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FUEL PRICES: Gasoline prices fall as Europe's drivers ditch diesel

  • Date: 28-01-19
  • Category: FUEL PRICES
  • Source: Europe Auto News

“Directionally, gasoline demand will increase as diesel goes even more out of favor,” said Steve Sawyer, a London-based analyst at industry consultant Facts Global Energy. Price pressure on gasoline will persist because the region’s supply exceeds demand by about 1 million barrels a day, he said.

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PGM PRODUCERS: North American Palladium Releases 2018 Production Results, Reports Continued Operational and Safety Improvements and Provides 2019 Guidance

  • Date: 28-01-19
  • Category: PGM PRODUCERS
  • Source: North American Palladium

TORONTO, Jan. 28, 2019 (GLOBE NEWSWIRE) -- North American Palladium Ltd. (“NAP” or the “Company”) (TSX:PDL) (OTC PINK:PALDF) today announced production results for the year and fourth quarter ended December 31, 2018 and provided production guidance for 2019.

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SOUTH AFRICA: Appeal against Sibanye’s Lonmin takeover set down for April

  • Date: 25-01-19
  • Category: SOUTH AFRICA
  • Source: Business Live

The appeal brought by the Association of Mineworkers and Construction Union (Amcu) against the Competition Tribunal’s conditional approval of Sibanye-Stillwater’s takeover of Lonmin has been set down for April 2.

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BATTERIES: Germany backs r&d center for EV battery technology to rival Asia producers

  • Date: 25-01-19
  • Category: BATTERIES
  • Source: Auto News China

BERLIN -- The German government will fund a research center to offer companies in Germany know-how to develop battery cells for electric vehicles, seeking to compete with Asian producers which dominate the industry.

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PGM PROJECTS: Group Ten announces results from the Wild West & Boulder target areas

  • Date: 25-01-19
  • Category: PGM PROJECTS
  • Source: Globe News Wire

Group Ten Metals Inc. (TSX.V: PGE; US OTC: PGEZF; FSE: 5D32) (the “Company” or “Group Ten”) announces results from the Wild West and Boulder target areas covering the far-western end of the Stillwater West Project in Montana, USA. This is the first in a series of planned news releases to report results of 2018 exploration programs and on-going compilation and modeling work at the Company’s flagship PGE-Ni-Cu project adjacent to Sibanye-Stillwater’s high-grade PGE mines in the Stillwater Igneous

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MACROECONOMICS: ECB Keeps Policy Unchanged to Battle Economic Slowdown

The European Central Bank pledged to keep interest rates at record lows at least through the summer after policy makers met amid rising concern about the region’s growth outlook.

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MACROECONOMICS: German Manufacturing Slump Casts Cloud Over Europe's Economy

Germany’s industrial slump worsened at the start of 2019, dragging the euro-area economy into its worst performance in more than five years.

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AUTO SALES: Update on Europe’s Hybrid & EV Car Market

  • Date: 23-01-19
  • Category: AUTO SALES
  • Source: LMC Automotive

Sales of electrified passenger cars in Western Europe’s 17 markets totalled an impressive 900,000 units in 2018 with a growth rate of 27% YoY. Of these, 335,000 were plug-ins with 190,000 being battery electric vehicles (BEVs) and 150,000 being plug-in hybrid electric vehicles (PHEVs). As recently as 2017, PHEVs marginally outsold BEVs, but BEVs have now opened up a lead in the region’s plug-in sector.

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