Consulting analysts in tomorrow’s commodities and technologies

News

ESKOM: Union threatens power cuts if Eskom is split into three

  • Date: 31-10-19
  • Category: ESKOM
  • Source: Fin 24

In protest against government’s plan to divide Eskom into three units, the National Union of Mineworkers (NUM) is threatening to strike in an effort to trigger country-wide blackouts.

View full story

PGM PRODUCERS: Sibanye's profit triples, on track to resume dividends

Sibanye Gold [JSE: SGL] the world’s biggest platinum miner, said it’s on track to resume dividend payments in the latter half of 2020 as third-quarter earnings more than tripled.

View full story

ZIMBABWE: Zimbabwe is eyeing a platinum-led revival. But miners see little chance

  • Date: 31-10-19
  • Category: ZIMBABWE
  • Source: Fin 24

Zimbabwe’s government is banking on a platinum-mining boom to help revive its collapsing economy. The world’s biggest platinum companies say it isn’t going to happen.

View full story

PGM PRODUCERS: After a massive year for its investors, Implats reports decline in output

Implats saw a 2.4% decline in production, to 5.2m tonnes in the quarter to end-September, from 5.34m tonnes in the same period last year.

View full story

AUTO NEWS: Fiat Chrysler, PSA confirm talks on potential tie-up

  • Date: 30-10-19
  • Category: AUTO NEWS
  • Source: Auto News Europe

MILAN/PARIS -- Fiat Chrysler Automobiles and PSA Group said they are in talks about a possible combination, in a potential deal that would reshape the global auto industry and create a European powerhouse to rival Volkswagen Group.

View full story

ELECTRIC VEHICLES: China’s Electric Carmakers Battle for Survival After Subsidies Scaled Back

When Elon Musk’s Tesla Inc. delivered positive earnings few saw coming last quarter, China’s top electric carmakers were weathering a historical contraction in demand.

View full story

FUEL CELLS: Hyundai Motor accelerates hydrogen technology development through 3 strategic investments

  • Date: 30-10-19
  • Category: FUEL CELLS
  • Source: Green Car Congress

Hyundai Motor Company announced key investments into three hydrogen companies—Impact Coatings, H2Pro and GRZ Technologies—to strengthen its leadership position in the global hydrogen fuel cell ecosystem.

View full story

PGM PRODUCERS: Sibanye mulls over moving primary listing to New York

JOHANNESBURG – Sibanye Gold chief executive Neal Froneman is considering moving the South African miner’s primary listing to New York from 2021 after he curbs the company’s debt.

View full story