production
-
Monumental Energy: Copper Moki-2 Well Workover Complete, Commercial Production Resumes in New Zealand
Monumental Energy Corp. announces the successful completion and resumption of commercial production at its Copper Moki-2 well in New Zealand’s Taranaki Basin. The CM-2 workover aimed to boost output from the Mt. Messenger sands, with encouraging early data. The company plans to restart CM-1 soon, anticipating increased production and revenue, especially as the location is now integrated into the gas network.
-
Lychee Prices Plunge 70% Due to Increased Production & Lower Logistics Costs
Lychee prices have plummeted by 70% due to increased production and lower transportation costs, creating a supply glut. Wholesale prices for varieties like *Fei Zi Xiao* are around $0.70-$0.77 per pound. Despite lychees’ traditional health benefits and nutritional value according to Traditional Chinese Medicine, overconsumption is discouraged. Moderation is especially advised for those with specific health concerns.
-
HKC Invests 10 Billion Yuan in M-LED Display Chip Plant in Nanchong
Huike, a consumer electronics leader, announced a 10 billion yuan investment in a new M-LED chip manufacturing facility in China. The project in Shunqing District aims for a monthly production capacity of one million full-color M-LED display chips, with phase one targeting 150,000 chips. This investment reinforces Huike’s strong position in the display sector and its commitment to advanced display technologies for various applications, including TVs, monitors, and automotive displays.
