Wednesday, August 8, 2012

China surpass South Africa and India as top producer for another strategic metal

 Sahit Muja

Sahit Muja: China surpass South Africa and India as top producer for another strategic metal.

China produces nearly 95 percent of the world's rare earth materials and is the world's largest steel and stainless steel producer. Steel is the backbone of global economy.

China has become the world's largest ferrochrome production country. China has no chrome ore reserves and has become the world's largest ferrochrome producer.

Chrome ore is used in smelters to produce ferrochrome for stainless steel.Chrom ore is one of the most important industrial metals and there is no substitute. In the production of stainless steel there is no substitute for ferrochrome. China is the world's largest steel and stainless steel producer, accounting for half the world's output.

South Africa has about 75% of the world’s chrome reserves other producers are India, Kazakhstan, Zimbabwe , Turkey, Albania, Finland, Oman, Iran Pakistan and Brazil.India’s steel ministry, concerned over the depleting reserves of chrome ore has called for a complete ban of its chrome ore exports. India now have depleted chrome ore reserves to 38 million tonnes

A export duty of $100 tone on raw chrome ore was proposed in South Africa earlier this year. During the first half of the year, chrome ore exports to China was about 4.5 million tons, of which 2 million tons from South Africa.

The global ferrochrome supply and demand grew by 2% in the six months in 2012. China’s ferrochrom supply grew by about 18% this year.
Albanian Minerals expect that ferrochrome supply and demand to grow by 5% each by the end of 2012.

Stainless steel is very important and there is no substitute for it. Stainless steel does not corrode, rust, or stain with water as ordinary steel does.
Stainless steels of various kinds are used in thousands of applications in manufacturing, construction, cutlery, sinks, saucepans, washing machine drums, microwave oven liners, razor blades, cladding, handrails, door and window fittings, street furniture, structural sections, reinforcement bar, lighting columns, lintels, masonry supports
exhaust systems, car trim/grilles, road tankers, ship containers, ships chemical tankers, refuse vehicles, pressure vessels, process piping, platform accommodation, cable trays, pipelines, surgical instruments, surgical implants, MRI scanners.

Catering equipment, brewing, distilling, food processing, water and sewage treatment, water tubing, and hot water tanks.
The price of chrome ore and ferrochrome, an essential ingredient in stainless steel, is set to jump.

Sahit Muja
President and CEO
Albanian Minerals
New York

Saturday, July 21, 2012

China's demand for iron ore at record 1.8 billion tons in 2012.


 Sahit Muja
 Sahit Muja: China

Sahit Muja: China's demand for iron ore at record 1.8 billion tons in 2012.

Albanian Minerals expect that China's domestic iron ore mining to rise to 1.35 billion tonnes in 2012 and the global iron ore production to increase 3 billion tonnes up from 2.7 billion tons in 2011.
Albanian Minerals expect that iron ore demands in China to increase  to 1.8 billion tons in 2012 and 2 billion tons in 2013. China consumes over 60% of the world's entire iron ore supplies.

This year Chinese iron ore import is expected at 600 million tons a 10 % decrease from 2011.
China's Ministry of Land and Resources has announced proven iron ore reserves amounted to 50 billion tons in 2010, this will be enough for only 25 years at the consumption rate.

Albanian Minerals has estimated that global iron ore resources are estimated to exceed 850 billion ton. China, which consumes over 60% of the world's entire iron ore supplies need to buy 550 billion tons of iron ore, if it continue to dominate the world's steel market.

India's demand for iron ore is expected to increase as country has limited reserves. India's iron ore reserves total about 8 billion tons, this reserve may supply China for only 5 years.
In ten years India will need to buy huge amounts of iron ore. It is embarrassing how India sale cheap iron ore and Chrome ore to China, while current reserves are being depleted rapidly.

Albanian Minerals has a very good news for iron ore mining companies and countries with huge reserves, iron ore market has bright future regardless of the law price at this time.
The world population has reached 7 billion this population will drive up the demand for iron ore, chrome ore, copper, nickel, aluminum, steel to build, new roads, railways, airports, hospitals, schools, banks, infrastructure, water projects, energy projects, courts and legal system, new factories, houses, buildings, oil and natural gas refineries, power plants, wind energy turbines, solar power, cars, trucks, airplanes, ships, machinery and much, much, more.

