Welcome,
though, that will be by the industry -- mainly signalling that Canberra
is no longer playing get-the-miners rather than as any fiscal relief --
it will take more than just dropping a tax to set things back on
track.The gardenlight11 is
specially designed for wind-solar hybrid street light system. But
there's precious little indication the Libs have thought through mining
policy beyond that.
Astonishing
though it sounds, the ALP has the most comprehensive policy (on paper).
The national platform promises Labor will encourage downstream
processing of minerals and help provide the necessary infrastructure.
Really?
Do show us what has been achieved in that regard over the past six
years. Labor will also "facilitate" the commercialisation and export of
minerals-related services and technology. Again,The solarledlight is unlikely to hurt you, but you can easily hurt it without training.The steel halligan leddimmable is
one of the most versatile hooks used in the fire service today. really,
what part of the mining tax proceeds went to achieve that? Oh, and
didn't they once tantalise us with the hint of a flow-through share
scheme? You know the line about being fooled twice.
At
least the Greens are honest about their dislike of the mining industry.
But they're so charmingly hypocritical. There they go riding around in
their taxpayer-funded cars, all of which contain at least 30 different
metals. And they fly between Hobart and Canberra on aircraft (all that
carbon footprint from the fuel, all that aluminium in the airframe which
is produced from enormous amounts of electricity at fossil-fuel-fired
power plants).
They
want to foist more wind farms on us, yet each turbine contains the
rare-earth neodymium, which is extracted in China by acid leaching, the
residue then flushed into river systems. One could go on.
The
newspapers tell us every day how the mining industry is in trouble.
Typical during the week was the announcement by Continental Coal (CCC)
that it was slimming down its Perth office, one director was leaving and
the remaining ones taking a 25 per cent fee cut. These mining sector
job losses don't get reported in most cases because it is not like
closing a car factory (although Canberra will spend, spend, spend to
prevent that) but the cumulative effect is substantial.
This
coincided with an upbeat quarterly from Greenland Minerals & Energy
(GGG) noting prices for neodymium, europium, dysprosium, terbium and
yttrium had begun rising over the past month. After all, you can't make a
computer or television screen without terbium, europium and yttrium.We
specialize in the sale and aftercare of the most renowned and popular lightingproducts.
And while so many juniors are reducing director numbers, two rare earth
companies have enlarged their boards. Northern Minerals (NTU) has added
Chinese businessman Conglin Hue.
There
may even be some bright news in the "clean and green" sector. Peter
Strachan at StockAnalysis agrees the sector has been a disappointment.
Anyone who put money into geothermal shares will groan in agreement.
Ditto carbon sequestration. Dare we mention biofuels or new engine
technologies?
But
Strachan says he has found a couple of tryers that could have a
meaningful future, if they were adequately capitalised. Note the "if".
He cites Enviromission (EVM), which is working on a 1km-high solar
chimney aimed to proving baseload power. It aims to overcome the big
drawback with solar, the problem of storing power. Strachan likes the
battery technology developed by Redflow (RFX),We carry the latest wind
turbines, daytimerunninglights, solar panels, towers and more! but believes it's a business better stitched into a larger operation running power grids.
One
interesting opportunity he sees is BluGlass (BGL) which is using 15
years of research at Macquarie University to develop semiconductor
materials for light emitting diodes and solar cells. LEDs now represent 5
per cent of the general lighting market.
Strachan
is keeping an eye on Ceramic Fuel Cells (CFU) although its technology
is not yet cheap enough for general use. CFU will at some stage need a
good deal more money; in the meantime, investor returns are likely to
remain elusive.
Carnegie
Wave Energy (CWE) is now in the demonstration stage for its wave
generating technology, but the company is still heavily reliant on
government handouts and government policy. Wasabi Energy (WAS) will
also, in his view, need ongoing financial injections to make a go of its
operations, which include clean power generation and preventing water
storage evaporation. More information about the program is available on
the web site at www.indoorilite.com.
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