) power generation unit, featuring the highest specifications and largest single-unit capacity, installed in the power plant in Binchang, China, has recently successfully completed a 168-hour full-load trial operation test, marking a new global standard in power generation technology. The No. 1 Generator Set of the Binchang Project in Shaanxi, China, has successfully completed a 168-hour trial operation. The Binchang Project, a demonstration initiative endorsed by the Ministry of Science and Technology and the National Energy Administration, stands as a coal industry pacesetter in ecological restoration within the Yellow River Basin. It seamlessly integrates solid waste and mine water utilization with mine geological environment treatment, restoration, and land reclamation. Planned in two phases, the construction of two units will, upon full operation of the first phase, annually convert approximately 2 million tons of low-calorific value coal and inferior fuels such as coal slime and gangue. It will also utilize 2 million tons of mine water, and supply 6 million GJ of heat, meeting Binzhou City's heating needs and local industrial steam demands. Additionally, the project will enhance regional power grid stability and electricity supply, addressing local power shortages and fostering sustained socio-economic growth. The Shaanxi Binchang Power Plant. Harbin Electric Corporation has engineered the boiler, turbine, and generator, all three core components of the Binchang project. The superior CFB boiler, crafted by Harbin Boiler Company, boasts ultra-low emissions, ultra-high parameters, and ultra-low energy consumption. This fully domestically produced boiler, with its independent intellectual property rights, represents the pinnacle of CFB boiler technology worldwide in terms of parameters and capacity. The ultra-supercritical indirect air-cooled reverse-flow turbine, a product of Harbin Turbine Company, is another highlight. It is a 660 MW-class turbine featuring a once-through reheat, single-axis, three-cylinder, two-exhaust design. The turbine excels in thermal performance and flow efficiency. Additionally, the wide-load high-efficiency generator, designed by Harbin Electric Machinery Company, offers high output, exceptional efficiency, low temperature rise, and minimal vibration. It's designed for wide-load operation and outstanding performance under challenging conditions, such as deep peak shaving, leading phase operation, and negative-sequence operation. Steam Turbine Generator Set for the Binchang Project in Shaanxi. The ultra-supercritical CFB power generation technology marks a significant breakthrough under China's 13th Five-Year Plan. It advances high-parameter, large-capacity, and energy-efficient CFB technology, aligning with the nation's new-era energy development objectives. This resonates with Harbin Electric Corporation's dedication to developing new competitive advantages in sustainable, low-carbon energy technologies, and driving the creation of new productive forces to meet the challenges of the evolving energy landscape. Harbin Electric Corporation utilized resources from China's 13th Five-Year Plan to enter into partnerships with China's top universities, including Tsinghua, Xi'an Jiaotong, Zhejiang, and Chongqing. Through the integration of advanced technology and practical engineering, they addressed key challenges to engineer ultra-high-parameter, ultra-large CFB boiler equipment, successfully scaling up to 660 MW capacity. The boiler's main steam pressure peaks at 29.3 MPa, equivalent to the weight of four adults standing on a nail-sized section of pipe. With a main steam temperature of 605°C and a reheat steam temperature of 623°C, it sets new international standards for CFB boiler parameters. The boiler also achieves a 95% desulfurization efficiency, enabling ultra-low emissions for large-scale CFB applications. Harbin Electric Corporation's commitment to excellence has driven the Binchang project from proposal evaluation to national demonstration status under the 13th Five-Year Plan. The success of each phase, from construction and hydrostatic testing to grid connection, and commissioning, has culminated in a world-class power generation facility, boasting unprecedented parameters and performance. The successful operation of the 660 MW ultra-supercritical CFB boiler not only fills a significant gap in global technology but also cements Harbin Electric Corporation's pioneering role in large-capacity, high-parameter CFB technology. This milestone heralds a new era of ultra-supercritical parameters for CFB boilers worldwide.
