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AUTO SALES: Top Chinese Carmaker’s New-Energy Vehicle Sales Plunge After Subsidy Reductions

  • Date: 14-01-20
  • Category: AUTO SALES
  • Source: Caixin Global

China’s top domestic carmaker’s new-energy vehicle (NEV) sales plunged by more than 40% last year after a major reduction in government subsidies, with little relief in sight as long as costs remain substantially higher than those for gasoline-powered rivals, an official said.

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CLIMATE CHANGE: BlackRock CEO says the climate crisis is about to trigger ‘a fundamental reshaping of finance’

In an annual letter to CEOs published Tuesday, BlackRock chief executive Larry Fink said: “Climate change has become a defining factor in companies’ long-term prospects.”

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PGM PRODUCERS: Global Precious MMI: PGMs make gains after South Africa outages

Palladium and platinum prices received a boost last month after outages at South African mines, MetalMiner’s Stuart Burns explained.

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PGM PROJECTS: Platinum Group Metals Ltd. Reports First Quarter Results

  • Date: 14-01-20
  • Category: PGM PROJECTS
  • Source: Platinum Group Metals Ltd

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 14, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the three months ended November 30, 2019 and provides a summary of recent events and outlook.

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ACQUISITIONS: Sibanye-Stillwater takes majority stake in DRDGold

  • Date: 13-01-20
  • Category: ACQUISITIONS
  • Source: Mining Journal

Sibanye-Stillwater (JSE: SGL) has exercised its option to take a majority stake in South African surface mining and processing company DRDGold (JSE: DRD).

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RHODIUM: The World’s Most Precious Metal Leaves Everything Else in the Dust

  • Date: 13-01-20
  • Category: RHODIUM
  • Source: Bloomberg

Palladium’s great start to the year pales in comparison to its lesser known, but much more expensive sister metal, rhodium.

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EMISSIONS: Birmingham traffic plan: Private cars could be banned from city centre

  • Date: 13-01-20
  • Category: EMISSIONS
  • Source: BBC

Trips through Birmingham city centre by private cars could be banned under plans to cut traffic and pollution.

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AUTO SALES: China says no significant cut in new energy vehicle subsidies in 2020

  • Date: 13-01-20
  • Category: AUTO SALES
  • Source: Reuters

BEIJING/SHANGHAI, Jan 11 (Reuters) - China will not make significant cuts to subsidies for new energy vehicles (NEV) this year, signalling that its policy will remain relatively stable, state media quoted the country’s industry ministry as saying on Saturday.

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