Plans include extending the mine to the east and upgrading facilities to increase production capacity.
Wednesday's report follows Solarfun's forecast earlier this month for strong demand in the second half of this year and said it plans to increase its production capacity.
And I think that tells you that the way to insulate ourselves, the way to insulate the American people from these kind of price shocks, is to increase our energy independence, to reduce our reliance on foreign oil, to increase our capacity for alternative energy production as well as traditional fossil fuel production.
Per Chilton Investment Company, the Saudis not only lack the reserves, but also the pumping capacity to increase production.
While international oilfield services firms like Halliburton and Schlumberger have kept operations going in the South American country, PDVSA has proven that its capacity to increase production on its own is quite limited.
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Even if OPEC's resolve collapses, countries like Venezuela no longer have the capacity to significantly increase production without a multiyear round of capital expenditures.
They continue to increase -- over the first three days of operation we have gone from 6, 000 to 11, 000 -- trying to increase that production rate, ultimately close the venting valves and move to a greater capacity.
The steel companies have increased their production capacity overall to compensate the increase in demand for flat rolled steel.
The expansion plans at both the Koolyanobbing and Cockatoo Island mines which make up this division would increase the production capacity of this division to 11 million tons of iron ore by 2015.
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This technological advancement has helped Futong increase its production capacity of optic fiber preforms to 600 tons a year.
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The influx of fracturing capacity is finally helping oil companies to increase production from wells that have already been drilled.
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The worry on every steelman's mind is that as the growth in demand for steel slows from its recent hectic rates, the huge increase in Chinese production capacity will be diverted to turning out steel for export.
According to the Federal Reserve, there has been a steady increase in industrial production and capacity utilization since the end of last year.
As we had mentioned then, the most significant advantage to Cliffs from the acquisition is the increase in its North American iron ore production capacity.
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While HDD production capacity will be constrained for most of 2012, demand is expected to increase due to the ramp of ultrabook computers with hybrid or conventional HDDs, the possible introduction of Windows 8 and pent up demand from the persistent drive shortages in 2012.
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