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New Zealand Steel
New Zealand Steel Limited is the owner of the Glenbrook Steel Mill, the steel mill located 40 kilometres south of Auckland, in Glenbrook, New Zealand. The mill was constructed in 1968 and began producing steel products in 1969. Currently, the mill produces 650 000 tonnes of steel a year which is either domesticity used or exported. Over 90% of New Zealand's steel requirements are produced at Glenbrook while the remaining volume is produced by Pacific Steel, a steel recycling facility in Otahuhu, Auckland. The mill is served by the Waiuku and Mission Bush Branches, Mission Bush Branch railway line, which was formerly a branch line to Waiuku. Coal and lime trains arrive daily. Steel products are also transported daily. The mill employs 1,150 full-time staff and 200 semi-permanent contractors. New Zealand Steel is notable due to its unique utilization of ironsand as its ore. Because ironsand is a low grade ore with many contaminants, the mill's primary plants' operations and equip ...
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Auckland
Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The most populous urban area in the country and the fifth largest city in Oceania, Auckland has an urban population of about It is located in the greater Auckland Region—the area governed by Auckland Council—which includes outlying rural areas and the islands of the Hauraki Gulf, and which has a total population of . While European New Zealanders, Europeans continue to make up the plurality of Auckland's population, the city became multicultural and cosmopolitan in the late-20th century, with Asians accounting for 31% of the city's population in 2018. Auckland has the fourth largest foreign-born population in the world, with 39% of its residents born overseas. With its large population of Pasifika New Zealanders, the city is also home to the biggest ethnic Polynesian population in the world. The Māori-language name for Auckland is ', meaning "Tāmak ...
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Department Of Scientific And Industrial Research (New Zealand)
The Department of Scientific and Industrial Research (DSIR) is a now-defunct government science agency in New Zealand, founded in 1926 and broken into Crown Research Institutes in 1992. Foundation DSIR was founded in 1926 by Ernest Marsden after calls from Ernest Rutherford for government to support education and research and on the back of the Imperial Economic Conference in London in October and November 1923, when various colonies discussed setting up such departments. It initially received funding from sources such as the Empire Marketing Board. The initial plans also included a new agricultural college, to be jointly founded by Auckland and Victoria University Colleges, Palmerston North was chosen as the site for this and it grew to become Massey University. Structure DSIR initially had five divisions: * Grasslands in Palmerston North * Plant Diseases in Auckland * Entomology, attached to the Cawthron Institute in Nelson * Soil Survey (later Soil Bureau) in Taita * A ...
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Kilns
A kiln is a thermally insulated chamber, a type of oven, that produces temperatures sufficient to complete some process, such as hardening, drying, or chemical changes. Kilns have been used for millennia to turn objects made from clay into pottery, tiles and bricks. Various industries use rotary kilns for pyroprocessing—to calcinate ores, to calcinate limestone to lime for cement, and to transform many other materials. Pronunciation and etymology According to the Oxford English Dictionary, kiln was derived from the words cyline, cylene, cyln(e) in Old English, in turn derived from Latin ''culina'' ("kitchen"). In Middle English the word is attested as kulne, kyllne, kilne, kiln, kylle, kyll, kil, kill, keele, kiele. For over 600 years, the final "n" in kiln was silent. It wasn't until the late 20th century where the "n" began to be pronounced. This is due to a phenomenon known as spelling pronunciation, where the pronunciation of a word is surmised from its spellin ...
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Metallurgical Furnace
A metallurgical furnace, more commonly referred to as a furnace, is a device used to heat and melt metal ore to remove gangue, primarily in iron and steel production. The heat energy to fuel a furnace may be supplied directly by fuel combustion, by electricity such as the electric arc furnace, or through induction heating in induction furnaces. There are several different types of furnaces used in metallurgy to work with specific metal and ores. Smelting furnaces Smelting furnaces are used in smelting to extract metal from ore. Smelting furnaces include: * The blast furnace, used to reduce iron ore Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the ... to pig iron ** Cold blast ** Hot blast * Steelmaking furnaces, including: ** Puddling furnace ** Reverberatory furnace ...
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Pipeline Transport
Pipeline transport is the long-distance transportation of a liquid or gas through a system of pipes—a pipeline—typically to a market area for consumption. The latest data from 2014 gives a total of slightly less than of pipeline in 120 countries of the world. The United States had 65%, Russia had 8%, and Canada had 3%, thus 76% of all pipeline were in these three countries. ''Pipeline and Gas Journals worldwide survey figures indicate that of pipelines are planned and under construction. Of these, represent projects in the planning and design phase; reflect pipelines in various stages of construction. Liquids and gases are transported in pipelines, and any chemically stable substance can be sent through a pipeline. Pipelines exist for the transport of crude and refined petroleum, fuels – such as oil, natural gas and biofuels – and other fluids including sewage, slurry, water, beer, hot water or steam for shorter distances. Pipelines are useful for transporting wat ...
