Consulting analysts in tomorrow’s commodities and technologies

News

PGM PRODUCERS: Chris Griffith resigns as CEO of Amplats on day firm pays mammoth R14.2bn dividend

CHRIS Griffith, CEO of Anglo American Platinum (Amplats), called time on his seven year stint as CEO of the firm saying it had represented “the pinnacle” of his career.

View full story

SUBSTITUTION: Market in the foothills of platinum recovery as automakers turn minds to substitution

THE market might be in the foothills of a platinum price recovery as automakers had “started to do some work” on how the metal could be used as a substitute for palladium, the dollar price of which had improved 48% in 2019.

View full story

PGM PRODUCERS: Anglo American Platinum profits soar in company’s first fatality-free year

  • Date: 17-02-20
  • Category: PGM PRODUCERS
  • Source: Mining Technology

South African platinum giant Anglo American Platinum has announced that its net profit for 2019 more than doubled over 2018 on the back of higher platinum group metals (PGMs) prices, as the company recorded its first-ever fatality-free year. The annual results were published the same day CEO Chris Griffith announced he will step down as CEO and executive director in April 2020.

View full story

AUTO PRODUCTION: FCA to halt output at Serbia plant due to coronavirus impact, report says

MILAN -- Fiat Chrysler Automobiles plans to halt operations at its factory in Serbia due to a lack of parts from China because of the coronavirus, people familiar with the matter said.

View full story

AUTO NEWS: World première at Geneva Motor Show: First glimpse of the new Golf GTD

  • Date: 14-02-20
  • Category: AUTO NEWS
  • Source: Volkswagen

Volkswagen will celebrate the world première of the Golf GTD at the Geneva International Motor Show from 5 to 15 March. Among the technical highlights is the most powerful and – thanks to twin dosing – cleanest turbo diesel injection (TDI) engine ever to be installed in a Golf. It harmonises the confident dynamism of the Golf GTD together with higher efficiency and lowest emissions. The charismatic design of the Golf GTD reflects a unique combination of dynamism and self-confidence.

View full story

PGM PRODUCERS: Sibanye-Stillwater trading statement and operating update for the year ended 31 December 2019

  • Date: 14-02-20
  • Category: PGM PRODUCERS
  • Source: Sibanye-Stillwater

Johannesburg, 14 February 2020: Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) is pleased to provide a trading statement and operating update for the year ended 31 December 2019. The comprehensive financial and operating results for the six months and the year ended 31 December 2019 (H2 2019 and 2019 year respectively) will be released on Wednesday, 19 February 2020.

View full story

AUTO SALES: China auto sales likely tumbled 18% in January, coronavirus seen taking heavy toll

  • Date: 13-02-20
  • Category: AUTO SALES
  • Source: Reuters

BEIJING/SHANGHAI (Reuters) - China’s vehicle sales likely fell by almost a fifth in January, marking a 19th consecutive month of decline, hurt by Lunar New Year holidays that started earlier than last year and by the coronavirus outbreak.

View full story

EMISSIONS: Beijing outlines plans to improve air quality more in 2020, use more new energy vehicles

  • Date: 13-02-20
  • Category: EMISSIONS
  • Source: Reuters

BEIJING (Reuters) - Beijing will cut smog levels further this year by putting more new energy vehicles (NEV) on its roads, reducing diesel-fuelled truck numbers and tightening its supervision of vehicle emissions and refined oil products, the city said on Thursday.

View full story