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PGM PRODUCERS: Sibanye-Stillwater to unveil Lonmin restructuring in a month as shafts “not contributing”

SIBANYE-Stillwater would unveil restructuring plans for Lonmin in about a month as there were certain of the former firm’s older shafts that “weren’t contributing to the bottom line”, said Neal Froneman, CEO of the Johannesburg-listed group.

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FUEL CELLS: ITM Power gigastack feasibility study with Orsted

  • Date: 29-08-19
  • Category: FUEL CELLS
  • Source: ITM Power

Project to demonstrate delivery of bulk, low-cost and zero-carbon hydrogen through gigawatt scale PEM electrolysis, manufactured in the UK.

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AUTO SALES: Demand for battery electric vehicles in Europe doubles in July; growth driven by Tesla and Renault

  • Date: 29-08-19
  • Category: AUTO SALES
  • Source: Green Car Congress

Despite continuing economic uncertainty and diminishing consumer confidence, the European car market registered growth in July 2019, as registrations were up by 1.2% to 1,325,600 units, according to JATO Dynamics. Although the growth was marginal, it marks a significant improvement on the drop seen in June, when registrations fell by 7.9%.

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LITHIUM: Lithium producer Alita calls in administrators

  • Date: 29-08-19
  • Category: LITHIUM
  • Source: Stockhead

Alita – formerly Alliance Mineral Assets – has become a high profile casualty of plummeting spodumene prices.

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PGM PRODUCERS: Amplats completes acquisition of prospecting rights

Anglo American Platinum (Amplats) and Atlatsa have completed the acquisition and inclusion of the resources specified in the Central Block and Kwanda North prospecting rights into Rustenburg Platinum Mines (RPM)’s Mogalakwena mining right.

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PGM PRODUCERS: Amplats prepares ground for sale of Bokoni Pt., an ill-fated casualty of SA’s early BEE endeavours

ANGLO American Platinum (Amplats) said the way had been made clear to sell Bokoni Platinum Mines, the platinum group metal (PGM) mines situated in the Limpopo province, in the north-west region of South Africa’s Bushveld Complex.

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AUTO NEWS: UK auto industry's structure 'not sustainable' under no-deal Brexit

  • Date: 28-08-19
  • Category: AUTO NEWS
  • Source: Just Auto

UK carmakers could be facing an annual bill of GBP4bn in the event of a no-deal Brexit due to challenges such as increased costs for imported components and tariffs on vehicles exported to the EU, says GlobalData, a leading data and analytics company. The research suggests that the UK auto industry - operating in a highly competitive business environment with low margins on many of its products - would, in the event of no-deal, be unable to maintain its current structure.

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DIESEL: Mexico's truck makers delay investment amid doubts on new clean diesel rules

  • Date: 28-08-19
  • Category: DIESEL
  • Source: Reuters

PEMEX has significant operational issues, but this also looks like foot dragging by the manufacturers. I’m not sure if this has implications for catalyst loadings.

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