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Waikato North Head
Otaua is a rural settlement in the Waikato District and Waikato region of New Zealand's North Island. It is located south of Waiuku and west of Aka Aka, on the northern side of the Waikato River. The Otaua area includes the Waikato North Head on the northern side of the Waikato River mouth, opposite Port Waikato to the south. The Waikato North Head ironsand mine, just south of the settlement, produces up to 1.2 million tonnes of ironsand a year, for use in the New Zealand Steel mill at Glenbrook. The deposit is estimated to contain more than 150 million tonnes in total. The ironsand is processed on-site with a series of separation processes with river water, before the slurry is pumped to the Glenbrook mill through an 18-kilometre underground pipe. The name ''Otaua'' is a contraction of ''Te Takanga-o-Tauaiwi'', a reference to the falling of Tauaiwi, a descendant of Hotonui of the Tainui waka. Tauiwi was killed at Otaua by Tāmaki Māori and his body fell into a disused pit. ...
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Opencast Mine
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow. This form of mining differs from extractive methods that require tunnelling into the earth, such as long wall mining. Open-pit mines are used when deposits of commercially useful ore or rocks are found near the surface. It is applied to ore or rocks found at the surface because the overburden is relatively thin or the material of interest is structurally unsuitable for tunnelling (as would be the case for cinder, sand, and gravel). In contrast, minerals that have been found underground but are difficult to retrieve due to hard rock, can be reached using a form of underground mining. To create an open-pit mine, the miners must determine the information of the ore that is underground. This is done through drilling of probe holes in the ground, then plotting ea ...
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BlueScope
BlueScope Steel Limited is an Australian flat product steel producer that was spun-off from BHP Billiton in 2002. History BlueScope was formed when BHP Billiton spun-off its steel assets on 15 July 2002 as BHP Steel. It was renamed BlueScope on 17 November 2003. Early in 2004, BlueScope merged with the American firm Butler Manufacturing. Such a merger was considered a strategic move for both companies as they were similar in character and non-overlapping in the markets they operated in, such that acquisition of Butler, based in Kansas City, Missouri, would provide BlueScope with access to United States and Chinese markets. Butler was founded in 1901, operated in sixteen countries and focused on non-residential building and building component construction. At the time of the merger, Butler had a dozen production facilities across the United States, China and Mexico. In 2007, the company acquired four companies consisting of most of the United States holdings of the Argent ...
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Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685  billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance ...
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ANZ Bank New Zealand
ANZ Bank New Zealand Limited (commonly referred to as ANZ) is a New Zealand banking and financial services company, which operates as a subsidiary of Australia and New Zealand Banking Group Limited of Australia. ANZ is one of New Zealand's big four banks, and is the largest bank in New Zealand with approximately 30% of market share as of March 2021. Australia and New Zealand Banking Group bought the National Bank of New Zealand from Lloyds Bank in 2003. The banks operated as separate brands until 2012, when they were unified under the ANZ brand. The company was renamed ANZ Bank New Zealand in 2012, following the withdrawal of the National Bank brand. ANZ provides a number of financial services, including banking services, asset finance, investments and payment services. History 19th century In 1840, Union Bank of Australia (UBA), a British bank with head office in London, agreed with the New Zealand Company to accompany settlers to New Zealand to provide them with banking servi ...
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Fisher & Paykel
Fisher & Paykel Appliances Holdings Ltd () is a major appliance manufacturer which is a subsidiary of Chinese multinational home appliance manufacturer Haier. It is a multinational corporation based in East Tāmaki, New Zealand. Originally an importer of domestic refrigerators, Fisher & Paykel now holds over 420 patents and bases its identity on innovative design, particularly in the areas of usability and environmental awareness. The company's trademarked appliances include Active Smart refrigerators, AeroTech ovens, DishDrawer dishwashers, Smart Drive washing machines and Smartload top loading dryers. The company also manufactures gas and electric cooktops. In 2004, Fisher & Paykel Appliances purchased the United States-based cookware manufacturer Dynamic Cooking Systems, and Italian cookware company Elba in 2006. Fisher & Paykel had grown into a global company operating in 50 countries and manufacturing in Thailand, China, Italy and Mexico. The company had a manufactur ...
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Black Monday (1987)
Black Monday is the name commonly given to the global, sudden, severe, and largely unexpected stock market crash on Monday, October 19, 1987. In Australia and New Zealand, the day is also referred to as ''Black Tuesday'' because of the time zone difference from other English-speaking countries. All of the twenty-three major world markets experienced a sharp decline in October 1987. When measured in United States dollars, eight markets declined by 20 to 29%, three by 30 to 39% (Malaysia, Mexico and New Zealand), and three by more than 40% (Hong Kong, Australia and Singapore). The least affected was Austria (a fall of 11.4%) while the most affected was Hong Kong with a drop of 45.8%. Out of twenty-three major industrial countries, nineteen had a decline greater than 20%. Worldwide losses were estimated at US$1.71 trillion. The severity of the crash sparked fears of extended economic instability or even a reprise of the Great Depression. The degree to which the stock market crash ...
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