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LITHIUM: Europe's first lithium mine looks to automakers for investment

  • Date: 21-02-19
  • Category: LITHIUM
  • Source: Europe Auto News

Europe’s first lithium mine is looking for auto industry investors who want to secure an environmentally-friendly supply of the key battery material for their electric vehicles.

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FUEL CELLS: 'Goldilocks' thinking to cut cost of fuel cells in electric vehicles

  • Date: 21-02-19
  • Category: FUEL CELLS
  • Source: Purdue

Electric vehicles running on fuel cells are too pricey to scale up. A new method can help cut down on expensive platinum needed in fuel cell electrodes.

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HYDROGEN: Industry group signs MOU to develop and test hydrogen fueling hardware for heavy-duty vehicles

  • Date: 21-02-19
  • Category: HYDROGEN
  • Source: Green Car Congress

Hydrogen suppliers & fuel cell electric vehicle (FCEV) automakers, Air Liquide, Hyundai, NEL, Nikola Motor, Shell and Toyota have signed a Memorandum of Understanding (MOU) for hydrogen fueling components for the purpose of testing state-of-the-art heavy duty (HD) hydrogen fueling hardware to assist in standardization and speed to market for fuel cell electric trucks.

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ELECTRIC VEHICLES: Electric Cars Are China Auto Industry's Lone Bright Spot

Electric cars are holding their own in China, the world’s biggest auto market, even as the industry has seen a slump in overall sales for seven straight months.

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PALLADIUM: Hereaus Says `Chronic Shortage' of Palladium Is Unlikely

  • Date: 20-02-19
  • Category: PALLADIUM
  • Source: Bloomberg

While physical palladium ETF holdings have fallen from a peak of 2.9m oz in 2014 to 0.7m oz at the end of 2018, there are other sources of stock including those created by producers, refiner Heraeus says in research report.

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PALLADIUM: Palladium Smashes $1,500 as Shortages Ignite Record-Breaking Rally

  • Date: 20-02-19
  • Category: PALLADIUM
  • Source: Bloomberg

Palladium surged above $1,500 an ounce to a record, extending a powerful rally that’s been driven by an acute shortage of supply as car manufacturers scramble to get hold of the material to meet stringent emissions controls. The advance will benefit top suppliers in Russia and South Africa.

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JEWELLERY: Chow Tai Seng's 2018 net profit rose 36.16% to 806 million

  • Date: 20-02-19
  • Category: JEWELLERY
  • Source: Chow Tai Seng

Chow Tai Seng (002867.SZ) released the 2018 annual performance report, achieving operating income of 4.87 billion yuan, an increase of 27.97%; operating profit of 1.026 billion yuan, an increase of 30.67%; total profit of 1.059 billion yuan, an increase of 34%, attributable to listed companies The net profit of shareholders was 806 million yuan, a year-on-year increase of 36.16%; the basic earnings per share was 1.68 yuan.

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BATTERIES: Germany and France Launch $2 Billion Kick-Start for Battery Cells

  • Date: 19-02-19
  • Category: BATTERIES
  • Source: Bloomberg

France and Germany are pooling efforts to kick-start battery cell production in Europe aiming to take on rivals from Asia which dominate the global market, top officials from both nations said.

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