Global Scans · Manufacturing · Weekly Summary

• [New] 6G communications are expected to boost global growth and productivity, create new business models, and transform many aspects of society. SpringerLink
• [New] The current account is expected to record a small deficit in 2023, and gradually expand to minus 1.4% of gross domestic product by 2026 as lower commodity prices and weaker global growth hamper exports. The Jakarta Post
• [New] In the short term, there may be factory capacity in Europe that was expected to be utilised for US-projects that now opens up. Renewablesnow.com
• [New] In the short term, expanded production of munitions will be essential to Ukraine's ability to degrade the Russian military. Foreign Affairs Magazine
• [New] In just a few years, the acceleration of AI spending in IT will rise to 40% and manufacturers will prioritize the use of AI to increase revenue and decrease costs. Diginomica
• [New] In a world that is rapidly transformed by technology, robotics and artificial intelligence will reshape industries and redefine societal norms. United Nations University
• [New] Manufacturers can mitigate risks, uphold consumer trust, and ensure that canned foods remain a safe and reliable food choice for consumers worldwide. Food Business Review
• [New] There are early applications for low-CI hydrogen that Air Products believes will enable customers to use hydrogen in their processes. POWER Magazine
• [New] With a first-mover advantage, CHARBONE Hydrogen remains North America's only publicly traded pure-play green hydrogen company and presents an opportunity for investors to buy into an innovative company that is now just months away from launching production. Stockhouse
• [New] Silver production at the Galena Complex is expected to increase immediately with the completion of the development on the 2400 Level, followed by lateral development on both the 3700 Level and 4600/4900 Levels, which will expose new mining areas in the second half of the year. Yahoo Finance
• [New] On a 100% basis, Greenstone is expected to produce between approximately 175,000 and 208,000 gold ounces in 2024, and average annual production of approximately 400,000 gold ounces over an initial mine life of 14 years. Yahoo Finance
• [New] India's manufacturing industry is expected to reach $1 trillion by 2025-26 driven by emerging themes such as advanced technologies, sustainable practices, Industry 4.0, a focus on local manufacturing, AI integration, 3D printing adoption, and IoT-driven processes. CNBCTV18
• [New] Gold production is expected to increase in North America (+5 t y/y) and Central and South America (+3 t y/y) due to higher output from Canada and Brazil, respectively. World Gold Council
• [New] Hefty new charges on some imported food products will come into effect, threatening to reduce consumer choice and push up prices not long after UK food inflation fell from double-digit rates. CNN
• Construction is underway on the Floating Production Storage and Offloading vessels for the Yellowtail and Uaru projects, with Yellowtail anticipated to start production in 2025 and Uaru targeted for 2026. ExxonMobil
• Since PFNA is environmentally persistent and products containing PFNA are still in use and may be imported into the U.S., there is a substantial likelihood that environmental contamination of sources of drinking water will continue. Federal Register
• Since PFHxS is environmentally persistent and products containing PFHxS are still in use and may be imported into the United States, the EPA anticipates environmental contamination to sources of drinking water will continue. Federal Register
• Swave Photonics has started offering development kits for the HXR technology to device manufacturers, with availability expected in the second half of 2024. Display Daily
• Purdue Lunabotics will be one of dozens of college teams from around the country that have designed and built remote-controlled mining robots capable of performing proposed construction operations on a simulated Lunar regolith surface. Elmore Family School of Electrical and Computer Enginee
• TSMC is currently using the age-old FinFET process for its N3 (3 nm) process, but it's expected to transition to nanosheet GAA transistors when it begins production at 2 nm in 2025. ExtremeTech

Last updated: 05 May 2024