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LITHIUM: Australian lithium miners submerged by low prices

  • Date: 02-09-19
  • Category: LITHIUM
  • Source: Mining Weekly

China's biggest lithium producer, Ganfeng Lithium Co, a large buyer of spodumene, posted a 59% plunge in first-half profit last week, and said it expected prices of Australian hard rock lithium to fall further.

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AUTO SALES: China to exempt Tesla cars from 10% purchase tax

  • Date: 02-09-19
  • Category: AUTO SALES
  • Source: Reuters

BEIJING (Reuters) - China will exempt Tesla Inc’s (TSLA.O) electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on Friday, a concession made amidst trade tensions with the United States.

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AMCU: Amcu thrown a lifeline after deregistration decision

  • Date: 02-09-19
  • Category: AMCU
  • Source: Jacaranda FM

Labour relations registrar Lehlohonolo Molefe has decided not to continue with the deregistration of the Association of Mineworkers and Construction Union (Amcu).

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PGM PRODUCERS: Zimplats in half year profit jump

ZIMBABWE’S largest platinum group metals (PGMs) producer, Zimplats Holdings, profit for the year to June 2019 vaulted US$144,9 million from US$2,6 million posted in 2018, partly spurred by a US$36,4 million export incentive and $9,6 million tax refund.

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SOUTH AFRICA: President Ramaphosa promises to visit Marikana after union engagement

  • Date: 02-09-19
  • Category: SOUTH AFRICA
  • Source: The South African

The South African National Civic Organisation (SANCO) said on Monday it welcomed a call by labour federation COSATU for President Cyril Ramaphosa to visit Marikana, where 44 people died seven years ago during a violent strike at a Lonmin mine, including 34 protesting workers shot by police.

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AUTO SALES: China to exempt Tesla cars from 10% purchase tax

  • Date: 02-09-19
  • Category: AUTO SALES
  • Source: Reuters

BEIJING (Reuters) - China will exempt Tesla Inc’s (TSLA.O) electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on Friday, a concession made amidst trade tensions with the United States.

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NICKEL: Nickel hits five-year high as price surge continues

  • Date: 02-09-19
  • Category: NICKEL
  • Source: Financial Times

Nickel’s breathtaking advance continued on Monday after Indonesia said it would halt exports of the metal in 2020 as Jakarta steps up efforts to build a local smelting industry.

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PGM PRODUCERS: Mineworkers stage sit-in at Impala Platinum Mine

JOHANNESBURG - Around 400 mineworkers are staging an underground sit-in at Impala Platinum Mine near Rustenburg.

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