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PGM PRODUCERS: Anglo American Platinum cuts view on plant closure

JOHANNESBURG--Anglo American Platinum Ltd., the world's biggest refiner of platinum group of metals, declared force majeure and slashed its full-year guidance by about 20% after shuttering a processing plant in South Africa, sending platinum futures higher and potentially pushing the global market into a deficit this year.

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AUTO SALES: China Car Sales Drop Record 80% as Virus Empties Showrooms

  • Date: 04-03-20
  • Category: AUTO SALES
  • Source: Bloomberg

China’s car sales had the biggest monthly plunge on record as the coronavirus kept shoppers away, intensifying the pressure on automakers already battling an unprecedented slump before the outbreak.

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BATTERIES: MINING.COM launches EV Battery Metals Index

  • Date: 04-03-20
  • Category: BATTERIES
  • Source: Mining.com

The value of metals used in batteries for the nascent electric vehicle industry measured for the first time

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PGM PRODUCERS: Early settlement of the Marikana Bulk tailings treatment project’s metal purchase agreement

  • Date: 04-03-20
  • Category: PGM PRODUCERS
  • Source: Sibanye-Stillwater

Sibanye-Stillwater advises that Western Platinum Proprietary Limited , Eastern Platinum Limited and Lonmin Limited, now subsidiaries of Sibanye-Stillwater and collectively known as the Marikana operations, have entered into a Release and Cancellation Agreement with RFW Lonmin Investments Limited regarding the early settlement, of a prior streaming agreement, of a prior streaming agreement, on more favourable terms.

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AUTO PRODUCTION: Fiat unveils electric 500 in Milan despite virus fears

MILAN -- Fiat's new 500 full-electric car will join the growing number of battery-powered minicars targeting customers in Europe's cities seeking emissions-free mobility.

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BATTERIES: GM Reveals New Ultium Batteries and a Flexible Global Platform to Rapidly Grow its EV Portfolio

  • Date: 04-03-20
  • Category: BATTERIES
  • Source: General Motors

WARREN, Mich. – Starting today, General Motors Co. (NYSE: GM) is gathering hundreds of employees, dealers, investors, analysts, media and policymakers to share details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably.

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PGM PRODUCERS: Sibanye-Stillwater settles Lonmin PGM streaming deal for $50m as beds down merger

SIBANYE-Stillwater today settled a metals streaming agreement over platinum group metals (PGM) mined from Marikana, operations formerly owned by Lonmin.

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EMISSIONS: New car CO2 emissions hit the highest average in Europe since 2014

  • Date: 03-03-20
  • Category: EMISSIONS
  • Source: Jato

The automotive industry faces a number of major challenges this year. In addition to the European car market recording timid growth in 2019, CO2 emissions have continued to increase. This despite new regulation designed to curtail this.

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