Industry
Minerals
US housing recovery drives NB forestry exports
EDC forecasts double-digit growth this year and in 2015.
Orbite awarded green chemistry award
Technology eliminates toxic red mud, but also retrieves rare earths and other valuable elements.
WTO upholds ruling against China’s rare earths curbs
Trade rules violated, appeal didn’t demonstrate export quotas are justified.
Orbite begins construction of HPA plant
Commercial production of high-purity alumina begins in Q1 of 2015.
Canada-EU trade deal clears major hurdle with deal on final text
The Harper government says the deal will boost bilateral trade by 20%, an increase of $12 billion in Canada’s annual income.
SNC Lavalin awarded contract for Quebec diamond mine
Stornoway mine is expected to make Quebec the sixth-largest producer of diamonds in the world.
PyroGenesis signs $12.5M contract for powder production systems for 3D printing
Company’s backlog now exceeds $20 million in contracts.
FerroAtlántica investing $400M for Quebec silicon metal factory
New plant will create 345 jobs and produce 100,000 tonnes per year.
Spending on major projects hits record high in Atlantic Canada, report says
The 439 projects are worth a record $122 billion in investment, up 7% over last year.
Wynne promises $1B for Ring of Fire, with or without Harper’s help
The massive chromite deposit would be a big boon to the province’s economy and create jobs in northern communities, the premier says.
Former Chinese mining tycoon sentenced to death
State condemns Liu Han for leading crime gang that killed rivals.
5N Plus acquires metallic powders manufacturer
AM&M manufactures micron size metallic powders for electronic components.
Ontario exports to grow as US demand surges: EDC
Metal ores and industrial machinery to be the main drivers.
Celestica CEO sees semiconductor industry as priority for growth
After losing its contract with Blackberry, the company is diversifying its customer base.
Asian toe-hold
Pros and cons of the South Korea deal.
