Consulting analysts in tomorrow’s commodities and technologies

News

ESKOM: Eskom shortlists three candidates for top job

  • Date: 26-09-19
  • Category: ESKOM
  • Source: Biz News

(Bloomberg) – South African power company Eskom Holdings SOC Ltd. has shortlisted three candidates for chief executive officer to lead the loss-making utility out of its debt crisis, according to three people familiar with the process.

View full story

PGM PRODUCERS: 5,270 jobs on chopping block as Sibanye restructures Marikana

Sibanye-Stillwater has informed trade unions it aims to cut up to 5,270 jobs at its Marikana operations, which were once part of Lonmin. If Sibanye had not acquired Lonmin, more than 20,000 jobs would have been at risk.

View full story

ELECTRIC VEHICLES: Volkswagen Leads Auto Electrification, But Buyers May Be Elusive

Volkswagen is leading the way to the new electrified automotive world, but this remains a huge gamble for VW, not to mention the entire European industry, as European Union rules begin to outlaw internal combustion engine-powered cars and SUVs that the public actually wants to buy.

View full story

BATTERIES: Renault ready to be part of a European batteries project, chairman says

  • Date: 25-09-19
  • Category: BATTERIES
  • Source: Auto News

PARIS -- Renault is ready to be part of a European batteries project provided it makes economic sense to do so, the automaker's chairman said on Wednesday.

View full story

AUTO PRODUCTION: Toyota prepares next Mirai fuel cell car for 2020 launch

TOKYO -- Toyota is preparing to launch the second generation of its Mirai fuel cell car next year, Chairman Takeshi Uchiyamada said on Wednesday.

View full story

BATTERIES: Tesla switching to NMC-811 (LG Chem) for China Model 3

  • Date: 25-09-19
  • Category: BATTERIES
  • Source: thelec

LG Chem has begun to mass produce batteries for Tesla’s Model 3 electric vehicles from its Nanjing plant in China, according to industry sources Sept. 18.

View full story

PGM PRODUCERS: Sibanye plans to cut over 5,000 jobs in Marikana restructuring

JOHANNESBURG — South African miner Sibanye-Stillwater said on Wednesday it planned to cut around 5,270 jobs, or about 6% of its workforce, as it restructures its loss-making Marikana operations that it acquired this year.

View full story

PGM PROJECTS: Platinum Group Metals boosts reserves at Waterberg mine with new DFS

Platinum Group Metals (TSX: PTM) have announced positive results from an independent definitive feasibility study (DFS) on the Waterberg platinum mine. The project, located in South Africa’s Bushveld Complex, is a joint venture between Platinum Group Metals (37.05%), JOGMEC (21.95%), Mnombo Wethu Consultants (26%) and Impala Platinum (15%).

View full story