The World Bank expects global economic growth to slow significantly, from 5.5% in 2021 to 4.1% in 2022 and further to 3.2% in 2023. Growth in East Asia and the Pacific is expected to slow to 5.1 percent in 2022, reflecting the impact of China's economic slowdown, the report said. China's economic growth is expected to fall to 5.1% in 2022, close to potential growth, due to the ongoing impact of the COVID-19 pandemic and the Chinese government's tightening of regulations in certain sectors of the economy. The report said that the rapid spread of the Omicron variant means that the new crown epidemic is likely to continue to disrupt economic activity in the near future. In addition, decelerating growth in major economies, including the United States and China, will depress external demand in emerging markets and developing economies.
Slow economic growth has a huge impact on graphene.
Not long ago, Ren Zhengfei claimed in an interview with the media that a technological revolution would break out in 10 to 20 years. "I think the biggest subversion of this era in the future will be the subversion of the silicon era by the graphene era." The limit is seven nanometers, which is close to the boundary, and graphite is at the forefront of the technological revolution." What is the sacredness of the graphene mentioned here? Can it bring about disruption?
Graphene — a two-dimensional carbon film just one atom thick — is an excellent material. Although the name has the word graphite, it neither depends on the reserves of graphite nor the characteristics of graphite at all: graphene is highly conductive, bendable, and has good mechanical strength, and it looks pretty like a magical material in the future. Another list of its potential uses—protective coatings, transparent bendable electronics, ultra-capacity capacitors, etc.—would be a world-changing invention. Even the 2010 Nobel Prize in Physics was awarded to it!
But it has been ten years since its birth; where is my transparent phone?
In fact, in 2012, Konstantin Novoselov, who won the Nobel Prize for graphene, and his colleagues published an article in "Nature" to discuss the future of graphene and its development in the past two years has also Basically proved their prediction. He believes that graphene "has a bright future and a tortuous road as a material." Although it may play a significant role in the future, this scenario will not come until several significant difficulties are overcome. More importantly, given the enormous cost of industrial renewal, the benefits of graphene may not be enough to allow it to replace existing devices simply—its real promise may lie in entirely new applications tailored to its unique properties.
What is the fate of graphene?
Because there have been no breakthroughs in the academic world in the past few months, the recent wave of sudden "hotness" may be the result of capital operation's hype and should be treated with caution. As an industrial technology, graphene appears to have many hurdles to overcome. Novoselov pointed out that the current application of graphene is still limited by material production, so those products that use the lowest and cheapest graphene (such as graphene oxide nanoparticles) will be the first to be available, which may only take a few years; But those products that rely on high-purity graphene could be decades away from developing. Novoselov remains skeptical about whether it can replace the existing product line.
On the other hand, if the commercial world exaggerates its magic, it may cause the graphene industry to become a bubble; if it bursts, perhaps technological and industrial progress will not be able to save it. Science author Philip Barr once wrote, "Don't expect miracles from graphene" in The Guardian, pointing out that all materials have their application: steel is hard and heavy, wood is light but perishable, even if it seems "universal" In fact, the plastic is also a variety of very different polymers. Graphene is bound to play a huge role, but there is no reason to think it could be a miracle material and change the world. Or, in Novoselov's own words: "The true potential of graphene can only be fully realized in entirely new fields of application: those designed with this material property in mind, rather than replacing existing ones. Other materials in the product." As for whether the current new fields such as printable and foldable electronics, foldable solar cells, and supercapacitors can realize their potential, let us wait and see calmly.
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Southern Copper Corp (SCCO.N) recently said its Peruvian mine remained closed after a six-week standoff with protesters and blamed the Peruvian government for failing to intervene in the safety of its 1,300 workers and their families.
The company said in a statement that a recent agreement to end protests at the Cuajone mine required the company to withdraw complaints against protest leaders because railways transporting minerals and supplies remained blocked. Production has been suspended since the end of February.
Peru's Energy Ministry said in a separate statement that it had also reached an agreement with Southern Copper to start talks to find common ground with local communities.
"If we shut down for a year, the government will stop receiving more than 3.1 billion soles ($830 million) in taxes and royalties, and 8,000 direct and indirect jobs will be lost. This is what we want to avoid, "Southern Copper added in the statement.
Peru has faced a wave of protests from indigenous communities, who accuse mining companies of not providing enough jobs and funding to poor local residents.
Central bank officials said last week that protests against copper mines such as MMG's Las Bambas and Southern Copper's Cuajone were dragging down the economy.
Peru is the world's second-largest copper producer and mining is an important source of tax revenue for the country. It is estimated that the supply and prices of the graphene will be influenced by that.
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