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PGM PRODUCERS: Anglo American Platinum updated trading statement for the six months ended 30 June 2019

  • Date: 16-07-19
  • Category: PGM PRODUCERS
  • Source: Anglo American Platinum

Anglo American Platinum will release results for the six months ended 30 June 2019 (“the period”) on the Johannesburg Stock Exchange News Service (“SENS”) on 22 July 2019.

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AUTO SALES: Does China’s 12 Month Losing Streak in Auto Sales Signal End of the Road for High Growth in World’s Largest Auto Market?

  • Date: 16-07-19
  • Category: AUTO SALES
  • Source: IHS Markit

WASHINGTON--(BUSINESS WIRE)--China’s light vehicle (LV) sales fell nearly 10 percent in June 2019 from prior year—the 12th consecutive month sales declined—casting new doubts on what has been the world’s biggest growth engine for auto sales, a recent analysis by business information provider IHS Markit (NYSE: INFO) says.

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PGM PRODUCERS: Amplats to take interim earnings up as much 128% on improved PGM prices

THE improvement in the rand basket price of platinum group metals (PGM) would help propel Anglo American Platinum (Amplats) to interim headline earnings of R7bn to R7.7bn – an increase as high as 128% year-on-year.

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MACROECONOMICS: Japan's Looming Sales Tax Hike Prompts Less Rush Demand So Far

Japan’s economy is less likely to suffer a painful whiplash from a sales tax increase scheduled for October, early sales figures for autos and apartments suggest.

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HYDROGEN: Hydrogen storage fuels innovation

  • Date: 15-07-19
  • Category: HYDROGEN
  • Source: Just Auto

Magna Steyr is a global, brand-independent engineering and manufacturing partner to automakers, offering solutions for a range of services with development and assembly strategies. Its product expertise includes fuel tanks and systems. To learn more about this part of the business, we spoke to Jean-Luc Bichler, Vice President, Magna Steyr Fuel Systems and Martin Seiner, Director, Sales, Magna Steyr Fuel Systems.

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MACROECONOMICS: China’s Growth Slides to Weakest Pace in Almost Three Decades

China’s economy slowed to the weakest pace since quarterly data began in 1992 amid the ongoing trade standoff with the U.S., while monthly indicators provided signs that a stabilization is emerging.

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BATTERIES: Anglo American Platinum and Platinum Group Metals Ltd launch new venture to develop next generation battery technology

  • Date: 15-07-19
  • Category: BATTERIES
  • Source: Anglo American Platinum

Anglo American Platinum Limited (‘Anglo American Platinum’) and Platinum Group Metals Ltd. have launched a new venture, Lion Battery Technologies Inc. (‘Lion’), to accelerate the development of next-generation battery technology using platinum and palladium. The possibility of creating additional demand for platinum and palladium in the battery technology space is an exciting development and of strategic importance to both parties.

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PGM PRODUCERS: Zimbabwe’s platinum miners wary as black market traders threaten to intensify currency crisis

CONDITIONS for mining companies in Zimbabwe have improved materially since the new government headed by President Emmerson Mnangagwa came to power, but there are three key issues the country’s miners are still uneasy about.

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