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Rio Tinto and First Quantum Minerals partner to progress the La Granja copper project in Peru

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Rio Tinto and First Quantum Minerals (FQM) have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Cajamarca, Northern Peru, one of the largest undeveloped copper resources in the world. USGS map of global mineral resources.

Peru 273
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Street network patterns reveal global trend towards increasing urban sprawl

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New research from McGill University and the University of California, Santa Cruz has found that the local streets of the world’s cities are becoming less connected, a global trend that is driving urban sprawl and discouraging the use of public transportation. Different forms of gated communities were also found to be on the rise globally.

Global 195
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LME copper prices at 9-year high

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That prices should be at such elevated levels during the middle of the Chinese Lunar New Year holidays, when Mainland buyers are absent from the market, raises the spectre of whether commodities are poised for a new super-cycle, driven by the increasing demand for renewable energy to meet global decarbonization targets, Roskill said.

Price 399
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Foton Motor to extend cooperation with Cummins; second stage of the “China Super Truck” program

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At the 8 th US-China Energy Efficiency Forum in Denver, Foton Motor and Cummins signed a Memorandum of Green Power and Smart Truck Cooperation Development. Under the MoU, Foton Motor and Cummins will launch an in-depth cooperation to boost energy-saving, low-carbon and green development.

China 170
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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 General Motors Co. Data: Scotiabank.

2015 150
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Hyundai introduces next-gen heavy-duty truck at 2013 Seoul Motor Show; 7% improvement in fuel economy

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Hyundai Motor Company’s commercial division unveiled its new heavy duty truck Xcient at the 2013 Seoul Motor Show. Hyundai Xcient will go on sale in the second half of this year with a target of 60,000 global sales by 2017. Hyundai is set to hold events for the new car in overseas markets including Peru and Russia.

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Scotia Economics report sees double-digit increase in global vehicle production in first half of 2011; China to surpass European vehicle output this year

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Rising global vehicle sales and profitability have encouraged automakers to continue to increase vehicle production, providing the global economy with some positive offset to the dampening impact of the recent surge in energy prices, according to the latest Global Auto Report released on Friday by Canada-based Scotia Economics.

2011 199