World largest iron ore importing country keeps dominating global steel market, China to produce 750 million tons of steel in 2012.
Albanian Minerals predict that Chinese iron ore import to increase 20% in 2013 due to poorer domestic ore grade in Chinese. Iron ore output is increasing in China but never to meet the demands.

The price of iron ore  would go high in 2013 despite of supply increase from Australia, India, Africa and Brazil. The iron ore production cost in China is apparently higher than US $100 per tonne. Chinese iron ore import increased by around 68 million tonnes to 686 million tonnes in 2011 from 2010.

China's domestic iron ore output was higher than 110 million tonnes per month in 2012. China's rapid urbanization and industrialization has resulted in strong demand for iron and steel products. China is also one of the largest steel products exporting countries, domestic demand for iron ore is substantial.

Sahit Muja
 President and CEO
Albanian Minerals
New York

Friday, July 20, 2012

Markets: A $60 trillion global debt will boost gold prices


 Sahit Muja


 Sahit Muja: US Gold
Sahit Muja: Markets: A $60 trillion global debt will boost gold prices.

Printing money is only way out for US and Europe to pay $30 trillion in debt. US and EU can't print gold.
The gold is a safe haven from the inherent risks in global pyramid scheme money system. Gold is safe store of value. Paper debts, paper assets, paper currency, they can all default or deflate tremendously in value.

Paper is the hedge, not gold. When I look at the miserable balance sheets of the European Union, US, UK, Japan and many countries, I know the gold is only safe investment..
If the US government were a corporation, it would be bankrupt. Gold is certainly not a dangerous investment relative to others. Real Estate is still overpriced as are most stocks by many metrics.

There is some $60 trillion dollars of dollar global debt, $30 trillion of it owed by EU the USA. The ONLY way out for the mega-debtors is to inflate the euro and dollar - so inflate they will.
Given that the Fed and other central banks can inflate away the value of fiat money, and government's can print more money.The Federal Reserve has kept U.S. interest rates at virtually zero, with no sign of a hike on the horizon, thereby lowering the opportunity cost of buying gold.

The bankers have made speculators of us all. Thanks to the Fed, the stock market is once again all bubbled up and ripe to pop for the third time in 12 years. Housing prices still have not returned to historical multiples of income.
Albanian Minerals expect central banks in China, India, Saudi Arabia, Russia, EU, US to fuel demand for gold. China is stocking up on gold as it divests itself of its dollar and euro holdings but also is encouraging its increasingly affluent citizens to buy gold.

China will only be buying more gold in the future as it attempts to divest itself of some of its estimated $3.2 trillion in U.S. dollar reserves
To find new deposits of gold, mining companies must invest more in infrastructure and drill deeper into undeveloped areas to find the last remaining of gold.

Albanian Minerals expect that gold prices and demand is expected to increase from lots of factors, from increase in the world population and the decline of the gold production, from devaluation of currencies and geopolitical problems.

Sahit Muja
President and CEO
Albanian Minerals, New York

Sunday, July 15, 2012

India: Gold price and demand to pick up in second half of 2012.



Sahit Muja: Albanian Minerals
Sahit Muja: India: Gold price and demand to pick up in second half of 2012.
The gold prices rallied sharply on Friday. The Comex August contract rose $26.70 to settle at $1,592 an ounce. Idia is the top user of gold in the world .

Gold consumption in India rose to 970 tons in 2010.
Albanian Minerals predicts that Indian consumption of gold may climb to 1000 metric tons in 2012. Gold has traditionally been the most popular precious metal investment in India, where brides are often weighed down by their jewelery in a display of wealth and economic status.

The wedding season and beginning of the monsoon season in India and festivals increases the country's appetite for gold. India, gold consumption has been on the rise despite record high prices. About 11 million marriages held a year in India, and gold has traditionally been the most popular . India, which imports most of it's gold bought 815 metric tons of gold in 2011.

