Consulting analysts in tomorrow’s commodities and technologies

News

FUEL CELLS: Bosch calls on EU to 'boldly embrace' fuel cell vehicles to meet climate goals

  • Date: 14-05-20
  • Category: FUEL CELLS
  • Source: Auto News

FRANKFURT -- Robert Bosch has called on the European Union to encourage a switch to a hydrogen-based economy to meet the bloc's climate commitments. Without fuel cells that use compressed hydrogen to generate electricity or synthetic "eFuels" that require the gas as a building block, the EU risks missing its goal of carbon neutrality by 2050, according to Bosch CEO Volkmar Denner.

View full story

AUTO SALES: German car incentives face public opposition, survey says

  • Date: 13-05-20
  • Category: AUTO SALES
  • Source: Auto News

The prospect of Germany offering incentives to boost new-car sales dimmed after a new poll found that most people oppose the idea. The survey was conducted on May 4-5, just as Volkswagen Group, Daimler and BMW Group were meeting with Chancellor Angela Merkel's government to campaign for a 4,000 euro state subsidy on the purchase of a new car.

View full story

AUTO PRODUCTION: VW slows Wolfsburg output amid tepid European demand

FRANKFURT -- Volkswagen Group will reduce output at its factory in Wolfsburg on four days this month as consumer demand for new cars remains weak in Europe.

View full story

PGM PRODUCERS: Anglo American Platinum’s Amandelbult Training Complex VR Stope

With the price of platinum at around $31,000/kg and even rhodium at about $10 000/oz, there is a lot of pressure on production crews in underground PGM mines to minimise dilution & maximise ore production. A poor blast means a shallow advance, uneven faces, over- and underbreaks and even falling rock. All of which takes time to clean and make safe. It could lead to a missed blast during the next shift cycle, at a production loss of nearly $20,000. And the target can be well over panels to be bla

View full story

MINING: Bigger is better: on board the world’s largest electric mining vehicle

  • Date: 12-05-20
  • Category: MINING
  • Source: Mining Technology

Anglo American has doubled down on its commitment to sustainable mining by announcing plans for the world’s largest electric mining vehicle. The 290-ton machine dwarfs the current record holder for a sustainable mining vehicle, the 45-ton eDumper, and could set a new benchmark for environmentally-friendly heavy machinery. We find out more about this innovation.

View full story

SOUTH AFRICA: NUM North East region is unhappy with Mogalakwena mine management for keeping its first COVID-19 case secret

  • Date: 12-05-20
  • Category: SOUTH AFRICA
  • Source: Market Screener

The National Union of Mineworkers (NUM) in North East Region is highly disturbed and extremely shocked to learn that one of the mines to register the first case of COVID 19 during the first period of Lockdown was Mogalakwena Mine which is situated next to Mokopane Town in Limpopo. Mogalakwena Mine is owned by Anglo American.

View full story

AUTO SALES: Fuel types of new cars: petrol 52.3%, diesel 29.9%, electric 6.8% market share first quarter of 2020

  • Date: 12-05-20
  • Category: AUTO SALES
  • Source: ACEA

Brussels, 12 May 2020 – In the first quarter of 2020, the electrically-chargeable vehicle segment significantly increased its market share, rising to 6.8% (from 2.5% in Q1 2019) against the backdrop of the overall decline in passenger car registrations due to the COVID-19 outbreak. By contrast, demand for diesel and petrol vehicles tumbled dramatically, although petrol-powered cars still account for more than half of the EU market.

View full story

AUTO SALES: Russian Car Sales Crash 72% in ‘Black April’ Amid Covid Lockdown

  • Date: 12-05-20
  • Category: AUTO SALES
  • Source: Bloomberg

Russian car sales declined the most on record in April, the first concrete sign of the toll a nationwide lockdown has taken on the economy, as dealers were forced to close down in an effort to contain the spread of coronavirus. New car sales fell 72% from a year earlier to 38,922 vehicles, according to the Association of European Businesses in Moscow, which said the decline was the biggest monthly decrease since it began tracking the metric in 2007.

View full story

Categories