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BREXIT: Hard Brexit Could Cost U.K. Auto Industry $63,750 a Minute

  • Date: 25-06-19
  • Category: BREXIT
  • Source: Bloomberg

Britain’s automotive industry stands to lose 50,000 pounds ($63,750) a minute should the country crash out of European Union without a deal because friction at the border will leave plants starved of parts, the U.K.’s car industry lobby said.

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HYDROGEN: Construction starts on the world’s largest PEM electrolyser at Shell’s Rheinland Refinery

  • Date: 25-06-19
  • Category: HYDROGEN
  • Source: ITM Power

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to note the announcement by the REFHYNE consortium of the commencement of construction of the 10MW hydrogen electrolysis plant at the Shell Rheinland refinery in Wesseling, Germany. The REFHYNE announcement is set out below.

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ELECTRIC VEHICLES: Electrified vehicles count for 7.1% of new vehicles in Europe in May; SUVs continue to dominate full market

Registrations of pure electric, plug-in hybrid and hybrid cars totalled 94,000 units in 18 European markets in May 2019, counting for 7.1% of the total volume, up from 5.3% in May 2018, according to figures from JATO Dynamics.

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PGM PRODUCERS: Zimplats to build 160MW solar farm

Zimbabwe’s largest platinum group metals (PGMs) producer, Zimplats Holdings, says it is interrogating the feasibility of constructing a 160 megawatts solar power plant to guarantee uninterrupted and affordable power supplies to the group’s operations.

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AUTO NEWS: FCA, Renault hoping merger talks will restart

  • Date: 24-06-19
  • Category: AUTO NEWS
  • Source: Europe Auto News

Executives at Fiat Chrysler and Renault-Nissan remain open to the idea that a merger deal could still happen, but they warn that conditions imposed by each side could hurt efforts to restart talks, the Wall Street Journal reported, citing people familiar with the situation.

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EMISSIONS: Average CO2 emissions from new cars and new vans increased in 2018

  • Date: 24-06-19
  • Category: EMISSIONS
  • Source: European Environment Agency

According to provisional data published today by the European Environment Agency (EEA), the average carbon dioxide (CO2) emissions from new passenger cars registered in the European Union (EU) in 2018 increased for the second consecutive year, reaching 120.4 grammes of CO2 per kilometre. For the first time, the average CO2 emissions from new vans also increased. Manufacturers will have to reduce emissions of their fleet significantly to meet the upcoming 2020 and 2021 targets.

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BATTERIES: Lower demand from power batteries to extend declines in cobalt, lithium prices

  • Date: 24-06-19
  • Category: BATTERIES
  • Source: SMM

SHANGHAI, Jun 24 (SMM) – Pressure from lower demand in the power battery market will be gradually felt on the raw materials end, which is set to push smelters and miners to lower prices in the third quarter.

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PGM PRODUCERS: Court’s ruling against Amcu agency fee at Lonmin is victory for workers – Solidarity

Amcu’s agreement with Lonmin permitted it to recover fees from employees who were not Amcu members. Solidarity said in a statement on Thursday it was pleased that the courts had ruled against Amcu’s agency fee agreement with Lonmin at its Marikana operations.

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