News
LITHIUM: Albemarle Announces Completion of Lithium Joint Venture with Mineral Resources Limited
- Date: 31-10-19
- Category: LITHIUM
- Source: Albemarle
CHARLOTTE, N.C., Oct. 31, 2019 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has closed its transaction with Mineral Resources Limited ("MRL") (ASX: MIN) under the Asset Sale and Share Subscription Agreement that was entered into on December 14, 2018, and subsequently amended on August 1, 2019, and the MRL Kemerton Sale and Purchase Agreement that was entered into on August 1, 2019 ("Agreement"). The 60/40 joint venture.
View full storyAUTO NEWS: Billionaire Agnellis Grab a Massive Sweetener
- Date: 31-10-19
- Category: AUTO NEWS
- Source: Bloomberg
Fiat has extracted a chunky premium for what is essentially a takeover by Peugeot. No wonder the latter's shareholders are unimpressed.
View full storyAUTO NEWS: Plunging Peugeot Shows Who the Buyer Is in Merger of Equals
- Date: 31-10-19
- Category: AUTO NEWS
- Source: Bloomberg
Fiat Chrysler Automobiles NV and PSA Group went out of their way to make their combination as equal as possible, shedding assets, paying special dividends and distributing board seats. It didn’t take long for investors to figure out who the buyer is.
View full storyESKOM: Eskom shares Transmission Development Plan for 2020 to 2029
- Date: 31-10-19
- Category: ESKOM
- Source: Politics Web
Today Eskom shared its Transmission Development Plan (TDP) for the period 2020 to 2029 with different stakeholders at a public forum in Midrand. This is part of Eskom’s Transmission licence requirements issued by the National Energy Regulator of South Africa (Nersa), which requires Eskom to publish a TDP annually.
View full storyESKOM: Union threatens power cuts if Eskom is split into three
- Date: 31-10-19
- Category: ESKOM
- Source: Fin 24
In protest against government’s plan to divide Eskom into three units, the National Union of Mineworkers (NUM) is threatening to strike in an effort to trigger country-wide blackouts.
View full storyPGM PRODUCERS: Sibanye's profit triples, on track to resume dividends
- Date: 31-10-19
- Category: PGM PRODUCERS
- Source: Fin 24
Sibanye Gold [JSE: SGL] the world’s biggest platinum miner, said it’s on track to resume dividend payments in the latter half of 2020 as third-quarter earnings more than tripled.
View full storyZIMBABWE: Zimbabwe is eyeing a platinum-led revival. But miners see little chance
- Date: 31-10-19
- Category: ZIMBABWE
- Source: Fin 24
Zimbabwe’s government is banking on a platinum-mining boom to help revive its collapsing economy. The world’s biggest platinum companies say it isn’t going to happen.
View full storyPGM PRODUCERS: After a massive year for its investors, Implats reports decline in output
- Date: 31-10-19
- Category: PGM PRODUCERS
- Source: Fin 24
Implats saw a 2.4% decline in production, to 5.2m tonnes in the quarter to end-September, from 5.34m tonnes in the same period last year.
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