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PGM PRODUCERS: Northam places R1.65bn in new notes as existing note maturity draws near

NORTHAM Platinum has completed the private placement of R1.65bn in domestic medium term notes which will be used to settle existing notes that mature from this month.

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ELECTRIC VEHICLES: The $18 Billion Electric-Car Bubble at Risk of Bursting in China

An iPhone assembler, e-commerce emporium and real-estate developer typically don’t compete in the same business -- except when it comes to electric vehicles in China.

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LITHIUM: Orocobre and Toyota Tsusho approve Japan plant

  • Date: 12-04-19
  • Category: LITHIUM
  • Source: Mining Weekly

Lithium miner Orocobre and its joint venture (JV) partner Toyota Tsusho Corporation have approved the development of the $77.6-million Naraha lithium hydroxide plant, in Japan.

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EMISSIONS: Mazda's SUV sales success risks heavy EU fines

  • Date: 11-04-19
  • Category: EMISSIONS
  • Source: Europe Auto News

Mazda's success in selling SUVs has left the automaker at risk of heavy fines for missing European CO2 reduction targets.

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AUTO PRODUCTION: Twilight of combustion engine comes for Germany

The completed combustion engine fitted into a BMW M5 is a 1,200-piece puzzle that weighs more than 181 kg (400 pounds). There are about 150 moving parts whose interlocking precision can catapult a six-figure sports car to 97 kph (60 mph) in 3.3 seconds.

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BATTERIES: Tesla and Panasonic freeze spending on $4.5bn Gigafactory

  • Date: 11-04-19
  • Category: BATTERIES
  • Source: Nikkei

OSAKA -- Tesla and Panasonic are freezing plans to expand the capacity of their Gigafactory 1, the world's largest EV battery plant, as concerns mount on Wall Street about weakening demand at Elon Musk's car company.

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AUTO SALES: Veloz: CA EV sales continue to grow

  • Date: 10-04-19
  • Category: AUTO SALES
  • Source: Green Car Congress

According to tracking by Veloz, electric car sales in California in Q1 2019 continued their upward trend, with year-over-year increases each month and a 13% increase over Q1 2018.

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PGM SUPPLY: Zimbabwe, Russia Sign $4 Billion Platinum Mine Deal

  • Date: 10-04-19
  • Category: PGM SUPPLY
  • Source: Bloomberg

Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalizing a deal that’s stalled since 2014.

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