The Indian farmers in remote villages use bullion in the absence of banks for savings. The largest buyers of gold in India are farmers, around 70% of gold is bought in rural areas. Indian farmers also invest in gold because they don't trust the banks. Indian's view that gold as the best investment.

Albanian Minerals estimates that gold prices has increased 500% in 10 years . Gold price in 2002 was $309.74 an ounce. While markets have been uncertain in the last few years, gold has been an ideal investment and has provided consistent returns to Indian investors.

Albanian Minerals expect gold buying in India is set to rise . Devaluation of dollar, euro, economic problems, political tensions, inflation, and exchange rates are other factors that will also contributed to rising gold prices and demand.
Sahit Muja
President and CEO
Albanian Minerals, New York 

Wednesday, January 25, 2012

A 2 billion Muslims are under attack, is's time to start a jihad holy war.


 Sahit Muja: Saudi Arabia



Sahit Muja: A 2 billion Muslims are under attack, is's time to start a jihad holy war.

 Every single day countles of Muslims, Man, Woman and Children are killed at the hands of Muslims.
 The killer always blaming others and laid the blame on America and Western world.
It's not America's fault!

Is time for all Muslims to act and call a"jihad" holy war against tyranny, dictators, corrupted kings and terrorism.

Islam is in fact a religion that promotes peace and understanding among people of all faiths, and it strongly prohibits all forms of violence and aggression against all people regardless of their faith or race.

Islam strongly condemned terrorism and extremism, and warned of strict punishment for those who unjustifiably spilled blood.

Contrary to the common belief that is embodied in the misinterpretation of "jihad" as "holy war," Islamic jihad does not refer solely to fighting in the way of Allah. This, in fact, is a special case of jihad.

The Qur'anic concept of jihad refers to  fight against people that are killing the You, The family, Muslim believers. And The Jihad is to fight against agretion only  to defand the life and the religion for the sake of Allah  in Arabic  means One God.

This Permission to fight is that Muslims can be fighting back armed aggression, The holy Quran permits only a defensive fight.

The near 2 billion Muslims believe the Holy Quran is the living word of God.  

I am Muslim American with infinite love for Peace, Islam and  U.S of America
 I want 2 billion Muslims to protest against  the Thousands of innocent people killed this year from religious bigotry and radicals. Religious bigotry is the world's greatest danger.

The problem in U.S, Europe, India, Iraq, Pakistan, Israel and Afghanistan is that some people have violated the rights of God to people. They have tortured and killed men of God and violated human rights by raising the sword and calling it Jihad. The corruption is rife and man has become a beast.

The practice of attacking the people in The US, Israel, India, Iran, UK, Pakistan, Iraq and Afghanistan which they name as Jihad, is not the lawful jihad rather it contradicts the word of God and Prophet, and is utter sin.

Intolerance and bigotry and dogmatism are the bitterest enemies of all People upon earth. They make religion a tyrant and a persecutor. All religions come from one and the only God . All religions open their hearts to the same God .

Man has no right to demand that his neighbors shall address God after his pattern and shall pray in his own way and worship according to his liking and sacrifice unto God in the manner he does. It is for God to decide who amongst us is best in His sight".

As Albanian- American Muslim myself I have repeatedly warned Saudi Arabia, Iran, Syria, Yemen, Pakistan, Iraq and other Muslin nation that some institutions and mosques are hotbeds of Islamist radicalization.
Some of the institutions are making Islam religion a Tyrant and a Persecutor.

All religions come from one and the only God.
All religions make man equally good upon earth . All open their hearts to the same God .
Muslim people has no right to demand that other religions shall address God after Muslim pattern.

Religious freedom is granted by God and Man shall pray in his own way and worship according to his liking and sacrifice unto God in the manner he does. It is for God to decide who amongst us is best in His side. No man have a right to judge others for their believes.

Is God who will judge all of us.
It is time for mosques and relevant government bodies take on greater responsibility for the extremism that takes place in their own backyards. Is time for all Muslims to act against terrorism, Is time for all Muslim Government's to take responsibility.