SEOUL, South Korea, Dec. 13, 2024 /PRNewswire/ -- Korea Zinc (KRX:010130) has successfully completed the 'Onsen Smelter Rationalization Project,' a key initiative undertaken throughout 2024 to strengthen the competitiveness of its Onsan Smelter. This achievement is expected to result in higher operating profits than initially forecasted in its business plan. Korea Zinc's Onsan Smelter Korea Zinc, led by Chairman Yun B. Choi, announced the successful completion of its year-long 'Onsan Smelter Rationalization Project,' aimed at bolstering the competitiveness of its operations. As a result, the company expects operating profits to exceed its original business targets for the year. Through this project, Korea Zinc implemented improvements in operational processes, enhanced energy efficiency, and strengthened cost competitiveness, yielding significant results expected to positively impact profitability. The company attributes this success to the dedicated collaboration of management and employees, underscoring the value of teamwork and unity. Korea Zinc has maintained profitability for 99 consecutive quarters since 2024, achieving an annual operating margin of approximately 10%. However, the company faced global uncertainties in 2024, including the ongoing Ukraine war, rising energy costs (electricity and coal), and falling treatment charges (TC), which increased raw material expenses. In light of these challenges, Korea Zinc conservatively projected KRW 6.828 trillion in sales and KRW 407.8 billion in operating profit (6.0% operating margin) for 2024 – relatively lower than its five-year average operating margin of 12.2%. To address these difficulties, Korea Zinc devised various strategies, including Onsan Smelter Rationalization Project. The initiative, which engaged all employees from senior executives to frontline workers, focused on improving processes and enhancing cost competitiveness. The project was led by Chief Smelting Officer President Tae-Woong Jung, who personally supervised its execution. Jung relocated to Ulsan, spending 2-3 days per week at the smelter while working the rest of the week at the Seoul headquarters. His hands-on leadership style facilitated close collaboration between the site and headquarters ensuring unified efforts toward achieving ambitious goals. Key initiatives included: Appointing 23 Key Personnel for process rationalization management; Forming task forces for process optimization and cost management; Establishing cross-functional task forces for materials, technology, production, research and development, safety, environment, and equipment; Organizing 18 cost-reduction teams with 95 sub-groups, incentivizing top-performing teams; Managing global price fluctuation risks for raw material purchases and product sales. Jung's "on-the-ground management" approach encouraged seamless collaboration, aligning the workforce toward a common goal. Vice Chairman and Chief Technology Officer Je-Joong Lee also played a pivotal role by leading weekly process improvement meetings between the Seoul headquarters and the Onsan Smelter. This effort increased profitability and advanced technical capabilities. A notable achievement was increasing annual lead production from 420,000 tons to 450,000 tons. Additionally, logistics system improvements reduced related costs to KRW 3 billion—one-third of the previous year's expenses. Other initiatives included themed cost management activities, such as conveyer system improvements, and rationalizing integrated processes for zinc, lead, and copper. The project's success was further bolstered by strong labor-management cooperation. Korea Zinc credits the success to decades of trust and collaboration among leadership, managers, and employees, underscored by a record of 37 consecutive years without labor disputes. A Korea Zinc representative remarked that the domestic steel industry is struggling due to dumping by other major steelmakers, and the non-ferrous metals market faces numerous challenges with bleak prospects for 2025. To adapt to rapidly changing global conditions and internalize supply chains, we remain committed to maintaining our smelters' competitiveness. Korea Zinc's sustained superior performance compared to peers is a testament to the exceptional leadership of our current management and the long-standing trust and collaboration among all employees—something speculative capital cannot replicate.
Key Highlights: GHG emissions intensity reduced by 2.33% to 10.04 tonnes of CO2e per tonne of aluminium produced Global production increased by 2.75% to 111.2 million tonnes Total emissions remained approximately stable at 1,116 million tonnes CO2e Third consecutive year of production growth without commensurate emissions growth LONDON, Dec. 13, 2024 /PRNewswire/ -- New data from the International Aluminium Institute (IAI) shows continued progress in delivering global aluminium production growth without a corresponding increase in greenhouse gas emissions. Global aluminium production growth without a corresponding increase in greenhouse gas emissions. Greenhouse gas emissions from global aluminium production increased by only 0.36% in 2023, while aluminium production grew by 2.75%. Total greenhouse gas emissions from the aluminium industry peaked in 2020. The latest data shows that aluminium production increased from 108.2 million tonnes in 2022 to 111.2 million tonnes in 2023. On the other hand, Greenhouse gas emissions remained essentially stable at 1,116 million tonnes of CO2 equivalent (CO2e), compared to 1,112 million tonnes in 2023. The emissions from each tonne of aluminium production referred to as 'emissions intensity', fell by 2.33% in 2023 and has fallen by 11.5% since 2020. IAI Secretary General Miles Prosser said: "The latest data reinforces our confidence that the industry has reached a turning point, with metal production growth successfully decoupled from emissions growth. We are encouraged to see that the initiatives undertaken by IAI's member companies are enabling increased production without a significant rise in greenhouse gas (GHG) emissions. "However, while the stable emissions levels in 2023 reflect positive progress, they also serve as a stark reminder of the scale of the challenge ahead in reducing emissions. The industry's sustained efforts and substantial investments in emissions-reduction projects have laid a strong foundation, but more must be done. As an industry, we must find ways to deliver emissions reductions faster, deeper and broader across the industry." The aluminium industry remains a key enabler for many sectors looking to reduce their carbon footprint, such as the generation and distribution of clean energy, the transition to electric vehicles and the uptake of sustainable and recyclable packaging for food and drink. With the increasing demand for aluminium, the industry is making significant investments in reducing GHG emissions across the entire production value chain. The emissions intensity of aluminium production, including both primary metal and recycling, decreased from 10.28 tonnes of CO2e per tonne in 2022 to 10.04 tonnes of CO2e per tonne in 2023. The emissions intensity of primary aluminium production fell from 15.1 million tonnes of CO2e per tonne in 2022 to 14.8 tonnes of CO2e per tonne in 2023. Notes to Editors: The IAI provides comprehensive data on greenhouse gas emissions across the aluminium sector, covering: Bauxite mining Alumina refining Primary aluminium production Anode production Casting Aluminium recycling Semis production Internal scrap remelting This includes both direct emissions from industrial processes and indirect emissions from energy use, purchased auxiliary materials, and the transport of key ingredients, offering insights into the sector's environmental impact and progress in emissions reduction.
