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SUBSTITUTION: World Emissions Standards: Opportunities & Risks for PGMs in Automotive Catalysis

The following is a truncated version of the speech which Dr Josey delivered at the 2018 LBMA/LPPM Conference in Boston. It focuses on world emission standards, and what this means for the future demand for PGMs.

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MACROECONOMICS: China’s Economy Slows to the Weakest Pace Since 2009

Early signs that China is cushioning its economic slowdown won’t prevent it adding to downward pressures on the global expansion this year.

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BATTERIES: LIBCOIN-BHEL consortium in discussions to build Indian Government’s first Li-ion Gigafactory; to scale up to 30 GWh

  • Date: 21-01-19
  • Category: BATTERIES
  • Source: Green Car Congress

Magnis Energy Technologies Limited announced that the Government of India, Ministry of Heavy Industries and Public Enterprises advises that Bharat Heavy Electricals Limited (BHEL) and LIBCOIN (20% owned by Magnis) are in discussions to build India’s first Li-ion battery gigafactory. BHEL is India’s largest power generation equipment manufacturer; the government holds 63% of its equity.

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ELECTRIC VEHICLES: 21 million more electric vehicles expected worldwide by 2030

An additional 21 million electric vehicles (EVs) will be on the road globally over the next decade, according to new analysis from Deloitte.

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LITHIUM: China lithium product prices halved last year, may return to highs by 2025

  • Date: 21-01-19
  • Category: LITHIUM
  • Source: CBEA

Domestic battery-grade lithium carbonate prices fell all the way in 2018, a drop of 53.3%. The price of lithium hydroxide fell less, but the December offer also fell 23.19% from the beginning of the year.

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BATTERIES: Toyota teams up with Panasonic to produce EV batteries

  • Date: 20-01-19
  • Category: BATTERIES
  • Source: Japan Times

Toyota Motor Corp. and Panasonic Corp. are set to launch a joint venture in 2020 to manufacture batteries for electric vehicles, expecting growing demand in a sector where Chinese and South Korean rivals are gaining ground, sources close to the matter said Sunday.

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AUTO PRODUCTION: Elon Musk's Tesla to cut about 3,000 jobs as cars 'too expensive'

Electric carmaker Tesla has said it will cut its workforce by 7% after the "most challenging" year in its history.

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SEMICONDUCTORS: Bosch invests $1.1 billion to double chip production

The biggest single investment in Robert Bosch's history is taking place now at the supplier's semiconductor business in Dresden, Germany. The $1.1 billion spend to construct its second wafer fabricating plant will enable a doubling of output of Bosch chips starting in 2021.

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