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BATTERIES: SK Innovation completes EV battery cell plant in China

  • Date: 05-12-19
  • Category: BATTERIES
  • Source: Korea Herald

SK Innovation Co., a major energy and chemical company in South Korea, said Thursday that it has built its first electric vehicle battery cell manufacturing plant in China in the latest move to tap deeper into the world's largest EV market.

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JEWELLERY: Tiffany profit falls short on weak demand in Americas, Hong Kong

  • Date: 05-12-19
  • Category: JEWELLERY
  • Source: Reuters

(Reuters) - Luxury jeweler Tiffany & Co (TIF.N), which is being bought by Louis Vuitton owner LVMH (LVMH.PA), missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.

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ACQUISITION: Implats, North American Palladium to seal the deal Dec. 13

  • Date: 05-12-19
  • Category: ACQUISITIONS
  • Source: Northern Ontario Business

Shareholders of North American Palladium (NAP) voted 96 per cent in favour of a takeover by Impala Platinum Holdings.

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PGM PRODUCERS: Investec Asset Management raises Sibanye shareholding to 5.40%

Specialist investment manager Investec Asset Management has increased its shareholding in precious metals miner Sibanye-Stillwater to 5.40%.

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PGM PROJECTS: Clock ticking on Waterberg JV project as Implats approves $874m study findings

THE clock has been set ticking on the Waterberg Joint Venture, a palladium project in South Africa’s Waterberg district over which Impala Platinum (Implats) has the option to become its lead backer.

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ESKOM: Here we go again: Eskom implements stage 2 load shedding

  • Date: 05-12-19
  • Category: ESKOM
  • Source: Eye Witness News

CAPE TOWN/JOHANNESBURG - Eskom announced that it will implement stage 2 load shedding from 4pm until 11pm on Thursday.

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ESKOM: South Africa hit by power cuts as Eskom units break down

  • Date: 05-12-19
  • Category: ESKOM
  • Source: Reuters

JOHANNESBURG, Dec 5 (Reuters) - South Africa was hit by power cuts on Thursday after a number of generating units broke down, forcing the struggling state power utility Eskom to cut up to 2,000 megawatts (MW) of power from the national grid on a rotational basis.

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NORNICKEL: Russia’s Richest Man Starts Testing Sales of Crypto Metal Tokens

  • Date: 05-12-19
  • Category: NORNICKEL
  • Source: Bloomberg

MMC Norilsk Nickel PJSC, the biggest palladium and refined nickel producer, has started testing a platform for digital metal tokens that may eventually account for a fifth of its sales.

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