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PGM PRODUCERS: North American Palladium reports record revenue

THUNDER BAY — Barely a month before shareholders will vote on a proposed takeover of the company, North American Palladium is reporting the highest quarterly revenue in its history.

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WAGE NEGOTIATIONS: Amcu says workers may back wage offers

South Africa’s largest platinum mining labour union said it might conclude a wage deal with producers as early as next week if “minor” outstanding issues can be resolved.

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RECYCLING: Maruti Suzuki and Toyota Tsusho to set up vehicle dismantling and recycling unit

  • Date: 07-11-19
  • Category: RECYCLING
  • Source: Just Auto

Maruti Suzuki and Toyota Tsusho Group have announced setting up of a one-of-its-kind vehicle dismantling and recycling joint venture, Maruti Suzuki Toyotsu India Private Limited (MSTI).

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FUEL TECHNOLOGY: Is the spark about to die for the internal combustion engine?

After a century’s dominance beneath the bonnets of the world’s cars, the piston-driven petrol engine faces a gradual replacement by batteries or fuel cells.

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ELECTRIC VEHICLES: Toyota, BYD to set up research venture to develop EVs

Toyota and Chinese electric-car maker BYD said their joint venture to design and develop battery-electric cars will be set up next year and will be based in China.

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AUTO SALES: Fuel types of new cars: petrol +6.1%, diesel -14.1%, electric +51.8% in third quarter of 2019

  • Date: 07-11-19
  • Category: AUTO SALES
  • Source: ACEA

Brussels, 7 November 2019 – In the third quarter of 2019, EU demand for passenger cars running on diesel continued its downward trend to reach a market share of 29.1%. By contrast, registrations of petrol cars further increased, now accounting for 59.5% of the EU market.

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BATTERY RECYCLING: Australian, South Korean companies join forces to recycle battery metals

Envirostream Australia, a 24% subsidiary of Lithium Australia (ASX: LIT), announced the signing of a memorandum of understanding with South Korean company SungEel HiTech Co. for the sale of recycled battery metals.

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PGM PROJECTS: Advancing the next Palladium mine, Waterberg

  • Date: 07-11-19
  • Category: PGM PROJECTS
  • Source: Investor Intel

Mario Drolet President of MI3 Communications Financières Inc. (MI3) released a technical note at market open today on Platinum Group Metals Ltd. (TSX: PTM | NYSE American: PLG) for exclusive distribution on InvestorIntel. In this note, MI3 highlighted the following points on Platinum Group Metals Ltd.

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