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NICKEL: Sumitomo to book additional 30bn yen impairment on Madagascar nickel project

  • Date: 26-01-21
  • Category: NICKEL
  • Source: Mining.com

Sumitomo Corp said on Monday it will book an additional impairment loss of about 30 billion yen ($289 million) on its Ambatovy nickel project in Madagascar for the October-December quarter to reflect the revised output plan.

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LITHIUM: China's LiCO3 imports, LiOH exports rise in 2020

  • Date: 26-01-21
  • Category: LITHIUM
  • Source: Argus Media

China's lithium carbonate imports rose in 2020 on a rapid rise in demand from the lithium iron phosphate (LFP) batteries sector, with exports of lithium hydroxide also higher on stronger demand from battery manufacturers outside of China.

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RARE EARTHS: Lynas shares jump on deal for US rare earth plant

  • Date: 25-01-21
  • Category: RARE EARTHS
  • Source: Mining.com

Australian rare earths miner Lynas Corp’s (ASX: LYC) shares jumped on Friday after it announced a deal with the US government to build a commercial light rare earths separation plant in Texas.

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HYDROGEN: Johnson Matthey announces manufacturing capacity for key components in Green Hydrogen

  • Date: 20-01-21
  • Category: HYDROGEN
  • Source: Johnson Matthey

Johnson Matthey (JM), a global leader in sustainable technologies, has taken the next major step in its plans to commercialise technologies to enable production of zero carbon ‘green’ hydrogen, announcing new manufacturing capacity for the production of catalyst coated membranes. This capacity is co-located with JM’s cutting edge plant in Swindon, UK, where high performance fuel cell components including membrane electrode assemblies, catalyst coated membranes, and fuel processor catalysts are p

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NICKEL: Kabanga, Tanzania to develop world’s largest nickel deposit

  • Date: 20-01-21
  • Category: NICKEL
  • Source: Mining.com

British miner Kabanga Nickel, formerly known as LZ Nickel, has inked a framework agreement with the government of Tanzania to develop the world’s largest battery-grade nickel sulphide deposit in the country’s northwest.

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CORONAVIRUS: One of Africa’s Busiest Borders Closed to Control Covid Outbreak

  • Date: 19-01-21
  • Category: CORONAVIRUS
  • Source: Bloomberg

South Africa’s decision to shut its land borders to most travel to curb the spread of the Covid-19 pandemic has blocked hundreds of thousands of foreigners trying to return to work after the December holidays.

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BATTERIES: Electric car batteries with five-minute charging times produced

  • Date: 19-01-21
  • Category: BATTERIES
  • Source: The Guardian

Batteries capable of fully charging in five minutes have been produced in a factory for the first time, marking a significant step towards electric cars becoming as fast to charge as filling up petrol or diesel vehicles.

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AUTO PRODUCTION: Audi idles 10,000 staff on chip shortage, but expects overall output for 2021 to be unaffected

A global semiconductor shortage is forcing Audi to put more than 10,000 workers on furlough and delay the production of some cars, CEO Markus Duesmann told the Financial Times.

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