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COBALT: Restrictions on sourcing of cobalt are changing

  • Date: 10-03-20
  • Category: COBALT
  • Source: PV Magazine

New EU regulations, which are set to come into effect in 2021, impose significantly stricter compliance obligations on all companies in the minerals supply chain. All companies, from miners to electronic goods manufacturers, will be required to (i) demonstrate that they have the correct due diligence practices in place; (ii) identify other actors in their supply chains; and (iii) verify that these other actors have also implemented the correct procedures.

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ESKOM: Eskom Ramps Up Power Cuts After Fault at Nuclear Plant

  • Date: 10-03-20
  • Category: ESKOM
  • Source: Bloomberg

South Africa’s struggling state power utility doubled the severity of nationwide power cuts on Tuesday after its sole nuclear plant, which it considers its most reliable generation facility, experienced problems with one of its turbines.

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PGM PRODUCERS: Sibanye keeps workers safe during underground fire incident at Kroondal

The National Union of Mineworkers (NUM) has expressed concern around an incident that happened at Sibanye-Stillwater’s Kroondal mine, in Rustenburg, on Monday, which required 378 mineworkers being kept underground for safety reasons.

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BATTERY RECYCLING: Fortum, BASF, and Nornickel sign cooperation agreement on Li-ion battery recycling

Fortum, BASF, and Nornickel have signed a letter of intent to plan a Li-ion battery recycling cluster in Harjavalta, Finland, serving the electric vehicle market. This would enable a successful “closed loop” cycle to re-use the critical metals present in used batteries.

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PGM PRODUCERS: Amplats shares extend losses on shock force majeure

Can Anglo American Platinum catch a break? After almost a decade of being battered by depressed prices, soaring costs and labour unrest, the company has seen its profits surge the past couple of years. Now an explosion at a plant in Rustenburg has forced the company to declare force majeure and slash its production guidance for the year.

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PGM PRODUCERS: Impala Platinum Holdings: A Turnaround Story Amidst Soaring PGM Prices

Impala Platinum, aka Implats, holds an enormous amount of PGM resources, mostly in southern Africa.

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PGM PROJECTS: Ivanhoe hails progress at Kamoa-Kakula, Platreef

Ivanhoe Mines (TSX:IVN) said that progress at its Kakula copper project, the first of multiple planned mining areas at Kamoa-Kakula in the Democratic Republic of the Congo (DRC) continues to move forward, with production slated for the third quarter of 2021.

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MINING: Climate-proofing mining operations in a era of climate change

  • Date: 09-03-20
  • Category: MINING
  • Source: Mining Review

By nature, mining activities are resource intensive, and by coincidence they are often located in geographies particularly vulnerable to climate change.

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