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AUTO PRODUCTION: UK car output slumps for 12th month in a row

LONDON (Reuters) - British car production fell by 15.5% in May, the 12th month in a row of declines due to model changes and falling demand at home and abroad, an industry body said on Thursday.

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AUTO SALES: China's Vehicle Demand Forecast to Fall for Second Straight Year

  • Date: 27-06-19
  • Category: AUTO SALES
  • Source: Bloomberg

China’s vehicle demand is expected to decline for the second straight year, extending a historic slump as customers delay purchases amid trade tensions with the U.S., industry watchers said.

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PGM PROJECTS: Positive Preliminary Economic Assessment for the River Valley PGM Project, Sudbury, Ontario, Canada

  • Date: 27-06-19
  • Category: PGM PROJECTS
  • Source: New Age Metals

June 27th, 2019 Rockport, Canada – New Age Metals Inc. (NAM) (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) Harry Barr, Chairman & CEO, stated; “We are pleased to update our shareholders and interested parties as to the results of the initial Preliminary Economic Assessment (PEA) for the company’s 100% owned River Valley PGM Project in Sudbury, Ontario Canada. The PEA has been developed by various independent consultants – P&E Mining Consultants Inc. (P&E) was responsible for the open pit mining...

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FUEL CELLS: China's Hydrogen Vehicle Dream Chased With $17 Billion of Funding

  • Date: 27-06-19
  • Category: FUEL CELLS
  • Source: Bloomberg

China’s policies to boost its fledgling hydrogen-powered auto industry are coming at just the right time for entrepreneur and former carmaker executive Wang Chaoyun.

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ELECTRIC VEHICLES: Toyota to invest $2 billion in developing EVs in Indonesia

JAKARTA -- Toyota Motor Corp. plans to invest $2 billion to develop electric vehicles in Indonesia over the next four years, starting with hybrid vehicles, Indonesia's coordinating ministry for maritime affairs said.

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PGM PRODUCERS: Platinum Giants Resist Pay Demands After Hitting Price Jackpot

The world’s biggest platinum producers face a dilemma: they’re reporting bumper profits just as they enter negotiations with labor unions over a three-year wage deal.

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CONGO: Deadly collapse at Glencore’s Congo mine claims over 40 lives

  • Date: 27-06-19
  • Category: CONGO
  • Source: Mining MX

The death toll at the Glencore-owned Kamoto Copper Company (KCC) mine in the Democratic Republic of the Congo has risen to over 40.

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SOUTH AFRICA: ANC scores comfortable wins but EFF makes inroads

  • Date: 27-06-19
  • Category: SOUTH AFRICA
  • Source: Daily Maverick

The African National Congress retained the two wards contested on Wednesday with relative ease, but the Economic Freedom Fighters exhibited growth in both wards. The by-elections took place in Polokwane in Limpopo and Emakhazeni in Mpumalanga.

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