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PGM PRODUCERS: Anglo imparts message on geography after appointing South African women to main board

ANGLO American today unveiled board and senior executive management changes that increases the presence of South African women in key group positions.

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PGM PRODUCERS: Implats converts majority of bonds to shares

JSE-listed Impala Platinum (Implats) will convert $249.8-million of its $250-million 3.25% convertible bonds due in 2022, to shares.

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PGM PRODUCERS: Implats seeks R3.4 billion debt swop

Impala Platinum (Implats) said yesterday that bondholders have backed its $250 million (R3.47 billion) debt to equity swop aimed at beefing up its balance sheet.

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FUEL CELLS: Toyota’s co-funding of PGM market development pleases Amplats

  • Date: 24-07-19
  • Category: FUEL CELLS
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – The decision of the giant Toyota Motor Corporation to co-fund the development of the market for platinum group metals (PGMs) has been applauded by Anglo American Platinum (Amplats).

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PGM PRODUCERS: RBPlat shares take hit after firm raises flag on larger-than-expected interim loss

SHARES in Royal Bafokeng Platinum (RBPlat) were under pressure in Johannesburg on Wednesday as the market absorbed the news of a disappointing interim trading update in which earnings came in far lower than expected.

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BATTERIES: BMW Group Plant Spartanburg doubles battery production capacity

  • Date: 24-07-19
  • Category: BATTERIES
  • Source: BMW

Spartanburg/ Munich. BMW Group Plant Spartanburg in the US state of South Carolina has doubled its capacity for production of high-voltage batteries. The plant’s own battery facility now produces the new fourth-generation batteries. These are intended for the plug-in hybrid models of the new BMW X5 and the future BMW X3, also produced in Spartanburg.

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ELECTRIC VEHICLES: India turns to electric vehicles to beat pollution

India is making a big push for electric vehicles, signalling a turning point in its clean energy policy, writes energy writer Vandana Gombar.

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SOUTH AFRICA: Eskom rescue heightens SA’s downgrade risk

  • Date: 24-07-19
  • Category: SOUTH AFRICA
  • Source: Business Live

Finance minister Tito Mboweni says the state might have to increase borrowing to fund an extra R59bn in aid for utility

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