According to a survey report conducted recently by China Geological Survey Development Research Center, in the first half of 2014, China’s mineral exploration market continued to decline, with the investment in exploration of non-fuel minerals dropping by 13.7% and drilling workload dropping by 21.7%.
Metal working fluids are oils that are used to cool and lubricate metal work pieces when they are subject to processes such as machining, grinding, and milling. Metal working fluids reduce the heat and friction between the cutting tool and the work piece, and prevent burning and smoking. Metal working fluids also enhance the quality of the work piece by constantly removing the metal chips from the tool used, and from the work piece. There are generally four product segments of metal working fluids: Removal Fluids, Forming Fluids, Protection Fluids, and Treating Fluids.
PIM is used for manufacturing products such as medical devices, aerospace components, and automotive components using net-shaping techniques. Powder (metal or ceramic) is injected into an injection molding machine and then molded into precise designs as per specifications. PIM is useful in manufacturing complex product components in high volumes.