PGM News: 10/04/2018

AUTO SALES: Passenger vehicles sales rebound in China

BEIJING, April 10 (Xinhua) -- China's passenger vehicles sales rebounded in March after a dip the previous month, industrial data showed Tuesday.

Full story

Source: http://www.xinhuanet.com

*The promotion of any news article on our website does not constitute an endorsement, nor does the content necessarily represent our view.

PLATINUM: Platinum market sticks to value in 2017 and expect optimism in 2018

Let's revisit the scenario diagram of Trevor Raymond, director of research and development of WPIC, presented at the China Platinum Market Seminar on March 1 this year to predict the platinum demand of the development of the hydrogen-fueled auto industry. He assumed that with the advancement of science and technology, the amount of platinum in hydrogen fuel cell vehicles has dropped to an average of 17.5 grams per vehicle. If hydrogen fuel cell vehicles account for 6% of global car sales, then this industry alone will generate additional demand of 3.55 million ounces of platinum.

Full story

Source: http://www.0755zb.com

*The promotion of any news article on our website does not constitute an endorsement, nor does the content necessarily represent our view.

EMISSIONS: Carmakers delaying more efficient models until 2019 to maximise profit, but most remain on track to meet 2021 CO2 targets

Only 6 of top 50 models were upgraded in 2017 – but 21 will be re-launched as more fuel-efficient, low-carbon models in 2019-2020. Battery electric models are expected to increase five-fold to 100 by 2021, thus increasing driving-range, choice and competition. Most European carmakers, but not Fiat, are set to meet EU’s 2021 CO2 reduction targets on time – in part by selling more plug-in vehicles. Rising SUVs sales and increased power and performance are driving emissions increases. CO2 impact of declining diesel sales is more than offset by lower-carbon vehicles.

Full story

Source: https://www.transportenvironment.org

*The promotion of any news article on our website does not constitute an endorsement, nor does the content necessarily represent our view.

DIESEL: Germany May Inflict More Diesel Pain on Carmakers

Germany is preparing to take another run at shoring up diesel as it seeks to balance efforts to improve urban air quality with concerns about lost jobs from the technology’s decline.

Full story

Source: https://www.bloomberg.com

*The promotion of any news article on our website does not constitute an endorsement, nor does the content necessarily represent our view.

PGMs: PGM industry sees crisis, Mantashe sees new dawn

JOHANNESBURG(miningweekly.com) – Mineral Resources Minister Gwede Mantashe on Tuesday described the miningindustry as one that is in self-doubt, believing that it is about to die, with suspicion and mistrust at a high level.

Full story

Source: http://www.miningweekly.com

*The promotion of any news article on our website does not constitute an endorsement, nor does the content necessarily represent our view.

PRODUCERS: Tharisa delivers robust Q2 performance

JOHANNESBURG (miningweekly.com) – Integrated resource group Tharisa delivered another robust performance in the second fiscal quarter ended March 31, with 1.3-million tonnes of material milled, resulting in production of 38 200 oz of platinum, palladium, rhodium, ruthenium, iridium and gold (6E) platinum group metals (PGMs), at a recovery of 82.2%, which exceeds targeted recoveries of 80%.

Full story

Source: http://www.miningweekly.com

*The promotion of any news article on our website does not constitute an endorsement, nor does the content necessarily represent our view.