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PLATINUM: Spend on platinum marketing rather than mining more, Amplats boss urges

  • Date: 04-12-18
  • Category: PLATINUM
  • Source: Business Day

The best way for SA’s embattled platinum industry to save itself from prolonged difficulties is to switch focus to intensive marketing and spending on creating demand rather than trying to lower costs and mining more metal, says Anglo American Platinum CEO Chris Griffith.

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AUTO PRODUCTION: Volkswagen says last generation of combustion engines to be launched in 2026

WOLFSBURG, Germany (Reuters) - Volkswagen’s (VOWG_p.DE) strategy chief said on Tuesday the German carmaker’s core brand will develop its final generation of vehicles using combustion engine technology in 2026.

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PGM SUPPLY: Lonmin in talks to access Sibanye-Stillwater mining area to minimise capital costs

  • Date: 04-12-18
  • Category: PGM SUPPLY
  • Source: Mining MX

LONMIN was in discussions with Sibanye-Stillwater to mine through a farm fence in order to minimise its project costs, said BusinessLive citing Ben Magara, CEO of the London-listed firm which is the subject of a takeover from Sibanye-Stillwater. “We are in advanced discussions with Sibanye and the Department of Mineral Resources,” Magara told the publication. “We are spending some risk capital to get that project going,” he said of plans to mine laterally from its K3 shaft into Sibanye’s Siphum

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ELECTRIC VEHICLES: Two-thirds of all housing units in US had a garage or carport in 2017

According to the US Bureau of the Census 2017 American Housing Survey, 66% of all occupied housing units in the United States had a garage or carport in 2017. Garages and carports often have access to electricity for parked vehicles, so these data are important for electric vehicle studies.

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PGM SUPPLY: No. 2 Platinum Miner Mulls Purchases in Low-Cost Asset Shift

  • Date: 04-12-18
  • Category: PGM SUPPLY
  • Source: Bloomberg

Impala Platinum Holdings Ltd. said it’s open to acquiring low-cost assets as the struggling miner looks beyond a plan to close unprofitable shafts in South Africa. The No. 2 platinum producer, known as Implats, is playing catch-up with larger rival Anglo American Platinum Ltd., which is boosting output and profit after shifting to lower-cost operations.

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BATTERIES: SK Innovation battery project targets US automotive market

  • Date: 03-12-18
  • Category: BATTERIES
  • Source: Best Mag

SK Innovation plans to invest 1.98 trillion South Korean won (US$1.01 billion) to establish an electric vehicle (EV) batteries production base in Jackson County, Georgia as they look to establish themselves in the US, “the largest battleground of global automakers”.

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LITHIUM: Tianqi buys stake in lithium miner SQM from Nutrien for $4.1 billion

  • Date: 03-12-18
  • Category: LITHIUM
  • Source: Reuters

SANTIAGO (Reuters) - China’s Tianqi Lithium Corp (002466.SZ) has purchased a 23.77 percent share in Chilean lithium miner SQM (SQMa.SN) from Canadian fertilizer giant Nutrien (NTR.TO), the Chilean stock exchange said on Monday, for a total sale price of $4.066 billion.

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LITHIUM: Bolivia’s Almost Impossible Lithium Dream

  • Date: 03-12-18
  • Category: LITHIUM
  • Source: Bloomberg

One of the world’s poorest nations is sitting on the second-largest amount of the mineral needed to power electric cars.

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