Killing innocent people is a crime against God and all his Creation The majority of Muslims will find this crime  despicable. The principle of taking up arms in order to impose a single religious interpretation on others is at the core of Al-Qaeda’s jihadist ideology.
Muslims worldwide do not need Al-Qaeda’s  lecturing us on God and other religions.

 It is time for Muslims to stop planting the seeds of hate against others,. Since Islam is the religion of peace than stop preaching hate against others in mosques and madrases. Is a old say in Tropoje, Albania in  Albanian "What you plant you will harvest.
Sahit Muja
President & CEO
Albanian Minerals
New York

Monday, January 23, 2012

Silver price increased 300 percent in 5 years

 Sahit Muja: Silver Coin, India
Sahit Muja: Silver price increased 300 percent in 5 years
Silver prices increased today  to 32.40 an oz today.

China and India's net imports of silver hit a record high in 2011 .
China used to be a silver exporter now China has become the importer of silver
About 70% of China’s silver demand comes from the industrial sectors. 

China is the third largest producer of mined silver in the world.
China also is a major consumer of silver, absorbing large and rapidly growing volumes of silver in its manufacturing sector.

Chinese silver mining witnesses significant growth and development in recent years, fueled by technological strides in exploration and an increase in production in response to steady growth in domestic and 

China has the world’s largest manufacturing facilities for home electronics and electrical appliances, which utilize various type of silver-based solder.

Silver demand in  China  is soaring thanks to increasing use for industrial and jewelery purposes.
 About 70% of China’s silver demand comes from the industrial sectors.

Silver is used industrially - in solar batteries, water purification systems, cellphones, circuit boards, plasma TVs and radio frequency identification devices 

Silver is widely used in the China is the third largest producer of mined silver in the world. 
China is the third largest producer of mined silver in the world.
China is  top  consumer of silver in the world.
Silver demand  has witness a significant growth  in 5 years, fueled by  steady growth  of silver use .

China's net imports of silver nearly quadrupled in 2011 boosted by sharp increases in demand by the industrial sector and the jewelry industry.

Silver demand in China and India has increased sharply in 2010 and 2011 as more investors use silver as a store of value.

Sahit Muja
President and CEO
Albanian Minerals
New York

Sunday, January 22, 2012

India is a tourist wonderland embroidered with beautiful nature and history

 Sahit Muja: India
 Sahit Muja: India is a tourist wonderland embroidered with beautiful nature and history
 India is ethnic and cultural cocktail I never get enough of this place
 India  it’s a place you’ll never forget.
Home to more than 1.2 billion people India  is a world's top tourist destination.

For those seeking spiritual sustenance, shopping in the spice bazaars, to fortresses, outdoors,  waters of many  beaches, jungle cats, wildlife safari, or simply inhale pine-scented air on a meditative forest walk.
And then there’s the Indian food!
Indian food is different from rest of the world not only in taste but also in cooking methods.

Indian  food reflects a perfect blend of various cultures and ages.
Just like Indian culture, food in India has also been influenced by various civilizations, which have contributed their share in its overall development and the present form

From  South Indian north Indian curries, foodies can look forward to savouring a seductive smorgasbord of specialities.  
India has top of the line entertainment venue is another jewel in India's to attract tourists
India has exceptional hotels and restaurants on outstanding location's.

Explore the fortresses of Rajasthan and browse the colourful markets of Jaipur on a magical mystic trip to India. Other highlights on this tour of Northern India's 'Golden Triangle' include a visit to see the magnificent tigers of Ranthambore National Park and an excursion to the City Palace in the Pink City of Jaipur as well as a tour of the 400-year old deserted Mogul city of Fatehpur Sikri.

With one of the world’s fastest-growing economies, India has certainly made giant strides over the past decade in building the infrastructure, hotels and tourist places. 
 Indian people has a passion for hospitality,  I have enjoyed every second in India.

India is A Must See For Any World Traveler like myself.
Sahit Muja
President and CEO
Albanian Minerals
New York