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NORNICKEL: Nornickel Announces Production Results for Q1 of 2020

  • Date: 05-05-20
  • Category: NORNICKEL
  • Source: Steel Guru

nornickel-coronavirus-covid-91-outbreak_98738.jpg Image Source: themoscowtimes.com PJSC MMC Norilsk Nickel announced preliminary consolidated production results for the first quarter of 2020. Norilsk Nickel Chief Operating Officer Sergey Dyachenko said “In 1Q2020, the Company increased mine output 5% compared to last year. However, the volumes of saleable metals were affected by the pre-commissioning of the new chlorine leaching refining shop at Kola MMC.

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RECYCLING: German gov't signals no rush on scrapping program

  • Date: 04-05-20
  • Category: RECYCLING
  • Source: Auto News

BERLIN -- Germany needs several more weeks to decide on a scrapping program to counter a slump in car sales, Finance Minister Olaf Scholz said.

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MINING: Most top miners failing Paris Agreement goals

  • Date: 04-05-20
  • Category: MINING
  • Source: Mining

Eight of the world’s top ten largest mining companies are not doing enough to help meet international climate goals, research by a UK-based investor initiative set up by the Church of England reveals.

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HYDROGEN: Australian government establishes A$300m hydrogen fund

  • Date: 04-05-20
  • Category: HYDROGEN
  • Source: Mining Weekly

PERTH (miningweekly.com) – The Australian government has announced the establishment of a A$300-million Advancing Hydrogen Fund that will finance projects focused on growing a clean, innovative and competitive hydrogen industry in Australia.

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SOUTH AFRICA: Amcu says court order will ensure safety of mineworkers during Covid-19

The Association of Mineworkers and Construction Union (Amcu) has welcomed the labour court judgment on Friday compelling the department of mineral resources & energy and energy to set minimum health and safety standards during the Covid-19 pandemic.

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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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