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BATTERIES: PGMs to play a greater role in lithium-ion battery development, says PTM

  • Date: 17-07-20
  • Category: BATTERIES
  • Source: Mining Weekly

Platinum group metals company Platinum Group Metals (PTM) believes platinum-group metals (PGMs) will start to play a greater role in the development of more efficient lithium-ion batteries.

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AUTO SALES: Passenger car registrations: -38.1% first half of 2020; -22.3% in June

  • Date: 16-07-20
  • Category: AUTO SALES
  • Source: ACEA

Brussels, 16 July 2020 – In June 2020, registrations of new passenger cars in the EU totalled 949,722 units, a drop of 22.3% compared to the same month last year, when 1,222,942 cars were sold.

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BATTERIES: BMW agrees €2bn battery cell contract with Northvolt

  • Date: 16-07-20
  • Category: BATTERIES
  • Source: Financial Times

BMW has signed a €2bn contract with the Swedish battery cell manufacturer Northvolt, to secure supplies for its upcoming electric models as competition for core components heats up. The premium carmaker, which has already spent €10bn on battery cell contracts with China’s CATL and Korea’s Samsung SDI, said the order would be fulfilled from 2024 when Northvolt’s Skelleftea plant is scheduled to have expanded its capacity.

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ELECTRIC VEHICLES: Electric-Car Subsidies Make Renaults Free in Germany

Car buyers in Europe can now get their hands on a brand-new electric vehicle for less than the typical cost of a mobile-phone contract. Thanks to newly generous subsidies, some are even free.

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PGM PROJECTS: Platinum Group Metals Ltd. Reports Third Quarter Results

  • Date: 15-07-20
  • Category: PGM PROJECTS
  • Source: Platinum Group Metals Ltd.

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - July 15, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the nine months ended May 31, 2020 and provides a summary of recent events and outlook.

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ESKOM: South Africa's Eskom cannot say how long latest power cuts will last

  • Date: 15-07-20
  • Category: ESKOM
  • Source: Reuters

JOHANNESBURG, July 15 (Reuters) - South Africa’s state utility Eskom cannot say how long a new round of power cuts that began on Friday will last, its spokesman Sikonathi Mantshantsha told Reuters.

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NORNICKEL: Russia's Nornickel board to discuss Rusal demands this month

  • Date: 15-07-20
  • Category: NORNICKEL
  • Source: Reuters

MOSCOW (Reuters) - The board of Russia’s Norilsk Nickel on Wednesday said it would discuss demands from its major stakeholder Rusal later this month for it to overhaul its environmental policies and change its management after a fuel spill in Siberia.

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ELECTRIC VEHICLES: South Korea to spend $95 billion on green projects to boost economy

SEOUL (Reuters) - South Korea outlined a plan on Tuesday to spend 114.1 trillion won ($94.6 billion) on a “New Deal” to create jobs and help the economy recover from the coronavirus fallout, anchored in part by “green” investment in electric vehicles and hydrogen cars.

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