JINGMEN, China, Dec. 13, 2024 /PRNewswire/ -- In the energy storage industry, both systems and battery cells are expanding at an astonishing pace. While the global market is rapidly adopting the 300Ah+ battery cells primarily based on 314Ah, research and mass production of the next-generation 500Ah+ large-capacity battery cells are already in full swing. As many companies rush to enter the market for 500Ah+ large-capacity battery cells, EVE Energy has become the first in the industry to achieve mass production of the 628Ah large battery cell. On December 10th, EVE Energy's first phase of the 60GWh Super Energy Storage Factory, Mr. Big, officially commenced operations in Jingmen, Hubei. Inauguration ceremony for the first phase of EVE Energy's 60GWh Super Energy Storage Factory By the end of the third quarter of 2024, EVE Energy's global energy storage battery cell shipment volume has firmly secured the top 2 position. As the single largest energy storage factory and the first to mass-produce the 600Ah+ large battery cell, these two milestones undoubtedly showcase the ambition and strategic positioning of this leading lithium battery enterprise in the energy storage sector. 【01 First Disclosure of Intelligent Battery Cell Technology】Addressing the Pain Points of Large Capacity Battery Cells Large capacity battery cells have undoubtedly emerged as a significant trend in the energy storage field over the past two years. In fact, as early as 2022, when the market was still promoting 280Ah battery cells, EVE Energy, leveraging its keen market insight and foresight, proposed the trend of large capacity battery cell development and launched the 560Ah battery cell. Now, after more than a year of development, EVE Energy has upgraded the cell capacity to 628Ah, transforming bold innovation into practical reality and delivering a heavy blow to competitors in the industry. The advantages of increasing cell capacity are clear: it can reduce the cost and integration complexity of energy storage systems, improve energy density and safety, and reduce the use of components in the PACK stage, thus simplifying the assembly process and further lowering costs. However, challenges remain, particularly concerning thermal management and overall efficiency for large capacity battery cells. To tackle these issues, EVE Energy partnered with Professor Yang Hanxi from Wuhan University, a top global university, to create an electrochemical collection model based on electrochemical principles. Inspired by the "low drag" design found in automotive engineering, the company continuously optimizes the thickness of the collection medium, the positioning of the tabs, and the shapes and sizes of the terminals, paving a high-speed road for electrons. This invention significantly reduces the internal resistance of the battery cell, thereby lowering the risk of heat generation. In terms of safety and reliability, EVE Energy unveiled its intelligent battery cell technology for the first time during this launch ceremony. This technology employs intelligent high-precision source perception to capture key signals throughout the entire lifecycle of the battery cell in real-time. Similar to how smartwatches monitor blood oxygen and heart rate, this technology can monitor gases, temperatures, and other critical information in real time, effectively identifying parameters from different characteristics based on a powerful database matching mechanism and performing advanced processing and analysis on the signals. Once an anomaly is detected, timely warnings and defensive measures are taken. The intelligent battery cell technology acts as a guardian of safety and will open a new track for battery safety in the energy storage industry. 【02 1.5 Cells Per Second】The 60GWh Super Energy Storage Factory Facilitates Mass Production To support the mass production of Mr. Big's large battery cells, EVE Energy's 60GWh Super Energy Storage Factory officially commenced operations on December 10th. EVE Energy has established a virtual factory leveraging digital twin technology, creating a super intelligent factory that integrates automation, digitization, and low-carbon processes. In the face of mass production, the size of large batteries poses challenges to production lines and manufacturing processes, comparable to the difficulties faced during the development phase. The 60GWh Super Energy Storage Factory at EVE Energy employs over 80 advanced industry technologies, featuring automated production across the entire process. The company holds 140 intellectual property rights related to core equipment and products. It can be said that this production line and factory are tailor-made for Mr. Big. One set of figures illustrates the efficiency of EVE Energy's Super Energy Storage Factory: the production line can achieve an average output of 1.5 battery cells per second from material feeding to finished