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AUTO SALES: China's Vehicle Demand Forecast to Fall for Second Straight Year

  • Date: 27-06-19
  • Category: AUTO SALES
  • Source: Bloomberg

China’s vehicle demand is expected to decline for the second straight year, extending a historic slump as customers delay purchases amid trade tensions with the U.S., industry watchers said.

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PGM PROJECTS: Positive Preliminary Economic Assessment for the River Valley PGM Project, Sudbury, Ontario, Canada

  • Date: 27-06-19
  • Category: PGM PROJECTS
  • Source: New Age Metals

June 27th, 2019 Rockport, Canada – New Age Metals Inc. (NAM) (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) Harry Barr, Chairman & CEO, stated; “We are pleased to update our shareholders and interested parties as to the results of the initial Preliminary Economic Assessment (PEA) for the company’s 100% owned River Valley PGM Project in Sudbury, Ontario Canada. The PEA has been developed by various independent consultants – P&E Mining Consultants Inc. (P&E) was responsible for the open pit mining...

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FUEL CELLS: China's Hydrogen Vehicle Dream Chased With $17 Billion of Funding

  • Date: 27-06-19
  • Category: FUEL CELLS
  • Source: Bloomberg

China’s policies to boost its fledgling hydrogen-powered auto industry are coming at just the right time for entrepreneur and former carmaker executive Wang Chaoyun.

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ELECTRIC VEHICLES: Toyota to invest $2 billion in developing EVs in Indonesia

JAKARTA -- Toyota Motor Corp. plans to invest $2 billion to develop electric vehicles in Indonesia over the next four years, starting with hybrid vehicles, Indonesia's coordinating ministry for maritime affairs said.

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PGM PRODUCERS: Platinum Giants Resist Pay Demands After Hitting Price Jackpot

The world’s biggest platinum producers face a dilemma: they’re reporting bumper profits just as they enter negotiations with labor unions over a three-year wage deal.

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CONGO: Deadly collapse at Glencore’s Congo mine claims over 40 lives

  • Date: 27-06-19
  • Category: CONGO
  • Source: Mining MX

The death toll at the Glencore-owned Kamoto Copper Company (KCC) mine in the Democratic Republic of the Congo has risen to over 40.

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SOUTH AFRICA: ANC scores comfortable wins but EFF makes inroads

  • Date: 27-06-19
  • Category: SOUTH AFRICA
  • Source: Daily Maverick

The African National Congress retained the two wards contested on Wednesday with relative ease, but the Economic Freedom Fighters exhibited growth in both wards. The by-elections took place in Polokwane in Limpopo and Emakhazeni in Mpumalanga.

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FUEL CELLS: Former Chinese Minister Wan Gang on EVs: “It’s Hydrogen’s Turn”

  • Date: 27-06-19
  • Category: FUEL CELLS
  • Source: CBT News

If you look into the history of the electric vehicle (EV), you are bound to see Wan Gang’s name somewhere. Known as China’s “father of electric cars,” Wan has revolutionized the EV market just within the past couple of decades. He turned China into the largest EV market by tirelessly promoting the environmental benefits of switching to EVs as well as using government subsidies to attract new customers. Overall, his EV mission can be labelled a success.

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