Consulting analysts in tomorrow’s commodities and technologies

News

PGM PRODUCERS: Royal Bafokeng Platinum : Trading statement and production update for the six months ended 30 June 2020

RBPlat is in the process of finalising its financial results for the six months ended 30 June 2020 ("the period"). Despite the BRPM and Styldrift operations delivering a strong performance, the impact of the COVID-19 pandemic resulted in a year-on-year decrease in 4E and platinum ounce production of 13.0% and 12.8% respectively. The managed shutdown and subsequent ramp up of our operations as a result of the national lockdown resulted in an effective loss of approximately 45 days of production.

View full story

NORNICKEL: Nornickel to monitor permafrost conditions in real time

  • Date: 30-07-20
  • Category: NORNICKEL
  • Source: Mining Weekly

Russian base and precious metals miner Nornickel is developing a system to monitor in real time the soil conditions and the stability of the foundations of its operations in permafrost, as the company moves to find solutions to prevent another environmental disaster in the Arctic.

View full story

PGM PROJECTS: DNR receives mining proposal from Twin Metals Minnesota

  • Date: 30-07-20
  • Category: PGM PROJECTS
  • Source: Ein Press Wire

The Department of Natural Resources has received a project proposal from Twin Metals Minnesota (TMM) for a new mining project in Lake County in northeastern Minnesota. TMM’s proposed project would involve construction of an underground mining operation, processing facility, and dry stack tailings facility. Per the Minnesota Environmental Policy Act, the TMM proposal requires preparation of an environmental impact statement (EIS), with the DNR as the designated responsible governmental unit.

View full story

ELECTRIC VEHICLES: Peugeot boss urges radical steps to cut price of electric cars

Costs from offices, dealers and suppliers must come down to make battery-powered vehicles affordable, says Tavares Carlos Tavares says the gap between the cost of developing electric vehicles and selling them at a profit must be closed

View full story

ELECTRIC VEHICLES: European demand for electrified vehicles continues in June

Uncertainty continued to spread across the European new car market in June as, according to JATO Dynamics, 1.13m units were registered last month, a year on year drop of 24% compared to the 1.49m new cars registered in June 2019.

View full story

RECYCLING: France cuts back scrapping incentives after 2 months

  • Date: 27-07-20
  • Category: RECYCLING
  • Source: Auto News

PARIS -- The French government is revising a program for trading in older, higher-emissions cars for cleaner ones, after financing the scrapping of 200,000 vehicles in two months to stimulate auto sales after coronavirus lockdowns.

View full story

HYDROGEN: Hydrogen Council adds new members, including Umicore

  • Date: 27-07-20
  • Category: HYDROGEN
  • Source: Hydrogen Council

Brussels, 27 July 2020 – The Hydrogen Council, a global CEO-led coalition working to enable the global energy transition through hydrogen, has today announced 11 new members. The news comes at a pivotal moment for the world’s sustainable economic recovery from the coronavirus pandemic and further bonds the industry’s commitment to leverage hydrogen solutions to build a cleaner, more resilient economy post-COVID.

View full story

PGM PRODUCERS: Anglo American Platinum interim results 2020

  • Date: 27-07-20
  • Category: PGM PRODUCERS
  • Source: Anglo American Platinum

The first six months of 2020 was challenging in many respects for Anglo American Platinum, with the temporary closure of the Anglo Converter Plant and the Covid-19 pandemic impacting production. Despite these challenges, we recorded a solid financial performance, driven by stronger prices for our metals.

View full story