batteries; it completes four entire battery packs in one minute; produces over 40 containers of 5MWh daily; and can deliver 1GWh output in just five days. For a more intuitive concept: 1GWh of batteries, calculated at a charge and discharge cycle of 300 times a year, can satisfy the annual electricity demand of 300,000 households. Furthermore, taking advantage of Jingmen's unique industrial environment and geographical location, the integration of upstream and downstream supply chains around the super factory has emerged, enabling wall-to-wall supply, significantly reducing logistics and warehousing costs, improving collaboration efficiency, and forming advantages in industrial agglomeration development, thus ensuring delivery capabilities. In terms of quality management, the product defect rate has reached the PPB (Parts Per Billion) level. By constructing an extreme manufacturing standard system and defining ten core indicators for globally leading battery cell manufacturing, EVE Energy adheres to an extremely rigorous management philosophy focused on eliminating dust. The factory management spans from macro-level cleanliness to micro-level 0.5μm dust CLASS 5 control, ensuring quality through competency. Simultaneously, an image database of various control points has been established, along with the introduction of equipment health models, BP neural networks, knowledge graphs, and AI autonomous tuning to achieve digital closed-loop quality management. Each product is also equipped with a "data package" and a "battery passport" for one-click full lifecycle traceability. Additionally, this factory is currently the largest single energy storage factory in the industry, with a single line capacity exceeding 15GWh (while the highest capacity for current Japanese and Korean battery companies is only 3-4GWh). With the commissioning of the energy storage super factory and the mass production of Mr. Big, EVE Energy's global capacity construction process has been accelerated, ensuring sufficient capacity supply to meet customer and market demands. As the first company in the industry to achieve mass production of 600Ah+ large capacity battery cells, EVE Energy's forward-looking layout has begun to see practical applications. In this challenging and opportunity-filled arena of energy storage, we look forward to EVE Energy contributing significantly to the global energy transition and sustainable development.
WUHU, China, Dec. 12, 2024 /PRNewswire/ -- Recently, Chery Auto released an unconventional and engaging video that takes viewers on an intriguing journey through its cutting-edge crash test lab. Through the unique perspective of a newly "hired" crash test dummy, the video vividly demonstrates the exceptional safety performance of TIGGO 8, offering viewers fresh insights into automotive crash testing. It also highlights Chery's unwavering commitment to providing top-notch safety for every user. https://youtu.be/f3dl8QzsloI?si=OSch9grPCB5aYoB5 The video begins with its protagonist—a highly realistic crash test dummy—humorously sharing his "work experience" with the audience. He recounts his mixed emotions during his first crash test, describing nervousness and excitement. Yet, above all, he expresses pride and honor in being part of a mission to safeguard human lives. The video then shifts to Chery's Crash Test Center, a massive facility covering an area of 32,000 square meters and built with an investment of RMB 150 million. The center impresses with its advanced equipment and professional testing environment. Here, a professional team utilizing cutting-edge equipment and a wealth of accumulated testing experience has developed several safe and reliable products. Among them, the safety performance of the TIGGO 8 stands out. In the video, the crash test dummy highlights the outstanding safety performance of TIGGO 8, which boasts a high-strength integrated body structure made with over 60% high-strength steel and several ultra-high-strength hot-stamped components from Benteler. According to the dummy, this design provides a level of protection comparable to a "solid shield." Whether undergoing frontal collisions, side impacts, or rear-end tests, TIGGO 8 dissipates crash energy through its robust body structure. Combined with 9 multi-angle airbags and an advanced occupant restraint system, it minimizes the impact on passengers to the greatest extent. This video showcases Chery's technological excellence in automotive safety and connects with audiences through its lighthearted and engaging storytelling. With the crash test dummy completing his own "good job" in a live crash test, the video metaphorically mirrors Chery's outstanding performance in ensuring safety across its vehicle lineup. By presenting its safety philosophy and technological innovations in such a distinctive way, Chery has undoubtedly set a new benchmark for the automotive industry.
