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AUTO SALES: Are we witnessing the death of the car?

Cities around the world are seeing dwindling numbers of fossil-fuel powered cars on their streets, and many are planning to keep it that way after lockdowns ease.

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AUTO SALES: Even if we manage to overcome COVID-19, a no-deal Brexit might be the next threat to the auto sector

  • Date: 30-04-20
  • Category: AUTO SALES
  • Source: ACEA

While Europe still grapples with the health, social and economic impacts of the coronavirus, and EU automobile manufacturers battle for survival, the second round of negotiations on the future relationship between the United Kingdom and the European Union took place last week. This is not something we can overlook, because a no-deal Brexit at the end of 2020 risks undoing efforts to get the auto industry back on track.

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NORNICKEL: Russia's Nornickel draws on credit lines to build cash buffer

  • Date: 30-04-20
  • Category: NORNICKEL
  • Source: Reuters

MOSCOW (Reuters) - Russian mining giant Norilsk Nickel (GMKN.MM) has drawn on some of its credit lines to build a cash position of $5 billion to protect it against market volatility caused by the coronavirus outbreak and ahead of a $1.2 billion dividend payment.

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PGM PRODUCERS: Implats cuts output guidance

JOHANNESBURG - Impala Platinum (Implats) has slashed both the production and capital expenditure guidance by 15 percent and withdrawn its unit costs guidance for the 2020 financial year due to unprecedented uncertainty caused by the Covid-19 pandemic.

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PGM PRODUCERS: RBPlat bucks turbulent trend with stable first-quarter production

JOHANNESBURG (miningweekly.com) – Platinum group metals mining company Royal Bafokeng Platinum (RBPlat) on Wednesday reported stable first-quarter production output despite significant operational headwinds related to power grid stability, the Anglo American Platinum (Amplats) force majeure declaration and the Covid-19 pandemic.

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COVID-19: World has 'historic' opportunity for green tech boost, says global watchdog

  • Date: 28-04-20
  • Category: COVID-19
  • Source: Reuters

LONDON (Reuters) - Global efforts to minimise the economic fallout from the coronavirus pandemic present an historic opportunity to scale up the technologies needed to speed a transition to cleaner energy, the head of the world’s energy watchdog says.

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AUTO SALES: Europe Beats China in Electric Vehicle Sales, Study Shows

  • Date: 24-04-20
  • Category: AUTO SALES
  • Source: Bloomberg

Europe’s five largest automotive markets edged past China in electric vehicle registrations in the first quarter of 2020, as China battled the outbreak of the coronavirus and imposed shutdowns countrywide, according to a study by PwC and its strategy consulting subsidiary Strategy&.

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PGM PRODUCERS: RBPlats quarterly review and production report for the period 1 January 2020 to 31 March 2020

  • Date: 24-04-20
  • Category: PGM PRODUCERS
  • Source: Royal Bafokeng Platinum

Notwithstanding the winding down of mining activities to ensure that our underground operations were safely and effectively placed into a care and maintenance cycle for the duration of the initial 21-day National Lockdown, total reef tonnes hoisted for the quarter increased by 8.7% to 954 kt. BRPM tonnes hoisted were 1.5% lower at 520 kt and Styldrift tonnes hoisted increased by 24.0%to 434 kt.

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