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PGM PRODUCERS: Life’s good for Implats

Cash generation is so strong at Impala Platinum (Implats) that the company may not need bridging finance in order to complete the $758m purchase of Toronto’s North American Palladium (NAP) it first announced – to much surprise – on 7 October.

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ELECTRIC VEHICLES: Ford is challenging Tesla by trying to calm one of the biggest fears people have about electric vehicles

Ford announced on Thursday that it is giving electric-vehicle customers two years of free access to over 12,000 charging stations in North America with over 35,000 plugs.

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AUTO SALES: Decline in lending and lack of clarity around BS-VI slow India auto

  • Date: 17-10-19
  • Category: AUTO SALES
  • Source: Just Auto

The Indian automotive sector has been facing an unprecedented slowdown for the last several months with sales of vehicles across all segments experiencing prolonged negative growth.

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PGM PROJECTS: Is there a mine in the future for Marathon?

  • Date: 16-10-19
  • Category: PGM PRODUCERS
  • Source: Northern Ontario Business

A base metal company wants to explore the mine potential of its property near the north shore of Lake Superior.

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FERROCHROME: Noront announces time and place for first ferrochrome open house

  • Date: 16-10-19
  • Category: FERROCHROME
  • Source: Soo Today

Noront Resources today announced the venue and time for an introductory open house about its proposed $1 billion ferrochrome smelter in Sault Ste. Marie.

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AUTO SALES: Passenger car registrations: -1.6% nine months into 2019; +14.5% in September

  • Date: 16-10-19
  • Category: AUTO SALES
  • Source: ACEA

In September 2019, EU demand for new passenger cars increased by 14.5% to reach 1.2 million units registered in total. To a large extent, this strong year-on-year growth is the result of a low base of comparison, as registrations fell significantly in September 2018 (-23.5%) following the introduction of the WLTP testing regime.

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BATTERIES: China lead producer Yuguang eyes move into battery manufacturing

  • Date: 16-10-19
  • Category: BATTERIES
  • Source: Reuters

KUNMING, China (Reuters) - Henan Yuguang Gold and Lead (600531.SS), China’s largest lead producer, plans to set up a lead-acid battery production line as part of a downstream expansion, a company official said on Wednesday.

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RAND: South Africa's rand rattled by power cuts, stocks led higher by Sibanye

  • Date: 16-10-19
  • Category: RAND
  • Source: Financial Post

JOHANNESBURG — The rand fell on Wednesday as power cuts by state utility Eskom highlighted the challenges facing South Africa’s ailing economy.

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