BEIJING , Dec. 12, 2024 /PRNewswire/ -- According to statistics recently released on the official website of the General Administration of Customs, the total value of China's goods trade reached 39.79 trillion yuan ($5.6 trillion) in the January-November period, expanding by 4.9 percent year on year. China's exports accounted for 23.04 trillion yuan, up 6.7 percent, while imports reached 16.75 trillion yuan, up 2.4 percent. This growth builds on China's position as the world's largest goods trading nation for seven consecutive years, with a share in world exports of 14.2 percent in 2023. It underscores the rising role of cost-effective "Made in China" products in the global industrial and supply chains. The release of this foreign trade "report card" once again highlights the resilience and vitality of the Chinese economy. Currently, global trade is characterized by a mix of opportunities and challenges. According to the Global Trade Update released last week by the United Nations Conference on Trade and Development, global trade is poised to hit a record $33 trillion in 2024, representing an annual growth rate of 3.3 percent. This indicates that global trade continues to demonstrate strong resilience despite numerous challenges. Meanwhile, developing economies are facing pressures from slowing growth, particularly in traditional industries such as energy and metals, which are experiencing downward trends. Moreover, the risks of escalating trade frictions and persistent geopolitical challenges add uncertainty to the outlook for global trade. In this context, China's "report card" is hard-won. From a structural perspective, exports of mechanical and electrical products grew by 8.4 percent year-on-year during the January-November period, with integrated circuit exports rising by 20.3 percent, surpassing the overall export growth rate. While the "new three" items continue to lead foreign trade development, exports of containers increased by 108.7 percent, and ships by 65.3 percent, becoming new growth drivers for foreign trade. From a market distribution perspective, trade with Belt and Road Initiative (BRI) partner countries grew by 6 percent in the first 11 months, while trade with ASEAN countries increased by 8.6 percent. Chinese enterprises have been actively expanding their diversified international markets, particularly by deepening cooperation with ASEAN and other BRI partner regions. From a model perspective, cross-border e-commerce exports have shown strong momentum, with imports and exports increasing by 11.5 percent year-on-year in the first three quarters. The "small orders and quick response" model has breathed new life into the exports of traditional labor-intensive products such as clothing and apparel. Digital trade tools have significantly reduced trade costs for businesses and improved their trade efficiency. In addition, domestically produced electric tricycles and outdoor products have emerged as new "blockbusters," while specialty agricultural products are rapidly entering international markets. A range of "small but exquisite" products has quickly gained popularity overseas, becoming new highlights driving foreign trade development. Notably, China's foreign trade is increasingly characterized by a shift toward being "green," "intelligent," and "innovative." Supported by a comprehensive manufacturing system, China not only efficiently and cost-effectively meets the diverse needs of global markets but also enhances production efficiency and product quality through intelligent manufacturing and digital transformation. This technology-driven upgrade has enabled "Made in China" products to shed the label of "cheap," achieving a balance between quality and affordability that improves its competitiveness in international markets. Particularly, through technological innovation and flexible adjustments, China's manufacturing sector continues to adapt to complex global dynamics, elevating its "cost advantage" into a "system advantage," and positioning China as a critical stabilizing force in the global industrial and supply chains. The overall growth in import and export data this year indicates that China is not only contributing "Made in China" products to the world but is also opening its doors to provide a large market and new opportunities for countries around the globe. From Rwandan honey and Ugandan wild aquatic products to Chadian peanuts and sesame, an increasing number of African agricultural products are arriving in China. With the official implementation of zero-tariff treatment for 100 percent tariff lines given by China to all least developed countries that have established diplomatic relations with China starting in December, and with the official launch of the new land-sea corridor of "from Chancay to Shanghai," China's initiatives of "opening up," "building roads," and "connectivity" are allowing other countries to share in the dividends of China's high-quality development through the bridge of trade. The global supply chain is akin to an ecosystem, where various nodes are interdependent and co-evolve. China is not merely a participant in this system; it is a key node that links and empowers the entire system. In recent years, through its resilience and innovative capabilities, China has transformed the pressures of de-globalization into a driving force for industrial upgrading, adopting a more open and inclusive stance to build a more diversified market and partnerships. From the supply of production materials to the market for consumer goods, China offers not only tangible products but also a systematic solution with unique advantages. China's extensive global trade "circle of friends," driven by cooperation and mutual benefit, is becoming increasingly solid, continuously injecting certainty and growth momentum into the global economy.
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