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AUTO SALES: China auto group cuts 2019 sales forecast to a 5% drop

  • Date: 26-07-19
  • Category: AUTO SALES
  • Source: Reuters

BEIJING (Reuters) - China’s biggest auto industry association has cut its sales forecast for this year due to slowing economic growth, and now expects sales to fall for the second year running.

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POLLUTION: A Dead End for Fossil Fuel in Europe’s City Centers

  • Date: 26-07-19
  • Category: POLLUTION
  • Source: Bloomberg

Ever since Volkswagen AG was found out in 2015 to be rigging engines, harmful car emissions have come under intense scrutiny from consumers and regulators. Municipalities in Europe have been pushing to get diesel cars, in particular, out of inner cities. Come 2024, a diesel car won’t get you around Paris or Madrid as the capitals ban all passenger vehicles running on the fuel.

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PGM PROJECTS: Generation Mining – A credible PGM project in a safe region

The Palladium markets have been red-hot lately, but it is extremely difficult to find decent platinum-group metals (PGM) projects with a nice palladium content in Tier-1 jurisdictions. Most of the larger PGM projects are in riskier countries like South Africa and Russia, and most of those projects are either too low grade or just haven’t reached critical mass yet. ValOre Metals (VO.V) announced the acquisition of the Pedra Branca PGM deposit in Brazil, but it’s Generation Mining ...

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ESKOM: Eskom’s monopoly has caused loadshedding, sabotaged SA’s future

  • Date: 26-07-19
  • Category: ESKOM
  • Source: City Press

The government’s conduct over the last century and more has led to the situation South Africa finds itself in today with regards to the provision of electricity.

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BATTERIES: LG Chem plans to invest $424 million for battery material plant in South Korea

  • Date: 25-07-19
  • Category: BATTERIES
  • Source: Reuters

SEOUL (Reuters) - South Korean battery maker LG Chem Ltd said on Thursday it had agreed to invest 500 billion won ($424.03 million) to build a factory in South Korea to produce cathode material for lithium-ion batteries.

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AUTO SALES: China's car sales expected to recover in H2

  • Date: 25-07-19
  • Category: AUTO SALES
  • Source: Xinhuanet

BEIJING, July 25 (Xinhua) -- China's car production and sales are both expected to recover in the next half of this year as car dealers have ratcheted up promotion before new emission standards took effect in some regions ahead of schedule, the China Securities Journal reported Thursday.

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BATTERIES: Tesla results: solar down, batteries up

  • Date: 25-07-19
  • Category: BATTERIES
  • Source: PV Magazine

Elon Musk’s EV and energy company is becoming increasingly irrelevant in the rooftop solar market, but battery sales are booming.

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PGM PRODUCERS: Anglo posts 45% increase in earnings

Anglo American continued to ride the wave of high demand and increasing commodity prices on its custom-made board of low costs and higher value products in the six months to June. While mining and sales volumes decreased in just about all of its divisions and revenue increased by only 8%, profit attributable to shareholders increased by a huge 46% in dollar terms.

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