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BATTERIES: China's Yahua agrees five-year deal to supply lithium to Tesla

  • Date: 04-01-21
  • Category: BATTERIES
  • Source: Reuters

(Reuters) -China’s Sichuan Yahua Industrial Group Co Ltd said on Tuesday it had signed a deal to supply battery-grade lithium hydroxide to U.S. electric vehicle (EV) manufacturer Tesla Inc for the next five years.

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DIESEL: Diesels here to stay, but EVs ready to jump ahead

  • Date: 04-01-21
  • Category: DIESEL
  • Source: Auto News

After decades of slowly building up market share, diesel vehicles are expected to be leapfrogged by electric vehicles within the next two years.

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BREXIT: Brexit Deal Is Too Little, Too Late for U.K.’s Car Industry

  • Date: 29-12-20
  • Category: BREXIT
  • Source: Bloomberg

The auto industry dodged disaster when the U.K. and European Union sealed a post-Brexit trade accord, but not before carmakers announced factory closures and called off plans to make several new vehicles in the country.

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NORNICKEL: Major Producer Nornickel Issues Its First Metal Contract-Backed Digital Coins

  • Date: 26-12-20
  • Category: NORNICKEL
  • Source: Bitcoin.com

One of the world’s biggest palladium producers, based in Russia, announced that it’s starting the first stage of issuing blockchain-powered tokens to its industrial partners Traxys and Umicore.

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NORNICKEL: Nornickel Shutters Dirty Copper Smelter in Push to Go Greener

  • Date: 23-12-20
  • Category: NORNICKEL
  • Source: Bloomberg

Russia’s MMC Norilsk Nickel PJSC is shutting its oldest copper smelter amid mounting pressure for metals producers to clean up their aging and dirtiest operations.

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AUTO PRODUCTION: Toyota halts UK, French output after virus border chaos hits parts supplies

Toyota will halt production in the U.K. and France starting Tuesday due to transport delays caused by the spread of a mutant strain of coronavirus that has led several countries to close their borders with Britain.

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SOUTH AFRICA: Enel starts spinning 140MW South Africa wind

Enel Green Power’s 140MW Nxuba wind farm in South Africa’s Eastern Cape province has started commercial operation.

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ZIMBABWE: Windfall for victims of policy

  • Date: 22-12-20
  • Category: ZIMBABWE
  • Source: Zimbabwe Herald

Government has identified five special interest groups, among them those that suffered losses as a result of the country’s currency reform strategy, plus the rest of society as beneficiaries of its stake in the newly established mining giant, Kuvimba Mining House.

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