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NICKEL: Papua New Guinea may shut Chinese-owned nickel plant after spill

  • Date: 02-09-19
  • Category: NICKEL
  • Source: Reuters

MELBOURNE (Reuters) - A nickel processing plant owned by Metallurgical Corp of China (MCC) that spilled mine waste into Papua New Guinea’s Basamuk Bay faces compensation claims and possibly closure, the head of the country’s minerals authority said on Thursday.

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LITHIUM: Australian lithium miners submerged by low prices

  • Date: 02-09-19
  • Category: LITHIUM
  • Source: Mining Weekly

China's biggest lithium producer, Ganfeng Lithium Co, a large buyer of spodumene, posted a 59% plunge in first-half profit last week, and said it expected prices of Australian hard rock lithium to fall further.

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AUTO SALES: China to exempt Tesla cars from 10% purchase tax

  • Date: 02-09-19
  • Category: AUTO SALES
  • Source: Reuters

BEIJING (Reuters) - China will exempt Tesla Inc’s (TSLA.O) electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on Friday, a concession made amidst trade tensions with the United States.

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AMCU: Amcu thrown a lifeline after deregistration decision

  • Date: 02-09-19
  • Category: AMCU
  • Source: Jacaranda FM

Labour relations registrar Lehlohonolo Molefe has decided not to continue with the deregistration of the Association of Mineworkers and Construction Union (Amcu).

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PGM PRODUCERS: Zimplats in half year profit jump

ZIMBABWE’S largest platinum group metals (PGMs) producer, Zimplats Holdings, profit for the year to June 2019 vaulted US$144,9 million from US$2,6 million posted in 2018, partly spurred by a US$36,4 million export incentive and $9,6 million tax refund.

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SOUTH AFRICA: President Ramaphosa promises to visit Marikana after union engagement

  • Date: 02-09-19
  • Category: SOUTH AFRICA
  • Source: The South African

The South African National Civic Organisation (SANCO) said on Monday it welcomed a call by labour federation COSATU for President Cyril Ramaphosa to visit Marikana, where 44 people died seven years ago during a violent strike at a Lonmin mine, including 34 protesting workers shot by police.

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AUTO SALES: China to exempt Tesla cars from 10% purchase tax

  • Date: 02-09-19
  • Category: AUTO SALES
  • Source: Reuters

BEIJING (Reuters) - China will exempt Tesla Inc’s (TSLA.O) electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on Friday, a concession made amidst trade tensions with the United States.

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NICKEL: Nickel hits five-year high as price surge continues

  • Date: 02-09-19
  • Category: NICKEL
  • Source: Financial Times

Nickel’s breathtaking advance continued on Monday after Indonesia said it would halt exports of the metal in 2020 as Jakarta steps up efforts to build a local smelting industry.

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