• Proceedings of the Korea Committee for Ocean Resources and Engineering Conference
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• 2006.11a
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• pp.14-20
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• 2006

During the 11 year period of 1995-2005, there was about a 40% increase in the world copper demand mainly because of the Asian economic growth. In the increase, about a half was consumed by China. Most of the China's copper demand increase has been taken place over the final 5-6 years of that period. The growth is expected to continue for several years, and in 10 years or sooner the same situation is expected for India. Copper is the third metal in global demand, but its little abundance in the Earth's crust is not well recognized. From the production rate and the abundance, a copper shortage, or crisis, has a high probability than the other metals. Deep ocean mineral resources such as manganese nodules in the Clarion-Clipperton Fracture Zones, Kuroko-type massive seafloor sulfides (SMS), and cobalt-rich manganese crusts in the EEZ and the high sea areas have big potentials for the future sources. We need to re-evaluate their potentials as copper resources and other metals to realize their developments. The same situation is under progress in the hydro-carbon markets. Methane hydrates that are classified into non-conventional hydro-carbon resources have an important role as the future sources, too.

• Journal of Korea Trade
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• v.27 no.5
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• pp.167-198
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• 2023

Purpose - This paper aims to compare and analyze the co-movements and information spillover effects between the international commodity futures markets and the South Korean stock markets during the COVID-19 and the 2008 financial crises. Design/methodology - The DCC-GARCH model is used in the co-movements analysis. In contrast, the BEKK-GARCH model is used to evaluate information spillover effects. The statistical data used is from January 1, 2005, to December 31, 2022. It comprises the Korea Composite Stock Price Index data and daily international commodity futures prices of natural gas, West Texas Intermediate crude oil, gold, silver, copper, nickel, soybean, and wheat. Findings - The results of the co-movement analysis were as follows: First, it was shown that the co-movements between the international commodity futures markets and the South Korean stock markets were temporarily strengthened when the COVID-19 and 2008 financial crises occurred. Second, the South Korean stock markets were shown to have high correlations with the copper, nickel, and crude oil futures markets. The results of the information spillover effects analysis are as follows: First, before the 2008 financial crisis, four commodity futures markets (natural gas, gold, copper, and wheat) were shown to be in two-way leading relationships with the South Korean stock markets. In contrast, seven commodity futures markets, except for the natural gas futures market, were shown to be in two-way leading relationships with the South Korean stock markets after the financial crisis. Second, before the COVID-19 crisis, most international commodity futures markets, excluding natural gas and crude oil future markets, were shown to have led the South Korean stock markets in one direction. Third, it was revealed that after the COVID-19 crisis, the connections between the South Korean stock markets and the international commodity futures markets, except for natural gas, crude oil, and gold, were completely severed. Originality/value - Useful information for portfolio strategy establishment can be provided to investors through the results of this study. In addition, it is judged that financial policy authorities can utilize the results as data for efficient regulation of the financial market and policy establishment.

• Resources Recycling
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• v.28 no.1
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• pp.3-14
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• 2019

Copper is used in many electronic components and construction parts due to its excellent electrical conductivity and heat transfer characteristics, and also used for pre-plating for double layer coating such as nickel, so that copper is an essential material in modern industry. Despite the expected increase of usage and importance on wiring, sensors and data equipment in the next generation industries, it is hard for securing stable copper supply and resource management resulting from the copper prices are fluctuating owing to the economic crisis in Europe, the low economic growth trend in China, and President Trump's commitment to public industrial facilities investment in U.S.. Since most of the domestic copper consumption is used by electrolytic copper cathode, we studied not only copper recycling technology which is being commercialized but also current research trend under the research stage. This study aims to examine the characteristics of each process and the areas where future recycling technology development is required.

• Proceedings of the SAREK Conference
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• 2008.06a
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• pp.436-439
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• 2008

This paper is to research the heat transfer performance of the sintered pipe. Recently, oil prices is to be 127 $ per barrel, we expect higher costs this summer. We promote alternative fuels, after oil and gasoline prices reached record highs. The governments have made efforts to avoid future crisis by continuing the move toward renewable energy and energy saving. In this paper, we have fabricated a sintered pipe, the heat transfer performance of sintered pipe is achieved experimentally. The pipe is copper tube of outer diameter of 15.88 mm, the length of the pipe is 800 mm. Based on the experimental results, it is shown the overall heat transfer coefficient of sintered pipe is increased as compared with that of a straight pipe, is equal as compared with that of a spiral pipe. The overall heat transfer coefficient was $0.075{\sim}0.09\;kW/^{\circ}C$

• Korean Journal of Veterinary Service
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• v.29 no.4
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• pp.459-467
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• 2006

This study was designed to investigate if there were groundwater contamination in 17 landfill where slaughtered animals were buried during the crisis of 2002 foot-and-mouth-disease (FMD) outbreaks in Gyeonggi province. From March to August 2005 groundwater was collected once a month from 17 sites, and examined with potential for hydrogen (pH), colour, turbidity, lead (Pb), arsenic (As), mercury (Hg), cadmium (Cd), copper (Cu), zinc (Zn) , iron (Fe), manganese (Mn) , aluminium (Al), nitrate-nitrogen $(NO_3-N)$, ammonia-nitrogen $(NH_3-N)$, microbial pathogen and Escherichia spp. In the examination of $NH_3-N$ which of the mean concentration was from not-detected (ND) to 0.05 mg/l. The range of $NH_3-N$ level was $0.3-24.1mg/{\ell}$. However, groundwater from four sites was to go beyond the drinking water quality standard (DWQS), i.e., the mean concentration of those were $15.5mg/{\ell}\;(site\;1),\;20.7mg/{\ell}\;(site\;9),\;24.1mg/{\ell}\;(site\;13)\;and\;10.6mg/{\ell}\;(site\;17)$. In the investigation of pH, colour and turbidity, all of the pH were below of DWQS (pH 5.8-6.6), but one site in color test and four sites in turbidity test were over the standard level. Among 9 metal ions examined, Mn was in excess of DWQS, and its concentration was $2.4mg/{\ell}$. Pb, Cd, Hg and As were not traced. The contents of Cu, Zn, Fe and Al were $ND-0.22mg/{\ell},\;0.01-0.05mg/{\ell},\;ND-0.05mg/{\ell}\;and\;0.03-0.16mg/{\ell}$, respectively. Escherichiae spp were not identified, but bacterial colonies were detected at 3 groundwater including 2 sites over the DWQS at the level of $491CFU/m{\ell}\;(site\;4)\;and\;217CFU/m{\ell}\;(site\;15)$.

• Korean Chemical Engineering Research
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• v.56 no.1
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• pp.49-55
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• 2018

Under the era of energy crisis, hydrogen energy is considered as one of the most potential alternative energies. Liquid hydrogen has much higher energy density per unit volume than gas hydrogen and is counted as the excellent energy storage method. In this study, Navier-Stokes equations based on 2-phase model were solved by using a computational fluid dynamics program and the liquefaction process of gaseous hydrogen passing through a cryogenic cooling tube was analyzed. The copper with high thermal conductivity was assumed as the material for cryogenic cooling tube. For different inlet velocities of 5 m/s, 10 m/s and 20 m/s for hydrogen gas, the distributions of fluid temperature, axial and radial velocities, and volume fractions of gas and liquid hydrogens were compared. These research results are expected to be used as basic data for the future design and fabrication of cryogenic cooling tube to transform the hydrogen gas into liquid hydrogen.