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MOBILITY: This Is What Peak Car Looks Like

  • Date: 28-02-19
  • Category: MOBILITY
  • Source: Bloomberg

After one too many snowstorms, Boston tech executive Larry Kim had had it with shoveling out his car and struggling to find parking. So in 2014 he ditched his Infiniti luxury sedan and began commuting by Uber and Lyft—at an annual cost of as much as $20,000. “I would never go back to owning a car,” says Kim, chief executive officer of MobileMonkey Inc., a Facebook Messenger marketing platform, who says he’s recovered an hour a day by not driving.

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PGM PRODUCERS: Implats Plans to Build Palladium Mine in 2021 on Bullish Outlook

Impala Platinum Holdings Ltd. plans to start building a new palladium mine that could begin producing as soon as 2024 as the company’s outlook for metals turns bullish. Implats, as the second-biggest platinum miner is known, plans to start work on the Waterberg project in South Africa in 2021, Chief Executive Officer Nico Muller said.

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PGM PRODUCERS: Implats pumps cash, slashes debt in applaudable turnaround

A higher platinum group metals (PGMs) rand basket price boosted by increases in palladium, rhodium and nickel resulted in an applaudable operational and financial turnaround by Impala Platinum (Implats) in the six months to end December.

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BATTERIES: Johnson Matthey and Lithium Werks sign long-term LFP battery materials supply agreement

  • Date: 28-02-19
  • Category: BATTERIES
  • Source: Johnson Matthey

Under the agreement, which will start 1 April 2019 and run for five years, JM will supply its lithium iron phosphate (LFP) battery cathode material manufactured at its facility in Changzhou, China. The cathode material is a key component in battery cells produced by Lithium Werks, for a range of applications, including material handling, large motive, maritime and energy storage. Through incorporating JM’s advanced LFP technology into Lithium Werks’ batteries, both companies are excited to work together to support the growing demand from industry and consumers for higher performing energy storage technologies.

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AUTO SALES: Why cracking India's booming car market is not so simple

  • Date: 27-02-19
  • Category: AUTO SALES
  • Source: Europe Auto News

India's automotive market has been a sleeping giant. Only 18 out of 1,000 Indians own a car, compared with nearly 800 in the United States and around 500 in the European Union

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BATTERIES: China's CATL considers big expansion for German battery plant

  • Date: 27-02-19
  • Category: BATTERIES
  • Source: Europe Auto News

Contemporary Amperex Technology, one of China's largest suppliers of battery cells, is considering expanding its German plant to make it one of the largest in the world, amid higher expected demand for electric vehicles.

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CHINA: China Gold Association and World Platinum Investment Association signed a cooperation agreement

  • Date: 25-02-19
  • Category: CHINA
  • Source: 0755zb.com

The World Platinum Investment Council (WPIC) was honoured to announce its latest strategic partner in China, the China Gold Association (CGA), on February 20, 2019.

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AUTO SALES: JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

  • Date: 24-02-19
  • Category: AUTO SALES
  • Source: Green Car Congress

2018 marked a record year for the sale of battery-powered electric vehicles, according to data from JATO Dynamics. Passenger electric cars recorded 1.26 million sales throughout the year, up by 74% (about 1.5% of total global sales). It was one of the highest increases among all car categories on the global market, which can be explained by several factors, JATO said.

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